SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported) March 18, 1997
The Originators as listed below under a Pooling and Servicing Agreement dated as
of February 28, 1997 providing for the issuance of The Money Store Home Equity
Asset Backed Certificates, Series 1997-A.
TMS Mortgage Inc.
The Money Store/D.C. Inc.
The Money Store/Kentucky Inc.
The Money Home Equity Corp.
The Money Store/Minnesota Inc.
(Exact name of registrant as specified in its charter)
* 33-98734 *
(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)
* See Schedule A attached hereto.
<PAGE>
Item 5. Other Events
This Current Report on Form 8-K is being filed to file a copy of the
Computational Materials (as defined below) of Prudential Securities
Incorporated, Salomon Brothers Inc. and Merrill Lynch & Co.as Representative of
the Underwriters (the "Underwriters") in connection with the issuance by TMS
Mortgage Inc., The Money Store/D.C Inc., The Money Store/Kentucky Inc., The
Money Store Home Equity Corp. and The Money Store/Minnesota Inc., of The Money
Store Home Equity Asset Backed Certificates, Series 1997-A. 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 made applicable to other issuers and
underwriters by the Commission in response to the request of the Public
Securities Association dated May 24, 1994, and the supplemented in the No-Action
Letter of February 17, 1995 issued by the SEC to the Public Securities
Association.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
(c) Exhibits
Exhibit No.
99.1 Computational Materials of Prudential Securities Incorporated.
99.2 Computational Materials of Salomon Brothers Inc.
99.3 Computational Materials of Merrill Lynch & Co.
<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/Minnesota Inc.
The Money Store/D.C. Inc.
The Money Store/Kentucky Inc.
The Money Store Home Equity Corp.
TMS Mortgage Inc.
By:/s/Morton Dear
Name: Morton Dear
Title: Executive Vice President
Dated: March 20, 1997
<PAGE>
Schedule A
State of IRS Employer
Registrant Incorporation ID Number
TMS Mortgage Inc. New Jersey 22-3217781
The Money Store/D.C. Inc. D.C. 22-2133027
The Money Store/Kentucky Inc. Kentucky 22-2459832
The Money Store/Home Equity Corp. Kentucky 22-2522232
The Money Store/Minnesota Inc. Minnesota 22-3003495
<PAGE>
EXHIBIT INDEX
Exhibit Description of Exhibit
99.1 Computational Materials of Prudential Securities Incorporated
99.2 Computational Materials of Salomon Brothers Inc.
99.3 Computational Materials of Merrill Lynch & Co.
Exhibit 99.1
Computational Materials of Prudential Securities Incorporated
Preliminary Information for The Money Store Trust 1997-A
- The Money Store Inc.
Seller and Servicer
- The Money Store Trust 1997-A
[$94,300,000] Class A-1 Certificates [ %]
[$63,100,000] Class A-2 Certificates [ %]
[$75,800,000] Class A-3 Certificates [ %]
[$61,100,000] Class A-4 Certificates [ %]
[$31,100,000] Class A-5 Certificates [ %]
[$45,000,000] Class A-6 Certificates [ %]
[$30,600,000] Class A-7 Certificates [ %]
[$32,000,000] Class A-8 Certificates [ %]
[$37,000,000] Class A-9 Certificates [ %]
[$260,000,000] Class A-10 Certificates 1M LIBOR + [ %]
[$60,000,000] Class A-11 Certificates (Auction Rate)
[$10,000,000] Class A-12 Certificates [ %]
The analysis in this report is accurate to the best of PSI's knowledge and is
based on information provided by the Seller. PSI makes no representations as to
the accuracy of such information provided to it by the Seller. 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>
The Money Store Trust 1997-A
Title of Securities: The Money Store Trust 1997-A, Classes A-1 through A-12
(collectively, the "Certificates").
Description of
Transaction: This approximately $800,000,000 MBIA-wrapped
transaction is supported by three distinct collateral types.
The Class A-1 through A-9 Certificates are fixed-rate
bonds 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-10 Certificates are also subject to a hard cap of
[14%]. The Class A-11 Certificates are auction rate
certificates, the coupon for which will be determined
monthly, subject to a hard cap of [14%] as described
below.
The Class A-12 Certificates are backed by multi-family
mortgage loans.
Excess spread from each of the three 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>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE CLASSES A-1 THROUGH A-9 (SUPPORTED BY FIXED-RATE HOME EQUITY MORTGAGE LOANS)
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Settlement Date: [March 31, 1997]
Dated Date: [March 1, 1997]
Prepayment Assumption: [23% HEP]--Actual prepayments may vary.
Class A-1 Class A-2 Class A-3 Class A-4
Approximate Size: [94,300,000] [63,100,000] [75,800,000] [61,100,000]
Avg. Life to Maturity: (app.) [0.54] [1.29] [2.07] [3.07]
Avg. Life to Call: (app.) [0.54] [1.29] [2.07] [3.07]
Coupon: [ %] [ %] [ %] [ %]
Coupon Day Count 30/360 30/360 30/360 30/360
Expected Maturity (to maturity): [03/15/98 11/15/98 10/15/99 12/15/00 ]
Expected Maturity (to call): [03/15/98 11/15/98 10/15/99 12/15/00 ]
Stated Maturity: [12/15/05 12/15/09 04/15/12 03/15/16 ]
Class A-5 Class A-6 Class A-7 Class A-8 Class A-9
Approximate Size: [31,100,000] [45,000,000] [30,600,000] [32,000,000] [37,000,000]
Avg. Life to Maturity: (app.) [4.04] [5.19] [7.20] [11.34] [6.97]
Avg. Life to Call: (app.) [4.04] [5.19] [7.19] [ 8.29] [6.44]
Coupon: [ %] [ %] [ %] [ %] [ %]
Coupon Day Count 30/360 30/360 30/360 30/360 30/360
Expected Maturity (to maturity): [09/15/01 05/15/03 10/15/05 03/15/14 02/15/14 ]
Expected Maturity (to call): [09/15/01 05/15/03 07/15/05 07/15/05 07/15/05 ]
Stated Maturity: [01/15/18 10/15/21 11/15/24 04/15/27 04/15/27 ]
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Money Store Trust 1997-A
- -------------------------------------------------------------------------------
CERTIFICATE CLASSES A-10 AND A-11 (SUPPORTED BY ADJUSTABLE-RATE HOME EQUITY MORTGAGE LOANS)
- -------------------------------------------------------------------------------
<S> <C> <C>
Settlement Date: [March 31, 1997]
Dated Date: A-10: [March 15, 1997] A-11: [March 31, 1997]
Prepayment Assumption: [25% CPR]--Actual prepayments may vary.
Class A-10 Class A-11
Approximate Size: [260,000,000] [60,000,000]
Avg. Life to Maturity (app.) [1.95] [8.60]
Avg. Life to Call (app.) [1.95] [7.40]
Coupon*: 1M LIBOR + [ %] (Auction Rate)
(Class A-10 and A-11 Certificates are
subject to an available funds cap, and
subject to hard caps of [14%] and [14%],
respectively) (Class A-10 and A-11
Certificates are entitled to interest
shortfall reimburment)
Coupon Day Count: Actual/360 Actual/360
Life Cap:
Expected Maturity (to maturity): [09/15/02 10/15/14]
Expected Maturity (to call): [09/15/02 07/15/05]
Stated Maturity: [05/15/25 03/15/27]
Auction Class
Description: Certificate Class A-11 is an auction rate class that pays a
coupon to investors (based on 1-Month LIBOR) that is reset
monthly through a Dutch Auction. The initial auction rate
coupon will be set on the pricing date. The first auction date
subsequent to the pricing will be 4/14/97, and the first rate
adjustment will occur on 4/15/97. Thereafter, auctions will
occur the business day before each remittance date (i.e. on
5/14/97 for the 5/15/97 remittance date). The rate determined
at the auction is the rate at which interest will accrue for
the following remittance date (i.e. for the 6/15/97 remittance
to investors).
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 month, at which time another
Dutch Auction is conducted and the coupon rate is reset.
Authorized denominations are $25,000 (minimum) and any integral
multiples thereof. The Class A-11 Certificates are not money
market eligible under Rule 2a-7 of the general rules and
regulations under the Investment Company Act of 1940.
- -----------------------------------------------------------------------------
CERTIFICATE CLASS A-12 (SUPPORTED BY MULTI-FAMILY MORTGAGE LOANS)
- ----------------------------------------------------------------------------
Settlement Date: [March 31, 1997]
Dated Date: [March 1, 1997]
Prepayment Assumption: [2% CPR months 1-48; 10% CPR beginning month 49
adjusted for seasoning]
--Actual prepayments may vary.
Class A-12
Approximate Size: [10,000,000]
Avg. Life to Maturity: (app.) [6.82]
Avg. Life to Call: (app.) [4.94]
Coupon: [ %]
Coupon Day Count: 30/360
Expected Maturity (to maturity): [02/15/25]
Expected Maturity (to call): [07/15/05]
Stated Maturity: [03/15/27]
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
The Money Store Trust 1997-A
<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 sum
Classes) of the i) the aggregate principal balances of the initial Home Equity Loans and the Initial Multi-
Family Loans as of the cut-off date and ii) the
original Pre-Funded Amount.
Collateral Pool 1: Fixed-rate home equity mortgage loans secured primarily by one-to-four family residences.
(Supports Certificate
Classes A-1 through A-9,
app. $470,000,000)
Collateral Pool 2: Adjustable-rate home equity mortgage loans secured primarily by one-to-four family residences.
(Supports Certificate
Classes A-10 and A-11,
app. $320,000,000)
Collateral Pool 3: Fixed-rate multi-family mortgage loans, secured by five or
(Support Certificate more unit residential or mixed-use residential and
Class A-12 commercial properties.
app. $10,000,000)
Cross-
Collateralization: Excess spread from each of the three 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).
Servicer: The Money Store Inc.
Servicing Fee: 50 basis points per annum.
Trustee: Bank of New York.
Payment Date: The 15th day of each month or, if such day is not a business day, the next succeeding
business day, beginning on [April 15, 1997].
Payment Delay: 14 days for Certificate Classes A-1 through A-9 and A-12. There will be 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 based on a
30/360 day count. For Certificate Classes A-10 and
A-11, interest will accrue from the 15th day of the
preceeding month until the 14th day of the current
month based on an actual/360 day count. The Class A-10
Certificates will accrue interest from [March 15,
1997]. The Class A-11 Certificates will accrue interest
from the settlement date, [March 31, 1997].
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 25% of the fixed-rate home
equity collateral supporting Certificate Classes A-1
through A-9 will be prefunded. Approximately 25% of the
adjustable-rate home equity collateral supporting
Certificate Classes A-10 and A-11 will be prefunded.
None of the fixed-rate multi-family loan collateral
supporting Certificate Class A-12 is expected to be
prefunded.
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.
</TABLE>
<PAGE>
The Money Store Trust 1997-A
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 CLASS A-12 (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: I. 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 CLASS A-12 (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.
II. Principal payments are applied as follows:
CERTIFICATE CLASSES A-1 THROUGH A-9 (supported by
fixed-rate home equity mortgage loans) 1) to the Class
A-9, an amount equal to the Class A-9 Principal
Distribution Amount (as
described below)
2) to the Class A-1, Class A-2, Class A-3, Class A-4,
Class A-5, Class A-6, Class A-7 and Class A-8
Certificates, sequentially in that order, until each
such class is retired.
The Class A-9 Distribution Amount for any remittance date will be the product
of:
(i) the applicable Class A-9 Principal Percentage (as
described below) and (ii) the Class A-9 Pro Rata
Principal Distribution Amount, where
Class A-9 Principal
Remittance Dates Percentage
---------------- ----------
April 1997 - March 2000 0%
April 2000 - March 2002 45%
April 2002 - March 2003 80%
April 2003 - March 2004 100%
April 2004 and thereafter 140%
CERTIFICATE CLASSES A-10 AND A-11 (supported by
adjustable-rate home equity mortgage loans) 1) 100% to
Class A-10 until Class A-10 is retired; 2) 100% to
Class A-11 until Class A-11 is retired.
CERTIFICATE CLASS A-12 (supported by multi-family
mortgage loans) 1) 100% to Class A-12 until Class A-12
is retired.
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>
The Money Store Trust 1997-A
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: [March 21, 1997]
Settlement Date: [March 31, 1997]
ERISA
Considerations: All of the Certificates will be ERISA eligible.
Taxation: REMIC.
Legal Investment: The Class A-10 and A-11 Certificates will be SMMEA
eligible. The Class A-1 through A-9 and A-12
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.
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>
The Money Store Trust 1997-A
(I) Available Funds information on Certificate A-10 Floating Rate Tranche:
The Class A-10 Certificates are subject to an available funds cap:
Available Funds on A-10 = (Group 2 Collateral Interest -
Service Fee - Ongoing Trust Fees - MBIA cushion -
Interest Paid to A-11)/ (Bond Balance of Classes
A-10) where
Service Fee assumed to be 50bp
Ongoing Trust Fee assumed to be 12bp
MBIA Cushion assumed to be 0 for months 0-12; 50bp thereafter
Interest Coupon on A-11 assumed to be 1M LIBOR + [19.75bp]
A-10 Available
Date Funds Cap
- ------------------------
Apr-97 10.56%
May-97 10.11%
Jun-97 10.18%
Jul-97 10.32%
Aug-97 10.60%
Sep-97 10.85%
Oct-97 11.13%
Nov-97 11.47%
Dec-97 11.62%
Jan-98 11.86%
Feb-98 12.19%
Mar-98 12.41%
Apr-98 11.94%
May-98 12.21%
Jun-98 12.29%
Jul-98 12.38%
Aug-98 12.46%
Sep-98 12.56%
Oct-98 12.65%
Nov-98 12.75%
Dec-98 12.86%
Jan-99 13.03%
Feb-99 13.25%
Mar-99 13.49%
Apr-99 13.66%
May-99 13.81%
Jun-99 13.96%
Jul-99 14.12%
Aug-99 14.29%
Sep-99 14.64%
Oct-99 14.84%
Nov-99 14.94%
Dec-99 15.11%
Jan-00 15.33%
Feb-00 15.57%
Mar-00 15.78%
Apr-00 16.01%
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 BALANCE: $94,300,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $94,300,000.00 BOND A1 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.533 6.540 6.538 6.535 6.531 6.529 6.527
99-24+ 6.503 6.515 6.511 6.507 6.499 6.496 6.493
99-25 6.473 6.489 6.484 6.478 6.468 6.463 6.458
99-25+ 6.443 6.464 6.457 6.449 6.436 6.430 6.423
99-26 6.412 6.439 6.430 6.421 6.404 6.396 6.388
99-26+ 6.382 6.414 6.403 6.392 6.372 6.363 6.354
99-27 6.352 6.388 6.376 6.364 6.341 6.330 6.319
99-27+ 6.322 6.363 6.349 6.335 6.309 6.297 6.284
99-28 6.291 6.338 6.322 6.306 6.277 6.264 6.250
99-28+ 6.261 6.313 6.295 6.278 6.245 6.231 6.215
99-29 6.231 6.288 6.268 6.249 6.214 6.197 6.180
99-29+ 6.201 6.262 6.241 6.221 6.182 6.164 6.146
99-30 6.171 6.237 6.214 6.192 6.150 6.131 6.111
99-30+ 6.140 6.212 6.187 6.163 6.118 6.098 6.076
99-31 6.110 6.187 6.160 6.135 6.087 6.065 6.042
99-31+ 6.080 6.162 6.133 6.106 6.055 6.032 6.007
100-00 6.050 6.137 6.106 6.078 6.023 5.999 5.973
100-00+ 6.020 6.111 6.080 6.049 5.992 5.966 5.938
100-01 5.990 6.086 6.053 6.021 5.960 5.933 5.904
100-01+ 5.960 6.061 6.026 5.992 5.928 5.900 5.869
100-02 5.930 6.036 5.999 5.964 5.897 5.867 5.835
100-02+ 5.900 6.011 5.972 5.935 5.865 5.834 5.800
100-03 5.870 5.986 5.945 5.907 5.834 5.801 5.765
100-03+ 5.839 5.961 5.918 5.878 5.802 5.768 5.731
100-04 5.809 5.936 5.892 5.850 5.770 5.735 5.697
100-04+ 5.779 5.910 5.865 5.821 5.739 5.702 5.662
100-05 5.749 5.885 5.838 5.793 5.707 5.669 5.628
100-05+ 5.719 5.860 5.811 5.764 5.676 5.636 5.593
100-06 5.689 5.835 5.784 5.736 5.644 5.603 5.559
100-06+ 5.659 5.810 5.758 5.708 5.613 5.570 5.524
100-07 5.629 5.785 5.731 5.679 5.581 5.537 5.490
100-07+ 5.599 5.760 5.704 5.651 5.550 5.504 5.456
First Payment 0.042 0.042 0.042 0.042 0.042 0.042 0.042
Average Life 0.543 0.653 0.610 0.574 0.516 0.493 0.471
Last Payment 0.958 1.208 1.125 1.042 0.958 0.875 0.875
Mod.Dur. @ 100-00 0.516 0.618 0.578 0.545 0.491 0.470 0.450
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $63,100,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $63,100,000.00 BOND A2 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.611 6.615 6.613 6.612 6.609 6.608 6.607
99-24+ 6.598 6.604 6.602 6.600 6.596 6.593 6.592
99-25 6.585 6.594 6.591 6.588 6.582 6.579 6.576
99-25+ 6.572 6.584 6.580 6.576 6.568 6.564 6.561
99-26 6.559 6.573 6.568 6.564 6.554 6.549 6.545
99-26+ 6.546 6.563 6.557 6.551 6.540 6.535 6.530
99-27 6.533 6.553 6.546 6.539 6.526 6.520 6.514
99-27+ 6.520 6.543 6.535 6.527 6.513 6.505 6.499
99-28 6.507 6.532 6.524 6.515 6.499 6.491 6.483
99-28+ 6.494 6.522 6.512 6.503 6.485 6.476 6.468
99-29 6.481 6.512 6.501 6.491 6.471 6.461 6.452
99-29+ 6.468 6.501 6.490 6.479 6.457 6.447 6.437
99-30 6.455 6.491 6.479 6.467 6.443 6.432 6.421
99-30+ 6.442 6.481 6.468 6.455 6.430 6.417 6.406
99-31 6.429 6.471 6.456 6.442 6.416 6.402 6.390
99-31+ 6.416 6.460 6.445 6.430 6.402 6.388 6.375
100-00 6.403 6.450 6.434 6.418 6.388 6.373 6.359
100-00+ 6.390 6.440 6.423 6.406 6.374 6.359 6.344
100-01 6.377 6.430 6.412 6.394 6.360 6.344 6.328
100-01+ 6.364 6.419 6.401 6.382 6.347 6.329 6.313
100-02 6.351 6.409 6.389 6.370 6.333 6.315 6.297
100-02+ 6.338 6.399 6.378 6.358 6.319 6.300 6.282
100-03 6.326 6.389 6.367 6.346 6.305 6.285 6.267
100-03+ 6.313 6.378 6.356 6.334 6.292 6.271 6.251
100-04 6.300 6.368 6.345 6.322 6.278 6.256 6.236
100-04+ 6.287 6.358 6.333 6.310 6.264 6.241 6.220
100-05 6.274 6.348 6.322 6.298 6.250 6.227 6.205
100-05+ 6.261 6.337 6.311 6.286 6.236 6.212 6.189
100-06 6.248 6.327 6.300 6.273 6.223 6.197 6.174
100-06+ 6.235 6.317 6.289 6.261 6.209 6.183 6.159
100-07 6.222 6.307 6.278 6.249 6.195 6.168 6.143
100-07+ 6.209 6.296 6.267 6.237 6.181 6.154 6.128
First Payment 0.958 1.208 1.125 1.042 0.958 0.875 0.875
Average Life 1.292 1.650 1.507 1.389 1.208 1.135 1.075
Last Payment 1.625 2.125 1.875 1.792 1.542 1.375 1.292
Mod.Dur. @ 100-00 1.200 1.514 1.389 1.286 1.125 1.060 1.005
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $75,800,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $75,800,000.00 BOND A3 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.723 6.726 6.725 6.724 6.722 6.721 6.720
99-24+ 6.715 6.720 6.718 6.717 6.713 6.712 6.710
99-25 6.707 6.713 6.711 6.709 6.704 6.702 6.700
99-25+ 6.698 6.707 6.704 6.701 6.695 6.692 6.690
99-26 6.690 6.700 6.697 6.693 6.686 6.683 6.680
99-26+ 6.682 6.694 6.690 6.686 6.678 6.673 6.669
99-27 6.673 6.687 6.683 6.678 6.669 6.664 6.659
99-27+ 6.665 6.681 6.676 6.670 6.660 6.654 6.649
99-28 6.657 6.674 6.668 6.663 6.651 6.645 6.639
99-28+ 6.648 6.668 6.661 6.655 6.642 6.635 6.629
99-29 6.640 6.661 6.654 6.647 6.633 6.626 6.619
99-29+ 6.632 6.655 6.647 6.639 6.624 6.616 6.609
99-30 6.623 6.649 6.640 6.632 6.615 6.607 6.599
99-30+ 6.615 6.642 6.633 6.624 6.606 6.597 6.589
99-31 6.607 6.636 6.626 6.616 6.597 6.588 6.578
99-31+ 6.598 6.629 6.619 6.609 6.588 6.578 6.568
100-00 6.590 6.623 6.612 6.601 6.580 6.569 6.558
100-00+ 6.582 6.616 6.605 6.593 6.571 6.559 6.548
100-01 6.574 6.610 6.598 6.586 6.562 6.550 6.538
100-01+ 6.565 6.603 6.590 6.578 6.553 6.540 6.528
100-02 6.557 6.597 6.583 6.570 6.544 6.531 6.518
100-02+ 6.549 6.590 6.576 6.563 6.535 6.521 6.508
100-03 6.540 6.584 6.569 6.555 6.526 6.512 6.498
100-03+ 6.532 6.577 6.562 6.547 6.517 6.503 6.488
100-04 6.524 6.571 6.555 6.540 6.508 6.493 6.478
100-04+ 6.516 6.564 6.548 6.532 6.500 6.484 6.468
100-05 6.507 6.558 6.541 6.524 6.491 6.474 6.457
100-05+ 6.499 6.551 6.534 6.517 6.482 6.465 6.447
100-06 6.491 6.545 6.527 6.509 6.473 6.455 6.437
100-06+ 6.482 6.539 6.520 6.501 6.464 6.446 6.427
100-07 6.474 6.532 6.513 6.494 6.455 6.436 6.417
100-07+ 6.466 6.526 6.506 6.486 6.446 6.427 6.407
First Payment 1.625 2.125 1.875 1.792 1.542 1.375 1.292
Average Life 2.073 2.713 2.458 2.250 1.924 1.795 1.682
Last Payment 2.542 3.375 3.042 2.792 2.375 2.208 2.042
Mod.Dur. @ 100-00 1.873 2.401 2.193 2.021 1.747 1.637 1.540
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $61,100,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $61,100,000.00 BOND A4 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.971 6.974 6.973 6.972 6.970 6.968 6.967
99-24+ 6.965 6.969 6.968 6.966 6.963 6.962 6.960
99-25 6.959 6.965 6.963 6.961 6.957 6.955 6.953
99-25+ 6.953 6.960 6.958 6.956 6.951 6.948 6.946
99-26 6.947 6.956 6.953 6.950 6.944 6.942 6.939
99-26+ 6.942 6.951 6.948 6.945 6.938 6.935 6.932
99-27 6.936 6.947 6.943 6.939 6.932 6.928 6.924
99-27+ 6.930 6.942 6.938 6.934 6.926 6.922 6.917
99-28 6.924 6.938 6.933 6.929 6.919 6.915 6.910
99-28+ 6.918 6.933 6.928 6.923 6.913 6.908 6.903
99-29 6.912 6.929 6.924 6.918 6.907 6.901 6.896
99-29+ 6.907 6.924 6.919 6.913 6.901 6.895 6.889
99-30 6.901 6.920 6.914 6.907 6.894 6.888 6.882
99-30+ 6.895 6.915 6.909 6.902 6.888 6.881 6.874
99-31 6.889 6.911 6.904 6.897 6.882 6.875 6.867
99-31+ 6.883 6.906 6.899 6.891 6.876 6.868 6.860
100-00 6.878 6.902 6.894 6.886 6.869 6.861 6.853
100-00+ 6.872 6.898 6.889 6.880 6.863 6.855 6.846
100-01 6.866 6.893 6.884 6.875 6.857 6.848 6.839
100-01+ 6.860 6.889 6.879 6.870 6.851 6.841 6.832
100-02 6.854 6.884 6.874 6.864 6.844 6.834 6.824
100-02+ 6.849 6.880 6.869 6.859 6.838 6.828 6.817
100-03 6.843 6.875 6.865 6.854 6.832 6.821 6.810
100-03+ 6.837 6.871 6.860 6.848 6.826 6.814 6.803
100-04 6.831 6.866 6.855 6.843 6.819 6.808 6.796
100-04+ 6.825 6.862 6.850 6.838 6.813 6.801 6.789
100-05 6.820 6.857 6.845 6.832 6.807 6.794 6.782
100-05+ 6.814 6.853 6.840 6.827 6.801 6.788 6.775
100-06 6.808 6.848 6.835 6.822 6.794 6.781 6.767
100-06+ 6.802 6.844 6.830 6.816 6.788 6.774 6.760
100-07 6.796 6.839 6.825 6.811 6.782 6.768 6.753
100-07+ 6.791 6.835 6.820 6.806 6.776 6.761 6.746
First Payment 2.542 3.375 3.042 2.792 2.375 2.208 2.042
Average Life 3.073 4.125 3.708 3.361 2.831 2.624 2.447
Last Payment 3.708 4.958 4.458 4.042 3.375 3.125 2.875
Mod.Dur. @ 100-00 2.676 3.469 3.162 2.899 2.486 2.321 2.177
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $31,100,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $31,100,000.00 BOND A5 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.141 7.144 7.143 7.142 7.140 7.139 7.138
99-24+ 7.137 7.141 7.139 7.138 7.135 7.134 7.133
99-25 7.132 7.137 7.136 7.134 7.130 7.129 7.127
99-25+ 7.128 7.134 7.132 7.130 7.126 7.123 7.121
99-26 7.123 7.130 7.128 7.125 7.121 7.118 7.115
99-26+ 7.118 7.127 7.124 7.121 7.116 7.113 7.110
99-27 7.114 7.123 7.120 7.117 7.111 7.107 7.104
99-27+ 7.109 7.119 7.116 7.113 7.106 7.102 7.098
99-28 7.105 7.116 7.112 7.108 7.101 7.097 7.093
99-28+ 7.100 7.112 7.108 7.104 7.096 7.091 7.087
99-29 7.096 7.109 7.104 7.100 7.091 7.086 7.081
99-29+ 7.091 7.105 7.101 7.096 7.086 7.081 7.076
99-30 7.086 7.102 7.097 7.092 7.081 7.076 7.070
99-30+ 7.082 7.098 7.093 7.087 7.076 7.070 7.064
99-31 7.077 7.095 7.089 7.083 7.071 7.065 7.059
99-31+ 7.073 7.091 7.085 7.079 7.066 7.060 7.053
100-00 7.068 7.088 7.081 7.075 7.061 7.054 7.047
100-00+ 7.064 7.084 7.077 7.070 7.056 7.049 7.042
100-01 7.059 7.080 7.073 7.066 7.051 7.044 7.036
100-01+ 7.054 7.077 7.069 7.062 7.047 7.038 7.030
100-02 7.050 7.073 7.066 7.058 7.042 7.033 7.024
100-02+ 7.045 7.070 7.062 7.054 7.037 7.028 7.019
100-03 7.041 7.066 7.058 7.049 7.032 7.023 7.013
100-03+ 7.036 7.063 7.054 7.045 7.027 7.017 7.007
100-04 7.032 7.059 7.050 7.041 7.022 7.012 7.002
100-04+ 7.027 7.056 7.046 7.037 7.017 7.007 6.996
100-05 7.022 7.052 7.042 7.032 7.012 7.001 6.990
100-05+ 7.018 7.049 7.038 7.028 7.007 6.996 6.985
100-06 7.013 7.045 7.035 7.024 7.002 6.991 6.979
100-06+ 7.009 7.042 7.031 7.020 6.997 6.985 6.973
100-07 7.004 7.038 7.027 7.016 6.992 6.980 6.968
100-07+ 7.000 7.034 7.023 7.011 6.987 6.975 6.962
First Payment 3.708 4.958 4.458 4.042 3.375 3.125 2.875
Average Life 4.040 5.468 4.894 4.429 3.703 3.411 3.156
Last Payment 4.458 6.042 5.375 4.875 4.042 3.708 3.458
Mod.Dur. @ 100-00 3.397 4.384 3.999 3.676 3.149 2.929 2.734
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $45,000,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $45,000,000.00 BOND A6 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.297 7.300 7.299 7.298 7.296 7.295 7.294
99-24+ 7.293 7.297 7.296 7.294 7.292 7.291 7.289
99-25 7.289 7.294 7.292 7.291 7.288 7.286 7.285
99-25+ 7.286 7.291 7.289 7.287 7.284 7.282 7.280
99-26 7.282 7.288 7.286 7.284 7.280 7.278 7.275
99-26+ 7.278 7.285 7.283 7.281 7.276 7.273 7.271
99-27 7.274 7.282 7.280 7.277 7.272 7.269 7.266
99-27+ 7.271 7.279 7.277 7.274 7.268 7.265 7.262
99-28 7.267 7.277 7.274 7.270 7.264 7.260 7.257
