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: May 7, 1998
CHASE COMMERCIAL MORTGAGE SECURITIES CORP.
(formerly known as "Chemical Commercial Mortgage Securities Corp.")
-------------------------------------------------------------------
(Exact Name of Registrant)
New York 333-05271 13-3728743
-------------- ------------- ------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
380 Madison Avenue, New York 10017-2951
Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 622-3510
<PAGE>
Item 5. Other Events.
On or about 4/20/98, Chase Commercial Mortgage Securities
Corp. (the "Depositor") made the distributions to holders of its Mortgage
Pass-Through Certificates, Series 1996-1, Series 1996-2, Series 1997-1 and
and Series 1997-2 contemplated by the Pooling and Servicing Agreement dated
as of July 1, 1996 and the Pooling and Servicing Agreement dated as of
December 1, 1996 (collectively, the "Pooling and Servicing Agreements")
among the Depositor, The Chase Manhattan Bank, as Servicer, Lennar Partners
Inc., as Special Servicer, LaSalle National Bank, as Trustee and ABN Amro
Bank N.V., as Fiscal Agent.
Copies of the Certificateholders' Reports with respect to such
distributions delivered pursuant to Section 4.02 of the Pooling and Servicing
Agreements are being filed as exhibits to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibits Description
-------- -----------
20.1 Monthly Reports with respect to the
April 20, 1998 distribution
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: May 7, 1998
THE CHASE MANHATTAN BANK,
as Paying Agent, on behalf of
Chase Commercial Mortgage
Securities Corp.
By: /s/ Norma Catone
-------------------
Name: Norma Catone
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
-----------------
Exhibit No. Description
----------- -----------
20.1 Monthly Reports with respect to the
distribution to Certificateholders on
April 20, 1998
<PAGE>
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-through Certificates
Series 1996-1
Statement to Certificateholders
<TABLE>
DIST DATE. 20-APR-1998 PAGE: 1
RECORD DATE: 31-MAR-1998
<CAPTION>
Collateral
Support
Original Beginning Prepayment Deficit Ending
Class Cusip # Certificate Certificate Principal Interest Penalties Allocation/ Total Certificate
Balance Balance Distribution Distribution (PP/YMCI) (Reimb) Distribution Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AA0 190,000,000.00 181,556,093.64 454,456.60 1,149,855.26 0.00 0.00 1,604,311.86 181,101,637.04
A2 161505AB8 123,421,002.00 123,421,002.00 0.00 781,666.35 0.00 0.00 781,666.35 123,421,002.00
P 161505AC6 1,222,154.00 1,191,129.42 1,652.77 0.00 0.00 0.00 1,652.77 1,189,476.65
B 161505AE2 26,589,563.00 26,589,563.00 0.00 168,400.57 0.00 0.00 168,400.57 26,589,563.00
C 161505AF9 22,157,969.00 22,157,969.00 0.00 140,333.80 0.00 0.00 140,333.80 22,157,969.00
D 161505AG7 15,510,578.00 15,510,578.00 0.00 98,233.66 0.00 0.00 98,233.66 15,510,578.00
E 161505AH5 11,078,984.00 11,078,984.00 0.00 70,166.90 0.00 0.00 70,166.90 11,078,984.00
F 161505AJ1 24,373,766.00 24,373,766.00 0.00 154,367.18 0.00 0.00 154,367.18 24,373,766.00
G 161505AK8 17,726,375.00 17,726,375.00 0.00 112,267.04 0.00 0.00 112,267.04 17,726,375.00
