<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, 2000
--------------
(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> <C>
ITEM NUMBER
Item 5. Other Events....................................................................... 3
Item 7. Financial Statements and Exhibits.................................................. 3
SIGNATURES ................................................................................... 3
</TABLE>
2
<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, 2000 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 $ 184,497.94
Series 1993-2B *
Series 1993-2C $1,322,799.74
Series 1993-2D $1,166,998.17
Series 1993-2E 1,561,569.13
Series 1993-2F **
Series 1993-2G $1,931,505.01
Series 1993-2H *
Series 1993-2I $2,065,448.26
Series 1995-A $ 742,976.52
Series 1996-A $ 392,840.20
Series 1996-B $ 884,771.45
Series 1996-C $1,614,064.88
</TABLE>
* These certificates were redeemed in February 2000 pursuant to their
respective redemption provisions.
** These certificates were redeemed in March 2000 pursuant to this
securitization's redemption provisions.
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 22, 2000 By: /s/ Phillip A. Reinsch
------------------------------------------
Phillip A. Reinsch - Senior Vice President
3
<PAGE> 4
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
EXHIBIT NO. DESCRIPTION
----------- -----------
<S> <C>
28.1 Collateral Summary and Remittance Report.
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-APR-00
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 93-2A 93-2B 93-2C 93-2D
--------------- --------------- --------------- ---------------
<S> <C> <C> <C> <C>
BEGINNING SECURITY BALANCE $ 22,361,352.73 $ -- $ 64,871,372.78 $ 42,249,615.13
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 35,946.55 -- 103,714.92 370,951.82
Additional Principal Distribution 8,854.10 -- 24,695.99 62,921.64
Liquidations Distribution -- -- 798,214.01 494,690.03
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
--------------- --------------- --------------- ---------------
Ending Security Balance $ 22,316,552.08 $ -- $ 63,944,747.86 $ 41,321,051.64
=============== =============== =============== ===============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 139,697.30 $ -- $ 394,724.69 $ 237,946.65
Compensating Interest -- -- 1,450.13 488.03
Trustee Fee (Tx. Com. Bk.) 251.57 -- 810.89 528.12
Pool Insurance Premium (PMI Mtg. Ins.) -- -- -- --
Pool Insurance (GE Mort. Ins.) 5,411.45 -- -- 6,802.19
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) 1,062.16 -- -- --
Bond Manager Fee (Capstead) 354.05 -- 810.89 616.14
Excess Compensating Interest (Capstead) -- -- -- --
Administrative Fee (Capstead) 605.59 -- 2,703.07 1,320.36
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- -- --
Other -- -- -- --
--------------- --------------- --------------- ---------------
Total Fees 7,684.82 -- 4,324.85 9,266.81
--------------- --------------- --------------- ---------------
Servicing Fee 6,856.43 -- 16,875.36 11,696.80
Interest on Accelerated Prepayments -- -- -- --
--------------- --------------- --------------- ---------------
Total Interest Distribution $ 154,238.55 $ -- $ 417,375.03 $ 259,398.29
=============== =============== =============== ===============
LOAN COUNT 86 0 251 214
WEIGHTED AVERAGE PASS-THROUGH RATE 7.496718201 0 7.328498899 6.772170945
</TABLE>
Page 1
<PAGE> 2
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-APR-00
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 $ 27,675,719.89 $ 73,246,631.04 $ -- $106,447,436.09
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 225,537.39 105,863.26 -- 162,928.56
