February 23, 1999
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: First Boston Mortgage Securities Corp., Conduit Mortgage
Pass-Through Certificates, Series 1992-1; File No. 333-53115.
Ladies and Gentlemen:
Enclosed herewith for filing on behalf of First Boston Mortgage
Securities Corp., Conduit Mortgage Pass-Through Certificates, Series
1992-1 (as depositor under a series 1992-1 Pooling and Servicing
Agreement dated as of January 1, 1992, providing for, among other
things, the issuance of Conduit Mortgage Pass-Through Certificates,
Series 1992-1 is a Current Report on Form 8-K.
The Conduit Mortgage Pass-Through Certificates, Series 1992-1 will be
comprised of ten classes of publicly offered certificates (the
"Certificates"). The Certificates consist of the Class 1-R, Class
1-A, Class 1-B, Class 1-C, Class 1-D, Class 1-E and Class 1-M
Certificates (collectively, the "Fixed Rate Certificates") and the
Class 1-F, Class 1-G and Class 1-H Certificates. The Certificates
evidence beneficial ownership interests in a trust fund (the "Trust
Fund") to be created by First Boston Mortgage Securities Corp. (the
"Depositor"), which will hold interests in a pool of conventional,
level-payment, fixed-rate, fully-amortizing mortgage loans (the
"Mortgage Loans") secured by deeds of trust on residential properties
and certain other property held in trust for the benefit of the
Certificateholders. The Mortgage Loans will be purchased by the
Depositor from an affiliate and transferred by the Depositor to the
Trust Fund pursuant to a Pooling and Servicing Agreement, dated as of
January 1, 1992, in exchange for the Certificates and certain other
consideration. The Mortgage Loans are more fully described in the
Prospectus Supplement.
The Certificates were registered under the Securities Act of 1933.
As a result, the Registrant is subject to the filing requirements of
Section 15(d) of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"). The Trust intends to fulfill these filing
requirements in the manner described herein:
The agent for Registrant will file, promptly after each Distribution
Date (as defined in the Indenture), a Current Report on Form 8-K in
substantially the form enclosed herewith, including as an exhibit
thereto the applicable Distribution Date Report. Each such Current
Report will also disclose under Item 5 any matter occurring during
the relevant reporting period which would be reportable under Item
1, 2, 4 or 5 of Part II of Form 10-Q.
Within 90 days after the end of each fiscal year, the agent for the
Registrant will file an annual report of Form 10-K, which responds to
Items 2, 3, and 4 of Part I, Items 5 and 9 of Part II, Items 12 and
13 of Part III and Item 14 of Part IV thereof, and include as
exhibits thereto certain information from the Distribution Date
reports aggregated for such year and a copy of the independent
accountants' annual compliance statement required under the Pooling
and Servicing Agreement.
The agent for the Registrant will follow the above procedures except
for any fiscal year as to which its reporting obligations under
Section 15(d) of the Exchange Act have been suspended pursuant to
such Section. In such event, the agent for the Registrant will file
a Form 15 as required under Rule 15d-6.
Should you wish to discuss the above filing procedures, please call
Judy L. Gomez at (949) 253-7562.
Sincerely,
/s/ Judy L. Gomez
Assistant Vice President
Bankers Trust Company of California, N.A.
S.E.C. Reporting Agent for First Boston Mortgage Securities Corp.,
Conduit Mortgage Pass-Through Certificates, Series 1992-1.
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): January 30, 1992
First Boston Mortgage Securities Corp.
(as issuer under the Pooling and Servicing Agreement, dated
as of January 1, 1992, providing for the issuance of Conduit
Mortgage Pass-Through Certificates, Series, 1992-1).
First Boston Mortgage Securities Corp.
Conduit Mortgage Pass-Through Certificates, Series 1992-1
(Exact name of Registrant as specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
333-53115 13-332-0910
(Commission File Number) (I.R.S. Employer
Identification No.)
Park Avenue Plaza
New York, New York 10055
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: 212-909-7537
ITEM 5. Other Events
Attached hereto is a copy of the Monthly Remittance Statement
to the Certificateholders which was derived from the monthly
information submitted by the Master Servicer to the Trustee.
ITEM 7. Financial Statement and Exhibits
Exhibits: (as noted in Item 5 above)
Monthly Remittance Statement to the Certificateholders dated as of
February 25, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
March 25, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
April 27, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
May 26, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
July 27, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
September 25, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
October 26, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
November 25, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
December 28, 1992.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, hereunto duly authorized.
Bankers Trust Company of California, N.A.,
not in its individual capacity, but solely
as a duly authorized agent of the Registrant
pursuant to the Pooling and Servicing
Agreement, dated as of January 1, 1992.
Date: February 23, 1999 By: /s/ Judy L. Gomez
Judy L. Gomez
Assistant Vice President
EXHIBIT INDEX
Monthly Remittance Statement to the Certificateholders dated as of
February 25, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
March 25, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
April 27, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
May 26, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
July 27, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
September 25, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
October 26, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
November 25, 1992.
Monthly Remittance Statement to the Certificateholders dated as of
December 28, 1992.
FIRST BOSTON MORTGAGE SECURITIES CORPORATION
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC I
STATEMENT TO CERTIFICATEHOLDERS
DATE: 2/25/92
> PAGE 1 0F 1
DISTRIBUTION SUMMARY
BEGINNING
> REMAINING
ORIGINAL PRINCIPAL INTEREST P
>RINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION DIS
>TRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
T NONE 245,231.71 245,231.71 1,796.67
> 245,231.71 247,028.38 0.00 0.00 0.00
U NONE 126,672,275.00 126,672,275.00 870,871.91
> 890,058.83 1,760,930.74 0.00 0.00 125,782,216.17
V NONE 47,053,000.00 47,053,000.00 323,489.37
> 0.00 323,489.37 0.00 0.00 47,053,000.00
X NONE 0.00 0.00 71,020.69
> 0.00 71,020.69 0.00 0.00 0.00
Y NONE 0.00 0.00 25,800.13
> 0.00 25,800.13 0.00 0.00 0.00
Z NONE 122,153.00 122,153.00 0.00
> 311.47 311.47 0.00 0.00 121,841.53
1-RS NONE 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00 0.00
174,092,659.71 174,092,659.71 1,292,978.77 1,1
>35,602.01 2,428,580.78 0.00 0.00 172,957,057.70
AMOUNTS PER $1,000 UNIT
BEGINNING R
>EMAINING RECORD DATE: 01/31/92
PRINCIPAL INTEREST PRINCIPAL TOTAL P
>RINCIPAL DISTRIBUTION DATE: 02/25/92
CLASS BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION
>BALANCE PRIOR DISTRIBUTION DATE: N/A
T 1000.000000 7.326418 1000.000000 1007.326418
> 0.000000%
U 1000.000000 6.875000 7.026469 13.901469 99
>297.353100% PASS-THROUGH RATES:
V 1000.000000 6.875000 0.000000 6.875000 100
>000.000000%
X 0.000000 0.407948 0.000000 0.407948
> 0.000000% CLASS T 0.0825
Y 0.000000 0.148198 0.000000 0.148198
> 0.000000% CLASS U 0.0825
Z 1000.000000 0.000000 2.549835 2.549835 99
>745.016500% CLASS V 0.0825
1-RS 0.000000 0.000000 0.000000 0.000000
> 0.000000% CLASS X 0.007326735
> CLASS Y 0.00584801
> CLASS Z 0
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 2/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 70,227,000.00 482,810.63
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 71,020.69
1-G 319339BD8 0.00 0 25800
1-H 319339AZ0 122,153.00 122,153.00 0.00
1-M 319339BH9 17,409,275.00 17,409,275.00 119,688.77
1-R 319339BJ5 245,231.71 245,231.71 1,796.67
174,092,659.71 174,092,659.71 1,292,978.77
REMAINING
PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
776,498.57 1,259,309.20 0.00 0.00 69,450,501.43
0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 3,921.08 0.00 0.00 0.00
0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 71,020.69 0.00 0.00 0.00
0 25800 0.00 0.00 0
311.47 311.47 0.00 0.00 121,841.53
113,560.26 233,249.03 0.00 0.00 17,295,714.74
245,231.71 247,028.38 0.00 0.00 0.00
