<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) March 26, 1997
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 1997-A1 and 1997-A2.
In connection with the offering of the Home Equity Loan Pass-Through
Certificates, Series 1997-A1 and 1997-A2, 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 March 25, 1997, of UCFC Acceptance
Corporation, relating to its Home Equity Loan Pass-Through Certificates,
Series 1997-A1 and 1997-A2.
-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: March 26, 1997
-4-
<PAGE>
EXHIBIT INDEX
Exhibit Page
- ------- ----
23.1. Consent of Coopers & Lybrand L.L.P.
99.1 Computational Materials.
-5-
<PAGE>
EXHIBIT 23.1
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 each of the three years in the period 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.
March 25, 1997
New York, New York
<PAGE>
PRELIMINARY
BACKGROUND INFORMATION
UCFC LOAN TRUST 1997-A
APPROXIMATE CLASS SIZES
[$119,935,000] Class A-1 FLOATING-RATE CERTIFICATES
(non-SMMEA-eligible)
[$56,247,000] Class A-2 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$60,615,000] Class A-3 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$27,799,000] Class A-4 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$29,799,000] Class A-5 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$20,286,000] Class A-6 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$22,819,000] Class A-7 FIXED-RATE CERTIFICATES
(non-SMMEA-eligible)
[$37,500,000] Class A-8 FIXED-RATE CERTIFICATES
Non-Accelerated Senior Bond
(non-SMMEA-eligible)
[$175,000,000] Class A-9 FLOATING-RATE CERTIFICATES
(non-SMMEA-eligible)
HOME EQUITY LOAN PASS-THROUGH CERTIFICATES, SERIES 1997-A
The information included herein is provided solely by Prudential Securities
Incorporated ("PSI") as underwriter for the UCFC 1997-A 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 1997-A - Home Equity Loan Pass-Through Certificates
<TABLE>
<CAPTION>
PRICING INFORMATION
----------------------------------
GROUP I FIXED-RATE COLLATERAL
Class: A-1 A-2 A-3 A-4 A-5
<S> <C> <C> <C> <C> <C>
Approximate
Face Amount: [119,935,000] [56,247,000] [60,615,000] [27,799,000] [29,799,000]
Coupon: 1M LIBOR + TBD * TBD TBD TBD TBD
Price: TBD TBD TBD TBD TBD
Yield: TBD TBD TBD TBD TBD
Spread: TBD TBD TBD TBD TBD
Exp Avg Life
to Maturity: [0.90] yrs [2.00] yrs [3.00] yrs [4.10] yrs [5.20] yrs
Exp 1st Prin Pmt: [04/15/97 11/15/98 09/15/99 12/15/00 10/15/01]
Exp Mat: [11/15/98 09/15/99 12/15/00 10/15/01 04/15/03]
Stated Mat: [TBD TBD TBD TBD TBD ]
Expected
Rating: 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
Pricing Date: TBD TBD TBD TBD TBD
Investor
Settle Date: [03/31/97] [03/31/97] [03/31/97] [03/31/97] [03/31/97]
Pmt Delay: 0 days 14 days 14 days 14 days 14 days
Cut-off Date: 03/01/97 03/01/97 03/01/97 03/01/97 03/01/97
Dated Date: 03/27/97 03/01/97 03/01/97 03/01/97 03/01/97
Int Pmt: actual/360 30/360 30/360 30/360 30/360
Pmt Terms: Monthly Monthly Monthly Monthly Monthly
1st Int. Pmt Date: 04/15/97 04/15/97 04/15/97 04/15/97 04/15/97
Collateral Type: Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate Fixed-Rate
SMMEA
Eligibility: non-SMMEA non-SMMEA non-SMMEA non-SMMEA non-SMMEA
- --------------------------------------------------------------------------------------------------------
</TABLE>
* The Coupon on the Class A-1 Certificates will equal the lessor 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 less [0.64625]% for
servicing fees, trustee fees and certificate insurer
premiums) for the Group I fixed-rate collateral for
such Distribution Date.
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 1997-A - Home Equity Loan Pass-Through Certificates
PRICING INFORMATION
----------------------------------
GROUP I FIXED-RATE COLLATERAL (Cont.)
Class: A-6 A-7 A-8
(NAS BOND)
Approximate
Face Amount: [20,286,000] [22,819,000] [37,500,000]
Coupon: TBD TBD TBD
Price: TBD TBD TBD
Yield: TBD TBD TBD
Spread: TBD TBD TBD
Exp Avg Life
to Maturity: [7.20] yrs [11.66] yrs [6.33] yrs
Exp Avg Life
to 10% call: [6.99] yrs [7.71] yrs [6.14] yrs
Exp 1st Prin Pmt: [04/15/03 12/15/05 04/15/00]
Exp Mat: [12/15/05 12/15/26 11/15/21]
Stated Mat: [ TBD TBD TBD ]
Expected
Rating: AAA/Aaa/AAA AAA/Aaa/AAA AAA/Aaa/AAA
Pricing Speed: [25]% HEP [25]% HEP [25]% HEP
Pricing Date: TBD TBD TBD
Investor
Settle Date: [03/31/97] [03/31/97] [03/31/97]
Pmt Delay: 14 days 14 days 14 days
Cut-off Date: 03/01/97 03/01/97 03/01/97
Dated Date: 03/01/97 03/01/97 03/01/97
Int Pmt: 30/360 30/360 30/360
Pmt Terms: Monthly Monthly Monthly
1st Int. Pmt Date: 04/15/97 04/15/97 04/15/97
Collateral Type: Fixed-Rate Fixed-Rate Fixed-Rate
SMMEA
Eligibility: non-SMMEA non-SMMEA non-SMMEA
- -------------------------------------------------------------------------
Group I Principal Paydown: 1) To the Class A-8 Certificateholders -- the
Class A-8 Principal Distribution Amount
2) To the Class A-1 through A-7 Certificates, in
sequential order
Class A-9 Principal
Disbribution Amount: The applicable Class A-8 Principal Percentage
multiplied by the Class A-8 Principal Pro Rata
Distribution Amount for such Payment Date.
THE CLASS A-8 PRINCIPAL PERCENTAGE
--------------------------------
April 1997 to March 2000 ==> 0%
April 2000 to March 2002 ==> 45%
April 2002 to March 2003 ==> 80%
April 2003 to March 2004 ==> 100%
April 2004 and after ==> 300%
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 1997-A - Home Equity Loan Pass-Through Certificates
PRICING INFORMATION (CONT.)
---------------------------------------
GROUP II FLOATING RATE COLLATERAL
Class: A-9
Approximate
Face Amount: [175,000,000]
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: TBD
Yield: Variable
Spread: n/a
Index: 1 Month LIBOR
Disc. Margin: [TBD] bps
Life Cap: [15.785%]
Avg Life to Call: [2.82] yrs
Avg Life to Maturity: [3.12] yrs
Exp. 1st Prin Payment: [04/15/97]
Exp Mat to Call: [05/15/04]
Exp Mat: [03/15/27]
Expected
Rating: AAA/Aaa/AAA
Pricing Spd: [27]% CPR
Pricing Date: TBD
Investor
Settle Date: [03/31/97]
Pymt Delay: 0 days
Cut-off Date: 03/01/97
Stated Mat: [TBD]
Dated Date: [03/27/97]
Int Pymt: actual/360
Pymt Terms: Monthly
1st Int. Pymt Date: 04/15/97
Principal Paydown: All Group II principal is passed through
to Class A-9.
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 1997-A - 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: [ 15.785 ]%
Less Surety carveout [ 0.500 ]% *
Less Servicing [ 0.500 ]%
Less Fees [ 0.14625 ]%
----------
[ 14.63875 ]%
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)
GRP II NET
DATE FUNDS CAP
- ---------------
04/97 8.255
05/97 8.801
06/97 9.173
07/97 9.173
08/97 9.205
09/97 9.205
10/97 9.336
11/97 9.703
12/97 9.848
01/98 9.848
02/98 9.859
03/98 9.859
04/98 9.426
05/98 9.455
06/98 9.455
07/98 9.455
08/98 9.455
09/98 9.455
10/98 9.455
11/98 9.455
12/98 9.455
01/99 9.509
02/99 9.620
03/99 9.798
04/99 9.916
05/99 9.960
06/99 9.960
07/99 9.960
08/99 9.960
09/99 9.960
10/99 9.960
11/99 9.960
12/99 9.960
01/00 9.960
02/00 9.961
03/00 9.961
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 1997-A - Home Equity Loan Pass-Through Certificates
SUMMARY OF TERMS
--------------------------
Title of Securities: UCFC Loan Trust 1997-A1, Home Equity Loan Pass-Through
Certificates, Series 1997-A1, Class A-1, A-2, A-3, A-4,
A-5, A-6, A-7 and A-8 (the "Group I Certificates") UCFC
Loan Trust 1997-A2, Home Equity Loan Pass-Through
Certificates, Series 1997-A2, Class A-9 (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) $[375,000,000]
Group II Floating-Rate (non-SMMEA) $[175,000,000]
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: [03/31/97]
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
TBD % on Class A-8 Certificates
1-Month LIBOR + TBD bps on Class A-9 Certificates *
* Subject to the Net Funds Cap for their respective
Loan Groups.
Prepayment
Assumption: For Class A-1 through A-8, [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-9, 27% CPR.
Payment Date: The 15th day of each month (or, if any such date is not
a business day, the first business day thereafter)
commencing in April 1997. The payment delay will be
zero days for the Class A-1 and Class A-9 Certificates
and 14 days for the Class A-2, A-3, A-4, A-5, A-6, A-7
and A-8 Certificates.
