SUPERIOR BANK FSB
8-K, 1998-11-12
ASSET-BACKED SECURITIES
Previous: SUPERIOR BANK FSB, 8-K, 1998-11-12
Next: ESQUIRE COMMUNICATIONS LTD, 10QSB, 1998-11-12




================================================================================
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 28, 1998

SUPERIOR BANK FSB (as depositor under the Pooling and Servicing Agreement, dated
as of September 1, 1998, providing for the issuance of AFC Mortgage Loan Asset
Backed Certificates, Series 1998-3)

                                Superior Bank FSB
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

        United States               333-61691                   36-1414142
- ----------------------------       -----------            ---------------------
(State or Other Jurisdiction       (Commission              (I.R.S. Employer
    of Incorporation)              File Number)           Identification Number)

             One Lincoln Centre
             Oakbrook Terrace, Illinois         60181
             --------------------------       ---------
             (Address of Principal            (Zip Code)
               Executive Offices)
       
       Registrant's telephone number, including area code (630) 916-4000

================================================================================

<PAGE>





Item 2. Acquisition or Disposition of Assets

Description of the Certificates, Group 1 and Group 2

         On September 24, 1998 a single series of certificates, entitled AFC
Mortgage Loan Asset Backed Certificates, Series 1998-3 (the "Certificates") were
issued pursuant to a pooling and servicing agreement (the "Agreement"), dated as
of September 1, 1998, among Superior Bank FSB, as depositor (the "Depositor")
and servicer (the "Servicer") and LaSalle National Bank, as trustee (the
"Trustee").

         On September 29, 1998, following the closing of the initial issuance of
the Certificates, pursuant to the Agreement, the Trustee purchased from the
Depositor Subsequent Mortgage Loans, as defined in the Agreement, with an
aggregate principal balance equal to $12,970,637.34 with respect to Sub-Pool I
with funds on deposit in the Sub-Pool I Pre-Funding Account, $18,842,035.40 with
respect to Sub-Pool II with funds on deposit in the Sub-Pool II Pre-Funding
Account, $9,710,950.97 with respect to Sub-Pool III with funds on deposit in the
Sub-Pool III Pre-Funding Account and $8,333,875.26 with respect to Sub-Pool IV
with funds on deposit in the Sub-Pool IV Pre-Funding Account, each established
pursuant to the Agreement at a purchase price equal to the principal balance
thereof, which Subsequent Mortgage Loans were conveyed to the Trustee pursuant
to a Subsequent Transfer Instrument, dated September 29, 1998, between the
Depositor and the Trustee.

         On October 28, 1998, following the closing of the initial issuance of
the Certificates, pursuant to the Agreement, the Trustee purchased from the
Depositor Subsequent Mortgage Loans, as defined in the Agreement, with an
aggregate principal balance equal to $7,538,438.68 with respect to Sub-Pool I
with funds on deposit in the Sub-Pool I Pre-Funding Account, $19,981,304.33 with
respect to Sub-Pool II with funds on deposit in the Sub-Pool II Pre-Funding
Account and $22,476,508.34 with respect to Sub-Pool III with funds on deposit in
the Sub-Pool III Pre-Funding Account, each established pursuant to the Agreement
at a purchase price equal to the principal balance thereof, which Subsequent
Mortgage Loans were conveyed to the Trustee pursuant to a Subsequent Transfer
Instrument, dated October 28, 1998, between the Depositor and the Trustee (the
"October 28 Instrument"). Attached to the October 28 Instrument are the Mortgage
Loan Schedules with respect to Group 1 and Group 2 listing the related
Subsequent Mortgage Loans that are the subject of such October 28 Instrument.

         Items 3 through 6 and Item 8 are not included because they are not
applicable.

         Item 7.  Financial Statements and Exhibits

                  (a)      Not applicable

                  (b)      Not applicable


                                        2
<PAGE>


                  (c)      Exhibits

                  4.1 Subsequent Transfer Instrument, dated October 28, 1998,
between Superior Bank FSB, as Depositor and LaSalle National Bank, as Trustee.


                                        3
<PAGE>


                                   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 thereunto duly authorized.

                                          SUPERIOR BANK FSB

                                          By:  /s/ WILLIAM C. BRACKEN
                                              ------------------------------
                                          Name:  William C. Bracken
                                          Title: Senior Vice President
                                                 and Chief Financial Officer

Dated: October 28, 1998


<PAGE>





                                 EXHIBITS INDEX
Exhibit No. 
- ----------

  4.1      Subsequent Transfer Instrument, dated October 28, 1998, between
           Superior Bank FSB, as Depositor and LaSalle National Bank, as 
           Trustee.








                         SUBSEQUENT TRANSFER INSTRUMENT

     Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
October 28, 1998, between Superior Bank FSB, as seller (the "Depositor"), and
LaSalle National Bank, as Trustee of the AFC Mortgage Loan Asset Backed
Certificates, Series 1998-3, as purchaser (the "Trustee"), and pursuant to the
Pooling and Servicing Agreement, dated as of September 1, 1998, by and among
Superior Bank FSB, as Depositor and Servicer, and LaSalle National Bank, as
Trustee (the "Pooling and Servicing Agreement"), the Depositor and the Trustee
agree to the sale by the Depositor and the purchase by the Trustee, on behalf of
the Trust Fund, of the Mortgage Loans listed on the attached Schedule of
Mortgage Loans (the "Subsequent Mortgage Loans").

     Capitalized terms used and not defined herein have their respective
meanings as set forth in the Pooling and Servicing Agreement.

     Section 1. Conveyance of Subsequent Mortgage Loans.

     (a) The Depositor, upon receipt of the purchase price therefor, does hereby
sell, transfer, assign, set over and convey to the Trustee, on behalf of the
Trust Fund, without recourse, all of its right, title and interest in and to the
Subsequent Mortgage Loans, excepting the Depositor's Yield, and including all
amounts due on the Subsequent Mortgage Loans after the related Subsequent
Cut-Off Date, and all items with respect to the Subsequent Mortgage Loans to be
delivered pursuant to Section 2.04 of the Pooling and Servicing Agreement;
provided, however that the Depositor reserves and retains all right, title and
interest in and to amounts (including Prepayments, Curtailments and Excess
Payments) due on the Subsequent Mortgage Loans on or prior to the related
Subsequent Cut-off Date. The Depositor, contemporaneously with the delivery of
this Agreement, has delivered or caused to be delivered to the Trustee or, if a
Custodian has been appointed pursuant to Section 12.12 of the Pooling and
Servicing Agreement, to the Custodian each item set forth in Section 2.04 of the
Pooling and Servicing Agreement. The transfer to the Trustee by the Depositor of
the Subsequent Mortgage Loans identified on the Mortgage Loan Schedule shall be
absolute and is intended by the Depositor, the Servicer, the Trustee and the
Certificateholders to constitute and to be treated as a sale by the Depositor to
the Trust Fund.

     (b) The expenses and costs relating to the delivery of the Subsequent
Mortgage Loans, this Instrument and the Pooling and Servicing Agreement shall be
borne by the Depositor.

     (c) Additional terms of the sale are set forth on Attachment A hereto.

     Section 2. Representations and Warranties; Conditions Precedent.

     (a) The Depositor, contemporaneously with the delivery of this Agreement,
hereby affirms the representations and warranties set forth in Section 3.02 of
the Pooling and Servicing Agreement that relate to the Subsequent Mortgage Loans
as of the date hereof. The Depositor hereby confirms that each of the conditions
set forth in Section 2.10(b), and as


                                       -1-
<PAGE>


applicable, Section 2.10(c) or Section 2.10(d), of the Pooling and Servicing
Agreement are satisfied as of the date hereof.

     (b) All terms and conditions of the Pooling and Servicing Agreement are
hereby ratified and confirmed; provided, however, that in the event of any
conflict the provisions of this Instrument shall control over the conflicting
provisions of the Pooling and Servicing Agreement.

     Section 3. Recordation of Instrument.

     To the extent permitted by applicable law, this Instrument, or a memorandum
thereof if permitted under applicable law, is subject to recordation in all
appropriate public offices for real property records in all of the counties or
other comparable jurisdictions in which any or all of the properties subject to
the Mortgages are situated, and in any other appropriate public recording office
or elsewhere, such recordation to be effected by the Servicer at the
Certificateholders' expense on direction of the Certificate Insurer or the
related Majority Certificateholders, but only when accompanied by an Opinion of
Counsel to the effect that such recordation materially and beneficially affects
the interests of the Certificateholders or is necessary for the administration
or servicing of the Mortgage Loans.

     Section 4. Governing Law.

     This Instrument shall be construed in accordance with the laws of the State
of New York and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws, without giving effect to
principles of conflicts of law.

     Section 5. Counterparts.

     This Instrument may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so
executed, shall be deemed to be an original; such counterparts, together, shall
constitute one and the same instrument.


                                       -2-
<PAGE>


     Section 6. Successors and Assigns.

     This Instrument shall inure to the benefit of and be binding upon the
Depositor and the Trustee and their respective successors and assigns.

                                           SUPERIOR BANK FSB

                                           By: /s/ WILLIAM C. BRACKEN
                                               --------------------------------
                                           Name:      William C. Bracken
                                           Title:     Senior Vice President and
                                                      Chief Financial Officer


                                           AFC MORTGAGE LOAN ASSET
                                           BACKED CERTIFICATES, SERIES 1998-3

                                           By: LASALLE NATIONAL BANK,
                                                      as Trustee

                                           By: /s/ SHASHANK MISHRA
                                               --------------------------------
                                           Name:      Shashank Mishra
                                           Title:     First Vice President

Attachments

    A.  Additional terms of the sale.
    B.  Schedule of Subsequent Mortgage Loans.


                                       -3-
<PAGE>


           AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-3
                       ATTACHMENT A TO SUBSEQUENT TRANSFER
                             INSTRUMENT FOR GROUP 1
                                  Series 1998-3
                                October 28, 1998
<TABLE>
<CAPTION>
<S>      <C>      <C>                                                           <C>
A.

         1.       Subsequent Cut-off Date:                                      October 27, 1998
         2.       Pricing Date:
         3.       Subsequent Transfer Date:                                     October 28, 1998
         4.       Aggregate Principal Balance of the Subsequent
                  Mortgage Loans as of the Subsequent Cut-off Date:                $27,519,743.01
         5.       Purchase Price:                                                          100.00%
         6.       Amount for deposit into the Group 1 Interest Coverage Account         $1,760.88

B.

         As to all the Subsequent Mortgage Loans the subject of this Instrument:

         1.       Loans 30 or more days delinquent                                      -0-
         2.       Shortest original term to maturity:                                   120 months
         3.       Longest original term to maturity:                                    360 months
         4.       Lowest Mortgage Rate:                              SP I: 8.15%        SP II: 7.22%
         5.       Greatest Combined Loan-to-Value Ratio:                                90.00 %
         6.       Weighted Average Term since origination (A):                          1.42 months
         7.       February 1, 1998 first payment date (A):

         [As to the final transfer of Subsequent Mortgage Loans:]

         8.       WAC of all Mortgage Loans:                                            _____ %
         9.       WAM of all Mortgage Loans:                                            _____ %
         10.      Maximum Weighted average CLTV:                                        _____ %
         11.      Balloon Mortgage Loans:                                               _____ %
         12.      Largest Principal Balance:                                           $________
         13.      Non-owner occupied Mortgaged Properties:                              _____ %
         14.      Maximum zip code concentration:                                       _____ %
         15.      Condominiums:                                                         _____ %
         16.      Single-family:                                                        _____ %
         17.      Multifamily and Mixed Use                                             _____ %
         18.      Manufactured Housing                                                  _____ %
         19.      First Priority Lien                                                   _____ %

(A) As of the end of the Group 1 funding period.
</TABLE>


<PAGE>


           AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-3
                       ATTACHMENT A TO SUBSEQUENT TRANSFER
                             INSTRUMENT FOR GROUP 2
                                  Series 1998-3
                                October 28, 1998
<TABLE>
<S>      <C>      <C>                                                           <C>
A.

         1.       Subsequent Cut-off Date:                                      October 27, 1998
         2.       Pricing Date:
         3.       Subsequent Transfer Date:                                     October 28, 1998
         4.       Aggregate Principal Balance of the Subsequent
                  Mortgage Loans as of the Subsequent Cut-off Date:                $22,476,508.34
         5.       Purchase Price:                                                          100.00%
         6.       Amount for deposit into the Group 2 Interest Coverage Account         $5.733.01

B.

         As to all the Subsequent Mortgage Loans the subject of this Instrument:

         1.       Loans 30 or more days delinquent:                                     -0-
         2.       Shortest original term to maturity:                                   360 months
         3.       Longest original term to maturity:                                    360 months
         4.       Minimum Gross Margin:                                                 3.75 %
         5.       Greatest LTV Ratio:                                                   90.00 %
         6.       Maximum Mortgage Rate:                                                19.375 %
         7.       Weighted Average Term since origination: (A)                          1.63 months
         8.       February 1, 1998 first payment date: (A)                              -0-%

         [As to final transfer of Subsequent Mortgage Loans:]

         9.       WA Gross Margin:                                                      _____ %
         10.      WAC of all Mortgage Loans                                             _____ %
         11.      WAM of all Mortgage Loans:                                            _____ %
         12.      Maximum Weighted average LTV:                                         _____ %
         13.      Largest Principal Balance:                                           $________
         14.      Non-owner occupied Mortgaged Properties:                              _____ %
         15.      Maximum zip code concentration:                                       _____ %
         16.      Condominiums:                                                         _____ %
         17.      Single-family:                                                        _____ %
         18.      Multifamily, Mixed Use and Commercial Properties                      _____ %
         19.      Manufactured Housing:                                                 _____ %
         20.      First Priority Lien:                                                  _____ %

(A) As of the end of the Group 2 funding period.
</TABLE>



<PAGE>


                      SCHEDULE OF SUBSEQUENT MORTGAGE LOANS

<PAGE>

<TABLE>
<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool I                                     Page 1 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98

                                                                                                                             Zip
Pool ID   Account          Name                        Address                         City                      State       Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>           <C>                         <C>                               <C>                          <C>       <C>
23708     800729733     YOPP JESSIE M               15017 FORDHAM                     DETROIT                      MI        48205
23708     800895955     YOPP JESSIE M               11859 WHITHORN                    DETROIT                      MI        48213
23708     800900342     VELAZQUEZ JORGE L           141 PROSPECT AVENUE               BUFFALO                      NY        14201
23708     800928632     NEVERDON PAMELA             1053 CAMERON ROAD                 BALTIMORE                    MD        21212
23708     800945107     CHA RYOUNG H                223 FAIRVIEW AVENUE               RUTHERFORD                   NJ        07070
23708     800947145     DAYE ANCIL LEVI             289 AVENUE NORTH 3RD ST           MOORE HAVEN                  FL        33471
23708     800969461     SCHNELL JEANNIE             206 NORTH MACDILL AVENUE          TAMPA                        FL        33609
23708     800975245     ALBARADO STEVE SR           294 STRONGTOWN ROAD               SOUTHBURY                    CT        06488
23708     800975286     SMITH DIXON C               3637 SEYMOUR RD                   JACKSON                      MI        49201
23708     800976995     SMILEY PAMELA               160 CHARLOTTE STREET              PUNTA GORDA                  FL        33950
23708     800989451     ENGLE LAWRENCE              120 FIDDLERS CIRCLE               PORTAGE                      PA        15946
23708     800995516     COX JOHN B                  409 FIELDSTONE DRIVE              MONROEVILLE                  PA        15146
23708     801001520     BUTTS FRANCINE              14 LAKE DRIVE                     WYANDANCH                    NY        11798
23708     801010760     SIMMONS VALERIE             824 W GORDON STREET               ALLENTOWN                    PA        18102
23708     801014754     HOLLOWAY SYLVIA             1342 FAIRPLAINS ROAD              NORTH WILKESBORO             NC        28659
23708     801018656     CHANDLER TERRY              819 COLE STREET                   GREENSBORO                   NC        27401
23708     801020496     HILL JAMES H                3888 QUEEN STREET                 COCOA                        FL        32926
23708     801021569     WILSON COLA L II            240 SUNWAY AVENUE                 SARASOTA                     FL        34237
23708     801023326     PALMER TROY W               403 20TH AVENUE NORTH             TEXAS CITY                   TX        77590
23708     801031931     CORTEZ MARIA                240 WOOD STREET                   READING                      PA        19602
23708     801037565     POWELL BRADLEY              12335 22ND AVENUE NE              SEATTLE                      WA        98125
23708     801040106     CONSTANT PATRICIA           2251 GROSS AVENUE                 PENNSAUKEN TWP               NJ        08109
23708     801046350     MORALES MARIVEL             229 NORTH 10TH STREET             READING                      PA        19604
23708     801046889     POLLY EMMA J                5835 59TH STREET                  VERO BEACH                   FL        32967
23708     801047374     CRAVEN JOHN B               1318 CENTER DRIVE                 AUBURN                       GA        30011
23708     801047630     SKIPPINGS CHARMELLE         9336 HARVEY ROAD                  SILVER SPRING                MD        20910
23708     801047986     MANCIO JOSE S               1815 HORTON AVE SE                GRAND RAPIDS                 MI        49507
23708     801048612     RADOVICH GARY M             1946 GREATER AVENUE               BILOXI                       MS        39531
23708     801052648     METZ SUSAN E                2647 SEPVIVA STREET               PHILADELPHIA                 PA        19125
23708     801052820     LAWSON CASSIUS              3800 ROCK HOLLOW COURT            CONLEY                       GA        30027
23708     801053869     MCHALE DONALD P             1426 ADAMS AVENUE                 DUNMORE                      PA        18509
23708     801055096     PRUETT THOMAS M             112 STEWART STREET                GOOSE CREEK                  SC        29445
23708     801055245     SMALL GREGORY A             21 LIBERTY STREET                 ELLSWORTH                    ME        04605
23708     801056524     NIVENS ALICE S              2024 RANCHWOOD DRIVE              CHARLOTTE                    NC        28217
23708     801063033     SCIPIO JOSHUA               1405 WEST 14TH STREET             SANFORD                      FL        32771
23708     801063363     PETERSON ROBERTA J          2724 LAWTON BLUFF ROAD            CHARLOTTE                    NC        28226
23708     801065723     HOLMES MARK                 28 CUMBERLAND AVENUE              THOROFARE                    NJ        08086
23708     801068982     BROPHY THOMAS J             36 TOWN GARAGE ROAD               EAST NASSAU                  NY        12062
23708     801072208     HENRY KENNY                 131 YANCY ROAD                    CARROLLTON                   GA        30116
23708     801072265     TAYLOR LINDA J              6429 SOUTHEAST 96TH TERR          GAINESVILLE                  FL        32641
23708     801072513     DOTSON RANDY L              424 S WESTERN                     PEORIA                       IL        61605
23708     801072893     FREEMAN TONYA B             9015 ABB PITTMAN ROAD             MILTON                       FL        32570
23708     801073461     SAMUELS BETTY L             5901 NEUSE STREET                 RALEIGH                      NC        27610
23708     801073594     FOURNIER RANDALL            7435 COUNTY RD X                  DENMARK                      WI        54208
23708     801074857     LEWIS MICHELLE HUNTER       8746 BERNDALE STREET              HOUSTON                      TX        77029
23708     801076068     CURRY JOSEPH A              78 CHARITON DRIVE                 EAST STROUDSBURG             PA        18301
23708     801077157     DOWDY MARTIN C              7720 SAINT MORITZ LANE            CHARLOTTE                    NC        28226
23708     801077397     ADAMS BEVERLY               1929 WEST PARKWAY                 DELAND                       FL        32774
23708     801081936     FERRIS JEFFERY A            997 LANGLADE AVE                  GREEN BAY                    WI        54304
23708     801083593     GINDL STEPHEN CHARLES       5751 MOLINO ROAD                  MOLINO                       FL        32577
23708     801084468     MORGAN SARAH A              5250 OSCEOLA DR                   TROTWOOD                     OH        45427
23708     801085986     HORST MICHAEL               13521 COUNTRYSIDE DRIVE           GREENCASTLE                  PA        17225
23708     801087024     HAUGHT RICKY D              10407 CLAYPIKE RD                 BYESVILLE                    OH        43773
23708     801087933     WHEELING EDDIE              18 MARIETTA DRIVE                 WESTBURY                     NY        11590
23708     801089285     MCGHEE BARBARA A            10040 SARATOGA                    OAK PARK                     MI        48327
23708     801089681     HUNTER DAVID L              21 BENDIGO STREET                 TOWER CITY                   PA        17980
23708     801093410     BRYANT ROBERT K             206 EAST MILNER                   ALLIANCE                     OH        44601
23708     801095522     WILLIAMS DENNIS             1705 EAST LAWRENCE AVENUE         SPRINGFIELD                  IL        62703
23708     801096660     CUSHING LARRY R             2069 ASHBURY DRIVE                CLEARWATER                   FL        33764
23708     801097536     CHRISTOPHER PATRICIA        8505 BANCROFT AVE                 CLEVELAND                    OH        44105
23708     801097700     GRANT MORRIS                905 REED STREET                   KINSTON                      NC        28501

<CAPTION>
          Principal      Cut-off Date      First                                                 Original     Current    Scheduled
          Balance at       Principal      Payment       Maturity         Rem         Date          LTV        Mortgage    Payment
Pool ID  Origination        Balance        Date           Date           Term        Due          Ratio        Rate      Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S>       <C>             <C>            <C>            <C>             <C>        <C>             <C>         <C>        <C>
23708      35,100.00       34,896.92     07/11/98       06/11/13        175.46     10/11/98        65.0        12.500       374.61
23708      26,000.00       25,979.81     07/11/98       06/11/13        175.46     10/11/98        65.0        12.500       277.49
23708      20,000.00       20,000.00     10/01/98       09/01/28        358.16     10/01/98        80.0        10.950       189.71
23708      44,000.00       44,000.00     09/24/98       08/24/13        177.90     10/24/98        80.0        10.450       400.84
23708     160,000.00      159,947.15     08/27/98       07/27/28        356.98     10/27/98        64.0        11.350     1,566.18
23708      18,000.00       17,894.20     10/24/98       09/24/08        118.92     11/24/98        65.4         8.500       223.17
23708      80,450.00       80,450.00     11/01/98       10/01/28        359.15     11/01/98        73.1         8.900       641.54
23708     150,875.00      150,613.65     09/24/98       08/24/28        357.90     10/24/98        83.8        12.150     1,569.37
23708      90,000.00       89,962.61     10/01/98       09/01/28        358.16     11/01/98        72.0        12.150       936.16
23708      11,150.00       11,124.61     10/23/98       09/23/13        178.88     11/23/98        24.7        11.250       128.49
23708      22,400.00       22,388.98     09/01/98       08/01/28        357.14     11/01/98        70.0         9.500       188.35
23708     104,400.00      104,400.00     10/24/98       09/24/13        178.92     10/24/98        90.0         9.900       908.48
23708      97,500.00       97,500.00     10/10/98       09/10/13        178.45     10/10/98        84.7        10.550       895.52
23708      46,400.00       46,400.00     11/01/98       10/01/28        359.15     11/01/98        80.0        11.950       475.49
23708      60,000.00       60,000.00     11/01/98       10/01/13        179.15     11/01/98        80.0        11.600       598.76
23708      72,000.00       71,918.88     10/28/98       09/28/13        179.05     11/28/98        90.0         9.350       597.55
23708      41,400.00       41,342.88     10/25/98       09/25/28        358.95     11/25/98        90.0         9.650       352.65
23708      59,500.00       59,500.00     11/01/98       10/01/28        359.15     11/01/98        85.0         8.900       474.48
23708      69,750.00       69,750.00     11/01/98       10/01/28        359.15     11/01/98        90.0        10.650       645.87
23708      23,900.00       23,900.00     10/23/98       09/23/28        358.88     11/23/98        79.9        10.000       209.74
23708     152,000.00      152,000.00     10/01/98       09/01/13        178.16     10/01/98        80.0        10.725     1,416.04
23708      61,200.00       61,179.11     09/01/98       08/01/13        177.14     11/01/98        90.0        11.200       592.09
23708      24,800.00       24,800.00     10/24/98       09/24/28        358.92     11/24/98        80.0        12.200       258.92
23708      33,600.00       33,600.00     09/21/98       08/21/28        357.80     10/21/98        70.0        10.750       313.65
23708      92,565.00       92,565.00     09/06/98       08/06/13        177.30     10/06/98        85.0        11.900       945.02
23708     225,000.00      225,000.00     09/07/98       08/07/13        177.34     11/07/98        90.0        11.200     2,176.80
23708      53,700.00       53,700.00     11/01/98       10/01/28        359.15     11/01/98        89.8        11.450       529.74
23708      49,200.00       49,022.17     10/25/98       09/25/13        178.95     11/25/98        80.0         8.150       474.45
23708      25,000.00       24,875.86     10/16/98       09/16/13        178.65     11/16/98        78.1         8.750       249.86
23708      79,857.00       79,857.00     10/25/98       09/25/28        358.95     10/25/98        84.9        11.250       775.62
23708      82,800.00       82,800.00     11/01/98       10/01/18        239.15     11/01/98        90.0         9.400       766.41
23708      40,600.00       40,600.00     10/17/98       09/17/28        358.68     11/17/98        70.0        11.350       397.42
23708      52,110.00       52,097.50     10/22/98       09/22/13        178.85     11/22/98        90.0        10.400       472.78
23708      62,240.00       62,240.00     10/28/98       09/28/18        239.05     10/28/98        79.7         8.400       536.20
23708      13,000.00       13,000.00     10/21/98       09/21/08        118.82     10/21/98        38.2        10.350       174.33
23708     119,000.00      119,000.00     11/01/98       10/01/28        359.15     11/01/98        85.0        10.500     1,088.54
23708      56,525.00       56,283.49     09/25/98       08/25/13        177.93     11/25/98        85.0        10.500       624.83
23708      46,900.00       46,900.00     09/24/98       08/24/13        177.90     10/24/98        70.0        10.300       422.02
23708      58,500.00       58,500.00     10/15/98       09/15/28        358.62     10/15/98        75.0        12.500       624.35
23708      72,000.00       72,000.00     11/01/98       10/01/28        359.15     11/01/98        80.0        12.600       774.02
23708      15,600.00       15,600.00     10/12/98       09/12/18        238.52     10/12/98        80.0        13.750       191.16
23708     104,000.00      104,000.00     11/01/98       10/01/28        359.15     11/01/98        80.0         8.400       792.31
23708      95,500.00       95,500.00     11/01/98       10/01/28        359.15     11/01/98        79.5         8.900       761.55
23708      34,000.00       33,954.09     10/18/98       09/18/13        178.72     11/18/98        54.5         9.450       354.01
23708      40,800.00       40,800.00     11/01/98       10/01/13        179.15     11/01/98        85.0        11.850       485.74
23708      46,000.00       46,000.00     10/01/98       09/01/28        358.16     10/01/98        80.0        10.100       407.09
23708      98,000.00       97,912.45     10/28/98       09/28/28        359.05     10/28/98        79.3         9.750       841.97
23708      42,000.00       42,000.00     11/01/98       10/01/28        359.15     11/01/98        79.2        10.600       387.33
23708      61,100.00       61,100.00     10/28/98       09/28/13        179.05     10/28/98        74.9        10.850       574.95
23708      84,000.00       84,000.00     10/17/98       09/17/13        178.68     10/17/98        80.0        12.600       903.02
23708      42,500.00       42,500.00     10/04/98       09/04/13        178.26     10/04/98        85.0        12.150       442.08
23708      91,800.00       91,800.00     11/01/98       10/01/18        239.15     11/01/98        85.0         9.100       831.86
23708      62,100.00       62,100.00     10/22/98       09/22/18        238.85     10/22/98        90.0         9.650       584.95
23708      70,000.00       70,000.00     10/16/98       09/16/13        178.65     11/16/98        26.4        11.150       674.57
23708      43,200.00       43,200.00     10/01/98       09/01/13        178.16     10/01/98        90.0        11.200       417.95
23708      35,200.00       35,197.63     10/22/98       09/22/28        358.85     11/22/98        80.0        12.350       371.58
23708      33,700.00       33,700.00     11/01/98       10/01/18        239.15     11/01/98        74.8        10.350       333.07
23708      31,200.00       31,160.84     06/01/98       05/01/13        174.12     11/01/98        80.0        11.650       312.55
23708      90,000.00       90,000.00     11/01/98       10/01/28        359.15     11/01/98        63.9         9.250       740.41
23708      21,000.00       20,933.23     10/28/98       09/28/13        179.05     11/28/98        30.0         9.350       217.39
23708      17,850.00       17,431.68     10/17/98       09/17/13        178.68     01/17/99        70.0        11.200       205.13
</TABLE>