1,135,602.01 2,428,580.78 0.00 0.00 172,957,057.70
RECORD DATE: 01/31/92
DISTRIBUTION DATE: 02/25/92
PRIOR DISTRIBUTION DATE: NA
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL TOTAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
1-A 1000.000000 6.875000 11.056981 17.931981 98894.301900%
1-B 1000.000000 6.875000 0.000000 6.875000 100000.000000%
1-C 1000.000000 6.791667 0.000000 6.791667 100000.000000%
1-D 0.000000 0.022523 0.000000 0.022523 0.000000%
1-E 1000.000000 6.875002 0.000000 6.875002 100000.000000%
1-F 0.000000 0.407948 0.000000 0.407948 0.000000%
1-G 0.000000 0.148198 0.000000 0.148198 0.000000%
1-H 1000 0 2.549835 2.549835 997.450165
1-M 1000 6.875 6.522975 13.397975 993.477025
1-R 1000 7.326418 1000 1007.326418 0%
PASS-THROUGH RATES:
CLASS 1-A 0.0825
CLASS 1-B 0.0825
CLASS 1-C 0.0815
CLASS 1-D 0.001
CLASS 1-E 0.0825
CLASS 1-F 0.007326735
CLASS 1-G 0.00584801
CLASS 1-H 0
CLASS 1-M 0.0825
CLASS 1-R 0.0825
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 2/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 42,344.37
UNCOLLECTED SERVICING FEES 2,626.31
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -5,081.72
SERVICING FEES RECEIVED BY THE MASTER SERVICER 39,888.96
ADDITIONAL SERVICING COMPENSATION 0
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 39,888.96
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.212096756
CLASS 1-B 0.212096758
CLASS 1-C 0.209525883
CLASS 1-D 0.002570868
CLASS 1-E 0.212096826
CLASS 1-F 0.018836082
CLASS 1-G 0.015034471
CLASS 1-M 0.212096762
CLASS 1-R 0.226023195
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0
(B) TWO MONTHS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 390,291.47
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0
AGGREGATE NUMBER OF LOANS IN THE POOL 585
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 172,957,057.70
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 2/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 4,096.98
INTEREST ADVANCE 67,061.93
TOTAL MONTHLY ADVANCES 71,158.91
COUNTRYWIDE ADVANCE 0
NORWEST ADVANCE 34,997.59
PHH ADVANCE 36,161.32
RECOVERED MONTHLY ADVANCES 0
PREPAYMENTS 1,034,113.32
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 0
TAX IMPOSED ON PROHIBITED TRANSACTION 0
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47,053,000.00
CLASS 1-F NOTIONAL BALANCE 116,320,332.52
CLASS 1-G NOTIONAL BALANCE 52,941,355.44
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 2/25/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 2,428,580.78
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 1,796.67
REGULAR INTEREST T PRINCIPAL AMOUNT
> 245,231.71
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -247,028.38
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 870,871.91
REGULAR INTEREST U PRINCIPAL AMOUNT
> 890,058.83
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -1,760,930.74
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 71,020.69
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -71,020.69
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 25,800.13
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -25,800.13
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 311.47
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -311.47
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 2/25/92 DISTRIBUTION STATEMENT PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 2,428,580.78
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 482,810.63
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT
> 776,498.57
CLASS 1-A DISTRIBUTION AMOUNT
> -1,259,309.20
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 71,020.69
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-F DISTRIBUTION AMOUNT
> -71,020.69
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 25,800.13
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-G DISTRIBUTION AMOUNT
> -25,800.13
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 311.47
CLASS 1-H DISTRIBUTION AMOUNT
> -311.47
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 119,688.77
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT
> 113,560.26
CLASS 1-M DISTRIBUTION AMOUNT
> -233248.03
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 1,796.67
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 245,231.71
CLASS 1-R DISTRIBUTION AMOUNT
> -247028.38
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0
FIRST BOSTON MORTGAGE SECURITIES CORPORATION
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
>REMIC I
DATE: 3/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 0F 1
DISTRIBUTION SUMMARY
BEGINNING
> REM
>AINING
ORIGINAL PRINCIPAL INTEREST
> PRINCIPAL TOTAL DEFERRED REALIZED PRI
>NCIPAL
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
> DISTRIBUTION DISTRIBUTION INTEREST LOSSES BA
>LANCE
T B02920016 245,231.71 0.00 110.41
> 0.00 110.41 0.00 0.00
> 0.00
U B02920017 126,672,275.00 125,782,216.17 864,752.75
> 1,538,716.87 2,403,469.62 0.00 0.00 124
>,243,499.30
V B02920018 47,053,000.00 47,053,000.00 323,489.37
> 0.00 323,489.37 0.00 0.00 47
>,053,000.00
X B02920019 0.00 0.00 70,112.10
> 0.00 70,112.10 0.00 0.00
> 0.00
Y B02920020 0.00 0.00 25,767.02
> 0.00 25,767.02 0.00 0.00
> 0.00
Z B02920021 122,153.00 121,841.53 0.00
> 215.44 215.44 0.00 0.00
> 121,626.09
1-RS B02920022 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00
> 0.00
174,092,659.71 172,957,057.70 1,284,231.65
> 1,538,932.31 2,823,163.96 0.00 0.00 171
>,418,125.39
AMOUNTS PER $1,000 UNIT
BEGINNING
> REMAINING RECORD DATE:
> 02/28/92
PRINCIPAL INTEREST PRINCIPAL TOTAL
> PRINCIPAL DISTRIBUTION DATE:
> 03/25/92
CLASS BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION
> BALANCE PRIOR DISTRIBUTION DATE:
> 02/25/92
T 0.000000 0.450227 0.000000 0.450227
> 0.000000%
U 992.973531 6.826693 12.147227 18.973920
> 98082.630400% PASS-THROUGH RATES:
V 1000.000000 6.875000 0.000000 6.875000
> 100000.000000%
X 0.000000 0.402729 0.000000 0.402729
> 0.000000% CLASS T
> 8.250000%
Y 0.000000 0.148008 0.000000 0.148008
> 0.000000% CLASS U
> 8.250000%
Z 997.450165 0.000000 1.763690 1.763690
> 99568.647500% CLASS V
> 8.250000%
1-RS 0.000000 0.000000 0.000000 0.000000
> 0.000000% CLASS X
> 0.729893%
> CLASS Y
> 0.584848%
> CLASS Z
> 0.000000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR:
RAFAEL HERRERA
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 3/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 69,450.501.43 477,472.20
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 70,112.10
1-G 319339BD8 0.00 0 25767
1-H 319339AZ0 122,153.00 121,841.53 0.00
1-M 319339BH9 17,409,275.00 17,295,714.74 118,908.04
1-R 319339BJ5 245,231.71 0.00 110.41
174,092,659.71 172,957,057.70 1,284,231.65
REMAINING
PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
1,384,823.56 1,862,295.76 0.00 0.00 68,065,677.87
0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 3,921.08 0.00 0.00 0.00
0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 70,112.10 0.00 0.00 0.00
0 25767 0.00 0.00 0
215.44 215.44 0.00 0.00 121,626.09
153,893.31 272,801.35 0.00 0.00 17,141,821.43
0.00 110.41 0.00 0.00 0.00
1,538,932.31 2,823,163.96 0.00 0.00 171,418,125.39
RECORD DATE: 02/28/92
DISTRIBUTION DATE: 03/25/92
PRIOR DISTRIBUTION DATE: 02/25/92
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL TOTAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
1-A 988.943019 6.798983 19.719247 26.518230 96922.377200%
1-B 1000.000000 6.875000 0.000000 6.875000 100000.000000%
1-C 1000.000000 6.791667 0.000000 6.791667 100000.000000%
1-D 0.000000 0.022523 0.000000 0.022523 0.000000%
1-E 1000.000000 6.875002 0.000000 6.875002 100000.000000%
1-F 0.000000 0.402729 0.000000 0.402729 0.000000%
1-G 0.000000 0.148008 0.000000 0.148008 0.000000%
1-H 997.450165 0 1.76369 1.76369 995.686475
1-M 993.477025 6.830155 8.839731 15.669886 984.637294
1-R 0 0.450227 0 0.450227 0
PASS-THROUGH RATES:
CLASS 1-A 8.250000%
CLASS 1-B 8.250000%
CLASS 1-C 8.150000%
CLASS 1-D 0.100000%
CLASS 1-E 8.250000%
CLASS 1-F 0.729893%
CLASS 1-G 0.584848%
CLASS 1-H 0.000000%
CLASS 1-M 8.250000%
CLASS 1-R 8.250000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 3/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 40,301.35
UNCOLLECTED SERVICING FEES 4,294.07
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -6,421.44
SERVICING FEES RECEIVED BY THE MASTER SERVICER 38,173.98
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 38,173.98
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.202101
CLASS 1-B 0.204360
CLASS 1-C 0.201883
CLASS 1-D 0.002477
CLASS 1-E 0.204360
CLASS 1-F 0.018080
CLASS 1-G 0.014487
CLASS 1-M 0.203027
CLASS 1-R 0.013383
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 651,677.04
