<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: NOVEMBER 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.)
8401 N Central Expressway
Suite 800
Dallas, Texas 75225
- ---------------------------------------- ----------
(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 .............................................................................................. 4
</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 NOVEMBER 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 $ 499,432.99
Series 1993-2B $ 339,732.62
Series 1993-2C $ 1,083,297.92
Series 1993-2D $ 812,578.47
Series 1993-2E $ 2,237,729.31
Series 1993-2F $ 1,005,066.03
Series 1993-2G $ 1,891,940.07
Series 1993-2H $ 861,362.62
Series 1993-2I $ 1,589,617.97
Series 1995-A $ 619,539.68
Series 1996-A $ 558,135.52
Series 1996-B $ 4,066,755.59
Series 1996-C $ 953,518.50
</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>
<PAGE> 4
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
February 9, 2000 By: /s/ Phillip A. Reinsch
-------------------------------------------
Phillip A. Reinsch - Senior Vice President
<PAGE> 5
INDEX TO 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>
<PAGE> 1
EXHIBIT 28.1
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-NOV-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 93-2A 93-2B 93-2C 93-2D
-------------- -------------- -------------- --------------
<S> <C> <C> <C> <C>
BEGINNING SECURITY BALANCE $23,877,710.60 $19,753,570.23 $69,039,654.30 $45,102,367.72
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 35,947.59 26,611.46 105,521.27 365,056.75
Additional Principal Distribution 9,899.75 2,198.98 15,865.96 48,464.95
Liquidations Distribution 304,556.07 189,373.13 539,663.11 144,328.53
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
-------------- -------------- -------------- --------------
Ending Security Balance $23,527,307.19 $19,535,386.66 $68,378,603.96 $44,544,517.49
============== ============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 148,735.15 $ 121,549.05 $ 420,773.43 $ 254,688.71
Compensating Interest 294.46 -- 1,474.16 39.53
Trustee Fee (Tx. Com. Bk.) 268.62 246.87 863.00 563.78
Pool Insurance Premium (PMI Mtg. Ins.) -- -- -- --
Pool Insurance (GE Mort. Ins.) 5,778.41 5,669.26 -- 7,261.48
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) 1,134.19 590.94 -- --
Bond Manager Fee (Capstead) 378.06 329.23 863.00 657.74
Excess Compensating Interest (Capstead) -- -- -- --
Administrative Fee (Capstead) 646.71 0.08 2,876.76 1,409.53
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- -- --
Other -- -- -- --
-------------- -------------- -------------- --------------
Total Fees 8,205.99 6,836.38 4,602.76 9,892.53
-------------- -------------- -------------- --------------
Servicing Fee 7,516.80 6,172.97 17,939.78 12,450.32
Interest on Accelerated Prepayments -- -- -- --
-------------- -------------- -------------- --------------
Total Interest Distribution $ 164,752.40 $ 134,558.40 $ 444,790.13 $ 277,071.09
============== ============== ============== ==============
LOAN COUNT 91 74 263 218
WEIGHTED AVERAGE PASS-THROUGH RATE 7.489643 7.401746 7.339218 6.777336
</TABLE>
Page 1
<PAGE> 2
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-NOV-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 $30,943,572.24 $75,913,683.90 $25,186,809.34 $111,099,379.57
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 237,010.83 105,206.54 36,407.76 164,084.69
Additional Principal Distribution 7,355.37 16,380.28 12,197.48 39,310.50
