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)
June 2, 1997
ContiSecurities Asset Funding Corp.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-19427 13-2937238
- ----------------------------- -------------- -------------------
(State or Other Jurisdiction) (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
277 Park Avenue
New York, New York 10172
- -------------------------------------------- --------------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (212) 207-2800
--------------
No Change
-------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
In connection with the offering of ContiMortgage Home Equity Loan
Pass-Through Certificates, Series 1997-3, certain "Computational Materials"
within the meaning of the May 20, 1994 Kidder, Peabody No-Action Letter and the
February 17, 1995 Public Securities Association No-Action Letter were furnished
to certain prospective investors (the "Related Computational Materials").
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
99.1 Related Computational Materials provided by Morgan Stanley
& Co. in connection with sales efforts.
99.2 Related Computational Materials provided by Credit Suisse
First Boston in connection with sales efforts.
99.3 Related Computational Materials provided by Lehman Brothers,
Inc. in connection with sales efforts.
99.4 Related Computational Materials provided by Greenwich
Capital Markets in connection with sales efforts.
99.5 Related Computational Materials provided by Bear Stearns &
Co. Inc. in connection with sales efforts.
99.6 Related Computational Materials provided by Merrill Lynch &
Co. in connection with sales efforts.
<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 hereunto duly authorized.
CONTISECURITIES ASSET FUNDING CORP.,
as Depositor
By: /s/ James E. Moore
-------------------------------------
Name: James E. Moore
Title: President
By: /s/ Jerome M. Perelson
-------------------------------------
Name: Jerome M. Perelson
Title: Vice President
Dated: June 3, 1997
<PAGE>
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit No. Description Page No.
<S> <C> <C>
99.1 Related Computational Materials provided by Morgan Stanley
& Co. in connection with sales efforts.
99.2 Related Computational Materials provided by Credit Suisse
First Boston in connection with sales efforts
99.3 Related Computational Materials provided by Lehman Brothers,
Inc. in connection with sales efforts.
99.4 Related Computational Materials provided by Greenwich
Capital Markets in connection with sales efforts.
99.5 Related Computational Materials provided by Bear Stearns &
Co. Inc. in connection with sales efforts.
99.6 Related Computational Materials provided by Merrill Lynch &
Co. in connection with sales efforts.
</TABLE>
EXHIBIT 99.1
- --------------------------------------------------------------------------------
--------------------
$1,265,000,000
ContiMortgage
Home Equity Loan Trust 1997-3
Home Equity ABS
--------------------
Computational Materials
- --------------------------------------------------------------------------------
INVESTORS MUST READ THIS PAGE BEFORE PROCEEDING TO THE TEXT. This
information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request.
These materials do not constitute an offer to buy or sell or a solicitation
of an offer to buy or sell any security or instrument or to participate in any
particular trading strategy. ANY SUCH OFFER TO BUY OR SELL ANY SECURITY WOULD BE
MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS SUPPLEMENT PREPARED BY
THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT CONTAINED IN THESE
MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL CONTAIN ALL MATERIAL
INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY AND ANY DECISION TO
INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE UPON SUCH PROSPECTUS
AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT NOT DEFINED HEREIN ARE
TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. In the
event of any such offering, these materials, including any description of the
closed-end mortgage loans contained herein, shall be deemed superseded, amended
and supplemented in their entirety by such Prospectus and Prospectus Supplement.
To Our Readers Worldwide: In addition, please note that this information
has been provided by Morgan Stanley & Co. Incorporated and approved by Morgan
Stanley & Co. International Limited, a member of the Securities and Futures
Authority, and Morgan Stanley Japan Ltd. We recommend that investors obtain the
advice of their Morgan Stanley & Co. International Limited or Morgan Stanley
Japan Ltd. representative about the investment concerned. NOT FOR DISTRIBUTION
TO PRIVATE CUSTOMERS AS DEFINED BY THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Transaction Highlights(1)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Final
Scheduled
Class Class Size Expected Ratings Average Payment Payment Spread to
(2) ($ millions) Tranche Type (Moody's/Fitch/S&P) Life (3,4) Date Window (3,4) Day Count Benchmark
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 130 Fixed Sequential Aaa/AAA/AAA 0.50 years/MAT 4/15/07 7/97-4/98 / 10 mo. 30/360
A-2 135 Fixed Sequential Aaa/AAA/AAA 1.15 years/MAT 5/15/12 4/98-11/98 / 8 mo. 30/360
A-3 215 Fixed Sequential Aaa/AAA/AAA 2.04 years/MAT 5/15/12 11/98-2/00 / 16 mo. 30/360
A-4 73 Fixed Sequential Aaa/AAA/AAA 3.04 years/MAT 5/15/12 2/00-12/00 / 11 mo. 30/360
A-5 71 Fixed Sequential Aaa/AAA/AAA 4.05 years/MAT 8/15/13 12/00-2/02 / 15 mo. 30/360
A-6 36 Fixed Sequential Aaa/AAA/AAA 5.04 years/MAT 3/15/15 2/02-12/02 / 11 mo. 30/360
A-7 65 Fixed Sequential Aaa/AAA/AAA 7.10 years/MAT 5/15/24 12/02-2/07 / 51 mo. 30/360
A-8 38.6 Fixed Sequential Aaa/AAA/AAA 12.27 years/MAT 8/15/28 2/07-5/12 / 64 mo. 30/360
A-9 68 Fixed Lockout Aaa/AAA/AAA 6.51 years/MAT 8/15/28 8/00-5/12 / 142 mo. 30/360
M-1F 54.337 Fixed Mezzanine Aa2/AA/AA 5.85 years/MAT 8/15/28 7/00-8/10 / 122 mo. 30/360
M-2F 49.613 Fixed Mezzanine A3/A/A- 5.62 years/MAT 8/15/28 7/00-10/08 / 100 mo. 30/360
B-1F 9.45 Fixed Subordinate Baa3/BBB/BBB- 4.90 years/MAT 8/15/28 7/00-9/04 / 51 mo. 30/360
A-10 259.2 Floater Aaa/AAA/AAA 2.03 years*/CALL 8/15/28 7/97-1/05 / 91* mo. Actual/360
M-1A 25.6 Floater Mezzanine Aa2/AA/AA 5.01 years*/CALL 8/15/28 9/00-1/05 / 53* mo. Actual/360
M-2A 20 Floater Mezzanine A2/A/A- 4.96 years*/CALL 8/15/28 8/00-1/05 / 54* mo. Actual/360
B-1A 15.2 Floater Subordinate Baa3/BBB/BBB- 4.81 years*/CALL 8/15/28 7/00-1/05 / 55* mo. Actual/360
A-11IO -- Interest Only Aaa/AAA/AAA Morgan Stanley Sole Managed
- ------------------------------------------------------------------------------------------------------------------------------------
Total $1.265 -- -- -- -- -- -- --
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) The information presented is based on a representative cut-off pool as of
the 5/9/97 statistical calculation date.
(2) Class A-1 through A-9, M-1F, M-2F, and B-1F are backed by the fixed rate
loan pool; Classes A-10, M-1A, M-2A, and B-1A are backed by the ARM loan
pool.
(3) See "Pricing Prepayment Speed" below.
(4) Fixed Rate tranches are priced to maturity; Adjustable Rate tranches are
priced to call. The spread to LIBOR of the AAA ARM certificates doubles
after the clean-up call date and the spread to LIBOR of the subordinate
ARM certificates increases 1.5 times after the clean-up call date.
* To call
<TABLE>
<S> <C>
Seller and Servicer: ContiMortgage Corporation
Trustee: Manufacturers and Traders Trust Company
Managers: MORGAN STANLEY DEAN WITTER (lead manager), ContiFinancial Services Corporation, Bear
Stearns, Credit Suisse First Boston, Greenwich Capital Markets, Lehman Brothers, Merrill Lynch
(co-managers)
Fixed Rate Certificate All classes are priced at 125% of the prepayment assumption ("PPM"). 100% PPM describes
Pricing Prepayment Speed: prepayments starting at 4.0% CPR in month 1, increasing by 1.455% CPR per month to 20% CPR in
month 12, and remaining at 20% CPR thereafter.
Adjustable Rate Certificate
Pricing Prepayment Speed: Constant 30% CPR.
Expected Pricing Date: June 4-5, 1997.
Expected Settlement: June 12, 1997 through DTC, Euroclear or CEDEL.
Distribution Dates: The 15th of each month, beginning July 15, 1997.
Optional Call: 10% Clean-up call (10% of original aggregate loan balances).
Net Available Funds Cap: The adjustable rate certificates will be subject to an available
funds cap equal to the weighted average coupon rate of the
adjustable rate home equity loans less [1.01%] per annum
(comprised of a 0.50% servicing fee, 0.01% trustee fee and a 0.50%
carve out).
Tax Status: REMIC
ERISA Eligibility: The Class A certificates are ERISA eligible.
SMMEA Eligibility: Classes A-10 and M-1A are SMMEA eligible.
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Credit Enhancement for Fixed Rate Certificates
o Class A1-A9 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1F, M-2F, and B-1F certificates, totaling 12.0%
of the original loan amount.
o Class M-1F, M-2F, and B-1F Credit Enhancement:
1. Excess cash
2. Class M-1F is further enhanced by 6.25% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2F is further enhanced by 1.00% in subordinate certificates and
O/C building up to 1.0%; 4. Class B-1F is enhanced by O/C building up to
1.0%.
Credit Enhancement for Floating Rate Certificates
o Class A-10 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1A, M-2A, and B-1A certificates, totaling 19.0%
of the original loan amount.
o Class M-1A, M-2A, and B-1A Credit Enhancement:
1. Excess cash
2. Class M-1A is further enhanced by 11.00% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2A is further enhanced by 4.75% in subordinate certificates and
O/C building up to 1.0%;
4. Class B-1A is enhanced by O/C initially building up to 1.0%.
Overcollateralization
1. Before the stepdown date, overcollateralization initially builds to 1.0%
of the original loan amount for both loan groups (subject to performance
triggers);
2. On and after the step-down date to 2.0% of the outstanding loan balance
for the fixed rate group and 2.5% of the outstanding loan balance for
the adjustable rate group (subject to performance triggers);
3. Step down overcollateralization amount subject to floors of 0.50% of the
original loan amount for both loan groups (subject to performance
triggers).
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Interest Cashflow Priority
o Interest Collections (net of Servicing) will be allocated in the following
priority:
Fixed Rate Cashflows
1. Trustee fee
2. Senior bonds (Class A-1 through A-9 + A-11IO) current interest plus
unpaid interest shortfalls
3. M-1F current interest
4. M-2F current interest
5. B-1F current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Floating Rate Cashflows
1. Trustee Fee
2. Senior bond (Class A-10) current interest plus unpaid interest
shortfalls
3. M-1A current interest
4. M-2A current interest
5. B-1A current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Principal Cashflow Priority
o Collections of Principal before the stepdown date (July 2000), or during a
trigger event, will be allocated in the following priority:
Fixed Rate Cashflows
1. Pay A-9 according to the following Lockout Percentage:
July 1997 - June 2000 0%
July 2000 - June 2002 45%
July 2002 - June 2003 80%
July 2003 - June 2004 100%
July 2004 - 300%
2. Pay Classes A-1 through A-8 sequentially
3. Pay M-1F, M-2F, then B-1F (if Class A certificates are retired in
full)
Floating Rate Cashflows
1. Pay Class A-10
2. Pay M-1A, M-2A, then Class B-1A (if Class A certificates are retired
in full)
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
o Collections of Principal on and after the stepdown date (July 2000), and if
no trigger event is in effect will be allocated in the following priority:
(cont.)
Fixed Rate Cashflows
Pay Class A bonds, Class M-1F, Class M-2F, and Class B-1F pro-rata in
accordance with enhancement targets, equal to 2.0 times the initial
enhancement for each class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 74% 26.0%
Class M-1F 11.5 14.5
Class M-2F 10.5 4.0
Class B-1F 2.0 2.0
Overcollateralization 2.0
---
100%
Collections of Principal on and after the stepdown date (and if no trigger
event is in effect) will be allocated in the following priority (cont.):
Floating Rate Cashflows
Pay Class A-10, M-1A, M-2A, and B-1A pro-rata in accordance with
enhancement targets equal to 2.5 times the initial enhancement for each
class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 50% 50.0%
Class M-1A 20 30.0
Class M-2A 15.625 14.375
Class B-1A 11.875 2.5
Overcollateralization 2.500
-----
100.000%
o Stepdown Date
- Stepdown Date is the earlier to occur of (i) the later of (x) three
years (July 2000) or (y) when cred enhancement reaches its target level
and (ii) when the Class A Certificates are retired in full.
o Trigger Events
- [To be finalized with the rating agencies]
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral Description
o Collateral statistics are based on a representative pool as of the May 9,
1997 statistical calculation date. The actual statistics may vary.