(B) TWO MONTHS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 390,112.49
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
AGGREGATE NUMBER OF LOANS IN THE POOL 580
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 171,418,125.39
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 3/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 6765394
INTEREST ADVANCE 109766.5
TOTAL MONTHLY ADVANCES 116,532.44
COUNTRYWIDE ADVANCE 0
NORWEST ADVANCE 58,346.24
PHH ADVANCE 58186.2
RECOVERED MONTHLY ADVANCES 64,674.12
PREPAYMENTS 1437204.86
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 0.00
TAX IMPOSED ON PROHIBITED TRANSACTION 0
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47053000.00
CLASS 1-F NOTIONAL BALANCE 115269602.8
CLASS 1-G NOTIONAL BALANCE 52,869154.21
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 3/25/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 2823163.96
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 110.41
REGULAR INTEREST T PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -110.41
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 864,752.75
REGULAR INTEREST U PRINCIPAL AMOUNT
> 1,538,716.87
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -2,403,469.62
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 70,112.10
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -70,112.10
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 25,767.02
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -25,767.02
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.00
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 215.44
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -215.44
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 3/25/92 DISTRIBUTION STATEMENT PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 2,823,163.96
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 477,472.20
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT
> 1,384,823.56
CLASS 1-A DISTRIBUTION AMOUNT
> -1,862,295.76
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 70,112.10
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-F DISTRIBUTION AMOUNT
> -70,112.10
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 25,767.02
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-G DISTRIBUTION AMOUNT
> -25,767.02
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0.00
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 215.44
CLASS 1-H DISTRIBUTION AMOUNT
> -215.44
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 118908.04
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT
> 153893.31
CLASS 1-M DISTRIBUTION AMOUNT
> -272801.35
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 110.41
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-R DISTRIBUTION AMOUNT
> -110.41
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0
FIRST BOSTON MORTGAGE SECURITIES CORPORATION
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
>REMIC I
DATE: 4/27/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 0F 1
DISTRIBUTION SUMMARY
BEGINNING
> REM
>AINING
ORIGINAL PRINCIPAL INTEREST
> PRINCIPAL TOTAL DEFERRED REALIZED PRI
>NCIPAL
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
> DISTRIBUTION DISTRIBUTION INTEREST LOSSES BA
>LANCE
T B02920016 245,231.71 0.00 110.22
> 0.00 110.22 0.00 0.00
> 0.00
U B02920017 126,672,275.00 124,243,499.30 854,174.07
> 1,367,481.89 2,221,655.96 0.00 0.00 122
>,876,017.41
V B02920018 47,053,000.00 47,053,000.00 323,489.37
> 0.00 323,489.37 0.00 0.00 47
>,053,000.00
X B02920019 0.00 0.00 68,861.78
> 0.00 68,861.78 0.00 0.00
> 0.00
Y B02920020 0.00 0.00 25,749.17
> 0.00 25,749.17 0.00 0.00
> 0.00
Z B02920021 122,153.00 121,626.09 0.00
> 224.03 224.03 0.00 0.00
> 121,402.06
1-RS B02920022 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00
> 0.00
174,092,659.71 171,418,125.39 1,272,384.61
> 1,367,705.92 2,640,090.53 0.00 0.00 170
>,050,419.47
AMOUNTS PER $1,000 UNIT
BEGINNING
> REMAINING RECORD DATE:
> 03/31/92
PRINCIPAL INTEREST PRINCIPAL TOTAL
> PRINCIPAL DISTRIBUTION DATE:
> 04/27/92
CLASS BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION
> BALANCE PRIOR DISTRIBUTION DATE:
> 03/25/92
T 0.000000 0.449452 0.000000 0.449452
> 0.000000%
U 980.826304 6.743181 10.795432 17.538613
> 97003.087200% PASS-THROUGH RATES:
V 1000.000000 6.875000 0.000000 6.875000
> 100000.000000%
X 0.000000 0.395547 0.000000 0.395547
> 0.000000% CLASS T
> 8.250000%
Y 0.000000 0.147905 0.000000 0.147905
> 0.000000% CLASS U
> 8.250000%
Z 995.686475 0.000000 1.834011 1.834011
> 99385.246400% CLASS V
> 8.250000%
1-RS 0.000000 0.000000 0.000000 0.000000
> 0.000000% CLASS X
> 0.726214%
> CLASS Y
> 0.584981%
> CLASS Z
> 0.000000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR:
RAFAEL HERRERA
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 4/27/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 68,065,677.87 467,951.54
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 68,861.78
1-G 319339BD8 0.00 0 25749
1-H 319339AZ0 122,153.00 121,626.09 0.00
1-M 319339BH9 17,409,275.00 17,141,821.43 117,850.02
1-R 319339BJ5 245,231.71 0.00 110.22
174,092,659.71 171,418,125.39 1,272,384.61
REMAINING
PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
1,230,711.23 1,698,662.77 0.00 0.00 66,834,966.64
0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 3,921.08 0.00 0.00 0.00
0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 68,861.78 0.00 0.00 0.00
0 25749 0.00 0.00 0
224.03 224.03 0.00 0.00 121,402.06
136,770.66 254,620.68 0.00 0.00 17,005,050.77
0.00 110.22 0.00 0.00 0.00
1,367,705.92 2,640,090.53 0.00 0.00 170,050,419.47
RECORD DATE: 03/31/92
DISTRIBUTION DATE: 04/27/92
PRIOR DISTRIBUTION DATE: 03/25/92
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL TOTAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
1-A 969.223772 6.663414 17.524759 24.188173 100000.000000%
1-B 1000.000000 6.875000 0.000000 6.875000 100000.000000%
1-C 1000.000000 6.791667 0.000000 6.791667 0.000000%
1-D 0.000000 0.022523 0.000000 0.022523 100000.000000%
1-E 1000.000000 6.875002 0.000000 6.875002 0.000000%
1-F 0.000000 0.395547 0.000000 0.395547 0.000000%
1-G 0.000000 0.147905 0.000000 0.147905 0.000000%
1-H 995.686475 0 1.834011 1.834011 993.852464
1-M 984.637294 6.769381 7.856195 14.625576 976.781099
1-R 0 0.449452 0 0.449452 0%
PASS-THROUGH RATES:
CLASS 1-A 8.250000%
CLASS 1-B 8.250000%
CLASS 1-C 8.150000%
CLASS 1-D 0.100000%
CLASS 1-E 8.250000%
CLASS 1-F 0.726214%
CLASS 1-G 0.584981%
CLASS 1-H 0.000000%
CLASS 1-M 8.250000%
CLASS 1-R 8.250000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 4/27/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 41,493.12
UNCOLLECTED SERVICING FEES 2,561.06
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -3,915.04
SERVICING FEES RECEIVED BY THE MASTER SERVICER 40,139.14
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 40,139.14
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.210207
CLASS 1-B 0.216881
CLASS 1-C 0.214253
CLASS 1-D 0.002629
CLASS 1-E 0.216881
CLASS 1-F 0.019091
CLASS 1-G 0.015378
CLASS 1-M 0.213550
CLASS 1-R 0.014179
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 677,350.66
(B) TWO MONTHS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 389,931.98
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
AGGREGATE NUMBER OF LOANS IN THE POOL 575
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 170,050,419.47
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 4/27/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 8333.57
INTEREST ADVANCE 81131.54
TOTAL MONTHLY ADVANCES 89,465.11
COUNTRYWIDE ADVANCE 0
NORWEST ADVANCE 15,181.87
PHH ADVANCE 74283.24
RECOVERED MONTHLY ADVANCES 110,379.90
PREPAYMENTS 1264966.41
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 0.00
TAX IMPOSED ON PROHIBITED TRANSACTION 0
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47053000
CLASS 1-F NOTIONAL BALANCE 113787520
CLASS 1-G NOTIONAL BALANCE 52820490.92
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 4/27/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 2640090.53
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 110.22
REGULAR INTEREST T PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -110.22
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 854,174.07
REGULAR INTEREST U PRINCIPAL AMOUNT
> 1,367,481.89
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -2,221,655.96
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 68,861.78
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -68,861.78
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 25,749.17
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -25,749.17
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.00