<PAGE>


<TABLE>
<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool I                                     Page 2 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98

                                                                                                                             Zip
Pool ID   Account          Name                        Address                         City                      State       Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>           <C>                         <C>                               <C>                          <C>       <C>
23708     801099151     STEWART RICHARD E           1681 MEADOW STREET                PHILADELPHIA                 PA        19124
23708     801099987     MCDUFFIE CRYSTAL D          3335 KINGSLAND AVENUE             BRONX                        NY        10469
23708     801101569     MORGAN BETTY                1355 FLORAL DRIVE                 FORT MYERS                   FL        33916
23708     801102492     HARDIN ANNA MAE             RT 1 BOX 275 JACKSON LOOP         FLAT ROCK                    NC        28731
23708     801102583     PEAN COLETTE                886 BROOKLYN AVENUE               BROOKLYN                     NY        11203
23708     801102831     RODRIGUEZ PEDRO             1418 ELKWOOD DRIVE                MISSOURI CITY                TX        77489
23708     801104563     BAILEY MINA S               1347 SCOVILLE AVE SW              CANTON                       OH        44706
23708     801104670     WEBB BRIAN K                3021 IRISH CREEK ROAD             MOHRSVILLE                   PA        19541
23708     801106410     HANCOCK TERESA S            1320 BEARTOOTH COURT              GASTONIA                     NC        28054
23708     801106451     FERRELL DEVERE R            16 STEPNEY LANE                   BRENTWOOD                    NY        11717
23708     801106667     VEIGL MARK A                93-26-246TH STREET                BELLEROSE TERRACE            NY        11001
23708     801108333     WATKINS DAN C               6449 ORLAND STREET                FALLS CHURCH                 VA        22043
23708     801111949     KNOEBEL KIMBERLY J          5642 SOUTH CEDAR STREET           LITTLETON                    CO        80120
23708     801113150     JEFFERSON RENA OCTAVIA      621 PRESTON STREET                TALLAHASSEE                  FL        32304
23708     801113507     SMITH MICHAEL H             4511 HUNTSMAN COURT               TAMPA                        FL        33624
23708     801114893     ROBERSON MATTIE             1915 ROSEMONT                     EAST CLEVELAND               OH        44112
23708     801119058     JAMISON REALOUS             1050 A PRESIDENT STREET           BROOKLYN                     NY        11225
23708     801119272     ELDER CHRISTINE             7398 SHISLER AVENUE NE            NORTH CANTON                 OH        44721
23708     801121492     MESAS HECTOR                3732 CLIFTON AVE                  LORAIN                       OH        44055
23708     801124124     SUGGS LARRY                 320 ROLFE DRIVE                   APOPKA                       FL        32703
23708     801124678     SEARA ANTHONY J             214 49TH STREET                   LINDENHURST                  NY        11757
23708     801124785     JONES ROGER J               RT 1 VALLEY HILLS ESTATES         HORNER                       WV        26372
23708     801127556     ROBERTS JAMES EARL          300 NORTH ORANGE AVENUE           FORT MEADE                   FL        33841
23708     801128125     KESSLER ERIC                6700 12TH STREET NORTH            ST PETERSBURG                FL        33702
23708     801128166     KNIGHT EULA                 1996 5TH STREET NORTHEAST         WINTER HAVEN                 FL        33881
23708     801131053     HOWARD LYNN                 3529 GULFSTREAM ROAD              LAKE WORTH                   FL        33461
23708     801131111     BEDGOOD LARRY V             393 COUNTY ROAD 469               CENTER HILL                  FL        33514
23708     801134719     DAODU AYODELE               33 17TH STREET S E                WASHINGTON                   DC        20003
23708     801135765     BOND F GEORGE               15 WHITE OAK COURT                CRAWFORD                     GA        30630
23708     801138108     RIVERA REINALDO C           832 MCKNIGHT STREET               READING                      PA        19601
23708     801141136     GOLDEN PETER F              315 CHURCH HILL ROAD              TRUMBULL                     CT        06611
23708     801142043     FRANKS LUCIUS J             5315 BELFIELD AVENUE              PHILADELPHIA                 PA        19144
23708     801143991     KNAPP JOSEPH                HC 8 BOX 8905                     HAWLEY                       PA        18428
23708     801144809     GREEN EDWARD J              1201 KUNKLE AVENUE                PITTSBURGH                   PA        15212
23708     801145079     JUDY WILLIAM R              341 SHILLINGS BRIDGE RD           ORANGEBURG                   SC        29118
23708     801148222     GREEN EDWARD J              2436 PERRY STREET                 MUNHALL                      PA        15120
23708     801148271     GREEN EDWARD J              750 FREDERICK STREET              MCKEES ROCK                  PA        15136
23708     801151861     BOAZMAN GEORGE T            221 WATERWAY CIRCLE               PORT CHARLOTTE               FL        33952
23708     801152257     TASCARELLA DOUGLAS B        902 EL HATCO DRIVE                TEMPLE                       PA        19560
23708     801154246     THOMAS CLEVELAND            2908 NORTH 16TH STREET            TAMPA                        FL        33605
23708     801157785     DOOLING ELIZABETH J         92 NAUGATUCK AVENUE               MILFORD                      CT        06460
23708     801159377     MCCUBBIN LISA               5728 115TH AVENUE                 PINELLAS PARK                FL        33782
23708     801160334     SHEPHERD BENITA             1733 NORTHFIELD AVE               E CLEVELAND                  OH        44112
23708     801163437     TAYLOR WINDSOR              102 18 32ND AVENUE                CORONA                       NY        11369
23708     801166232     TAYLOR BERNADINE L          559 LITTLECROFT ROAD              UPPER DARBY                  PA        19082
23708     801176017     BIELSKIE WALTER L           1079 ALTER STREET                 HAZLETON                     PA        18201
          ------------------------------------------
                107     Sale Total

23709     801041575     MOORE LAVERNE               3637 13TH AVENUE S                MINNEAPOLIS                  MN        55407
          ------------------------------------------
                  1     Sale Total

                108     Grand Total Sub-Pool I

<CAPTION>
            Principal           Cut-off Date     First                                            Original     Current    Scheduled
            Balance at            Principal     Payment    Maturity       Rem         Date          LTV        Mortgage    Payment
Pool ID    Origination             Balance       Date        Date         Term        Due          Ratio        Rate      Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S>         <C>                  <C>           <C>         <C>           <C>        <C>             <C>         <C>        <C>
23708        36,550.00            36,524.06    10/01/98    09/01/28      358.16     11/01/98        85.0        12.050       377.37
23708       103,500.00           103,434.26    07/01/98    06/01/28      355.13     11/01/98        62.3        11.550     1,028.90
23708        51,000.00            50,927.24    10/25/98    09/25/18      238.95     11/25/98        85.0         8.650       447.44
23708        71,910.00            71,910.00    11/01/98    10/01/28      359.15     11/01/98        85.0         8.350       545.30
23708        90,000.00            90,000.00    11/01/98    10/01/18      239.15     11/01/98        60.0         8.950       806.86
23708        57,150.00            57,150.00    11/01/98    10/01/28      359.15     11/01/98        90.0        10.650       529.19
23708        45,000.00            44,905.55    10/28/98    09/28/13      179.05     11/28/98        76.2         8.400       342.83
23708       110,500.00           110,174.30    10/23/98    09/23/28      358.88     11/23/98        85.0        11.350     1,081.64
23708       152,000.00           152,000.00    10/28/98    09/28/13      179.05     10/28/98        87.8         9.900     1,322.69
23708       128,800.00           128,800.00    10/23/98    09/23/13      178.88     10/23/98        80.0        11.350     1,260.77
23708       151,300.00           151,300.00    11/01/98    10/01/28      359.15     11/01/98        85.0         8.875     1,203.81
23708       225,500.00           225,500.00    11/01/98    10/01/13      179.15     11/01/98        75.1         8.650     1,757.93
23708       101,600.00           101,600.00    11/01/98    10/01/13      179.15     11/01/98        80.0         8.400       774.03
23708        10,000.00            10,000.00    10/24/98    09/24/08      118.92     10/24/98        25.0        10.600       135.50
23708        92,000.00            92,000.00    10/18/98    09/18/13      178.72     11/18/98        80.0         8.650       717.20
23708        43,200.00            43,200.00    10/25/98    09/25/28      358.95     10/25/98        64.9        10.850       406.51
23708       127,500.00           127,299.07    04/01/98    03/01/28      352.11     10/01/98        75.0        12.500     1,360.75
23708       108,800.00           108,800.00    11/01/98    10/01/13      179.15     11/01/98        85.0         8.400       828.88
23708        72,000.00            72,000.00    10/28/98    09/28/28      359.05     10/28/98        90.0        10.650       666.70
23708        64,000.00            64,000.00    11/01/98    10/01/28      359.15     11/01/98        80.0        12.100       663.24
23708       139,500.00           139,450.45    10/21/98    09/21/28      358.82     11/21/98        90.0         9.375     1,160.29
23708        99,000.00            98,671.27    11/01/98    10/01/13      179.15     12/01/98        90.0         9.900       861.49
23708        66,400.00            66,400.00    11/01/98    10/01/28      359.15     11/01/98        80.0        10.850       624.83
23708        75,200.00            75,142.64    10/23/98    09/23/28      358.88     11/23/98        80.0        11.600       750.44
23708        24,000.00            24,000.00    10/23/98    09/23/08      118.88     10/23/98        80.0        11.600       338.80
23708        72,250.00            72,250.00    10/28/98    09/28/28      359.05     10/28/98        85.0        10.850       679.88
23708        59,500.00            59,500.00    10/22/98    09/22/28      358.85     10/22/98        85.0        10.500       544.27
23708       124,100.00           124,100.00    10/22/98    09/22/28      358.85     10/22/98        85.0        11.250     1,205.34
23708        64,500.00            64,440.46    10/23/98    09/23/28      358.88     11/23/98        79.6         8.650       502.82
23708        43,920.00            43,920.00    10/28/98    09/28/28      359.05     10/28/98        80.0        12.600       472.15
23708       174,000.00           174,000.00    10/16/98    09/16/28      358.65     11/16/98        84.8         8.500     1,337.91
23708        25,000.00            25,000.00    11/01/98    10/01/28      359.15     11/01/98        59.5        10.350       225.89
23708        83,968.00            83,897.05    10/23/98    09/23/28      358.88     11/23/98        75.9         9.750       721.41
23708        19,600.00            19,600.00    10/25/98    09/25/28      358.95     10/25/98        80.0         8.500       150.71
23708        48,750.00            48,750.00    09/01/98    08/01/13      177.14     11/01/98        64.1        11.600       486.49
23708        36,000.00            36,000.00    10/25/98    09/25/28      358.95     10/25/98        80.0         8.500       276.81
23708        44,000.00            44,000.00    10/25/98    09/25/28      358.95     10/25/98        80.0         8.500       338.32
23708        52,500.00            52,500.00    10/25/98    09/25/13      178.95     10/25/98        70.0        11.650       525.92
23708        63,920.00            63,916.88    10/25/98    09/25/28      358.95     11/25/98        80.0        12.600       687.15
23708        30,550.00            30,550.00    10/23/98    09/23/28      358.88     10/23/98        65.0        11.100       293.25
23708        68,000.00            67,847.15    10/28/98    09/28/28      359.05     11/28/98        78.1        10.550       624.57
23708        55,000.00            54,897.43    10/25/98    09/25/28      358.95     11/25/98        55.0         8.400       419.01
23708        44,000.00            43,993.45    10/25/98    09/25/28      358.95     11/25/98        80.0        11.350       430.70
23708       188,000.00           188,000.00    10/23/98    09/23/28      358.88     10/23/98        75.5         8.400     1,432.25
23708        39,100.00            39,057.68    10/28/98    09/28/28      359.05     11/28/98        85.0        11.250       379.76
23708       111,150.00           111,150.00    10/28/98    09/28/13      179.05     10/28/98        90.0         9.650       946.80
         ----------------------------------                             --------                  ----------------------------------
          7,487,190.00         7,483,438.68                              280.78                     79.5        10.307    68,773.01

23709        55,000.00            55,000.00    11/01/98    10/01/28      359.15     11/01/98        84.6        11.000       523.78
         ----------------------------------                             --------                  ----------------------------------
             55,000.00            55,000.00                              359.15                     84.6        11.000       523.78

          7,542,190.00         7,538,438.68                              281.35                     79.5        10.312    69,296.79
</TABLE>


<PAGE>


<TABLE>
<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool II                                    Page 1 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98

                                                                                                                             Zip
Pool ID   Account          Name                        Address                         City                      State       Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>           <C>                         <C>                               <C>                          <C>       <C>
23805     800874323     MARCOOT RALPH               216 CYPRESS RIDGE DRIVE           SEVERNA PARK                 MD        21146
23805     800881153     SULLIVAN MARY H             15 FRANKLIN AVENUE                MIDLAND PARK                 NJ        07432
23805     800901423     COOPER RICHARD O            176 DENMARK DRIVE                 LIBERTY                      SC        29657
23805     800910879     WARD MILTON                 2882 HARRIS STREET                EAST POINT                   GA        30344
23805     800919920     MCFEE GREGORY H             64 BAYBERRY ROAD                  CONCORD                      MA        01742
23805     800928251     TOLIBAS MICHAEL VINCENT     1401 NORTH NEVADA AVENUE          COLORADO SPRINGS             CO        80907
23805     800930315     REBHOLZ JOSEPH D            505 FOREST SPRINGS DRIVE          STUARTS DRAFT                VA        24477
23805     800932311     DUHART LAUREN               54 BLG 9 SUTTON PLACE             BLOOMFIELD                   CT        06002
23805     800936999     MAYER JAMES                 21 OSTEND AVENUE                  WESTPORT                     CT        06880
23805     800939209     JONNY AHMAD S               217 WEST ROOSEVELT BLVD           PHILADELPHIA                 PA        19120
23805     800939290     BLISS PAUL                  68 CLEMENTS STREET                LIBERTY                      NY        12754
23805     800942922     OWENS KATHY JOAN            4775 OXFORD DRIVE                 OGDEN                        UT        84403
23805     800943524     PRESTON CHARLES M           842 ANNE COURT                    LAWRENCEVILLE                GA        30044
23805     800944936     FARBER JEFFREY S            75 CHESTNUT HILL ROAD             GLASTONBURY                  CT        06033
23805     800950859     ROUSH DANIEL R              12336 WEST VIRGINIA AVENUE        AVONDALE                     AZ        85323
23805     800951444     KAPLAN JANET DAVIDOV        15 PINEWOOD DRIVE                 ROSLYN                       NY        11577
23805     800953523     CRUZ ANA                    428-430 SMITH STREET              PERTH AMBOY                  NJ        08861
23805     800956815     LAWRENCE MICHALENE R        1490 SOUTH GRAY STREET            LAKEWOOD                     CO        80232
23805     800959991     VEATCH EDWARD               1176 WEST 1300 NORTH              OREM                         UT        84057
23805     800962177     ECHEANDIA WILLIAM           2 CRAFTWOOD DRIVE UNIT#10         WATERBURY                    CT        06705
23805     800972010     MCCLENDON GREGORY           7915 SOUTH CAMPBELL               CHICAGO                      IL        60652
23805     800972184     VALICENTI CHARLES J         5 HICKORY ROAD                    BAYVILLE                     NY        11709
23805     800972960     LODL THOMAS                 418 SOUTH LINCOLN STREET          DENVER                       CO        80209
23805     800974321     ODOM ESSIE                  32 SUNSET STREET                  BLACKVILLE                   SC        29817
23805     800976615     MANCARUSO JAMES M           62 WALTERS AVENUE                 HICKSVILLE                   NY        11801
23805     800976714     GARCIA HENRIETTA            341 LONG BOW LOOP                 LOS LUNAS                    NM        87031
23805     800976805     SHIELDS THOMAS J            118 ALPS ROAD                     BRANFORD                     CT        06405
23805     800977266     HESCOCK LARRY W             707 EAST 17TH AVENUE              EUGENE                       OR        97401
23805     800978058     CABRERA ANGELA              190 LINWOOD AVENUE                PROVIDENCE                   RI        02907
23805     800980559     MATHEWS VIRGINIA            14047 BRINGARD ST                 DETROIT                      MI        48205
23805     800981367     CARPENTER JOHN              5721 STREAMVIEW DRIVE             SAN DIEGO                    CA        92105
23805     800984379     TABUTEAU LIONEL             1494 BRYANT AVENUE                BRONX                        NY        10460
23805     800986259     EDLUND MARK                 1634 EDITH ESPLANADE              CAPE CORAL                   FL        33904
23805     800986754     VAN CAMP KAREN LORRAINE     16014 CLARKDALE AVENUE            NORWALK                      CA        90650
23805     800987075     VAN CAMP KAREN LORRAINE     11877 E 207TH STREET              LAKEWOOD                     CA        90715
23805     800987828     CORREA CARMELLO             358 PARK AVENUE                   BRIDGEPORT                   CT        06605
23805     800992646     SCHWARTZ ARLENE M           206 GLEN HILLS DRIVE              CRANSTON                     RI        02920
23805     800993917     HINSON DOROTHY F            RT 1 BOX 120                      ST MATTHEWS                  SC        29135
23805     800995177     GORDON JUDITH               17 LEDGEBROOK DRIVE               NORWALK                      CT        06854
23805     800997165     SWEDLUND TIMOTHY G          2138 27TH AVENUE                  GREELEY                      CO        80631
23805     800997728     SMALLEY MOZE GARY           233 HANOSH COURT SOUTHEAST        ALBUQUERQUE                  NM        87123
23805     801001397     FIORINO IGNATIUS            RR 1 BOX 1764                     KUNKLETOWN                   PA        18058
23805     801004599     MAIZE BESSIE M              6837 S RIDGELAND                  CHICAGO                      IL        60649
23805     801004763     RODRIGUEZ HERIBERTO         221 ROSE STREET                   READING                      PA        19601
23805     801006677     BRAXTON GINA                170 VICTORY LANE                  LANGLEY                      SC        29834
23805     801011149     JENKINS BILLY RAY           187 NORTH MAIN STREET             STALEY                       NC        27355
23805     801011198     SMITH EARNEST P             1716 LANGLEY LOOP                 STALEY                       NC        27355
23805     801013293     SEYMOUR MICHAEL S           2430 REYES COURT                  TRACY                        CA        95376
23805     801015918     DISTEFANO JOHN              419 NORTH MAGEE STREET            SOUTHAMPTON                  NY        11968
23805     801016056     OTT JASON M                 3816 S WHISPERING SANDS DR        CASA GRANDE                  AZ        85222
23805     801017088     FISHER LORI S               3921 SOUTH 875 EAST #28           OGDEN                        UT        84403
23805     801017807     LOPEZ GLADYS                2306 STAR DRIVE                   CONYER                       GA        30012
23805     801018326     PEPITO ELLA                 6416 SUTHERLAND AVENUE            NEW PORT RICHEY              FL        34653
23805     801018490     JUNG SAN GUCK               136-47 58TH AVENUE                FLUSHING                     NY        11355
23805     801018607     AYALA JUAN                  693 D HIGHLAND ROAD               DANIELSVILLE                 GA        30633
23805     801019340     TALBERT LORETTA             143 5TH AVENUE                    NEW LONDON                   NC        28127
23805     801020298     ST JOER RICHARD G           1859 NORTH 100 EAST               CENTERVILLE                  UT        84014
23805     801022047     ORTIZ FRANKLIN              33 COWPER COURT                   PROVIDENCE                   RI        02909
23805     801024365     FITZGERALD EDWARD C         12538 BARTON ROAD                 WATERFORD                    PA        16441
23805     801024845     BURTON TIMOTHY              1299 ENOCH CREEK                  CHAMBLISSBURG                VA        24121
23805     801025826     MCNEILL CHRISTOPHE C        HC1 BOX 3895                      TALLAHASSEE                  FL        32310

