<PAGE>
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) December 18, 1996
UCFC Acceptance Corporation
(Exact name of registrant as specified in its charter)
Louisiana 333-07081 72-123-5336
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) ID Number)
4041 Essen Lane, Baton Rouge, Louisiana 70809
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: (504) 924-6007
N/A
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
Filing of Computational Materials and Consent of Independent Accountants.*
Pursuant to Rule 424(b) under the Securities Act of 1933, as amended, UCFC
Acceptance Corporation (the "Depositor") is filing a prospectus and prospectus
supplement with the Securities and Exchange Commission relating to its Home
Equity Loan Pass-Through Certificates, Series 1996-D1 and 1996-D2.
In connection with the offering of the Home Equity Loan Pass-Through
Certificates, Series 1996-D1 and 1996-D2, Prudential Securities Incorporated
prepared certain materials (the "Computational Materials") which were
distributed by Prudential Securities Incorporated, Credit Suisse First Boston
Corporation and Salomon Brothers Inc (the "Underwriters") to their potential
investors. Although the Depositor provided the Underwriters with certain
information regarding the characteristics of the Home Equity Loans in the
related portfolio, it did not participate in the preparation of the
Computational Materials. The Computational Materials are attached hereto as
Exhibit 99.1.
Also included for filing as Exhibit 23.1 attached hereto is the Consent of
Coopers & Lybrand L.L.P., independent accountants for MBIA Insurance
Corporation, insurer of the Offered Certificates.
- ---------------
* Capitalized terms used and not otherwise defined herein shall have the
meanings assigned to them in the Prospectus dated December 17, 1996, and
Prospectus Supplement dated December 17, 1996, of UCFC Acceptance Corporation,
relating to its Home Equity Loan Pass-Through Certificates, Series 1996-D1 and
1996-D2.
-2-
<PAGE>
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
23.1. Consent of Coopers & Lybrand L.L.P.
99.1 Computational Materials.
-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.
UCFC ACCEPTANCE CORPORATION
By: /s/ H.C. McCall, III
Name: H.C. McCall, III
Title: President
Dated: December 18, 1996
-4-
<PAGE>
EXHIBIT INDEX
Exhibit Page
------- ----
23.1. Consent of Coopers & Lybrand L.L.P.
99.1 Computational Materials.
-5-
<PAGE>
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in this Prospectus Supplement of
our report dated January 22, 1996, on our audits of the consolidated financial
statements of MBIA Insurance Corporation and Subsidiaries as of December 31,
1995 and 1994 and for the three years ended December 31, 1995. We also consent
to the reference to our firm under the caption "Report of Experts".
/s/ Coopers & Lybrand L.L.P.
Coopers & Lybrand L.L.P.
December 17, 1996
New York, New York
<PAGE>
Financial Strategies 12/16/96 11:07:40 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Bond Cashflows Incorporated
Deal ID/CUSIP UCFC6D Maturity 01/15/16
Class A4 CUR Coupon 6.776
Underwriter PSI Accrued 0.35762
Issuer UNITED COMPANIES FINANCIAL CORPORAT 1st Payment 01/15/97
Collateral 100%WL (Real) Factor on
N/GWAC (Orig) / (11.192/11.692) LIBOR-1M 5.61719
WAM (Orig) (21.470) Settle 12/20/96
Price 100-00 Proceeds 30,508,717 Prepay at HEP 24.00 Roll at
Original Face of 30,400,000
Date Balance Principal Interest Accrual Total
- -------- ------------- ------------- ---------- ------- -----------
12/01/96 30,400,000.00 0.00 0.00 0.00 0.00
01/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
02/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
03/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
04/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
05/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
06/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
07/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
08/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
09/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
10/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
11/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
12/15/97 30,400,000.00 0.00 171,658.67 0.00 171,658.67
01/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
02/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
03/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
04/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
05/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
06/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
07/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
08/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
09/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
10/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
11/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
12/15/98 30,400,000.00 0.00 171,658.67 0.00 171,658.67
01/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
02/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
03/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
04/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
05/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
06/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
07/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
08/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
09/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
10/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
11/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
12/15/99 30,400,000.00 0.00 171,658.67 0.00 171,658.67
01/15/00 30,400,000.00 0.00 171,658.67 0.00 171,658.67
02/15/00 30,400,000.00 0.00 171,658.67 0.00 171,658.67
03/15/00 30,400,000.00 0.00 171,658.67 0.00 171,658.67
04/15/00 30,400,000.00 0.00 171,658.67 0.00 171,658.67
05/15/00 30,400,000.00 0.00 171,658.67 0.00 171,658.67
06/15/00 30,400,000.00 0.00 171,658.67 0.00 171,658.67
07/15/00 30,400,000.00 0.00 171,658.67 0.00 171,658.67
Page 1 of 2
<PAGE>
Financial Strategies 12/16/96 11:07:40 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Bond Cashflows Incorporated
Deal ID/CUSIP UCFC6D Maturity 01/15/16
Class A4 CUR Coupon 6.776
Underwriter PSI Accrued 0.35762
Issuer UNITED COMPANIES FINANCIAL CORPORAT 1st Payment 01/15/97
Collateral 100%WL (Real) Factor on
N/GWAC (Orig) / (11.192/11.692) LIBOR-1M 5.61719
WAM (Orig) (21.470) Settle 12/20/96
Price 100-00 Proceeds 30,508,717 Prepay at HEP 24.00 Roll at
Original Face of 30,400,000
Date Balance Principal Interest Accrual Total
- -------- ------------- ------------- ---------- ------- -----------
08/15/00 30,400,000.00 0.00 171,658.67 0.00 171,658.67
09/15/00 28,341,779.54 2,058,220.46 171,658.67 0.00 2,229,879.13
10/15/00 25,407,515.34 2,934,264.19 160,036.58 0.00 3,094,300.77
11/15/00 22,542,711.38 2,864,803.96 143,467.77 0.00 3,008,271.73
12/15/00 19,745,756.37 2,796,955.01 127,291.18 0.00 2,924,246.19
01/15/01 17,015,076.00 2,730,680.37 111,497.70 0.00 2,842,178.07
02/15/01 14,349,132.10 2,665,943.91 96,078.46 0.00 2,762,022.37
03/15/01 11,746,421.75 2,602,710.34 81,024.77 0.00 2,683,735.11
04/15/01 9,205,476.58 2,540,945.17 66,328.13 0.00 2,607,273.30
05/15/01 6,724,861.90 2,480,614.69 51,980.26 0.00 2,532,594.94
06/15/01 4,303,175.94 2,421,685.96 37,973.05 0.00 2,459,659.01
07/15/01 1,939,049.15 2,364,126.79 24,298.60 0.00 2,388,425.39
08/15/01 0.00 1,939,049.15 10,949.16 0.00 1,949,998.32
------------- ------------ ---- -------------
Totals 30,400,000.00 8,635,565.67 0.00 39,035,565.67
Page 2 of 2
Exercise call option : Mandatory
Call option code : Earlier of
Fraction of coll. prin. : 0.1000
Yields are to Call
<PAGE>
Financial Strategies 12/13/96 10:57:15 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Price / Yield Tables Incorporated
Deal ID/CUSIP UCFC6D Coupon 7.323
Class A7 CUR Accr 0.38649 1st Pmt 01/15/97
Collateral 100%WL (Real) Factor on / /
N/GWAC (Orig) / (11.192/11.692) LIBOR-1M 5.60547
WAM (Orig) (21.470) Mat 12/15/26 Settle 12/20/96
CenterPrice 99-08 Inc 0.5 Table Yield Roll@
Int.Scan NC NC NC NC NC NC NC
Prepay HEP 25.00 HEP 15.00 HEP 18.00 HEP 21.00 HEP 28.00 HEP 31.00 HEP 34.00
Price
- ------- --------- --------- --------- --------- --------- --------- ---------
98-30+ 7.571 7.536 7.545 7.556 7.582 7.594 7.607
98-31 7.568 7.534 7.543 7.553 7.579 7.590 7.603
98-31+ 7.565 7.532 7.540 7.551 7.576 7.587 7.599
99-00 7.562 7.529 7.538 7.548 7.573 7.584 7.596
99-00+ 7.560 7.527 7.536 7.546 7.570 7.581 7.592
99-01 7.557 7.525 7.534 7.543 7.567 7.577 7.589
99-01+ 7.554 7.523 7.531 7.541 7.564 7.574 7.585
99-02 7.551 7.521 7.529 7.538 7.561 7.571 7.582
99-02+ 7.548 7.519 7.527 7.536 7.558 7.568 7.578
99-03 7.546 7.517 7.525 7.534 7.555 7.564 7.575
99-03+ 7.543 7.515 7.522 7.531 7.552 7.561 7.571
99-04 7.540 7.513 7.520 7.529 7.549 7.558 7.568
99-04+ 7.537 7.511 7.518 7.526 7.546 7.555 7.564
99-05 7.535 7.509 7.516 7.524 7.543 7.551 7.561
99-05+ 7.532 7.507 7.513 7.521 7.540 7.548 7.557
99-06 7.529 7.505 7.511 7.519 7.537 7.545 7.554
99-06+ 7.526 7.503 7.509 7.516 7.534 7.542 7.550
99-07 7.523 7.501 7.507 7.514 7.531 7.538 7.547
99-07+ 7.521 7.499 7.504 7.511 7.528 7.535 7.543
99-08 7.518 7.497 7.502 7.509 7.525 7.532 7.540
99-08+ 7.515 7.494 7.500 7.506 7.522 7.529 7.536
99-09 7.512 7.492 7.498 7.504 7.519 7.525 7.533
99-09+ 7.510 7.490 7.495 7.501 7.516 7.522 7.529
99-10 7.507 7.488 7.493 7.499 7.513 7.519 7.526
99-10+ 7.504 7.486 7.491 7.496 7.510 7.516 7.522
99-11 7.501 7.484 7.489 7.494 7.507 7.512 7.519
99-11+ 7.498 7.482 7.486 7.492 7.504 7.509 7.515
99-12 7.496 7.480 7.484 7.489 7.501 7.506 7.512
99-12+ 7.493 7.478 7.482 7.487 7.498 7.503 7.508
99-13 7.490 7.476 7.480 7.484 7.495 7.499 7.505
99-13+ 7.487 7.474 7.478 7.482 7.492 7.496 7.501
99-14 7.485 7.472 7.475 7.479 7.489 7.493 7.498
99-14+ 7.482 7.470 7.473 7.477 7.486 7.490 7.494
99-15 7.479 7.468 7.471 7.474 7.483 7.487 7.491
99-15+ 7.476 7.466 7.469 7.472 7.480 7.483 7.487
99-16 7.474 7.464 7.466 7.469 7.477 7.480 7.484
99-16+ 7.471 7.462 7.464 7.467 7.474 7.477 7.480
99-17 7.468 7.460 7.462 7.464 7.471 7.474 7.477
99-17+ 7.465 7.458 7.460 7.462 7.468 7.470 7.473
Avg. Life 7.653 11.819 10.319 8.986 6.903 6.236 5.653
Mod. Dur. 5.657 7.637 6.993 6.358 5.232 4.834 4.470
Mac. Dur. 5.870 7.924 7.256 6.597 5.429 5.016 4.638
1st Pmt. 7.653 11.819 10.319 8.986 6.903 6.236 5.653
Last Pmt. 08/15/04 10/15/08 04/15/07 12/15/05 11/15/03 03/15/03 08/15/02
BP/WAL-Tsy 125 108 111 117 130 134 138
Exercise call option : Mandatory
Call option code : Earlier of
Fraction of coll. prin. : 0.1000
Yields are to Call
Yield Curve: 3M 6M 1Y 2Y 3Y 5Y 10Y 30Y
Settlement 4.96 5.19 5.47 5.81 5.95 6.13 6.39 6.63 12/12/96
<PAGE>
PRELIMINARY
BACKGROUND INFORMATION
UCFC LOAN TRUST 1996-D
APPROXIMATE CLASS SIZES
[$98,900,000] Class A-1 FLOATING-RATE CERTIFICATES
(non-SMMEA-eligible)
[$55,700,000] Class A-2 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$49,100,000] Class A-3 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$30,400,000] Class A-4 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$34,600,000] Class A-5 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$39,000,000] Class A-6 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$17,300,000] Class A-7 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$325,000,000] Class A-8 FLOATING-RATE CERTIFICATES
(non-SMMEA-eligible)
HOME EQUITY LOAN PASS-THROUGH CERTIFICATES, SERIES 1996-D
The information included herein is provided solely by Prudential Securities
Incorporated ("PSI") as underwriter for the UCFC 1996-D transaction, and not by
or as agent for UCFC Acceptance or any of its affiliates (collectively, the
"Depositor"). The Depositor has not prepared, reviewed or participated in the
preparation hereof, is not responsible for the accuracy hereof and has not
authorized the dissemination hereof. The analysis in this report is accurate to
the best of PSI's knowledge and is based on information provided by the
Depositor. PSI makes no representations as to the accuracy of such information
provided by the Depositor. All opinions and conclusions in this report reflect
PSI's judgment as of this date and are subject to change. All analyses are based
on certain assumptions noted herein and different assumptions could yield
substantially different results. You are cautioned that there is no universally
accepted method for analyzing financial instruments. You should review the
assumptions; there may be differences between these assumptions and your actual
business practices. Further, PSI does not guarantee any results and there is no
guarantee as to the liquidity of the instruments involved in this analysis. The
decision to adopt any strategy remains your responsibility. PSI (or any of its
affiliates) or their officers, directors, analysts or employees may have
positions in securities, commodities or derivative instruments thereon referred
to herein, and may, as principal or agent, buy or sell such securities,
commodities or derivative instruments. In addition, PSI may make a market in the
securities referred to herein. Neither the information nor the opinions
expressed shall be construed to be, or constitute, an offer to sell or buy or a
solicitation of an offer to sell or buy any securities, commodities or
derivative instruments mentioned herein. Finally, PSI has not addressed the
legal, accounting and tax implications of the analysis with respect to you and
PSI strongly urges you to seek advice from your counsel, accountant and tax
advisor.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
PRICING INFORMATION
----------
GROUP I FIXED-RATE COLLATERAL
<TABLE>
<CAPTION>
Class: A-1 A-2 A-3 A-4 A-5 A-6 A-7
<S> <C> <C> <C> <C> <C> <C> <C>
Approximate
Face Amount: [98,900,000] [55,700,000] [49,100,000] [30,400,000] [34,600,000] [39,000,000] [17,300,000]
Coupon: 1M LIBOR + 8 Bps 6.381 6.541 6.776 6.918 7.180 7.323
Price: 100-00 100-00 100-00 100-00 100-00 100-00 100-00
Yield: N/A 6.33 6.54 6.80 6.96 7.24 7.39
Spread: 8 51 60 71 80 95 107
Exp Avg Life
to Maturity: [0.90] yrs [2.00] yrs [3.00] yrs [4.02] yrs [5.20] yrs [7.46] yrs [12.29] yrs
Exp Avg Life
to 10% call: [0.90] yrs [2.00] yrs [3.00] yrs [4.02] yrs [5.20] yrs [7.12] yrs [7.65] yrs
Exp 1st Prin Pmt: [01/15/97] [07/15/98] [06/15/99] [07/15/00] [06/15/01] [12/15/02] [08/15/04]***
Exp Mat: [07/15/98] [06/15/99] [07/15/00] [06/15/01] [12/15/02] [08/15/04]*** [08/15/04]***
Stated Mat: [09/15/07] [01/15/11] [11/15/13] [01/15/16] [02/15/19] [01/15/25] [12/15/26]
Expected
Rating: AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA
Pricing Speed: 25% HEP 25% HEP 25% HEP 25% HEP 25% HEP 25% HEP 25% HEP
Pricing Date: 12/11/96 12/11/96 12/11/96 12/11/96 12/11/96 12/11/96 12/11/96
Investor
Settle Date: [12/20/96] [12/20/96] [12/20/96] [12/20/96] [12/20/96] [12/20/96] [12/20/96]
Pmt Delay: 0 days 14 days 14 days 14 days 14 days 14 days 14 days
Cut-off Date: 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96
Dated Date: [12/19/96] 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96
Int Pmt: actual/360 30/360 30/360 30/360 30/360 30/360 30/360
Pmt Terms: Monthly Monthly Monthly Monthly Monthly Monthly Monthly
1st Int. Pmt Date: 01/15/97 01/15/97 01/15/97 01/15/97 01/15/97 01/15/97 01/15/97
Collateral Type: Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate
SMMEA
Eligibility: non-SMMEA non-SMMEA non-SMMEA non-SMMEA non-SMMEA non-SMMEA non-SMMEA
</TABLE>
* The Coupon on the Class A-1 Certificates will equal the lesser of:
1) One Month LIBOR + [TBD] bps
2) Group I Net Funds Cap
Group I Net Funds Cap: A rate equal to the weighted
average net coupon rate (i.e., the weighted
average coupon rate less [0.64625]% for
servicing fees, trustee fees and certificate
insurer premiums) for the Group I fixed-rate
collateral for such Distribution Date.
** Group I Coupon Step-Up: If the Servicer does not
exercise its option to call the Group I
Certificates at the 10% cleanup call date, then
the coupon on the Class A-7 Certificates shall
be raised by 50 bps.
*** To 10% Group I Clean-Up Call.
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
PRICING INFORMATION (CONT.)
----------
GROUP II FLOATING RATE COLLATERAL
Class: A-8
Approximate
Face Amount: [325,000,000]
Coupon: The least of:
1) 1M LIBOR + [TBD] bps
2) Group II Net Funds Cap (described below)
After the Cleanup Call, the least of:
1) 1M LIBOR + 2 x [TBD] bps
2) Group II Net Funds Cap
Price: 100-00
Yield: Variable
Spread: n/a
Index: 1 Month LIBOR
Disc. Margin: 22 bps
Life Cap: [14.75]%
Avg Life to Call: [2.99] yrs
Avg Life to Maturity: [3.29] yrs
Exp. 1st Prin Payment: [01/15/97]
Exp Mat to Call: [04/15/04]
Exp Mat: [11/15/26]
Stated Mat: [12/15/26]
Expected
Rating: AAA/Aaa/AAA
Pricing Spd: 27% HEP
Pricing Date: TBD
Investor
Settle Date: [12/20/96]
Pymt Delay: 0 days
Cut-off Date: 12/01/96
Dated Date: [12/19/96]
Int Pymt: actual/360
Pymt Terms: Monthly
1st Int. Pymt Date: 01/15/97
Collateral Type: FLoating-Rate
Eligibility: non-SMMEA Eligible
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Group II Net Funds Cap:
Group II Adjusted Net Coupon:
Net Coupon - fees ([14.625] bps) - surety carveout ([50] bps)*
The Group II Net Funds Cap on each Distribution Date will be the lesser of:
1) Weighted Average Gross Life Cap: [ 15.892 ]%
Less Surety carveout [ 0.500 ]% *
Less Servicing [ 0.500 ]%
Less Fees [ 0.14625 ]%
----------
[ 14.74575 ]%
2) Weighted Average Adjusted Net Coupon on the Group II loans for such
Distribution Date.
* Carveout not applicable for the first [12] bond payments.
Monthly Group II Net Funds Cap Summary:
(calculated on 30/360 basis)
Date: 01/97 07/97 01/98 07/98 01/99
Adjusted Net Coupon: [9.69] [9.86] [9.62] [9.62] [9.71]
Margin*: [3.87] [4.04] [3.80] [3.80] [3.89]
*(Assuming 1M LIBOR as of closing of [5.5977%] and a spread of [0.22%], 1M LIBOR
would have to rise by the corresponding Margin to fully adjust to the Net Funds
Cap under this scenario).
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
SUMMARY OF TERMS
--------------------------
Title of Securities: UCFC Loan Trust 1996-D1, Home Equity
Loan Pass-Through Certificates, Series 1996-D1, Class
A-1, A-2, A-3, A-4, A-5, A-6, and A-7 (the "Group I
Certificates") UCFC Loan Trust 1996-D2, Home Equity
Loan Pass-Through Certificates, Series 1996-D2, Class
A-8 (the "Group II Certificates").
Depositor: UCFC Acceptance Corporation.
Servicer: United Companies Lending Corporation.
Originators: The Home Equity Loans were, and any Subsequent Loans
will be, originated, either directly or through
correspondents or mortgage brokers, or purchased and
re-underwritten, by United Companies and certain
subsidiaries and affiliates thereof.
Trustee: Bankers Trust Company of California, N.A.
Aggregate
Certificate Balance: Group I Fixed-Rate (non-SMMEA) $ [325,000,000]
Group II Floating-Rate (non-SMMEA) $ [325,000,000]
Securities Offered: 100% MBIA-guaranteed, pass-through certificates.
Offering: Public shelf offering -- a prospectus and prospectus
supplement will be distributed after pricing.
Pricing Date: TBD
Investor
Settlement Date: [12/20/96]
Form of Certificates: Book-Entry form, same-day funds through DTC, Euroclear
and CEDEL
Pass-Through Rate: 1-Month LIBOR + TBD bps on Class A-1 Certificates *
TBD % on Class A-2 Certificates
TBD % on Class A-3 Certificates
TBD % on Class A-4 Certificates
TBD % on Class A-5 Certificates
TBD % on Class A-6 Certificates
TBD % on Class A-7 Certificates
1-Month LIBOR + TBD bps on Class A-8 Certificates *
* Subject to the Net Funds Cap for their respective
Loan Group
Prepayment
Assumption: For Class A-1 through A-7, 25% HEP (2.5% CPR in month 1
with monthly incremental increases of 2.5% CPR until
the speed reaches 25% CPR in month 10 based on loan
seasoning.) This means that seasoned loans will start
further up on the prepayment curve.