Interest Accrual
Period: The initial interest accrual period on the Class A-1
and A-9 Certificates will be from March [27th] until
April 14th. In future periods, interest on the Class
A-1 and A-9 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-8 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 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-9 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 1997-A - Home Equity Loan Pass-Through Certificates
Pre-Funding Account: On the closing date, approximately [$91,990,000] and
[$41,490,000] will be deposited in pre-funding accounts
for the purchase of additional fixed- and floating-rate
mortgage loans, respectively. From the closing date
until May 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-9 Certificates as prepayments on May 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-8
Certificates in the case of the fixed-rate prefunding
account and to the investors in the Class A-9
Certificates in the case of the floating-rate
prefunding account as a prepayment on May 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, A-8 and
A-9 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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $119,935,000.00 DATED DATE: 03/27/97
CURRENT COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $119,935,000.00 BOND A1 DISCOUNT MARGIN ACT/360 TABLE YIELD TABLE DATE: 03/31/97
ASSUMED CONSTANT LIBOR-1M 5.5000
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 36.198 27.683 30.393 32.962 36.198 38.485 40.688 42.785
99-24+ 34.432 26.450 28.991 31.398 34.432 36.576 38.641 40.606
99-25 32.666 25.218 27.589 29.835 32.666 34.667 36.594 38.428
99-25+ 30.901 23.985 26.187 28.273 30.901 32.758 34.548 36.250
99-26 29.136 22.753 24.785 26.710 29.136 30.850 32.502 34.073
99-26+ 27.371 21.522 23.384 25.148 27.371 28.942 30.456 31.896
99-27 25.607 20.290 21.982 23.586 25.607 27.035 28.411 29.720
99-27+ 23.843 19.059 20.582 22.025 23.843 25.128 26.366 27.544
99-28 22.079 17.828 19.181 20.463 22.079 23.221 24.321 25.368
99-28+ 20.316 16.597 17.781 18.903 20.316 21.315 22.277 23.193
99-29 18.553 15.366 16.381 17.342 18.553 19.409 20.234 21.018
99-29+ 16.791 14.136 14.981 15.782 16.791 17.504 18.191 18.844
99-30 15.029 12.906 13.582 14.222 15.029 15.599 16.148 16.670
99-30+ 13.267 11.676 12.183 12.662 13.267 13.694 14.106 14.497
99-31 11.505 10.447 10.784 11.103 11.505 11.790 12.064 12.324
99-31+ 9.744 9.218 9.385 9.544 9.744 9.886 10.022 10.152
100-00 7.984 7.989 7.987 7.986 7.984 7.982 7.981 7.980
100-00+ 6.223 6.760 6.589 6.427 6.223 6.079 5.941 5.809
100-01 4.464 5.532 5.192 4.869 4.464 4.177 3.900 3.637
100-01+ 2.704 4.303 3.794 3.312 2.704 2.274 1.861 1.467
First Payment 0.042 0.042 0.042 0.042 0.042 0.042 0.042 0.042
Average Life 0.904 1.315 1.149 1.026 0.904 0.834 0.776 0.728
Last Payment 1.625 2.458 2.125 1.875 1.625 1.458 1.375 1.208
Mod.Dur. @ 100-00 0.854 1.223 1.075 0.964 0.854 0.790 0.736 0.692
</TABLE>
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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $56,247,000.00 DATED DATE: 03/01/97
COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $56,247,000.00 BOND A2 PRICE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
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 6.753 6.758 6.757 6.755 6.753 6.751 6.750 6.748
99-24+ 6.744 6.752 6.750 6.747 6.744 6.742 6.739 6.737
99-25 6.736 6.747 6.743 6.740 6.736 6.732 6.729 6.726
99-25+ 6.727 6.741 6.737 6.733 6.727 6.723 6.719 6.715
99-26 6.718 6.735 6.730 6.725 6.718 6.713 6.709 6.704
99-26+ 6.710 6.730 6.724 6.718 6.710 6.704 6.698 6.693
99-27 6.701 6.724 6.717 6.710 6.701 6.695 6.688 6.681
99-27+ 6.693 6.718 6.711 6.703 6.693 6.685 6.678 6.670
99-28 6.684 6.713 6.704 6.695 6.684 6.676 6.667 6.659
99-28+ 6.675 6.707 6.697 6.688 6.675 6.666 6.657 6.648
99-29 6.667 6.701 6.691 6.680 6.667 6.657 6.647 6.637
99-29+ 6.658 6.696 6.684 6.673 6.658 6.647 6.637 6.626
99-30 6.650 6.690 6.678 6.666 6.650 6.638 6.626 6.615
99-30+ 6.641 6.685 6.671 6.658 6.641 6.628 6.616 6.604
99-31 6.632 6.679 6.665 6.651 6.632 6.619 6.606 6.593
99-31+ 6.624 6.673 6.658 6.643 6.624 6.610 6.595 6.581
100-00 6.615 6.668 6.651 6.636 6.615 6.600 6.585 6.570
100-00+ 6.607 6.662 6.645 6.628 6.607 6.591 6.575 6.559
100-01 6.598 6.656 6.638 6.621 6.598 6.581 6.565 6.548
100-01+ 6.590 6.651 6.632 6.614 6.590 6.572 6.554 6.537
100-02 6.581 6.645 6.625 6.606 6.581 6.562 6.544 6.526
100-02+ 6.572 6.639 6.619 6.599 6.572 6.553 6.534 6.515
100-03 6.564 6.634 6.612 6.591 6.564 6.544 6.524 6.504
100-03+ 6.555 6.628 6.606 6.584 6.555 6.534 6.513 6.493
100-04 6.547 6.622 6.599 6.576 6.547 6.525 6.503 6.482
100-04+ 6.538 6.617 6.593 6.569 6.538 6.515 6.493 6.471
100-05 6.530 6.611 6.586 6.562 6.530 6.506 6.483 6.460
100-05+ 6.521 6.605 6.579 6.554 6.521 6.497 6.472 6.448
100-06 6.513 6.600 6.573 6.547 6.513 6.487 6.462 6.437
100-06+ 6.504 6.594 6.566 6.539 6.504 6.478 6.452 6.426
100-07 6.495 6.588 6.560 6.532 6.495 6.468 6.442 6.415
100-07+ 6.487 6.583 6.553 6.525 6.487 6.459 6.431 6.404
First Payment 1.625 2.458 2.125 1.875 1.625 1.458 1.375 1.208
Average Life 2.000 3.152 2.677 2.335 2.000 1.808 1.652 1.521
Last Payment 2.458 3.875 3.292 2.875 2.458 2.208 1.958 1.792
Mod.Dur. @ 100-00 1.811 2.748 2.371 2.091 1.811 1.648 1.513 1.400
</TABLE>
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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $60,615,000.00 DATED DATE: 03/01/97
COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $60,615,000.00 BOND A3 PRICE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
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 6.986 6.991 6.989 6.988 6.986 6.984 6.983 6.981
99-24+ 6.980 6.987 6.985 6.983 6.980 6.978 6.975 6.973
99-25 6.974 6.983 6.980 6.978 6.974 6.971 6.968 6.965
99-25+ 6.968 6.979 6.976 6.973 6.968 6.964 6.961 6.958
99-26 6.962 6.975 6.971 6.967 6.962 6.958 6.954 6.950
99-26+ 6.956 6.972 6.967 6.962 6.956 6.951 6.947 6.942
99-27 6.950 6.968 6.963 6.957 6.950 6.945 6.939 6.934
99-27+ 6.944 6.964 6.958 6.952 6.944 6.938 6.932 6.926
99-28 6.938 6.960 6.954 6.947 6.938 6.931 6.925 6.918
99-28+ 6.932 6.956 6.949 6.942 6.932 6.925 6.918 6.911
99-29 6.926 6.952 6.945 6.937 6.926 6.918 6.910 6.903
99-29+ 6.920 6.949 6.940 6.932 6.920 6.912 6.903 6.895
99-30 6.914 6.945 6.936 6.927 6.914 6.905 6.896 6.887
99-30+ 6.908 6.941 6.931 6.922 6.908 6.899 6.889 6.879
99-31 6.902 6.937 6.927 6.917 6.902 6.892 6.882 6.871
99-31+ 6.897 6.933 6.922 6.911 6.897 6.885 6.874 6.864
100-00 6.891 6.929 6.918 6.906 6.891 6.879 6.867 6.856
100-00+ 6.885 6.926 6.914 6.901 6.885 6.872 6.860 6.848
100-01 6.879 6.922 6.909 6.896 6.879 6.866 6.853 6.840
100-01+ 6.873 6.918 6.905 6.891 6.873 6.859 6.846 6.832
100-02 6.867 6.914 6.900 6.886 6.867 6.853 6.838 6.824
100-02+ 6.861 6.910 6.896 6.881 6.861 6.846 6.831 6.817
100-03 6.855 6.906 6.891 6.876 6.855 6.839 6.824 6.809
100-03+ 6.849 6.903 6.887 6.871 6.849 6.833 6.817 6.801
100-04 6.843 6.899 6.882 6.866 6.843 6.826 6.810 6.793
100-04+ 6.837 6.895 6.878 6.861 6.837 6.820 6.803 6.785
100-05 6.831 6.891 6.874 6.856 6.831 6.813 6.795 6.778
100-05+ 6.825 6.887 6.869 6.851 6.825 6.807 6.788 6.770
100-06 6.819 6.884 6.865 6.845 6.819 6.800 6.781 6.762
100-06+ 6.814 6.880 6.860 6.840 6.814 6.793 6.774 6.754
100-07 6.808 6.876 6.856 6.835 6.808 6.787 6.767 6.746
100-07+ 6.802 6.872 6.851 6.830 6.802 6.780 6.759 6.739
First Payment 2.458 3.875 3.292 2.875 2.458 2.208 1.958 1.792
Average Life 3.000 4.962 4.160 3.573 3.000 2.679 2.425 2.216
Last Payment 3.708 6.208 5.125 4.458 3.708 3.292 2.958 2.625