<CAPTION>
           Principal       Cut-off Date     First                                                 Original     Current    Scheduled
           Balance at        Principal     Payment       Maturity         Rem         Date          LTV        Mortgage    Payment
Pool ID   Origination         Balance       Date           Date           Term        Due          Ratio        Rate      Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S>        <C>              <C>           <C>            <C>             <C>        <C>             <C>         <C>        <C>
23805       45,000.00        44,395.75    07/26/98       06/26/28        355.96     12/26/98        85.0        11.350       440.49
23805       50,000.00        49,988.30    09/01/98       08/01/13        177.14     11/01/98        79.9        12.900       549.19
23805       36,000.00        35,960.82    09/01/98       08/01/18        237.14     11/01/98        75.0        11.450       382.68
23805      129,500.00       129,500.00    11/01/98       10/01/18        239.15     11/01/98        69.6        11.350     1,367.67
23805       30,000.00        29,896.62    08/14/98       07/14/13        176.55     11/14/98        84.9        11.900       358.13
23805       35,000.00        35,000.00    11/01/98       10/01/13        179.15     11/01/98        84.8        11.850       416.69
23805       38,000.00        37,806.28    08/20/98       07/20/18        236.75     11/20/98        77.8        13.000       445.20
23805       31,500.00        31,500.00    10/01/98       09/01/13        178.16     11/01/98        84.9        10.700       292.86
23805       67,300.00        67,119.21    09/01/98       08/01/13        177.14     12/01/98        68.1        10.750       628.24
23805       39,900.00        39,456.46    04/24/98       03/24/13        172.87     10/24/98        70.0        10.950       452.26
23805       44,800.00        44,756.64    07/02/98       06/02/13        175.17     10/02/98        80.0        11.500       443.65
23805       12,890.00        12,890.00    10/01/98       09/01/13        178.16     10/01/98        85.0        13.150       164.36
23805       14,000.00        13,762.50    10/01/98       09/01/13        178.16     12/01/98        81.5        11.450       163.10
23805       31,296.00        31,271.88    09/04/98       08/04/13        177.24     11/04/98        79.6        12.350       382.68
23805       21,213.00        21,213.00    10/01/98       09/01/13        178.16     10/01/98        85.0        12.400       260.08
23805      394,400.00       394,093.28    10/17/98       09/17/13        178.68     11/17/98        85.0        11.100     3,785.80
23805      100,000.00       100,000.00    11/01/98       10/01/28        359.15     11/01/98        60.6        12.250     1,047.90
23805       55,714.00        55,714.00    11/01/98       10/01/18        239.15     11/01/98        79.7        11.850       607.64
23805       21,900.00        21,894.14    09/01/98       08/01/13        177.14     10/01/98        81.7        12.300       230.34
23805       19,400.00        19,362.68    08/13/98       07/13/28        356.52     10/13/98        80.8        10.250       173.84
23805      234,000.00       234,000.00    11/01/98       10/01/28        359.15     11/01/98        60.7        13.850     2,744.84
23805       68,660.00        68,584.13    09/04/98       08/04/18        237.24     11/04/98        85.6        11.900       751.23
23805       71,000.00        70,928.46    08/01/98       07/01/13        176.12     11/01/98        84.6        11.650       711.25
23805       23,475.00        23,475.00    10/25/98       09/25/13        178.95     10/25/98        75.0        12.500       289.33
23805      246,500.00       246,231.64    10/09/98       09/09/13        178.42     11/09/98        85.0        12.950     2,717.15
23805       55,250.00        55,250.00    11/01/98       10/01/13        179.15     11/01/98        85.0        11.500       645.42
23805       19,000.00        18,978.19    08/27/98       07/27/13        176.98     10/27/98        84.4        11.750       224.98
23805       96,000.00        96,000.00    11/01/98       10/01/28        359.15     11/01/98        43.6         8.650       748.39
23805       45,900.00        45,900.00    10/17/98       09/17/13        178.68     10/17/98        90.0        10.150       407.90
23805       16,400.00        16,394.75    09/03/98       08/03/13        177.21     11/03/98        79.8        14.250       197.57
23805       30,500.00        30,500.00    11/01/98       10/01/13        179.15     11/01/98        73.2        11.100       348.58
23805      134,250.00       133,892.22    09/25/98       08/25/28        357.93     11/25/98        75.0        11.550     1,334.59
23805      308,300.00       308,300.00    10/21/98       09/21/13        178.82     10/21/98        77.6         8.650     2,403.41
23805       27,625.00        27,616.46    09/01/98       08/01/13        177.14     10/01/98        75.0        11.650       276.73
23805       14,600.00        14,595.48    09/01/98       08/01/13        177.14     10/01/98        75.0        11.650       146.26
23805       25,000.00        25,000.00    10/28/98       09/28/18        239.05     10/28/98        50.0         9.250       228.97
23805       25,000.00        24,843.44    09/11/98       08/11/18        237.47     11/11/98        84.9        12.250       279.65
23805       63,900.00        63,780.26    09/01/98       08/01/13        177.14     11/01/98        90.0        11.700       754.62
23805       33,300.00        33,154.55    09/06/98       08/06/13        177.30     11/06/98        79.9        11.750       394.32
23805       20,500.00        20,500.00    11/01/98       10/01/18        239.15     11/01/98        89.8        10.400       203.29
23805       15,000.00        15,000.00    11/01/98       10/01/13        179.15     11/01/98        74.9        11.400       174.28
23805       70,500.00        70,314.44    09/11/98       08/11/28        357.47     11/11/98        62.9         7.900       512.40
23805      100,100.00       100,100.00    11/01/98       10/01/13        179.15     11/01/98        55.0        15.500     1,435.42
23805       20,930.00        20,930.00    11/01/98       10/01/28        359.15     11/01/98        70.0        10.450       190.67
23805       56,100.00        56,100.00    10/23/98       09/23/18        238.88     10/23/98        85.0        10.150       546.96
23805       72,250.00        72,026.55    10/25/98       09/25/18        238.95     11/25/98        85.0        11.150       753.15
23805       67,500.00        67,500.00    10/25/98       09/25/18        238.95     10/25/98        90.0        11.400       715.19
23805       55,000.00        54,874.78    10/01/98       09/01/13        178.16     11/01/98        79.0        13.350       708.60
23805       43,000.00        43,000.00    10/01/98       09/01/13        178.16     11/01/98        83.1        12.300       524.40
23805       38,000.00        38,000.00    11/01/98       10/01/13        179.15     11/01/98        63.3        10.150       411.84
23805       37,000.00        37,000.00    11/01/98       10/01/28        359.15     11/01/98        35.9         8.850       293.73
23805       20,000.00        19,857.71    09/21/98       08/21/13        177.80     11/21/98        80.0        12.200       242.61
23805       12,900.00        12,866.45    10/22/98       09/22/13        178.85     11/22/98        84.8         9.650       135.87
23805       35,848.00        35,848.00    10/14/98       09/14/13        178.59     10/14/98        85.0        12.500       382.60
23805       39,950.00        39,877.72    10/15/98       09/15/18        238.62     11/15/98        85.0         9.250       365.89
23805       41,469.00        41,276.70    10/23/98       09/23/13        178.88     11/23/98        69.0         7.650       387.97
23805       21,250.00        21,250.00    11/01/98       10/01/13        179.15     11/01/98        85.0        11.100       242.86
23805       76,500.00        76,016.58    10/15/98       09/15/13        178.62     12/15/98        90.0        10.000       671.34
23805       56,000.00        56,000.00    10/23/98       09/23/13        178.88     10/23/98        79.4        10.750       627.73
23805       70,000.00        70,000.00    11/01/98       10/01/23        299.15     11/01/98        70.0        10.600       665.93
23805       27,600.00        27,424.20    10/01/98       09/01/13        178.16     11/01/98        84.9        11.600       324.18
</TABLE>


<PAGE>


<TABLE>
<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool II                                    Page 2 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98

                                                                                                                             Zip
Pool ID   Account          Name                        Address                         City                      State       Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>           <C>                         <C>                               <C>                          <C>       <C>
23805     801026394     WERNER DONALD               16 LAWRENCE DRIVE                 MILLBURN                     NJ        07041
23805     801026865     WINDER ERIC                 4330 FRISCOBRANCH RD              SUMTER                       SC        29154
23805     801029349     HAJDU ELIZABETH             3069 JUDITH DRIVE                 BELLMORE                     NY        11710
23805     801030156     MANFRE NICHOLAS             213-65 STREET                     BROOKLYN                     NY        11220
23805     801030875     ASHWORTH DON L              1408 NORTH OGDEN AVENUE           OGDEN                        UT        84404
23805     801032566     JOHNSON JAMES W             RR 2 BOX 905                      HONESDALE                    PA        18431
23805     801033614     POTTS LORINE E              417 WALNUT AVENUE                 CHARLOTTE                    NC        28208
23805     801034406     MURPHY SUSAN J              52 TOWER HILL ROAD                KILLINGWORTH                 CT        06419
23805     801036419     OWENS HOWARD D              509 SOUTH EAST STREET             ARCADIA                      IN        46030
23805     801036518     GLADDEN ERIC W              5458 FOXCROFT ROAD                FORT LAWN                    SC        29714
23805     801036930     GREGORY DAVID A             292 OLD HENRIETTA                 FOREST CITY                  NC        28043
23805     801037524     PELOQUIN DONALD             36 SECOND STREET                  LEICESTER                    MA        01524
23805     801038274     RILEY J TODD                256 LOMA MEDIA ROAD               SANTA BARBARA                CA        93103
23805     801038449     DENEAULT DAVID              1-3 CHESTER ROAD                  DERRY                        NH        03038
23805     801038720     SKEETE HELENA               251 WEST 131ST STREET             NEW YORK                     NY        10027
23805     801040726     CORREA LUIS A               87-19 57TH ROAD 2ND FLOOR         ELMHURST                     NY        11373
23805     801041773     FIGUEROA TOMAS              587 NORTH 6TH STREET              NEWARK                       NJ        07107
23805     801042672     QUINTANA BERNARD            4774 EAST GREENLAND ROAD          LARKSPUR                     CO        80118
23805     801045881     MISHRA VIRENDER KUMAR       7398 RADAH DRIVE                  SACRAMENTO                   CA        95828
23805     801046020     LAUTERBACH NICHOLAS H       2035 SE 56TH AVENUE               PORTLAND                     OR        97215
23805     801046475     CROTTS CHARLIE              RT 1 BOX 325C                     CANA                         VA        24317
23805     801047408     MITCHELL CAROLYN O          574 MILLER AVENUE                 BROOKLYN                     NY        11207
23805     801047515     CORRIGAN WILLIAM M          25 JOHNSON ROAD                   NORTH STONINGTON             CT        06359
23805     801049800     RIVERA NORMA IRIS           205 LARCH ROAD                    OCALA                        FL        34480
23805     801050162     RAYER PAUL D                314 HENRY LANE                    WALLINGFORD                  PA        19086
23805     801051897     DAPHNIS GUY                 249 WAYONA STREET                 BROOKLYN                     NY        11200
23805     801051913     CHENG TOU LAM               841 54TH STREET                   BROOKLYN                     NY        11220
23805     801053612     MCLEAN HARRIS               47 CROSBY PLACE                   NEW ROCHELLE                 NY        10801
23805     801053786     GERAKARIS JAMES             48-10 SKILLMAN AVENUE             WOODSIDE                     NY        11104
23805     801054404     CARPENTER CHARLIE R         59 NAVESINK RIVER ROAD            MIDDLETOWN                   NJ        07701
23805     801055617     KING DONALD W               5815 WYLMOOR                      NORCROSS                     GA        30093
23805     801057068     PARDALIS ATHANASIOS D       32 OSAGE DRIVE EAST               OSSINING                     NY        10562
23805     801057563     HOUSTON JUNE H              4683 LAKE CIRCLE                  FOREST PARK                  GA        30297
23805     801058850     DIIORIO MICHAEL P           90 CAPRON ROAD                    SMITHFIELD                   RI        02917
23805     801058959     MERCHANT KEEPIE             119-27-179TH STREET               SAINT ALBANS                 NY        11434
23805     801060369     HEPFORD DARYLL G            1301 ORCHARD AVENUE               NEW KENSINGTON               PA        15068
23805     801060419     RIVERA RENE                 1124 GUILFORD STREET              LEBANON                      PA        17046
23805     801061441     MYONG INHO                  36617 SPRUCE STREET               NEWARK                       CA        94560
23805     801062134     PFENTNER WILLIAM            9450 TOWANDA CREEK ROAD           CLARENCE                     NY        14032
23805     801063512     CRIBBS DARLENE L            2562 NEW CASTLE STREET            EUGENE                       OR        97404
23805     801063744     COUSINO LAWRENCE            34 JAMES STREET                   MERIDAN                      CT        06450
23805     801064007     CURKENDOLL RALPH CURT       3002 ROOT AVENUE NE               CANTON                       OH        44705
23805     801064593     KESSINGER EDWARD            201 GREENPOND ROAD                ANDERSON                     SC        29626
23805     801066341     LOTFI MOHAMED               270 REDMOND STREET                NEW BRUNSWICK                NJ        08901
23805     801067315     MARTINEZ FRANKLIN           9 NOYES AVENUE                    PROVIDENCE                   RI        02907
23805     801067448     CHINNERS DALE               305 TWIN LAKES DRIVE              SUMMERVILLE                  SC        29483
23805     801068461     TARR FRANK J                5534 LOCUST DRIVE                 PENN                         PA        15675
23805     801069592     FOUCHE DIANE                1274 EAST 56TH STREET             BROOKLYN                     NY        11234
23805     801069659     KLEIN DAVID                 1484 EAST 13TH STREET             BROOKLYN                     NY        11230
23805     801069758     SEASOR JAMES H              4100 13TH LANE NORTHEAST          ST PETERSBURG                FL        33703
23805     801070582     BRAUN ROBERT                732 GLENDALE ROAD                 WEST BABYLON                 NY        11704
23805     801070863     HILL HORTENSIA M            139 MOFFAT STREET                 BROOKLYN                     NY        11207
23805     801071069     BRAUN ROBERT                732 GLENDALE ROAD                 WEST BABYLON                 NY        11704
23805     801071713     NATALE MICHAEL F            86 WEST RAMAPO ROAD               GARNERVILLE                  NY        10929
23805     801072620     REUSS RICHARD J             1707 FAWN VISTA DR N UNIT4        SURFSIDE                     SC        29575
23805     801073040     OLUKOGBON LADIPO            1123 MCKENNA PLACE                UNIONDALE                    NY        11553
23805     801073156     MANSFIELD KEN W             3940 ARAGON PLACE                 FULLERTON                    CA        92835
23805     801074162     CLEVER RONALD               1126 EAST 83 STREET               BROOKLYN                     NY        11236
23805     801074303     CONTE JOSEPH                14 KENMAR DRIVE #105              BILLERICA                    MA        01821
23805     801074311     STARCK CARLA K              1366 GARFIELD STREET #201         DENVER                       CO        80206
23805     801074667     MOJICA JULIO                11663 JACKMAN AVENUE              SYLMAR                       CA        91342
23805     801074709     IANNONE JAMES F             14 POND STREET                    HOPKINTON                    MA        01748

<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool II                                    Page 2 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98
         Principal      Cut-off Date        First                                                 Original     Current    Scheduled
         Balance at       Principal        Payment       Maturity         Rem         Date          LTV        Mortgage    Payment
Pool ID Origination        Balance          Date           Date           Term        Due          Ratio        Rate      Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S>      <C>             <C>              <C>            <C>             <C>        <C>             <C>         <C>        <C>
23805    349,500.00      349,500.00       10/01/98       09/01/13        178.16     11/01/98        69.9        11.650     3,501.12
23805     15,000.00       14,943.54       10/18/98       09/18/13        178.72     11/18/98        75.0        12.500       184.88
23805    100,000.00       99,274.97       09/19/98       08/19/13        177.73     11/19/98        81.5        11.900     1,193.75
23805    172,500.00      172,500.00       11/01/98       10/01/23        299.15     11/01/98        75.0        11.600     1,766.03
23805     14,000.00       14,000.00       11/01/98       10/01/13        179.15     11/01/98        78.9        13.100       178.06
23805     61,000.00       60,857.62       10/17/98       09/17/18        238.68     11/17/98        67.7         7.300       483.98
23805     45,500.00       45,376.11       10/21/98       09/21/28        358.82     11/21/98        70.0         7.900       330.70
23805     59,700.00       59,616.85       10/25/98       09/25/13        178.95     11/25/98        84.9        11.350       584.38
23805     62,475.00       62,254.53       10/18/98       09/18/13        178.72     11/18/98        85.0        11.000       710.09
23805     79,475.00       79,475.00       11/01/98       10/01/28        359.15     11/01/98        85.0         8.900       633.76
23805     66,470.00       66,470.00       11/01/98       10/01/13        179.15     11/01/98        85.0         8.100       639.07
23805    167,500.00      167,500.00       11/01/98       10/01/28        359.15     11/01/98        77.9         9.350     1,390.14
23805     46,425.00       46,425.00       10/01/98       09/01/13        178.16     11/01/98        79.9        13.000       513.55
23805    110,000.00      109,751.22       11/01/98       10/01/13        179.15     12/01/98        72.3        10.700     1,229.61
23805    162,000.00      162,000.00       10/23/98       09/23/13        178.88     10/23/98        90.0        10.150     1,439.65
23805    154,700.00      154,700.00       10/22/98       09/22/13        178.85     10/22/98        85.0         9.150     1,261.48
23805    131,000.00      131,000.00       11/01/98       10/01/28        359.15     11/01/98        70.8        12.650     1,413.37
23805     29,250.00       29,250.00       10/01/98       09/01/13        178.16     11/01/98        84.7        11.900       298.62
23805     21,800.00       21,800.00       11/01/98       10/01/13        179.15     11/01/98        70.4        11.350       213.39
23805     65,000.00       65,000.00       11/01/98       10/01/18        239.15     11/01/98        80.7        11.700       702.16
23805     29,000.00       28,741.89       10/25/98       09/25/13        178.95     11/25/98        58.0        12.500       357.43
23805    139,500.00      139,500.00       10/04/98       09/04/28        358.26     11/04/98        90.0        10.350     1,260.45
23805     66,400.00       66,295.63       09/17/98       08/17/13        177.67     11/17/98        89.9        11.000       632.34
23805     52,000.00       52,000.00       11/01/98       10/01/18        239.15     11/01/98        63.8         8.120       438.84
23805     55,160.00       55,160.00       09/17/98       08/17/13        177.67     10/17/98        79.9        13.250       707.01
23805    116,250.00      116,185.34       08/03/98       07/03/13        176.19     10/03/98        75.0        12.150     1,209.20
23805     50,000.00       50,000.00       10/01/98       09/01/13        178.16     11/01/98        78.1        13.600       652.49
23805    116,800.00      116,800.00       10/01/98       09/01/13        178.16     10/01/98        80.0        11.000     1,112.31
23805    115,000.00      114,816.57       11/01/98       10/01/13        179.15     12/01/98        52.2        14.350     1,558.64
23805     63,000.00       62,900.87       09/17/98       08/17/18        237.67     11/17/98        84.8        11.779       684.01
23805     18,500.00       18,440.56       10/24/98       09/24/13        178.92     11/24/98        84.4         9.150       189.29
23805    280,000.00      280,000.00       10/18/98       09/18/13        178.72     10/18/98        80.0         8.500     2,152.96
23805     45,900.00       45,900.00       10/21/98       09/21/18        238.82     10/21/98        90.0         9.900       439.91
23805     22,600.00       22,574.03       10/08/98       09/08/18        238.39     11/08/98        89.9        11.990       248.69
23805     44,540.00       44,540.00       11/01/98       10/01/18        239.15     11/01/98        29.6         7.750       365.65
23805     10,200.00       10,165.45       10/18/98       09/18/13        178.72     11/18/98        80.8        13.100       129.73
23805     48,000.00       48,000.00       11/01/98       10/01/28        359.15     11/01/98        80.0        10.150       426.56
23805     51,840.00       51,840.00       11/01/98       10/01/13        179.15     11/01/98        89.1         9.900       553.91
23805     57,200.00       57,125.93       10/01/98       09/01/18        238.16     11/01/98        65.4        10.900       586.52
23805     30,000.00       30,000.00       11/01/98       10/01/18        239.15     11/01/98        83.8        11.000       309.66
23805     55,500.00       55,500.00       10/03/98       09/03/18        238.22     11/03/98        89.9        10.950       570.98
23805     41,400.00       41,400.00       11/01/98       10/01/18        239.15     11/01/98        73.9         7.750       339.87
23805    184,100.00      183,877.65       10/22/98       09/22/13        178.85     11/22/98        70.0         7.900     1,338.05
23805     41,250.00       41,250.00       10/18/98       09/18/13        178.72     10/18/98        75.0        10.650       381.96
23805     78,300.00       78,300.00       10/26/98       09/26/13        178.98     10/26/98        90.0        10.400       710.39
23805     51,000.00       50,939.53       10/22/98       09/22/18        238.85     11/22/98        78.4        11.750       552.69
23805     19,000.00       19,000.00       10/25/98       09/25/08        118.95     10/25/98        83.3        10.400       255.31
23805    250,200.00      250,159.38       10/11/98       09/11/13        178.49     11/11/98        90.0        11.200     2,420.60
23805    156,100.00      155,902.27       10/23/98       09/23/18        238.88     11/23/98        84.9        11.100     1,621.88
23805     50,000.00       49,873.79       10/18/98       09/18/13        178.72     11/18/98        64.9         8.900       504.16
23805    111,840.00      111,655.93       10/23/98       09/23/28        358.88     11/23/98        69.9         7.650       793.52
23805    116,000.00      115,578.85       10/21/98       09/21/28        358.82     11/21/98        70.3         9.100       941.72
23805     32,160.00       32,034.96       10/23/98       09/23/18        238.88     11/23/98        90.0         9.900       308.22
23805     68,700.00       68,700.00       10/28/98       09/28/18        239.05     10/28/98        38.1         8.250       585.37
23805     38,925.00       38,768.66       09/21/98       08/21/28        357.80     11/21/98        75.0         8.950       311.80
23805     33,500.00       33,500.00       09/26/98       08/26/13        177.96     10/26/98        84.9        13.000       370.58
23805     37,070.00       37,070.00       11/01/98       10/01/13        179.15     11/01/98        84.8        11.350       429.52
23805     44,620.00       44,062.84       04/01/98       03/01/13        172.11     11/01/98        84.9        11.950       534.08
23805     52,100.00       52,100.00       09/25/98       08/25/13        177.93     10/25/98        70.0        11.300       508.01
23805     29,100.00       29,100.00       11/01/98       10/01/13        179.15     11/01/98        75.0        10.100       314.49
23805     79,850.00       79,850.00       11/01/98       10/01/13        179.15     11/01/98        88.8         9.650       680.18
23805     58,770.00       58,770.00       11/01/98       10/01/18        239.15     11/01/98        90.0        10.150       573.00
</TABLE>


<PAGE>


<TABLE>
<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool II                                    Page 3 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98

                                                                                                                             Zip
Pool ID   Account          Name                        Address                         City                      State       Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>           <C>                         <C>                               <C>                          <C>       <C>
23805     801074717     RYAN THOMAS E               284 HILLSIDE TERRACE              BALTIMORE                    MD        21225
23805     801075235     KIRBY SHEILA C              826 FIELDCREST LANE               BENNETSVILLE                 SC        29512
23805     801076159     BERLANGERO JAMES            21 PINE DRIVE                     NESCONSET                    NY        11767
23805     801076720     KAISER ROBERT BLAIR         14249 NORTH 3RD AVENUE            PHOENIX                      AZ        85023
23805     801077082     FOX DUANE H                 1115 NORTH 950 WEST               OREM                         UT        84057
23805     801077124     CUSKELLY SHELLEE G          4288 SOUTH 4300 WEST              WEST HAVEN                   UT        84315
23805     801078494     BYRNE CRAIG S               4325 WEST 6060 SOUTH              TAYLORSVILLE                 UT        84118
23805     801078510     BROWN GRAYLON A             4229 NORTH 1500 EAST              BUHL                         ID        83316
23805     801079286     MASHINTONIO CHRISTINE J     466 GLENRIDGE AVE NORTH           PORT CHARLOTTE               FL        33952
23805     801080896     BERLOW CHRISTOPHE A         20 RANCHO DRIVE EAST              CORTLANDT MANOR              NY        10566
23805     801080920     HUGHES MARNA L              1339 SE 46TH LANE #4              CAPE CORAL                   FL        33904
23805     801081068     JANBOU MUTHANA              27138 ALGER                       MADISON HEIGHTS              MI        48071
23805     801081530     MCCONNELL GEORGE G          9849 ISABELLE ROAD                LAFAYETTE                    CO        80026
23805     801081761     KOSSICK SCHM EVELYN R       506 PROSPECT AVENUE               BROOKLYN                     NY        11215
23805     801082371     CLARK DEREK B               168 ALTMAN ROAD                   JEANNETTE                    PA        15644
23805     801083015     LANE EDWARD J               9194 ROWANTY ROAD                 CARSON                       VA        23830
23805     801083064     WILLIAMSON BYRONNIE         3890 JUDY LANE                    LELAND                       NC        28451
23805     801084518     COATES JACQUELYN R          207 209 E MOSHOLU PARKWAY         BRONX                        NY        10467
23805     801084658     BLOUNT JOHN R               17301 SHANNON DRIVE               LAUREL HILL                  NC        28351
23805     801085531     TOLODXI MICHAEL             11803 SOUTHWEST 282ND ST          NEWBERRY                     FL        32669
23805     801088089     ALLRED CAMPB ARSEY LEE CE   1117 HOMELAND AVENUE              GREENSBORO                   NC        27405
23805     801089517     ANDERSON WILLIAM J          116 VALLEY VIEW                   MARSHALLS CREEK              PA        18335
23805     801090051     LESPERANCE JEAN             277 EAST 9TH STREET               BROOKLYN                     NY        11218
23805     801090689     CLOSE SHIRLEY R             353 HARVEST FIELD COURT           PELION                       SC        29123
23805     801091125     STUART CHARLES K            4461 SOUTH QUEEN STREET           LITTLETON                    CO        80127
23805     801092099     HANSEN DALEE                213 NORTH 4200 EAST               RIGBY                        ID        83442
23805     801092198     BURSELL HAROLD W            113 RAILTREE HILL ROAD            WOODBURY                     CT        06798
23805     801092263     GRAVES ROLLAND              1333 WINTERWOOD ROAD              COLUMBIA                     SC        29203
23805     801092511     ROSA RICHARD P              1640 SOUTH 600 EAST               SALT LAKE CITY               UT        84105
23805     801093691     LEVAN JOHN M                2771 CHAMBERSBURG ROAD            MCKNIGHTSTOWN                PA        17343
23805     801094020     KING FRANKIE JUNIOR         156 DINAH ROAD                    ASHEBORO                     NC        27203
23805     801094830     PRIDGEN RUSSELL D           2485 RIVERWOOD DRIVE              MULBERRY                     FL        33868
23805     801095191     SIMEON PAMELA S             41225 E LARCH MOUNTAIN RD         CORBETT                      OR        97019
23805     801095423     LUCCI RAYMOND J             612 21ST STREET                   BEAVER FALLS                 PA        15010
23805     801095613     PLEINES SUSAN M             22 MIDDLE STREET                  SHELTON                      CT        06484
23805     801095746     POWELL ALONZO               23555 COYOTE SPRINGS DRIVE        DIAMOND BAR                  CA        91765
23805     801096397     ROTONDI JOSEPH W            607 PIKE AVENUE                   ATTLEBORO                    MA        02703
23805     801096728     ENGLAND PHILLIP L           3019 PALM AVENUE                  CHARLOTTE                    NC        28205
23805     801096884     IRWIN NANCY J               7955 LARKWOOD STREET              COMMERCE CITY                CO        80022
23805     801097015     DONALDSON JACK              62 WINN STREET                    BURLINGTON                   MA        01803
23805     801098542     FARRELL THOMAS W            136 PARK AVENUE                   WILKES-BARRE                 PA        18702
23805     801100025     HART CORINE CRAIG           140-31 BROOKVILLE BLVD            ROSEDALE                     NY        11422
23805     801100967     WOOLFOLK VIVIAN             2505 QUAIL OAK DRIVE              RUTHER GLEN                  VA        22546
23805     801101726     PAWLOWSKI FATIMA M          306 BLANCHARD ROAD                CUMBERLAND                   ME        04021
23805     801102179     STRAPAC JOHN M              RD 1 BOX 1110                     LEECHBURG                    PA        15656
23805     801102518     BOEHM NEAL A                3560 WEST UNION AVENUE            ENGLEWOOD                    CO        80110
23805     801102922     ANDERSON CAROLYN            3587 SOUTH 3500 WEST              WEST HAVEN                   UT        84315
23805     801103466     NOONAN JAY TIMOTHY          260 HIDEAWAY CIRCLE SOUTH         MARCO ISLAND                 FL        34145
23805     801103995     BEDARD MARY JEAN            7203 SOUTH SILVERHORN DR          EVERGREEN                    CO        80439
23805     801105594     VANMANEN PAUL               121 KRAMER STREET                 STATEN ISLAND                NY        10305
23805     801105677     CLARK RICKY                 1191 NORTH FORT LANE              LAYTON                       UT        84041
23805     801106824     PERALTA FABIO               3110 137TH STREET                 FLUSHING                     NY        11354
23805     801107681     VARGAS LEONARDO             34 28 92ND STREET                 JACKSON HEIGHTS              NY        11372
23805     801108119     MCCABE BRENDON P            435 SMITH STREET                  PEEKSKILL                    NY        10566
23805     801109497     TOMLINSON ELIZABETH ANN     822 HAYDEN DRIVE                  COLORADO SPRINGS             CO        80910
23805     801110545     REED MICHAEL                2101 SOUTH NEWARK WAY             AURORA                       CO        80014
23805     801111352     HERCHE JOSEPH A             5131 SOLOMONS ISLAND RD           HUNTINGTOWN                  MD        20639
23805     801111659     RENAUD DELLA                188 CHURCH STREET                 OSPREY                       FL        34229
23805     801111782     DRAGON WAYNE W              18 NORBRICK DRIVE                 ALBANY                       NY        12205
23805     801111980     HALSTED N DAVID             817 REED AVENUE                   NAMPA                        ID        83651
23805     801112392     POPE RUBY J                 1158 ATWOOD DRIVE                 CLEVELAND                    OH        44108
23805     801112863     SOKOLOWSKI CULLEN T         6365 WEST OAKLAWN STREET          HOM0SASSA                    FL        34446