For Class A-8, 27% HEP (2.7% CPR in month 1 with
monthly incremental increases of 2.7% CPR until the
speed reaches 27% CPR in month 10 based on loan
seasoning.) This means that seasoned loans will start
further up on the prepayment curve.
Principal Paydown: All Group I principal pays Group I bonds sequentially.
All Group II principal is passed through to Class A-8.
Payment Date: The 15th day of each month (or, if any such date
is not a business day, the first business day
thereafter) commencing on January 15, 1997. The payment
delay will be 0 days for the Class A-1 and Class A-8
Certificates and 14 days for the Class A-2, A-3, A-4,
A-5, A-6 and A-7 Certificates.
Interest Accrual
Period: The initial interest accrual period on the Class A-1
and Class A-8 Certificates will be from December [19th]
until January 14th. In future periods, interest on the
Class A-1 and Class A-8 Certificates will accrue during
the period commencing on the 15th day of the preceding
month until the 14th day of the current month.
Interest on the Class A-2 through A-7 Certificates will
accrue from the first day of the preceeding month until
the 30th day of the preceeding month.
Optional
Cleanup Call: The Servicer may call the Certificates in a
particular Loan Group on any Remittance Date when the
then-outstanding collateral balance in that Loan Group
is less than or equal to 10% of their original
collateral balance.
Group I
Coupon Step-Up: If the Servicer does not exercise its option
to call the Group I Certificates at the 10% cleanup
call date, then the coupon on the Class A-7
Certificates shall be raised by 50 bps.
Group II
Coupon Step-Up: If the Servicer does not exercise its option
to call the Group II Certificates at the 10% cleanup
call date, then the coupon on the Class A-8
Certificates shall be raised to LIBOR + 2 x TBD bps
subject to the Group II Net Funds Cap.
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Pre-Funding Account: On the closing date, approximately [$78,087,337] and
[$69,790,743] will be deposited in pre-funding accounts
for the purchase of additional fixed- and floating-rate
mortgage loans, respectively. From the closing date
until February 15, 1997, the Trust intends to purchase
mortgage loans up to the entire pre-funding amounts.
Funds remaining in either of the pre-funding accounts
that total less than $100,000 after this period will be
distributed to investors in the related Class A-1 and
Class A-8 Certificates as prepayments on February 15,
1997. If the funds remaining in either of the
pre-funding accounts total greater than $100,000 after
this period, the funds will be distributed on a
pro-rata basis to the investors in the related Class
A-1 through A-7 Certificates in the case of the
fixed-rate prefunding account and to the investors in
the Class A-8 Certificates in the case of the
floating-rate prefunding account as a prepayment on
February 15, 1997. The additional mortgage loans will
be subject to certain aggregate group characteristics
that will be more fully described in the Prospectus
Supplement.
Certificate Insurer: MBIA Insurance Corporation ("MBIA"). MBIA's
claims-paying ability is rated "AAA" by Standard &
Poor's, "Aaa" by Moody's Investors Service and "AAA" by
Fitch Investors Service, Inc.
Certificate Insurance
Policy: The Certificate Insurance Policy will provide 100%
coverage of timely interest and ultimate principal
payments due on the Certificates.
Reserve Account: A Reserve account will be available to cover
losses prior to any draw on the Certificate Insurance
Policy. The initial deposit and maintenance levels of
the reserve account will be sized by the surety
provider.
Servicing Fee: 50 basis points per annum.
ERISA Considerations: It is believed that the Certificates
will be ERISA eligible after the pre-funding period.
However, investors should consult with their counsel
with respect to the consequences under ERISA and the
Internal Revenue Code of the Plan's acquisition and
ownership of such Certificates.
Taxation: REMIC.
Legal Investment: None of the Certificates will be SMMEA-eligible.
Certificates Ratings: "AAA" by S&P, "Aaa" by Moody's, and "AAA" by Fitch for
the Class A-1, A-2, A-3, A-4, A-5, A-6, A-7 and A-8
Certificates.
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT BALANCE: $98,900,000.00 DATED DATE: 12/19/96
CURRENT COUPON: 5.678% ucfc6d FIRST PAYMENT: 01/15/97
FACTOR: 1.0000000000 TOTAL CLASSES: 7
ORIGINAL BALANCE: $98,900,000.00 YIELD TABLE DATE: 12/20/96
BOND A1 DISCOUNT MARGIN ACT/360 TABLE
ASSUMED CONSTANT LIBOR-1M 5.5977
<TABLE>
<CAPTION>
PRICING SPEED
25.0% 15.00% 18.00% 21.00% 25.00% 28.00% 31.00% 34.00%
PRICE HEP HEP HEP HEP HEP HEP HEP HEP
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-28+ 20.393 16.826 17.976 19.055 20.393 21.333 22.216 23.059
99-29 18.620 15.564 16.549 17.474 18.620 19.426 20.183 20.905
99-29+ 16.848 14.301 15.123 15.893 16.848 17.519 18.150 18.752
99-30 15.076 13.040 13.696 14.312 15.076 15.613 16.118 16.599
99-30+ 13.305 11.778 12.270 12.732 13.305 13.707 14.085 14.446
99-31 11.534 10.517 10.845 11.152 11.534 11.802 12.054 12.294
99-31+ 9.763 9.256 9.419 9.573 9.763 9.897 10.023 10.142
100-00 7.993 7.995 7.994 7.993 7.993 7.992 7.992 7.991
100-00+ 6.223 6.734 6.569 6.415 6.223 6.088 5.961 5.840
100-01 4.453 5.474 5.145 4.836 4.453 4.184 3.931 3.690
100-01+ 2.684 4.214 3.721 3.258 2.684 2.281 1.901 1.540
First Payment 0.069 0.069 0.069 0.069 0.069 0.069 0.069 0.069
Average Life 0.900 1.282 1.127 1.013 0.900 0.835 0.781 0.736
Last Payment 1.569 2.403 2.069 1.819 1.569 1.403 1.319 1.236
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT BALANCE: $55,700,000.00 DATED DATE: 12/01/96
COUPON: 6.381% ucfc6d FIRST PAYMENT: 01/15/97
FACTOR: 1.0000000000 TOTAL CLASSES: 7
ORIGINAL BALANCE: $55,700,000.00 YIELD TABLE DATE: 12/20/96
BOND A2 PRICE-YIELD TABLE
PREPAYMENT SPEED
<TABLE>
<CAPTION>
PRICING SPEED
25.0% 15.00% 18.00% 21.00% 25.00% 28.00% 31.00% 34.00%
PRICE HEP HEP HEP HEP HEP HEP HEP HEP
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.467 6.467 6.467 6.467 6.467 6.467 6.468 6.468
99-24+ 6.459 6.461 6.461 6.460 6.459 6.458 6.457 6.457
99-25 6.450 6.456 6.454 6.452 6.450 6.449 6.447 6.446
99-25+ 6.442 6.450 6.447 6.445 6.442 6.439 6.437 6.435
99-26 6.433 6.444 6.441 6.437 6.433 6.430 6.427 6.424
99-26+ 6.424 6.438 6.434 6.430 6.424 6.420 6.416 6.412
99-27 6.416 6.433 6.428 6.423 6.416 6.411 6.406 6.401
99-27+ 6.407 6.427 6.421 6.415 6.407 6.402 6.396 6.390
99-28 6.399 6.421 6.414 6.408 6.399 6.392 6.386 6.379
99-28+ 6.390 6.415 6.408 6.400 6.390 6.383 6.376 6.368
99-29 6.382 6.410 6.401 6.393 6.382 6.373 6.365 6.357
99-29+ 6.373 6.404 6.395 6.385 6.373 6.364 6.355 6.346
99-30 6.365 6.398 6.388 6.378 6.365 6.355 6.345 6.335
99-30+ 6.356 6.393 6.381 6.370 6.356 6.345 6.335 6.324
99-31 6.347 6.387 6.375 6.363 6.347 6.336 6.325 6.313
99-31+ 6.339 6.381 6.368 6.356 6.339 6.327 6.314 6.302
100-00 6.330 6.375 6.362 6.348 6.330 6.317 6.304 6.291
100-00+ 6.322 6.370 6.355 6.341 6.322 6.308 6.294 6.280
100-01 6.313 6.364 6.349 6.333 6.313 6.298 6.284 6.270
100-01+ 6.305 6.358 6.342 6.326 6.305 6.289 6.274 6.259
100-02 6.296 6.353 6.335 6.318 6.296 6.280 6.263 6.248
100-02+ 6.288 6.347 6.329 6.311 6.288 6.270 6.253 6.237
100-03 6.279 6.341 6.322 6.304 6.279 6.261 6.243 6.226
100-03+ 6.271 6.335 6.316 6.296 6.271 6.252 6.233 6.215
100-04 6.262 6.330 6.309 6.289 6.262 6.242 6.223 6.204
100-04+ 6.254 6.324 6.303 6.281 6.254 6.233 6.213 6.193
100-05 6.245 6.318 6.296 6.274 6.245 6.224 6.202 6.182
100-05+ 6.236 6.313 6.289 6.267 6.236 6.214 6.192 6.171
100-06 6.228 6.307 6.283 6.259 6.228 6.205 6.182 6.160
100-06+ 6.219 6.301 6.276 6.252 6.219 6.196 6.172 6.149
100-07 6.211 6.295 6.270 6.244 6.211 6.186 6.162 6.138
100-07+ 6.202 6.290 6.263 6.237 6.202 6.177 6.152 6.127
First Payment 1.569 2.403 2.069 1.819 1.569 1.403 1.319 1.236
Average Life 2.000 3.096 2.654 2.326 2.000 1.813 1.660 1.532
Last Payment 2.486 3.903 3.319 2.903 2.486 2.236 2.069 1.903
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT BALANCE: $49,100,000.00 DATED DATE: 12/01/96
COUPON: 6.541% ucfc6d FIRST PAYMENT: 01/15/97
FACTOR: 1.0000000000 TOTAL CLASSES: 7
ORIGINAL BALANCE: $49,100,000.00 YIELD TABLE DATE: 12/20/96
BOND A3 PRICE-YIELD TABLE
PREPAYMENT SPEED
<TABLE>
<CAPTION>
PRICING SPEED
25.0% 15.00% 18.00% 21.00% 25.00% 28.00% 31.00% 34.00%
PRICE HEP HEP HEP HEP HEP HEP HEP HEP
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.629 6.630 6.629 6.629 6.629 6.629 6.629 6.629
99-24+ 6.623 6.626 6.625 6.624 6.623 6.622 6.622 6.621
99-25 6.617 6.622 6.620 6.619 6.617 6.616 6.614 6.613
99-25+ 6.611 6.618 6.616 6.614 6.611 6.609 6.607 6.605
99-26 6.605 6.614 6.611 6.609 6.605 6.603 6.600 6.598
99-26+ 6.600 6.610 6.607 6.604 6.600 6.596 6.593 6.590
99-27 6.594 6.606 6.602 6.599 6.594 6.590 6.586 6.582
99-27+ 6.588 6.602 6.598 6.593 6.588 6.583 6.579 6.575
99-28 6.582 6.598 6.593 6.588 6.582 6.577 6.572 6.567
99-28+ 6.576 6.594 6.589 6.583 6.576 6.570 6.565 6.559
99-29 6.570 6.590 6.584 6.578 6.570 6.564 6.558 6.551
99-29+ 6.564 6.586 6.580 6.573 6.564 6.557 6.551 6.544
99-30 6.558 6.582 6.575 6.568 6.558 6.551 6.543 6.536
99-30+ 6.552 6.578 6.571 6.563 6.552 6.544 6.536 6.528
99-31 6.546 6.574 6.566 6.558 6.546 6.538 6.529 6.521
99-31+ 6.540 6.570 6.562 6.553 6.540 6.531 6.522 6.513
100-00 6.535 6.566 6.557 6.547 6.535 6.525 6.515 6.505
100-00+ 6.529 6.562 6.553 6.542 6.529 6.518 6.508 6.498
100-01 6.523 6.559 6.548 6.537 6.523 6.512 6.501 6.490
100-01+ 6.517 6.555 6.543 6.532 6.517 6.505 6.494 6.482
100-02 6.511 6.551 6.539 6.527 6.511 6.499 6.487 6.474
100-02+ 6.505 6.547 6.534 6.522 6.505 6.492 6.480 6.467
100-03 6.499 6.543 6.530 6.517 6.499 6.486 6.473 6.459
100-03+ 6.493 6.539 6.525 6.512 6.493 6.479 6.465 6.451
100-04 6.487 6.535 6.521 6.507 6.487 6.473 6.458 6.444
100-04+ 6.482 6.531 6.516 6.502 6.482 6.466 6.451 6.436
100-05 6.476 6.527 6.512 6.496 6.476 6.460 6.444 6.428
100-05+ 6.470 6.523 6.507 6.491 6.470 6.454 6.437 6.421
100-06 6.464 6.519 6.503 6.486 6.464 6.447 6.430 6.413
100-06+ 6.458 6.515 6.498 6.481 6.458 6.441 6.423 6.405
100-07 6.452 6.511 6.494 6.476 6.452 6.434 6.416 6.398
100-07+ 6.446 6.507 6.489 6.471 6.446 6.428 6.409 6.390
First Payment 2.486 3.903 3.319 2.903 2.486 2.236 2.069 1.903
Average Life 3.001 4.739 4.045 3.523 3.001 2.698 2.451 2.243
Last Payment 3.569 5.653 4.819 4.236 3.569 3.236 2.903 2.653
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT BALANCE: $30,400,000.00 DATED DATE: 12/01/96
COUPON: 6.776% ucfc6d FIRST PAYMENT: 01/15/97
FACTOR: 1.0000000000 TOTAL CLASSES: 7
ORIGINAL BALANCE: $30,400,000.00 YIELD TABLE DATE: 12/20/96
BOND A4 PRICE-YIELD TABLE
PREPAYMENT SPEED
<TABLE>
<CAPTION>
PRICING SPEED
25.0% 15.00% 18.00% 21.00% 25.00% 28.00% 31.00% 34.00%
PRICE HEP HEP HEP HEP HEP HEP HEP HEP
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 6.868 6.870 6.869 6.869 6.868 6.868 6.868 6.867
99-24+ 6.864 6.867 6.866 6.865 6.864 6.863 6.862 6.861
99-25 6.859 6.863 6.862 6.861 6.859 6.858 6.857 6.855
99-25+ 6.855 6.860 6.859 6.857 6.855 6.853 6.851 6.849
99-26 6.850 6.857 6.855 6.853 6.850 6.848 6.845 6.843
99-26+ 6.845 6.854 6.852 6.849 6.845 6.843 6.840 6.837
99-27 6.841 6.851 6.848 6.845 6.841 6.838 6.834 6.831
99-27+ 6.836 6.848 6.845 6.841 6.836 6.833 6.829 6.825
99-28 6.832 6.845 6.841 6.837 6.832 6.828 6.823 6.819
99-28+ 6.827 6.842 6.837 6.833 6.827 6.823 6.818 6.813
99-29 6.823 6.839 6.834 6.829 6.823 6.818 6.812 6.807
99-29+ 6.818 6.835 6.830 6.825 6.818 6.813 6.807 6.801
99-30 6.813 6.832 6.827 6.821 6.813 6.807 6.801 6.795
99-30+ 6.809 6.829 6.823 6.817 6.809 6.802 6.796 6.789
99-31 6.804 6.826 6.820 6.813 6.804 6.797 6.790 6.783
99-31+ 6.800 6.823 6.816 6.809 6.800 6.792 6.785 6.777
100-00 6.795 6.820 6.813 6.805 6.795 6.787 6.779 6.771
100-00+ 6.791 6.817 6.809 6.801 6.791 6.782 6.774 6.765
100-01 6.786 6.814 6.806 6.797 6.786 6.777 6.768 6.759
100-01+ 6.781 6.811 6.802 6.793 6.781 6.772 6.763 6.753
100-02 6.777 6.807 6.799 6.789 6.777 6.767 6.757 6.748
100-02+ 6.772 6.804 6.795 6.785 6.772 6.762 6.752 6.742
100-03 6.768 6.801 6.792 6.782 6.768 6.757 6.746 6.736
100-03+ 6.763 6.798 6.788 6.778 6.763 6.752 6.741 6.730
100-04 6.759 6.795 6.785 6.774 6.759 6.747 6.736 6.724
100-04+ 6.754 6.792 6.781 6.770 6.754 6.742 6.730 6.718
100-05 6.750 6.789 6.777 6.766 6.750 6.737 6.725 6.712
100-05+ 6.745 6.786 6.774 6.762 6.745 6.732 6.719 6.706
100-06 6.740 6.783 6.770 6.758 6.740 6.727 6.714 6.700
100-06+ 6.736 6.780 6.767 6.754 6.736 6.722 6.708 6.694
100-07 6.731 6.776 6.763 6.750 6.731 6.717 6.703 6.688
100-07+ 6.727 6.773 6.760 6.746 6.727 6.712 6.697 6.682
First Payment 3.569 5.653 4.819 4.236 3.569 3.236 2.903 2.653
Average Life 4.019 6.371 5.444 4.735 4.019 3.601 3.257 2.969
Last Payment 4.486 7.153 6.069 5.319 4.486 4.069 3.653 3.319
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT BALANCE: $34,600,000.00 DATED DATE: 12/01/96
COUPON: 6.918% ucfc6d FIRST PAYMENT: 01/15/97
FACTOR: 1.0000000000 TOTAL CLASSES: 7
ORIGINAL BALANCE: $34,600,000.00 YIELD TABLE DATE: 12/20/96
BOND A5 PRICE-YIELD TABLE
PREPAYMENT SPEED
<TABLE>
<CAPTION>
PRICING SPEED
25.0% 15.00% 18.00% 21.00% 25.00% 28.00% 31.00% 34.00%
PRICE HEP HEP HEP HEP HEP HEP HEP HEP
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.014 7.015 7.015 7.014 7.014 7.013 7.013 7.013
99-24+ 7.010 7.013 7.012 7.011 7.010 7.009 7.009 7.008
99-25 7.007 7.010 7.009 7.008 7.007 7.005 7.004 7.003
99-25+ 7.003 7.008 7.006 7.005 7.003 7.001 7.000 6.998
99-26 6.999 7.005 7.003 7.002 6.999 6.997 6.995 6.993
99-26+ 6.995 7.002 7.000 6.998 6.995 6.993 6.991 6.989
99-27 6.992 7.000 6.998 6.995 6.992 6.989 6.986 6.984
99-27+ 6.988 6.997 6.995 6.992 6.988 6.985 6.982 6.979
99-28 6.984 6.995 6.992 6.989 6.984 6.981 6.978 6.974
99-28+ 6.981 6.992 6.989 6.985 6.981 6.977 6.973 6.969
99-29 6.977 6.990 6.986 6.982 6.977 6.973 6.969 6.965
99-29+ 6.973 6.987 6.983 6.979 6.973 6.969 6.964 6.960
99-30 6.970 6.984 6.980 6.976 6.970 6.965 6.960 6.955
99-30+ 6.966 6.982 6.977 6.973 6.966 6.961 6.956 6.950
99-31 6.962 6.979 6.974 6.969 6.962 6.957 6.951 6.945
99-31+ 6.959 6.977 6.972 6.966 6.959 6.953 6.947 6.941
100-00 6.955 6.974 6.969 6.963 6.955 6.949 6.942 6.936
100-00+ 6.951 6.971 6.966 6.960 6.951 6.945 6.938 6.931
100-01 6.948 6.969 6.963 6.956 6.948 6.941 6.933 6.926
100-01+ 6.944 6.966 6.960 6.953 6.944 6.937 6.929 6.921
100-02 6.940 6.964 6.957 6.950 6.940 6.933 6.925 6.917
100-02+ 6.936 6.961 6.954 6.947 6.936 6.928 6.920 6.912
100-03 6.933 6.959 6.951 6.944 6.933 6.924 6.916 6.907
100-03+ 6.929 6.956 6.948 6.940 6.929 6.920 6.911 6.902
100-04 6.925 6.954 6.946 6.937 6.925 6.916 6.907 6.897
100-04+ 6.922 6.951 6.943 6.934 6.922 6.912 6.903 6.893
100-05 6.918 6.948 6.940 6.931 6.918 6.908 6.898 6.888
100-05+ 6.914 6.946 6.937 6.927 6.914 6.904 6.894 6.883
100-06 6.911 6.943 6.934 6.924 6.911 6.900 6.889 6.878
100-06+ 6.907 6.941 6.931 6.921 6.907 6.896 6.885 6.873
100-07 6.903 6.938 6.928 6.918 6.903 6.892 6.881 6.869
100-07+ 6.900 6.936 6.925 6.915 6.900 6.888 6.876 6.864
First Payment 4.486 7.153 6.069 5.319 4.486 4.069 3.653 3.319
Average Life 5.197 8.189 7.033 6.127 5.197 4.651 4.197 3.816
Last Payment 5.986 9.403 8.069 7.069 5.986 5.403 4.819 4.403
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT BALANCE: $39,000,000.00 DATED DATE: 12/01/96
COUPON: 7.180% ucfc6d FIRST PAYMENT: 01/15/97
FACTOR: 1.0000000000 TOTAL CLASSES: 7
ORIGINAL BALANCE: $39,000,000.00 YIELD TABLE DATE: 12/20/96
BOND A6 PRICE-YIELD TABLE
***************** TO CALL *****************
PREPAYMENT SPEED
<TABLE>
<CAPTION>
PRICING SPEED
25.0% 15.00% 18.00% 21.00% 25.00% 28.00% 31.00% 34.00%
PRICE HEP HEP HEP HEP HEP HEP HEP HEP
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.283 7.284 7.284 7.283 7.283 7.282 7.282 7.281
99-24+ 7.280 7.282 7.282 7.281 7.280 7.279 7.278 7.278
99-25 7.277 7.280 7.279 7.278 7.277 7.276 7.275 7.274
99-25+ 7.274 7.278 7.277 7.276 7.274 7.273 7.272 7.270
99-26 7.271 7.276 7.275 7.273 7.271 7.270 7.268 7.266
99-26+ 7.268 7.274 7.272 7.271 7.268 7.267 7.265 7.263
99-27 7.265 7.272 7.270 7.268 7.265 7.263 7.261 7.259
99-27+ 7.263 7.269 7.268 7.265 7.263 7.260 7.258 7.255
99-28 7.260 7.267 7.265 7.263 7.260 7.257 7.254 7.252
99-28+ 7.257 7.265 7.263 7.260 7.257 7.254 7.251 7.248
99-29 7.254 7.263 7.261 7.258 7.254 7.251 7.248 7.244