99-28+ 7.263 7.274 7.270 7.267 7.260 7.256 7.252
99-29 7.260 7.271 7.267 7.263 7.256 7.252 7.248
99-29+ 7.256 7.268 7.264 7.260 7.252 7.247 7.243
99-30 7.252 7.265 7.261 7.257 7.248 7.243 7.239
99-30+ 7.248 7.262 7.258 7.253 7.244 7.239 7.234
99-31 7.245 7.259 7.255 7.250 7.240 7.235 7.229
99-31+ 7.241 7.257 7.252 7.246 7.236 7.230 7.225
100-00 7.237 7.254 7.248 7.243 7.232 7.226 7.220
100-00+ 7.234 7.251 7.245 7.239 7.228 7.222 7.216
100-01 7.230 7.248 7.242 7.236 7.224 7.217 7.211
100-01+ 7.226 7.245 7.239 7.233 7.220 7.213 7.206
100-02 7.222 7.242 7.236 7.229 7.216 7.209 7.202
100-02+ 7.219 7.239 7.233 7.226 7.212 7.204 7.197
100-03 7.215 7.237 7.230 7.222 7.208 7.200 7.193
100-03+ 7.211 7.234 7.226 7.219 7.204 7.196 7.188
100-04 7.208 7.231 7.223 7.215 7.200 7.192 7.183
100-04+ 7.204 7.228 7.220 7.212 7.196 7.187 7.179
100-05 7.200 7.225 7.217 7.209 7.192 7.183 7.174
100-05+ 7.196 7.222 7.214 7.205 7.188 7.179 7.170
100-06 7.193 7.219 7.211 7.202 7.184 7.174 7.165
100-06+ 7.189 7.217 7.208 7.198 7.180 7.170 7.160
100-07 7.185 7.214 7.204 7.195 7.176 7.166 7.156
100-07+ 7.182 7.211 7.201 7.192 7.172 7.161 7.151
First Payment 4.458 6.042 5.375 4.875 4.042 3.708 3.458
Average Life 5.193 7.212 6.402 5.738 4.740 4.356 4.025
Last Payment 6.125 8.625 7.625 6.792 5.542 5.042 4.708
Mod.Dur. @ 100-00 4.179 5.424 4.946 4.533 3.874 3.608 3.372
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $30,600,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $30,600,000.00 BOND A7 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.530 7.532 7.531 7.531 7.529 7.528 7.527
99-24+ 7.527 7.530 7.529 7.528 7.526 7.524 7.523
99-25 7.524 7.527 7.526 7.525 7.522 7.521 7.520
99-25+ 7.521 7.525 7.524 7.523 7.519 7.518 7.516
99-26 7.518 7.523 7.521 7.520 7.516 7.514 7.512
99-26+ 7.515 7.521 7.519 7.517 7.513 7.511 7.509
99-27 7.512 7.518 7.517 7.515 7.510 7.507 7.505
99-27+ 7.509 7.516 7.514 7.512 7.507 7.504 7.501
99-28 7.507 7.514 7.512 7.509 7.504 7.501 7.498
99-28+ 7.504 7.511 7.509 7.506 7.501 7.497 7.494
99-29 7.501 7.509 7.507 7.504 7.497 7.494 7.490
99-29+ 7.498 7.507 7.504 7.501 7.494 7.491 7.487
99-30 7.495 7.505 7.502 7.498 7.491 7.487 7.483
99-30+ 7.492 7.502 7.499 7.496 7.488 7.484 7.479
99-31 7.489 7.500 7.497 7.493 7.485 7.480 7.476
99-31+ 7.486 7.498 7.494 7.490 7.482 7.477 7.472
100-00 7.483 7.495 7.492 7.488 7.479 7.474 7.469
100-00+ 7.480 7.493 7.489 7.485 7.475 7.470 7.465
100-01 7.478 7.491 7.487 7.482 7.472 7.467 7.461
100-01+ 7.475 7.489 7.484 7.480 7.469 7.463 7.458
100-02 7.472 7.486 7.482 7.477 7.466 7.460 7.454
100-02+ 7.469 7.484 7.480 7.474 7.463 7.457 7.450
100-03 7.466 7.482 7.477 7.472 7.460 7.453 7.447
100-03+ 7.463 7.479 7.475 7.469 7.457 7.450 7.443
100-04 7.460 7.477 7.472 7.466 7.454 7.447 7.439
100-04+ 7.457 7.475 7.470 7.464 7.450 7.443 7.436
100-05 7.455 7.473 7.467 7.461 7.447 7.440 7.432
100-05+ 7.452 7.470 7.465 7.459 7.444 7.436 7.429
100-06 7.449 7.468 7.462 7.456 7.441 7.433 7.425
100-06+ 7.446 7.466 7.460 7.453 7.438 7.430 7.421
100-07 7.443 7.463 7.457 7.451 7.435 7.426 7.418
100-07+ 7.440 7.461 7.455 7.448 7.432 7.423 7.414
First Payment 6.125 8.625 7.625 6.792 5.542 5.042 4.708
Average Life 7.201 9.993 8.949 8.021 6.487 5.882 5.369
Last Payment 8.542 11.625 10.458 9.458 7.708 6.958 6.292
Mod.Dur. @ 100-00 5.373 6.799 6.300 5.822 4.960 4.592 4.268
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $32,000,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $32,000,000.00 BOND A8 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.789 7.790 7.790 7.790 7.789 7.788 7.787
99-24+ 7.787 7.789 7.788 7.788 7.786 7.786 7.785
99-25 7.785 7.787 7.786 7.785 7.784 7.783 7.782
99-25+ 7.783 7.785 7.784 7.783 7.782 7.781 7.780
99-26 7.780 7.783 7.782 7.781 7.779 7.778 7.777
99-26+ 7.778 7.781 7.780 7.779 7.777 7.776 7.774
99-27 7.776 7.779 7.778 7.777 7.775 7.773 7.772
99-27+ 7.774 7.777 7.776 7.775 7.773 7.771 7.769
99-28 7.772 7.776 7.775 7.773 7.770 7.769 7.767
99-28+ 7.770 7.774 7.773 7.771 7.768 7.766 7.764
99-29 7.768 7.772 7.771 7.769 7.766 7.764 7.762
99-29+ 7.765 7.770 7.769 7.767 7.764 7.761 7.759
99-30 7.763 7.768 7.767 7.765 7.761 7.759 7.757
99-30+ 7.761 7.766 7.765 7.763 7.759 7.757 7.754
99-31 7.759 7.765 7.763 7.761 7.757 7.754 7.751
99-31+ 7.757 7.763 7.761 7.759 7.754 7.752 7.749
100-00 7.755 7.761 7.759 7.757 7.752 7.749 7.746
100-00+ 7.753 7.759 7.757 7.755 7.750 7.747 7.744
100-01 7.750 7.757 7.755 7.753 7.748 7.745 7.741
100-01+ 7.748 7.755 7.753 7.751 7.745 7.742 7.739
100-02 7.746 7.753 7.751 7.749 7.743 7.740 7.736
100-02+ 7.744 7.752 7.749 7.747 7.741 7.737 7.734
100-03 7.742 7.750 7.747 7.745 7.739 7.735 7.731
100-03+ 7.740 7.748 7.745 7.743 7.736 7.733 7.728
100-04 7.738 7.746 7.744 7.741 7.734 7.730 7.726
100-04+ 7.735 7.744 7.742 7.739 7.732 7.728 7.723
100-05 7.733 7.742 7.740 7.737 7.730 7.725 7.721
100-05+ 7.731 7.741 7.738 7.735 7.727 7.723 7.718
100-06 7.729 7.739 7.736 7.733 7.725 7.721 7.716
100-06+ 7.727 7.737 7.734 7.731 7.723 7.718 7.713
100-07 7.725 7.735 7.732 7.729 7.721 7.716 7.711
100-07+ 7.723 7.733 7.730 7.726 7.718 7.713 7.708
First Payment 8.542 11.625 10.458 9.458 7.708 6.958 6.292
Average Life 11.337 14.607 13.424 12.333 10.422 9.566 8.757
Last Payment 16.958 20.958 19.625 18.208 15.708 14.792 14.125
Mod.Dur. @ 100-00 7.238 8.417 8.024 7.628 6.851 6.464 6.077
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $37,000,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $37,000,000.00 BOND A9 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.304 7.305 7.305 7.304 7.304 7.304 7.304
99-24+ 7.301 7.302 7.302 7.302 7.301 7.301 7.300
99-25 7.298 7.299 7.299 7.299 7.298 7.297 7.297
99-25+ 7.295 7.297 7.296 7.296 7.295 7.294 7.294
99-26 7.292 7.294 7.293 7.293 7.292 7.291 7.291
99-26+ 7.289 7.291 7.290 7.290 7.289 7.288 7.287
99-27 7.286 7.288 7.288 7.287 7.285 7.285 7.284
99-27+ 7.283 7.285 7.285 7.284 7.282 7.282 7.281
99-28 7.280 7.283 7.282 7.281 7.279 7.279 7.278
99-28+ 7.277 7.280 7.279 7.278 7.276 7.275 7.275
99-29 7.274 7.277 7.276 7.275 7.273 7.272 7.271
99-29+ 7.271 7.274 7.273 7.272 7.270 7.269 7.268
99-30 7.268 7.272 7.270 7.269 7.267 7.266 7.265
99-30+ 7.265 7.269 7.268 7.266 7.264 7.263 7.262
99-31 7.262 7.266 7.265 7.263 7.261 7.260 7.258
99-31+ 7.259 7.263 7.262 7.260 7.258 7.257 7.255
100-00 7.256 7.260 7.259 7.257 7.255 7.253 7.252
100-00+ 7.253 7.258 7.256 7.255 7.252 7.250 7.249
100-01 7.250 7.255 7.253 7.252 7.249 7.247 7.246
100-01+ 7.247 7.252 7.250 7.249 7.245 7.244 7.242
100-02 7.244 7.249 7.248 7.246 7.242 7.241 7.239
100-02+ 7.241 7.247 7.245 7.243 7.239 7.238 7.236
100-03 7.238 7.244 7.242 7.240 7.236 7.234 7.233
100-03+ 7.235 7.241 7.239 7.237 7.233 7.231 7.230
100-04 7.232 7.238 7.236 7.234 7.230 7.228 7.226
100-04+ 7.229 7.235 7.233 7.231 7.227 7.225 7.223
100-05 7.226 7.233 7.230 7.228 7.224 7.222 7.220
100-05+ 7.223 7.230 7.228 7.225 7.221 7.219 7.217
100-06 7.220 7.227 7.225 7.222 7.218 7.216 7.214
100-06+ 7.217 7.224 7.222 7.219 7.215 7.213 7.210
100-07 7.214 7.222 7.219 7.217 7.212 7.209 7.207
100-07+ 7.211 7.219 7.216 7.214 7.209 7.206 7.204
First Payment 3.042 3.042 3.042 3.042 3.042 3.042 3.042
Average Life 6.973 7.808 7.496 7.222 6.748 6.544 6.359
Last Payment 16.875 20.958 19.542 18.208 15.708 14.708 14.125
Mod.Dur. @ 100-00 5.168 5.593 5.438 5.299 5.048 4.937 4.834
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $260,000,000.00 DATED DATE: 03/15/97
CURRENT COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $260,000,000.00 BOND A10 DISCOUNT MARGIN ACT/360 TABLE YIELD TABLE DATE: 03/31/97
ASSUMED CONSTANT LIBOR-1M 5.4688
PRICING SPEED
FIX (HEP) 23.0%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/
ARM (CPR) 25.00 19.00 21.00 23.00 27.00 29.00 31.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 26.760 23.509 24.567 25.650 27.900 29.074 30.284
99-24+ 25.896 22.849 23.841 24.856 26.965 28.065 29.199
99-25 25.033 22.190 23.115 24.062 26.030 27.057 28.115
99-25+ 24.169 21.531 22.390 23.268 25.095 26.048 27.030
99-26 23.306 20.872 21.664 22.475 24.160 25.040 25.946
99-26+ 22.444 20.213 20.939 21.682 23.226 24.032 24.863
99-27 21.581 19.554 20.214 20.889 22.292 23.025 23.779
99-27+ 20.719 18.895 19.489 20.096 21.358 22.017 22.696
99-28 19.857 18.237 18.764 19.304 20.425 21.010 21.613
99-28+ 18.995 17.579 18.040 18.511 19.492 20.003 20.530
99-29 18.133 16.920 17.315 17.719 18.559 18.997 19.448
99-29+ 17.272 16.263 16.591 16.927 17.626 17.990 18.366
99-30 16.411 15.605 15.867 16.135 16.693 16.984 17.284
99-30+ 15.550 14.947 15.143 15.344 15.761 15.979 16.203
99-31 14.689 14.290 14.420 14.553 14.829 14.973 15.122
99-31+ 13.828 13.633 13.696 13.762 13.897 13.968 14.041
100-00 12.968 12.976 12.973 12.971 12.965 12.963 12.960
100-00+ 12.108 12.319 12.250 12.180 12.034 11.958 11.880
100-01 11.248 11.662 11.527 11.390 11.103 10.954 10.799
100-01+ 10.389 11.006 10.805 10.599 10.172 9.949 9.720
100-02 9.529 10.349 10.082 9.809 9.242 8.945 8.640
100-02+ 8.670 9.693 9.360 9.019 8.311 7.942 7.561
100-03 7.811 9.037 8.638 8.230 7.381 6.938 6.482
100-03+ 6.952 8.381 7.916 7.440 6.451 5.935 5.403
100-04 6.094 7.726 7.194 6.651 5.522 4.932 4.325
100-04+ 5.236 7.070 6.473 5.862 4.592 3.929 3.247
100-05 4.378 6.415 5.752 5.073 3.663 2.927 2.169
100-05+ 3.520 5.760 5.031 4.285 2.734 1.925 1.091
100-06 2.662 5.105 4.310 3.496 1.805 0.923 0.014
100-06+ 1.805 4.450 3.589 2.708 0.877 -0.079 -1.063
100-07 0.948 3.795 2.868 1.920 -0.051 -1.080 -2.140
100-07+ 0.091 3.141 2.148 1.132 -0.979 -2.081 -3.216
First Payment 0.042 0.042 0.042 0.042 0.042 0.042 0.042
Average Life 1.953 2.633 2.365 2.142 1.791 1.650 1.526
Last Payment 5.458 7.458 6.625 6.042 5.042 4.625 4.292
Mod.Dur. @ 100-00 1.744 2.284 2.075 1.897 1.611 1.493 1.389
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $60,000,000.00 DATED DATE: 03/31/97
CURRENT COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $60,000,000.00 BOND A11 DISCOUNT MARGIN ACT/360 TABLE YIELD TABLE DATE: 03/31/97
ASSUMED CONSTANT LIBOR-1M 5.4688
PRICING SPEED
FIX (HEP) 23.0%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/
ARM (CPR) 25.00 19.00 21.00 23.00 27.00 29.00 31.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 23.460 22.748 22.976 23.214 23.714 23.977 24.249
99-24+ 23.227 22.560 22.774 22.997 23.466 23.713 23.967
99-25 22.995 22.372 22.572 22.780 23.218 23.448 23.685
99-25+ 22.763 22.185 22.370 22.563 22.970 23.184 23.404
99-26 22.531 21.997 22.169 22.347 22.722 22.919 23.123
99-26+ 22.299 21.810 21.967 22.130 22.474 22.655 22.841
99-27 22.067 21.622 21.765 21.913 22.226 22.390 22.560
99-27+ 21.835 21.435 21.563 21.697 21.978 22.126 22.279
99-28 21.603 21.248 21.362 21.480 21.731 21.862 21.998
99-28+ 21.372 21.060 21.160 21.264 21.483 21.598 21.716
99-29 21.140 20.873 20.959 21.048 21.235 21.334 21.435
99-29+ 20.908 20.686 20.757 20.831 20.987 21.070 21.154
99-30 20.676 20.498 20.556 20.615 20.740 20.806 20.873
99-30+ 20.445 20.311 20.354 20.399 20.492 20.542 20.592
99-31 20.213 20.124 20.153 20.182 20.245 20.278 20.312
99-31+ 19.982 19.937 19.951 19.966 19.997 20.014 20.031
100-00 19.750 19.750 19.750 19.750 19.750 19.750 19.750
100-00+ 19.519 19.563 19.549 19.534 19.503 19.486 19.469
100-01 19.287 19.376 19.347 19.318 19.255 19.223 19.189
100-01+ 19.056 19.189 19.146 19.102 19.008 18.959 18.908
100-02 18.824 19.002 18.945 18.886 18.761 18.695 18.628
100-02+ 18.593 18.815 18.744 18.670 18.514 18.432 18.347
100-03 18.362 18.628 18.543 18.454 18.267 18.168 18.067
100-03+ 18.131 18.442 18.342 18.238 18.020 17.905 17.786
100-04 17.900 18.255 18.141 18.022 17.773 17.641 17.506
100-04+ 17.668 18.068 17.940 17.807 17.526 17.378 17.226
100-05 17.437 17.881 17.739 17.591 17.279 17.115 16.945
100-05+ 17.206 17.695 17.538 17.375 17.032 16.851 16.665
100-06 16.975 17.508 17.337 17.160 16.785 16.588 16.385
100-06+ 16.745 17.322 17.136 16.944 16.538 16.325 16.105
100-07 16.514 17.135 16.936 16.728 16.291 16.062 15.825
100-07+ 16.283 16.949 16.735 16.513 16.045 15.799 15.545
First Payment 5.458 7.458 6.625 6.042 5.042 4.625 4.292
Average Life 8.600 11.501 10.375 9.419 7.891 7.273 6.730
Last Payment 17.542 22.625 20.792 19.125 16.208 14.958 13.875
Mod.Dur. @ 100-00 6.496 8.039 7.470 6.957 6.079 5.700 5.356
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $10,000,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $10,000,000.00 BOND A12 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR 4.00 6.00 8.00 12.00 14.00 16.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.589 7.590 7.588 7.586 7.581 7.579 7.577
99-24+ 7.585 7.587 7.584 7.582 7.576 7.573 7.570
99-25 7.582 7.584 7.581 7.577 7.571 7.567 7.564
99-25+ 7.578 7.581 7.577 7.573 7.565 7.562 7.558
99-26 7.575 7.577 7.573 7.569 7.560 7.556 7.551
99-26+ 7.571 7.574 7.570 7.565 7.555 7.550 7.545
99-27 7.567 7.571 7.566 7.561 7.550 7.544 7.538
99-27+ 7.564 7.568 7.562 7.556 7.544 7.538 7.532
99-28 7.560 7.565 7.559 7.552 7.539 7.532 7.525
99-28+ 7.557 7.562 7.555 7.548 7.534 7.526 7.519
99-29 7.553 7.559 7.551 7.544 7.528 7.520 7.513
99-29+ 7.550 7.555 7.548 7.539 7.523 7.515 7.506
99-30 7.546 7.552 7.544 7.535 7.518 7.509 7.500
99-30+ 7.543 7.549 7.540 7.531 7.512 7.503 7.493
99-31 7.539 7.546 7.536 7.527 7.507 7.497 7.487
99-31+ 7.536 7.543 7.533 7.523 7.502 7.491 7.480
100-00 7.532 7.540 7.529 7.518 7.497 7.485 7.474
100-00+ 7.529 7.537 7.525 7.514 7.491 7.480 7.468
100-01 7.525 7.533 7.522 7.510 7.486 7.474 7.461
100-01+ 7.522 7.530 7.518 7.506 7.481 7.468 7.455
100-02 7.518 7.527 7.515 7.502 7.475 7.462 7.448
100-02+ 7.515 7.524 7.511 7.497 7.470 7.456 7.442
100-03 7.511 7.521 7.507 7.493 7.465 7.450 7.436
100-03+ 7.508 7.518 7.504 7.489 7.460 7.445 7.429
100-04 7.504 7.515 7.500 7.485 7.454 7.439 7.423
100-04+ 7.501 7.512 7.496 7.481 7.449 7.433 7.416
100-05 7.497 7.508 7.493 7.477 7.444 7.427 7.410
100-05+ 7.494 7.505 7.489 7.472 7.439 7.421 7.404
100-06 7.490 7.502 7.485 7.468 7.433 7.415 7.397
100-06+ 7.487 7.499 7.482 7.464 7.428 7.410 7.391
100-07 7.483 7.496 7.478 7.460 7.423 7.404 7.385
100-07+ 7.480 7.493 7.474 7.456 7.418 7.398 7.378
First Payment 0.042 0.042 0.042 0.042 0.042 0.042 0.042
Average Life 6.822 8.572 6.944 5.779 4.238 3.709 3.284
Last Payment 27.875 28.292 28.208 27.958 27.042 26.042 24.625
Mod.Dur. @ 100-00 4.429 4.947 4.238 3.700 2.937 2.657 2.422
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.
</TABLE>
<PAGE>
- ----------------------------------------------------------------------------
- MONEY STORE 1997-1 - Cut Off Date of Tape is 3/1/97 - FIXED RATE
COLLATERAL
- $211,346,387.19
- -------------------------------------------------------------------------------
Number of Mortgage Loans: 5,047
Lien Status: First and Second Lien Loans
Aggregate Unpaid Principal Balance: $211,346,387.19
Aggregate Original Principal Balance: $212,309,201.60
Weighted Average Gross Coupon: 11.704%
Gross Coupon Range: 8.890% - 17.990%
- ------------------------------------------------------------------------------
Average Unpaid Principal Balance: $41,875.65
Average Original Principal Balance: $42,066.42
Maximum Unpaid Principal Balance: $455,000.00
Minimum Unpaid Principal Balance: $3,273.26
Maximum Original Principal Balance: $455,000.00
Minimum Original Principal Balance: $5,000.00
Weighted Avg. Stated Rem. Term (PTD to Mat/Bln Date): 251.572
Stated Rem Term Range: 14.000 - 360.000
Weighted Average Age (First Pay thru Paid Thru Date): 2.237
Age Range: 0.000 - 106.000
Weighted Average Original Term (to Mat/Bln Date): 253.809
Original Term Range: 30.000 - 360.000
Weighted Average Combined LTV: 72.157
Combined LTV Range: 4.230% - 100.000%
Weighted Average Debt to Income Ratio: 35.616
Debt to Income Ratio Range: 5.410 - 86.280
- ------------------------------------------------------------------------------
MAX ZIP CODE CONCENTRATION: 0.35% zip code = 07712 state = NJ
LATEST MATURITY DATE: 04/01/27
EARLIEST FIRST PAYMENT DATE: 06/10/88
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 Total
Gross # % Rem WA Orig Balance Current
Coupon Loan Pool WAC Term Age CLTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
8.75% * Gross Coupon *= 9.00% 20 .82 8.987 319.10 3.31 80.94 $360,000 $1,736,496.37
9.00% * Gross Coupon *= 9.25% 17 .73 9.233 315.47 1.16 73.71 $215,700 $1,540,796.92
9.25% * Gross Coupon *= 9.50% 35 1.41 9.495 308.24 1.20 74.07 $240,000 $2,971,702.59
9.50% * Gross Coupon *= 9.75% 51 1.64 9.723 265.48 1.30 71.78 $325,000 $3,463,511.12
9.75% * Gross Coupon *= 10.00% 157 5.84 9.967 309.33 1.54 72.93 $455,000 $12,349,840.30
10.00% * Gross Coupon *= 10.25% 55 1.73 10.218 294.14 1.31 74.05 $214,000 $3,659,352.35
10.25% * Gross Coupon *= 10.50% 218 6.60 10.451 288.67 1.34 72.40 $335,210 $13,944,544.52
10.50% * Gross Coupon *= 10.75% 247 7.26 10.680 266.14 1.48 73.13 $247,500 $15,347,075.76
10.75% * Gross Coupon *= 11.00% 486 12.74 10.950 281.78 1.27 72.13 $272,000 $26,915,263.69
11.00% * Gross Coupon *= 11.25% 176 3.76 11.194 258.81 1.69 71.54 $243,000 $7,948,623.84
11.25% * Gross Coupon *= 11.50% 360 7.59 11.457 271.00 1.36 72.12 $245,000 $16,036,007.75
11.50% * Gross Coupon *= 11.75% 279 5.06 11.696 240.69 1.43 73.30 $288,000 $10,700,927.10
11.75% * Gross Coupon *= 12.00% 572 10.37 11.953 227.35 1.40 72.35 $264,000 $21,926,392.50
12.00% * Gross Coupon *= 12.25% 279 4.84 12.188 229.23 1.49 71.39 $339,300 $10,229,076.50
12.25% * Gross Coupon *= 12.50% 349 5.22 12.450 226.11 1.67 71.66 $185,000 $11,022,698.06
12.50% * Gross Coupon *= 12.75% 192 2.98 12.685 232.93 1.75 72.02 $142,800 $6,288,256.01
12.75% * Gross Coupon *= 13.00% 378 6.19 12.948 214.01 1.69 73.22 $161,200 $13,074,239.87
13.00% * Gross Coupon *= 13.25% 225 3.01 13.185 221.44 1.84 71.56 $165,000 $6,359,076.67
13.25% * Gross Coupon *= 13.50% 251 3.33 13.446 201.70 2.80 71.57 $136,500 $7,042,499.79
13.50% * Gross Coupon *= 13.75% 188 2.73 13.701 224.96 2.34 72.94 $105,750 $5,771,638.24
13.75% * Gross Coupon *= 14.00% 201 2.31 13.949 196.17 6.68 68.76 $178,500 $4,888,568.84
14.00% * Gross Coupon *= 14.25% 54 .54 14.209 182.35 3.74 66.43 $45,600 $1,130,869.87
14.25% * Gross Coupon *= 14.50% 88 1.11 14.457 190.93 14.57 64.88 $109,900 $2,344,924.40
14.50% * Gross Coupon *= 14.75% 43 .53 14.687 204.86 17.83 63.46 $75,000 $1,117,768.45
14.75% * Gross Coupon *= 15.00% 79 1.01 14.967 193.85 14.43 66.16 $331,100 $2,144,064.01
15.00% * Gross Coupon *= 15.25% 15 .26 15.167 225.94 22.76 69.83 $124,000 $556,972.34
15.25% * Gross Coupon *= 15.50% 6 .07 15.474 161.31 46.57 61.95 $45,000 $137,982.99
15.50% * Gross Coupon *= 15.75% 7 .14 15.728 206.39 3.88 81.48 $85,500 $292,658.62
15.75% * Gross Coupon *= 16.00% 6 .06 15.959 123.66 45.04 69.66 $66,000 $126,674.42
16.50% * Gross Coupon *= 16.75% 2 .03 16.740 150.84 3.43 71.43 $39,711 $69,435.85
16.75% * Gross Coupon *= 17.00% 9 .09 16.996 92.53 85.87 72.64 $44,000 $189,684.21
17.50% * Gross Coupon *= 17.75% 1 .00 17.750 29.00 91.00 66.54 $10,700 $5,592.64
17.75% * Gross Coupon *= 18.00% 1 .01 17.990 177.00 3.00 55.00 $13,200 $13,170.60
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
ORIGINAL MATURITY
(Balloon Loans Shown to Balloon Maturity)
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Original # % Rem WA Orig Loan Current
Maturity Loan Pool WAC Term Age CLTV Amount Balance
20 * Original Maturity *= 30 1 .02 11.250 28.00 2.00 31.50 $33,000 $32,038.10
30 * Original Maturity *= 40 5 .04 11.750 33.96 2.04 59.50 $31,300 $74,647.90
40 * Original Maturity *= 50 7 .05 11.591 45.56 .89 65.01 $28,000 $108,580.02
50 * Original Maturity *= 60 216 1.23 12.516 58.68 1.32 59.85 $35,000 $2,604,783.62
70 * Original Maturity *= 80 28 .21 12.194 71.35 1.13 59.08 $44,700 $439,062.54
80 * Original Maturity *= 90 74 .61 12.343 82.30 1.73 64.10 $63,000 $1,287,220.43
90 * Original Maturity *= 100 17 .17 11.868 94.85 1.15 64.86 $48,000 $355,098.38
100 * Original Maturity *= 110 4 .04 12.081 106.98 1.02 64.26 $29,100 $85,713.50
110 * Original Maturity *= 120 749 7.12 12.353 118.25 1.75 67.84 $187,000 $15,044,487.86
130 * Original Maturity *= 140 4 .07 11.423 131.10 .90 65.99 $54,400 $148,768.55
140 * Original Maturity *= 150 14 .16 11.796 137.58 6.34 59.03 $44,300 $347,815.36
150 * Original Maturity *= 160 2 .02 11.894 154.40 1.60 76.35 $30,000 $50,000.00
170 * Original Maturity *= 180 2,127 39.41 12.010 176.50 3.50 72.33 $331,100 $83,291,340.49
200 * Original Maturity *= 210 1 .01 9.900 203.00 1.00 36.63 $30,000 $30,000.00
210 * Original Maturity *= 220 1 .01 13.400 215.00 1.00 69.92 $31,000 $31,000.00
230 * Original Maturity *= 240 326 6.53 11.667 238.66 1.32 70.96 $204,000 $13,791,030.24
250 * Original Maturity *= 260 1 .01 10.500 250.00 2.00 59.01 $20,300 $20,255.06
260 * Original Maturity *= 270 1 .04 11.250 263.00 1.00 75.02 $78,500 $78,431.51
290 * Original Maturity *= 300 242 4.73 12.308 298.87 1.13 71.42 $165,000 $9,992,429.35
350 * Original Maturity *= 360 1,227 39.52 11.179 358.61 1.39 73.77 $455,000 $83,533,684.28
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
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.
REMAINING TERM
(Calculated From the Scheduled Balance Date)
(Balloon Loans Shown to Balloon Maturity)
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Remaining Term Loan Pool WAC Term Age CLTV Amount Balance
12 * Rem Term *= 24 4 .01 14.620 20.32 99.68 71.84 $23,000 $18,106.58
24 * Rem Term *= 36 13 .08 12.827 30.83 34.75 50.48 $35,000 $168,193.51
36 * Rem Term *= 48 7 .05 11.591 45.56 .89 65.01 $28,000 $108,580.02
48 * Rem Term *= 60 218 1.24 12.525 58.63 1.98 59.82 $35,000 $2,623,578.41
60 * Rem Term *= 72 29 .21 12.308 70.55 2.17 57.32 $44,700 $439,220.45
72 * Rem Term *= 84 80 .71 12.720 82.53 15.85 66.41 $75,000 $1,506,823.06
84 * Rem Term *= 96 61 .80 14.213 89.03 73.04 66.88 $124,000 $1,698,274.36
96 * Rem Term *= 108 7 .06 12.523 105.76 6.15 63.84 $29,100 $127,064.33
108 * Rem Term *= 120 735 7.06 12.337 118.78 1.22 67.93 $187,000 $14,923,522.94
120 * Rem Term *= 132 4 .07 11.423 131.10 .90 65.99 $54,400 $148,768.55
132 * Rem Term *= 144 12 .16 11.683 142.50 1.41 59.21 $44,300 $329,020.57
144 * Rem Term *= 156 2 .02 11.894 154.40 1.60 76.35 $30,000 $50,000.00
156 * Rem Term *= 168 11 .21 11.388 163.86 16.14 75.73 $139,950 $441,611.43
168 * Rem Term *= 180 2,065 38.46 11.958 178.30 1.70 72.38 $331,100 $81,286,792.54
192 * Rem Term *= 204 1 .01 9.900 203.00 1.00 36.63 $30,000 $30,000.00
204 * Rem Term *= 216 1 .01 13.400 215.00 1.00 69.92 $31,000 $31,000.00
228 * Rem Term *= 240 326 6.53 11.667 238.66 1.32 70.96 $204,000 $13,791,030.24
240 * Rem Term *= 252 1 .01 10.500 250.00 2.00 59.01 $20,300 $20,255.06
252 * Rem Term *= 264 1 .04 11.250 263.00 1.00 75.02 $78,500 $78,431.51
276 * Rem Term *= 288 1 .01 13.250 283.00 17.00 81.03 $24,300 $24,021.35
288 * Rem Term *= 300 241 4.72 12.305 298.91 1.09 71.40 $165,000 $9,968,408.00
324 * Rem Term *= 336 1 .05 9.900 329.00 31.00 74.07 $100,000 $98,758.43
336 * Rem Term *= 348 3 .13 10.668 343.96 16.04 89.06 $185,220 $273,693.07
348 * Rem Term *= 360 1,223 39.35 11.182 358.69 1.31 73.72 $455,000 $83,161,232.78
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
LOAN AGE IN MONTHS
(Calculated From the Scheduled Balance Date)
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Age of Loan Loan Pool WAC Term Age CLTV Amount Balance
0 = Age 812 16.26 11.423 268.52 .00 70.77 $455,000 $34,354,669.22
0 * Age *= 12 4,153 82.64 11.732 249.91 1.74 72.44 $360,000 $174,653,249.66
12 * Age *= 24 17 .27 11.374 215.73 17.96 80.28 $185,220 $578,364.48
24 * Age *= 36 1 .05 9.900 329.00 31.00 74.07 $100,000 $98,758.43
84 * Age *= 96 57 .71 14.840 84.23 92.68 67.05 $124,000 $1,505,363.61
96 * Age *= 108 7 .07 15.124 76.16 98.71 75.56 $75,000 $155,981.79
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
ORIGINATION YEAR
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Year of # % Rem WA Orig Loan Current
Origination Loan Pool WAC Term Age CLTV Amount Balance
1988 4 .05 15.203 77.88 99.29 75.29 $75,000 $114,449.75
1989 60 .73 14.842 83.88 92.80 67.30 $124,000 $1,546,895.65
1994 1 .05 9.900 329.00 31.00 74.07 $100,000 $98,758.43
1995 14 .24 11.063 225.44 18.70 82.21 $185,220 $500,616.10
1996 1,040 23.87 11.963 236.16 3.14 74.07 $360,000 $50,449,119.49
1997 3,928 75.06 11.592 258.27 .93 71.56 $455,000 $158,636,547.77
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
</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.
