<PAGE> 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: FEBRUARY 25, 1999
-----------------
(Date of Earliest Event Reported)
CMC SECURITIES CORPORATION II
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 33-56778 75-2473215
(State of Incorporation) (Commission File No.) (I.R.S. Employer
Identification No.)
2711 North Haskell
Suite 900
Dallas, Texas 75204
- ---------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (214) 874-2323
--------------
<PAGE> 2
CMC SECURITIES CORPORATION II
FORM 8-K
INDEX
<TABLE>
<CAPTION>
PAGE
----
<S> <C>
ITEM NUMBER
Item 5. Other Events............................... 3
Item 7. Financial Statements and Exhibits.......... 3
SIGNATURES .................................................. 3
</TABLE>
<PAGE> 3
ITEM 5. OTHER EVENTS.
Monthly distributions of principal and interest are made with respect to the
outstanding Series of CMC Securities Corporation II's REMIC Pass-Through
Certificates listed below as of the 25th day of each calendar month (each, a
"Distribution Date"). In connection with each Distribution Date for each
outstanding Series, the Trustee receives a report (each, a "Collateral Summary
and Remittance Report") containing certain information regarding remittances on
the collateral underlying the related Certificates. Based on such information,
the Trustee is required to prepare and mail to each Certificateholder of each
outstanding Series on each Distribution Date a statement to certificateholders
(each, a "Statement to Certificateholders") setting forth certain information
regarding the Certificates of such Series as of such Distribution Date. Relevant
information contained in the Collateral Summary and Remittance Report and
Statement to Certificateholders for the FEBRUARY 25, 1999 Distribution Date for
each outstanding Series is summarized and included as Exhibits to this filing.
Capitalized terms used herein but not otherwise defined have the meanings set
forth in the applicable Pooling Agreement.
<TABLE>
<CAPTION>
DISTRIBUTION OF PRINCIPAL
SERIES DESIGNATION AND INTEREST ON SERIES
------------------ -------------------------
<S> <C>
Series 1993-2A $1,660,747.49
Series 1993-2B $1,583,331.24
Series 1993-2C $2,507,700.46
Series 1993-2D $2,590,590.13
Series 1993-2E $4,424,376.92
Series 1993-2F $1,629,750.64
Series 1993-2G $5,869,596.33
Series 1993-2H $2,193,778.16
Series 1993-2I $3,842,313.99
Series 1995-A $1,392,774.98
Series 1996-A $1,388,394.03
Series 1996-B $2,414,877.12
Series 1996-C $1,359,195.11
</TABLE>
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits:
<TABLE>
<CAPTION>
SERIES EXHIBIT NO. DESCRIPTION
------ ----------- -----------
<S> <C> <C>
All 28.1 Collateral Summary and Remittance Report.
All 28.2 Summary of Trustee's Reports to Bondholders.
</TABLE>
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 hereunto duly authorized.