Mod.Dur. @ 100-00 2.618 4.055 3.491 3.058 2.618 2.363 2.158 1.986
</TABLE>
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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $27,799,000.00 DATED DATE: 03/01/97
COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $27,799,000.00 BOND A4 PRICE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
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 7.160 7.165 7.163 7.162 7.160 7.158 7.157 7.155
99-24+ 7.155 7.162 7.160 7.158 7.155 7.153 7.151 7.149
99-25 7.151 7.159 7.156 7.154 7.151 7.148 7.146 7.143
99-25+ 7.146 7.156 7.153 7.150 7.146 7.143 7.140 7.137
99-26 7.142 7.153 7.150 7.146 7.142 7.138 7.134 7.131
99-26+ 7.137 7.150 7.146 7.142 7.137 7.133 7.129 7.125
99-27 7.133 7.147 7.143 7.139 7.133 7.128 7.123 7.119
99-27+ 7.128 7.145 7.139 7.135 7.128 7.123 7.118 7.112
99-28 7.124 7.142 7.136 7.131 7.124 7.118 7.112 7.106
99-28+ 7.119 7.139 7.133 7.127 7.119 7.113 7.107 7.100
99-29 7.115 7.136 7.129 7.123 7.115 7.108 7.101 7.094
99-29+ 7.110 7.133 7.126 7.119 7.110 7.103 7.095 7.088
99-30 7.106 7.130 7.123 7.115 7.106 7.098 7.090 7.082
99-30+ 7.101 7.127 7.119 7.111 7.101 7.093 7.084 7.076
99-31 7.097 7.124 7.116 7.108 7.097 7.088 7.079 7.070
99-31+ 7.092 7.122 7.112 7.104 7.092 7.083 7.073 7.064
100-00 7.087 7.119 7.109 7.100 7.087 7.078 7.068 7.058
100-00+ 7.083 7.116 7.106 7.096 7.083 7.073 7.062 7.051
100-01 7.078 7.113 7.102 7.092 7.078 7.068 7.056 7.045
100-01+ 7.074 7.110 7.099 7.088 7.074 7.063 7.051 7.039
100-02 7.069 7.107 7.096 7.084 7.069 7.058 7.045 7.033
100-02+ 7.065 7.104 7.092 7.081 7.065 7.053 7.040 7.027
100-03 7.060 7.101 7.089 7.077 7.060 7.048 7.034 7.021
100-03+ 7.056 7.099 7.085 7.073 7.056 7.043 7.029 7.015
100-04 7.051 7.096 7.082 7.069 7.051 7.038 7.023 7.009
100-04+ 7.047 7.093 7.079 7.065 7.047 7.033 7.018 7.003
100-05 7.042 7.090 7.075 7.061 7.042 7.028 7.012 6.997
100-05+ 7.038 7.087 7.072 7.057 7.038 7.022 7.006 6.990
100-06 7.033 7.084 7.069 7.054 7.033 7.017 7.001 6.984
100-06+ 7.029 7.081 7.065 7.050 7.029 7.012 6.995 6.978
100-07 7.024 7.079 7.062 7.046 7.024 7.007 6.990 6.972
100-07+ 7.020 7.076 7.058 7.042 7.020 7.002 6.984 6.966
First Payment 3.708 6.208 5.125 4.458 3.708 3.292 2.958 2.625
Average Life 4.100 7.149 5.807 4.928 4.100 3.623 3.230 2.916
Last Payment 4.542 8.375 6.542 5.542 4.542 4.042 3.542 3.208
Mod.Dur. @ 100-00 3.439 5.417 4.601 4.020 3.439 3.088 2.790 2.546
</TABLE>
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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $29,799,000.00 DATED DATE: 03/01/97
COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $29,799,000.00 BOND A5 PRICE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
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 7.305 7.310 7.308 7.307 7.305 7.304 7.302 7.301
99-24+ 7.301 7.307 7.306 7.304 7.301 7.300 7.298 7.296
99-25 7.298 7.305 7.303 7.301 7.298 7.295 7.293 7.291
99-25+ 7.294 7.302 7.300 7.298 7.294 7.291 7.288 7.286
99-26 7.290 7.300 7.298 7.294 7.290 7.287 7.284 7.281
99-26+ 7.286 7.298 7.295 7.291 7.286 7.283 7.279 7.275
99-27 7.283 7.295 7.292 7.288 7.283 7.279 7.275 7.270
99-27+ 7.279 7.293 7.290 7.285 7.279 7.275 7.270 7.265
99-28 7.275 7.291 7.287 7.282 7.275 7.270 7.266 7.260
99-28+ 7.272 7.288 7.284 7.279 7.272 7.266 7.261 7.255
99-29 7.268 7.286 7.282 7.276 7.268 7.262 7.256 7.250
99-29+ 7.264 7.284 7.279 7.273 7.264 7.258 7.252 7.245
99-30 7.260 7.281 7.276 7.269 7.260 7.254 7.247 7.240
99-30+ 7.257 7.279 7.274 7.266 7.257 7.250 7.243 7.235
99-31 7.253 7.277 7.271 7.263 7.253 7.246 7.238 7.230
99-31+ 7.249 7.274 7.268 7.260 7.249 7.241 7.233 7.225
100-00 7.246 7.272 7.266 7.257 7.246 7.237 7.229 7.220
100-00+ 7.242 7.270 7.263 7.254 7.242 7.233 7.224 7.215
100-01 7.238 7.267 7.260 7.251 7.238 7.229 7.220 7.210
100-01+ 7.234 7.265 7.258 7.248 7.234 7.225 7.215 7.205
100-02 7.231 7.263 7.255 7.244 7.231 7.221 7.211 7.200
100-02+ 7.227 7.260 7.252 7.241 7.227 7.217 7.206 7.195
100-03 7.223 7.258 7.250 7.238 7.223 7.212 7.201 7.190
100-03+ 7.220 7.256 7.247 7.235 7.220 7.208 7.197 7.185
100-04 7.216 7.253 7.244 7.232 7.216 7.204 7.192 7.180
100-04+ 7.212 7.251 7.242 7.229 7.212 7.200 7.188 7.175
100-05 7.209 7.249 7.239 7.226 7.209 7.196 7.183 7.170
100-05+ 7.205 7.246 7.236 7.223 7.205 7.192 7.179 7.165
100-06 7.201 7.244 7.233 7.219 7.201 7.188 7.174 7.160
100-06+ 7.197 7.242 7.231 7.216 7.197 7.183 7.169 7.155
100-07 7.194 7.239 7.228 7.213 7.194 7.179 7.165 7.150
100-07+ 7.190 7.237 7.225 7.210 7.190 7.175 7.160 7.145
First Payment 4.542 8.375 6.542 5.542 4.542 4.042 3.542 3.208
Average Life 5.200 9.491 7.896 6.447 5.200 4.557 4.053 3.629
Last Payment 6.042 10.958 9.292 7.958 6.042 5.208 4.625 4.125
Mod.Dur. @ 100-00 4.185 6.633 5.804 4.972 4.185 3.749 3.392 3.082
</TABLE>
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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $20,286,000.00 DATED DATE: 03/01/97
COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $20,286,000.00 BOND A6 PRICE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
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 7.524 7.527 7.526 7.525 7.524 7.522 7.520 7.519
99-24+ 7.521 7.525 7.524 7.523 7.521 7.519 7.517 7.515
99-25 7.518 7.523 7.522 7.521 7.518 7.515 7.513 7.510
99-25+ 7.515 7.521 7.520 7.518 7.515 7.512 7.509 7.506
99-26 7.512 7.519 7.517 7.516 7.512 7.508 7.505 7.502
99-26+ 7.509 7.517 7.515 7.513 7.509 7.505 7.502 7.498
99-27 7.506 7.515 7.513 7.511 7.506 7.502 7.498 7.494
99-27+ 7.503 7.513 7.511 7.508 7.503 7.498 7.494 7.490
99-28 7.500 7.511 7.509 7.506 7.500 7.495 7.490 7.485
99-28+ 7.498 7.509 7.506 7.504 7.498 7.492 7.486 7.481
99-29 7.495 7.507 7.504 7.501 7.495 7.488 7.483 7.477
99-29+ 7.492 7.505 7.502 7.499 7.492 7.485 7.479 7.473
99-30 7.489 7.503 7.500 7.496 7.489 7.482 7.475 7.469
99-30+ 7.486 7.501 7.498 7.494 7.486 7.478 7.471 7.465
99-31 7.483 7.499 7.495 7.491 7.483 7.475 7.468 7.460
99-31+ 7.480 7.497 7.493 7.489 7.480 7.471 7.464 7.456
100-00 7.477 7.495 7.491 7.487 7.477 7.468 7.460 7.452
100-00+ 7.474 7.493 7.489 7.484 7.474 7.465 7.456 7.448
100-01 7.472 7.491 7.487 7.482 7.472 7.461 7.453 7.444
100-01+ 7.469 7.489 7.484 7.479 7.469 7.458 7.449 7.440
100-02 7.466 7.487 7.482 7.477 7.466 7.455 7.445 7.436
100-02+ 7.463 7.485 7.480 7.474 7.463 7.451 7.441 7.431
100-03 7.460 7.483 7.478 7.472 7.460 7.448 7.438 7.427
100-03+ 7.457 7.481 7.475 7.470 7.457 7.445 7.434 7.423
100-04 7.454 7.479 7.473 7.467 7.454 7.441 7.430 7.419
100-04+ 7.451 7.476 7.471 7.465 7.451 7.438 7.426 7.415
100-05 7.448 7.474 7.469 7.462 7.448 7.435 7.423 7.411
100-05+ 7.446 7.472 7.467 7.460 7.446 7.431 7.419 7.406
100-06 7.443 7.470 7.464 7.457 7.443 7.428 7.415 7.402
100-06+ 7.440 7.468 7.462 7.455 7.440 7.425 7.411 7.398
100-07 7.437 7.466 7.460 7.453 7.437 7.421 7.408 7.394
100-07+ 7.434 7.464 7.458 7.450 7.434 7.418 7.404 7.390
First Payment 6.042 10.958 9.292 7.958 6.042 5.208 4.625 4.125
Average Life 7.200 12.060 10.503 9.134 7.200 5.934 5.156 4.564
Last Payment 8.708 13.458 11.792 10.458 8.708 6.875 5.875 5.125
Mod.Dur. @ 100-00 5.367 7.690 7.036 6.397 5.367 4.627 4.131 3.734
</TABLE>
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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $22,819,000.00 DATED DATE: 03/01/97
COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $22,819,000.00 BOND A7 PRICE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
**** TO MATURITY ****
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 7.801 7.803 7.802 7.802 7.801 7.800 7.799 7.798
99-24+ 7.799 7.801 7.800 7.800 7.799 7.798 7.796 7.795