<TABLE>
<CAPTION>
ARM Portfolio Fixed Rate Portfolio
------------- --------------------
<S> <C> <C>
Total Outstanding Balance: $242,803,817.10 $669,071,981.76
Number of Loans: 3,020 11,095
Average Remaining $80,398.61 (range: $9,996 - $431,053) $60,303.92 (range: $5,900 - $406,250)
Balance:
Interest Rate Index: o 52.65% 6-month LIBOR o 100.00% fixed rate loans
o 40.67% 2/28 adjustment
o 6.68% 3/27 adjustment
Amortization Method: 100.00% fully amortizing 47.97% fully amortizing / 52.03% balloons
WA Gross Coupon: 10.19% (range: 5.99% - 15.10%) 11.54% (range: 7.63% - 18.99%)
WA Gross Margin /
WA Life Cap: 6.51% Margin / 16.45% Cap N/A
WA Periodic Interest Rate 1.04% N/A
Caps:
WA Months to Roll: 13.06 months N/A
Original Weighted Average 359.09 months (range: 120 - 360 months) 221.45 months (range: 60 - 360 months)
Term:
Remaining Weighted
Average Term: 357.75 months (range: 117 - 360 months) 220.08 months (range: 54 - 360 months)
Seasoning: 1.34 months (range: 0 - 10) 1.37 months (range: 0 - 23 months)
Lien Position: 100% first 92.98% first / 7.02% second
Original CLTV Ratio: 75.11% (range: 6.38% - 100.00%) 75.77% (range: 9.09% - 100.00%)
WA Debt to Income Ratio: 39.21% (range: 2.00% - 60.00%) 38.61% (range: 1.00% - 72.00%)
Credit Grade: 49.80% A, 26.38% B, 20.92% C, 2.85% D, 0.05% M 52.92% A, 26.39% B, 15.96% C, 4.19% D, 0.53% M
Documentation: 82.58% full doc, 9.93% no income verification, 86.22% full doc, 9.06% no income verification,
7.48% no doc 4.68% no doc, 0.04% other
Property Type: 89.30% single family, 4.09% 2-4 family, 2.78% 88.71% single family, 7.37% 2-4 family, 0.94%
PUD, 3.83% other PUD, 2.98% other
Owner Occupancy: 96.29% owner occupied, 3.71% investor owned 95.76% owner occupied, 4.24% investor owned
Loan Purpose: 70.06% debt consolidation and home improvement, 83.97% debt consolidation and home
28.22% purchase, 1.72% other improvement, 13.87% purchase, 2.16% other
Geographic Distribution: MI (24.32%), CA (10.91%), OH (6.38%), CO MI (10.13%), OH (8.59%), NY (8.32%), IL
(5.00%), with all remaining states under 5.0% (6.72%), FL (6.38%), IN (5.99%), PA (5.99%),
with all remaining states under 5.0%
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 1,678 31,967,075.16 4.78 19,050.70 12.93 61.05 90.51
25,000.01 - 50,000.00 3,911 146,609,403.52 21.91 37,486.42 12.1 71.12 90.02
50,000.00 - 50,000.00 2,788 171,847,449.61 25.68 61,638.25 11.49 76.51 88.81
75,000.00 - 100,000.00 1,268 109,573,097.51 16.38 86,414.11 11.29 77.81 86.18
100,000.00 - 125,000.00 681 76,009,905.82 11.36 111,615.13 11.16 79.65 85.48
125,000.00 - 150,000.00 344 46,910,975.03 7.01 136,369.11 11.08 79.85 82.58
150,000.00 - 175,000.00 163 26,284,092.43 3.93 161,252.10 11.07 79.6 80.12
175,000.00 - 200,000.00 108 20,129,262.95 3.01 186,382.06 11.11 80.37 77.06
200,000.00 - 225,000.00 51 10,832,250.66 1.62 212,397.07 11.18 80.93 80.5
225,000.00 - 250,000.00 38 9,088,775.12 1.36 239,178.29 11.2 78.29 73.37
250,000.00 - 275,000.00 21 5,487,753.67 0.82 261,321.60 10.85 81.94 71.39
275,000.00 - 300,000.00 13 3,760,558.45 0.56 289,273.73 11.02 79.56 54.29
300,000.00 - 325,000.00 13 4,118,829.13 0.62 316,833.01 10.62 77.33 46.41
325,000.00 - 350,000.00 9 3,047,372.72 0.46 338,596.97 10.61 71.88 78.31
350,000.00 - 400,000.00 8 2,998,929.98 0.45 374,866.25 11.02 76.48 87.09
400,000.00 - 450,000.00 1 406,250.00 0.06 406,250.00 10.99 65 100
- ----------------------- - ---------- ---- ---------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 5,900.00
Max: 406,250.00
Average: 60,303.92
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Range of Coupons Count Balance Total Balance Coupon CLTV Doc
- ---------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7.01 - 8.00 5 416,919.09 0.06 83,383.82 7.87 60.1 100
8.01 - 9.00 216 17,798,712.60 2.66 82,401.45 8.79 73.94 95.75
9.01 - 10.00 1,331 101,284,126.13 15.14 76,096.26 9.74 74.97 88.83
10.01 - 11.00 2,540 177,639,225.21 26.55 69,936.70 10.67 78.09 86.04
11.01 - 12.00 2,598 163,449,855.94 24.43 62,913.72 11.6 77.38 85.62
12.01 - 13.00 2,101 110,682,242.10 16.54 52,680.74 12.58 75.62 84.74
13.01 - 14.00 1,221 58,424,779.43 8.73 47,849.94 13.58 72.99 84.5
14.01 - 15.00 635 24,317,579.43 3.63 38,295.40 14.57 68.1 84.03
15.01 - 16.00 249 9,474,574.34 1.42 38,050.50 15.46 65.77 82.88
16.01 - 17.00 132 3,621,103.62 0.54 27,432.60 16.61 58.8 97.42
17.01 - 18.00 55 1,563,775.04 0.23 28,432.27 17.45 57.66 86.4
18.01 - 19.00 12 399,088.83 0.06 33,257.40 18.54 61.53 89.48
- ----- ----- -- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 7.63
Max: 18.99
WAC: 11.54
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 60
Max: 360
Weighted Average: 221.45
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 54
Max: 360
Weighted Average: 220.08
</TABLE>
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 6,653 404,765,174.52 60.5 60,839.50 11.48 75.54 85.81
2 - 12 4,437 264,173,171.86 39.48 59,538.69 11.63 76.12 86.86
13 greater than = 5 133,635.38 0.02 26,727.08 12.46 72.33 82.4
- -- ------ ---------- ---- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== ==== ========= ===== ===== =====
Min: 0
Max: 23
Weighted Average: 1.37
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 47 842,659.38 0.13 17,928.92 12.57 60.28 78.05
10.01 - 15.00 256 5,912,208.50 0.88 23,094.56 12.11 71.51 84.91
15.01 - 20.00 358 9,087,933.27 1.36 25,385.29 12.13 70.31 84.94
20.01 - 25.00 300 8,997,068.81 1.34 29,990.23 11.96 64.94 77.03
25.01 - 30.00 290 9,768,655.70 1.46 33,685.02 11.89 62.3 83.71
30.01 - 35.00 224 7,673,279.80 1.15 34,255.71 11.78 57.88 79.87
35.01 - 40.00 253 9,858,327.06 1.47 38,965.72 12.01 55.31 77.82
40.01 - 45.00 215 8,946,027.42 1.34 41,609.43 11.73 51.81 78.85
45.01 - 50.00 437 16,990,336.67 2.54 38,879.49 12.54 51.1 67.18
50.01 - 55.00 297 14,014,587.98 2.09 47,187.16 11.82 54.44 72.78
55.01 - 60.00 515 22,855,426.84 3.42 44,379.47 11.9 59.41 70
60.01 - 65.00 674 37,847,230.64 5.66 56,153.16 12.09 63.87 65.76
65.01 - 70.00 973 56,486,817.09 8.44 58,054.28 11.82 69.12 71.19
70.01 - 75.00 1,300 82,887,084.45 12.39 63,759.30 11.56 74.23 77.72
75.01 - 80.00 2,499 168,244,615.24 25.15 67,324.78 11.33 79.51 92.43
80.01 greater than = 2,457 208,659,722.91 31.19 84,924.59 11.25 86.72 98.2
- ----- ----- -------------- ----- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 6.90
Max: 100.00
Weighted Average: 72.55
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 3 32,938.44 0 10,979.48 13.55 9.43 100
10.01 - 15.00 14 278,733.41 0.04 19,909.53 12.59 13.73 61.71
15.01 - 20.00 34 721,890.59 0.11 21,232.08 12.06 18.37 77.71
20.01 - 25.00 64 1,774,176.87 0.27 27,721.51 11.9 23.02 60.57
25.01 - 30.00 99 2,673,330.71 0.4 27,003.34 12 27.8 74.35
30.01 - 35.00 125 3,450,532.05 0.52 27,604.26 11.94 32.81 73.73
35.01 - 40.00 172 5,672,027.76 0.85 32,976.91 12.14 37.6 71.43
40.01 - 45.00 182 6,808,145.67 1.02 37,407.39 11.8 42.73 72.68
45.01 - 50.00 430 16,189,842.76 2.42 37,650.80 12.59 48.56 65.56
50.01 - 55.00 307 13,995,139.92 2.09 45,586.77 11.86 53.13 70.39
55.01 - 60.00 547 23,323,025.06 3.49 42,638.07 11.92 58.42 69.65
60.01 - 65.00 739 40,153,339.72 6 54,334.70 12.1 63.49 64.9
65.01 - 70.00 1,069 59,410,064.23 8.88 55,575.36 11.82 68.95 70.48
70.01 - 75.00 1,494 89,774,522.21 13.42 60,090.04 11.6 74.13 77.79
75.01 - 80.00 2,888 180,580,717.85 26.99 62,527.95 11.35 79.45 92.45
80.01 greater than = 2,928 224,233,554.51 33.51 76,582.50 11.31 86.53 98.16
- ----- ----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 9.09
Max: 100.00
Weighted Average: 75.77
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.00 - 4.99 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
5.00 - 9.99 4 74,438.39 0.01 18,609.60 12.42 82.34 100
10.00 - 14.99 72 1,305,459.14 0.2 18,131.38 12.3 79.84 92.14
15.00 - 19.99 224 5,340,397.70 0.8 23,841.06 12.2 78.45 90.1
20.00 - 24.99 228 5,648,625.44 0.84 24,774.67 12.2 77.54 90.47
25.00 - 29.99 200 6,090,055.29 0.91 30,450.28 11.9 75.88 81.99
30.00 - 34.99 155 5,134,482.54 0.77 33,125.69 11.89 76.82 87.88
35.00 - 39.99 120 4,715,779.79 0.7 39,298.16 11.92 75.15 82.26
40.00 - 44.99 94 3,526,871.36 0.53 37,519.91 11.71 72.65 79.19
45.00 - 49.99 74 3,459,752.57 0.52 46,753.41 11.6 73.63 83.32
50.00 - 54.99 58 2,830,106.58 0.42 48,794.94 11.64 72.71 82.58
55.00 - 59.99 31 1,578,348.80 0.24 50,914.48 11.42 69.81 83.17
60.00 - 64.99 32 1,430,279.83 0.21 44,696.24 11.89 69.8 80.44
65.00 - 69.99 25 1,050,550.11 0.16 42,022.00 11.49 72.04 100
70.00 - 74.99 29 1,347,643.24 0.2 46,470.46 11.49 71.76 85.48
75.00 - 79.99 13 765,680.83 0.11 58,898.53 11.78 66.89 78.13
80.00 - 84.99 9 592,360.94 0.09 65,817.88 11.96 75.65 100
85.00 - 89.99 13 961,557.54 0.14 73,965.96 11.2 71.87 79.71
90.00 - 94.99 11 960,853.75 0.14 87,350.34 11.48 62.14 60.57
95.00 - 99.99 4 188,131.38 0.03 47,032.85 11.9 73.03 100
- ----- ----- - ---------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0.00
Max: 97.32
Weighted Average: 39.52
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- --------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 13 866,330.15 0.13 66,640.78 11.22 68.38 21.58
5.01 - 10.00 68 2,472,171.86 0.37 36,355.47 12.13 64.23 48.87
10.01 - 15.00 265 11,202,755.56 1.67 42,274.55 11.86 69.03 71.51
15.01 - 20.00 552 23,191,475.91 3.47 42,013.54 11.8 71.14 84.5
20.01 - 25.00 855 41,954,407.95 6.27 49,069.48 11.58 73.7 87.43
25.01 - 30.00 1,215 61,480,588.72 9.19 50,601.31 11.64 74.1 88.54
30.01 - 35.00 1,499 83,998,089.72 12.55 56,036.08 11.56 74.47 87.66
35.01 - 40.00 1,687 105,578,894.05 15.78 62,583.81 11.58 75.98 84.89
40.01 - 45.00 2,090 138,409,421.02 20.69 66,224.60 11.45 76.73 84.12
45.01 - 50.00 2,537 175,054,321.58 26.16 69,000.52 11.49 77.65 89.13
50.01 - 55.00 294 22,826,271.87 3.41 77,640.38 11.39 76.85 83.41
55.01 - 60.00 18 1,925,851.16 0.29 106,991.73 11.11 78.83 100
65.01 - 70.00 1 86,908.21 0.01 86,908.21 8.45 80 100
70.01 - 75.00 1 24,494.00 0 24,494.00 15.75 50 100
------ --------- - --------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 1.00
Max: 72.00
Weighted Average: 38.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 10,927 659,004,823.54 98.5 60,309.77 11.52 75.74 86.18
30 - 59 155 9,181,682.90 1.37 59,236.66 12.48 77.38 88.81
60 - 89 13 885,475.32 0.13 68,113.49 12.27 81.21 95.83
-- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ----------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon - 15/30 5,141 347,594,280.51 51.95 67,612.19 11.87 77.34 87.3
Fixed - 30 Year 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
Fixed - 20 Year 1,667 91,666,227.51 13.7 54,988.74 11.25 74.4 86.4
Fixed - 15 Year 2,069 84,706,461.32 12.66 40,940.77 11.34 71.8 86.98
Fixed - 10 Year 465 12,915,962.53 1.93 27,776.26 11.48 65.86 88.34
Fixed - 25 Year 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
Fixed - 5 Year 60 1,273,952.13 0.19 21,232.54 11.88 60.82 86.03
Balloon - 20/30 2 232,778.50 0.03 116,389.25 12.03 87.15 100
Balloon - 10/30 2 127,900.00 0.02 63,950.00 15.2 55.09 100
Balloon - 15/20 2 67,524.22 0.01 33,762.11 13.27 58.44 100