CMC SECURITIES CORPORATION II
April 15, 1999 By: /s/ PHILLIP A. REINSCH
------------------------------------------
Phillip A. Reinsch - Senior Vice President
<PAGE> 4
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
- ------- -----------
<C> <C>
28.1 Collateral Summary and Remittance Report.
28.2 Summary of Trustee's Reports to Bondholders.
</TABLE>
<PAGE> 1
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 28-FEB-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 93-2A 93-2B 93-2C 93-2D
-------------- -------------- -------------- --------------
<S> <C> <C> <C> <C>
BEGINNING SECURITY BALANCE $34,859,587.73 $25,978,064.89 $89,897,329.23 $57,014,146.65
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 45,116.20 32,821.24 124,800.40 403,932.49
Additional Principal Distribution 6,847.22 153,033.60 52,277.74 70,826.21
Liquidations Distribution 1,389,812.75 1,011,121.06 1,779,895.45 1,792,462.59
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
-------------- -------------- -------------- --------------
Ending Security Balance $33,417,811.56 $24,781,088.99 $87,940,355.64 $54,746,925.36
============== ============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $214,750.05 $161,827.54 $547,131.80 $317,642.94
Compensating Interest 4,221.26 -- 3,595.07 5,725.90
Trustee Fee (Tx. Com. Bk.) 392.17 324.71 1,123.72 712.68
Pool Insurance Premium (PMI Mtg. Ins.) -- -- -- --
Pool Insurance (GE Mort. Ins.) 8,436.02 7,455.71 -- 9,179.28
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) 1,655.83 777.17 -- --
Bond Manager Fee (Capstead) 551.94 436.71 1,123.72 831.46
Excess Compensating Interest (Capstead) -- 3,860.60 -- --
Administrative Fee (Capstead) 944.12 (0.11) 3,745.76 1,781.66
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- -- --
Other -- (1,444.38) -- --
-------------- -------------- -------------- --------------
Total Fees 11,980.08 11,410.41 5,993.20 12,505.08
-------------- -------------- -------------- --------------
Servicing Fee 11,346.91 8,118.03 23,482.46 16,006.79
Interest on Accelerated Prepayments -- -- -- --
-------------- -------------- -------------- --------------
Total Interest Distribution $242,298.30 $181,355.98 $580,202.53 $351,880.71
============== ============== ============== ==============
LOAN COUNT 132 95 336 256
WEIGHTED AVERAGE PASS-THROUGH RATE 7.537828 7.608014 7.351411 6.806076
</TABLE>
Page 1
<PAGE> 2
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 28-FEB-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 93-2E.A 93-2E.B 93-2F 93-2G
-------------- -------------- -------------- ---------------
<S> <C> <C> <C> <C>
BEGINNING SECURITY BALANCE $37,247,987.58 $99,920,494.71 $37,016,268.74 $135,004,116.94
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 254,843.92 130,264.87 47,397.74 183,935.00
Additional Principal Distribution 39,436.62 27,900.53 17,888.77 48,844.58
Liquidations Distribution 67,895.01 3,104,662.33 1,354,582.44 4,830,591.77
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
-------------- -------------- -------------- ---------------
Ending Security Balance $36,885,812.03 $96,657,666.98 $35,596,399.79 $129,940,745.59
============== ============== ============== ===============
INTEREST DISTRIBUTION:
Due Certificate Holders $207,069.42 $584,718.80 $209,881.57 $797,043.38
Compensating Interest 31.08 7,554.32 -- 9,181.60
Trustee Fee (Tx. Com. Bk.) 403.52 1,082.47 462.74 1,518.80
Pool Insurance Premium (PMI Mtg. Ins.) 8,194.56 21,982.51 10,623.69 --
Pool Insurance (GE Mort. Ins.) -- -- -- --
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- 1,107.44 --
Bond Manager Fee (Capstead) 465.60 1,249.01 616.94 1,687.55
Excess Compensating Interest (Capstead) -- -- 5,418.69 --
Administrative Fee (Capstead) 1,319.25 3,538.97 (0.07) 5,625.35