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 224.03
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -224.03
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 4/27/92 DISTRIBUTION STATEMENT PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 2,640,090.53
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 467,951.54
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT
> 1,230,711.23
CLASS 1-A DISTRIBUTION AMOUNT
> -1,698,662.77
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 68,861.78
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-F DISTRIBUTION AMOUNT
> -68,861.78
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 25,749.17
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-G DISTRIBUTION AMOUNT
> -25,749.17
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0.00
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 224.03
CLASS 1-H DISTRIBUTION AMOUNT
> -224.03
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 117850.02
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT
> 136770.66
CLASS 1-M DISTRIBUTION AMOUNT
> -254620.68
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 110.22
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-R DISTRIBUTION AMOUNT
> -110.22
REMAINING AVAILABLE DISTRIBUTION AMOUNT
0
FIRST BOSTON MORTGAGE SECURITIES CORPORATION
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
>REMIC I
DATE: 5/26/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 1
DISTRIBUTION SUMMARY
BEGINNING
> REM
>AINING
ORIGINAL PRINCIPAL INTEREST
> PRINCIPAL TOTAL DEFERRED REALIZED PRI
>NCIPAL
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
> DISTRIBUTION DISTRIBUTION INTEREST LOSSES BA
>LANCE
T B02920016 245,231.71 0.00 110.03
> 0.00 110.03 0.00 0.00
> 0.00
U B02920017 126,672,275.00 122,876,017.41 844,772.63
> 1,159,141.47 2,003,914.10 0.00 0.00 121
>,716,875.94
V B02920018 47,053,000.00 47,053,000.00 323,489.37
> 0.00 323,489.37 0.00 0.00 47
>,053,000.00
X B02920019 0.00 0.00 68,068.81
> 0.00 68,068.81 0.00 0.00
> 0.00
Y B02920020 0.00 0.00 25,530.48
> 0.00 25,530.48 0.00 0.00
> 0.00
Z B02920021 122,153.00 121,402.06 0.00
> 217.28 217.28 0.00 0.00
> 121,184.78
1-RS B02920022 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00
> 0.00
174,092,659.71 170,050,419.47 1,261,971.32
> 1,159,358.75 2,421,330.07 0.00 0.00 168
>,891,060.72
AMOUNTS PER $1,000 UNIT
BEGINNING
> REMAINING RECORD DATE:
> 04/30/92
PRINCIPAL INTEREST PRINCIPAL TOTAL
> PRINCIPAL DISTRIBUTION DATE:
> 05/26/92
CLASS BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION
> BALANCE PRIOR DISTRIBUTION DATE:
> 04/27/92
T 0.000000 0.448678 0.000000 0.448678
> 0.000000%
U 970.030872 6.668962 9.150712 15.819674
> 96088.016100% PASS-THROUGH RATES:
V 1000.000000 6.875000 0.000000 6.875000
> 100000.000000%
X 0.000000 0.390992 0.000000 0.390992
> 0.000000% CLASS T
> 8.250000%
Y 0.000000 0.146649 0.000000 0.146649
> 0.000000% CLASS U
> 8.250000%
Z 993.852464 0.000000 1.778753 1.778753
> 99207.371100% CLASS V
> 8.250000%
1-RS 0.000000 0.000000 0.000000 0.000000
> 0.000000% CLASS X
> 0.724616%
> CLASS Y
> 0.583294%
> CLASS Z
> 0.000000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR:
RAFAEL HERRERA
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 9/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 66,834,966.64 459,490.40
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 68,068.81
1-G 319339BD8 0.00 0 25530
1-H 319339AZ0 122,153.00 121,402.06 0.00
1-M 319339BH9 17,409,275.00 17,005,050.77 116,909.72
1-R 319339BJ5 245,231.71 0.00 110.03
174,092,659.71 170,050,419.47 1,261,971.32
REMAINING
PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
1,043,205.54 1,502,695.94 0.00 0.00 65,791,761.10
0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 3,921.08 0.00 0.00 0.00
0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 68,068.81 0.00 0.00 0.00
0 25530 0.00 0.00 0
217.28 217.28 0.00 0.00 121,184.78
115,935.93 232,845.65 0.00 0.00 16,889,114.84
0.00 110.03 0.00 0.00 0.00
1,159,358.75 2,421,330.07 0.00 0.00 168,891,060.72
RECORD DATE: 04/30/92
DISTRIBUTION DATE: 05/26/92
PRIOR DISTRIBUTION DATE: 04/27/92
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL TOTAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION BALANCE
1-A 951.699014 6.542931 14.854764 21.397695 93684.424900%
1-B 1000.000000 6.875000 0.000000 6.875000 100000.000000%
1-C 1000.000000 6.791667 0.000000 6.791667 100000.000000%
1-D 0.000000 0.022523 0.000000 0.022523 0.000000%
1-E 1000.000000 6.875002 0.000000 6.875002 100000.000000%
1-F 0.000000 0.390992 0.000000 0.390992 0.000000%
1-G 0.000000 0.146649 0.000000 0.146649 0.000000%
1-H 993.852464 0 1.778753 1.778753 992.073711
1-M 976.781099 6.71537 6.659435 13.374805 970.121664
1-R 0 0.448678 0 0.448678 0
PASS-THROUGH RATES:
CLASS 1-A 8.250000%
CLASS 1-B 8.250000%
CLASS 1-C 8.150000%
CLASS 1-D 0.100000%
CLASS 1-E 8.250000%
CLASS 1-F 0.724616%
CLASS 1-G 0.583294%
CLASS 1-H 0.000000%
CLASS 1-M 8.250000%
CLASS 1-R 8.250000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 5/26/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 40,410.23
UNCOLLECTED SERVICING FEES 3,261.43
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -1,945.40
SERVICING FEES RECEIVED BY THE MASTER SERVICER 41,726.26
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 41,726.26
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.216338
CLASS 1-B 0.227317
CLASS 1-C 0.224562
CLASS 1-D 0.002755
CLASS 1-E 0.227317
CLASS 1-F 0.019966
CLASS 1-G 0.016072
CLASS 1-M 0.222039
CLASS 1-R 0.014835
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 499,108.02
(B) TWO MONTHS:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 974,722.98
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 389,749.93
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
AGGREGATE NUMBER OF LOANS IN THE POOL 571
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 168,891,060.72
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 5/26/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 5612.2
INTEREST ADVANCE 78284.81
TOTAL MONTHLY ADVANCES 83,897.01
COUNTRYWIDE ADVANCE 0
NORWEST ADVANCE 49,749.53
PHH ADVANCE 34147.48
RECOVERED MONTHLY ADVANCES 82,953.37
PREPAYMENTS 1056037.86
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 0.00
TAX IMPOSED ON PROHIBITED TRANSACTION 0
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47053000
CLASS 1-F NOTIONAL BALANCE 112725296
CLASS 1-G NOTIONAL BALANCE 52523348.62
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 5/26/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 2421330.07
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 110.03
REGULAR INTEREST T PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -110.03
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 844,772.63
REGULAR INTEREST U PRINCIPAL AMOUNT
> 1,159,141.47
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -2,003,914.10
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 68,068.81
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -68,068.81
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 25,530.48
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -25,530.48
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.00
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 217.28
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -217.28
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 5/26/92 DISTRIBUTION STATEMENT PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 2,421,330.07
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 459,490.40
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT
> 1,043,205.54
CLASS 1-A DISTRIBUTION AMOUNT
> -1,502,695.94
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 68,068.81
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-F DISTRIBUTION AMOUNT
> -68,068.81
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 25,530.48
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-G DISTRIBUTION AMOUNT
> -25,530.48
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0.00
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 217.28
CLASS 1-H DISTRIBUTION AMOUNT
> -217.28
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 116909.72
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT
> 115935.93
CLASS 1-M DISTRIBUTION AMOUNT
> -232845.65
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 110.03
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 0
CLASS 1-R DISTRIBUTION AMOUNT
> -110.03
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC I
DATE: 7/27/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 1
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION ADJUSTMENT
T B02920016 245,231.71 0.00 109.67 0.00
U B02920017 126,672,275.00 120,303,875.26 827,089.15 0.00