<CAPTION>
          Principal      Cut-off Date      First                                                 Original     Current    Scheduled
          Balance at       Principal      Payment       Maturity         Rem         Date          LTV        Mortgage    Payment
Pool ID  Origination        Balance        Date           Date           Term        Due          Ratio        Rate      Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S>       <C>             <C>            <C>            <C>             <C>        <C>             <C>         <C>        <C>
23805      25,550.00       25,459.58     09/05/98       08/05/13        177.27     11/05/98        79.9        13.190       326.48
23805      33,575.00       33,510.57     10/18/98       09/18/13        178.72     11/18/98        85.0        11.400       390.09
23805      90,635.00       90,635.00     10/15/98       09/15/13        178.62     10/15/98        69.9        12.300       953.27
23805      22,901.00       22,857.06     11/01/98       10/01/13        179.15     12/01/98        73.1         9.850       198.44
23805      20,300.00       20,300.00     11/01/98       10/01/13        179.15     11/01/98        89.9        10.650       226.29
23805      19,957.00       19,937.06     10/01/98       09/01/13        178.16     11/01/98        85.0        11.400       231.87
23805      36,200.00       36,200.00     11/01/98       10/01/13        179.15     11/01/98        87.8        11.700       427.50
23805      21,324.00       21,291.24     10/01/98       09/01/13        178.16     11/01/98        84.3        13.400       275.44
23805      15,750.00       15,746.51     10/14/98       09/14/13        178.59     11/14/98        76.2        12.650       195.67
23805      24,500.00       24,500.00     10/21/98       09/21/13        178.82     10/21/98        89.9        10.000       215.00
23805      58,400.00       58,291.26     10/18/98       09/18/28        358.72     11/18/98        80.0         8.250       438.74
23805      93,600.00       93,600.00     10/21/98       09/21/28        358.82     11/21/98        80.0         8.000       686.80
23805      30,000.00       30,000.00     11/01/98       10/01/13        179.15     11/01/98        66.3        10.100       324.22
23805     153,000.00      153,000.00     11/01/98       10/01/28        359.15     11/01/98        85.0        11.350     1,497.66
23805      29,200.00       29,200.00     11/01/98       10/01/13        179.15     11/01/98        84.8        12.350       357.05
23805      30,675.00       30,675.00     11/01/98       10/01/13        179.15     11/01/98        75.0        12.500       378.08
23805      28,000.00       28,000.00     10/25/98       09/25/13        178.95     10/25/98        56.0        11.000       318.25
23805      74,000.00       73,333.36     09/28/98       08/28/18        238.03     11/28/98        79.9        11.150       771.39
23805      20,000.00       20,000.00     11/01/98       10/01/08        119.15     11/01/98        77.9         8.900       252.27
23805      35,000.00       35,000.00     10/18/98       09/18/18        238.72     11/18/98        65.6        12.600       400.12
23805      18,500.00       18,500.00     11/01/98       10/01/13        179.15     11/01/98        79.3        11.250       213.18
23805      65,250.00       65,142.42     10/16/98       09/16/13        178.65     11/16/98        54.3         9.850       565.40
23805      57,700.00       57,700.00     10/18/98       09/18/13        178.72     10/18/98        89.9        11.000       549.49
23805      32,800.00       32,800.00     10/21/98       09/21/18        238.82     10/21/98        80.0        10.750       333.00
23805      41,000.00       41,000.00     10/15/98       09/15/13        178.62     11/15/98        79.9        14.250       493.92
23805      36,868.00       36,522.92     10/01/98       09/01/13        178.16     12/01/98        85.0        12.150       446.04
23805      92,700.00       92,700.00     10/04/98       09/04/13        178.26     11/04/98        85.8        11.500       918.00
23805      51,000.00       51,000.00     10/21/98       09/21/18        238.82     10/21/98        85.0        12.000       561.55
23805      23,660.00       23,660.00     10/02/98       09/02/13        178.19     11/02/98        89.8        11.300       273.39
23805      32,500.00       32,488.48     10/23/98       09/23/18        238.88     11/23/98        75.9        11.100       337.68
23805      56,000.00       56,000.00     11/01/98       10/01/18        239.15     11/01/98        70.0        14.600       720.91
23805      56,800.00       56,650.99     10/23/98       09/23/18        238.88     11/23/98        80.0         8.500       492.92
23805      55,000.00       54,954.78     11/01/98       10/01/13        179.15     01/01/99        46.0        10.100       486.73
23805      28,000.00       27,989.62     10/21/98       09/21/28        358.82     11/21/98        80.0         9.250       230.35
23805      25,000.00       24,945.87     10/18/98       09/18/18        238.72     11/18/98        84.5        11.350       264.03
23805      27,000.00       26,809.93     11/01/98       10/01/13        179.15     12/01/98        74.1        12.900       296.56
23805      85,000.00       85,000.00     11/01/98       10/01/18        239.15     11/01/98        53.4         7.650       692.57
23805      20,000.00       20,000.00     11/01/98       10/01/13        179.15     11/01/98        85.6        10.400       219.84
23805      32,000.00       32,000.00     11/01/98       10/01/13        179.15     11/01/98        75.4        10.350       350.76
23805      55,250.00       55,250.00     10/01/98       09/01/18        238.16     11/01/98        84.9        11.550       591.11
23805      10,800.00       10,793.75     10/01/98       09/01/08        118.16     11/01/98        79.5        10.900       148.16
23805     225,000.00      224,723.81     06/01/98       05/01/28        354.12     11/01/98        87.8        11.750     2,271.17
23805      28,290.00       28,290.00     10/01/98       09/01/13        178.16     11/01/98        75.0        11.350       276.92
23805      35,000.00       34,913.84     10/04/98       09/04/18        238.26     11/04/98        71.2        12.100       387.83
23805      51,100.00       51,100.00     10/28/98       09/28/08        119.05     10/28/98        89.2         9.650       665.43
23805      18,500.00       17,795.11     10/14/98       09/14/13        178.59     11/14/98        68.4         9.350       191.51
23805      46,000.00       46,000.00     10/14/98       09/14/13        178.59     10/14/98        65.8         9.900       400.29
23805      60,000.00       59,948.74     10/17/98       09/17/13        178.68     11/17/98        60.0         9.600       508.90
23805      47,500.00       47,500.00     11/01/98       10/01/13        179.15     11/01/98        68.9        10.100       420.36
23805      55,300.00       54,952.99     10/08/98       09/08/18        238.39     12/08/98        79.9        12.400       624.39
23805      35,468.00       35,468.00     10/14/98       09/14/13        178.59     11/14/98        90.0        10.700       329.75
23805     140,000.00      140,000.00     10/28/98       09/28/28        359.05     10/28/98        77.7         8.500     1,076.48
23805      36,700.00       36,602.02     10/21/98       09/21/13        178.82     11/21/98        84.9        11.600       366.24
23805     157,250.00      157,250.00     10/10/98       09/10/23        298.45     11/10/98        85.0        11.900     1,644.59
23805      32,500.00       32,500.00     11/01/98       10/01/18        239.15     11/01/98        74.5        10.600       326.66
23805      29,500.00       29,500.00     11/01/98       10/01/13        179.15     11/01/98        89.7        10.400       267.64
23805      20,281.00       20,055.03     10/18/98       09/18/13        178.72     11/18/98        84.0        11.600       238.21
23805      23,100.00       23,008.78     10/23/98       09/23/08        118.88     11/23/98        82.0        10.650       313.64
23805      56,000.00       56,000.00     10/28/98       09/28/08        119.05     10/28/98        43.0         8.000       679.43
23805      29,791.00       29,791.00     11/01/98       10/01/13        179.15     11/01/98        85.0        11.500       348.02
23805      64,600.00       64,600.00     10/28/98       09/28/28        359.05     10/28/98        85.0         9.900       562.14
23805      37,200.00       37,035.03     10/21/98       09/21/13        178.82     11/21/98        80.0        11.400       432.20
</TABLE>


<PAGE>


<TABLE>
<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool II                                    Page 4 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98

                                                                                                                             Zip
Pool ID   Account          Name                        Address                         City                      State       Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>           <C>                         <C>                               <C>                          <C>       <C>
23805     801112939     DOWNS GARY                  16940 MILL CREEK ROAD             NOBLESVILLE                  IN        46060
23805     801113119     SINGH GEORGE                29 JOHNSON AVENUE                 UNIONTOWN                    PA        15401
23805     801113192     CALLAHAN JAMES A            5680 INDIAN TRAIL                 KEYSTONE HEIGHTS             FL        32656
23805     801113481     SMITH MICHAEL H             4511 HUNTSMAN COURT               TAMPA                        FL        33624
23805     801114083     BROWN MERITA CANNADY        1151 DOVES HOLLOW LANE            TALLAHASSEE                  FL        32304
23805     801115361     DUNCAN IDA M                1422 PRAYER MISSION ROAD          YORK                         PA        17406
23805     801115387     HARRIS ELLEN E              2841 LONGFELLOW COURT             ABINGDON                     MD        21009
23805     801115544     ARRAIZ JOHN ROBERT          511 SEC 4 POCONO MT LAKE          DINGMANS FERRY               PA        18328
23805     801116039     HART RICHARD E              1708 SAVONA PARKWAY               CAPE CORAL                   FL        33904
23805     801116120     LUCCA CARINA A              20 21 129TH STREET                COLLEGE PARK                 NY        11356
23805     801116468     LEATHERMAN EUGENE           553 RED DAWN ESTATES TRAIL        VAIL                         NC        28168
23805     801116955     COOKE DAVID                 RD #2 ROUTE 301                   CARMEL                       NY        10512
23805     801117052     PEARSON YVONNE J            1605 CHESTER STREET               BRONX                        NY        10469
23805     801118498     BLAKELY LINDA L             1809 WILDWOOD DRIVE               LAS VEGAS                    NV        89108
23805     801118696     BERULIS DEBRA A             17605 WHISTLING LANE              LUTZ                         FL        33569
23805     801119629     GONZALEZ FELIX JR           8545 GLENWAY COURT                CHARLOTTE                    NC        28226
23805     801120072     WRIGHT DENISE A             387 VICEROY TERRACE               PORT CHARLOTTE               FL        33954
23805     801120148     HAZELTON BARBARA A          10165 NODDY TERN ROAD             BROOKSVILLE                  FL        34613
23805     801120379     PETERS ALBERT E             452 CHICORA ROAD                  BUTLER                       PA        16001
23805     801121187     DAVIS EUGENE                61 HALSEY STREET                  BROOKLYN                     NY        11216
23805     801121385     SOUTHER CLIFFORD            263 FARMERS MARKET ROAD           CORDELE                      GA        31015
23805     801121567     KUMAR RISHI                 4962 ARGYLE WAY                   BUENA PARK                   CA        90621
23805     801121856     DAO KHANH C                 9696 WALNUT STREET NO 904         DALLAS                       TX        75243
23805     801121872     SZYMCZAK DANIEL B           7663 BROADWYN DR                  REYNOLDSBURG                 OH        43068
23805     801122516     BOWSER DEWEY L              RD 2 BOX 526                      SMITHTON                     PA        15479
23805     801122664     STOKES PHILLIP S            89 WOODHAM ROAD                   BISHOPVILLE                  SC        29010
23805     801122763     SCOTT ROBERT J              3524 MASSACHUSETTS AVENUE         PITTSBURGH                   PA        15212
23805     801122920     STEARNS ROSETTA             9907 OAK STREET                   MICCO                        FL        32976
23805     801123431     COSCIA LOUIS                490 RIVER STYX ROAD               HOPATCONG                    NJ        07843
23805     801123688     HORST RUFUS B               11140 SOUTHWEST 107 STREET        DUNNELLON                    FL        34432
23805     801124454     GROFF ARTHUR T              990 SKYLINE AVENUE                LITITZ                       PA        17543
23805     801124660     MOORE JERRY GLYNN JR        2705 SOUTH WIGGINS ROAD           PLANT CITY                   FL        33566
23805     801127028     NICODEMUS ROBERT M          9 CLUB DRIVE                      NEW MILFORD                  CT        06776
23805     801127747     SEBASTIAN JOY               4424 ALLEGHENY                    STERLING HEIGHTS             MI        48310
23805     801127812     CAIN JAMES B                421 ARROWHEAD TRAIL               VERO BEACH                   FL        32963
23805     801129164     BYRNE JOHN E                6 DEGGS CIRCLE                    NEWTOWN SQUARE               PA        19073
23805     801129404     ROLLINS LOFTIS JUNIOR       231 DELAWARE AVENUE               LORAIN                       OH        44052
23805     801129545     HOLSINGER JAMES D           13737 VILLAGE MILL DRIVE          MAUGANSVILLE                 MD        21767
23805     801129818     TURNBULL CHARLES E          1009 FENWICK PARKWAY              DURHAM                       NC        27713
23805     801130147     ST PIERRE ANTIA JUNE        15031 GLENROCK ROAD               SPRING HILL                  FL        34610
23805     801130477     BROWN STANLEY DALE          1730 BEACON DRIVE                 SANFORD                      FL        32771
23805     801130790     ROBERTSON JAMES G           186 SPRINGSIDE DRIVE              ASHEVILLE                    NC        28806
23805     801130907     GUZMAN GLADYS               965 SW COURT #A                   MIAMI                        FL        33174
23805     801132036     FRYISON BRENDA Y            8227 29 S MARYLAND                CHICAGO                      IL        60619
23805     801133752     HALLAHAN PAUL V             160 MARGARET DRIVE                BEAVER FALLS                 PA        15010
23805     801134917     COLEMAN STEPHEN L P         8914 CAMINO VILLA BLVD            TAMPA                        FL        33635
23805     801136094     VICKERS JAKE                12650 E OUTER DR                  DETROIT                      MI        48224
23805     801137365     GUSS NANCY HARRISON         4041 BRIARCLIFF ROAD              ATLANTA                      GA        30345
23805     801137985     ANDERSON JASON E            80 EAST BUFFALO                   CHURCHVILLE                  NY        14428
23805     801138488     KING SANDRA                 58 EAST 52ND STREET               BROOKLYN                     NY        11226
23805     801138728     WILCHER RITA S              4170 EVANS ROAD                   FRANKLINTON                  NC        27525
23805     801138827     ZACK FREDERICK J            9365 ELIDA ROAD                   SPRING HILL                  FL        34608
23805     801139643     FRED V ALLEN                5124 26TH STREET SOUTHWEST        LEHIGH                       FL        33971
23805     801139973     LARGE JAROME KEITH          701 ATHENS SCHOOL ROAD            SWANSEA                      SC        29160
23805     801140211     PRENDIZ MICHAEL T           4011 NASA ROAD ONE #414           HOUSTON                      TX        77586
23805     801140260     MCMAHON ROSALIND J          4011 NASA ROAD ONE #609           HOUSTON                      TX        77586
23805     801140773     CONSTANTINE ANTHONY J       202 GIBSON STREET                 JERMYN                       PA        18433
23805     801141391     SIMPKINS RONALD W           5063 BEACH COURT                  DENVER                       CO        80221
23805     801141680     CUNNINGHAM PAUL B           RD 2 BOX 536                      UNIONTOWN                    PA        15401
23805     801142480     LOVELACE LEROY JR           1718 KANAWHA DRIVE                STONE MOUNTAIN               GA        30087
23805     801143587     HOUSTON GERTRUDE L          2603 MOSLEY ROAD                  ORANGE PARK                  FL        32065
23805     801143967     SHENK KEITH                 308 NORTH FRONT STREET            READING                      PA        19601

<CAPTION>
          Principal      Cut-off Date      First                                                 Original     Current    Scheduled
          Balance at       Principal      Payment       Maturity         Rem         Date          LTV        Mortgage    Payment
Pool ID  Origination        Balance        Date           Date           Term        Due          Ratio        Rate      Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S>       <C>             <C>            <C>            <C>             <C>        <C>             <C>         <C>        <C>
23805      37,850.00       37,850.00     10/28/98       09/28/13        179.05     10/28/98        84.6        10.850       426.64
23805      31,850.00       31,813.89     10/16/98       09/16/28        358.65     11/16/98        76.1         9.900       277.16
23805      28,000.00       27,905.57     10/21/98       09/21/13        178.82     11/21/98        62.2         8.250       271.64
23805      11,500.00       11,500.00     10/18/98       09/18/13        178.72     11/18/98        90.0        10.400       104.34
23805      54,000.00       53,935.99     10/21/98       09/21/18        238.82     11/21/98        90.0         9.850       515.76
23805      41,300.00       41,300.00     11/01/98       10/01/13        179.15     11/01/98        89.9         9.650       351.80
23805      63,000.00       63,000.00     11/01/98       10/01/13        179.15     11/01/98        64.9         7.250       575.10
23805      38,000.00       38,000.00     11/01/98       10/01/13        179.15     11/01/98        84.8         8.900       303.03
23805      84,558.00       84,558.00     10/08/98       09/08/13        178.39     11/08/98        90.0        10.400       767.17
23805      52,500.00       52,500.00     10/28/98       09/28/13        179.05     10/28/98        85.0         9.150       537.18
23805      39,950.00       39,950.00     11/01/98       10/01/13        179.15     11/01/98        85.0        10.750       447.82
23805      32,370.00       32,172.75     06/01/98       05/01/13        174.12     10/01/98        85.1        11.950       387.45
23805      53,600.00       53,565.96     07/01/98       06/01/13        175.13     11/01/98        89.9        11.550       532.84
23805      33,190.00       33,190.00     11/01/98       10/01/18        239.15     11/01/98        84.9        11.100       344.84
23805      37,000.00       37,000.00     10/09/98       09/09/13        178.42     11/09/98        75.5        13.600       426.72
23805      36,170.00       36,124.85     10/18/98       09/18/18        238.72     11/18/98        89.9        10.900       370.88
23805      38,000.00       37,849.66     11/01/98       10/01/13        179.15     12/01/98        83.7         9.250       391.09
23805      11,594.00       11,594.00     11/01/98       10/01/18        239.15     11/01/98        85.0        10.600       116.53
23805      46,000.00       45,794.54     10/23/98       09/23/13        178.88     11/23/98        81.7         9.150       470.68
23805     183,750.00      183,750.00     11/01/98       10/01/13        179.15     11/01/98        75.0        10.990     2,087.34
23805      29,500.00       29,500.00     11/01/98       10/01/13        179.15     11/01/98        89.8        10.650       328.84
23805     110,700.00      110,700.00     11/01/98       10/01/28        359.15     11/01/98        90.0        10.250       991.98
23805      34,850.00       34,850.00     11/01/98       10/01/28        359.15     11/01/98        85.0         9.900       303.26
23805      26,000.00       25,952.97     10/22/98       09/22/18        238.85     11/22/98        79.9        11.950       285.38
23805      38,400.00       38,400.00     11/01/98       10/01/13        179.15     11/01/98        80.0         7.900       364.76
23805      44,000.00       44,000.00     11/01/98       10/01/13        179.15     11/01/98        80.0        11.900       525.25
23805      22,100.00       21,994.52     11/01/98       10/01/13        179.15     12/01/98        79.9        12.100       266.66
23805      53,995.00       53,716.60     10/16/98       09/16/13        178.65     11/16/98        29.9         7.250       492.90
23805      18,278.00       18,100.62     06/06/98       05/06/13        174.28     11/06/98        84.7        11.990       219.25
23805      34,200.00       34,010.65     10/23/98       09/23/18        238.88     11/23/98        90.0        11.150       356.51
23805      37,000.00       37,000.00     11/01/98       10/01/13        179.15     11/01/98        70.5         9.850       320.61
23805      27,530.00       27,411.96     11/01/98       10/01/13        179.15     12/01/98        84.9         9.650       289.97
23805      35,000.00       34,906.01     10/18/98       09/18/13        178.72     11/18/98        88.4        10.650       390.15
23805      62,200.00       62,200.00     10/25/98       09/25/28        358.95     10/25/98        84.6        11.500       615.96
23805     128,000.00      128,000.00     11/01/98       10/01/18        239.15     11/01/98        84.9        10.850     1,308.16
23805      57,500.00       57,500.00     11/01/98       10/01/13        179.15     11/01/98        81.5        10.650       640.96
23805      61,000.00       60,822.90     11/01/98       10/01/13        179.15     12/01/98        67.7         7.650       432.80
23805      80,180.00       79,961.68     11/01/98       10/01/13        179.15     12/01/98        80.9         7.900       582.75
23805      33,000.00       32,897.23     10/28/98       09/28/13        179.05     11/28/98        89.9         9.750       349.59
23805      23,500.00       23,431.53     10/23/98       09/23/13        178.88     11/23/98        45.1         9.400       243.98
23805      22,500.00       22,315.97     11/01/98       10/01/08        119.15     12/01/98        62.0         7.750       270.02
23805     130,500.00      130,083.57     10/24/98       09/24/13        178.92     11/24/98        85.2         8.100       966.68
23805      16,000.00       15,895.83     10/21/98       09/21/08        118.82     11/21/98        63.8        11.350       223.58
23805     102,500.00      102,500.00     11/01/98       10/01/13        179.15     11/01/98        50.0        15.500     1,469.84
23805      42,700.00       42,700.00     10/22/98       09/22/18        238.85     10/22/98        90.0        10.400       423.44
23805      18,210.00       18,139.55     11/01/98       10/01/13        179.15     12/01/98        89.6        10.400       200.17
23805     105,000.00      105,000.00     11/01/98       10/01/23        299.15     11/01/98        70.0        14.200     1,280.04
23805      47,000.00       47,000.00     10/15/98       09/15/18        238.62     11/15/98        79.8        12.750       542.30
23805      27,750.00       27,674.55     10/21/98       09/21/13        178.82     11/21/98        85.4        12.650       344.74
23805     175,000.00      175,000.00     11/01/98       10/01/13        179.15     11/01/98        70.0        12.350     2,139.86
23805     121,500.00      121,500.00     11/01/98       10/01/18        239.15     11/01/98        90.0        10.400     1,204.88
23805     104,000.00      103,564.20     10/21/98       09/21/13        178.82     11/21/98        80.0         9.600     1,092.28
23805      59,500.00       59,500.00     11/01/98       10/01/18        239.15     11/01/98        81.5         8.000       497.68
23805      36,000.00       35,923.65     10/23/98       09/23/13        178.88     11/23/98        75.0        12.100       434.38
23805      39,000.00       39,000.00     11/01/98       10/01/28        359.15     11/01/98        75.0         8.000       286.17
23805      47,550.00       47,550.00     11/01/98       10/01/28        359.15     11/01/98        75.0         8.000       348.90
23805      64,000.00       64,000.00     11/01/98       10/01/18        239.15     11/01/98        68.8         7.220       504.68
23805      17,000.00       17,000.00     11/01/98       10/01/18        239.15     11/01/98        67.3         9.600       159.57
23805      51,600.00       51,600.00     10/28/98       09/28/13        179.05     10/28/98        89.6        10.400       567.19
23805     340,000.00      339,695.51     10/17/98       09/27/28        358.68     11/27/98        80.0         9.000     2,735.72
23805      23,000.00       23,000.00     11/01/98       10/01/13        179.15     11/01/98        34.8         7.470       212.82
23805      25,200.00       25,200.00     11/01/98       10/01/28        359.15     11/01/98        80.0         9.250       207.31
</TABLE>


<PAGE>


<TABLE>
<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool II                                    Page 5 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98