99-29+ 7.251 7.261 7.258 7.255 7.251 7.248 7.244 7.241
99-30 7.248 7.259 7.256 7.253 7.248 7.245 7.241 7.237
99-30+ 7.245 7.257 7.254 7.250 7.245 7.241 7.237 7.233
99-31 7.242 7.255 7.251 7.248 7.242 7.238 7.234 7.230
99-31+ 7.239 7.253 7.249 7.245 7.239 7.235 7.231 7.226
100-00 7.237 7.250 7.247 7.242 7.237 7.232 7.227 7.222
100-00+ 7.234 7.248 7.244 7.240 7.234 7.229 7.224 7.218
100-01 7.231 7.246 7.242 7.237 7.231 7.226 7.220 7.215
100-01+ 7.228 7.244 7.240 7.235 7.228 7.223 7.217 7.211
100-02 7.225 7.242 7.237 7.232 7.225 7.219 7.214 7.207
100-02+ 7.222 7.240 7.235 7.230 7.222 7.216 7.210 7.204
100-03 7.219 7.238 7.233 7.227 7.219 7.213 7.207 7.200
100-03+ 7.216 7.236 7.230 7.224 7.216 7.210 7.203 7.196
100-04 7.213 7.234 7.228 7.222 7.213 7.207 7.200 7.193
100-04+ 7.211 7.231 7.226 7.219 7.211 7.204 7.197 7.189
100-05 7.208 7.229 7.223 7.217 7.208 7.201 7.193 7.185
100-05+ 7.205 7.227 7.221 7.214 7.205 7.197 7.190 7.182
100-06 7.202 7.225 7.219 7.212 7.202 7.194 7.186 7.178
100-06+ 7.199 7.223 7.216 7.209 7.199 7.191 7.183 7.174
100-07 7.196 7.221 7.214 7.207 7.196 7.188 7.180 7.171
100-07+ 7.193 7.219 7.212 7.204 7.193 7.185 7.176 7.167
First Payment 5.986 9.403 8.069 7.069 5.986 5.403 4.819 4.403
Average Life 7.119 11.040 9.580 8.366 7.119 6.392 5.768 5.233
Last Payment 7.653 11.819 10.319 8.986 7.653 6.903 6.236 5.653
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT BALANCE: $17,300,000.00 DATED DATE: 12/01/96
COUPON: 7.323% ucfc6d FIRST PAYMENT: 01/15/97
FACTOR: 1.0000000000 TOTAL CLASSES: 7
ORIGINAL BALANCE: $17,300,000.00 YIELD TABLE DATE: 12/20/96
BOND A7 PRICE-YIELD TABLE
******************* TO CALL *****************
PREPAYMENT SPEED
<TABLE>
<CAPTION>
PRICING SPEED
25.0% 15.00% 18.00% 21.00% 25.00% 28.00% 31.00% 34.00%
PRICE HEP HEP HEP HEP HEP HEP HEP HEP
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 7.429 7.431 7.431 7.430 7.429 7.429 7.428 7.428
99-24+ 7.427 7.429 7.428 7.428 7.427 7.426 7.425 7.424
99-25 7.424 7.427 7.426 7.425 7.424 7.423 7.422 7.421
99-25+ 7.421 7.425 7.424 7.423 7.421 7.420 7.419 7.417
99-26 7.418 7.423 7.422 7.420 7.418 7.417 7.416 7.414
99-26+ 7.416 7.421 7.420 7.418 7.416 7.414 7.412 7.410
99-27 7.413 7.419 7.417 7.415 7.413 7.411 7.409 7.407
99-27+ 7.410 7.417 7.415 7.413 7.410 7.408 7.406 7.403
99-28 7.407 7.415 7.413 7.411 7.407 7.405 7.403 7.400
99-28+ 7.405 7.413 7.411 7.408 7.405 7.402 7.399 7.396
99-29 7.402 7.411 7.408 7.406 7.402 7.399 7.396 7.393
99-29+ 7.399 7.409 7.406 7.403 7.399 7.396 7.393 7.389
99-30 7.396 7.407 7.404 7.401 7.396 7.393 7.390 7.386
99-30+ 7.394 7.405 7.402 7.398 7.394 7.390 7.387 7.383
99-31 7.391 7.403 7.399 7.396 7.391 7.387 7.383 7.379
99-31+ 7.388 7.401 7.397 7.393 7.388 7.384 7.380 7.376
100-00 7.385 7.398 7.395 7.391 7.385 7.381 7.377 7.372
100-00+ 7.383 7.396 7.393 7.389 7.383 7.378 7.374 7.369
100-01 7.380 7.394 7.391 7.386 7.380 7.375 7.370 7.365
100-01+ 7.377 7.392 7.388 7.384 7.377 7.372 7.367 7.362
100-02 7.374 7.390 7.386 7.381 7.374 7.370 7.364 7.358
100-02+ 7.372 7.388 7.384 7.379 7.372 7.367 7.361 7.355
100-03 7.369 7.386 7.382 7.376 7.369 7.364 7.358 7.351
100-03+ 7.366 7.384 7.380 7.374 7.366 7.361 7.354 7.348
100-04 7.364 7.382 7.377 7.371 7.364 7.358 7.351 7.344
100-04+ 7.361 7.380 7.375 7.369 7.361 7.355 7.348 7.341
100-05 7.358 7.378 7.373 7.367 7.358 7.352 7.345 7.337
100-05+ 7.355 7.376 7.371 7.364 7.355 7.349 7.342 7.334
100-06 7.353 7.374 7.368 7.362 7.353 7.346 7.338 7.330
100-06+ 7.350 7.372 7.366 7.359 7.350 7.343 7.335 7.327
100-07 7.347 7.370 7.364 7.357 7.347 7.340 7.332 7.324
100-07+ 7.344 7.368 7.362 7.354 7.344 7.337 7.329 7.320
First Payment 7.653 11.819 10.319 8.986 7.653 6.903 6.236 5.653
Average Life 7.653 11.819 10.319 8.986 7.653 6.903 6.236 5.653
Last Payment 7.653 11.819 10.319 8.986 7.653 6.903 6.236 5.653
</TABLE>
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT BALANCE: $325,000,000.00 DATED DATE: 12/19/96
CURRENT COUPON: 0.000% ucfc6d FIRST PAYMENT: 01/15/97
FACTOR: 1.0000000000 TOTAL CLASSES: 3
ORIGINAL BALANCE: $325,000,000.00 YIELD TABLE DATE: 12/20/96
BOND A8 DISCOUNT MARGIN ACT/360 TABLE
***************** TO CALL *****************
ASSUMED CONSTANT LIBOR-1M 5.5977
<TABLE>
<CAPTION>
PRICING SPEED
27.0% 15.00% 18.00% 22.00% 27.00% 32.00% 34.00% 36.00%
PRICE HEP HEP HEP HEP HEP HEP HEP HEP
<S> <C> <C> <C> <C> <C> <C> <C> <C>
99-24 31.434 27.778 28.655 29.855 31.434 33.068 33.747 34.421
99-24+ 30.843 27.416 28.238 29.363 30.843 32.374 33.011 33.643
99-25 30.252 27.054 27.822 28.871 30.252 31.681 32.276 32.865
99-25+ 29.661 26.693 27.405 28.380 29.661 30.988 31.540 32.087
99-26 29.071 26.331 26.988 27.888 29.071 30.296 30.805 31.310
99-26+ 28.481 25.969 26.572 27.396 28.481 29.603 30.070 30.533
99-27 27.891 25.608 26.156 26.905 27.891 28.911 29.335 29.756
99-27+ 27.301 25.246 25.739 26.414 27.301 28.219 28.600 28.979
99-28 26.711 24.885 25.323 25.922 26.711 27.527 27.866 28.202
99-28+ 26.121 24.524 24.907 25.431 26.121 26.835 27.132 27.426
99-29 25.531 24.163 24.491 24.941 25.531 26.143 26.398 26.650
99-29+ 24.942 23.802 24.075 24.450 24.942 25.452 25.664 25.874
99-30 24.353 23.441 23.660 23.959 24.353 24.760 24.930 25.098
99-30+ 23.764 23.080 23.244 23.469 23.764 24.069 24.196 24.322
99-31 23.175 22.720 22.829 22.978 23.175 23.378 23.463 23.547
99-31+ 22.586 22.359 22.413 22.488 22.586 22.688 22.730 22.772
100-00 21.997 21.998 21.998 21.998 21.997 21.997 21.997 21.997
100-00+ 21.409 21.638 21.583 21.508 21.409 21.307 21.264 21.222
100-01 20.821 21.278 21.168 21.018 20.821 20.616 20.531 20.447
100-01+ 20.233 20.918 20.753 20.528 20.233 19.926 19.799 19.673
100-02 19.645 20.557 20.338 20.039 19.645 19.237 19.067 18.899
100-02+ 19.057 20.197 19.924 19.549 19.057 18.547 18.335 18.125
100-03 18.469 19.837 19.509 19.060 18.469 17.857 17.603 17.351
100-03+ 17.881 19.478 19.095 18.571 17.881 17.168 16.871 16.577
100-04 17.294 19.118 18.680 18.082 17.294 16.479 16.140 15.804
100-04+ 16.707 18.758 18.266 17.593 16.707 15.790 15.408 15.030
100-05 16.120 18.399 17.852 17.104 16.120 15.101 14.677 14.257
100-05+ 15.533 18.039 17.438 16.615 15.533 14.412 13.946 13.485
100-06 14.946 17.680 17.024 16.127 14.946 13.724 13.216 12.712
100-06+ 14.359 17.321 16.610 15.638 14.359 13.036 12.485 11.940
100-07 13.773 16.962 16.197 15.150 13.773 12.348 11.755 11.167
100-07+ 13.187 16.603 15.783 14.662 13.187 11.660 11.025 10.395
First Payment 0.069 0.069 0.069 0.069 0.069 0.069 0.069 0.069
Average Life 2.996 5.416 4.536 3.713 2.996 2.498 2.337 2.197
Last Payment 7.319 13.319 11.153 9.153 7.319 6.069 5.653 5.319
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
- --------------------------------------------------------------------------------
- UCFC6D
- Cut Off Date of Tape is 12/1/96
- GROUP I - Fixed Rate Collateral
- $246,919,662.76
- --------------------------------------------------------------------------------
Number of Mortgage Loans: 5,094
Aggregate Unpaid Principal Balance: $246,919,662.76
Aggregate Original Principal Balance: $247,291,843.72
Weighted Average Gross Coupon: 11.695%
Gross Coupon Range: 8.250% - 16.000%
Average Unpaid Principal Balance: $48,472.65
Average Original Principal Balance: $48,545.71
Maximum Unpaid Principal Balance: $500,000.00
Minimum Unpaid Principal Balance: $4,318.44
Maximum Original Principal Balance: $500,000.00
Minimum Original Principal Balance: $4,500.00
Weighted Avg. Stated Rem. Term (LPD to Mat Date): 253.291
Stated Rem Term Range: 48.000 - 360.000
Weighted Avg. Amortized Rem. Term: 259.852
Amortized Rem Term Range: 47.999 - 360.074
Weighted Average Age (First Pay thru Last Pay): 0.903
Age Range: 0.000 - 122.000
Weighted Average Original Term: 254.193
Original Term Range: 48.000 - 360.000
Weighted Average Combined LTV: 79.455
Combined LTV Range: 7.400% - 100.000%
- --------------------------------------------------------------------------------
GROSS COUPON
- --------------------------------------------------------------------------------
Total
Gross # % Current
Coupon Loan Pool Balance
8.00% < Gross Coupon <= 8.25% 1 .02 $55,278.53
8.25% < Gross Coupon <= 8.50% 3 .05 $117,432.50
8.75% < Gross Coupon <= 9.00% 5 .19 $461,761.97
9.00% < Gross Coupon <= 9.25% 15 .36 $887,258.26
9.25% < Gross Coupon <= 9.50% 14 .34 $845,559.09
9.50% < Gross Coupon <= 9.75% 84 1.36 $3,345,830.94
9.75% < Gross Coupon <= 10.00% 73 1.62 $4,009,447.29
10.00% < Gross Coupon <= 10.25% 156 3.29 $8,118,060.91
10.25% < Gross Coupon <= 10.50% 210 4.49 $11,094,031.28
10.50% < Gross Coupon <= 10.75% 249 6.23 $15,380,324.94
10.75% < Gross Coupon <= 11.00% 456 10.03 $24,758,073.40
11.00% < Gross Coupon <= 11.25% 379 8.82 $21,774,133.03
11.25% < Gross Coupon <= 11.50% 349 8.37 $20,670,949.14
11.50% < Gross Coupon <= 11.75% 507 11.09 $27,388,754.30
11.75% < Gross Coupon <= 12.00% 668 11.83 $29,220,419.87
12.00% < Gross Coupon <= 12.25% 324 6.02 $14,868,210.25
12.25% < Gross Coupon <= 12.50% 375 7.80 $19,254,037.07
12.50% < Gross Coupon <= 12.75% 289 4.86 $12,003,976.05
12.75% < Gross Coupon <= 13.00% 404 5.19 $12,817,207.72
13.00% < Gross Coupon <= 13.25% 152 2.48 $6,127,263.01
13.25% < Gross Coupon <= 13.50% 162 2.42 $5,985,670.57
13.50% < Gross Coupon <= 13.75% 40 .70 $1,739,483.06
13.75% < Gross Coupon <= 14.00% 103 1.50 $3,707,253.51
14.00% < Gross Coupon <= 14.25% 30 .42 $1,038,712.15
14.25% < Gross Coupon <= 14.50% 22 .27 $672,811.72
14.50% < Gross Coupon <= 14.75% 5 .09 $214,200.00
14.75% < Gross Coupon <= 15.00% 9 .10 $243,187.96
15.25% < Gross Coupon <= 15.50% 2 .01 $27,192.85
15.75% < Gross Coupon <= 16.00% 8 .04 $93,141.39
- ------------------------------------------------------------------
Total..... 5,094 100.00 $246,919,662.76
==================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
ORIGINAL MATURITY
- --------------------------------------------------------------------------------
Total
Original # % Current
Maturity Loan Pool Balance
40 < Original Maturity <= 50 3 .02 $44,500.00
50 < Original Maturity <= 60 86 .71 $1,749,671.07
70 < Original Maturity <= 80 7 .06 $137,982.37
80 < Original Maturity <= 90 39 .36 $888,866.67
90 < Original Maturity <= 100 13 .08 $206,246.21
100 < Original Maturity <= 110 3 .02 $41,621.22
110 < Original Maturity <= 120 558 5.91 $14,599,897.91
130 < Original Maturity <= 140 2 .03 $64,701.17
140 < Original Maturity <= 150 38 .50 $1,240,222.87
150 < Original Maturity <= 160 1 .01 $29,975.15
170 < Original Maturity <= 180 2,308 37.38 $92,302,147.62
190 < Original Maturity <= 200 1 .02 $48,408.27
210 < Original Maturity <= 220 1 .01 $24,771.40
230 < Original Maturity <= 240 733 15.74 $38,858,868.39
260 < Original Maturity <= 270 1 .04 $103,463.95
290 < Original Maturity <= 300 50 .98 $2,422,728.28
350 < Original Maturity <= 360 1,250 38.13 $94,155,590.21
- --------------------------------------------------------------------------------
Total..... 5,094 100.00 $246,919,662.76
================================================================================
REMAINING TERM
- --------------------------------------------------------------------------------
Total
# % Current
Remaining Term Loan Pool Balance
36 < Rem Term <= 48 3 .02 $44,500.00
48 < Rem Term <= 60 89 .73 $1,796,176.57
60 < Rem Term <= 72 8 .06 $138,503.79
72 < Rem Term <= 84 40 .37 $905,200.62
84 < Rem Term <= 96 16 .12 $292,524.63
96 < Rem Term <= 108 6 .03 $72,945.61
108 < Rem Term <= 120 550 5.87 $14,490,949.20
120 < Rem Term <= 132 4 .05 $119,447.72
132 < Rem Term <= 144 41 .53 $1,317,341.10
144 < Rem Term <= 156 8 .16 $403,325.83
156 < Rem Term <= 168 13 .24 $587,701.23
168 < Rem Term <= 180 2,285 36.96 $91,262,204.79
180 < Rem Term <= 192 1 .02 $48,408.27
192 < Rem Term <= 204 1 .02 $37,365.57
204 < Rem Term <= 216 1 .01 $29,784.32
216 < Rem Term <= 228 2 .03 $85,098.83
228 < Rem Term <= 240 725 15.64 $38,606,402.24
252 < Rem Term <= 264 1 .04 $103,463.95
264 < Rem Term <= 276 1 .02 $60,078.33
288 < Rem Term <= 300 51 1.02 $2,526,081.35
312 < Rem Term <= 324 2 .05 $117,731.84
324 < Rem Term <= 336 3 .07 $183,761.01
336 < Rem Term <= 348 8 .35 $872,808.53
348 < Rem Term <= 360 1,235 37.59 $92,817,857.43
- --------------------------------------------------------------------------------
Total..... 5,094 100.00 $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
- --------------------------------------------------------------------------------
Total
# % Current
Age of Loan Loan Pool Balance
0 = Age 3,194 62.31 $153,862,146.15
0 < Age <= 12 1,843 36.55 $90,246,629.00
12 < Age <= 24 27 .68 $1,668,964.07
24 < Age <= 36 10 .20 $492,478.76
36 < Age <= 48 8 .10 $254,269.97
48 < Age <= 60 2 .02 $37,259.73
60 < Age <= 72 2 .05 $125,504.10
72 < Age <= 84 2 .02 $45,766.61
84 < Age <= 96 4 .06 $142,529.18
96 < Age <= 108 1 .01 $33,297.40
120 < Age <= 132 1 .00 $10,817.79
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
ORIGINATION YEAR
- --------------------------------------------------------------------------------
Total
Year of # % Current
Origination Loan Pool Balance
1986 1 .00 $10,817.79
1988 1 .01 $33,297.40
1989 4 .04 $107,222.25
1990 1 .01 $20,995.21
1991 1 .01 $22,151.03
1992 2 .02 $37,259.73
1993 2 .01 $28,466.79
1994 6 .13 $310,487.40
1995 23 .56 $1,376,549.39
1996 5,053 99.21 $244,972,415.77
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
COMBINED LTV RANGE
- --------------------------------------------------------------------------------
Total
LTV # % Current
RANGE Loan Pool Balance
5.000 < LTV <= 10.000 1 .01 $13,939.10
10.000 < LTV <= 15.000 11 .06 $144,077.11
15.000 < LTV <= 20.000 18 .11 $263,201.72
20.000 < LTV <= 25.000 25 .19 $457,939.44
25.000 < LTV <= 30.000 29 .21 $525,663.15
30.000 < LTV <= 35.000 46 .47 $1,151,074.66
35.000 < LTV <= 40.000 55 .59 $1,463,413.92
40.000 < LTV <= 45.000 83 .98 $2,428,747.94
45.000 < LTV <= 50.000 122 1.30 $3,211,478.79
50.000 < LTV <= 55.000 131 1.81 $4,475,417.22
55.000 < LTV <= 60.000 159 2.31 $5,706,734.67
60.000 < LTV <= 65.000 214 3.09 $7,637,192.63
65.000 < LTV <= 70.000 323 5.53 $13,645,979.97
70.000 < LTV <= 75.000 526 11.04 $27,248,216.46
75.000 < LTV <= 80.000 1,164 26.20 $64,699,440.96
80.000 < LTV <= 85.000 702 13.82 $34,124,608.24
85.000 < LTV <= 90.000 755 17.68 $43,649,720.29
90.000 < LTV <= 95.000 356 7.29 $17,999,481.96
95.000 < LTV <= 100.000 374 7.32 $18,073,334.53
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
ORIGINAL MORTGAGE AMOUNT
- --------------------------------------------------------------------------------
Total
Original # % Current
Mortgage Amt. Loan Pool Balance
Balance <= 25,000 1,263 9.14 $22,561,597.22
25,000 < Balance <= 50,000 2,081 30.65 $75,677,768.82
50,000 < Balance <= 75,000 1,045 25.66 $63,355,370.61
75,000 < Balance <= 100,000 340 11.74 $28,979,689.16
100,000 < Balance <= 150,000 244 11.79 $29,106,457.90
150,000 < Balance <= 207,000 70 4.95 $12,221,296.81
207,000 < Balance <= 250,000 21 1.93 $4,774,897.60
250,000 < Balance <= 300,000 12 1.32 $3,264,123.84
300,000 < Balance <= 350,000 7 .93 $2,288,459.79
350,000 < Balance <= 400,000 5 .77 $1,896,750.00
400,000 < Balance <= 450,000 2 .33 $814,023.01
450,000 < Balance <= 500,000 4 .80 $1,979,228.00
- --------------------------------------------------------------------------------
Total..... 5,094100.00% $246,919,662.76
================================================================================
CURRENT MORTGAGE AMOUNT
- --------------------------------------------------------------------------------
Total
Current # % Current
Mortgage Amt. Loan Pool Balance
Balance <= 25,000 1,267 9.18 $22,657,766.68
25,000 < Balance <= 50,000 2,079 30.65 $75,679,259.48
50,000 < Balance <= 75,000 1,044 25.65 $63,332,134.56
75,000 < Balance <= 100,000 341 11.78 $29,096,779.84
100,000 < Balance <= 150,000 242 11.71 $28,914,943.15
150,000 < Balance <= 200,000 62 4.29 $10,584,671.14
200,000 < Balance <= 250,000 29 2.60 $6,411,523.27
250,000 < Balance <= 300,000 12 1.32 $3,264,123.84
300,000 < Balance <= 350,000 7 .93 $2,288,459.79
350,000 < Balance <= 400,000 6 .93 $2,296,373.29
400,000 < Balance <= 450,000 1 .17 $414,399.72
450,000 < Balance <= 500,000 4 .80 $1,979,228.00
- --------------------------------------------------------------------------------
Total..... 5,094100.00% $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
GEOGRAPHIC DISTRIBUTION
- ---------------------------------------
Total