V B02920018 47,053,000.00 47,053,000.00 323,489.37 0.00
X B02920019 0.00 0.00 66,349.52 0.00
Y B02920020 0.00 0.00 25,114.95 0.00
Z B02920021 122,153.00 120,974.23 0.00 0.00
1-RS B02920022 0.00 0.00 0.00 0.00
REMAINING
PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
CLASS DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
T 0.00 109.67 0.00 0.00 0.00
U 2,832,619.07 3,659,708.22 0.00 0.00 117,471,256.19
V 0.00 323,489.37 0.00 0.00 47,053,000.00
X 0.00 66,349.52 0.00 0.00 0.00
Y 0.00 25,114.95 0.00 0.00 0.00
Z 220.73 220.73 0.00 0.00 120,753.50
1-RS 0.00 0.00 0.00 0.00 0.00
PASS-THROUGH RATE RECORD DATE: 06/30/1992
DISTRIBUTION DATE: 07/27/1992
PRIOR DISTRIBUTION DATE: 06/25/1992
AMOUNTS PER $1,000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
T 0.000000 0.447210 0.000000 0.000000 8.250000% 8.250000%
U 949.725386 6.529362 22.361792 927.363594 8.250000% 8.250000%
V 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
X 0.000000 0.381116 0.000000 0.000000 0.718574% NA
Y 0.000000 0.144262 0.000000 0.000000 0.580801% NA
Z 990.350053 0.000000 1.806996 988.543057 NA NA
1-RS 0.000000 0.000000 0.000000 0.000000 NA NA
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
SECURITY PACIFIC NATIONAL BANK
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 7/27/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 64,520,081.61 443,575.56
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 66,349.52
1-G 319339BD8 0.00 0.00 25,114.95
1-H 319339AZ0 122,153.00 120,974.23 0.00
1-M 319339BH9 17,409,275.00 16,747,793.65 115,141.08
1-R 319339BJ5 245,231.71 0.00 109.67
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 2,549,334.95 2,992,910.51 0.00 0.00 61,970,746.66
0.00 0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 0.00 3,921.08 0.00 0.00 0.00
0.00 0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 0.00 66,349.52 0.00 0.00 0.00
0.00 0.00 25,114.95 0.00 0.00 0.00
0.00 220.73 220.73 0.00 0.00 120,753.50
0.00 283,284.12 398,425.20 0.00 0.00 16,464,509.53
0.00 0.00 109.67 0.00 0.00 0.00
RECORD DATE: 06/30/1992
DISTRIBUTION DATE: 07/27/1992
PRIOR DISTRIBUTION DATE: 06/25/1992
AMOUNTS PER $1000 UNIT PASS-THROUGH RATE
BEGINNING INTEREST PRINCIPAL REMAINING
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
1-A 918.736122 6.316311 36.301351 882.434771 8.250000% 8.250000%
1-B 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
1-C 1000.000000 6.791667 0.000000 1000.000000 8.150000% 8.150000%
1-D 0.000000 0.022523 0.000000 0.000000 0.100000% 0.100000%
1-E 1000.000000 6.875002 0.000000 1000.000000 8.250000% 8.250000%
1-F 0.000000 0.381116 0.000000 0.000000 0.718574% NA
1-G 0.000000 0.144262 0.000000 0.000000 0.580801% NA
1-H 990.350053 0.000000 1.806996 988.543057 NA NA
1-M 962.004084 6.613778 16.272023 945.732061 8.250000% 8.250000%
1-R 0.000000 0.447210 0.000000 0.000000 8.250000% 8.250000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 7/27/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 27,590.29
UNCOLLECTED SERVICING FEES 15,165.59
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -8,101.16
SERVICING FEES RECEIVED BY THE MASTER SERVICER 34,654.72
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 34,654.72
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.176218
CLASS 1-B 0.191805
CLASS 1-C 0.189480
CLASS 1-D 0.002325
CLASS 1-E 0.191805
CLASS 1-F 0.016706
CLASS 1-G 0.013503
CLASS 1-M 0.184517
CLASS 1-R 0.012477
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 39
AGGREGATE PRINCIPAL BALANCE 11,856,339.10
(B) TWO MONTHS:
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 3,086,305.87
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 278,037.54
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 278,037.54
AGGREGATE NUMBER OF LOANS IN THE POOL 560
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 164,645,009.69
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 7/27/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 49,316.68
INTEREST ADVANCE 498,482.91
TOTAL MONTHLY ADVANCES 547,799.59
COUNTRYWIDE ADVANCE 8,960.09
NORWEST ADVANCE 66,180.68
PHH ADVANCE 472,658.82
RECOVERED MONTHLY ADVANCES 405,382.36
PREPAYMENTS 2,729,425.93
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 0.00
TAX IMPOSED ON PROHIBITED TRANSACTION 0.00
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47,053,000.00
CLASS 1-F NOTIONAL BALANCE 110,802,054.17
CLASS 1-G NOTIONAL BALANCE 51,890,290.21
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC I
DATE: 7/27/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 4,074,992.46
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 109.67
REGULAR INTEREST T PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -109.67
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 827,089.15
REGULAR INTEREST U PRINCIPAL AMOUNT 2
>,832,619.07
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -3,659,708.22
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 66,349.52
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -66,349.52
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 25,114.95
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -25,114.95
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.00
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 220.73
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -220.73
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 7/27/92 DISTRIBUTION STATEMENT PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 4,074,992.46
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 443,575.56
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT 2
>,549,334.95
CLASS 1-A DISTRIBUTION AMOUNT
> -2,992,910.51
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 66,349.52
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-F DISTRIBUTION AMOUNT
> -66,349.52
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 25,114.95
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-G DISTRIBUTION AMOUNT
> -25,114.95
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0.00
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 220.73
CLASS 1-H DISTRIBUTION AMOUNT
> -220.73
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 115,141.08
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT
> 283,284.12
CLASS 1-M DISTRIBUTION AMOUNT
> -398,425.20
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 109.67
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-R DISTRIBUTION AMOUNT
> -109.67
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC I
DATE: 9/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 1
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
T B02920016 245,231.71 0.00 109.30
U B02920017 126,672,275.00 115,118,378.25 791,438.86
V B02920018 47,053,000.00 47,053,000.00 323,489.37
X B02920019 0.00 0.00 62,722.37
Y B02920020 0.00 0.00 24,724.45
Z B02920021 122,153.00 120,533.07 0.00
1-RS B02920022 0.00 0.00 0.00
174,092,659.71 162,291,911.32 1,202,484.35
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 0.00 109.30 0.00 0.00 0.00
0.00 5,844,483.49 6,635,922.35 0.00 0.00 109,273,894.76
0.00 0.00 323,489.37 0.00 0.00 47,053,000.00
0.00 0.00 62,722.37 0.00 0.00 0.00
0.00 0.00 24,724.45 0.00 0.00 0.00
0.00 221.40 221.40 0.00 0.00 120,311.67
0.00 0.00 0.00 0.00 0.00 0.00
0.00 5,844,704.89 7,047,189.24 0.00 0.00 156,447,206.43
PASS-THROUGH RATE RECORD DATE: 08/31/1992
DISTRIBUTION DATE: 09/25/1992
PRIOR DISTRIBUTION DATE: 08/25/1992
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
T 0.000000 0.445701 0.000000 0.000000 8.250000% 8.250000%
U 908.789064 6.247925 46.138616 862.650448 8.250000% 8.250000%
V 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
X 0.000000 0.360282 0.000000 0.000000 0.708189% NA
Y 0.000000 0.142019 0.000000 0.000000 0.579001% NA
Z 986.738516 0.000000 1.812481 984.926035 NA NA
1-RS 0.000000 0.000000 0.000000 0.000000 NA NA
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 9/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 59,853,178.67 411,490.60
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 62,722.37
1-G 319339BD8 0.00 0.00 24,724.45
1-H 319339AZ0 122,153.00 120,533.07 0.00
1-M 319339BH9 17,409,275.00 16,229,199.58 111,575.75
1-R 319339BJ5 245,231.71 0.00 109.30
174,092,659.71 162,291,911.32 1,202,484.35
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 5,260,012.71 5,671,503.31 0.00 0.00 54,593,165.96
0.00 0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 0.00 3,921.08 0.00 0.00 0.00
0.00 0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 0.00 62,722.37 0.00 0.00 0.00
0.00 0.00 24,724.45 0.00 0.00 0.00
0.00 221.40 221.40 0.00 0.00 120,311.67
0.00 584,470.78 696,046.53 0.00 0.00 15,644,728.80
0.00 0.00 109.30 0.00 0.00 0.00