Balloon - 7/30 1 63,958.79 0.01 63,958.79 11.2 74.37 100
Balloon - 5/30 1 49,992.25 0.01 49,992.25 14.7 72.46 100
- --------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ------ -------------- ----- --------- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1st Lien 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
2nd Lien 1,396 47,001,375.22 7.02 33,668.61 11.87 74.81 85.08
----- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon 5,149 348,136,434.27 52.03 67,612.44 11.87 77.34 87.32
Non-Balloon 5,946 320,935,547.49 47.97 53,975.03 11.17 74.06 85.04
----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Single Family Detached 9,626 574,205,997.58 85.82 59,651.57 11.54 76.1 86.68
2-4 Family 666 49,326,220.10 7.37 74,063.39 11.32 74.4 86.8
Single Family Attached 392 19,334,948.93 2.89 49,323.85 11.91 75.51 89.5
Manufactured Housing 237 11,714,999.76 1.75 49,430.38 11.62 75.19 91.96
PUD 65 6,303,530.95 0.94 96,977.40 11.51 79.29 82.64
Mixed Use 33 4,468,132.43 0.67 135,397.95 12.11 56.43 9.83
Condo 76 3,718,152.01 0.56 48,923.05 11.62 62.95 70.84
- ----- -- ------------ ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 8,954 533,432,335.35 79.73 59,574.75 11.53 75.61 86.58
Purchase 1,371 92,781,543.01 13.87 67,674.36 11.7 78.58 86.54
Debt Consol. & Home 280 15,045,889.10 2.25 53,735.32 11.91 71.26 78.13
Improve.
Other 204 14,433,278.54 2.16 70,751.37 10.49 74.74 85.33
Home Improvement 286 13,378,935.76 2 46,779.50 11.49 68.76 79.76
--- ------------- - --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Owner Occupied 10,473 640,718,092.73 95.76 61,178.09 11.53 76.22 86.5
Investor Owned 622 28,353,889.03 4.24 45,585.03 11.65 65.58 79.98
--- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 1,465 67,792,715.10 10.13 46,274.89 12.68 73.51 90.76
Ohio 1,031 57,485,788.31 8.59 55,757.31 11.16 77.48 91.91
New York 707 55,691,515.74 8.32 78,771.59 11.18 73.53 78.93
Illinois 738 44,955,215.01 6.72 60,914.93 11.52 76.33 91.81
Florida 744 42,713,914.89 6.38 57,411.18 11.57 75.51 75.95
Indiana 809 40,083,075.59 5.99 49,546.45 11.37 77.57 92.09
Pennsylvania 649 40,074,359.26 5.99 61,747.86 11.46 76 84.52
North Carolina 571 31,707,850.85 4.74 55,530.39 11.57 77.26 90.82
New Jersey 377 30,995,902.32 4.63 82,217.25 11.48 74.3 79.54
Maryland 365 25,538,205.93 3.82 69,967.69 11.18 76.02 87.34
Georgia 359 22,646,232.39 3.38 63,081.43 11.92 78.35 89.68
Massachusetts 240 19,346,021.02 2.89 80,608.42 10.97 72.57 81.39
California 183 18,076,753.69 2.7 98,780.07 10.43 72.03 77.2
South Carolina 333 16,628,527.98 2.49 49,935.52 11.6 77.01 89.04
Missouri 295 14,757,576.89 2.21 50,025.68 12.35 78.11 90.89
Kentucky 221 11,585,887.21 1.73 52,424.83 11.12 78.44 93.9
Utah 141 11,557,647.40 1.73 81,969.13 11.44 77.15 84.18
Tennessee 179 11,002,684.03 1.64 61,467.51 11.11 79.87 90.63
Colorado 138 9,863,358.95 1.47 71,473.62 11.56 79.59 89.19
Virginia 146 9,070,798.66 1.36 62,128.76 11.81 75.39 89.54
New Mexico 124 7,955,659.18 1.19 64,158.54 12.24 77.32 82.98
Minnesota 110 7,162,190.40 1.07 65,110.82 11.87 77.16 91.49
Rhode Island 86 6,427,681.82 0.96 74,740.49 11.05 78.48 83.15
Texas 99 6,281,752.50 0.94 63,452.05 11.98 77.96 88.03
Arizona 87 6,178,256.21 0.92 71,014.44 10.83 75.46 85.45
Wisconsin 122 6,124,235.11 0.92 50,198.65 11.97 75.67 92.98
Washington 76 6,062,512.59 0.91 79,769.90 10.67 72.02 67.21
Connecticut 73 5,829,525.14 0.87 79,856.51 11.09 70.78 74.2
Oregon 63 5,427,112.25 0.81 86,144.64 10.88 74.74 62.37
Kansas 69 3,451,575.19 0.52 50,022.83 12.09 79.36 87.59
Iowa 85 3,436,937.90 0.51 40,434.56 12.13 73.97 93.68
Louisiana 63 2,756,380.96 0.41 43,752.08 12.05 72.42 87.01
Delaware 35 2,650,041.23 0.4 75,715.46 11.2 74.73 73.52
District of Columbia 39 2,530,205.64 0.38 64,877.07 11.85 66.04 86.44
Nevada 22 2,081,340.96 0.31 94,606.41 11.31 78.44 90.27
Oklahoma 45 2,032,305.66 0.3 45,162.35 11.9 78.93 96.14
New Hampshire 25 1,709,586.22 0.26 68,383.45 10.17 73.29 69.86
Mississippi 36 1,580,121.10 0.24 43,892.25 12.56 76.17 85.51
Nebraska 32 1,522,828.82 0.23 47,588.40 12.04 80.74 94.47
Idaho 32 1,372,889.29 0.21 42,902.79 11.47 75.07 94.91
Hawaii 7 1,243,317.30 0.19 177,616.76 9.98 69.17 64.39
Arkansas 28 1,130,466.23 0.17 40,373.79 13.13 75.2 91.73
Montana 13 898,502.18 0.13 69,115.55 11.56 76.98 79.07
Maine 9 553,777.37 0.08 61,530.82 10.55 68.49 68.4
Wyoming 9 510,940.80 0.08 56,771.20 11.99 73.25 82.86
West Virginia 11 424,759.40 0.06 38,614.49 12.02 70.99 96.12
South Dakota 3 128,764.87 0.02 42,921.62 12.7 81.71 100
North Dakota 1 34,284.22 0.01 34,284.22 13 70 100
- --------- ---- --------- -- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Full Doc - Asset and 9,804 576,904,295.17 86.22 58,843.77 11.51 77.23 100
Income
No Income Verifier 803 60,637,147.28 9.06 75,513.26 11.59 68.97 0
No Documentation 487 31,293,728.63 4.68 64,258.17 12.01 62.09 0
Other 1 236,810.68 0.04 236,810.68 10.5 63.71 0
- ---------- ---- ---------- ---- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
A 5,220 354,079,260.89 52.92 67,831.28 10.87 78.6 84.16
B 2,970 176,591,410.33 26.39 59,458.39 11.76 75.75 87.97
C 2,163 106,799,408.03 15.96 49,375.59 12.65 71.37 92.04
D 713 28,038,323.21 4.19 39,324.44 14.25 59.13 90.15
M 29 3,563,579.30 0.53 122,882.04 12.35 57.45 0
-- ------------ ---- ---------- ----- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 115 2,356,064.74 0.97 20,487.52 11.6 55.51 80.41
25,000.01 - 50,000.00 811 31,352,128.53 12.91 38,658.60 10.84 67.95 87.27
50,000.01 - 75,000.00 817 50,562,365.09 20.82 61,887.84 10.41 74.49 89.62
75,000.01 - 100,000.00 546 47,507,669.52 19.57 87,010.38 10.22 76.14 82.52
100,000.01 - 125,000.00 301 33,617,305.11 13.85 111,685.40 10.06 76.95 81.25
125,000.01 - 150,000.00 172 23,640,005.57 9.74 137,441.89 9.92 77.88 81.64
150,000.01 - 175,000.00 83 13,503,002.81 5.56 162,686.78 9.86 77.45 81.69
175,000.01 - 200,000.00 66 12,309,379.60 5.07 186,505.75 9.85 77.7 74.21
200,000.01 - 225,000.00 43 9,106,204.67 3.75 211,772.20 9.77 77.42 65.13
225,000.01 - 250,000.00 19 4,503,522.41 1.85 237,027.50 9.43 78.28 73.43
250,000.01 - 275,000.00 15 3,892,912.47 1.6 259,527.50 9.78 77.66 79.63
275,000.01 - 300,000.00 12 3,486,570.20 1.44 290,547.52 9.46 75.02 50.48
300,000.01 - 325,000.00 8 2,484,274.70 1.02 310,534.34 9.52 83.71 100
325,000.01 - 350,000.00 5 1,697,147.27 0.7 339,429.45 10.36 75.89 80.8
350,000.00 - 400,000.00 4 1,528,462.46 0.63 382,115.62 8.64 73.49 49.05
400,000.01 - 450,000.00 3 1,256,801.95 0.52 418,933.98 9.11 73.85 100
- ---------- ---------- - ------------ ---- ---------- ---- ----- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 9,996.34
Max: 431,053.02
Average: 80,398.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Current Coupons Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5.01 - 6.00 2 151,349.00 0.06 75,674.50 5.99 82.07 50.22
6.01 - 7.00 10 1,564,256.24 0.64 156,425.62 6.85 73.71 78.29
7.01 - 8.00 45 5,259,432.57 2.17 116,876.28 7.77 74.64 72.74
8.01 - 9.00 333 34,767,586.07 14.32 104,407.17 8.69 76.1 82.42
9.01 - 10.00 797 72,764,429.14 29.97 91,297.90 9.64 76.31 82.72
10.01 - 11.00 1,014 78,025,502.93 32.14 76,948.23 10.54 75.73 84.77
11.01 - 12.00 586 37,982,962.03 15.64 64,817.34 11.52 73.49 81.99
12.01 - 13.00 152 8,392,594.80 3.46 55,214.44 12.5 69.29 74.24
13.01 - 14.00 42 2,169,173.54 0.89 51,646.99 13.44 62.24 69.21
14.01 - 15.00 38 1,679,737.39 0.69 44,203.62 14.39 58.98 88.01
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
- --------- ---- --------- ---- -- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 5.99
Max: 15.10
WAC: 10.19
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,472.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 120
Max: 360
Weighted Average: 359.09
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,572.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 117
Max: 360
Weighted Average: 357.75
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 1,813 146,025,742.31 60.14 80,543.71 10.14 74.97 82.08
2 - 12 1,207 96,778,074.79 39.86 80,180.68 10.27 75.33 83.34
----- ------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0
Max: 10
Weighted Average: 1.34
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ----- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== =============== ===== ========== ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.00 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0.00
Max: 0.00
Weighted Average: 0.00
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 2 271,450.05 0.11 135,725.03 10.23 70.36 0
5.01 - 10.00 23 1,320,458.12 0.54 57,411.22 10.91 64.62 30.18
10.01 - 15.00 44 2,298,850.23 0.95 52,246.60 10.57 64.91 60.05
15.01 - 20.00 135 7,596,425.11 3.13 56,269.82 10.42 71.16 69.33
20.01 - 25.00 222 13,812,421.00 5.69 62,218.11 10.33 73.17 84.58
25.01 - 30.00 329 21,511,996.23 8.86 65,386.01 10.4 73.03 80.08
30.01 - 35.00 394 29,230,021.36 12.04 74,187.87 10.24 75.02 85.86
35.01 - 40.00 505 40,688,050.70 16.76 80,570.40 10.2 75.67 80.82
40.01 - 45.00 571 49,542,949.05 20.4 86,765.23 10.15 75.85 81.9
45.01 - 50.00 653 59,747,778.33 24.61 91,497.36 10.15 76.34 85.72
50.01 - 55.00 127 14,288,815.16 5.88 112,510.36 9.82 75.75 87.45
55.01 - 60.00 15 2,494,601.76 1.03 166,306.78 9.43 75.98 91.75
-- ------------ ---- ---------- ---- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 2.00
Max: 60.00
Weighted Average: 39.21
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 2,972 239,197,670.33 98.51 80,483.74 10.18 75.1 82.69
30 - 59 45 3,385,380.86 1.39 75,230.69 10.93 76.36 77.87
60 - 89 3 220,765.91 0.09 73,588.64 10.12 69.84 37.37
- ---------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Index Type Count Balance Total Balance Coupon CLTV Doc
- ---------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Libor - 6 Month 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
ARM - 6 Month 1,636 127,829,808.91 52.65 78,135.58 9.99 75.11 81.83
ARM - 2 Year/6Month 1,223 98,756,977.02 40.67 80,749.78 10.38 74.79 82.91
ARM - 3 Year/6 Month 161 16,217,031.17 6.68 100,726.90 10.61 77.10 86.50
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
1st Lien 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
- - ----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
Non-Balloon 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
Single Family 2,693 215,195,077.47 88.63 79,909.05 10.21 75.16 82.98
Detached
2-4 Family 116 9,938,087.17 4.09 85,673.17 10.2 74.19 74.48
PUD 50 6,761,855.75 2.78 135,237.12 9.5 77.1 77.43
Manufactured Housing 96 5,881,752.10 2.42 61,268.25 10.4 75.05 90.52
Condo 39 3,291,977.92 1.36 84,409.69 9.83 70.12 74.87
Single Family Attached 25 1,625,066.69 0.67 65,002.67 9.92 76.68 92.88
Mixed Use 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ---- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ==== ========== ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 2,053 159,558,667.78 65.72 77,719.76 10.21 74.91 84.87
Purchase 751 68,521,979.45 28.22 91,240.98 10.09 76.09 77.66
Debt Consol. & Home 98 7,092,500.30 2.92 72,372.45 10.37 71.54 80.82
Improve.