Additional Principal Distribution 17,091.18 19,436.06 -- 66,786.91
Liquidations Distribution 376,682.82 230,451.27 -- 967,388.25
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
--------------- --------------- --------------- ---------------
Ending Security Balance $ 27,056,408.50 $ 72,890,880.45 $ -- $105,250,332.37
=============== =============== =============== ===============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 152,095.40 $ 433,179.91 $ -- $ 633,044.55
Compensating Interest 1,231.82 -- -- 1,356.75
Trustee Fee (Tx. Com. Bk.) 299.82 793.51 -- 1,197.53
Pool Insurance Premium (PMI Mtg. Ins.) 6,088.66 16,114.26 -- --
Pool Insurance (GE Mort. Ins.) -- -- -- --
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) 345.95 915.58 -- 1,330.59
Excess Compensating Interest (Capstead) -- -- -- --
Administrative Fee (Capstead) 980.17 2,594.29 -- 4,435.45
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- -- --
Other -- -- -- --
--------------- --------------- --------------- ---------------
Total Fees 7,714.60 20,417.64 -- 6,963.57
--------------- --------------- --------------- ---------------
Servicing Fee 7,691.71 19,019.66 -- 26,378.03
Interest on Accelerated Prepayments -- -- -- --
--------------- --------------- --------------- ---------------
Total Interest Distribution $ 168,733.53 $ 472,617.21 $ -- $ 667,742.90
=============== =============== =============== ===============
LOAN COUNT 136 256 0 398
WEIGHTED AVERAGE PASS-THROUGH RATE 6.648161809 7.096789089 0 7.151713446
</TABLE>
Page 2
<PAGE> 3
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-APR-00
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 $ -- $ -- $ 13,479,535.84 $ 11,191,517.70
Loans Repurchased -- -- -- --
Scheduled Principal Distribution -- -- 15,932.37 12,999.44
Additional Principal Distribution -- -- 603.26 3,829.56
Liquidations Distribution -- -- 602,581.57 742,072.45
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- 944.43 --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- 125,337.85 --
Special Hazard Account -- -- -- --
--------------- --------------- --------------- ---------------
Ending Security Balance $ -- $ -- $ 12,734,136.36 $ 10,432,616.25
=============== =============== =============== ===============
INTEREST DISTRIBUTION:
Due Certificate Holders $ -- $ -- $ 87,963.48 $ 71,472.42
Compensating Interest -- -- -- --
Trustee Fee (Tx. Com. Bk.) -- -- 168.55 139.89
Pool Insurance Premium (PMI Mtg. Ins.) -- -- -- --
Pool Insurance (GE Mort. Ins.) -- -- 2,877.86 3,290.31
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- 954.80 --
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) -- -- 701.88 --
Excess Compensating Interest (Capstead) -- -- 2,095.98 2,721.79
Administrative Fee (Capstead) -- -- 36.69 466.30
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) -- -- 403.30 290.06
Other -- -- -- --
--------------- --------------- --------------- ---------------
Total Fees -- -- 7,239.06 6,908.35
--------------- --------------- --------------- ---------------
Servicing Fee -- -- 4,212.42 3,497.34
Interest on Accelerated Prepayments -- -- -- --
--------------- --------------- --------------- ---------------
Total Interest Distribution $ -- $ -- $ 99,414.96 $ 81,878.11
=============== =============== =============== ===============
LOAN COUNT 0 0 56 46
WEIGHTED AVERAGE PASS-THROUGH RATE 0 0 8.079923 7.663563272
</TABLE>
Page 3
<PAGE> 4
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-APR-00
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 93-2I.2 1995-A 1996-A 1996-B
--------------- --------------- --------------- ---------------
<S> <C> <C> <C> <C>
BEGINNING SECURITY BALANCE $ 17,441,685.83 $ 29,553,104.56 $ 22,840,369.45 $ 44,376,067.89