0.00 5,844,704.89 7,047,189.24 0.00 0.00 156,447,206.43
PASS-THROUGH RATE RECORD DATE: 08/31/1992
DISTRIBUTION DATE: 09/25/1992
PRIOR DISTRIBUTION DATE: 08/25/1992
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
1-A 852.281582 5.859436 74.900148 777.381434 8.250000% 8.250000%
1-B 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
1-C 1000.000000 6.791667 0.000000 1000.000000 8.150000% 8.150000%
1-D 0.000000 0.022523 0.000000 0.000000 0.100000% 0.100000%
1-E 1000.000000 6.875002 0.000000 1000.000000 8.250000% 8.250000%
1-F 0.000000 0.360282 0.000000 0.000000 0.708189% NA
1-G 0.000000 0.142019 0.000000 0.000000 0.579001% NA
1-H 986.738516 0.000000 1.812481 984.926035 NA NA
1-M 932.215706 6.408983 33.572379 898.643327 8.250000% 8.250000%
1-R 0.000000 0.445701 0.000000 0.000000 8.250000% 8.250000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 9/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 37,380.38
UNCOLLECTED SERVICING FEES 3,631.03
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -17,234.02
SERVICING FEES RECEIVED BY THE MASTER SERVICER 23,777.39
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 23,777.39
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.115862
CLASS 1-B 0.135943
CLASS 1-C 0.134295
CLASS 1-D 0.001648
CLASS 1-E 0.135943
CLASS 1-F 0.011670
CLASS 1-G 0.009541
CLASS 1-M 0.126728
CLASS 1-R 0.008813
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 287,239.44
(B) TWO MONTHS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 973,128.67
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 770,879.66
AGGREGATE NUMBER OF LOANS IN THE POOL 534
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 156,447,206.43
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 9/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 6,407.97
INTEREST ADVANCE 93,231.10
TOTAL MONTHLY ADVANCES 99,639.07
COUNTRYWIDE ADVANCE 2,341.84
NORWEST ADVANCE 49,023.56
PHH ADVANCE 48,273.67
RECOVERED MONTHLY ADVANCES 5,924.28
PREPAYMENTS 5,743,638.68
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 545,172.69
TAX IMPOSED ON PROHIBITED TRANSACTION 0.00
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47,053,000.00
CLASS 1-F NOTIONAL BALANCE 106,280,699.95
CLASS 1-G NOTIONAL BALANCE 51,242,280.06
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 9/25/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 7,047,189.24
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 109.30
REGULAR INTEREST T PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -109.30
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 791,438.86
REGULAR INTEREST U PRINCIPAL AMOUNT 5
>,844,483.49
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -6,635,922.35
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 62,722.37
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -62,722.37
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 24,724.45
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -24,724.45
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.00
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 221.40
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -221.40
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 9/25/92 DISTRIBUTION STATEMENT PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 7,047,189.24
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 411,490.60
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT 5
>,260,012.71
CLASS 1-A DISTRIBUTION AMOUNT
> -5,671,503.31
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 62,722.37
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-F DISTRIBUTION AMOUNT
> -62,722.37
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 24,724.45
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-G DISTRIBUTION AMOUNT
> -24,724.45
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0.00
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 221.40
CLASS 1-H DISTRIBUTION AMOUNT
> -221.40
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 111,575.75
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT
> 584,470.78
CLASS 1-M DISTRIBUTION AMOUNT
> -696,046.53
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 109.30
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-R DISTRIBUTION AMOUNT
> -109.30
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC I
DATE: 10/26/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 1
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
T B02920016 245,231.71 0.00 109.09
U B02920017 126,672,275.00 109,273,894.76 751,258.04
V B02920018 47,053,000.00 47,053,000.00 323,489.37
X B02920019 0.00 0.00 59,572.31
Y B02920020 0.00 0.00 24,353.68
Z B02920021 122,153.00 120,311.67 0.00
1-RS B02920022 0.00 0.00 0.00
174,092,659.71 156,447,206.43 1,158,782.49
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 0.00 109.09 0.00 0.00 0.00
0.00 7,646,738.59 8,397,996.63 0.00 0.00 101,627,156.17
0.00 0.00 323,489.37 0.00 0.00 47,053,000.00
0.00 0.00 59,572.31 0.00 0.00 0.00
0.00 0.00 24,353.68 0.00 0.00 0.00
0.00 234.90 234.90 0.00 0.00 120,076.77
0.00 0.00 0.00 0.00 0.00 0.00
0.00 7,646,973.49 8,805,755.98 0.00 0.00 148,800,232.94
PASS-THROUGH RATE RECORD DATE: 09/30/1992
DISTRIBUTION DATE: 10/26/1992
PRIOR DISTRIBUTION DATE: 09/25/1992
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
T 0.000000 0.444845 0.000000 0.000000 8.250000% 8.250000%
U 862.650448 5.930722 60.366316 802.284132 8.250000% 8.250000%
V 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
X 0.000000 0.342187 0.000000 0.000000 0.704468% NA
Y 0.000000 0.139889 0.000000 0.000000 0.582040% NA
Z 984.926035 0.000000 1.922998 983.003037 NA NA
1-RS 0.000000 0.000000 0.000000 0.000000 NA NA
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 10/26/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 54,593,165.96 375,328.02
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 59,572.31
1-G 319339BD8 0.00 0.00 24,353.68
1-H 319339AZ0 122,153.00 120,311.67 0.00
1-M 319339BH9 17,409,275.00 15,644,728.80 107,557.51
1-R 319339BJ5 245,231.71 0.00 109.09
174,092,659.71 156,447,206.43 1,158,782.49
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 6,882,040.86 7,257,368.88 0.00 0.00 47,711,125.10
0.00 0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 0.00 3,921.08 0.00 0.00 0.00
0.00 0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 0.00 59,572.31 0.00 0.00 0.00
0.00 0.00 24,353.68 0.00 0.00 0.00
0.00 234.90 234.90 0.00 0.00 120,076.77
0.00 764,697.73 872,255.24 0.00 0.00 14,880,031.07
0.00 0.00 109.09 0.00 0.00 0.00
0.00 7,646,973.49 8,805,755.98 0.00 0.00 148,800,232.94
PASS-THROUGH RATE RECORD DATE: 09/30/1992
DISTRIBUTION DATE: 10/26/1992
PRIOR DISTRIBUTION DATE: 09/25/1992
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
1-A 777.381434 5.344497 97.997079 679.384355 8.250000% 8.250000%
1-B 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
1-C 1000.000000 6.791667 0.000000 1000.000000 8.150000% 8.150000%
1-D 0.000000 0.022523 0.000000 0.000000 0.100000% 0.100000%
1-E 1000.000000 6.875002 0.000000 1000.000000 8.250000% 8.250000%
1-F 0.000000 0.342187 0.000000 0.000000 0.704468% NA
1-G 0.000000 0.139889 0.000000 0.000000 0.582040% NA
1-H 984.926035 0.000000 1.922998 983.003037 NA NA
1-M 898.643327 6.178173 43.924732 854.718595 8.250000% 8.250000%
1-R 0.000000 0.444845 0.000000 0.000000 8.250000% 8.250000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 10/26/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 35,575.38
UNCOLLECTED SERVICING FEES 3,623.25
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -20,203.98
SERVICING FEES RECEIVED BY THE MASTER SERVICER 18,994.65
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 18,994.65
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.087606
CLASS 1-B 0.112694
CLASS 1-C 0.111328
CLASS 1-D 0.001366
CLASS 1-E 0.112694
CLASS 1-F 0.009623
CLASS 1-G 0.007951
CLASS 1-M 0.101272
CLASS 1-R 0.007292
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 287,081.82
(B) TWO MONTHS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 972,719.29
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
AGGREGATE NUMBER OF LOANS IN THE POOL 512
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 148,800,232.94
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 10/26/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 7,421.51
INTEREST ADVANCE 93,772.35
TOTAL MONTHLY ADVANCES 101,193.86
COUNTRYWIDE ADVANCE 4,556.23
NORWEST ADVANCE 48,039.77
PHH ADVANCE 48,597.86
RECOVERED MONTHLY ADVANCES 5,997.37
PREPAYMENTS 7,549,157.96
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 545,172.69
TAX IMPOSED ON PROHIBITED TRANSACTION 0.00
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47,053,000.00
CLASS 1-F NOTIONAL BALANCE 101,476,228.59