Other 54 4,165,596.75 1.72 77,140.68 10.65 75.89 78.62
Home Improvement 64 3,465,072.82 1.43 54,141.76 10.61 71.65 82.95
-- ------------ ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
Owner Occupied 2,865 233,792,936.71 96.29 81,603.12 10.19 75.42 82.92
Investor Owned 155 9,010,880.39 3.71 58,134.71 10.16 67.12 73.77
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
Full Doc -Asset and 2,562 200,515,359.27 82.58 78,265.17 10.19 76.67 100
Income
No Income Verifier 248 24,115,154.81 9.93 97,238.53 10.18 70.23 0
No Documentation 210 18,173,303.02 7.48 86,539.54 10.24 64.39 0
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 948 59,044,777.72 24.32 62,283.52 10.82 72.82 85.43
California 204 26,498,047.33 10.91 129,892.39 9.26 76.61 75.46
Ohio 221 15,498,662.00 6.38 70,129.69 9.99 76.87 91.85
Colorado 127 12,141,063.43 5 95,598.92 10.04 74.45 78.99
Utah 112 11,482,302.62 4.73 102,520.56 9.85 76.86 89.35
Washington 104 10,797,424.13 4.45 103,821.39 9.41 75.23 69.7
Texas 104 9,967,861.20 4.11 95,844.82 10.1 75.65 78.7
Illinois 106 9,036,827.21 3.72 85,253.09 10.65 76.69 89.8
Arizona 84 7,248,456.73 2.99 86,291.15 9.92 77.81 79.86
New Mexico 71 6,942,843.56 2.86 97,786.53 10.55 75.07 59.7
Indiana 86 5,507,438.51 2.27 64,039.98 10.47 75.55 86.54
Florida 58 5,370,819.87 2.21 92,600.34 9.88 74.56 77.19
Iowa 97 4,927,714.27 2.03 50,801.18 10.61 75.11 94.15
Missouri 76 4,836,704.56 1.99 63,640.85 10.55 75.78 94.38
Maryland 40 4,152,214.27 1.71 103,805.36 9.91 76.9 94.54
Oregon 44 3,972,267.64 1.64 90,278.81 9.93 73.95 74.61
Connecticut 39 3,914,512.00 1.61 100,372.10 9.83 74.39 82.41
Wisconsin 63 3,820,818.30 1.57 60,647.91 10.44 72.87 87.3
Kentucky 42 2,975,407.72 1.23 70,843.04 9.48 79.45 91.12
Georgia 25 2,823,803.48 1.16 112,952.14 10.71 80.24 81.46
North Carolina 40 2,766,928.89 1.14 69,173.22 10.38 75.14 87.15
New York 23 2,584,022.30 1.06 112,348.80 10.11 72.69 89.3
Pennsylvania 28 2,535,309.95 1.04 90,546.78 10.45 77.46 82.48
Tennessee 23 2,512,125.37 1.03 109,222.84 10.23 80.42 93.49
Nevada 22 2,502,630.46 1.03 113,755.93 9.99 76.94 83.98
Kansas 41 2,392,621.74 0.99 58,356.63 10.73 76.51 87.16
Massachusetts 21 2,271,568.48 0.94 108,169.93 10.18 74.49 80.23
Idaho 28 2,110,608.77 0.87 75,378.88 10.06 73.01 70.85
Hawaii 10 1,797,612.92 0.74 179,761.29 9.46 68.55 74.07
New Jersey 15 1,525,613.40 0.63 101,707.56 11.08 75.43 91.48
Minnesota 21 1,434,255.43 0.59 68,297.88 10.56 71.77 72.53
Montana 10 1,220,098.26 0.5 122,009.83 9.57 76.17 67.23
Nebraska 19 1,029,848.27 0.42 54,202.54 9.94 73.04 89.62
Virginia 11 1,018,140.18 0.42 92,558.20 10.08 74.42 83.74
Oklahoma 11 879,951.14 0.36 79,995.56 10.37 78.29 68.34
Rhode Island 7 747,256.49 0.31 106,750.93 9.89 66.81 38.25
South Carolina 10 620,954.56 0.26 62,095.46 10.32 76.59 83.97
West Virginia 9 463,103.82 0.19 51,455.98 10.29 75.2 100
Wyoming 5 342,799.76 0.14 68,559.95 10.83 79.84 73.31
Arkansas 6 330,335.08 0.14 55,055.85 10.1 68.6 80.94
New Hampshire 3 237,224.02 0.1 79,074.67 9.84 74.98 100
Maine 1 155,905.49 0.06 155,905.49 8.5 75 0
District of Columbia 2 154,477.35 0.06 77,238.68 10.74 75 100
Louisiana 1 112,500.00 0.05 112,500.00 9.7 82.12 100
Delaware 1 71,969.80 0.03 71,969.80 10.25 79.56 100
South Dakota 1 25,988.62 0.01 25,988.62 10.05 65 0
----- -------------- ----- --------- ----- ----- ------
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========= ===== ===== ======
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
A 1,268 120,925,675.18 49.8 95,367.25 9.72 77.26 76.32
B 832 64,051,964.54 26.38 76,985.53 10.19 74.59 86.27
C 767 50,799,405.28 20.92 66,231.30 11.03 72.78 92.15
D 152 6,916,772.10 2.85 45,505.08 12.29 59.68 88.93
M 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Margins Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------------- ----- ---------- ------ ----- -----
0.00 - 3.99 10 1,473,802.59 0.61 147,380.26 9.27 80.49 64.42
4.00 - 4.99 86 9,626,117.65 3.96 111,931.60 9 76.58 89.86
5.00 - 5.99 700 71,159,741.41 29.31 101,656.77 9.39 76.55 84.39
6.00 - 6.99 1,045 85,097,755.46 35.05 81,433.26 10.14 76 82.64
7.00 - 7.99 798 54,367,025.07 22.39 68,129.10 10.87 73.48 81.4
8.00 - 8.99 319 17,713,584.82 7.3 55,528.48 11.79 70.31 78.45
9.00 - 9.99 59 3,290,676.97 1.36 55,774.19 12.87 67.69 70.74
10.00 - 10.99 3 75,113.13 0.03 25,037.71 14.19 55.81 72.85
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 0.000
Max: 10.750
Weighted Average: 6.510
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Initial Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<C> <C> <C> <C> <C> <C> <C> <C>
1.000 1,643 128,374,613.77 52.87 78,134.27 9.99 75.11 81.9
1.250 1 104,949.75 0.04 104,949.75 9.63 70 100
1.500 4 268,605.31 0.11 67,151.33 10.58 70.89 66.12
2.000 8 830,867.12 0.34 103,858.39 10.57 80.57 100
2.375 1 102,937.59 0.04 102,937.59 8.5 64.38 100
3.000 1,339 111,241,879.21 45.82 83,078.33 10.4 75.07 83.12
6.000 24 1,879,964.35 0.77 78,331.85 11.26 76.98 89.78
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 6.000
Weighted Average: 1.960
Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Rate Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
1.00 2,864 226,621,607.16 93.34 79,127.66 10.24 75.17 83.03
1.25 1 104,949.75 0.04 104,949.75 9.63 70 100
1.50 150 15,389,206.64 6.34 102,594.71 9.46 74.11 75.08
2.00 1 194,000.00 0.08 194,000.00 10.5 77.6 100
3.00 4 494,053.55 0.2 123,513.39 11.07 79.45 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 3.000
Weighted Average: 1.037
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Maximum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
11.01 - 12.00 1 76,000.00 0.03 76,000.00 5.99 100 100
12.01 - 13.00 6 907,890.24 0.37 151,315.04 6.88 71.97 79.61
13.01 - 14.00 33 4,206,198.18 1.73 127,460.55 7.66 75.44 77.73
14.01 - 15.00 204 21,514,455.36 8.86 105,463.02 8.58 75.93 79.48
15.01 - 16.00 728 66,982,659.77 27.59 92,009.15 9.42 76.17 83.48
16.01 - 17.00 1,054 83,802,214.33 34.51 79,508.74 10.33 75.94 85.26
17.01 - 18.00 678 46,608,172.32 19.2 68,743.62 11.21 73.64 80.92
18.01 - 19.00 210 13,407,117.17 5.52 63,843.42 12.01 72.91 77.6
19.01 - 20.00 56 3,114,355.96 1.28 55,613.50 12.98 65.5 63.25
20.01 - 21.00 40 1,758,120.67 0.72 43,953.02 14.16 62.8 89.59
21.01 - 22.00 9 379,839.71 0.16 42,204.41 14.32 53.86 72.26
22.01 - 23.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 11.990
Max: 22.100
Weighted Average: 16.447
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Minimum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C>
3.01 - 4.00 1 110,516.35 0.05 110,516.35 10.38 74.97 100
4.01 - 5.00 3 296,543.49 0.12 98,847.83 8.77 74.59 100
5.01 - 6.00 12 1,047,267.61 0.43 87,272.30 8.86 77.38 83.69
6.01 - 7.00 24 3,225,639.15 1.33 134,401.63 8.51 77.13 78.25
7.01 - 8.00 57 6,223,564.34 2.56 109,185.34 8.25 74.99 72.94
8.01 - 9.00 334 34,674,980.99 14.28 103,817.31 8.73 75.95 82.37
9.01 - 10.00 783 71,279,594.40 29.36 91,033.96 9.64 76.28 82.81
10.01 - 11.00 1,002 76,893,685.01 31.67 76,740.20 10.54 75.74 85.01
11.01 - 12.00 576 37,062,246.51 15.26 64,344.18 11.52 73.33 81.62
12.01 - 13.00 151 8,379,587.13 3.45 55,493.95 12.51 69.15 74.2
13.01 - 14.00 39 1,966,489.35 0.81 50,422.80 13.44 61.83 66.04
14.01 - 15.00 37 1,596,909.38 0.66 43,159.71 14.38 58.92 87.39
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 4.000
Max: 15.100
Weighted Average: 10.122
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Next Rate Outstanding Pct. Average Wtd. Wtd. Pct.