H 161505AL6 11,078,984.00 11,078,984.00 0.00 69,097.93 0.00 0.00 69,097.93 11,078,984.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL 443,159,375.00 434,684,444.06 456,109.37 2,744,388.69 0.00 0.00 3,200,498.06 434,228,334.69
Original Beginning Prepayment Ending
Class Cusip # Notional Notional Interest Penalties Total Notional
Balance Balance Distribution (PP/YMCI) Distribution Balance
<S> <C> <C> <C> <C> <C> <C> <C>
X 161505AD4 443,159,377.53 434,684,446.59 297,253.02 0.00 297,253.02 434,228,337.22
Factor Information Per $1000
Class Cusip # Principal Interest End Prin Pass Thru Rate
Distribution Distribution Balance
<S> <C> <C> <C> <C> <C>
A1 161505AA0 2.39187684 6.05186979 953.16651074 7.60000%
A2 161505AB8 0.00000000 6.33333337 1000.00000000 7.60000%
P 161505AC6 1.35234185 0.00000082 973.26249392 0.00000%
B 161505AE2 0.00000000 6.33333353 1000.00000000 7.60000%
C 161505AF9 0.00000000 6.33333321 1000.00000000 7.60000%
D 161505AG7 0.00000000 6.33333335 1000.00000000 7.60000%
E 161505AH5 0.00000000 6.33333345 1000.00000000 7.60000%
F 161505AJ1 0.00000000 6.33333314 1000.00000000 7.60000%
G 161505AK8 0.00000000 6.33333324 1000.00000000 7.60000%
H 161505AL6 0.00000000 6.23684717 1000.00000000 7.60000%
R 0.00000000 0.00000000 0.00000000 0.00000%
Factor Information Per $1000 Pass Througn Rate
Class Cusip # Interest Ending Notional Current Pass Next Pass
Distribution Balance Through Rate Through Rate
X 161505AD4 0.67075873 979.84688858 0.82060% 0.82059%
DIST DATE: 20-APR-1998 PAGE: 2
RECORD DATE: 31-MAR-1998
Sec 4.02 (a) (iii) P & I Advances 182,559.98
Sec 4.02 (a) (iv) Servicing Compensation 49,261.03
Sec 4.02 (a) (v) Aggregate Stated Prinicioal Balance Beginning Balance Ending Balance
Mortgage Loans 431,656,337.88 431,203,635.00
REO Loans Outstand 3,028,108.71 3,024,702.22
Sec 4.02 (a) (vi) Aggregate Number of Mongage Loans
Aggregate Mortgage Principal Balance 434,228,337.22
Weighted Average Remaining Term to Maturity 92.70
Weighted Average Mortgage Rate 8.53411%
Sec 4.02(a) (vii) Loans Delinquent Period Number Aggregate Principal
Balance
1 Month 0 0.00
2 Months 0 0.00
3 Months or more 0 0.00
In Foreclosure 0 0.00
Sec 4.02(a) (viii) Appraisal Value of REO Property 4,450,000.00
Sec 4.02 (a) (ix) Available Distribution Amount 3,497,751.08
Sec 4.02 (a) (x) Accrued Certificate Interest Class Accrued Cert InterCert Deferred Interest
A1 1,149,855.26 0.00
A2 781,666.35 0.00
B 168,400.57 0.00
C 140,333.80 0.00
D 98,233.66 0.00
E 70,166.80 0.00
F 154,367.18 0.00
G 112,267.04 0.00
H 70,166.90 0.00
X 297,253.02 0.00
Sec 4.02 (a) (xiii) Scheduled Principal Distribution Amount 456,109.37
Sec 4.02 (a) (xiii) Unscheduled Pnncipal Distrinution Amount
Sec 4.02 (a) (xvi) Appraisal Reduction Amounts Loan Number Appraisal Reductions Appraisal Reductions
Effected Amounts
Sec 4.02 (a) (xvii) Number of Loans Extended or Modified
Sec 4.02 (a) (xvii) Stated Principal Balance of Mortgage Loans Extended or Modified
Sec 4.02 (a) (xviii)Class Unpaid Interest Shortfall Class Current Unpaid Cumulative Unpaid
Interest ShortfallInterest Shortfall
A1 0.00 0.00
A2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 1,068.97 3,236.77
X 0.00 0.00
Sec 4.02 (a) (xix) Distribution to Residual Certificates
</TABLE>