CLASS 1-G NOTIONAL BALANCE 50,210,294.21
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 10/26/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 8,805,755.98
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 109.09
REGULAR INTEREST T PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -109.09
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 751,258.04
REGULAR INTEREST U PRINCIPAL AMOUNT 7
>,646,738.59
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -8,397,996.63
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 59,572.31
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -59,572.31
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 24,353.68
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -24,353.68
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.00
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 234.90
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -234.90
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 10/26/92 DISTRIBUTION STATEMENT PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 8,805,755.98
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 375,328.02
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT 6
>,882,040.86
CLASS 1-A DISTRIBUTION AMOUNT
> -7,257,368.88
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 59,572.31
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-F DISTRIBUTION AMOUNT
> -59,572.31
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 24,353.68
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-G DISTRIBUTION AMOUNT
> -24,353.68
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0.00
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 234.90
CLASS 1-H DISTRIBUTION AMOUNT
> -234.90
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 107,557.51
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT
> 764,697.73
CLASS 1-M DISTRIBUTION AMOUNT
> -872,255.24
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 109.09
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-R DISTRIBUTION AMOUNT
> -109.09
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC I
DATE: 11/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 1
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
T B02920016 245,231.71 0.00 108.89
U B02920017 126,672,275.00 101,627,156.17 698,686.71
V B02920018 47,053,000.00 47,053,000.00 323,489.37
X B02920019 0.00 0.00 55,668.95
Y B02920020 0.00 0.00 23,534.63
Z B02920021 122,153.00 120,076.77 0.00
1-RS B02920022 0.00 0.00 0.00
174,092,659.71 148,800,232.94 1,101,488.55
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 0.00 108.89 0.00 0.00 0.00
0.00 10,454,474.76 11,153,161.47 0.00 0.00 91,172,681.41
0.00 0.00 323,489.37 0.00 0.00 47,053,000.00
0.00 0.00 55,668.95 0.00 0.00 0.00
0.00 0.00 23,534.63 0.00 0.00 0.00
0.00 218.53 218.53 0.00 0.00 119,858.24
0.00 0.00 0.00 0.00 0.00 0.00
0.00 10,454,693.29 11,556,181.84 0.00 0.00 138,345,539.65
PASS-THROUGH RATE RECORD DATE: 10/30/1992
DISTRIBUTION DATE: 11/25/1992
PRIOR DISTRIBUTION DATE: 10/26/1992
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
T 0.000000 0.444029 0.000000 0.000000 8.250000% 8.250000%
U 802.284132 5.515703 82.531673 719.752459 8.250000% 8.250000%
V 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
X 0.000000 0.319766 0.000000 0.000000 0.702805% NA
Y 0.000000 0.135185 0.000000 0.000000 0.576397% NA
Z 983.003037 0.000000 1.788986 981.214051 NA NA
1-RS 0.000000 0.000000 0.000000 0.000000 NA NA
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 11/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 47,711,125.10 328,013.99
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 55,668.95
1-G 319339BD8 0.00 0.00 23,534.63
1-H 319339AZ0 122,153.00 120,076.77 0.00
1-M 319339BH9 17,409,275.00 14,880,031.07 102,300.21
1-R 319339BJ5 245,231.71 0.00 108.89
174,092,659.71 148,800,232.94 1,101,488.55
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 9,409,004.91 9,737,018.90 0.00 0.00 38,302,120.19
0.00 0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 0.00 3,921.08 0.00 0.00 0.00
0.00 0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 0.00 55,668.95 0.00 0.00 0.00
0.00 0.00 23,534.63 0.00 0.00 0.00
0.00 218.53 218.53 0.00 0.00 119,858.24
0.00 1,045,469.85 1,147,770.06 0.00 0.00 13,834,561.22
0.00 0.00 108.89 0.00 0.00 0.00
0.00 10,454,693.29 11,556,181.84 0.00 0.00 138,345,539.65
PASS-THROUGH RATE RECORD DATE: 10/30/1992
DISTRIBUTION DATE: 11/25/1992
PRIOR DISTRIBUTION DATE: 10/26/1992
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
1-A 679.384355 4.670768 133.979878 545.404477 8.250000% 8.250000%
1-B 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
1-C 1000.000000 6.791667 0.000000 1000.000000 8.150000% 8.150000%
1-D 0.000000 0.022523 0.000000 0.000000 0.100000% 0.100000%
1-E 1000.000000 6.875002 0.000000 1000.000000 8.250000% 8.250000%
1-F 0.000000 0.319766 0.000000 0.000000 0.702805% NA
1-G 0.000000 0.135185 0.000000 0.000000 0.576397% NA
1-H 983.003037 0.000000 1.788986 981.214051 NA NA
1-M 854.718595 5.876190 60.052463 794.666132 8.250000% 8.250000%
1-R 0.000000 0.444029 0.000000 0.000000 8.250000% 8.250000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 11/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 31,582.40
UNCOLLECTED SERVICING FEES 5,455.27
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -36,971.21
SERVICING FEES RECEIVED BY THE MASTER SERVICER 66.46
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 66.46
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.000282
CLASS 1-B 0.000415
CLASS 1-C 0.000410
CLASS 1-D 0.000005
CLASS 1-E 0.000415
CLASS 1-F 0.000035
CLASS 1-G 0.000029
CLASS 1-M 0.000355
CLASS 1-R 0.000027
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 803,603.31
(B) TWO MONTHS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 972,306.14
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
AGGREGATE NUMBER OF LOANS IN THE POOL 477
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 138,345,539.65
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 11/25/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 11,993.73
INTEREST ADVANCE 136,893.29
TOTAL MONTHLY ADVANCES 148,887.02
COUNTRYWIDE ADVANCE 5,148.82
NORWEST ADVANCE 74,464.97
PHH ADVANCE 69,273.23
RECOVERED MONTHLY ADVANCES 6,741.80
PREPAYMENTS 10,361,064.74
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 0.00
TAX IMPOSED ON PROHIBITED TRANSACTION 0.00
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47,053,000.00
CLASS 1-F NOTIONAL BALANCE 95,051,565.38
CLASS 1-G NOTIONAL BALANCE 48,996,746.40
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 11/25/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 11,556,181.84
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 108.89
REGULAR INTEREST T PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -108.89
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 698,686.71
REGULAR INTEREST U PRINCIPAL AMOUNT 10
>,454,474.76
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -11,153,161.47
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 55,668.95
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -55,668.95
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 23,534.63
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -23,534.63
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.00
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 218.53
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -218.53
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 11/25/92 DISTRIBUTION STATEMENT PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 11,556,181.84
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 328,013.99
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT 9
>,409,004.91
CLASS 1-A DISTRIBUTION AMOUNT
> -9,737,018.90
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 55,668.95
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-F DISTRIBUTION AMOUNT
> -55,668.95
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 23,534.63
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-G DISTRIBUTION AMOUNT
> -23,534.63
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0.00
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 218.53
CLASS 1-H DISTRIBUTION AMOUNT
> -218.53
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 102,300.21
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT 1
>,045,469.85
CLASS 1-M DISTRIBUTION AMOUNT
> -1,147,770.06
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 108.89
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-R DISTRIBUTION AMOUNT
> -108.89
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC I
DATE: 12/28/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 1