Adjustment Principal of Principal Avg. Avg. Full
Date Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- -----
<C> <C> <C> <C> <C> <C> <C> <C>
1997-05 6 666,319.56 0.27 111,053.26 10.07 77.98 71.47
1997-06 45 3,680,976.26 1.52 81,799.47 9.94 77.24 81.21
1997-07 72 5,683,836.40 2.34 78,942.17 10.03 77.65 85.73
1997-08 392 31,878,314.32 13.13 81,322.23 10.33 75.73 79.63
1997-09 419 30,189,928.25 12.43 72,052.33 10.05 73.81 85.04
1997-10 495 38,590,987.28 15.89 77,961.59 9.8 74.78 81.39
1997-11 199 16,443,796.84 6.77 82,632.14 9.65 75.39 79.99
1997-12 8 695,650.00 0.29 86,956.25 10.06 79.9 92.99
1998-09 1 126,375.42 0.05 126,375.42 8.9 84.95 100
1998-11 4 199,206.32 0.08 49,801.58 11.39 75.1 93.98
1998-12 7 343,041.33 0.14 49,005.90 10.44 70.82 100
1999-01 24 1,830,770.10 0.75 76,282.09 11.1 80.71 90.75
1999-02 110 10,084,825.92 4.15 91,680.24 10.42 76.61 82.84
1999-03 219 18,018,894.73 7.42 82,278.06 10.32 73.05 81.35
1999-04 429 35,286,858.69 14.53 82,253.75 10.37 74.75 81.97
1999-05 392 30,845,204.51 12.7 78,686.75 10.32 74.92 83.49
1999-06 37 2,021,800.00 0.83 54,643.24 11.32 74.66 92.71
1999-09 1 123,918.97 0.05 123,918.97 11.13 90 100
1999-12 3 389,364.30 0.16 129,788.10 10.21 73.71 100
2000-01 5 430,133.94 0.18 86,026.79 12.48 74.86 100
2000-02 15 1,118,679.59 0.46 74,578.64 11.22 76.58 87.21
2000-03 44 4,642,456.33 1.91 105,510.37 10.45 77.81 92.23
2000-04 51 4,780,653.04 1.97 93,738.29 10.62 76.61 82.73
2000-05 42 4,731,825.00 1.95 112,662.50 10.46 77.19 81.82
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min (in months): 1
Max: 35
Weighted Average: 13.06
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 7 5
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 12.81 9.69 7.10 6.26 5.27 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
Window Mnths 111 2 52 57 51 47 28 18
Class A-8
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
Start Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
End Prin 1/15/24 3/15/23 11/15/17 1/15/14 5/15/12 5/15/12 10/15/11 1/15/07
Window Mnths 33 131 67 54 64 74 93 77
Class A-9
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/09 5/15/12 5/15/12 5/15/12 5/15/12 8/15/11 9/15/07
Window Mnths 143 143 143 143 142 141 131 78
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-1F
Avg Life 18.16 11.58 9.00 7.21 5.85 5.46 5.00 4.23
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 5/15/26 8/15/16 12/15/12 5/15/12 8/15/10 8/15/09 5/15/08 5/15/05
Window Mnths 169 157 135 140 122 109 94 55
Class M-2F
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
Start Prin 5/15/12 8/15/03 10/15/00 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 7/15/25 12/15/13 5/15/12 6/15/11 10/15/08 12/15/07 11/15/06 4/15/04
Window Mnths 159 125 128 129 100 90 77 46
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.89 4.48 3.35 2.63 2.12 1.70 1.28 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 4/15/27 10/15/23 4/15/19 2/15/15 12/15/11 7/15/09 9/15/07 10/15/99
Window Mnths 358 316 262 212 174 145 123 28
Class M-1A
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 4/15/27 9/15/21 10/15/16 12/15/12 2/15/10 1/15/08 5/15/06 1/15/05
Window Mnths 49 226 184 149 114 85 61 64
Class M-2A
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 3/15/27 10/15/19 11/15/14 4/15/11 9/15/08 11/15/06 6/15/05 5/15/04
Window Mnths 48 203 161 129 98 75 57 39
Class B-1A
Avg Life 27.97 10.21 7.60 5.96 4.88 4.22 3.81 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 1/15/27 6/15/16 12/15/11 11/15/08 10/15/06 3/15/05 1/15/04 4/15/02
Window Mnths 46 163 126 100 76 57 43 22
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 8/15/99 7/15/00 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 11 5
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 11.93 9.04 6.72 6.04 5.25 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
Window Mnths 111 2 20 25 26 24 22 18
Class A-8
Avg Life 27.45 14.93 12.26 9.51 7.59 6.93 6.18 4.43
Start Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 8 1 1 1 1 1 1 6
Class A-9
Avg Life 12.09 8.07 7.28 6.73 6.23 5.95 5.56 4.46
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 143 143 111 78 54 45 35 9
Class M-1F
Avg Life 18.08 11.38 8.53 6.56 5.29 4.92 4.51 3.88
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 46 37 14
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-2F
Avg Life 17.91 11.38 8.53 6.56 5.29 4.90 4.47 3.67
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 47 38 18
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.69 4.28 3.22 2.52 2.03 1.64 1.25 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 12/15/24 5/15/12 9/15/09 12/15/04 1/15/06 8/15/03 8/15/03 10/15/99
Window Mnths 330 179 147 114 91 83 74 28
Class M-1A
Avg Life 27.23 10.18 7.75 6.06 5.01 4.73 5.14 2.75
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 53 41 28 27
Class M-2A
Avg Life 27.23 10.18 7.75 6.06 4.96 4.44 4.19 4.32
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 54 45 35 10
Class B-1A
Avg Life 27.23 9.98 7.53 5.89 4.81 4.20 3.80 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 55 47 38 18
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-1
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 86 38 13 0 0 0 0 0
6/15/99 78 0 0 0 0 0 0 0
6/15/00 70 0 0 0 0 0 0 0
6/15/01 61 0 0 0 0 0 0 0
6/15/02 50 0 0 0 0 0 0 0
6/15/03 39 0 0 0 0 0 0 0
6/15/04 27 0 0 0 0 0 0 0
6/15/05 16 0 0 0 0 0 0 0
9/15/06 3 0 0 0 0 0 0 0
6/15/07 0 0 0 0 0 0 0 0
6/15/08 0 0 0 0 0 0 0 0
6/15/09 0 0 0 0 0 0 0 0
6/15/10 0 0 0 0 0 0 0 0
6/15/11 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 4.83 0.86 0.67 0.57 0.5 0.48 0.45 0.38
</TABLE>
- -------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-2
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 89 66 56 42 0
6/15/99 100 65 14 0 0 0 0 0
6/15/00 100 2 0 0 0 0 0 0
6/15/01 100 0 0 0 0 0 0 0
6/15/02 100 0 0 0 0 0 0 0
6/15/03 100 0 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 91 0 0 0 0 0 0 0
6/15/08 77 0 0 0 0 0 0 0
6/15/09 61 0 0 0 0 0 0 0
6/15/10 43 0 0 0 0 0 0 0
6/15/11 23 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-3
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 96
6/15/99 100 100 100 78 48 36 20 0
6/15/00 100 100 56 15 0 0 0 0
6/15/01 100 67 14 0 0 0 0 0
6/15/02 100 36 0 0 0 0 0 0
6/15/03 100 10 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-4
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 4
6/15/00 100 100 100 100 36 0 0 0
6/15/01 100 100 100 34 0 0 0 0
6/15/02 100 100 57 0 0 0 0 0
6/15/03 100 100 0 0 0 0 0 0
6/15/04 100 79 0 0 0 0 0 0
6/15/05 100 47 0 0 0 0 0 0
6/15/06 100 15 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.5 1.9
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-5
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 96 38 0
6/15/01 100 100 100 100 48 17 0 0
6/15/02 100 100 100 55 0 0 0 0
6/15/03 100 100 98 0 0 0 0 0
6/15/04 100 100 49 0 0 0 0 0
6/15/05 100 100 22 0 0 0 0 0
6/15/06 100 100 0 0 0 0 0 0
6/15/07 100 82 0 0 0 0 0 0
6/15/08 100 51 0 0 0 0 0 0
6/15/09 100 22 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
6/15/12 37 0 0 0 0 0 0 0
6/15/13 5 0 0 0 0 0 0 0
8/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.19 11.12 7.22 5.17 4.05 3.7 3.14 2.24
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-6
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 0
6/15/01 100 100 100 100 100 100 50 0
6/15/02 100 100 100 100 46 0 0 0
6/15/03 100 100 100 97 0 0 0 0
6/15/04 100 100 100 14 0 0 0 0
6/15/05 100 100 100 0 0 0 0 0
6/15/06 100 100 87 0 0 0 0 0
6/15/07 100 100 31 0 0 0 0 0
6/15/08 100 100 0 0 0 0 0 0
6/15/09 100 100 0 0 0 0 0 0
6/15/10 100 88 0 0 0 0 0 0
6/15/11 100 37 0 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 41 0 0 0 0 0 0 0
3/15/15 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 16.92 13.81 9.72 6.62 5.04 4.6 4.06 2.54
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-7
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 15
6/15/01 100 100 100 100 100 100 100 2
6/15/02 100 100 100 100 100 95 55 0
6/15/03 100 100 100 100 73 47 15 0
6/15/04 100 100 100 100 38 17 0 0
6/15/05 100 100 100 88 28 11 0 0
6/15/06 100 100 100 63 11 0 0 0
6/15/07 100 100 100 40 0 0 0 0
6/15/08 100 100 89 19 0 0 0 0
6/15/09 100 100 65 2 0 0 0 0
6/15/10 100 100 43 0 0 0 0 0
6/15/11 100 100 24 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 100 0 0 0 0 0 0 0
6/15/15 98 0 0 0 0 0 0 0
6/15/16 91 0 0 0 0 0 0 0
6/15/17 84 0 0 0 0 0 0 0
6/15/18 75 0 0 0 0 0 0 0
6/15/19 65 0 0 0 0 0 0 0
6/15/20 54 0 0 0 0 0 0 0
6/15/21 42 0 0 0 0 0 0 0
6/15/22 29 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
5/15/24 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 23.08 14.92 12.81 9.69 7.1 6.26 5.27 3.02
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-8
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 100 100 100 100 100
6/15/02 100 100 100 100 100 100 100 28
6/15/03 100 100 100 100 100 100 100 7
6/15/04 100 100 100 100 100 100 86 4
6/15/05 100 100 100 100 100 100 82 4
6/15/06 100 100 100 100 100 94 65 4
6/15/07 100 100 100 100 90 70 47 3
6/15/08 100 100 100 100 67 51 32 0
6/15/09 100 100 100 100 49 36 18 0
6/15/10 100 100 100 80 36 22 8 0
6/15/11 100 100 100 62 23 12 1 0
6/15/12 100 92 40 10 0 0 0 0
6/15/13 100 71 27 3 0 0 0 0
6/15/14 100 53 15 0 0 0 0 0
6/15/15 100 41 8 0 0 0 0 0
6/15/16 100 36 4 0 0 0 0 0
6/15/17 100 29 1 0 0 0 0 0
6/15/18 100 22 0 0 0 0 0 0
6/15/19 100 17 0 0 0 0 0 0
6/15/20 100 12 0 0 0 0 0 0
6/15/21 100 7 0 0 0 0 0 0
6/15/22 100 3 0 0 0 0 0 0
6/15/23 100 0 0 0 0 0 0 0
6/15/24 95 0 0 0 0 0 0 0
6/15/25 64 0 0 0 0 0 0 0
6/15/26 27 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-9
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 99 94 90 89 89 89 89 95
6/15/02 98 87 83 80 78 77 76 75
6/15/03 97 77 72 66 61 59 56 50
6/15/04 95 67 60 52 45 42 39 29
6/15/05 87 46 34 24 17 15 13 16
6/15/06 79 31 19 11 7 5 4 5
6/15/07 72 20 11 5 2 2 1 0
6/15/08 65 14 6 2 1 1 0 0
6/15/09 57 9 3 1 0 0 0 0
6/15/10 49 6 2 0 0 0 0 0
6/15/11 42 4 1 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
</TABLE>
- -------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 18
6/15/03 100 100 74 52 36 31 25 10
6/15/04 100 90 61 41 27 22 17 5
6/15/05 100 79 51 32 20 16 12 0
6/15/06 100 69 42 25 14 11 8 0
6/15/07 100 61 35 19 10 8 3 0
6/15/08 100 53 29 15 8 4 0 0
6/15/09 100 46 24 12 4 0 0 0
6/15/10 100 40 19 9 0 0 0 0
6/15/11 100 34 16 7 0 0 0 0
6/15/12 47 10 1 0 0 0 0 0
6/15/13 41 8 0 0 0 0 0 0
6/15/14 34 5 0 0 0 0 0 0
6/15/15 29 2 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 23 0 0 0 0 0 0 0
6/15/20 21 0 0 0 0 0 0 0
6/15/21 19 0 0 0 0 0 0 0
6/15/22 16 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
6/15/24 11 0 0 0 0 0 0 0
6/15/25 7 0 0 0 0 0 0 0
5/15/26 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 18.16 11.58 9 7.21 5.85 5.46 5 4.23
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 15
6/15/03 100 100 74 52 36 31 25 5
6/15/04 100 90 61 41 27 21 14 0
6/15/05 100 79 51 32 18 13 7 0
6/15/06 100 69 42 25 10 6 1 0
6/15/07 100 61 35 17 5 2 0 0
6/15/08 100 53 29 11 1 0 0 0
6/15/09 100 46 23 7 0 0 0 0
6/15/10 100 40 17 3 0 0 0 0
6/15/11 100 34 12 0 0 0 0 0
6/15/12 47 4 0 0 0 0 0 0
6/15/13 41 1 0 0 0 0 0 0
6/15/14 34 0 0 0 0 0 0 0
6/15/15 29 0 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 22 0 0 0 0 0 0 0
6/15/20 20 0 0 0 0 0 0 0
6/15/21 17 0 0 0 0 0 0 0
6/15/22 13 0 0 0 0 0 0 0
6/15/23 9 0 0 0 0 0 0 0
6/15/24 5 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
7/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 10
6/15/02 100 100 88 67 49 37 22 0
6/15/03 100 100 74 52 23 13 0 0
6/15/04 100 90 61 32 4 0 0 0
6/15/05 100 79 51 14 0 0 0 0
6/15/06 100 69 34 0 0 0 0 0
6/15/07 100 61 20 0 0 0 0 0
6/15/08 100 53 8 0 0 0 0 0
6/15/09 100 42 0 0 0 0 0 0
6/15/10 100 30 0 0 0 0 0 0
6/15/11 100 18 0 0 0 0 0 0
6/15/12 45 0 0 0 0 0 0 0
6/15/13 32 0 0 0 0 0 0 0
6/15/14 18 0 0 0 0 0 0 0
6/15/15 9 0 0 0 0 0 0 0
6/15/16 6 0 0 0 0 0 0 0
6/15/17 3 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.87 11 7.91 6.07 4.9 4.56 4.16 3.38
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-10
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 98 80 74 67 61 55 49 37
6/15/99 98 64 54 44 35 27 19 6
6/15/00 97 50 38 27 17 9 2 0
6/15/01 96 39 25 19 15 9 2 0
6/15/02 96 29 20 14 10 7 2 0
6/15/03 95 23 16 11 7 5 2 0
6/15/04 94 19 12 8 5 3 2 0
6/15/05 93 16 10 6 3 2 1 0
6/15/06 92 14 8 4 2 1 1 0
6/15/07 91 11 6 3 2 1 0 0
6/15/08 89 10 5 2 1 0 0 0
6/15/09 88 8 4 2 1 0 0 0
6/15/10 86 7 3 1 0 0 0 0
6/15/11 84 6 2 1 0 0 0 0
6/15/12 82 5 2 1 0 0 0 0
6/15/13 79 4 1 0 0 0 0 0
6/15/14 76 3 1 0 0 0 0 0
6/15/15 73 3 1 0 0 0 0 0
6/15/16 69 2 1 0 0 0 0 0
6/15/17 64 2 0 0 0 0 0 0
6/15/18 59 1 0 0 0 0 0 0
6/15/19 54 1 0 0 0 0 0 0
6/15/20 48 1 0 0 0 0 0 0
6/15/21 40 1 0 0 0 0 0 0
6/15/22 32 0 0 0 0 0 0 0
6/15/23 24 0 0 0 0 0 0 0
6/15/24 19 0 0 0 0 0 0 0
6/15/25 13 0 0 0 0 0 0 0
6/15/26 6 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 20.89 4.48 3.35 2.63 2.12 1.7 1.28 0.9
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
<TABLE>
<CAPTION>
Tranche M-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 4
6/15/01 100 100 100 78 59 65 95 4
6/15/02 100 100 80 58 41 28 50 4
6/15/03 100 91 64 43 29 18 23 4
6/15/04 100 77 50 32 20 12 7 3
6/15/05 100 65 40 24 14 8 4 0
6/15/06 100 55 32 18 10 5 0 0
6/15/07 100 46 25 13 7 2 0 0
6/15/08 100 39 20 10 5 0 0 0
6/15/09 100 32 16 7 2 0 0 0
6/15/10 100 27 12 5 0 0 0 0
6/15/11 100 23 10 4 0 0 0 0
6/15/12 100 19 8 1 0 0 0 0
6/15/13 100 16 6 0 0 0 0 0
6/15/14 100 13 5 0 0 0 0 0
6/15/15 100 11 3 0 0 0 0 0
6/15/16 100 9 1 0 0 0 0 0
6/15/17 100 7 0 0 0 0 0 0
6/15/18 100 6 0 0 0 0 0 0
6/15/19 100 4 0 0 0 0 0 0
6/15/20 100 2 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
<TABLE>
<CAPTION>
Tranche M-2A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 44 32 79
6/15/02 100 100 80 58 41 28 19 36
6/15/03 100 91 64 43 29 18 11 11
6/15/04 100 77 50 32 20 12 5 0
6/15/05 100 65 40 24 14 7 0 0
6/15/06 100 55 32 18 10 1 0 0
6/15/07 100 46 25 13 5 0 0 0
6/15/08 100 39 20 10 1 0 0 0
6/15/09 100 32 16 6 0 0 0 0
6/15/10 100 27 12 2 0 0 0 0
6/15/11 100 23 10 0 0 0 0 0
6/15/12 100 19 7 0 0 0 0 0
6/15/13 100 16 3 0 0 0 0 0
6/15/14 100 13 1 0 0 0 0 0
6/15/15 100 11 0 0 0 0 0 0
6/15/16 100 9 0 0 0 0 0 0
6/15/17 100 5 0 0 0 0 0 0
6/15/18 100 3 3 0 0 0 0 0
6/15/19 100 1 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
3/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
<TABLE>
<CAPTION>
Tranche B-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 42 28 8
6/15/02 100 100 80 58 39 24 12 0
6/15/03 100 91 64 42 24 12 3 0
6/15/04 100 77 50 28 13 4 0 0
6/15/05 100 65 38 18 6 0 0 0
6/15/06 100 55 28 11 1 0 0 0
6/15/07 100 45 20 5 0 0 0 0
6/15/08 100 36 13 1 0 0 0 0
6/15/09 100 29 8 0 0 0 0 0
6/15/10 100 22 4 0 0 0 0 0
6/15/11 100 17 1 0 0 0 0 0
6/15/12 100 12 0 0 0 0 0 0
6/15/13 100 8 0 0 0 0 0 0
6/15/14 100 5 0 0 0 0 0 0
6/15/15 100 2 0 0 0 0 0 0
6/15/16 100 0 0 0 0 0 0 0
6/15/17 100 0 0 0 0 0 0 0
6/15/18 100 0 0 0 0 0 0 0
6/15/19 100 0 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 20 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 27.97 10.21 7.6 5.96 4.88 4.22 3.81 3.5
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- ------------------------------------------------------------------------
Period Date Coupon
1 7/15/97 9.18090
2 8/15/97 9.21156
3 9/15/97 9.27308
4 10/15/97 9.44852
5 11/15/97 9.60995
6 12/15/97 9.70739
7 1/15/98 9.71026
8 2/15/98 9.74092
9 3/15/98 9.80191
10 4/15/98 9.97741
11 5/15/98 10.1379
12 6/15/98 10.23536
13 7/15/98 10.23828
14 8/15/98 10.26899
15 9/15/98 10.33005
16 10/15/98 10.50568
17 11/15/98 10.66627
18 12/15/98 10.76382
19 1/15/99 10.76681
20 2/15/99 10.79762
21 3/15/99 10.85879
22 4/15/99 11.03462
23 5/15/99 12.40522
24 6/15/99 12.50273
25 7/15/99 12.50565
26 8/15/99 12.53640
27 9/15/99 12.59751
28 10/15/99 12.77331
29 11/15/99 13.37436
30 12/15/99 13.47190
31 1/15/00 13.47485
32 2/15/00 13.50563
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- ------------------------------------------------------------------------
Period Date Coupon
33 3/15/00 13.56679
34 4/15/00 13.74267
35 5/15/00 14.56199
36 6/15/00 14.65948
37 7/15/00 14.66236
38 8/15/00 14.66984
39 9/15/00 14.68066
40 10/15/00 14.70752
41 11/15/00 15.25165
42 12/15/00 15.28301
43 1/15/01 15.28302
44 2/15/01 15.28303
45 3/15/01 15.28304
46 4/15/01 15.28305
47 5/15/01 15.38542
48 6/15/01 15.38542
49 7/15/01 15.38543
50 8/15/01 15.38543
51 9/15/01 15.38543
52 10/15/01 15.38544
53 11/15/01 15.43630
54 12/15/01 15.43631
55 1/15/02 15.43631
56 2/15/02 15.43631
57 3/15/02 15.43632
58 4/15/02 15.43632
59 5/15/02 15.43633
60 6/15/02 15.43633
61 7/15/02 15.43633
62 8/15/02 15.43634
63 9/15/02 15.43634
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
64 10/15/02 15.43634
65 11/15/02 15.43635
66 12/15/02 15.43635
67 1/15/03 15.43636
68 2/15/03 15.43636
69 3/15/03 15.43637
70 4/15/03 15.43637
71 5/15/03 15.43637
72 6/15/03 15.43638
73 7/15/03 15.43638
74 8/15/03 15.43639
75 9/15/03 15.43639
76 10/15/03 15.43640
77 11/15/03 15.43640
78 12/15/03 15.43640
79 1/15/04 15.43641
80 2/15/04 15.43641
81 3/15/04 15.43642
82 4/15/04 15.43642
83 5/15/04 15.43643
84 6/15/04 15.43643
85 7/15/04 15.43644
86 8/15/04 15.43644
87 9/15/04 15.43645
88 10/15/04 15.43645
89 11/15/04 15.43646
90 12/15/04 15.43646
91 1/15/05 15.43647
92 2/15/05 15.43647
93 3/15/05 15.43648
94 4/15/05 15.43648
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
95 5/15/05 15.43649
96 6/15/05 15.43650
97 7/15/05 15.43650
98 8/15/05 15.43651
99 9/15/05 15.43651
100 10/15/05 15.43652
101 11/15/05 15.43652
102 12/15/05 15.43653
103 1/15/06 15.43654
104 2/15/06 15.43654
105 3/15/06 15.43655
106 4/15/06 15.43655
107 5/15/06 15.43656
108 6/15/06 15.43657
109 7/15/06 15.43657
110 8/15/06 15.43658
111 9/15/06 15.43659
112 10/15/06 15.43659
113 11/15/06 15.43660
114 12/15/06 15.43661
115 1/15/07 15.43661
116 2/15/07 15.43662
117 3/15/07 15.43663
118 4/15/07 15.43663
119 5/15/07 15.43664
120 6/15/07 15.43665
121 7/15/07 15.43665
122 8/15/07 15.43666
123 9/15/07 15.43667
124 10/15/07 15.43668
125 11/15/07 15.43668
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- -------------------------------------------------------------------------------
Period Date Coupon
126 12/15/07 15.43669
127 1/15/08 15.43670
128 2/15/08 15.43671
129 3/15/08 15.43671
130 4/15/08 15.43672
131 5/15/08 15.43673
132 6/15/08 15.43674
133 7/15/08 15.43675
134 8/15/08 15.43675
135 9/15/08 15.43676
136 10/15/08 15.43677
137 11/15/08 15.43678
138 12/15/08 15.43679
139 1/15/09 15.43680
140 2/15/09 15.43681
141 3/15/09 15.43681
142 4/15/09 15.43682
143 5/15/09 15.43683
144 6/15/09 15.43684
145 7/15/09 15.43685
146 8/15/09 15.43686
147 9/15/09 15.43687
148 10/15/09 15.43688
149 11/15/09 15.43689
150 12/15/09 15.43690
151 1/15/10 15.43691
152 2/15/10 15.43692
153 3/15/10 15.43693
154 4/15/10 15.43694
155 5/15/10 15.43695
156 6/15/10 15.43696
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
157 7/15/10 15.43697
158 8/15/10 15.43698
159 9/15/10 15.43699
160 10/15/10 15.43700
161 11/15/10 15.43701
162 12/15/10 15.43702
163 1/15/11 15.43703
164 2/15/11 15.43705
165 3/15/11 15.43706
166 4/15/11 15.43707
167 5/15/11 15.43708
168 6/15/11 15.43709
169 7/15/11 15.43710
170 8/15/11 15.43712
171 9/15/11 15.43713
172 10/15/11 15.43714
173 11/15/11 15.43715
174 12/15/11 15.43717
175 1/15/12 15.43718
176 2/15/12 15.43719
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of
securities representing interests in the above trust, and is based in part on
information provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement. To Our Readers Worldwide: In addition,
please note that this information has been provided by Morgan Stanley & Co.