                                                                                                                             Zip
Pool ID   Account          Name                        Address                         City                      State       Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>           <C>                         <C>                               <C>                          <C>       <C>
23805     801144049     WAUGH FRANK S               1227 DENISONVIEW STREET           PITTSBURGH                   PA        15205
23805     801144486     LANTZY KEVIN M              621 WISE AVENUE                   RED LION                     PA        17356
23805     801144932     POLIDORE JOSEPH R           4854 ROTHSCHILD DRIVE             CORAL SPRINGS                FL        33067
23805     801145293     USKO DENNIS E               RD 1 BOX 21A                      TEMPLETON                    PA        16259
23805     801145699     KOPREN WAYNE R              1151 MICHIGAN AVENUE              NAPLES                       FL        34103
23805     801145749     PARKS WILLIAM A             40 HENLEY ROAD                    BUFFALO                      NY        14216
23805     801146929     THODE ANN P                 8 B ELLIOT STREET                 CHARLESTON                   SC        29401
23805     801147885     ZIEBER TIM                  3434 SOUTH 300 EAST               SALT LAKE CITY               UT        84115
23805     801148925     HARTZOG DUWARD B            1130 CRYSTAL SPRINGS ROAD         PELION                       SC        29213
23805     801149162     ROGERS TONY R               1240 DALE AVENUE                  ROANOKE                      VA        24013
23805     801150624     HARDY PATRICK G             2907 SANDPIPER                    HOUSTON                      TX        77396
23805     801150947     KNOTTS GEORGE W             221 NYS ROUTE 164                 PATTERSON                    NY        12563
23805     801155094     KHAN MOHAMMAD N             5001-10TH STREET SOUTH #6         ARLINGTON                    VA        22204
23805     801155938     AUSTIN CAROLYN J            208 AVENUE A EAST                 WAHNETA                      FL        33880
23805     801156050     GEE DEBRA L                 6841-60TH STREET NORTH            PINELLAS PARK                FL        34665
23805     801157405     BAIN FAYE T                 8656 EMERALD ISLE CIRCLE S        JACKSONVILLE                 FL        32216
23805     801157926     TAULBEE JAMES S             3554 TREE LINE COURT #18          SARASOTA                     FL        34231
23805     801158189     DAWES KENT                  9914 SOUTH EDEN POINT CIR         SOUTH JORDAN                 UT        84095
23805     801159385     WHYTE OGA SOPHIE            2056 66TH AVENUE SOUTH            ST PETERSBURG                FL        33712
23805     801160383     CIMINO JAMES J              124 ONETA ROAD                    IRONDEQUOIT                  NY        14617
23805     801160763     HADLEY DONALD A             4797 SOUTH 2350 WEST              ROY                          UT        84067
23805     801161100     LIU CHIH-YING               36289 SAXON COURT                 NEWARK                       CA        94560
23805     801161969     ZEPEDA MARIA A              1602 SOUTH ST MARY'S              SAN ANTONIO                  TX        78204
23805     801162587     HEIL KAREN L                2101 CEDAR RUN DRIVE #305         CAMP HILL                    PA        17011
23805     801163916     BALTIMORE RODNEY            287 NORTH VILLAGE AVENUE          ROCKVILLE CENTRE             NY        11570
23805     801164385     NEWMAN LUKE R               1985 SW 195TH AVENUE              ALOHA                        OR        97006
23805     801165705     WASHINGTON DAJUAN           8010 BELLEVUE AVE                 CLEVELAND                    OH        44103
23805     801175779     SUCATO DIANE K              4621 EAST CAMELBACK ROAD          PHOENIX                      AZ        85018
23805     801181504     GIEBE WILLIAM JOHN          400 WOODCLIFF AVENUE              NORTH BERGEN                 NJ        07047
23805     801181611     WALKER MICHAEL A            3545 BRANDON CIRCLE               SUMTER                       SC        29154
23805     801183245     HULL WILLIAM J              844 WEST 11TH PLACE               MESA                         AZ        85201
23805    8000006455     OVERFELT C A                5527 MOSSY TIMBERS DRIVE          HUMBLE                       TX        77346
23805    8000018708     WILLIAMS JAMES G            790 APPLEWOOD LN                  ALGONQUIN                    IL        60102
23805    8000033533     WESTMORELAND MICHAEL L      1416 N KEALING                    INDIANAPOLIS                 IN        46201
23805    8000033574     WESTMORELAND MICHAEL L      1528 N GAYLE                      INDIANAPOLIS                 IN        46201
23805    8000033608     WESTMORELAND MICHAEL L      1521 N KEALING                    INDIANAPOLIS                 IN        46201
         ----------------------------------------
                283     Sale Total

23806     800757551     MELENDEZ ANTHONY            1885 WATSON AVENUE                BRONX                        NY        10472
23806     801035296     LUHMAN CAROL J              1755 KERLEY LANE                  COTTONWOOD                   AZ        86326
23806     801041146     WILLITS GREGORY J           959 EAST AKERS WAY                SANDY                        UT        84094
23806     801078718     WILLIAMS PATSY Y            4997 VIRGINIA AVE                 LONG BEACH                   CA        90805
23806     801084260     HERNANDEZ AGUSTIN           1502 MOUNT HERMAN DRIVE           SAN JOSE                     CA        95127
23806     801088766     LOCKERBIE KENNETH D         380 QUIETWOOD DRIVE               SAN RAFAEL                   CA        94903
23806     801104548     POSEY JAMES T               14135 WHISTLING DUCK COURT        CHARLOTTE                    NC        28273
         ----------------------------------------
                  7     Sale Total

23835    8000017296     NEWTON WALTER A             234 DEREK TRAIL                   MURRAY                       KY        42071
23835    8000026958     ASPERA REMEDIOS V.          251-51ST STREET                   BROOKLYN                     NY        11220
         ----------------------------------------
                  2     Sale Total

23836     801154337     TERRY PATRICIA A            1774 LOCKWOOD AVE                 E CLEVELAND                  OH        44112
23836    8000013915     DONOVAN KEVIN MURRAY        2741 RYAN PLACE DRIVE             FORT WORTH                   TX        76110
23836    8000019235     LEWIS JOHN E                400 HUNTER ST                     BECKLEY                      WV        25801
23836    8000021991     COPELAND MORTON J           304 SHELTON ST                    CARDIFF                      NJ        08232
23836    8000022452     DAVIS BERTHA ANN            107 SMITHFIELD STREET             NEW CASTLE                   PA        16101
23836    8000023377     HOLSINGER PATRICK           1008 19TH ST NE                   HICKORY                      NC        28601
23836    8000023658     NIESTER ANTHONY C           520 WEST BARNES LAKE RD           COLUMBIAVILLE                MI        48421
23836    8000024169     GABLE JOSEPH                74 ALLEN ST                       LOCKPORT                     NY        14094
23836    8000025869     SIMMS JAMES FREDERICK       118 AGNES LANE                    PINEVILLE                    LA        71360
23836    8000026354     HIGGINBOTHAM BRYON L.       5103 SUNSET DR                    HARRISBURG                   PA        17112
23836    8000026933     HARRIS DAVID S              27 W 35TH STREET                  WILMINGTON                   DE        19802

<CAPTION>
              Principal      Cut-off Date     First                                              Original     Current    Scheduled
              Balance at       Principal     Payment    Maturity         Rem         Date          LTV        Mortgage    Payment
Pool ID      Origination        Balance       Date        Date           Term        Due          Ratio        Rate      Int & Prin
- -----------------------------------------------------------------------------------------------------------------------------------
<S>           <C>             <C>           <C>         <C>             <C>        <C>             <C>         <C>        <C>
23805          69,520.00       69,520.00    10/28/98    09/28/18        239.05     10/28/98        80.0         7.750       570.72
23805          23,300.00       23,300.00    10/28/98    09/28/13        179.05     10/28/98        89.7        10.150       252.53
23805          33,000.00       32,937.52    10/18/98    09/18/13        178.72     11/18/98        84.9        11.600       387.60
23805          76,900.00       76,582.16    10/21/98    09/21/13        178.82     11/21/98        80.9         7.500       712.87
23805          40,280.00       40,179.48    10/23/98    09/23/13        178.88     11/23/98        90.0        10.150       436.55
23805          77,000.00       77,000.00    10/01/98    09/01/28        358.16     10/01/98        70.0        10.700       715.89
23805          78,300.00       78,300.00    11/01/98    10/01/18        239.15     11/01/98        84.9        11.100       813.54
23805          14,134.00       14,132.65    10/10/98    09/10/13        178.45     11/10/98        79.9        14.250       190.61
23805          68,000.00       68,000.00    10/28/98    09/28/18        239.05     10/28/98        85.0        11.750       736.92
23805          43,350.00       43,107.32    10/24/98    09/24/13        178.92     11/24/98        85.0        10.600       481.88
23805          86,400.00       86,400.00    11/01/98    10/01/28        359.15     11/01/98        80.0         9.650       735.97
23805          17,800.00       17,700.41    09/21/98    08/21/13        177.80     11/21/98        80.9        11.990       213.52
23805          35,700.00       35,700.00    11/01/98    10/01/28        359.15     11/01/98        85.0         9.400       297.58
23805          25,200.00       25,104.78    11/01/98    10/01/13        179.15     12/01/98        70.0        12.100       304.07
23805          49,500.00       48,953.37    11/01/98    10/01/13        179.15     12/01/98        58.9         7.220       336.67
23805          71,250.00       71,250.00    11/01/98    10/01/28        359.15     11/01/98        75.0         8.000       522.81
23805          45,500.00       45,500.00    11/01/98    10/01/13        179.15     11/01/98        65.0         9.450       473.75
23805          34,000.00       34,000.00    11/01/98    10/01/13        179.15     11/01/98        80.0         9.850       362.25
23805          60,000.00       59,849.62    10/23/98    09/23/28        358.88     11/23/98        68.9         7.900       436.08
23805          39,000.00       39,000.00    10/01/98    09/01/18        238.16     10/01/98        69.4         9.950       375.07
23805          16,200.00       16,200.00    11/01/98    10/01/13        179.15     11/01/98        85.0         9.650       137.99
23805          45,000.00       45,000.00    11/01/98    10/01/18        239.15     11/01/98        89.6        10.500       449.27
23805          92,000.00       92,000.00    11/01/98    10/01/28        359.15     11/01/98        80.0         9.650       783.67
23805          40,000.00       40,000.00    11/01/98    10/01/28        359.15     11/01/98        74.0        10.700       371.89
23805         499,750.00      499,750.00    10/28/98    09/28/28        359.05     10/28/98        79.9         9.200     4,093.22
23805          12,000.00       12,000.00    11/01/98    10/01/13        179.15     11/01/98        87.7        11.350       139.04
23805          50,900.00       50,873.10    10/23/98    09/23/28        358.88     12/23/98        84.9        11.950       521.61
23805         101,000.00      100,693.29    11/01/98    10/01/13        179.15     12/01/98        74.7        11.900     1,031.14
23805         237,500.00      237,500.00    11/01/98    10/01/23        299.15     11/01/98        63.3        11.490     2,412.38
23805          43,500.00       43,500.00    11/01/98    10/01/18        239.15     11/01/98        75.0        13.850       536.20
23805          54,300.00       54,300.00    11/01/98    10/01/13        179.15     11/01/98        80.9        11.800       550.20
23805          54,000.00       53,736.49    10/22/98    09/22/18        238.85     11/22/98        58.6         9.410       500.18
23805         136,800.00      136,800.00    10/23/98    09/23/28        358.88     11/23/98        90.0         9.900     1,190.42
23805          44,000.00       44,000.00    10/16/98    09/16/18        238.65     10/16/98        80.0        10.050       426.07
23805          48,000.00       48,000.00    10/16/98    09/16/18        238.65     10/16/98        80.0        10.050       464.80
23805          40,000.00       40,000.00    10/16/98    09/16/18        238.65     10/16/98        80.0        10.050       387.33
          ------------------------------                              --------                    ---------------------------------
           17,732,724.00   17,712,748.89                                237.35                     77.6        10.601   175,306.96

23806         157,250.00      157,062.94    03/24/98    02/24/13        171.95     10/24/98        85.0        11.900     1,605.40
23806          28,000.00       28,000.00    11/01/98    10/01/13        179.15     11/01/98        77.9        11.850       333.35
23806          49,250.00       49,200.05    10/01/98    09/01/13        178.16     11/01/98        84.6        11.350       570.65
23806          22,160.00       22,160.00    11/01/98    10/01/18        239.15     11/01/98        89.8        10.650       223.48
23806          50,000.00       50,000.00    11/01/98    10/01/13        179.15     11/01/98        83.0        11.100       479.94
23806          56,300.00       56,300.00    11/01/98    10/01/13        179.15     11/01/98        84.9        11.100       643.44
23806          41,000.00       41,000.00    11/01/98    10/01/13        179.15     11/01/98        88.8        10.650       379.65
          ------------------------------                              --------                    ---------------------------------
              403,960.00      403,722.99                                179.52                     84.8        11.423     4,235.91

23835          78,700.00       78,700.00    10/01/98    09/01/28        358.16     11/01/98        89.9        11.490       778.76
23835          56,000.00       56,000.00    11/01/98    10/01/13        179.15     11/01/98        83.6        11.590       558.41
          ------------------------------                              --------                    ---------------------------------
              134,700.00      134,700.00                                283.74                     87.3        11.532     1,337.17

23836          56,900.00       56,900.00    10/28/98    09/28/28        359.05     10/28/98        84.9         8.900       453.74
23836          26,000.00       25,961.25    10/16/98    09/16/13        178.65     11/16/98        70.3        10.750       291.45
23836          44,200.00       44,200.00    10/18/98    09/18/28        358.72     10/18/98        85.8        12.250       463.17
23836          65,000.00       64,848.09    10/08/98    09/08/13        178.39     11/08/98        65.0         9.650       684.64
23836          16,000.00       16,000.00    10/28/98    09/28/13        179.05     10/28/98        76.1        12.750       199.81
23836          16,500.00       16,500.00    10/23/98    09/23/13        178.88     10/23/98        39.2         9.310       170.41
23836         122,100.00      122,100.00    11/01/98    10/01/28        359.15     11/01/98        85.9         8.900       973.67
23836          16,200.00       16,183.44    10/25/98    09/25/18        238.95     11/25/98        64.8        10.750       164.47
23836          22,800.00       22,708.08    10/28/98    09/28/18        239.05     11/28/98        84.2        11.550       243.93
23836          69,000.00       68,838.89    10/16/98    09/16/18        238.65     11/16/98        61.6         9.050       623.03
23836          63,900.00       63,764.23    10/25/98    09/25/13        178.95     11/25/98        90.0        10.550       708.33
</TABLE>

<PAGE>


<TABLE>
<CAPTION>
ALLIANCE FUNDING                             Sale Schedule - Group 1, Sub-Pool II                                    Page 6 10/28/98

A division of Superior Bank FSB     1998-3 Class 1 - 2nd Subsequent Transfer of Fixed Rate Mortgages - Settlement 10/28/98

                                                                                                                             Zip
Pool ID   Account          Name                        Address                         City                      State       Code
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>           <C>                         <C>                               <C>                          <C>       <C>
23836    8000027154     JOHNSON RHONDA L            6922 PASCHALL AVE                 PHILADELPHIA                 PA        19142
23836    8000028756     ERICKSON LARRY J            310 DIVISION ST                   MANDAN                       ND        58554
23836    8000028871     WHITE LARRY N               109 VINEWOOD CT                   SIMPSONVILLE                 SC        29680
23836    8000029143     PARISI ANTHONY G            151 TERHUNE AVE                   JERSEY CITY                  NJ        07305
23836    8000029200     HUGHES LAWRENCE             725 W WAVELAND #8B                CHICAGO                      IL        60613
23836    8000029234     ROBINSON ANNIE F            10724 ALDEN RD APT3               JACKSONVILLE                 FL        32246
23836    8000030182     HOUSTON ELTON               1228 N HUMPHREY                   OAK PARK                     IL        60302
23836    8000031495     RANACHOWSKI TERI            113 DELMAR DR                     BOLINGBROK                   IL        60440
23836    8000031925     ROWLAND JOHN W              11750 STATE ROUTE E               WEST PLAINS                  MO        65775
23836    8000032154     OTERO ROLANDO               2831 SMITH FIELD DR               ORLANDO                      FL        32837
23836    8000032642     DAUER DONALD J              2546 LUDDINGTON                   TOLEDO                       OH        43615
23836    8000034218     O'NAN JIMMY D               1605 MELINA LANE                  MIDWEST CITY                 OK        73130
23836    8000034291     REINWALD JOHN J.            651 BIG SKY TRAIL                 CARY                         IL        60013
23836    8000035082     DELGADO DANIEL              284 NICHOLS AVE                   BROOKLYN                     NY        11208
23836    8000035207     DENNIS DAVID J              832 MORRIS STREET                 OSGOOD                       IN        47037
23836    8000035694     THOMAS WILLIE RUTH          717 N PARKSIDE                    CHICAGO                      IL        60644
23836    8000036163     JOPPA CHRISTIAN             3900 N LAKE SHORE DR              CHICAGO                      IL        60613
23836    8000036254     BROWN GENNIVES              887 FLORIDA PARKWAY               KISSIMMEE                    FL        34743
23836    8000036718     TAYLOR ROBERT W             1502 WRIGHT DRIVE                 SANDWICH                     IL        60548
23836    8000038433     SIERRA ELLA KARLYN          3921 W HAYFORD ST                 CHICAGO                      IL        60652
23836    8000039001     LOMBARDO TERRI L            2357 COUNTY RD. 216               FREMONT                      OH        43420
         ----------------------------------------
                 32     Sale Total

23858    5100020865     GOMEZ CATARINO              1217 WEST NORTHRUP                LANSING                      MI        48911
         ----------------------------------------
                  1     Sale Total

                325     Grand Total Sub-Pool II

<CAPTION>
             Principal       Cut-off Date      First                                              Original     Current    Scheduled
             Balance at        Principal      Payment    Maturity         Rem         Date          LTV        Mortgage    Payment
Pool ID     Origination         Balance        Date        Date           Term        Due          Ratio        Rate      Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>              <C>            <C>         <C>             <C>        <C>             <C>         <C>        <C>
23836         17,000.00        17,000.00     11/01/98    10/01/18        239.15     11/01/98        85.0        10.300       167.45
23836         18,700.00        18,641.46     10/21/98    09/21/18        238.82     11/21/98        89.9        12.240       209.04
23836         12,000.00        12,000.00     11/01/98    10/01/13        179.15     11/01/98        88.8        11.550       140.56
23836         40,000.00        39,842.29     10/16/98    09/16/18        238.65     11/16/98        37.0        10.500       399.35
23836        160,000.00       160,000.00     11/01/98    10/01/18        239.15     11/01/98        68.0         8.400     1,378.41
23836         42,100.00        42,016.90     10/21/98    09/21/18        238.82     11/21/98        85.9        10.050       407.67
23836         70,000.00        69,781.96     10/21/98    09/21/13        178.82     11/21/98        43.7         8.400       685.22
23836         30,900.00        30,900.00     10/18/98    09/18/18        238.72     10/18/98        89.9        11.550       330.59
23836         69,700.00        69,404.63     10/21/98    09/21/13        178.82     11/21/98        84.4         8.800       698.68
23836         20,300.00        20,300.00     11/01/98    10/01/18        239.15     11/01/98        89.1        11.550       217.19
23836         90,000.00        90,000.00     11/01/98    10/01/28        359.15     11/01/98        90.0         9.710       770.60
23836         50,000.00        50,000.00     11/01/98    10/01/28        359.15     11/01/98        75.7         8.820       395.85
23836         34,000.00        33,888.08     10/23/98    09/23/13        178.88     11/23/98        89.9        10.460       374.99
23836        180,500.00       180,500.00     11/01/98    10/01/13        179.15     11/01/98        85.9         8.400     1,766.89
23836         21,100.00        21,052.91     10/16/98    09/16/18        238.65     11/16/98        84.7        13.000       247.20
23836         40,000.00        40,000.00     11/01/98    10/01/28        359.15     11/01/98        47.0        11.000       380.93
23836         15,000.00        15,000.00     10/23/98    09/23/13        178.88     10/23/98        83.9        10.460       165.44
23836         32,900.00        32,900.00     11/01/98    10/01/18        239.15     11/01/98        89.9        11.550       351.99
23836        197,000.00       196,300.24     10/23/98    09/23/13        178.88     11/23/98        63.1         8.550     1,945.72
23836         11,200.00        11,200.00     11/01/98    10/01/13        179.15     12/01/98        84.9        11.650       131.91
23836         17,900.00        17,700.00     11/01/98    10/01/13        179.15     12/01/98        83.8        10.300       195.65
         -------------------------------                               ---------                   ---------------------------------
           1,688,900.00     1,686,432.45                                 239.44                     75.2         9.530    16,337.98

23858         43,700.00        43,700.00     11/01/98    09/20/09        131.15     11/01/98        66.6         9.625       496.43
         -------------------------------                               ---------                   --------------------------------
              43,700.00        43,700.00                                 131.15                     66.6         9.625       496.43

          20,003,984.00    19,981,304.33                                 236.44                     77.6        10.532      197,714
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Alliance Funding                         Sale Schedule A - Group 2, Sub-Pool III                           Page 1  10/28/98

A division of Superior Bank FSB      1998-3 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/28/98

                                                                                                                    Zip    
Pool ID  Account      Name                          Address                           City                 State    Code   
- ---------------------------------------------------------------------------------------------------------------------------
<S>     <C>        <C>                           <C>                               <C>                      <C>    <C>     
32308   800665366  LEVENTIS PETER A              14 ROLLINGREEN ROAD               GREENVILLE               SC     29615   
32308   800707952  POLLITZER JOHN                19 QUENBY MOUNTAIN ROAD           LIBERTY TOWNSHIP         NJ     07638   
32308   800867319  KISSANE PATRICK               105 BOGERT ROAD                   RIVER EDGE               NJ     07661   
32308   800876468  LAGROSA MARISTELLA C          409 GARDEN STATE DRIVE            CHERRY HILL              NJ     08034   
32308   800888950  RUPE JACK E                   3937 WEST FORMBY DRIVE            SYRACUSE                 UT     84075   
32308   800895708  PRAUL JAMES B                 2206 WILSON AVENUE                BRISTOL                  PA     19007   
32308   800897654  DIAMOND NEIL W                11 LIVINGSTON AVENUE              STATEN ISLAND            NY     10314   
32308   800901936  RAMIREZ ANNA H                5336 SOUTH 2425 WEST              ROY                      UT     84067   
32308   800909079  MARTIN WAYNE                  2673 SOUTH F AVENUE               OGDEN                    UT     84401   
32308   800918146  BEILSTEIN THOMAS E            8334 SILKWOOD COURT               MECHANICSVILLE           VA     23116   
32308   800921009  WILLIAMS MELVIN B             23 WEST STURBRIDGE DRIVE          PISCATAWAY               NJ     08854   
32308   800921272  GONZALEZ PABLO M              97 MANALAPAN ROAD                 SPOTSWOOD                NJ     08884   
32308   800924136  CASTRO CARLOS R               4002 LEAH LANE                    HAMILTOWN TOWNSHIP       NJ     08201   
32308   800925935  GOODNOUGH JEFFREY S           969 BYRON DRIVE                   MILFORD                  MI     48381   
32308   800926016  SCOTT CLAUDETTE S             819 EAST 21ST STREET              ANDERSON                 IN     46016   
32308   800926313  AMAROSA LOUIS E               5919 CHILI RIGA CENTER RD         RIGA                     NY     14428   
32308   800938078  CORNELL AMIR S                4062 SOUTH SEVERN CIRCLE          SALT LAKE CITY           UT     84124   
32308   800940959  EDMUNDS TERESA M              560 EAST WASATCH STREET           MIDVALE                  UT     84047   
32308   800943235  SILLSBURY JAMES A             20 FAIRVIEW DRIVE                 WEST MILFORD             NJ     07421   
32308   800948804  MILLER PAUL L                 1190 NORTH 1075 EAST              OGDEN                    UT     84404   
32308   800949026  SAWYER REGINALD               60 HUNTINGTON PLACE               COVINGTON                GA     30016   
32308   800950693  SASS WILLIAM                  319 ROUTE 661                     JOHNSONBURG              NJ     07846   
32308   800951782  ASIELUE FIDELIS U             1980 BURROUGHS DRIVE              DAYTON                   OH     45405   
32308   800959710  BLAKE MILDRED M               615 5TH STREET                    BENNETT                  CO     80102   
32308   800963621  HINES MARK L                  3001 NORTH THIRD STREET           HARRISBURG               PA     17110   
32308   800966210  TIRONE JOSEPH                 21 ASH BROOK DRIVE                EDISON                   NJ     08820   
32308   800966608  DIBBELL BRUCE W               604 4TH STREET                    OGDEN                    UT     84404   
32308   800967663  DEFEO MARK                    46 GILL RD                        HADDONFIELD              NJ     08033   
32308   800970980  KREM DAVID P                  4637 SPRING DRIVE                 CENTER VALLEY            PA     18034   
32308   800973489  STEVENSON STEVE               5202 RORER STREET                 PHILADELPHIA             PA     19120   
32308   800974891  SCHEPPARD BERNARD R           1612 RALWORTH ROAD                BALTIMORE                MD     21218   
32308   800976250  MARTIN TIMOTHY L              5051 WAYNE ROAD                   CHAMBERSBURG             PA     17201   
32308   800977811  VEGLATTE JOHN F               125 PEARL STREET                  BRIDGEWATER              NJ     08807   
32308   800979262  BLAIR VIRGINIA M              38 DELWOOD ROAD                   KENMORE                  NY     14217   
32308   800980708  CONNER DANA LYNN              6561 WEST BEARD ROAD              PERRY                    MI     48872   
32308   800984643  KING KIP L                    6926 NORTH FORK ROAD              LIBERTY                  UT     84310   
32308   800986382  VASQUEZ GINGER L              446 SOUTH ADAMS STREET            MIDVALE                  UT     84047   
32308   800987166  VELASQUEZ JAMES R             35 EAST RADIANT COURT             PAGOSA SPRINGS           CO     81147   
32308   800988230  ORMISTON ANDREW E             2110 JADE STREET                  GROVE CITY               OH     43123   
32308   800990764  ROAZEN MATTHEW D              134 LINWOOD AVENUE                ARDMORE                  PA     19003   
32308   800991853  FREED MAURICE D               2571 PINE RIDGE ROAD              WEST BLOOMFIELD          MI     48324   
32308   800992356  GAJEWSKI RICHARD A            8101 CLAREHERST                   CLARENCE                 NY     14035   
32308   800993404  COLKITT JAMES G               3088 HARDEE DRIVE                 KENNESAW                 GA     30152   
32308   800995227  GROSSO GUY JR                 15 ROUTE                          DEER PARK                NY     12739   
32308   800996514  PADUANA MICHAEL A             1092 CO ROUTE 10                  PENNELLVILLE             NY     13132   
32308   800996951  RUCKER MAYBELL                21400 WINCHESTER                  SOUTHFIELD               MI     48076   
32308   800997041  HERMIZ FARID I                17236 SUFFIELD DR                 CLINTON TWP              MI     48038   
32308   800997272  TERPENING JOHN L              4129 SOUTH 6400 WEST              WEST VALLEY CITY         UT     84128   
32308   800999047  ANDERSON SHERI T              3043 WEST 1100 NORTH              WEST POINT               UT     84015   
32308   801004946  HERRIER RUTH ANN              7614 85TH LANE NORTH              LARGO                    FL     33777   
32308   801005463  NARDONE ROBERT JOSEPH JR      2717 BURWELL STREET               UNION                    NJ     07083   
32308   801005802  POLSON KRIS R                 1016 NORTH 325 WEST               HARRISVILLE              UT     84404   
32308   801007998  BACA DAVID W                  4227 NEW VISTAS COURT NORT        ALBUQUERQUE              NM     87120   
32308   801008137  PATO MARIE                    276 BOOTH HILL ROAD               TRUMBELL                 CT     06611   
32308   801010117  BOSCO JAMES M JR              39 NEW YORK AVENUE                WARWICK                  RI     02887   
32308   801012170  CREEACH DONNA J               17 SPINNAKER COURT                GREENVILLE               SC     29611   
32308   801018912  SCALISE FRANCIS J             2700 HASKINS ROAD                 WATERFORD                PA     16441   