<TABLE>
<CAPTION>
SCHEDULED PAID THRU DATE
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Scheduled WA WA Max. Orig Total
Pay Thru # % Rem WA Orig Loan Current
Date Loan Pool WAC Term Age CLTV Amount Balance
03/01/97 5,044 99.94 11.705 251.53 2.24 72.15 $455,000 $211,220,987.19
04/01/97 3 .06 10.850 318.85 .00 81.08 $63,900 $125,400.00
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
COMBINED LTV RANGE
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
CLTV # % Rem WA Orig Loan Current
RANGE Loan Pool WAC Term Age CLTV Amount Balance
0.000 * CLTV *= 5.000 3 .01 11.574 87.22 .75 4.39 $13,100 $28,100.00
5.000 * CLTV *= 10.000 11 .07 11.729 109.82 1.39 9.00 $42,300 $155,190.02
10.000 * CLTV *= 15.000 29 .19 11.760 170.92 6.91 12.56 $31,000 $410,665.29
15.000 * CLTV *= 20.000 48 .43 11.722 190.64 3.52 17.07 $55,000 $907,167.16
20.000 * CLTV *= 25.000 69 .81 11.978 196.03 2.56 22.59 $90,000 $1,715,857.18
25.000 * CLTV *= 30.000 74 .86 12.057 191.31 1.81 27.98 $61,500 $1,824,675.90
30.000 * CLTV *= 35.000 82 .97 11.997 196.29 5.01 32.47 $77,000 $2,042,850.40
35.000 * CLTV *= 40.000 105 1.82 11.821 219.84 2.06 37.65 $200,000 $3,841,962.45
40.000 * CLTV *= 45.000 99 1.47 11.883 208.81 2.03 42.86 $88,600 $3,116,842.65
45.000 * CLTV *= 50.000 161 2.67 11.735 237.80 1.31 47.92 $130,000 $5,632,913.22
50.000 * CLTV *= 55.000 156 2.84 11.822 249.20 2.00 52.76 $120,000 $5,999,317.93
55.000 * CLTV *= 60.000 206 3.60 11.841 246.23 1.85 57.91 $168,000 $7,599,206.53
60.000 * CLTV *= 65.000 357 7.06 12.095 259.10 2.30 63.35 $253,801 $14,913,125.56
65.000 * CLTV *= 70.000 551 11.18 11.874 250.60 2.30 68.63 $455,000 $23,638,093.28
70.000 * CLTV *= 75.000 587 12.97 11.800 257.70 3.22 73.40 $247,500 $27,416,247.16
75.000 * CLTV *= 80.000 1,497 32.68 11.378 266.02 2.13 79.21 $360,000 $69,066,746.30
80.000 * CLTV *= 85.000 441 8.94 11.628 236.58 1.76 82.19 $255,000 $18,893,095.83
85.000 * CLTV *= 90.000 494 10.20 11.986 246.76 1.68 89.30 $339,300 $21,557,144.22
90.000 * CLTV *= 95.000 69 1.00 12.194 216.56 1.67 90.83 $166,307 $2,103,923.50
95.000 * CLTV *= 100.000 8 .23 11.126 305.09 8.91 99.27 $185,220 $483,262.61
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
ORIGINAL MORTGAGE AMOUNT
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Original # % Rem WA Orig Loan Current
Mortgage Amt. Loan Pool WAC Term Age CLTV Amount Balance
0 * Balance *= 25,000 1,881 14.69 12.644 163.19 2.24 67.83 $25,000 $31,046,768.54
25,000 * Balance *= 50,000 1,811 30.86 12.018 229.10 2.43 69.07 $50,000 $65,231,131.82
50,000 * Balance *= 75,000 746 21.39 11.554 278.88 2.20 73.31 $75,000 $45,203,985.34
75,000 * Balance *= 100,000 313 12.78 11.260 287.05 2.29 74.62 $100,000 $27,004,034.53
100,000 * Balance *= 150,000 209 11.79 11.153 297.40 2.02 76.89 $150,000 $24,924,553.55
150,000 * Balance *= 207,000 54 4.48 10.799 300.75 1.93 76.60 $206,500 $9,462,238.16
207,000 * Balance *= 250,000 22 2.36 10.495 300.46 1.14 79.25 $247,500 $4,998,107.71
250,000 * Balance *= 300,000 5 .63 11.058 250.77 2.37 80.08 $288,000 $1,332,192.43
300,000 * Balance *= 350,000 4 .63 11.780 313.68 1.52 79.13 $339,300 $1,330,325.44
350,000 * Balance *= 400,000 1 .17 9.000 349.00 11.00 80.00 $360,000 $358,049.67
450,000 * Balance *= 500,000 1 .22 9.990 360.00 .00 70.00 $455,000 $455,000.00
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
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.
CURRENT MORTGAGE AMOUNT
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Current # % Rem WA Orig Loan Current
Mortgage Amt. Loan Pool WAC Term Age CLTV Amount Balance
0 * Balance *= 25,000 1,896 14.84 12.656 162.53 2.81 67.76 $57,500 $31,361,126.90
25,000 * Balance *= 50,000 1,800 30.78 12.014 229.42 2.35 69.10 $60,000 $65,057,774.84
50,000 * Balance *= 75,000 745 21.41 11.558 278.64 2.32 73.34 $90,000 $45,259,628.71
75,000 * Balance *= 100,000 311 12.73 11.252 287.80 1.95 74.65 $124,000 $26,903,139.07
100,000 * Balance *= 150,000 208 11.75 11.137 298.21 1.67 76.88 $150,000 $24,828,804.26
150,000 * Balance *= 200,000 50 4.09 10.838 302.58 1.76 76.70 $200,000 $8,642,427.77
200,000 * Balance *= 250,000 26 2.75 10.482 297.78 1.50 78.73 $247,500 $5,817,918.10
250,000 * Balance *= 300,000 5 .63 11.058 250.77 2.37 80.08 $288,000 $1,332,192.43
300,000 * Balance *= 350,000 4 .63 11.780 313.68 1.52 79.13 $339,300 $1,330,325.44
350,000 * Balance *= 400,000 1 .17 9.000 349.00 11.00 80.00 $360,000 $358,049.67
450,000 * Balance *= 500,000 1 .22 9.990 360.00 .00 70.00 $455,000 $455,000.00
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
GEOGRAPHIC DISTRIBUTION
---------------------------------------------------------------------------------------------------------------------------------
WA WA Min. Curr Max. Curr Total Avg.
# % Rem WA MIN MAX Orig Loan Loan Current Curr
State Loans Pool WAC Term Age AGE AGE CLTV Amount Amount Balance Bal
AZ 95 1.62 11.658 252.78 1.16 .00 5.00 70.58 $7,261 $121,200 $3,427,247 $36,076
CA 271 6.92 11.521 291.85 2.34 .00 93.00 70.88 $6,000 $243,750 $14,623,921 $53,963
CO 106 2.01 11.717 256.42 1.74 .00 11.00 69.59 $8,500 $325,000 $4,243,897 $40,037
CT 46 .92 11.830 244.48 7.99 .00 96.00 64.17 $7,967 $184,000 $1,946,775 $42,321
DC 11 .34 11.636 300.27 1.19 .00 2.00 74.58 $20,200 $159,954 $724,422 $65,857
DE 36 .75 11.095 198.34 1.28 .00 9.00 70.08 $10,724 $121,699 $1,583,652 $43,990
FL 252 4.66 11.669 269.89 2.80 .00 99.00 74.66 $5,000 $287,913 $9,852,837 $39,099
GA 127 2.07 11.976 230.12 1.55 .00 19.00 73.44 $5,947 $185,776 $4,379,788 $34,487
IA 32 .39 12.421 202.78 .78 .00 2.00 69.71 $8,500 $53,184 $827,065 $25,846
ID 81 1.57 11.734 301.42 1.08 .00 4.00 72.81 $7,700 $235,000 $3,322,887 $41,023
IL 257 5.57 11.630 286.61 1.37 .00 8.00 72.98 $6,000 $455,000 $11,777,185 $45,826
IN 243 4.44 11.341 264.50 1.38 .00 6.00 73.84 $4,872 $203,764 $9,373,667 $38,575
KS 74 1.22 12.003 267.17 1.17 .00 5.00 74.95 $5,700 $126,800 $2,588,901 $34,985
KY 83 1.50 11.545 248.32 1.99 .00 93.00 71.98 $5,500 $130,500 $3,172,225 $38,220
LA 15 .50 10.947 306.20 9.85 3.00 11.00 75.01 $20,135 $358,050 $1,049,743 $69,983
MA 68 1.81 11.771 212.79 2.52 .00 93.00 70.61 $6,565 $247,407 $3,817,604 $56,141
MD 86 1.49 11.844 219.38 3.79 .00 92.00 71.30 $5,897 $149,500 $3,153,284 $36,666
ME 57 1.00 12.039 239.67 4.52 .00 92.00 66.83 $5,000 $155,250 $2,103,045 $36,896
MI 269 4.43 12.025 231.90 1.99 .00 91.00 74.22 $4,935 $339,015 $9,361,581 $34,801
MN 73 1.24 11.890 263.92 1.34 .00 6.00 72.69 $6,200 $127,785 $2,620,115 $35,892
MO 203 3.24 12.081 237.11 1.17 .00 5.00 71.41 $5,600 $172,000 $6,850,005 $33,744
MS 41 .63 12.358 200.28 5.91 1.00 21.00 73.35 $9,705 $75,883 $1,329,224 $32,420
MT 1 .01 13.550 359.00 1.00 1.00 1.00 75.00 $15,750 $15,750 $15,750 $15,750
NC 188 4.84 12.430 213.88 2.28 .00 12.00 76.91 $5,800 $331,100 $10,220,937 $54,367
ND 5 .05 13.638 241.03 1.12 .00 2.00 74.19 $5,894 $50,400 $104,993 $20,999
NE 25 .37 11.553 201.97 .68 .00 2.00 64.22 $7,907 $110,351 $789,430 $31,577
NH 29 .45 11.901 195.58 4.89 .00 92.00 68.74 $5,924 $148,460 $960,362 $33,116
NJ 257 6.86 11.659 234.51 4.45 .00 98.00 70.65 $4,679 $335,210 $14,491,561 $56,387
NM 91 2.03 11.560 270.83 1.10 .00 6.00 71.36 $6,235 $195,000 $4,288,617 $47,128
NV 53 1.20 11.142 283.19 1.45 .00 9.00 70.15 $6,000 $191,914 $2,537,384 $47,875
NY 309 7.14 11.350 250.66 4.32 .00 106.00 67.85 $5,400 $240,000 $15,079,566 $48,801
OH 288 5.36 11.538 261.71 1.11 .00 6.00 73.35 $5,491 $200,000 $11,320,984 $39,309
OK 57 .78 11.865 230.88 1.10 .00 5.00 71.37 $6,500 $91,166 $1,638,804 $28,751
OR 74 1.69 11.325 259.51 1.46 .00 8.00 69.15 $10,799 $206,500 $3,564,909 $48,174
PA 330 5.60 11.893 237.41 1.18 .00 92.00 73.42 $5,000 $243,000 $11,843,028 $35,888
RI 26 .45 11.514 193.93 1.33 .00 97.00 69.64 $3,273 $125,000 $942,141 $36,236
SC 135 2.97 11.911 213.49 2.28 .00 13.00 78.01 $5,012 $263,844 $6,284,721 $46,553
SD 6 .09 12.276 267.17 2.04 .00 14.00 69.16 $9,580 $64,931 $196,270 $32,712
TN 104 1.61 11.805 202.44 1.40 .00 6.00 72.32 $5,954 $100,000 $3,397,282 $32,666
TX 56 1.25 11.917 265.61 1.43 .00 4.00 72.65 $7,222 $129,200 $2,645,340 $47,238
UT 71 1.25 11.718 230.61 1.07 .00 3.00 70.20 $6,917 $272,000 $2,646,708 $37,278
VA 53 .83 11.834 235.04 1.48 .00 92.00 70.09 $8,100 $99,374 $1,752,743 $33,071
VT 10 .20 10.621 228.44 1.40 1.00 2.00 75.13 $9,700 $126,832 $412,569 $41,257
WA 264 5.28 11.469 282.34 1.63 .00 31.00 71.75 $5,000 $208,697 $11,163,306 $42,285
WI 79 1.25 11.702 255.55 1.13 .00 5.00 74.15 $6,000 $129,600 $2,644,762 $33,478
WV 1 .02 16.740 177.00 3.00 3.00 3.00 75.00 $39,660 $39,660 $39,660 $39,660
WY 9 .11 11.841 282.14 .79 .00 2.00 71.22 $6,100 $45,600 $235,490 $26,166
- ---------------------------------------------------------------------------------------------------------------------------------
Total.. 5,047 100.00%11.704 251.57 2.24 .00 106.00 72.16 $3,273 $455,000 $211,346,387 $41,876
=================================================================================================================================
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.
PROPERTY-TYPE
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age CLTV Amount Balance
Single Family Detached 4,440 86.56 11.703 252.67 2.15 72.31 $455,000 $182,950,929.46
Single Family Attached 62 1.23 11.384 284.94 1.56 67.65 $184,000 $2,607,396.22
2 Family 194 4.21 11.584 254.47 3.20 70.15 $186,870 $8,906,510.99
3-4 Family 71 2.36 11.645 222.50 4.56 69.82 $243,750 $4,988,330.50
PUD 8 .21 11.753 217.39 1.61 84.00 $126,000 $438,997.98
Townhouses 26 .40 12.453 201.15 1.96 71.90 $93,000 $835,822.83
Other 246 5.02 11.874 241.10 2.03 72.90 $224,000 $10,618,399.21
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
OCCUPANCY
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age CLTV Amount Balance
Owner Occ. 4,748 93.67 11.705 252.22 2.25 72.70 $455,000 $197,959,742.73
Investor 263 5.69 11.707 241.85 2.22 64.25 $243,750 $12,034,784.61
Vacation/Second Home 36 .64 11.510 242.55 1.14 62.53 $247,500 $1,351,859.85
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
DOCUMENTATION LEVEL
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age CLTV Amount Balance
Full Documentation 5,047 100.00 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
LOAN-PURPOSE
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Principal Current
Loan Pool WAC Term Age CLTV Balance Balance
Purchase 198 7.64 11.641 247.63 2.30 81.83 $339,300 $16,140,707.37
Refinance/No ETO 2,197 59.29 11.429 278.50 2.11 73.36 $455,000 $125,301,983.24
Refinance/ETO 903 10.99 12.228 212.15 3.17 61.69 $245,000 $23,234,016.83
Construction 1 .01 11.500 119.00 1.00 66.90 $19,000 $19,000.00
Home Improvement 4 .04 13.478 168.72 2.12 58.18 $35,000 $88,560.37
Debt Consolidation 1,744 22.03 12.203 200.36 2.09 70.81 $187,000 $46,562,119.38
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
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.
BALLOON LOANS
- ------------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
BALLOON CODE Loan Pool WAC Term Age CLTV Amount Balance
NO 4,736 88.85 11.669 260.87 2.20 71.41 $455,000 $187,775,137.21
YES 311 11.15 11.985 177.47 2.53 78.14 $331,100 $23,571,249.98
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
* BALLOON LOANS AMORTIZE IN 360 MONTHS AND BALLOON IN 180 MONTHS (1 LOAN AMOR. 240/BALLOON 180).
LIEN STATUS
- ------------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total Total
# % Rem WA Orig Loan Current Original
Lien Status Loan Pool WAC Term Age CLTV Amount Balance Balance
1 2,985 75.51 11.448 271.58 1.77 71.39 $455,000 $159,582,912.12 $159,880,929.39
2 2,062 24.49 12.495 189.88 3.67 74.54 $245,000 $51,763,475.07 $52,428,272.21
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19 $212,309,201.60
===================================================================================================================
LOAN GRADE
- --------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Grade Loan Pool WAC Term Age CLTV Amount Balance
A 896 18.61 11.319 253.32 2.09 73.64 $339,300 $39,331,516.86
A- 1,446 30.44 11.395 244.76 1.47 75.02 $325,000 $64,338,219.39
B+ 812 16.61 11.420 256.36 1.61 72.30 $240,000 $35,111,379.75
B 1,066 19.86 12.041 251.74 4.45 71.51 $455,000 $41,963,983.96
B- 574 10.49 12.487 258.46 1.70 66.62 $245,000 $22,167,290.67
C+ 39 .68 13.017 281.19 1.48 64.33 $168,000 $1,446,880.93
C 205 3.17 13.341 252.89 1.82 60.00 $174,000 $6,693,051.70
C- 9 .14 13.905 219.06 2.63 55.15 $80,000 $294,063.93
- --------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
==============================================================================================================
STEP RATE FIXED COLLATERAL
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Step Rate Loans Loan Pool WAC Term Age LTV Amount Balance
NO 4,869 97.12 11.668 251.42 2.23 72.36 $455,000 $205,261,159.40
YES 178 2.88 12.926 256.72 2.56 65.27 $160,000 $6,085,227.79
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 72.16 $455,000 $211,346,387.19
===================================================================================================================
* STEP RATE LOANS CAN STEP DOWN IN COUPON BY 0.50% AT THE END OF THE SIXTH,
TWELFTH AND EIGHTEENTH MONTHS, PENDING THE BORROWER HAS MET PAYMENT
PERFORMANCE CRITERIA ESTABLISHED AT ORIGINATION.
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.
ACTUAL NEXT PAYMENT DUE DATE
- -------------------------------------------------------------------------------------------------------------------
Next WA Max. Orig Total
Due # % Rem WA Loan Current
Date Loan Pool WAC Term Age Amount Balance
01/01/97 10 .28 11.998 200.57 12.94 $186,870 $598,944.50
01/13/97 1 .03 13.740 177.00 3.00 $56,250 $56,250.00
01/15/97 2 .03 14.095 176.40 3.60 $38,500 $64,492.97
01/16/97 1 .01 13.500 175.00 5.00 $25,356 $25,347.66
01/19/97 1 .01 12.580 176.00 4.00 $26,400 $26,350.00
01/21/97 1 .02 14.500 176.00 4.00 $50,700 $50,691.77
02/01/97 42 1.04 12.364 248.40 3.40 $155,250 $2,187,969.72
02/02/97 2 .05 13.020 177.50 2.50 $53,125 $105,750.00
02/03/97 2 .07 12.382 175.17 4.83 $74,250 $140,419.62
02/05/97 10 .14 14.568 102.64 83.02 $80,000 $296,606.48
02/06/97 2 .07 11.974 351.36 8.64 $129,600 $155,852.35
02/07/97 1 .02 11.250 178.00 2.00 $48,750 $48,750.00
02/08/97 1 .01 14.990 238.00 2.00 $24,500 $24,500.00
02/09/97 4 .20 14.564 177.77 2.23 $331,100 $418,371.01
02/10/97 6 .15 12.869 273.86 26.26 $100,000 $309,788.09
02/11/97 2 .04 12.812 209.51 10.42 $66,074 $75,413.17
02/12/97 3 .09 12.283 190.36 6.11 $99,400 $188,905.01
02/13/97 6 .16 12.246 273.20 2.18 $160,000 $340,487.76
02/14/97 1 .02 12.500 178.00 2.00 $35,000 $35,000.00
02/15/97 35 .65 12.211 215.74 3.27 $187,000 $1,380,573.26
02/16/97 1 .05 13.340 177.00 3.00 $99,900 $99,900.00
02/17/97 2 .11 11.743 178.00 2.00 $117,000 $232,175.00
02/18/97 1 .01 13.500 177.00 3.00 $20,800 $20,763.95
02/19/97 2 .05 12.902 175.82 4.18 $95,820 $116,046.78
02/20/97 7 .05 13.976 139.83 33.97 $44,600 $102,053.50
02/21/97 2 .04 10.629 220.54 2.00 $67,000 $94,500.00
02/22/97 2 .06 12.592 176.78 3.22 $79,200 $129,583.74
02/23/97 4 .09 13.512 176.32 3.68 $84,500 $196,088.85
02/24/97 5 .14 12.445 176.58 3.42 $79,822 $294,227.68
02/25/97 5 .03 13.210 121.05 6.96 $17,800 $62,728.81
03/01/97 299 7.41 11.936 250.99 2.24 $339,300 $15,670,046.34
03/02/97 2 .05 12.857 288.43 2.57 $73,800 $103,575.63
03/03/97 2 .06 12.857 256.07 1.43 $70,975 $124,634.00
03/04/97 3 .12 12.700 177.86 2.14 $142,800 $250,102.98
03/05/97 45 .68 13.471 138.31 42.30 $124,000 $1,428,749.23
03/06/97 7 .26 12.075 208.71 2.39 $264,000 $554,723.43
03/07/97 8 .16 10.998 171.41 5.27 $151,875 $347,539.54
03/09/97 3 .06 13.023 193.32 5.59 $74,375 $130,369.36
03/10/97 65 .85 12.618 193.03 5.92 $104,000 $1,786,587.07
03/11/97 10 .26 12.366 191.96 4.10 $136,500 $557,269.86
03/12/97 10 .27 12.963 172.51 3.57 $136,500 $576,313.82
03/13/97 16 .42 11.872 226.39 2.26 $150,000 $878,391.47
03/14/97 11 .23 13.078 179.88 2.63 $83,300 $476,903.18
03/15/97 774 14.71 11.577 263.92 1.65 $243,000 $31,096,113.04
03/16/97 15 .54 11.286 224.76 2.57 $208,800 $1,151,668.22
03/17/97 19 .50 11.865 226.62 2.56 $247,500 $1,053,165.63
03/18/97 10 .34 11.586 235.61 4.02 $253,801 $714,846.56
03/19/97 3 .08 11.223 176.60 3.40 $68,163 $169,645.56
03/20/97 174 2.32 12.545 197.07 3.73 $129,561 $4,912,473.30
03/21/97 10 .33 11.629 190.41 2.24 $216,000 $699,434.04
03/22/97 11 .19 12.917 160.23 3.03 $69,000 $411,731.80
03/23/97 19 .43 12.293 205.76 2.58 $84,000 $906,833.13
- CONT. NEXT PAGE -
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.
ACTUAL NEXT PAYMENT DUE DATE
- -------------------------------------------------------------------------------------------------------------------
Next WA Max. Orig Total
Due # % Rem WA Loan Current
Date Loan Pool WAC Term Age Amount Balance
03/24/97 19 .55 11.940 229.87 3.03 $172,500 $1,165,523.40
03/25/97 143 1.89 12.358 191.03 3.09 $100,000 $3,989,029.19
03/27/97 2 .03 13.682 178.00 2.00 $33,600 $60,200.00
04/01/97 2,102 45.04 11.487 270.11 1.07 $455,000 $95,193,088.14
04/02/97 8 .17 11.580 188.21 1.88 $91,000 $368,054.21
04/03/97 13 .44 11.559 197.95 1.50 $237,750 $924,433.17
04/04/97 10 .33 11.450 269.81 1.42 $238,000 $702,385.75
04/05/97 166 2.28 12.272 195.34 3.88 $160,000 $4,809,971.86
04/06/97 12 .29 12.250 243.35 2.23 $76,300 $603,028.09
04/07/97 11 .27 11.909 193.32 1.35 $161,100 $573,742.06
04/08/97 3 .03 13.134 177.39 2.61 $27,603 $59,896.62
04/09/97 2 .04 11.631 178.00 2.00 $56,000 $91,667.29
04/10/97 127 1.63 12.332 198.87 1.73 $106,000 $3,453,858.87
04/11/97 6 .14 12.690 217.23 3.38 $92,224 $290,123.59
04/13/97 9 .28 11.200 216.90 2.89 $200,000 $601,951.40
04/14/97 7 .13 12.812 219.68 5.28 $75,950 $269,452.31
04/15/97 571 10.01 11.444 253.83 1.48 $240,000 $21,161,495.41
04/16/97 2 .04 11.290 206.25 3.02 $48,446 $94,172.74
04/18/97 4 .09 11.413 181.06 2.57 $63,731 $181,831.40
04/20/97 29 .42 12.460 185.85 6.80 $65,000 $882,848.81
04/21/97 2 .02 14.283 178.00 2.00 $35,000 $49,526.32
04/22/97 1 .01 13.300 176.00 4.00 $15,270 $15,114.55
04/23/97 2 .03 12.005 210.61 3.00 $39,500 $70,112.13
04/24/97 3 .05 11.793 197.22 2.00 $49,600 $104,168.13
04/25/97 10 .12 12.191 223.93 1.52 $54,000 $252,795.16
05/01/97 73 1.21 11.309 265.97 2.08 $185,220 $2,555,158.00
05/05/97 6 .05 13.326 118.33 42.34 $57,500 $106,922.26
05/07/97 1 .01 13.500 167.00 13.00 $29,260 $29,169.93
05/10/97 2 .02 11.750 154.90 2.00 $25,000 $39,913.59
05/15/97 15 .28 10.873 252.23 1.99 $92,000 $586,512.22
05/20/97 1 .02 10.900 239.00 1.00 $37,065 $37,065.00
05/22/97 1 .01 13.990 235.00 5.00 $23,000 $22,927.93
05/24/97 1 .01 10.750 177.00 3.00 $18,500 $18,019.20
06/01/97 3 .05 12.241 297.40 1.01 $67,500 $102,579.59
- -------------------------------------------------------------------------------------------------------------------
Total..... 5,047 100.00% 11.704 251.57 2.24 $455,000 $211,346,387.19
===================================================================================================================
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.
- --------------------------------------------------------------------------------
- MONEY STORE 1997-1
- Cut Off Date of Tape is 3/1/97
- ARM COLLATERAL
- $189,732,023.30
- --------------------------------------------------------------------------------
Number of Mortgage Loans: 2,408
Index: Various * Detailed below.
Lien Status: First Lien Loans
Aggregate Unpaid Principal Balance: $189,732,023.30
Aggregate Original Principal Balance: $189,932,934.43
Weighted Average Coupon (Gross): 9.841%
Gross Coupon Range: 7.125% - 14.840%
Weighted Average Margin (Gross): 5.712%
Gross Margin Range: 0.000% - 10.000%
Weighted Average Life Cap (Gross): 15.918%
Gross Life Cap Range: 11.750% - 20.840%
Weighted Average Life Floor (Gross): 9.640%
Gross Life Floor Range: 4.000% - 14.840%
- --------------------------------------------------------------------------------
Average Unpaid Principal Balance: $78,792.37
Average Original Principal Balance: $78,875.80
Maximum Unpaid Principal Balance: $427,758.81
Minimum Unpaid Principal Balance: $9,997.14
Maximum Original Principal Balance: $428,000.00
Minimum Original Principal Balance: $10,000.00
Weighted Avg. Stated Rem. Term (PTD to Mat Date): 358.229
Stated Rem Term Range: 173.000 - 360.000
Weighted Average Age (First Pay thru Paid Thru): 1.551
Age Range: 0.000 - 28.000
Weighted Average Original Term: 359.781
Original Term Range: 180.000 - 360.000
Weighted Average Original LTV: 73.029
Original LTV Range: 11.430% - 100.000%
Weighted Average Periodic Interest Cap: 1.065%
Periodic Interest Cap Range: 1.000% - 3.000%
Weighted Average Months to Interest Roll: 11.759
Months to Interest Roll Range: 1 - 48
Weighted Average Interest Roll Frequency: 6.200
Interest Frequency Range: 1 - 12
Weighted Average Debt to Income Ratio: 35.927
Debt to Income Ratio Range: 5.280 - 78.030
- --------------------------------------------------------------------------------
MAX ZIP CODE CONCENTRATION: 0.36% zip code = 02146 state = MA
LATEST MATURITY DATE: 03/01/27
EARLIEST FIRST PAYMENT DATE: 12/01/94
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.
GROSS COUPON
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Gross # % Rem WA Orig Balance Current
Coupon Loan Pool WAC Term Age LTV Amount Balance
7.00% * Gross Coupon *= 7.25% 1 .04 7.125 358.00 2.00 76.50 $74,970 $74,910.04
7.50% * Gross Coupon *= 7.75% 3 .40 7.695 356.68 3.32 68.64 $425,000 $760,736.49
7.75% * Gross Coupon *= 8.00% 21 1.70 7.966 358.40 1.60 77.92 $423,000 $3,216,384.99
8.00% * Gross Coupon *= 8.25% 115 5.27 8.209 358.86 1.14 73.41 $242,000 $10,005,813.25
8.25% * Gross Coupon *= 8.50% 63 3.09 8.449 358.72 1.28 74.86 $354,000 $5,869,026.28
8.50% * Gross Coupon *= 8.75% 156 7.33 8.731 357.96 1.39 73.53 $428,000 $13,908,669.73
8.75% * Gross Coupon *= 9.00% 245 10.01 8.938 358.87 1.13 73.37 $428,000 $18,985,170.64
9.00% * Gross Coupon *= 9.25% 112 5.10 9.197 358.22 1.78 75.60 $410,000 $9,669,561.42
9.25% * Gross Coupon *= 9.50% 289 12.00 9.464 358.64 1.36 74.60 $350,000 $22,762,079.94
9.50% * Gross Coupon *= 9.75% 143 6.82 9.706 357.20 1.57 74.38 $421,200 $12,944,346.61
9.75% * Gross Coupon *= 10.00% 280 11.51 9.940 358.64 1.36 73.01 $262,118 $21,833,731.63
10.00% * Gross Coupon *= 10.25% 170 6.65 10.217 358.41 1.59 71.92 $243,000 $12,609,700.80
10.25% * Gross Coupon *= 10.50% 195 7.36 10.450 358.09 1.91 71.83 $267,700 $13,967,593.21
10.50% * Gross Coupon *= 10.75% 101 4.36 10.662 357.84 2.16 72.45 $264,000 $8,279,192.79
10.75% * Gross Coupon *= 11.00% 158 5.89 10.953 357.69 1.58 71.17 $220,000 $11,175,495.16
11.00% * Gross Coupon *= 11.25% 51 2.12 11.221 358.15 1.85 71.23 $286,000 $4,028,856.18
11.25% * Gross Coupon *= 11.50% 92 3.14 11.419 356.95 1.61 70.36 $240,000 $5,948,887.45
11.50% * Gross Coupon *= 11.75% 48 1.90 11.683 358.25 1.75 70.37 $196,000 $3,604,270.79
11.75% * Gross Coupon *= 12.00% 67 2.33 11.924 358.03 1.97 72.04 $180,000 $4,419,431.97
12.00% * Gross Coupon *= 12.25% 26 .90 12.181 356.70 3.30 73.11 $149,500 $1,707,867.20
12.25% * Gross Coupon *= 12.50% 22 .68 12.423 357.85 2.15 65.78 $94,500 $1,286,010.52
12.50% * Gross Coupon *= 12.75% 17 .52 12.642 357.73 2.27 63.59 $150,000 $992,809.99
12.75% * Gross Coupon *= 13.00% 10 .26 12.929 357.65 2.35 71.96 $71,250 $487,350.90
13.00% * Gross Coupon *= 13.25% 3 .10 13.203 358.02 1.98 71.07 $84,000 $184,543.94
13.25% * Gross Coupon *= 13.50% 7 .22 13.365 358.17 1.83 71.24 $84,000 $414,146.70
13.50% * Gross Coupon *= 13.75% 7 .19 13.660 357.75 2.25 65.25 $74,400 $366,508.30
13.75% * Gross Coupon *= 14.00% 4 .08 13.906 357.63 2.37 66.88 $56,000 $152,060.83
14.50% * Gross Coupon *= 14.75% 1 .02 14.640 357.00 3.00 50.00 $31,500 $31,379.29
14.75% * Gross Coupon *= 15.00% 1 .02 14.840 357.00 3.00 65.00 $45,500 $45,486.26
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
ORIGINAL MATURITY
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Original # % Rem WA Orig Loan Current
Maturity Loan Pool WAC Term Age LTV Amount Balance
170 * Original Maturity *= 180 4 .12 10.046 176.90 3.10 73.12 $88,400 $231,270.08
350 * Original Maturity *= 360 2,404 99.88 9.841 358.45 1.55 73.03 $428,000 $189,500,753.22
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
REMAINING TERM
(Based Upon the Scheduled Date of 3/1/97)
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Remaining Term Loan Pool WAC Term Age LTV Amount Balance
168 * Rem Term *= 180 4 .12 10.046 176.90 3.10 73.12 $88,400 $231,270.08
324 * Rem Term *= 336 4 .18 10.643 333.62 26.38 84.94 $148,950 $337,461.31
336 * Rem Term *= 348 1 .02 10.990 345.00 15.00 37.58 $31,800 $31,616.39
348 * Rem Term *= 360 2,399 99.68 9.839 358.50 1.50 73.01 $428,000 $189,131,675.52
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
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.