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- -- --
Other -- -- (0.02) --
-------------- -------------- -------------- ---------------
Total Fees 10,382.93 27,852.96 18,229.41 8,831.70
-------------- -------------- -------------- ---------------
Servicing Fee 10,460.94 25,827.07 11,943.88 33,684.76
Interest on Accelerated Prepayments -- -- -- --
-------------- -------------- -------------- ---------------
Total Interest Distribution $227,944.37 $645,953.15 $240,054.86 $848,741.44
============== ============== ============== ===============
LOAN COUNT 167 344 130 495
WEIGHTED AVERAGE PASS-THROUGH RATE 6.67205 7.112933 6.999637 7.166226
</TABLE>
Page 2
<PAGE> 3
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 28-FEB-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 93-2H.1 93-2H.2 93-2I 93-2I.1
-------------- -------------- -------------- --------------
<S> <C> <C> <C> <C>
BEGINNING SECURITY BALANCE $27,068,588.56 $19,569,883.92 $22,901,918.12 $19,079,944.43
Loans Repurchased -- -- --
Scheduled Principal Distribution 32,805.62 23,730.54 27,469.86 21,727.30
Additional Principal Distribution 7,737.59 3,565.56 2,185.55 49,407.86
Liquidations Distribution 673,169.90 1,179,150.94 859,369.50 836,442.04
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- (4.47) --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- 456,754.40 --
Special Hazard Account -- -- -- --
-------------- -------------- -------------- --------------
Ending Security Balance $26,354,875.45 $18,363,436.88 $21,556,143.28 $18,172,367.23
============== ============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $154,689.84 $118,928.32 $141,491.96 $117,660.04
Compensating Interest -- -- --
Trustee Fee (Tx. Com. Bk.) 338.36 244.64 286.29 238.49
Pool Insurance Premium (PMI Mtg. Ins.) -- -- -- --
Pool Insurance (GE Mort. Ins.) 7,958.17 5,616.56 6,511.74 5,609.51
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) -- -- 1,158.40 --
Excess Compensating Interest (Capstead) 2,309.90 777.31 973.85 1,445.11
Administrative Fee (Capstead) 1,127.89 205.72 121.91 794.99
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) 701.53 585.49 685.14 494.49
Other -- (0.16) (0.16) --
-------------- -------------- -------------- --------------
Total Fees 12,435.85 7,429.56 9,737.17 8,582.59
-------------- -------------- -------------- --------------
Servicing Fee 8,458.88 6,115.64 7,156.85 5,962.47
Interest on Accelerated Prepayments -- -- -- --
-------------- -------------- -------------- --------------
Total Interest Distribution $175,584.57 $132,473.52 $158,385.98 $132,205.10
============== ============== ============== ==============
LOAN COUNT 105 62 90 78
WEIGHTED AVERAGE PASS-THROUGH RATE 6.857683 7.340213 7.525521 7.400024
</TABLE>
Page 3
<PAGE> 4
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 28-FEB-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 93-2I.2 1995-A 1996-A 1996-B
-------------- -------------- -------------- --------------
<S> <C> <C> <C> <C>
BEGINNING SECURITY BALANCE $27,522,108.17 $41,427,990.45 $34,789,807.25 $69,241,743.28
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 30,347.04 42,510.81 43,528.19 79,581.17
Additional Principal Distribution 2,012.15 40,021.14 6,389.74 13,344.36
Liquidations Distribution 1,131,025.90 1,061,274.19 1,141,724.21 1,916,001.08
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
-------------- -------------- -------------- --------------
Ending Security Balance $26,358,723.08 $40,284,184.31 $33,598,165.11 $67,232,816.67
============== ============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $166,425.02 $248,980.58 $196,751.90 $405,950.45
Compensating Interest -- -- -- --
Trustee Fee (Tx. Com. Bk.) 344.03 345.24 434.87 865.52
Pool Insurance Premium (PMI Mtg. Ins.) 7,942.42 -- -- 18,712.58