<CAPTION>
         Principal     Cut-off Date    First                Initial  Minimum  Maximum
         Balance at      Principal   Payment     Maturity  Mortgage Mortgage  Mortgage  Gross
Pool ID  Origination      Balance      Date        Date      Rate     Rate     Rate     Margin
- ----------------------------------------------------------------------------------------------
<S>      <C>            <C>          <C>         <C>        <C>      <C>      <C>       <C>
32308    127,500.00     127,320.54   07/01/98    06/01/28   11.125   10.125   17.125    7.375
32308    120,000.00     119,754.75   07/01/98    06/01/28    9.375    8.375   15.375    6.375
32308    130,900.00     130,694.77   08/01/98    07/01/28   10.625    9.625   16.625    6.750
32308     88,500.00      88,375.44   07/01/98    06/01/28   11.125   10.125   17.125    8.120
32308    211,650.00     211,300.58   08/01/98    07/01/28   11.000   10.000   17.000    7.875
32308    113,600.00     113,546.28   08/01/98    07/01/28   12.875   11.875   18.875    8.750
32308    152,150.00     151,902.16   05/01/98    04/01/28   11.500   10.500   17.500    7.875
32308     88,000.00      88,000.00   11/01/98    10/01/28   12.125   11.125   18.125    8.625
32308     70,550.00      70,518.92   10/01/98    09/01/28   12.000   11.000   18.000    8.125
32308    151,300.00     151,219.95   10/01/98    09/01/28   12.375   11.375   18.375    8.500
32308    207,900.00     207,700.00   08/01/98    07/01/28    9.625    8.625   15.625    6.250
32308    102,400.00     102,400.00   10/01/98    09/01/28   12.125   11.125   18.125    8.625
32308    160,200.00     160,045.90   09/01/98    08/01/28    9.625    8.625   15.625    6.250
32308    127,000.00     126,820.79   08/01/98    07/01/28    9.750    8.750   15.750    6.375
32308     52,700.00      52,665.22   09/01/98    08/01/28   11.375   10.375   17.375    7.250
32308    200,000.00     199,911.53   10/01/98    09/01/28   10.000    9.000   16.000    6.250
32308    139,750.00     139,750.00   11/01/98    10/01/28   10.625    9.625   16.625    7.500
32308    117,300.00     117,174.68   10/01/98    09/01/28   11.125   10.125   17.125    7.000
32308    156,800.00     156,800.00   10/01/98    09/01/28   12.625   11.625   18.625    8.750
32308    157,250.00     157,250.00   10/01/98    09/01/28   12.000   11.000   18.000    8.125
32308     89,010.00      88,976.49   09/01/98    08/01/28   10.750    9.750   16.750    7.375
32308    111,500.00     111,500.00   11/01/98    10/01/28   11.250   10.250   17.250    7.625
32308    100,000.00      99,970.58   10/01/98    09/01/28   11.875   10.875   17.875    7.500
32308     99,900.00      99,722.68   09/01/98    08/01/28    8.625    7.625   14.625    6.500
32308     67,500.00      67,422.05   09/01/98    08/01/28    8.750    8.750   14.750    5.500
32308    221,250.00     221,186.69   10/01/98    09/01/28   12.000   12.000   18.000    9.250
32308     96,300.00      96,300.00   11/01/98    10/01/28   10.500    9.500   16.500    7.375
32308    184,000.00     183,944.36   09/01/98    08/01/28   11.750   10.750   17.750    8.250
32308    166,500.00     166,500.00   11/01/98    10/01/28    9.750    8.750   15.750    6.250
32308     48,450.00      48,450.00   11/01/98    10/01/28   10.250    9.250   16.250    6.250
32308     68,792.00      68,792.00   11/01/98    10/01/28   10.250    9.250   16.250    6.250
32308     96,300.00      96,252.63   10/01/98    09/01/28    9.500    8.500   15.500    6.875
32308    110,500.00     110,500.00   11/01/98    10/01/28    9.875    8.875   15.875    6.750
32308     50,000.00      49,980.66   10/01/98    09/01/28   10.625    9.625   16.625    6.500
32308    112,200.00     112,067.02   09/01/98    08/01/28    8.625    7.625   14.625    5.500
32308    158,100.00     158,100.00   10/01/98    09/01/28   11.125   10.125   17.125    7.375
32308    111,600.00     111,519.23   10/01/98    09/01/28    9.625    8.625   15.625    6.250
32308    106,250.00     106,127.29   09/01/98    08/01/28   10.750    9.750   16.750    7.375
32308     79,900.00      79,900.00   11/01/98    10/01/28   11.875   10.875   17.875    7.750
32308    135,000.00     135,000.00   10/01/98    09/01/28    8.875    7.875   14.875    5.750
32308    170,000.00     169,942.61   11/01/98    10/01/28   11.250   10.250   17.250    7.875
32308    130,000.00     130,000.00   10/01/98    09/01/28    9.875    8.875   15.875    7.250
32308     75,600.00      75,571.54   09/01/98    08/01/28   10.750    9.750   16.750    7.375
32308    114,300.00     114,252.07   09/01/98    08/01/28   10.250    9.250   16.250    6.500
32308     53,550.00      53,531.42   10/01/98    09/01/28   11.125   10.125   17.125    7.500
32308     81,000.00      80,961.19   10/01/98    09/01/28    9.625    8.625   15.625    6.375
32308    197,900.00     197,823.45   10/01/98    09/01/28   10.625   10.625   16.625    7.875
32308     84,000.00      83,961.84   10/01/98    09/01/28   11.875   10.875   17.875    8.000
32308    193,500.00     193,500.00   11/01/98    10/01/28    8.875    7.875   14.875    6.250
32308     69,000.00      68,924.34   09/01/98    08/01/28    9.000    8.000   15.000    6.125
32308    100,000.00      99,943.94   10/01/98    09/01/28    8.875    7.875   14.875    5.875
32308     91,000.00      90,965.74   10/01/98    09/01/28   12.750   11.750   18.750    9.125
32308    145,600.00     145,516.24   10/01/98    09/01/28   10.750    9.750   16.750    8.625
32308    187,000.00     186,622.54   05/01/98    04/01/28   11.375   10.375   17.375    7.650
32308     80,000.00      79,968.20   10/01/98    09/01/28   10.500    9.500   16.500    7.375
32308     50,720.00      50,701.91   10/01/98    09/01/28   11.000   10.000   17.000    7.500
32308    107,900.00     107,900.00   11/01/98    10/01/28    9.375    8.375   15.375    6.000
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Alliance Funding                         Sale Schedule A - Group 2, Sub-Pool III                           Page 2  10/28/98

A division of Superior Bank FSB      1998-3 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/28/98

                                                                                                                    Zip    
Pool ID  Account      Name                          Address                           City                 State    Code   
- ---------------------------------------------------------------------------------------------------------------------------
<S>     <C>        <C>                           <C>                               <C>                      <C>    <C>     
32308   801020389  SPEARMON KEVIN                53 OSWEGO PLACE                   NORTH BABYLON            NY     11703   
32308   801020470  MAHONEY ROBERT                15 MILL STREET                    WEYMOUTH                 MA     02188   
32308   801020710  ROSE-WILLIAM SYLVESTER        6325 FLOR DE MAYO PL NW           ALBUQUERQUE              NM     87120   
32308   801022070  BOYER TERRY D                 40 GRANGE ROAD                    BERNVILLE                PA     19506   
32308   801023227  SMALDINO DONALD R             5567 MADRID DRIVE                 AUSTINTOWN               OH     44515   
32308   801026105  ELLIOTT MATTHEW J             656 WEST 600 NORTH                CLEARFIELD               UT     84015   
32308   801026303  RAMSEY BETH A                 2211 NORTH 300 WEST               SUNSET                   UT     84015   
32308   801026956  WILLIAMS JOHN G               328 CHURCH ST                     ORTONVILLE               MI     48462   
32308   801027293  METELLUS SYLVIO               96 ROANOKE ROAD                   HYDE PARK                MA     02136   
32308   801029935  THOMPSON JOHN H               230 CAMBRIDGE                     LONGVIEW                 TX     75601   
32308   801031782  CUCCIA GARY A                 RD 2 BOX 242 BASH ROAD            NEW ALEXANDRIA           PA     15670   
32308   801033697  OSBORNE JEFFREY K             1937 WALNUT STREET                ANDERSON                 IN     46016   
32308   801033895  SCHRADER KEN M                963 GULLEY ROAD                   OCEOLA                   MI     48843   
32308   801034505  SMART DANIEL J SR             718 ST FRANCIS DRIVE              BROOMALL                 PA     19008   
32308   801034588  DIAZ DALE T                   2318 EAST 2050 NORTH              LAYTON                   UT     84040   
32308   801035510  MITROI GEORGE J               7770 CHAMPAIGN DRIVE              MENTOR                   OH     44060   
32308   801035817  SALEH AFRAH A                 6609 MIDDLEPOINT                  DEARBORN                 MI     48126   
32308   801035908  FORD JULIA L                  514 LYMAN                         WEST CHICAGO             IL     60185   
32308   801037169  JEAN ROBERT V                 2724 NORTH FRANKLIN AVENUE        SPRINGFIELD              MO     65803   
32308   801037508  LYNCH GLENDA GAYLE            1040 SUMMIT DRIVE                 JUSTIN                   TX     76247   
32308   801037698  HOUGH RONALD C                304 E WILLIAM STREET              SALISBURY                MD     21801   
32308   801039272  ANDERSON FRANK RAYMOND        26 MANSION ROAD                   BALTIMORE                MD     21090   
32308   801041260  HENNEQUIN MARK J              126 SOUTH STREET                  WEST HAVEN               CT     06516   
32308   801044520  PEACOCK BECKY S               1062 UNION STREET                 BROOKLYN                 NY     11225   
32308   801045196  WATSON SANDRA L               6240 ASCENSION                    CLARKSTON                MI     48348   
32308   801046145  BERT CHRISTIAN P              1114 CLIFTON ROAD                 BETHEL PARK              PA     15102   
32308   801049867  CASWELL JOSEPH                38 KUCHLER DRIVE                  LAGRANGEVILLE            NY     12540   
32308   801050501  RUSSELL PEGGIE ANN            2924 GALLEON CT NE                TACOMA                   WA     98422   
32308   801050550  STATON-BREVA YVONNE O         6719 MILLVILLE ROAD               MAYS LANDING             NJ     08330   
32308   801051103  JONES DEBRA L                 250 WEST 200 NORTH                JOSEPH                   UT     84739   
32308   801051244  MCBRIDE TONY J                1325 WALCOTT AVENUE               OGDEN                    UT     84401   
32308   801051400  BALASCO STEVEN C              50 KICKEMUIT ROAD                 WARREN                   RI     02885   
32308   801051749  MERLINO ANGELO M              10 SUNSET DRIVE                   MOSCOW                   PA     18444   
32308   801054420  IZZO RALPH                    42 ALGONQUIN WAY                  WEST MILFORD             NJ     07480   
32308   801054537  HART BRENDA                   9918 WESTCHESTER                  CLEVELAND                OH     44108   
32308   801054586  PHYSICIAN MICHAEL E           6728 CAMBRIDGE STREET             DEARBORN                 MI     48127   
32308   801054826  BALOGH CHARLES E              32255 AUBURN                      BEVERLY HILLS            MI     48025   
32308   801055310  KLEIN MITCHELL S              2670 COVE BAY DRIVE               WATERFORD                MI     48329   
32308   801055781  DAVISTON ANDREW L             1226 S 18TH AVE                   MAYWOOD                  IL     60153   
32308   801056110  DEAL CHERYL L                 280 S HARRIS AVE                  COLUMBUS                 OH     43204   
32308   801056797  KAUFMAN TH0MAS M              24 ABBEY LANE                     SHIRLEY                  NY     11967   
32308   801058496  CULP LLOYD B                  458 MADISON STREET                SILVER PLUME             CO     80476   
32308   801058645  MARSH JAMES H                 840 BALDWIN STREET                NEENAH                   WI     54956   
32308   801061854  HAWKINS LEROY                 2320 FLEMING ROAD                 FUQUAY-VARINA            NC     27526   
32308   801062126  ARLINE SAMUEL                 1217 SOUTH FREDONIA STREET        LONGVIEW                 TX     75602   
32308   801064890  PELAEZ WINELLA P              5012 SOUTH 4300 WEST              HOOPER                   UT     84315   
32308   801065178  PROCTOR DORIS M               3909 WEBSTER STREET               BRENTWOOD                MD     20722   
32308   801066143  FALLON LORA J                 952 HARRISON ROAD                 TOMS RIVER               NJ     08753   
32308   801066242  GRIFFIN JEFFREY R             6 CAROLINE STREET                 ANSONIA                  CT     06401   
32308   801066473  BRODICK PAUL                  18 MAPLETON AVENUE                STATEN ISLAND            NY     10306   
32308   801068370  KIRKPATRICK DANIEL F          BOX294 ROUTE 351                  ENON VALLEY              PA     16120   
32308   801069451  HONIOUS TIMOTHY W             1026 EPWORTH AVE                  DAYTON                   OH     45410   
32308   801069873  SPENCER ELMA                  764 HARVARD STREET NW             WASHINGTON               DC     20001   
32308   801069899  VARGO LOUIS JR                143 CAULFIELD AVENUE              DEPTFORD                 NJ     08096   
32308   801070236  ALI ALI H                     1228 WYOMING                      DEARBORN                 MI     48120   
32308   801070285  WILLIAMS PRISCILLA R          3301 WEST 84TH ST                 CHICAGO                  IL     60652   
32308   801070491  MALDONADO GUSTAVO             19505 EAST TUFTS CIRCLE           AURORA                   CO     80015   

<CAPTION>
         Principal     Cut-off Date    First                Initial  Minimum  Maximum
         Balance at      Principal   Payment     Maturity  Mortgage Mortgage  Mortgage  Gross
Pool ID  Origination      Balance      Date        Date      Rate     Rate     Rate     Margin
- ----------------------------------------------------------------------------------------------
<S>      <C>            <C>          <C>         <C>        <C>      <C>      <C>       <C>
32308    132,000.00     132,000.00   11/01/98    10/01/28   11.000   11.000   17.000    8.000
32308    131,300.00     131,300.00   11/01/98    10/01/28   11.125   10.125   17.125    7.000
32308    106,800.00     106,768.00   10/01/98    09/01/28   12.000   11.000   18.000    8.375
32308    143,500.00     143,462.23   10/01/98    09/01/28   12.375   11.375   18.375    8.750
32308     81,600.00      81,534.86   10/01/98    09/01/28   10.500   10.500   16.500    8.000
32308    112,880.00     112,840.83   10/01/98    09/01/28   13.125   12.125   19.125    9.500
32308    104,000.00     104,000.00   11/01/98    10/01/28   13.125   12.125   19.125    9.500
32308    162,000.00     162,000.00   11/01/98    10/01/28    8.625    7.625   14.625    5.750
32308     93,750.00      93,750.00   11/01/98    10/01/28    9.875    8.875   15.875    5.750
32308     56,700.00      56,700.00   11/01/98    10/01/28    9.625    8.625   15.625    6.250
32308    172,000.00     172,000.00   11/01/98    10/01/28   11.000   10.000   17.000    7.500
32308     46,000.00      45,969.64   10/01/98    09/01/28   11.375   10.375   17.375    7.250
32308    180,000.00     180,000.00   10/01/98    09/01/28    9.875    8.875   15.875    7.250
32308    134,000.00     133,815.85   08/01/98    07/01/28    9.875    8.875   15.875    6.125
32308    208,800.00     208,800.00   11/01/98    10/01/28    9.250    8.250   15.250    6.125
32308    160,800.00     160,800.00   11/01/98    10/01/28   11.125   10.125   17.125    8.000
32308     89,200.00      89,200.00   11/01/98    10/01/28    9.250    8.250   15.250    6.125
32308     98,400.00      98,350.31   10/01/98    09/01/28    9.375    8.375   15.375    6.625
32308     54,900.00      54,900.00   11/01/98    10/01/28   10.250    9.250   16.250    7.375
32308    124,100.00     124,014.60   10/01/98    09/01/28    9.875    8.875   15.875    6.250
32308     70,480.00      70,480.00   11/01/98    10/01/28   11.125   10.125   17.125    6.750
32308    100,000.00     100,000.00   10/01/98    09/01/28   10.375    9.375   16.375    6.500
32308     94,620.00      94,620.00   11/01/98    10/01/28   10.875    9.875   16.875    6.125
32308    139,500.00     139,500.00   11/01/98    10/01/28   10.000    9.000   16.000    6.125
32308     95,000.00      94,954.49   10/01/98    09/01/28    9.625    8.625   15.625    6.500
32308     84,000.00      84,000.00   11/01/98    10/01/28   11.875   10.875   17.875    8.000
32308     54,000.00      53,977.95   10/01/98    09/01/28   10.375    9.375   16.375    7.000
32308    202,300.00     202,300.00   11/01/98    10/01/28   10.875    9.875   16.875    6.750
32308     96,000.00      96,000.00   11/01/98    10/01/28   11.500   11.500   17.500    9.000
32308     89,250.00      89,250.00   11/01/98    10/01/28    9.000    8.000   15.000    5.500
32308    112,050.00     111,982.12   10/01/98    09/01/28   10.500    9.500   16.500    7.375
32308     85,000.00      84,939.10   10/01/98    09/01/28   11.000   10.000   17.000    7.625
32308    137,580.00     137,517.50   10/01/98    09/01/28    9.875    8.875   15.875    7.000
32308    165,000.00     164,939.54   10/01/98    09/01/28   10.875    9.875   16.875    7.250
32308     61,200.00      61,200.00   11/01/98    10/01/28    9.625    8.625   15.625    6.250
32308    125,900.00     125,861.92   09/01/98    08/01/28   11.750   10.750   17.750    7.875
32308    200,500.00     200,424.51   10/01/98    09/01/28   10.750    9.750   16.750    7.375
32308    183,750.00     183,750.00   11/01/98    10/01/28   10.625    9.625   16.625    7.125
32308     56,000.00      56,000.00   11/01/98    10/01/28   12.875   11.875   18.875    9.500
32308     58,600.00      58,600.00   10/01/98    09/01/28    9.250    9.250   15.250    5.750
32308     92,650.00      92,650.00   11/01/98    10/01/28   11.125   10.125   17.125    7.875
32308    130,900.00     130,814.37   10/01/98    09/01/28    8.125    7.125   14.125    5.000
32308     67,200.00      67,171.62   10/01/98    09/01/28   13.375   12.375   19.375    9.750
32308     87,550.00      87,550.00   11/01/98    10/01/28    9.750    8.750   15.750    5.750
32308     74,375.00      74,375.00   11/01/98    10/01/28    9.750    8.750   15.750    5.750
32308    220,500.00     220,399.82   10/01/98    09/01/28   11.875   10.875   17.875    8.375
32308     81,500.00      81,500.00   11/01/98    10/01/28   11.875   10.875   17.875    8.000
32308     76,700.00      76,663.72   10/01/98    09/01/28   12.875   11.875   18.875    8.750
32308    100,800.00     100,800.00   11/01/98    10/01/28    8.500    7.500   14.500    5.000
32308     87,500.00      87,439.78   10/01/98    09/01/28    7.875    6.875   13.875    4.750
32308     87,425.00      87,425.00   11/01/98    10/01/28   12.500   11.500   18.500    8.375
32308     46,700.00      46,682.89   11/01/98    10/01/28   10.875    9.875   16.875    7.250
32308    115,200.00     115,200.00   10/01/98    09/01/28    9.750    8.750   15.750    6.625
32308     68,000.00      68,000.00   11/01/98    10/01/28    8.000    7.000   14.000    4.250
32308    100,000.00      99,943.93   10/01/98    09/01/28    8.875    7.875   14.875    5.375
32308    171,000.00     170,843.98   11/01/98    10/01/28    9.875    8.875   15.875    6.500
32308    161,550.00     161,484.04   10/01/98    09/01/28   10.375    9.375   16.375    6.250
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Alliance Funding                         Sale Schedule A - Group 2, Sub-Pool III                           Page 3  10/28/98

A division of Superior Bank FSB      1998-3 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/28/98

                                                                                                                    Zip    
Pool ID  Account      Name                          Address                           City                 State    Code   
- ---------------------------------------------------------------------------------------------------------------------------
<S>     <C>        <C>                           <C>                               <C>                      <C>    <C>     
32308   801070509  MCCUTCHAN GARY W              9131 WAVERLY DRIVE SW             TACOMA                   WA     98499   
32308   801071077  LUND DOUGLAS J                2039 EAST DORIS WAY               SALT LAKE CITY           UT     84124   
32308   801071721  SHIRAH SUSAN F                5505 HIDDEN LAKE ROAD             LAKELAND                 FL     33810   
32308   801072232  RAMKHALAWAN SEEPERSAD         107-47-109TH AVENUE               RICHMOND HILL            NY     11419   
32308   801072539  BRAKE CHARLES A               7209 WEST 1000 N                  CARTHAGE                 IN     46115   
32308   801072604  HOUDE MELISSA                 106 OLIVE STREET                  HUNTINGTON STATION       NY     11746   
32308   801073057  WAGGONER ELBA RICHARD         4317 PALM TREE BOULEVARD          CAPE CORAL               FL     33904   
32308   801074659  MURRAY MARK S                 2684 EAST BRINTON WAY             LAYTON                   UT     84040   
32308   801074808  VICENTE VERA                  616 BOYLSTON STREET               NEWTON                   MA     02159   
32308   801075847  MAULBECK CARL                 40 RUSSELL PLACE                  SUMMIT                   NJ     07901   
32308   801076043  GRAVELY VANESSA               1224 CHATHAM ROAD                 MARTINSVILLE             VA     24112   
32308   801078502  MOTLEY JESSIE                 1727 NORTH MOODY                  CHICAGO                  IL     60639   
32308   801078536  GUCA ANDY                     10914 FIRST STREET                MOKENA                   IL     60448   
32308   801079096  MALDONADO ELIZABETH           1551 MULBERRY STREET              READING                  PA     19604   
32308   801079468  KUSHION TODD                  3336 E VERMONTVILLE               CHARLOTTE                MI     48813   
32308   801079583  TURNER TIMOTHY                910 41ST STREET                   VIENNA                   WV     26105   
32308   801080722  LONGFELLOW DOUGLAS R          1128 CROSS STREET                 OGDEN                    UT     84404   
32308   801081001  THOMPSON PAMELA               405 GREENWOOD STREET              BRIDGEPORT               CT     06606   
32308   801081035  TOMA MOUWAFAK                 33232 RICHARD O                   STERLING HEIGHTS         MI     48310   
32308   801082124  DOLIN KATHLEEN M              RR 4 BOX 4510                     EAST STROUDSBURG         PA     18301   
32308   801082538  JOYNER MARY L                 951 JEFFERSON ST NE               WASHINGTON               DC     20011   
32308   801082918  SMITH EDWARD                  7706 EAST 48 STREET               INDIANAPOLIS             IN     46226   
32308   801083270  AQIL CHERYL L                 21871 KIPLING ST                  OAK PARK                 MI     48237   
32308   801083296  MOSKAL JOHN R                 43 EDGEWOOD TERRACE               SOUTH BOUND BROOK        NJ     08880   
32308   801083387  BUSBY JEFFREY A               14 SOUTH DRIVE                    ANDERSON                 IN     46012   
32308   801083627  SHUNK CHRISTOPHE D            16 THISTLE DRIVE                  DENVER                   PA     17517   
32308   801083692  MARROW WILBERT ANTHONY        130 RIDGECREST ROAD               WARRENTON                NC     27589   
32308   801084062  VAN VINH THE                  8108 SHADY SPRING DRIVE           GAITHERSBURG             MD     20877   
32308   801084245  VIGIL ARTHUR T                929 RALEIGH STREET                DENVER                   CO     80204   
32308   801084369  KHLAIF AHMED                  5901 HUBBELL ST                   DEARBORN HGTS            MI     48127   
32308   801084419  FIELDING WILLIAM              10 JAMIE LANE                     EAST FALMOUTH            MA     02536   
32308   801084625  DELAROSA JOSE A               5417 STOWE                        CLARKSTON                MI     48348   
32308   801085283  NEASE JOHN D                  1880 RANDOLPH RD                  MOGADORE                 OH     44260   
32308   801087040  THOMAS DONALD S               2350 IOWA STREET                  BRIDGEPORT               MI     48602   
32308   801087339  FUGILL KENNETH J              14 BEACON DRIVE                   BARNEGAT                 NJ     08005   
32308   801087669  STONEY KELLY J                1074 EAST 24TH STREET             OGDEN                    UT     84401   
32308   801089491  EASTEP RICHARD ALLEN          64901 EAST COUNTY ROAD 42         BYERS                    CO     80103   
32308   801090259  GOSHERT CORY L                555 KREUTZ CREEK ROAD             YORK                     PA     17406   
32308   801091687  LEFOU CAROL ANN               11868 ST PAUL CIRCLE              THORNTON                 CO     80233   
32308   801091851  ELDER MAE GWENDOLYN           3318 ASH STREET                   DENVER                   CO     80207   
32308   801091968  THUMMINGS YVONNE              112-20-207 STREET                 QUEENS VILLAGE           NY     11429   
32308   801092297  LEASHORE BERNICE              6318 S TALMAN AVE                 CHICAGO                  IL     60629   
32308   801093170  DUCKWORTH DAVID W             441 SETTLERS VIEW                 LA VERNIA                TX     78121   
32308   801094319  GALLAGHER RONALD H            450-C MOUNTAIN ROAD               BLOOMINGBURG             NY     12721   
32308   801095654  CLARK JAN E                   4880 SOUTH BURCH CREEK DR         OGDEN                    UT     84403   
32308   801096090  MUELLER ROBERT J SR           2156 MOUNT HOPE ROAD              MOUNT HOPE               NY     10940   
32308   801096488  HINES STEPHEN                 4325 DEEPHAVEN COURT              DENVER                   CO     80239   
32308   801098310  SCHEINER MICHAEL              197 SWEZEY STREET                 EAST PATCHOGUE           NY     11772   
32308   801102146  CARTAGENA GENARO              5442 S LAWNDALE AVENUE            CHICAGO                  IL     60632   
32308   801102252  KARPIEL PIOTR ADAM            611 CHURCH HILL ROAD              FAIRFIELD                CT     06430   
32308   801102294  TAYLOR TINA                   3461 EISENHOWER ROAD              COLUMBUS                 OH     43224   
32308   801102591  SARGENT KENNETH L             309 SOUTH XAVIER DRIVE            IVINS                    UT     84738   
32308   801102765  DAVIS SHERRY L                12364 1ST STREET                  FORT MYERS               FL     33905   
32308   801104043  CONNERS ANN                   8 ALTON ROAD                      BABYLON                  NY     11702   
32308   801104167  WILLIAMS GREGORY L            426 S RIVERSIDE DRIVE             VILLA PARK               IL     60181   
32308   801104514  VANCE WILLIAM J               2407 SKYLINE DRIVE                BELOIT                   WI     53511   
32308   801106915  SMITH CHRISTOPHE D            25132 KEEFER                      REDFORD                  MI     48239   