LOAN AGE IN MONTHS
(Based Upon the Scheduled Date of 3/1/97)
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Age of Loan Loan Pool WAC Term Age LTV Amount Balance
0 = Age 659 24.32 9.607 360.00 .00 72.66 $300,000 $46,135,427.82
0 * Age *= 12 1,744 75.49 9.914 357.72 1.99 73.13 $428,000 $143,227,517.78
12 * Age *= 24 1 .02 10.990 345.00 15.00 37.58 $31,800 $31,616.39
24 * Age *= 36 4 .18 10.643 333.62 26.38 84.94 $148,950 $337,461.31
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
ORIGINATION YEAR
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Year of # % Rem WA Orig Loan Current
Origination Loan Pool WAC Term Age LTV Amount Balance
1994 3 .13 10.650 333.48 26.52 82.98 $148,950 $243,090.66
1995 2 .07 10.717 336.76 23.24 76.85 $96,300 $125,987.04
1996 1,133 50.82 9.977 357.30 2.43 73.42 $428,000 $96,422,439.12
1997 1,270 48.99 9.697 359.29 .54 72.59 $428,000 $92,940,506.48
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
SCHEDULED PAID THRU DATE
- -------------------------------------------------------------------------------------------------------------------
Scheduled WA WA Max. Orig Total
Pay Thru # % Rem WA Orig Loan Current
Date Loan Pool WAC Term Age LTV Amount Balance
03/01/97 2,408 100.00 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
ORIGINAL LTV RANGE
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
LTV # % Rem WA Orig Loan Current
RANGE Loan Pool WAC Term Age LTV Amount Balance
10.000 * LTV *= 15.000 3 .05 9.801 358.51 1.49 12.52 $37,000 $87,442.07
15.000 * LTV *= 20.000 1 .02 10.200 358.00 2.00 19.57 $45,000 $44,961.70
20.000 * LTV *= 25.000 15 .31 9.823 358.82 1.18 23.55 $126,700 $594,254.97
25.000 * LTV *= 30.000 21 .44 9.685 358.70 1.30 27.70 $70,000 $830,890.94
30.000 * LTV *= 35.000 19 .43 10.050 358.46 1.54 32.96 $90,000 $807,364.03
35.000 * LTV *= 40.000 31 .88 9.930 358.28 1.72 37.61 $245,000 $1,663,493.98
40.000 * LTV *= 45.000 40 1.07 9.718 358.24 1.76 42.37 $110,000 $2,029,440.25
45.000 * LTV *= 50.000 47 1.58 9.836 358.54 1.46 48.10 $150,000 $2,991,083.08
50.000 * LTV *= 55.000 67 1.99 10.008 358.48 1.52 52.59 $128,000 $3,776,920.62
55.000 * LTV *= 60.000 104 3.70 10.177 358.66 1.34 58.01 $205,000 $7,025,653.63
60.000 * LTV *= 65.000 209 7.90 10.283 357.43 1.46 63.44 $425,000 $14,986,977.68
65.000 * LTV *= 70.000 309 11.69 10.210 358.52 1.48 68.76 $272,830 $22,174,548.66
70.000 * LTV *= 75.000 399 17.55 9.974 358.32 1.68 73.64 $318,750 $33,289,413.90
75.000 * LTV *= 80.000 907 41.77 9.658 358.16 1.52 79.39 $428,000 $79,247,798.86
80.000 * LTV *= 85.000 219 9.27 9.480 358.68 1.32 81.80 $323,000 $17,591,870.70
85.000 * LTV *= 90.000 10 .82 9.567 354.15 5.85 87.31 $354,000 $1,554,079.24
90.000 * LTV *= 95.000 5 .40 8.828 358.30 1.70 93.25 $423,000 $756,728.33
95.000 * LTV *= 100.000 2 .15 9.497 359.15 .85 100.00 $160,000 $279,100.66
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
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.
GROSS MARGIN
- -------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Gross # % Rem WA Orig Loan Current
Margin Loan Pool WAC Term Age LTV Amount Balance
Gross Margin = 0.00% 4 .13 9.575 355.14 4.86 77.10 $86,250 $251,747.40
3.00% * Gross Margin *= 3.25% 1 .02 8.875 332.00 28.00 66.82 $30,000 $29,492.44
3.75% * Gross Margin *= 4.00% 3 .14 10.889 354.04 5.96 69.27 $93,000 $273,492.86
4.00% * Gross Margin *= 4.25% 1 .04 7.125 358.00 2.00 76.50 $74,970 $74,910.04
4.25% * Gross Margin *= 4.50% 4 .25 8.810 355.91 4.09 79.59 $196,000 $479,155.35
4.50% * Gross Margin *= 4.75% 7 .42 9.475 353.66 6.34 81.78 $148,950 $792,807.95
4.75% * Gross Margin *= 5.00% 238 10.24 9.181 358.37 1.63 73.73 $428,000 $19,428,911.82
5.00% * Gross Margin *= 5.25% 504 21.30 9.080 358.76 1.24 73.75 $423,000 $40,418,588.30
5.25% * Gross Margin *= 5.50% 579 23.57 9.585 358.52 1.27 74.81 $428,000 $44,727,881.01
5.50% * Gross Margin *= 5.75% 296 11.54 10.041 358.49 1.51 72.94 $264,000 $21,901,605.59
5.75% * Gross Margin *= 6.00% 258 9.85 10.437 358.45 1.55 68.86 $323,000 $18,683,847.75
6.00% * Gross Margin *= 7.00% 375 17.46 10.593 358.17 1.83 72.30 $304,000 $33,131,425.21
7.00% * Gross Margin *= 8.00% 101 3.88 11.168 353.35 2.23 70.15 $421,200 $7,364,434.22
8.00% * Gross Margin *= 9.00% 27 .82 12.149 357.23 2.77 70.05 $109,500 $1,548,788.83
9.00% * Gross Margin *= 10.00% 10 .33 13.168 357.67 2.33 68.74 $92,950 $624,934.53
- --------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
==============================================================================================================
Gross Life Cap
- --------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Gross # % Rem WA Orig Loan Current
Life Cap Loan Pool WAC Term Age LTV Amount Balance
11.50% * Gross Life Cap *= 11.75 1 .14 10.750 358.00 2.00 80.00 $264,000 $263,900.60
13.00% * Gross Life Cap *= 13.25 3 .17 9.678 339.70 20.30 85.69 $148,950 $315,304.71
13.50% * Gross Life Cap *= 13.75 2 .30 7.697 356.27 3.73 66.63 $425,000 $577,867.27
13.75% * Gross Life Cap *= 14.00 19 1.56 7.966 358.39 1.61 78.40 $423,000 $2,965,427.07
14.00% * Gross Life Cap *= 14.25 114 5.24 8.209 358.86 1.14 73.36 $242,000 $9,933,156.35
14.25% * Gross Life Cap *= 14.50 62 3.09 8.439 358.77 1.23 74.58 $354,000 $5,865,772.47
14.50% * Gross Life Cap *= 14.75 148 6.94 8.719 357.98 1.33 73.43 $428,000 $13,169,742.35
14.75% * Gross Life Cap *= 15.00 242 9.90 8.940 358.86 1.14 73.39 $428,000 $18,781,265.45
15.00% * Gross Life Cap *= 15.25 104 4.58 9.186 358.23 1.77 75.87 $410,000 $8,693,393.89
15.25% * Gross Life Cap *= 15.50 286 11.80 9.462 358.63 1.37 74.62 $350,000 $22,387,097.39
15.50% * Gross Life Cap *= 15.75 143 6.92 9.636 357.18 1.61 74.32 $421,200 $13,137,309.88
15.75% * Gross Life Cap *= 16.00 263 10.58 9.926 358.70 1.30 72.38 $245,000 $20,078,630.95
16.00% * Gross Life Cap *= 16.25 153 5.95 10.140 358.46 1.54 72.01 $243,000 $11,296,990.87
16.25% * Gross Life Cap *= 16.50 186 6.64 10.396 358.53 1.47 70.90 $245,000 $12,589,802.28
16.50% * Gross Life Cap *= 16.75 91 3.82 10.561 358.13 1.87 72.59 $254,000 $7,240,819.32
16.75% * Gross Life Cap *= 17.00 163 6.27 10.774 357.75 1.57 72.27 $262,118 $11,888,135.72
17.00% * Gross Life Cap *= 17.25 72 2.97 10.750 358.36 1.64 71.78 $212,000 $5,642,585.10
17.25% * Gross Life Cap *= 17.50 96 3.68 11.143 356.94 1.83 72.10 $267,700 $6,984,417.84
17.50% * Gross Life Cap *= 17.75 54 1.94 11.338 358.18 1.82 69.72 $209,600 $3,680,706.65
17.75% * Gross Life Cap *= 18.00 70 2.44 11.695 357.96 2.04 72.69 $180,000 $4,638,710.25
18.00% * Gross Life Cap *= 18.25 37 1.72 11.798 357.16 2.84 72.14 $286,000 $3,267,501.00
18.25% * Gross Life Cap *= 18.50 38 1.44 11.978 358.01 1.99 69.95 $240,000 $2,739,513.72
18.50% * Gross Life Cap *= 18.75 15 .55 12.285 357.80 2.20 71.35 $166,500 $1,045,005.20
18.75% * Gross Life Cap *= 19.00 15 .45 12.460 357.16 2.84 69.41 $103,600 $847,844.84
19.00% * Gross Life Cap *= 19.25 5 .16 12.908 357.97 2.03 72.86 $84,000 $299,352.02
19.25% * Gross Life Cap *= 19.50 9 .27 13.240 358.33 1.67 71.41 $84,000 $513,346.70
19.50% * Gross Life Cap *= 19.75 10 .32 13.161 357.44 2.56 57.11 $150,000 $604,268.45
19.75% * Gross Life Cap *= 20.00 4 .08 13.906 357.63 2.37 66.88 $56,000 $152,060.83
20.50% * Gross Life Cap *= 20.75 2 .05 14.072 357.00 3.00 59.57 $55,250 $86,607.87
20.75% * Gross Life Cap *= 21.00 1 .02 14.840 357.00 3.00 65.00 $45,500 $45,486.26
- --------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
==============================================================================================================
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.
</TABLE>
<TABLE>
<CAPTION>
Gross Life Floor
- --------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Gross # % Rem WA Orig Loan Current
Life Floor Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3.50% * Life Floor *= 4.00% 1 .05 10.825 356.00 4.00 80.26 $91,500 $91,397.40
4.25% * Life Floor *= 4.50% 2 .15 8.795 355.00 5.00 81.62 $196,000 $288,824.84
4.50% * Life Floor *= 4.75% 1 .04 8.000 355.00 5.00 77.14 $81,000 $80,678.59
4.75% * Life Floor *= 5.00% 10 .53 9.610 356.96 3.04 74.65 $318,750 $1,003,254.19
5.00% * Life Floor *= 5.25% 9 .65 9.791 355.68 4.32 78.32 $254,000 $1,235,534.58
5.25% * Life Floor *= 5.50% 12 .70 9.846 356.91 3.09 79.46 $250,000 $1,324,769.84
5.50% * Life Floor *= 5.75% 10 .43 10.873 357.34 2.66 79.13 $168,000 $823,329.52
5.75% * Life Floor *= 6.00% 10 .64 10.241 354.19 5.81 77.08 $250,000 $1,214,580.09
6.00% * Life Floor *= 6.25% 7 .21 10.905 357.58 2.42 64.70 $93,000 $398,586.70
6.25% * Life Floor *= 6.50% 7 .41 9.659 357.49 2.51 79.58 $216,000 $781,778.42
6.50% * Life Floor *= 6.75% 4 .18 10.964 358.00 2.00 72.14 $123,750 $343,268.88
6.75% * Life Floor *= 7.00% 2 .04 11.350 358.00 2.00 76.31 $46,000 $72,375.52
7.00% * Life Floor *= 7.25% 5 .20 10.465 357.49 2.51 76.07 $140,000 $371,926.54
7.25% * Life Floor *= 7.50% 5 .21 11.110 357.78 2.22 66.86 $150,000 $399,086.06
7.50% * Life Floor *= 7.75% 3 .35 8.062 356.60 3.40 68.29 $425,000 $659,467.27
7.75% * Life Floor *= 8.00% 20 1.65 7.965 358.49 1.51 77.94 $423,000 $3,135,706.40
8.00% * Life Floor *= 8.25% 114 5.19 8.231 358.89 1.11 73.30 $242,000 $9,838,570.38
8.25% * Life Floor *= 8.50% 65 3.10 8.572 358.75 1.25 74.62 $354,000 $5,888,663.51
8.50% * Life Floor *= 8.75% 153 6.99 8.739 358.02 1.29 73.35 $428,000 $13,258,704.10
8.75% * Life Floor *= 9.00% 243 9.96 8.946 358.88 1.12 73.31 $428,000 $18,904,763.90
9.00% * Life Floor *= 9.25% 108 4.88 9.196 358.36 1.64 75.56 $410,000 $9,260,803.54
9.25% * Life Floor *= 9.50% 286 11.69 9.475 358.69 1.31 74.55 $350,000 $22,172,920.07
9.50% * Life Floor *= 9.75% 138 6.60 9.706 357.22 1.51 74.29 $421,200 $12,523,836.41
9.75% * Life Floor *= 10.00% 273 11.19 9.952 358.65 1.35 72.89 $262,118 $21,233,984.04
10.00% * Life Floor *= 10.25% 165 6.41 10.219 358.43 1.57 71.54 $243,000 $12,155,010.45
10.25% * Life Floor *= 10.50% 180 6.42 10.451 358.52 1.48 70.69 $267,700 $12,184,543.27
10.50% * Life Floor *= 10.75% 88 3.80 10.662 358.22 1.78 72.41 $264,000 $7,201,564.44
10.75% * Life Floor *= 11.00% 153 5.61 10.949 357.75 1.49 71.32 $220,000 $10,644,776.31
11.00% * Life Floor *= 11.25% 48 1.92 11.246 358.37 1.63 71.12 $286,000 $3,642,556.17
11.25% * Life Floor *= 11.50% 90 3.08 11.405 356.93 1.60 70.49 $240,000 $5,839,215.55
11.50% * Life Floor *= 11.75% 48 1.92 11.670 358.18 1.82 69.50 $196,000 $3,634,318.87
11.75% * Life Floor *= 12.00% 60 2.12 11.925 358.05 1.95 72.17 $180,000 $4,015,620.24
12.00% * Life Floor *= 12.25% 23 .81 12.069 356.18 3.82 71.91 $161,000 $1,539,523.34
12.25% * Life Floor *= 12.50% 19 .59 12.422 357.88 2.12 64.30 $94,500 $1,116,878.55
12.50% * Life Floor *= 12.75% 16 .50 12.575 357.72 2.28 63.73 $150,000 $951,547.17
12.75% * Life Floor *= 13.00% 11 .28 12.851 357.43 2.57 70.52 $71,250 $532,285.20
13.00% * Life Floor *= 13.25% 3 .10 13.203 358.02 1.98 71.07 $84,000 $184,543.94
13.25% * Life Floor *= 13.50% 6 .18 13.379 358.20 1.80 71.50 $84,000 $341,362.25
13.50% * Life Floor *= 13.75% 6 .16 13.675 357.69 2.31 65.30 $74,400 $301,521.29
13.75% * Life Floor *= 14.00% 2 .03 13.990 357.63 2.37 56.36 $40,000 $63,079.92
14.50% * Life Floor *= 14.75% 1 .02 14.640 357.00 3.00 50.00 $31,500 $31,379.29
14.75% * Life Floor *= 15.00% 1 .02 14.840 357.00 3.00 65.00 $45,500 $45,486.26
- --------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
==============================================================================================================
* =LESS THAN
</TABLE>
<TABLE>
<CAPTION>
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.
NEXT INTEREST ROLL DATE
- ----------------------------------------------------------------------------------------------------------------------------------
Next WA WA
Interest Months WA WA WA Gross Gross WA WA Total
Adjustment # % To Next Orig. Rem. WA Gross Life Life Periodic Int. Current
Date Loans Pool Int. Roll WAC Mat. Mat. Age Margin Cap Floor Int. Cap Freq. Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
04/01/97 18 .80 1.0 9.648 360.00 356.25 3.75 6.322 16.174 9.446 1.417 3.92 $1,520,665.49
05/01/97 27 1.67 2.0 9.852 357.46 353.40 4.06 6.041 16.127 9.173 1.148 5.99 $3,175,688.24
06/01/97 139 5.79 3.0 9.926 360.00 356.99 3.01 6.062 16.027 9.747 1.073 5.87 $10,983,391.13
07/01/97 479 20.82 4.0 9.516 360.00 357.84 2.16 5.692 15.532 9.287 1.011 6.00 $39,496,852.72
08/01/97 419 17.03 5.0 9.534 359.23 358.17 1.06 5.643 15.630 9.458 1.009 6.02 $32,311,736.00
08/19/97 1 .09 5.0 9.250 360.00 353.00 7.00 5.500 15.250 5.500 2.000 12.00 $161,686.90
09/01/97 476 17.72 6.0 9.280 360.00 359.84 0.16 5.402 15.286 9.254 1.007 6.02 $33,627,369.83
09/24/97 1 .06 6.0 9.750 360.00 354.00 6.00 5.900 15.750 9.750 2.000 12.00 $109,792.20
10/01/97 6 .40 7.0 9.196 360.00 355.00 5.00 4.930 15.360 5.933 2.000 12.00 $761,511.22
10/04/97 1 .05 7.0 9.950 360.00 355.00 5.00 6.400 15.950 9.950 2.000 12.00 $100,517.63
10/08/97 1 .10 7.0 8.650 360.00 355.00 5.00 5.000 14.650 8.650 2.000 12.00 $195,153.02
11/01/97 6 .27 8.0 10.363 360.00 354.60 5.40 5.026 16.980 9.131 2.000 12.00 $506,527.56
11/15/97 1 .07 8.0 9.700 360.00 356.00 4.00 5.850 15.700 5.850 2.000 12.00 $129,779.81
11/19/97 1 .04 8.0 9.925 360.00 356.00 4.00 4.500 16.925 9.925 2.000 12.00 $66,409.58
11/25/97 1 .03 8.0 10.225 360.00 356.00 4.00 5.000 17.225 10.225 2.000 12.00 $59,923.45
11/27/97 1 .06 8.0 9.350 360.00 356.00 4.00 5.700 15.350 9.350 2.000 12.00 $118,318.11
12/01/97 8 .41 9.0 9.416 360.00 354.92 5.08 5.453 15.416 7.979 2.000 12.00 $777,982.71
12/11/97 1 .10 9.0 11.230 360.00 357.00 3.00 5.125 18.230 5.125 2.000 12.00 $187,936.25
12/12/97 1 .02 9.0 9.425 360.00 357.00 3.00 5.000 16.425 9.425 2.000 12.00 $38,960.87
12/16/97 1 .03 9.0 10.225 360.00 357.00 3.00 5.500 17.225 10.225 2.000 12.00 $59,949.18
12/30/97 1 .05 9.0 9.750 360.00 357.00 3.00 6.250 15.750 9.750 2.000 12.00 $94,955.68
01/01/98 14 .77 10.0 9.894 360.00 358.00 2.00 5.654 15.916 9.414 2.000 12.00 $1,468,911.56
01/06/98 1 .07 10.0 11.700 360.00 358.00 2.00 5.875 18.700 11.700 2.000 12.00 $129,960.25
01/07/98 1 .05 10.0 9.250 360.00 358.00 2.00 6.200 15.250 6.200 2.000 12.00 $92,716.87
01/14/98 1 .04 10.0 10.500 360.00 358.00 2.00 6.500 16.500 6.500 2.000 12.00 $78,368.84
01/16/98 1 .06 10.0 9.625 360.00 358.00 2.00 4.625 16.625 9.625 2.000 12.00 $123,190.96
01/21/98 2 .11 10.0 9.985 360.00 358.00 2.00 5.416 16.985 9.985 2.000 12.00 $204,958.97
01/23/98 1 .02 10.0 10.225 360.00 358.00 2.00 5.500 17.225 10.225 2.000 12.00 $39,983.13
02/01/98 8 .46 11.0 9.907 360.00 359.00 1.00 6.075 15.907 9.907 1.517 12.00 $875,768.46
03/01/98 6 .24 12.0 9.719 360.00 360.00 0.00 5.618 15.719 9.719 2.000 12.00 $463,900.00
10/01/98 4 .24 19.0 10.130 360.00 355.00 5.00 5.510 16.130 10.130 1.000 6.00 $452,079.16
10/04/98 1 .05 19.0 9.150 360.00 355.00 5.00 4.400 15.150 4.400 1.000 6.00 $93,292.73
11/01/98 18 .74 20.0 10.642 360.00 356.00 4.00 5.777 16.862 9.690 1.045 6.00 $1,412,804.87
11/15/98 1 .03 20.0 10.250 360.00 356.00 4.00 5.500 16.250 10.250 1.000 6.00 $53,531.99
11/27/98 2 .07 20.0 12.627 360.00 356.00 4.00 8.898 18.627 12.627 1.000 6.00 $135,000.19
12/01/98 68 3.01 21.0 10.373 360.00 357.00 3.00 5.756 16.687 10.061 1.055 6.00 $5,712,344.70
12/02/98 1 .03 21.0 12.250 360.00 357.00 3.00 9.375 18.250 12.250 1.000 6.00 $47,571.69
12/09/98 1 .03 21.0 12.950 360.00 357.00 3.00 6.500 18.950 12.950 1.000 6.00 $50,976.29
12/10/98 2 .07 21.0 10.968 360.00 357.00 3.00 6.252 17.600 10.968 1.000 6.00 $136,751.26
12/17/98 1 .04 21.0 12.250 360.00 357.00 3.00 7.750 18.250 12.250 1.000 6.00 $76,958.11
12/20/98 1 .03 21.0 11.500 360.00 357.00 3.00 5.950 17.500 11.500 1.000 6.00 $64,958.26
01/01/99 199 8.59 22.0 10.428 359.47 357.47 2.00 5.706 16.565 9.928 1.084 6.00 $16,305,928.29
01/10/99 1 .03 22.0 12.350 360.00 358.00 2.00 7.550 18.350 12.350 1.000 6.00 $48,987.03
01/14/99 1 .01 22.0 10.000 360.00 358.00 2.00 7.000 17.000 7.000 1.000 6.00 $26,388.32
01/15/99 4 .23 22.0 10.399 360.00 358.00 2.00 6.011 16.399 10.399 1.000 6.00 $435,846.25
01/20/99 1 .03 22.0 10.850 360.00 358.00 2.00 5.250 16.850 10.850 1.000 6.00 $60,777.60
01/25/99 3 .14 22.0 11.023 360.00 358.00 2.00 5.236 17.023 11.023 1.000 6.00 $268,765.48
02/01/99 204 8.32 23.0 10.428 360.00 359.00 1.00 5.723 16.524 10.364 1.061 6.00 $15,781,072.11
02/10/99 1 .05 23.0 11.850 360.00 359.00 1.00 5.750 17.850 11.850 1.000 6.00 $94,400.00
02/12/99 1 .04 23.0 10.400 360.00 359.00 1.00 6.050 16.400 10.400 1.000 6.00 $67,200.00
02/15/99 2 .06 23.0 10.268 360.00 359.00 1.00 5.500 16.268 10.268 1.000 6.00 $114,043.96
03/01/99 115 3.93 24.0 10.480 360.00 360.00 0.00 5.555 16.480 10.480 1.000 6.00 $7,456,964.10
10/01/99 1 .03 31.0 12.125 360.00 355.00 5.00 6.500 18.125 12.125 1.000 6.00 $63,228.23
11/01/99 10 .48 32.0 10.796 360.00 356.00 4.00 6.119 16.796 9.959 1.000 6.00 $916,207.13
11/04/99 1 .03 32.0 12.500 360.00 356.00 4.00 7.850 18.500 12.500 1.000 6.00 $66,245.67
11/26/99 1 .03 32.0 11.300 360.00 356.00 4.00 6.600 17.300 11.300 1.000 6.00 $61,708.57
12/01/99 21 1.22 33.0 10.768 360.00 357.00 3.00 6.558 17.010 10.768 1.112 6.00 $2,322,167.65
01/01/00 34 1.59 34.0 10.746 360.00 358.00 2.00 6.340 16.746 10.746 1.000 6.00 $3,015,795.97
02/01/00 12 .52 35.0 10.954 360.00 359.00 1.00 6.748 16.954 10.954 1.000 6.00 $985,301.07
02/15/01 1 .03 47.0 10.650 360.00 359.00 1.00 6.550 16.650 10.650 1.000 6.00 $53,600.00
03/01/01 70 2.84 48.0 10.590 360.00 360.00 0.00 6.330 16.590 10.590 1.000 6.00 $5,388,260.00
- -----------------------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00 11.8 9.841 359.78 358.23 1.55 5.712 15.918 9.640 1.065 6.20 $189,732,023.30
==================================================================================================================================
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.
</TABLE>
<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>
1.000% 2,254 92.13 9.828 358.37 1.45 72.92 $428,000 $174,792,834.68
1.500% 64 3.42 10.343 357.80 2.20 74.64 $304,000 $6,491,468.71
2.000% 84 4.15 9.677 355.59 3.25 73.57 $318,750 $7,872,706.83
3.000% 6 .30 10.354 357.91 2.09 79.32 $140,000 $575,013.08
- --------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
==============================================================================================================
ORIGINAL MORTGAGE AMOUNT
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Original # % Rem WA Orig Loan Current
Mortgage Amt. Loan Pool WAC Term Age LTV Amount Balance
0 * Balance *= 25,000 52 .58 10.256 358.94 1.06 53.27 $25,000 $1,100,982.22
25,000 * Balance *= 50,000 650 13.55 10.189 358.08 1.27 67.64 $50,000 $25,708,324.55
50,000 * Balance *= 75,000 713 23.24 9.979 358.37 1.43 71.65 $75,000 $44,095,563.45
75,000 * Balance *= 100,000 467 21.35 9.910 358.08 1.52 73.53 $100,000 $40,508,043.14
100,000 * Balance *= 150,000 351 21.95 9.707 358.40 1.60 74.95 $150,000 $41,650,202.16
150,000 * Balance *= 207,000 108 9.83 9.554 358.27 1.73 75.81 $206,800 $18,654,492.69
207,000 * Balance *= 250,000 36 4.32 9.723 358.35 1.65 74.73 $250,000 $8,199,737.57
250,000 * Balance *= 300,000 15 2.13 9.471 357.67 2.33 77.65 $300,000 $4,047,765.05
300,000 * Balance *= 350,000 9 1.52 9.339 357.31 2.69 78.62 $350,000 $2,880,053.55
350,000 * Balance *= 400,000 1 .19 8.500 358.00 2.00 88.50 $354,000 $353,785.55
400,000 * Balance *= 450,000 6 1.34 8.658 357.84 2.16 78.73 $428,000 $2,533,073.37
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
CURRENT MORTGAGE AMOUNT
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Current # % Rem WA Orig Loan Current
Mortgage Amt. Loan Pool WAC Term Age LTV Amount Balance
0 * Balance *= 25,000 52 .58 10.256 358.94 1.06 53.27 $25,000 $1,100,982.22
25,000 * Balance *= 50,000 652 13.60 10.188 358.08 1.27 67.68 $51,600 $25,803,672.08
50,000 * Balance *= 75,000 714 23.31 9.974 358.36 1.43 71.58 $78,500 $44,220,456.92
75,000 * Balance *= 100,000 465 21.29 9.913 358.08 1.53 73.61 $105,000 $40,386,719.39
100,000 * Balance *= 150,000 352 22.06 9.706 358.41 1.59 74.98 $158,600 $41,849,275.39
150,000 * Balance *= 200,000 102 9.24 9.569 358.24 1.76 75.95 $200,000 $17,532,533.68
200,000 * Balance *= 250,000 40 4.76 9.689 358.39 1.61 74.42 $250,000 $9,023,706.10
250,000 * Balance *= 300,000 15 2.13 9.471 357.67 2.33 77.65 $300,000 $4,047,765.05
300,000 * Balance *= 350,000 9 1.52 9.339 357.31 2.69 78.62 $350,000 $2,880,053.55
350,000 * Balance *= 400,000 1 .19 8.500 358.00 2.00 88.50 $354,000 $353,785.55
400,000 * Balance *= 450,000 6 1.34 8.658 357.84 2.16 78.73 $428,000 $2,533,073.37
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
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.
</TABLE>
<TABLE>
<CAPTION>
GEOGRAPHIC DISTRIBUTION
- ---------------------------------------------------------------------------------------------------------------------------------
WA WA Min. Curr Max. Curr Total Avg.
# % Rem WA MIN MAX Orig Loan Loan Current Curr
State Loans Pool WAC Term Age AGE AGE LTV Amount Amount Balance Bal
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AZ 33 1.41 9.953 352.60 1.46 .00 3.00 75.92 $34,400 $154,575 $2,672,253 $80,977
CA 129 8.01 9.466 358.35 1.65 .00 15.00 73.36 $16,000 $427,759 $15,202,934 $117,852
CO 71 3.30 9.467 358.65 1.35 .00 4.00 72.60 $26,992 $242,000 $6,270,446 $88,316
CT 37 1.63 10.499 358.22 1.78 .00 3.00 68.35 $27,990 $285,806 $3,099,916 $83,782
DC 14 .60 9.660 358.53 1.47 .00 3.00 71.39 $25,000 $223,893 $1,140,740 $81,481
DE 10 .48 10.392 358.81 1.19 .00 2.00 76.13 $38,900 $154,789 $910,498 $91,050
FL 89 3.51 9.613 358.35 1.65 .00 10.00 75.10 $20,000 $323,000 $6,662,981 $74,865
GA 49 2.04 9.599 357.44 2.56 .00 6.00 75.30 $30,000 $318,099 $3,875,715 $79,096
IA 10 .29 9.318 359.64 .36 .00 2.00 74.81 $30,800 $97,000 $541,464 $54,146
ID 56 1.95 9.693 358.84 1.16 .00 3.00 71.10 $28,400 $168,000 $3,708,878 $66,230
IL 222 9.70 9.755 358.63 1.37 .00 7.00 73.58 $15,000 $422,713 $18,405,175 $82,906
IN 64 2.10 10.091 358.37 1.63 .00 5.00 77.27 $20,915 $146,400 $3,983,766 $62,246
KS 35 1.00 9.829 359.56 .44 .00 2.00 74.82 $24,984 $130,100 $1,906,621 $54,475
KY 45 1.51 10.034 359.22 .78 .00 4.00 76.35 $28,869 $250,000 $2,860,915 $63,576
LA 1 .04 12.250 359.00 1.00 1.00 1.00 85.00 $72,250 $72,250 $72,250 $72,250
MA 83 4.84 9.903 358.36 1.64 .00 5.00 69.59 $20,400 $424,094 $9,173,988 $110,530
MD 40 1.85 9.999 358.46 1.54 .00 6.00 71.46 $31,189 $237,887 $3,505,612 $87,640
ME 52 1.77 10.070 358.74 1.26 .00 4.00 69.02 $14,500 $162,600 $3,367,059 $64,751
MI 238 8.39 10.083 358.43 1.57 .00 28.00 73.42 $15,000 $421,200 $15,918,056 $66,883
MN 43 1.66 9.220 358.87 1.13 .00 3.00 75.19 $13,300 $226,225 $3,155,310 $73,379
MO 71 2.24 10.036 358.57 1.43 .00 8.00 73.08 $23,087 $172,000 $4,243,897 $59,773
MS 1 .04 12.020 333.00 27.00 27.00 27.00 80.00 $67,574 $67,574 $67,574 $67,574
MT 3 .12 10.957 358.14 1.86 1.00 3.00 76.75 $44,660 $104,765 $223,624 $74,541
NC 46 1.54 10.327 358.55 1.45 .00 4.00 72.35 $9,997 $295,830 $2,918,752 $63,451
ND 4 .09 10.131 358.55 1.45 1.00 2.00 72.31 $23,786 $49,967 $162,253 $40,563
NE 4 .09 10.809 359.36 .64 .00 2.00 57.34 $35,585 $49,500 $170,071 $42,518
NH 20 .92 10.686 358.14 1.86 .00 4.00 72.94 $45,500 $215,748 $1,754,874 $87,744
NJ 84 4.32 9.935 357.94 2.06 .00 26.00 72.15 $29,973 $262,118 $8,195,011 $97,560
NM 21 .83 9.156 359.00 1.00 .00 3.00 72.66 $30,500 $107,300 $1,580,969 $75,284
NV 12 .53 10.222 358.47 1.53 .00 3.00 72.02 $50,400 $149,419 $1,002,018 $83,501
NY 103 4.19 9.746 358.37 1.63 .00 6.00 68.77 $14,995 $349,828 $7,949,868 $77,183
OH 165 5.94 10.078 358.04 1.25 .00 7.00 75.00 $16,553 $300,000 $11,272,478 $68,318
OK 4 .13 9.223 359.11 .89 .00 4.00 79.50 $41,600 $82,200 $242,876 $60,719
OR 47 2.09 10.453 358.40 1.60 .00 4.00 71.40 $28,700 $303,842 $3,963,380 $84,327
PA 157 5.71 9.709 358.54 1.46 .00 5.00 73.19 $15,400 $254,857 $10,840,891 $69,050
RI 22 1.10 10.303 358.18 1.82 .00 4.00 70.50 $36,987 $144,828 $2,091,342 $95,061
SC 31 1.14 10.572 357.89 2.11 .00 4.00 77.04 $30,000 $251,862 $2,155,593 $69,535
SD 3 .10 9.942 355.59 4.41 2.00 7.00 79.33 $35,964 $76,734 $187,761 $62,587
TN 21 .84 9.619 358.77 1.23 .00 3.00 75.94 $27,900 $144,000 $1,590,623 $75,744
TX 12 .43 10.237 346.28 2.47 .00 7.00 76.09 $26,388 $138,356 $810,367 $67,531
UT 44 2.21 10.001 358.10 1.90 .00 4.00 76.46 $42,000 $267,594 $4,198,806 $95,427
VA 31 1.46 9.239 359.07 .93 .00 3.00 72.01 $27,675 $206,250 $2,772,497 $89,435
VT 5 .21 9.548 358.36 1.64 .00 3.00 68.81 $40,500 $120,148 $391,662 $78,332
WA 99 4.59 9.691 357.10 1.92 .00 26.00 72.63 $26,980 $274,933 $8,707,207 $87,952
WI 74 2.91 9.416 358.54 1.46 .00 6.00 71.47 $17,195 $310,581 $5,519,609 $74,589
WV 1 .04 10.125 359.00 1.00 1.00 1.00 75.00 $73,500 $73,500 $73,500 $73,500
WY 2 .11 9.262 359.05 .95 .00 2.00 77.56 $99,945 $110,000 $209,945 $104,973
- ---------------------------------------------------------------------------------------------------------------------------------
Total.. 2,408 100.00% 9.841 358.23 1.55 .00 28.00 73.03 $9,997 $427,759 $189,732,023 $78,792
=================================================================================================================================
</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 Detached 2,131 88.70 9.820 358.20 1.55 73.19 $428,000 $168,289,076.74
Single Family Attached 36 1.25 10.123 358.52 1.48 70.62 $188,500 $2,368,313.48
2 Family 109 4.84 9.902 358.50 1.50 71.13 $272,830 $9,184,441.68
3-4 Family 40 1.80 10.162 357.92 2.08 67.69 $196,870 $3,416,011.97
PUD 13 .71 9.850 357.88 2.12 78.14 $181,800 $1,338,525.49
Townhouses 14 .64 9.675 358.47 1.53 72.58 $186,400 $1,214,880.10
Other 65 2.07 10.192 358.87 1.13 74.99 $168,000 $3,920,773.84
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
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.