Incorporated and approved by Morgan Stanley & Co. International Limited, a
member of the Securities and Futures Authority, and Morgan Stanley Japan Ltd. We
recommend that investors obtain the advice of their Morgan Stanley & Co.
International Limited or Morgan Stanley Japan Ltd. representative about the
investment concerned. NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY
THE U.K. SECURITIES AND FUTURES AUTHORITY.
- --------------------------------------------------------------------------------
EXHIBIT 99.2
- --------------------------------------------------------------------------------
--------------------
$1,265,000,000
ContiMortgage
Home Equity Loan Trust 1997-3
Home Equity ABS
--------------------
Computational Materials
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Transaction Highlights(1)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Final
Scheduled
Class Class Size Expected Ratings Average Payment Payment Spread to
(2) ($ millions) Tranche Type (Moody's/Fitch/S&P) Life (3,4) Date Window (3,4) Day Count Benchmark
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 130 Fixed Sequential Aaa/AAA/AAA 0.50 years/MAT 4/15/07 7/97-4/98 / 10 mo. 30/360
A-2 135 Fixed Sequential Aaa/AAA/AAA 1.15 years/MAT 5/15/12 4/98-11/98 / 8 mo. 30/360
A-3 215 Fixed Sequential Aaa/AAA/AAA 2.04 years/MAT 5/15/12 11/98-2/00 / 16 mo. 30/360
A-4 73 Fixed Sequential Aaa/AAA/AAA 3.04 years/MAT 5/15/12 2/00-12/00 / 11 mo. 30/360
A-5 71 Fixed Sequential Aaa/AAA/AAA 4.05 years/MAT 8/15/13 12/00-2/02 / 15 mo. 30/360
A-6 36 Fixed Sequential Aaa/AAA/AAA 5.04 years/MAT 3/15/15 2/02-12/02 / 11 mo. 30/360
A-7 65 Fixed Sequential Aaa/AAA/AAA 7.10 years/MAT 5/15/24 12/02-2/07 / 51 mo. 30/360
A-8 38.6 Fixed Sequential Aaa/AAA/AAA 12.27 years/MAT 8/15/28 2/07-5/12 / 64 mo. 30/360
A-9 68 Fixed Lockout Aaa/AAA/AAA 6.51 years/MAT 8/15/28 8/00-5/12 / 142 mo. 30/360
M-1F 54.337 Fixed Mezzanine Aa2/AA/AA 5.85 years/MAT 8/15/28 7/00-8/10 / 122 mo. 30/360
M-2F 49.613 Fixed Mezzanine A3/A/A- 5.62 years/MAT 8/15/28 7/00-10/08 / 100 mo. 30/360
B-1F 9.45 Fixed Subordinate Baa3/BBB/BBB- 4.90 years/MAT 8/15/28 7/00-9/04 / 51 mo. 30/360
A-10 259.2 Floater Aaa/AAA/AAA 2.03 years*/CALL 8/15/28 7/97-1/05 / 91* mo. Actual/360
M-1A 25.6 Floater Mezzanine Aa2/AA/AA 5.01 years*/CALL 8/15/28 9/00-1/05 / 53* mo. Actual/360
M-2A 20 Floater Mezzanine A2/A/A- 4.96 years*/CALL 8/15/28 8/00-1/05 / 54* mo. Actual/360
B-1A 15.2 Floater Subordinate Baa3/BBB/BBB- 4.81 years*/CALL 8/15/28 7/00-1/05 / 55* mo. Actual/360
A-11IO -- Interest Only Aaa/AAA/AAA Morgan Stanley Sole Managed
- ------------------------------------------------------------------------------------------------------------------------------------
Total $1.265 -- -- -- -- -- -- --
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) The information presented is based on a representative cut-off pool as of
the 5/9/97 statistical calculation date.
(2) Class A-1 through A-9, M-1F, M-2F, and B-1F are backed by the fixed rate
loan pool; Classes A-10, M-1A, M-2A, and B-1A are backed by the ARM loan
pool.
(3) See "Pricing Prepayment Speed" below.
(4) Fixed Rate tranches are priced to maturity; Adjustable Rate tranches are
priced to call. The spread to LIBOR of the AAA ARM certificates doubles
after the clean-up call date and the spread to LIBOR of the subordinate
ARM certificates increases 1.5 times after the clean-up call date.
* To call
<PAGE>
<TABLE>
<S> <C>
Seller and Servicer: ContiMortgage Corporation
Trustee: Manufacturers and Traders Trust Company
Managers: MORGAN STANLEY DEAN WITTER (lead manager), ContiFinancial Services Corporation, Bear
Stearns, Credit Suisse First Boston, Greenwich Capital Markets, Lehman Brothers, Merrill Lynch
(co-managers)
Fixed Rate Certificate All classes are priced at 125% of the prepayment assumption ("PPM"). 100% PPM describes
Pricing Prepayment Speed: prepayments starting at 4.0% CPR in month 1, increasing by 1.455% CPR per month to 20% CPR in
month 12, and remaining at 20% CPR thereafter.
Adjustable Rate Certificate
Pricing Prepayment Speed: Constant 30% CPR.
Expected Pricing Date: June 4-5, 1997.
Expected Settlement: June 12, 1997 through DTC, Euroclear or CEDEL.
Distribution Dates: The 15th of each month, beginning July 15, 1997.
Optional Call: 10% Clean-up call (10% of original aggregate loan balances).
Net Available Funds Cap: The adjustable rate certificates will be subject to an available funds cap equal to the weighted
average coupon rate of the adjustable rate home equity loans less [1.01%] per annum (comprised of a
0.50% servicing fee, 0.01% trustee fee and a 0.50% carve out).
Tax Status: REMIC
ERISA Eligibility: The Class A certificates are ERISA eligible.
SMMEA Eligibility: Classes A-10 and M-1A are SMMEA eligible.
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Credit Enhancement for Fixed Rate Certificates
o Class A1-A9 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1F, M-2F, and B-1F certificates, totaling 12.0%
of the original loan amount.
o Class M-1F, M-2F, and B-1F Credit Enhancement:
1. Excess cash
2. Class M-1F is further enhanced by 6.25% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2F is further enhanced by 1.00% in subordinate certificates and
O/C building up to 1.0%; 4. Class B-1F is enhanced by O/C building up to
1.0%.
Credit Enhancement for Floating Rate Certificates
o Class A-10 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1A, M-2A, and B-1A certificates, totaling 19.0%
of the original loan amount.
o Class M-1A, M-2A, and B-1A Credit Enhancement:
1. Excess cash
2. Class M-1A is further enhanced by 11.00% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2A is further enhanced by 4.75% in subordinate certificates and
O/C building up to 1.0%;
4. Class B-1A is enhanced by O/C initially building up to 1.0%.
Overcollateralization
1. Before the stepdown date, overcollateralization initially builds to 1.0%
of the original loan amount for both loan groups (subject to performance
triggers);
2. On and after the step-down date to 2.0% of the outstanding loan balance
for the fixed rate group and 2.5% of the outstanding loan balance for
the adjustable rate group (subject to performance triggers);
3. Step down overcollateralization amount subject to floors of 0.50% of the
original loan amount for both loan groups (subject to performance
triggers).
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Interest Cashflow Priority
o Interest Collections (net of Servicing) will be allocated in the following
priority:
Fixed Rate Cashflows
1. Trustee fee
2. Senior bonds (Class A-1 through A-9 + A-11IO) current interest plus
unpaid interest shortfalls
3. M-1F current interest
4. M-2F current interest
5. B-1F current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Floating Rate Cashflows
1. Trustee Fee
2. Senior bond (Class A-10) current interest plus unpaid interest
shortfalls
3. M-1A current interest
4. M-2A current interest
5. B-1A current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
<PAGE>
Principal Cashflow Priority
o Collections of Principal before the stepdown date (July 2000), or during a
trigger event, will be allocated in the following priority:
Fixed Rate Cashflows
1. Pay A-9 according to the following Lockout Percentage:
July 1997 - June 2000 0%
July 2000 - June 2002 45%
July 2002 - June 2003 80%
July 2003 - June 2004 100%
July 2004 - 300%
2. Pay Classes A-1 through A-8 sequentially
3. Pay M-1F, M-2F, then B-1F (if Class A certificates are retired in
full)
Floating Rate Cashflows
1. Pay Class A-10
2. Pay M-1A, M-2A, then Class B-1A (if Class A certificates are retired
in full)
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
o Collections of Principal on and after the stepdown date (July 2000), and if
no trigger event is in effect will be allocated in the following priority:
(cont.)
Fixed Rate Cashflows
Pay Class A bonds, Class M-1F, Class M-2F, and Class B-1F pro-rata in
accordance with enhancement targets, equal to 2.0 times the initial
enhancement for each class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 74% 26.0%
Class M-1F 11.5 14.5
Class M-2F 10.5 4.0
Class B-1F 2.0 2.0
Overcollateralization 2.0
---
100%
Collections of Principal on and after the stepdown date (and if no trigger
event is in effect) will be allocated in the following priority (cont.):
Floating Rate Cashflows
Pay Class A-10, M-1A, M-2A, and B-1A pro-rata in accordance with
enhancement targets equal to 2.5 times the initial enhancement for each
class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 50% 50.0%
Class M-1A 20 30.0
Class M-2A 15.625 14.375
Class B-1A 11.875 2.5
Overcollateralization 2.500
-----
100.000%
o Stepdown Date
- Stepdown Date is the earlier to occur of (i) the later of (x) three
years (July 2000) or (y) when cred enhancement reaches its target level
and (ii) when the Class A Certificates are retired in full.
o Trigger Events
- [To be finalized with the rating agencies]
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral Description
o Collateral statistics are based on a representative pool as of the May 9,
1997 statistical calculation date. The actual statistics may vary.