Pool Insurance (GE Mort. Ins.) -- 15,535.50 10,019.46 --
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) 1,414.16 -- -- 1,739.01
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) -- -- -- --
Excess Compensating Interest (Capstead) 3,376.68 4,999.06 3,379.38 4,033.94
Administrative Fee (Capstead) 1,146.74 1,060.32 1,449.64 2,885.10
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) 823.37 949.39 797.27 2,002.24
Other -- -- -- --
-------------- -------------- -------------- --------------
Total Fees 15,047.40 22,889.51 16,080.62 30,238.39
-------------- -------------- -------------- --------------
Servicing Fee 8,600.68 12,946.19 9,686.16 20,350.96
Interest on Accelerated Prepayments -- -- -- --
-------------- -------------- -------------- --------------
Total Interest Distribution $190,073.10 $284,816.28 $222,518.68 $456,539.80
============== ============== ============== ==============
LOAN COUNT 115 192 128 240
WEIGHTED AVERAGE PASS-THROUGH RATE 7.256349 7.211952 6.78653 7.035359
</TABLE>
Page 4
<PAGE> 5
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 28-FEB-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 1996-C.1 1996-C.2 1996-C.3
-------------- -------------- --------------
<S> <C> <C> <C>
BEGINNING SECURITY BALANCE $13,349,553.97 $24,241,033.29 $24,443,442.58
Loans Repurchased -- -- --
Scheduled Principal Distribution 13,285.31 27,166.56 23,786.23
Additional Principal Distribution 371.82 2,466.50 3,144.11
Liquidations Distribution 319,022.00 -- 592,495.20
Accelerated Prepayments -- -- --
Adjustments (Cash) -- -- --
Adjustments (Non-Cash) -- -- --
Losses/Foreclosures -- -- --
Special Hazard Account -- -- --
-------------- -------------- --------------
Ending Security Balance $13,016,874.84 $24,211,400.23 $23,824,017.04
============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $83,442.26 $151,518.17 $142,496.95
Compensating Interest -- -- --
Trustee Fee (Tx. Com. Bk.) 166.87 202.01 203.70
Pool Insurance Premium (PMI Mtg. Ins.) -- -- --
Pool Insurance (GE Mort. Ins.) 3,844.67 -- --
Pool Insurance (United Guaranty Ins.) -- -- 9,105.18
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- --
Bond Manager Fee (Capstead) -- -- 5,298.58
Excess Compensating Interest (Capstead) 565.28 -- 2,668.55
Administrative Fee (Capstead) 667.51 504.98 971.85
Administrative Fee (Other) -- -- --
Excess-Fees -- -- --
Special Hazard Insurance (Aetna Casualty) 305.93 -- 706.82
Other -- -- --
-------------- -------------- --------------
Total Fees 5,550.26 706.99 18,954.68
-------------- -------------- --------------
Servicing Fee 4,171.76 5,611.03 7,638.57
Interest on Accelerated Prepayments -- -- --
-------------- -------------- --------------
Total Interest Distribution $93,164.28 $157,836.19 $169,090.20
============== ============== ==============
LOAN COUNT 59 106 108
WEIGHTED AVERAGE PASS-THROUGH RATE 7.500678 7.50058 7.255714
</TABLE>
Page 5
<PAGE> 1
<TABLE>
<CAPTION>
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS EXHIBIT 28.2
BOND BALANCES AND FACTORS FEBRUARY 1999 DISTRIBUTION
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE INTEREST PAID PRINCIPAL PAID CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS PER $1000 PER $1000 PER CLASS BALANCE FACTOR
- -----------------------------------------------------------------------------------------------------------------------------------
1993-2A 2/25/99 149,572,077.00 33,417,809.56
- --------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 125714AC9 34,791,000.00
D 125714AD7 8,535,000.00
E 125714AE5 7.25000 28,652,000.00 0.0002132019 0.0352885799 0.00 0.00 0
F 125714AG0 7.25000 10,692,000.00 0.0060416667 0.0250728264 10,423,921.34 31.19 0.9749271736
G 125714AH8 7.25000 16,410,000.00 0.0060416667 0 16,410,000.00 49.11 1