</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. 2,281 95.22 9.840 358.23 1.54 73.34 $428,000 $180,659,997.04
Investor 106 3.79 9.893 358.27 1.73 66.32 $272,830 $7,187,119.11
Vacation/Second Home 21 .99 9.778 357.95 2.05 69.06 $354,000 $1,884,907.15
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
DOCUMENTATION LEVEL
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
Full Documentation 2,408 100.00 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
LOAN-PURPOSE
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Principal Current
Loan Pool WAC Term Age LTV Balance Balance
Purchase 203 11.48 10.176 357.02 2.17 77.87 $428,000 $21,772,232.89
Refinance/No ETO 1,858 78.80 9.779 358.53 1.47 73.47 $425,000 $149,512,360.32
Refinance/ETO 178 5.10 9.992 357.41 1.76 62.08 $348,000 $9,680,148.89
Home Improvement 2 .06 10.154 358.00 2.00 57.09 $72,000 $113,932.41
Debt Consolidation 167 4.56 9.898 357.03 1.13 65.62 $185,080 $8,653,348.79
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
===================================================================================================================
LOAN GRADE
- --------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Grade Loan Pool WAC Term Age LTV Amount Balance
A 257 11.76 9.421 358.24 1.76 73.30 $428,000 $22,317,932.72
A- 438 21.61 9.441 358.11 1.66 74.80 $428,000 $40,996,945.79
B+ 425 18.46 9.521 358.11 1.64 74.45 $425,000 $35,020,549.75
B 679 26.73 9.931 358.62 1.38 74.57 $350,000 $50,720,121.63
B- 398 15.05 10.522 357.96 1.48 70.27 $286,000 $28,556,227.80
C+ 31 1.00 10.609 358.97 1.03 66.47 $149,500 $1,902,029.22
C 174 5.19 10.952 357.66 1.52 61.68 $215,000 $9,852,435.80
C- 6 .19 11.490 359.04 .96 63.25 $125,000 $365,780.59
- --------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 $428,000 $189,732,023.30
==============================================================================================================
LOAN TYPE
- -------------------------------------------------------------------------------------------------------------------
WA WA WA WA Max. Orig Total
# % Rem WA Orig LIFE GROSS Loan Current
Loan Type Loan Pool WAC Term Age LTV CAP MARGIN Amount Balance
3/3/1 1M LIBOR 13 .54 9.062 358.13 1.87 68.57 15.98 6.246 $155,000 $1,031,854.95
6 MONTH LIBOR 1,540 63.11 9.507 358.36 1.44 72.69 15.56 5.648 $428,000 $119,742,359.79
2/28 6M LIBOR 632 25.77 10.454 358.23 1.59 74.16 16.58 5.713 $428,000 $48,896,642.39
3/27 6M LIBOR 80 3.92 10.819 357.51 2.49 70.64 16.89 6.452 $267,700 $7,430,654.29
4/26 6M LIBOR 71 2.87 10.590 359.99 .01 72.40 16.59 6.332 $208,000 $5,441,860.00
1 YEAR CMT 43 2.44 9.798 353.78 4.25 74.82 16.10 5.411 $323,000 $4,632,788.39
1 YEAR LIBOR 29 1.35 9.716 358.28 1.72 74.24 15.72 5.562 $233,600 $2,555,863.49
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 73.03 15.92 5.712 $428,000 $189,732,023.30
===================================================================================================================
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.
</TABLE>
<TABLE>
<CAPTION>
ACTUAL NEXT PAYMENT DUE DATE
- -------------------------------------------------------------------------------------------------------------------
Next WA Max. Orig Total
Due # % Rem WA Loan Current
Date Loan Pool WAC Term Age Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C>
01/01/97 4 .25 10.501 354.43 5.57 $245,000 $478,284.25
01/20/97 1 .05 11.950 352.00 8.00 $93,600 $93,461.88
01/26/97 1 .03 11.800 357.00 3.00 $48,000 $48,000.00
02/01/97 47 2.19 10.538 356.59 3.41 $267,700 $4,161,706.65
02/04/97 2 .06 11.722 356.44 3.56 $66,300 $118,725.86
02/10/97 1 .03 10.090 358.00 2.00 $65,971 $65,971.36
02/15/97 1 .03 10.150 358.00 2.00 $60,000 $60,000.00
02/18/97 1 .02 10.490 357.00 3.00 $35,250 $35,235.95
02/21/97 1 .02 12.990 358.00 2.00 $35,200 $35,200.00
02/22/97 1 .02 10.990 358.00 2.00 $36,200 $36,200.00
02/23/97 2 .06 10.151 357.67 2.33 $80,000 $119,471.59
02/25/97 1 .05 11.400 358.00 2.00 $93,600 $93,600.00
02/27/97 2 .10 11.048 356.00 4.00 $118,500 $192,689.25
03/01/97 333 15.42 10.024 357.17 2.24 $428,000 $29,262,706.70
03/02/97 1 .04 10.870 358.00 2.00 $72,723 $72,723.31
03/03/97 2 .15 10.724 357.00 3.00 $245,000 $290,665.02
03/04/97 3 .13 10.079 355.60 4.40 $100,700 $242,546.80
03/05/97 1 .03 10.250 356.00 4.00 $48,000 $48,000.00
03/06/97 1 .04 9.300 358.00 2.00 $69,190 $69,154.50
03/07/97 2 .18 10.476 356.50 3.50 $250,000 $332,914.48
03/08/97 1 .10 8.650 355.00 5.00 $195,500 $195,153.02
03/09/97 1 .04 10.990 357.00 3.00 $85,000 $84,938.96
03/10/97 5 .23 10.908 357.41 2.59 $119,400 $440,476.72
03/11/97 5 .28 10.652 352.97 7.03 $188,000 $538,088.47
03/12/97 2 .04 10.372 357.00 3.00 $39,000 $71,939.57
03/13/97 4 .17 10.572 357.51 2.49 $85,000 $320,074.27
03/14/97 2 .06 10.374 358.00 2.00 $78,400 $104,757.16
03/15/97 10 .43 9.934 358.34 1.66 $220,000 $808,946.75
03/16/97 3 .14 10.516 357.46 2.54 $123,250 $269,490.33
03/17/97 2 .08 12.368 357.00 3.00 $77,000 $145,322.91
03/18/97 4 .13 11.205 357.00 3.00 $83,000 $255,626.87
03/19/97 3 .14 9.548 354.40 5.60 $161,976 $274,455.69
03/20/97 5 .18 11.071 356.93 3.07 $84,000 $336,399.61
03/21/97 6 .29 10.360 358.00 2.00 $150,450 $559,619.71
03/22/97 4 .13 9.878 356.37 3.63 $86,400 $254,401.74
03/23/97 3 .09 9.878 357.22 2.78 $100,000 $179,897.15
03/24/97 7 .41 9.427 357.02 2.98 $206,000 $774,286.04
03/25/97 4 .19 10.522 356.98 3.02 $122,800 $357,732.28
03/26/97 1 .03 11.300 356.00 4.00 $61,750 $61,708.57
03/27/97 3 .15 9.828 357.57 2.43 $125,000 $292,097.27
04/01/97 1,839 74.61 9.748 358.59 1.24 $428,000 $141,552,213.03
04/02/97 4 .12 12.465 357.00 3.00 $106,200 $230,559.49
04/03/97 2 .09 10.383 357.00 3.00 $90,000 $169,857.66
04/04/97 3 .13 9.709 357.00 3.00 $108,000 $249,963.12
04/06/97 5 .16 11.551 358.00 2.00 $130,000 $306,239.09
04/07/97 3 .13 9.958 358.30 1.70 $93,000 $244,176.85
04/09/97 1 .03 12.950 357.00 3.00 $51,000 $50,976.29
04/10/97 5 .29 9.644 357.99 2.01 $198,400 $550,671.30
04/11/97 1 .03 12.440 357.00 3.00 $63,700 $63,666.79
04/12/97 1 .04 10.400 359.00 1.00 $67,200 $67,200.00
04/13/97 3 .09 10.773 357.00 3.00 $83,200 $167,716.02
04/15/97 6 .23 9.776 357.75 2.25 $130,320 $434,588.64
04/16/97 1 .02 10.590 357.00 3.00 $46,750 $46,694.86
04/17/97 1 .03 11.190 358.00 2.00 $58,000 $57,980.16
04/19/97 2 .10 9.452 357.00 3.00 $134,400 $197,809.75
04/20/97 1 .02 11.300 357.00 3.00 $36,800 $36,775.31
04/21/97 1 .03 10.150 358.00 2.00 $54,600 $54,576.60
04/24/97 1 .03 10.100 358.00 2.00 $56,100 $56,075.71
04/27/97 2 .11 9.141 357.52 2.48 $160,000 $209,975.22
05/01/97 40 1.38 9.302 359.31 .69 $300,000 $2,621,855.11
06/01/97 3 .09 10.089 358.05 1.95 $105,000 $179,781.61
- -------------------------------------------------------------------------------------------------------------------
Total..... 2,408 100.00% 9.841 358.23 1.55 $428,000 $189,732,023.30
===================================================================================================================
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.
</TABLE>
- -----------------------------------------------------------------------------
- MONEY STORE 1997-1
- Cut Off Date of Tape is 3/1/97
- MULTI-FAMILY COLLATERAL
- $10,165,442.71
- -----------------------------------------------------------------------------
Number of Mortgage Loans: 53
Lien Status: First Lien Loans
Aggregate Unpaid Principal Balance: $10,165,442.71
Aggregate Original Principal Balance: $10,178,825.00
Weighted Average Gross Coupon: 11.752%
Gross Coupon Range: 10.500% - 13.500%
- -------------------------------------------------------------------------------
Average Unpaid Principal Balance: $191,800.81
Average Original Principal Balance: $192,053.30
Maximum Unpaid Principal Balance: $720,000.00
Minimum Unpaid Principal Balance: $49,887.84
Maximum Original Principal Balance: $720,000.00
Minimum Original Principal Balance: $50,000.00
Weighted Avg. Stated Rem. Term (PTD to Mat Date): 340.785
Stated Rem Term Range: 174.000 - 360.000
Weighted Average Age (First Pay thru Paid Thru Date): 1.582
Age Range: 0.000 - 7.000
Weighted Average Original Term: 342.367
Original Term Range: 180.000 - 360.000
Weighted Average Original LTV: 61.894
Original LTV Range: 23.000% - 68.000%
Weighted Average Debt Service Coverage Ratio: 1.519
Debt Service Coverage Ratio Range: 1.250 - 3.190
- --------------------------------------------------------------------------------
MAX ZIP CODE CONCENTRATION: 8.93% zip code = 77055 state = TX
LATEST MATRUITY DATE: 03/01/27
EARLIEST FIRST PAYMENT DATE: 09/01/96
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.
<TABLE>
<CAPTION>
GROSS COUPON
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Gross # % Rem WA Orig Balance Current
Coupon Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
10.25% * Gross Coupon *= 10.50% 1 .49 10.500 354.00 6.00 23.00 $50,000 $49,887.84
10.75% * Gross Coupon *= 11.00% 4 11.38 10.830 358.42 1.58 63.45 $550,000 $1,157,262.74
11.00% * Gross Coupon *= 11.25% 1 2.65 11.150 358.00 2.00 65.00 $269,000 $269,000.00
11.25% * Gross Coupon *= 11.50% 9 23.55 11.481 357.83 2.17 62.50 $720,000 $2,394,278.69
11.50% * Gross Coupon *= 11.75% 6 9.79 11.636 201.43 2.02 59.01 $400,000 $995,489.81
11.75% * Gross Coupon *= 12.00% 18 24.62 11.842 348.91 1.74 63.00 $325,000 $2,502,445.80
12.00% * Gross Coupon *= 12.25% 9 16.78 12.195 359.24 .76 59.76 $478,500 $1,706,193.67
12.25% * Gross Coupon *= 12.50% 1 1.81 12.500 359.00 1.00 68.00 $184,500 $183,884.16
12.50% * Gross Coupon *= 12.75% 1 6.49 12.625 360.00 .00 62.86 $660,000 $660,000.00
12.75% * Gross Coupon *= 13.00% 1 .77 12.900 358.00 2.00 62.00 $78,000 $78,000.00
13.00% * Gross Coupon *= 13.25% 1 .70 13.100 358.00 2.00 57.00 $71,500 $71,500.00
13.25% * Gross Coupon *= 13.50% 1 .96 13.500 359.00 1.00 63.73 $97,500 $97,500.00
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
ORIGINAL MATURITY
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Original # % Rem WA Orig Loan Current
Maturity Loan Pool WAC Term Age LTV Amount Balance
170 * Original Maturity *= 180 6 9.80 11.649 177.98 2.02 59.01 $400,000 $995,814.65
350 * Original Maturity *= 360 47 90.20 11.763 358.47 1.53 62.21 $720,000 $9,169,628.06
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
REMAINING TERM
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Remaining Term Loan Pool WAC Term Age LTV Amount Balance
168 * Rem Term *= 180 6 9.80 11.649 177.98 2.02 59.01 $400,000 $995,814.65
348 * Rem Term *= 360 47 90.20 11.763 358.47 1.53 62.21 $720,000 $9,169,628.06
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
LOAN AGE IN MONTHS
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Age of Loan Loan Pool WAC Term Age LTV Amount Balance
0 = Age 13 30.68 12.066 336.91 .00 61.08 $660,000 $3,118,450.00
0 * Age *= 12 40 69.32 11.613 342.50 2.28 62.25 $720,000 $7,046,992.71
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
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.
</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>
1996 25 38.15 11.705 332.51 3.33 62.04 $590,000 $3,878,543.30
1997 28 61.85 11.780 345.89 .50 61.81 $720,000 $6,286,899.41
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
SCHEDULED PAID THRU DATE
- -------------------------------------------------------------------------------------------------------------------
Schedule WA WA Max. Orig Total
Pay Thru # % Rem WA Orig Loan Current
Date Loan Pool WAC Term Age LTV Amount Balance
03/01/97 53 100.00 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
==================================================================================================================
ORIGINAL LTV RANGE
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
LTV # % Rem WA Orig Loan Current
RANGE Loan Pool WAC Term Age LTV Amount Balance
20.000 * LTV *= 25.000 1 .49 10.500 354.00 6.00 23.00 $50,000 $49,887.84
35.000 * LTV *= 40.000 1 .90 12.100 360.00 .00 40.00 $91,000 $91,000.00
45.000 * LTV *= 50.000 2 3.22 12.156 359.76 .24 48.89 $250,000 $327,000.00
50.000 * LTV *= 55.000 3 2.50 11.783 237.77 2.08 51.87 $95,000 $254,070.67
55.000 * LTV *= 60.000 12 22.35 11.639 326.31 2.00 57.89 $590,000 $2,271,737.55
60.000 * LTV *= 65.000 30 51.54 11.842 343.61 1.75 64.16 $660,000 $5,239,362.49
65.000 * LTV *= 70.000 4 19.01 11.582 359.25 .75 66.00 $720,000 $1,932,384.16
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
ORIGINAL MORTGAGE AMOUNT
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Original # % Rem WA Orig Loan Current
Mortgage Amt. Loan Pool WAC Term Age LTV Amount Balance
25,000 * Balance *= 50,000 1 .49 10.500 354.00 6.00 23.00 $50,000 $49,887.84
50,000 * Balance *= 75,000 3 1.99 12.291 358.67 1.33 59.50 $71,500 $202,750.00
75,000 * Balance *= 100,000 12 10.22 12.119 328.55 2.05 56.98 $100,000 $1,038,648.17
100,000 * Balance *= 150,000 16 19.94 11.682 337.12 2.18 62.76 $150,000 $2,027,253.17
150,000 * Balance *= 207,000 7 11.99 11.879 330.00 1.49 63.55 $195,000 $1,219,101.96
207,000 * Balance *= 250,000 4 9.10 11.788 358.49 1.51 59.02 $250,000 $924,635.98
250,000 * Balance *= 300,000 1 2.65 11.150 358.00 2.00 65.00 $269,000 $269,000.00
300,000 * Balance *= 350,000 1 3.16 11.850 358.00 2.00 65.00 $325,000 $321,386.90
350,000 * Balance *= 400,000 3 10.97 11.502 295.11 .32 60.85 $400,000 $1,115,000.00
450,000 * Balance *= 500,000 1 4.71 12.250 360.00 .00 66.00 $478,500 $478,500.00
500,000 * Balance *= 600,000 2 11.21 11.136 356.93 3.07 62.38 $590,000 $1,139,278.69
600,000 * Balance *= 750,000 2 13.58 12.038 359.48 .52 64.24 $720,000 $1,380,000.00
- -------------------------------------------------------------------------------------------------------------------
Total..... 53100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
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.
</TABLE>
<TABLE>
<CAPTION>
CURRENT MORTGAGE AMOUNT
- -------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
Current # % Rem WA Orig Loan Current
Mortgage Amt. Loan Pool WAC Term Age LTV Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
25,000 * Balance *= 50,000 1 .49 10.500 354.00 6.00 23.00 $50,000 $49,887.84
50,000 * Balance *= 75,000 3 1.99 12.291 358.67 1.33 59.50 $71,500 $202,750.00
75,000 * Balance *= 100,000 12 10.22 12.119 328.55 2.05 56.98 $100,000 $1,038,648.17
100,000 * Balance *= 150,000 16 19.94 11.682 337.12 2.18 62.76 $150,000 $2,027,253.17
150,000 * Balance *= 200,000 7 11.99 11.879 330.00 1.49 63.55 $195,000 $1,219,101.96
200,000 * Balance *= 250,000 4 9.10 11.788 358.49 1.51 59.02 $250,000 $924,635.98
250,000 * Balance *= 300,000 1 2.65 11.150 358.00 2.00 65.00 $269,000 $269,000.00
300,000 * Balance *= 350,000 1 3.16 11.850 358.00 2.00 65.00 $325,000 $321,386.90
350,000 * Balance *= 400,000 3 10.97 11.502 295.11 .32 60.85 $400,000 $1,115,000.00
450,000 * Balance *= 500,000 1 4.71 12.250 360.00 .00 66.00 $478,500 $478,500.00
500,000 * Balance *= 600,000 2 11.21 11.136 356.93 3.07 62.38 $590,000 $1,139,278.69
600,000 * Balance *= 750,000 2 13.58 12.038 359.48 .52 64.24 $720,000 $1,380,000.00
- -------------------------------------------------------------------------------------------------------------------
Total..... 53100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
</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 2 5.74 11.849 236.37 .31 .00 1.00 59.74 59.67 $183,884 $400,000 $583,884 $291,942
CA 9 17.05 11.715 358.28 1.72 .00 5.00 64.02 64.01 $81,250 $720,000 $1,733,056 $192,562
CT 1 6.49 12.625 360.00 .00 .00 .00 62.86 62.86 $660,000 $660,000 $660,000 $660,000
FL 4 6.25 12.073 302.66 2.62 1.00 4.00 63.79 63.55 $97,500 $224,636 $635,032 $158,758
GA 4 5.88 11.806 358.13 1.87 .00 3.00 59.11 59.06 $91,000 $240,000 $597,481 $149,370
IL 3 2.88 11.846 278.26 1.73 1.00 2.00 59.09 59.08 $78,000 $130,000 $292,465 $97,488
MA 2 3.41 11.543 358.00 2.00 2.00 2.00 64.33 64.33 $78,000 $269,000 $347,000 $173,500
NJ 1 1.57 11.500 359.00 1.00 1.00 1.00 64.00 64.00 $160,000 $160,000 $160,000 $160,000
NV 1 3.52 12.100 360.00 .00 .00 .00 65.00 65.00 $357,500 $357,500 $357,500 $357,500
NY 13 21.40 11.853 341.60 2.06 .00 7.00 60.95 60.70 $49,888 $478,500 $2,175,520 $167,348
OH 1 .74 11.550 179.00 1.00 1.00 1.00 50.19 50.19 $75,275 $75,275 $75,275 $75,275
PA 4 3.79 11.850 360.00 .00 .00 .00 64.17 64.17 $68,250 $117,000 $385,450 $96,363
RI 1 .70 13.100 358.00 2.00 2.00 2.00 57.00 57.00 $71,500 $71,500 $71,500 $71,500
TX 7 20.57 11.185 358.05 1.95 .00 5.00 61.09 61.07 $77,000 $589,279 $2,091,279 $298,754
- -----------------------------------------------------------------------------------------------------------------------------------
Total.. 53 100.00%11.752 340.79 1.58 .00 7.00 61.89 61.81 $49,888 $720,000 $10,165,443 $191,801
==================================================================================================================================
</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. 9 9.73 11.851 297.37 3.01 62.26 $150,000 $988,717.48
Investor 44 90.27 11.741 345.46 1.43 61.85 $720,000 $9,176,725.23
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
DOCUMENTATION LEVEL
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Pool WAC Term Age LTV Amount Balance
Full Documentation 53 100.00 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
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.
</TABLE>
<TABLE>
<CAPTION>
LOAN-PURPOSE
- ------------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Principal Current
Loan Pool WAC Term Age LTV Balance Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Purchase 12 12.39 12.147 343.78 1.48 61.91 $184,500 $1,259,553.58
Refinance/No ETO 39 85.57 11.693 339.96 1.56 61.99 $720,000 $8,698,889.13
Refinance/ETO 1 1.28 11.800 356.00 4.00 65.00 $130,000 $130,000.00
Debt Consolidation 1 .76 11.850 359.00 1.00 45.30 $77,000 $77,000.00
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
===================================================================================================================
LOAN GRADE
- --------------------------------------------------------------------------------------------------------------
WA WA Max. Orig Total
# % Rem WA Orig Loan Current
Loan Grade Loan Pool WAC Term Age LTV Amount Balance
A 50 89.16 11.670 338.47 1.76 61.80 $720,000 $9,063,477.39
B 1 .83 12.250 358.00 2.00 51.00 $84,500 $84,465.32
B- 2 10.01 12.441 360.00 .00 63.61 $660,000 $1,017,500.00
- --------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 61.89 $720,000 $10,165,442.71
==============================================================================================================
ACTUAL NEXT PAYMENT DUE DATE
- -------------------------------------------------------------------------------------------------------------------
Next WA Max. Orig Total
Due # % Rem WA Loan Current
Date Loan Pool WAC Term Age Amount Balance
03/01/97 4 6.21 11.383 357.12 2.88 $269,000 $631,762.74
04/01/97 49 93.79 11.776 339.70 1.50 $720,000 $9,533,679.97
- -------------------------------------------------------------------------------------------------------------------
Total..... 53 100.00% 11.752 340.79 1.58 $720,000 $10,165,442.71
===================================================================================================================
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.
</TABLE>
Exhibit 99.2
Computational Materials of Salomon Brothers Inc.
COMPUTATIONAL MATERIALS
THE MONEY STORE, INC.
HOME EQUITY LOAN PASS-THROUGH CERTIFICATES, SERIES 1997-A
The Money Store, Inc.
Seller and Servicer
COMPUTATIONAL
MATERIALS
Neither the Seller, the Servicer, the Issuer of the Certificates nor any of its
affiliates, nor Salomon Brothers Inc or any of its affiliates, make any
representation as to the accuracy or completeness of the information herein. The
information herein is preliminary, and will be superseded by the applicable
prospectus supplement and by any other information subsequently filed with the
Securities and Exchange Commission. The information addresses only certain
aspects of the applicable security's characteristics and thus does not provide a
complete assessment. As such, the information may not reflect the impact of all
structural characteristics of the security. The assumptions underlying the
information, including structure and collateral, may be modified from time to
time to reflect changed circumstances. The attached term sheet is not intended
to be a prospectus and any investment decision with respect to the Certificates
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 by 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. All information described herein is preliminary,
limited in nature and subject to completion or amendment. No representation is
made that the above referenced securities will actually perform as described in
any scenario presented. Neither the Seller, the Servicer nor the Issuer of the
Certificates have prepared, reviewed or participated in the preparation hereof,
nor are they responsible for the accuracy hereof and they have not authorized
the dissemination hereof. A final prospectus and prospectus supplement may be
obtained by contacting the Salomon Brothers Syndicate Desk at (212) 783-3727.
<PAGE>
<TABLE>
<CAPTION>
THE MONEY STORE 1997-A
- -----------------------------------------------------------------------------------------------------------------------------------
CLASS A-1 CLASS A-2 CLASS A-3 CLASS A-4 CLASS A-5
<S> <C> <C> <C> <C> <C>
Approx. Principal Amount $94,300,000 $63,100,000 $75,800,000 $61,100,000 $31,100,000
Expected Rating (M/S&P) Aaa/AAA Aaa/AAA Aaa/AAA Aaa/AAA Aaa/AAA
Pricing Prepayment Speed(1) 23% HEP 23% HEP 23% HEP 23% HEP 23% HEP
Coupon 6.485% 6.540% 6.645% 6.885% 7.050%
Weighted Avg. Life
(to Maturity) 0.54 years 1.29 years 2.07 years 3.07 years 4.04 years
Principal Pmt Begins Month 1 Month 12 Month 20 Month 32 Money 47
Principal Pmt Ends Month 12 Month 20 Month 32 Month 47 Month 56
Length of Payment Window 12 Months 9 Months 13 Months 16 Months 10 Months
Expected Final Maturity Mar 15, 1998 Nov 15, 1998 Oct 15, 1999 Dec 15, 2000 Sep 15, 2001
Legal Final Maturity Apr 1, 2027 Apr 1, 2027 Apr 1, 2027 Apr 1, 2027 Apr 1, 2027
Benchmark Security Curve Curve 2 Yr. UST 3 Yr. UST Curve
First Payment Date Apr 25, 1997 Apr 25, 1997 Apr 25, 1997 Apr 25, 1997 Apr 25, 1997
Settlement Date Mar 31, 1997 Mar 31, 1997 Mar 31, 1997 Mar 31, 1997 Mar 31, 1997
CLASS A-6 CLASS A-7 CLASS A-8 CLASS A-9 CLASS A-10
Approx. Principal Amount $45,000,000 $30,600,000 $32,000,000 $37,000,000 $260,000,000
Expected Rating (M/S&P) Aaa/AAA Aaa/AAA Aaa/AAA Aaa/AAA Aaa/AAA
Pricing Prepayment Speed(1) 23% HEP 23% HEP 23% HEP 23% HEP 25% CPR
Coupon 7.200% 7.425% 7.675% 7.205% 5.988%
Weighted Avg. Life
(to Maturity) 5.19 years 7.20 years 11.34 years 6.97 years ---
Principal Pmt Begins Month 56 Month 76 Month 115 Month 37 Month 1
Principal Pmt Ends Month 76 Month 115 Month 216 Month 203 Month 66
Length of Payment Window 21 Months 40 Months 102 Months 167 Months 66 Months
Expected Final Maturity May 15, 2003 Oct 15, 2005 Mar 15, 2014 Feb 15, 2014 Sep 15, 2002
Legal Final Maturity Apr 1, 2027 Apr 1, 2027 Apr 1, 2027 Apr 1, 2027 Apr 1, 2027
Benchmark Security 5 Yr. UST Curve 10 Yr. UST Curve 1 mo. LIBOR
First Payment Date Apr 25, 1997 Apr 25, 1997 Apr 25, 1997 Apr 25, 1997 Apr 25, 1997
Settlement Date Mar 31, 1997 Mar 31, 1997 Mar 31, 1997 Mar 31, 1997 Mar 31, 1997
</TABLE>
<PAGE>
Salomon Brothers Inc.