# % Current
State Loans Pool Balance
AL 39 .79 $1,949,274
AR 90 1.55 $3,835,018
AZ 29 .59 $1,467,403
CA 98 2.38 $5,864,697
CO 53 1.17 $2,884,104
CT 31 1.11 $2,750,871
DC 4 .10 $255,084
DE 4 .09 $227,541
FL 347 7.48 $18,463,835
GA 187 4.63 $11,431,757
IA 48 .81 $1,998,025
ID 11 .42 $1,031,250
IL 96 1.93 $4,777,465
IN 274 4.30 $10,619,504
KS 30 .80 $1,982,079
KY 105 1.83 $4,523,169
LA 628 10.42 $25,723,934
MA 22 .48 $1,179,008
MD 30 .88 $2,173,529
ME 20 .31 $775,141
MI 258 4.44 $10,972,592
MN 7 .11 $272,201
MO 115 1.99 $4,913,979
MS 311 5.32 $13,146,002
MT 3 .07 $162,162
NC 314 6.16 $15,207,685
NE 13 .22 $553,846
NH 24 .42 $1,045,882
NJ 85 3.86 $9,520,754
NM 33 .72 $1,783,754
NV 8 .19 $469,125
NY 235 5.32 $13,138,339
OH 355 6.31 $15,579,401
OK 133 2.19 $5,413,424
OR 14 .37 $918,264
PA 276 4.47 $11,025,327
RI 2 .01 $23,218
SC 215 4.03 $9,962,033
TN 276 5.98 $14,771,177
TX 18 .33 $822,295
UT 19 .38 $927,445
VA 53 1.44 $3,554,313
VT 19 .34 $846,821
WA 28 .99 $2,433,431
WI 62 .85 $2,106,842
WV 72 1.39 $3,436,662
- ---------------------------------------
Total.. 5,094 100.00% $246,919,663
=======================================
PROPERTY-TYPE
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Deminimus PUD 2 .06 $156,971.06
Duplex 228 4.28 $10,564,681.68
Triplex 26 .52 $1,286,314.92
Fourplex or Quadplex 17 .51 $1,249,674.67
RowHouse 96 1.30 $3,198,238.99
Modular Housing 8 .18 $454,921.24
Manufactured Housing 1 .01 $13,500.00
Man.House/Perm 13 .23 $560,148.20
Semi-Detached 4 .04 $94,125.00
PUD 5 .22 $551,300.89
Townhouses 22 .34 $831,601.58
Condominiums 92 2.15 $5,299,538.44
Single Family Detached 4,580 90.17 $222,658,646.09
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
OCCUPANCY
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Owner Occupied, 1st Mtg 3,974 86.07 $212,514,270.25
Part-Owner Occupied, 1s 1 .01 $13,536.68
Non-Owner Occupied, 1st 546 8.05 $19,869,772.29
Second Home, 1st Mtg 6 .31 $755,420.26
Owner Occupied, 2nd Mtg 552 5.09 $12,561,334.08
Multiple Properties, 1s 15 .49 $1,205,329.20
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
LOAN-PURPOSE
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Purchase 497 13.49 $33,299,078.26
Refinance 4,597 86.51 $213,620,584.50
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
- --------------------------------------------------------------------------------
- UCFC6D
- Cut Off Date of Tape is 12/1/96
- GROUP II - 6mo LIBOR
- $255,209,256.61
- --------------------------------------------------------------------------------
Number of Mortgage Loans: 2,799
Aggregate Unpaid Principal Balance: $255,209,256.61
Aggregate Original Principal Balance: $257,298,371.50
- --------------------------------------------------------------------------------
Weighted Average Coupon (Gross): 10.408%
Gross Coupon Range: 6.990% - 14.500%
Weighted Average Margin (Gross): 5.277%
Gross Margin Range: 1.500% - 9.750%
Weighted Average Life Cap (Gross): 15.892%
Gross Life Cap Range: 12.250% - 21.500%
Weighted Average Life Floor (Gross): 9.447%
Gross Life Floor Range: 3.000% - 14.500%
- --------------------------------------------------------------------------------
Average Unpaid Principal Balance: $91,178.73
Average Original Principal Balance: $91,925.11
Maximum Unpaid Principal Balance: $691,673.32
Minimum Unpaid Principal Balance: $1,279.59
Maximum Original Principal Balance: $700,000.00
Minimum Original Principal Balance: $10,500.00
Weighted Avg. Stated Rem. Term (LPD to Mat Date): 336.543
Stated Rem Term Range: 119.000 - 360.000
Weighted Avg. Amortized Rem. Term: 328.554
Amortized Rem Term Range: 119.004 - 361.257
Weighted Average Age (First Pay thru Last Pay): 11.919
Age Range: 0.000 - 227.000
Weighted Average Original Term: 348.462
Original Term Range: 120.000 - 360.000
Weighted Combined Note LTV: 76.369 ! EXCLUDES 0s
LTV Range: 12.00% - 99.800%
Weighted Average Periodic Interest Cap: 1.152%
Periodic Interest Cap Range: 1.000% - 3.000%
Weighted Average Months to Payment Roll: 6.677
Months to Payment Roll Range: 1 - 25
- --------------------------------------------------------------------------------
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
GROSS COUPON
- --------------------------------------------------------------------------------
Total
Gross # % Current
Coupon Loan Pool Balance
6.75% < Gross Coupon <= 7.00% 1 .03 $80,933.47
7.00% < Gross Coupon <= 7.25% 3 .17 $434,703.50
7.50% < Gross Coupon <= 7.75% 8 .45 $1,144,680.84
7.75% < Gross Coupon <= 8.00% 10 .47 $1,194,378.93
8.00% < Gross Coupon <= 8.25% 18 .88 $2,242,141.88
8.25% < Gross Coupon <= 8.50% 39 2.00 $5,109,593.88
8.50% < Gross Coupon <= 8.75% 46 1.99 $5,078,629.42
8.75% < Gross Coupon <= 9.00% 81 4.52 $11,540,913.30
9.00% < Gross Coupon <= 9.25% 80 4.18 $10,675,893.93
9.25% < Gross Coupon <= 9.50% 100 4.08 $10,402,852.54
9.50% < Gross Coupon <= 9.75% 131 6.04 $15,424,361.25
9.75% < Gross Coupon <= 10.00% 207 8.15 $20,789,125.55
10.00% < Gross Coupon <= 10.25% 286 9.95 $25,382,840.80
10.25% < Gross Coupon <= 10.50% 309 11.02 $28,126,018.11
10.50% < Gross Coupon <= 10.75% 346 10.98 $28,025,458.38
10.75% < Gross Coupon <= 11.00% 293 9.50 $24,235,775.72
11.00% < Gross Coupon <= 11.25% 250 7.77 $19,834,771.42
11.25% < Gross Coupon <= 11.50% 238 7.07 $18,043,694.02
11.50% < Gross Coupon <= 11.75% 101 3.24 $8,275,043.80
11.75% < Gross Coupon <= 12.00% 77 2.66 $6,781,292.66
12.00% < Gross Coupon <= 12.25% 69 2.25 $5,733,636.41
12.25% < Gross Coupon <= 12.50% 19 .48 $1,224,569.77
12.50% < Gross Coupon <= 12.75% 39 1.12 $2,851,698.82
12.75% < Gross Coupon <= 13.00% 34 .79 $2,021,787.06
13.00% < Gross Coupon <= 13.25% 2 .04 $97,939.03
13.25% < Gross Coupon <= 13.50% 5 .07 $167,622.09
13.75% < Gross Coupon <= 14.00% 3 .06 $146,043.39
14.00% < Gross Coupon <= 14.25% 2 .04 $95,173.97
14.25% < Gross Coupon <= 14.50% 2 .02 $47,682.67
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
GEOGRAPHIC DISTRIBUTION
- -----------------------------------------
Total
# % Current
State Loans Pool Balance
AL 1 .04 $94,500
AR 5 .11 $268,384
AZ 80 2.33 $5,954,458
CA 890 45.45 $115,993,770
CO 64 1.88 $4,804,336
CT 19 .75 $1,911,291
DC 9 .48 $1,230,974
DE 2 .05 $127,900
FL 89 2.80 $7,153,565
GA 36 .85 $2,164,357
HI 24 2.02 $5,145,086
IA 36 .77 $1,975,911
ID 16 .51 $1,296,908
IL 110 3.19 $8,142,529
IN 91 1.71 $4,376,054
KS 12 .24 $603,319
KY 51 1.20 $3,072,973
LA 25 .67 $1,703,615
MA 20 .83 $2,117,427
MD 19 .73 $1,873,772
ME 25 .75 $1,915,241
MI 114 2.43 $6,195,326
MN 52 1.01 $2,587,889
MO 36 .64 $1,642,560
MS 15 .36 $918,564
MT 3 .11 $272,705
NC 60 1.66 $4,229,274
NE 8 .24 $599,769
NH 14 .34 $869,832
NJ 27 1.18 $3,007,154
NM 14 .55 $1,414,609
NV 20 .73 $1,855,341
NY 48 1.33 $3,403,228
OH 165 3.77 $9,617,234
OK 43 1.05 $2,679,211
OR 96 3.28 $8,361,415
PA 102 2.42 $6,169,809
RI 7 .24 $619,156
SC 13 .32 $821,461
TN 68 1.68 $4,288,603
TX 34 1.05 $2,667,529
UT 47 1.58 $4,019,993
VA 32 1.26 $3,227,168
VT 8 .22 $567,112
WA 115 4.40 $11,221,137
WI 23 .57 $1,448,218
WV 10 .20 $519,500
WY 1 .02 $59,091
- ------------------------------------------
Total.. 2,799 100.00 $255,209,257
==========================================
PROPERTY-TYPE
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Deminimus PUD 1 .04 $108,000.00
Duplex 54 1.54 $3,923,746.23
Triplex 6 .26 $660,127.78
Fourplex or Quadplex 5 .17 $443,552.11
RowHouse 16 .37 $937,288.75
Modular Housing 3 .07 $181,830.13
Semi-Detached 7 .15 $370,209.23
PUD 149 5.69 $14,513,016.14
Townhouses 5 .37 $932,424.34
Condominiums 107 3.45 $8,792,529.14
Single Family Detached 2,446 87.91 $224,346,532.76
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
ORIGINAL MATURITY
- --------------------------------------------------------------------------------
Total
Original # % Current
Maturity Loan Pool Balance
110 < Original Maturity <= 120 13 .14 $359,716.99
130 < Original Maturity <= 140 1 .03 $82,700.00
170 < Original Maturity <= 180 265 4.65 $11,864,601.83
230 < Original Maturity <= 240 102 2.20 $5,624,457.06
260 < Original Maturity <= 270 1 .02 $56,538.86
290 < Original Maturity <= 300 7 .13 $323,154.70
310 < Original Maturity <= 320 1 .03 $85,900.00
350 < Original Maturity <= 360 2,409 92.79 $236,812,187.17
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
LOAN-PURPOSE
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Purchase 498 22.18 $56,612,986.61
Refinance 2,301 77.82 $198,596,270.00
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
OCCUPANCY
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Owner Occupied, 1st Mtg 2,509 92.51 $236,093,882.61
Non-Owner Occupied, 1st 290 7.49 $19,115,374.00
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
ORIGINAL MORTGAGE AMOUNT
- --------------------------------------------------------------------------------
Total
Original # % Current
Mortgage Amt. Loan Pool Balance
Balance <= 25,000 112 .88 $2,239,625.75
25,000 < Balance <= 50,000 650 9.74 $24,854,097.04
50,000 < Balance <= 75,000 682 16.52 $42,153,377.32
75,000 < Balance <= 100,000 439 14.87 $37,956,555.86
100,000 < Balance <= 150,000 515 24.38 $62,225,472.13
150,000 < Balance <= 207,000 236 15.91 $40,612,999.81
207,000 < Balance <= 250,000 79 6.98 $17,809,022.70
250,000 < Balance <= 300,000 44 4.74 $12,098,077.75
300,000 < Balance <= 350,000 24 3.00 $7,657,342.10
350,000 < Balance <= 400,000 11 1.63 $4,157,060.58
400,000 < Balance <= 450,000 3 .51 $1,299,301.82
450,000 < Balance <= 500,000 3 .57 $1,454,650.43
600,000 < Balance <= 750,000 1 .27 $691,673.32
- --------------------------------------------------------------------------------
Total..... 2,799100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT MORTGAGE AMOUNT
- --------------------------------------------------------------------------------
Total
Current # % Current
Mortgage Amt. Loan Pool Balance
Balance <= 25,000 116 .91 $2,313,263.16
25,000 < Balance <= 50,000 654 9.84 $25,107,729.05
50,000 < Balance <= 75,000 677 16.45 $41,976,750.67
75,000 < Balance <= 100,000 442 15.01 $38,301,969.32
100,000 < Balance <= 150,000 517 24.65 $62,921,133.02
150,000 < Balance <= 200,000 218 14.65 $37,379,099.81
200,000 < Balance <= 250,000 90 7.88 $20,097,781.90
250,000 < Balance <= 300,000 46 4.99 $12,740,743.14
300,000 < Balance <= 350,000 21 2.65 $6,768,100.39
350,000 < Balance <= 400,000 11 1.63 $4,157,060.58
400,000 < Balance <= 450,000 3 .51 $1,299,301.82
450,000 < Balance <= 500,000 3 .57 $1,454,650.43
600,000 < Balance <= 750,000 1 .27 $691,673.32
- --------------------------------------------------------------------------------
Total..... 2,799100.00% $255,209,256.61
================================================================================
GROSS MARGIN
- --------------------------------------------------------------------------------
Total
Gross # % Current
Margin Loan Pool Balance
1.25% < Gross Margin <= 1.50% 1 .01 $29,550.54
2.75% < Gross Margin <= 3.00% 8 .26 $655,227.00
3.00% < Gross Margin <= 3.25% 13 .60 $1,523,228.78
3.25% < Gross Margin <= 3.50% 25 1.24 $3,174,711.06
3.50% < Gross Margin <= 3.75% 24 1.12 $2,852,207.74
3.75% < Gross Margin <= 4.00% 47 2.24 $5,721,196.54
4.00% < Gross Margin <= 4.25% 102 3.51 $8,947,401.29
4.25% < Gross Margin <= 4.50% 299 11.64 $29,711,522.76
4.50% < Gross Margin <= 4.75% 180 8.25 $21,045,109.90
4.75% < Gross Margin <= 5.00% 261 9.62 $24,557,440.05
5.00% < Gross Margin <= 5.25% 496 16.40 $41,863,368.62
5.25% < Gross Margin <= 5.50% 305 12.95 $33,039,520.90
5.50% < Gross Margin <= 5.75% 262 8.68 $22,144,020.24
5.75% < Gross Margin <= 6.00% 374 10.38 $26,493,378.65
6.00% < Gross Margin <= 7.00% 317 10.82 $27,624,507.03
7.00% < Gross Margin <= 8.00% 80 2.13 $5,441,252.05
8.00% < Gross Margin <= 9.00% 4 .14 $354,860.57
9.00% < Gross Margin <= 10.00% 1 .01 $30,752.89
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Gross Life Cap
- --------------------------------------------------------------------------------
Total
Gross # % Current
Life Cap Loan Pool Balance
12.00% < Gross Life Cap <= 12.25 1 .03 $85,334.18
12.25% < Gross Life Cap <= 12.50 2 .26 $653,695.30
12.50% < Gross Life Cap <= 12.75 23 1.30 $3,324,405.76
12.75% < Gross Life Cap <= 13.00 14 .56 $1,428,088.72
13.00% < Gross Life Cap <= 13.25 14 .66 $1,689,460.70
13.25% < Gross Life Cap <= 13.50 36 1.98 $5,054,355.73
13.50% < Gross Life Cap <= 13.75 26 1.14 $2,914,562.99
13.75% < Gross Life Cap <= 14.00 43 1.90 $4,845,969.22
14.00% < Gross Life Cap <= 14.25 52 2.35 $5,992,885.93
14.25% < Gross Life Cap <= 14.50 93 4.67 $11,910,305.74
14.50% < Gross Life Cap <= 14.75 86 4.18 $10,667,036.31
14.75% < Gross Life Cap <= 15.00 133 6.65 $16,971,359.02
15.00% < Gross Life Cap <= 15.25 108 5.36 $13,684,714.47
15.25% < Gross Life Cap <= 15.50 131 5.58 $14,239,123.85
15.50% < Gross Life Cap <= 15.75 184 8.02 $20,468,361.22
15.75% < Gross Life Cap <= 16.00 202 8.20 $20,929,005.76
16.00% < Gross Life Cap <= 16.25 265 8.39 $21,419,728.60
16.25% < Gross Life Cap <= 16.50 243 7.80 $19,903,319.73
16.50% < Gross Life Cap <= 16.75 290 8.05 $20,550,227.89
16.75% < Gross Life Cap <= 17.00 262 7.93 $20,232,470.36
17.00% < Gross Life Cap <= 17.25 142 3.40 $8,668,325.64
17.25% < Gross Life Cap <= 17.50 201 4.80 $12,243,924.59
17.50% < Gross Life Cap <= 17.75 51 1.43 $3,651,365.39
17.75% < Gross Life Cap <= 18.00 48 1.70 $4,348,998.77
18.00% < Gross Life Cap <= 18.25 27 .82 $2,101,789.91
18.25% < Gross Life Cap <= 18.50 31 .77 $1,957,352.39
18.50% < Gross Life Cap <= 18.75 19 .43 $1,092,370.85
18.75% < Gross Life Cap <= 19.00 20 .59 $1,512,582.24
19.00% < Gross Life Cap <= 19.25 18 .45 $1,150,247.26
19.25% < Gross Life Cap <= 19.50 9 .18 $462,218.82
19.50% < Gross Life Cap <= 19.75 8 .16 $415,765.19
19.75% < Gross Life Cap <= 20.00 6 .09 $219,445.34
20.00% < Gross Life Cap <= 20.25 1 .02 $54,318.08
20.25% < Gross Life Cap <= 20.50 4 .05 $136,869.20
20.50% < Gross Life Cap <= 20.75 1 .01 $35,545.40
20.75% < Gross Life Cap <= 21.00 3 .06 $146,043.39
21.00% < Gross Life Cap <= 22.00 2 .02 $47,682.67
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Gross Life Floor
- --------------------------------------------------------------------------------
Total
Gross # % Current
Life Floor Loan Pool Balance
2.50% < Life Floor <= 3.00% 1 .03 $77,993.57
3.00% < Life Floor <= 3.50% 11 .53 $1,341,589.61
3.50% < Life Floor <= 4.00% 3 .09 $221,376.62
4.25% < Life Floor <= 4.50% 1 .12 $305,515.94
4.50% < Life Floor <= 4.75% 1 .04 $96,319.75
5.00% < Life Floor <= 5.25% 4 .13 $337,858.43
5.50% < Life Floor <= 5.75% 4 .18 $463,839.74
5.75% < Life Floor <= 6.00% 2 .04 $109,811.62
6.00% < Life Floor <= 6.25% 2 .10 $247,994.76
6.25% < Life Floor <= 6.50% 8 .42 $1,063,732.69
6.50% < Life Floor <= 6.75% 28 1.59 $4,055,165.98
6.75% < Life Floor <= 7.00% 28 1.10 $2,800,535.44
7.00% < Life Floor <= 7.25% 21 .88 $2,249,921.64
7.25% < Life Floor <= 7.50% 63 3.11 $7,931,456.26
7.50% < Life Floor <= 7.75% 61 2.83 $7,214,762.63
7.75% < Life Floor <= 8.00% 83 3.98 $10,148,721.37
8.00% < Life Floor <= 8.25% 88 4.05 $10,340,697.01
8.25% < Life Floor <= 8.50% 110 5.20 $13,270,477.30
8.50% < Life Floor <= 8.75% 134 6.05 $15,432,356.63
8.75% < Life Floor <= 9.00% 160 7.68 $19,593,524.96
9.00% < Life Floor <= 9.25% 111 5.08 $12,961,628.91
9.25% < Life Floor <= 9.50% 143 5.29 $13,503,533.70
9.50% < Life Floor <= 9.75% 162 6.63 $16,932,150.81
9.75% < Life Floor <= 10.00% 248 9.58 $24,453,081.29
10.00% < Life Floor <= 10.25% 250 7.34 $18,740,656.45
10.25% < Life Floor <= 10.50% 219 6.64 $16,938,363.23
10.50% < Life Floor <= 10.75% 254 6.64 $16,940,144.70
10.75% < Life Floor <= 11.00% 184 4.79 $12,229,664.99
11.00% < Life Floor <= 11.25% 125 2.93 $7,483,753.26
11.25% < Life Floor <= 11.50% 169 4.06 $10,364,199.57
11.50% < Life Floor <= 11.75% 25 .74 $1,887,440.02
11.75% < Life Floor <= 12.00% 24 .69 $1,761,972.77
12.00% < Life Floor <= 12.25% 31 .70 $1,788,001.86
12.25% < Life Floor <= 12.50% 10 .23 $576,070.11
12.50% < Life Floor <= 12.75% 12 .25 $648,448.01
12.75% < Life Floor <= 13.00% 8 .11 $276,036.24
13.00% < Life Floor <= 13.25% 1 .02 $54,318.08
13.25% < Life Floor <= 13.50% 4 .05 $136,869.20
13.75% < Life Floor <= 14.00% 3 .06 $146,043.39
14.00% < Life Floor <= 14.25% 1 .01 $35,545.40
14.25% < Life Floor <= 14.50% 2 .02 $47,682.67
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
REMAINING TERM
- --------------------------------------------------------------------------------
Total
# % Current
Remaining Term Loan Pool Balance
108 < Rem Term <= 120 13 .14 $359,716.99
120 < Rem Term <= 132 1 .03 $82,700.00
132 < Rem Term <= 144 1 .00 $1,279.59
144 < Rem Term <= 156 2 .03 $72,987.64
156 < Rem Term <= 168 48 .87 $2,215,661.99
168 < Rem Term <= 180 216 3.76 $9,607,871.64
192 < Rem Term <= 204 2 .05 $122,620.09
216 < Rem Term <= 228 6 .14 $363,175.10
228 < Rem Term <= 240 96 2.06 $5,249,384.47
252 < Rem Term <= 264 1 .02 $56,538.86
264 < Rem Term <= 276 1 .04 $98,996.60
276 < Rem Term <= 288 1 .03 $82,440.33
288 < Rem Term <= 300 6 .12 $294,105.67
300 < Rem Term <= 312 3 .11 $269,119.32
312 < Rem Term <= 324 4 .15 $394,660.02
324 < Rem Term <= 336 232 10.54 $26,907,421.52
336 < Rem Term <= 348 1,152 44.49 $113,530,837.50
348 < Rem Term <= 360 1,014 37.42 $95,499,739.28
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
LOAN AGE IN MONTHS
- --------------------------------------------------------------------------------
Total
# % Current
Age of Loan Loan Pool Balance
0 = Age 763 23.05 $58,826,395.82
0 < Age <= 12 595 21.07 $53,762,706.64
12 < Age <= 24 1,216 45.77 $116,813,810.53
24 < Age <= 36 215 9.89 $25,239,629.72
36 < Age <= 48 3 .07 $169,823.90
48 < Age <= 60 1 .03 $71,531.44
60 < Age <= 72 1 .01 $29,049.03
72 < Age <= 84 1 .03 $82,440.33
84 < Age <= 96 1 .04 $98,996.60
156 < Age <= 168 1 .03 $81,673.57
192 < Age <= 204 1 .01 $31,919.44
216 < Age <= 228 1 .00 $1,279.59
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
ORIGINATION YEAR
- --------------------------------------------------------------------------------
Total
Year of # % Current
Origination Loan Pool Balance
1993 26 1.41 $3,591,824.73
1994 315 14.44 $36,845,592.86
1995 1,120 41.29 $105,379,702.18
1996 1,338 42.86 $109,392,136.84
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
COMBINED LTV RANGE
- --------------------------------------------------------------------------------
Total
LTV # % Current
RANGE Loan Pool Balance
LTV = 0.000 ** 7 .33 $837,077.39
10.000 < LTV <= 15.000 2 .02 $52,046.23
15.000 < LTV <= 20.000 6 .07 $185,385.03
20.000 < LTV <= 25.000 7 .09 $240,169.48
25.000 < LTV <= 30.000 13 .22 $563,074.98
30.000 < LTV <= 35.000 25 .51 $1,313,399.67
35.000 < LTV <= 40.000 24 .41 $1,052,715.75
40.000 < LTV <= 45.000 30 .70 $1,780,472.57
45.000 < LTV <= 50.000 58 1.36 $3,458,464.43
50.000 < LTV <= 55.000 62 2.02 $5,149,732.54
55.000 < LTV <= 60.000 119 3.42 $8,724,441.48
60.000 < LTV <= 65.000 245 8.03 $20,504,808.97
65.000 < LTV <= 70.000 375 12.24 $31,243,608.06
70.000 < LTV <= 75.000 446 17.68 $45,116,309.05
75.000 < LTV <= 80.000 387 16.26 $41,507,028.66
80.000 < LTV <= 85.000 363 14.40 $36,747,269.30
85.000 < LTV <= 90.000 419 16.30 $41,609,215.68
90.000 < LTV <= 95.000 122 3.50 $8,944,408.61
95.000 < LTV <= 100.000 89 2.42 $6,179,628.73
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
** MISSING INFO
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
PRELIMINARY
BACKGROUND INFORMATION
UCFC LOAN TRUST 1996-D
APPROXIMATE CLASS SIZES
[$98,900,000] Class A-1 FLOATING-RATE CERTIFICATES
(non-SMMEA-eligible)
[$55,700,000] Class A-2 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$49,100,000] Class A-3 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$30,400,000] Class A-4 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$34,600,000] Class A-5 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$39,000,000] Class A-6 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$17,300,000] Class A-7 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$325,000,000] Class A-8 FLOATING-RATE CERTIFICATES
(non-SMMEA-eligible)
HOME EQUITY LOAN PASS-THROUGH CERTIFICATES, SERIES 1996-D
The information included herein is provided solely by Prudential Securities
Incorporated ("PSI") as underwriter for the UCFC 1996-D transaction, and not by
or as agent for UCFC Acceptance or any of its affiliates (collectively, the
"Depositor"). The Depositor has not prepared, reviewed or participated in the
preparation hereof, is not responsible for the accuracy hereof and has not
authorized the dissemination hereof. The analysis in this report is accurate to
the best of PSI's knowledge and is based on information provided by the
Depositor. PSI makes no representations as to the accuracy of such information
provided by the Depositor. All opinions and conclusions in this report reflect
PSI's judgment as of this date and are subject to change. All analyses are based
on certain assumptions noted herein and different assumptions could yield
substantially different results. You are cautioned that there is no universally
accepted method for analyzing financial instruments. You should review the
assumptions; there may be differences between these assumptions and your actual
business practices. Further, PSI does not guarantee any results and there is no
guarantee as to the liquidity of the instruments involved in this analysis. The
decision to adopt any strategy remains your responsibility. PSI (or any of its
affiliates) or their officers, directors, analysts or employees may have
positions in securities, commodities or derivative instruments thereon referred
to herein, and may, as principal or agent, buy or sell such securities,
commodities or derivative instruments. In addition, PSI may make a market in the
securities referred to herein. Neither the information nor the opinions
expressed shall be construed to be, or constitute, an offer to sell or buy or a
solicitation of an offer to sell or buy any securities, commodities or
derivative instruments mentioned herein. Finally, PSI has not addressed the
legal, accounting and tax implications of the analysis with respect to you and
PSI strongly urges you to seek advice from your counsel, accountant and tax
advisor.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
PRICING INFORMATION
----------
GROUP I FIXED-RATE COLLATERAL
</TABLE>
<TABLE>
<CAPTION>
Class: A-1 A-2 A-3 A-4 A-5 A-6 A-7
<S> <C> <C> <C> <C> <C> <C> <C>
Approximate
Face Amount: [98,900,000] [55,700,000] [49,100,000] [30,400,000] [34,600,000] [39,000,000] [17,300,000]
Coupon: 1M LIBOR + TBD* TBD TBD TBD TBD TBD TBD**
Price: TBD TBD TBD TBD TBD TBD TBD
Yield: TBD TBD TBD TBD TBD TBD TBD
Spread: TBD TBD TBD TBD TBD TBD TBD
Exp Avg Life
to Maturity: [0.90] yrs [2.00] yrs [3.00] yrs [4.02] yrs [5.20] yrs [7.46] yrs [12.29] yrs
Exp Avg Life
to 10% call: [0.90] yrs [2.00] yrs [3.00] yrs [4.02] yrs [5.20] yrs [7.12] yrs [7.65] yrs
Exp 1st Prin Pmt: [01/15/97] [07/15/98] [06/15/99] [07/15/00] [06/15/01] [12/15/02] [08/15/04]***
Exp Mat: [07/15/98] [06/15/99] [07/15/00] [06/15/01] [12/15/02] [08/15/04]*** [08/15/04]***
Stated Mat: [09/15/07] [01/15/11] [11/15/13] [01/15/16] [02/15/19] [01/15/25] [12/15/26]
Expected
Rating: AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA
Pricing Speed: 25% HEP 25% HEP 25% HEP 25% HEP 25% HEP 25% HEP 25% HEP
Pricing Date: TBD TBD TBD TBD TBD TBD TBD
Investor
Settle Date: [12/20/96] [12/20/96] [12/20/96] [12/20/96] [12/20/96] [12/20/96] [12/20/96]
Pmt Delay: 0 days 14 days 14 days 14 days 14 days 14 days 14 days
Cut-off Date: 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96
Dated Date: [12/19/96] 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96 12/01/96
Int Pmt: actual/360 30/360 30/360 30/360 30/360 30/360 30/360
Pmt Terms: Monthly Monthly Monthly Monthly Monthly Monthly Monthly
1st Int. Pmt Date: 01/15/97 01/15/97 01/15/97 01/15/97 01/15/97 01/15/97 01/15/97
Collateral Type: Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate
SMMEA
Eligibility: non-SMMEA non-SMMEA non-SMMEA non-SMMEA non-SMMEA non-SMMEA non-SMMEA
</TABLE>
* The Coupon on the Class A-1 Certificates will equal the lesser of:
1) One Month LIBOR + [TBD] bps
2) Group I Net Funds Cap
Group I Net Funds Cap: A rate equal to the weighted
average net coupon rate (i.e., the weighted
average coupon rate less [0.64625]% for
servicing fees, trustee fees and certificate
insurer premiums) for the Group I fixed-rate
collateral for such Distribution Date.
** Group I Coupon Step-Up: If the Servicer does not
exercise its option to call the Group I
Certificates at the 10% cleanup call date, then
the coupon on the Class A-7 Certificates shall
be raised by 50 bps.
*** To 10% Group I Clean-Up Call.
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
PRICING INFORMATION (CONT.)
----------
GROUP II FLOATING RATE COLLATERAL
Class: A-8
Approximate
Face Amount: [325,000,000]
Coupon: The least of:
1) 1M LIBOR + [TBD] bps
2) Group II Net Funds Cap (described below)
After the Cleanup Call, the least of:
1) 1M LIBOR + 2 x [TBD] bps
2) Group II Net Funds Cap
Price: 100-00
Yield: Variable
Spread: n/a
Index: 1 Month LIBOR
Disc. Margin: TBD bps
Life Cap: [14.75]%
Avg Life to Call: [2.99] yrs
Avg Life to Maturity: [3.29] yrs
Exp. 1st Prin Payment: [01/15/97]
Exp Mat to Call: [04/15/04]
Exp Mat: [11/15/26]
Stated Mat: [12/15/26]
Expected
Rating: AAA/Aaa/AAA
Pricing Spd: 27% HEP
Pricing Date: TBD
Investor
Settle Date: [12/20/96]
Pymt Delay: 0 days
Cut-off Date: 12/01/96
Dated Date: [12/19/96]
Int Pymt: actual/360
Pymt Terms: Monthly
1st Int. Pymt Date: 01/15/97
Collateral Type: FLoating-Rate
Eligibility: non-SMMEA Eligible
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Group II Net Funds Cap:
Group II Adjusted Net Coupon:
Net Coupon - fees ([14.625] bps) - surety carveout ([50] bps)*
The Group II Net Funds Cap on each Distribution Date will be the lesser of:
1) Weighted Average Gross Life Cap: [ 15.892 ]%
Less Surety carveout [ 0.500 ]%*
Less Servicing [ 0.500 ]%
Less Fees [ 0.14625 ]%
----------
[ 14.74575 ]%
2) Weighted Average Adjusted Net Coupon on the Group II loans for
such Distribution Date.
* Carveout not applicable for the first [12] bond payments.
Monthly Group II Net Funds Cap Summary:
(calculated on 30/360 basis)
Date: 01/97 07/97 01/98 07/98 01/99
Adjusted Net Coupon: [9.69] [9.87] [9.63] [9.63] [9.72]
Margin*: [3.89] [4.07] [3.83] [3.83] [3.92]
*(Assuming 1M LIBOR as of closing of [5.59375%] and a spread of [0.21%], 1M
LIBOR would have to rise by the corresponding Margin to fully adjust to the Net
Funds Cap under this scenario).
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
SUMMARY OF TERMS
--------------------------
Title of Securities: UCFC Loan Trust 1996-D1, Home Equity
Loan Pass-Through Certificates, Series 1996-D1, Class
A-1, A-2, A-3, A-4, A-5, A-6, and A-7 (the "Group I
Certificates") UCFC Loan Trust 1996-D2, Home Equity
Loan Pass-Through Certificates, Series 1996-D2, Class
A-8 (the "Group II Certificates").
Depositor: UCFC Acceptance Corporation.
Servicer: United Companies Lending Corporation.
Originators: The Home Equity Loans were, and any Subsequent Loans
will be, originated, either directly or through
correspondents or mortgage brokers, or purchased and
re-underwritten, by United Companies and certain
subsidiaries and affiliates thereof.
Trustee: Bankers Trust Company of California, N.A.
Aggregate
Certificate Balance: Group I Fixed-Rate (non-SMMEA) $ [325,000,000]
Group II Floating-Rate (non-SMMEA) $ [325,000,000]
Securities Offered: 100% MBIA-guaranteed, pass-through certificates.
Offering: Public shelf offering -- a prospectus and prospectus
supplement will be distributed after pricing.
Pricing Date: TBD
Investor
Settlement Date: [12/20/96]
Form of Certificates: Book-Entry form, same-day funds through DTC, Euroclear
and CEDEL
Pass-Through Rate: 1-Month LIBOR + TBD bps on Class A-1 Certificates *
TBD % on Class A-2 Certificates
TBD % on Class A-3 Certificates
TBD % on Class A-4 Certificates
TBD % on Class A-5 Certificates
TBD % on Class A-6 Certificates
TBD % on Class A-7 Certificates
1-Month LIBOR + TBD bps on Class A-8 Certificates *
* Subject to the Net Funds Cap for their respective
Loan Group
Prepayment
Assumption: For Class A-1 through A-7, 25% HEP (2.5% CPR in month 1
with monthly incremental increases of 2.5% CPR until
the speed reaches 25% CPR in month 10 based on loan
seasoning.) This means that seasoned loans will start
further up on the prepayment curve.
For Class A-8, 27% HEP (2.7% CPR in month 1 with
monthly incremental increases of 2.7% CPR until the
speed reaches 27% CPR in month 10 based on loan
seasoning.) This means that seasoned loans will start
further up on the prepayment curve.
Principal Paydown: All Group I principal pays Group I bonds sequentially.
All Group II principal is passed through to Class A-8.
Payment Date: The 15th day of each month (or, if any such date
is not a business day, the first business day
thereafter) commencing on January 15, 1997. The payment
delay will be 0 days for the Class A-1 and Class A-8
Certificates and 14 days for the Class A-2, A-3, A-4,
A-5, A-6 and A-7 Certificates.
Interest Accrual
Period: The initial interest accrual period on the Class A-1
and Class A-8 Certificates will be from December [19th]
until January 14th. In future periods, interest on the
Class A-1 and Class A-8 Certificates will accrue during
the period commencing on the 15th day of the preceding
month until the 14th day of the current month.
Interest on the Class A-2 through A-7 Certificates will
accrue from the first day of the preceeding month until
the 30th day of the preceeding month.
Optional
Cleanup Call: The Servicer may call the Certificates in a
particular Loan Group on any Remittance Date when the
then-outstanding collateral balance in that Loan Group
is less than or equal to 10% of their original
collateral balance.
Group I
Coupon Step-Up: If the Servicer does not exercise its option
to call the Group I Certificates at the 10% cleanup
call date, then the coupon on the Class A-7
Certificates shall be raised by 50 bps.
Group II
Coupon Step-Up: If the Servicer does not exercise its option
to call the Group II Certificates at the 10% cleanup
call date, then the coupon on the Class A-8
Certificates shall be raised to LIBOR + 2 x TBD bps
subject to the Group II Net Funds Cap.
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Pre-Funding Account: On the closing date, approximately [$78,087,337] and
[$69,790,743] will be deposited in pre-funding accounts
for the purchase of additional fixed- and floating-rate
mortgage loans, respectively. From the closing date
until February 15, 1997, the Trust intends to purchase
mortgage loans up to the entire pre-funding amounts.
Funds remaining in either of the pre-funding accounts
that total less than $100,000 after this period will be
distributed to investors in the related Class A-1 and
Class A-8 Certificates as prepayments on February 15,
1997. If the funds remaining in either of the
pre-funding accounts total greater than $100,000 after
this period, the funds will be distributed on a
pro-rata basis to the investors in the related Class
A-1 through A-7 Certificates in the case of the
fixed-rate prefunding account and to the investors in
the Class A-8 Certificates in the case of the
floating-rate prefunding account as a prepayment on
February 15, 1997. The additional mortgage loans will
be subject to certain aggregate group characteristics
that will be more fully described in the Prospectus
Supplement.
Certificate Insurer: MBIA Insurance Corporation ("MBIA"). MBIA's
claims-paying ability is rated "AAA" by Standard &
Poor's, "Aaa" by Moody's Investors Service and "AAA" by
Fitch Investors Service, Inc.
Certificate Insurance
Policy: The Certificate Insurance Policy will provide 100%
coverage of timely interest and ultimate principal
payments due on the Certificates.
Reserve Account: A Reserve account will be available to cover losses
prior to any draw on the Certificate Insurance Policy.
The initial deposit and maintenance levels of the
reserve account will be sized by the surety provider.
Servicing Fee: 50 basis points per annum.
ERISA Considerations: It is believed that the Certificates will be ERISA
eligible after the pre-funding period. However,
investors should consult with their counsel with
respect to the consequences under ERISA and the
Internal Revenue Code of the Plan's acquisition and
ownership of such Certificates.
Taxation: REMIC.
Legal Investment: None of the Certificates will be SMMEA-eligible.
Certificates Ratings: "AAA" by S&P, "Aaa" by Moody's, and "AAA" by Fitch for
the Class A-1, A-2, A-3, A-4, A-5, A-6, A-7 and A-8
Certificates.
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Class A1 LIBOR-1M 5.59375
1st Pmt 01/15/97
Settle 12/20/96
HEP 15.00 HEP 18.00 HEP 21.00 HEP 25.00 HEP 28.00 HEP 31.00 HEP 34.00
Price
----- --------- --------- --------- --------- --------- --------- ---------
99-30 13.039 13.696 14.312 15.076 15.613 16.117 16.599
99-30+ 11.778 12.270 12.732 13.305 13.707 14.085 14.446
99-31 10.517 10.845 11.152 11.534 11.802 12.054 12.294
99-31+ 9.256 9.419 9.573 9.763 9.897 10.022 10.142
100-00 7.995 7.994 7.994 7.993 7.992 7.992 7.991
100-00+ 6.734 6.569 6.415 6.223 6.088 5.961 5.840
100-01 5.474 5.145 4.836 4.453 4.184 3.931 3.690
100-01+ 4.214 3.721 3.258 2.684 2.281 1.902 1.540
Avg. Life 1.282 1.127 1.013 0.900 0.835 0.781 0.736
Mod. Dur. 1.194 1.056 0.953 0.850 0.790 0.741 0.699
1st Pmt. 0.069 0.069 0.069 0.069 0.069 0.069 0.069
Last Pmt. 2.403 2.069 1.819 1.569 1.403 1.319 1.236
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Class A2
Settle 12/20/96
HEP 15.00 HEP 18.00 HEP 21.00 HEP 25.00 HEP 28.00 HEP 31.00 HEP 34.00
Price
----- --------- --------- --------- --------- --------- --------- ---------
99-22+ 6.361 6.364 6.367 6.371 6.374 6.377 6.379
99-23 6.356 6.358 6.360 6.363 6.365 6.367 6.368
99-23+ 6.350 6.351 6.352 6.354 6.355 6.356 6.357
99-24 6.344 6.345 6.345 6.345 6.346 6.346 6.346
99-24+ 6.339 6.338 6.338 6.337 6.336 6.336 6.335
99-25 6.333 6.331 6.330 6.328 6.327 6.326 6.324
99-25+ 6.327 6.325 6.323 6.320 6.318 6.316 6.313
99-26 6.321 6.318 6.315 6.311 6.308 6.305 6.302
99-26+ 6.316 6.312 6.308 6.303 6.299 6.295 6.291
99-27 6.310 6.305 6.300 6.294 6.289 6.285 6.280
99-27+ 6.304 6.299 6.293 6.286 6.280 6.275 6.269
99-28 6.299 6.292 6.286 6.277 6.271 6.265 6.258
99-28+ 6.293 6.285 6.278 6.268 6.261 6.254 6.247
99-29 6.287 6.279 6.271 6.260 6.252 6.244 6.236
99-29+ 6.281 6.272 6.263 6.251 6.243 6.234 6.225
99-30 6.276 6.266 6.256 6.243 6.233 6.224 6.214
99-30+ 6.270 6.259 6.248 6.234 6.224 6.214 6.204
99-31 6.264 6.253 6.241 6.226 6.215 6.203 6.193
99-31+ 6.259 6.246 6.234 6.217 6.205 6.193 6.182
100-00 6.253 6.239 6.226 6.209 6.196 6.183 6.171
100-00+ 6.247 6.233 6.219 6.200 6.186 6.173 6.160
100-01 6.241 6.226 6.211 6.192 6.177 6.163 6.149
100-01+ 6.236 6.220 6.204 6.183 6.168 6.153 6.138
100-02 6.230 6.213 6.197 6.175 6.158 6.142 6.127
100-02+ 6.224 6.207 6.189 6.166 6.149 6.132 6.116
100-03 6.219 6.200 6.182 6.158 6.140 6.122 6.105
100-03+ 6.213 6.194 6.174 6.149 6.130 6.112 6.094
100-04 6.207 6.187 6.167 6.140 6.121 6.102 6.083
100-04+ 6.202 6.180 6.160 6.132 6.112 6.092 6.072
100-05 6.196 6.174 6.152 6.123 6.102 6.081 6.061
100-05+ 6.190 6.167 6.145 6.115 6.093 6.071 6.050
100-06 6.184 6.161 6.137 6.106 6.084 6.061 6.039
100-06+ 6.179 6.154 6.130 6.098 6.074 6.051 6.028
100-07 6.173 6.148 6.123 6.089 6.065 6.041 6.017
100-07+ 6.167 6.141 6.115 6.081 6.056 6.031 6.006
100-08 6.162 6.135 6.108 6.072 6.046 6.021 5.995
100-08+ 6.156 6.128 6.100 6.064 6.037 6.010 5.984
100-09 6.150 6.122 6.093 6.055 6.028 6.000 5.973
100-09+ 6.145 6.115 6.086 6.047 6.018 5.990 5.963
Avg. Life 3.096 2.654 2.326 2.000 1.813 1.660 1.532
Mod. Dur. 2.730 2.373 2.101 1.825 1.664 1.531 1.419
1st Pmt. 2.403 2.069 1.819 1.569 1.403 1.319 1.236
Last Pmt. 3.903 3.319 2.903 2.486 2.236 2.069 1.903
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Class A3
Settle 12/20/96
HEP 15.00 HEP 18.00 HEP 21.00 HEP 25.00 HEP 28.00 HEP 31.00 HEP 34.00
Price
----- --------- --------- --------- --------- --------- --------- ---------
99-22+ 6.522 6.523 6.525 6.528 6.529 6.531 6.533
99-23 6.518 6.519 6.520 6.522 6.523 6.524 6.525
99-23+ 6.514 6.514 6.515 6.516 6.516 6.517 6.518
99-24 6.510 6.510 6.510 6.510 6.510 6.510 6.510
99-24+ 6.506 6.505 6.505 6.504 6.503 6.503 6.502
99-25 6.502 6.501 6.500 6.498 6.497 6.496 6.494
99-25+ 6.498 6.496 6.495 6.492 6.490 6.489 6.487
99-26 6.494 6.492 6.489 6.486 6.484 6.481 6.479
99-26+ 6.490 6.487 6.484 6.480 6.477 6.474 6.471
99-27 6.486 6.483 6.479 6.474 6.471 6.467 6.464
99-27+ 6.482 6.478 6.474 6.469 6.464 6.460 6.456
99-28 6.478 6.474 6.469 6.463 6.458 6.453 6.448
99-28+ 6.474 6.469 6.464 6.457 6.451 6.446 6.441
99-29 6.470 6.465 6.459 6.451 6.445 6.439 6.433
99-29+ 6.467 6.460 6.454 6.445 6.438 6.432 6.425
99-30 6.463 6.456 6.449 6.439 6.432 6.425 6.417
99-30+ 6.459 6.451 6.444 6.433 6.425 6.418 6.410
99-31 6.455 6.447 6.438 6.427 6.419 6.411 6.402
99-31+ 6.451 6.442 6.433 6.421 6.412 6.404 6.394
100-00 6.447 6.438 6.428 6.416 6.406 6.396 6.387
100-00+ 6.443 6.433 6.423 6.410 6.400 6.389 6.379
100-01 6.439 6.429 6.418 6.404 6.393 6.382 6.371
100-01+ 6.435 6.424 6.413 6.398 6.387 6.375 6.364
100-02 6.431 6.420 6.408 6.392 6.380 6.368 6.356
100-02+ 6.427 6.415 6.403 6.386 6.374 6.361 6.348
100-03 6.423 6.411 6.398 6.380 6.367 6.354 6.341
100-03+ 6.419 6.406 6.393 6.374 6.361 6.347 6.333
100-04 6.415 6.402 6.388 6.369 6.354 6.340 6.325
100-04+ 6.412 6.397 6.382 6.363 6.348 6.333 6.318
100-05 6.408 6.393 6.377 6.357 6.341 6.326 6.310
100-05+ 6.404 6.388 6.372 6.351 6.335 6.319 6.302
100-06 6.400 6.384 6.367 6.345 6.328 6.312 6.295
100-06+ 6.396 6.379 6.362 6.339 6.322 6.305 6.287
100-07 6.392 6.375 6.357 6.333 6.315 6.297 6.279
100-07+ 6.388 6.370 6.352 6.327 6.309 6.290 6.272
100-08 6.384 6.366 6.347 6.322 6.303 6.283 6.264
100-08+ 6.380 6.361 6.342 6.316 6.296 6.276 6.256
100-09 6.376 6.357 6.337 6.310 6.290 6.269 6.249
100-09+ 6.372 6.352 6.332 6.304 6.283 6.262 6.241
Avg. Life 4.739 4.045 3.523 3.001 2.698 2.451 2.243
Mod. Dur. 3.961 3.455 3.058 2.648 2.403 2.200 2.028
1st Pmt. 3.903 3.319 2.903 2.486 2.236 2.069 1.903
Last Pmt. 5.653 4.819 4.236 3.569 3.236 2.903 2.653
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Class A4
Settle 12/20/96
HEP 15.00 HEP 18.00 HEP 21.00 HEP 25.00 HEP 28.00 HEP 31.00 HEP 34.00
Price
----- --------- --------- --------- --------- --------- --------- ---------
99-22+ 6.720 6.721 6.722 6.723 6.724 6.726 6.727
99-23 6.716 6.717 6.718 6.719 6.719 6.720 6.721
99-23+ 6.713 6.714 6.714 6.714 6.714 6.715 6.715
99-24 6.710 6.710 6.710 6.710 6.709 6.709 6.709
99-24+ 6.707 6.707 6.706 6.705 6.704 6.704 6.703
99-25 6.704 6.703 6.702 6.700 6.699 6.698 6.697
99-25+ 6.701 6.700 6.698 6.696 6.694 6.693 6.691
99-26 6.698 6.696 6.694 6.691 6.689 6.687 6.685
99-26+ 6.695 6.692 6.690 6.687 6.684 6.682 6.679
99-27 6.692 6.689 6.686 6.682 6.679 6.676 6.673
99-27+ 6.689 6.685 6.682 6.678 6.674 6.671 6.667
99-28 6.686 6.682 6.678 6.673 6.669 6.665 6.661
99-28+ 6.682 6.678 6.674 6.669 6.664 6.660 6.655
99-29 6.679 6.675 6.670 6.664 6.659 6.654 6.649
99-29+ 6.676 6.671 6.666 6.659 6.654 6.649 6.643
99-30 6.673 6.668 6.662 6.655 6.649 6.643 6.637
99-30+ 6.670 6.664 6.658 6.650 6.644 6.638 6.631
99-31 6.667 6.661 6.654 6.646 6.639 6.632 6.625
99-31+ 6.664 6.657 6.651 6.641 6.634 6.627 6.619
100-00 6.661 6.654 6.647 6.637 6.629 6.621 6.613
100-00+ 6.658 6.650 6.643 6.632 6.624 6.616 6.607
100-01 6.655 6.647 6.639 6.628 6.619 6.610 6.602
100-01+ 6.652 6.643 6.635 6.623 6.614 6.605 6.596
100-02 6.648 6.640 6.631 6.618 6.609 6.599 6.590
100-02+ 6.645 6.636 6.627 6.614 6.604 6.594 6.584
100-03 6.642 6.633 6.623 6.609 6.599 6.588 6.578
100-03+ 6.639 6.629 6.619 6.605 6.594 6.583 6.572
100-04 6.636 6.626 6.615 6.600 6.589 6.578 6.566
100-04+ 6.633 6.622 6.611 6.596 6.584 6.572 6.560
100-05 6.630 6.619 6.607 6.591 6.579 6.567 6.554
100-05+ 6.627 6.615 6.603 6.587 6.574 6.561 6.548
100-06 6.624 6.612 6.599 6.582 6.569 6.556 6.542
100-06+ 6.621 6.608 6.595 6.578 6.564 6.550 6.536
100-07 6.618 6.605 6.591 6.573 6.559 6.545 6.530
100-07+ 6.615 6.601 6.587 6.569 6.554 6.539 6.524
100-08 6.611 6.598 6.583 6.564 6.549 6.534 6.518
100-08+ 6.608 6.594 6.580 6.559 6.544 6.528 6.512
100-09 6.605 6.591 6.576 6.555 6.539 6.523 6.506
100-09+ 6.602 6.587 6.572 6.550 6.534 6.517 6.500
Avg. Life 6.371 5.444 4.735 4.019 3.601 3.257 2.969
Mod. Dur. 5.040 4.433 3.942 3.422 3.107 2.842 2.614
1st Pmt. 5.653 4.819 4.236 3.569 3.236 2.903 2.653
Last Pmt. 7.153 6.069 5.319 4.486 4.069 3.653 3.319
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Class A5
Settle 12/20/96
HEP 15.00 HEP 18.00 HEP 21.00 HEP 25.00 HEP 28.00 HEP 31.00 HEP 34.00
Price
----- --------- --------- --------- --------- --------- --------- ---------
99-22+ 6.865 6.866 6.866 6.867 6.868 6.869 6.870
99-23 6.862 6.863 6.863 6.864 6.864 6.865 6.865
99-23+ 6.860 6.860 6.860 6.860 6.860 6.860 6.860
99-24 6.857 6.857 6.857 6.856 6.856 6.856 6.855
99-24+ 6.855 6.854 6.854 6.853 6.852 6.851 6.851
99-25 6.852 6.851 6.850 6.849 6.848 6.847 6.846
99-25+ 6.850 6.848 6.847 6.845 6.844 6.843 6.841
99-26 6.847 6.846 6.844 6.842 6.840 6.838 6.836
99-26+ 6.845 6.843 6.841 6.838 6.836 6.834 6.832
99-27 6.842 6.840 6.838 6.834 6.832 6.829 6.827
99-27+ 6.839 6.837 6.834 6.831 6.828 6.825 6.822
99-28 6.837 6.834 6.831 6.827 6.824 6.821 6.817
99-28+ 6.834 6.831 6.828 6.823 6.820 6.816 6.812
99-29 6.832 6.828 6.825 6.820 6.816 6.812 6.808
99-29+ 6.829 6.825 6.821 6.816 6.812 6.807 6.803
99-30 6.827 6.823 6.818 6.812 6.808 6.803 6.798
99-30+ 6.824 6.820 6.815 6.809 6.804 6.799 6.793
99-31 6.822 6.817 6.812 6.805 6.800 6.794 6.788
99-31+ 6.819 6.814 6.809 6.801 6.796 6.790 6.784
100-00 6.816 6.811 6.805 6.798 6.792 6.785 6.779
100-00+ 6.814 6.808 6.802 6.794 6.788 6.781 6.774
100-01 6.811 6.805 6.799 6.790 6.784 6.777 6.769
100-01+ 6.809 6.802 6.796 6.787 6.779 6.772 6.765
100-02 6.806 6.800 6.793 6.783 6.775 6.768 6.760
100-02+ 6.804 6.797 6.789 6.779 6.771 6.763 6.755
100-03 6.801 6.794 6.786 6.776 6.767 6.759 6.750
100-03+ 6.799 6.791 6.783 6.772 6.763 6.755 6.745
100-04 6.796 6.788 6.780 6.768 6.759 6.750 6.741
100-04+ 6.793 6.785 6.777 6.765 6.755 6.746 6.736
100-05 6.791 6.782 6.773 6.761 6.751 6.741 6.731
100-05+ 6.788 6.780 6.770 6.757 6.747 6.737 6.726
100-06 6.786 6.777 6.767 6.754 6.743 6.733 6.722
100-06+ 6.783 6.774 6.764 6.750 6.739 6.728 6.717
100-07 6.781 6.771 6.761 6.746 6.735 6.724 6.712
100-07+ 6.778 6.768 6.757 6.743 6.731 6.719 6.707
100-08 6.776 6.765 6.754 6.739 6.727 6.715 6.703
100-08+ 6.773 6.762 6.751 6.735 6.723 6.711 6.698
100-09 6.770 6.759 6.748 6.732 6.719 6.706 6.693
100-09+ 6.768 6.757 6.745 6.728 6.715 6.702 6.688
Avg. Life 8.189 7.033 6.127 5.197 4.651 4.197 3.816
Mod. Dur. 6.091 5.421 4.859 4.245 3.866 3.540 3.259
1st Pmt. 7.153 6.069 5.319 4.486 4.069 3.653 3.319
Last Pmt. 9.403 8.069 7.069 5.986 5.403 4.819 4.403
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Class A6
Settle 12/20/96
**************** TO CALL *********************
HEP 15.00 HEP 18.00 HEP 21.00 HEP 25.00 HEP 28.00 HEP 31.00 HEP 34.00
Price
----- --------- --------- --------- --------- --------- --------- ---------
99-22+ 7.129 7.130 7.130 7.131 7.131 7.131 7.132
99-23 7.127 7.127 7.128 7.128 7.128 7.128 7.128
99-23+ 7.125 7.125 7.125 7.125 7.125 7.125 7.124
99-24 7.123 7.123 7.122 7.122 7.122 7.121 7.121
99-24+ 7.121 7.121 7.120 7.119 7.118 7.118 7.117
99-25 7.119 7.118 7.117 7.116 7.115 7.114 7.113
99-25+ 7.117 7.116 7.115 7.113 7.112 7.111 7.110
99-26 7.115 7.114 7.112 7.110 7.109 7.108 7.106
99-26+ 7.113 7.111 7.110 7.108 7.106 7.104 7.102
99-27 7.111 7.109 7.107 7.105 7.103 7.101 7.099
99-27+ 7.108 7.107 7.105 7.102 7.100 7.097 7.095
99-28 7.106 7.104 7.102 7.099 7.097 7.094 7.091
99-28+ 7.104 7.102 7.100 7.096 7.093 7.091 7.088
99-29 7.102 7.100 7.097 7.093 7.090 7.087 7.084
99-29+ 7.100 7.097 7.094 7.090 7.087 7.084 7.080
99-30 7.098 7.095 7.092 7.087 7.084 7.080 7.077
99-30+ 7.096 7.093 7.089 7.085 7.081 7.077 7.073
99-31 7.094 7.090 7.087 7.082 7.078 7.074 7.069
99-31+ 7.092 7.088 7.084 7.079 7.075 7.070 7.066
100-00 7.090 7.086 7.082 7.076 7.072 7.067 7.062
100-00+ 7.088 7.084 7.079 7.073 7.068 7.063 7.058
100-01 7.085 7.081 7.077 7.070 7.065 7.060 7.055
100-01+ 7.083 7.079 7.074 7.067 7.062 7.057 7.051
100-02 7.081 7.077 7.072 7.064 7.059 7.053 7.047
100-02+ 7.079 7.074 7.069 7.062 7.056 7.050 7.044
100-03 7.077 7.072 7.066 7.059 7.053 7.047 7.040
100-03+ 7.075 7.070 7.064 7.056 7.050 7.043 7.036
100-04 7.073 7.067 7.061 7.053 7.047 7.040 7.033
100-04+ 7.071 7.065 7.059 7.050 7.043 7.036 7.029
100-05 7.069 7.063 7.056 7.047 7.040 7.033 7.025
100-05+ 7.067 7.061 7.054 7.044 7.037 7.030 7.022
100-06 7.065 7.058 7.051 7.042 7.034 7.026 7.018
100-06+ 7.062 7.056 7.049 7.039 7.031 7.023 7.014
100-07 7.060 7.054 7.046 7.036 7.028 7.019 7.011
100-07+ 7.058 7.051 7.044 7.033 7.025 7.016 7.007
100-08 7.056 7.049 7.041 7.030 7.022 7.013 7.003
100-08+ 7.054 7.047 7.039 7.027 7.019 7.009 7.000
100-09 7.052 7.044 7.036 7.024 7.015 7.006 6.996
100-09+ 7.050 7.042 7.034 7.022 7.012 7.003 6.992
Avg. Life 11.040 9.580 8.366 7.119 6.392 5.768 5.233
Mod. Dur. 7.434 6.748 6.122 5.421 4.982 4.589 4.237
1st Pmt. 9.403 8.069 7.069 5.986 5.403 4.819 4.403
Last Pmt. 10/15/08 04/15/07 12/15/05 08/15/04 11/15/03 03/15/03 08/15/02
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Class A7
Settle 12/20/96
**************** TO CALL *********************
HEP 15.00 HEP 18.00 HEP 21.00 HEP 25.00 HEP 28.00 HEP 31.00 HEP 34.00
Price
----- --------- --------- --------- --------- --------- --------- ---------
99-22 7.293 7.293 7.294 7.294 7.295 7.295 7.296
99-22+ 7.291 7.291 7.291 7.292 7.292 7.292 7.292
99-23 7.289 7.289 7.289 7.289 7.289 7.289 7.289
99-23+ 7.287 7.287 7.286 7.286 7.286 7.286 7.285
99-24 7.285 7.284 7.284 7.283 7.283 7.282 7.282
99-24+ 7.283 7.282 7.282 7.281 7.280 7.279 7.279
99-25 7.281 7.280 7.279 7.278 7.277 7.276 7.275
99-25+ 7.279 7.278 7.277 7.275 7.274 7.273 7.272
99-26 7.277 7.276 7.274 7.272 7.271 7.270 7.268
99-26+ 7.275 7.273 7.272 7.270 7.268 7.266 7.265
99-27 7.273 7.271 7.269 7.267 7.265 7.263 7.261
99-27+ 7.271 7.269 7.267 7.264 7.262 7.260 7.258
99-28 7.269 7.267 7.264 7.261 7.259 7.257 7.254
99-28+ 7.267 7.264 7.262 7.259 7.256 7.254 7.251
99-29 7.264 7.262 7.260 7.256 7.253 7.250 7.247
99-29+ 7.262 7.260 7.257 7.253 7.250 7.247 7.244
99-30 7.260 7.258 7.255 7.251 7.247 7.244 7.240
99-30+ 7.258 7.256 7.252 7.248 7.244 7.241 7.237
99-31 7.256 7.253 7.250 7.245 7.242 7.238 7.233
99-31+ 7.254 7.251 7.247 7.242 7.239 7.234 7.230
100-00 7.252 7.249 7.245 7.240 7.236 7.231 7.227
100-00+ 7.250 7.247 7.243 7.237 7.233 7.228 7.223
100-01 7.248 7.245 7.240 7.234 7.230 7.225 7.220
100-01+ 7.246 7.242 7.238 7.231 7.227 7.222 7.216
100-02 7.244 7.240 7.235 7.229 7.224 7.218 7.213
100-02+ 7.242 7.238 7.233 7.226 7.221 7.215 7.209
100-03 7.240 7.236 7.230 7.223 7.218 7.212 7.206
100-03+ 7.238 7.234 7.228 7.221 7.215 7.209 7.202
100-04 7.236 7.231 7.226 7.218 7.212 7.206 7.199
100-04+ 7.234 7.229 7.223 7.215 7.209 7.202 7.195
100-05 7.232 7.227 7.221 7.212 7.206 7.199 7.192
100-05+ 7.230 7.225 7.218 7.210 7.203 7.196 7.188
100-06 7.228 7.223 7.216 7.207 7.200 7.193 7.185
100-06+ 7.226 7.220 7.214 7.204 7.197 7.190 7.182
100-07 7.224 7.218 7.211 7.201 7.194 7.186 7.178
100-07+ 7.222 7.216 7.209 7.199 7.191 7.183 7.175
100-08 7.220 7.214 7.206 7.196 7.188 7.180 7.171
100-08+ 7.218 7.212 7.204 7.193 7.185 7.177 7.168
100-09 7.216 7.209 7.201 7.191 7.183 7.174 7.164
Avg. Life 11.819 10.319 8.986 7.653 6.903 6.236 5.653
Mod. Dur. 7.717 7.059 6.412 5.700 5.269 4.866 4.497
1st Pmt. 11.819 10.319 8.986 7.653 6.903 6.236 5.653
Last Pmt. 10/15/08 04/15/07 12/15/05 08/15/04 11/15/03 03/15/03 08/15/02
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Class A8 LIBOR-1M 5.59375
Settle 12/20/96
**************** TO CALL *********************
HEP 15.00 HEP 18.00 HEP 22.00 HEP 27.00 HEP 32.00 HEP 34.00 HEP 36.00
Price
----- --------- --------- --------- --------- --------- --------- ---------
99-25+ 25.690 26.402 27.377 28.659 29.986 30.538 31.085
99-26 25.328 25.986 26.885 28.069 29.293 29.803 30.308
99-26+ 24.967 25.570 26.394 27.478 28.601 29.068 29.531
99-27 24.606 25.154 25.903 26.889 27.909 28.333 28.754