Loans Repurchased -- -- -- --
Scheduled Principal Distribution 19,708.92 33,449.26 29,913.34 55,252.38
Additional Principal Distribution 5,556.77 2,476.98 3,663.41 29,438.11
Liquidations Distribution 260,310.88 520,344.13 220,749.50 530,203.24
Accelerated Prepayments -- -- -- --
Adjustments (Cash) -- -- -- --
Adjustments (Non-Cash) -- -- -- --
Losses/Foreclosures -- -- -- --
Special Hazard Account -- -- -- --
--------------- --------------- --------------- ---------------
Ending Security Balance $ 17,156,109.26 $ 28,996,834.19 $ 22,586,043.20 $ 43,761,174.16
=============== =============== =============== ===============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 116,134.86 $ 186,706.16 $ 138,513.96 $ 269,877.71
Compensating Interest -- -- -- --
Trustee Fee (Tx. Com. Bk.) 218.02 246.28 285.50 554.70
Pool Insurance Premium (PMI Mtg. Ins.) 5,033.38 -- -- 11,992.63
Pool Insurance (GE Mort. Ins.) -- 11,082.41 6,578.02 --
Pool Insurance (United Guaranty Ins.) -- -- -- --
Backup for Pool Insurance (Fin. Sec. Assur.) 880.73 -- -- 1,138.00
Special Hazard Insurance (Comm. and Ind.) -- -- -- --
Bond Manager Fee (Capstead) -- -- -- --
Excess Compensating Interest (Capstead) -- 179.33 757.95 477.51
Administrative Fee (Capstead) 726.72 755.70 951.69 1,849.10
Administrative Fee (Other) -- -- -- --
Excess-Fees -- -- -- --
Special Hazard Insurance (Aetna Casualty) 521.80 677.26 523.42 1,283.21
Other -- -- -- --
--------------- --------------- --------------- ---------------
Total Fees 7,380.65 12,940.98 9,096.58 17,295.15
--------------- --------------- --------------- ---------------
Servicing Fee 5,450.57 9,235.38 6,312.13 13,197.09
Interest on Accelerated Prepayments -- -- -- --
--------------- --------------- --------------- ---------------
Total Interest Distribution $ 128,966.08 $ 208,882.52 $ 153,922.67 $ 300,369.95
=============== =============== =============== ===============
LOAN COUNT 73 142 86 161
WEIGHTED AVERAGE PASS-THROUGH RATE 7.990158369 7.581179552 7.277323266 7.297925828
</TABLE>
Page 4
<PAGE> 5
CAPSTEAD MORTGAGE CORPORATION
COLLATERAL SUMMARY AND REMITTANCE REPORT
FOR MONTH ENDING: 25-APR-00
MASTER SERVICING DIVISION
<TABLE>
<CAPTION>
DEAL REFERENCE 1996-C.1 1996-C.2 1996-C.3
--------------- --------------- ---------------
<S> <C> <C> <C>
BEGINNING SECURITY BALANCE $ 7,014,686.24 $ 15,964,504.12 $ 15,077,450.59
Loans Repurchased -- -- --
Scheduled Principal Distribution 7,252.10 18,066.11 15,299.50
Additional Principal Distribution 477.72 33,942.57 1,581.03
Liquidations Distribution -- 1,064,433.23 227,500.43
Accelerated Prepayments -- -- --
Adjustments (Cash) -- -- --
Adjustments (Non-Cash) -- -- --
Losses/Foreclosures -- -- --
Special Hazard Account -- -- --
--------------- --------------- ---------------
Ending Security Balance $ 7,006,956.42 $ 14,848,062.21 $ 14,833,069.63
=============== =============== ===============
INTEREST DISTRIBUTION:
Due Certificate Holders $ 46,668.73 $ 101,468.83 $ 96,330.39
Compensating Interest -- 1,044.24 --
Trustee Fee (Tx. Com. Bk.) 87.69 133.04 125.65
Pool Insurance Premium (PMI Mtg. Ins.) -- -- --
Pool Insurance (GE Mort. Ins.) 2,020.22 -- --
Pool Insurance (United Guaranty Ins.) -- -- 5,616.35
Backup for Pool Insurance (Fin. Sec. Assur.) -- -- --
Special Hazard Insurance (Comm. and Ind.) -- -- --
Bond Manager Fee (Capstead) -- -- 3,202.38
Excess Compensating Interest (Capstead) -- 1,086.16 369.17
Administrative Fee (Capstead) 350.71 332.62 616.62
Administrative Fee (Other) -- -- --
Excess-Fees -- -- --
Special Hazard Insurance (Aetna Casualty) 160.76 -- 435.99
Other -- -- (0.01)
--------------- --------------- ---------------