<TABLE>
<CAPTION>
CURRENT BALANCE: $94,300,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $94,300,000.00 BOND A1 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.533 6.540 6.538 6.535 6.531 6.529 6.527
99-24+ 6.503 6.515 6.511 6.507 6.499 6.496 6.493
99-25 6.473 6.489 6.484 6.478 6.468 6.463 6.458
99-25+ 6.443 6.464 6.457 6.449 6.436 6.430 6.423
99-26 6.412 6.439 6.430 6.421 6.404 6.396 6.388
99-26+ 6.382 6.414 6.403 6.392 6.372 6.363 6.354
99-27 6.352 6.388 6.376 6.364 6.341 6.330 6.319
99-27+ 6.322 6.363 6.349 6.335 6.309 6.297 6.284
99-28 6.291 6.338 6.322 6.306 6.277 6.264 6.250
99-28+ 6.261 6.313 6.295 6.278 6.245 6.231 6.215
99-29 6.231 6.288 6.268 6.249 6.214 6.197 6.180
99-29+ 6.201 6.262 6.241 6.221 6.182 6.164 6.146
99-30 6.171 6.237 6.214 6.192 6.150 6.131 6.111
99-30+ 6.140 6.212 6.187 6.163 6.118 6.098 6.076
99-31 6.110 6.187 6.160 6.135 6.087 6.065 6.042
99-31+ 6.080 6.162 6.133 6.106 6.055 6.032 6.007
100-00 6.050 6.137 6.106 6.078 6.023 5.999 5.973
100-00+ 6.020 6.111 6.080 6.049 5.992 5.966 5.938
100-01 5.990 6.086 6.053 6.021 5.960 5.933 5.904
100-01+ 5.960 6.061 6.026 5.992 5.928 5.900 5.869
100-02 5.930 6.036 5.999 5.964 5.897 5.867 5.835
100-02+ 5.900 6.011 5.972 5.935 5.865 5.834 5.800
100-03 5.870 5.986 5.945 5.907 5.834 5.801 5.765
100-03+ 5.839 5.961 5.918 5.878 5.802 5.768 5.731
100-04 5.809 5.936 5.892 5.850 5.770 5.735 5.697
100-04+ 5.779 5.910 5.865 5.821 5.739 5.702 5.662
100-05 5.749 5.885 5.838 5.793 5.707 5.669 5.628
100-05+ 5.719 5.860 5.811 5.764 5.676 5.636 5.593
100-06 5.689 5.835 5.784 5.736 5.644 5.603 5.559
100-06+ 5.659 5.810 5.758 5.708 5.613 5.570 5.524
100-07 5.629 5.785 5.731 5.679 5.581 5.537 5.490
100-07+ 5.599 5.760 5.704 5.651 5.550 5.504 5.456
First Payment 0.042 0.042 0.042 0.042 0.042 0.042 0.042
Average Life 0.543 0.653 0.610 0.574 0.516 0.493 0.471
Last Payment 0.958 1.208 1.125 1.042 0.958 0.875 0.875
Mod.Dur. @ 100-00 0.516 0.618 0.578 0.545 0.491 0.470 0.450
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $63,100,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $63,100,000.00 BOND A2 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.611 6.615 6.613 6.612 6.609 6.608 6.607
99-24+ 6.598 6.604 6.602 6.600 6.596 6.593 6.592
99-25 6.585 6.594 6.591 6.588 6.582 6.579 6.576
99-25+ 6.572 6.584 6.580 6.576 6.568 6.564 6.561
99-26 6.559 6.573 6.568 6.564 6.554 6.549 6.545
99-26+ 6.546 6.563 6.557 6.551 6.540 6.535 6.530
99-27 6.533 6.553 6.546 6.539 6.526 6.520 6.514
99-27+ 6.520 6.543 6.535 6.527 6.513 6.505 6.499
99-28 6.507 6.532 6.524 6.515 6.499 6.491 6.483
99-28+ 6.494 6.522 6.512 6.503 6.485 6.476 6.468
99-29 6.481 6.512 6.501 6.491 6.471 6.461 6.452
99-29+ 6.468 6.501 6.490 6.479 6.457 6.447 6.437
99-30 6.455 6.491 6.479 6.467 6.443 6.432 6.421
99-30+ 6.442 6.481 6.468 6.455 6.430 6.417 6.406
99-31 6.429 6.471 6.456 6.442 6.416 6.402 6.390
99-31+ 6.416 6.460 6.445 6.430 6.402 6.388 6.375
100-00 6.403 6.450 6.434 6.418 6.388 6.373 6.359
100-00+ 6.390 6.440 6.423 6.406 6.374 6.359 6.344
100-01 6.377 6.430 6.412 6.394 6.360 6.344 6.328
100-01+ 6.364 6.419 6.401 6.382 6.347 6.329 6.313
100-02 6.351 6.409 6.389 6.370 6.333 6.315 6.297
100-02+ 6.338 6.399 6.378 6.358 6.319 6.300 6.282
100-03 6.326 6.389 6.367 6.346 6.305 6.285 6.267
100-03+ 6.313 6.378 6.356 6.334 6.292 6.271 6.251
100-04 6.300 6.368 6.345 6.322 6.278 6.256 6.236
100-04+ 6.287 6.358 6.333 6.310 6.264 6.241 6.220
100-05 6.274 6.348 6.322 6.298 6.250 6.227 6.205
100-05+ 6.261 6.337 6.311 6.286 6.236 6.212 6.189
100-06 6.248 6.327 6.300 6.273 6.223 6.197 6.174
100-06+ 6.235 6.317 6.289 6.261 6.209 6.183 6.159
100-07 6.222 6.307 6.278 6.249 6.195 6.168 6.143
100-07+ 6.209 6.296 6.267 6.237 6.181 6.154 6.128
First Payment 0.958 1.208 1.125 1.042 0.958 0.875 0.875
Average Life 1.292 1.650 1.507 1.389 1.208 1.135 1.075
Last Payment 1.625 2.125 1.875 1.792 1.542 1.375 1.292
Mod.Dur. @ 100-00 1.200 1.514 1.389 1.286 1.125 1.060 1.005
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $75,800,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $75,800,000.00 BOND A3 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.723 6.726 6.725 6.724 6.722 6.721 6.720
99-24+ 6.715 6.720 6.718 6.717 6.713 6.712 6.710
99-25 6.707 6.713 6.711 6.709 6.704 6.702 6.700
99-25+ 6.698 6.707 6.704 6.701 6.695 6.692 6.690
99-26 6.690 6.700 6.697 6.693 6.686 6.683 6.680
99-26+ 6.682 6.694 6.690 6.686 6.678 6.673 6.669
99-27 6.673 6.687 6.683 6.678 6.669 6.664 6.659
99-27+ 6.665 6.681 6.676 6.670 6.660 6.654 6.649
99-28 6.657 6.674 6.668 6.663 6.651 6.645 6.639
99-28+ 6.648 6.668 6.661 6.655 6.642 6.635 6.629
99-29 6.640 6.661 6.654 6.647 6.633 6.626 6.619
99-29+ 6.632 6.655 6.647 6.639 6.624 6.616 6.609
99-30 6.623 6.649 6.640 6.632 6.615 6.607 6.599
99-30+ 6.615 6.642 6.633 6.624 6.606 6.597 6.589
99-31 6.607 6.636 6.626 6.616 6.597 6.588 6.578
99-31+ 6.598 6.629 6.619 6.609 6.588 6.578 6.568
100-00 6.590 6.623 6.612 6.601 6.580 6.569 6.558
100-00+ 6.582 6.616 6.605 6.593 6.571 6.559 6.548
100-01 6.574 6.610 6.598 6.586 6.562 6.550 6.538
100-01+ 6.565 6.603 6.590 6.578 6.553 6.540 6.528
100-02 6.557 6.597 6.583 6.570 6.544 6.531 6.518
100-02+ 6.549 6.590 6.576 6.563 6.535 6.521 6.508
100-03 6.540 6.584 6.569 6.555 6.526 6.512 6.498
100-03+ 6.532 6.577 6.562 6.547 6.517 6.503 6.488
100-04 6.524 6.571 6.555 6.540 6.508 6.493 6.478
100-04+ 6.516 6.564 6.548 6.532 6.500 6.484 6.468
100-05 6.507 6.558 6.541 6.524 6.491 6.474 6.457
100-05+ 6.499 6.551 6.534 6.517 6.482 6.465 6.447
100-06 6.491 6.545 6.527 6.509 6.473 6.455 6.437
100-06+ 6.482 6.539 6.520 6.501 6.464 6.446 6.427
100-07 6.474 6.532 6.513 6.494 6.455 6.436 6.417
100-07+ 6.466 6.526 6.506 6.486 6.446 6.427 6.407
First Payment 1.625 2.125 1.875 1.792 1.542 1.375 1.292
Average Life 2.073 2.713 2.458 2.250 1.924 1.795 1.682
Last Payment 2.542 3.375 3.042 2.792 2.375 2.208 2.042
Mod.Dur. @ 100-00 1.873 2.401 2.193 2.021 1.747 1.637 1.540
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $61,100,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $61,100,000.00 BOND A4 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.971 6.974 6.973 6.972 6.970 6.968 6.967
99-24+ 6.965 6.969 6.968 6.966 6.963 6.962 6.960
99-25 6.959 6.965 6.963 6.961 6.957 6.955 6.953
99-25+ 6.953 6.960 6.958 6.956 6.951 6.948 6.946
99-26 6.947 6.956 6.953 6.950 6.944 6.942 6.939
99-26+ 6.942 6.951 6.948 6.945 6.938 6.935 6.932
99-27 6.936 6.947 6.943 6.939 6.932 6.928 6.924
99-27+ 6.930 6.942 6.938 6.934 6.926 6.922 6.917
99-28 6.924 6.938 6.933 6.929 6.919 6.915 6.910
99-28+ 6.918 6.933 6.928 6.923 6.913 6.908 6.903
99-29 6.912 6.929 6.924 6.918 6.907 6.901 6.896
99-29+ 6.907 6.924 6.919 6.913 6.901 6.895 6.889
99-30 6.901 6.920 6.914 6.907 6.894 6.888 6.882
99-30+ 6.895 6.915 6.909 6.902 6.888 6.881 6.874
99-31 6.889 6.911 6.904 6.897 6.882 6.875 6.867
99-31+ 6.883 6.906 6.899 6.891 6.876 6.868 6.860
100-00 6.878 6.902 6.894 6.886 6.869 6.861 6.853
100-00+ 6.872 6.898 6.889 6.880 6.863 6.855 6.846
100-01 6.866 6.893 6.884 6.875 6.857 6.848 6.839
100-01+ 6.860 6.889 6.879 6.870 6.851 6.841 6.832
100-02 6.854 6.884 6.874 6.864 6.844 6.834 6.824
100-02+ 6.849 6.880 6.869 6.859 6.838 6.828 6.817
100-03 6.843 6.875 6.865 6.854 6.832 6.821 6.810
100-03+ 6.837 6.871 6.860 6.848 6.826 6.814 6.803
100-04 6.831 6.866 6.855 6.843 6.819 6.808 6.796
100-04+ 6.825 6.862 6.850 6.838 6.813 6.801 6.789
100-05 6.820 6.857 6.845 6.832 6.807 6.794 6.782
100-05+ 6.814 6.853 6.840 6.827 6.801 6.788 6.775
100-06 6.808 6.848 6.835 6.822 6.794 6.781 6.767
100-06+ 6.802 6.844 6.830 6.816 6.788 6.774 6.760
100-07 6.796 6.839 6.825 6.811 6.782 6.768 6.753
100-07+ 6.791 6.835 6.820 6.806 6.776 6.761 6.746
First Payment 2.542 3.375 3.042 2.792 2.375 2.208 2.042
Average Life 3.073 4.125 3.708 3.361 2.831 2.624 2.447
Last Payment 3.708 4.958 4.458 4.042 3.375 3.125 2.875
Mod.Dur. @ 100-00 2.676 3.469 3.162 2.899 2.486 2.321 2.177
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $31,100,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $31,100,000.00 BOND A5 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.141 7.144 7.143 7.142 7.140 7.139 7.138
99-24+ 7.137 7.141 7.139 7.138 7.135 7.134 7.133
99-25 7.132 7.137 7.136 7.134 7.130 7.129 7.127
99-25+ 7.128 7.134 7.132 7.130 7.126 7.123 7.121
99-26 7.123 7.130 7.128 7.125 7.121 7.118 7.115
99-26+ 7.118 7.127 7.124 7.121 7.116 7.113 7.110
99-27 7.114 7.123 7.120 7.117 7.111 7.107 7.104
99-27+ 7.109 7.119 7.116 7.113 7.106 7.102 7.098
99-28 7.105 7.116 7.112 7.108 7.101 7.097 7.093
99-28+ 7.100 7.112 7.108 7.104 7.096 7.091 7.087
99-29 7.096 7.109 7.104 7.100 7.091 7.086 7.081
99-29+ 7.091 7.105 7.101 7.096 7.086 7.081 7.076
99-30 7.086 7.102 7.097 7.092 7.081 7.076 7.070
99-30+ 7.082 7.098 7.093 7.087 7.076 7.070 7.064
99-31 7.077 7.095 7.089 7.083 7.071 7.065 7.059
99-31+ 7.073 7.091 7.085 7.079 7.066 7.060 7.053
100-00 7.068 7.088 7.081 7.075 7.061 7.054 7.047
100-00+ 7.064 7.084 7.077 7.070 7.056 7.049 7.042
100-01 7.059 7.080 7.073 7.066 7.051 7.044 7.036
100-01+ 7.054 7.077 7.069 7.062 7.047 7.038 7.030
100-02 7.050 7.073 7.066 7.058 7.042 7.033 7.024
100-02+ 7.045 7.070 7.062 7.054 7.037 7.028 7.019
100-03 7.041 7.066 7.058 7.049 7.032 7.023 7.013
100-03+ 7.036 7.063 7.054 7.045 7.027 7.017 7.007
100-04 7.032 7.059 7.050 7.041 7.022 7.012 7.002
100-04+ 7.027 7.056 7.046 7.037 7.017 7.007 6.996
100-05 7.022 7.052 7.042 7.032 7.012 7.001 6.990
100-05+ 7.018 7.049 7.038 7.028 7.007 6.996 6.985
100-06 7.013 7.045 7.035 7.024 7.002 6.991 6.979
100-06+ 7.009 7.042 7.031 7.020 6.997 6.985 6.973
100-07 7.004 7.038 7.027 7.016 6.992 6.980 6.968
100-07+ 7.000 7.034 7.023 7.011 6.987 6.975 6.962
First Payment 3.708 4.958 4.458 4.042 3.375 3.125 2.875
Average Life 4.040 5.468 4.894 4.429 3.703 3.411 3.156
Last Payment 4.458 6.042 5.375 4.875 4.042 3.708 3.458
Mod.Dur. @ 100-00 3.397 4.384 3.999 3.676 3.149 2.929 2.734
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $45,000,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $45,000,000.00 BOND A6 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.297 7.300 7.299 7.298 7.296 7.295 7.294
99-24+ 7.293 7.297 7.296 7.294 7.292 7.291 7.289
99-25 7.289 7.294 7.292 7.291 7.288 7.286 7.285
99-25+ 7.286 7.291 7.289 7.287 7.284 7.282 7.280
99-26 7.282 7.288 7.286 7.284 7.280 7.278 7.275
99-26+ 7.278 7.285 7.283 7.281 7.276 7.273 7.271
99-27 7.274 7.282 7.280 7.277 7.272 7.269 7.266
99-27+ 7.271 7.279 7.277 7.274 7.268 7.265 7.262
99-28 7.267 7.277 7.274 7.270 7.264 7.260 7.257
99-28+ 7.263 7.274 7.270 7.267 7.260 7.256 7.252
99-29 7.260 7.271 7.267 7.263 7.256 7.252 7.248
99-29+ 7.256 7.268 7.264 7.260 7.252 7.247 7.243
99-30 7.252 7.265 7.261 7.257 7.248 7.243 7.239
99-30+ 7.248 7.262 7.258 7.253 7.244 7.239 7.234
99-31 7.245 7.259 7.255 7.250 7.240 7.235 7.229
99-31+ 7.241 7.257 7.252 7.246 7.236 7.230 7.225
100-00 7.237 7.254 7.248 7.243 7.232 7.226 7.220
100-00+ 7.234 7.251 7.245 7.239 7.228 7.222 7.216
100-01 7.230 7.248 7.242 7.236 7.224 7.217 7.211
100-01+ 7.226 7.245 7.239 7.233 7.220 7.213 7.206
100-02 7.222 7.242 7.236 7.229 7.216 7.209 7.202
100-02+ 7.219 7.239 7.233 7.226 7.212 7.204 7.197
100-03 7.215 7.237 7.230 7.222 7.208 7.200 7.193
100-03+ 7.211 7.234 7.226 7.219 7.204 7.196 7.188
100-04 7.208 7.231 7.223 7.215 7.200 7.192 7.183
100-04+ 7.204 7.228 7.220 7.212 7.196 7.187 7.179
100-05 7.200 7.225 7.217 7.209 7.192 7.183 7.174
100-05+ 7.196 7.222 7.214 7.205 7.188 7.179 7.170
100-06 7.193 7.219 7.211 7.202 7.184 7.174 7.165
100-06+ 7.189 7.217 7.208 7.198 7.180 7.170 7.160
100-07 7.185 7.214 7.204 7.195 7.176 7.166 7.156
100-07+ 7.182 7.211 7.201 7.192 7.172 7.161 7.151
First Payment 4.458 6.042 5.375 4.875 4.042 3.708 3.458
Average Life 5.193 7.212 6.402 5.738 4.740 4.356 4.025
Last Payment 6.125 8.625 7.625 6.792 5.542 5.042 4.708
Mod.Dur. @ 100-00 4.179 5.424 4.946 4.533 3.874 3.608 3.372
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $30,600,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $30,600,000.00 BOND A7 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.530 7.532 7.531 7.531 7.529 7.528 7.527
99-24+ 7.527 7.530 7.529 7.528 7.526 7.524 7.523
99-25 7.524 7.527 7.526 7.525 7.522 7.521 7.520
99-25+ 7.521 7.525 7.524 7.523 7.519 7.518 7.516
99-26 7.518 7.523 7.521 7.520 7.516 7.514 7.512
99-26+ 7.515 7.521 7.519 7.517 7.513 7.511 7.509
99-27 7.512 7.518 7.517 7.515 7.510 7.507 7.505
99-27+ 7.509 7.516 7.514 7.512 7.507 7.504 7.501
99-28 7.507 7.514 7.512 7.509 7.504 7.501 7.498
99-28+ 7.504 7.511 7.509 7.506 7.501 7.497 7.494
99-29 7.501 7.509 7.507 7.504 7.497 7.494 7.490
99-29+ 7.498 7.507 7.504 7.501 7.494 7.491 7.487
99-30 7.495 7.505 7.502 7.498 7.491 7.487 7.483
99-30+ 7.492 7.502 7.499 7.496 7.488 7.484 7.479
99-31 7.489 7.500 7.497 7.493 7.485 7.480 7.476
99-31+ 7.486 7.498 7.494 7.490 7.482 7.477 7.472
100-00 7.483 7.495 7.492 7.488 7.479 7.474 7.469
100-00+ 7.480 7.493 7.489 7.485 7.475 7.470 7.465
100-01 7.478 7.491 7.487 7.482 7.472 7.467 7.461
100-01+ 7.475 7.489 7.484 7.480 7.469 7.463 7.458
100-02 7.472 7.486 7.482 7.477 7.466 7.460 7.454
100-02+ 7.469 7.484 7.480 7.474 7.463 7.457 7.450
100-03 7.466 7.482 7.477 7.472 7.460 7.453 7.447
100-03+ 7.463 7.479 7.475 7.469 7.457 7.450 7.443
100-04 7.460 7.477 7.472 7.466 7.454 7.447 7.439
100-04+ 7.457 7.475 7.470 7.464 7.450 7.443 7.436
100-05 7.455 7.473 7.467 7.461 7.447 7.440 7.432
100-05+ 7.452 7.470 7.465 7.459 7.444 7.436 7.429
100-06 7.449 7.468 7.462 7.456 7.441 7.433 7.425
100-06+ 7.446 7.466 7.460 7.453 7.438 7.430 7.421
100-07 7.443 7.463 7.457 7.451 7.435 7.426 7.418
100-07+ 7.440 7.461 7.455 7.448 7.432 7.423 7.414
First Payment 6.125 8.625 7.625 6.792 5.542 5.042 4.708
Average Life 7.201 9.993 8.949 8.021 6.487 5.882 5.369
Last Payment 8.542 11.625 10.458 9.458 7.708 6.958 6.292
Mod.Dur. @ 100-00 5.373 6.799 6.300 5.822 4.960 4.592 4.268
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $32,000,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $32,000,000.00 BOND A8 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.789 7.790 7.790 7.790 7.789 7.788 7.787
99-24+ 7.787 7.789 7.788 7.788 7.786 7.786 7.785
99-25 7.785 7.787 7.786 7.785 7.784 7.783 7.782
99-25+ 7.783 7.785 7.784 7.783 7.782 7.781 7.780
99-26 7.780 7.783 7.782 7.781 7.779 7.778 7.777
99-26+ 7.778 7.781 7.780 7.779 7.777 7.776 7.774
99-27 7.776 7.779 7.778 7.777 7.775 7.773 7.772
99-27+ 7.774 7.777 7.776 7.775 7.773 7.771 7.769
99-28 7.772 7.776 7.775 7.773 7.770 7.769 7.767
99-28+ 7.770 7.774 7.773 7.771 7.768 7.766 7.764
99-29 7.768 7.772 7.771 7.769 7.766 7.764 7.762
99-29+ 7.765 7.770 7.769 7.767 7.764 7.761 7.759
99-30 7.763 7.768 7.767 7.765 7.761 7.759 7.757
99-30+ 7.761 7.766 7.765 7.763 7.759 7.757 7.754
99-31 7.759 7.765 7.763 7.761 7.757 7.754 7.751
99-31+ 7.757 7.763 7.761 7.759 7.754 7.752 7.749
100-00 7.755 7.761 7.759 7.757 7.752 7.749 7.746
100-00+ 7.753 7.759 7.757 7.755 7.750 7.747 7.744
100-01 7.750 7.757 7.755 7.753 7.748 7.745 7.741
100-01+ 7.748 7.755 7.753 7.751 7.745 7.742 7.739
100-02 7.746 7.753 7.751 7.749 7.743 7.740 7.736
100-02+ 7.744 7.752 7.749 7.747 7.741 7.737 7.734
100-03 7.742 7.750 7.747 7.745 7.739 7.735 7.731
100-03+ 7.740 7.748 7.745 7.743 7.736 7.733 7.728
100-04 7.738 7.746 7.744 7.741 7.734 7.730 7.726
100-04+ 7.735 7.744 7.742 7.739 7.732 7.728 7.723
100-05 7.733 7.742 7.740 7.737 7.730 7.725 7.721
100-05+ 7.731 7.741 7.738 7.735 7.727 7.723 7.718
100-06 7.729 7.739 7.736 7.733 7.725 7.721 7.716
100-06+ 7.727 7.737 7.734 7.731 7.723 7.718 7.713
100-07 7.725 7.735 7.732 7.729 7.721 7.716 7.711
100-07+ 7.723 7.733 7.730 7.726 7.718 7.713 7.708
First Payment 8.542 11.625 10.458 9.458 7.708 6.958 6.292
Average Life 11.337 14.607 13.424 12.333 10.422 9.566 8.757
Last Payment 16.958 20.958 19.625 18.208 15.708 14.792 14.125
Mod.Dur. @ 100-00 7.238 8.417 8.024 7.628 6.851 6.464 6.077
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $37,000,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $37,000,000.00 BOND A9 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 17.00%/ 19.00%/ 21.00%/ 25.00%/ 27.00%/ 29.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.304 7.305 7.305 7.304 7.304 7.304 7.304
99-24+ 7.301 7.302 7.302 7.302 7.301 7.301 7.300
99-25 7.298 7.299 7.299 7.299 7.298 7.297 7.297
99-25+ 7.295 7.297 7.296 7.296 7.295 7.294 7.294
99-26 7.292 7.294 7.293 7.293 7.292 7.291 7.291
99-26+ 7.289 7.291 7.290 7.290 7.289 7.288 7.287
99-27 7.286 7.288 7.288 7.287 7.285 7.285 7.284
99-27+ 7.283 7.285 7.285 7.284 7.282 7.282 7.281
99-28 7.280 7.283 7.282 7.281 7.279 7.279 7.278
99-28+ 7.277 7.280 7.279 7.278 7.276 7.275 7.275
99-29 7.274 7.277 7.276 7.275 7.273 7.272 7.271
99-29+ 7.271 7.274 7.273 7.272 7.270 7.269 7.268
99-30 7.268 7.272 7.270 7.269 7.267 7.266 7.265
99-30+ 7.265 7.269 7.268 7.266 7.264 7.263 7.262
99-31 7.262 7.266 7.265 7.263 7.261 7.260 7.258
99-31+ 7.259 7.263 7.262 7.260 7.258 7.257 7.255
100-00 7.256 7.260 7.259 7.257 7.255 7.253 7.252
100-00+ 7.253 7.258 7.256 7.255 7.252 7.250 7.249
100-01 7.250 7.255 7.253 7.252 7.249 7.247 7.246
100-01+ 7.247 7.252 7.250 7.249 7.245 7.244 7.242
100-02 7.244 7.249 7.248 7.246 7.242 7.241 7.239
100-02+ 7.241 7.247 7.245 7.243 7.239 7.238 7.236
100-03 7.238 7.244 7.242 7.240 7.236 7.234 7.233
100-03+ 7.235 7.241 7.239 7.237 7.233 7.231 7.230
100-04 7.232 7.238 7.236 7.234 7.230 7.228 7.226
100-04+ 7.229 7.235 7.233 7.231 7.227 7.225 7.223
100-05 7.226 7.233 7.230 7.228 7.224 7.222 7.220
100-05+ 7.223 7.230 7.228 7.225 7.221 7.219 7.217
100-06 7.220 7.227 7.225 7.222 7.218 7.216 7.214
100-06+ 7.217 7.224 7.222 7.219 7.215 7.213 7.210
100-07 7.214 7.222 7.219 7.217 7.212 7.209 7.207
100-07+ 7.211 7.219 7.216 7.214 7.209 7.206 7.204
First Payment 3.042 3.042 3.042 3.042 3.042 3.042 3.042
Average Life 6.973 7.808 7.496 7.222 6.748 6.544 6.359
Last Payment 16.875 20.958 19.542 18.208 15.708 14.708 14.125
Mod.Dur. @ 100-00 5.168 5.593 5.438 5.299 5.048 4.937 4.834
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $260,000,000.00 DATED DATE: 03/15/97
CURRENT COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $260,000,000.00 BOND A10 DISCOUNT MARGIN ACT/360 TABLE YIELD TABLE DATE: 03/31/97
ASSUMED CONSTANT LIBOR-1M 5.4688
PRICING SPEED
FIX (HEP) 23.0%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/
ARM (CPR) 25.00 19.00 21.00 23.00 27.00 29.00 31.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 26.760 23.509 24.567 25.650 27.900 29.074 30.284
99-24+ 25.896 22.849 23.841 24.856 26.965 28.065 29.199
99-25 25.033 22.190 23.115 24.062 26.030 27.057 28.115
99-25+ 24.169 21.531 22.390 23.268 25.095 26.048 27.030
99-26 23.306 20.872 21.664 22.475 24.160 25.040 25.946
99-26+ 22.444 20.213 20.939 21.682 23.226 24.032 24.863
99-27 21.581 19.554 20.214 20.889 22.292 23.025 23.779
99-27+ 20.719 18.895 19.489 20.096 21.358 22.017 22.696
99-28 19.857 18.237 18.764 19.304 20.425 21.010 21.613
99-28+ 18.995 17.579 18.040 18.511 19.492 20.003 20.530
99-29 18.133 16.920 17.315 17.719 18.559 18.997 19.448
99-29+ 17.272 16.263 16.591 16.927 17.626 17.990 18.366
99-30 16.411 15.605 15.867 16.135 16.693 16.984 17.284
99-30+ 15.550 14.947 15.143 15.344 15.761 15.979 16.203
99-31 14.689 14.290 14.420 14.553 14.829 14.973 15.122
99-31+ 13.828 13.633 13.696 13.762 13.897 13.968 14.041
100-00 12.968 12.976 12.973 12.971 12.965 12.963 12.960
100-00+ 12.108 12.319 12.250 12.180 12.034 11.958 11.880
100-01 11.248 11.662 11.527 11.390 11.103 10.954 10.799
100-01+ 10.389 11.006 10.805 10.599 10.172 9.949 9.720
100-02 9.529 10.349 10.082 9.809 9.242 8.945 8.640
100-02+ 8.670 9.693 9.360 9.019 8.311 7.942 7.561
100-03 7.811 9.037 8.638 8.230 7.381 6.938 6.482
100-03+ 6.952 8.381 7.916 7.440 6.451 5.935 5.403
100-04 6.094 7.726 7.194 6.651 5.522 4.932 4.325
100-04+ 5.236 7.070 6.473 5.862 4.592 3.929 3.247
100-05 4.378 6.415 5.752 5.073 3.663 2.927 2.169
100-05+ 3.520 5.760 5.031 4.285 2.734 1.925 1.091
100-06 2.662 5.105 4.310 3.496 1.805 0.923 0.014
100-06+ 1.805 4.450 3.589 2.708 0.877 -0.079 -1.063
100-07 0.948 3.795 2.868 1.920 -0.051 -1.080 -2.140
100-07+ 0.091 3.141 2.148 1.132 -0.979 -2.081 -3.216
First Payment 0.042 0.042 0.042 0.042 0.042 0.042 0.042
Average Life 1.953 2.633 2.365 2.142 1.791 1.650 1.526
Last Payment 5.458 7.458 6.625 6.042 5.042 4.625 4.292
Mod.Dur. @ 100-00 1.744 2.284 2.075 1.897 1.611 1.493 1.389
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $60,000,000.00 DATED DATE: 03/31/97
CURRENT COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $60,000,000.00 BOND A11 DISCOUNT MARGIN ACT/360 TABLE YIELD TABLE DATE: 03/31/97
ASSUMED CONSTANT LIBOR-1M 5.4688
PRICING SPEED
FIX (HEP) 23.0%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/
ARM (CPR) 25.00 19.00 21.00 23.00 27.00 29.00 31.00
MF (CPR) VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR VECTOR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 23.460 22.748 22.976 23.214 23.714 23.977 24.249
99-24+ 23.227 22.560 22.774 22.997 23.466 23.713 23.967
99-25 22.995 22.372 22.572 22.780 23.218 23.448 23.685
99-25+ 22.763 22.185 22.370 22.563 22.970 23.184 23.404
99-26 22.531 21.997 22.169 22.347 22.722 22.919 23.123
99-26+ 22.299 21.810 21.967 22.130 22.474 22.655 22.841
99-27 22.067 21.622 21.765 21.913 22.226 22.390 22.560
99-27+ 21.835 21.435 21.563 21.697 21.978 22.126 22.279
99-28 21.603 21.248 21.362 21.480 21.731 21.862 21.998
99-28+ 21.372 21.060 21.160 21.264 21.483 21.598 21.716
99-29 21.140 20.873 20.959 21.048 21.235 21.334 21.435
99-29+ 20.908 20.686 20.757 20.831 20.987 21.070 21.154
99-30 20.676 20.498 20.556 20.615 20.740 20.806 20.873
99-30+ 20.445 20.311 20.354 20.399 20.492 20.542 20.592
99-31 20.213 20.124 20.153 20.182 20.245 20.278 20.312
99-31+ 19.982 19.937 19.951 19.966 19.997 20.014 20.031
100-00 19.750 19.750 19.750 19.750 19.750 19.750 19.750
100-00+ 19.519 19.563 19.549 19.534 19.503 19.486 19.469
100-01 19.287 19.376 19.347 19.318 19.255 19.223 19.189
100-01+ 19.056 19.189 19.146 19.102 19.008 18.959 18.908
100-02 18.824 19.002 18.945 18.886 18.761 18.695 18.628
100-02+ 18.593 18.815 18.744 18.670 18.514 18.432 18.347
100-03 18.362 18.628 18.543 18.454 18.267 18.168 18.067
100-03+ 18.131 18.442 18.342 18.238 18.020 17.905 17.786
100-04 17.900 18.255 18.141 18.022 17.773 17.641 17.506
100-04+ 17.668 18.068 17.940 17.807 17.526 17.378 17.226
100-05 17.437 17.881 17.739 17.591 17.279 17.115 16.945
100-05+ 17.206 17.695 17.538 17.375 17.032 16.851 16.665
100-06 16.975 17.508 17.337 17.160 16.785 16.588 16.385
100-06+ 16.745 17.322 17.136 16.944 16.538 16.325 16.105
100-07 16.514 17.135 16.936 16.728 16.291 16.062 15.825
100-07+ 16.283 16.949 16.735 16.513 16.045 15.799 15.545
First Payment 5.458 7.458 6.625 6.042 5.042 4.625 4.292
Average Life 8.600 11.501 10.375 9.419 7.891 7.273 6.730
Last Payment 17.542 22.625 20.792 19.125 16.208 14.958 13.875
Mod.Dur. @ 100-00 6.496 8.039 7.470 6.957 6.079 5.700 5.356
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.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT BALANCE: $10,000,000.00 DATED DATE: 03/01/97
COUPON: TBD mon7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $10,000,000.00 BOND A12 BE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
PRICING SPEED
FIX (HEP) 23.0%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/ 23.00%/
ARM (CPR) 25.00 25.00 25.00 25.00 25.00 25.00 25.00
MF (CPR) VECTOR 4.00 6.00 8.00 12.00 14.00 16.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.589 7.590 7.588 7.586 7.581 7.579 7.577
99-24+ 7.585 7.587 7.584 7.582 7.576 7.573 7.570
99-25 7.582 7.584 7.581 7.577 7.571 7.567 7.564
99-25+ 7.578 7.581 7.577 7.573 7.565 7.562 7.558
99-26 7.575 7.577 7.573 7.569 7.560 7.556 7.551
99-26+ 7.571 7.574 7.570 7.565 7.555 7.550 7.545
99-27 7.567 7.571 7.566 7.561 7.550 7.544 7.538
99-27+ 7.564 7.568 7.562 7.556 7.544 7.538 7.532
99-28 7.560 7.565 7.559 7.552 7.539 7.532 7.525
99-28+ 7.557 7.562 7.555 7.548 7.534 7.526 7.519
99-29 7.553 7.559 7.551 7.544 7.528 7.520 7.513
99-29+ 7.550 7.555 7.548 7.539 7.523 7.515 7.506
99-30 7.546 7.552 7.544 7.535 7.518 7.509 7.500
99-30+ 7.543 7.549 7.540 7.531 7.512 7.503 7.493
99-31 7.539 7.546 7.536 7.527 7.507 7.497 7.487
99-31+ 7.536 7.543 7.533 7.523 7.502 7.491 7.480
100-00 7.532 7.540 7.529 7.518 7.497 7.485 7.474
100-00+ 7.529 7.537 7.525 7.514 7.491 7.480 7.468
100-01 7.525 7.533 7.522 7.510 7.486 7.474 7.461
100-01+ 7.522 7.530 7.518 7.506 7.481 7.468 7.455
100-02 7.518 7.527 7.515 7.502 7.475 7.462 7.448
100-02+ 7.515 7.524 7.511 7.497 7.470 7.456 7.442
100-03 7.511 7.521 7.507 7.493 7.465 7.450 7.436
100-03+ 7.508 7.518 7.504 7.489 7.460 7.445 7.429
100-04 7.504 7.515 7.500 7.485 7.454 7.439 7.423
100-04+ 7.501 7.512 7.496 7.481 7.449 7.433 7.416
100-05 7.497 7.508 7.493 7.477 7.444 7.427 7.410
100-05+ 7.494 7.505 7.489 7.472 7.439 7.421 7.404
100-06 7.490 7.502 7.485 7.468 7.433 7.415 7.397
100-06+ 7.487 7.499 7.482 7.464 7.428 7.410 7.391
100-07 7.483 7.496 7.478 7.460 7.423 7.404 7.385
100-07+ 7.480 7.493 7.474 7.456 7.418 7.398 7.378
First Payment 0.042 0.042 0.042 0.042 0.042 0.042 0.042
Average Life 6.822 8.572 6.944 5.779 4.238 3.709 3.284
Last Payment 27.875 28.292 28.208 27.958 27.042 26.042 24.625
Mod.Dur. @ 100-00 4.429 4.947 4.238 3.700 2.937 2.657 2.422
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.