<CAPTION>
         Principal     Cut-off Date    First                Initial  Minimum  Maximum
         Balance at      Principal   Payment     Maturity  Mortgage Mortgage  Mortgage  Gross
Pool ID  Origination      Balance      Date        Date      Rate     Rate     Rate     Margin
- ----------------------------------------------------------------------------------------------
<S>      <C>            <C>          <C>         <C>        <C>      <C>      <C>       <C>
32308    159,800.00     159,800.00   11/01/98    10/01/28    8.375    7.375   14.375    5.000
32308    172,500.00     172,500.00   11/01/98    10/01/28   10.000    9.000   16.000    6.625
32308     68,000.00      68,000.00   11/01/98    10/01/28    8.750    7.750   14.750    5.250
32308    140,400.00     140,400.00   10/01/98    09/01/28   10.500    9.500   16.500    7.375
32308     95,550.00      95,550.00   11/01/98    10/01/28    9.500    9.500   15.500    6.500
32308     82,500.00      82,424.73   09/01/98    08/01/28    9.875    8.875   15.875    6.000
32308     80,100.00      80,058.47   10/01/98    09/01/28    9.250    8.250   15.250    6.125
32308    167,900.00     167,812.96   10/01/98    09/01/28   11.250   10.250   17.250    7.875
32308    203,150.00     203,150.00   11/01/98    10/01/28   10.375    9.375   16.375    6.750
32308    144,000.00     144,000.00   11/01/98    10/01/28   10.250    9.250   16.250    7.375
32308     55,250.00      55,250.00   11/01/98    10/01/28   10.250    9.250   16.250    6.250
32308     80,000.00      79,975.13   11/01/98    10/01/28   11.625   10.625   17.625    8.000
32308    119,000.00     119,000.00   10/01/98    09/01/28   11.250   10.250   17.250    7.875
32308     48,875.00      48,855.05   11/01/98    10/01/28   10.375    9.375   16.375    6.750
32308    109,800.00     109,685.71   10/01/98    09/01/28    9.250    8.250   15.250    7.375
32308     68,800.00      68,738.87   11/01/98    10/01/28   10.000    9.000   16.000    6.000
32308    113,800.00     113,694.60   10/01/98    09/01/28    8.375    7.375   14.375    5.000
32308     76,500.00      76,500.00   11/01/98    10/01/28   10.875    9.875   16.875    7.750
32308    130,000.00     130,000.00   11/01/98    10/01/28    8.375    7.375   14.375    5.000
32308    122,000.00     121,907.17   11/01/98    10/01/28    7.375    6.375   13.375    4.750
32308     80,600.00      80,600.00   11/01/98    10/01/28   12.000   12.000   18.000    8.750
32308     69,600.00      69,600.00   11/01/98    10/01/28   11.875   10.875   17.875    8.000
32308     99,000.00      99,000.00   10/01/98    09/01/28   10.500    9.500   16.500    7.375
32308    101,600.00     101,577.42   10/01/98    09/01/28   13.125   12.125   19.125    9.500
32308     53,600.00      53,564.03   11/01/98    10/01/28    8.000    7.000   14.000    4.250
32308     89,100.00      89,057.32   11/01/98    10/01/28    9.625    8.625   15.625    6.250
32308     85,500.00      85,500.00   11/01/98    10/01/28    9.375    8.375   15.375    6.250
32308    128,700.00     128,700.00   11/01/98    10/01/28    9.625    8.625   15.625    6.250
32308     89,500.00      89,500.00   11/01/98    10/01/28   10.375    9.375   16.375    6.750
32308     76,000.00      75,965.47   10/01/98    09/01/28    9.875    8.875   15.875    6.625
32308    117,600.00     117,600.00   11/01/98    10/01/28   11.625   10.625   17.625    8.000
32308    150,000.00     150,000.00   11/01/98    10/01/28    8.875    7.875   14.875    5.750
32308     96,000.00      96,000.00   11/01/98    10/01/28   11.875   10.875   17.875    8.000
32308     61,400.00      61,400.00   11/01/98    10/01/28   12.375   11.375   18.375    8.750
32308    114,200.00     114,123.04   10/01/98    09/01/28   10.750    9.750   16.750    7.375
32308     79,475.00      79,475.00   11/01/98    10/01/28   11.500   10.500   17.500    8.125
32308    142,200.00     142,200.00   11/01/98    10/01/28    9.625    8.625   15.625    6.250
32308    135,200.00     129,699.85   11/01/98    10/01/28    9.125    8.125   15.125    5.500
32308    110,000.00     110,000.00   11/01/98    10/01/28    8.000    8.000   14.000    5.000
32308     88,000.00      87,637.86   11/01/98    10/01/28   12.125   11.125   18.125    8.250
32308    104,500.00     104,500.00   11/01/98    10/01/28   12.875   11.875   18.875    8.750
32308     79,600.00      79,600.00   11/01/98    10/01/28   11.875   10.875   17.875    8.000
32308    102,000.00     102,000.00   11/01/98    10/01/28   10.375    9.375   16.375    6.750
32308    117,300.00     117,237.58   10/01/98    09/01/28    9.125    8.125   15.125    5.750
32308    132,600.00     132,529.43   10/01/98    09/01/28   11.125   10.125   17.125    7.000
32308    155,900.00     155,860.10   10/01/98    09/01/28   12.500   11.500   18.500    9.000
32308    108,250.00     108,189.31   10/01/98    09/01/28    8.875    7.875   14.875    6.500
32308    130,000.00     130,000.00   11/01/98    10/01/28   11.875   11.875   17.875    9.125
32308    141,300.00     141,243.85   11/01/98    10/01/28   10.500    9.500   16.500    7.375
32308    191,250.00     191,250.00   11/01/98    10/01/28    8.375    7.375   14.375    5.000
32308     66,300.00      66,300.00   11/01/98    10/01/28   10.250    9.250   16.250    6.250
32308    107,000.00     107,000.00   11/01/98    10/01/28    8.875    7.875   14.875    5.500
32308     66,200.00      66,200.00   11/01/98    10/01/28    9.750    8.750   15.750    6.250
32308    220,000.00     220,000.00   11/01/98    10/01/28   11.250   11.250   17.250    8.250
32308    129,000.00     129,000.00   11/01/98    10/01/28    8.875    7.875   14.875    5.750
32308     86,700.00      86,700.00   11/01/98    10/01/28   10.750    9.750   16.750    7.875
32308     56,000.00      55,987.55   11/01/98    10/01/28   13.125   12.125   19.125    9.500
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Alliance Funding                         Sale Schedule A - Group 2, Sub-Pool III                           Page 4  10/28/98

A division of Superior Bank FSB      1998-3 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/28/98

                                                                                                                    Zip    
Pool ID  Account      Name                          Address                           City                 State    Code   
- ---------------------------------------------------------------------------------------------------------------------------
<S>     <C>        <C>                           <C>                               <C>                      <C>    <C>     
32308   801107764  BURKMAN PAUL H                95 GAIL DRIVE                     NAUGATUCK                CT     06770   
32308   801108051  PAVLAT MICHAEL J              3324 N PITTSBURGH AVE             CHICAGO                  IL     60634   
32308   801109158  BETANCOURT JOSE               45 47 WADSWORTH AVENUE            NEW YORK                 NY     10033   
32308   801109257  JAMES BERNICE                 4466 THORNWOOD TRAIL              STONE MOUNTAIN           GA     30083   
32308   801109661  CRUMP DAVID W                 1211 SOMERVILLE ST                OXFORD                   MI     48371   
32308   801110222  SHOHOUDY AHMAD                3546 MULBERRY WAY                 DULUTH                   GA     30096   
32308   801110974  GARDNER MARSHALL M            610 NORTH 1425 EAST               LAYTON                   UT     84040   
32308   801111493  MATHIS DONNA M                4541 WYCOMBE LANE                 INDIANAPOLIS             IN     46226   
32308   801113069  ADAMAITIS JAMES E             7729 ALTON STREET                 CANTON                   MI     48187   
32308   801114364  MURPHY PATRICK R              412 SOUTH JAY STREET              LAKEWOOD                 CO     80226   
32308   801116252  BURKHARDT ERNEST T            365 CONSTITUTION AVENUE           FORKED RIVER             NJ     08731   
32308   801116898  LEGANO DEBRA                  246 14 CAMBRIA AVENUE             DOUGLASTON               NY     11362   
32308   801118126  KAZOO LAETH                   31347 RYAN RD                     WARREN                   MI     48092   
32308   801118142  GANGLOFF SHAWN                16 HARMON COURT                   NEWINGTON                CT     06111   
32308   801118191  APP CYNTHIA V                 4092 SCENIC MOUNTAIN DRIVE        SNELLVILLE               GA     30278   
32308   801120312  STEVENS TED A                 3946 NORTH 4750 EAST              EDEN                     UT     84310   
32308   801120551  CONNOLLY JOHN                 1960 EAST MEADOW DRIVE            SALT LAKE CITY           UT     84121   
32308   801123696  ROLLINS CLARK                 11864 S LOGANS RUN COVE           HERRIMAN                 UT     84065   
32308   801123795  WILSON FAITH                  17357 105TH AVENUE                JAMAICA                  NY     11433   
32308   801130824  KILBURN JAMES SCOTT           4088 COURSEY LAKE ROAD            DOUGLASVILLE             GA     30135   
32308   801159096  OWENS CORRY R                 6339 W. BLUEBELL CT               INDPLS                   IN     46224   
        -----------------------------------------                                                                          
              192  Sale Total                                                                                              

32309   800938086  OWENS ROGER W                 5535 SOUTH 4300 WEST              HOOPER                   UT     84315   
32309   801050667  GOODNOUGH EDWARD H            3920 SHENSTONE DRIVE              EUGENE                   OR     97404   
        -----------------------------------------                                                                          
                2  Sale Total

<CAPTION>
           Principal     Cut-off Date    First                Initial  Minimum  Maximum
           Balance at      Principal   Payment     Maturity  Mortgage Mortgage  Mortgage  Gross
Pool ID    Origination      Balance      Date        Date      Rate     Rate     Rate     Margin
- ------------------------------------------------------------------------------------------------
<S>     <C>            <C>             <C>         <C>        <C>      <C>      <C>       <C>
32308      133,450.00     133,450.00   11/01/98    10/01/28   11.125   10.125   17.125    7.000
32308      155,000.00     155,000.00   11/01/98    10/01/28    9.625    8.625   15.625    7.000
32308      171,000.00     171,000.00   11/01/98    10/01/28    9.375    8.375   15.375    5.750
32308       98,600.00      98,600.00   11/01/98    10/01/28   10.250    9.250   16.250    6.250
32308      157,400.00     157,400.00   11/01/98    10/01/28   10.125    9.125   16.125    7.000
32308       72,000.00      71,968.99   10/01/98    09/01/28   10.125    9.125   16.125    7.000
32308      172,250.00     172,250.00   11/01/98    10/01/28    9.750    8.750   15.750    6.375
32308      112,500.00     112,500.00   11/01/98    10/01/28    9.625    8.625   15.625    6.250
32308      126,000.00     123,863.85   11/01/98    10/01/28   10.750    9.750   16.750    7.625
32308      119,000.00     118,899.77   11/01/98    10/01/28   10.250    9.250   16.250    6.500
32308       89,600.00      89,568.91   10/01/98    09/01/28   11.125   10.125   17.125    7.250
32308      210,000.00     208,832.71   06/01/98    05/01/28    9.250    8.250   15.250    7.150
32308      121,500.00     121,500.00   11/01/98    10/01/28   10.500    9.500   16.500    7.375
32308      150,750.00     150,750.00   11/01/98    10/01/28    9.125    8.125   15.125    6.250
32308      109,565.00     109,565.00   11/01/98    10/01/28   10.375    9.375   16.375    6.750
32308      197,593.00     197,593.00   11/01/98    10/01/28   10.000    9.000   16.000    6.625
32308      173,700.00     173,700.00   11/01/98    10/01/28    9.250    8.250   15.250    5.500
32308      141,600.00     141,600.00   11/01/98    10/01/28    8.375    7.375   14.375    5.000
32308      110,551.00     110,551.00   11/01/98    10/01/28   12.875   11.875   18.875    9.250
32308      100,000.00     100,000.00   11/01/98    10/01/28    7.500    6.500   13.500    3.750
32308       94,000.00      94,000.00   11/01/98    10/01/28    8.375    7.375   14.375    5.000
        ----------------------------                          ---------------------------------
        22,207,741.00  22,191,591.55                          10.398    9.465   16.398    7.000

32309      128,000.00     127,866.79   09/01/98    08/01/28    9.250    8.250   15.250    6.000
32309      157,050.00     157,050.00   11/01/98    10/01/28    8.750    7.750   14.750    6.125
        ----------------------------                          ---------------------------------
           285,050.00     284,916.79                           8.974    7.974   14.974    6.069
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Alliance Funding                              Sale Schedule B - Group 2, Sub-Pool III                   Page 1  10/28/98

A division of Superior Bank FSB    1998-3 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/28/98 8


                                                Principal     Type of     Scheduled     Cut-off Date   
                                                Balance at    Mortgaged    Payment       Principal     
Pool ID  Account      Name                      Origination   Property    Int & Prin      Balance      
- -------------------------------------------------------------------------------------------------------
<S>     <C>        <C>                          <C>               <C>       <C>            <C>         
323-08  800665366  LEVENTIS PETER A             127,500.00        1         1,226.28       127,320.54  
323-08  800707952  POLLITZER JOHN               120,000.00        1           998.10       119,754.75  
323-08  800867319  KISSANE PATRICK              130,900.00        1         1,209.64       130,694.77  
323-08  800876468  LAGROSA MARISTELLA C          88,500.00        1           851.18        88,375.44  
323-08  800888950  RUPE JACK E                  211,650.00        1         1,702.98       211,300.58  
323-08  800895708  PRAUL JAMES B                113,600.00        1         1,245.55       113,546.28  
323-08  800897654  DIAMOND NEIL W               152,150.00        1         1,506.73       151,902.16  
323-08  800901936  RAMIREZ ANNA H                88,000.00        1           913.66        88,000.00  
323-08  800909079  MARTIN WAYNE                  70,550.00        1           619.13        70,518.92  
323-08  800918146  BEILSTEIN THOMAS E           151,300.00        1         1,600.10       151,219.95  
323-08  800921009  WILLIAMS MELVIN B            207,900.00        1         1,767.13       207,700.00  
323-08  800921272  GONZALEZ PABLO M             102,400.00        1         1,063.16       102,400.00  
323-08  800924136  CASTRO CARLOS R              160,200.00        1         1,361.68       160,045.90  
323-08  800925935  GOODNOUGH JEFFREY S          127,000.00        1         1,091.13       126,820.79  
323-08  800926016  SCOTT CLAUDETTE S             52,700.00        1           516.86        52,665.22  
323-08  800926313  AMAROSA LOUIS E              200,000.00        1         1,755.14       199,911.53  
323-08  800938078  CORNELL AMIR S               139,750.00        1         1,086.96       139,750.00  
323-08  800940959  EDMUNDS TERESA M             117,300.00        1           954.39       117,174.68  
323-08  800943235  SILLSBURY JAMES A            156,800.00        1         1,688.68       156,800.00  
323-08  800948804  MILLER PAUL L                157,250.00        1         1,379.98       157,250.00  
323-08  800949026  SAWYER REGINALD               89,010.00        1           830.89        88,976.49  
323-08  800950693  SASS WILLIAM                 111,500.00        1         1,082.96       111,500.00  
323-08  800951782  ASIELUE FIDELIS U            100,000.00        1         1,019.00        99,970.58  
323-08  800959710  BLAKE MILDRED M               99,900.00        1           777.01        99,722.68  
323-08  800963621  HINES MARK L                  67,500.00        1           531.02        67,422.05  
323-08  800966210  TIRONE JOSEPH                221,250.00        1         2,275.81       221,186.69  
323-08  800966608  DIBBELL BRUCE W               96,300.00        1           740.46        96,300.00  
323-08  800967663  DEFEO MARK                   184,000.00        1         1,857.31       183,944.36  
323-08  800970980  KREM DAVID P                 166,500.00        1         1,430.50       166,500.00  
323-08  800973489  STEVENSON STEVE               48,450.00        1           434.16        48,450.00  
323-08  800974891  SCHEPPARD BERNARD R           68,792.00        1           616.45        68,792.00  
323-08  800976250  MARTIN TIMOTHY L              96,300.00        1           809.75        96,252.63  
323-08  800977811  VEGLATTE JOHN F              110,500.00        1           959.52       110,500.00  
323-08  800979262  BLAIR VIRGINIA M              50,000.00        1           462.05        49,980.66  
323-08  800980708  CONNER DANA LYNN             112,200.00        1           872.69       112,067.02  
323-08  800984643  KING KIP L                   158,100.00        1         1,286.35       158,100.00  
323-08  800986382  VASQUEZ GINGER L             111,600.00        1           789.90       111,519.23  
323-08  800987166  VELASQUEZ JAMES R            106,250.00        1           835.87       106,127.29  
323-08  800988230  ORMISTON ANDREW E             79,900.00        1           814.18        79,900.00  
323-08  800990764  ROAZEN MATTHEW D             135,000.00        1         1,074.12       135,000.00  
323-08  800991853  FREED MAURICE D              170,000.00        1         1,651.14       169,942.61  
323-08  800992356  GAJEWSKI RICHARD A           130,000.00        1         1,128.85       130,000.00  
323-08  800993404  COLKITT JAMES G               75,600.00        1           705.71        75,571.54  
323-08  800995227  GROSSO GUY JR                114,300.00        1         1,024.24       114,252.07  
323-08  800996514  PADUANA MICHAEL A             53,550.00        1           515.03        53,531.42  
323-08  800996951  RUCKER MAYBELL                81,000.00        1           688.50        80,961.19  
323-08  800997041  HERMIZ FARID I               197,900.00        1         1,828.79       197,823.45  
323-08  800997272  TERPENING JOHN L              84,000.00        1           729.41        83,961.84  
323-08  800999047  ANDERSON SHERI T             193,500.00        1         1,271.16       193,500.00  
323-08  801004946  HERRIER RUTH ANN              69,000.00        1           555.19        68,924.34  
323-08  801005463  NARDONE ROBERT JOSEPH JR     100,000.00        1           795.64        99,943.94  
323-08  801005802  POLSON KRIS R                 91,000.00        1           849.47        90,965.74  
323-08  801007998  BACA DAVID W                 145,600.00        1         1,145.43       145,516.24  
323-08  801008137  PATO MARIE                   187,000.00        1         1,834.03       186,622.54  
323-08  801010117  BOSCO JAMES M JR              80,000.00        1           731.80        79,968.20  
323-08  801012170  CREEACH DONNA J               50,720.00        1           483.02        50,701.91  
323-08  801018912  SCALISE FRANCIS J            107,900.00        1           897.46       107,900.00  

<CAPTION>
           Original    Next      Current       Property
             LTV    Adjustment  Mortgage       Value at     Owner
Pool ID     Ratio      Date       Rate        Origination  Occupied
- -------------------------------------------------------------------
<S>          <C>     <C>         <C>           <C>            <C>
323-08       85.0    06/01/00    11.125        150,000.00     Y
323-08       60.0    06/01/00     9.375        200,000.00     Y
323-08       85.0    07/01/00    10.625        154,000.00     Y
323-08       75.0    06/01/00    11.125        118,000.00     Y
323-08       85.0    07/01/00     9.000        249,000.00     Y
323-08       80.0    07/01/00    12.875        142,000.00     Y
323-08       84.5    04/01/00    11.500        180,000.00     Y
323-08       80.0    10/01/00    12.125        110,000.00     Y
323-08       85.0    09/01/00    10.000         83,000.00     Y
323-08       85.0    09/01/00    12.375        178,000.00     Y
323-08       90.0    07/01/00     9.625        231,000.00     Y
323-08       80.0    09/01/00    12.125        128,000.00     Y
323-08       90.0    08/01/00     9.625        178,000.00     Y
323-08       84.9    07/01/00     9.750        149,500.00     Y
323-08       85.0    08/01/00    11.375         62,000.00     Y
323-08       74.9    09/01/00    10.000        267,000.00     Y
323-08       65.0    10/01/00     8.625        215,000.00     Y
323-08       85.0    09/01/00     9.125        138,000.00     Y
323-08       80.0    09/01/00    12.625        196,000.00     Y
323-08       85.0    09/01/00    10.000        185,000.00     Y
323-08       90.0    08/01/00    10.750         98,900.00     Y
323-08       70.5    10/01/00    11.250        158,000.00     Y
323-08       80.0    09/01/00    11.875        125,000.00     Y
323-08       90.0    08/01/00     8.625        111,000.00     Y
323-08       90.0    02/01/99     8.750         75,000.00     Y
323-08       75.0    03/01/99    12.000        295,000.00     Y
323-08       90.0    10/01/00     8.500        107,000.00     Y
323-08       80.0    08/01/00    11.750        230,000.00     Y
323-08       90.0    10/01/00     9.750        185,000.00     Y
323-08       85.0    10/01/00    10.250         57,000.00     Y
323-08       85.9    10/01/00    10.250         80,000.00     Y
323-08       90.0    09/01/00     9.500        107,000.00     Y
323-08       85.0    10/01/00     9.875        130,000.00     Y
323-08       66.6    09/01/00    10.625         75,000.00     Y
323-08       85.0    08/01/00     8.625        132,000.00     Y
323-08       85.0    09/01/00     9.125        186,000.00     Y
323-08       90.0    09/01/00     7.625        124,000.00     Y
323-08       85.0    08/01/00     8.750        125,000.00     Y
323-08       85.0    10/01/00    11.875         94,000.00     Y
323-08       85.9    09/01/00     8.875        157,000.00     Y
323-08       85.0    10/01/00    11.250        200,000.00     Y
323-08       73.2    09/01/00     9.875        177,500.00     Y
323-08       90.0    08/01/00    10.750         84,000.00     Y
323-08       90.0    08/01/00    10.250        127,000.00     Y
323-08       85.0    09/01/00    11.125         63,000.00     Y
323-08       46.8    09/01/00     9.625        173,000.00     Y
323-08       84.3    03/01/99    10.625        234,575.00     Y
323-08       80.0    09/01/00     9.875        105,000.00     Y
323-08       90.0    10/01/00     6.875        215,000.00     Y
323-08       80.2    08/01/00     9.000         86,000.00     Y
323-08       54.0    09/01/00     8.875        185,000.00     Y
323-08       80.0    09/01/00    10.750        113,750.00     Y
323-08       80.0    09/01/99     8.750        182,000.00     Y
323-08       83.1    04/01/00    11.375        225,000.00     Y
323-08       88.8    09/01/00    10.500         90,000.00     Y
323-08       80.0    09/01/00    11.000         63,400.00     Y
323-08       84.9    10/01/00     9.375        127,000.00     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Alliance Funding                              Sale Schedule B - Group 2, Sub-Pool III                   Page 2  10/28/98

