<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: APRIL 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
----
ITEM NUMBER
<S> <C> <C>
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 APRIL 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>
SERIES DESIGNATION DISTRIBUTION OF PRINCIPAL AND INTEREST ON SERIES
------------------ ------------------------------------------------
<S> <C>
Series 1993-2A $ 2,216,417.13
Series 1993-2B $ 602,909.95
Series 1993-2C $ 4,766,806.08
Series 1993-2D $ 1,819,343.27
Series 1993-2E $ 6,706,603.88
Series 1993-2F $ 1,444,812.69
Series 1993-2G $ 4,633,901.16
Series 1993-2H $ 2,241,889.18
Series 1993-2I $ 4,292,836.72
Series 1995-A $ 893,021.40
Series 1996-A $ 708,545.82
Series 1996-B $ 2,641,829.83
Series 1996-C $ 2,696,249.74
</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
May 19, 1999 By: /s/ Phillip A. Reinsch
-----------------------------------
Phillip A. Reinsch - Senior Vice President
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit No. Description
- ----------- -----------
<S> <C>
28.1 Collateral Summary - Remittance Reports
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: 30-APR-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 93-2A 93-2B 93-2C 93-2D
------------------- ------------------- ------------------- -------------------
<S> <C> <C> <C> <C>
BEGINNING SECURITY BALANCE $ 31,211,438.29 $ 23,519,541.57 $ 83,274,442.36 $ 52,433,952.60
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 41,708.32 31,839.10 118,065.25 383,856.05
Additional Principal Distribution 9,405.05 1,335.59 87,955.18 109,863.03
Liquidations Distribution 1,968,981.77 430,205.71 4,051,305.87 1,029,255.55
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
------------------- ------------------- ------------------- -------------------
Ending Security Balance $ 29,191,343.15 $ 23,056,161.17 $ 79,017,116.06 $ 50,910,977.97
=================== =================== =================== ===================
INTEREST DISTRIBUTION:
Due Certificate Holders $ 187,302.92 $ 139,529.55 $ 496,450.48 $ 292,236.23
Compensating Interest 9,019.02 -- 13,029.30 4,132.41
Trustee Fee (Tx. Com. Bk.) 351.13 294.00 1,040.93 655.42
Pool Insurance Premium (PMI Mtg. Ins.) -- -- -- --
Pool Insurance (GE Mort. Ins.) 7,553.17 6,750.10 -- 8,441.87
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) 1,482.54 703.63 -- --
Bond Manager Fee (Capstead) 494.18 -- 1,040.93 764.66
Excess Compensating Interest (Capstead) -- 391.99 -- --
Administrative Fee (Capstead) 845.30 690.36 3,469.80 1,638.52
Administrative Fee (Other) -- 0.04 -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- -- --
Other -- -- -- --
------------------- ------------------- ------------------- -------------------
Total Fees 10,726.32 8,830.12 5,551.66 11,500.47
------------------- ------------------- ------------------- -------------------
Servicing Fee 10,017.08 7,349.86 21,357.11 14,746.62
Interest on Accelerated Prepayments -- -- -- --
------------------- ------------------- ------------------- -------------------
Total Interest Distribution $ 217,065.34 $ 155,709.53 $ 536,388.55 $ 322,615.73
=================== =================== =================== ===================
LOAN COUNT 118 89 313 240
WEIGHTED AVERAGE PASS-THROUGH RATE 7.548077 7.174212 7.341697 6.782673
</TABLE>
Page 1
<PAGE> 2
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 30-APR-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 $ 35,590,610.18 $ 91,531,788.67 $ 34,183,547.63 $ 127,083,075.71