99-27+ 24.245 24.737 25.412 26.299 27.217 27.599 27.977
99-28 23.883 24.322 24.921 25.709 26.525 26.864 27.201
99-28+ 23.523 23.906 24.430 25.120 25.833 26.130 26.425
99-29 23.162 23.490 23.939 24.530 25.142 25.396 25.649
99-29+ 22.801 23.074 23.449 23.941 24.451 24.663 24.873
99-30 22.440 22.659 22.958 23.352 23.760 23.929 24.097
99-30+ 22.080 22.244 22.468 22.763 23.069 23.196 23.322
99-31 21.719 21.828 21.978 22.174 22.378 22.463 22.547
99-31+ 21.359 21.413 21.488 21.586 21.687 21.730 21.771
100-00 20.998 20.998 20.998 20.997 20.997 20.997 20.997
100-00+ 20.638 20.583 20.508 20.409 20.307 20.264 20.222
100-01 20.278 20.168 20.018 19.821 19.617 19.532 19.448
100-01+ 19.918 19.754 19.529 19.233 18.927 18.800 18.673
100-02 19.558 19.339 19.040 18.645 18.237 18.068 17.899
100-02+ 19.198 18.925 18.550 18.058 17.548 17.336 17.126
100-03 18.839 18.510 18.061 17.470 16.858 16.604 16.352
100-03+ 18.479 18.096 17.572 16.883 16.169 15.873 15.578
100-04 18.120 17.682 17.083 16.296 15.480 15.141 14.805
100-04+ 17.760 17.268 16.595 15.709 14.792 14.410 14.032
100-05 17.401 16.854 16.106 15.122 14.103 13.679 13.259
100-05+ 17.042 16.440 15.617 14.535 13.415 12.949 12.487
100-06 16.683 16.027 15.129 13.948 12.726 12.218 11.714
Avg. Life 5.416 4.536 3.713 2.996 2.498 2.337 2.197
Mod. Dur. 4.172 3.622 3.069 2.555 2.178 2.052 1.941
1st Pmt. 0.069 0.069 0.069 0.069 0.069 0.069 0.069
Last Pmt. 04/15/10 02/15/08 02/15/06 04/15/04 01/15/03 08/15/02 04/15/02
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS STRUCTURAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE STRUCTURAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
- --------------------------------------------------------------------------------
- UCFC6D
- Cut Off Date of Tape is 12/1/96
- GROUP I - Fixed Rate Collateral
- $246,919,662.76
- --------------------------------------------------------------------------------
Number of Mortgage Loans: 5,094
Aggregate Unpaid Principal Balance: $246,919,662.76
Aggregate Original Principal Balance: $247,291,843.72
Weighted Average Gross Coupon: 11.695%
Gross Coupon Range: 8.250% - 16.000%
Average Unpaid Principal Balance: $48,472.65
Average Original Principal Balance: $48,545.71
Maximum Unpaid Principal Balance: $500,000.00
Minimum Unpaid Principal Balance: $4,318.44
Maximum Original Principal Balance: $500,000.00
Minimum Original Principal Balance: $4,500.00
Weighted Avg. Stated Rem. Term (LPD to Mat Date): 253.291
Stated Rem Term Range: 48.000 - 360.000
Weighted Avg. Amortized Rem. Term: 259.852
Amortized Rem Term Range: 47.999 - 360.074
Weighted Average Age (First Pay thru Last Pay): 0.903
Age Range: 0.000 - 122.000
Weighted Average Original Term: 254.193
Original Term Range: 48.000 - 360.000
Weighted Average Combined LTV: 79.455
Combined LTV Range: 7.400% - 100.000%
- --------------------------------------------------------------------------------
GROSS COUPON
- --------------------------------------------------------------------------------
Total
Gross # % Current
Coupon Loan Pool Balance
8.00% < Gross Coupon <= 8.25% 1 .02 $55,278.53
8.25% < Gross Coupon <= 8.50% 3 .05 $117,432.50
8.75% < Gross Coupon <= 9.00% 5 .19 $461,761.97
9.00% < Gross Coupon <= 9.25% 15 .36 $887,258.26
9.25% < Gross Coupon <= 9.50% 14 .34 $845,559.09
9.50% < Gross Coupon <= 9.75% 84 1.36 $3,345,830.94
9.75% < Gross Coupon <= 10.00% 73 1.62 $4,009,447.29
10.00% < Gross Coupon <= 10.25% 156 3.29 $8,118,060.91
10.25% < Gross Coupon <= 10.50% 210 4.49 $11,094,031.28
10.50% < Gross Coupon <= 10.75% 249 6.23 $15,380,324.94
10.75% < Gross Coupon <= 11.00% 456 10.03 $24,758,073.40
11.00% < Gross Coupon <= 11.25% 379 8.82 $21,774,133.03
11.25% < Gross Coupon <= 11.50% 349 8.37 $20,670,949.14
11.50% < Gross Coupon <= 11.75% 507 11.09 $27,388,754.30
11.75% < Gross Coupon <= 12.00% 668 11.83 $29,220,419.87
12.00% < Gross Coupon <= 12.25% 324 6.02 $14,868,210.25
12.25% < Gross Coupon <= 12.50% 375 7.80 $19,254,037.07
12.50% < Gross Coupon <= 12.75% 289 4.86 $12,003,976.05
12.75% < Gross Coupon <= 13.00% 404 5.19 $12,817,207.72
13.00% < Gross Coupon <= 13.25% 152 2.48 $6,127,263.01
13.25% < Gross Coupon <= 13.50% 162 2.42 $5,985,670.57
13.50% < Gross Coupon <= 13.75% 40 .70 $1,739,483.06
13.75% < Gross Coupon <= 14.00% 103 1.50 $3,707,253.51
14.00% < Gross Coupon <= 14.25% 30 .42 $1,038,712.15
14.25% < Gross Coupon <= 14.50% 22 .27 $672,811.72
14.50% < Gross Coupon <= 14.75% 5 .09 $214,200.00
14.75% < Gross Coupon <= 15.00% 9 .10 $243,187.96
15.25% < Gross Coupon <= 15.50% 2 .01 $27,192.85
15.75% < Gross Coupon <= 16.00% 8 .04 $93,141.39
- --------------------------------------------------------------------------------
Total..... 5,094 100.00 $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
ORIGINAL MATURITY
- --------------------------------------------------------------------------------
Total
Original # % Current
Maturity Loan Pool Balance
40 < Original Maturity <= 50 3 .02 $44,500.00
50 < Original Maturity <= 60 86 .71 $1,749,671.07
70 < Original Maturity <= 80 7 .06 $137,982.37
80 < Original Maturity <= 90 39 .36 $888,866.67
90 < Original Maturity <= 100 13 .08 $206,246.21
100 < Original Maturity <= 110 3 .02 $41,621.22
110 < Original Maturity <= 120 558 5.91 $14,599,897.91
130 < Original Maturity <= 140 2 .03 $64,701.17
140 < Original Maturity <= 150 38 .50 $1,240,222.87
150 < Original Maturity <= 160 1 .01 $29,975.15
170 < Original Maturity <= 180 2,308 37.38 $92,302,147.62
190 < Original Maturity <= 200 1 .02 $48,408.27
210 < Original Maturity <= 220 1 .01 $24,771.40
230 < Original Maturity <= 240 733 15.74 $38,858,868.39
260 < Original Maturity <= 270 1 .04 $103,463.95
290 < Original Maturity <= 300 50 .98 $2,422,728.28
350 < Original Maturity <= 360 1,250 38.13 $94,155,590.21
- --------------------------------------------------------------------------------
Total..... 5,094 100.00 $246,919,662.76
================================================================================
REMAINING TERM
- --------------------------------------------------------------------------------
Total
# % Current
Remaining Term Loan Pool Balance
36 < Rem Term <= 48 3 .02 $44,500.00
48 < Rem Term <= 60 89 .73 $1,796,176.57
60 < Rem Term <= 72 8 .06 $138,503.79
72 < Rem Term <= 84 40 .37 $905,200.62
84 < Rem Term <= 96 16 .12 $292,524.63
96 < Rem Term <= 108 6 .03 $72,945.61
108 < Rem Term <= 120 550 5.87 $14,490,949.20
120 < Rem Term <= 132 4 .05 $119,447.72
132 < Rem Term <= 144 41 .53 $1,317,341.10
144 < Rem Term <= 156 8 .16 $403,325.83
156 < Rem Term <= 168 13 .24 $587,701.23
168 < Rem Term <= 180 2,285 36.96 $91,262,204.79
180 < Rem Term <= 192 1 .02 $48,408.27
192 < Rem Term <= 204 1 .02 $37,365.57
204 < Rem Term <= 216 1 .01 $29,784.32
216 < Rem Term <= 228 2 .03 $85,098.83
228 < Rem Term <= 240 725 15.64 $38,606,402.24
252 < Rem Term <= 264 1 .04 $103,463.95
264 < Rem Term <= 276 1 .02 $60,078.33
288 < Rem Term <= 300 51 1.02 $2,526,081.35
312 < Rem Term <= 324 2 .05 $117,731.84
324 < Rem Term <= 336 3 .07 $183,761.01
336 < Rem Term <= 348 8 .35 $872,808.53
348 < Rem Term <= 360 1,235 37.59 $92,817,857.43
- --------------------------------------------------------------------------------
Total..... 5,094 100.00 $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
LOAN AGE IN MONTHS (FIRST PAY THRU LAST PAY)
- --------------------------------------------------------------------------------
Total
# % Current
Age of Loan Loan Pool Balance
0 = Age 3,194 62.31 $153,862,146.15
0 < Age <= 12 1,843 36.55 $90,246,629.00
12 < Age <= 24 27 .68 $1,668,964.07
24 < Age <= 36 10 .20 $492,478.76
36 < Age <= 48 8 .10 $254,269.97
48 < Age <= 60 2 .02 $37,259.73
60 < Age <= 72 2 .05 $125,504.10
72 < Age <= 84 2 .02 $45,766.61
84 < Age <= 96 4 .06 $142,529.18
96 < Age <= 108 1 .01 $33,297.40
120 < Age <= 132 1 .00 $10,817.79
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
ORIGINATION YEAR
- --------------------------------------------------------------------------------
Total
Year of # % Current
Origination Loan Pool Balance
1986 1 .00 $10,817.79
1988 1 .01 $33,297.40
1989 4 .04 $107,222.25
1990 1 .01 $20,995.21
1991 1 .01 $22,151.03
1992 2 .02 $37,259.73
1993 2 .01 $28,466.79
1994 6 .13 $310,487.40
1995 23 .56 $1,376,549.39
1996 5,053 99.21 $244,972,415.77
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
COMBINED LTV RANGE
- --------------------------------------------------------------------------------
Total
LTV # % Current
RANGE Loan Pool Balance
5.000 < LTV <= 10.000 1 .01 $13,939.10
10.000 < LTV <= 15.000 11 .06 $144,077.11
15.000 < LTV <= 20.000 18 .11 $263,201.72
20.000 < LTV <= 25.000 25 .19 $457,939.44
25.000 < LTV <= 30.000 29 .21 $525,663.15
30.000 < LTV <= 35.000 46 .47 $1,151,074.66
35.000 < LTV <= 40.000 55 .59 $1,463,413.92
40.000 < LTV <= 45.000 83 .98 $2,428,747.94
45.000 < LTV <= 50.000 122 1.30 $3,211,478.79
50.000 < LTV <= 55.000 131 1.81 $4,475,417.22
55.000 < LTV <= 60.000 159 2.31 $5,706,734.67
60.000 < LTV <= 65.000 214 3.09 $7,637,192.63
65.000 < LTV <= 70.000 323 5.53 $13,645,979.97
70.000 < LTV <= 75.000 526 11.04 $27,248,216.46
75.000 < LTV <= 80.000 1,164 26.20 $64,699,440.96
80.000 < LTV <= 85.000 702 13.82 $34,124,608.24
85.000 < LTV <= 90.000 755 17.68 $43,649,720.29
90.000 < LTV <= 95.000 356 7.29 $17,999,481.96
95.000 < LTV <= 100.000 374 7.32 $18,073,334.53
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
ORIGINAL MORTGAGE AMOUNT
- --------------------------------------------------------------------------------
Total
Original # % Current
Mortgage Amt. Loan Pool Balance
Balance <= 25,000 1,263 9.14 $22,561,597.22
25,000 < Balance <= 50,000 2,081 30.65 $75,677,768.82
50,000 < Balance <= 75,000 1,045 25.66 $63,355,370.61
75,000 < Balance <= 100,000 340 11.74 $28,979,689.16
100,000 < Balance <= 150,000 244 11.79 $29,106,457.90
150,000 < Balance <= 207,000 70 4.95 $12,221,296.81
207,000 < Balance <= 250,000 21 1.93 $4,774,897.60
250,000 < Balance <= 300,000 12 1.32 $3,264,123.84
300,000 < Balance <= 350,000 7 .93 $2,288,459.79
350,000 < Balance <= 400,000 5 .77 $1,896,750.00
400,000 < Balance <= 450,000 2 .33 $814,023.01
450,000 < Balance <= 500,000 4 .80 $1,979,228.00
- --------------------------------------------------------------------------------
Total..... 5,094100.00% $246,919,662.76
================================================================================
CURRENT MORTGAGE AMOUNT
- --------------------------------------------------------------------------------
Total
Current # % Current
Mortgage Amt. Loan Pool Balance
Balance <= 25,000 1,267 9.18 $22,657,766.68
25,000 < Balance <= 50,000 2,079 30.65 $75,679,259.48
50,000 < Balance <= 75,000 1,044 25.65 $63,332,134.56
75,000 < Balance <= 100,000 341 11.78 $29,096,779.84
100,000 < Balance <= 150,000 242 11.71 $28,914,943.15
150,000 < Balance <= 200,000 62 4.29 $10,584,671.14
200,000 < Balance <= 250,000 29 2.60 $6,411,523.27
250,000 < Balance <= 300,000 12 1.32 $3,264,123.84
300,000 < Balance <= 350,000 7 .93 $2,288,459.79
350,000 < Balance <= 400,000 6 .93 $2,296,373.29
400,000 < Balance <= 450,000 1 .17 $414,399.72
450,000 < Balance <= 500,000 4 .80 $1,979,228.00
- --------------------------------------------------------------------------------
Total..... 5,094100.00% $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
GEOGRAPHIC DISTRIBUTION
- ---------------------------------------
Total
# % Current
State Loans Pool Balance
AL 39 .79 $1,949,274
AR 90 1.55 $3,835,018
AZ 29 .59 $1,467,403
CA 98 2.38 $5,864,697
CO 53 1.17 $2,884,104
CT 31 1.11 $2,750,871
DC 4 .10 $255,084
DE 4 .09 $227,541
FL 347 7.48 $18,463,835
GA 187 4.63 $11,431,757
IA 48 .81 $1,998,025
ID 11 .42 $1,031,250
IL 96 1.93 $4,777,465
IN 274 4.30 $10,619,504
KS 30 .80 $1,982,079
KY 105 1.83 $4,523,169
LA 628 10.42 $25,723,934
MA 22 .48 $1,179,008
MD 30 .88 $2,173,529
ME 20 .31 $775,141
MI 258 4.44 $10,972,592
MN 7 .11 $272,201
MO 115 1.99 $4,913,979
MS 311 5.32 $13,146,002
MT 3 .07 $162,162
NC 314 6.16 $15,207,685
NE 13 .22 $553,846
NH 24 .42 $1,045,882
NJ 85 3.86 $9,520,754
NM 33 .72 $1,783,754
NV 8 .19 $469,125
NY 235 5.32 $13,138,339
OH 355 6.31 $15,579,401
OK 133 2.19 $5,413,424
OR 14 .37 $918,264
PA 276 4.47 $11,025,327
RI 2 .01 $23,218
SC 215 4.03 $9,962,033
TN 276 5.98 $14,771,177
TX 18 .33 $822,295
UT 19 .38 $927,445
VA 53 1.44 $3,554,313
VT 19 .34 $846,821
WA 28 .99 $2,433,431
WI 62 .85 $2,106,842
WV 72 1.39 $3,436,662
- ---------------------------------------
Total.. 5,094 100.00% $246,919,663
=======================================
PROPERTY-TYPE
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Deminimus PUD 2 .06 $156,971.06
Duplex 228 4.28 $10,564,681.68
Triplex 26 .52 $1,286,314.92
Fourplex or Quadplex 17 .51 $1,249,674.67
RowHouse 96 1.30 $3,198,238.99
Modular Housing 8 .18 $454,921.24
Manufactured Housing 1 .01 $13,500.00
Man.House/Perm 13 .23 $560,148.20
Semi-Detached 4 .04 $94,125.00
PUD 5 .22 $551,300.89
Townhouses 22 .34 $831,601.58
Condominiums 92 2.15 $5,299,538.44
Single Family Detached 4,580 90.17 $222,658,646.09
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
OCCUPANCY
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Owner Occupied, 1st Mtg 3,974 86.07 $212,514,270.25
Part-Owner Occupied, 1s 1 .01 $13,536.68
Non-Owner Occupied, 1st 546 8.05 $19,869,772.29
Second Home, 1st Mtg 6 .31 $755,420.26
Owner Occupied, 2nd Mtg 552 5.09 $12,561,334.08
Multiple Properties, 1s 15 .49 $1,205,329.20
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
LOAN-PURPOSE
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Purchase 497 13.49 $33,299,078.26
Refinance 4,597 86.51 $213,620,584.50
- --------------------------------------------------------------------------------
Total..... 5,094 100.00% $246,919,662.76
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
- --------------------------------------------------------------------------------
- UCFC6D
- Cut Off Date of Tape is 12/1/96
- GROUP II - 6mo LIBOR
- $255,209,256.61
- --------------------------------------------------------------------------------
Number of Mortgage Loans: 2,799
Aggregate Unpaid Principal Balance: $255,209,256.61
Aggregate Original Principal Balance: $257,298,371.50
- --------------------------------------------------------------------------------
Weighted Average Coupon (Gross): 10.408%
Gross Coupon Range: 6.990% - 14.500%
Weighted Average Margin (Gross): 5.277%
Gross Margin Range: 1.500% - 9.750%
Weighted Average Life Cap (Gross): 15.892%
Gross Life Cap Range: 12.250% - 21.500%
Weighted Average Life Floor (Gross): 9.447%
Gross Life Floor Range: 3.000% - 14.500%
- --------------------------------------------------------------------------------
Average Unpaid Principal Balance: $91,178.73
Average Original Principal Balance: $91,925.11
Maximum Unpaid Principal Balance: $691,673.32
Minimum Unpaid Principal Balance: $1,279.59
Maximum Original Principal Balance: $700,000.00
Minimum Original Principal Balance: $10,500.00
Weighted Avg. Stated Rem. Term (LPD to Mat Date): 336.543
Stated Rem Term Range: 119.000 - 360.000
Weighted Avg. Amortized Rem. Term: 328.554
Amortized Rem Term Range: 119.004 - 361.257
Weighted Average Age (First Pay thru Last Pay): 11.919
Age Range: 0.000 - 227.000
Weighted Average Original Term: 348.462
Original Term Range: 120.000 - 360.000
Weighted Combined Note LTV: 76.369 ! EXCLUDES 0s
LTV Range: 12.00% - 99.800%
Weighted Average Periodic Interest Cap: 1.152%
Periodic Interest Cap Range: 1.000% - 3.000%
Weighted Average Months to Payment Roll: 6.677
Months to Payment Roll Range: 1 - 25
- --------------------------------------------------------------------------------
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