A division of Superior Bank FSB    1998-3 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/28/98 8


                                                Principal     Type of     Scheduled     Cut-off Date   
                                                Balance at    Mortgaged    Payment       Principal     
Pool ID  Account      Name                      Origination   Property    Int & Prin      Balance      
- -------------------------------------------------------------------------------------------------------
<S>     <C>        <C>                          <C>               <C>       <C>            <C>         
323-08  801020389  SPEARMON KEVIN               132,000.00        1         1,257.07       132,000.00  
323-08  801020470  MAHONEY ROBERT               131,300.00        1         1,262.82       131,300.00  
323-08  801020710  ROSE-WILLIAM SYLVESTER       106,800.00        1         1,098.56       106,768.00  
323-08  801022070  BOYER TERRY D                143,500.00        1         1,517.61       143,462.23  
323-08  801023227  SMALDINO DONALD R             81,600.00        1           746.43        81,534.86  
323-08  801026105  ELLIOTT MATTHEW J            112,880.00        1         1,085.66       112,840.83  
323-08  801026303  RAMSEY BETH A                104,000.00        1         1,000.25       104,000.00  
323-08  801026956  WILLIAMS JOHN G              162,000.00        1         1,260.02       162,000.00  
323-08  801027293  METELLUS SYLVIO               93,750.00        1           814.08        93,750.00  
323-08  801029935  THOMPSON JOHN H               56,700.00        1           481.94        56,700.00  
323-08  801031782  CUCCIA GARY A                172,000.00        1         1,638.00       172,000.00  
323-08  801033697  OSBORNE JEFFREY K             46,000.00        1           451.15        45,969.64  
323-08  801033895  SCHRADER KEN M               180,000.00        1         1,563.03       180,000.00  
323-08  801034505  SMART DANIEL J SR            134,000.00        1         1,163.59       133,815.85  
323-08  801034588  DIAZ DALE T                  208,800.00        1         1,424.38       208,800.00  
323-08  801035510  MITROI GEORGE J              160,800.00        1         1,546.54       160,800.00  
323-08  801035817  SALEH AFRAH A                 89,200.00        1           733.83        89,200.00  
323-08  801035908  FORD JULIA L                  98,400.00        1           818.44        98,350.31  
323-08  801037169  JEAN ROBERT V                 54,900.00        1           491.96        54,900.00  
323-08  801037508  LYNCH GLENDA GAYLE           124,100.00        1           899.81       124,014.60  
323-08  801037698  HOUGH RONALD C                70,480.00        1           677.86        70,480.00  
323-08  801039272  ANDERSON FRANK RAYMOND       100,000.00        1           905.41       100,000.00  
323-08  801041260  HENNEQUIN MARK J              94,620.00        1           892.16        94,620.00  
323-08  801044520  PEACOCK BECKY S              139,500.00        1         1,224.21       139,500.00  
323-08  801045196  WATSON SANDRA L               95,000.00        1           807.49        94,954.49  
323-08  801046145  BERT CHRISTIAN P              84,000.00        1           855.96        84,000.00  
323-08  801049867  CASWELL JOSEPH                54,000.00        1           488.92        53,977.95  
323-08  801050501  RUSSELL PEGGIE ANN           202,300.00        1         1,907.47       202,300.00  
323-08  801050550  STATON-BREVA YVONNE O         96,000.00        1           950.68        96,000.00  
323-08  801051103  JONES DEBRA L                 89,250.00        1           718.13        89,250.00  
323-08  801051244  MCBRIDE TONY J               112,050.00        1           861.57       111,982.12  
323-08  801051400  BALASCO STEVEN C              85,000.00        1           809.48        84,939.10  
323-08  801051749  MERLINO ANGELO M             137,580.00        1         1,194.67       137,517.50  
323-08  801054420  IZZO RALPH                   165,000.00        1         1,555.77       164,939.54  
323-08  801054537  HART BRENDA                   61,200.00        1           520.19        61,200.00  
323-08  801054586  PHYSICIAN MICHAEL E          125,900.00        1         1,270.85       125,861.92  
323-08  801054826  BALOGH CHARLES E             200,500.00        1         1,871.64       200,424.51  
323-08  801055310  KLEIN MITCHELL S             183,750.00        1         1,698.03       183,750.00  
323-08  801055781  DAVISTON ANDREW L             56,000.00        1           614.01        56,000.00  
323-08  801056110  DEAL CHERYL L                 58,600.00        1           482.09        58,600.00  
323-08  801056797  KAUFMAN TH0MAS M              92,650.00        1           891.09        92,650.00  
323-08  801058496  CULP LLOYD B                 130,900.00        1           971.93       130,814.37  
323-08  801058645  MARSH JAMES H                 67,200.00        1           763.11        67,171.62  
323-08  801061854  HAWKINS LEROY                 87,550.00        1           752.19        87,550.00  
323-08  801062126  ARLINE SAMUEL                 74,375.00        1           639.00        74,375.00  
323-08  801064890  PELAEZ WINELLA P             220,500.00        1         1,914.71       220,399.82  
323-08  801065178  PROCTOR DORIS M               81,500.00        1           830.49        81,500.00  
323-08  801066143  FALLON LORA J                 76,700.00        1           840.97        76,663.72  
323-08  801066242  GRIFFIN JEFFREY R            100,800.00        1           775.06       100,800.00  
323-08  801066473  BRODICK PAUL                  87,500.00        1           634.44        87,439.78  
323-08  801068370  KIRKPATRICK DANIEL F          87,425.00        1           933.05        87,425.00  
323-08  801069451  HONIOUS TIMOTHY W             46,700.00        1           440.33        46,682.89  
323-08  801069873  SPENCER ELMA                 115,200.00        1           989.75       115,200.00  
323-08  801069899  VARGO LOUIS JR                68,000.00        1           498.96        68,000.00  
323-08  801070236  ALI ALI H                    100,000.00        1           795.65        99,943.93  
323-08  801070285  WILLIAMS PRISCILLA R         171,000.00        1         1,484.88       170,843.98  
323-08  801070491  MALDONADO GUSTAVO            161,550.00        1         1,462.69       161,484.04  

<CAPTION>
           Original    Next      Current       Property
             LTV    Adjustment  Mortgage       Value at     Owner
Pool ID     Ratio      Date       Rate        Origination  Occupied
- -------------------------------------------------------------------
<S>         <C>     <C>         <C>           <C>            <C>
323-08      80.0    04/01/99    11.000        165,000.00     Y
323-08      85.2    10/01/00    11.125        154,000.00     Y
323-08      80.0    09/01/00    12.000        133,500.00     Y
323-08      79.2    09/01/00    12.375        181,000.00     Y
323-08      80.0    03/01/99    10.500        102,000.00     Y
323-08      80.0    09/01/00    11.125        141,100.00     Y
323-08      80.0    10/01/00    11.125        130,000.00     Y
323-08      76.7    10/01/00     8.625        211,000.00     Y
323-08      75.0    10/01/00     9.875        125,000.00     Y
323-08      90.0    10/01/00     9.625         63,000.00     Y
323-08      80.0    10/01/00    11.000        215,000.00     Y
323-08      83.6    09/01/00    11.375         55,000.00     Y
323-08      90.0    09/01/00     9.875        200,000.00     Y
323-08      72.8    07/01/00     9.875        184,000.00     Y
323-08      80.0    10/01/00     7.250        261,000.00     Y
323-08      80.0    10/01/00    11.125        201,000.00     Y
323-08      84.9    10/01/00     9.250        105,000.00     Y
323-08      80.0    09/01/00     9.375        123,000.00     Y
323-08      90.0    10/01/00    10.250         61,000.00     Y
323-08      85.0    09/01/99     7.875        146,000.00     Y
323-08      80.0    10/01/00    11.125         88,100.00     Y
323-08      80.0    09/01/00    10.375        125,000.00     Y
323-08      83.0    10/01/00    10.875        114,000.00     Y
323-08      90.0    10/01/00    10.000        155,000.00     Y
323-08      86.3    09/01/00     9.625        110,000.00     Y
323-08      77.0    10/01/00    11.875        109,000.00     Y
323-08      32.7    09/01/00    10.375        165,000.00     Y
323-08      85.0    10/01/00    10.875        238,000.00     Y
323-08      80.0    04/01/99    11.500        120,000.00     Y
323-08      75.0    10/01/00     9.000        119,000.00     Y
323-08      90.0    09/01/00     8.500        124,500.00     Y
323-08      77.2    09/01/00    11.000        110,000.00     Y
323-08      85.9    09/01/00     9.875        160,000.00     Y
323-08      71.7    09/01/00    10.875        230,000.00     Y
323-08      90.0    10/01/00     9.625         68,000.00     Y
323-08      79.6    08/01/00    11.750        158,000.00     Y
323-08      74.5    09/01/00    10.750        269,000.00     N
323-08      75.0    10/01/00    10.625        245,000.00     Y
323-08      80.0    10/01/00    12.875         70,000.00     Y
323-08      84.9    03/01/99     9.250         69,000.00     Y
323-08      85.0    10/01/00    11.125        109,000.00     Y
323-08      85.0    09/01/00     8.125        154,000.00     Y
323-08      80.0    09/01/00    13.375         84,000.00     Y
323-08      85.0    10/01/00     9.750        103,000.00     Y
323-08      85.0    10/01/00     9.750         87,500.00     Y
323-08      75.0    09/01/00     9.875        294,000.00     Y
323-08      73.4    10/01/00    11.875        111,000.00     Y
323-08      65.0    09/01/00    12.875        118,000.00     Y
323-08      80.0    10/01/00     8.500        126,000.00     Y
323-08      65.2    09/01/00     7.875        134,000.00     Y
323-08      65.0    10/01/00    12.500        134,500.00     Y
323-08      71.8    10/01/00    10.875         65,000.00     Y
323-08      90.0    09/01/00     9.750        128,000.00     Y
323-08      80.0    10/01/00     8.000         85,000.00     Y
323-08      80.0    09/01/00     8.875        125,000.00     Y
323-08      90.0    10/01/00     9.875        190,000.00     Y
323-08      90.0    09/01/00    10.375        179,500.00     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Alliance Funding                              Sale Schedule B - Group 2, Sub-Pool III                   Page 3  10/28/98

A division of Superior Bank FSB    1998-3 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/28/98 8


                                                Principal     Type of     Scheduled     Cut-off Date   
                                                Balance at    Mortgaged    Payment       Principal     
Pool ID  Account      Name                      Origination   Property    Int & Prin      Balance      
- -------------------------------------------------------------------------------------------------------
<S>     <C>        <C>                          <C>               <C>       <C>            <C>         
323-08  801070509  MCCUTCHAN GARY W             159,800.00        1         1,214.59       159,800.00  
323-08  801071077  LUND DOUGLAS J               172,500.00        1         1,513.81       172,500.00  
323-08  801071721  SHIRAH SUSAN F                68,000.00        1           534.96        68,000.00  
323-08  801072232  RAMKHALAWAN SEEPERSAD        140,400.00        1         1,284.29       140,400.00  
323-08  801072539  BRAKE CHARLES A               95,550.00        1           803.44        95,550.00  
323-08  801072604  HOUDE MELISSA                 82,500.00        1           716.39        82,424.73  
323-08  801073057  WAGGONER ELBA RICHARD         80,100.00        1           658.97        80,058.47  
323-08  801074659  MURRAY MARK S                167,900.00        1         1,381.27       167,812.96  
323-08  801074808  VICENTE VERA                 203,150.00        1         1,839.33       203,150.00  
323-08  801075847  MAULBECK CARL                144,000.00        1         1,290.39       144,000.00  
323-08  801076043  GRAVELY VANESSA               55,250.00        1           495.10        55,250.00  
323-08  801078502  MOTLEY JESSIE                 80,000.00        1           799.87        79,975.13  
323-08  801078536  GUCA ANDY                    119,000.00        1         1,155.80       119,000.00  
323-08  801079096  MALDONADO ELIZABETH           48,875.00        1           442.52        48,855.05  
323-08  801079468  KUSHION TODD                 109,800.00        1           903.30       109,685.71  
323-08  801079583  TURNER TIMOTHY                68,800.00        1           603.77        68,738.87  
323-08  801080722  LONGFELLOW DOUGLAS R         113,800.00        1           709.96       113,694.60  
323-08  801081001  THOMPSON PAMELA               76,500.00        1           721.31        76,500.00  
323-08  801081035  TOMA MOUWAFAK                130,000.00        1           988.09       130,000.00  
323-08  801082124  DOLIN KATHLEEN M             122,000.00        1           842.62       121,907.17  
323-08  801082538  JOYNER MARY L                 80,600.00        1           829.07        80,600.00  
323-08  801082918  SMITH EDWARD                  69,600.00        1           709.22        69,600.00  
323-08  801083270  AQIL CHERYL L                 99,000.00        1           905.59        99,000.00  
323-08  801083296  MOSKAL JOHN R                101,600.00        1         1,133.83       101,577.42  
323-08  801083387  BUSBY JEFFREY A               53,600.00        1           393.30        53,564.03  
323-08  801083627  SHUNK CHRISTOPHE D            89,100.00        1           757.34        89,057.32  
323-08  801083692  MARROW WILBERT ANTHONY        85,500.00        1           711.15        85,500.00  
323-08  801084062  VAN VINH THE                 128,700.00        1         1,093.94       128,700.00  
323-08  801084245  VIGIL ARTHUR T                89,500.00        1           810.34        89,500.00  
323-08  801084369  KHLAIF AHMED                  76,000.00        1           659.95        75,965.47  
323-08  801084419  FIELDING WILLIAM             117,600.00        1         1,175.81       117,600.00  
323-08  801084625  DELAROSA JOSE A              150,000.00        1         1,193.47       150,000.00  
323-08  801085283  NEASE JOHN D                  96,000.00        1           978.24        96,000.00  
323-08  801087040  THOMAS DONALD S               61,400.00        1           649.35        61,400.00  
323-08  801087339  FUGILL KENNETH J             114,200.00        1         1,066.04       114,123.04  
323-08  801087669  STONEY KELLY J                79,475.00        1           668.27        79,475.00  
323-08  801089491  EASTEP RICHARD ALLEN         142,200.00        1         1,208.68       142,200.00  
323-08  801090259  GOSHERT CORY L               135,200.00        1         1,100.03       129,699.85  
323-08  801091687  LEFOU CAROL ANN              110,000.00        1           807.14       110,000.00  
323-08  801091851  ELDER MAE GWENDOLYN           88,000.00        1           913.65        87,637.86  
323-08  801091968  THUMMINGS YVONNE             104,500.00        1         1,145.78       104,500.00  
323-08  801092297  LEASHORE BERNICE              79,600.00        1           811.12        79,600.00  
323-08  801093170  DUCKWORTH DAVID W            102,000.00        1           923.51       102,000.00  
323-08  801094319  GALLAGHER RONALD H           117,300.00        1           954.39       117,237.58  
323-08  801095654  CLARK JAN E                  132,600.00        1         1,078.88       132,529.43  
323-08  801096090  MUELLER ROBERT J SR          155,900.00        1         1,663.86       155,860.10  
323-08  801096488  HINES STEPHEN                108,250.00        1           861.29       108,189.31  
323-08  801098310  SCHEINER MICHAEL             130,000.00        1         1,324.70       130,000.00  
323-08  801102146  CARTAGENA GENARO             141,300.00        1         1,292.53       141,243.85  
323-08  801102252  KARPIEL PIOTR ADAM           191,250.00        1         1,453.64       191,250.00  
323-08  801102294  TAYLOR TINA                   66,300.00        1           594.11        66,300.00  
323-08  801102591  SARGENT KENNETH L            107,000.00        1           851.34       107,000.00  
323-08  801102765  DAVIS SHERRY L                66,200.00        1           568.76        66,200.00  
323-08  801104043  CONNERS ANN                  220,000.00        1         2,136.78       220,000.00  
323-08  801104167  WILLIAMS GREGORY L           129,000.00        1         1,026.38       129,000.00  
323-08  801104514  VANCE WILLIAM J               86,700.00        1           809.33        86,700.00  
323-08  801106915  SMITH CHRISTOPHE D            56,000.00        1           624.95        55,987.55  

<CAPTION>
           Original    Next      Current       Property
             LTV    Adjustment  Mortgage       Value at     Owner
Pool ID     Ratio      Date       Rate        Origination  Occupied
- -------------------------------------------------------------------
<S>         <C>     <C>         <C>           <C>            <C>
323-08      85.0    10/01/00     8.375        188,000.00     Y
323-08      75.0    10/01/00    10.000        230,000.00     Y
323-08      80.0    10/01/00     8.750         85,000.00     Y
323-08      90.0    09/01/00    10.500        156,000.00     Y
323-08      70.0    04/01/99     9.500        136,500.00     Y
323-08      58.9    08/01/00     9.875        140,000.00     Y
323-08      90.0    09/01/00     9.250         89,000.00     Y
323-08      84.9    09/01/00     9.250        197,539.00     Y
323-08      85.0    10/01/00    10.375        239,000.00     Y
323-08      90.0    10/01/00    10.250        160,000.00     Y
323-08      85.0    10/01/00    10.250         65,000.00     Y
323-08      66.6    10/01/00    11.625        120,000.00     Y
323-08      85.0    09/01/00    11.250        140,000.00     Y
323-08      85.0    10/01/00    10.375         57,500.00     Y
323-08      90.0    09/01/00     9.250        122,000.00     Y
323-08      84.9    10/01/00    10.000         81,000.00     Y
323-08      84.2    09/01/99     6.375        135,000.00     Y
323-08      90.0    10/01/00    10.875         85,000.00     Y
323-08      83.8    10/01/00     8.375        155,000.00     Y
323-08      48.2    10/01/00     7.375        253,000.00     Y
323-08      62.4    04/01/99    12.000        129,000.00     Y
323-08      80.0    10/01/00    11.875         87,000.00     Y
323-08      90.0    09/01/00    10.500        110,000.00     Y
323-08      80.0    09/01/00    13.125        127,000.00     Y
323-08      80.0    10/01/00     8.000         67,000.00     Y
323-08      90.0    10/01/00     9.625         99,000.00     Y
323-08      90.0    10/01/00     9.375         95,000.00     Y
323-08      90.0    10/01/00     9.625        143,000.00     Y
323-08      81.3    10/01/00    10.375        110,000.00     Y
323-08      80.0    09/01/00     9.875         95,000.00     Y
323-08      80.0    10/01/00    11.625        147,000.00     Y
323-08      73.8    10/01/00     8.875        203,000.00     Y
323-08      80.0    10/01/00    11.875        120,000.00     Y
323-08      78.7    10/01/00    12.375         78,000.00     Y
323-08      89.9    09/01/00    10.750        126,900.00     Y
323-08      85.0    10/01/00     9.500         93,500.00     Y
323-08      90.0    10/01/00     9.625        158,000.00     Y
323-08      80.0    10/01/00     9.125        169,000.00     Y
323-08      81.4    04/01/99     8.000        135,000.00     Y
323-08      80.0    10/01/00    12.125        110,000.00     Y
323-08      58.0    10/01/00    12.875        180,000.00     Y
323-08      79.9    10/01/00    11.875         99,600.00     Y
323-08      85.0    10/01/00    10.375        120,000.00     Y
323-08      85.0    09/01/00     9.125        138,000.00     Y
323-08      85.0    09/01/00     9.125        156,000.00     Y
323-08      77.9    09/01/00    12.500        200,000.00     Y
323-08      75.9    09/01/00     8.875        142,500.00     Y
323-08      80.2    04/01/99    11.875        162,000.00     Y
323-08      90.0    10/01/00    10.500        157,000.00     Y
323-08      85.0    10/01/00     8.375        225,000.00     Y
323-08      85.0    10/01/00    10.250         78,000.00     Y
323-08      74.3    10/01/00     8.875        144,000.00     Y
323-08      82.7    10/01/00     9.750         80,000.00     Y
323-08      80.0    04/01/99    11.250        275,000.00     Y
323-08      83.7    10/01/00     8.875        154,000.00     Y
323-08      85.0    10/01/00    10.750        102,000.00     Y
323-08      80.0    10/01/00    13.125         70,000.00     Y
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
Alliance Funding                              Sale Schedule B - Group 2, Sub-Pool III                   Page 4  10/28/98

A division of Superior Bank FSB    1998-3 - 2nd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 10/28/98 8


                                                Principal     Type of     Scheduled     Cut-off Date   
                                                Balance at    Mortgaged    Payment       Principal     
Pool ID  Account      Name                      Origination   Property    Int & Prin      Balance      
- -------------------------------------------------------------------------------------------------------
<S>     <C>        <C>                          <C>               <C>       <C>            <C>         
323-08  801107764  BURKMAN PAUL H               133,450.00        1         1,283.50       133,450.00  
323-08  801108051  PAVLAT MICHAEL J             155,000.00        1         1,317.48       155,000.00  
323-08  801109158  BETANCOURT JOSE              171,000.00        1         1,422.29       171,000.00  
323-08  801109257  JAMES BERNICE                 98,600.00        1           883.56        98,600.00  
323-08  801109661  CRUMP DAVID W                157,400.00        1         1,395.86       157,400.00  
323-08  801110222  SHOHOUDY AHMAD                72,000.00        1           638.51        71,968.99  
323-08  801110974  GARDNER MARSHALL M           172,250.00        1         1,479.89       172,250.00  
323-08  801111493  MATHIS DONNA M               112,500.00        1           956.24       112,500.00  
323-08  801113069  ADAMAITIS JAMES E            126,000.00        1         1,176.19       123,863.85  
323-08  801114364  MURPHY PATRICK R             119,000.00        1         1,066.36       118,899.77  
323-08  801116252  BURKHARDT ERNEST T            89,600.00        1           861.76        89,568.91  
323-08  801116898  LEGANO DEBRA                 210,000.00        1         1,727.62       208,832.71  
323-08  801118126  KAZOO LAETH                  121,500.00        1         1,111.41       121,500.00  
323-08  801118142  GANGLOFF SHAWN               150,750.00        1         1,226.55       150,750.00  
323-08  801118191  APP CYNTHIA V                109,565.00        1           992.01       109,565.00  
323-08  801120312  STEVENS TED A                197,593.00        1         1,734.02       197,593.00  
323-08  801120551  CONNOLLY JOHN                173,700.00        1         1,184.94       173,700.00  
323-08  801123696  ROLLINS CLARK                141,600.00        1         1,076.26       141,600.00  
323-08  801123795  WILSON FAITH                 110,551.00        1         1,212.12       110,551.00  
323-08  801130824  KILBURN JAMES SCOTT          100,000.00        1           699.21       100,000.00  
323-08  801159096  OWENS CORRY R                 94,000.00        1           714.47        94,000.00  
        --------------------------------------------------                ---------------------------  
              192  Sale Total                22,207,741.00                196,999.18    22,191,591.55  

323-09  800938086  OWENS ROGER W                128,000.00        1         1,053.02       127,866.79  
323-09  801050667  GOODNOUGH EDWARD H           157,050.00        1         1,235.51       157,050.00  
        --------------------------------------------------                ---------------------------  
                2  Sale Total                   285,050.00                  2,288.53       284,916.79  

              194  Grand Total Sub-Pool III  22,492,791.00                199,287.71    22,476,508.34  

<CAPTION>
           Original    Next      Current       Property
             LTV    Adjustment  Mortgage       Value at     Owner
Pool ID     Ratio      Date       Rate        Origination  Occupied
- -------------------------------------------------------------------
<S>        <C>     <C>         <C>           <C>            <C>
323-08     85.0    10/01/00    11.125        157,000.00     Y
323-08     88.5    10/01/00     9.625        175,000.00     Y
323-08     75.0    10/01/00     9.375        228,000.00     N
323-08     85.0    10/01/00    10.250        116,000.00     Y
323-08     89.9    10/01/00    10.125        174,900.00     Y
323-08     90.0    09/01/00    10.125         80,000.00     Y
323-08     66.2    10/01/00     9.750        260,000.00     Y
323-08     90.0    10/01/00     9.625        125,000.00     Y
323-08     90.0    10/01/00    10.750        140,000.00     Y
323-08     85.0    10/01/00    10.250        140,000.00     Y
323-08     80.0    09/01/00    11.125        112,000.00     Y
323-08     73.6    05/01/00     9.250        285,000.00     Y
323-08     89.6    10/01/00    10.500        135,500.00     Y
323-08     90.0    10/01/00     9.125        167,500.00     Y
323-08     85.0    10/01/00    10.375        128,900.00     Y
323-08     80.0    10/01/00    10.000        246,992.00     Y
323-08     90.0    10/01/00     7.250        193,000.00     Y
323-08     80.0    10/01/00     8.375        177,000.00     Y
323-08     80.9    10/01/00    12.875        136,500.00     Y
323-08     80.0    10/01/00     7.500        125,000.00     Y
323-08     78.3    10/01/00     8.375        120,000.00     Y
           ----                ------------------------
           81.5                10.107     27,590,656.00

323-09     52.8    08/01/00     9.250        242,000.00     Y
323-09     90.0    10/01/00     8.750        174,500.00     Y
           ----                ------------------------
           73.3                 8.974        416,500.00

           81.4                10.092     28,007,156.00
</TABLE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission