SUPERIOR BANK FSB
8-K, 1998-12-08
ASSET-BACKED SECURITIES
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                       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) November 24, 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.

     On November 24, 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 $31,624,417.84 with respect to Sub-Pool II
with funds on deposit in the Sub-Pool II Pre-Funding Account, and $29,809,914.58
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 November 24,
1998, between the Depositor and the Trustee (the "November 24 Instrument").
Attached to the November 24 Instrument are the


                                        2

<PAGE>





Mortgage Loan  Schedules with respect to Group 1 and Group 2 listing the related
Subsequent Mortgage Loans that are the subject of such November 24 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

           (c)      Exhibits

           4.1 Subsequent Transfer Instrument, dated November 24, 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: November 24, 1998



<PAGE>





                                  EXHIBIT INDEX



                                  Description
                                  -----------


     Exhibit No. 4.1 Subsequent Transfer Instrument, dated November 24, 1998,
between Superior Bank FSB, as Depositor and LaSalle National Bank, as Trustee.






                                                                     EXHIBIT 4.1




                         SUBSEQUENT TRANSFER INSTRUMENT

     Pursuant to this Subsequent Transfer Instrument (the "Instrument"), dated
November 24, 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


                                       

<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>

<TABLE>
<CAPTION>


           AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-3
                       ATTACHMENT A TO SUBSEQUENT TRANSFER
                             INSTRUMENT FOR GROUP 1
                                  Series 1998-3
                                November 24, 1998
<S>      <C>      <C>                                                                <C> 
A.

         1.       Subsequent Cut-off Date:                                           November 23, 1998
         2.       Pricing Date:
         3.       Subsequent Transfer Date:                                          November 24, 1998
         4.       Aggregate Principal Balance of the Subsequent
                  Mortgage Loans as of the Subsequent Cut-off Date:                  $31,624,417.84
         5.       Purchase Price:                                                          100.00%
         6.       Amount for deposit into the Group 1 Interest Coverage Account          $3,597.31

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:                                   60 months
         3.       Longest original term to maturity:                                    360 months
         4.       Lowest Mortgage Rate:                                  SP I: %        SP II: 6.90%
         5.       Greatest Combined Loan-to-Value Ratio:                                90.00 %
         6.       Weighted Average Term since origination (A):                          0.23 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>

<TABLE>
<CAPTION>


           AFC MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 1998-3
                       ATTACHMENT A TO SUBSEQUENT TRANSFER
                             INSTRUMENT FOR GROUP 2
                                  Series 1998-3
                                November 24, 1998

<S>      <C>      <C>                                                                  <C> 
A.

         1.       Subsequent Cut-off Date:                                              November 23, 1998
         2.       Pricing Date:
         3.       Subsequent Transfer Date:                                             November 24, 1998
         4.       Aggregate Principal Balance of the Subsequent
                  Mortgage Loans as of the Subsequent Cut-off Date:                     $29,809,914.58
         5.       Purchase Price:                                                       100.00%
         6.       Amount for deposit into the Group 2 Interest Coverage Account         $21,803.62

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:                                   180 months
         3.       Longest original term to maturity:                                    360 months
         4.       Minimum Gross Margin:                                                 4.25 %
         5.       Greatest LTV Ratio:                                                   90.00 %
         6.       Maximum Mortgage Rate:                                                19.125 %
         7.       Weighted Average Term since origination: (A)                          .45 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>
<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 1
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98

                                                                                                                       Principal   
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
 <S>        <C>            <C>                        <C>                        <C>              <C>     <C>         <C>
 23710      800882565      SPELLS LENWOOD             1226 THURSTON DRIVE        WILSON           NC      27893       51,440.00   
 23710      800928210      ROBERTSON GAILLE ANNMARIE  714 COLORADO BOULEVARD     IDAHO SPRIN      CO      80452       25,000.00   
 23710      800963977      FRANKLIN TERRY A           209 MASON STREET           GREER            SC      29651       36,000.00   
 23710      800980112      LANSDOWNE PAULETTE L       888 KLEM ROAD              WEBSTER          NY      14580       61,000.00   
 23710      800987547      O BRIEN NANCY J            2333 16TH STREET           TROY             NY      12180       54,000.00   
 23710      800993701      WILLIAMS BRIAN E           628 CHENANGO STREET        BINGHAMTON       NY      13901       44,900.00   
 23710      800997793      THORNE GEORGE T            409 W SCHOOL HOUSE LANE    PHILADELPHI      PA      19144       74,000.00   
 23710      801000084      YOO JONG CHUL              25 TUSCALA STREET          SELDEN           NY      11784       60,000.00   
 23710      801007105      FURY SANDRA                22400 BRISTER ROAD         COOLVILLE        OH      45723       63,000.00   
 23710      801011834      ROBINSON SHARON            3125 JASPER STREET         PHILADELPHI      PA      19134       32,400.00   
 23710      801013244      HARWARD RUSSELL V          2391 EAST SUMMER OAK CIRCL SANDY            UT      84092       30,000.00   
 23710      801019084      05081 VENAS                583 NEW YORK AVENUE        BROOKLYN         NY      11225       40,000.00   
 23710      801025032      POWERS HAROLD WAYNE        450 STATE ROUTE 1403       LEWISPORT        KY      42351      162,900.00   
 23710      801029794      SEMKE EDWARD               26 NORTH WASHINGTON AVENUE CENTEREACH       NY      11720       32,800.00   
 23710      801043720      WILSON LORRAINE V          815 NORTH GILMOR STREET    BALTIMORE        MD      21217       60,800.00   
 23710      801045469      PERRY GORDON A             7717 NORTH BUCKBOARD DRIVE PARK CITY        UT      84098       45,800.00   
 23710      801046657      DELP NEIL D                124 WOODBINE AVENUE        WESTFIELD        PA      16950       34,400.00   
 23710      801051772      THOREN LELAND R            14606 154TH ST E           ORTING           WA      98360       45,000.00   
 23710      801054966      DIMICELLI FRANK            10235 S STREET HIGHWAY 123 SEGUIN           TX      78155      166,350.00   
 23710      801057936      BLICKLEY PETER S           50 SICKLETOWN ROAD         ORANGETOWN       NY      10962       60,000.00   
 23710      801059858      SARR IVA PAULINE           544 N PAMPAS AVENUE        RIALTO           CA      92376       15,000.00   
 23710      801064734      ROBINETTE WALTER P         5734 LOCKBOURNE ROAD       LOCKBOURNE       OH      43137      124,684.00   
 23710      801069071      STALEY FRED WEST           16 N 27TH STREET           CAMP HILL        PA      17011       98,625.00   
 23710      801071937      WILLIAMS ERNESTINE         2165 BAKER ST              GARY             IN      46404       27,200.00   
 23710      801072901      WALKER ROBERT              49 BOB ANN DRIVE           NESCONSET        NY      11767       60,000.00   
 23710      801075649      BLAKE SCOTT A              103 ENGLEWOOD DRIVE        INMAN            SC      29349       54,000.00   
 23710      801075904      GORNEY FRANCIS J           1919 LAKEVIEW ROAD         WILMINGTON       DE      19805       42,200.00   
 23710      801080649      OWENS JOHN                 3009 REIFSNYDER ROAD       GILBERTSVIL      PA      19525       39,600.00   
 23710      801080730      POOLE WILLIAM V            9708 WILLIAMSBURG CT       UPPER MARLB      MD      20772      143,100.00   
 23710      801087842      DIWAN KAMAL                863 MC HENRY RD C          WHEELING         IL      60090       12,000.00   
 23710      801089848      LAVERGNE BARBARA J         155 KIDDER STREET          WILKES-BARR      PA      18702       36,445.00   
 23710      801092453      WEAVER CHARLES E           7833 COLONIAL DRIVE        NIAGARA FAL      NY      14304       62,900.00   
 23710      801095134      THUMSER POLLY B            2641 WINDING LANE          ATLANTA          GA      30319       76,000.00   
 23710      801097551      VANDEBERG SUSAN L          725 WEST SPRING STREET     WAUPUN           WI      53963       30,000.00   
 23710      801098328      SAAFIR CONSTANCE D         511 LINWOOD AVENUE         DURHAM           NC      27701       40,700.00   
 23710      801100694      ANDERSON CHRISTOPHE D      8167 SOUTH DOWNING STREET  LITTLETON        CO      80122      162,580.00   
 23710      801101106      EDWARDS MARIA C            113 BELLTOWN TERRACE       BEAR             DE      19701       12,600.00   
 23710      801101221      LINDEN PAUL                229 GARFIELD AVENUE        NORWOOD          PA      19074       53,200.00   
 23710      801102609      SATTOF DAVID S             2635 BLYTHEBURN ROAD       MOUNTAINTOP      PA      18707       93,925.00   
 23710      801105081      HENDRIX FRANCIS L          1733 COLE STREET           BALTIMORE        MD      21223       43,200.00   
 23710      801110099      BRITTINGHAM JOHN S         937 BEATTY STREET          TRENTON          NJ      08611       21,750.00   
 23710      801111394      HICKEY STEVEN P            16 HARRISON AVENUE         SALISBURY        MA      01952       53,000.00   
 23710      801112970      CHIANG CHIN WON            1519 GROMMON ROAD          NAPERVILLE       IL      60564       50,000.00   
 23710      801115908      DORFFELD ROBERT            1205 W R DRIVE             KNIGHTDALE       NC      27545       42,500.00   
 23710      801115924      HYDE ERROL                 1653 TOPPING AVENUE        BRONX            NY      10457      165,750.00   
 23710      801115981      DITULLIO ALGORE            953 MASON AVE STREET       DARBY            PA      19026       31,875.00   
 23710      801116377      DITULLIO ALGORE            1054 HOPKINS AVENUE        GLENOLDEN        PA      19036       48,750.00   
 23710      801116385      DITULLIO ALGORE            1824 SOUTH 65TH STREET     PHILADELPHI      PA      19142       35,250.00   
 23710      801121732      ROBINSON ERIC W            2283 NORTHPARK STREET      THOUSAND OA      CA      91362       55,360.00   
 23710      801122110      PIORKOWSKI STEPHEN         235 BAYVIEW AVENUE         MASSAPEQUA       NY      11758       35,000.00   
 23710      801122185      GARDNER ERNEST R           1151 WEST 2600 NORTH       CLINTON          UT      84015       21,000.00   
 23710      801124181      TURLEY ROBERT              8713 SOUTH MCGINNIS LANE   WEST JORDAN      UT      84088       48,350.00   
 23710      801125246      COMER CHARLES D            220 AVENUE A NORTHEAST     WINTER HAVE      FL      33881       42,400.00   
 23710      801125261      DOUGLASS SCOTT ELI         9 WEST CENTER              HYDE PARK        UT      84318       66,500.00   
 23710      801126814      CARO EDGARD H.             1109 CALVIN AVENUE         LEHIGH ACRE      FL      33936       12,000.00   
 23710      801127291      TAYLOR LYNN                318 SUNSET DRIVE NORTH     DOVER TOWNS      NJ      08751      119,780.00   
 23710      801127416      LAMBROS MELINDA            2460 SOUTH 7TH ST          ANN ARBOR        MI      48103      181,000.00   
 23710      801129537      BUSTIN CHARLES F           204 PEACOCK DRIVE          LARKSVILLE       PA      18704      106,050.00   
 23710      801129610      DEFELICE WILLIAM E         RD 6 BOX 85                PUNXSUTAWNE      PA      15762       22,500.00   
 23710      801129743      HAESSLY CRAIG              726 LINCOLN WAY W          MASSILON         OH      44647       52,000.00   
 23710      801130071      COUNCIL CHARLES            1317 WEST ELEANOR STREET   PHILADELPHI      PA      19141       26,000.00   

<CAPTION>


               Cut-off Date   First                                                  Original     Current   Scheduled
                Principal    Payment        Maturity      Rem           Date           LTV       Mortgage    Payment
 Account         Balance      Date            Date        Term          Due           Ratio        Rate     Int & Prin
- ----------------------------------------------------------------------------------------------------------------------
 <S>            <C>          <C>            <C>           <C>          <C>             <C>        <C>         <C>
 800882565      51,440.00    08/01/98       07/01/18      236.00       11/01/98        80.0       13.900      635.94
 800928210      24,919.36    08/01/98       07/01/13      176.00       11/01/98        74.5       14.300      337.99
 800963977      35,976.63    09/11/98       08/11/28      357.30       11/11/98        90.0       11.450      355.14
 800980112      60,932.73    10/01/98       09/01/18      238.00       11/01/98        88.2       11.350      644.23
 800987547      53,586.03    10/08/98       09/08/08      118.22       12/08/98        85.0       12.650      795.17
 800993701      44,900.00    11/21/98       10/21/13      179.64       11/21/98        80.9       12.550      480.95
 800997793      73,972.14    10/01/98       09/01/13      178.00       12/01/98        80.0       10.750      690.78
 801000084      59,983.40    09/19/98       08/19/13      177.57       11/19/98        84.4       12.150      624.10
 801007105      62,676.07    12/01/98       11/01/28      360.00       01/01/99        90.0       11.400      619.08
 801011834      32,325.35    09/26/98       08/26/13      177.80       11/26/98        90.0       10.500      358.15
 801013244      30,000.00    10/01/98       09/01/13      178.00       12/01/98        82.9       11.200      344.76
 801019084      39,992.55    10/09/98       09/09/13      178.26       11/09/98        76.3       13.900      470.78
 801025032     162,900.00    12/01/98       11/01/13      180.00       12/01/98        90.0        8.000    1,195.30
 801029794      32,800.00    10/24/98       09/24/13      178.75       11/24/98        89.9       10.850      369.72
 801043720      60,765.02    10/14/98       09/14/13      178.42       11/14/98        80.0        8.750      478.31
 801045469      45,800.00    10/01/98       09/01/13      178.00       12/01/98        85.0       13.150      512.01
 801046657      34,373.13    10/09/98       09/09/28      358.26       12/09/98        80.0        9.750      295.55
 801051772      45,000.00    01/01/99       12/01/13      181.00       01/01/99        77.2       12.450      553.17
 801054966     165,020.42    11/01/98       10/01/28      359.00       12/01/98        73.6        6.900    1,095.58
 801057936      60,000.00    11/09/98       10/09/13      179.24       12/09/98        79.4       13.550      689.61
 801059858      15,000.00    10/09/98       09/09/13      178.26       11/09/98        34.4        9.300      154.83
 801064734     124,684.00    11/01/98       10/01/28      359.00       11/01/98        85.9       12.050    1,287.32
 801069071      98,593.83    10/16/98       09/16/13      178.49       11/16/98        77.3       11.550      980.44
 801071937      27,200.00    12/01/98       11/01/28      360.00       12/01/98        85.0       12.400      288.19
 801072901      60,000.00    11/15/98       10/15/18      239.44       12/15/98        79.9       14.250      757.03
 801075649      54,000.00    11/01/98       10/01/13      179.00       11/01/98        88.7       11.350      528.59
 801075904      42,200.00    11/16/98       10/16/13      179.47       11/16/98        65.9       11.400      490.30
 801080649      39,600.00    11/01/98       10/01/13      179.00       12/01/98        89.9       11.200      455.08
 801080730     143,051.16    10/15/98       09/15/13      178.45       12/15/98        90.0       11.200    1,384.44
 801087842      11,996.79    10/17/98       09/17/13      178.52       11/17/98        85.6       12.300      126.21
 801089848      36,445.00    11/02/98       10/02/13      179.01       12/02/98        80.9       10.550      334.74
 801092453      62,900.00    12/01/98       11/01/28      360.00       12/01/98        77.6        9.400      524.31
 801095134      76,000.00    10/25/98       09/25/13      178.78       10/25/98        70.8       11.050      726.64
 801097551      29,948.00    10/04/98       09/04/13      178.09       12/04/98        82.7       13.500      389.50
 801098328      40,700.00    10/15/98       09/15/13      178.45       11/15/98        61.6       11.750      410.83
 801100694     162,580.00    12/03/98       11/03/28      360.07       12/03/98        88.3        9.125    1,322.80
 801101106      12,592.03    11/01/98       10/01/13      179.00       12/01/98        85.0       12.100      152.03
 801101221      53,200.00    10/01/98       09/01/13      178.00       11/01/98        79.7       13.000      588.50
 801102609      93,925.00    12/05/98       11/05/28      360.13       12/05/98        85.0        8.500      722.20
 801105081      43,182.83    10/09/98       09/09/13      178.26       12/09/98        90.0       10.500      395.17
 801110099      21,750.00    12/01/98       11/01/13      180.00       12/01/98        75.0       10.900      245.85
 801111394      53,000.00    12/01/98       11/01/28      360.00       12/01/98        85.9       11.900      541.09
 801112970      50,000.00    12/04/98       11/04/18      240.10       12/04/98        59.0       10.100      485.83
 801115908      42,500.00    12/04/98       11/04/13      180.10       12/04/98        85.0       12.100      512.81
 801115924     165,704.13    09/28/98       08/28/13      177.86       11/28/98        85.0       12.150    1,724.09
 801115981      31,863.51    10/04/98       09/04/28      358.09       12/04/98        75.0       10.950      302.35
 801116377      48,732.42    10/04/98       09/04/28      358.09       12/04/98        75.0       10.950      462.42
 801116385      35,237.30    10/04/98       09/04/28      358.09       12/04/98        75.0       10.950      334.36
 801121732      55,360.00    01/01/99       12/01/13      181.00       01/01/99        84.9       11.100      632.70
 801122110      34,813.40    11/05/98       10/05/08      119.11       12/05/98        86.8       11.300      488.09
 801122185      21,000.00    12/01/98       11/01/13      180.00       12/01/98        84.8       13.150      234.77
 801124181      48,350.00    01/01/99       12/01/18      241.00       01/01/99        84.9       11.250      507.32
 801125246      42,400.00    11/05/98       10/05/28      359.11       11/05/98        80.0       13.400      482.32
 801125261      66,461.49    11/01/98       10/01/18      239.00       12/01/98        70.0       10.125      647.26
 801126814      12,000.00    12/09/98       11/09/13      180.26       12/09/98        79.4       11.700      141.71
 801127291     119,691.75    11/14/98       10/14/13      179.41       12/14/98        79.9       12.750    1,301.64
 801127416     181,000.00    12/02/98       11/02/13      180.03       12/02/98        74.7       10.650    1,676.01
 801129537     106,050.00    12/09/98       11/09/28      360.26       12/09/98        70.0       10.000      930.66
 801129610      22,500.00    12/06/98       11/06/13      180.16       12/06/98        75.0       12.750      280.99
 801129743      52,000.00    12/04/98       11/04/18      240.10       12/04/98        80.0        8.250      443.07
 801130071      26,000.00    11/01/98       10/01/13      179.00       12/01/98        56.5       13.100      289.65
</TABLE>

<PAGE>
<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 2
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98

                                                                                                                       Principal   
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
  <S>        <C>            <C>                        <C>                        <C>              <C>     <C>           <C>
 23710      801130170      SCHOTT DEREK W              563 CATSKILL DRIVE         PITTSBURGH       PA      15239          46,400.00
 23710      801130329      MONTGOMERY CLARENCE NATHA   RT 1 BOX 177A              LAUREL FORK      VA      24352          56,000.00
 23710      801131970      BULLOCK CHARLES A III       7026 FARRINGTON FARMS DR   WILMINGTON       NC      28405         121,450.00
 23710      801131988      WARHURST MARK L             6915 EAST VALVERDE STREET  IDAHO FALLS      ID      83401          20,100.00
 23710      801132895      HAWKINS ANN L               1021 NORTHEAST 4TH STREET  CAPE CORAL       FL      33909          31,000.00
 23710      801135021      GIRON RODOLFO R             84 86 LINWOOD AVENUE       PROVIDENCE       RI      02905          67,500.00
 23710      801136086      WATSON CURTIS               205 KEEHNER AVENUE         ROSEVILLE        CA      95678          36,500.00
 23710      801137258      CHAMBERS SAMUEL T           2421 ARBOUR TRACE VISTA    SUWANEE          GA      30024          26,000.00
 23710      801138140      BARNEY JOEL B               331 EAST 300 NORTH         ALPINE           UT      84004          28,950.00
 23710      801141565      DAYE CHARLENE               404 OLD OXFORD HIGHWAY     DURHAM           NC      27704          52,500.00
 23710      801141748      MASKO SHARON                634 MORGAN STREET          DICKSON CIT      PA      18519          83,700.00
 23710      801142274      DAVIN DOROTHY               176 DAHLIA DRIVE           MASTIC BCH       NY      11951          57,014.00
 23710      801144064      STIFFLER GARY L JR          438 EARL AVENUE            NEW KENSING      PA      15068          26,000.00
 23710      801144445      BETHEA VERNIE LEE           1336 HANOVER RD            HANOVER          MD      21076         103,000.00
 23710      801144817      LECLAIR BARRY F             714 INDIANA AVENUE WEST    TAMPA            FL      33603          12,276.00
 23710      801145475      JACOX NAVANISKA E           3522 LYNDALE AVENUE        MINNEAPOLIS      MN      55411          56,000.00
 23710      801145871      HARVELL ERNEST L            10537 TULSA ROAD           JACKSONVILL      FL      32218          18,407.00
 23710      801146499      HILL DAVID E                3422 E 125TH               CLEVELAND        OH      44120          60,000.00
 23710      801146739      HANNAN JOHN D JR            4426 PINE STREET           PHILADELPHI      PA      19104         121,950.00
 23710      801148396      HILL DAVID                  926 WHEELOCK RD            CLEVELAND        OH      44106          56,000.00
 23710      801150152      HUNTER ROY L                1557 WOODCREST DRIVE       WOOSTER          OH      44691          14,700.00
 23710      801150525      ROBERTS TERRI W             2749 WOODLAKE RD           MITCHELLVIL      MD      20721          56,250.00
 23710      801151887      SCHWENDEMAN DAVID S         419 UNION STREET           BROOKLYN         NY      11231         260,000.00
 23710      801153123      JORDAN JEROME               932 MARTIN AVENUE          ATLANTA          GA      30313          62,400.00
 23710      801155755      CZECH ERIC R                411 CRISSWELL ROAD         BUTLER           PA      16002          10,000.00
 23710      801156175      HOVERMAN SHARON A           112 GALLOWS HILL ROAD      REDDING          CT      06896         100,000.00
 23710      801157173      GARRISON JOSEPH E SR        RT 2 BOX 1295              STARKE           FL      32091          35,000.00
 23710      801157892      PINILLA JORGE               114 12 LEFFERTS BOULEVARD  SOUTH OZONE      NY      11420          73,400.00
 23710      801158411      FERNANDEZ JESUS FIGUEROA    918 10TH STREET            READING          PA      19604          35,955.00
 23710      801159302      SALCEDO LINNETTE            2012 WINDSOR WAY           TAMPA            FL      33619          48,600.00
 23710      801160516      DRAPER DALE K               911 SOUTH 880 WEST         PAYSON           UT      84651          29,664.00
 23710      801160847      VIDRINGSTAD ELSE I          83 LONGDALE STREET         STATEN ISLA      NY      10314          42,000.00
 23710      801161068      HUNT EDWARD L               247 SCOTT LAKE RD          WATERFORD        MI      48328          40,000.00
 23710      801161167      MORLAND GWENDOLYN           5066 W 17TH AVE            GARY             IN      46406          42,000.00
 23710      801161183      CHANCELOR LARRY             14290 292 294 SARATOGA     DETROIT          MI      48205          59,500.00
 23710      801161225      KIMBERLIN ELIZABETH         8132 SMITH ROAD            KANNAPOLIS       NC      28083          46,000.00
 23710      801162140      LACEY JOSEPH P              117 FLORIDA STREET         DORCHESTER       MA      02124          22,000.00
 23710      801163239      LOPEZ MARIA V               11 DAUPHIN STREET          LANCASTER        PA      17602          46,750.00
 23710      801163619      RUSSELL ROBERT L            15233 MARRIAN AVENUE       PALM BEACH       FL      33418          30,000.00
 23710      801163932      YOUSEF JOHN A               4489 W 30TH STREET         CLEVELAND        OH      44109         245,000.00
 23710      801165283      BRUNNER LUBERTA             717 NORTH EMORY AVENUE     KISSIMMEE        FL      34741          58,500.00
 23710      801166745      GOSSETT JOSEPH A            15173 NEWPORT ROAD         CLEARWATER       FL      34624          75,000.00
 23710      801166901      MORRIS PHILLIP P            RD 2 BOX 277               GREENWOOD        DE      19950          81,200.00
 23710      801167925      PRINCE BETTY A              152 KEARSING PARKWAY       MONSEY           NY      10952          44,250.00
 23710      801169277      STEELE NEWTON JR            9715 COMMODORE DRIVE       SEFFNER          FL      33584         108,800.00
 23710      801169962      JAHREN ADOLPH S             11104 PELLS ISLAND VIEW L  PELLSTON         MI      49769          99,400.00
 23710      801170226      FIELDS KAY                  5121 CHESTNUT  STREET      PHILADELPHI      PA      19139          32,500.00
 23710      801171539      MCDONALD SUSAN GAY          52520 DEERWOOD DRIVE       MACOMB TOWN      MI      48042          59,900.00
 23710      801172677      BARTLETT JOANNE L           5609 CHERRY ROAD           LAKELAND         FL      33810          38,250.00
 23710      801172701      PIANELLO VINCENT J          39 NOB HILL ROAD UNIT 80   BRIDGEPORT       CT      06610          20,000.00
 23710      801173832      MCAVENEY GERARD             RR 2 BOX 2515              SHOHOLA          PA      18458          32,000.00
 23710      801177429      HEADRICK TIM B              2507 HALLS CHAPEL RD       CRANDALL         GA      30711          27,880.00
 23710      801177676      ARNETT MICHEAL              3967 BERRY HILL ROAD       EDGEMOOR         SC      29712         111,200.00
 23710      801181041      FLOYD RONALD D              1806 LOWERY ROAD           HUNTINGTOWN      MD      20639          37,500.00
 23710      801181967      SUMMERS HAZEL J             805 LUTHER DRIVE           GOLDSBORO        NC      27534          74,250.00
 23710      801182288      BOSTWICK MILDRED            318 SHOOP AVE              DAYTON           OH      45417          45,000.00
 23710      801182429      KRIZE ROSE MARIE            27 DIANE DRIVE             MONROE           CT      06468         140,000.00
 23710      801183716      BATRONY VIRGINIA            300 LORMORE STREET         ELMIRA           NY      14904          48,600.00
 23710      801183864      JAMES PAUL S                2611 CLEARVIEW AVENUE      STROUDSBURG      PA      18360          25,000.00
 23710      801184193      WRIGHT CAROL D              4495 SOAPWEED ROAD         CALHAN           CO      80808          18,000.00
 23710      801185000      BARNES PATRICK              843 EAST 229TH STREET      BRONX            NY      10466         230,000.00
 23710      801185786      CALLAHAN ROBERT W           5570 BAYARD ROAD           HOMEWORTH        OH      44634         110,000.00


<CAPTION>


               Cut-off Date    First                                                  Original     Current   Scheduled
                Principal     Payment        Maturity      Rem           Date           LTV       Mortgage    Payment
 Account         Balance       Date            Date        Term          Due           Ratio        Rate     Int & Prin
- ----------------------------------------------------------------------------------------------------------------------
 <S>            <C>           <C>            <C>           <C>          <C>             <C>        <C>         <C>


 801130170       46,400.00    12/04/98       11/04/28      360.10       12/04/98        80.0       12.450        493.41
 801130329       53,302.22    12/04/98       11/04/13      180.10       02/04/99        80.0        9.350        579.71
 801131970      121,450.00    12/02/98       11/02/28      360.03       12/02/98        89.9       10.650      1,124.59
 801131988       19,671.38    10/22/98       09/22/13      178.68       01/22/99        84.9       11.700        237.37
 801132895       30,797.06    12/06/98       11/06/13      180.16       01/06/99        54.3        7.250        282.99
 801135021       67,500.00    12/01/98       11/01/13      180.00       12/01/98        90.0       10.750        630.10
 801136086       36,500.00    12/01/98       11/01/18      240.00       12/01/98        90.0       10.000        352.24
 801137258       26,000.00    11/01/98       10/01/13      179.00       12/01/98        84.9       12.300        317.08
 801138140       28,769.55    11/01/98       10/01/18      239.00       01/01/99        84.9       11.900        316.75
 801141565       52,500.00    10/26/98       09/26/28      358.82       11/26/98        75.0       12.750        570.52
 801141748       83,700.00    12/05/98       11/05/28      360.13       12/05/98        90.0        9.400        697.70
 801142274       57,014.00    11/27/98       10/27/28      359.84       11/27/98        80.0       10.900        538.65
 801144064       26,000.00    12/10/98       11/10/13      180.30       12/10/98        78.1        9.250        213.90
 801144445      103,000.00    12/10/98       11/10/13      180.30       12/10/98        44.7        7.870        746.46
 801144817       12,253.31    11/01/98       10/01/13      179.00       12/01/98        89.9       10.500        135.70
 801145475       56,000.00    11/05/98       10/05/28      359.11       12/05/98        65.4        9.200        458.68
 801145871       18,407.00    12/03/98       11/03/18      240.07       12/03/98        89.9       10.400        182.54
 801146499       60,000.00    12/01/98       11/01/13      180.00       12/01/98        80.0        9.900        641.10
 801146739      121,950.00    12/01/98       11/01/28      360.00       12/01/98        75.9       11.500      1,207.66
 801148396       56,000.00    12/01/98       11/01/13      180.00       12/01/98        80.0        9.900        598.36
 801150152       14,700.00    12/04/98       11/04/13      180.10       12/04/98        84.9       12.350        179.75
 801150525       56,250.00    12/04/98       11/04/13      180.10       12/04/98        80.0       10.350        508.24
 801151887      260,000.00    12/05/98       11/05/13      180.13       12/05/98        64.1        8.600      2,017.63
 801153123       62,400.00    11/19/98       10/19/28      359.57       11/19/98        80.0        8.850        495.36
 801155755       10,000.00    12/09/98       11/09/18      240.26       12/09/98        85.1        9.400         92.56
 801156175      100,000.00    12/04/98       11/04/13      180.10       12/04/98        29.8       10.200        892.39
 801157173       35,000.00    12/04/98       11/04/18      240.10       12/04/98        79.5       10.250        343.58
 801157892       73,400.00    12/06/98       11/06/13      180.16       12/06/98        89.9       10.400        806.82
 801158411       35,955.00    12/04/98       11/04/28      360.10       12/04/98        84.6       11.250        349.22
 801159302       48,600.00    11/09/98       10/09/28      359.24       12/09/98        90.0        9.400        405.11
 801160516       29,664.00    01/01/99       12/01/13      181.00       01/01/99        84.9       11.600        296.03
 801160847       41,932.30    11/19/98       10/19/13      179.57       12/19/98        84.8       11.450        489.31
 801161068       39,858.50    12/01/98       11/01/13      180.00       01/01/99        38.8        9.850        346.60
 801161167       42,000.00    12/01/98       11/01/28      360.00       12/01/98        70.0       12.750        456.41
 801161183       59,500.00    12/01/98       11/01/28      360.00       12/01/98        85.0       10.200        530.97
 801161225       46,000.00    12/09/98       11/09/28      360.26       12/09/98        76.6       11.350        450.28
 801162140       22,000.00    12/09/98       11/09/13      180.26       12/09/98        85.2       10.250        197.14
 801163239       46,750.00    12/03/98       11/03/28      360.07       12/03/98        77.9       11.850        475.49
 801163619       30,000.00    11/16/98       10/16/13      179.47       11/16/98        88.8       10.700        335.35
 801163932      245,000.00    01/01/99       12/01/18      241.00       01/01/99        70.0       12.350      2,757.68
 801165283       58,500.00    12/04/98       11/04/28      360.10       12/04/98        90.0        9.900        509.06
 801166745       75,000.00    11/01/98       10/01/28      359.00       12/01/98        71.2       11.750        757.06
 801166901       81,200.00    12/03/98       11/03/28      360.07       12/03/98        70.0       13.100        904.58
 801167925       44,250.00    11/01/98       10/01/18      239.00       12/01/98        84.8       11.950        485.69
 801169277      108,800.00    11/14/98       10/14/13      179.41       11/14/98        85.0       11.950      1,114.94
 801169962       99,400.00    12/10/98       11/10/28      360.30       12/10/98        70.0        6.900        654.65
 801170226       32,500.00    11/01/98       10/01/13      179.00       12/01/98        69.1       12.500        346.86
 801171539       59,701.28    11/07/98       10/07/13      179.18       12/07/98        73.5       10.250        652.89
 801172677       38,250.00    12/03/98       11/03/13      180.07       12/03/98        85.0       11.500        446.83
 801172701       19,962.31    11/02/98       10/02/18      239.01       12/02/98        80.0       10.990        206.30
 801173832       32,000.00    12/04/98       11/04/13      180.10       12/04/98        42.1        9.400        332.22
 801177429       27,880.00    11/09/98       10/09/13      179.24       12/09/98        84.8       11.900        332.82
 801177676      111,200.00    11/15/98       10/15/28      359.44       12/15/98        78.3       10.800      1,042.22
 801181041       37,500.00    12/04/98       11/04/08      120.10       12/04/98        20.8        8.500        464.95
 801181967       74,250.00    12/04/98       11/04/18      240.10       12/04/98        90.0        9.900        711.62
 801182288       45,000.00    12/03/98       11/03/13      180.07       12/03/98        90.0        9.900        391.59
 801182429      140,000.00    10/23/98       09/23/13      178.72       11/23/98        68.2        9.990      1,227.57
 801183716       48,600.00    12/06/98       11/06/28      360.16       12/06/98        90.0       10.000        426.50
 801183864       25,000.00    01/01/99       12/01/13      181.00       01/01/99        88.9       10.900        282.58
 801184193       18,000.00    01/01/99       12/01/13      181.00       01/01/99        71.5       12.850        225.97
 801185000      230,000.00    12/03/98       11/03/13      180.07       12/03/98        82.1       13.200      2,580.26
 801185786      110,000.00    12/04/98       11/04/18      240.10       12/04/98        84.6       11.500      1,173.07