</TABLE>
WHOLE LOANS REPORT 25
SUMMARY
TOTAL LOANS: 5042
TOTAL CURRENT BALANCE: $210,941,851.44
TOTAL ORIGINAL BALANCE: $0.00 (SOME WERE BLANK OR ZERO)
WEIGHTED AVERAGE MINIMUM MAXIMUM
---------------- ------- -------
MATURITY (YEARS): 0.000 0.000 0.000
(MATURITY CALCULATION METHOD: AMORTIZATION ONLY)
COUPON (GROSS): 11.7021 8.8900 17.9900
SERVICING FEE: 0.0000 0.0000 0.0000
ORIGINAL LTV RATIO: 0.0000 0.0000 0.0000
CURRENT LTV RATIO: 72.1652 4.2300 100.0000
SEASONING (MONTHS): 2.2347 -1.0000 106.0000
(CURRENT DATE USED TO COMPUTE SEASONING: 3/1997 )
FIRST PAYMENT DATE: 2/1997 6/1998 5/1997
ORIGINATION DATE: 12/1996 5/1998 2/1997
MATURITY DATE: 3/2018 5/1998 4/2027
ORIGINAL TERM IN MONTHS: 253.8823 30.0000 360.0000
PAID TO DATES: 3/1997 12/1996 5/1997
CURRENT BALANCE: (AVG.) $41,836.94 $405.13 $455,000.00
ORIGINAL BALANCE: (AVG.) $0.00 $0.00 $0.00
* UNLESS MARKED WITH AN ASTERISK, WEIGHTED AVERAGES
DO NOT INCLUDE ZERO-VALUE DATA.
# OF $ % OF # OF $ % OF
CURRENT BALANCE LOANS $(000) POOL STATE LNS $(000) POOL
- ------------------------------------------- ---------------------------
1 - 50,000 3693 96,207 45.6 NY 309 15,064 7.1
50,001 - 100,000 1054 71,981 34.1 CA 271 14,615 6.9
100,001 - 150,000 208 24,824 11.8 NJ 257 14,482 6.9
150,001 - 200,000 50 8,639 4.1 PA 330 11,833 5.6
200,001 - 207,000 4 819 0.4 IL 257 11,769 5.6
207,001 - 250,000 22 4,996 2.4 OH 288 11,313 5.4
250,001 - 300,000 5 1,332 0.6 WA 263 11,094 5.3
300,001 - 350,000 4 1,330 0.6 NC 187 10,181 4.8
350,001 - 400,000 1 358 0.2 FL 252 9,845 4.7
400,001 - 500,000 1 455 0.2 IN 243 9,357 4.4
=========================================== MI 267 9,243 4.4
TOTAL: 5042 210,942 100.0 MO 202 6,830 3.2
SC 135 6,282 3.0
# OF $ % OF GA 127 4,376 2.1
COUPON LOANS $(000) POOL NM 91 4,286 2.0
- ----------------------------------------- CO 106 4,239 2.0
- 8,990 18 1,266 0.6 MA 68 3,816 1.8
- 31 2,811 1.3 OR 74 3,563 1.7
- 194 14,877 7.1 AZ 95 3,425 1.6
- 208 13,689 6.5 TN 104 3,394 1.6
- 761 45,366 21.5 ID 81 3,321 1.6
- 414 19,747 9.4 KY 83 3,170 1.5
- 931 35,907 17.0 MD 86 3,150 1.5
- 549 20,708 9.8 UT 71 2,645 1.3
- 717 22,763 10.8 TX 56 2,643 1.3
- 383 11,661 5.5 WI 79 2,638 1.3
- 494 13,409 6.4 MN 73 2,613 1.2
- 118 2,666 1.3 KS 74 2,581 1.2
- 164 4,398 2.1 NV 53 2,536 1.2
- 31 903 0.4 OTHER/UNKNOWN
- 16 494 0.2 460 16,639 7.9
- 5 140 0.1 ===========================
- 6 119 0.1 5042 210,942 100.0
- 2 19 0.0
=========================================
TOTAL: 5042 210,942 100.0
# OF $ % OF # OF $ % OF
ORIG LTV LOANS $(000) POOL CURR LTV LOANS $(000) POOL
- ------------------------------------ ------------------------------------
0.01 - 50 0 0 0.0 0.01 - 50 679 19,602 9.3
50.01 - 70 0 0 0.0 50.01 - 70 1269 52,047 24.7
70.01 - 75 0 0 0.0 70.01 - 75 587 27,401 13.0
75.01 - 80 0 0 0.0 75.01 - 80 1495 68,904 32.7
80.01 - 85 0 0 0.0 80.01 - 85 441 18,864 8.9
85.01 - 90 0 0 0.0 85.01 - 90 494 21,542 10.2
90.01 - 95 0 0 0.0 90.01 - 95 69 2,099 1.0
95.01 -100 0 0 0.0 95.01 -100 8 482 0.2
100.01 -150 0 0 0.0 100.01 -150 0 0 0.0
OTHR/UNKN 5402 210,942 100.0 OTHR/UNKN 0 0 0.0
==================================== ====================================
TOTAL: 5402 210,942 100.0 TOTAL: 5402 210,942 100.0
# OF $ % OF
INSURER LOANS $(000) POOL
- -------------------------------------------------------------
00 5402 210,942 100.0
=============================================================
TOTAL: 5402 210,942 100.0
# OF $ % OF
PROP. TYPE / OWNER OCCUP. LOANS $(000) POOL
- -------------------------------------------------------------
01P Single Family Detached = Prima 4234 174,915 82.9
99P = Primary 235 9,804 4.6
04P Two Family = Primary 154 7,047 3.3
01I Single Family Detached = Inves 170 6,496 3.1
09I Three/Four Family = Investment 34 2,584 1.2
09P Three/Four Family = Primary 37 2,400 1.1
03P Single Family Attached = Prima 52 2,215 1.1
04I Two Family = Investment 40 1,849 0.9
01S Single Family Detached = Secon 31 1,168 0.6
Investment 10 776 0.4
05P Townhouse = Primary 23 755 0.4
07P PUD = Primary 8 439 0.2
03I Single Family Attached = Inves 7 266 0.1
03S Single Family Attached = Secon 3 125 0.1
05I Townhouse = Investment 2 45 0.0
07I Townhouse = Second Home 1 35 0.0
99I Second Home 1 22 0.0
=============================================================
TOTAL: 5402 210,942 100.0
# OF $ % OF
LOAN PURPOSE LOANS $(000) POOL
- -------------------------------------------------------------
R 2194 125,032 59.3
P 1744 46,489 22.0
C 901 23,179 11.0
DC 198 16,135 7.6
HI 4 88 0.0
1 19 0.0
=============================================================
TOTAL: 5402 210,942 100.0
# OF $ % OF
PD THRU LOANS $(000) POOL WA LTV
- -------------------------------------------
12/1996 16 822 0.4 0.00
1/1997 147 7,000 3.3 0.00
2/1997 1677 69,037 32.7 0.00
3/1997 3099 130,610 61.9 0.00
4/1997 100 3,382 1.6 0.00
5/1997 3 92 0.0 0.00
===========================================
TOTAL: 5402 210,942 100.0 0.00
# OF $ % OF
DOCUMENTATION TYPE LOANS $(000) POOL
- -------------------------------------------------------------
F = Full Documentation 5402 210,942 100.0
=============================================================
TOTAL: 5402 210,942 100.0
<PAGE>
COPYRIGHT SALOMON BROTHERS INC. 1997.
All Rights Reserved. Unpublished.
This information is proprietary and confidential to Salomon Brothers Inc. and
cannot be duplicated, disclosed to third parties, or used for any purpose not
duely authorized by Salomon Brothers Inc. Any unauthorized use, duplication,
or disclosure is prohibited by law and will result in prosecution.
WHOLE LOANS REPORT 46
SUMMARY
TOTAL LOANS: 2401
TOTAL CURRENT BALANCE: $188,975,067.17
TOTAL ORIGINAL BALANCE: $0.00 (SOME WERE BLANK OR ZERO)
WEIGHTED AVERAGE MINIMUM MAXIMUM
---------------- ------- -------
MATURITY (YEARS): 29.860 14.417 30.083
(MATURITY CALCULATION METHOD: DATES ONLY)
(CURRENT DATE USED FOR MATURITY CALCULATION: 3/1997 )
COUPON (GROSS): 9.8396 7.1250 14.8400
SERVICING FEE: 0.0000 0.0000 0.0000
ORIGINAL LTV RATIO: 0.0000 0.0000 0.0000
CURRENT LTV RATIO: 73.0356 11.4300 100.0000
SEASONING (MONTHS): 1.5490 0.0000 28.0000
(CURRENT DATE USED TO COMPUTE SEASONING: 3/1997 )
FIRST PAYMENT DATE: 2/1997 12/1994 4/1997
ORIGINATION DATE: 12/1996 10/1994 2/1997
MATURITY DATE: 1/2027 8/2011 4/2027
ORIGINAL TERM IN MONTHS: 359.7799 180.0000 360.0000
PAID TO DATES: 3/1997 12/1996 5/1997
CURRENT BALANCE: (AVG.) $78,706.82 $9,994.25 $427,758.81
ORIGINAL BALANCE: (AVG.) $0.00 $0.00 $0.00
MARGIN: 5.7156 0.0000 9.8750
PERIODIC INTEREST RATE CAP: 1.0649 1.0000 3.0000
PERIODIC PAYMENT CAP: 0.0000 0.0000 0.0000
LIFETIME MAXIMUM INTEREST RATE: 15.9169 11.7500 20.8400
LIFETIME MINIMUM INTEREST RATE: 9.8191 * 5.9500 14.8400
NEXT INTEREST RATE CHANGE DATE: 2/27/1998 1/1997 3/2001
FIRST RATE CHANGE DATE: 3/1998 7/1995 3/2001
ORIGINAL INDEX VALUE: 0.0000 0.0000 0.0000
ORIGINAL INTEREST RATE: 9.8333 7.1000 14.8400
CURRENT MINUS ORIG. COUP. (GROSS): 0.0063 0.0000 3.5250
INITIAL PERIODIC RATE CAP: 0.0000 0.0000 0.0000
* UNLESS MARKED WITH AN ASTERISK, WEIGHTED AVERAGES
DO NOT INCLUDE ZERO-VALUE DATA.
# OF $ % OF # OF $ % OF
CURRENT BALANCE LOANS $(000) POOL STATE LNS $(000) POOL
- ------------------------------------------- ---------------------------
1 - 50,000 704 26,895 14.2 IL 220 18,151 9.6
50,001 - 100,000 1175 84,318 44.6 MI 238 15,915 8.4
100,001 - 150,000 350 41,579 22.0 CA 129 15,196 8.0
150,001 - 200,000 101 17,352 9.2 OH 165 11,271 6.0
200,001 - 207,000 4 824 0.4 PA 156 10,719 5.7
207,001 - 250,000 36 8,195 4.3 MA 83 9,172 4.9
250,001 - 300,000 15 4,047 2.1 WA 99 8,705 4.6
300,001 - 350,000 9 2,879 1.5 NJ 84 8,192 4.3
350,001 - 400,000 1 354 0.2 NY 103 7,948 4.2
400,001 - 450,000 6 2,532 1.3 FL 89 6,662 3.5
=========================================== CO 70 6,184 3.3
TOTAL: 2401 188,975 100.0 WI 74 5,519 2.9
UT 44 4,197 2.2
# OF $ % OF MO 70 4,103 2.2
COUPON LOANS $(000) POOL IN 64 3,983 2.1
- ----------------------------------------- OR 47 3,963 2.1
7.125 - 7.125 1 75 0.0 GA 49 3,875 2.1
7.550 - 7.990 19 3,266 1.7 ID 56 3,708 2.0
8.000 - 8.490 143 12,791 6.8 MD 40 3,505 1.9
8.500 - 8.990 401 33,522 17.7 ME 51 3,304 1.7
9.000 - 9.490 223 19,453 10.3 MN 43 3,154 1.7
9.500 - 9.990 511 42,480 22.5 CT 37 3,099 1.6
10.000 - 10.490 384 27,533 14.6 NC 45 2,866 1.5
10.500 - 10.990 334 24,263 12.8 KY 45 2,860 1.5
11.000 - 11.490 148 9,941 5.3 VA 31 2,772 1.5
11.500 - 11.990 117 8,719 4.6 AZ 33 2,672 1.4
12.000 - 12.450 62 3,836 2.0 SC 31 2,155 1.1
12.500 - 12.990 36 1,985 1.1 RI 22 2,091 1.1
13.190 - 13.450 7 457 0.2 KS 35 1,902 1.0
13.500 - 13.990 13 576 0.3 OTHER/UNKNOWN
14.640 - 14.840 2 77 0.0 148 11,131 5.9
========================================= ===========================
TOTAL: 2401 188,975 100.0 2401 188,975 100.0
# OF $ % OF # OF $ % OF
ORIG LTV LOANS $(000) POOL CURR LTV LOANS $(000) POOL
- ------------------------------------ ------------------------------------
0.01 - 50 0 0 0.0 0.01 - 50 176 8,985 4.8
50.01 - 70 0 0 0.0 50.01 - 70 687 47,823 25.3
70.01 - 75 0 0 0.0 70.01 - 75 398 33,105 17.5
75.01 - 80 0 0 0.0 75.01 - 80 904 78,884 41.7
80.01 - 85 0 0 0.0 80.01 - 85 219 17,589 9.3
85.01 - 90 0 0 0.0 85.01 - 90 10 1,554 0.8
90.01 - 95 0 0 0.0 90.01 - 95 5 756 0.4
95.01 -100 0 0 0.0 95.01 -100 2 279 0.1
100.01 -150 0 0 0.0 100.01 -150 0 0 0.0
OTHR/UNKN 2401 188,975 100.0 OTHR/UNKN 0 0 0.0
==================================== ====================================
TOTAL: 2401 188,975 100.0 TOTAL: 2401 188,975 100.0
# OF $ % OF
INSURER LOANS $(000) POOL
- -------------------------------------------------------------
00 2401 188,975 100.0
=============================================================
TOTAL: 2401 188,975 100.0
# OF $ % OF
PROP. TYPE / OWNER OCCUP. LOANS $(000) POOL
- -------------------------------------------------------------
01P Single Family Detached = Prima 2048 162,549 86.0
04P Two Family = Primary 88 7,329 3.9
99P = Primary 64 3,905 2.1
01I Single Family Detached = Inves 57 3,215 1.7
03P Single Family Attached = Prima 31 2,163 1.1
04I Two Family = Investment 21 1,853 1.0
01S Single Family Detached = Secon 20 1,845 1.0
09I Three/Four Family = Investment 21 1,785 0.9
09P Three/Four Family = Primary 18 1,558 0.8
07P PUD = Primary 12 1,212 0.6
05P Townhouse = Primary 13 1,190 0.6
03I Single Family Attached = Inves 4 165 0.1
07I PUD = Investment 1 126 0.1
03S Single Family Attached = Secon 1 39 0.0
05I Townhouse = Investment 1 25 0.0
99I = Investment 1 15 0.0
=============================================================
TOTAL: 2401 188,975 100.0
# OF $ % OF
LOAN PURPOSE LOANS $(000) POOL
- -------------------------------------------------------------
R 1852 148,843 78.8
P 203 21,766 11.5
C 178 9,677 5.1
DC 167 8,647 4.6
HI 1 42 0.0
=============================================================
TOTAL: 2401 188,975 100.0
# OF $ % OF
PD THRU LOANS $(000) POOL WA LTV
- -------------------------------------------
12/1996 6 620 0.3 0.00
1/1997 57 4,782 2.5 0.00
2/1997 416 36,326 19.2 0.00
3/1997 1879 144,449 76.4 0.00
4/1997 40 2,620 1.4 0.00
5/1997 3 179 0.1 0.00
===========================================
TOTAL: 2401 188,975 100.0 0.00
# OF $ % OF
INDEX CODE LOANS $(000) POOL
- -------------------------------------------------------------
6ML = 6 Month Libor 1534 119,072 63.0
228 = 2/28-6 Mo Libor 631 48,813 25.8
327 = 3/27 6 Mo Libor 80 7,429 3.9
426 71 5,442 2.9
1YT = 1 Year Treasury 43 4,632 2.5
1YL = 1 Year Libor 29 2,555 1.4
331 = 1 Month Libor 13 1,032 0.5
=============================================================
TOTAL: 2401 188,975 100.0
# OF $ % OF
DOCUMENTATION TYPE LOANS $(000) POOL
- -------------------------------------------------------------
F = Full Documentation 2401 188,975 100.0
=============================================================
TOTAL: 2401 188,975 100.0
# OF $ % OF
CONVERTIBILITY LOANS $(000) POOL
- -------------------------------------------------------------
2401 188,975 100.0
=============================================================
TOTAL: 2401 188,975 100.0
Copyright Salomon Brothers Inc. 1997.
All Rights Reserved. Unpublished.
This information is proprietary and confidential to Salomon Brothers Inc. and
may not be duplicated, disclosed to third parties, or used for any purpose not
expressly authorized by Salomon Brothers Inc. Any unauthorized use, duplication,
or disclosure is prohibited by law and will result in prosecution.
THE MONEY STORE TRUST, SERIES 1997-A
$800,000,000 (APPROXIMATE)
SUBJECT TO REVISION
COMPUTATIONAL MATERIALS
Recipients must read the information contained in the attached statement. Do
not use or rely on this information if you have not received and reviewed the
statement. If you have not received the statement, call your Merrill Lynch
account executive for another copy:
<PAGE>
The attached tables and other statistical analyses (the "Computational
Materials") are privileged and confidential and are intended for use by the
addressee only. These Computational Materials are furnished to you solely by
Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill Lynch") and not by
the issuer of the securities or any of its affiliates. The issuer of these
securities has not prepared or taken part in the preparation of these materials.
Neither Merrill Lynch, the issuer of the securities nor any of its affiliates
makes any representation as to the accuracy or completeness of the information
herein. The information herein is preliminary, and will be superseded by the
applicable Prospectus Supplement and by any other information subsequently filed
with the Securities and Exchange Commission. The information herein may not be
provided by the addressees to any third party other than the addressee's legal,
tax, financial and/or accounting advisors for the purposes of evaluating said
material.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be stated therein. As such, no assurance can be given as to the
accuracy, appropriateness or completeness of the Computational Materials in any
particular context; or as to whether the Computational Materials and/or the
assumptions upon which they are based reflect present market conditions or
future market performance. These Computational Materials should not be construed
as either projections or predictions or as legal, tax, financial or accounting
advice.
Any yields or weighted average lives shown in the Computational Materials are
based on prepayment assumptions and actual prepayment experience may
dramatically affect such yields or weighted average lives. In addition, it is
possible that prepayments on the underlying assets will occur at rates slower or
faster than the rates assumed in the attached Computational Materials.
Furthermore, unless otherwise provided, the Computational Materials assume no
losses on the underlying assets and no interest shortfall. The specific
characteristics of the securities may differ from those shown in the
Computational Materials due to differences between the actual underlying assets
and the hypothetical assets used in preparing the Computational Materials. The
principal amount and designation of any security described in the Computational
Materials are subject to change prior to issuance.
Although a registration statement (including the prospectus) relating to the
securities discussed in this communication has been filed with the Securities
and Exchange Commission and is effective, the final prospectus supplement
relating to the securities discussed in this communication has not been filed
with the Securities and Exchange Commission. This communication shall not
constitute an offer to sell or the solicitation of any offer to buy nor shall
there be any sale of the securities discussed in this communication in any state
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus and prospectus
supplement relating to the securities discussed in this communication for
definitive Computational Materials on any matter discussed in this
communication.. A final prospectus and prospectus supplement may be obtained by
contacting the Merrill Lynch Trading Desk at (212) 449 - 3659.
Please be advised that asset-backed securities may not be appropriate for all
investors. Potential investors must be willing to assume, among other things,
market price volatility, prepayments, yield curve and interest rate risk.
Investors should fully consider the risk of an investment in these securities.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
<TABLE>
<CAPTION>
TO MATURITY:
Ratings Beg. Amort. End Amort.
CLASS AMOUNT (MDY'S/S&P) WAL (MO./DATE) (MO./DATE)
POOL I (FIXED RATE HOME EQUITY LOANS)
<S> <C> <C> <C> <C> <C>
A-1 $94,300,000 Aaa/AAA 0.54 1/Apr.-97 12/Mar.-98
A-2 $63,100,000 Aaa/AAA 1.29 12/Mar.-98 20/Nov.-98
A-3 $75,800,000 Aaa/AAA 2.07 20/Nov.-98 31/Oct.-99
A-4 $61,100,000 Aaa/AAA 3.07 31/Oct.-99 45/Dec.-00
A-5 $31,100,000 Aaa/AAA 4.04 45/Dec.-00
54/Sept.-01
A-6 $45,000,000 Aaa/AAA 5.19 54/Sept.-01 74/May.-03
A-7 $30,600,000 Aaa/AAA 7.20 74/May.-03
103/Oct.-05
A-8 $32,000,000 Aaa/AAA 11.34 103/Oct.-05
204/Mar.-14
A-9 $37,000,000 Aaa/AAA 6.97 37/Apr.-00
203/Feb.-14
POOL II (ADJUSTABLE RATE HOME EQUITY LOANS)
A-10 $260,000,000 Aaa/AAA 1.95 1/Apr.-97
66/Sept.-02
A-11(1) $60,000,000 Aaa/AAA 8.60 66/Sept.-02
211/Oct.-14
POOL III (MULTIFAMILY LOANS)
A-12 $10,000,000 Aaa/AAA 6.82 1/Apr.-97
335/Feb.-25
TO CALL:
POOL I (FIXED RATE HOME EQUITY LOANS)
A-1 $94,300,000 Aaa/AAA 0.54 1/Apr.-97 12/Mar.-98
A-2 $63,100,000 Aaa/AAA 1.29 12/Mar.-98 20/Nov.-98
A-3 $75,800,000 Aaa/AAA 2.07 20/Nov.-98 31/Oct.-99
A-4 $61,100,000 Aaa/AAA 3.07 31/Oct.-99 45/Dec.-00
A-5 $31,100,000 Aaa/AAA 4.04 45/Dec.-00
54/Sept.-01
A-6 $45,000,000 Aaa/AAA 5.19 54/Sept.-01 74/May.-03
A-7 $30,600,000 Aaa/AAA 7.19 74/May.-03
100/Jul.-05
A-8 $32,000,000 Aaa/AAA 8.29 100/Jul.-05
100/Jul.-05
A-9 $37,000,000 Aaa/AAA 6.44 37/Apr.-00
100/Jul.-05
POOL II (ADJUSTABLE RATE HOME EQUITY LOANS)
A-10 $260,000,000 Aaa/AAA 1.95 1/Apr.-97
66/Sept.-02
A-11(1) $60,000,000 Aaa/AAA 7.40 66/Sept.-02
100/Jul.-05
POOL III (MULTIFAMILY LOANS)
A-12 $10,000,000 Aaa/AAA 4.94 1/Apr.-97
100/Jul.-05
(1) Not offered by Merrill Lynch.
</TABLE>
<PAGE>
MASTER
SERVICER: The Money Store Inc.
TRUSTEE: The Bank of New York
UNDERWRITER: Prudential Securities (Lead), Merrill Lynch
& Co. (Co.) Lehman Brothers (Co.) Bear
Stearns (Co.) and Salomon Brothers (Co.)
EXPECTED
PRICING: Week of March 17, 1997
EXPECETED
SETTLEMENT: Week of March 31, 1997
EXPECTED
CUT-OFF DATE: February 28, 1997
STATED FINAL
MATURITY: 4/27 (Approximate)
INTEREST/
PRINCIPAL: The 15th day (or the next business day if 15th
is not a business day) of each month
beginning 04/15/97.
SMMEA: Only Class A-10 and Class A-11 Certificates
will be SMMEA eligible.
ERISA: Subject to the conditions set forth in the
prospectus, it is believed that the Class A
Certificates would generally be ERISA
eligible. Prospective purchasers should
consult their counsel.
TAX STATUS: On the Closing Date, a REMIC election will be
made with respect to certain assets of the
Trust.
<PAGE>
COLLATERAL: POOL I: Conventional fixed-rate home equity
loans secured by first or second liens on
one- to four-family ("single family") residential
properties, five and six-family residences,
units in planned unit developments and units
in condominium developments plus the Pre-
Funding Account allocated to Pool I.
POOL II: Conventional adjustable rate home
equity loans secured by first liens on one- to
four-family ("single family") residential
properties, units in planned unit developments
and units in condominium developments indexed to
1 Month LIBOR, 6 Month LIBOR, 1-Year CMT plus
the Pre-Funding Account allocated to Pool II.
POOL III: Fixed rate Multifamily Loans secured by
first liens on five or more unit residential and
commercial properties, planned unit developments
and condominiums.
CREDIT
ENHANCEMENT: Overcollateralization including Cross
Collateralization of all of the Pools, plus 100%
MBIA Guarantee of timely receipt of interest on
the Class A Certificates and ultimate receipt of
principal on the Class A Certificates.
CROSS
COLLATERAL-
IZATION: On any Payment Date on which the
Overcollateralization for a Pool is less than
the required Overcollateralization for such
Pool, Excess Spread for such Pool plus the
Excess Spread and Excess Principal from the
other Pools, if any, will be used to make
additional distributions of principal on the
related Class of Class A Certificates until
such Overcollateralization equals the related
required Overcollateralization with respect
to such Pool.
<PAGE>
PRE-FUNDING ACCOUNTS:
Original Pool I Pre-Funding Amount: 25% (approximate)
Original Pool II Pre-Funding Amount: 25% (approximate)
Original Pool III Pre-Funding Amount: 0% (approximate)
The Original Pool I & Pool II Pre-Funding Amounts will be reduced during the
Funding Period by the amounts thereof used to purchase the related Subsequent
Loans. Any amount remaining at the end of the Funding Period in the Pool I &
Pool II Pre-Funding Accounts will be used to prepay principal to the Class
A1-A11 Certificates (Those backed by Pool I & II).
INTEREST DISTRIBUTIONS:
POOL I FIXED RATE HEL CERTIFICATES (A-1 - A-9)
Interest due with respect to the Pool I Certificates, will be interest which has
accrued on the related Certificate Principal Balance during the calendar month
immediately preceding the month in which such Payment date occurs. Interest on
the Pool I Certificates will accrue on the basis of a 360-day year consisting of
twelve 30-day months.
POOL II ADJUSTABLE RATE HEL CERTIFICATES (A-10 - A-11)
Interest due with respect to the Adjustable Rate Certificates will be the
interest that has accrued on the Pool II Certificate Principal Balance at the
Class A-10 & Class A-11 Pass-Through Rate from the preceding Payment Date to and
including the day prior to the current Payment Date. The Class A-10 and Class
A-11 Certificates will settle with 16 and 0 days accrued interest, respectively,
as of the Closing Date.
Calculations of interest on the Pool II Certificates will be made on the basis
of the actual number of days elapsed in the related Accrual Period and in a year
of 360 days. The Class A-10 Pass Through Rate will be equal to the lesser of (i)
One-Month LIBOR plus __% ,(ii) the Class A-10 Net Funds Cap, and (iii) 14%. The
Class A-10 Net Funds Cap generally shall be equal to the weighted average of the
Coupon Rates on the Pool II Loans less the Servicing Fee, the Contingency Fee,
the Surety Premium Amount, Trustee Fee, and, after Month 12, a 0.50% carve out.
On any date after the Clean Up Call Date the Class A-10 Net Margin will double.
The Class A-11 Pass Through Rate will be determined pursuant to an Auction
Procedure. Merrill Lynch will not offer this bond.
POOL III MULTIFAMILY CERTIFICATES (A-12)
Interest due with respect to the Pool III Certificates, will be interest which
has accrued on the related Certificate Principal Balance during the calendar
month immediately preceding the month in which such Payment date occurs.
Interest on the Pool III Certificates will accrue on the basis of a 360-day year
consisting of twelve 30-day months.
SERVICER CLEANUP CALL:
The Servicer, and in certain circumstances, the Insurer, will have the right to
purchase all the Home Equity Loans and Multifamily Loans (collectively, the
"Loans") on any Monthly Remittance Date when the aggregate principal balances of
the Loans have declined to less than 10% of the sum of (i) the aggregate
principal balances of the "Initial Loans" as of the Cut-Off Date and (ii) the
original Pre-Funded Amount.
INSURER CLEANUP CALL:
On and after the date on which the Maximum Subordinated Amount is zero (the
"Cross-Over Date") and on any Remittance Date when Loans with aggregate
principal balances (as of the Cut- Off Date) equaling 25% or more of the sum of
(i) the Original Pool Principal Balance and (ii) the Original Pre-Funded Amount,
if any, have become Liquidated Loans.
<PAGE>
EXPECTED POOL PRICING PREPAYMENT ASSUMPTIONS:
POOL I
The 100% pricing prepayment assumption for Pool I assumes a Home Equity
Prepayment ("HEP") rate of 2.3% per annum of the then outstanding principal
balance of the respective Home Equity Loans in the first month of the life of
the Home Equity Loans and an additional 2.3% per annum in each month thereafter
until the tenth month. Beginning in the tenth month and in each month thereafter
during the life of the Home Equity Loans the pricing prepayment assumption
assumes a conditional prepayment rate of 23% for Pool I per annum each month.
POOL II
Assumes a constant CPR of 25%.
POOL III
The 100% pricing prepayment assumption for Pool III assumes a conditional
prepayment rate (CPR) of 2.0% per annum of the then outstanding principal
balance of the Multifamily Loans in each month in the first forty eight months
of the life of such Multifamily Loans. Beginning in the forty ninth month and in
each month thereafter during the life of the Multifamily Loans the pricing
prepayment assumption assumes a conditional prepayment rate of 10% per annum
each month.
<TABLE>
<CAPTION>
PREPAYMENT SCENARIOS:
SCENARIO 1 SCENARIO 2 SCENARIO3 SCENARIO 4 SCENARIO 5
---------- ---------- --------- ---------- ----------
<S> <C> <C> <C> <C> <C>
Sub-Pool I 0% 75% 100%(2) 125% 150%
Sub-Pool II 0%(1) 20%(1) 25% (1) (2) 30%(1) 35%(1)
Sub-Pool III 0% 75% 100%(2) 125% 150%
(1) Constant CPR.