<PAGE>
<TABLE>
RUN DATE:04/16/98 10:38:56 Chase Commercial Mortgage Securities Corp. Page 1
DIST. DATE: 20-APR-1998 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-MAR-1998
Series 1996-2
Monthly Certificate Holders Report
<CAPTION>
CLAS CUSIP BEG. BALANCE PRIN. DIST. INT. DIST. PREP PENAL COLL DEFICIT TOTAL DIST END BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 161505AN2 51,646,182.42 164,114.03 288,357.85 0.00 0.00 452,471.88 51,482,068.39
A-2 161505AP7 128,080,472.00 0.00 736,462.71 0.00 0.00 736,462.71 128,080,472.00
B 161505AQ5 17,027,021.00 0.00 97,905.37 0.00 0.00 97,905.37 17,027,021.00
C 161505AR3 15,717,250.00 0.00 90,374.19 0.00 0.00 90,374.19 15,717,250.00
D 161505AS1 13,097,708.00 0.00 75,311.82 0.00 0.00 75,311.82 13,097,708.00
E 161505AT9 5,239,083.00 0.00 30,124.73 0.00 0.00 30,124.73 5,239,083.00
F 161505AV4 13,097,708.00 0.00 75,311.82 0.00 0.00 75,311.82 13,097,708.00
G 161505AW2 9,168,396.00 0.00 52,718.28 0.00 0.00 52,718.28 9,168,396.00
H 161505AX0 6,548,854.00 0.00 37,655.91 0.00 0.00 37,655.91 6,548,854.00
R N/A 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 161505AU6 259,622,676.06 0.00 317,243.16 0.00 0.00 317,243.16 259,458,562.03
TOTAL: 259,622,674.42 164,114.03 1,801,465.84 0.00 0.00 1,965,579.87 259,458,560.39
1
RUN DATE:04/16/98 10:38:56 Chase Commercial Mortgage Securities Corp. Page 2
DIST. DATE: 20-APR-1998 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-MAR-1998
Series 1996-2
Monthly Certificate Holders Report
<CAPTION>
CLAS CUSIP ACCR INT PRIN FACTOR INT FACTOR E. BAL FACTOR CURR RATE NEXT RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 161505A 288,357.85 3.04040591 5.34216917 953.76601910 6.70000 6.70000
A-2 161505A 736,462.71 0.00000000 5.74999997 1,000.00000000 6.90000 6.90000
B 161505A 97,905.37 0.00000000 5.74999996 1,000.00000000 6.90000 6.90000
C 161505A 90,374.19 0.00000000 5.75000016 1,000.00000000 6.90000 6.90000
D 161505A 75,311.82 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
E 161505A 30,124.73 0.00000000 5.75000052 1,000.00000000 6.90000 6.90000
F 161505A 75,311.82 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
G 161505A 52,718.28 0.00000000 5.75000033 1,000.00000000 6.90000 6.90000
H 161505A 37,655.91 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
R N/A 0.00 0.00000000 0.00000000 0.00000000 0.00000 0.00000
X 161505A 0.00 0.00000000 1.21106363 990.47313495 1.46633 1.46635
TOTAL: 1,484,222.68
1
RUN DATE:04/16/98 10:38:56 Chase Commercial Mortgage Securities Corp. Page 3
DIST. DATE: 20-APR-1998 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-MAR-1998
Series 1996-2
Monthly Certificate Holders Report
P & I Advances 83,929.49
Servicing Compensation 21,361.01
Trustee Compensation 1,860.72
Beginning Balance(Mortgage Loans) 259,622,676.06
Ending Balance(Mortgage Loans) 259,458,562.03
Beginning Balance(REO Loans) 0.00
Ending Balance(REO Loans) 0.00
Aggregate Number of Mortgage Loans 96
Aggregate Mortgage Principal Balance 259,458,562.03
Weighted Average Remaining Term to Maturity 94.96
Weighted Average Mortgage Rate 8.43399%
# of Loans Delinquent(1 month) 1
Balance of Loans Delinquent(1 month) 3,268,258.56
# of Loans Delinquent(2 month) 0
Balance of Loans Delinquent(2 month) 0.00