</TABLE>
<PAGE>
<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 3
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98
                                                                                                                       Principal
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
  <S>        <C>            <C>                        <C>                        <C>              <C>     <C>         <C>

  23710      801186214      ACKLEY DAVID               23534 STEWERT              WARREN           MI      48089       41,900.00    
  23710      801186966      DAVIS GREGORY A            11325 CALLE CORVO          COLORADO SP      CO      80926       85,850.00    
  23710      801189465      CROWDER BETTY J            3 RURAL ROUTE BOX 211      LINTON           IN      47441       42,750.00    
  23710      801190547      RIOS RAFAEL                346 PERSHING AVENUE        LAKE PLACID      FL      33852       36,550.00    
  23710      801190851      BULGER EDWARD              23 MILBERY LANE            PEMBROKE         MA      02359       62,750.00    
  23710      801191065      LONG EDDIE                 1104 CAMP CIRCLE           LA MARQUE        TX      77568       62,910.00    
  23710      801191354      JURICK KATHRYN S           1919 MERL AVENUE           CLEVELAND        OH      44109       96,500.00    
  23710      801192006      KATSABAS HARALAMBOS        60 CARROLL AVENUE          VALLEY STRE      NY      11580       35,000.00    
  23710      801192717      DILLON KENNETH R           22 MIFFLIN STREET          PINE GROVE       PA      17963       59,200.00    
  23710      801192899      FILIMON ERIC A             17 LAKE ROAD               BALLSTON LA      NY      12019       50,600.00    
  23710      801192931      IRELAND BRUCE A            579 MAIN ROAD              PASSADUMKEA      ME      04475       55,200.00    
  23710      801194309      SEABERRY DAVID             2800 THE ALAMEDA           BALTIMORE        MD      21208       31,850.00    
  23710      801194770      WITZKE ERIC F              12A STONEYBROOK ROAD       STROUDSBURG      PA      18360       35,000.00    
  23710      801194788      FARRO DANIEL               199 EAGLE ROAD             BUSHKILL         PA      18324       28,350.00    
  23710      801194911      WELLIVER CURTIS            100 DENNISON STREET        PITTSTON         PA      18644       53,600.00    
  23710      801195793      OWSLEY VICTOR C            6297 52ND AVENUE NORTH     ST PETERSBU      FL      33709       73,000.00    
  23710      801195843      MERSON BARBARA C           10 WINDSOR COURT           LITTLESTOWN      PA      17340       20,000.00    
  23710      801196387      RAYNOR ELLEN               65 JERVIS AVENUE           COPIAGUE         NY      11726       50,000.00    
  23710      801196577      GRAY DAVID JAMES           3266 NORTH 1450 W          DEPUTY           IN      47230       63,650.00    
  23710      801196627      WATTS SANDRA LEE           2042 LAKEVIEW BOULEVARD    PORT CHARLO      FL      33948       59,500.00    
  23710      801196841      LACOMY JOHN C JR           94 CENTRAL LANE            WILKES BARR      PA      18705       16,500.00    
  23710      801197021      CARDER DANE L SR           16341 DUBLIN CIRCLE 102    FORT MYERS       FL      33908       48,000.00    
  23710      801197377      BORKHATARIA HASMUKH M      9408 STERLING DRIVE        MIAMI            FL      33157       35,000.00    
  23710      801197419      BROWN HARRIETT EVELYN      801 ATHENS STREET          HARTWELL         GA      30643       36,000.00    
  23710      801197567      NIDAY JOSEPH L             ROUTE 2 BOX 277            FINCASTLE        VA      24090       72,250.00    
  23710      801197690      STREETS JOHNNY L           614 WEST MULLINS STREET    MARION           SC      29571       48,450.00    
  23710      801197732      PRICE WILLIAM J            222 SOUTH L STREET         LAKE WORTH       FL      33460       37,600.00    
  23710      801197740      NEWBY JEROME               17428 LOMOND RD            SHAKER HTS       OH      44120      152,100.00    
  23710      801197930      MAHURIN KENNETH            1401 SOUTH EAST ST         INDIANAPOLI      IN      46203       37,125.00    
  23710      801198383      BELKOT DENNIS C            25468 S ESTER COURT        ESTACADA         OR      97023       25,000.00    
  23710      801198789      WILSON EDWARD A            884 BLUERIDGE ROAD         PITTSBURGH       PA      15239       42,800.00    
  23710      801198904      BROWN RICHARD L            28 HIGH ST                 CHAUNCY          OH      45719       39,200.00    
  23710      801199019      JAMISON DAVID S JR         3361 PENNSYLVANIA AVENUE   APOLLO           PA      15613       35,000.00    
  23710      801199183      MITCHELL WILMA             6 WEST PLUMSTEAD AVENUE    LANSDOWNE        PA      19050       86,000.00    
  23710      801199340      MOUNKHATY BOUNSOU          3902 ARNHEIM STREET        ANNANDALE        VA      22003       32,000.00    
  23710      801199969      DONAHUE EDWARD J           403 TWIN OAKS DRIVE        HAVERTOWN        PA      19083       19,073.00    
  23710      801200536      CIRIC JAMES Z              35042 KENSINGTON           STERLING HE      MI      48312      142,200.00    
  23710      801201062      MILLER THOMAS M            4800 18TH AVENUE SOUTH     ST PETERSBU      FL      33711       46,200.00    
  23710      801201484      SCOTT HAROLD               3020 EAST FLORA STREET     TAMPA            FL      33610       68,000.00    
  23710      801201534      FORD GARY L                864 SOUTH 740 WEST         WOODS CROSS      UT      84087       26,400.00    
  23710      801202169      FRANKERT ROBERT S          200 QUINCY AVENUE          PITTSBURGH       PA      15210       30,600.00    
  23710      801202417      TAYLOR MARK PHILIP         240 WHITEHORSE ROAD        COCHRANVILL      PA      19330      114,000.00    
  23710      801202540      GALVAN KELLY A             5022 SINGLETON DRIVE       HILLIARD         OH      43026       43,100.00    
  23710      801202680      LEACH JAMES A              2136 PINE NEEDLE LANE      DEEP RUN         NC      28525       66,300.00    
  23710      801203167      MATTHEWS ALAN M            12921 KEITH HILL ROAD      HUNTERSVILL      NC      28078       52,500.00    
  23710      801203548      LYNN SAMUEL N              8068 COUNTY LINE ROAD      MELROSE          FL      32666       29,600.00    
  23710      801203928      HOPKINS DANNY R            3995 VANDERMARK ROAD       LITCHFIELD       OH      44253      117,500.00    
  23710      801204801      MONTEMURRO JOSEPH          157 SHEFFIELD AVENUE       WEST BABYLO      NY      11704       19,300.00    
  23710      801204868      SISKO BERTHA               85 UNION STREET            EAST RUTHER      NJ      07073       31,000.00    
  23710      801205238      KARAMANSKI JOHN W          2825 N LASALLE             INDIANAPOLI      IN      46218       33,600.00    
  23710      801205261      MCCONKEY ROBIN             4747 HAINES ROAD           ST PETERSBU      FL      33714       53,550.00    
  23710      801205774      PARKS ALAN D               5000 FOXFIRE LANE          LAKE MARY        FL      32746       49,000.00    
  23710      801205873      MCGUIRE BRETT              6929 BISHOP FRIER LANE     RIVERVIEW        FL      33569       15,500.00    
  23710      801206137      DELANESE ROBERTO           2 P DENNISON DRIVE         EAST WINDSO      NJ      08520       32,900.00    
  23710      801207028      RIVERA ANA                 8311 MADISON AVE           CLEVELAND        OH      44102       61,800.00    
  23710      801207879      HATCH THOMAS C             6032 SOUTH DON CARLOS DR   TAYLORSVILL      UT      84118       26,892.00    
  23710      801208349      MC FARLANE CYNTHIA         638 EAST 226 STREET        BRONX            NY      10466       98,000.00    
  23710      801208539      LAM JULIE                  1541 RAYMOND AVE           GLENDALE         CA      91201      100,000.00    
  23710      801209289      VAN SANT ROBERT E          2750 MCCOY STREET          WILLIAMSPOR      PA      17701       75,000.00    
  23710      801209354      MILCIC JERRY R             625 BICKER ROAD            CABOT            PA      16023       54,000.00    
  23710      801210394      MOSCATO ANTHONY            6807 ROSEWOOD COURT        TAMPA            FL      33615       36,154.00    
  23710      801210857      FIELDS WILLIAM E           8069 24TH AVENUE NORTH     ST PETERSBU      FL      33710       19,000.00    
 
<PAGE>

<CAPTION>


              Cut-off Date   First                                                  Original     Current   Scheduled
               Principal    Payment       Maturity      Rem           Date           LTV       Mortgage    Payment
 Account        Balance      Date           Date        Term          Due           Ratio        Rate     Int & Prin
- ----------------------------------------------------------------------------------------------------------------------
 <S>          <C>          <C>            <C>           <C>          <C>             <C>        <C>
801186214    41,900.00    12/01/98       11/01/28      360.00       12/01/98        66.5        8.650        326.64
801186966    85,850.00    01/01/99       12/01/13      181.00       01/01/99        89.9       10.500        785.30
801189465    42,750.00    12/03/98       11/03/28      360.07       12/03/98        75.0       10.350        386.26
801190547    36,550.00    12/03/98       11/03/13      180.07       12/03/98        85.0       10.500        334.34
801190851    62,750.00    12/01/98       11/01/18      240.00       12/01/98        75.1       12.600        717.36
801191065    62,910.00    12/01/98       11/01/28      360.00       12/01/98        90.0       10.150        559.07
801191354    96,500.00    12/02/98       11/02/13      180.03       12/02/98        83.9        8.400        735.17
801192006    35,000.00    12/04/98       11/04/08      120.10       12/04/98        78.1       10.600        474.23
801192717    59,200.00    12/01/98       11/01/13      180.00       12/01/98        80.0       12.600        636.41
801192899    50,600.00    12/01/98       11/01/18      240.00       12/01/98        79.9       12.850        587.42
801192931    55,023.86    11/28/98       10/28/28      359.87       12/28/98        80.0       12.800        602.01
801194309    31,850.00    12/01/98       11/01/28      360.00       12/01/98        65.0       11.850        323.94
801194770    35,000.00    12/09/98       11/09/13      180.26       12/09/98        72.8        8.900        352.91
801194788    28,350.00    12/01/98       11/01/28      360.00       12/01/98        90.0       10.900        267.84
801194911    53,600.00    12/03/98       11/03/28      360.07       12/03/98        80.0        8.750        421.67
801195793    73,000.00    12/01/98       11/01/18      240.00       12/01/98        76.8        9.100        661.50
801195843    20,000.00    12/03/98       11/03/13      180.07       12/03/98        68.2        9.000        202.85
801196387    50,000.00    12/02/98       11/02/13      180.03       12/02/98        81.8        9.500        420.43
801196577    63,650.00    01/01/99       12/01/28      361.00       01/01/99        79.5        8.250        478.18
801196627    59,500.00    11/23/98       10/23/13      179.70       11/23/98        78.2       10.200        530.97
801196841    16,500.00    12/10/98       11/10/13      180.30       12/10/98        88.7       10.650        183.93
801197021    48,000.00    12/01/98       11/01/13      180.00       12/01/98        80.0       10.000        421.23
801197377    35,000.00    12/01/98       11/01/18      240.00       12/01/98        89.6       10.350        345.92
801197419    36,000.00    01/01/99       12/01/28      361.00       01/01/99        80.0        8.250        270.46
801197567    72,250.00    12/02/98       11/02/28      360.03       12/02/98        85.0       10.750        674.44
801197690    48,450.00    12/02/98       11/02/13      180.03       12/02/98        85.0       11.000        461.40
801197732    37,600.00    01/01/99       12/01/13      181.00       01/01/99        80.0        8.150        362.59
801197740   152,100.00    12/02/98       11/02/28      360.03       12/02/98        84.9       11.250      1,477.29
801197930    37,125.00    11/16/98       10/16/28      359.47       11/16/98        75.0       10.850        349.35
801198383    25,000.00    01/01/99       12/01/13      181.00       01/01/99        87.1       10.500        276.35
801198789    42,800.00    12/02/98       11/02/18      240.03       12/02/98        89.9       10.400        424.44
801198904    39,174.36    12/04/98       11/04/13      180.10       12/04/98        80.0       11.850        398.70
801199019    34,937.97    11/01/98       10/01/13      179.00       12/01/98        86.5       10.800        393.43
801199183    86,000.00    11/05/98       10/05/18      239.11       12/05/98        57.9        8.850        765.49
801199340    32,000.00    12/09/98       11/09/08      120.26       12/09/98        87.7       10.500        431.79
801199969    19,073.00    12/02/98       11/02/18      240.03       12/02/98        89.3        9.650        179.66
801200536   142,200.00    12/01/98       11/01/28      360.00       12/01/98        90.0       10.000      1,247.91
801201062    46,200.00    12/04/98       11/04/28      360.10       12/04/98        70.0        9.150        376.73
801201484    68,000.00    11/28/98       10/28/28      359.87       11/28/98        85.0       10.500        622.02
801201534    26,347.02    12/01/98       11/01/18      240.00       02/01/99        84.2       11.900        288.85
801202169    30,600.00    12/01/98       11/01/13      180.00       12/01/98        90.0        9.900        266.28
801202417   114,000.00    12/05/98       11/05/13      180.13       12/05/98        80.0        7.750      1,073.05
801202540    43,018.63    11/23/98       10/23/18      239.70       12/23/98        74.9       10.950        443.41
801202680    66,300.00    12/06/98       11/06/18      240.16       12/06/98        85.0       12.000        730.02
801203167    52,500.00    12/06/98       11/06/13      180.16       12/06/98        75.0        9.150        537.18
801203548    29,600.00    12/01/98       11/01/13      180.00       12/01/98        80.0        9.400        307.31
801203928   117,500.00    12/01/98       11/01/28      360.00       12/01/98        78.3        9.000        945.43
801204801    19,300.00    11/15/98       10/15/13      179.44       11/15/98        89.9       11.700        194.08
801204868    31,000.00    11/20/98       10/20/28      359.61       11/20/98        16.7       12.000        318.87
801205238    33,600.00    11/16/98       10/16/28      359.47       11/16/98        80.0        9.250        276.42
801205261    53,550.00    12/04/98       11/04/28      360.10       12/04/98        85.0       12.100        554.95
801205774    49,000.00    12/01/98       11/01/13      180.00       12/01/98        84.8       12.100        591.24
801205873    15,500.00    11/23/98       10/23/13      179.70       11/23/98        85.0       12.950        195.60
801206137    32,900.00    12/01/98       11/01/13      180.00       12/01/98        70.0       10.650        304.64
801207028    61,698.67    11/23/98       10/23/28      359.70       12/23/98        82.4        9.400        515.14
801207879    26,892.00    11/06/98       10/06/13      179.15       12/06/98        89.9       11.700        270.42
801208349    98,000.00    12/03/98       11/03/28      360.07       12/03/98        44.5       10.600        903.78
801208539    99,582.20    12/01/98       11/01/13      180.00       01/01/99        89.8       11.300        975.06
801209289    74,683.88    12/02/98       11/02/28      360.03       01/02/99        60.0       10.350        677.66
801209354    54,000.00    12/02/98       11/02/13      180.03       12/02/98        60.0        8.000        516.05
801210394    36,154.00    12/10/98       11/10/13      180.30       12/10/98        89.9        9.900        386.30
801210857    19,000.00    12/01/98       11/01/13      180.00       12/01/98        74.7       13.500        217.63
</TABLE>



<PAGE>
<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 4
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98
                                                                                                                       Principal
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
  <S>        <C>            <C>                        <C>                        <C>              <C>     <C>         <C>
  23710      801211459      NATARIO JOEL J             201 BLISSWOOD DRIVE        LUDLOW           MA      01056       21,950.00  
  23710      801211533      TRAIETTI VINCENT T         9 11 WOODBINE STREET       QUINCY           MA      02170       39,739.00  
  23710      801211699      LANE LILLIE                10737 NC 33                WHITAKER         NC      27891       79,200.00  
  23710      801212770      KRETZ CRAIG A              130 13TH AVENUE            INDIALANTIC      FL      32903       25,000.00  
  23710      801212903      BLACKMAN MICHAEL           194 COVERT STREET          BROOKLYN         NY      11207       30,000.00  
  23710      801214339      YOUNG B DOUGLAS            623 SW WHISPER RIDGE TERR  PALM CITY        FL      34990       28,418.00  
  23710      801214933      HORNBECK BARRY D           1429 PEARL STREET          ANDERSON         IN      46016       31,875.00  
  23710      801215138      NESHEV NESHO               17 SALAMANDER COURT        STATEN ISLA      NY      10309       24,300.00  
  23710      801215419      BLACK FRANCES P            3615 AVENUE T NORTHWEST    WINTER HAVE      FL      33881       16,900.00  
  23710      801215732      STIER KENNETH              50 COUNTRY ROAD            MAMARONECK       NY      10543      620,000.00  
  23710      801216466      SYLVESTER ROGER            180 SUMPTER STREET         BROOKLYN         NY      11233      183,750.00  
  23710      801216938      SELSOR DANIEL              5424 70TH LANE NORTH       ST PETERSBU      FL      33709       38,250.00  
  23710      801217647      TOYE LEONA                 170 DIVISION AVENUE        WEST SAYVIL      NY      11796      113,220.00  
  23710      801217803      GRAHAM HEYWARD             RT 4 BOX 36                KINGSTREE        SC      29556       45,000.00  
  23710      801217811      STEVENSON SCOTT W          900 FULTON ROAD NW         CANTON           OH      44703       56,000.00  
  23710      801217936      CATHEY VERONICA            14218 TIMBERHAVEN DRIVE    HOUSTON          TX      77066       51,300.00  
  23710      801218074      TUCKER ROBERT E            4831 HIGHWAY 60 EAST       LAKE WALES       FL      33853       25,500.00  
  23710      801218397      BOWS DARNELL L             137A-137B WEST 23RD STREET JACKSONVILL      FL      32206       29,400.00  
  23710      801218462      BOWS DARNELL L             3914 SPRINGFIELD BOULEVARD JACKSONVILL      FL      32206       36,400.00  
  23710      801218959      PEREZ EMILIANO             3614 IRWIN AVENUE          BRONX            NY      10463       30,000.00  
  23710      801219593      CARR PATRICIA L            21 BROADWAY STREET         DUNEDIN          FL      34698       50,000.00  
  23710      801219635      MCDOUGALD STACEY           4606 BRISTOL AVENUE        JACKSONVILL      FL      32208       48,500.00  
  23710      801219718      POTILLO AMY J              10701 MT AUBURN            CLEVELAND        OH      44104       54,000.00  
  23710      801219759      MCCREADY MARK              7445 WESTWOOD DRIVE        JENISON          MI      48428      110,000.00  
  23710      801219791      WORTLEY MARY JO ANN        555 PONY AVENUE            BATTLE CREE      MI      49014       72,800.00  
  23710      801219890      MEYERS DOUGLAS             5633 86TH AVENUE NORTH     PINELLAS PA      FL      33782       20,700.00  
  23710      801219916      BUSHNELL JAMES E           115 GLORIA DRIVE           HOLLISTER        FL      32147       16,000.00  
  23710      801221573      MAREK LAWRENCE J           330 EAST HAZARD STREET     SUMMIT HILL      PA      18250       26,000.00  
  23710      801222076      CASTINE EDWARD L JR        147 PARDY ROAD             PLATTESBURG      NY      12901       17,600.00  
  23710      801222241      HAAS MICHAEL R             7216 78TH AVE NORTH        BROOKLYN PA      MN      55445       31,100.00  
  23710      801222514      SHANKLIN MICHAEL D         4079 E 142ND ST            CLEVELAND        OH      44128       56,200.00  
  23710      801222779      VANEK STEVEN E             3234 KENT ST SW            PRIOR LAKE       MN      55372       30,100.00  
  23710      801222845      RICHARDS KIRK A            25530 TROPIC ACRES DRIVE   BONITA SPRI      FL      34135       70,200.00  
  23710      801224056      SPIKES JANIE L             125 W JACKSON ST           PAINSVILLE       OH      44077       43,500.00  
  23710      801224353      JONES JAMES DOUGLAS        6728 EAST LANGLEY ROAD     ELM CITY         NC      27822       23,800.00  
  23710      801224437      ATWELL SUE                 216 CYPRESS COURT          PANAMA CITY      FL      34677       30,000.00  
  23710      801224478      PETERS FREDERICK S         509 SEARS AVENUE           WINTER HAVE      FL      33881       34,000.00  
  23710      801237124      WILLIAMS KIM L             13610 RIVER FOREST DRIVE   FORT MYERS       FL      33905        7,341.00  
        -----------------------------------------------                                                            ---------------
                   223      Sale Total                                                                             13,058,157.00  

  23712      800571499      TAYLOR MIRIAM              1385 CLAY AVENUE           BRONX            NY      10456       92,000.00  
  23712      800574709      RIVETTE JOSEPH H           210-212 NORTH RUTLAND ST   WATERTOWN        NY      13601       52,000.00  
  23712      800620015      CHIEN SANDY SIU            155-18 59TH AVENUE         FLUSHING         NY      11301       45,000.00  
  23712      800623779      KIM YOUNG MAN              43 TAYLOR DRIVE            CLOSTER          NJ      07624      126,500.00  
  23712      800721136      STETS LINDA J              1120 SCOTT STREET          WILKES BARR      PA      18702       42,000.00  
  23712      800842866      ADDIS DOUGLAS              13491 HIGHWAY 56           ENOREE           SC      29335      105,000.00  
  23712      800860645      QUINZI CHARLES M           115 COTTAGE STREET         AUBURN           NY      13021       35,000.00  
  23712      800897050      BYNUM MARKLE               716 ROSEDALE AVENUE        BRONX            NY      10473       94,500.00  
  23712      800938490      GOODWIN JEFFREY W          2961 MT LEBANON ROAD       BUFFALO          SC      29321       36,000.00  
  23712      800941726      LEIPZIG BETH               77 GARFIELD AVENUE         SAYVILLE         NY      11782       41,500.00  
  23712      800946444      PRICE JAMES K              785 FOREST AVENUE          BRONX            NY      10466      106,400.00  
  23712      800968208      GALLANT JEFFEREY           53 BERWYN PLACE            FAIR LAWN        NJ      07410      276,250.00  
  23712      801002635      JOINER INDIA               395 17TH STREET            BROOKLYN         NY      11215      295,000.00  
  23712      801037458      YARNELL FRANK              1631 CASTILLO STREET       SANTA BARBA      CA      93101       43,000.00  
  23712      801042888      SPENCE ORMOND L            101 EAST BAYSIDE DRIVE     CHOCOWINITY      NC      27817      146,700.00  
  23712      801069949      WILLIAMSON STEVEN          2 RT 2 BOX 2039            MINERAL POI      MO      63660       61,200.00  
  23712      801075979      MCCORMACK JACK E           1022 CANAL STREET          RUSKIN           FL      33570       38,750.00  
  23712      801079625      WEBB DONNA                 1649 TOWN CREEK            ELM CITY         NC      27822       55,800.00  
  23712      801101833      DENOOYER MICHAEL           1403 FOX RUN DRIVE         TARPON SPRI      FL      34689       12,216.00  
  23712      801104142      SANDS JAMES H              12560 ALBION STREET        THORNTON         CO      80241       52,000.00  
  23712      801105313      FONTAINE BARBARA J         536 SOUTH MAIN STREET      BURRILLVILL      RI      02859      110,500.00  
  23712      801108267      IHDE MARK                  337 MERTEN STREET          EAST STROUD      PA      18301       40,350.00  

  


<CAPTION>

   
                 Cut-off Date   First                                                  Original     Current    Scheduled
                  Principal    Payment       Maturity       Rem           Date           LTV       Mortgage     Payment
   Account         Balance      Date           Date         Term          Due           Ratio        Rate      Int & Prin
- ------------------------------------------------------------------------------------------------------------------------
 <S>             <C>           <C>            <C>           <C>          <C>             <C>       <C>          <C>
  801211459       21,542.85    12/04/98       11/04/18      240.10       02/04/99        83.8        9.650        206.76
  801211533       39,739.00    12/02/98       11/02/13      180.03       12/02/98        90.0       10.000        348.74
  801211699       78,964.59    11/13/98       10/13/28      359.38       12/13/98        90.0       11.450        781.30
  801212770       25,000.00    11/28/98       10/28/13      179.87       11/28/98        81.6        9.950        267.89
  801212903       30,000.00    11/27/98       10/27/18      239.84       11/27/98        77.1       14.350        380.71
  801214339       28,418.00    12/06/98       11/06/08      120.16       12/06/98        90.0       10.400        381.87
  801214933       31,875.00    12/10/98       11/10/28      360.30       12/10/98        85.0       12.100        330.33
  801215138       24,248.13    11/22/98       10/22/18      239.67       12/22/98        85.0       11.990        267.39
  801215419       16,701.39    12/09/98       11/09/08      120.26       01/09/99        41.7       11.100        233.76
  801215732      620,000.00    12/04/98       11/04/18      240.10       12/04/98        75.1        8.500      5,380.50
  801216466      183,750.00    12/01/98       11/01/13      180.00       12/01/98        75.0       11.900      2,193.50
  801216938       38,250.00    12/09/98       11/09/28      360.26       12/09/98        85.0        9.000        307.77
  801217647      113,220.00    11/23/98       10/23/28      359.70       11/23/98        85.0       12.500      1,208.35
  801217803       45,000.00    12/09/98       11/09/28      360.26       12/09/98        90.0       11.400        442.20
  801217811       56,000.00    12/03/98       11/03/28      360.07       12/03/98        80.0       10.150        497.66
  801217936       51,300.00    12/01/98       11/01/28      360.00       12/01/98        90.0       10.150        455.89
  801218074       25,500.00    12/03/98       11/03/13      180.07       12/03/98        75.0       12.500        314.29
  801218397       29,400.00    12/01/98       11/01/13      180.00       12/01/98        70.0       11.200        284.44
  801218462       36,400.00    12/01/98       11/01/13      180.00       12/01/98        70.0       11.200        352.16
  801218959       29,832.77    08/07/98       07/07/18      236.15       12/07/98        88.9       11.950        329.28
  801219593       50,000.00    12/01/98       11/01/28      360.00       12/01/98        63.2        9.200        409.53
  801219635       48,500.00    12/01/98       11/01/18      240.00       12/01/98        82.2       10.750        492.39
  801219718       54,000.00    11/20/98       10/20/28      359.61       11/20/98        90.0       10.650        500.03
  801219759      110,000.00    12/04/98       11/04/28      360.10       12/04/98        79.7        8.400        838.02
  801219791       72,800.00    11/27/98       10/27/28      359.84       11/27/98        80.0        8.000        534.18
  801219890       20,700.00    12/01/98       11/01/18      240.00       12/01/98        84.6       11.250        217.20
  801219916       16,000.00    12/10/98       11/10/08      120.30       12/10/98        58.1       10.150        212.77
  801221573       26,000.00    12/09/98       11/09/18      240.26       12/09/98        78.1        9.500        242.35
  801222076       17,600.00    12/04/98       11/04/13      180.10       12/04/98        85.4       11.850        209.53
  801222241       31,100.00    12/01/98       11/01/13      180.00       12/01/98        79.9       12.500        383.31
  801222514       56,200.00    12/01/98       11/01/13      180.00       12/01/98        74.9       10.500        621.23
  801222779       30,100.00    11/28/98       10/28/18      239.87       11/28/98        80.0       12.600        344.10
  801222845       70,200.00    12/04/98       11/04/18      240.10       12/04/98        65.0        8.540        610.99
  801224056       43,234.15    12/01/98       11/01/28      360.00       01/01/99        64.9       13.090        484.26
  801224353       23,800.00    12/03/98       11/03/13      180.07       12/03/98        70.0       11.000        270.51
  801224437       30,000.00    12/05/98       11/05/13      180.13       12/05/98        36.5        8.250        291.04
  801224478       34,000.00    12/01/98       11/01/18      240.00       12/01/98        53.1       10.650        342.88
  801237124        7,341.00    12/06/98       11/06/13      180.16       12/06/98        90.0       10.900         82.98
- -----------------------------------                   ------------                     ---------------------------------
        223   13,048,630.85                                 253.23                       78.1       10.599    127,261.21

  800571499       90,935.06    02/27/98       01/27/13      170.86       12/27/98        73.0       10.300        827.83
  800574709       51,075.05    04/10/98       03/10/18      232.24       01/10/99        80.0       10.300        512.19
  800620015       44,066.64    04/25/98       03/25/13      172.73       12/25/98        79.8       11.750        532.86
  800623779      126,221.03    04/18/98       03/18/13      172.50       12/18/98        79.9       10.800      1,185.61
  800721136       41,579.22    05/01/98       04/01/18      233.00       11/01/98        70.0       11.990        462.17
  800842866      104,907.62    09/01/98       08/01/13      177.00       12/01/98        70.0        9.700        898.26
  800860645       34,642.64    07/23/98       06/23/28      355.69       12/23/98        70.0       10.950        332.00
  800897050       94,500.00    08/08/98       07/08/13      176.19       11/08/98        83.5       12.700      1,177.06
  800938490       35,902.32    07/26/98       06/26/18      235.79       11/26/98        78.2       12.900        419.21
  800941726       41,363.29    07/25/98       06/25/18      235.76       11/25/98        84.8       12.500        471.50
  800946444      106,400.00    08/01/98       07/01/13      176.00       11/01/98        70.0       11.000      1,013.28
  800968208      274,154.47    09/01/98       08/01/28      357.00       01/01/99        85.0        8.750      2,173.26
  801002635      294,746.71    09/05/98       08/05/13      177.11       12/05/98        81.9        9.900      2,567.06
  801037458       43,000.00    10/01/98       09/01/13      178.00       12/01/98        84.9       11.900        439.00
  801042888      146,700.00    10/01/98       09/01/28      358.00       11/01/98        90.0       10.950      1,391.52
  801069949       61,200.00    10/09/98       09/09/28      358.26       11/09/98        90.0       10.150        543.87
  801075979       38,584.85    10/15/98       09/15/18      238.45       12/15/98        84.6       10.750        393.40
  801079625       55,754.82    09/24/98       08/24/28      357.73       11/24/98        90.0       10.400        506.26
  801101833       12,181.94    10/18/98       09/18/18      238.55       11/18/98        85.0       11.650        131.54
  801104142       52,000.00    11/01/98       10/01/13      179.00       12/01/98        89.8       10.900        587.77
  801105313      110,340.30    10/15/98       09/15/13      178.45       12/15/98        85.0       10.990      1,051.48
  801108267       40,350.00    12/05/98       11/05/28      360.13       12/05/98        84.9       11.000        384.26

</TABLE>



<PAGE>

<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 5
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98
                                                                                                                       Principal
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
  <S>        <C>            <C>                        <C>                        <C>              <C>     <C>         <C>
  23712      801111774      ROBERTS BERNADETTE         773 781 EAST 169TH STREET  BRONX            NY      10468      200,000.00    
  23712      801124942      OCASIO ANGEL               3347 N MUTTER STREET       PHILADELPHI      PA      19140       16,500.00    
  23712      801131996      MCLAUGHLIN JACQUELYN       1221 PRINCESS AVENUE       CAMDEN           NJ      08103       32,250.00    
  23712      801132705      WALKINGSHAW JAMES L        3783 WEST 3240 SOUTH       WEST VALLEY      UT      84120       34,000.00    
  23712      801136045      RICHMOND WARREN            93 BAYVIEW AVENUE          NORTHPORT        NY      11768      210,280.00    
  23712      801150160      WU GUO HUA                 2063 EAST 12TH STREET      BROOKLYN         NY      11229       31,000.00    
  23712      801151382      PHILLIPS JOHN              1275 ROUTE 12              FRENCHTOWN       NJ      08825      194,800.00    
  23712      801156159      MONGELLI LISA              170 FIRST STREET           COALDALE         PA      18218       16,000.00    
  23712      801156597      MORRIS EDWARD L            1135 ELMWOOD AVE           PHILADELPHI      PA      19079       22,400.00    
  23712      801159583      MAROSEVITCH SCOTT W        53 ALWAT STREET            WOODBRIDGE       NJ      07095       19,250.00    
  23712      801161506      PIERRE RICHARDE            16 OMEGA AVENUE            BRIDGEPORT       CT      06606       33,471.00    
  23712      801168717      GOODALE RICHARD J          10088 PARADISE BOULEVARD   TREASURE IS      FL      33706       53,750.00    
  23712      801174210      HOUCK RICHARD E            617 EIGHTH AVENUE          ALTOONA          PA      16601       28,000.00    
  23712      801185034      KRINSKY LAURA E            11300 LINNETT AVENUE       CLEVELAND        OH      44111       50,800.00    
  23712      801185695      HANRAHAN PATRICK MICHAEL   23355 GREASY CREEK ROAD    PHILMATH         OR      97370       38,606.00    
  23712      801187147      KOSIOR KENNETH             113 NORTH MAIN STREET      FLORIDA          NY      10901       57,700.00    
  23712      801187717      DOBBINS JEFFREY R          1227 HIGHMAN STREET        PITTSBURGH       PA      15205       25,350.00    
  23712      801188582      PREWITT LINDA D            402 EAST RAYMOND           INDIANAPOLI      IN      46220       28,000.00    
  23712      801188640      BAKER BETTY LEE            5944 BECKSTROM ROAD        JACKSONVILL      FL      32254       25,000.00    
  23712      801190513      SAVARESE EILEEN            523 NAUGHTON AVENUE        STATEN ISLA      NY      10305      122,500.00    
  23712      801190778      DIAZ PEDRO                 30-41 86TH STREET          EAST ELMHUR      NY      11369      150,000.00    
  23712      801192402      MAJOR ALLEN K              2660 TRAIL CREEK CIRCLE    LITHIA SPRI      GA      30122       11,000.00    
  23712      801194135      HILL THADDEUS L            302 EAST HUBBARD AVENUE    DELAND           FL      32724       64,000.00    
  23712      801195058      WHITE RONNIE               648 RILEY AVENUE           EAST LIVERP      OH      43920       27,900.00    
  23712      801195827      REESE KEVIN                RD 1 BOX 41 AND 41-B       AVONMORE         PA      15618       52,000.00    
  23712      801196098      KIRKPATRICK PAUL T         1925 KODIAK DRIVE          COLORADO SP      CO      80910       22,558.00    
  23712      801196262      CORDOBA MARLYN             92 29 QUEENS BLVD APT 7D   REGO PARK        NY      11374       91,800.00    
  23712      801197278      OCONNOR EDWARD R           727 FOREST CIRCLE          GREENTOWN        PA      18426       27,200.00    
  23712      801200486      SMOTHERS MARIE             2532 99TH STREET           EAST ELMHUR      NY      11369      199,750.00    
  23712      801201989      JOHNSON THEODIS            58 SOLAR DRIVE             PUEBLO           CO      81005       69,000.00    
  23712      801203977      TRACZYK ARTHUR             90 GREAT NECK ROAD SOUTH   MASHPEE          MA      02649       15,000.00    
  23712      801204660      BROWN BRIAN A              1586 HALPIN ROAD           CLARKSVILLE      OH      45113       21,500.00    
  23712      801205642      STEED CHARLES LEE          4507 WILDWOOD CIRCLE       GRANBURY         TX      76049       41,250.00    
  23712      801208406      ROMERO JOSE J              77 YARNELL STREET          BRENTWOOD        NY      11717       99,000.00    
  23712      801212945      COLEMAN FREDDIE J          4708 WEST SUMMERALL ROAD   PLANT CITY       FL      33567       63,750.00    
  23712      801213067      BUZZEO JESSE C             10 TRAILING RIDGE ROAD     BROOKFIELD       CT      06804       71,400.00    
  23712      801214206      FUSCO JAMES                47 ROBERTS ROAD            SHIRLEY          NY      11967       98,600.00    
  23712      801214230      SNIDER CYNTHIA             337 RACETRACK RD           ELLOREE          SC      29047       66,300.00    
  23712      801215187      HESS RODERICK J            424 SIXTH STREET           OAKMONT          PA      15139       73,600.00    
  23712      801216284      DANIELS EDIE R             130 HAMILTON AVENUE        MENLO PARK       CA      94025       60,000.00    
  23712      801216482      CARPENTER R J              374 EAST VERDE LANE        PHOENIX          AZ      85012       31,950.00    
  23712      801224122      SULSONA JENNIFER L         3732 MURROW STREET         NEW PORT RI      FL      34655       46,800.00    
  23712      801224692      PICKETT TERRY              265 267 RAILROAD AVENUE    SCRANTON         PA      18505      103,275.00    
  23712      801225772      PERALES GERARD J SR        151 WEST 13TH ST           HOLLAND          MI      49423       48,900.00    
  23712      801226275      PAINTER RICKEY             1608 FIRST STREET          NEWBERRY         SC      29108       30,100.00    
  23712      801227059      OUTLER MACK                2670 CROSSCREEK DRIVE      AUGUSTA          GA      30906       62,815.00    
  23712      801227091      HUDSON KIMBERLY            14612 14 STRATHMORE        E CLEVELAND      OH      44112       59,400.00    
  23712      801227786      LEWIS EARNEST              3558 CHERRY HILL DRIVE     ORLANDO          FL      32822       16,340.00    
  23712      801227992      SMITH JUNE A               915 NORTH STREEPER STREET  BALTIMORE        MD      21205       36,800.00    
  23712      801228008      JACKSON WILLIAM A          5414 ILEX AVE              LOUISVILLE       KY      40213       44,100.00    
  23712      801228610      PERRIN KATHY A             7450 40TH TERRACE NORTH    SAINT PETER      FL      33709       11,000.00    
  23712      801228875      STAPLETON SUSAN LEE        RR 3 BOX 82                SALTSBURG        PA      15681       19,000.00    
  23712      801229550      DOZIER ELEANOR BETTY       1442 SOUTH LINCOLN STREET  DENVER           CO      80210       11,000.00    
  23712      801230061      WATKINS JOHN A JR          17343 SANTA BARBARA        DETROIT          MI      48221       56,500.00    
  23712      801230202      ROBINSON SALLIE M          12628 30 EDMONTON AVE      CLEVELAND        OH      44108       54,000.00    
  23712      801230244      VANDERBILT KATHLEEN        1065 DRYDEN ROAD           ITHACA           NY      14850       74,800.00    
  23712      801230574      PLASKI MARY JANE           3 NORTH WALNUT STREET      MASONTOWN        PA      15461       43,000.00    
  23712      801230921      NIGN JAMES D               11810 BOWER ROAD           MINERVA          OH      44657      116,800.00    
  23712      801231259      PEREZ JORGE L              1215 SOUTHEAST 30TH STREET CAPE CORAL       FL      33904       74,700.00    
  23712      801231929      CURTIS DONALD O            565 ELIZABETH STREET       LARGO            FL      33770       67,200.00    
  23712      801232505      OMIER SHEDRACK             11611 NORTHWEST 12TH AVE   MIAMI            FL      33168       70,400.00    
  23712      801233313      FARLEY LORIANNE R          4543 4545 E FLETCHER AVE   INDIANAPOLI      IN      46203       33,750.00    



<CAPTION>


               Cut-off Date    First                                                  Original     Current    Scheduled
                Principal     Payment       Maturity       Rem           Date           LTV       Mortgage     Payment
 Account         Balance       Date           Date         Term          Due           Ratio        Rate      Int & Prin
- ------------------------------------------------------------------------------------------------------------------------
 <S>            <C>          <C>            <C>           <C>          <C>             <C>       <C>            <C>

 801111774      199,697.84   11/01/98       10/01/13      179.00       12/01/98        49.2       14.900      2,785.49
 801124942       16,500.00   11/01/98       10/01/13      179.00       12/01/98        75.0        9.500        172.30
 801131996       32,250.00   11/09/98       10/09/13      179.24       11/09/98        75.0       12.350        340.44
 801132705       33,997.84   10/01/98       09/01/13      178.00       12/01/98        82.2       12.400        360.23
 801136045      210,280.00   12/04/98       11/04/13      180.10       12/04/98        84.7        8.750      1,654.27
 801150160       30,978.00   11/20/98       10/20/13      179.61       11/20/98        85.8       12.400        380.07
 801151382      194,800.00   12/12/98       11/12/28      360.36       12/12/98        88.5       10.400      1,767.36
 801156159       16,000.00   12/06/98       11/06/18      240.16       12/06/98        80.0       12.600        182.91
 801156597       22,400.00   11/02/98       10/02/18      239.01       11/02/98        80.0        9.875        214.31
 801159583       19,206.11   09/11/98       08/11/18      237.30       12/11/98        85.0       12.400        217.35
 801161506       33,471.00   11/26/98       10/26/13      179.80       11/26/98        79.9       13.250        429.01
 801168717       53,750.00   12/01/98       11/01/13      180.00       12/01/98        83.0       11.200        617.69
 801174210       28,000.00   12/07/98       11/07/18      240.20       12/07/98        80.0       12.100        310.26
 801185034       50,800.00   12/06/98       11/06/28      360.16       12/06/98        80.0       11.350        497.26
 801185695       38,521.95   01/01/99       12/01/18      241.00       03/01/99        89.8       10.400        382.84
 801187147       57,700.00   12/12/98       11/12/18      240.36       12/12/98        84.9        9.400        534.08
 801187717       25,350.00   12/12/98       11/12/18      240.36       12/12/98        85.0       11.100        263.39
 801188582       28,000.00   12/09/98       11/09/13      180.26       12/09/98        70.0        9.000        225.29
 801188640       25,000.00   12/09/98       11/09/18      240.26       12/09/98        53.1        9.000        224.93
 801190513      122,500.00   12/09/98       11/09/28      360.26       12/09/98        67.3        7.500        856.54
 801190778      150,000.00   12/12/98       11/12/13      180.36       12/12/98        73.1        8.000      1,433.48
 801192402       11,000.00   12/12/98       11/12/13      180.36       12/12/98        79.8       13.100        139.90
 801194135       64,000.00   12/10/98       11/10/28      360.30       12/10/98        80.0       12.600        688.01
 801195058       27,900.00   12/12/98       11/12/13      180.36       12/12/98        90.0        9.900        298.11
 801195827       52,000.00   12/09/98       11/09/13      180.26       12/09/98        80.0        9.750        446.76
 801196098       22,558.00   01/01/99       12/01/13      181.00       01/01/99        76.7       12.600        242.50
 801196262       91,800.00   12/06/98       11/06/28      360.16       12/06/98        85.0        8.750        722.19
 801197278       27,200.00   12/06/98       11/06/13      180.16       12/06/98        80.0       11.650        320.35
 801200486      199,750.00   12/06/98       11/06/13      180.16       12/06/98        85.0        8.250      1,500.66
 801201989       69,000.00   01/01/99       12/01/28      361.00       01/01/99        79.3        8.500        530.55
 801203977       15,000.00   01/01/99       12/01/13      181.00       01/01/99        51.3        9.000        152.14
 801204660       21,500.00   11/26/98       10/26/13      179.80       11/26/98        89.3       11.300        248.43
 801205642       41,250.00   01/01/99       12/01/18      241.00       01/01/99        75.0       14.100        515.95
 801208406       99,000.00   11/16/98       10/16/28      359.47       11/16/98        90.0       11.050        946.54
 801212945       63,750.00   12/01/98       11/01/18      240.00       12/01/98        75.0        9.750        604.68
 801213067       71,400.00   12/02/98       11/02/13      180.03       12/02/98        64.9       10.850        671.88
 801214206       98,600.00   11/27/98       10/27/28      359.84       11/27/98        85.0       12.050      1,018.01
 801214230       66,300.00   12/06/98       11/06/28      360.16       12/06/98        85.0       11.750        669.24
 801215187       73,600.00   12/09/98       11/09/13      180.26       12/09/98        80.0        8.850        584.28
 801216284       60,000.00   12/01/98       11/01/18      240.00       12/01/98        67.3       11.850        654.39
 801216482       31,950.00   01/01/99       12/01/18      241.00       01/01/99        85.0       11.100        331.96
 801224122       46,800.00   12/05/98       11/05/28      360.13       12/05/98        90.0       10.150        415.90
 801224692      102,620.60   12/06/98       11/06/28      360.16       01/06/99        85.0       11.990      1,061.50
 801225772       48,900.00   11/28/98       10/28/13      179.87       11/28/98        89.7       10.400        537.51
 801226275       30,100.00   12/04/98       11/04/13      180.10       12/04/98        84.8       11.250        346.86
 801227059       62,815.00   12/02/98       11/02/28      360.03       12/02/98        85.0       10.400        569.90
 801227091       59,400.00   12/03/98       11/03/28      360.07       12/03/98        90.0       10.650        550.03
 801227786       16,340.00   12/12/98       11/12/13      180.36       12/12/98        80.0       12.600        202.46
 801227992       36,800.00   12/02/98       11/02/18      240.03       12/02/98        80.0        7.750        302.11
 801228008       44,100.00   12/01/98       11/01/28      360.00       12/01/98        90.0       10.650        408.35
 801228610       11,000.00   12/01/98       11/01/08      120.00       12/01/98        78.4        9.950        145.06
 801228875       19,000.00   12/03/98       11/03/13      180.07       12/03/98        76.5       11.100        217.15
 801229550       11,000.00   12/01/98       11/01/13      180.00       12/01/98        53.9        9.600        115.53
 801230061       56,500.00   12/09/98       11/09/13      180.26       12/09/98        69.7        8.500        434.44
 801230202       54,000.00   12/09/98       11/09/28      360.26       12/09/98        77.1        8.400        411.39
 801230244       74,800.00   12/12/98       11/12/28      360.36       12/12/98        85.0        8.900        596.48
 801230574       43,000.00   12/09/98       11/09/13      180.26       12/09/98        83.4        9.150        350.64
 801230921      116,800.00   12/02/98       11/02/13      180.03       12/02/98        80.0        7.900        848.91
 801231259       74,700.00   12/09/98       11/09/13      180.26       12/09/98        90.0        8.590        579.15
 801231929       67,200.00   12/01/98       11/06/28      360.00       12/06/98        80.0       11.600        670.61
 801232505       70,400.00   12/06/98       11/06/13      180.16       12/06/98        80.0       11.850        716.02
 801233313       33,750.00   11/23/98       10/23/28      359.70       11/23/98        75.0       10.850        317.59

</TABLE>

<PAGE>

<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 6
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98
                                                                                                                       Principal
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
  <S>        <C>            <C>                        <C>                        <C>              <C>     <C>         <C>
  23712      801233354      SAXER APRIL                70 WHITEWOOD STREET        HOMOSASSA        FL      34446       11,818.00    
  23712      801233438      EDWARDS ALVIN L            1 BOXER COURT              HUNTINGTON       NY      11743       43,000.00    
  23712      801233503      FARLEY LORIANNE R          4535 4537 E FLETCHER AVE   INDIANAPOLI      IN      46203       33,750.00    
  23712      801233560      FARLEY LORRIANNE           4547 4549 E FLETCHER       INDIANAPOLI      IN      46201       40,500.00    
  23712      801233966      HACKER BARBARA             4747 1/2 HAINES ROAD       SAINT PETER      FL      33714       35,000.00    
  23712      801234345      JOHNSON JAMES L III        3130 W 61ST ST             INDIANAPOLI      IN      46228       68,850.00    
  23712      801235193      SPESERT A GERALDINE        2554 WEST 6000 STREET      ROY              UT      84067       28,500.00    
  23712      801235466      BRADY ROBERT JOHN JR       7092 FERN LANE             MIDDLETOWN       MD      21769      118,400.00    
  23712      801235649      RYALS CHERYL L             6401 BEAUMONT LANE         HOMOSASSA        FL      34448       10,000.00    
  23712      801235748      GEER ROBERT W              1029 1031 W 2ND AVE        DAYTON           OH      45403       35,000.00    
  23712      801236191      BYRD CORELL                1275 HIGHLAND STREET       SARASOTA         FL      34234       11,800.00    
  23712      801236308      STILES MARY E              5289 100TH WAY NORTH       ST PETERSBU      FL      33708       55,000.00    
  23712      801236902      DARCO ANTHONY              28 N COLORADO AVE          INDIANAPOLI      IN      46219       53,200.00    
  23712      801238254      BERKERY THOMAS J           1 HUCKLEBERRY LANE         WINDHAM          NY      12496       50,000.00    
  23712      801238445      MERENIVITCH ERMA J         771 LUCKY STREET           HOUSTON          TX      77088       73,800.00    
  23712      801238551      CLASSY CARMEN M            7031 SYMPHONY LANE         SAN ANTONIO      TX      78214       98,800.00    
  23712      801238767      JONES LARONDA C            458 MAJORITY ROAD          ORANGEBURG       SC      29118       55,250.00    
  23712      801239104      PROZY SUE ANNE             1919 TRIUMPH AVENUE        LAKE MILTON      OH      44429       38,500.00    
  23712      801240458      ENNIS ALFRED L             1444 GEORGIA AVENUE        DUNEDIN          FL      34698       45,900.00    
  23712      801240722      POU LUIS A                 7924 WINTER SONG DRIVE     ORLANDO          FL      32825       75,000.00    
  23712      801240854      GORMSEN TONI LYNNE         5A ROOSEVELT STREET        GREENLAWN        NY      11740      144,000.00    
  23712      801240953      GAY RANDELL E              2852 67TH STREET NORTH     SAINT PETER      FL      33710       30,000.00    
  23712      801241191      FORD ANTHONY               3593 E 113TH ST            CLEVELAND        OH      44105       27,200.00    
  23712      801241316      DILLON THOMAS W            57 SMITH ROAD              RIDGE            NY      11961      110,400.00    
  23712      801241431      WALKER SAMELLA D           3432 W FLOURNOY            CHICAGO          IL      60624      108,000.00    
  23712      801241571      BOULET PAUL NORBET         6413 BAYLOR AVENUE         KEYSTONE HE      FL      32656       26,250.00    
  23712      801241647      SHUBERT JOHN D             2210 WEST SUNRISE STREET   LECANTO          FL      34461      131,400.00    
  23712      801242025      BROWN STEVEN               7930 DELLWOOD AVENUE       LANHAM           MD      20706      104,400.00    
  23712      801242488      VARRONE DANIEL V           30655 COUNTY RD H          CORTEZ           CO      81321      135,000.00    
  23712      801242553      VALDEZ AGUSTIN             306 WEST CEVALLOS          SAN ANTONIO      TX      78204       53,100.00    
  23712      801242793      PRINCE ALICE FAYE          6731 EDGEMERE DRIVE        TEMPLE HILL      MD      20748      137,600.00    
  23712      801242884      DAVIS RONALD               7052 SUSQUEHANNA DRIVE     TOBYHANNA        PA      18466       35,000.00    
  23712      801243445      CRAWFORD JEAN              18052 WESTON RD            CLEVELAND        OH      44121       60,000.00    
  23712      801243544      ROBERTS JOSEPH E SR        5 HATTIES BOULEVARD        CENTURY          FL      32535       34,200.00    
  23712      801243759      DILLON THOMAS W            57 SMITH ROAD              RIDGE            NY      11961       33,600.00    
  23712      801243973      IBACH LARRY E              609 STEHMAN ROAD           LANCASTER        PA      17603      114,300.00    
  23712      801245028      BROWN WILLIAM M            5202 FERNPARK AVE          BALTIMORE        MD      21207       75,000.00    
  23712      801245101      BALENT MICHAEL R           258 BENNETT STREET         LUZERNE          PA      18709       84,000.00    
  23712      801245143      VITALE NINA M              1535 WOODROW ROAD          STATEN ISLA      NY      10309       60,000.00    
  23712      801245440      THOMAS DANIEL K            121 EAST WHITLOCK AVENUE   SALT LAKE C      UT      84115       12,050.00    
  23712      801247107      LABOVICK DAVID J           2267 SHADY AVENUE          PITTSBURGH       PA      15217       21,000.00    
  23712      801247438      OZAWA TETSUO               802 BEAVER DAM ROAD        POCONO SUMM      PA      18346       60,000.00    
  23712      801247917      BOWENS RICHARD             127 N LINWOOD              INDIANAPOLI      IN      46201       68,400.00    
  23712      801248212      HANSON JAMES S             10301 ROBINHOOD CIRCLE     VILLA PARK       CA      92861       53,000.00    
  23712      801248527      RICHARDSON BEN             106 LEWIS ST               BEREA            KY      40403       53,100.00    
  23712      801248725      BIRDSONG JULIUS            3218 NATHAN                MEMPHIS          TN      38112       32,000.00    
  23712      801249483      QUEZON FRANCES E           1817 WATROUS AVENUE        TAMPA            FL      33606       99,891.00    
  23712      801249699      KRIS JEFFREY D             7233 MARIE AVENUE          TAMPA            FL      33614       49,500.00    
  23712      801249863      STAHL ARLENE G             RR 1 BOX 30 E              ORANGEVILLE      PA      17859      140,400.00    
  23712      801250283      RIVERA ANTONI0             112 LITTLE GROVE LANE      FORT MYERS       FL      33917       25,000.00    
  23712      801250382      AHRENS WILLIAM J           426 CYPRESS STREET         TARPON SPRI      FL      34689       15,251.00    
  23712      801250812      LANE WYLIE                 155 SOUTH 600 WEST         PROVO            UT      84601       22,033.00    
  23712      801251208      RINCON HIMELDA             181 DAKOTA AVENUE          BAYSHORE         NY      11706      121,000.00    
  23712      801251950      STEWART ELIN               4 AMHERST STREET           BAY SHORE        NY      11706      104,000.00    
  23712      801252321      SOULEYMANE SOUKOUNA        459 WEST 147TH STREET      NEW YORK         NY      10031      288,000.00    
  23712      801252800      WILKINSON GEORGE R JR      32 34 WILSON STREET        PROVIDENCE       RI      02907       61,200.00    
  23712      801252909      TAYLOR DEBRA FRANCINE      10 REGINA LANE             HENDERSON        NC      27536       77,250.00    
  23712      801253022      WOOD BESSIE M              107 ALINE STREET           LOUISVILLE       CO      80027       84,600.00    
  23712      801254137      SHERMAN WILLIAM            406 W CHURCH ST            NEWARK           OH      43055       43,500.00    
  23712      801254632      CLAXON JAMES W             5713 OSCAR ROAD            GREENWOOD        FL      32443       56,000.00    
  23712      801254673      MCQUINN BRYON J            7975 WINFIELD CIRCLE       ROME             NY      13440       28,000.00    
  23712      801254897      ATIEH ALI                  130 HALE ROAD              NORTH BABYL      NY      11703       42,500.00    
  
<CAPTION>

   
               Cut-off Date    First                                                  Original     Current    Scheduled
                Principal     Payment       Maturity       Rem           Date           LTV       Mortgage     Payment
 Account         Balance       Date           Date         Term          Due           Ratio        Rate      Int & Prin
- ------------------------------------------------------------------------------------------------------------------------
<S>           <C>            <C>            <C>           <C>          <C>             <C>       <C>            <C>
801233354      11,818.00     12/01/98       11/01/13      180.00       12/01/98        85.0       11.250        136.18
801233438      43,000.00     12/09/98       11/09/13      180.26       12/09/98        79.9       12.450        457.25
801233503      33,750.00     11/23/98       10/23/28      359.70       11/23/98        75.0       10.850        317.59
801233560      40,500.00     11/23/98       10/23/28      359.70       11/23/98        75.0       10.850        381.11
801233966      35,000.00     12/04/98       11/04/13      180.10       12/04/98        74.4       10.100        378.26
801234345      68,850.00     11/28/98       10/28/13      179.87       11/28/98        85.0       11.850        700.26
801235193      28,500.00     12/03/98       11/03/13      180.07       12/03/98        79.4        9.150        232.40
801235466     118,400.00     12/02/98       11/02/13      180.03       12/02/98        80.0        7.900        860.54
801235649      10,000.00     12/12/98       11/12/08      120.36       12/12/98        44.4        9.900        131.60
801235748      35,000.00     11/21/98       10/21/28      359.64       11/21/98        70.0       10.100        309.74
801236191      11,800.00     12/01/98       11/01/13      180.00       12/01/98        77.4        9.450        122.86
801236308      55,000.00     12/01/98       11/01/28      360.00       12/01/98        68.7        8.950        440.57
801236902      53,200.00     12/05/98       11/05/28      360.13       12/05/98        70.0       11.450        524.81
801238254      50,000.00     12/12/98       11/12/13      180.36       12/12/98        69.4       10.950        474.27
801238445      73,800.00     12/01/98       11/01/28      360.00       12/01/98        90.0       10.150        655.84
801238551      98,800.00     01/01/99       12/01/28      361.00       01/01/99        77.4        8.900        787.87
801238767      55,250.00     12/10/98       11/10/13      180.30       12/10/98        85.0       10.150        598.80
801239104      38,500.00     12/09/98       11/09/13      180.26       12/09/98        77.0       10.350        422.01
801240458      45,900.00     12/09/98       11/09/13      180.26       12/09/98        90.0        9.900        490.44
801240722      75,000.00     12/02/98       11/02/28      360.03       12/02/98        75.0       11.350        734.15
801240854     144,000.00     12/06/98       11/06/28      360.16       12/06/98        90.0       10.650      1,333.40
801240953      30,000.00     12/01/98       11/01/18      240.00       12/01/98        79.9       11.850        327.19
801241191      27,200.00     12/04/98       11/04/13      180.10       12/04/98        80.0        9.900        236.69
801241316     110,400.00     12/12/98       11/12/18      240.36       12/12/98        69.0        7.190        868.57
801241431     108,000.00     11/23/98       10/23/28      359.70       11/23/98        73.4        8.750        849.64
801241571      26,250.00     11/27/98       10/27/13      179.84       11/27/98        75.0       12.000        315.04
801241647     131,400.00     12/04/98       11/04/28      360.10       12/04/98        90.0       10.400      1,192.15
801242025     104,400.00     12/04/98       11/04/28      360.10       12/04/98        80.0       12.850      1,142.64
801242488     135,000.00     12/09/98       11/09/18      240.26       12/09/98        75.0       11.000      1,393.45
801242553      53,100.00     01/01/99       12/01/28      361.00       01/01/99        90.0       10.650        491.69
801242793     137,600.00     12/01/98       11/01/13      180.00       12/01/98        80.0        7.750        985.78
801242884      34,865.54     12/02/98       11/02/13      180.03       01/02/99        65.8        9.990        306.89
801243445      60,000.00     12/10/98       11/10/28      360.30       12/10/98        83.3        8.650        467.74
801243544      34,200.00     12/03/98       11/03/13      180.07       12/03/98        85.5        8.900        344.85
801243759      33,600.00     12/12/98       11/12/18      240.36       12/12/98        90.0        9.190        306.43
801243973     114,189.50     12/02/98       11/02/28      360.03       12/02/98        90.0        9.400        952.77
801245028      74,684.28     12/04/98       11/04/13      180.10       01/04/99        71.4        8.250        563.45
801245101      84,000.00     12/10/98       11/10/18      240.30       12/10/98        79.6        8.150        710.47
801245143      60,000.00     12/01/98       11/01/18      240.00       12/01/98        66.5        8.600        524.50
801245440      12,050.00     01/01/99       12/01/13      181.00       01/01/99        85.0       11.600        141.53
801247107      20,866.75     12/04/98       11/04/13      180.10       01/04/99        89.8        9.900        224.38
801247438      60,000.00     12/09/98       11/09/28      360.26       12/09/98        43.1       10.600        553.33
801247917      68,400.00     12/01/98       11/01/28      360.00       12/01/98        90.0       10.250        612.93
801248212      53,000.00     01/01/99       12/01/13      181.00       01/01/99        90.0       10.400        582.58
801248527      53,100.00     12/09/98       11/09/18      240.26       12/09/98        90.0       10.400        526.58
801248725      31,736.71     12/02/98       11/02/28      360.03       01/02/99        80.0       10.000        280.82
801249483      99,891.00     12/02/98       11/02/13      180.03       12/02/98        79.9       11.950      1,195.65
801249699      49,500.00     12/04/98       11/04/13      180.10       12/04/98        75.0       10.700        553.33
801249863     140,400.00     12/06/98       11/06/28      360.16       12/06/98        90.0        9.900      1,221.75
801250283      25,000.00     12/09/98       11/09/13      180.26       12/09/98        27.7        9.570        262.11
801250382      15,251.00     12/04/98       11/04/13      180.10       12/04/98        80.0       10.250        166.23
801250812      22,033.00     01/01/99       12/01/13      181.00       01/01/99        84.8       11.850        262.31
801251208     121,000.00     12/02/98       11/02/13      180.03       12/02/98        89.6       10.150      1,075.30
801251950     104,000.00     12/13/98       11/13/13      180.39       12/13/98        80.0       12.600      1,118.02
801252321     288,000.00     12/05/98       11/05/13      180.13       12/05/98        90.0       10.350      2,602.21
801252800      61,200.00     12/04/98       11/04/13      180.10       12/04/98        85.0       11.600        610.73
801252909      77,250.00     12/04/98       11/04/18      240.10       12/04/98        75.0       14.100        966.24
801253022      84,600.00     01/01/99       12/01/13      181.00       01/01/99        89.9       10.650     71,059.99
801254137      43,500.00     12/01/98       11/01/28      360.00       12/01/98        75.0        9.850        376.93
801254632      56,000.00     12/06/98       11/06/28      360.16       12/06/98        74.9       10.750        522.75
801254673      28,000.00     01/01/99       12/01/13      181.00       01/01/99        79.3       12.600        346.93
801254897      42,500.00     12/03/98       11/03/08      120.07       12/03/98        89.6       11.250        591.47
</TABLE>


<PAGE>

<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 7
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98
                                                                                                                       Principal
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
  <S>        <C>            <C>                        <C>                        <C>              <C>     <C>         <C>
  23712      801255779      STARKEY DAMIAN             2106 CHURCH ROAD           MOUNTAIN TO      PA      18707       65,600.00    
  23712      801257411      WENTWORTH RUSSELL J        18220 MARTINGALE ROAD      MONUMENT         CO      80132       95,000.00    
  23712      801257775      RAY VESTA L                1005 NORTH CYPRESS         GILMER           TX      75644       28,000.00    
  23712      801257809      DONG HAI THI               503 A B GEMINI COURT       ARLINGTON        TX      76011       54,400.00    
  23712      801258740      RAY CURLEY                 515 9TH STREET SE          WASHINGTON       DC      20003       65,000.00    
  23712      801258906      TULLY DEBORAH C            16921 LAKE CHRISTIANA CRT  TALLAHASSEE      FL      32310       84,000.00    
  23712      801259110      BISCEGLIA SAMANTHA A       5544 CAPE LEYTE            SARASOTA         FL      34242      109,223.00    
  23712      801259748      DAVIS JAMES                1417 SOUTH AVENUE C        PORTALES         NM      88130       42,500.00    
  23712      801264714      BURNS EMMA J               6931 S JUSTINE             CHICAGO          IL      60636       59,500.00    
  23712      801264888      HARRIS CARROLL B           3106 SOUTHEAST 17TH AVENUE CAPE CORAL       FL      33904      130,050.00    
  23712      801266180      BRADNER JASPER S JR        176 GREEN VALLEY ROAD      HARDY            VA      24101       85,000.00    
  23712      801267113      COGAN BRYAN                657 PLAZA LAREDO           LAKE HAVASU      AZ      86406       35,000.00    
  23712      801267287      RANA SWARANJIT             7 RICHARD COURT            LAKE GROVE       NY      11755       60,000.00    
  23712      801270109      BARRIENTES BRIDIGIDO       83 MAIN ST                 LEIPSIC          OH      45856       59,200.00    
  23712      801271990      HALL DUWAYNE F             2822 ECCLES AVENUE         OGDEN            UT      84403       52,080.00    
  23712      801275413      MANIGAULT IRA A            3995 PALOVERDE DRIVE       KENNESAW         GA      30144       18,000.00    
  23712      801275645      CRAMER GEORGE J            730 LANDIS STREET          SCRANTON         PA      18504       24,000.00    
  23712      801275835      HARRIS DELORES P           8309 EL PORTAL WAY         TAMPA            FL      33604       61,000.00    
  23712      801276213      DAVANZO LOUIS              6 SYLVIA WAY               PURDYS           NY      10578      147,050.00    
  23712      801277831      HERCULE ERNST              98 NORTH 18TH STREET       WYANDANCH        NY      11798       82,400.00    
  23712      801278748      CARROL JAMES W             309 FARM  ST               ITHACA           NY      14850       40,400.00    
  23712      801279274      POSTIGLIONE DONALD         4648 JERRILYNN COURT       NEW PORT R       FL      34653       75,000.00    
  23712      801279951      BOLTE PHILLIS C            7494 ABINGTON WAY          BROOKSVILLE      FL      34613       22,800.00    
  23712      801280348      ROLLINGS RICHARD L         934 LASALLE STREET         LOUISVILLE       CO      80027       40,250.00    
  23712      801281254      SPARKS AC JAMES            111 SUMMITT STREET         MARTINSVILL      VA      24112       59,500.00    
  23712      801287095      PHILLIPS SIMONE C          812 LAUFER STREET          BETHLEHEM        PA      18015       37,500.00    
  23712      801288044      BRISTER ROSE               146 24 227TH STREET        ROSEDALE         NY      11422      234,000.00    
  23712      801295379      REEVES RICHARD A           217 NORTH MORRIS STREET    MESA             AZ      85201       37,500.00    
  23712     8000040058      LAFLEUR STANLEY            201 BRADLEY ST             SCOTT            LA      70583       51,600.00    
  23712     8000041916      JOYNER GENEVA              8760 MARY LANE             JESSUP           MD      20794      170,000.00    
  23712     8000046410      ELLIS JOHN                 2142 GOLD KEY ESTATES      MILFORD          PA      18337       61,500.00    
  23712     8000046600      FLETCHER TIMOTHY A         20200 ALGER STREET         ST CLAIR S       MI      48080       11,000.00    
  23712     8000051014      ROBERTS GEORGE             308 OLD ROUTE 304          NEW CITY         NY      10956       62,700.00    
        -----------------------------------------------                                                            -----------------
                   179      Sale Total                                                                             11,889,507.00    

  23734      801180886      GREGORY JOE L              20 MORSE AVENUE            EAST ORANGE      NJ      07017       93,000.00    
  23734     8000027642      CROCITTO FRANK A           167 COOPER ST              LAKE GEORGE      NY      12845       14,000.00    
  23734     8000028483      WELCH MARGARET             7140 PREMONT 12            CORPUS CHRI      TX      78414       54,700.00    
  23734     8000029069      EVANS RONALD B             2772 MYRA ST               JACKSONVILL      FL      32205       62,400.00    
  23734     8000032295      JOHNSON JOHNNY             4123 BETHEL CHAPEL RD      LORIS            SC      29569       49,700.00    
  23734     8000033707      PARKER STEPHEN             3057 CROWDER CREEK RD      CARTHAGE         MS      39051       14,800.00    
  23734     8000033988      FRALICK PAMELA M           121 SOUTH 3RD STREET       ILION            NY      13357       29,400.00    
  23734     8000035785      TRIMBLE JOHN               2511 RT 1559               STAMBAUGH        KY      41257       46,000.00    
  23734     8000035876      DAVIES HAROLD              104 AUTUMN DRIVE           EARLY            TX      76802       60,000.00    
  23734     8000037302      LIVELY BETTY               2729 TRION HWY             LAFAYETTE        GA      30728       16,100.00    
  23734     8000037740      MASON ROBERT D JR          614 E MISSOURI             CLEO SPRING      OK      73729       21,400.00    
  23734     8000039910      METCALF JIMMY              627 KENNEDY ST             JACKSON          MI      49202       35,000.00    
  23734     8000040553      GREUEL ARTHUR E            1222 SHERWOOD RD           HIGHLAND PA      IL      60035       60,000.00    
  23734     8000040579      CALERO JOSE A              7955 LAYTON ST             RANCHO CUCA      CA      91730       31,700.00    
  23734     8000040975      GROFF MATTHEW              10 MAY ST                  BINGHAMTON       NY      13905       40,000.00    
  23734     8000041478      CHAMPION RICKEY            157 BILLMORE BRANCH RD     NEON             KY      41840       72,200.00    
  23734     8000042559      BAGGETT MABLE              5515 W KAMERLING           CHICAGO          IL      60651       69,000.00    
  23734     8000042815      YETS CARY D.               730 WOODHOLLOW             BUFFALO GRO      IL      60089      188,700.00    
  23734     8000043441      WAX WILLIAM                4615 NORTHWOOD DR          BALTIMORE        MD      21239       53,200.00    
  23734     8000044134      SWAN CHARLES W             16127 ANCROFT CT           TAMPA            FL      33647      225,000.00    
  23734     8000045701      TUTEN DONALD F             5309 MORGAN HORSE DR N     JACKSONVILL      FL      32257       14,500.00    
  23734     8000046188      ROGERS ANTHONY D           2351 E STATE RD            PORT CLINTO      OH      43452       56,000.00    
  23734     8000046519      HOLLAND TEDDY RONALD       816 OLD ELKTON PIKE        FAYETTEVILL      TN      37334       49,700.00   
  23734     8000047004      NARRO LAWRENCE R           351 WEXFORD DR             LEMONT           IL      60439       47,700.00    
  23734     8000048515      WISE ROBERT DALE           930 CHURCHILL              WEST PALM B      FL      33405       26,400.00    
  23734     8000049513      GRZELKA MICHAEL J          5704 S W MARTIN COMMONS WY PALM CITY        FL      34990       31,000.00    
  23734     8000050081      GREIFENKAMP ROXANNE        402 N SECOND AVE           VILLA PARK       IL      60181      127,000.00    
  
<CAPTION>

   
                 Cut-off Date    First                                                  Original     Current    Scheduled
                  Principal     Payment       Maturity       Rem           Date           LTV       Mortgage     Payment
   Account         Balance       Date           Date         Term          Due           Ratio        Rate      Int & Prin
- --------------------------------------------------------------------------------------------------------------------------

  <S>            <C>            <C>            <C>           <C>          <C>             <C>        <C>         <C>
  801255779       65,600.00     12/04/98       11/04/13      180.10       12/04/98        84.8        9.790        696.54
  801257411       95,000.00     01/01/99       12/01/13      181.00       01/01/99        58.0        9.850        823.18
  801257775       27,998.23     01/01/99       12/01/28      361.00       03/01/99        80.0       12.850        306.46
  801257809       54,400.00     12/01/98       11/01/18      240.00       12/01/98        85.0       12.100        602.79
  801258740       65,000.00     12/01/98       11/01/13      180.00       12/01/98        65.0       10.600        599.45
  801258906       84,000.00     12/09/98       11/09/28      360.26       12/09/98        75.0       10.750        784.12
  801259110      109,223.00     12/10/98       11/10/13      180.30       12/10/98        85.0       10.850      1,027.79
  801259748       42,500.00     01/01/99       12/01/28      361.00       01/01/99        85.0       12.350        448.64
  801264714       59,500.00     12/04/98       11/04/13      180.10       12/04/98        85.0       10.750        555.42
  801264888      130,050.00     12/12/98       11/12/28      360.36       12/12/98        85.0        9.900      1,131.68
  801266180       85,000.00     12/09/98       11/09/28      360.26       12/09/98        85.0       11.500        841.75
  801267113       35,000.00     12/01/98       11/01/13      180.00       12/01/98        84.6       11.400        343.94
  801267287       60,000.00     12/12/98       11/12/13      180.36       12/12/98        84.5       11.350        587.32
  801270109       59,200.00     12/09/98       11/09/28      360.26       12/09/98        80.0       11.950        606.66
  801271990       52,080.00     01/01/99       12/01/28      361.00       01/01/99        62.0        9.500        437.92
  801275413       18,000.00     12/03/98       11/03/13      180.07       12/03/98        69.3        9.750        190.69
  801275645       24,000.00     12/01/98       11/01/13      180.00       12/01/98        80.0       10.850        270.53
  801275835       61,000.00     12/12/98       11/12/13      180.36       12/12/98        84.7        8.900        615.08
  801276213      147,050.00     12/06/98       11/06/28      360.16       12/06/98        84.5       11.500      1,456.22
  801277831       82,400.00     12/06/98       11/06/13      180.16       12/06/98        80.0       11.350        806.58
  801278748       40,400.00     12/06/98       11/06/13      180.16       12/06/98        80.7       10.150        359.03
  801279274       75,000.00     12/09/98       11/09/28      360.26       12/09/98        75.7       10.450        683.25
  801279951       22,800.00     12/12/98       11/12/18      240.36       12/12/98        80.0       11.350        240.79
  801280348       40,250.00     01/01/99       12/01/13      181.00       01/01/99        79.9       10.650        448.67
  801281254       59,500.00     12/12/98       11/12/13      180.36       12/12/98        85.0       12.100        616.61
  801287095       37,500.00     12/12/98       11/12/28      360.36       12/12/98        63.5       11.100        359.96
  801288044      234,000.00     12/09/98       11/09/13      180.26       12/09/98        90.0       10.250      2,096.88
  801295379       37,500.00     12/01/98       11/01/13      180.00       12/01/98        75.0       10.250        336.04
 8000040058       51,600.00     12/02/98       11/02/28      360.03       12/02/98        75.8       10.640        477.41
 8000041916      170,000.00     12/12/98       11/12/28      360.36       12/12/98        84.5       10.600      1,567.78
 8000046410       61,500.00     12/03/98       11/03/28      360.07       12/03/98        76.8        9.600        521.62
 8000046600       11,000.00     12/02/98       11/02/18      240.03       12/02/98        87.2       10.250        107.98
 8000051014       62,362.77     12/04/98       11/04/13      180.10       12/04/98        41.8        7.750        590.18
 ---------------------------------                      -----------               ----------------------------------------
        179   11,880,042.08                                  256.07                       80.3       10.375    182,797.96

  801180886       93,000.00     11/28/98       10/28/28      359.87       11/28/98        74.4        9.150        758.36
 8000027642       14,000.00     11/28/98       10/28/18      239.87       11/28/98        75.0       12.250        156.60
 8000028483       54,700.00     12/03/98       11/03/28      360.07       12/03/98        75.9       11.500        541.69
 8000029069       62,400.00     11/13/98       10/13/28      359.38       12/13/98        80.0        9.110        507.03
 8000032295       49,700.00     12/03/98       11/03/28      360.07       12/03/98        70.0       10.310        447.58
 8000033707       14,800.00     11/01/98       10/01/13      179.00       12/01/98        78.1       13.000        187.26
 8000033988       29,400.00     12/01/98       11/01/18      240.00       12/01/98        70.0       11.250        308.48
 8000035785       46,000.00     12/01/98       11/01/13      180.00       12/01/98        89.3        8.300        447.60
 8000035876       60,000.00     12/12/98       11/12/13      180.36       12/12/98        80.0        7.710        563.39
 8000037302       15,980.91     11/27/98       10/27/13      179.84       12/27/98        84.7       10.810        181.08
 8000037740       21,400.00     11/19/98       10/19/13      179.57       11/19/98        64.8       10.060        230.75
 8000039910       34,836.86     11/22/98       10/22/13      179.67       01/22/99        43.7       10.310        382.78
 8000040553       59,725.12     11/09/98       10/09/18      239.24       12/09/98        31.7        8.150        507.48
 8000040579       31,586.94     11/23/98       10/23/18      239.70       12/23/98        89.9        9.900        303.81
 8000040975       40,000.00     11/27/98       10/27/18      239.84       11/27/98        74.0       10.790        407.17
 8000041478       72,200.00     11/23/98       10/23/18      239.70       11/23/98        84.9        8.360        620.19
 8000042559       68,840.70     11/09/98       10/09/18      239.24       12/09/98        55.2        7.460        554.17
 8000042815      188,700.00     12/01/98       11/01/28      360.00       12/01/98        85.0       11.400      1,854.30
 8000043441       53,200.00     12/03/98       11/03/18      240.07       12/03/98        69.0        8.150        449.97
 8000044134      223,627.80     11/27/98       10/27/28      359.84       12/27/98        90.0        9.050      1,818.50
 8000045701       14,500.00     11/27/98       10/27/13      179.84       11/27/98        89.9       12.240        176.27
 8000046188       56,000.00     11/21/98       10/21/28      359.64       11/21/98        80.0        8.650        436.56
 8000046519       49,700.00     12/01/98       11/01/13      180.00       12/01/98        64.9       12.300        606.11
 8000047004       47,596.84     12/09/98       11/09/18      240.26       02/09/99        87.2       11.360        504.09
 8000048515       26,400.00     12/01/98       11/01/18      240.00       12/01/98        80.7       13.100        311.18
 8000049513       31,000.00     12/01/98       11/01/18      240.00       12/01/98        84.2       12.310        348.06
 8000050081      126,881.84     11/28/98       10/28/28      359.87       01/28/99        80.8        9.560      1,073.45
</TABLE>
 

<PAGE>
<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 8
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98
                                                                                                                       Principal
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
  <S>        <C>            <C>                        <C>                        <C>              <C>     <C>         <C>
  23734     8000050461      MATEJKA DAVID              3822 S RIDGELAND AVE       BERWYN           IL      60402       50,000.00    
  23734     8000050610      ORTIZ LISA                 124 ELM AVE                GLEN COVE        NY      11542      120,000.00    
  23734     8000051592      TAWROSZA JOHN FRANK        5957 WHITEHAVEN DR         GALLAWAY         OH      43919       21,300.00    
  23734     8000051758      RYDER ALBERT               39 SHADY AVENUE            WANAQUE          NJ      07420       87,000.00    
  23734     8000051931      HARVILLE CHARLES ALAN      205 WILSON DAMN AVE        SHEFFIELD        AL      35660       32,500.00    
  23734     8000052897      MICHOLIC GERALD P          1020 TALLESSE TRAIL        GREENSBORO       GA      30642       35,900.00    
  23734     8000053127      DIVITO NANCY C             2715 S CLARENCE AVENUE     BERWYN           IL      60402      117,000.00    
  23734     8000054943      RAWLINS SANDRA             82 RAINTREE                IRVINE           KY      40336       48,000.00    
  23734     8000055288      THOMPSON DAVID W           2830 KENT LANE             CONWAY           AR      72032       18,900.00    
  23734     8000055536      MCFARLAND CHARLES L        2209 W THOME               CHICAGO          IL      60659       35,000.00    
  23734     8000056096      NOTRE SHERLEY A            123 S 15TH AVE             MAYWOOD          IL      60153       53,100.00    
  23734     8000058050      LEE OLA                    14 ACKERS ALLEY            SELMA            AL      36701       19,500.00    
  23734     8000058274      FALTER ROY H JR            513 N 6TH ST               ELKSVILLE        IL      62932       22,000.00    
  23734     8000058746      SHAFFER RICHARD D          707 S WASHINGTON SW        CLAY CITY        IL      62824       39,900.00    
  23734     8000058845      WHEATON RICHARD            1245 CLOVER AVE            ROCKFORD         IL      61102       46,800.00    
  23734     8000059652      GUINAND MARIA PIEDAD       5120 CASTILE WAY SOUTH     ST PETERSBU      FL      33712       71,100.00    
  23734     8000062771      LITTLE TAMMY A             353 S 14TH ST              HARRISBURG       PA      17104       31,900.00    
        -----------------------------------------------                                                            -----------------
                    44      Sale Total                                                                              2,438,500.00   

  23762      801115643      GRADY MILTON               1016 CHARING CROSS LANE    HIGH POINT       NC      27260       65,600.00    
  23762      801203134      HACKETT WANDA LOUISE       3113 EAST CHERRY STREET    SEATTLE          WA      98122      149,000.00    
  23762      801241605      DAVIS FRANK                4039 DOUBLE TREE RD        MEMPHIS          TN      38109       30,000.00    
  23762      801243726      HILL JUDITH A              15348 ARTESIAN             DETROIT          MI      48223      110,200.00    
  23762      801257882      SMITH MICHAEL S            1349 64TH STREET           TURTLE LAKE      WI      54889       11,400.00    
  23762      801261942      HARMON MICHELLE            131 NORTH 200 WEST         HYRUM            UT      84319       65,000.00    
  23762     5100021368      WADDELL RICHARD N          58670 AIRPORT ROAD         VERNONIA         OR      97064      126,900.00    
  23762     5100022010      FUNK DIANA K               275 NORTH 26TH STREET      BATTLE CREE      MI      49015       43,200.00    
  23762     5100022176      REUTHER JAMES B            10357 W HIGGINS LAKE BOULE ROSCOMMON        MI      48627       28,500.00    
  23762     5100022598      KELLER DEVRA D             12517 LANSING AVENUE       LESLIE           MI      49251       37,700.00    
  23762     5100023018      HILL WILLIAM C             2161 WEST WILSON ROAD      CLIO             MI      48420       44,500.00    
  23762     5100023141      LEITCH LARRY D             1605 NE 49TH STREET        VANCOUVER        WA      98663       70,200.00    
  23762     5100023372      MAGUIRE ROBERT             12 VERBENA ROAD            BILLERICA        MA      01821       41,100.00    
  23762     5100023745      BUSH ROBERT D              611 HUMMINGBIRD CIRCLE     BOX ELDER        SD      57719       46,800.00    
  23762     5100023794      MODOS PATRICIA             2102 BIDDLE AVENUE         WYANDOTTE        MI      48192      119,800.00    
  23762     5100024057      MCCRUM DENNIS M            45 WEST NEWTON STREET UNIT BOSTON           MA      02118      291,700.00    
  23762     5100024511      GUNNELS LARRY J            8921 47TH STREET WEST      UNIVERSITY       WA      98466      106,400.00    
  23762     5100024602      REDMAN MICHAEL J           225 PARKWAY COURT          GLADWIN          MI      48624       42,900.00    
  23762     5100024644      THOMPSON TIMOTHY N         401 SOUTH 7TH STREET       YAKIMA           WA      98901       55,700.00    
  23762     5100024685      WILLIAMS ROGER             3222 NORTHEAST 79TH AVENUE PORTLAND         OR      97213       45,600.00    
  23762     5100024743      ISAACSON JON E             4584 ALBERT COURTADE ROAD  TRAVERSE CI      MI      49686       24,700.00    
  23762     5100024750      BRINK JEFFREY A            173 THOMAS STREET          COLOMA           MI      49038       49,600.00    
  23762     5100024784      SKRMETTI SUSAN D           71 LAPSTRAKE COURT         MYSTIC           CT      06355       63,300.00    
  23762     5100024909      LAGALO BRENDA L            223 N BATES STREET         SAGINAW          MI      48602       29,200.00    
  23762     5100025252      THOMAS ROBERT FLOYD        32900 HAGGERTY DRIVE       ROSEVILLE        MI      48066       87,300.00    
  23762     5100025377      CARLSON RICHARD K          2208 18TH AVENUE SOUTH     FARGO            ND      58103       90,000.00    
  23762     5100025484      MCDOUGALD DANIEL J         465 CROSS STREET           BOYLSTON         MA      01505      141,400.00    
  23762     5100025948      RUSNESS DAVID G            1743 10TH STREET SOUTH     FARGO            ND      58103       76,900.00    
  23762     5100025971      JOY MARILYN L              619 NW KAY DRIVE           LEES SUMMIT      MO      64063       48,200.00    
  23762     5100025989      MARTIN REX D               9424 WOODWORTH ROAD        OVID             MI      48866       27,600.00    
  23762     5100025997      REGINA PATRICIA            308 MAPLE COURT            COPIAGUE         NY      11726       30,300.00    
  23762     5100026144      THIEL KATHY L              3945 HERMANSAU             SAGINAW          MI      48603       48,800.00    
  23762     5100026185      HART MICHAEL D             3808 BRONSON LAKE ROAD     LAPEER           MI      48446       32,400.00    
  23762     5100027001      O'SADCIA WILLIAM           27 GOFF STREET             HYDE PARK        MA      02136       39,900.00    
  23762     5100027340      GARCIA PRIMO F             55 MEADOW STREET           NORWALK          CT      06854       42,100.00    
  23762     5100027514      SHELTON VANESSA M          1315 NORTH COLLIER STREET  COQUILLE         OR      97423       57,500.00    
  23762     5100027779      BARTH TROY M               514 CENTER STREET SOUTH    WAHPETON         ND      58075       52,800.00    
  23762     5100028645      GILMAN KENNETH W           231 MCKAY ROAD             NEW BRAINTR      MA      01531       42,300.00    
  23762     5100028850      BALLARD LESLIE A           5059 PINECONE DRIVE        LAPEER           MI      48446      116,000.00    
  23762     5100028876      TUBANDT MARY E             418 EAST 1ST STREET        REDFIELD         SD      57469       28,500.00    
  23762     5100029015      TOMCZAK DANIEL J           421 MARSAC STREET          BAY CITY         MI      48708       20,000.00    
  23762     5100029049      ALEJANDRE CAMERINA         1108 WEST PINE STREET      WALLA WALLA      WA      99362       33,800.00    
  23762     5100029080      CHAPMAN BRYAN S            12749 SHAFFER ROAD         DAVISBURG        MI      48350      152,700.00    

<CAPTION>
 

                  Cut-off Date      First                                                 Original     Current      Scheduled
                   Principal       Payment       Maturity       Rem           Date          LTV       Mortgage       Payment
   Account          Balance         Date           Date         Term          Due          Ratio        Rate        Int & Prin
- ------------------------------------------------------------------------------------------------------------------------------

  <S>            <C>              <C>            <C>           <C>          <C>             <C>        <C>          <C>
  8000050461       49,739.07      12/01/98       11/01/18      240.00       01/01/99        45.8        8.650          438.67
  8000050610      120,000.00      12/01/98       11/01/18      240.00       12/01/98        55.8        8.150        1,014.96
  8000051592       21,300.00      12/03/98       11/03/13      180.07       12/03/98        89.9       11.550          249.50
  8000051758       87,000.00      12/05/98       11/05/18      240.13       12/05/98        69.6        8.820          772.72
  8000051931       32,500.00      11/28/98       10/28/28      359.87       11/28/98        46.4        9.210          266.43
  8000052897       35,900.00      11/28/98       10/28/13      179.87       11/28/98        90.0       11.550          420.52
  8000053127      117,000.00      12/01/98       11/01/18      240.00       12/01/98        88.6       11.150        1,219.63
  8000054943       48,000.00      12/01/98       11/01/18      240.00       12/01/98        80.0        7.710          392.87
  8000055288       18,900.00      12/01/98       11/01/18      240.00       12/01/98        89.9       11.150          197.02
  8000055536       35,000.00      12/02/98       11/02/18      240.03       12/02/98        53.8       11.000          361.27
  8000056096       53,100.00      12/01/98       11/01/18      240.00       12/01/98        90.0       10.550          531.92
  8000058050       19,500.00      12/04/98       11/04/28      360.10       12/04/98        81.2       12.000          200.58
  8000058274       22,000.00      12/01/98       11/01/18      240.00       12/01/98        75.8       11.250          230.84
  8000058746       39,900.00      12/10/98       11/10/13      180.30       12/10/98        85.8        9.300          411.84
  8000058845       46,800.00      12/09/98       11/09/18      240.26       12/09/98        90.0       10.110          455.05
  8000059652       71,100.00      12/06/98       11/06/18      240.16       12/06/98        80.7        8.800          630.59
  8000062771       31,900.00      11/26/98       10/26/13      179.80       11/26/98        55.9       13.050          404.66
  ---------------------------------                         ---------                     -----------------------------------
          44    2,435,816.08                                   275.08                       76.1        9.809       22,882.98

   801115643       65,600.00      12/03/98       11/03/13      180.07       12/03/98        80.0        9.000          665.36
   801203134      149,000.00      11/16/98       10/16/18      239.47       11/16/98        88.1       10.650        1,502.63
   801241605       30,000.00      11/28/98       10/28/08      119.87       11/28/98        65.2        9.950          395.62
   801243726      110,200.00      01/01/99       11/15/13      181.00       01/01/99        78.7       12.625        1,261.87
   801257882       11,349.75      12/01/98       10/21/08      120.00       12/01/98        88.6       10.375          141.23
   801261942       64,802.29      01/04/99       11/13/15      205.08       01/04/99        56.5       11.250          660.93
  5100021368      126,900.00      01/01/99       10/27/28      361.00       01/01/99        75.5       10.490        1,070.58
  5100022010       43,200.00      12/01/98       10/15/13      180.00       12/01/98        74.4        8.500          392.63
  5100022176       28,500.00      12/01/98       10/21/08      120.00       12/01/98        63.3        9.625          342.16
  5100022598       37,635.12      12/07/98       10/09/18      240.20       02/01/99        84.9       12.625          398.41
  5100023018       44,500.00      12/01/98       10/21/08      120.00       12/01/98        89.4       10.375          551.30
  5100023141       70,200.00      12/01/98       10/09/18      240.00       12/01/98        53.1       11.750          702.18
  5100023372       41,100.00      12/01/98       10/21/08      120.00       12/01/98        89.9       11.375          530.58
  5100023745       46,607.08      12/07/98       10/15/13      180.20       02/01/99        90.0       10.875          487.56
  5100023794      119,800.00      01/01/99       11/09/18      241.00       01/01/99        83.7       11.375        1,169.69
  5100024057      291,700.00      12/01/98       09/28/27      348.00       12/01/98        72.6       10.375        2,450.38
  5100024511      106,400.00      01/01/99       11/08/19      253.00       01/01/99        80.0        8.625          844.84
  5100024602       42,900.00      01/01/99       11/03/23      301.00       01/01/99        89.7       10.875          384.53
  5100024644       55,700.00      01/01/99       11/26/04       73.00       01/01/99        74.2        8.250          907.58
  5100024685       45,600.00      12/01/98       10/15/13      180.00       12/01/98        86.7       10.375          461.97
  5100024743       24,700.00      01/01/99       11/09/18      241.00       01/01/99        84.1       11.990          250.87
  5100024750       49,456.51      12/01/98       10/08/19      252.00       12/01/98        79.3        7.875          371.99
  5100024784       63,300.00      01/01/99       11/25/05       85.00       01/01/99        75.2       13.500        1,078.64
  5100024909       29,063.43      01/04/99       11/15/13      181.08       03/01/99        80.0        9.500          281.42
  5100025252       87,300.00      01/01/99       11/19/10      145.00       01/01/99        72.7        8.000          872.16
  5100025377       89,942.86      12/01/98       09/26/28      360.00       12/29/98        75.0        7.875          602.33
  5100025484      141,400.00      12/01/98       09/26/28      360.00       12/01/98        61.4       13.990        1,545.45
  5100025948       76,900.00      12/01/98       10/15/13      180.00       12/01/98        89.4        9.875          757.28
  5100025971       48,200.00      01/01/99       11/15/13      181.00       01/01/99        69.8        9.625          467.90
  5100025989       27,600.00      01/01/99       12/13/13      181.00       01/01/99        79.5       10.375          279.61
  5100025997       30,219.21      12/01/98       10/15/13      180.00       12/01/98        25.2        8.000          267.25
  5100026144       48,800.00      12/01/98       10/05/21      276.00       12/01/98        74.0        7.625          346.53
  5100026185       32,400.00      12/01/98       10/09/18      240.00       12/01/98        50.5       13.500          361.07
  5100027001       39,900.00      01/01/99       11/21/08      121.00       01/01/99        31.9        9.125          468.97
  5100027340       42,100.00      12/01/98       10/15/13      180.00       12/01/98        84.7       12.275          473.24
  5100027514       57,500.00      01/01/99       11/21/08      121.00       01/01/99        73.2        9.875          697.62
  5100027779       52,800.00      01/01/99       11/03/23      301.00       01/01/99        88.0        7.875          372.11
  5100028645       42,225.95      01/04/99       11/09/18      241.08       03/01/99        84.5       12.500          443.58
  5100028850      115,943.45      12/07/98       09/26/28      360.20       02/01/99        89.9       12.375        1,132.37
  5100028876       28,500.00      12/01/98       10/21/08      120.00       12/01/98        79.1        9.990          347.45
  5100029015       19,940.26      12/07/98       10/15/13      180.20       12/07/98        77.4       14.250          248.94
  5100029049       33,492.18      12/07/98       10/21/08      120.20       02/01/99        75.1        9.875          410.08
  5100029080      152,700.00      01/01/99       10/27/28      361.00       01/01/99        89.8       10.525        1,291.93
</TABLE>


<PAGE>
<TABLE>

<CAPTION>

ALLIANCE FUNDING                                                     Sale Schedule - Group 1, Sub-Pool II                    Page 8
A division of Superior Bank FSB             1998-3 Class 1 - 3rd Subsequent Transfer of Fixed Rate Mortgages - Settlement 11/24/98
                                                                                                                       Principal
                                                                                                           Zip         Balance at  
Pool ID      Account        Name                          Address                  City          State     Code       Origination  
- -----------------------------------------------------------------------------------------------------------------------------------
  <S>        <C>            <C>                        <C>                        <C>              <C>     <C>         <C>
  23762     5100029098      CLARK JEFFREY J            13545 STRASBURG            LASALLE          MI      48145       42,400.00    
  23762     5100029106      MELFA VICTOR J JR          8 PICCADILLY WAY           WESTBOROUGH      MA      01581       24,700.00    
  23762     5100029429      JOHNSON DENNIS K           93 NORTH 27TH AVENUE       FARGO            ND      58102       59,500.00    
  23762     5100029452      TILLINGHAST ROBERT F       227 PENDLETON HILL ROAD    NORTH STONI      CT      06359       19,100.00    
  23762     5100029478      HOWCROFT FREDERICK J       24 SWAMPSCOTT AVENUE       PEABODY          MA      01960      127,000.00    
  23762     5100029536      ST THOMAS MARK A           7 FOREST HILL DRIVE        RUTLAND          MA      01543       20,200.00    
  23762     5100029874      THOMAS KIM JOE             701 SOUTH EUCLID AVENUE    SIOUX FALLS      SD      57104       45,400.00    
  23762     5100030393      JONES ANDREW D JR          2022 WEST 27TH STREET N    TULSA            OK      74127       15,700.00    
  23762     5100030542      MANN ELZADIE W             40-42 STERLING STREET      HARTFORD         CT      06112       34,800.00    
  23762     5500003131      FANFAN, CARMELO            10 LAKE AVE                HELMETTA         NJ      08828       33,600.00    
  23762     5500003321      RODGERS ELIZABETH M        7525 WAKEFEILD AVE         JACKSONVILL      FL      32208       44,700.00    
  23762     5500003685      DUDNICK MARY ELLEN         20 CAMBRIDGE AVE           LINWOOD          NJ      08221       53,300.00    
  23762     5500003974      DUNN CHARLES               99 VIRGINIA AVENUE         LONG BEACH       NY      11561      139,000.00    
  23762     5500004063      PYE SARA I                 16901 MELBA LANE           LUTZ             FL      33549       10,900.00    
  23762     5500005078      CHAPMAN MICHAEL A          2338 WOODBEND CI           NEW PORT RI      FL      34655       22,200.00    
  23762     5600006133      MAIDL GERALD L             140 1ST STREET EAST        COKATO           MN      55321       38,200.00    
  23762     5600006331      DANALIS ELLEN ROSE         528 W FIFTH STREET         WINONA           MN      55987       18,500.00    
  23762     5600007271      RASMUSSEN PATRICIA A       708 CLOVER LANE            GREEN BAY        WI      54301       71,200.00    
  23762     5600007297      STAHL CINDY L              217 EAST MAIN STREET       BELLE CENTE      OH      43310       17,200.00    
  23762     5600007420      PITTS HERMAN G             347 BETHLEHEM CHURCH ROAD  FITZGERALD       GA      31750       74,900.00    
  23762     5600007495      HARDEN DIANNE N            5321 NISBET DRIVE          MACON            GA      31206       33,300.00    
  23762     5600008402      SLONE SCOOTER BILL         1294 VERNON STREET         WABASH           IN      46992       37,600.00    
  23762     5600008451      EDDINGER MICHAEL D         2650 OCHATILLA ROAD        HOLIDAY          FL      34691       14,500.00    
  23762     5600008469      PETERSON JAMES             484 WEST FIRST STREET      COTTONWOOD       MN      56229       24,700.00    
  23762     5600008477      LUEBKE ERVIN D             1209 MEADOWVIEW DRIVE      MENASHA          WI      54952       89,500.00    
  23762     5600008485      KELLY JERRY E              600 BRYN MAWR BOULEVARD    MARY ESTHER      FL      32569       64,100.00    
  23762     5700002230      WILLIAMS GWENDA D          108 RED BUD DRIVE          JOLIET           IL      60433       93,300.00    
  23762     5700002461      BERNING ROBERT D           389 LIBERTY RD             RIVER FALLS      WI      54022      127,400.00    
        -----------------------------------------------                                                            -----------------
                    71      Sale Total                                                                              4,264,400.00

                   517      Grand Total Sub-Pool II                                                                31,650,564.00


<CAPTION>

  5100029098       42,400.00     12/01/98       10/18/11      156.00       12/01/98        78.0       10.375          457.87
  5100029106       24,700.00     12/01/98       10/21/08      120.00       12/01/98        75.6        9.375          293.42
  5100029429       59,500.00     01/01/99       10/27/28      361.00       01/01/99        85.0       12.375          580.83
  5100029452       19,100.00     01/01/99       11/03/23      301.00       01/01/99        83.7       12.000          185.68
  5100029478      126,620.69     01/04/99       11/15/13      181.08       01/04/99        79.2       14.250        1,580.74
  5100029536       20,168.49     12/01/98       10/15/13      180.00       12/29/98        79.8       13.750          245.16
  5100029874       45,400.00     01/01/99       11/18/11      157.00       01/01/99        63.0       11.250          512.31
  5100030393       15,700.00     01/01/99       11/28/03       61.00       01/01/99        89.9       10.875          314.11
  5100030542       34,663.08     01/04/99       12/16/13      181.08       03/01/99        89.3       11.375          372.66
  5500003131       33,600.00     12/01/98       10/31/23      300.00       12/01/98        83.3       10.875          301.17
  5500003321       44,569.48     12/13/98       11/16/15      204.39       12/13/98        85.9       11.625          464.69
  5500003685       53,300.00     12/01/98       10/18/11      156.00       12/01/98        80.5        9.375          546.68
  5500003974      138,314.45     12/13/98       11/19/12      168.39       02/07/99        89.6       10.375        1,450.74
  5500004063       10,900.00     12/01/98       09/30/25      324.00       12/01/98        76.8       11.000           97.28
  5500005078       22,200.00     12/01/98       10/05/21      276.00       12/01/98        83.1       11.500          211.58
  5600006133       38,200.00     12/01/98       10/23/07      108.00       12/01/98        60.6        9.125          479.79
  5600006331       18,500.00     12/01/98       10/20/09      132.00       12/01/98        68.4       10.125          214.97
  5600007271       70,499.34     12/07/98       10/21/08      120.20       02/01/99        66.2        8.500          814.73
  5600007297       16,805.71     12/07/98       10/28/03       60.20       02/01/99        83.5       11.625          350.08
  5600007420       74,900.00     12/01/98       10/23/07      108.00       12/01/98        74.9        8.000          899.94
  5600007495       33,300.00     12/01/98       10/21/08      120.00       12/01/98        53.7        8.000          372.88
  5600008402       37,533.05     12/07/98       10/09/18      240.20       02/01/99        80.0       12.375          391.24
  5600008451       14,397.07     01/04/99       11/20/09      133.08       03/01/99        89.1       11.375          178.12
  5600008469       24,700.00     12/01/98       10/26/04       72.00       12/01/98        54.8       10.750          430.96
  5600008477       89,500.00     12/01/98       10/21/08      120.00       12/01/98        84.1        8.875        1,040.77
  5600008485       63,910.76     12/07/98       10/09/18      240.20       02/01/99        72.8        8.500          513.43
  5700002230       93,217.25     01/04/99       10/27/28      361.08       01/04/99        79.0        9.625          732.00
  5700002461      127,251.37     12/07/98       10/04/22      288.20       02/01/99        68.8       11.750        1,225.48
                ------------                              ----------                    ------------------------------------
                4,259,928.83                                  229.54                       76.9       10.571       43,950.13

               31,624,417.84                                  252.79                       78.6       10.434         376,892

</TABLE>



<PAGE>
<TABLE>

<CAPTION>

                                                                                                                           Page 1
Alliance Funding                                                Sale Schedule A - Group 2, Sub-Pool IV
A division of Superior Bank FSB             1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages  -  Settlement 11/24/98
                                                                                                                        Principal   
                                                                                                            Zip         Balance at  
Pool ID        Account        Name                     Address                    City             State   Code        Origination  
- ------------------------------------------------------------------------------------------------------------------------------------
  <S>         <C>          <C>                      <C>                          <C>                 <C>   <C>        <C>  
  323-10      800780645    SANTANA MARCELINO        2112 N TRIPP                 CHICAGO             IL    60639        114,400.00  
  323-10      800832636    WHITE ADONIS M           42-46 SYNOTT PLACE           NEWARK              NJ    07111        108,000.00  
  323-10      800942096    MULLINS TRAVIS           409 CRAIG STREET             GALLITZIN           PA    16641         35,120.00  
  323-10      800962300    FORMAN FRANCES E         7607 GRANADA DRIVE           BETHESDA            MD    20817        227,500.00  
  323-10      800972671    PHILLIPS LIZZA M         810 MARTIN LUTHER KING DR    TARBORO             NC    27886         38,250.00  
  323-10      800991507    GORSKI LEONARD P         310 SEAVIEW CIRCLE           NEPTUNE             NJ    07753        124,800.00  
  323-10      801058090    ROBINSON HURTHA          561 EAST NEW YORK AVENUE     BROOKLYN            NY    11225        144,500.00  
  323-10      801077389    MATHIEU MARLENE          1136-40 WOODMERE PLACE       PLAINFIELD          NJ    07060         95,150.00  
  323-10      801098427    VERGARA HUGO A           928 ALPINE DRIVE             TEANECK             NJ    07666        227,000.00  
  323-10      801114463    SANDOVAL MARIA T         4358 EARNEY ROAD             WOODSTOCK           GA    30188         52,819.00  
  323-10      801118209    BEACHMAN ERNEST          4689 22ND AVENUE SOUTH       ST PETERSBU         FL    33711         44,800.00  
  323-10      801155136    JACK HARRIETTE           2913 NEWKIRK AVENUE          BROOKLYN            NY    11226        184,500.00  
  323-10      801180514    SERNA ELKIN A            85 MEUCCI AVENUE             COPIAGUE            NY    11726        128,790.00  
  323-10      801206277    BECK DONALD              153 TRANQUILITY COURT        LONG POND           PA    18334        112,400.00
              --------------------------------------                                                                  ------------ 
                     14    Sale Total                                                                                 1,638,029.00  
                                                                                                                                    
  323-12      800252207    SCHOCH ROBERT C          1656 MARLOWE AVENUE          LAKEWOOD            OH    44107         63,000.00  
  323-12      800287856    SHAMY JERROLYN           549 WEST 9TH PLACE           MESA                AZ    85201         70,000.00  
  323-12      800597973    SINDELAR JOHN B          22339 US ROUTE 12            EDWARDSBURG         MI    49112        161,500.00  
  323-12      800676926    STREETT GARY W           RD #1 BOX 96                 ALUM BANK           PA    15521         73,700.00  
  323-12      800735201    OPATIK RICKY ALAN        1559 126TH AVENUE            HOPKINS             MI    45328        100,000.00  
  323-12      800742991    JOYCE THOMAS             28 SONIA COURT               STATEN ISLA         NY    10309        151,200.00  
  323-12      800869794    DUNNE SHERYL             LOT 208 SECTION 2 BEAR RD    BUSHKILL            PA    18324         65,000.00  
  323-12      800934101    SINGH GURMAIL            95 22 117TH STREET           RICHMOND HI         NY    11419        247,500.00  
  323-12      800938680    FEENEY ROBERT E          1105 BURTON STREET           FREELAND            PA    18224         67,500.00  
  323-12      800944993    LOVELAND TINA            429 RARITAN STREET           CAMDEN              NJ    08105         23,800.00  
  323-12      800957417    HEPBURN ERIC             25 CALVIN COURT              OLD BRIDGE          NJ    08857        121,500.00  
  323-12      800962144    SWOFFER ERNEST D         3008 EAST CAMPO BELLO DRIV   PHOENIX             AZ    85032         59,400.00  
  323-12      800962664    BRANNON DEBORAH J        8191 93RD STREET NORTH       SEMINOLE            FL    33777         76,000.00  
  323-12      800969305    BALLIET LEROY            554 BUFFALO STREET           CONNEAUT            OH    44030         26,000.00  
  323-12      800975393    BRIGGS YVONNE L          14 SHERBROOKE ROAD           TRENTON             NJ    08638         95,920.00  
  323-12      800978025    PERRY BRUCE W            68 CORTLAND CIRCLE           SHIPPENSBUR         PA    17257         89,000.00  
  323-12      800980195    WILLIAMS JOHN L          3 PARK ACRES                 FOUNTAIN IN         SC    29644         68,400.00  
  323-12      800981219    BADIO DESRUISSEA         800 COLORADO AVENUE          BRIDGEPORT          CT    06604         74,800.00  
  323-12      800982845    FRIANT ALLAN N           25287 LEACH                  ROSEVILLE           MI    48066         58,650.00  
  323-12      800983900    ALLEN ALICE A            205 JACKSON AVENUE           OMRO                WI    54963         62,000.00  
  323-12      800985657    FITZGERALD JOANNE        4578 MUDDY CREEK ROAD        HARWOOD             MD    20776        126,000.00  
  323-12      801000126    BODKIN NYOTA N           4253 PARKVIEW COURT          STONE MOUNT         GA    30083         42,500.00  
  323-12      801004854    ISOM RICHARD H           610 ROSALIA STREET           ATLANTA             GA    30312        178,500.00  
  323-12      801008863    KRUG RICHARD P           2282 3RD STREET              EAST MEADOW         NY    11554        165,750.00  
  323-12      801015181    NIEVES WANDA PENA        1652 NORTH GARDINER DRIVE    BAY SHORE           NY    11706        103,700.00  
  323-12      801017450    DEMPSEY AUBREY L         308 SINGLETON AVENUE         SYLVANIA            GA    30467        107,100.00  
  323-12      801018722    SMITH ZINA               403 GRESHAM ROAD             MABLETON            GA    30059         81,000.00  
  323-12      801019001    LEAHY BARBARA A          6176 CRESTVIEW DRIVE         CHERRY CREE         NY    14723        110,500.00  
  323-12      801021031    LEHMAN JESSE WARREN III  188 GREBLE ROAD              MYERSTOWN           PA    17067        116,900.00  
  323-12      801022005    TORRES WILLIAM T         111 TREDMORE ROAD            BEL AIR             MD    21015        167,551.00  
  323-12      801026022    DODGENS BRIAN LEE        160 TURTLE CREEK ROAD        PICKENS             SC    29671         51,000.00  
  323-12      801030081    ROGERS EDWARD            36 COOPER STREET             PRINGLE             PA    18704         62,362.00  
  323-12      801034281    PETERSEN KIMBERLY C      116 SPITHEAD ROAD            WATERFORD           CT    06385         93,600.00  
  323-12      801038977    LOIACONO PAT J           64 PALETHORPE AVENUE         CLEMENTON           NJ    08021         91,200.00  
  323-12      801045352    SOWDERS DANIEL R         145 CINNAMON LANE            MARIETTA            SC    29661         68,850.00  
  323-12      801048067    RICHARDS GEORGE G        24026 ROYALE STREET          MORENO VALL         CA    92557        101,000.00  
  323-12      801048232    GRAY MELISA              21146 LASEA ROAD             SPRINGHILL          TN    37174         85,500.00  
  323-12      801053414    MILLER CLARION D         711 FRONT STREET             NEW BERLIN          PA    17855         76,940.00  
  323-12      801054255    JENSEN ERNEST J          405 NORTH 100 EAST           CASTLE DALE         UT    84513        128,750.00  
  323-12      801060914    DRAKE GERALD             1898 ELIJAH LOFTIN ROAD      KINSTON             NC    28504        103,700.00  
  323-12      801064759    KOROCHKIN VYACHESLAV     LOT 14 MAGNOLIA ROAD         ROEBUCK             SC    29376         88,200.00  
  
<CAPTION>
               Cut-off Date     First                     Initial     Minimum        Maximum 
                Principal      Payment       Maturity    Mortgage     Mortgage      Mortgage     Gross         
 Account         Balance        Date           Date        Rate        Rate           Rate      Margin 
- -------------------------------------------------------------------------------------------------------
<S>           <C>             <C>            <C>          <C>         <C>            <C>        <C>  
 00780645      114,281.05     07/01/98       06/01/28     12.500      12.500         18.500     9.500 
800832636      107,862.96     08/01/98       07/01/28     10.250       9.250         16.250     6.625 
800942096       35,109.67     10/01/98       09/01/28     11.875      10.875         17.875     8.250 
800962300      227,361.71     10/01/98       09/01/28     11.750      11.750         17.750     7.250 
800972671       38,226.10     09/01/98       08/01/28     11.625      11.625         17.625     7.875 
800991507      124,705.83     09/01/98       08/01/28     12.625      11.625         18.625     9.000 
801058090      144,449.87     10/01/98       09/01/28     11.125      10.125         17.125     7.375 
801077389       95,101.04     10/01/98       09/01/28     12.500      11.500         18.500     9.000 
801098427      226,792.89     10/01/98       09/01/28      9.875       8.875         15.875     6.625 
801114463       52,598.84     10/01/98       09/01/13     11.625      10.625         17.625     8.125 
801118209       44,800.00     12/05/98       11/05/28     11.875      10.875         17.875     8.000 
801155136      184,352.73     10/01/98       09/01/28     10.500       9.500         16.500     7.375 
801180514      128,687.19     10/01/98       09/01/28     10.500       9.500         16.500     7.375 
801206277      112,319.82     08/01/98       07/01/28     12.875      11.875         18.875     8.750 
         ----------------                              ----------------------------------------------
             1,636,649.70                                 11.336      10.568         17.336     7.737 
                                                                                                      
800252207       62,600.51     08/01/97       07/01/27     10.500       9.500         16.500     5.500 
800287856       69,481.25     09/01/97       08/01/27      9.750       8.750         15.750     5.300 
800597973      161,084.85     05/01/98       04/01/28     10.250       9.250         16.250     6.250 
800676926       73,515.56     06/01/98       05/01/28     10.375       9.375         16.375     7.500 
800735201       99,657.32     06/01/98       05/01/28      8.875       7.875         14.875     5.500 
800742991      150,927.58     07/01/98       06/01/28     11.000      10.000         17.000     6.875 
800869794       64,861.34     08/01/98       07/01/28     10.250       9.250         16.250     6.625 
800934101      247,151.67     08/01/98       07/01/28     11.125      10.125         17.125     7.750 
800938680       67,440.03     10/01/98       09/01/28     10.000       9.000         16.000     7.375 
800944993       23,776.96     09/01/98       08/01/28     11.500      10.500         17.500     7.875 
800957417      121,353.87     09/01/98       08/01/28     10.500       9.500         16.500     7.375 
800962144       59,316.18     08/01/98       07/01/28      9.750       8.750         15.750     6.125 
800962664       75,934.24     10/01/98       09/01/28     10.125       9.125         16.125     6.625 
800969305       25,969.82     09/01/98       08/01/28     10.625       9.625         16.625     7.375 
800975393       95,853.48     09/01/98       08/01/28     13.000      12.000         19.000     9.375 
800978025       88,883.17     10/01/98       09/01/28      8.125       7.125         14.125     5.000 
800980195       68,371.32     10/01/98       09/01/28     10.250       9.250         16.250     6.500 
800981219       74,771.07     11/01/98       10/01/28     10.625       9.625         16.625     7.625 
800982845       58,650.00     12/01/98       11/01/28     11.500      10.500         17.500     8.125 
800983900       62,000.00     12/01/98       11/01/28     11.125      10.125         17.125     7.000 
800985657      125,826.85     09/01/98       08/01/28      9.875       8.875         15.875     6.500 
801000126       42,401.83     09/01/98       08/01/28     10.750       9.750         16.750     7.125 
801004854      178,282.96     09/01/98       08/01/28      8.500       7.500         14.500     5.000 
801008863      165,617.78     09/05/98       08/05/28     12.375      11.375         18.375     8.500 
801015181      103,557.97     10/01/98       09/01/28     11.250      10.250         17.250     7.875 
801017450      107,048.69     11/01/98       10/01/28      9.625       8.625         15.625     6.875 
801018722       80,936.29     09/01/98       08/01/28     10.500       9.500         16.500     7.375 
801019001      110,462.70     11/01/98       10/01/28     11.250      10.250         17.250     7.875 
801021031      116,649.81     11/01/98       10/01/28      9.750       8.750         15.750     6.625 
801022005      167,489.61     11/01/98       10/01/28     10.875       9.875         16.875     7.500 
801026022       50,968.99     10/01/98       09/01/28     11.750      10.750         17.750     8.000 
801030081       62,362.30     11/01/98       10/01/28     12.375      11.375         18.375     8.750 
801034281       93,521.15     10/01/98       09/01/28     10.250       9.250         16.250     6.375 
801038977       91,173.17     11/01/98       10/01/28     11.875      11.875         17.875     9.500 
801045352       68,830.30     10/01/98       09/01/28     12.000      11.000         18.000     8.000 
801048067      101,000.00     12/01/98       11/01/28     10.000       9.000         16.000     6.875 
801048232       85,500.00     12/01/98       11/01/28     10.000       9.000         16.000     7.375 
801053414       76,940.00     11/01/98       10/01/28     13.125      12.125         19.125     9.500 
801054255      128,686.67     11/01/98       10/01/28      9.500       8.500         15.500     7.375 
801060914      103,617.23     10/01/98       09/01/28     10.500       9.500         16.500     7.250 
801064759       88,158.86     10/01/98       09/01/28      9.750       8.750         15.750     6.625 
</TABLE>

<PAGE>

<TABLE>

<CAPTION>

                                                                                                                           Page 2
Alliance Funding                                                Sale Schedule A - Group 2, Sub-Pool IV
A division of Superior Bank FSB             1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages  -  Settlement 11/24/98
                                                                                                                        Principal   
                                                                                                            Zip         Balance at  
Pool ID        Account        Name                     Address                    City             State   Code        Origination  
- ------------------------------------------------------------------------------------------------------------------------------------
  <S>         <C>          <C>                      <C>                          <C>                 <C>   <C>        <C>  
  323-12      801069295    CHANCE LEATHA            107-54 MERRICK BOULEVARD     JAMAICA             NY    11433        110,500.00  
  323-12      801071606    YOUNG HARRY K JR         481 SANDHURST DRIVE          HIGHLAND HE         OH    44143        272,000.00  
  323-12      801080862    JAVIER CHRISTOBAL        6 MECHANICS AVENUE           TARRYTOWN           NY    10591         80,750.00  
  323-12      801085309    HOANG BIEN X             234 TURNER STREET            ALLENTOWN           PA    18102         28,000.00  
  323-12      801088030    GALLARDO GILDA H         946 SNOHAN ROAD              AYDEN               NC    28513         64,800.00  
  323-12      801093527    WILLIAMS LAWRENCE        536A MONROE STREET           BROOKLYN            NY    11202         86,000.00  
  323-12      801094715    GARBER PAUL L            2504 SOUTH CHERRY LANE       RONKS               PA    17572         86,000.00  
  323-12      801096710    CRABTREE JOHN G          631 CONESTOGA BLVD           LANCASTER           PA    17602         84,600.00  
  323-12      801102526    MANALO LANI A            75 NEW STREET                BELLEVILLE          NJ    07109         96,750.00  
  323-12      801102617    BURKE CATHERINE          4 SMITH AVENUE               WALPOLE             MA    02081        150,000.00  
  323-12      801103532    SALAS JUAN               1071 WILLOUGHBY AVENUE       BROOKLYN            NY    11221         54,400.00  
  323-12      801104761    WASHINGTON GAIL JONES    86 AMHERST STREET            EAST ORANGE         NJ    07018        112,500.00  
  323-12      801111535    BRIONES MARCO ANTONIO    2910 SOUTH SHERIDAN BLVD     DENVER              CO    80227        121,400.00  
  323-12      801114091    GARCIA CECILIA           44 GROVE AVENUE              MAYWOOD             NJ    07607        129,200.00  
  323-12      801118399    ISMAIL THAMIR            36144 CARRIAGE               STERLING HE         MI    48310        120,700.00  
  323-12      801118654    SKUTT WAYNE              200 GINGER LANE              TORRINGTON          CT    06790        161,000.00  
  323-12      801118928    FORD JOSEPH LEE          38275 SOUTHEAST TRUBEL RD    SANDY               OR    97055        188,000.00  
  323-12      801119710    NORTON JAMES M           15 HARBOR DRIVE              GREENVILLE          SC    29609         87,750.00  
  323-12      801119918    CARLTON SCOTT A          34 SARAH DRIVE               DIX HILLS           NY    11746        415,000.00  
  323-12      801120718    SMART BLANCHE D          1839 SALEM ROAD              LAKELAND            FL    33803         82,800.00  
  323-12      801121054    MATTHEWS TONY            2129 W MILLER                INDIANAPOLI         IN    46221         32,800.00  
  323-12      801122680    WEYANT HARRY A           433 3RD STREET               WEST FAIRVI         PA    17025         56,610.00  
  323-12      801127077    HOWARD KENNETH           709 SOUTHARD AVENUE          TRENTON             NJ    08816         29,750.00  
  323-12      801128745    ALGARRAFI HAMEED         6786 HEYDEN                  DETROIT             MI    48228         55,200.00  
  323-12      801129115    BROWN ISAIAH             31 FLORENCE AVENUE           WHITE PLAIN         NY    10607        119,250.00  
  323-12      801131137    BERNOTSKY LUCILLE A      1735 BLOOM AVENUE            SCRANTON            PA    18508         60,300.00  
  323-12      801133646    SATTLER CHRISTOPHE R     3903 WEST MAIN               RAPID CITY          SD    57702         60,350.00  
  323-12      801133893    PURNELL DARRYLL J        807 NORTH SHIPPEN STREET     LANCASTER           PA    17602         56,720.00  
  323-12      801134909    TASHMAN SALEH E          126 OAK STREET               YONKERS             NY    10701         88,125.00  
  323-12      801136920    BABINGER LARRIE          374 MIDDLE RD                WEST JEFFER         OH    43126         67,500.00  
  323-12      801138363    SLOBEN BARBARA C         5109 NEWTON AVENUE SOUTH     GULFPORT            FL    33707         32,000.00  
  323-12      801138678    LONG GERALD              22502 IVANHOE                SOUTHFIELD          MI    48034        152,900.00  
  323-12      801139353    SPOON DOUGLAS G          427 NEW WINCHESTER ROAD      BUCYRUS             OH    44820         48,000.00  
  323-12      801139981    WADE SHIRLEY A           5221 CLARENCE GORDON JR RD   PLANT CITY          FL    33567         67,150.00  
  323-12      801142464    SAEZ AARON               2372 INDIANOLA AVENUE        COLUMBUS            OH    43202         87,550.00  
  323-12      801145681    CARAS GERALD A           6676 SOUTH 3600 WEST         SPANISH FOR         UT    84660        152,500.00  
  323-12      801147356    JOHNSON ALAN W           2091 BOURDON STREET          MUSKEGON            MI    49441         59,000.00  
  323-12      801148909    TURNER MARTHA S          80 BIRKDALE LANE             BASSETT             VA    24055         59,415.00  
  323-12      801150210    DOLCE HELEN              240 WEST 8TH STREET          DEER PARK           NY    11729        195,500.00  
  323-12      801151531    GOTTSHALL JOHN           311 AVENDALE HILL ROAD       PLYMOUTH            PA    18651         80,000.00  
  323-12      801154329    JENKINS HAROLD E         333 E WARD ST                URBANA              OH    43078         57,600.00  
  323-12      801154915    HELALI PEGGY ANN         150 SUNRISE LANE             POTTSTOWN           PA    19464         52,500.00  
  323-12      801157488    CHILDRESS TONY           185 TURKEY RIDGE RD          VINE GROOVE         KY    40175        104,000.00  
  323-12      801157595    SMITHSON JOHN R          217 WEST MAIN STREET         FAWN GROVE          PA    17321        120,600.00  
  323-12      801157751    FLEEZER DAVID            915 WATERBURY ROAD           THOMASTON           CT    06787         68,000.00  
  323-12      801161712    WHITE JAMES E            95 WOODSIDE ROAD             MAPLEWOOD           NJ    07040        110,400.00  
  323-12      801161779    ALLEN TOMMY W            352 BURNLEY ROAD             SHREVEPORT          LA    71106         63,000.00  
  323-12      801163692    FORNWALT ELMER R         220 W MAIN STREET            MIDDLETOWN          PA    17057         51,850.00  
  323-12      801165093    KAHLER THERESA D         631 S PROSPECT ST            MARION              OH    43302         45,500.00  
  323-12      801167529    MAROUGI DORAID           19218 CHARLESTON             DETROIT             MI    48203         18,000.00  
  323-12      801167826    JEFFERS DANIEL           24 FIELDCREST DRIVE          LITTLESTOWN         PA    17340        102,000.00  
  323-12      801170515    SANTAMARIA SCOTT         60 MANOR ROAD                NORTH HALED         NJ    07508         92,250.00  
  323-12      801172461    TILLOTSON MICHAEL R      4208 MERCURY DRIVE           NEW PORT RI         FL    34652         40,000.00  
  323-12      801173345    KRAUSS DONALD            7 SPRING VALLEY FARMS        SAYLORSBURG         PA    18353        174,400.00  
  323-12      801174236    RUSSO JOSEPH R JR        12 STEPHENVILLE ROAD         MIDDLETOWN          NJ    07748        114,000.00  
  323-12      801174558    KEILMAN MAROLYN DEE      7408 S ALKIRE STREET 205     LITTLETON           CO    80127         82,000.00  
  323-12      801175274    OROWE STANLEY J          19429 WOODSTON               DETROIT             MI    48203        349,900.00  
<CAPTION>

              Cut-off Date     First                     Initial     Minimum        Maximum 
               Principal      Payment       Maturity    Mortgage     Mortgage      Mortgage     Gross         
 Account        Balance        Date           Date        Rate        Rate           Rate      Margin 
- -------------------------------------------------------------------------------------------------------
<S>          <C>            <C>            <C>          <C>         <C>            <C>        <C>  
801069295    110,460.60     11/01/98       10/01/28     11.000      11.000         17.000     7.750 
801071606    271,568.93     07/01/98       06/01/28     11.625      10.625         17.625     8.000 
801080862     80,750.00     11/01/98       10/01/28      9.625       8.625         15.625     6.375 
801085309     27,979.95     10/01/98       09/01/28     11.000      10.000         17.000     7.500 
801088030     64,800.00     12/01/98       11/01/18     10.625       9.625         16.625     8.000 
801093527     85,965.82     11/01/98       10/01/28     10.500       9.500         16.500     7.000 
801094715     86,000.00     12/01/98       11/01/28      7.750       6.750         13.750     4.250 
801096710     84,563.56     10/01/98       09/01/28     10.125       9.125         16.125     7.000 
801102526     96,750.00     12/01/98       11/01/28      8.875       7.875         14.875     6.250 
801102617    149,933.64     11/01/98       10/01/28     10.000       9.000         16.000     6.500 
801103532     54,400.00     12/01/98       11/01/28      9.250       8.250         15.250     6.125 
801104761    112,500.00     11/01/98       10/01/28     10.500       9.500         16.500     7.375 
801111535    121,400.00     11/01/98       10/01/28     10.375       9.375         16.375     7.000 
801114091    129,150.03     11/01/98       10/01/28     10.625       9.625         16.625     7.250 
801118399    120,700.00     12/01/98       11/01/28      8.875       8.875         14.875     6.125 
801118654    160,922.86     11/01/98       10/01/28      9.625       8.625         15.625     6.500 
801118928    188,000.00     12/01/98       11/01/28     12.125      11.125         18.125     8.625 
801119710     87,750.00     11/01/98       10/01/28     11.375      10.375         17.375     8.000 
801119918    414,784.86     11/01/98       10/01/28      9.250       8.250         15.250     6.125 
801120718     82,758.19     11/01/98       10/01/28      9.375       8.375         15.375     6.500 
801121054     32,800.00     12/01/98       11/01/28     11.875      10.875         17.875     8.000 
801122680     56,582.15     11/01/98       10/01/28      9.500       8.500         15.500     6.375 
801127077     29,750.00     12/01/98       11/01/28     11.500      10.500         17.500     7.750 
801128745     55,169.05     11/01/98       10/01/28      8.875       7.875         14.875     5.375 
801129115    119,250.00     12/01/98       11/01/28     10.500       9.500         16.500     7.375 
801131137     60,300.00     12/01/98       11/01/28      9.375       8.375         15.375     6.750 
801133646     60,350.00     12/01/98       11/01/28     11.125      10.125         17.125     7.375 
801133893     56,707.39     11/01/98       10/01/28     13.125      12.125         19.125     9.500 
801134909     88,091.82     11/01/98       10/01/28     10.750       9.750         16.750     7.375 
801136920     67,448.95     12/01/98       11/01/28     10.750       9.750         16.750     7.625 
801138363     32,000.00     12/01/98       11/01/28     12.000      12.000         18.000     8.750 
801138678    152,900.00     12/01/98       11/01/28      8.875       7.875         14.875     6.250 
801139353     48,000.00     12/01/98       11/01/28     12.750      11.750         18.750     9.125 
801139981     67,150.00     12/01/98       11/01/28     11.875      10.875         17.875     8.000 
801142464     87,493.75     12/01/98       11/01/28     11.500      10.500         17.500     8.125 
801145681    152,500.00     11/01/98       10/01/28     10.000       9.000         16.000     6.250 
801147356     59,000.00     12/01/98       11/01/28      8.875       7.875         14.875     5.750 
801148909     59,415.00     01/01/99       12/01/28     10.125       9.125         16.125     7.000 
801150210    195,433.99     11/01/98       10/01/28     11.250      10.250         17.250     7.875 
801151531     80,000.00     01/01/99       12/01/28     10.875       9.875         16.875     8.000 
801154329     57,600.00     12/01/98       11/01/28     10.750       9.750         16.750     7.375 
801154915     52,500.00     01/01/99       12/01/28      9.875       8.875         15.875     5.750 
801157488    104,000.00     12/01/98       11/05/28     11.875      10.875         17.875     8.000 
801157595    120,600.00     12/01/98       11/01/28      9.375       8.375         15.375     6.250 
801157751     68,000.00     01/01/99       12/01/28     11.125      10.125         17.125     6.750 
801161712    110,400.00     12/01/98       11/01/28     11.875      10.875         17.875     8.000 
801161779     63,000.00     01/01/99       12/01/28      9.125       8.125         15.125     6.250 
801163692     51,832.01     11/01/98       10/01/28     11.125      10.125         17.125     7.375 
801165093     45,500.00     01/01/99       12/01/28     11.125      10.125         17.125     6.750 
801167529     18,000.00     12/01/98       11/01/28      9.250       8.250         15.250     5.500 
801167826    102,000.00     12/01/98       11/01/28     11.375      10.375         17.375     7.500 
801170515     92,210.27     11/01/98       10/01/28     10.125      10.125         16.125     7.375 
801172461     40,000.00     01/01/99       12/01/28     11.875      10.875         17.875     8.000 
801173345    174,400.00     12/01/98       11/01/28     12.375      11.375         18.375     8.750 
801174236    114,000.00     12/01/98       11/01/28      9.500       8.500         15.500     6.000 
801174558     82,000.00     12/01/98       11/01/28      9.500       8.500         15.500     6.125 
801175274    349,900.00     12/01/98       11/01/28      8.500       8.500         14.500     5.750 
</TABLE>

<PAGE>

<TABLE>

<CAPTION>

                                                                                                                           Page 3
Alliance Funding                                                Sale Schedule A - Group 2, Sub-Pool IV
A division of Superior Bank FSB             1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages  -  Settlement 11/24/98
                                                                                                                        Principal   
                                                                                                            Zip         Balance at  
Pool ID        Account        Name                     Address                    City             State   Code        Origination  
- ------------------------------------------------------------------------------------------------------------------------------------
  <S>         <C>          <C>                      <C>                          <C>                 <C>   <C>        <C>  
  323-12      801175829    HING UNG                 4707 62ND STREET             HOLLAND             MI    49423        108,500.00 
  323-12      801176256    HILL JAMES C             87-89 PINE GROVE TERRACE     NEWARK              NJ    07101         68,000.00 
  323-12      801178021    TULL DEBRA               4543 N COLORADO STREET       PHILADELPHI         PA    19140         28,000.00 
  323-12      801178757    MARZARELLA MICHAEL       72 GARDEN STREET             HOBOKEN             NJ    07030        187,000.00 
  323-12      801180530    GENTRY CARLTON           4515 SOUTH 338TH STREET      AUBURN              WA    98001        102,400.00 
  323-12      801185067    PELLEGRINI WILLIAM FRANK LOT 2 MOUNTAIN VIEW DRIVE    FANCY GAP           VA    24328        130,500.00 
  323-12      801185398    CLEVELAND MARIE          4134 WEST 4990 SOUTH         SALT LAKE C         UT    84118        111,350.00 
  323-12      801186677    BURKE ROBERT J           10091 MELANIE AVENUE         ENGLEWOOD           FL    34224        101,250.00 
  323-12      801186701    SATTERFIELD JOHN T       17876 EAST BERRY DRIVE       AURORA              CO    80015        169,000.00 
  323-12      801187659    LYONS BRIAN D            232 WEST MAIN STREET         SYKESVILLE          PA    15865         42,500.00 
  323-12      801188343    ORDONEZ JOSE             21 57 23RD STREET            ASTORIA             NY    11102        220,500.00 
  323-12      801188475    JONES MARGARET           7818 S RIDGELAND AVE         CHICAGO             IL    60617        136,000.00 
  323-12      801189226    WALDON JOYCE             150-47 115TH DRIVE           JAMAICA             NY    11434        136,000.00 
  323-12      801189630    MARTIN ARNOLD            6875 HICKORY DRIVE           KNOX                IN    46534         81,600.00 
  323-12      801190455    PARKER JOHN T            2385 EMERALD DRIVE           JONESBORO           GA    30236        196,650.00 
  323-12      801191685    CARTER CALVIN E          137 41 SOUTH GATE STREET     SPRINGFIELD         NY    11413        115,000.00 
  323-12      801192550    KARVOIS WILLIAM A        6101 HERITAGE LAKES DRIVE    HILLIARD            OH    43026        378,900.00 
  323-12      801193186    SOWARD JUDY A            6135 WACO COURT              WEDGEFIELD          SC    29168         70,200.00 
  323-12      801193608    MCGEE FABIENE D          1025 E 156TH PL              DOLTON              IL    60419        136,800.00 
  323-12      801193673    JENNINGS DAVID A SR      201 BERTRAM CIRCLE           GLEN BURNIE         MD    21060        120,000.00 
  323-12      801194036    HODOROWSKI RICHARD A     3315 W 231ST ST              NORTH OLMST         OH    44070         63,750.00 
  323-12      801194952    TATE F JOSEPH            2344 LIMESTONE WAY           COLUMBUS            OH    43328        126,600.00 
  323-12      801196213    QUIRK WILLIAM L          16 EASY STREET               WHITMAN             MA    02382         78,300.00 
  323-12      801197435    GUTOWSKI JOSEPH H        33 TROWBRIDGE PATH           WEST YARMOU         MA    02673         96,900.00 
  323-12      801198920    WATTS FRED P             87 PLEASANT DRIVE            SELINSGROVE         PA    17870         64,800.00 
  323-12      801200445    HOBBS CARNELL            1406 WILLOUGHBY PARK ROAD    WILMINGTON          NC    28412         66,900.00 
  323-12      801201179    EVANS KOFI               2733 WALLACE AVENUE          BRONX               NY    10467        207,000.00 
  323-12      801201203    JEWETT DAVID W           10 MENARY WAY                COLORADO SP         CO    80906        661,500.00 
  323-12      801201690    FOERSTER DONALD C        3400 BERWICK DRIVE           LANSING             MI    48911         45,000.00 
  323-12      801201773    BAILEY STEVEN W          1025 N STEPHENS              SPRINGFIELD         IL    62702         21,800.00 
  323-12      801201914    VAZQUEZ DONALD           2155 PIROS DR                COLORADO SP         CO    80915         75,500.00 
  323-12      801202979    SHOYER MARY R            2055 SAPPHIRE LANE           AURORA              IL    60506        128,300.00 
  323-12      801203159    WRIGHT ABIGAIL           1756 PEACHTREE CIRCLE        WHITEHALL           PA    18052        159,300.00 
  323-12      801203811    KALIMI ODED              107 29 LIVERPOOL STREET      JAMAICA             NY    11432        191,250.00 
  323-12      801204884    MONET GLENDA             734 N WILLARD CT             CHICAGO             IL    60622        156,800.00 
  323-12      801205568    DEFREES KENNETH J        4754 NORTH SYRACUSE STREET   PORTLAND            OR    97203         92,000.00 
  323-12      801206350    MAXSTEAD RICHARD L       1001 LILLEY AVENUE           COLUMBUS            OH    43206        122,400.00 
  323-12      801206459    MAXSTEAD RICHARD L       1025 27 LILLEY AVE           COLUMBUS            OH    43206        124,000.00 
  323-12      801206749    SCOTT CONSTANCE          2921 N WOODSTOCK ST          PHILADELPHI         PA    19132         33,536.00 
  323-12      801209313    LONG DARYL               1198 E 22ND STREET           COLUMBUS            OH    43211         56,000.00 
  323-12      801209750    MULL ADRIAN D            441 SHARON CT                MIDDLETOWN          OH    45042        208,000.00 
  323-12      801210824    PILOSKE DENNIS M         619 EAST MONROE STREET       JACKSON             MI    49202         37,800.00 
  323-12      801210931    FLATTLEY DAVID M         12050 RIVERBEND DRIVE        GRAND BLANC         MI    48439         92,000.00 
  323-12      801210949    SMARKER CRAIG A          312 316 PALM AVENUE          HEMET               CA    92543         40,125.00 
  323-12      801211194    IRWIN KEVIN PATRICK      2 PEEKSKILL ROAD             NELSONVILLE         NY    10516        136,000.00 
  323-12      801212275    BURGESS MARY             10220 WEST 11600 NORTH       TREMONTON           UT    84337        166,500.00 
  323-12      801212390    HUYNH CHAY V             531 SOUTH 1220 WEST          PROVO               UT    84601        175,242.00 
  323-12      801213158    BUTLER ANNETTE G         1066 PARKSIDE RD             CLEVELAND           OH    44108        106,250.00 
  323-12      801213893    AUSTIN DONNA             41 QUARRY STREET             BRIDGEPORT          CT    06606        108,800.00 
  323-12      801214297    SMALLS SHIRLEY M         116 ARTHUR GILLINS LANE      MONCKS CORN         SC    29461         68,000.00 
  323-12      801214370    COOK DEAN A SR           2817 WAYNEDALE BOULEVARD     FORT WAYNE          IN    46809         55,200.00 
  323-12      801214438    CARR SAMUEL BERNARD      4629 BRENDA COURT            CHARLOTTE           NC    28269         76,500.00 
  323-12      801215955    WELCH PAUL B             2247 HARLAN                  INDIANAPOLI         IN    46203         56,950.00 
  323-12      801216813    BAUER ROBERT W           533 EAST 5TH STREET          NORTHAMPTON         PA    18067         81,000.00 
  323-12      801217233    SMITH KATHERINE B        340 TIMBS ROAD               REEDVILLE           VA    22539        101,150.00 
  323-12      801217241    MAKHAY ZEANA             3284 HARBOUR BLVD            WATERFORD           MI    48329        200,700.00 
  323-12      801218082    WILLIAMS HENRY           12500 LENACRAKE              CLEVELAND           OH    44105         48,700.00 

<CAPTION>
               Cut-off Date    First                     Initial     Minimum        Maximum 
                Principal     Payment       Maturity    Mortgage     Mortgage      Mortgage     Gross 
Account         Balance        Date           Date        Rate        Rate           Rate      Margin 
- ------------------------------------------------------------------------------------------------------
 <S>          <C>            <C>            <C>          <C>         <C>            <C>        <C>  
 801175829    108,500.00     11/01/98       10/01/28     10.625       9.625         16.625     7.250 
 801176256     68,000.00     12/01/98       11/01/28     11.500      10.500         17.500     7.750 
 801178021     28,000.00     12/01/98       11/01/28     12.500      11.500         18.500     9.000 
 801178757    186,905.57     11/01/98       10/01/28      9.375       8.375         15.375     6.250 
 801180530    102,400.00     12/01/98       11/01/28     10.500       9.500         16.500     7.375 
 801185067    130,500.00     01/01/99       12/01/28      9.250       8.250         15.250     5.500 
 801185398    111,291.72     11/01/98       10/01/28     11.125      10.125         17.125     7.000 
 801186677    101,250.00     12/01/98       11/01/28      9.875       8.875         15.875     6.625 
 801186701    169,000.00     12/01/98       11/01/28      9.625       8.625         15.625     7.000 
 801187659     42,500.00     01/01/99       12/01/28      9.750       9.750         15.750     6.750 
 801188343    220,500.00     12/01/98       11/01/28      9.875       8.875         15.875     6.750 
 801188475    136,000.00     12/01/98       11/01/28     11.000      10.000         17.000     7.350 
 801189226    136,000.00     12/01/98       11/01/28     11.250      10.250         17.250     7.875 
 801189630     81,600.00     12/01/98       11/01/28     10.125      10.125         16.125     6.875 
 801190455    196,650.00     12/01/98       11/01/28      7.875       6.875         13.875     5.250 
 801191685    115,000.00     12/01/98       11/01/28      9.750       8.750         15.750     5.875 
 801192550    378,554.30     12/01/98       11/01/28      9.875       8.875         15.875     6.875 
 801193186     70,200.00     01/01/99       12/01/28      9.875       8.875         15.875     6.000 
 801193608    136,800.00     12/01/98       11/01/28     10.000       9.000         16.000     7.375 
 801193673    120,000.00     12/01/98       11/01/28     12.250      11.250         18.250     9.125 
 801194036     63,750.00     01/01/99       12/01/28     10.625       9.625         16.625     7.000 
 801194952    126,600.00     12/01/98       11/01/28      8.750       7.750         14.750     5.000 
 801196213     78,300.00     01/01/99       12/01/28      8.375       7.375         14.375     5.000 
 801197435     96,900.00     01/01/99       12/01/28      9.875       8.875         15.875     6.750 
 801198920     64,800.00     01/01/99       12/01/28      9.125       8.125         15.125     6.250 
 801200445     66,900.00     12/01/98       11/01/28      9.250       8.250         15.250     6.625 
 801201179    207,000.00     12/01/98       11/01/28     10.250       9.250         16.250     7.625 
 801201203    661,500.00     01/01/99       12/01/28      8.875       7.875         14.875     5.250 
 801201690     45,000.00     12/01/98       11/01/28      8.375       7.375         14.375     5.750 
 801201773     21,791.56     12/01/98       11/01/28     10.625       9.625         16.625     7.250 
 801201914     75,500.00     12/01/98       11/01/28      9.625       8.625         15.625     5.250 
 801202979    128,300.00     12/01/98       11/01/28     11.125      10.125         17.125     7.375 
 801203159    159,300.00     12/01/98       11/01/28      9.375       8.375         15.375     6.250 
 801203811    191,250.00     12/01/98       11/01/28     10.875      10.875         16.875     7.875 
 801204884    156,800.00     12/01/98       11/01/28     12.000      11.000         18.000     8.250 
 801205568     92,000.00     12/01/98       11/01/28      9.250       8.250         15.250     6.125 
 801206350    122,400.00     12/01/98       11/01/28     10.000       9.000         16.000     6.875 
 801206459    124,000.00     12/01/98       11/01/28     10.000       9.000         16.000     6.875 
 801206749     33,536.00     12/01/98       11/01/28     10.875       9.875         16.875     7.125 
 801209313     55,946.14     12/01/98       11/01/28      9.625       8.625         15.625     5.500 
 801209750    208,000.00     12/01/98       11/01/28     12.625      11.625         18.625     9.500 
 801210824     37,800.00     12/01/98       11/01/28     11.375      10.375         17.375     8.250 
 801210931     92,000.00     12/01/98       11/01/28     12.250      11.250         18.250     9.125 
 801210949     40,125.00     01/01/99       12/01/28      9.000       8.000         15.000     6.250 
 801211194    136,000.00     01/01/99       12/01/28      9.500       8.500         15.500     5.875 
 801212275    166,500.00     12/01/98       11/01/28     10.500       9.500         16.500     7.375 
 801212390    175,242.00     12/01/98       11/01/28     12.000      11.000         18.000     8.375 
 801213158    106,250.00     12/01/98       11/01/28     11.125      10.125         17.125     7.000 
 801213893    108,800.00     12/01/98       11/01/28     10.625       9.625         16.625     6.750 
 801214297     68,000.00     01/01/99       12/01/28     10.500       9.500         16.500     6.500 
 801214370     55,200.00     12/01/98       11/01/28     12.250      11.250         18.250     9.125 
 801214438     76,500.00     01/01/99       12/01/28      8.375       7.375         14.375     5.000 
 801215955     56,950.00     12/01/98       11/01/28      9.750       8.750         15.750     5.750 
 801216813     81,000.00     01/01/99       12/01/28      9.625       8.625         15.625     6.250 
 801217233    101,150.00     01/01/99       12/01/28      9.875       8.875         15.875     6.750 
 801217241    200,700.00     12/01/98       11/01/28      8.000       7.000         14.000     4.250 
 801218082     48,700.00     01/01/99       12/01/28      9.875       8.875         15.875     6.000 
</TABLE>
  
  

  <PAGE>

<TABLE>

<CAPTION>

                                                                                                                           Page 4
Alliance Funding                                                Sale Schedule A - Group 2, Sub-Pool IV
A division of Superior Bank FSB             1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages  -  Settlement 11/24/98
                                                                                                                        Principal   
                                                                                                            Zip         Balance at  
Pool ID        Account        Name                     Address                    City             State   Code        Origination  
- ------------------------------------------------------------------------------------------------------------------------------------
  <S>         <C>          <C>                      <C>                          <C>                 <C>   <C>        <C>  
  323-12      801219007    ROLLO KATHY B            430 ROOSEVELT AVENUE         FREEPORT            NY    11520        156,000.00  
  323-12      801219239    THOMAS CAROLYN           1104 BUCKHORN ROAD           GARNER              NC    27529         88,000.00  
  323-12      801219478    MOSES PRESTON            4247 MUD CREEK RD            MT MORRIS           IL    61054         76,500.00  
  323-12      801219833    MARTIN GARY J            42 LAUREL RIDGE              WATERTOWN           CT    06779        130,500.00  
  323-12      801220229    LI KAI CHANG             2482 SOUTH XAVIER STREET     DENVER              CO    80219        117,560.00  
  323-12      801220989    BLASKAY KENNETH J        23341 CHAPMAN                MACOMB TWP          MI    48042        144,000.00  
  323-12      801221565    YOUNG DOREEN M           72 FISHER STREET             NORTH ATTLE         MA    02760         70,125.00  
  323-12      801221714    MANSOUR JALAL            4215 BIEBER DRIVE            STERLING HI         MI    48310        127,000.00  
  323-12      801223421    GRANT MARGARET LEAH      302 PUMA ROAD                JEFFERSON           CO    80456         96,940.00  
  323-12      801223462    HOANG KIM THU THI        7102 FALCON STREET           ANNANDALE           VA    22003        189,000.00  
  323-12      801225095    EVANDER MICHAEL D        2791 MCGUFFEY RD             COLUMBUS            OH    43211         40,000.00  
  323-12      801225590    PORTER LARAINE E         1502 PLAINVIEW DRIVE         COPLEY              OH    44321        102,000.00  
  323-12      801225616    JOHNSON MICHAEL G        6729 S RIDGELAND AVE UNIT    CHICAGO             IL    60649        176,000.00  
  323-12      801225624    PORTER LARAINE           5822 GLAD BLVD               KENT                OH    44240        136,000.00  
  323-12      801226002    DASILVA EDWARD           30-6 ROUNDTREE DRIVE         NAUGATUCK           CT    06770         59,500.00  
  323-12      801226895    GARDINER DAVID M         24 FAIRFIELD DRIVE           LAFLIN              PA    18702        187,000.00  
  323-12      801227646    FUGATE PATRICIA M        1721 E NELSON                INDIANAPOLI         IN    46203         56,950.00  
  323-12      801229519    KERR VERNON              408 E SOUTHERN               INDIANAPOLI         IN    46203         68,000.00  
  323-12      801230699    JOHNSON ARTHUR L         4870 ROCKY KNOB DR           MEMPHIS             TN    38116         70,400.00  
  323-12      801231242    ROSS SHANNON             12 THORN STREET              CARBONDALE          PA    18407         35,550.00  
  323-12      801231747    PHAM OUTIS N             5037 LAKE VISTA DRIVE        THE COLONY          TX    75056        118,500.00  
  323-12      801231903    WILLIAMS PATRICIA        212 BAYVIEW AVENUE           FREEPORT            NY    11529        229,500.00  
  323-12      801234329    DUPLECHIN GLENN H        5302 SANDY GROVE DRIVE       KINGWOOD            TX    77345        156,600.00  
  323-12      801234642    ROMANO PAUL F            144 HIGHWOOD ROAD            FARMINGTON          CT    06032        210,000.00  
  323-12      801234931    MASON GLENN D            11654 FLATIRONS DRIVE        LAFAYETTE           CO    80026        189,750.00  
  323-12      801235433    RALLS MARSHALL KEITH     224 PRESIDENT AVENUE         RUTLEDGE            PA    19070         92,000.00  
  323-12      801236670    POBLETTE ADOLFO S        1150 S CHARLEMAGNE           LAKE ST LOU         MO    63367        229,500.00  
  323-12      801236936    JOHNSON ALBERT DAVID     616 MT PLEASANT ROAD         MONETTA             SC    29105         64,000.00  
  323-12      801237710    NEVELS TODD              1646 ABERDEEN                COLUMBUS            OH    43211         56,000.00  
  323-12      801237769    AIKENS SILAS J           527 SAYRE STREET             NEPTUNE             NJ    07753         87,000.00  
  323-12      801237959    WILSON BETTY             2206 LANIER PLACE            MORROW              GA    30260         80,100.00  
  323-12      801238734    WILSON VINCE             2215 NORTH BEND RD           CINCINNATI          OH    45239         97,200.00  
  323-12      801239187    SHIVAK SHARON            1520 PINE STREET             SCRANTON            PA    18510         71,929.00  
  323-12      801239906    EVANDER MICHAEL D        2273 GERBERT RD              COLUMBUS            OH    43211         38,400.00  
  323-12      801240094    DIXON LISA               1616 37TH STREET SOUTH       SAINT PETER         FL    33711         34,000.00  
  323-12      801241654    PHILLIPS GAIL            924 COREY STREET             LONGMONT            CO    80501        102,850.00  
  323-12      801242009    HUDSPETH CHARLES DAN     154 LAKESHORE DRIVE NORTH    PALM HARBOR         FL    34684        187,000.00  
  323-12      801243551    JONES BOBBY W            320 PINE RD                  MEDWAY              OH    45341         46,500.00  
  323-12      801243627    PICERNO DONALD J         6804 PIN CHERRY LANE         PORT RICHEY         FL    34668         77,300.00  
  323-12      801244245    CHANACA WILLIAM          243 BERKLEY ROAD             FAIRFIELD           CT    06432        116,880.00  
  323-12      801245044    STONIER PHYLLIS          12012 EUDORA COURT           THORNTON            CO    80241        100,000.00  
  323-12      801246273    DENTER DENNIS T          2379 SOUTH 325 WEST          CLEARFIELD          UT    84015        105,300.00  
  323-12      801246752    BRAIN KEVIN              2135 OAK TERRACE             SARASOTA            FL    34231         80,250.00  
  323-12      801247453    SALETTE CLARA            1586 GOLF LINK DRIVE         STONE MOUNT         GA    30088        119,000.00  
  323-12      801248550    RAZVI KUMAIL             7407 N WINCHESTER 101        CHICAGO             IL    60626        115,200.00  
  323-12      801249459    ROBINSON JOSEPH M        1854 WEST 450 NORTH          HELPER              UT    84526         71,825.00  
  323-12      801249772    DAURIA BERNICE T         69 PARK AVENUE               WILLISTON P         NY    11596        130,000.00  
  323-12      801249855    NAPOLEON JOSEPH R        201 SHERIDAN AVENUE          WOODLAND PA         CO    80863        121,410.00  
  323-12      801250275    MARTIN CHARLES E         2344 APPARATION COURT        ST GEORGE           UT    84790        107,000.00  
  323-12      801250689    ALCEGUEIRE JUDE          2913 SOUTHWEST 68TH AVENUE   MIRAMAR             FL    33023         63,750.00  
  323-12      801250838    CESSNA ALAN R            1347 NORTH MERONA STREET     ANAHEIM             CA    92805        134,000.00  
  323-12      801251737    BARBER MARIANNE          417 MILLER STREET            LUZERNE             PA    18709         73,091.00  
  323-12      801252198    DANIELS SUSAN            17 SHEFFIELD HILL            WOODBURY            NY    11797        173,000.00  
  323-12      801252594    ANTUNES ESTEVAO C        169 CLEMENS AVENUE           MINEOLA             NY    11501        165,000.00  
  323-12      801253683    MAHONEY GREGORY          902 WEST WOODWAY AVENUE      SPOKANE             WA    99218         88,500.00  
  323-12      801256215    EVERETT FRED QUICK       5301 DANDELION DRIVE         WILMINGTON          NC    28405         77,000.00  
  323-12      801256330    GARRETT JASON PARKER     5068 DORSEY ROAD             OXFORD              NC    27536        140,250.00  
<CAPTION>

               Cut-off Date    First                     Initial     Minimum        Maximum 
                Principal     Payment       Maturity    Mortgage     Mortgage      Mortgage     Gross 
Account         Balance        Date           Date        Rate        Rate           Rate      Margin 
- ------------------------------------------------------------------------------------------------------

<S>          <C>            <C>            <C>          <C>         <C>            <C>        <C>  
801219007    156,000.00     12/01/98       11/01/28     12.750      11.750         18.750     9.125 
801219239     88,000.00     12/01/98       11/01/28     12.750      11.750         18.750     9.125 
801219478     76,478.11     12/01/98       11/01/28     12.000      11.000         18.000     8.125 
801219833    130,500.00     12/01/98       11/01/28     10.625       9.625         16.625     7.750 
801220229    117,560.00     12/01/98       11/01/28     11.000      10.000         17.000     7.500 
801220989    144,000.00     12/01/98       11/01/28      9.625       8.625         15.625     6.625 
801221565     70,125.00     12/01/98       11/01/28     10.375       9.375         16.375     6.750 
801221714    127,000.00     12/01/98       11/01/28      8.375       7.375         14.375     5.000 
801223421     96,940.00     12/01/98       11/01/28     10.375       9.375         16.375     7.000 
801223462    189,000.00     01/01/99       12/01/28      8.625       7.625         14.625     6.250 
801225095     40,000.00     12/01/98       11/01/28      9.625       8.625         15.625     6.125 
801225590    102,000.00     12/01/98       11/01/28      9.875       8.875         15.875     6.250 
801225616    176,000.00     12/01/98       11/01/28     13.125      12.125         19.125     9.500 
801225624    136,000.00     12/01/98       11/01/28      9.875       8.875         15.875     6.250 
801226002     59,500.00     01/01/99       12/01/28      8.875       7.875         14.875     5.000 
801226895    187,000.00     01/01/99       12/01/28     10.125       9.125         16.125     6.750 
801227646     56,950.00     01/01/99       12/01/28     10.250       9.250         16.250     6.250 
801229519     68,000.00     01/01/99       12/01/28     10.500       9.500         16.500     6.250 
801230699     70,400.00     12/01/98       11/01/28     11.875      10.875         17.875     8.000 
801231242     35,550.00     01/01/99       12/01/28      9.125       8.125         15.125     6.250 
801231747    118,500.00     12/01/98       11/01/28      9.500       8.500         15.500     5.500 
801231903    229,500.00     12/01/98       11/01/28     11.125      10.125         17.125     7.375 
801234329    156,600.00     01/01/99       12/01/28      9.250       8.250         15.250     5.500 
801234642    210,000.00     12/01/98       11/01/28      9.250       8.250         15.250     6.125 
801234931    189,750.00     12/01/98       11/01/28     10.750       9.750         16.750     6.875 
801235433     92,000.00     01/01/99       12/01/28     11.875      10.875         17.875     8.000 
801236670    229,500.00     12/01/98       11/01/28      9.625       8.625         15.625     6.250 
801236936     64,000.00     12/04/98       11/04/18     12.250      11.250         18.250     8.500 
801237710     56,000.00     12/01/98       11/01/28     11.875      10.875         17.875     7.750 
801237769     87,000.00     12/01/98       11/01/28     12.250      12.250         18.250     9.500 
801237959     80,100.00     01/01/99       12/01/28      8.625       7.625         14.625     6.250 
801238734     97,200.00     12/01/98       11/01/28     11.375      10.375         17.375     7.500 
801239187     71,929.00     01/01/99       12/01/28     11.625      10.625         17.625     7.250 
801239906     38,400.00     12/01/98       11/01/28      9.625       8.625         15.625     6.125 
801240094     34,000.00     01/01/99       12/01/28     10.250       9.250         16.250     6.250 
801241654    102,850.00     01/01/99       12/01/28      9.875       8.875         15.875     6.750 
801242009    187,000.00     01/01/99       12/01/28      9.375       8.375         15.375     5.750 
801243551     46,500.00     01/01/99       12/01/28     10.250       9.250         16.250     6.875 
801243627     77,300.00     01/01/99       12/01/28      9.625       8.625         15.625     6.250 
801244245    116,880.00     12/01/98       11/01/28     10.250       9.250         16.250     7.375 
801245044    100,000.00     12/01/98       11/01/28     11.625      10.625         17.625     8.000 
801246273    105,300.00     12/01/98       11/01/28     10.000       9.000         16.000     7.375 
801246752     80,250.00     12/01/98       11/01/28     10.750       9.750         16.750     7.250 
801247453    119,000.00     12/01/98       11/01/28      8.375       7.375         14.375     5.000 
801248550    115,200.00     12/01/98       11/01/28      9.250       9.250         15.250     6.000 
801249459     71,825.00     12/01/98       11/01/28     11.125      10.125         17.125     7.375 
801249772    130,000.00     01/01/99       12/01/28     11.625      10.625         17.625     7.250 
801249855    121,410.00     12/01/98       11/01/28      9.375       8.375         15.375     6.250 
801250275    107,000.00     01/01/99       12/01/28      7.625       6.625         13.625     4.750 
801250689     63,750.00     01/01/99       12/01/28      9.750       8.750         15.750     7.250 
801250838    134,000.00     12/01/98       11/01/28     12.125      11.125         18.125     8.250 
801251737     73,091.50     01/01/99       12/01/28     10.000       9.000         16.000     6.250 
801252198    173,000.00     01/01/99       12/01/28      8.875       7.875         14.875     5.500 
801252594    165,000.00     12/01/98       11/01/28      8.875       7.875         14.875     5.500 
801253683     88,500.00     01/01/99       12/01/28      8.500       7.500         14.500     5.500 
801256215     77,000.00     01/01/99       12/01/28     10.375       9.375         16.375     6.500 
801256330    140,250.00     01/01/99       12/01/28     10.500       9.500         16.500     6.250 
</TABLE>