Liquidations Distribution 172,766.08 1,078,345.63 820,651.34 1,026,047.85
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
-------------- -------------- -------------- --------------
Ending Security Balance $30,526,439.96 $74,713,751.45 $24,317,552.76 $109,869,936.53
============== ============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 171,384.88 $ 445,540.43 $ 135,809.45 $ 658,618.94
Compensating Interest 398.13 3,341.16 -- 3,878.09
Trustee Fee (Tx. Com. Bk.) 335.22 822.40 314.83 1,249.87
Pool Insurance Premium (PMI Mtg. Ins.) 6,807.59 16,701.01 7,228.61 --
Pool Insurance (GE Mort. Ins.) -- -- -- --
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- 753.52 --
Bond Manager Fee (Capstead) 386.79 948.92 419.78 1,388.74
Excess Compensating Interest (Capstead) -- -- 3,441.40 --
Administrative Fee (Capstead) 1,095.87 2,688.68 (0.02) 4,629.25
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- -- --
Other -- -- -- --
-------------- -------------- -------------- --------------
Total Fees 8,625.47 21,161.01 12,158.12 7,267.86
-------------- -------------- -------------- --------------
Servicing Fee 8,648.32 19,683.33 8,242.55 27,529.91
Interest on Accelerated Prepayments -- -- -- --
-------------- -------------- -------------- --------------
Total Interest Distribution $ 189,056.80 $ 489,725.93 $ 156,210.12 $ 697,294.80
============== ============== ============== ==============
LOAN COUNT 147 264 89 413
WEIGHTED AVERAGE PASS-THROUGH RATE 6.661791 7.095663 6.647416 7.155723
</TABLE>
Page 2
<PAGE> 3
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-NOV-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 $19,406,945.01 $13,669,118.82 $14,898,673.29 $12,887,766.53
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 26,342.30 19,511.80 18,727.90 15,560.14
Additional Principal Distribution 4,123.29 7,232.95 3,997.30 3,421.97
Liquidations Distribution 622,987.61 -- 186,073.74 797,321.76
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- 28.77 --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
-------------- -------------- -------------- --------------
Ending Security Balance $18,753,491.81 $13,642,374.07 $14,689,845.58 $12,071,462.66
============== ============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 104,773.09 $ 76,391.58 $ 90,529.12 $ 78,124.24
Compensating Interest -- -- -- --
Trustee Fee (Tx. Com. Bk.) 242.59 170.84 186.24 161.09
Pool Insurance Premium (PMI Mtg. Ins.) -- -- 3,180.86 --
Pool Insurance (GE Mort. Ins.) 5,705.65 3,923.02 -- 3,789.00
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- 1,055.33 --
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) -- 551.27 789.89 --
Excess Compensating Interest (Capstead) 2,889.98 -- 329.43 1,243.94
Administrative Fee (Capstead) 808.64 87.06 57.74 536.99
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) 502.96 408.91 445.71 334.01
Other -- 0.01 0.03 --
-------------- -------------- -------------- --------------
Total Fees 10,149.82 5,141.11 6,045.23 6,065.03
-------------- -------------- -------------- --------------
Servicing Fee 6,064.67 4,271.59 4,655.86 4,027.43
Interest on Accelerated Prepayments -- -- -- --
-------------- -------------- -------------- --------------
Total Interest Distribution $ 120,987.58 $ 85,804.28 $ 101,230.21 $ 88,216.70
============== ============== ============== ==============
LOAN COUNT 77 43 62 53
WEIGHTED AVERAGE PASS-THROUGH RATE 6.47849 6.75475 7.381742 7.27427
</TABLE>
Page 3
<PAGE> 4