H 125714AJ4 7.25000 3,006,000.00 0.0060416667 0 3,006,000.00 9.00 1
I 125714AF2 7.25000 12,057,000.00 0.0002932106 0.0119586307 440,958.23 1.32 0.0365727984
J 125714AK1 7.25000 2,901,000.00 0.0060416684 0 2,901,000.00 8.68 1
KPO 125714AM7 0.00000 772,949.00 0 0.0238358676 235,801.99 0.71 0.3050679799
LIO 125714AN5 0.34070 0.00 0.0000661706 0 0.00 0.00 0
R 125714AL9 7.25000 128.00 0.006015625 0 128.00 0.00 1
1993-2B 2/25/99 189,529,970.00 24,781,089.02
- --------------------------------------------------------------
2B-A 125714AP0 189,529,000.0 0.0008538405 0.007500191 24,781,089.02 100.00 0.1307509089
1993-2C 2/25/99 207,040,201.00 87,940,355.07
- --------------------------------------------------------------
A-2 125714BB0 27,680,000.00
A-3 125714BC8 10,312,000.00
A-4 125714BD6 33,521,000.00
A-5 000005CQR 84,357,000.00 0.0055770892 0.022033615 74,937,426.93 85.21 0.888336794
A-R 125714AZ8 1,000.00 0.00613 0 1,000.00 0.00 1
B-1 000007CQR 5,694,392.00 0.0055318092 0.0067745775 5,103,339.87 5.80 0.8962045237
B-2 000008CQR 3,623,203.00 0.0055318098 0.0067745749 3,247,131.78 3.69 0.8962047614
B-3 000009CQR 2,588,003.00 0.0055318097 0.0067745748 2,319,380.63 2.64 0.8962047687
B-4 000010CQR 1,345,761.00 0.0055318069 0.0067745759 1,206,077.40 1.37 0.8962047496
B-5 000011CQR 621,120.00 0.0055318135 0.0067745685 556,650.71 0.63 0.8962047752
B-6 000012CQR 1,138,722.00 0.0030861703 0.0037795002 569,347.75 0.65 0.4999883641
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS EXHIBIT 28.2
BOND BALANCES AND FACTORS FEBRUARY 1999 DISTRIBUTION
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE INTEREST PAID PRINCIPAL PAID CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS PER $1000 PER $1000 PER CLASS BALANCE FACTOR
- -----------------------------------------------------------------------------------------------------------------------------------
1993-2D 2/25/99 175,093,365.00 54,746,925.85
- --------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 125714AR6 50,026,000.00
AB 125714AS4 26,754,000.00 0 0 0.00 0.00 0
B 125714AT2 39,792,000.00 0 0 0.00 0.00 0
C 125714AU9 29,251,000.00 0.0053794824 0.0775091775 25,476,560.85 46.54 0.8709637568
D 125714AV7 17,072,000.00 0.0056717297 0 17,072,000.00 31.18 1
E 125714AW5 1,897,000.00 0.005671729 0 1,897,000.00 3.47 1
F 125714AX3 10,300,365.00 0.0056717301 0 10,300,365.00 18.81 1
R 125714AY1 1,000.00 0.00567 0 1,000.00 0.00 1
1993-2E 2/25/99 317,870,015.00 133,543,478.22
- --------------------------------------------------------------
15A 125714BE4 0.00000 86,454,000.00 0.002128395 0.0036769657 32,394,691.93 24.26 0.3747043738
15B 125714BF1 0.00000 9,494,478.45 0.0021283951 0.0036769657 3,557,622.58 2.66 0.3747043892
15CPO 125714GB9 1,972,695.84 0 0.0047472955 932,129.35 0.70 0.4725154943
15DIO 125714BH7 0.00000 5,911.86 0.4861332882 0.0018927605 1,368.34 0.00 0.2314512855
30A 125714BT1 29,444,000.00
30B 125714BL8 9,738,000.00
30CIO 125714BM6 0.00000 0.00 0 0 0.00 0.00 0
30D 125714BU8 922,000.00
30E 125714BV6 29,092,000.00
30F 125714BW4 0.00000 11,747,000.00 0 0 0.00 0.00 0
30G 125714BX2 0.00000 24,409,000.00 0.0043115355 0.0622400479 16,521,971.16 12.37 0.6768802966
30H 125714BY0 0.00000 21,450,000.00 0.0058333333 0 21,450,000.00 16.06 1
30I 125714BZ7 0.00000 13,542,000.00 0.0058333333 0 13,542,000.00 10.14 1
30J 125714CA1 40,256,000.00 0.0038174178 0.029974532 31,196,923.46 23.36 0.7749633212
30K 125714CB9 17,252,571.43 0.0067442389 0.0299745331 13,370,110.03 10.01 0.7749633391
30NIO 125714BR5 0.00000 0.00 0.0000585751 0 0.00 0.00 0
30PPO 125714BS3 0.00000 1,089,658.82 0 0.018187176 576,661.37 0.43 0.5292126895
1993-2F 2/25/99 222,866,291.00 35,596,399.71
- --------------------------------------------------------------
A 125714BJ3 222,866,000.0 0.0009417388 0.0063709542 35,596,399.71 100.00 0.1597210867