  


  <PAGE>

<TABLE>

<CAPTION>

                                                                                                                           Page 4
Alliance Funding                                                Sale Schedule A - Group 2, Sub-Pool IV
A division of Superior Bank FSB             1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages  -  Settlement 11/24/98
                                                                                                                        Principal   
                                                                                                            Zip         Balance at  
Pool ID        Account        Name                     Address                    City             State   Code        Origination  
- ------------------------------------------------------------------------------------------------------------------------------------
  <S>         <C>          <C>                      <C>                          <C>                 <C>   <C>        <C>  
  323-12      801257601    WALKER DON               535 E 42ND ST                INDIANAPOLI         IN    46205         63,000.00  
  323-12      801257718    SUGOH DONNA              RR 2 BOX 105E                NEWFOUNDLAN         PA    18445         94,350.00  
  323-12      801258930    KING JEFFERY             2187 E 31ST ST               CLEVELAND           OH    44115         41,600.00  
  323-12      801260050    TAYLOR ANGLELINE S       221 MELANY LANE              LONGVIEW            TX    75601         89,100.00  
  323-12      801260746    ERICKSON JOHN L          106 ROY STREET               WARREN              PA    16365         51,850.00  
  323-12      801261215    EISENHAUER MICHAEL J     54 WEST LUZERNE AVENUE       LARKSVILLE          PA    18704         42,500.00  
  323-12      801261983    DANLEY PAUL M            1755 9TH STREET              PALM HARBOR         FL    34683         97,750.00  
  323-12      801262668    FRANTZ TERRENCE          2414 SAINT PAUL              INDIANAPOLI         IN    46203         45,600.00  
  323-12      801262825    MOORE PATRICK MICHAEL JR 5580 TOMAH DRIVE             COLORADO SP         CO    80918        106,200.00  
  323-12      801262965    BROWNING JACK            1210 N OLNEY                 INDIANAPOLI         IN    46201         48,800.00  
  323-12      801263146    GOLDSTON GREGORY         2451 SOUTHWEST 58TH MANOR    FORT LAUDER         FL    33312         68,000.00  
  323-12      801263203    GOLDSTON GREGORY L       2451 SW 58TH MANOR EAST      FORT LAUDER         FL    33312         68,000.00  
  323-12      801263393    DURRANT ANNETTE L        3748 LAKEVIEW DRIVE          RIVERHEAD           NY    11901        148,500.00  
  323-12      801263518    NASH STEPHEN K           775 KIPLING STREET           AKRON               OH    44306         39,000.00  
  323-12      801264953    WINGATE BOBBY LEE        7238 WOODBROOK DRIVE         TAMPA               FL    33625        102,600.00  
  323-12      801266362    ALLEN JOHNNY N JR        2655 MONACO PARKWAY          DENVER              CO    80207        178,500.00  
  323-12      801267337    CARLSON KEVIN            791 KIOWA ROAD               FLORISSANT          CO    80816         98,910.00  
  323-12      801267402    ARRONTE MARIE E          8501 NORTH 11TH AVENUE       PHOENIX             AZ    85021        261,000.00  
  323-12      801268004    EADE HANNAH              3713 EAST CAMELBACK ROAD     PHOENIX             AZ    85018        323,000.00  
  323-12      801268087    HILLMAN FRANK JOSEPH     1001 GOLF LINKS ROAD         SIERRA VIST         AZ    85635         96,000.00  
  323-12      801269341    FRAZER DONALD            789 DREW STREET              BROOKLYN            NY    11208        161,500.00  
  323-12      801269838    MEDINA OSCAR             105 EAGLE LANE               MIDDLESEX           NC    27557         90,000.00  
  323-12      801271347    GIBBS THERESA            6265 RIVERSIDE DRIVE         ATLANTA             GA    30328        441,000.00  
  323-12      801271511    PETRIE JAMES S           22480 TULANE AVE             FARMINGTON          MI    48336         81,600.00  
  323-12      801272071    NARAINE RAMESH           88-50 75TH STREET            WOODHAVEN           NY    11421        128,000.00  
  323-12      801272386    FERGUSON DAVID A         6128 WEST IDA DRIVE          LITTLETON           CO    80123        269,808.00  
  323-12      801273012    PIZANO FRANK J           959 WYOMING AVENUE           EXETER              PA    18643         60,000.00  
  323-12      801274879    WEINER DANA              5034 CHERRY CREEK DR SOUTH   DENVER              CO    80246        209,650.00  
  323-12      801276221    JOACHIM MAUREEN A        95 ORIOLE AVENUE             PAWTUCKET           RI    02860         92,000.00  
  323-12      801277294    HERRERA SANDRA LEE       768 EAST 2750 NORTH          NORTH OGDEN         UT    84414        114,750.00  
  323-12      801277310    FRYE STEVEN R SR         5743 NORTH 37TH DRIVE        PHOENIX             AZ    85019         55,000.00  
  323-12      801294000    LACY LANCE T             4421 WEST WELDON AVENUE      PHOENIX             AZ    85031         55,200.00  
  323-12      801295338    SWAN TINA M              4326 WEST WALTANN LANE       PHOENIX             AZ    85306        192,000.00  
              --------------------------------------                                                                 ------------- 
                    245    Sale Total                                                                                26,906,324.00  
                                                                                                                                    
  323-33     8000017957    FORTES PAZ               3116 VENARD RD               DOWNERS GRO         IL    60515        160,000.00  
  323-33     8000027444    STELMACK MARJORIE A      3455 DOVER DR                PUNTA GORDA         FL    33983         58,600.00  
  323-33     8000029028    KING BOBBY JOE           1244 SUMMITT DRIVE           HILLVIEW            KY    40229         68,700.00  
  323-33     8000029283    SORENSEN GREGORY A       8920 WONDERMORE              WONDER LAKE         IL    60097        161,500.00  
  323-33     8000031628    LITTLE TAMMY A           1807 SUSQUEHANNA             HARRISBURG          PA    17102         43,800.00  
  323-33     8000039712    BURNS JOHN A             1402 N 10TH ST               VAN BUREN           AR    72956         62,900.00  
  323-33     8000039902    FRAME JOEL               729 GOLD CITY RD             FRANKLIN            KY    42134         60,100.00  
  323-33     8000042245    SIMMONS TERRENCE         119 HANNUM DRIVE             BEAR                DE    19701        153,700.00  
  323-33     8000043102    HOUK CHARLES J           RD 5 BOX 422 COTTAGE GROVE   NEW CASTLE          PA    16105         39,500.00  
  323-33     8000045271    COOPER RENEE L           4749 OLD HIGHGATE ENTRY      STONE MOUNT         GA    30083         66,100.00  
  323-33     8000045735    FARNHAM SHIRLEY M        906 ELM AVE                  STERLING            IL    61081         42,800.00  
  323-33     8000048069    GOINS CAROLYN S          574 SPRUCE ST                FOSTORIA            OH    44830         22,700.00  
  323-33     8000055452    RODRIGUEZ GERARDO        13339 HWY 216                COTTONDALE          AL    35453         47,700.00  
  323-33     8000060411    BAILEY LEE               30 WALLACE DRIVE             CHESTNUT R          NY    10977        167,400.00  
  323-33     8000062417    PARKER HERMAN            2925 FOXHILL RD              AURORA              IL    60504        119,400.00  
              --------------------------------------                                                                 ------------- 
                     15    Sale Total                                                                                 1,274,900.00
                                                                                                                                    
                    274    Grand Total Sub-Pool IV                                                                   29,819,253.00
                                                                                                                                    
                                                                                                                           
<CAPTION>
  
                   Cut-off Date    First                     Initial     Minimum        Maximum 
                   Principal     Payment       Maturity     Mortgage     Mortgage      Mortgage     Gross 
   Account          Balance        Date          Date        Rate         Rate           Rate      Margin 
- ---------------------------------------------------------------------------------------------------------

  <S>             <C>            <C>            <C>          <C>         <C>            <C>        <C>  
  801257601        63,000.00     12/01/98       11/01/28      9.500       8.500         15.500     5.500 
  801257718        94,350.00     01/01/99       12/01/28     10.375       9.375         16.375     6.750 
  801258930        41,569.38     01/01/99       12/01/28     10.875       9.875         16.875     6.500 
  801260050        89,009.65     12/01/98       11/01/28      9.375       8.375         15.375     6.250 
  801260746        51,850.00     01/01/99       12/01/28     10.375       9.375         16.375     6.750 
  801261215        42,500.00     01/01/99       12/01/28      9.250       8.250         15.250     6.250 
  801261983        97,750.00     01/01/99       12/01/28     11.125      10.125         17.125     7.000 
  801262668        45,600.00     12/01/98       11/01/28      8.500       7.500         14.500     4.500 
  801262825       106,200.00     01/01/99       12/01/28      9.875       8.875         15.875     6.250 
  801262965        48,800.00     12/01/98       11/01/28      9.625       8.625         15.625     5.250 
  801263146        68,000.00     01/01/99       12/01/28      9.375       8.375         15.375     5.750 
  801263203        68,000.00     01/01/99       12/01/28      9.375       8.375         15.375     5.750 
  801263393       148,500.00     01/01/99       12/01/28      9.000       8.000         15.000     5.000 
  801263518        39,000.00     01/01/99       12/01/28      9.500       8.500         15.500     5.500 
  801264953       102,600.00     01/01/99       12/01/28      9.875       8.875         15.875     6.250 
  801266362       178,271.57     01/01/99       12/01/28      8.250       7.250         14.250     5.000 
  801267337        98,910.00     01/01/99       12/01/18     10.875       9.875         16.875     7.250 
  801267402       261,000.00     12/01/98       11/01/28     10.000       9.000         16.000     6.875 
  801268004       323,000.00     12/01/98       11/01/28     10.750       9.750         16.750     7.125 
  801268087        96,000.00     12/01/98       11/01/28      9.000       8.000         15.000     5.875 
  801269341       161,500.00     01/01/99       12/01/28     10.625       9.625         16.625     6.750 
  801269838        90,000.00     12/01/98       11/01/28      9.875       8.875         15.875     6.250 
  801271347       441,000.00     12/01/98       11/01/28      9.875       8.875         15.875     6.250 
  801271511        81,600.00     01/01/99       12/01/28     12.125      11.125         18.125     8.000 
  801272071       128,000.00     01/01/99       12/01/28     10.875       9.875         16.875     7.250 
  801272386       269,808.00     01/01/99       12/01/28      8.625       7.625         14.625     5.750 
  801273012        60,000.00     01/01/99       12/01/28      9.000       8.000         15.000     5.250 
  801274879       209,650.00     12/01/98       11/01/28      8.625       7.625         14.625     5.000 
  801276221        92,000.00     01/01/99       12/01/28      9.500       8.500         15.500     6.250 
  801277294       114,750.00     12/01/98       11/01/28      9.500       8.500         15.500     6.625 
  801277310        55,000.00     12/01/98       11/01/28      8.875       7.875         14.875     5.750 
  801294000        55,200.00     12/01/98       11/01/28      9.000       8.000         15.000     6.375 
  801295338       192,000.00     12/01/98       11/01/28     11.875      10.875         17.875     8.250 
              --------------                                 ------------------------------------------- 
        245    26,899,205.70                                 10.199       9.248         16.199     6.798 
                                                                                                         
 8000017957       160,000.00     12/01/98       11/01/28     10.250       9.250         16.250     5.750 
 8000027444        58,600.00     12/01/98       11/01/28     10.375       9.375         16.375     6.250 
 8000029028        68,646.63     12/01/98       11/01/28     10.625       9.625         16.625     6.500 
 8000029283       161,318.25     12/01/98       11/01/28      8.875       7.875         14.875     5.000 
 8000031628        43,800.00     12/01/98       11/01/28     12.500      11.500         18.500     7.750 
 8000039712        62,836.23     12/01/98       11/01/28      9.375       8.375         15.375     5.750 
 8000039902        60,067.29     01/01/99       12/01/28     12.250      11.250         18.250     7.250 
 8000042245       153,601.29     12/01/98       11/01/28     11.500      10.500         17.500     7.000 
 8000043102        39,500.00     01/01/99       12/01/28     12.000      11.000         18.000     7.250 
 8000045271        66,031.20     12/01/98       11/01/28      9.250       8.250         15.250     7.000 
 8000045735        42,770.96     12/01/98       11/01/28     11.250      10.250         17.250     8.250 
 8000048069        22,700.00     12/01/98       11/01/28     11.250      10.250         17.250     6.750 
 8000055452        47,655.30     01/01/99       12/01/28      9.750       8.750         15.750     6.500 
 8000060411       167,269.92     12/01/98       11/01/28     10.625       9.625         16.625     6.500 
 8000062417       119,262.11     12/01/98       11/01/28      8.750       7.750         14.750     5.250 
              --------------                                 ------------------------------------------- 
                1,274,059.18                                 10.325       9.325         16.325     6.301
                                                                                                        
               29,809,914.58                                 10.267       9.324         16.267     6.828
                                                                                                         
                 
</TABLE>
<PAGE>
<TABLE>

<CAPTION>

                                                                                                                             Page 1
Alliance Funding                                               Sale Schedule B - Group 2, Sub-Pool IV
A division of Superior Bank FSB           1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 11/24/98

                                                       Principal     Type of     Scheduled         Cut-off Date Original     Next   
                                                      Balance at    Mortgaged     Payment           Principal     LTV     Adjustment
Pool ID       Account       Name                     Origination    Property    Int & Prin           Balance     Ratio       Date   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>         <C>                         <C>               <C>        <C>             <C>            <C>       <C>  
323-10       800780645   SANTANA MARCELINO            114,400.00       3          1,220.94          114,281.05    80.0     06/01/99 
323-10       800832636   WHITE ADONIS M               108,000.00       1            967.79          107,862.96    80.0     07/01/00 
323-10       800942096   MULLINS TRAVIS                35,120.00       1            357.87           35,109.67    80.0     09/01/00 
323-10       800962300   FORMAN FRANCES E             227,500.00       1          2,296.41          227,361.71    65.0     03/01/99 
323-10       800972671   PHILLIPS LIZZA M              38,250.00       1            382.44           38,226.10    75.0     02/01/99 
323-10       800991507   GORSKI LEONARD P             124,800.00       1          1,344.06          124,705.83    80.0     08/01/00 
323-10       801058090   ROBINSON HURTHA              144,500.00       3          1,389.77          144,449.87    85.0     09/01/00 
323-10       801077389   MATHIEU MARLENE               95,150.00       1          1,015.50           95,101.04    80.9     09/01/00 
323-10       801098427   VERGARA HUGO A               227,000.00       1          1,971.15          226,792.89    79.6     09/01/00 
323-10       801114463   SANDOVAL MARIA T              52,819.00       6            621.23           52,598.84    85.0     09/01/00 
323-10       801118209   BEACHMAN ERNEST               44,800.00       1            456.51           44,800.00    80.0     11/05/00 
323-10       801155136   JACK HARRIETTE               184,500.00       3          1,687.69          184,352.73    90.0     09/01/00 
323-10       801180514   SERNA ELKIN A                128,790.00       1          1,178.09          128,687.19    90.0     09/01/00 
323-10       801206277   BECK DONALD                  112,400.00       1          1,232.40          112,319.82    80.0     07/01/00 
             ---------------------------------------------------                 ------------------------------------- 
                    14   Sale Total                 1,638,029.00                 16,121.85        1,636,649.70    80.3              

323-12       800252207   SCHOCH ROBERT C               63,000.00       1            576.29           62,600.51    49.6     07/01/99 
323-12       800287856   SHAMY JERROLYN                70,000.00       5            601.41           69,481.25    70.0     08/01/99 
323-12       800597973   SINDELAR JOHN B              161,500.00       1          1,447.21          161,084.85    85.0     04/01/00 
323-12       800676926   STREETT GARY W                73,700.00       1            667.28           73,515.56    80.9     05/01/00 
323-12       800735201   OPATIK RICKY ALAN            100,000.00       1            795.65           99,657.32    66.2     05/01/00 
323-12       800742991   JOYCE THOMAS                 151,200.00       1          1,439.91          150,927.58    80.0     06/01/00 
323-12       800869794   DUNNE SHERYL                  65,000.00       1            582.47           64,861.34    76.4     07/01/00 
323-12       800934101   SINGH GURMAIL                247,500.00       3          2,380.41          247,151.67    90.0     07/01/00 
323-12       800938680   FEENEY ROBERT E               67,500.00       1            592.36           67,440.03    90.0     09/01/00 
323-12       800944993   LOVELAND TINA                 23,800.00       1            235.69           23,776.96    85.0     08/01/00 
323-12       800957417   HEPBURN ERIC                 121,500.00       1          1,111.41          121,353.87    90.0     08/01/00 
323-12       800962144   SWOFFER ERNEST D              59,400.00       1            510.34           59,316.18    69.8     07/01/00 
323-12       800962664   BRANNON DEBORAH J             76,000.00       1            673.99           75,934.24    80.0     09/01/00 
323-12       800969305   BALLIET LEROY                 26,000.00       3            240.27           25,969.82    56.5     08/01/00 
323-12       800975393   BRIGGS YVONNE L               95,920.00       1          1,061.07           95,853.48    80.0     08/01/00 
323-12       800978025   PERRY BRUCE W                 89,000.00       1            660.82           88,883.17    83.5     09/01/00 
323-12       800980195   WILLIAMS JOHN L               68,400.00       7            612.94           68,371.32    90.0     09/01/00 
323-12       800981219   BADIO DESRUISSEA              74,800.00       1            691.22           74,771.07    85.0     10/01/00 
323-12       800982845   FRIANT ALLAN N                58,650.00       1            580.81           58,650.00    83.7     11/01/00 
323-12       800983900   ALLEN ALICE A                 62,000.00       1            596.30           62,000.00    84.9     11/01/00 
323-12       800985657   FITZGERALD JOANNE            126,000.00       1          1,094.12          125,826.85    75.0     08/01/00 
323-12       801000126   BODKIN NYOTA N                42,500.00       2            396.73           42,401.83    85.0     08/01/00 
323-12       801004854   ISOM RICHARD H               178,500.00       1          1,372.51          178,282.96    85.0     08/01/00 
323-12       801008863   KRUG RICHARD P               165,750.00       1          1,752.92          165,617.78    85.0     08/05/00 
323-12       801015181   NIEVES WANDA PENA            103,700.00       1          1,007.20          103,557.97    84.6     09/01/00 
323-12       801017450   DEMPSEY AUBREY L             107,100.00       1            910.34          107,048.69    90.0     10/01/00 
323-12       801018722   SMITH ZINA                    81,000.00       1            740.94           80,936.29    90.0     08/01/00 
323-12       801019001   LEAHY BARBARA A              110,500.00       1          1,073.24          110,462.70    85.0     10/01/00 
323-12       801021031   LEHMAN JESSE WARREN III      116,900.00       1          1,004.35          116,649.81    89.9     10/01/00 
323-12       801022005   TORRES WILLIAM T             167,551.00       1          1,579.82          167,489.61    85.9     10/01/00 
323-12       801026022   DODGENS BRIAN LEE             51,000.00       7            514.80           50,968.99    85.0     09/01/00 
323-12       801030081   ROGERS EDWARD                 62,362.00       1            659.53           62,362.30    80.9     10/01/00 
323-12       801034281   PETERSEN KIMBERLY C           93,600.00       1            838.75           93,521.15    80.0     09/01/00 
323-12       801038977   LOIACONO PAT J                91,200.00       1            929.33           91,173.17    80.0     04/01/99 
323-12       801045352   SOWDERS DANIEL R              68,850.00       7            708.20           68,830.30    85.5     09/01/00 
323-12       801048067   RICHARDS GEORGE G            101,000.00       1            886.35          101,000.00    86.3     11/01/00 
323-12       801048232   GRAY MELISA                   85,500.00       7            750.32           85,500.00    90.0     11/01/00 
323-12       801053414   MILLER CLARION D              76,940.00       1            858.64           76,940.00    80.9     10/01/00 
323-12       801054255   JENSEN ERNEST J              128,750.00       1          1,082.60          128,686.67    84.9     10/01/00 
323-12       801060914   DRAKE GERALD                 103,700.00       1            948.58          103,617.23    85.0     09/01/00 
323-12       801064759   KOROCHKIN VYACHESLAV          88,200.00       1            757.77           88,158.86    90.0     09/01/00 

<CAPTION>
                  Current             Property
                 Mortgage             Value at        Owner
  Account         Rate              Origination     Occupied 
- ------------------------------------------------------------
<S>             <C>                 <C>                  
800780645       12.500              143,000.00          Y
800832636       10.250              135,000.00          Y
800942096       11.875               43,900.00          Y
800962300       11.750              350,000.00          Y
800972671       11.625               51,000.00          Y
800991507       12.625              156,000.00          Y
801058090       11.125              170,000.00          Y
801077389       12.500              117,500.00          Y
801098427        9.875              285,000.00          Y
801114463       11.625               62,140.00          Y
801118209       11.875               56,000.00          Y
801155136       10.500              205,000.00          Y
801180514       10.500              143,100.00          Y
801206277       12.875              140,500.00          Y
                ------------------------------
                11.336            2,058,140.00           
                                                        
800252207       10.500              127,000.00          Y
800287856        9.750              100,000.00          N
800597973       10.250              190,000.00          Y
800676926       10.375               91,000.00          Y
800735201        8.875              151,000.00          Y
800742991       11.000              189,000.00          Y
800869794       10.250               85,000.00          Y
800934101       11.125              275,000.00          Y
800938680       10.000               75,000.00          Y
800944993       11.500               28,000.00          Y
800957417       10.500              135,000.00          Y
800962144        9.750               85,000.00          Y
800962664       10.125               95,000.00          Y
800969305       10.625               46,000.00          N
800975393       13.000              119,900.00          Y
800978025        8.125              106,500.00          Y
800980195       10.250               76,000.00          Y
800981219       10.625               88,000.00          Y
800982845       11.500               70,000.00          Y
800983900       11.125               73,000.00          Y
800985657        9.875              168,000.00          Y
801000126       10.750               50,000.00          Y
801004854        8.500              210,000.00          Y
801008863       12.375              195,000.00          Y
801015181       11.250              122,500.00          Y
801017450        9.625              119,000.00          Y
801018722       10.500               90,000.00          Y
801019001       11.250              130,000.00          Y
801021031        9.750              129,900.00          Y
801022005       10.875              194,850.00          Y
801026022       11.750               60,000.00          Y
801030081       12.375               77,000.00          Y
801034281       10.250              117,000.00          Y
801038977       11.875              114,000.00          Y
801045352       12.000               80,500.00          Y
801048067       10.000              117,000.00          Y
801048232       10.000               95,000.00          Y
801053414       13.125               95,000.00          Y
801054255        9.500              151,500.00          Y
801060914       10.500              122,000.00          Y
801064759        9.750               98,000.00          Y
</TABLE>
 
<PAGE>

<TABLE>

<CAPTION>

                                                                                                                             Page 2
Alliance Funding                                               Sale Schedule B - Group 2, Sub-Pool IV
A division of Superior Bank FSB           1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 11/24/98

                                                       Principal     Type of     Scheduled         Cut-off Date Original     Next   
                                                      Balance at    Mortgaged     Payment           Principal     LTV     Adjustment
Pool ID       Account       Name                     Origination    Property    Int & Prin           Balance     Ratio       Date   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>         <C>                         <C>               <C>        <C>             <C>            <C>       <C>  
323-12       801069295   CHANCE LEATHA                110,500.00       1          1,052.32          110,460.60    85.0     04/01/99 
323-12       801071606   YOUNG HARRY K JR             272,000.00       1          2,719.56          271,568.93    80.0     06/01/00 
323-12       801080862   JAVIER CHRISTOBAL             80,750.00       4            686.37           80,750.00    85.0     10/01/00 
323-12       801085309   HOANG BIEN X                  28,000.00       1            266.65           27,979.95    80.0     09/01/00 
323-12       801088030   GALLARDO GILDA H              64,800.00       7            652.40           64,800.00    90.0     11/01/00 
323-12       801093527   WILLIAMS LAWRENCE             86,000.00       3            786.68           85,965.82    47.7     10/01/00 
323-12       801094715   GARBER PAUL L                 86,000.00       1            616.12           86,000.00    73.5     11/01/00 
323-12       801096710   CRABTREE JOHN G               84,600.00       1            750.25           84,563.56    90.0     09/01/00 
323-12       801102526   MANALO LANI A                 96,750.00       1            769.79           96,750.00    90.0     11/01/00 
323-12       801102617   BURKE CATHERINE              150,000.00       1          1,316.36          149,933.64    68.1     10/01/00 
323-12       801103532   SALAS JUAN                    54,400.00       1            447.54           54,400.00    80.0     11/01/00 
323-12       801104761   WASHINGTON GAIL JONES        112,500.00       1          1,029.08          112,500.00    90.0     10/01/00 
323-12       801111535   BRIONES MARCO ANTONIO        121,400.00       1          1,099.16          121,400.00    89.9     10/01/00 
323-12       801114091   GARCIA CECILIA               129,200.00       3          1,193.93          129,150.03    80.0     10/01/00 
323-12       801118399   ISMAIL THAMIR                120,700.00       1            960.35          120,700.00    85.0     05/01/99 
323-12       801118654   SKUTT WAYNE                  161,000.00       1          1,368.49          160,922.86    86.0     10/01/00 
323-12       801118928   FORD JOSEPH LEE              188,000.00       1          1,667.23          188,000.00    80.0     11/01/00 
323-12       801119710   NORTON JAMES M                87,750.00       7            860.63           87,750.00    90.0     10/01/00 
323-12       801119918   CARLTON SCOTT A              415,000.00       1          3,414.10          414,784.86    80.5     10/01/00 
323-12       801120718   SMART BLANCHE D               82,800.00       1            688.69           82,758.19    90.0     10/01/00 
323-12       801121054   MATTHEWS TONY                 32,800.00       1            334.23           32,800.00    80.0     11/01/00 
323-12       801122680   WEYANT HARRY A                56,610.00       1            476.01           56,582.15    90.0     10/01/00 
323-12       801127077   HOWARD KENNETH                29,750.00       1            294.61           29,750.00    85.0     11/01/00 
323-12       801128745   ALGARRAFI HAMEED              55,200.00       1            439.20           55,169.05    84.9     10/01/00 
323-12       801129115   BROWN ISAIAH                 119,250.00       3          1,090.83          119,250.00    90.0     11/01/00 
323-12       801131137   BERNOTSKY LUCILLE A           60,300.00       1            501.55           60,300.00    90.0     11/01/00 
323-12       801133646   SATTLER CHRISTOPHE R          60,350.00       1            580.43           60,350.00    85.0     11/01/00 
323-12       801133893   PURNELL DARRYLL J             56,720.00       1            632.99           56,707.39    80.0     10/01/00 
323-12       801134909   TASHMAN SALEH E               88,125.00       4            822.63           88,091.82    75.0     10/01/00 
323-12       801136920   BABINGER LARRIE               67,500.00       1            630.10           67,448.95    90.0     11/01/00 
323-12       801138363   SLOBEN BARBARA C              32,000.00       1            329.16           32,000.00    64.0     05/01/99 
323-12       801138678   LONG GERALD                  152,900.00       1          1,216.55          152,900.00    89.9     11/01/00 
323-12       801139353   SPOON DOUGLAS G               48,000.00       1            521.61           48,000.00    80.0     11/01/00 
323-12       801139981   WADE SHIRLEY A                67,150.00       1            684.26           67,150.00    85.0     11/01/00 
323-12       801142464   SAEZ AARON                    87,550.00       1            867.01           87,493.75    85.0     11/01/00 
323-12       801145681   CARAS GERALD A               152,500.00       1          1,338.30          152,500.00    79.4     10/01/00 
323-12       801147356   JOHNSON ALAN W                59,000.00       1            469.43           59,000.00    78.6     11/01/00 
323-12       801148909   TURNER MARTHA S               59,415.00       1            526.91           59,415.00    85.0     12/01/00 
323-12       801150210   DOLCE HELEN                  195,500.00       1          1,898.82          195,433.99    85.0     10/01/00 
323-12       801151531   GOTTSHALL JOHN                80,000.00       1            754.31           80,000.00    80.0     12/01/00 
323-12       801154329   JENKINS HAROLD E              57,600.00       1            537.69           57,600.00    90.0     11/01/00 
323-12       801154915   HELALI PEGGY ANN              52,500.00       1            455.88           52,500.00    73.9     12/01/00 
323-12       801157488   CHILDRESS TONY               104,000.00       1          1,059.76          104,000.00    80.0     11/05/00 
323-12       801157595   SMITHSON JOHN R              120,600.00       1          1,003.09          120,600.00    90.0     11/01/00 
323-12       801157751   FLEEZER DAVID                 68,000.00       1            654.01           68,000.00    80.0     12/01/00 
323-12       801161712   WHITE JAMES E                110,400.00       1          1,124.98          110,400.00    80.0     11/01/00 
323-12       801161779   ALLEN TOMMY W                 63,000.00       1            512.59           63,000.00    90.0     12/01/00 
323-12       801163692   FORNWALT ELMER R              51,850.00       1            498.69           51,832.01    85.0     10/01/00 
323-12       801165093   KAHLER THERESA D              45,500.00       1            437.61           45,500.00    65.0     12/01/00 
323-12       801167529   MAROUGI DORAID                18,000.00       1            148.08           18,000.00    90.0     11/01/00 
323-12       801167826   JEFFERS DANIEL               102,000.00       1          1,000.38          102,000.00    80.0     11/01/00 
323-12       801170515   SANTAMARIA SCOTT              92,250.00       1            818.09           92,210.27    90.0     04/01/99 
323-12       801172461   TILLOTSON MICHAEL R           40,000.00       1            407.60           40,000.00    80.0     12/01/00 
323-12       801173345   KRAUSS DONALD                174,400.00       1          1,844.40          174,400.00    80.0     11/01/00 
323-12       801174236   RUSSO JOSEPH R JR            114,000.00       1            958.57          114,000.00    68.8     11/01/00 
323-12       801174558   KEILMAN MAROLYN DEE           82,000.00       2            689.50           82,000.00    79.6     11/01/00 
323-12       801175274   OROWE STANLEY J              349,900.00       1          2,690.43          349,900.00    83.9     05/01/99 
<CAPTION>