# of Loans Delinquent(3 month) 1
Balance of Loans Delinquent(3 month) 3,313,706.60
# of Loans Delinquent(In Foreclosure) 0
Balance of Loans Delinquent(In Foreclosure) 0.00
Appraisal Value of REO Property 0.00
Available Distribution Amount 1,965,579.96
Scheduled Principal Distribution Amount 164,114.03
Unscheduled Principal Distribution Amount 0.00
</TABLE>
<PAGE>
<TABLE>
Chase Commercial Mortgage Securities Corp. Page 1
DIST. DATE 20-APR-1998 Commercial MortgagePass-Through Certificates
REC. DATE 31-MAR-1998
Series 1997-1
Monthly Certificate Holders Report
<CAPTION>
CLASS CUSIP BEG. BALANCE PRIN. DIST. INT. DIST. PREP PENAL COLL DEFICIT TOTAL DIST END BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 161505AY8 95,898,666.90 541,867.66 580,986.09 0.00 0.00 1,122,853.75 95,356,799.24
A-2 161505AZ5 283,717,991.00 0.00 1,742,501.33 0.00 0.00 1,742,501.33 283,717,991.00
B 161505BB7 26,688,749.00 0.00 163,913.40 0.00 0.00 163,913.40 26,688,749.00
C 161505BC5 26,688,749.00 0.00 163,913.40 0.00 0.00 163,913.40 26,688,749.00
D 161505BD3 29,357,624.00 0.00 180,304.74 0.00 0.00 180,304.74 29,357,624.00
E 161505BE1 10,675,500.00 0.00 65,565.36 0.00 0.00 65,565.36 10,675,500.00
F 161505BF8 29,357,624.00 0.00 180,304.74 0.00 0.00 180,304.74 29,357,624.00
G 161505BG6 5,337,750.00 0.00 32,782.68 0.00 0.00 32,782.68 5,337,750.00
H 161505BH4 8,006,625.00 0.00 49,174.02 0.00 0.00 49,174.02 8,006,625.00
I 161505BJ0 13,344,374.00 0.00 81,626.48 0.00 0.00 81,626.48 13,344,374.00
R N/A 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LR N/A 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 161505BA9 529,073,652.90 0.00 615,815.91 0.00 0.00 615,815.91 528,531,785.24
TOTAL: 529,073,652.90 541,867.66 529,615,520.56 0.00 0.00 1,059,231,041.12 528,531,785.24
Chase Commercial Mortgage Securities Corp. Page 2
DIST. DATE 20-APR-1998 Commercial MortgagePass-Through Certificates
REC. DATE 31-MAR-1998
Series 1997-1
Monthly Certificate Holders Report
CLAS CUSIP ACCR INT PRIN FACTOR INT FACTOR E. BAL FACTOR CURR RATE NEXT RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 161505AY8 580,986.09 5.386358449 5.775209642 947.880708151 7.27000000 7.27000000
A-2 161505AZ5 1,742,501.33 0.000000000 6.141666667 1000.000000000 7.37000000 7.37000000
B 161505BB7 163,913.40 0.000000000 6.141666667 1000.000000000 7.37000000 7.37000000
C 161505BC5 163,913.40 0.000000000 6.141666667 1000.000000000 7.37000000 7.37000000
D 161505BD3 180,304.74 0.000000000 6.141666667 1000.000000000 7.37000000 7.37000000
E 161505BE1 65,565.36 0.000000000 6.141666667 1000.000000000 7.37000000 7.37000000
F 161505BF8 180,304.74 0.000000000 6.141666667 1000.000000000 7.37000000 7.37000000
G 161505BG6 32,782.68 0.000000000 6.141666667 1000.000000000 7.37000000 7.37000000
H 161505BH4 49,174.02 0.000000000 6.141666667 1000.000000000 7.37000000 7.37000000
I 161505BJ0 81,956.70 0.000000000 6.116920991 1000.000000000 7.37000000 7.37000000
R N/A 0.00 0.000000000 0.000000000 0.000000000 0.00000000 0.00000000
LR N/A 0.00 0.000000000 0.000000000 0.000000000 0.00000000 0.00000000
X 161505BA9 615,815.91 0.000000000 1.153699449 990.177132879 1.39674143 1.39663871
TOTAL: 3,857,218.37
</TABLE>
Chase Commercial Mortgage Securities Corp.
DIST. DATE 20-APR-1998 Commercial MortgagePass-Through Certificates
REC. DATE 31-MAR-1998
Page 3 Series 1997-1
Monthly Certificate Holders Report
P & I Advances 662,247.56
Servicing Compensation 36,973.12
Trustee Compensation 2,821.73
Special Servicing Compensation 330.22
Beginning Balance(Mortgage Loans) 529,073,652.17
Ending Balance(Mortgage Loans) 528,531,784.51
Beginning Balance(REOLoans) 0.00
Ending Balance(REO Loans) 0.00
Aggregate Number of Mortgage Loans 107
Aggregate Mortgage Principal Balance 528,531,784.51
Weighted Average Remaining Term to Maturity 111.52
Weighted Average Mortgage Rate 8.8528470
# of Loans Delinquent(1 month) 0.00
Balance of Loans Delinquent(1 month) 0.00
# of Loans Delinquent(2 month) 0.00
Balance of Loans Delinquent(2 month) 0.00
# of Loans Delinquent(3 month) 1.00
Balance of Loans Delinquent(3 month) 1,728,589.98
# of Loans Delinquent(In Foreclosure) 0.00
Balance of Loans Delinquent(In Foreclosure) 0.00
Appraisal Value of REO Property 0.00
Available DistributionAmount 4,398,755.81
Scheduled Principal Distribution Amount 541,867.66
Unscheduled PrincipalDistribution Amount 0.00
CHASE COMMERCIAL MORTGAGE SECURITIE
DIST.DATE: 20-APR-1998 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
REC.DATE: 31-MAR-1998
Page: 8
Series 1997-1
MonthlyCertificateHolders Report
Advance Summary
<TABLE>
<CAPTION>
<S> <C>
Master Servicer Unreimbursed P&I AdvancesOutstanding(Cumulative) 662,247.56
Interest Accrued & Payable to Master Service in Respect of Advances Made 754,792.42
Accrued Interest Paid toServicer in Respect of Advances Made 0.00
Servicing Fee Breakdown
Current Period Accrued Servicing Fees 43,133.26
Less Delinquent ServicingFees 6,160.14
Plus Additional ServicingFees 0.00
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 0.00
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 36,973.12
ACCRUED PREPAYMENT BEGINNING TOTAL ENDING
CERTIFICATE INTEREST UNPAID INTEREST INTEREST UNPAID
CLASS INTERST SHORTFALL INTEREST LOSS EXPENSES PAYABLE DISTRIBUTABLE INTEREST
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 580,986.09 0.00 0.00 0.00 0.00 580,986.09 580,986.09 0.00
A-2 1,742,501.33 0.00 0.00 0.00 0.00 1,742,501.33 1,742,501.33 0.00
B 163,913.40 0.00 0.00 0.00 0.00 163,913.40 163,913.40 0.00
C 163,913.40 0.00 0.00 0.00 0.00 163,913.40 163,913.40 0.00
D 180,304.74 0.00 0.00 0.00 0.00 180,304.74 180,304.74 0.00
E 65,565.36 0.00 0.00 0.00 0.00 65,565.36 65,565.36 0.00
F 180,304.74 0.00 0.00 0.00 0.00 180,304.74 180,304.74 0.00
G 32,782.68 0.00 0.00 0.00 0.00 32,782.68 32,782.68 0.00
H 49,174.02 0.00 0.00 0.00 0.00 49,174.02 49,174.02 0.00
I 81,956.70 0.00 0.00 0.00 0.00 81,956.70 81,626.48 330.22
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LR 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 615,815.91 0.00 0.00 0.00 0.00 615,815.91 615,815.91 0.00
TOTAL 3,857,218.37 0.00 0.00 0.00 0.00 3,857,218.37 3,856,888.15 330.22
</TABLE>
<PAGE>
<TABLE>
- ------------------------------------------------------------------------------------------------------------------------------------
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1997-2
DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE: 20-Apr-1998
RECORD DATE: 31-Mar-1998
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Collateral
Original Beginning Prepayment Support Total Ending
Class Cusip# Certificate Certificate Principal Interest Penalties Deficit Distribution Principal
Balance Balance Distribution Distribution (PP/YMC) (Allocation/ Balance
Reimb)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
A-1 161505BK7 196,000,000.00 193,753,691.39 693,978.16 1,041,426.09 0.00 0.00 1,735,404.25 193,059,713.23
A-2 161505BL5 390,074,509.00 390,074,509.00 0.00 2,145,409.80 0.00 0.00 2,145,409.80 390,074,509.00
B 161505BN1 32,559,695.00 32,559,695.00 0.00 179,078.32 0.00 0.00 179,078.32 32,559,695.00
C 161505BP6 48,839,542.00 48,839,542.00 0.00 268,617.48 0.00 0.00 268,617.48 48,839,542.00
D 161505BQ4 44,769,581.00 44,769,581.00 0.00 246,232.70 0.00 0.00 246,232.70 44,769,581.00
E 161505BR2 12,209,885.00 12,209,885.00 0.00 67,154.37 0.00 0.00 67,154.37 12,209,885.00
F 161505BS0 48,839,542.00 48,839,542.00 0.00 268,617.48 0.00 0.00 268,617.48 48,839,542.00
G 161505BT8 6,104,943.00 6,104,943.00 0.00 33,577.19 0.00 0.00 33,577.19 6,104,943.00
H 161505BU5 12,209,886.00 12,209,886.00 0.00 67,154.37 0.00 0.00 67,154.37 12,209,886.00
I 161505BV3 8,139,924.00 8,139,924.00 0.00 44,769.58 0.00 0.00 44,769.58 8,139,924.00
J 161505BW1 14,244,866.00 14,244,866.00 0.00 78,346.76 0.00 0.00 78,346.76 14,244,866.00
R N/A N/A N/A N/A 55.96 0.00 0.00 55.96 0.00
LR N/A N/A N/A N/A 0.00 0.00 0.00 0.00 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
TOTALS 813,992,373.00 811,746,064.39 693,978.16 4,440,440.10 0.00 0.00 5,134,418.26 811,052,086.23
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Original Beginning Prepayment Total Ending
Class Cusip# Notional Notional Interest Penalties Distribution Notional
Balance Balance Distribution (PP/YMC) Balance
<S> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
A-1 Component 196,000,000.00 193,753,691.39 N/A N/A N/A 193,059,713.23
WAC Component 813,992,373.00 811,746,064.39 N/A N/A N/A 811,052,086.23
X 161505BM3 813,992,373.00 811,746,064.39 1,077,903.01 0.00 1,077,903.01 811,052,086.23
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
FACTOR INFORMATION PER $1,000
- ------------------------------------------------------------------------------------------------------------
Principal Interest End. Principal Pass Through
Class Cusip# Distribution Distribution Balance Rate
- ------------------------------------------------------------------------------------------------------------
A-1 161505BK7 3.5407048980 5.3133984246 984.9985368878 6.4500000%
A-2 161505BL5 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
B 161505BN1 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
C 161505BP6 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
D 161505BQ4 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
E 161505BR2 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
F 161505BS0 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
G 161505BT8 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
H 161505BU5 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
I 161505BV3 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
J 161505BW1 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
R N/A N/A N/A N/A N/A
LR N/A N/A N/A N/A N/A
- ------------------------------------------------------------------------------------------------------------
FACTOR INFORMATION PER $1,000
- ------------------------------------------------------------------------------------------------------------
Interest Ending Notional Current Pass Next Pass
Class Cusip# Distribution Balance Through Rate Through Rate
- ------------------------------------------------------------------------------------------------------------
A-1 Component N/A N/A 0.1500000% 0.15000000%
WAC Component N/A N/A 1.5576553% 1.55767182%
X 161505BM3 1.3242176 996.3878202 1.5934584% 1.59334672%
- ------------------------------------------------------------------------------------------------------------
====================================================================================================================================
</TABLE>