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS EXHIBIT 28.2
BOND BALANCES AND FACTORS FEBRUARY 1999 DISTRIBUTION
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE INTEREST PAID PRINCIPAL PAID CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS PER $1000 PER $1000 PER CLASS BALANCE FACTOR
- -----------------------------------------------------------------------------------------------------------------------------------
1993-2G 2/25/99 246,780,547.00 129,940,755.20
- --------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2G-A1 125714CR4 59,032,000.00 0.0004269916 0.0476332127 1,408,942.89 1.08 0.0238674429
2G-A2 125714CS2 27,342,000.00 0.0016338867 0.0181484452 6,984,497.26 5.38 0.2554493914
2G-A3 125714CT0 25,200,000.00
2G-A4 125714CU7 15,000,000.00 0.0020471993 0.1026432153 3,906,457.65 3.01 0.26043051
2G-A5 125714A#2 100,190,000.0 0.005971855 0 100,190,000.00 77.10 1
2G-B1 125714A@4 4,936,000.00 0.0055125243 0.0112665093 4,500,731.88 3.46 0.9118176418
2G-B2 125714B#1 3,701,000.00 0.0055125236 0.0112665091 3,374,637.08 2.60 0.9118176385
2G-B3 125714B*5 1,481,000.00 0.0055125253 0.0112665091 1,350,401.91 1.04 0.91181763
2G-B4 125714B@3 740,000.00 0.005512527 0.0112665135 674,745.05 0.52 0.9118176351
2G-B5 125714C#0 1,481,547.00 0.0032651411 0.0066732206 800,155.71 0.62 0.5400812192
2G-M 125714A*6 7,403,000.00 0.0055125247 0.0112665095 6,750,185.77 5.19 0.9118176104
2GA3IO 125714CP8 0.00000 0.00 0 0 0.00 0.00 0
2GA4IO 125714CQ6 0.40000 0.00 0.0001210247 0 0.00 0.00 0
1993-2H 2/25/99 315,871,665.00 44,718,312.51
- --------------------------------------------------------------
2H-A1 125714CG8 0.00000 180,386,000.0 0.0008662315 0.0060789245 25,537,452.08 57.11 0.1415711423
2H-A2 125714CH6 0.00000 125,000,000.0 0.0009388955 0.006588857 19,180,860.43 42.89 0.1534468834
2H-A3 125714CJ2 10,485,000.00
1993-2I 2/25/99 367,955,786.00 66,087,233.47
- --------------------------------------------------------------
2I-3IO 125714CL7 0.00000 0.00 0.0000604434 0 0.00 0.00 0
2I-A1 125714CE3 0.00000 237,519,000.0 0.0013018271 0.010564038 47,914,866.04 72.50 0.2017306659
2I-A2 125714CD5 0.00000 130,435,853.0 0.0008317051 0.006958035 18,172,367.43 27.50 0.1393203403
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS EXHIBIT 28.2
BOND BALANCES AND FACTORS FEBRUARY 1999 DISTRIBUTION
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE INTEREST PAID PRINCIPAL PAID CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS PER $1000 PER $1000 PER CLASS BALANCE FACTOR
- -----------------------------------------------------------------------------------------------------------------------------------
1995-A 2/25/99 176,490,904.00 40,284,183.29
- --------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 125714CV5 82,117,691.00 0.0015708303 0.0037455838 20,496,983.14 50.88 0.249604962
A2 125714CW3 94,373,113.00 0.0012714165 0.0088607409 19,787,200.15 49.12 0.2096698892
R 125714CX1 100.00 0 0 0.00 0.00 0
1996-A 2/25/99 115,119,131.00 33,598,164.24
- --------------------------------------------------------------
A 125714CY9 115,119,031.0 0.001709117 0.0103513913 33,598,164.24 100.00 0.2918558639
R 125714CZ6 100.00 0 0 0.00 0.00 0
1996-B 2/25/99 207,490,355.00 67,232,815.50
- --------------------------------------------------------------
A1 125714DA0 41,914,009.00 0.0016459091 0.0068405938 10,591,456.09 15.75 0.2526948947
A2 125714DB8 165,576,246.0 0.0020350979 0.0104013102 56,641,359.41 84.25 0.3420862641
R 125714DC6 100.00 0 0 0.00 0.00 0
1996-C 2/25/99 266,806,262.00 59,007,299.71
- --------------------------------------------------------------
A 125714DD4 0.00000 266,806,062.0 0.0010237291 0.003679593 59,007,199.71 100.00 0.2248409837
R N/A 100.00 100.00
X N/A 100.00
</TABLE>