GROSS COUPON
- --------------------------------------------------------------------------------
Total
Gross # % Current
Coupon Loan Pool Balance
6.75% < Gross Coupon <= 7.00% 1 .03 $80,933.47
7.00% < Gross Coupon <= 7.25% 3 .17 $434,703.50
7.50% < Gross Coupon <= 7.75% 8 .45 $1,144,680.84
7.75% < Gross Coupon <= 8.00% 10 .47 $1,194,378.93
8.00% < Gross Coupon <= 8.25% 18 .88 $2,242,141.88
8.25% < Gross Coupon <= 8.50% 39 2.00 $5,109,593.88
8.50% < Gross Coupon <= 8.75% 46 1.99 $5,078,629.42
8.75% < Gross Coupon <= 9.00% 81 4.52 $11,540,913.30
9.00% < Gross Coupon <= 9.25% 80 4.18 $10,675,893.93
9.25% < Gross Coupon <= 9.50% 100 4.08 $10,402,852.54
9.50% < Gross Coupon <= 9.75% 131 6.04 $15,424,361.25
9.75% < Gross Coupon <= 10.00% 207 8.15 $20,789,125.55
10.00% < Gross Coupon <= 10.25% 286 9.95 $25,382,840.80
10.25% < Gross Coupon <= 10.50% 309 11.02 $28,126,018.11
10.50% < Gross Coupon <= 10.75% 346 10.98 $28,025,458.38
10.75% < Gross Coupon <= 11.00% 293 9.50 $24,235,775.72
11.00% < Gross Coupon <= 11.25% 250 7.77 $19,834,771.42
11.25% < Gross Coupon <= 11.50% 238 7.07 $18,043,694.02
11.50% < Gross Coupon <= 11.75% 101 3.24 $8,275,043.80
11.75% < Gross Coupon <= 12.00% 77 2.66 $6,781,292.66
12.00% < Gross Coupon <= 12.25% 69 2.25 $5,733,636.41
12.25% < Gross Coupon <= 12.50% 19 .48 $1,224,569.77
12.50% < Gross Coupon <= 12.75% 39 1.12 $2,851,698.82
12.75% < Gross Coupon <= 13.00% 34 .79 $2,021,787.06
13.00% < Gross Coupon <= 13.25% 2 .04 $97,939.03
13.25% < Gross Coupon <= 13.50% 5 .07 $167,622.09
13.75% < Gross Coupon <= 14.00% 3 .06 $146,043.39
14.00% < Gross Coupon <= 14.25% 2 .04 $95,173.97
14.25% < Gross Coupon <= 14.50% 2 .02 $47,682.67
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
GEOGRAPHIC DISTRIBUTION
- -----------------------------------------
Total
# % Current
State Loans Pool Balance
AL 1 .04 $94,500
AR 5 .11 $268,384
AZ 80 2.33 $5,954,458
CA 890 45.45 $115,993,770
CO 64 1.88 $4,804,336
CT 19 .75 $1,911,291
DC 9 .48 $1,230,974
DE 2 .05 $127,900
FL 89 2.80 $7,153,565
GA 36 .85 $2,164,357
HI 24 2.02 $5,145,086
IA 36 .77 $1,975,911
ID 16 .51 $1,296,908
IL 110 3.19 $8,142,529
IN 91 1.71 $4,376,054
KS 12 .24 $603,319
KY 51 1.20 $3,072,973
LA 25 .67 $1,703,615
MA 20 .83 $2,117,427
MD 19 .73 $1,873,772
ME 25 .75 $1,915,241
MI 114 2.43 $6,195,326
MN 52 1.01 $2,587,889
MO 36 .64 $1,642,560
MS 15 .36 $918,564
MT 3 .11 $272,705
NC 60 1.66 $4,229,274
NE 8 .24 $599,769
NH 14 .34 $869,832
NJ 27 1.18 $3,007,154
NM 14 .55 $1,414,609
NV 20 .73 $1,855,341
NY 48 1.33 $3,403,228
OH 165 3.77 $9,617,234
OK 43 1.05 $2,679,211
OR 96 3.28 $8,361,415
PA 102 2.42 $6,169,809
RI 7 .24 $619,156
SC 13 .32 $821,461
TN 68 1.68 $4,288,603
TX 34 1.05 $2,667,529
UT 47 1.58 $4,019,993
VA 32 1.26 $3,227,168
VT 8 .22 $567,112
WA 115 4.40 $11,221,137
WI 23 .57 $1,448,218
WV 10 .20 $519,500
WY 1 .02 $59,091
- ------------------------------------------
Total.. 2,799 100.00 $255,209,257
==========================================
PROPERTY-TYPE
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Deminimus PUD 1 .04 $108,000.00
Duplex 54 1.54 $3,923,746.23
Triplex 6 .26 $660,127.78
Fourplex or Quadplex 5 .17 $443,552.11
RowHouse 16 .37 $937,288.75
Modular Housing 3 .07 $181,830.13
Semi-Detached 7 .15 $370,209.23
PUD 149 5.69 $14,513,016.14
Townhouses 5 .37 $932,424.34
Condominiums 107 3.45 $8,792,529.14
Single Family Detached 2,446 87.91 $224,346,532.76
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
ORIGINAL MATURITY
- --------------------------------------------------------------------------------
Total
Original # % Current
Maturity Loan Pool Balance
110 < Original Maturity <= 120 13 .14 $359,716.99
130 < Original Maturity <= 140 1 .03 $82,700.00
170 < Original Maturity <= 180 265 4.65 $11,864,601.83
230 < Original Maturity <= 240 102 2.20 $5,624,457.06
260 < Original Maturity <= 270 1 .02 $56,538.86
290 < Original Maturity <= 300 7 .13 $323,154.70
310 < Original Maturity <= 320 1 .03 $85,900.00
350 < Original Maturity <= 360 2,409 92.79 $236,812,187.17
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
LOAN-PURPOSE
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Purchase 498 22.18 $56,612,986.61
Refinance 2,301 77.82 $198,596,270.00
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
OCCUPANCY
- --------------------------------------------------------------------------------
Total
# % Current
Loan Pool Balance
Owner Occupied, 1st Mtg 2,509 92.51 $236,093,882.61
Non-Owner Occupied, 1st 290 7.49 $19,115,374.00
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
ORIGINAL MORTGAGE AMOUNT
- --------------------------------------------------------------------------------
Total
Original # % Current
Mortgage Amt. Loan Pool Balance
Balance <= 25,000 112 .88 $2,239,625.75
25,000 < Balance <= 50,000 650 9.74 $24,854,097.04
50,000 < Balance <= 75,000 682 16.52 $42,153,377.32
75,000 < Balance <= 100,000 439 14.87 $37,956,555.86
100,000 < Balance <= 150,000 515 24.38 $62,225,472.13
150,000 < Balance <= 207,000 236 15.91 $40,612,999.81
207,000 < Balance <= 250,000 79 6.98 $17,809,022.70
250,000 < Balance <= 300,000 44 4.74 $12,098,077.75
300,000 < Balance <= 350,000 24 3.00 $7,657,342.10
350,000 < Balance <= 400,000 11 1.63 $4,157,060.58
400,000 < Balance <= 450,000 3 .51 $1,299,301.82
450,000 < Balance <= 500,000 3 .57 $1,454,650.43
600,000 < Balance <= 750,000 1 .27 $691,673.32
- --------------------------------------------------------------------------------
Total..... 2,799100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
CURRENT MORTGAGE AMOUNT
- --------------------------------------------------------------------------------
Total
Current # % Current
Mortgage Amt. Loan Pool Balance
Balance <= 25,000 116 .91 $2,313,263.16
25,000 < Balance <= 50,000 654 9.84 $25,107,729.05
50,000 < Balance <= 75,000 677 16.45 $41,976,750.67
75,000 < Balance <= 100,000 442 15.01 $38,301,969.32
100,000 < Balance <= 150,000 517 24.65 $62,921,133.02
150,000 < Balance <= 200,000 218 14.65 $37,379,099.81
200,000 < Balance <= 250,000 90 7.88 $20,097,781.90
250,000 < Balance <= 300,000 46 4.99 $12,740,743.14
300,000 < Balance <= 350,000 21 2.65 $6,768,100.39
350,000 < Balance <= 400,000 11 1.63 $4,157,060.58
400,000 < Balance <= 450,000 3 .51 $1,299,301.82
450,000 < Balance <= 500,000 3 .57 $1,454,650.43
600,000 < Balance <= 750,000 1 .27 $691,673.32
- --------------------------------------------------------------------------------
Total..... 2,799100.00% $255,209,256.61
================================================================================
GROSS MARGIN
- --------------------------------------------------------------------------------
Total
Gross # % Current
Margin Loan Pool Balance
1.25% < Gross Margin <= 1.50% 1 .01 $29,550.54
2.75% < Gross Margin <= 3.00% 8 .26 $655,227.00
3.00% < Gross Margin <= 3.25% 13 .60 $1,523,228.78
3.25% < Gross Margin <= 3.50% 25 1.24 $3,174,711.06
3.50% < Gross Margin <= 3.75% 24 1.12 $2,852,207.74
3.75% < Gross Margin <= 4.00% 47 2.24 $5,721,196.54
4.00% < Gross Margin <= 4.25% 102 3.51 $8,947,401.29
4.25% < Gross Margin <= 4.50% 299 11.64 $29,711,522.76
4.50% < Gross Margin <= 4.75% 180 8.25 $21,045,109.90
4.75% < Gross Margin <= 5.00% 261 9.62 $24,557,440.05
5.00% < Gross Margin <= 5.25% 496 16.40 $41,863,368.62
5.25% < Gross Margin <= 5.50% 305 12.95 $33,039,520.90
5.50% < Gross Margin <= 5.75% 262 8.68 $22,144,020.24
5.75% < Gross Margin <= 6.00% 374 10.38 $26,493,378.65
6.00% < Gross Margin <= 7.00% 317 10.82 $27,624,507.03
7.00% < Gross Margin <= 8.00% 80 2.13 $5,441,252.05
8.00% < Gross Margin <= 9.00% 4 .14 $354,860.57
9.00% < Gross Margin <= 10.00% 1 .01 $30,752.89
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Gross Life Cap
- --------------------------------------------------------------------------------
Total
Gross # % Current
Life Cap Loan Pool Balance
12.00% < Gross Life Cap <= 12.25 1 .03 $85,334.18
12.25% < Gross Life Cap <= 12.50 2 .26 $653,695.30
12.50% < Gross Life Cap <= 12.75 23 1.30 $3,324,405.76
12.75% < Gross Life Cap <= 13.00 14 .56 $1,428,088.72
13.00% < Gross Life Cap <= 13.25 14 .66 $1,689,460.70
13.25% < Gross Life Cap <= 13.50 36 1.98 $5,054,355.73
13.50% < Gross Life Cap <= 13.75 26 1.14 $2,914,562.99
13.75% < Gross Life Cap <= 14.00 43 1.90 $4,845,969.22
14.00% < Gross Life Cap <= 14.25 52 2.35 $5,992,885.93
14.25% < Gross Life Cap <= 14.50 93 4.67 $11,910,305.74
14.50% < Gross Life Cap <= 14.75 86 4.18 $10,667,036.31
14.75% < Gross Life Cap <= 15.00 133 6.65 $16,971,359.02
15.00% < Gross Life Cap <= 15.25 108 5.36 $13,684,714.47
15.25% < Gross Life Cap <= 15.50 131 5.58 $14,239,123.85
15.50% < Gross Life Cap <= 15.75 184 8.02 $20,468,361.22
15.75% < Gross Life Cap <= 16.00 202 8.20 $20,929,005.76
16.00% < Gross Life Cap <= 16.25 265 8.39 $21,419,728.60
16.25% < Gross Life Cap <= 16.50 243 7.80 $19,903,319.73
16.50% < Gross Life Cap <= 16.75 290 8.05 $20,550,227.89
16.75% < Gross Life Cap <= 17.00 262 7.93 $20,232,470.36
17.00% < Gross Life Cap <= 17.25 142 3.40 $8,668,325.64
17.25% < Gross Life Cap <= 17.50 201 4.80 $12,243,924.59
17.50% < Gross Life Cap <= 17.75 51 1.43 $3,651,365.39
17.75% < Gross Life Cap <= 18.00 48 1.70 $4,348,998.77
18.00% < Gross Life Cap <= 18.25 27 .82 $2,101,789.91
18.25% < Gross Life Cap <= 18.50 31 .77 $1,957,352.39
18.50% < Gross Life Cap <= 18.75 19 .43 $1,092,370.85
18.75% < Gross Life Cap <= 19.00 20 .59 $1,512,582.24
19.00% < Gross Life Cap <= 19.25 18 .45 $1,150,247.26
19.25% < Gross Life Cap <= 19.50 9 .18 $462,218.82
19.50% < Gross Life Cap <= 19.75 8 .16 $415,765.19
19.75% < Gross Life Cap <= 20.00 6 .09 $219,445.34
20.00% < Gross Life Cap <= 20.25 1 .02 $54,318.08
20.25% < Gross Life Cap <= 20.50 4 .05 $136,869.20
20.50% < Gross Life Cap <= 20.75 1 .01 $35,545.40
20.75% < Gross Life Cap <= 21.00 3 .06 $146,043.39
21.00% < Gross Life Cap <= 22.00 2 .02 $47,682.67
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
Gross Life Floor
- --------------------------------------------------------------------------------
Total
Gross # % Current
Life Floor Loan Pool Balance
2.50% < Life Floor <= 3.00% 1 .03 $77,993.57
3.00% < Life Floor <= 3.50% 11 .53 $1,341,589.61
3.50% < Life Floor <= 4.00% 3 .09 $221,376.62
4.25% < Life Floor <= 4.50% 1 .12 $305,515.94
4.50% < Life Floor <= 4.75% 1 .04 $96,319.75
5.00% < Life Floor <= 5.25% 4 .13 $337,858.43
5.50% < Life Floor <= 5.75% 4 .18 $463,839.74
5.75% < Life Floor <= 6.00% 2 .04 $109,811.62
6.00% < Life Floor <= 6.25% 2 .10 $247,994.76
6.25% < Life Floor <= 6.50% 8 .42 $1,063,732.69
6.50% < Life Floor <= 6.75% 28 1.59 $4,055,165.98
6.75% < Life Floor <= 7.00% 28 1.10 $2,800,535.44
7.00% < Life Floor <= 7.25% 21 .88 $2,249,921.64
7.25% < Life Floor <= 7.50% 63 3.11 $7,931,456.26
7.50% < Life Floor <= 7.75% 61 2.83 $7,214,762.63
7.75% < Life Floor <= 8.00% 83 3.98 $10,148,721.37
8.00% < Life Floor <= 8.25% 88 4.05 $10,340,697.01
8.25% < Life Floor <= 8.50% 110 5.20 $13,270,477.30
8.50% < Life Floor <= 8.75% 134 6.05 $15,432,356.63
8.75% < Life Floor <= 9.00% 160 7.68 $19,593,524.96
9.00% < Life Floor <= 9.25% 111 5.08 $12,961,628.91
9.25% < Life Floor <= 9.50% 143 5.29 $13,503,533.70
9.50% < Life Floor <= 9.75% 162 6.63 $16,932,150.81
9.75% < Life Floor <= 10.00% 248 9.58 $24,453,081.29
10.00% < Life Floor <= 10.25% 250 7.34 $18,740,656.45
10.25% < Life Floor <= 10.50% 219 6.64 $16,938,363.23
10.50% < Life Floor <= 10.75% 254 6.64 $16,940,144.70
10.75% < Life Floor <= 11.00% 184 4.79 $12,229,664.99
11.00% < Life Floor <= 11.25% 125 2.93 $7,483,753.26
11.25% < Life Floor <= 11.50% 169 4.06 $10,364,199.57
11.50% < Life Floor <= 11.75% 25 .74 $1,887,440.02
11.75% < Life Floor <= 12.00% 24 .69 $1,761,972.77
12.00% < Life Floor <= 12.25% 31 .70 $1,788,001.86
12.25% < Life Floor <= 12.50% 10 .23 $576,070.11
12.50% < Life Floor <= 12.75% 12 .25 $648,448.01
12.75% < Life Floor <= 13.00% 8 .11 $276,036.24
13.00% < Life Floor <= 13.25% 1 .02 $54,318.08
13.25% < Life Floor <= 13.50% 4 .05 $136,869.20
13.75% < Life Floor <= 14.00% 3 .06 $146,043.39
14.00% < Life Floor <= 14.25% 1 .01 $35,545.40
14.25% < Life Floor <= 14.50% 2 .02 $47,682.67
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
REMAINING TERM
- --------------------------------------------------------------------------------
Total
# % Current
Remaining Term Loan Pool Balance
108 < Rem Term <= 120 13 .14 $359,716.99
120 < Rem Term <= 132 1 .03 $82,700.00
132 < Rem Term <= 144 1 .00 $1,279.59
144 < Rem Term <= 156 2 .03 $72,987.64
156 < Rem Term <= 168 48 .87 $2,215,661.99
168 < Rem Term <= 180 216 3.76 $9,607,871.64
192 < Rem Term <= 204 2 .05 $122,620.09
216 < Rem Term <= 228 6 .14 $363,175.10
228 < Rem Term <= 240 96 2.06 $5,249,384.47
252 < Rem Term <= 264 1 .02 $56,538.86
264 < Rem Term <= 276 1 .04 $98,996.60
276 < Rem Term <= 288 1 .03 $82,440.33
288 < Rem Term <= 300 6 .12 $294,105.67
300 < Rem Term <= 312 3 .11 $269,119.32
312 < Rem Term <= 324 4 .15 $394,660.02
324 < Rem Term <= 336 232 10.54 $26,907,421.52
336 < Rem Term <= 348 1,152 44.49 $113,530,837.50
348 < Rem Term <= 360 1,014 37.42 $95,499,739.28
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
<PAGE>
UCFC Loan Trust 1996-D - Home Equity Loan Pass-Through Certificates
LOAN AGE IN MONTHS
- --------------------------------------------------------------------------------
Total
# % Current
Age of Loan Loan Pool Balance
0 = Age 763 23.05 $58,826,395.82
0 < Age <= 12 595 21.07 $53,762,706.64
12 < Age <= 24 1,216 45.77 $116,813,810.53
24 < Age <= 36 215 9.89 $25,239,629.72
36 < Age <= 48 3 .07 $169,823.90
48 < Age <= 60 1 .03 $71,531.44
60 < Age <= 72 1 .01 $29,049.03
72 < Age <= 84 1 .03 $82,440.33
84 < Age <= 96 1 .04 $98,996.60
156 < Age <= 168 1 .03 $81,673.57
192 < Age <= 204 1 .01 $31,919.44
216 < Age <= 228 1 .00 $1,279.59
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
ORIGINATION YEAR
- --------------------------------------------------------------------------------
Total
Year of # % Current
Origination Loan Pool Balance
1993 26 1.41 $3,591,824.73
1994 315 14.44 $36,845,592.86
1995 1,120 41.29 $105,379,702.18
1996 1,338 42.86 $109,392,136.84
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
COMBINED LTV RANGE
- --------------------------------------------------------------------------------
Total
LTV # % Current
RANGE Loan Pool Balance
LTV = 0.000 ** 7 .33 $837,077.39
10.000 < LTV <= 15.000 2 .02 $52,046.23
15.000 < LTV <= 20.000 6 .07 $185,385.03
20.000 < LTV <= 25.000 7 .09 $240,169.48
25.000 < LTV <= 30.000 13 .22 $563,074.98
30.000 < LTV <= 35.000 25 .51 $1,313,399.67
35.000 < LTV <= 40.000 24 .41 $1,052,715.75
40.000 < LTV <= 45.000 30 .70 $1,780,472.57
45.000 < LTV <= 50.000 58 1.36 $3,458,464.43
50.000 < LTV <= 55.000 62 2.02 $5,149,732.54
55.000 < LTV <= 60.000 119 3.42 $8,724,441.48
60.000 < LTV <= 65.000 245 8.03 $20,504,808.97
65.000 < LTV <= 70.000 375 12.24 $31,243,608.06
70.000 < LTV <= 75.000 446 17.68 $45,116,309.05
75.000 < LTV <= 80.000 387 16.26 $41,507,028.66
80.000 < LTV <= 85.000 363 14.40 $36,747,269.30
85.000 < LTV <= 90.000 419 16.30 $41,609,215.68
90.000 < LTV <= 95.000 122 3.50 $8,944,408.61
95.000 < LTV <= 100.000 89 2.42 $6,179,628.73
- --------------------------------------------------------------------------------
Total..... 2,799 100.00% $255,209,256.61
================================================================================
** MISSING INFO
THIS COLLATERAL TERMSHEET SUPERSEDES ANY PREVIOUS COLLATERAL TERMSHEETS,
AND WILL BE SUPERSEDED BY THE COLLATERAL INFORMATION IN THE PROSPECTUS
SUPPLEMENT.
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH
A DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED
FINANCIAL ADVISOR IMMEDIATELY.