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 249,357.58 121,082.22 45,856.01 175,699.95
Additional Principal Distribution 28,305.97 22,730.86 11,976.62 88,607.01
Liquidations Distribution 227,913.97 5,316,924.08 1,199,308.51 3,611,173.34
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
------------------- ------------------- ------------------- -------------------
Ending Security Balance $ 35,085,032.66 $ 86,071,051.51 $ 32,926,406.49 $ 123,207,595.41
=================== =================== =================== ===================
INTEREST DISTRIBUTION:
Due Certificate Holders $ 196,906.64 $ 524,794.98 $ 187,671.55 $ 749,673.99
Compensating Interest 941.45 17,646.15 -- 8,746.87
Trustee Fee (Tx. Com. Bk.) 385.56 991.59 427.27 1,429.68
Pool Insurance Premium (PMI Mtg. Ins.) 7,829.93 20,136.99 9,810.74 --
Pool Insurance (GE Mort. Ins.) -- -- -- --
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- 1,022.62 --
Bond Manager Fee (Capstead) 444.88 1,144.15 569.73 1,588.54
Excess Compensating Interest (Capstead) -- -- 4,491.90 --
Administrative Fee (Capstead) 1,260.51 3,241.85 0.43 5,295.36
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- -- --
Other -- -- -- --
------------------- ------------------- ------------------- -------------------
Total Fees 9,920.88 25,514.58 16,322.69 8,313.58
------------------- ------------------- ------------------- -------------------
Servicing Fee 9,981.58 23,860.62 11,058.09 31,559.32
Interest on Accelerated Prepayments -- -- -- --
------------------- ------------------- ------------------- -------------------
Total Interest Distribution $ 217,750.55 $ 591,816.33 $ 215,052.33 $ 798,293.76
=================== =================== =================== ===================
LOAN COUNT 161 317 120 466
WEIGHTED AVERAGE PASS-THROUGH RATE 6.670796 7.111511 6.765818 7.161497
</TABLE>
Page 2
<PAGE> 3
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 30-APR-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 $ 25,842,240.01 $ 17,026,690.80 $ 19,727,339.53 $ 17,542,499.05
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 32,409.99 22,572.46 23,597.47 21,234.03
Additional Principal Distribution 8,577.27 6,902.19 2,028.73 1,797.00
Liquidations Distribution 1,924,197.68 -- 1,065,219.21 1,270,881.43
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- 8.69 --
Adjustments (Non-Cash) -- -- 0.02 --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
------------------- ------------------- ------------------ -------------------
Ending Security Balance $ 23,877,055.07 $ 16,997,216.15 $ 18,636,485.41 $ 16,248,586.59
=================== =================== =================== ===================
INTEREST DISTRIBUTION:
Due Certificate Holders $ 143,839.97 $ 103,389.55 $ 118,573.21 $ 103,379.40
Compensating Interest -- -- -- --
Trustee Fee (Tx. Com. Bk.) 323.02 212.81 246.60 219.29
Pool Insurance Premium (PMI Mtg. Ins.) -- -- -- --
Pool Insurance (GE Mort. Ins.) 7,597.63 4,886.65 5,609.17 5,157.50
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) -- 714.48 1,036.30 --
Excess Compensating Interest (Capstead) 3,870.36 -- 1,180.88 3,483.97
Administrative Fee (Capstead) 1,076.87 154.17 85.51 730.95
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) 669.74 509.41 590.16 454.64
Other -- 0.08 (0.28) --
------------------- ------------------- ------------------ -------------------