Total Fees 2,619.38 1,551.82 10,366.15
--------------- --------------- ---------------
Servicing Fee 2,192.11 3,689.24 4,711.72
Interest on Accelerated Prepayments -- -- --
--------------- --------------- ---------------
Total Interest Distribution $ 51,480.22 $ 107,754.13 $ 111,408.26
=============== =============== ===============
LOAN COUNT 33 76 68
WEIGHTED AVERAGE PASS-THROUGH RATE 7.98360384 7.70557501 7.921718
</TABLE>
Page 5
<PAGE> 1
EXHIBIT 28.2
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS
BOND BALANCES AND FACTORS APRIL 2000 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> <C>
1993-2A 4/25/00 149,572,077.00 22,316,550.86
- -----------------------------------------------------------------------
A 125714AC9 34,791,000.00
D 125714AD7 8,535,000.00
E 125714AE5 28,652,000.00
F 125714AG0 10,692,000.00 0.0002997755 0.0037428414
G 125714AH8 16,410,000.00 0.0060416667 0
H 125714AJ4 3,006,000.00 0.0060416667 0
I 125714AF2 12,057,000.00 0 0
J 125714AK1 2,901,000.00 0.0046572561 0.001544395
KPO 125714AM7 772,949.00 0 0.0003905691
LIO 125714AN5 0.00 0.0000379458 0
R 125714AL9 128.00 0.006015625 0
1993-2B 4/25/00 189,529,970.00
- ------------------------------------------------
2B-A 125714AP0 189,529,000.0
1993-2C 4/25/00 207,040,201.00 63,944,747.39
- -----------------------------------------------------------------------
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 0.0038682555 0.0100797669
A-R 125714AZ8 1,000.00 0.00611 0
B-1 000007CQR 5,694,392.00 0.0049070296 0.0055019728
B-2 000008CQR 3,623,203.00 0.0049070312 0.0055019744
B-3 000009CQR 2,588,003.00 0.0049070306 0.0055019758
B-4 000010CQR 1,345,761.00 0.0049070303 0.0055019725
B-5 000011CQR 621,120.00 0.0049070228 0.0055019803
B-6 000012CQR 1,138,722.00 0.0015645698 0
<CAPTION>
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS PER CLASS BALANCE FACTOR
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1993-2A 4/25/00 149,572,077.00 22,316,550.86
- -----------------------------------------------------------------------
A 125714AC9 34,791,000.00
D 125714AD7 8,535,000.00
E 125714AE5 28,652,000.00
F 125714AG0 10,692,000.00 490,497.72 2.20 0.0458752076
G 125714AH8 16,410,000.00 16,410,000.00 73.53 1
H 125714AJ4 3,006,000.00 3,006,000.00 13.47 1
I 125714AF2 12,057,000.00 0.00 0.00 0
J 125714AK1 2,901,000.00 2,231,773.53 10.00 0.7693117994
KPO 125714AM7 772,949.00 178,151.61 0.80 0.2304830073
LIO 125714AN5 0.00 0.00 0.00 0
R 125714AL9 128.00 128.00 0.00 1
1993-2B 4/25/00 189,529,970.00
- ------------------------------------------------
2B-A 125714AP0 189,529,000.0
1993-2C 4/25/00 207,040,201.00 63,944,747.39
- -----------------------------------------------------------------------
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 52,581,832.82 82.23 0.6233250687
A-R 125714AZ8 1,000.00 1,000.00 0.00 1
B-1 000007CQR 5,694,392.00 4,544,102.65 7.11 0.7979961074
B-2 000008CQR 3,623,203.00 2,891,302.64 4.52 0.7979963143
B-3 000009CQR 2,588,003.00 2,065,216.84 3.23 0.7979963084
B-4 000010CQR 1,345,761.00 1,073,912.34 1.68 0.7979963307
B-5 000011CQR 621,120.00 495,651.48 0.78 0.7979963292
B-6 000012CQR 1,138,722.00 291,728.62 0.46 0.2561895002
</TABLE>
<PAGE> 2
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS
BOND BALANCES AND FACTORS APRIL 2000 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> <C>
1993-2D 4/25/00 175,093,365.00 41,321,052.29
- -----------------------------------------------------------------------
A 125714AR6 50,026,000.00
AB 125714AS4 26,754,000.00
B 125714AT2 39,792,000.00
C 125714AU9 29,251,000.00 0.0025041226 0.0317446751
D 125714AV7 17,072,000.00 0.0056434759 0
E 125714AW5 1,897,000.00 0.0056434739 0