99-25 7.797 7.799 7.799 7.798 7.797 7.796 7.794 7.792
99-25+ 7.794 7.797 7.797 7.796 7.794 7.793 7.791 7.789
99-26 7.792 7.796 7.795 7.794 7.792 7.791 7.789 7.786
99-26+ 7.790 7.794 7.793 7.792 7.790 7.789 7.786 7.783
99-27 7.788 7.792 7.791 7.790 7.788 7.786 7.784 7.781
99-27+ 7.786 7.791 7.789 7.788 7.786 7.784 7.781 7.778
99-28 7.784 7.789 7.788 7.786 7.784 7.782 7.779 7.775
99-28+ 7.782 7.787 7.786 7.784 7.782 7.780 7.776 7.772
99-29 7.780 7.785 7.784 7.782 7.780 7.777 7.774 7.769
99-29+ 7.777 7.784 7.782 7.780 7.777 7.775 7.771 7.766
99-30 7.775 7.782 7.780 7.778 7.775 7.773 7.769 7.764
99-30+ 7.773 7.780 7.778 7.776 7.773 7.770 7.766 7.761
99-31 7.771 7.779 7.777 7.774 7.771 7.768 7.764 7.758
99-31+ 7.769 7.777 7.775 7.773 7.769 7.766 7.761 7.755
100-00 7.767 7.775 7.773 7.771 7.767 7.764 7.759 7.752
100-00+ 7.765 7.773 7.771 7.769 7.765 7.761 7.756 7.749
100-01 7.763 7.772 7.769 7.767 7.763 7.759 7.753 7.747
100-01+ 7.761 7.770 7.768 7.765 7.761 7.757 7.751 7.744
100-02 7.758 7.768 7.766 7.763 7.758 7.754 7.748 7.741
100-02+ 7.756 7.767 7.764 7.761 7.756 7.752 7.746 7.738
100-03 7.754 7.765 7.762 7.759 7.754 7.750 7.743 7.735
100-03+ 7.752 7.763 7.760 7.757 7.752 7.748 7.741 7.732
100-04 7.750 7.761 7.758 7.755 7.750 7.745 7.738 7.730
100-04+ 7.748 7.760 7.757 7.753 7.748 7.743 7.736 7.727
100-05 7.746 7.758 7.755 7.751 7.746 7.741 7.733 7.724
100-05+ 7.744 7.756 7.753 7.749 7.744 7.739 7.731 7.721
100-06 7.742 7.755 7.751 7.747 7.742 7.736 7.728 7.718
100-06+ 7.739 7.753 7.749 7.745 7.739 7.734 7.726 7.715
100-07 7.737 7.751 7.748 7.743 7.737 7.732 7.723 7.713
100-07+ 7.735 7.749 7.746 7.742 7.735 7.730 7.721 7.710
First Payment 8.708 13.458 11.792 10.458 8.708 6.875 5.875 5.125
Average Life 11.665 16.962 15.095 13.501 11.665 10.424 9.027 7.730
Last Payment 29.708 29.708 29.708 29.708 29.708 29.708 29.708 29.708
Mod.Dur. @ 100-00 7.338 9.056 8.525 8.013 7.338 6.820 6.153 5.485
</TABLE>
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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $37,500,000.00 DATED DATE: 03/01/97
COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $37,500,000.00 BOND A8 PRICE-YIELD TABLE YIELD TABLE DATE: 03/31/97
PREPAYMENT SPEED
**** TO MATURITY ****
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 7.319 7.320 7.320 7.319 7.319 7.319 7.318 7.318
99-24+ 7.316 7.317 7.317 7.316 7.316 7.315 7.315 7.315
99-25 7.312 7.314 7.314 7.313 7.312 7.312 7.312 7.311
99-25+ 7.309 7.311 7.310 7.310 7.309 7.309 7.308 7.308
99-26 7.306 7.308 7.307 7.307 7.306 7.306 7.305 7.305
99-26+ 7.303 7.305 7.304 7.304 7.303 7.302 7.302 7.301
99-27 7.300 7.302 7.301 7.301 7.300 7.299 7.298 7.298
99-27+ 7.296 7.299 7.298 7.298 7.296 7.296 7.295 7.294
99-28 7.293 7.296 7.295 7.294 7.293 7.292 7.292 7.291
99-28+ 7.290 7.294 7.292 7.291 7.290 7.289 7.288 7.288
99-29 7.287 7.291 7.289 7.288 7.287 7.286 7.285 7.284
99-29+ 7.284 7.288 7.286 7.285 7.284 7.283 7.282 7.281
99-30 7.280 7.285 7.283 7.282 7.280 7.279 7.278 7.277
99-30+ 7.277 7.282 7.280 7.279 7.277 7.276 7.275 7.274
99-31 7.274 7.279 7.277 7.276 7.274 7.273 7.272 7.271
99-31+ 7.271 7.276 7.274 7.273 7.271 7.269 7.268 7.267
100-00 7.268 7.273 7.271 7.270 7.268 7.266 7.265 7.264
100-00+ 7.264 7.270 7.268 7.266 7.264 7.263 7.262 7.260
100-01 7.261 7.267 7.265 7.263 7.261 7.260 7.258 7.257
100-01+ 7.258 7.264 7.262 7.260 7.258 7.256 7.255 7.254
100-02 7.255 7.261 7.259 7.257 7.255 7.253 7.251 7.250
100-02+ 7.251 7.258 7.256 7.254 7.251 7.250 7.248 7.247
100-03 7.248 7.256 7.253 7.251 7.248 7.246 7.245 7.243
100-03+ 7.245 7.253 7.250 7.248 7.245 7.243 7.241 7.240
100-04 7.242 7.250 7.247 7.245 7.242 7.240 7.238 7.237
100-04+ 7.239 7.247 7.244 7.242 7.239 7.237 7.235 7.233
100-05 7.235 7.244 7.241 7.239 7.235 7.233 7.231 7.230
100-05+ 7.232 7.241 7.238 7.235 7.232 7.230 7.228 7.226
100-06 7.229 7.238 7.235 7.232 7.229 7.227 7.225 7.223
100-06+ 7.226 7.235 7.232 7.229 7.226 7.224 7.221 7.220
100-07 7.223 7.232 7.229 7.226 7.223 7.220 7.218 7.216
100-07+ 7.219 7.229 7.226 7.223 7.219 7.217 7.215 7.213
First Payment 3.042 3.042 3.042 3.042 3.042 3.042 3.042 3.042
Average Life 6.328 7.164 6.866 6.613 6.328 6.153 6.004 5.876
Last Payment 24.708 28.958 28.208 26.958 24.708 22.958 21.458 20.458
Mod.Dur. @ 100-00 4.841 5.320 5.153 5.008 4.841 4.735 4.643 4.563
</TABLE>
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>
<TABLE>
<CAPTION>
CURRENT BALANCE: $175,000,000.00 DATED DATE: 03/27/97
CURRENT COUPON: TBD ucfc7a FIRST PAYMENT: 04/15/97
FACTOR: 1.0000000000
ORIGINAL BALANCE: $175,000,000.00 BOND A9 DISCOUNT MARGIN ACT/360 TABLE YIELD TABLE DATE: 03/31/97
ASSUMED CONSTANT LIBOR-1M 5.5000
**** TO CALL ****
PRICING SPEED
27.0% 20.00% 16.00% 18.00% 26.00% 28.00% 30.00%
PRICE CPR CPR CPR CPR CPR CPR CPR
<S> <C> <C> <C> <C> <C> <C> <C>
99-24 29.979 27.532 26.239 26.873 29.609 30.336 31.081
99-24+ 29.354 27.060 25.848 26.442 29.007 29.688 30.386
99-25 28.729 26.589 25.457 26.012 28.405 29.041 29.692
99-25+ 28.104 26.117 25.066 25.581 27.803 28.393 28.998
99-26 27.479 25.645 24.675 25.151 27.201 27.746 28.304
99-26+ 26.854 25.174 24.285 24.721 26.600 27.099 27.611
99-27 26.230 24.702 23.895 24.290 25.998 26.452 26.917
99-27+ 25.605 24.231 23.504 23.860 25.397 25.806 26.224
99-28 24.981 23.760 23.114 23.431 24.796 25.159 25.531
99-28+ 24.357 23.289 22.724 23.001 24.195 24.513 24.838
99-29 23.733 22.818 22.334 22.571 23.595 23.867 24.145
99-29+ 23.110 22.347 21.944 22.142 22.994 23.221 23.453
99-30 22.486 21.877 21.554 21.712 22.394 22.575 22.761
99-30+ 21.863 21.406 21.165 21.283 21.794 21.930 22.069
99-31 21.240 20.936 20.775 20.854 21.194 21.284 21.377
99-31+ 20.617 20.466 20.386 20.425 20.594 20.639 20.685
100-00 19.994 19.995 19.996 19.996 19.994 19.994 19.993
100-00+ 19.371 19.526 19.607 19.567 19.395 19.349 19.302
100-01 18.749 19.056 19.218 19.138 18.795 18.704 18.611
100-01+ 18.127 18.586 18.829 18.710 18.196 18.060 17.920
100-02 17.504 18.116 18.440 18.281 17.597 17.415 17.229
100-02+ 16.883 17.647 18.051 17.853 16.998 16.771 16.538
100-03 16.261 17.178 17.662 17.425 16.400 16.127 15.848
100-03+ 15.639 16.708 17.274 16.997 15.801 15.483 15.158
100-04 15.018 16.239 16.885 16.569 15.203 14.840 14.468
100-04+ 14.396 15.770 16.497 16.141 14.604 14.196 13.778
100-05 13.775 15.302 16.109 15.713 14.006 13.553 13.088
100-05+ 13.154 14.833 15.721 15.286 13.409 12.910 12.399
100-06 12.533 14.364 15.333 14.858 12.811 12.267 11.709
100-06+ 11.913 13.896 14.945 14.431 12.213 11.624 11.020
100-07 11.292 13.428 14.557 14.003 11.616 10.981 10.331
100-07+ 10.672 12.960 14.169 13.576 11.019 10.339 9.643
First Payment 0.042 0.042 0.042 0.042 0.042 0.042 0.042
Average Life 2.816 3.909 4.920 4.368 2.941 2.706 2.503
Last Payment 7.125 9.875 12.375 11.042 7.458 6.875 6.375
Mod.Dur. @ 100-00 2.413 3.196 3.860 3.503 2.506 2.329 2.173
</TABLE>
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>
- --------------------------------------------------------------------------------
- UCFC7A
- Cut Off Date of Tape is 3/15/97
- FIX
- $283,010,436.44
- Mortgage Summary Report
- --------------------------------------------------------------------------------
Number of Mortgage Loans: 5,820
Aggregate Unpaid Principal Balance: $283,010,436.44
Aggregate Original Principal Balance: $283,747,453.43
Weighted Average Gross Coupon: 11.618%
Gross Coupon Range: 8.500% - 18.500%
- --------------------------------------------------------------------------------
Average Unpaid Principal Balance: $48,627.22
Average Original Principal Balance: $48,753.86
Maximum Unpaid Principal Balance: $534,780.42