Total Fees 13,537.62 6,477.60 8,748.34 10,046.35
------------------- ------------------- ------------------ -------------------
Servicing Fee 8,075.63 5,321.10 6,164.76 5,482.01
Interest on Accelerated Prepayments -- -- -- --
------------------- ------------------- ------------------ -------------------
Total Interest Distribution $ 165,453.22 $ 115,188.25 $ 133,486.31 $ 118,907.76
=================== =================== =================== ===================
LOAN COUNT 102 54 78 72
WEIGHTED AVERAGE PASS-THROUGH RATE 6.679296 7.337008 7.347576 7.071699
</TABLE>
Page 3
<PAGE> 4
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 30-APR-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 $ 24,907,910.86 $ 38,638,539.08 $ 33,044,625.50 $ 63,703,619.84
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 28,881.04 42,770.47 42,249.56 77,386.47
Additional Principal Distribution 5,420.97 138,986.79 6,507.00 22,659.96
Liquidations Distribution 1,508,372.82 482,722.79 475,611.97 2,181,668.46
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
------------------- ------------------- ------------------- -------------------
Ending Security Balance $ 23,365,236.03 $ 37,974,059.03 $ 32,520,256.97 $ 61,421,904.95
=================== =================== =================== ===================
INTEREST DISTRIBUTION:
Due Certificate Holders $ 143,443.00 $ 228,541.35 $ 184,177.28 $ 360,114.95
Compensating Interest -- -- -- --
Trustee Fee (Tx. Com. Bk.) 311.35 321.99 413.06 796.29
Pool Insurance Premium (PMI Mtg. Ins.) 7,188.01 -- -- 17,215.90
Pool Insurance (GE Mort. Ins.) -- 14,489.45 9,516.85 --
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) 1,280.24 -- -- 1,585.03
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) -- -- -- --
Excess Compensating Interest (Capstead) 5,613.50 1,561.30 1,344.67 6,069.60
Administrative Fee (Capstead) 1,037.86 978.47 1,376.96 2,654.38
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) 745.16 885.47 757.27 1,842.10
Other -- -- -- --
------------------- ------------------- ------------------- -------------------
Total Fees 16,176.12 18,236.68 13,408.81 30,163.30
------------------- ------------------- ------------------- -------------------
Servicing Fee 7,783.72 12,074.49 9,192.47 18,649.92
Interest on Accelerated Prepayments -- -- -- --
------------------- ------------------- ------------------- -------------------
Total Interest Distribution $ 167,402.84 $ 258,852.52 $ 206,778.56 $ 408,928.17
=================== =================== =================== ===================
LOAN COUNT 104 180 121 223
WEIGHTED AVERAGE PASS-THROUGH RATE 6.91072 7.097826 6.688311 6.78357
</TABLE>
Page 4
<PAGE> 5
CAPSTEAD MORTGAGE CORPORATION EXHIBIT 28.1
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 30-APR-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 1996-C.1 1996-C.2 1996-C.3
------------------- ------------------- -------------------
<S> <C> <C> <C>
BEGINNING SECURITY BALANCE $ 12,789,874.74 $ 23,131,085.33 $ 23,142,124.51
Loans Repurchased -- -- --
Scheduled Principal Distribution 13,296.59 27,709.85 23,449.17
Additional Principal Distribution 468.69 27,900.52 3,226.30
Liquidations Distribution 906,954.03 852,061.33 492,980.31
Accelerated Prepayments -- -- --
Adjustments (Cash) -- -- --
Adjustments (Non-Cash) -- -- --
Losses/Foreclosures -- -- --
Special Hazard Account -- -- --
------------------- ------------------- -------------------
Ending Security Balance $ 11,869,155.43 $ 22,223,413.63 $ 22,622,468.73
=================== =================== ===================
INTEREST DISTRIBUTION:
Due Certificate Holders $ 75,836.21 $ 136,825.37 $ 135,541.37
Compensating Interest -- 2,084.73 --
Trustee Fee (Tx. Com. Bk.) 159.87 192.76 192.85
Pool Insurance Premium (PMI Mtg. Ins.) -- -- --
Pool Insurance (GE Mort. Ins.) 3,683.48 -- --
Pool Insurance (United Guaranty Ins.) -- -- 8,620.44
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- --
Bond Manager Fee (Capstead) -- -- 2,940.24
Excess Compensating Interest (Capstead) 2,926.10 1,116.00 977.02
Administrative Fee (Capstead) 639.52 481.87 917.53
Administrative Fee (Other) -- -- --
Excess-Fees -- -- --
Special Hazard Insurance (Aetna Casualty) 293.10 -- 669.20
Other -- -- --
------------------- ------------------- -------------------
Total Fees 7,702.07 1,790.63 14,317.28
------------------- ------------------- -------------------
Servicing Fee 3,996.86 5,352.03 7,231.94
Interest on Accelerated Prepayments -- -- --
------------------- ------------------- -------------------
Total Interest Distribution $ 87,535.14 $ 146,052.76 $ 157,090.59
=================== =================== ===================
LOAN COUNT 57 102 102
WEIGHTED AVERAGE PASS-THROUGH RATE 7.115273 7.206412 7.180775
</TABLE>
Page 5
<PAGE> 1
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS EXHIBIT 28.2
BOND BALANCES AND FACTORS APRIL 1999 DISTRIBUTION
<TABLE>
<CAPTION>
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE INTEREST PAID PRINCIPAL PAID
PER CLASS PER $1000 PER $1000
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1993-2A 4/25/99 149,572,077.00 29,191,341.15
- -----------------------------------------------------------------------
A 125714AC9 34,791,000.00
D 125714AD7 8,535,000.00
E 125714AE5 28,652,000.00
F 125714AG0 7.25000 10,692,000.00 0.0047731893 0.1700105219
G 125714AH8 7.25000 16,410,000.00 0.0060416667 0
H 125714AJ4 7.25000 3,006,000.00 0.0060416667 0
I 125714AF2 7.25000 12,057,000.00 0.0001103956 0.0167554251
J 125714AK1 7.25000 2,901,000.00 0.0060416684 0
KPO 125714AM7 0.00000 772,949.00 0 0.0004172073
LIO 125714AN5 0.35077 0.00 0.0000609964 0
R 125714AL9 7.25000 128.00 0.006015625 0
1993-2B 4/25/99 189,529,970.00 23,056,161.20
- -----------------------------------------------------------------------
2B-A 125714AP0 189,529,000.0 0.000736191 0.002444905
1993-2C 4/25/99 207,040,201.00 79,017,115.45
- -----------------------------------------------------------------------
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 0.0051124504 0.0479936116
A-R 125714AZ8 1,000.00 0.00612 0
B-1 000007CQR 5,694,392.00 0.0053903999 0.0143874096
B-2 000008CQR 3,623,203.00 0.0053904018 0.0143874136
B-3 000009CQR 2,588,003.00 0.0053903995 0.0143874138
B-4 000010CQR 1,345,761.00 0.0053903999 0.0143874135
B-5 000011CQR 621,120.00 0.0053904077 0.0143874131
B-6 000012CQR 1,138,722.00 0.0030072748 0.0080266738
</TABLE>
<TABLE>
<CAPTION>
SERIES
CLASS CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS BALANCE FACTOR
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1993-2A
- ----------
A
D
E
F 6,629,410.76 22.71 0.6200346764
G 16,410,000.00 56.22 1
H 3,006,000.00 10.30 1
I 18,289.12 0.06 0.0015168881
J 2,901,000.00 9.94 1
KPO 226,513.27 0.78 0.2930507317
LIO 0.00 0.00 0
R 128.00 0.00 1
1993-2B
- ----------
2B-A 23,056,161.20 100.00 0.1216497802
1993-2C
- ----------
A-2
A-3
A-4
A-5 66,442,622.94 84.09 0.7876361528
A-R 1,000.00 0.00 1