F 125714AX3 10,300,365.00 0.0056434757 0
R 125714AY1 1,000.00 0.00564 0
1993-2E 4/25/00 317,870,015.00 99,947,287.77
- -----------------------------------------------------------------------
15A 125714BE4 86,454,000.00 0.0015779268 0.0063250501
15B 125714BF1 9,494,478.45 0.0015779267 0.0063250502
15CPO 125714BG9 1,972,695.84 0 0.0062867771
15DIO 125714BH7 5,911.86 0.3242980379 0.0051691475
30A 125714BT1 29,444,000.00
30B 125714BL8 9,738,000.00
30CIO 125714BM6 0.00 0 0
30D 125714BU8 922,000.00
30E 125714BV6 29,092,000.00
30F 125714BW4 11,747,000.00
30G 125714BX2 24,409,000.00 0.0011060654 0.0145374489
30H 125714BY0 21,450,000.00 0.0058333315 0
30I 125714BZ7 13,542,000.00 0.0058333319 0
30J 125714CA1 40,256,000.00 0.0028334924 0
30K 125714CB9 17,252,571.43 0.0045925219 0
30NIO 125714BR5 0.00 0.0000398474 0
30PPO 125714BS3 1,089,658.82 0 0.0008314528
<CAPTION>
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS PER CLASS BALANCE FACTOR
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1993-2D 4/25/00 175,093,365.00 41,321,052.29
- -----------------------------------------------------------------------
A 125714AR6 50,026,000.00
AB 125714AS4 26,754,000.00
B 125714AT2 39,792,000.00
C 125714AU9 29,251,000.00 12,050,687.29 29.16 0.4119752244
D 125714AV7 17,072,000.00 17,072,000.00 41.32 1
E 125714AW5 1,897,000.00 1,897,000.00 4.59 1
F 125714AX3 10,300,365.00 10,300,365.00 24.93 1
R 125714AY1 1,000.00 1,000.00 0.00 1
1993-2E 4/25/00 317,870,015.00 99,947,287.77
- -----------------------------------------------------------------------
15A 125714BE4 86,454,000.00 23,705,276.39 23.72 0.2741952529
15B 125714BF1 9,494,478.45 2,603,340.92 2.60 0.2741952659
15CPO 125714BG9 1,972,695.84 746,901.53 0.75 0.3786196809
15DIO 125714BH7 5,911.86 889.72 0.00 0.1504939107
30A 125714BT1 29,444,000.00
30B 125714BL8 9,738,000.00
30CIO 125714BM6 0.00 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 4,273,377.19 4.28 0.175073833
30H 125714BY0 21,450,000.00 21,450,000.00 21.46 1
30I 125714BZ7 13,542,000.00 13,542,000.00 13.55 1
30J 125714CA1 40,256,000.00 23,195,750.48 23.21 0.5762060433
30K 125714CB9 17,252,571.43 9,941,035.90 9.95 0.5762060565
30NIO 125714BR5 0.00 0.00 0.00 0
30PPO 125714BS3 1,089,658.82 488,715.64 0.49 0.4485032841
</TABLE>
<PAGE> 3
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS
BOND BALANCES AND FACTORS APRIL 2000 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> <C>
1993-2F 4/25/00 222,866,291.00
- ------------------------------------------------
A 125714BJ3 222,866,000.0
1993-2G 4/25/00 246,780,547.00 105,250,332.37
- -----------------------------------------------------------------------
2G-A1 125714CR4 59,032,000.00
2G-A2 125714CS2 27,342,000.00 0 0
2G-A3 125714CT0 25,200,000.00
2G-A4 125714CU7 15,000,000.00 0 0
2G-A5 125714A#2 100,190,000.0 0.0053831007 0.01108591
2G-B1 125714A@4 4,936,000.00 0.0050395725 0.0045803971
2G-B2 125714B#1 3,701,000.00 0.0050395704 0.0045803972
2G-B3 125714B*5 1,481,000.00 0.0050395746 0.0045803984
2G-B4 125714B@3 740,000.00 0.0050395676 0.0045803919
2G-B5 125714C#0 1,481,547.00 0.0020524627 0.0018654555
2G-M 125714A*6 7,403,000.00 0.0050395718 0.0045803971
2GA3IO 125714CP8 0.00 0 0
2GA4IO 125714CQ6 0.00 0 0
1993-2H 4/25/00 315,871,665.00
- ------------------------------------------------
2H-A1 125714CG8 180,386,000.0
2H-A2 125714CH6 125,000,000.0
2H-A3 125714CJ2 10,485,000.00
1993-2I 4/25/00 367,955,786.00 40,322,861.94
- -----------------------------------------------------------------------
2I-3IO 125714CL7 0.00 0.0000346992 0
2I-A1 125714CE3 237,519,000.0 0.0008689024 0.0043406045
2I-A2 125714CD5 130,435,853.0 0.0004957526 0.0058181967
<CAPTION>