Minimum Unpaid Principal Balance: $5,290.12
Maximum Original Principal Balance: $535,000.00
Minimum Original Principal Balance: $5,300.00
Weighted Avg. Stated Rem. Term
(PTD to Mat Date): 241.787
Stated Rem Term Range: 17.000 - 360.000
Weighted Avg. Amortized Rem. Term: 270.124
Amortized Rem Term Range: 17.281 - 360.144
Weighted Average Age (First Pay thru
Paid Thru Date): 1.444
Age Range: 0.000 - 197.000
Weighted Average Original Term: 243.231
Original Term Range: 48.000 - 360.000
Weighted Average Combined LTV: 78.756
Combined LTV Range: 8.300% - 100.000%
- --------------------------------------------------------------------------------
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>
GEOGRAPHICAL DISTRIBUTION OF MORTGAGED PROPERTIES
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Mortgage Principal Principal
State Loans Balance Balance
AL 35 1,809,479.56 0.64
AR 117 5,284,606.70 1.87
AZ 35 1,887,529.86 0.67
CA 128 10,673,171.38 3.77
CO 44 2,956,991.61 1.04
CT 33 2,348,805.47 0.83
DC 4 292,669.33 0.10
DE 9 642,615.25 0.23
FL 432 22,217,905.98 7.85
GA 202 9,644,610.41 3.41
IA 63 2,782,826.81 0.98
ID 26 2,783,417.65 0.98
IL 112 5,737,562.88 2.03
IN 263 10,820,357.51 3.82
KY 110 4,969,376.80 1.76
LA 706 28,504,341.26 10.07
MA 35 1,958,517.02 0.69
MD 48 3,451,482.77 1.22
ME 22 692,883.80 0.24
MI 334 13,385,389.42 4.73
MN 12 407,606.81 0.14
MO 148 6,473,773.20 2.29
MS 356 15,085,307.54 5.33
MT 1 41,000.00 0.01
NC 392 18,845,546.39 6.66
NE 16 583,651.47 0.21
NH 31 1,774,883.85 0.63
NJ 104 10,253,430.11 3.62
NM 18 791,739.48 0.28
NV 10 834,023.96 0.29
NY 289 15,840,208.32 5.60
OH 358 15,998,809.77 5.65
OK 165 6,664,575.05 2.35
OR 17 1,326,758.43 0.47
PA 335 13,533,716.68 4.78
RI 9 271,979.05 0.10
SC 197 9,137,054.20 3.23
TN 306 15,914,271.37 5.62
TX 29 1,539,662.57 0.54
UT 22 1,628,827.15 0.58
VA 76 5,020,312.32 1.77
WA 24 1,945,054.26 0.69
WI 80 3,315,115.50 1.17
WV 67 2,938,587.49 1.04
- --------------------------------------------------------------------------
Total............... 5820 $283,010,436.44 100.00%
==========================================================================
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>
COMBINED LOAN-TO-VALUE RATIOS
Percentage of
Aggregate Cut-Off Date
Combined Number of Unpaid Aggregate
Loan-To-Value Mortgage Principal Principal
Ratio Loans Balance Balance
5.000 <Comb LTV<= 10.000 1 9,144.41 0.00
10.000 <Comb LTV<= 15.000 7 94,545.02 0.03
15.000 <Comb LTV<= 20.000 19 344,033.58 0.12
20.000 <Comb LTV<= 25.000 32 495,998.99 0.18
25.000 <Comb LTV<= 30.000 39 931,723.37 0.33
30.000 <Comb LTV<= 35.000 64 1,453,979.57 0.51
35.000 <Comb LTV<= 40.000 71 1,717,062.07 0.61
40.000 <Comb LTV<= 45.000 91 2,796,610.99 0.99
45.000 <Comb LTV<= 50.000 165 4,637,666.62 1.64
50.000 <Comb LTV<= 55.000 154 5,548,809.59 1.96
55.000 <Comb LTV<= 60.000 209 7,221,803.95 2.55
60.000 <Comb LTV<= 65.000 239 9,712,810.74 3.43
65.000 <Comb LTV<= 70.000 398 17,325,091.08 6.12
70.000 <Comb LTV<= 75.000 649 31,595,900.56 11.16
75.000 <Comb LTV<= 80.000 1395 76,842,066.45 27.15
80.000 <Comb LTV<= 85.000 720 36,230,547.36 12.80
85.000 <Comb LTV<= 90.000 806 46,893,646.83 16.57
90.000 <Comb LTV<= 95.000 355 18,096,089.51 6.39
95.000 <Comb LTV<= 100.000 406 21,062,905.75 7.44
- --------------------------------------------------------------------------
Total.................... 5820 $283,010,436.44 100.00%
==========================================================================
GROSS MORTGAGE INTEREST RATE RANGE
Percentage of
Aggregate Cut-Off Date
Gross Mortgage Number of Unpaid Aggregate
Interest Rate Mortgage Principal Principal
Range Loans Balance Balance
8.25% < Gross Coupon <= 8.50% 4 138,393.01 0.05
8.50% < Gross Coupon <= 8.75% 1 194,887.81 0.07
8.75% < Gross Coupon <= 9.00% 1 51,000.00 0.02
9.00% < Gross Coupon <= 9.25% 12 714,266.08 0.25
9.25% < Gross Coupon <= 9.50% 18 1,120,039.57 0.40
9.50% < Gross Coupon <= 9.75% 127 4,679,950.87 1.65
9.75% < Gross Coupon <= 10.00% 136 8,734,952.03 3.09
10.00% < Gross Coupon <= 10.25% 90 5,083,047.56 1.80
10.25% < Gross Coupon <= 10.50% 421 24,207,528.61 8.55
10.50% < Gross Coupon <= 10.75% 186 12,988,965.83 4.59
10.75% < Gross Coupon <= 11.00% 624 33,469,137.30 11.83
11.00% < Gross Coupon <= 11.25% 330 18,078,105.88 6.39
11.25% < Gross Coupon <= 11.50% 497 29,492,422.58 10.42
11.50% < Gross Coupon <= 11.75% 753 34,485,301.29 12.19
11.75% < Gross Coupon <= 12.00% 550 27,823,343.86 9.83
12.00% < Gross Coupon <= 12.25% 399 19,256,272.92 6.80
12.25% < Gross Coupon <= 12.50% 304 16,444,270.06 5.81
12.50% < Gross Coupon <= 12.75% 551 16,236,588.57 5.74
12.75% < Gross Coupon <= 13.00% 134 6,064,813.49 2.14
13.00% < Gross Coupon <= 13.25% 299 11,158,903.83 3.94
13.25% < Gross Coupon <= 13.50% 43 2,390,887.23 0.84
13.50% < Gross Coupon <= 13.75% 142 4,544,258.43 1.61
13.75% < Gross Coupon <= 14.00% 58 1,691,199.81 0.60
14.00% < Gross Coupon <= 14.25% 54 1,536,306.27 0.54
14.25% < Gross Coupon <= 14.50% 17 427,109.91 0.15
14.50% < Gross Coupon <= 14.75% 42 1,325,183.74 0.47
14.75% < Gross Coupon <= 15.00% 6 135,453.01 0.05
15.00% < Gross Coupon <= 15.25% 16 430,565.97 0.15
15.25% < Gross Coupon <= 15.50% 3 62,770.26 0.02
15.75% < Gross Coupon <= 16.00% 1 14,873.43 0.01
18.00% < Gross Coupon <= 18.50% 1 29,637.23 0.01
- ----------------------------------------------------------------------------
Total.......... 5820 $283,010,436.44 100.00%
============================================================================
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>
CURRENT MORTGAGE LOAN AMOUNTS
Percentage of
Aggregate Cut-Off Date
Current Number of Unpaid Aggregate
Mortgage Loan Mortgage Principal Principal
Principal Balance Loans Balance Balance
Balance <= 25,000 1418 25,738,347.84 9.09
25,000 < Balance <= 50,000 2413 88,062,288.22 31.12
50,000 < Balance <= 100,000 1563 105,111,704.34 37.14
100,000 < Balance <= 150,000 297 35,777,859.92 12.64
150,000 < Balance <= 200,000 74 12,710,178.74 4.49
200,000 < Balance <= 250,000 28 6,239,406.43 2.20
250,000 < Balance <= 300,000 14 3,907,203.62 1.38
300,000 < Balance <= 350,000 2 634,302.00 0.22
350,000 < Balance <= 400,000 4 1,525,369.27 0.54
400,000 < Balance <= 450,000 2 824,912.87 0.29
450,000 < Balance <= 500,000 3 1,426,982.77 0.50
500,000 < Balance <= 550,000 2 1,051,880.42 0.37
- --------------------------------------------------------------------------
Total.................... 5820 $283,010,436.44 100.00%
==========================================================================
LOAN SUMMARY STRATIFIED BY
OWNER OCCUPANCY
Percentage of
Aggregate Cut-Off Date
No. of Unpaid Aggregate
LIENS Mort. Principal Principal
STAT Loans Balance Balance
Owner Occupied, 1st Mtg 4710 247,178,042.90 87.34
Part-Owner Occupied, 1st Mtg 3 68,108.04 0.02
Non-Owner Occupied, 1st Mtg 614 22,604,089.69 7.99
Second Home, 1st Mtg 5 492,760.48 0.17
Owner Occupied, 2nd Mtg 475 11,830,716.98 4.18
Multiple Properties, 1st Mtgs 13 836,718.35 0.30
- ----------------------------------------------------------------------------
Total.................. 5820 $283,010,436.44 100.00%
============================================================================
AGE IN MONTHS
- -------------------------------------------------------------------------------
Aggregate Percent of
Unpaid Aggregate
Number of Percent of Principal Principal
Age Loans Loan Count Balance Balance
0 < Age <= 6 5,684 97.66 276,621,096.20 97.74
6 < Age <= 12 36 .62 1,472,841.15 .52
12 < Age <= 18 20 .34 1,400,149.84 .49
18 < Age <= 24 10 .17 543,764.93 .19
24 < Age <= 30 11 .19 676,220.52 .24
30 < Age <= 36 12 .21 754,809.95 .27
36 < Age <= 42 7 .12 280,768.34 .10
48 < Age <= 54 2 .03 62,704.43 .02
60 < Age <= 66 1 .02 16,613.66 .01
66 < Age <= 72 1 .02 10,860.51 .00
72 < Age <= 78 15 .26 495,578.10 .18
78 < Age <= 84 9 .15 291,391.27 .10
84 < Age <= 90 1 .02 46,670.78 .02
90 < Age <= 96 2 .03 58,018.00 .02
102 < Age <= 108 2 .03 42,655.98 .02
108 < Age <= 114 2 .03 77,490.35 .03
120 < Age <= 126 1 .02 34,050.03 .01
156 < Age <= 168 1 .02 16,927.96 .01
168 < Age <= 180 2 .03 68,719.69 .02
192 < Age <= 204 1 .02 39,104.75 .01
- -----------------------------------------------------------------------------
Total................. 5,820 100.00% 283,010,436.44 100.00%
=============================================================================
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>
MORTGAGED PROPERTIES
Percentage of
Aggregate Cut-Off Date
Number of % Pool Unpaid Aggregate
Mortgage by # Principal Principal
Loans Loans Balance Balance
Duplex 275 4.73% 12,852,031.06 4.54
Triplex 41 0.70% 2,289,754.40 0.81
Fourplex or Quadplex 22 0.38% 1,417,141.25 0.50
RowHouse 125 2.15% 3,877,824.20 1.37
Modular Housing 14 0.24% 710,906.65 0.25
Manufactured Housing 5 0.09% 189,541.21 0.07
Man.House/Perm 358 6.15% 13,633,626.48 4.82
Semi-Detached 12 0.21% 506,525.69 0.18
PUD 2 0.03% 174,077.81 0.06
Townhouses 24 0.41% 1,285,456.43 0.45
Condominiums 111 1.91% 5,721,811.79 2.02
Single Family Detached 4830 82.99% 240,340,878.96 84.92
Land & Developed Lots 1 0.02% 10,860.51 0.00
- ---------------------------------------------------------------------------
Total....... 5820 100.00% $283,010,436.44 100.00%
===========================================================================
REMAINING MONTHS TO STATED MATURITY
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Mortgage Principal Principal
Remaining Term Loans Balance Balance
12 < Rem Term <= 24 1 16,927.96 0.01%
36 < Rem Term <= 48 3 35,200.00 0.01%
48 < Rem Term <= 60 127 5,395,804.00 1.91%
60 < Rem Term <= 72 14 234,238.16 0.08%
72 < Rem Term <= 84 47 1,783,762.01 0.63%
84 < Rem Term <= 96 23 456,673.19 0.16%
96 < Rem Term <= 108 28 720,169.65 0.25%
108 < Rem Term <= 120 748 28,962,487.33 10.23%
120 < Rem Term <= 132 3 82,063.72 0.03%
132 < Rem Term <= 144 119 3,377,820.24 1.19%
144 < Rem Term <= 156 14 538,529.09 0.19%
156 < Rem Term <= 168 16 571,003.79 0.20%
168 < Rem Term <= 180 2,440 98,808,001.15 34.91%
180 < Rem Term <= 192 2 68,719.69 0.02%
204 < Rem Term <= 216 2 166,309.09 0.06%
216 < Rem Term <= 228 2 39,892.87 0.01%
228 < Rem Term <= 240 807 39,742,072.52 14.04%
240 < Rem Term <= 252 1 39,719.74 0.01%
252 < Rem Term <= 264 2 110,254.93 0.04%
276 < Rem Term <= 288 4 294,886.57 0.10%
288 < Rem Term <= 300 47 2,211,560.06 0.78%
312 < Rem Term <= 324 1 135,048.43 0.05%
324 < Rem Term <= 336 14 1,129,358.51 0.40%
336 < Rem Term <= 348 10 1,275,593.33 0.45%
348 < Rem Term <= 360 1,345 96,814,340.41 34.21%
- -------------------------------------------------------------------
Total............ 5,820 283,010,436.44 100.00%
===================================================================
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>
ORIGINAL TERM
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Mortgage Principal Principal
Original Term Loans Balance Balance
36 < Orig. Term <= 48 3 35,200.00 0.01%
48 < Orig. Term <= 60 127 5,395,804.00 1.91%
60 < Orig. Term <= 72 10 164,415.94 0.06%
72 < Orig. Term <= 84 43 1,699,564.93 0.60%
84 < Orig. Term <= 96 22 410,002.41 0.14%
96 < Orig. Term <= 108 4 63,489.20 0.02%
108 < Orig. Term <= 120 754 29,149,896.34 10.30%
132 < Orig. Term <= 144 116 3,242,294.38 1.15%
144 < Orig. Term <= 156 4 190,329.89 0.07%
168 < Orig. Term <= 180 2,497 100,510,269.08 35.51%
228 < Orig. Term <= 240 811 39,947,474.34 14.12%
252 < Orig. Term <= 264 3 159,314.41 0.06%
288 < Orig. Term <= 300 48 2,259,158.61 0.80%
324 < Orig. Term <= 336 2 118,003.35 0.04%
336 < Orig. Term <= 348 1 78,400.00 0.03%
348 < Orig. Term <= 360 1,375 99,586,819.56 35.19%
- --------------------------------------------------------------------------
Total............ 5,820 283,010,436.44 100.00%
==========================================================================
ORIGINAL MORTGAGE LOAN AMOUNTS
Percentage of
Aggregate Cut-Off Date
Original Number of Unpaid Aggregate
Mortgage Loan Mortgage Principal Principal
Principal Balance Loans Balance Balance
Balance <= 25,000 1,406 25,470,854.44 9.00
25,000 < Balance <= 50,000 2,415 87,896,015.07 31.06
50,000 < Balance <= 75,000 1,155 69,757,260.62 24.65
75,000 < Balance <= 100,000 417 35,691,492.67 12.61
100,000 < Balance <= 150,000 298 35,874,577.52 12.68
150,000 < Balance <= 191,250 70 11,924,816.91 4.21
191,250 < Balance <= 200,000 4 785,361.83 0.28
200,000 < Balance <= 250,000 28 6,239,406.43 2.20
250,000 < Balance <= 300,000 14 3,907,203.62 1.38
300,000 < Balance <= 350,000 2 634,302.00 0.22
350,000 < Balance <= 400,000 4 1,525,369.27 0.54
400,000 < Balance <= 450,000 2 824,912.87 0.29
450,000 < Balance <= 500,000 3 1,426,982.77 0.50
500,000 < Balance <= 600,000 2 1,051,880.42 0.37
- --------------------------------------------------------------------------
Total.................... 5820 $283,010,436.44 100.00%
==========================================================================
LOAN SUMMARY STRATIFIED BY
LOAN PURPOSE
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Mortgage Principal Principal
Loans Balance Balance
Purchase 542 35,691,367.91 12.61
Refinance 5278 247,319,068.53 87.39
- ------------------------------------------------------------------------
Total.................. 5820 $283,010,436.44 100.00%
========================================================================
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>
- --------------------------------------------------------------------------------
- UCFC7A
- Cut Off Date of Tape is 3/15/97
- ARM
- $133,510,136.97
- --------------------------------------------------------------------------------
Number of Mortgage Loans: 1,496
Aggregate Unpaid Principal Balance: $133,510,136.97
Aggregate Original Principal Balance: $133,811,809.52
- --------------------------------------------------------------------------------
Weighted Average Coupon (Gross): 9.741%
Gross Coupon Range: 6.750% - 13.625%
Weighted Average Margin (Gross): 5.376%
Gross Margin Range: 2.875% - 9.750%
Weighted Average Life Cap (Gross): 15.785%
Gross Life Cap Range: 12.750% - 19.500%
Weighted Average Life Floor (Gross): 9.541%
Gross Life Floor Range: 2.125% - 13.500%
- --------------------------------------------------------------------------------
Average Unpaid Principal Balance: $89,244.74
Average Original Principal Balance: $89,446.40
Maximum Unpaid Principal Balance: $400,000.00
Minimum Unpaid Principal Balance: $8,883.75
Maximum Original Principal Balance: $400,000.00
Minimum Original Principal Balance: $9,000.00
Weighted Avg. Stated Rem. Term
(PTD to Mat Date): 337.373
Stated Rem Term Range: 51.000 - 360.000
Weighted Avg. Amortized Rem. Term: 338.885
Amortized Rem Term Range: 52.043 - 371.373
Weighted Average Age (First Pay
thru Paid Thru): 3.952
Age Range: 0.000 - 152.000
Weighted Average Original Term: 341.325
Original Term Range: 60.000 - 360.000
Weighted Average Original LTV: 82.113
Original LTV Range: 8.500% - 100.000%
Weighted Average Periodic Interest Cap: 1.056%
Periodic Interest Cap Range: 1.000% - 2.000%
Weighted Average Months to Interest Roll: 12.475 *calculated
from 3/97
to next
rolldate
Months to Interest Roll Range: 1 - 36