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-NOV-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 $19,606,934.88 $33,211,577.42 $25,150,499.89 $51,331,821.65
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 23,996.11 38,568.34 35,538.80 68,070.44
Additional Principal Distribution 2,684.74 3,945.39 4,625.90 11,327.70
Liquidations Distribution 251,790.05 386,112.58 379,911.65 3,715,653.69
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
-------------- -------------- -------------- --------------
Ending Security Balance $19,328,463.98 $32,782,951.11 $24,730,423.54 $47,536,769.82
============== ============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 117,362.10 $ 190,913.35 $ 138,059.17 $ 271,703.74
Compensating Interest -- -- -- --
Trustee Fee (Tx. Com. Bk.) 245.09 276.77 314.38 641.65
Pool Insurance Premium (PMI Mtg. Ins.) 5,658.23 -- -- 13,872.42
Pool Insurance (GE Mort. Ins.) -- 12,454.34 7,243.34 --
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) 1,017.20 -- -- 1,368.91
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) -- -- -- --
Excess Compensating Interest (Capstead) 66.96 2,095.13 699.27 14,681.03
Administrative Fee (Capstead) 816.99 834.24 1,047.94 2,138.90
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) 586.58 761.10 576.36 1,484.35
Other -- -- -- --
-------------- -------------- -------------- --------------
Total Fees 8,391.05 16,421.58 9,881.29 34,187.26
-------------- -------------- -------------- --------------
Servicing Fee 6,127.14 10,378.57 6,965.06 15,118.20
Interest on Accelerated Prepayments -- -- -- --
-------------- -------------- -------------- --------------
Total Interest Distribution $ 131,880.29 $ 217,713.50 $ 154,905.52 $ 321,009.20
============== ============== ============== ==============
LOAN COUNT 82 154 95 182
WEIGHTED AVERAGE PASS-THROUGH RATE 7.182893 6.898077 6.587185 6.351703
</TABLE>
Page 4
<PAGE> 5
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-NOV-99
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 1996-C.1 1996-C.2 1996-C.3
-------------- -------------- --------------
<S> <C> <C> <C>
BEGINNING SECURITY BALANCE $ 9,120,776.59 $17,530,382.00 $17,508,909.71
Loans Repurchased -- -- --
Scheduled Principal Distribution 10,094.69 21,614.75 18,694.35
Additional Principal Distribution 680.80 16,715.91 24,662.36
Liquidations Distribution -- 309,582.71 291,128.37
Accelerated Prepayments -- -- --
Adjustments (Cash) -- -- --
Adjustments (Non-Cash) -- -- --
Losses/Foreclosures -- -- --
Special Hazard Account -- -- --
-------------- -------------- --------------
Ending Security Balance $ 9,110,001.10 $17,182,468.63 $17,174,424.63
============== ============== ==============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 55,530.21 $ 104,304.19 $ 100,413.32
Compensating Interest -- 96.84 --
Trustee Fee (Tx. Com. Bk.) 114.01 146.09 145.91
Pool Insurance Premium (PMI Mtg. Ins.) -- -- --
Pool Insurance (GE Mort. Ins.) 2,626.78 -- --
Pool Insurance (United Guaranty Ins.) -- -- 6,522.07
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- --
Bond Manager Fee (Capstead) -- -- 3,788.98
Excess Compensating Interest (Capstead) -- -- 1,661.42
Administrative Fee (Capstead) 456.07 365.17 705.34
Administrative Fee (Other) -- -- --
Excess-Fees -- -- --
Special Hazard Insurance (Aetna Casualty) 209.02 -- 506.30
Other -- -- (0.01)
-------------- -------------- --------------
Total Fees 3,405.88 511.26 13,330.01
-------------- -------------- --------------
Servicing Fee 2,850.27 4,060.75 5,471.50
Interest on Accelerated Prepayments -- -- --
-------------- -------------- --------------
Total Interest Distribution $ 61,786.36 $ 108,973.04 $ 119,214.83
============== ============== ==============
LOAN COUNT 42 83 77
WEIGHTED AVERAGE PASS-THROUGH RATE 7.305984 7.146521 7.141664
</TABLE>
Page 5
<PAGE> 1
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS EXHIBIT 28.2
BOND BALANCES AND FACTORS NOVEMBER 1999 DISTRIBUTION
<TABLE>
<CAPTION>
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 11/26/99 149,572,077.00 23,527,305.87
- -----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 125714AC9 34,791,000.00
D 125714AD7 8,535,000.00
E 125714AE5 28,652,000.00
F 125714AG0 10,692,000.00 0.0010598148 0.0294654499 1,560,520.26 6.63 0.145952138
G 125714AH8 16,410,000.00 0.0060416667 0 16,410,000.00 69.75 1
H 125714AJ4 3,006,000.00 0.0060416667 0 3,006,000.00 12.78 1
I 125714AF2 12,057,000.00 0 0 0.00 0.00 0
J 125714AK1 2,901,000.00 0.0049730714 0.0120793313 2,352,855.37 10.00 0.8110497656
KPO 125714AM7 772,949.00 0 0.000409626 197,802.24 0.84 0.2559059395
LIO 125714AN5 0.00 0.0000398834 0 0.00 0.00 0
R 125714AL9 128.00 0.006015625 0 128.00 0.00 1
1993-2B 11/26/99 189,529,970.00 19,535,386.71
- -----------------------------------------------------------------------
2B-A 125714AP0 189,529,000.0 0.0006413216 0.0011511883 19,535,386.71 100.00 0.1030733382
1993-2C 11/26/99 207,040,201.00 68,378,603.48
- -----------------------------------------------------------------------
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 0.004136108 0.0071616216 56,444,392.13 82.55 0.6691133176
A-R 125714AZ8 1,000.00 0.00612 0 1,000.00 0.00 1
B-1 000007CQR 5,694,392.00 0.005054659 0.0039232389 4,683,861.72 6.85 0.8225393896
B-2 000008CQR 3,623,203.00 0.0050546602 0.0039232386 2,980,227.96 4.36 0.8225396038
B-3 000009CQR 2,588,003.00 0.005054658 0.0039232373 2,128,734.95 3.11 0.8225395991
B-4 000010CQR 1,345,761.00 0.0050546568 0.0039232375 1,106,941.74 1.62 0.8225396188
B-5 000011CQR 621,120.00 0.0050546593 0.0039232354 510,895.81 0.75 0.822539622
B-6 000012CQR 1,138,722.00 0.0028199684 0.002188752 522,549.17 0.76 0.4588909058
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
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 11/26/99 175,093,365.00 44,544,518.14
- -----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 125714AR6 50,026,000.00
AB 125714AS4 26,754,000.00
B 125714AT2 39,792,000.00
C 125714AU9 29,251,000.00 0.0030568415 0.0190711507 15,274,153.14 34.29 0.5221754176
D 125714AV7 17,072,000.00 0.00564778 0 17,072,000.00 38.33 1
E 125714AW5 1,897,000.00 0.0056477807 0 1,897,000.00 4.26 1
F 125714AX3 10,300,365.00 0.0056477795 0 10,300,365.00 23.12 1
R 125714AY1 1,000.00 0.00564 0 1,000.00 0.00 1
1993-2E 11/26/99 317,870,015.00 105,240,190.21
- -----------------------------------------------------------------------
15A 125714BE4 86,454,000.00 0.0017654937 0.004279662 26,764,938.51 25.43 0.3095858897
15B 125714BF1 9,494,478.45 0.0017654936 0.0042796623 2,939,356.56 2.79 0.3095859046
15CPO 125714BG9 1,972,695.84 0 0.0032736823 821,051.60 0.78 0.4162078698
15DIO 125714BH7 5,911.86 0.40192659 0.0079905277 1,093.33 0.00 0.1849340325
30A 125714BT1 29,444,000.00
30B 125714BL8 9,738,000.00
30CIO 125714BM6 0.00 0 0 0.00 0.00 0
30D 125714BU8 922,000.00
30E 125714BV6 29,092,000.00
30F 125714BW4 11,747,000.00
30G 125714BX2 24,409,000.00 0.0017390524 0.0487884862 6,086,014.80 5.78 0.2493348683
30H 125714BY0 21,450,000.00 0.0058333319 0 21,450,000.00 20.38 1
30I 125714BZ7 13,542,000.00 0.0058333319 0 13,542,000.00 12.87 1