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS PER CLASS BALANCE FACTOR
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1993-2F 4/25/00 222,866,291.00
- ------------------------------------------------
A 125714BJ3 222,866,000.0
1993-2G 4/25/00 246,780,547.00 105,250,332.37
- -----------------------------------------------------------------------
2G-A1 125714CR4 59,032,000.00
2G-A2 125714CS2 27,342,000.00 0.00 0.00 0
2G-A3 125714CT0 25,200,000.00
2G-A4 125714CU7 15,000,000.00 0.00 0.00 0
2G-A5 125714A#2 100,190,000.0 89,385,019.40 84.93 0.8921550993
2G-B1 125714A@4 4,936,000.00 4,151,270.78 3.94 0.8410192018
2G-B2 125714B#1 3,701,000.00 3,112,612.07 2.96 0.8410192029
2G-B3 125714B*5 1,481,000.00 1,245,549.42 1.18 0.8410191897
2G-B4 125714B@3 740,000.00 622,354.19 0.59 0.8410191757
2G-B5 125714C#0 1,481,547.00 507,461.57 0.48 0.3425214117
2G-M 125714A*6 7,403,000.00 6,226,064.94 5.92 0.8410191733
2GA3IO 125714CP8 0.00 0.00 0.00 0
2GA4IO 125714CQ6 0.00 0.00 0.00 0
1993-2H 4/25/00 315,871,665.00
- ------------------------------------------------
2H-A1 125714CG8 180,386,000.0
2H-A2 125714CH6 125,000,000.0
2H-A3 125714CJ2 10,485,000.00
1993-2I 4/25/00 367,955,786.00 40,322,861.94
- -----------------------------------------------------------------------
2I-3IO 125714CL7 0.00 0.00 0.00 0
2I-A1 125714CE3 237,519,000.0 29,890,245.46 74.13 0.1258435976
2I-A2 125714CD5 130,435,853.0 10,432,616.48 25.87 0.0799827366
</TABLE>
<PAGE> 4
CMC SECURITIES CORPORATION II SOURCE: CHASE BANK OF TEXAS
BOND BALANCES AND FACTORS APRIL 2000 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> <C>
1995-A 4/25/00 176,490,904.00 28,996,832.84
- -----------------------------------------------------------------------
A1 125714CV5 82,117,691.00 0.0012219737 0.0007735857
A2 125714CW3 94,373,113.00 0.0009150962 0.0052212468
R 125714CX1 100.00 0 0
1996-A 4/25/00 115,119,131.00 22,586,042.33
- -----------------------------------------------------------------------
A 125714CY9 115,119,031.0 0.0012032236 0.0022092459
R 125714CZ6 100.00 0.0001 0
1996-B 4/25/00 207,490,355.00 43,761,172.79
- -----------------------------------------------------------------------
A1 125714DA0 41,914,009.00 0.0009588813 0.0128067833
A2 125714DB8 165,576,246.0 0.0013871987 0.0004717471
R 125714DC6 100.00 0 0
1996-C 4/25/00 266,806,262.00 36,006,490.79
- -----------------------------------------------------------------------
A 125714DD4 266,806,062.0 0.0007306681 0.0051293913
R N/A 100.00
X N/A 100.00
<CAPTION>
SERIES PAYMENT DATE CLOSING BALANCE CURRENT BALANCE
CLASS CUSIP NUMBER COUPON CLOSING BALANCE CURRENT BALANCE % OF CURRENT CURRENT
PER CLASS PER CLASS BALANCE FACTOR
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1995-A 4/25/00 176,490,904.00 28,996,832.84
- -----------------------------------------------------------------------
A1 125714CV5 82,117,691.00 14,969,766.56 51.63 0.1822964866
A2 125714CW3 94,373,113.00 14,027,066.28 48.37 0.1486341378
R 125714CX1 100.00 0.00 0.00 0
1996-A 4/25/00 115,119,131.00 22,586,042.33
- -----------------------------------------------------------------------
A 125714CY9 115,119,031.0 22,586,042.33 100.00 0.1961972937
R 125714CZ6 100.00 0.00 0.00 0
1996-B 4/25/00 207,490,355.00 43,761,172.79
- -----------------------------------------------------------------------
A1 125714DA0 41,914,009.00 5,519,345.83 12.61 0.1316826035
A2 125714DB8 165,576,246.0 38,241,826.96 87.39 0.2309620364
R 125714DC6 100.00 0.00 0.00 0
1996-C 4/25/00 266,806,262.00 36,006,490.79
- -----------------------------------------------------------------------
A 125714DD4 266,806,062.0 36,006,390.79 100.00 0.1349534209
R N/A 100.00 100.00 0.00 1
X N/A 100.00
</TABLE>