Weighted Average Interest Roll Frequency: 6.197
Interest Frequency Range: 6 - 12
- --------------------------------------------------------------------------------
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>
GEOGRAPHICAL DISTRIBUTION OF MORTGAGED PROPERTIES
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Mortgage Principal Principal
State Loans Balance Balance
AK 1 49,537.83 0.04
AL 1 46,125.00 0.03
AR 5 332,575.55 0.25
AZ 22 1,962,612.41 1.47
CA 315 51,098,231.10 38.27
CO 16 1,673,606.14 1.25
CT 6 499,435.21 0.37
DC 7 918,059.97 0.69
DE 3 262,900.00 0.20
FL 16 1,103,679.69 0.83
GA 13 1,340,775.59 1.00
IA 23 1,188,666.12 0.89
ID 5 402,865.96 0.30
IL 49 4,119,643.77 3.09
IN 82 4,282,347.81 3.21
KY 34 2,072,391.59 1.55
LA 29 1,836,441.97 1.38
MA 10 1,086,926.06 0.81
MD 4 553,703.35 0.41
ME 22 1,492,250.99 1.12
MI 101 5,590,424.29 4.19
MN 11 701,746.24 0.53
MO 26 1,388,326.18 1.04
MS 19 925,023.44 0.69
NC 41 2,378,639.06 1.78
NE 5 222,418.98 0.17
NH 8 425,034.82 0.32
NJ 25 2,503,179.88 1.87
NM 10 1,230,004.71 0.92
NV 3 371,088.26 0.28
NY 53 4,469,557.48 3.35
OH 190 10,450,224.22 7.83
OK 27 1,135,095.60 0.85
OR 47 5,065,902.13 3.79
PA 70 3,496,338.94 2.62
RI 5 475,423.47 0.36
SC 6 386,789.47 0.29
TN 42 2,918,348.40 2.19
TX 5 564,032.04 0.42
UT 25 3,107,160.71 2.33
VA 20 1,383,882.32 1.04
WA 40 4,965,657.14 3.72
WI 39 2,171,975.03 1.63
WV 15 861,088.05 0.64
- --------------------------------------------------------------------------
Total............... 1496 $133,510,136.97 100.00%
==========================================================================
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>
ORIGINAL LOAN-TO-VALUE RATIOS
Percentage of
Aggregate Cut-Off Date
Original Number of Unpaid Aggregate
Loan-To-Value Mortgage Principal Principal
Ratio Loans Balance Balance
5.000 < LTV <= 10.000 2 320,451.84 0.24
10.000 < LTV <= 15.000 1 31,500.00 0.02
15.000 < LTV <= 20.000 2 81,977.37 0.06
20.000 < LTV <= 25.000 5 199,561.68 0.15
25.000 < LTV <= 30.000 4 156,500.00 0.12
30.000 < LTV <= 35.000 8 238,583.98 0.18
35.000 < LTV <= 40.000 10 414,604.29 0.31
40.000 < LTV <= 45.000 16 1,043,969.73 0.78
45.000 < LTV <= 50.000 15 648,429.77 0.49
50.000 < LTV <= 55.000 24 991,350.28 0.74
55.000 < LTV <= 60.000 27 1,417,651.85 1.06
60.000 < LTV <= 65.000 52 3,054,115.36 2.29
65.000 < LTV <= 70.000 74 5,296,254.26 3.97
70.000 < LTV <= 75.000 137 10,742,582.28 8.05
75.000 < LTV <= 80.000 265 27,185,781.81 20.36
80.000 < LTV <= 85.000 267 25,336,446.54 18.98
85.000 < LTV <= 90.000 366 40,829,282.92 30.58
90.000 < LTV <= 95.000 124 8,707,724.12 6.52
95.000 < LTV <=100.000 97 6,813,368.89 5.10
- --------------------------------------------------------------------------
Total.................... 1496 $133,510,136.97 100.00%
==========================================================================
GROSS MORTGAGE INTEREST RATE RANGE
Percentage of
Aggregate Cut-Off Date
Gross Mortgage Number of Unpaid Aggregate
Interest Rate Mortgage Principal Principal
Range Loans Balance Balance
6.50% < Gross Coupon <= 7.00% 3 270,280.66 0.20
7.00% < Gross Coupon <= 7.50% 3 386,651.82 0.29
7.50% < Gross Coupon <= 8.00% 22 3,304,947.51 2.48
8.00% < Gross Coupon <= 8.50% 100 14,733,971.68 11.04
8.50% < Gross Coupon <= 9.00% 123 15,917,593.57 11.92
9.00% < Gross Coupon <= 9.50% 171 18,480,002.77 13.84
9.50% < Gross Coupon <= 10.00% 348 33,460,418.88 25.06
10.00% < Gross Coupon <= 10.50% 284 22,154,807.29 16.59
10.50% < Gross Coupon <= 11.00% 335 18,966,032.41 14.21
11.00% < Gross Coupon <= 11.50% 49 2,532,432.76 1.90
11.50% < Gross Coupon <= 12.00% 43 2,343,358.52 1.76
12.00% < Gross Coupon <= 12.50% 7 619,279.22 0.46
12.50% < Gross Coupon <= 13.00% 6 274,522.05 0.21
13.00% < Gross Coupon <= 13.50% 1 16,300.00 0.01
13.50% < Gross Coupon <= 14.00% 1 49,537.83 0.04
- ----------------------------------------------------------------------------
Total.......... 1496 $133,510,136.97 100.00%
============================================================================
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>
CURRENT MORTGAGE LOAN AMOUNTS
Percentage of
Aggregate Cut-Off Date
Current Number of Unpaid Aggregate
Mortgage Loan Mortgage Principal Principal
Principal Balance Loans Balance Balance
Balance <= 25,000 99 2,017,298.44 1.51
25,000 < Balance <= 50,000 372 14,271,125.51 10.69
50,000 < Balance <= 100,000 561 39,621,741.75 29.68
100,000 < Balance <= 150,000 229 28,001,312.82 20.97
150,000 < Balance <= 200,000 139 24,054,410.38 18.02
200,000 < Balance <= 250,000 46 10,289,832.92 7.71
250,000 < Balance <= 300,000 31 8,601,347.93 6.44
300,000 < Balance <= 350,000 12 3,994,711.65 2.99
350,000 < Balance <= 400,000 7 2,658,355.57 1.99
- --------------------------------------------------------------------------
Total.................... 1496 $133,510,136.97 100.00%
==========================================================================
LOAN SUMMARY STRATIFIED BY
OWNER OCCUPANCY
Percentage of
Aggregate Cut-Off Date
No. of Unpaid Aggregate
LIENS Mort. Principal Principal
STAT Loans Balance Balance
Owner Occupied, 1st Mtg 1411 129,630,059.21 97.09
Non-Owner Occupied, 1st Mtg 85 3,880,077.76 2.91
- ----------------------------------------------------------------------------
Total.................. 1496 $133,510,136.97 100.00%
============================================================================
AGE IN MONTHS
- -------------------------------------------------------------------------------
Aggregate Percent of
Unpaid Aggregate
Number of Percent of Principal Principal
Age Loans Loan Count Balance Balance
0 = Age <= 6 1,384 92.51 126,064,443.26 94.42
6 < Age <= 12 5 .33 744,149.48 .56
12 < Age <= 18 4 .27 453,760.62 .34
18 < Age <= 24 10 .67 542,562.69 .41
24 < Age <= 30 7 .47 593,740.15 .44
30 < Age <= 36 8 .53 411,689.38 .31
36 < Age <= 42 2 .13 52,316.43 .04
42 < Age <= 48 2 .13 101,403.11 .08
48 < Age <= 54 1 .07 75,875.04 .06
54 < Age <= 60 5 .33 480,673.72 .36
60 < Age <= 66 15 1.00 1,099,132.20 .82
66 < Age <= 72 16 1.07 897,430.49 .67
72 < Age <= 78 6 .40 317,622.13 .24
78 < Age <= 84 7 .47 346,654.94 .26
84 < Age <= 90 10 .67 614,719.91 .46
90 < Age <= 96 5 .33 218,780.05 .16
96 < Age <= 102 2 .13 80,642.61 .06
102 < Age <= 108 2 .13 90,020.18 .07
108 < Age <= 114 1 .07 36,607.81 .03
120 < Age <= 126 2 .13 90,864.96 .07
126 < Age <= 132 1 .07 139,482.14 .10
144 < Age <= 156 1 .07 57,565.67 .04
- -----------------------------------------------------------------------------
Total................ 1,496 100.00% 133,510,136.97 100.00%
=============================================================================
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>
MORTGAGED PROPERTIES
Percentage of
Aggregate Cut-Off Date
Number of % Pool Unpaid Aggregate
Mortgage by # Principal Principal
Loans Loans Balance Balance
Duplex 56 3.74% 4,230,044.49 3.17
Triplex 15 1.00% 1,329,220.68 1.00
Fourplex or Quadplex 6 0.40% 660,885.39 0.50
RowHouse 18 1.20% 1,469,072.44 1.10
Modular Housing 2 0.13% 158,900.00 0.12
Man.House/Perm 7 0.47% 488,791.11 0.37
Semi-Detached 8 0.53% 426,221.10 0.32
PUD 6 0.40% 857,538.78 0.64
Townhouses 7 0.47% 708,924.54 0.53
Condominiums 37 2.47% 3,334,634.39 2.50
Single Family Detached 1334 89.17% 119,845,904.05 89.77
- ---------------------------------------------------------------------------
Total....... 1496 100.00% $133,510,136.97 100.00%
===========================================================================
REMAINING MONTHS TO STATED MATURITY
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Mortgage Principal Principal
Remaining Term Loans Balance Balance
48 < Rem Term <= 60 2 25,781.90 0.02%
72 < Rem Term <= 84 2 47,526.01 0.04%
84 < Rem Term <= 96 4 148,793.78 0.11%
96 < Rem Term <= 108 1 34,854.96 0.03%
108 < Rem Term <= 120 16 448,728.91 0.34%
132 < Rem Term <= 144 1 37,957.14 0.03%
144 < Rem Term <= 156 6 183,926.31 0.14%
156 < Rem Term <= 168 4 165,771.51 0.12%
168 < Rem Term <= 180 211 9,106,267.64 6.82%
192 < Rem Term <= 204 2 52,316.43 0.04%
204 < Rem Term <= 216 2 104,237.73 0.08%
216 < Rem Term <= 228 1 25,831.81 0.02%
228 < Rem Term <= 240 99 5,108,630.19 3.83%
240 < Rem Term <= 252 2 76,513.48 0.06%
252 < Rem Term <= 264 3 130,757.12 0.10%
264 < Rem Term <= 276 12 804,564.28 0.60%
276 < Rem Term <= 288 8 452,662.94 0.34%
288 < Rem Term <= 300 39 2,600,418.64 1.95%
300 < Rem Term <= 312 4 357,638.34 0.27%
312 < Rem Term <= 324 3 169,275.21 0.13%
324 < Rem Term <= 336 9 767,895.03 0.58%
336 < Rem Term <= 348 10 824,627.95 0.62%
348 < Rem Term <= 360 1,055 111,835,159.66 83.77%
- -------------------------------------------------------------------
Total............ 1,496 133,510,136.97 100.00%
===================================================================
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>
DISTRIBUTION OF
MARGINS
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Gross Mortgage Principal Principal
Margin Loans Balance Balance
2.500 < Margin <= 3.000 1 39,911.52 0.03
3.500 < Margin <= 4.000 119 7,535,208.34 5.64
4.000 < Margin <= 4.500 199 20,200,513.30 15.13
4.500 < Margin <= 5.000 170 17,177,766.00 12.87
5.000 < Margin <= 5.500 403 39,538,816.35 29.61
5.500 < Margin <= 6.000 407 30,884,435.33 23.13
6.000 < Margin <= 6.500 94 9,590,126.54 7.18
6.500 < Margin <= 7.000 60 4,921,974.07 3.69
7.000 < Margin <= 7.500 20 1,786,746.53 1.34
7.500 < Margin <= 8.000 13 951,311.81 0.71
8.000 < Margin <= 8.500 6 597,096.44 0.45
8.500 < Margin <= 9.000 2 143,962.00 0.11
9.000 < Margin <= 9.500 1 73,468.74 0.06
9.500 < Margin <= 10.000 1 68,800.00 0.05
- --------------------------------------------------------------------------
Total................. 1,496 $133,510,136.97 100.00%
==========================================================================
LOAN SUMMARY STRATIFIED BY
LIFE CAP
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Gross Mortgage Principal Principal
Life Cap Loans Balance Balance
12.500 < LIFE CAP <= 13.000 3 270,280.66 0.20
13.000 < LIFE CAP <= 13.500 9 867,844.25 0.65
13.500 < LIFE CAP <= 14.000 20 3,074,785.88 2.30
14.000 < LIFE CAP <= 14.500 96 14,101,246.23 10.56
14.500 < LIFE CAP <= 15.000 106 14,135,977.79 10.59
15.000 < LIFE CAP <= 15.500 155 17,674,505.50 13.24
15.500 < LIFE CAP <= 16.000 344 33,843,029.78 25.35
16.000 < LIFE CAP <= 16.500 293 22,621,903.04 16.94
16.500 < LIFE CAP <= 17.000 350 20,055,895.54 15.02
17.000 < LIFE CAP <= 17.500 55 3,215,665.11 2.41
17.500 < LIFE CAP <= 18.000 45 2,427,979.65 1.82
18.000 < LIFE CAP <= 18.500 10 646,334.52 0.48
18.500 < LIFE CAP <= 19.000 6 327,119.88 0.25
19.000 < LIFE CAP <= 19.500 4 247,569.14 0.19
- --------------------------------------------------------------------------
Total................. 1496 $133,510,136.97 100.00%
==========================================================================
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>
LOAN SUMMARY STRATIFIED BY
LIFE FLOOR
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Gross Mortgage Principal Principal
Life Floor Loans Balance Balance
2.000 < Life Floor <= 2.500 1 36,798.80 0.03
3.000 < Life Floor <= 3.500 1 59,542.57 0.04
3.500 < Life Floor <= 4.000 74 4,257,733.30 3.19
5.500 < Life Floor <= 6.000 1 39,976.99 0.03
6.500 < Life Floor <= 7.000 2 194,405.62 0.15
7.000 < Life Floor <= 7.500 4 581,543.61 0.44
7.500 < Life Floor <= 8.000 23 3,389,227.42 2.54
8.000 < Life Floor <= 8.500 101 14,829,425.43 11.11
8.500 < Life Floor <= 9.000 114 15,303,507.78 11.46
9.000 < Life Floor <= 9.500 143 17,051,255.05 12.77
9.500 < Life Floor <= 10.000 316 31,676,756.90 23.73
10.000 < Life Floor <= 10.500 286 22,290,379.46 16.70
10.500 < Life Floor <= 11.000 333 18,621,113.07 13.95
11.000 < Life Floor <= 11.500 47 2,511,014.24 1.88
11.500 < Life Floor <= 12.000 39 1,922,911.93 1.44
12.000 < Life Floor <= 12.500 6 541,305.98 0.41
12.500 < Life Floor <= 13.000 4 186,938.82 0.14
13.000 < Life Floor <= 13.500 1 16,300.00 0.01
- --------------------------------------------------------------------------
Total................. 1496 $133,510,136.97 100.00%
==========================================================================
NEXT INTEREST ROLLDATE DATE
Percentage
of Cut-Off
Aggregate Date
Next Number of Unpaid Aggregate
Roll Mortgage Principal Principal
Date Loans Balance Balance
03/01/00 1 $112,457.88 00.08
04/01/97 3 $226,476.62 00.17
05/01/97 13 $602,541.65 00.45
06/01/97 11 $1,192,293.34 00.89
07/01/97 16 $1,278,848.94 00.96
08/01/97 56 $3,464,630.88 02.60
09/01/97 313 $23,556,020.88 17.64
10/01/97 571 $41,600,734.61 31.16
11/01/97 182 $12,514,837.79 09.37
12/01/97 2 $84,565.58 00.06
01/01/98 8 $374,145.64 00.28
02/01/98 8 $469,949.62 00.35
03/01/98 10 $624,078.52 00.47
08/01/98 1 $293,812.45 00.22
11/01/98 1 $81,100.89 00.06
12/01/98 42 $5,669,333.49 04.25
01/01/99 61 $10,734,285.86 08.04
02/01/99 96 $16,356,612.12 12.25
03/01/99 79 $10,639,610.21 07.97
04/01/99 22 $3,633,800.00 02.72
- -----------------------------------------------------------------------
Total........ 1496 $133,510,136.97 100.00%
=======================================================================
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>
ORIGINAL TERM
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Mortgage Principal Principal
Original Term Loans Balance Balance
48 < Orig. Term <= 60 1 8,883.75 0.01%
72 < Orig. Term <= 84 2 47,526.01 0.04%
84 < Orig. Term <= 96 1 61,900.00 0.05%
108 < Orig. Term <= 120 17 465,627.06 0.35%
168 < Orig. Term <= 180 223 9,522,702.08 7.13%
228 < Orig. Term <= 240 102 5,070,240.84 3.80%
288 < Orig. Term <= 300 8 447,675.49 0.34%
348 < Orig. Term <= 360 1,142 117,885,581.74 88.30%
- -----------------------------------------------------------------------------
Total............ 1,496 133,510,136.97 100.00%
=============================================================================
ORIGINAL MORTGAGE LOAN AMOUNTS
Percentage of
Aggregate Cut-Off Date
Original Number of Unpaid Aggregate
Mortgage Loan Mortgage Principal Principal
Principal Balance Loans Balance Balance
Balance <= 25,000 95 1,931,993.26 1.45
25,000 < Balance <= 50,000 375 14,313,239.99 10.72
50,000 < Balance <= 75,000 364 22,677,201.81 16.99
75,000 < Balance <= 100,000 197 16,887,742.51 12.65
100,000 < Balance <= 150,000 229 27,953,121.67 20.94
150,000 < Balance <= 200,000 140 24,202,589.66 18.13
200,000 < Balance <= 250,000 46 10,289,832.92 7.71
250,000 < Balance <= 300,000 31 8,601,347.93 6.44
300,000 < Balance <= 350,000 12 3,994,711.65 2.99
350,000 < Balance <= 400,000 7 2,658,355.57 1.99
- --------------------------------------------------------------------------
Total.................... 1496 $133,510,136.97 100.00%
==========================================================================
LOAN SUMMARY STRATIFIED BY
LOAN PURPOSE
Percentage of
Aggregate Cut-Off Date
Number of Unpaid Aggregate
Mortgage Principal Principal
Loans Balance Balance
Purchase 272 37,070,861.66 27.77
Refinance 1224 96,439,275.31 72.23
- --------------------------------------------------------------------------
Total.................. 1496 $133,510,136.97 100.00%
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