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
T B02920016 245,231.71 0.00 108.72
U B02920017 126,672,275.00 91,172,681.41 626,812.20
V B02920018 47,053,000.00 47,053,000.00 323,489.37
X B02920019 0.00 0.00 50,461.18
Y B02920020 0.00 0.00 21,857.94
Z B02920021 122,153.00 119,858.24 0.00
1-RS B02920022 0.00 0.00 0.00
174,092,659.71 138,345,539.65 1,022,729.41
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 0.00 108.72 0.00 0.00 0.00
0.00 8,788,931.33 9,415,743.53 0.00 0.00 82,383,750.08
0.00 0.00 323,489.37 0.00 0.00 47,053,000.00
0.00 0.00 50,461.18 0.00 0.00 0.00
0.00 0.00 21,857.94 0.00 0.00 0.00
0.00 226.38 226.38 0.00 0.00 119,631.86
0.00 0.00 0.00 0.00 0.00 0.00
0.00 8,789,157.71 9,811,887.12 0.00 0.00 129,556,381.94
PASS-THROUGH RATE RECORD DATE: 11/30/1992
DISTRIBUTION DATE: 12/28/1992
PRIOR DISTRIBUTION DATE: 11/25/1992
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
T 0.000000 0.443336 0.000000 0.000000 8.250000% 8.250000%
U 719.752459 4.948298 69.383228 650.369231 8.250000% 8.250000%
V 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
X 0.000000 0.289852 0.000000 0.000000 0.698339% NA
Y 0.000000 0.125553 0.000000 0.000000 0.559368% NA
Z 981.214051 0.000000 1.853250 979.360802 NA NA
1-RS 0.000000 0.000000 0.000000 0.000000 NA NA
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
REMIC II
DATE: 12/28/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 1 OF 3
DISTRIBUTION SUMMARY
BEGINNING
ORIGINAL PRINCIPAL INTEREST
CLASS CUSIP FACE VALUE BALANCE DISTRIBUTION
1-A 319339BE6 70,227,000.00 38,302,120.19 263,327.08
1-B 319339BF3 36,895,000.00 36,895,000.00 253,653.13
1-C 319339BG1 47,053,000.00 47,053,000.00 319,568.29
1-D 319339BA4 0.00 0.00 3,921.08
1-E 319339BB2 2,141,000.00 2,141,000.00 14,719.38
1-F 319339BC0 0.00 0.00 50,461.18
1-G 319339BD8 0.00 0.00 21,857.94
1-H 319339AZ0 122,153.00 119,858.24 0.00
1-M 319339BH9 17,409,275.00 13,834,561.22 95,112.61
1-R 319339BJ5 245,231.71 0.00 108.72
174,092,659.71 138,345,539.65 1,002,729.41
REMAINING
INTEREST PRINCIPAL TOTAL DEFERRED REALIZED PRINCIPAL
ADJUSTMENT DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
0.00 7,910,015.12 8,173,342.20 0.00 0.00 30,392,105.07
0.00 0.00 253,653.13 0.00 0.00 36,895,000.00
0.00 0.00 319,568.29 0.00 0.00 47,053,000.00
0.00 0.00 3,921.08 0.00 0.00 0.00
0.00 0.00 14,719.38 0.00 0.00 2,141,000.00
0.00 0.00 50,461.18 0.00 0.00 0.00
0.00 0.00 21,857.94 0.00 0.00 0.00
0.00 226.38 226.38 0.00 0.00 119,631.86
0.00 878,916.21 974,028.82 0.00 0.00 12,955,645.01
0.00 0.00 108.72 0.00 0.00 0.00
0.00 8,789,157.71 9,811,887.12 0.00 0.00 129,556,381.94
PASS-THROUGH RATE RECORD DATE: 11/30/1992
DISTRIBUTION DATE: 12/28/1992
PRIOR DISTRIBUTION DATE: 11/25/1992
AMOUNTS PER $1000 UNIT
BEGINNING REMAINING
PRINCIPAL INTEREST PRINCIPAL PRINCIPAL
CLASS BALANCE DISTRIBUTION DISTRIBUTION BALANCE CURRENT NEXT
1-A 545.404477 3.749656 112.634957 432.769520 8.250000% 8.250000%
1-B 1000.000000 6.875000 0.000000 1000.000000 8.250000% 8.250000%
1-C 1000.000000 6.791667 0.000000 1000.000000 8.150000% 8.150000%
1-D 0.000000 0.022523 0.000000 0.000000 0.100000% 0.100000%
1-E 1000.000000 6.875002 0.000000 1000.000000 8.250000% 8.250000%
1-F 0.000000 0.289852 0.000000 0.000000 0.698339% NA
1-G 0.000000 0.125553 0.000000 0.000000 0.559368% NA
1-H 981.214051 0.000000 1.853250 979.360802 NA NA
1-M 794.666132 5.463330 50.485515 744.180617 8.250000% 8.250000%
1-R 0.000000 0.443336 0.000000 0.000000 8.250000% 8.250000%
ACCOUNT NUMBER: 14-1-02240-0
ADMINISTRATOR: RAFAEL HERRERA
BANK OF AMERICA NT&SA
555 ANTON BOULEVARD BC-071
COSTA MESA, CA 92626
COMMENTS:
FOR CERTIFICATE FACTOR INFORMATION, PLEASE CALL 1-800-872-8442
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 12/28/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 2 OF 3
OTHER RELATED INFORMATION
SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER:
CURRENT SERVICING FEES 31,447.49
UNCOLLECTED SERVICING FEES 2,692.06
LESS: SERVICING FEES APPLIED FOR COMPENSATING INTEREST -32,055.57
SERVICING FEES RECEIVED BY THE MASTER SERVICER 2,083.98
ADDITIONAL SERVICING COMPENSATION 0.00
TOTAL SERVICING COMPENSATION RECEIVED BY THE MASTER SERVICER 2,083.98
SERVICING FEES PER $1,000 OF CERTIFICATE
CLASS 1-A 0.007641
CLASS 1-B 0.014009
CLASS 1-C 0.013839
CLASS 1-D 0.000170
CLASS 1-E 0.014009
CLASS 1-F 0.001186
CLASS 1-G 0.000950
CLASS 1-M 0.011132
CLASS 1-R 0.000903
DELINQUENCIES:
(A) ONE MONTH:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 582,853.66
(B) TWO MONTHS:
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
(C) THREE OR MORE MONTHS:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 971,889.19
FORECLOSURES IN PROGRESS:
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 665,423.28
AGGREGATE NUMBER OF LOANS IN THE POOL 451
STATED PRINCIPAL BALANCE OF MORTGAGE POOL 129,556,381.94
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 12/28/92 STATEMENT TO CERTIFICATEHOLDERS PAGE 3 OF 3
OTHER RELATED INFORMATION
PRINCIPAL ADVANCE 6,182.54
INTEREST ADVANCE 66,746.89
TOTAL MONTHLY ADVANCES 72,929.43
COUNTRYWIDE ADVANCE 6,270.55
NORWEST ADVANCE 38,219.77
PHH ADVANCE 28,439.11
RECOVERED MONTHLY ADVANCES 11,688.94
PREPAYMENTS 8,699,456.25
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE 0.00
TAX IMPOSED ON PROHIBITED TRANSACTION 0.00
NOTIONAL BALANCES:
CLASS 1-D NOTIONAL BALANCE 47,053,000.00
CLASS 1-F NOTIONAL BALANCE 86,710,592.55
CLASS 1-G NOTIONAL BALANCE 46,891,387.90
FIRST BOSTON MORTGAGE SECURITIES CORP.
(COUNTRYWIDE, PHH, NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 12/28/92 DISTRIBUTION STATEMENT PAGE 1 OF 2
REMIC I AVAILABLE DISTRIBUTION AMOUNT
> 9,811,887.12
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT:
REGULAR INTEREST T INTEREST AMOUNT
> 108.72
REGULAR INTEREST T PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST T DISTRIBUTION AMOUNT
> -108.72
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT:
REGULAR INTEREST U INTEREST AMOUNT
> 626,812.20
REGULAR INTEREST U PRINCIPAL AMOUNT 8
>,788,931.33
REMIC I REGULAR INTEREST U DISTRIBUTION AMOUNT
> -9,415,743.53
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT:
REGULAR INTEREST V INTEREST AMOUNT
> 323,489.37
REGULAR INTEREST V PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST V DISTRIBUTION AMOUNT
> -323,489.37
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT:
REGULAR INTEREST X INTEREST AMOUNT
> 50,461.18
REGULAR INTEREST X PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST X DISTRIBUTION AMOUNT
> -50,461.18
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT:
REGULAR INTEREST Y INTEREST AMOUNT
> 21,857.94
REGULAR INTEREST Y PRINCIPAL AMOUNT
> 0.00
REMIC I REGULAR INTEREST Y DISTRIBUTION AMOUNT
> -21,857.94
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT:
REGULAR INTEREST Z INTEREST AMOUNT
> 0.00
REGULAR INTEREST Z PRINCIPAL AMOUNT
> 226.38
REMIC I REGULAR INTEREST Z DISTRIBUTION AMOUNT
> -226.38
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
FIRST BOSTON MORTGAGE SECURITIES CORP
(COUNTRYWIDE,PHH,NORWEST)
CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 1992-1
DATE: 12/28/92 DISTRIBUTION STATEMENT
> PAGE 2 OF 2
REMIC II AVAILABLE DISTRIBUTION AMOUNT
> 9,811,887.12
CLASS 1-A INTEREST DISTRIBUTION AMOUNT
> 263,327.08
CLASS 1-A PRINCIPAL DISTRIBUTION AMOUNT 7
>,910,015.12
CLASS 1-A DISTRIBUTION AMOUNT
> -8,173,342.20
CLASS 1-B INTEREST DISTRIBUTION AMOUNT
> 253,653.13
CLASS 1-B PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-B DISTRIBUTION AMOUNT
> -253,653.13
CLASS 1-C INTEREST DISTRIBUTION AMOUNT
> 319,568.29
CLASS 1-C PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-C DISTRIBUTION AMOUNT
> -319,568.29
CLASS 1-D INTEREST DISTRIBUTION AMOUNT
> 3,921.08
CLASS 1-D PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-D DISTRIBUTION AMOUNT
> -3,921.08
CLASS 1-E INTEREST DISTRIBUTION AMOUNT
> 14,719.38
CLASS 1-E PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-E DISTRIBUTION AMOUNT
> -14,719.38
CLASS 1-F INTEREST DISTRIBUTION AMOUNT
> 50,461.18
CLASS 1-F PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-F DISTRIBUTION AMOUNT
> -50,461.18
CLASS 1-G INTEREST DISTRIBUTION AMOUNT
> 21,857.94
CLASS 1-G PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-G DISTRIBUTION AMOUNT
> -21,857.94
CLASS 1-H INTEREST DISTRIBUTION AMOUNT
> 0.00
CLASS 1-H PRINCIPAL DISTRIBUTION AMOUNT
> 226.38
CLASS 1-H DISTRIBUTION AMOUNT
> -226.38
CLASS 1-M INTEREST DISTRIBUTION AMOUNT
> 95,112.61
CLASS 1-M PRINCIPAL DISTRIBUTION AMOUNT
> 878,916.21
CLASS 1-M DISTRIBUTION AMOUNT
> -974,028.82
CLASS 1-R INTEREST DISTRIBUTION AMOUNT
> 108.72
CLASS 1-R PRINCIPAL DISTRIBUTION AMOUNT
> 0.00
CLASS 1-R DISTRIBUTION AMOUNT
> -108.72
REMAINING AVAILABLE DISTRIBUTION AMOUNT
> 0.00