                  Current             Property
                 Mortgage             Value at        Owner
  Account         Rate              Origination     Occupied 
- ------------------------------------------------------------
<S>             <C>                 <C>                 <C> 
801069295        11.000              130,000.00         Y
801071606        11.625              340,000.00         Y
801080862         9.625               95,000.00         Y
801085309        11.000               35,000.00         Y
801088030        10.625               72,000.00         Y
801093527        10.500              180,000.00         Y
801094715         7.750              117,000.00         Y
801096710        10.125               94,000.00         Y
801102526         8.875              107,500.00         Y
801102617        10.000              220,000.00         Y
801103532         9.250               68,000.00         Y
801104761        10.500              125,000.00         Y
801111535        10.375              135,000.00         Y
801114091        10.625              161,500.00         Y
801118399         8.875              142,000.00         Y
801118654         9.625              187,000.00         Y
801118928        10.125              235,000.00         Y
801119710        11.375               97,500.00         Y
801119918         9.250              515,000.00         Y
801120718         9.375               92,000.00         Y
801121054        11.875               41,000.00         Y
801122680         9.500               62,900.00         Y
801127077        11.500               35,000.00         Y
801128745         8.875               65,000.00         Y
801129115        10.500              132,500.00         Y
801131137         9.375               67,000.00         Y
801133646        11.125               71,000.00         Y
801133893        13.125               70,900.00         Y
801134909        10.750              117,500.00         N
801136920        10.750               75,000.00         Y
801138363        12.000               50,000.00         Y
801138678         8.875              169,900.00         Y
801139353        12.750               60,000.00         Y
801139981        11.875               79,000.00         Y
801142464        11.500              103,000.00         Y
801145681        10.000              192,000.00         Y
801147356         8.875               75,000.00         Y
801148909        10.125               69,900.00         Y
801150210        11.250              230,000.00         Y
801151531        10.875              100,000.00         Y
801154329        10.750               64,000.00         Y
801154915         9.875               71,000.00         Y
801157488        11.875              130,000.00         Y
801157595         9.375              134,000.00         Y
801157751        11.125               85,000.00         Y
801161712        11.875              138,000.00         Y
801161779         9.125               70,000.00         Y
801163692        11.125               61,000.00         Y
801165093        11.125               70,000.00         Y
801167529         9.250               20,000.00         Y
801167826        11.375              127,500.00         Y
801170515        10.125              102,500.00         Y
801172461        11.875               50,000.00         Y
801173345        12.375              218,000.00         Y
801174236         9.500              165,500.00         N
801174558         9.500              103,000.00         Y
801175274         8.500              417,000.00         Y
</TABLE>
                                
<PAGE>
<TABLE>
<CAPTION>

                                                                                                                             Page 3
Alliance Funding                                               Sale Schedule B - Group 2, Sub-Pool IV
A division of Superior Bank FSB           1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 11/24/98

                                                       Principal     Type of     Scheduled         Cut-off Date Original     Next   
                                                      Balance at    Mortgaged     Payment           Principal     LTV     Adjustment
Pool ID       Account       Name                     Origination    Property    Int & Prin           Balance     Ratio       Date   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>         <C>                         <C>               <C>        <C>             <C>            <C>       <C>  
323-12       801175829   HING UNG                     108,500.00       1          1,002.65          108,500.00    70.0     10/01/00 
323-12       801176256   HILL JAMES C                  68,000.00       1            673.40           68,000.00    85.0     11/01/00 
323-12       801178021   TULL DEBRA                    28,000.00       1            298.83           28,000.00    80.0     11/01/00 
323-12       801178757   MARZARELLA MICHAEL           187,000.00       2          1,555.37          186,905.57    85.0     10/01/00 
323-12       801180530   GENTRY CARLTON               102,400.00       1            936.69          102,400.00    85.3     11/01/00 
323-12       801185067   PELLEGRINI WILLIAM FRANK     130,500.00       1          1,073.59          130,500.00    90.0     12/01/00 
323-12       801185398   CLEVELAND MARIE              111,350.00       1            905.98          111,291.72    85.0     10/01/00 
323-12       801186677   BURKE ROBERT J               101,250.00       1            879.20          101,250.00    75.0     11/01/00 
323-12       801186701   SATTERFIELD JOHN T           169,000.00       1          1,436.48          169,000.00    89.8     11/01/00 
323-12       801187659   LYONS BRIAN D                 42,500.00       1            365.14           42,500.00    85.0     06/01/99 
323-12       801188343   ORDONEZ JOSE                 220,500.00       4          1,914.71          220,500.00    90.0     11/01/00 
323-12       801188475   JONES MARGARET               136,000.00       4          1,295.16          136,000.00    85.0     11/01/00 
323-12       801189226   WALDON JOYCE                 136,000.00       1          1,320.92          136,000.00    85.0     11/01/00 
323-12       801189630   MARTIN ARNOLD                 81,600.00       1            723.65           81,600.00    85.0     05/01/99 
323-12       801190455   PARKER JOHN T                196,650.00       1          1,425.85          196,650.00    90.0     11/01/00 
323-12       801191685   CARTER CALVIN E              115,000.00       1            988.03          115,000.00    67.6     11/01/00 
323-12       801192550   KARVOIS WILLIAM A            378,900.00       1          3,290.17          378,554.30    90.0     11/01/00 
323-12       801193186   SOWARD JUDY A                 70,200.00       7            609.58           70,200.00    90.0     12/01/00 
323-12       801193608   MCGEE FABIENE D              136,800.00       1          1,200.52          136,800.00    90.0     11/01/00 
323-12       801193673   JENNINGS DAVID A SR          120,000.00       1          1,257.48          120,000.00    80.0     11/01/00 
323-12       801194036   HODOROWSKI RICHARD A          63,750.00       1            589.11           63,750.00    85.0     12/01/00 
323-12       801194952   TATE F JOSEPH                126,600.00       1            995.96          126,600.00    79.9     11/01/00 
323-12       801196213   QUIRK WILLIAM L               78,300.00       1            595.14           78,300.00    80.7     12/01/00 
323-12       801197435   GUTOWSKI JOSEPH H             96,900.00       1            841.43           96,900.00    85.0     12/01/00 
323-12       801198920   WATTS FRED P                  64,800.00       1            527.23           64,800.00    90.0     12/01/00 
323-12       801200445   HOBBS CARNELL                 66,900.00       2            550.37           66,900.00    76.9     11/01/00 
323-12       801201179   EVANS KOFI                   207,000.00       5          1,854.93          207,000.00    90.0     11/01/00 
323-12       801201203   JEWETT DAVID W               661,500.00       1          5,263.19          661,500.00    69.6     12/01/00 
323-12       801201690   FOERSTER DONALD C             45,000.00       1            342.03           45,000.00    75.0     11/01/00 
323-12       801201773   BAILEY STEVEN W               21,800.00       1            201.46           21,791.56    69.7     11/01/00 
323-12       801201914   VAZQUEZ DONALD                75,500.00       1            641.74           75,500.00    60.8     11/01/00 
323-12       801202979   SHOYER MARY R                128,300.00       1          1,233.96          128,300.00    84.9     11/01/00 
323-12       801203159   WRIGHT ABIGAIL               159,300.00       1          1,324.98          159,300.00    90.0     11/01/00 
323-12       801203811   KALIMI ODED                  191,250.00       3          1,803.28          191,250.00    85.0     05/01/99 
323-12       801204884   MONET GLENDA                 156,800.00       3          1,612.86          156,800.00    80.0     11/01/00 
323-12       801205568   DEFREES KENNETH J             92,000.00       1            756.86           92,000.00    80.0     11/01/00 
323-12       801206350   MAXSTEAD RICHARD L           122,400.00       5          1,074.15          122,400.00    80.0     11/01/00 
323-12       801206459   MAXSTEAD RICHARD L           124,000.00       5          1,088.19          124,000.00    80.0     11/01/00 
323-12       801206749   SCOTT CONSTANCE               33,536.00       1            316.21           33,536.00    85.9     11/01/00 
323-12       801209313   LONG DARYL                    56,000.00       1            475.99           55,946.14    80.0     11/01/00 
323-12       801209750   MULL ADRIAN D                208,000.00       1          2,240.09          208,000.00    80.0     11/01/00 
323-12       801210824   PILOSKE DENNIS M              37,800.00       1            370.73           37,800.00    84.9     11/01/00 
323-12       801210931   FLATTLEY DAVID M              92,000.00       1            964.06           92,000.00    80.0     11/01/00 
323-12       801210949   SMARKER CRAIG A               40,125.00       3            322.85           40,125.00    75.0     12/01/00 
323-12       801211194   IRWIN KEVIN PATRICK          136,000.00       4          1,143.56          136,000.00    80.0     12/01/00 
323-12       801212275   BURGESS MARY                 166,500.00       1          1,280.24          166,500.00    90.0     11/01/00 
323-12       801212390   HUYNH CHAY V                 175,242.00       1          1,802.56          175,242.00    76.1     11/01/00 
323-12       801213158   BUTLER ANNETTE G             106,250.00       1          1,021.89          106,250.00    85.0     11/01/00 
323-12       801213893   AUSTIN DONNA                 108,800.00       1          1,005.42          108,800.00    80.0     11/01/00 
323-12       801214297   SMALLS SHIRLEY M              68,000.00       7            622.02           68,000.00    80.0     12/01/00 
323-12       801214370   COOK DEAN A SR                55,200.00       1            578.44           55,200.00    80.0     11/01/00 
323-12       801214438   CARR SAMUEL BERNARD           76,500.00       1            581.45           76,500.00    85.0     12/01/00 
323-12       801215955   WELCH PAUL B                  56,950.00       1            489.29           56,950.00    85.0     11/01/00 
323-12       801216813   BAUER ROBERT W                81,000.00       1            688.49           81,000.00    90.0     12/01/00 
323-12       801217233   SMITH KATHERINE B            101,150.00       1            878.33          101,150.00    85.0     12/01/00 
323-12       801217241   MAKHAY ZEANA                 200,700.00       1          1,472.66          200,700.00    84.8     11/01/00 
323-12       801218082   WILLIAMS HENRY                48,700.00       1            422.89           48,700.00    74.9     12/01/00 
<CAPTION>

                  Current             Property
                 Mortgage             Value at        Owner
  Account         Rate              Origination     Occupied 
- ------------------------------------------------------------

<S>              <C>                 <C>                <C> 
801175829        10.625              155,000.00         Y
801176256        11.500               80,000.00         Y
801178021        12.500               35,000.00         Y
801178757         9.375              220,000.00         Y
801180530        10.500              120,000.00         Y
801185067         9.250              145,000.00         Y
801185398         9.125              131,000.00         Y
801186677         9.875              135,000.00         Y
801186701         9.625              188,000.00         Y
801187659         9.750               50,000.00         Y
801188343         9.875              245,000.00         Y
801188475        11.000              160,000.00         Y
801189226        11.250              160,000.00         Y
801189630        10.125               96,000.00         Y
801190455         7.875              218,500.00         Y
801191685         9.750              170,000.00         Y
801192550         9.875              421,000.00         Y
801193186         9.875               78,000.00         Y
801193608        10.000              152,000.00         Y
801193673        12.250              150,000.00         Y
801194036        10.625               75,000.00         Y
801194952         8.750              158,300.00         N
801196213         8.375               97,000.00         Y
801197435         9.875              114,000.00         Y
801198920         9.125               72,000.00         Y
801200445         9.250               86,900.00         Y
801201179        10.250              230,000.00         Y
801201203         8.875              950,000.00         Y
801201690         8.375               60,000.00         Y
801201773        10.625               31,250.00         N
801201914         9.625              124,000.00         Y
801202979        11.125              151,000.00         Y
801203159         9.375              177,000.00         Y
801203811        10.875              225,000.00         Y
801204884        12.000              196,000.00         Y
801205568         9.250              115,000.00         N
801206350        10.000              153,000.00         N
801206459        10.000              155,000.00         N
801206749        10.875               39,000.00         Y
801209313         9.625               70,000.00         Y
801209750        12.625              260,000.00         Y
801210824        11.375               44,500.00         Y
801210931        12.250              115,000.00         Y
801210949         9.000               53,500.00         N
801211194         9.500              170,000.00         Y
801212275         8.500              185,000.00         Y
801212390        12.000              230,000.00         Y
801213158        11.125              125,000.00         Y
801213893        10.625              136,000.00         Y
801214297        10.500               85,000.00         Y
801214370        12.250               69,000.00         Y
801214438         8.375               90,000.00         Y
801215955         9.750               67,000.00         Y
801216813         9.625               90,000.00         Y
801217233         9.875              119,000.00         Y
801217241         8.000              236,400.00         Y
801218082         9.875               65,000.00         Y
</TABLE>
 

<PAGE>

<TABLE>

<CAPTION>

                                                                                                                             Page 4
Alliance Funding                                               Sale Schedule B - Group 2, Sub-Pool IV
A division of Superior Bank FSB           1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 11/24/98

                                                       Principal     Type of     Scheduled         Cut-off Date Original     Next   
                                                      Balance at    Mortgaged     Payment           Principal     LTV     Adjustment
Pool ID       Account       Name                     Origination    Property    Int & Prin           Balance     Ratio       Date   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>         <C>                         <C>               <C>        <C>             <C>            <C>       <C>  
323-12       801219007   ROLLO KATHY B                156,000.00       1          1,695.24          156,000.00    80.0     11/01/00 
323-12       801219239   THOMAS CAROLYN                88,000.00       1            821.46           88,000.00    80.0     11/01/00 
323-12       801219478   MOSES PRESTON                 76,500.00       1            786.89           76,478.11    85.0     11/01/00 
323-12       801219833   MARTIN GARY J                130,500.00       1          1,205.95          130,500.00    90.0     11/01/00 
323-12       801220229   LI KAI CHANG                 117,560.00       1          1,119.55          117,560.00    80.0     11/01/00 
323-12       801220989   BLASKAY KENNETH J            144,000.00       1          1,223.98          144,000.00    90.0     11/01/00 
323-12       801221565   YOUNG DOREEN M                70,125.00       1            634.92           70,125.00    85.0     11/01/00 
323-12       801221714   MANSOUR JALAL                127,000.00       1            965.29          127,000.00    78.3     11/01/00 
323-12       801223421   GRANT MARGARET LEAH           96,940.00       1            877.70           96,940.00    64.1     11/01/00 
323-12       801223462   HOANG KIM THU THI            189,000.00       1          1,470.02          189,000.00    90.0     12/01/00 
323-12       801225095   EVANDER MICHAEL D             40,000.00       1            340.00           40,000.00    80.0     11/01/00 
323-12       801225590   PORTER LARAINE E             102,000.00       1            739.57          102,000.00    75.0     11/01/00 
323-12       801225616   JOHNSON MICHAEL G            176,000.00       4          1,964.12          176,000.00    80.0     11/01/00 
323-12       801225624   PORTER LARAINE               136,000.00       1            986.09          136,000.00    80.0     11/01/00 
323-12       801226002   DASILVA EDWARD                59,500.00       2            473.41           59,500.00    85.0     12/01/00 
323-12       801226895   GARDINER DAVID M             187,000.00       1          1,658.36          187,000.00    85.0     12/01/00 
323-12       801227646   FUGATE PATRICIA M             56,950.00       1            510.33           56,950.00    85.0     12/01/00 
323-12       801229519   KERR VERNON                   68,000.00       1            622.02           68,000.00    85.0     12/01/00 
323-12       801230699   JOHNSON ARTHUR L              70,400.00       1            717.38           70,400.00    80.0     11/01/00 
323-12       801231242   ROSS SHANNON                  35,550.00       1            289.25           35,550.00    90.0     12/01/00 
323-12       801231747   PHAM OUTIS N                 118,500.00       1            828.57          118,500.00    89.7     11/01/00 
323-12       801231903   WILLIAMS PATRICIA            229,500.00       1          2,207.29          229,500.00    90.0     11/01/00 
323-12       801234329   DUPLECHIN GLENN H            156,600.00       8          1,288.31          156,600.00    90.0     12/01/00 
323-12       801234642   ROMANO PAUL F                210,000.00       1          1,727.62          210,000.00    77.7     11/01/00 
323-12       801234931   MASON GLENN D                189,750.00       1          1,771.28          189,750.00    75.0     11/01/00 
323-12       801235433   RALLS MARSHALL KEITH          92,000.00       1            937.48           92,000.00    80.0     12/01/00 
323-12       801236670   POBLETTE ADOLFO S            229,500.00       1          1,950.73          229,500.00    90.0     11/01/00 
323-12       801236936   JOHNSON ALBERT DAVID          64,000.00       7            715.88           64,000.00    80.0     11/04/00 
323-12       801237710   NEVELS TODD                   56,000.00       1            570.64           56,000.00    80.0     11/01/00 
323-12       801237769   AIKENS SILAS J                87,000.00       1            911.67           87,000.00    77.6     05/01/99 
323-12       801237959   WILSON BETTY                  80,100.00       1            623.01           80,100.00    90.0     12/01/00 
323-12       801238734   WILSON VINCE                  97,200.00       1            953.30           97,200.00    80.0     11/01/00 
323-12       801239187   SHIVAK SHARON                 71,929.00       1            719.17           71,929.00    65.9     12/01/00 
323-12       801239906   EVANDER MICHAEL D             38,400.00       1            326.40           38,400.00    80.0     11/01/00 
323-12       801240094   DIXON LISA                    34,000.00       1            304.67           34,000.00    85.0     12/01/00 
323-12       801241654   PHILLIPS GAIL                102,850.00       1            893.10          102,850.00    85.0     12/01/00 
323-12       801242009   HUDSPETH CHARLES DAN         187,000.00       1          1,555.37          187,000.00    89.0     12/01/00 
323-12       801243551   JONES BOBBY W                 46,500.00       1            416.69           46,500.00    75.0     12/01/00 
323-12       801243627   PICERNO DONALD J              77,300.00       1            657.04           77,300.00    89.9     12/01/00 
323-12       801244245   CHANACA WILLIAM              116,880.00       1          1,047.36          116,880.00    75.8     11/01/00 
323-12       801245044   STONIER PHYLLIS              100,000.00       1            999.84          100,000.00    80.0     11/01/00 
323-12       801246273   DENTER DENNIS T              105,300.00       1            924.08          105,300.00    90.0     11/01/00 
323-12       801246752   BRAIN KEVIN                   80,250.00       1            749.12           80,250.00    75.0     11/01/00 
323-12       801247453   SALETTE CLARA                119,000.00       1            904.49          119,000.00    85.0     11/01/00 
323-12       801248550   RAZVI KUMAIL                 115,200.00       2            947.72          115,200.00    80.0     05/01/99 
323-12       801249459   ROBINSON JOSEPH M             71,825.00       1            690.80           71,825.00    85.0     11/01/00 
323-12       801249772   DAURIA BERNICE T             130,000.00       1          1,299.79          130,000.00    60.4     12/01/00 
323-12       801249855   NAPOLEON JOSEPH R            121,410.00       1          1,009.83          121,410.00    90.0     11/01/00 
323-12       801250275   MARTIN CHARLES E             107,000.00       1            757.34          107,000.00    66.2     12/01/00 
323-12       801250689   ALCEGUEIRE JUDE               63,750.00       1            547.71           63,750.00    75.0     12/01/00 
323-12       801250838   CESSNA ALAN R                134,000.00       1          1,391.25          134,000.00    80.0     11/01/00 
323-12       801251737   BARBER MARIANNE               73,091.00       1            641.43           73,091.50    85.9     12/01/00 
323-12       801252198   DANIELS SUSAN                173,000.00       2          1,376.47          173,000.00    68.3     12/01/00 
323-12       801252594   ANTUNES ESTEVAO C            165,000.00       1          1,312.81          165,000.00    72.3     11/01/00 
323-12       801253683   MAHONEY GREGORY               88,500.00       1            680.49           88,500.00    75.0     12/01/00 
323-12       801256215   EVERETT FRED QUICK            77,000.00       1            697.16           77,000.00    70.0     12/01/00 
323-12       801256330   GARRETT JASON PARKER         140,250.00       1          1,282.92          140,250.00    85.0     12/01/00 

<CAPTION>

                    Current             Property
                   Mortgage             Value at        Owner
  Account           Rate              Origination      Occupied 
- ---------------------------------------------------------------
 <S>               <C>                 <C>                <C> 
 801219007         12.750              195,000.00          Y          
 801219239         10.750              110,000.00          Y          
 801219478         12.000               90,000.00          Y  
 801219833         10.625              145,000.00          Y          
 801220229         11.000              146,950.00          Y         
 801220989          9.625              160,000.00          Y         
 801221565         10.375               82,500.00          Y         
 801221714          8.375              162,000.00          Y         
 801223421         10.375              151,000.00          Y         
 801223462          8.625              210,000.00          Y         
 801225095          9.625               50,000.00          N         
 801225590          7.875              136,000.00          N         
 801225616         13.125              220,000.00          Y         
 801225624          7.875              170,000.00          N         
 801226002          8.875               70,000.00          Y         
 801226895         10.125              220,000.00          Y         
 801227646         10.250               67,000.00          Y         
 801229519         10.500               80,000.00          Y         
 801230699         11.875               88,000.00          Y         
 801231242          9.125               39,500.00          Y         
 801231747          7.500              132,000.00          Y         
 801231903         11.125              255,000.00          Y         
 801234329          9.250              174,000.00          Y         
 801234642          9.250              270,000.00          Y         
 801234931         10.750              253,000.00          Y         
 801235433         11.875              115,000.00          Y         
 801236670          9.625              255,000.00          Y         
 801236936         12.250               80,000.00          Y         
 801237710         11.875               70,000.00          Y         
 801237769         12.250              112,000.00          Y         
 801237959          8.625               89,000.00          Y         
 801238734         11.375              121,500.00          Y         
 801239187         11.625              109,000.00          Y         
 801239906          9.625               48,000.00          N         
 801240094         10.250               40,000.00          Y         
 801241654          9.875              121,000.00          Y         
 801242009          9.375              210,000.00          Y         
 801243551         10.250               62,000.00          Y         
 801243627          9.625               85,900.00          Y         
 801244245         10.250              154,000.00          N         
 801245044         11.625              125,000.00          Y         
 801246273         10.000              117,000.00          Y         
 801246752         10.750              107,000.00          Y         
 801247453          8.375              140,000.00          Y         
 801248550          9.250              144,000.00          Y         
 801249459         11.125               84,500.00          Y         
 801249772         11.625              215,000.00          Y         
 801249855          9.375              134,900.00          Y         
 801250275          7.625              161,500.00          Y         
 801250689          9.750               85,000.00          Y         
 801250838         12.125              167,500.00          Y         
 801251737         10.000               85,000.00          Y         
 801252198          8.875              253,000.00          Y         
 801252594          8.875              228,000.00          Y         
 801253683          8.500              118,000.00          Y         
 801256215         10.375              110,000.00          Y         
 801256330         10.500              165,000.00          Y         
<CAPTION>

</TABLE>
<PAGE>
 
                                                  
<TABLE>

<CAPTION>

                                                                                                                             Page 5
Alliance Funding                                               Sale Schedule B - Group 2, Sub-Pool IV
A division of Superior Bank FSB           1998-3 - 3rd Subsequent Transfer of Adjustable Rate Mortgages - Settlement 11/24/98

                                                       Principal     Type of     Scheduled         Cut-off Date Original     Next   
                                                      Balance at    Mortgaged     Payment           Principal     LTV     Adjustment
Pool ID       Account       Name                     Origination    Property    Int & Prin           Balance     Ratio       Date   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>         <C>                         <C>               <C>        <C>             <C>            <C>       <C>  
 323-12       801257601   WALKER DON                    63,000.00       1            529.74           63,000.00    90.0     11/01/00
 323-12       801257718   SUGOH DONNA                   94,350.00       1            854.25           94,350.00    85.0     12/01/00
 323-12       801258930   KING JEFFERY                  41,600.00       1            392.24           41,569.38    80.0     12/01/00
 323-12       801260050   TAYLOR ANGLELINE S            89,100.00       1            741.09           89,009.65    90.0     11/01/00
 323-12       801260746   ERICKSON JOHN L               51,850.00       1            469.45           51,850.00    85.0     12/01/00
 323-12       801261215   EISENHAUER MICHAEL J          42,500.00       1            349.64           42,500.00    85.0     12/01/00
 323-12       801261983   DANLEY PAUL M                 97,750.00       1            940.14           97,750.00    85.0     12/01/00
 323-12       801262668   FRANTZ TERRENCE               45,600.00       1            350.62           45,600.00    80.0     11/01/00
 323-12       801262825   MOORE PATRICK MICHAEL JR     106,200.00       1            922.19          106,200.00    89.4     12/01/00
 323-12       801262965   BROWNING JACK                 48,800.00       1            414.79           48,800.00    80.0     11/01/00
 323-12       801263146   GOLDSTON GREGORY              68,000.00       1            565.59           68,000.00    80.0     12/01/00
 323-12       801263203   GOLDSTON GREGORY L            68,000.00       1            565.59           68,000.00    80.0     12/01/00
 323-12       801263393   DURRANT ANNETTE L            148,500.00       1          1,194.86          148,500.00    90.0     12/01/00
 323-12       801263518   NASH STEPHEN K                39,000.00       1            272.69           39,000.00    75.0     12/01/00
 323-12       801264953   WINGATE BOBBY LEE            102,600.00       1            890.93          102,600.00    90.0     12/01/00
 323-12       801266362   ALLEN JOHNNY N JR            178,500.00       1          1,341.01          178,271.57    85.0     12/01/00
 323-12       801267337   CARLSON KEVIN                 98,910.00       7          1,012.54           98,910.00    90.0     12/01/00
 323-12       801267402   ARRONTE MARIE E              261,000.00       1          1,915.13          261,000.00    90.0     11/01/00
 323-12       801268004   EADE HANNAH                  323,000.00       1          3,015.14          323,000.00    85.0     11/01/00
 323-12       801268087   HILLMAN FRANK JOSEPH          96,000.00       1            772.44           96,000.00    73.8     11/01/00
 323-12       801269341   FRAZER DONALD                161,500.00       3          1,492.42          161,500.00    85.0     12/01/00
 323-12       801269838   MEDINA OSCAR                  90,000.00       7            781.51           90,000.00    87.3     11/01/00
 323-12       801271347   GIBBS THERESA                441,000.00       1          3,829.41          441,000.00    90.0     11/01/00
 323-12       801271511   PETRIE JAMES S                81,600.00       1            847.21           81,600.00    80.0     12/01/00
 323-12       801272071   NARAINE RAMESH               128,000.00       3          1,206.90          128,000.00    80.0     12/01/00
 323-12       801272386   FERGUSON DAVID A             269,808.00       8          2,098.54          269,808.00    90.0     12/01/00
 323-12       801273012   PIZANO FRANK J                60,000.00       3            482.77           60,000.00    45.4     12/01/00
 323-12       801274879   WEINER DANA                  209,650.00       1          1,630.64          209,650.00    79.9     11/01/00
 323-12       801276221   JOACHIM MAUREEN A             92,000.00       1            773.59           92,000.00    89.3     12/01/00
 323-12       801277294   HERRERA SANDRA LEE           114,750.00       1            964.89          114,750.00    90.0     11/01/00
 323-12       801277310   FRYE STEVEN R SR              55,000.00       1            437.61           55,000.00    80.8     11/01/00
 323-12       801294000   LACY LANCE T                  55,200.00       1            444.16           55,200.00    80.0     11/01/00
 323-12       801295338   SWAN TINA M                  192,000.00       1          1,956.49          192,000.00    80.0     11/01/00
             ----------------------------------------------------                --------------------------------------
                    245   Sale Total                26,906,324.00                238,824.89       26,899,205.70    82.6  
                                                                                                                                    
 323-33      8000017957   FORTES PAZ                   160,000.00       1          1,433.76          160,000.00    80.0     11/01/00
 323-33      8000027444   STELMACK MARJORIE A           58,600.00       1            530.57           58,600.00    84.9     11/01/00
 323-33      8000029028   KING BOBBY JOE                68,700.00       1            634.85           68,646.63    85.8     11/01/00
 323-33      8000029283   SORENSEN GREGORY A           161,500.00       1          1,284.97          161,318.25    85.9     11/01/00
 323-33      8000031628   LITTLE TAMMY A                43,800.00       1            467.46           43,800.00    65.8     11/01/00
 323-33      8000039712   BURNS JOHN A                  62,900.00       1            523.17           62,836.23    75.7     11/01/00
 323-33      8000039902   FRAME JOEL                    60,100.00       1            629.79           60,067.29    85.8     12/01/00
 323-33      8000042245   SIMMONS TERRENCE             153,700.00       1          1,522.08          153,601.29    80.8     11/01/00
 323-33      8000043102   HOUK CHARLES J                39,500.00       1            406.30           39,500.00    65.8     12/01/00
 323-33      8000045271   COOPER RENEE L                66,100.00       1            543.79           66,031.20    89.9     11/01/00
 323-33      8000045735   FARNHAM SHIRLEY M             42,800.00       1            415.70           42,770.96    80.7     11/01/00
 323-33      8000048069   GOINS CAROLYN S               22,700.00       1            220.48           22,700.00    64.8     11/01/00
 323-33      8000055452   RODRIGUEZ GERARDO             47,700.00       1            409.82           47,655.30    89.6     12/01/00
 323-33      8000060411   BAILEY LEE                   167,400.00       1          1,546.94          167,269.92    84.9     11/01/00
 323-33      8000062417   PARKER HERMAN                119,400.00       1            939.32          119,262.11    85.8     11/01/00
             ----------------------------------------------------                --------------------------------------
                     15   Sale Total                 1,274,900.00                 11,509.00        1,274,059.18    82.3             
                                                                                                                                    
                      274 Grand Total Sub-Pool IV   29,819,253.00                266,455.74       29,809,914.58    82.5             
<CAPTION>


                    Current             Property
                   Mortgage             Value at        Owner
  Account           Rate              Origination      Occupied 
- ---------------------------------------------------------------
 <S>               <C>                 <C>                <C> 
  801257601         9.500               70,000.00         Y  
  801257718        10.375              111,000.00         Y  
  801258930        10.875               52,000.00         Y  
  801260050         9.375               99,000.00         Y  
  801260746        10.375               61,000.00         Y  
  801261215         9.250               50,000.00         Y  
  801261983        11.125              115,000.00         Y  
  801262668         8.500               57,000.00         N  
  801262825         9.875              118,750.00         Y  
  801262965         9.625               61,000.00         Y  
  801263146         9.375               85,000.00         N  
  801263203         9.375               85,000.00         N  
  801263393         9.000              165,000.00         Y  
  801263518         7.500               52,000.00         Y  
  801264953         9.875              114,000.00         Y  
  801266362         8.250              210,000.00         Y  
  801267337        10.875              109,900.00         Y  
  801267402         8.000              290,000.00         Y  
  801268004        10.750              380,000.00         Y  
  801268087         9.000              130,000.00         Y  
  801269341        10.625              190,000.00         Y  
  801269838         9.875              103,000.00         Y  
  801271347         9.875              490,000.00         Y  
  801271511        12.125              102,000.00         Y  
  801272071        10.875              160,000.00         Y  
  801272386         8.625              299,787.00         Y  
  801273012         9.000              132,000.00         Y  
  801274879         8.625              262,106.00         Y  
  801276221         9.500              103,000.00         Y  
  801277294         9.500              127,500.00         Y  
  801277310         8.875               68,000.00         Y  
  801294000         9.000               69,000.00         N  
  801295338        11.875              240,000.00         Y  
                  -------           -------------
        245        10.109           32,864,393.00            
                                                             
 8000017957        10.250              200,000.00         Y  
 8000027444        10.375               69,000.00         Y  
 8000029028        10.625               80,000.00         Y  
 8000029283         8.875              188,000.00         Y  
 8000031628        12.500               66,500.00         Y  
 8000039712         9.375               83,000.00         Y  
 8000039902        12.250               70,000.00         Y  
 8000042245        11.500              190,000.00         Y  
 8000043102        12.000               60,000.00         Y  
 8000045271         9.250               73,500.00         Y  
 8000045735        11.250               53,000.00         Y  
 8000048069        11.250               35,000.00         Y  
 8000055452         9.750               53,200.00         Y  
 8000060411        10.625              197,000.00         Y  
 8000062417         8.750              139,000.00         Y  
                  -------           -------------
                   10.325            1,557,200.00       
                                                        
                   10.186           36,479,733.00       
</TABLE>

                                                                      


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