B-1 4,935,176.14 6.25 0.8666730601
B-2 3,140,133.28 3.97 0.8666732943
B-3 2,242,953.10 2.84 0.8666732998
B-4 1,166,335.10 1.48 0.86667328
B-5 538,308.12 0.68 0.8666732998
B-6 550,586.77 0.70 0.4835128943
</TABLE>
<PAGE> 2
EXHIBIT 28.2
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS
BOND BALANCES AND FACTORS APRIL 1999 DISTRIBUTION
<TABLE>
<CAPTION>
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE INTEREST PAID PRINCIPAL PAID
PER CLASS PER $1000 PER $1000
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1993-2D 4/25/99 175,093,365.00 50,910,978.64
- -----------------------------------------------------------------------
A 125714AR6 50,026,000.00
AB 125714AS4 26,754,000.00
B 125714AT2 39,792,000.00
C 125714AU9 29,251,000.00 0.0044759451 0.0520657225
D 125714AV7 17,072,000.00 0.0056522276 0
E 125714AW5 1,897,000.00 0.0056522298 0
F 125714AX3 10,300,365.00 0.0056522279 0
R 125714AY1 1,000.00 0.00565 0
1993-2E 4/25/99 317,870,015.00 121,156,082.76
- -----------------------------------------------------------------------
15A 125714BE4 0.00000 86,454,000.00 0.0020328368 0.0051866842
15B 125714BF1 0.00000 9,494,478.45 0.0020328374 0.0051866843
15CPO 125714BG9 0.00000 1,972,695.84 0 0.0039859563
15DIO 125714BH7 0.00000 5,911.86 0.4719435047 0.0101606901
30A 125714BT1 29,444,000.00
30B 125714BL8 9,738,000.00
30CIO 125714BM6 0.00000 0.00 0 0
30D 125714BU8 922,000.00
30E 125714BV6 29,092,000.00
30F 125714BW4 11,747,000.00
30G 125714BX2 0.00000 24,409,000.00 0.0036439862 0.0517320107
30H 125714BY0 0.00000 21,450,000.00 0.0058333333 0
30I 125714BZ7 0.00000 13,542,000.00 0.0058333333 0
30J 125714CA1 40,256,000.00 0.0033096527 0.0726198572
30K 125714CB9 17,252,571.43 0.0060480244 0.0726198588
30NIO 125714BR5 0.00000 0.00 0.0000536403 0
30PPO 125714BS3 0.00000 1,089,658.82 0 0.0199576289
</TABLE>
<TABLE>
<CAPTION>
SERIES
CLASS CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS BALANCE FACTOR
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1993-2D
- -------
A
AB
B
C 21,640,613.64 42.51 0.7398247458
D 17,072,000.00 33.53 1
E 1,897,000.00 3.73 1
F 10,300,365.00 20.23 1
R 1,000.00 0.00 1
1993-2E
- -------
15A 30,795,478.78 25.42 0.3562065235
15B 3,381,995.14 2.79 0.3562065382
15CPO 906,279.59 0.75 0.4594116833
15DIO 1,279.19 0.00 0.2163717862
30A
30B
30CIO 0.00 0.00 0
30D
30E
30F
30G 13,985,169.12 11.54 0.5729513343
30H 21,450,000.00 17.70 1
30I 13,542,000.00 11.18 1
30J 25,585,896.98 21.12 0.6355797143
30K 10,965,384.40 9.05 0.635579729
30NIO 0.00 0.00 0
30PPO 542,599.56 0.45 0.4979535433
</TABLE>
<PAGE> 3
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS EXHIBIT 28.2
BOND BALANCES AND FACTORS APRIL 1999 DISTRIBUTION
<TABLE>
<CAPTION>
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE INTEREST PAID PRINCIPAL PAID
PER CLASS PER $1000 PER $1000
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1993-2F 4/25/99 222,866,291.00 32,926,406.56
- -----------------------------------------------------------------------
A 125714BJ3 222,866,000.0 0.0008420825 0.0056407938
1993-2G 4/25/99 246,780,547.00 123,207,605.11
- -----------------------------------------------------------------------
2G-A1 125714CR4 59,032,000.00
2G-A2 125714CS2 27,342,000.00 0.0014260266 0.0923511115
2G-A3 125714CT0 25,200,000.00
2G-A4 125714CU7 15,000,000.00 0.0011422167 0.078347256
2G-A5 125714A#2 100,190,000.0 0.0059679142 0
2G-B1 125714A@4 4,936,000.00 0.0054005369 0.00915469
2G-B2 125714B#1 3,701,000.00 0.0054005377 0.0091546879