(2) Pricing Assumption.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CLASS A CERTIFICATE PREPAYMENT SENSITIVITY ANALYSIS:
(assuming [0] bps losses):
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
<S> <C> <C> <C> <C> <C>
Class A-1 WAL (yrs.) 3.84 0.65 0.54 0.47 0.43
Class A-1 Exp. Beg. Am. 1 1 1 1 1
Class A-1 Exp. End. Am. 95 15 12 11 9
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-2 WAL (yrs.) 10.03 1.63 1.29 1.08 0.94
Class A-2 Exp. Beg. Am. 95 15 12 11 9
Class A-2 Exp. End. Am. 145 25 20 17 14
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-3 WAL (yrs.) 13.83 2.68 2.07 1.69 1.43
Class A-3 Exp. Beg. Am. 145 25 20 17 14
Class A-3 Exp. End. Am. 177 41 31 25 22
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-4 WAL (yrs.) 16.24 4.07 3.07 2.47 2.06
Class A-4 Exp. Beg. Am. 177 41 31 25 22
Class A-4 Exp. End. Am. 222 59 45 35 29
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-5 WAL (yrs.) 19.49 5.39 4.04 3.19 2.63
Class A-5 Exp. Beg. Am. 222 59 45 35 29
Class A-5 Exp. End. Am. 246 72 54 42 35
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-6 WAL (yrs.) 22.05 7.10 5.19 4.07 3.29
Class A-6 Exp. Beg. Am. 246 72 54 42 35
Class A-6 Exp. End. Am. 291 103 74 57 46
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-7 WAL (yrs.) 25.88 9.85 7.20 5.43 4.32
Class A-7 Exp. Beg. Am. 291 103 74 57 46
Class A-7 Exp. End. Am. 329 138 103 77 60
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-8 WAL (yrs.) 28.64 14.45 11.34 8.86 6.83
Class A-8 Exp. Beg. Am. 329 138 103 77 60
Class A-8 Exp. End. Am. 358 250 204 172 143
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-9 WAL (yrs.) 14.52 7.77 6.97 6.38 5.92
Class A-9 Exp. Beg. Am. 37 37 37 37 37
Class A-9 Exp. End. Am. 357 250 203 171 143
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-10 WAL (yrs.) 19.47 2.49 1.95 1.59 1.32
Class A-10 Exp. Beg. Am. 1 1 1 1 1
Class A-10 Exp. End. Am. 337 85 66 54 45
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-11 WAL (yrs.) 29.00 10.91 8.60 6.99 5.82
Class A-11 Exp. Beg. Am. 337 85 66 54 45
Class A-11 Exp. End. Am. 360 261 211 174 145
(NO CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-12 WAL (yrs.) 14.61 7.82 6.82 6.08 5.51
Class A-12 Exp. Beg. Am. 1 1 1 1 1
Class A-12 Exp. End. Am. 341 338 335 328 317
<PAGE>
CLASS A CERTIFICATE PREPAYMENT SENSITIVITY ANALYSIS:
(assuming [0] bps losses):
(10% CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-9 WAL (yrs.) 14.51 7.37 6.44 5.67 4.98
Class A-9 Exp. Beg. Am. 37 37 37 37 37
Class A-9 Exp. End. Am. 340 128 100 81 67
(10% CLEAN-UP CALL)
SCENARIO 1 2 3 4 5
- - - - -
Class A-12 WAL (yrs.) 14.61 5.96 4.94 4.23 3.68
Class A-12 Exp. Beg. Am. 1 1 1 1 1
Class A-12 Exp. End. Am. 340 128 100 81 67
</TABLE>
<PAGE>
FOR ADDITIONAL INFORMATION PLEASE CALL:
ASSET BACKED SECURITIES GROUP
Rod Hutter (212) 449-2659
David Steinberg (212) 449-1604
Michael Murphy (212) 449-0843
Scott Henderson (212) 449-3780
ABS/MBS TRADING
Craig Weakley (212) 449-3659
Terrence Mack (212) 449-3659
Scott Soltas (212) 449-5320
Vince Mora (212) 449-5320
THE MONEY STORE 1997-A - FIXED RATE LOANS
<TABLE>
<CAPTION>
Report Profile: FIXED97A SuperCrack Portfolio Summary
P O O L T O T A L S AVERAGE GROSS COUPON - - WTDAVG RMNG TERM WTDAV
# LOANS CURRENT BALANCE CURRBAL WTDAVG MIN MAX STATD CALCD ORIG L T V
5,047 $ 211,346,387 $ 41,876 11.704 8.890 17.990 251.6 253.8
STATE REPORT LOANS CURRENT BAL %POOL GRADE LOANS CURRENT BAL %POOL
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AZ 95 3,427,247 1.62 A 896 39,331,517 18.61
CA 271 14,623,921 6.92 A- 1,446 64,338,219 30.44
CO 106 4,243,897 2.01 B 1,066 41,963,984 19.86
CT 46 1,946,775 0.92 B+ 812 35,111,380 16.61
DC 11 724,422 0.34 B- 574 22,167,291 10.49
DE 36 1,583,652 0.75 C 205 6,693,052 3.17
FL 252 9,852,837 4.66 C+ 39 1,446,881 0.68
GA 127 4,379,788 2.07 C- 9 294,064 0.14
IA 32 827,065 0.39
ID 81 3,322,887 1.57
IL 257 11,777,185 5.57 OCCUPANCY STATUS LOANS CURRENT BAL %POOL
IN 243 9,373,667 4.44
KS 74 2,588,901 1.22 INVESTOR 263 12,034,785 5.69
KY 83 3,172,225 1.50 OWNER OCCUPIED 4,748 197,959,743 93.67
LA 15 1,049,743 0.50 SECOND HOME 36 1,351,860 0.64
MA 68 3,817,604 1.81
MD 86 3,153,284 1.49
ME 57 2,103,045 1.00 PROPERTY TYPE LOANS CURRENT BAL %POOL
MI 269 9,361,581 4.43
MN 73 2,620,115 1.24 SINGLE FAMILY DETACHED 4,440 182,950,929 86.56
MO 203 6,850,005 3.24 SINGLE FAMILY ATTACHED 62 2,607,396 1.23
MS 41 1,329,224 0.63 2 FAMILY 194 8,906,511 4.21
MT 1 15,750 0.01 TOWNHOUSE 26 835,823 0.40
NC 188 10,220,937 4.84 PUD 8 438,998 0.21
ND 5 104,993 0.05 3 TO 4 FAMILY 71 4,988,331 2.36
NE 25 789,430 0.37 UNKNOWN 246 10,618,399 5.02
NH 29 960,362 0.45
NJ 257 14,491,561 6.86
NM 91 4,288,617 2.03 LOANPURP LOANS CURRENT BAL %POOL
NV 53 2,537,384 1.20
NY 309 15,079,566 7.14 CASHOUT 903 23,234,017 10.99
OH 288 11,320,984 5.36 CONSTRUCTION 1 19,000 0.01
OK 57 1,638,804 0.78 DEBT CONSOLIDATION 1,744 46,562,119 22.03
OR 74 3,564,909 1.69 HOME IMPROVEMENT 4 88,560 0.04
PA 330 11,843,028 5.60 PURCHASE 198 16,140,707 7.64
RI 26 942,141 0.45 REFINACE 2,197 125,301,983 59.29
SC 135 6,284,721 2.97
SD 6 196,270 0.09
TN 104 3,397,282 1.61 DOCUMENTATION TYPE LOANS CURRENT BAL %POOL
TX 56 2,645,340 1.25
UT 71 2,646,708 1.25 FULL DOCS 5,047 211,346,387 100.00
VA 53 1,752,743 0.83
VT 10 412,569 0.20
WA 264 11,163,306 5.28 PMI LOANS CURRENT BAL %POOL
WI 79 2,644,762 1.25
WV 1 39,660 0.02 00 5,047 211,346,387 100.00 85
WY 9 235,490 0.11 15
Active Filter: NONE
AMOUNT FINACED LOANS CURRENT BAL %POOL
0.01- 25000.00 1,881 31,046,769 14.69
25000.01- 50000.00 1,811 65,231,132 30.86
50000.01- 75000.00 746 45,203,985 21.39
75000.01- 100000.00 313 27,004,035 12.78
100000.01- 150000.00 209 24,924,554 11.79
150000.01- 200000.00 50 8,642,428 4.09
200000.01- 250000.00 26 5,817,918 2.75
250000.01- 300000.00 5 1,332,192 0.63
300000.01- 350000.00 4 1,330,325 0.63
350000.01- 400000.00 1 358,050 0.17
450000.01- 500000.00 1 455,000 0.22
ORIGINAL TERM LOANS CURRENT BAL %POOL
25- 36 6 106,686 0.05
37- 48 7 108,580 0.05
49- 60 216 2,604,784 1.23
61- 72 27 412,836 0.20
73- 84 74 1,306,516 0.62
85- 96 18 362,029 0.17
97- 108 4 85,714 0.04
109- 120 749 15,044,488 7.12
121- 132 4 148,769 0.07
133- 144 14 347,815 0.16
145- 156 2 50,000 0.02
169- 180 2,127 83,291,340 39.41
193- 204 1 30,000 0.01
205- 216 1 31,000 0.01
229- 240 326 13,791,030 6.53
241- 252 1 20,255 0.01
253- 264 1 78,432 0.04
289- 300 242 9,992,429 4.73
349- 360 1,227 83,533,684 39.52
WTD AVERAGE: 254
LIEN POSITION LOANS CURRENT BAL %POOL
1 2,985 159,582,912 75.51
2 2,062 51,763,475 24.49
BALLOON INDICATOR LOANS CURRENT BAL %POOL
NON-BALLOON 4,736 187,775,137 88.
BALLON LOANS 311 23,571,250 11.
Requested by: V0.32
</TABLE>
<TABLE>
<CAPTION>
THE MONEY STORE 1997-A - FIXED RATE LOANS
Report Profile: FIXED97A
SuperCrack Portfolio Summary
P O O L T O T A L S AVERAGE - - GROSS COUPON - - - WTD AVG RMNG TERM WTDAV
# LOANS CURRENT BALANCE CURRBAL WTDAVG MIN MAX STATD CALCD ORIG L T V
5,047 $ 211,346,387 $ 41,876 11.704 8.890 17.990 251.6 253.8
AMTORTIZATION TERM LOANS CURRENT BAL %POOL RATE REPORT LOANS CURRENT BAL %POOL
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
25- 36 6 106,686 0.05 8.51- 9.00 20 1,736,496 0.82
37- 48 7 108,580 0.05 9.01- 9.50 52 4,512,500 2.14
49- 60 216 2,604,784 1.23 9.51- 10.00 208 15,813,351 7.48
61- 72 27 412,836 0.20 10.01- 10.50 273 17,603,897 8.33
73- 84 74 1,306,516 0.62 10.51- 11.00 733 42,262,339 20.00
85- 96 18 362,029 0.17 11.01- 11.50 536 23,984,632 11.35
97- 108 4 85,714 0.04 11.51- 12.00 851 32,627,320 15.44
109- 120 749 15,044,488 7.12 12.01- 12.50 628 21,251,775 10.06
121- 132 4 148,769 0.07 12.51- 13.00 570 19,362,496 9.16
133- 144 14 347,815 0.16 13.01- 13.50 476 13,401,576 6.34
145- 156 2 50,000 0.02 13.51- 14.00 389 10,660,207 5.04
169- 180 1,816 59,720,091 28.26 14.01- 14.50 142 3,475,794 1.64
193- 204 1 30,000 0.01 14.51- 15.00 122 3,261,832 1.54
205- 216 1 31,000 0.01 15.01- 15.50 21 694,955 0.33
229- 240 327 13,826,416 6.54 15.51- 16.00 13 419,333 0.20
241- 252 1 20,255 0.01 16.51- 17.00 11 259,120 0.12
253- 264 1 78,432 0.04 17.51- 18.00 2 18,763 0.01
289- 300 242 9,992,429 4.73 WTD AVERAGE: 11.70
349- 360 1,537 107,069,549 50.66
WTD AVERAGE: 274 %POOL
FICO SCORE LOANS CURRENT BAL %POOL
COMBINED LOAN TO VALUE LOANS CURRENT BAL %POOL * 1 725 35,220,531 16.66
401- 450 9 275,450 0.13
0.01- 10.00 14 183,290 0.09 451- 500 194 7,851,875 3.72
10.01- 20.00 77 1,317,832 0.62 501- 550 845 33,389,717 15.80
20.01- 30.00 143 3,540,533 1.68 551- 600 1,070 43,874,376 20.76
30.01- 40.00 187 5,884,813 2.78 601- 650 1,065 45,836,941 21.69
40.01- 50.00 260 8,749,756 4.14 651- 700 772 31,401,568 14.86
50.01- 60.00 362 13,598,524 6.43 701- 750 268 10,222,502 4.84
60.01- 70.00 908 38,551,219 18.24 751- 800 96 3,174,746 1.50
70.01- 75.00 587 27,416,247 12.97 801- 850 3 98,681 0.05
75.01- 80.00 1,497 69,066,746 32.68 WTD AVERAGE: 605 for > 0: 176,125,856 83.34
80.01- 85.00 441 18,893,096 8.94
85.01- 90.00 494 21,557,144 10.20
90.01- 95.00 69 2,103,924 1.00 DEBT TO INCOME RATIO LOANS CURRENT BAL %POOL
95.01- 100.00 8 483,263 0.23
WTD AVERAGE: 72.16 0.01- 10.00 34 1,059,360 0.50
10.01- 20.00 523 16,672,610 7.89
20.01- 30.00 1,289 48,669,802 23.03
STEP LOANS LOANS CURRENT BAL %POOL 30.01- 40.00 1,571 64,599,710 30.57
40.01- 50.00 1,345 65,456,912 30.97
NOT STEP LOANS 4,869 205,261,159 97.12 50.01- 60.00 265 13,879,565 6.57
FIXED STEP 178 6,085,228 2.88 60.01- 70.00 18 860,850 0.41
70.01- 80.00 1 67,578 0.03
80.01- 90.00 1 80,000 0.04
WTD AVERAGE: 35.62
Active Filter: NONE
CURRENT BALANCE LOANS CURRENT BAL %POOL
0.01- 10000.00 265 2,107,688 1.00
10000.01- 20000.00 1,087 16,862,721 7.98
20000.01- 30000.00 1,049 26,354,816 12.47
30000.01- 40000.00 760 26,875,018 12.72
40000.01- 50000.00 535 24,218,658 11.46
50000.01- 60000.00 402 22,215,586 10.51
60000.01- 70000.00 251 16,354,367 7.74
70000.01- 80000.00 183 13,777,554 6.52
80000.01- 90000.00 114 9,694,579 4.59
90000.01- 100000.00 106 10,120,681 4.79
100000.01- 150000.00 208 24,828,804 11.75
150000.01- 200000.00 50 8,642,428 4.09
200000.01- 250000.00 26 5,817,918 2.75
250000.01- 300000.00 5 1,332,192 0.63
300000.01- 350000.00 4 1,330,325 0.63
350000.01- 400000.00 1 358,050 0.17
450000.01- 500000.00 1 455,000 0.22
STDRTM LOANS CURRENT BAL
13- 24 4 18,107 0.01
25- 36 13 168,194 0.08
37- 48 7 108,580 0.05
49- 60 218 2,623,578 1.24
61- 72 29 439,220 0.21
73- 84 80 1,506,823 0.71
85- 96 61 1,698,274 0.80
97- 108 7 127,064 0.06
109- 120 735 14,923,523 7.06
121- 132 4 148,769 0.07
133- 144 12 329,021 0.16
145- 156 2 50,000 0.02
157- 168 11 441,611 0.21
169- 180 2,065 81,286,793 38.46
193- 204 1 30,000 0.01
205- 216 1 31,000 0.01
229- 240 326 13,791,030 6.53
241- 252 1 20,255 0.01
253- 264 1 78,432 0.04
277- 288 1 24,021 0.01
289- 300 241 9,968,408 4.72
325- 336 1 98,758 0.05
337- 348 3 273,693 0.13
349- 360 1,223 83,161,233 39.35
WTD AVERAGE: 252
Requested by: V0.32
</TABLE>
<TABLE>
<CAPTION>
THE MONEY STORE 1997-A - ADJUSTABLE RATE LOANS
SuperCrack Portfolio Summary
-P O O L T O T A L S AVERAGE - GROSS COUPON - -RMNG TRM WTDAV - - M A R G I N - -
# LOANS CURRENT BALANCE CURRBAL WTDAVG MIN MAX STATD ORIG LTV WTDAV MIN MAX
2,408 $ 189,732,023 $ 78,792 9.841 7.125 14.840 358.2 359.8 5.712 0.000 10.000
STATE REPORT LOANS CURRENT BAL %POOL GRADE LOANS CURRENT BAL %POOL
<S> <C> <C> <C> <C> <C> <C> <C>
AZ 33 2,672,253 1.41 A 257 22,317,933 11.76
CA 129 15,202,934 8.01 A- 438 40,996,946 21.61
CO 71 6,270,446 3.30 B 679 50,720,122 26.73
CT 37 3,099,916 1.63 B+ 425 35,020,550 18.46
DC 14 1,140,740 0.60 B- 398 28,556,228 15.05
DE 10 910,498 0.48 C 174 9,852,436 5.19
FL 89 6,662,981 3.51 C+ 31 1,902,029 1.00
GA 49 3,875,715 2.04 C- 6 365,781 0.19
IA 10 541,464 0.29
ID 56 3,708,878 1.95
IL 222 18,405,175 9.70 OCCUPANCY STATUS LOANS CURRENT BAL %POOL
IN 64 3,983,766 2.10
KS 35 1,906,621 1.00 INVESTOR 106 7,187,119 3.79
KY 45 2,860,915 1.51 OWNER OCCUPIED 2,281 180,659,997 95.22
LA 1 72,250 0.04 SECOND HOME 21 1,884,907 0.99
MA 83 9,173,988 4.84
MD 40 3,505,612 1.85
ME 52 3,367,059 1.77 PROPERTY TYPE LOANS CURRENT BAL %POOL
MI 238 15,918,056 8.39
MN 43 3,155,310 1.66 SINGLE FAMILY DETACHED 2,131 168,289,077 88.70
MO 71 4,243,897 2.24 SINGLE FAMILY ATTACHED 36 2,368,313 1.25
MS 1 67,574 0.04 2 FAMILY 109 9,184,442 4.84
MT 3 223,624 0.12 TOWNHOUSE 14 1,214,880 0.64
NC 46 2,918,752 1.54 PUD 13 1,338,525 0.71
ND 4 162,253 0.09 3 TO 4 FAMILY 40 3,416,012 1.80
NE 4 170,071 0.09 UNKNOWN 65 3,920,774 2.07
NH 20 1,754,874 0.92
NJ 84 8,195,011 4.32
NM 21 1,580,969 0.83 LOANPURP LOANS CURRENT BAL %POOL
NV 12 1,002,018 0.53
NY 103 7,949,868 4.19 CASHOUT 178 9,680,149 5.10
OH 165 11,272,478 5.94 DEBT CONSOLIDATION 167 8,653,349 4.56
OK 4 242,876 0.13 HOME IMPROVEMENT 2 113,932 0.06
OR 47 3,963,380 2.09 PURCHASE 203 21,772,233 11.48
PA 157 10,840,891 5.71 REFINACE 1,858 149,512,360 78.80
RI 22 2,091,342 1.10
SC 31 2,155,593 1.14
SD 3 187,761 0.10 DOCUMENTATION TYPE LOANS CURRENT BAL %POOL
TN 21 1,590,623 0.84
TX 12 810,367 0.43 FULL DOCS 2,408 189,732,023 100.00
UT 44 4,198,806 2.21
VA 31 2,772,497 1.46
VT 5 391,662 0.21 ORIGINAL TERM LOANS CURRENT BAL %POOL
WA 99 8,707,207 4.59
WI 74 5,519,609 2.91 169- 180 4 231,270 0.12
WV 1 73,500 0.04 349- 360 2,404 189,500,753 99.88
WY 2 209,945 0.11 WTD AVERAGE: 360
Active Filter: NONE
L I F E C A P - - - L I F E F L O O R -
WTDAVG MIN MAX % 0 WTDAVG MIN MAX %0
15.918 11.750 20.840 100 9.640 4.000 14.840 100
AMOUNT FINACED LOANS CURRENT BAL %POOL
0.01- 25000.00 52 1,100,982 0.58
25000.01- 50000.00 650 25,708,325 13.55
50000.01- 75000.00 713 44,095,563 23.24
75000.01- 100000.00 467 40,508,043 21.35
100000.01- 150000.00 351 41,650,202 21.95
150000.01- 200000.00 104 17,830,524 9.40
200000.01- 250000.00 40 9,023,706 4.76
250000.01- 300000.00 15 4,047,765 2.13
300000.01- 350000.00 9 2,880,054 1.52
350000.01- 400000.00 1 353,786 0.19
400000.01- 450000.00 6 2,533,073 1.34
AMTORTIZATION TERM LOANS CURRENT BAL %POOL
169- 180 4 231,270 0.12
349- 360 2,404 189,500,753 99.88
WTD AVERAGE: 360
COMBINED LOAN TO VALUE LOANS CURRENT BAL %POOL
10.01- 20.00 4 132,404 0.07
20.01- 30.00 36 1,425,146 0.75
30.01- 40.00 50 2,470,858 1.30
40.01- 50.00 87 5,020,523 2.65
50.01- 60.00 171 10,802,574 5.69
60.01- 70.00 518 37,161,526 19.59
70.01- 75.00 399 33,289,414 17.55
75.01- 80.00 907 79,247,799 41.77
80.01- 85.00 219 17,591,871 9.27
85.01- 90.00 10 1,554,079 0.82
90.01- 95.00 5 756,728 0.40
95.01- 100.00 2 279,101 0.15
WTD AVERAGE: 73.03
PMI LOANS CURRENT BAL %POOL
00 2,408 189,732,023 100.00
LIEN POSITION LOANS CURRENT BAL %POOL
1 2,408 189,732,023 100.00
Requested by: V0.32
</TABLE>
<TABLE>
<CAPTION>
THE MONEY STORE 1997-A - ADJUSTABLE RATE LOANS
SuperCrack Portfolio Summary
-P O O L T O T A L S AVERAGE - - GROSS COUPON - - -RMNG TRM- WTDAV - - M A R G I N -
# LOANS CURRENT BALANCE CURRBAL WTDAVG MIN MAX STATD ORIG L T V WTDAV MIN MAX
2,408 $ 189,732,023 $ 78,792 9.841 7.125 14.840 358.2 359.8 5.712 0.000 10.000
RATE REPORT LOANS CURRENT BAL %POOL DEBT TO INCOME RATIO LOANS CURRENT BAL %POOL
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
7.01- 7.50 1 74,910 0.04 0.01- 10.00 10 471,302 0.25
7.51- 8.00 24 3,977,121 2.10 10.01- 20.00 272 15,446,616 8.14
8.01- 8.50 178 15,874,840 8.37 20.01- 30.00 608 41,536,557 21.89
8.51- 9.00 401 32,893,840 17.34 30.01- 40.00 743 61,078,422 32.19
9.01- 9.50 401 32,431,641 17.09 40.01- 50.00 626 57,084,513 30.09
9.51- 10.00 423 34,778,078 18.33 50.01- 60.00 139 13,458,197 7.09
10.01- 10.50 365 26,577,294 14.01 60.01- 70.00 8 537,513 0.28
10.51- 11.00 259 19,454,688 10.25 70.01- 80.00 2 118,903 0.06
11.01- 11.50 143 9,977,744 5.26 WTD AVERAGE: 35.93
11.51- 12.00 115 8,023,703 4.23
12.01- 12.50 48 2,993,878 1.58
12.51- 13.00 27 1,480,161 0.78 CURRENT BALANCE LOANS CURRENT BAL %POOL
13.01- 13.50 10 598,691 0.32
13.51- 14.00 11 518,569 0.27 0.01- 10000.00 1 9,997 0.01
14.51- 15.00 2 76,866 0.04 10000.01- 20000.00 15 240,736 0.13
WTD AVERAGE: 9.84 20000.01- 30000.00 112 2,990,512 1.58
30000.01- 40000.00 242 8,529,004 4.50
40000.01- 50000.00 334 15,134,404 7.98
FICO SCORE LOANS CURRENT BAL %POOL 50000.01- 60000.00 323 17,832,922 9.40
60000.01- 70000.00 281 18,359,892 9.68
* 1 343 25,539,658 13.46 70000.01- 80000.00 228 17,225,485 9.08
101- 150 1 101,171 0.05 80000.01- 90000.00 192 16,417,549 8.65
351- 400 1 35,954 0.02 90000.01- 100000.00 155 14,771,329 7.79
401- 450 3 348,843 0.18 100000.01- 150000.00 352 41,849,275 22.06
451- 500 123 8,878,314 4.68 150000.01- 200000.00 102 17,532,534 9.24
501- 550 563 41,271,336 21.75 200000.01- 250000.00 40 9,023,706 4.76
551- 600 579 45,546,363 24.01 250000.01- 300000.00 15 4,047,765 2.13
601- 650 453 40,314,242 21.25 300000.01- 350000.00 9 2,880,054 1.52
651- 700 234 18,683,247 9.85 350000.01- 400000.00 1 353,786 0.19
701- 750 85 7,260,269 3.83 400000.01- 450000.00 6 2,533,073 1.34
751- 800 22 1,693,128 0.89
801- 850 1 59,500 0.03
WTD AVERAGE: 590 for *0: 164,192,366 86.54 STDRTM LOANS CURRENT BAL %POOL
169- 180 4 231,270 0.12
BALLOON INDICATOR LOANS CURRENT BAL %POOL 325- 336 4 337,461 0.18
337- 348 1 31,616 0.02
NON-BALLOON 2,408 189,732,023 100.00 349- 360 2,399 189,131,676 99.68
WTD AVERAGE: 358
STEP LOANS LOANS CURRENT BAL %POOL
PERIODIC CAP REPORT LOANS CURRENT BAL %POOL
NOT STEP LOANS 2,408 189,732,023 100.00
1.000 2,254 174,792,835 92.13
1.500 64 6,491,469 3.42
2.000 84 7,872,707 4.15
3.000 6 575,013 0.30
Active Filter: NONE
- L I F E C A P - - L I F E F L O O R -
WTDAVG MIN MAX %0 WTDAVG MIN MAX %0
15.918 11.750 20.840 100 9.640 4.000 14.840 100
MARGIN REPORT LOANS CURRENT BAL %POOL
* 0.01 4 251,747 0.13
3.01- 3.25 1 29,492 0.02
3.76- 4.00 3 273,493 0.14
4.01- 4.25 1 74,910 0.04
4.26- 4.50 4 479,155 0.25
4.51- 4.75 7 792,808 0.42
4.76- 5.00 238 19,428,912 10.24
5.01- 5.25 504 40,418,588 21.30
5.26- 5.50 579 44,727,881 23.57
5.51- 5.75 296 21,901,606 11.54
5.76- 6.00 258 18,683,848 9.85
6.01- 6.25 103 8,882,633 4.68
6.26- 6.50 138 13,002,161 6.85
6.51- 6.75 83 6,928,258 3.65
6.76- 7.00 51 4,318,373 2.28
7.01- 7.25 37 2,653,740 1.40
7.26- 7.50 34 2,736,486 1.44
7.51- 7.75 19 1,267,956 0.67
7.76- 8.00 11 706,252 0.37
8.01- 8.25 11 642,088 0.34
8.26- 8.50 8 490,828 0.26
8.51- 8.75 5 285,749 0.15
8.76- 9.00 3 130,124 0.07
9.01- 9.25 1 92,824 0.05
9.26- 9.50 4 240,301 0.13
9.51- 9.75 3 149,073 0.08
9.76- 10.00 2 142,736 0.08
WTD AVERAGE: 5.72 for 0: 189,480,276 99.87
INDEX RPEORT LOANS CURRENT BAL %POOL
1 YEAR LIBOR 29 2,555,863 1.35
1 YEAR TREASURY 43 4,632,788 2.44
2/28 6 MONTH LIBOR 632 48,896,642 25.77
3/27 6 MONTH LIBOR 80 7,430,654 3.92
3/3 1 MONTH LIBOR 13 1,031,855 0.54
4/26 6 MONTH LIBOR 71 5,441,860 2.87
6 MONTH LIBOR 1,540 119,742,360 63.11
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
THE MONEY STORE 1997-A - ADJUSTABLE RATE LOANS
SuperCrack Portfolio Summary
-P O O L T O T A L S- AVERAGE - - GROSS COUPON - - -RMNG TRM- ) WTDAV (3) - - M A R G I N - -
# LOANS CURRENT BALANCE CURRBAL WTDAVG MIN MAX STATD ORIG L T V WTDAV MIN MAX
2,408 $ 189,732,023 $ 78,792 9.841 7.125 14.840 358.2 359.8 5.712 0.000 10.000 15.918
LIFECAP LOANS CURRENT BAL %POOL NEXT RATE ADJUSTMENT DA LOANS CURRENT BAL %POOL
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11.51- 12.00 1 263,901 0.14 0001 34 3,015,796 1.59
13.01- 13.50 3 315,305 0.17 0002 12 985,301 0.52
13.51- 14.00 21 3,543,294 1.87 0102 1 53,600 0.03
14.01- 14.50 176 15,798,929 8.33 0103 70 5,388,260 2.84
14.51- 15.00 390 31,951,008 16.84 9704 18 1,520,665 0.80
15.01- 15.50 390 31,080,491 16.38 9705 27 3,175,688 1.67
15.51- 16.00 406 33,215,941 17.51 9706 139 10,983,391 5.79
16.01- 16.50 339 23,886,793 12.59 9707 479 39,496,853 20.82
16.51- 17.00 254 19,128,955 10.08 9708 420 32,473,423 17.12
17.01- 17.50 168 12,627,003 6.66 9709 477 33,737,162 17.78
17.51- 18.00 124 8,319,417 4.38 9710 8 1,057,182 0.56
18.01- 18.50 75 6,007,015 3.17 9711 10 880,959 0.46
18.51- 19.00 30 1,892,850 1.00 9712 12 1,159,785 0.61
19.01- 19.50 14 812,699 0.43 9801 21 2,138,091 1.13
19.51- 20.00 14 756,329 0.40 9802 8 875,768 0.46
20.51- 21.00 3 132,094 0.07 9803 6 463,900 0.24
WTD AVERAGE: 15.92 9810 5 545,372 0.29
9811 21 1,601,337 0.84
9812 74 6,089,560 3.21
LIFEFLOOR REPORT LOANS CURRENT BAL %POOL 9901 209 17,146,693 9.04
9902 208 16,056,716 8.46
3.51- 4.00 1 91,397 0.05 9903 115 7,456,964 3.93
4.01- 4.50 2 288,825 0.15 9910 1 63,228 0.03
4.51- 5.00 11 1,083,933 0.57 9911 12 1,044,161 0.55
5.01- 5.50 21 2,560,304 1.35 9912 21 2,322,168 1.22
5.51- 6.00 20 2,037,910 1.07
6.01- 6.50 14 1,180,365 0.62
6.51- 7.00 6 415,644 0.22
7.01- 7.50 10 771,013 0.41
7.51- 8.00 23 3,795,174 2.00
8.01- 8.50 179 15,727,234 8.29
8.51- 9.00 396 32,163,468 16.95
9.01- 9.50 394 31,433,724 16.57
9.51- 10.00 411 33,757,820 17.79
10.01- 10.50 345 24,339,554 12.83
10.51- 11.00 241 17,846,341 9.41
11.01- 11.50 138 9,481,772 5.00
11.51- 12.00 108 7,649,939 4.03
12.01- 12.50 42 2,656,402 1.40
12.51- 13.00 27 1,483,832 0.78
13.01- 13.50 9 525,906 0.28
13.51- 14.00 8 364,601 0.19
14.51- 15.00 2 76,866 0.04
WTD AVERAGE: 9.64
Active Filter: NONE Requested by: V0.32
LIFECAP LIFEFLOOR
WTDAVG MINMAX %0 WTDAVG MIN MAX %0
11.750 20.840 100 9.640 4.000 14.840 100
</TABLE>