30J 125714CA1 40,256,000.00 0.0026707144 0 23,195,750.48 22.04 0.5762060433
30K 125714CB9 17,252,571.43 0.0049723377 0 9,941,035.90 9.45 0.5762060565
30NIO 125714BR5 0.00 0.0000409888 0 0.00 0.00 0
30PPO 125714BS3 1,089,658.82 0 0.0083092876 498,949.03 0.47 0.4578946533
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
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
- -----------------------------------------------------------------------------------------------------------------------------------
1993-2F 11/26/99 222,866,291.00 24,317,552.79
- -----------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 125714BJ3 222,866,000.0 0.0006093771 0.0039003553 24,317,552.79 100.00 0.1091128875
1993-2G 11/26/99 246,780,547.00 109,869,946.56
- -----------------------------------------------------------------------
2G-A1 125714CR4 59,032,000.00
2G-A2 125714CS2 27,342,000.00 0 0 0.00 0.00 0
2G-A3 125714CT0 25,200,000.00
2G-A4 125714CU7 15,000,000.00 0 0 0.00 0.00 0
2G-A5 125714A#2 100,190,000.0 0.0056334105 0.0113989137 93,508,566.23 85.11 0.9333123688
2G-B1 125714A@4 4,936,000.00 0.0051492382 0.0045875284 4,239,674.64 3.86 0.858929222
2G-B2 125714B#1 3,701,000.00 0.005149238 0.0045875277 3,178,897.05 2.89 0.8589292218
2G-B3 125714B*5 1,481,000.00 0.005149237 0.0045875287 1,272,074.16 1.16 0.85892921
2G-B4 125714B@3 740,000.00 0.0051492432 0.004587527 635,607.61 0.58 0.8589292027
2G-B5 125714C#0 1,481,547.00 0.0027372942 0.0024386537 676,474.05 0.62 0.4565997906
2G-M 125714A*6 7,403,000.00 0.0051492395 0.004587528 6,358,652.82 5.79 0.8589291936
2GA3IO 125714CP8 0.00 0 0 0.00 0.00 0
2GA4IO 125714CQ6 0.00 0 0 0.00 0.00 0
1993-2H 11/26/99 315,871,665.00 32,395,866.17
- -----------------------------------------------------------------------
2H-A1 125714CG8 180,386,000.0 0.0005735389 0.0021533997 18,500,427.07 57.11 0.1025602157
2H-A2 125714CH6 125,000,000.0 0.0006216503 0.0023340383 13,895,439.10 42.89 0.1111635128
2H-A3 125714CJ2 10,485,000.00
1993-2I 11/26/99 367,955,786.00 46,089,772.37
- -----------------------------------------------------------------------
2I-3IO 125714CL7 0.00 0.0000409949 0 0.00 0.00 0
2I-A1 125714CE3 237,519,000.0 0.0008775527 0.0020516196 34,018,309.46 73.81 0.1432235293
2I-A2 125714CD5 130,435,853.0 0.0005537804 0.0062582783 12,071,462.91 26.19 0.0925471228
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
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
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1995-A 11/26/99 176,490,904.00 32,782,949.81
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 125714CV5 82,117,691.00 0.0011752222 0.0049439036 15,801,003.96 48.20 0.1924189997
A2 125714CW3 94,373,113.00 0.0010003573 0.0002399451 16,981,945.85 51.80 0.179944746
R 125714CX1 100.00 0 0 0.00 0.00 0
1996-A 11/26/99 115,119,131.00 24,730,422.67
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A 125714CY9 115,119,031.0 0.0011992731 0.0036490609 24,730,422.67 100.00 0.2148247988
R 125714CZ6 100.00 0.0001 0 0.00 0.00 0
1996-B 11/26/99 207,490,355.00 47,536,768.50
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A1 125714DA0 41,914,009.00 0.0009861417 0.022333175 6,394,821.51 13.45 0.1525700276
A2 125714DB8 165,576,246.0 0.0013913264 0.0172668424 41,141,946.99 86.55 0.248477351
R 125714DC6 100.00 0 0 0.00 0.00 0
1996-C 11/26/99 266,806,262.00 42,788,397.97
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A 125714DD4 266,806,062.0 0.0008390912 0.0027339854 42,788,297.97 100.00 0.1603722856
R N/A 100.00 100.00 1
X N/A 100.00
</TABLE>