2G-B3 125714B*5 1,481,000.00 0.0054005334 0.009154686
2G-B4 125714B@3 740,000.00 0.0054005405 0.0091546892
2G-B5 125714C#0 1,481,547.00 0.003198805 0.0054223794
2G-M 125714A*6 7,403,000.00 0.0054005363 0.0091546886
2GA3IO 125714CP8 0.00000 0.00 0 0
2GA4IO 125714CQ6 0.40000 0.00 0.000067572 0
1993-2H 4/25/99 315,871,665.00 40,874,271.60
- -----------------------------------------------------------------------
2H-A1 125714CG8 0.00000 180,386,000.0 0.0007826898 0.0063147787
2H-A2 125714CH6 0.00000 125,000,000.0 0.0008483459 0.0068444959
2H-A3 125714CJ2 10,485,000.00
1993-2I 4/25/99 367,955,786.00 58,250,308.24
- -----------------------------------------------------------------------
2I-3IO 125714CL7 0.00000 0.00 0.0000553961 0
2I-A1 125714CE3 0.00000 237,519,000.0 0.001109339 0.0110876547
2I-A2 125714CD5 0.00000 130,435,853.0 0.0007258782 0.009919914
</TABLE>
<TABLE>
<CAPTION>
SERIES
CLASS CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS BALANCE FACTOR
- --------------------------------------------------------------------------------
<S> <C> <C> <C>
1993-2F
- -------
A 32,926,406.56 100.00 0.1477408244
1993-2G
- -------
2G-A1
2G-A2 4,008,277.50 3.25 0.1465978165
2G-A3
2G-A4 1,865,522.60 1.51 0.1243681733
2G-A5 100,190,000.00 81.32 1
2G-B1 4,421,540.30 3.59 0.8957739668
2G-B2 3,315,259.45 2.69 0.8957739665
2G-B3 1,326,641.23 1.08 0.8957739568
2G-B4 662,872.73 0.54 0.8957739595
2G-B5 786,076.85 0.64 0.5305784089
2G-M 6,631,414.45 5.38 0.8957739362
2GA3IO 0.00 0.00 0
2GA4IO 0.00 0.00 0
1993-2H
- -------
2H-A1 23,342,221.42 57.11 0.1294015135
2H-A2 17,532,050.18 42.89 0.1402564014
2H-A3
1993-2I
- -------
2I-3IO 0.00 0.00 0
2I-A1 42,001,721.53 72.11 0.176835207
2I-A2 16,248,586.71 27.89 0.1245714758
</TABLE>
<PAGE> 4
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS EXHIBIT 28.2
BOND BALANCES AND FACTORS APRIL 1999 DISTRIBUTION
<TABLE>
<CAPTION>
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE INTEREST PAID PRINCIPAL PAID
PER CLASS PER $1000 PER $1000
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1995-A 4/25/99 176,490,904.00 37,974,058.01
- -----------------------------------------------------------------------
A1 125714CV5 82,117,691.00 0.0014105372 0.0021533745
A2 125714CW3 94,373,113.00 0.0011943157 0.0051672547
R 125714CX1 100.00 0 0
1996-A 4/25/99 115,119,131.00 32,520,256.10
- -----------------------------------------------------------------------
A 125714CY9 115,119,031.0 0.0015998857 0.0045550117
R 125714CZ6 100.00 0 0
1996-B 4/25/99 207,490,355.00 61,421,903.74
- -----------------------------------------------------------------------
A1 125714DA0 41,914,009.00 0.0014062379 0.00450491
A2 125714DB8 165,576,246.0 0.0018189436 0.0126400743
R 125714DC6 100.00 0 0
1996-C 4/25/99 266,806,262.00 54,670,045.39
- -----------------------------------------------------------------------
A 125714DD4 0.00000 266,806,062.0 0.0010044171 0.0088005751
R N/A 100.00
X N/A 100.00
</TABLE>
<TABLE>
<CAPTION>
SERIES
CLASS CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS BALANCE FACTOR
- ---------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1995-A
- -------
A1 18,844,860.56 49.63 0.2294860015
A2 19,129,197.45 50.37 0.2026975358
R 0.00 0.00 0
1996-A
- -------
A 32,520,256.10 100.00 0.2824924412
R 0.00 0.00 0
1996-B
- -------
A1 9,642,426.73 15.70 0.2300525996
A2 51,779,477.01 84.30 0.3127228589
R 0.00 0.00 0
1996-C
- -------
A 54,670,045.39 100.00 0.2248409837
R
X
</TABLE>