<TABLE>
<CAPTION>
ARM Portfolio Fixed Rate Portfolio
------------- --------------------
<S> <C> <C>
Total Outstanding Balance: $242,803,817.10 $669,071,981.76
Number of Loans: 3,020 11,095
Average Remaining $80,398.61 (range: $9,996 - $431,053) $60,303.92 (range: $5,900 - $406,250)
Balance:
Interest Rate Index: o 52.65% 6-month LIBOR o 100.00% fixed rate loans
o 40.67% 2/28 adjustment
o 6.68% 3/27 adjustment
Amortization Method: 100.00% fully amortizing 47.97% fully amortizing / 52.03% balloons
WA Gross Coupon: 10.19% (range: 5.99% - 15.10%) 11.54% (range: 7.63% - 18.99%)
WA Gross Margin /
WA Life Cap: 6.51% Margin / 16.45% Cap N/A
WA Periodic Interest Rate 1.04% N/A
Caps:
WA Months to Roll: 13.06 months N/A
Original Weighted Average 359.09 months (range: 120 - 360 months) 221.45 months (range: 60 - 360 months)
Term:
Remaining Weighted
Average Term: 357.75 months (range: 117 - 360 months) 220.08 months (range: 54 - 360 months)
Seasoning: 1.34 months (range: 0 - 10) 1.37 months (range: 0 - 23 months)
Lien Position: 100% first 92.98% first / 7.02% second
Original CLTV Ratio: 75.11% (range: 6.38% - 100.00%) 75.77% (range: 9.09% - 100.00%)
WA Debt to Income Ratio: 39.21% (range: 2.00% - 60.00%) 38.61% (range: 1.00% - 72.00%)
Credit Grade: 49.80% A, 26.38% B, 20.92% C, 2.85% D, 0.05% M 52.92% A, 26.39% B, 15.96% C, 4.19% D, 0.53% M
<PAGE>
Documentation: 82.58% full doc, 9.93% no income verification, 86.22% full doc, 9.06% no income verification,
7.48% no doc 4.68% no doc, 0.04% other
Property Type: 89.30% single family, 4.09% 2-4 family, 2.78% 88.71% single family, 7.37% 2-4 family, 0.94%
PUD, 3.83% other PUD, 2.98% other
Owner Occupancy: 96.29% owner occupied, 3.71% investor owned 95.76% owner occupied, 4.24% investor owned
Loan Purpose: 70.06% debt consolidation and home improvement, 83.97% debt consolidation and home
28.22% purchase, 1.72% other improvement, 13.87% purchase, 2.16% other
Geographic Distribution: MI (24.32%), CA (10.91%), OH (6.38%), CO MI (10.13%), OH (8.59%), NY (8.32%), IL
(5.00%), with all remaining states under 5.0% (6.72%), FL (6.38%), IN (5.99%), PA (5.99%),
with all remaining states under 5.0%
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 1,678 31,967,075.16 4.78 19,050.70 12.93 61.05 90.51
25,000.01 - 50,000.00 3,911 146,609,403.52 21.91 37,486.42 12.1 71.12 90.02
50,000.00 - 50,000.00 2,788 171,847,449.61 25.68 61,638.25 11.49 76.51 88.81
75,000.00 - 100,000.00 1,268 109,573,097.51 16.38 86,414.11 11.29 77.81 86.18
100,000.00 - 125,000.00 681 76,009,905.82 11.36 111,615.13 11.16 79.65 85.48
125,000.00 - 150,000.00 344 46,910,975.03 7.01 136,369.11 11.08 79.85 82.58
150,000.00 - 175,000.00 163 26,284,092.43 3.93 161,252.10 11.07 79.6 80.12
175,000.00 - 200,000.00 108 20,129,262.95 3.01 186,382.06 11.11 80.37 77.06
200,000.00 - 225,000.00 51 10,832,250.66 1.62 212,397.07 11.18 80.93 80.5
225,000.00 - 250,000.00 38 9,088,775.12 1.36 239,178.29 11.2 78.29 73.37
250,000.00 - 275,000.00 21 5,487,753.67 0.82 261,321.60 10.85 81.94 71.39
275,000.00 - 300,000.00 13 3,760,558.45 0.56 289,273.73 11.02 79.56 54.29
300,000.00 - 325,000.00 13 4,118,829.13 0.62 316,833.01 10.62 77.33 46.41
325,000.00 - 350,000.00 9 3,047,372.72 0.46 338,596.97 10.61 71.88 78.31
350,000.00 - 400,000.00 8 2,998,929.98 0.45 374,866.25 11.02 76.48 87.09
400,000.00 - 450,000.00 1 406,250.00 0.06 406,250.00 10.99 65 100
- ----------------------- - ---------- ---- ---------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 5,900.00
Max: 406,250.00
Average: 60,303.92
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Range of Coupons Count Balance Total Balance Coupon CLTV Doc
- ---------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7.01 - 8.00 5 416,919.09 0.06 83,383.82 7.87 60.1 100
8.01 - 9.00 216 17,798,712.60 2.66 82,401.45 8.79 73.94 95.75
9.01 - 10.00 1,331 101,284,126.13 15.14 76,096.26 9.74 74.97 88.83
10.01 - 11.00 2,540 177,639,225.21 26.55 69,936.70 10.67 78.09 86.04
11.01 - 12.00 2,598 163,449,855.94 24.43 62,913.72 11.6 77.38 85.62
12.01 - 13.00 2,101 110,682,242.10 16.54 52,680.74 12.58 75.62 84.74
13.01 - 14.00 1,221 58,424,779.43 8.73 47,849.94 13.58 72.99 84.5
14.01 - 15.00 635 24,317,579.43 3.63 38,295.40 14.57 68.1 84.03
15.01 - 16.00 249 9,474,574.34 1.42 38,050.50 15.46 65.77 82.88
16.01 - 17.00 132 3,621,103.62 0.54 27,432.60 16.61 58.8 97.42
17.01 - 18.00 55 1,563,775.04 0.23 28,432.27 17.45 57.66 86.4
18.01 - 19.00 12 399,088.83 0.06 33,257.40 18.54 61.53 89.48
- ----- ----- -- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 7.63
Max: 18.99
WAC: 11.54
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 60
Max: 360
Weighted Average: 221.45
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 54
Max: 360
Weighted Average: 220.08
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 6,653 404,765,174.52 60.5 60,839.50 11.48 75.54 85.81
2 - 12 4,437 264,173,171.86 39.48 59,538.69 11.63 76.12 86.86
13 greater
than = 5 133,635.38 0.02 26,727.08 12.46 72.33 82.4
- -- - ---------- ---- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0
Max: 23
Weighted Average: 1.37
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 47 842,659.38 0.13 17,928.92 12.57 60.28 78.05
10.01 - 15.00 256 5,912,208.50 0.88 23,094.56 12.11 71.51 84.91
15.01 - 20.00 358 9,087,933.27 1.36 25,385.29 12.13 70.31 84.94
20.01 - 25.00 300 8,997,068.81 1.34 29,990.23 11.96 64.94 77.03
25.01 - 30.00 290 9,768,655.70 1.46 33,685.02 11.89 62.3 83.71
30.01 - 35.00 224 7,673,279.80 1.15 34,255.71 11.78 57.88 79.87
35.01 - 40.00 253 9,858,327.06 1.47 38,965.72 12.01 55.31 77.82
40.01 - 45.00 215 8,946,027.42 1.34 41,609.43 11.73 51.81 78.85
45.01 - 50.00 437 16,990,336.67 2.54 38,879.49 12.54 51.1 67.18
50.01 - 55.00 297 14,014,587.98 2.09 47,187.16 11.82 54.44 72.78
55.01 - 60.00 515 22,855,426.84 3.42 44,379.47 11.9 59.41 70
60.01 - 65.00 674 37,847,230.64 5.66 56,153.16 12.09 63.87 65.76
65.01 - 70.00 973 56,486,817.09 8.44 58,054.28 11.82 69.12 71.19
70.01 - 75.00 1,300 82,887,084.45 12.39 63,759.30 11.56 74.23 77.72
75.01 - 80.00 2,499 168,244,615.24 25.15 67,324.78 11.33 79.51 92.43
80.01 greater than = 2,457 208,659,722.91 31.19 84,924.59 11.25 86.72 98.2
- ----- ----- -------------- ----- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 6.90
Max: 100.00
Weighted Average: 72.55
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 3 32,938.44 0 10,979.48 13.55 9.43 100
10.01 - 15.00 14 278,733.41 0.04 19,909.53 12.59 13.73 61.71
15.01 - 20.00 34 721,890.59 0.11 21,232.08 12.06 18.37 77.71
20.01 - 25.00 64 1,774,176.87 0.27 27,721.51 11.9 23.02 60.57
25.01 - 30.00 99 2,673,330.71 0.4 27,003.34 12 27.8 74.35
30.01 - 35.00 125 3,450,532.05 0.52 27,604.26 11.94 32.81 73.73
35.01 - 40.00 172 5,672,027.76 0.85 32,976.91 12.14 37.6 71.43
40.01 - 45.00 182 6,808,145.67 1.02 37,407.39 11.8 42.73 72.68
45.01 - 50.00 430 16,189,842.76 2.42 37,650.80 12.59 48.56 65.56
50.01 - 55.00 307 13,995,139.92 2.09 45,586.77 11.86 53.13 70.39
55.01 - 60.00 547 23,323,025.06 3.49 42,638.07 11.92 58.42 69.65
60.01 - 65.00 739 40,153,339.72 6 54,334.70 12.1 63.49 64.9
65.01 - 70.00 1,069 59,410,064.23 8.88 55,575.36 11.82 68.95 70.48
70.01 - 75.00 1,494 89,774,522.21 13.42 60,090.04 11.6 74.13 77.79
75.01 - 80.00 2,888 180,580,717.85 26.99 62,527.95 11.35 79.45 92.45
80.01 greater than = 2,928 224,233,554.51 33.51 76,582.50 11.31 86.53 98.16
- ----- ----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 9.09
Max: 100.00
Weighted Average: 75.77
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.00 - 4.99 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
5.00 - 9.99 4 74,438.39 0.01 18,609.60 12.42 82.34 100
10.00 - 14.99 72 1,305,459.14 0.2 18,131.38 12.3 79.84 92.14
15.00 - 19.99 224 5,340,397.70 0.8 23,841.06 12.2 78.45 90.1
20.00 - 24.99 228 5,648,625.44 0.84 24,774.67 12.2 77.54 90.47
25.00 - 29.99 200 6,090,055.29 0.91 30,450.28 11.9 75.88 81.99
30.00 - 34.99 155 5,134,482.54 0.77 33,125.69 11.89 76.82 87.88
35.00 - 39.99 120 4,715,779.79 0.7 39,298.16 11.92 75.15 82.26
40.00 - 44.99 94 3,526,871.36 0.53 37,519.91 11.71 72.65 79.19
45.00 - 49.99 74 3,459,752.57 0.52 46,753.41 11.6 73.63 83.32
50.00 - 54.99 58 2,830,106.58 0.42 48,794.94 11.64 72.71 82.58
55.00 - 59.99 31 1,578,348.80 0.24 50,914.48 11.42 69.81 83.17
60.00 - 64.99 32 1,430,279.83 0.21 44,696.24 11.89 69.8 80.44
65.00 - 69.99 25 1,050,550.11 0.16 42,022.00 11.49 72.04 100
70.00 - 74.99 29 1,347,643.24 0.2 46,470.46 11.49 71.76 85.48
75.00 - 79.99 13 765,680.83 0.11 58,898.53 11.78 66.89 78.13
80.00 - 84.99 9 592,360.94 0.09 65,817.88 11.96 75.65 100
85.00 - 89.99 13 961,557.54 0.14 73,965.96 11.2 71.87 79.71
90.00 - 94.99 11 960,853.75 0.14 87,350.34 11.48 62.14 60.57
95.00 - 99.99 4 188,131.38 0.03 47,032.85 11.9 73.03 100
- ----- ----- - ---------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0.00
Max: 97.32
Weighted Average: 39.52
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- --------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 13 866,330.15 0.13 66,640.78 11.22 68.38 21.58
5.01 - 10.00 68 2,472,171.86 0.37 36,355.47 12.13 64.23 48.87
10.01 - 15.00 265 11,202,755.56 1.67 42,274.55 11.86 69.03 71.51
15.01 - 20.00 552 23,191,475.91 3.47 42,013.54 11.8 71.14 84.5
20.01 - 25.00 855 41,954,407.95 6.27 49,069.48 11.58 73.7 87.43
25.01 - 30.00 1,215 61,480,588.72 9.19 50,601.31 11.64 74.1 88.54
30.01 - 35.00 1,499 83,998,089.72 12.55 56,036.08 11.56 74.47 87.66
35.01 - 40.00 1,687 105,578,894.05 15.78 62,583.81 11.58 75.98 84.89
40.01 - 45.00 2,090 138,409,421.02 20.69 66,224.60 11.45 76.73 84.12
45.01 - 50.00 2,537 175,054,321.58 26.16 69,000.52 11.49 77.65 89.13
50.01 - 55.00 294 22,826,271.87 3.41 77,640.38 11.39 76.85 83.41
55.01 - 60.00 18 1,925,851.16 0.29 106,991.73 11.11 78.83 100
65.01 - 70.00 1 86,908.21 0.01 86,908.21 8.45 80 100
70.01 - 75.00 1 24,494.00 0 24,494.00 15.75 50 100
- --------- - --------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 1.00
Max: 72.00
Weighted Average: 38.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 10,927 659,004,823.54 98.5 60,309.77 11.52 75.74 86.18
30 - 59 155 9,181,682.90 1.37 59,236.66 12.48 77.38 88.81
60 - 89 13 885,475.32 0.13 68,113.49 12.27 81.21 95.83
-- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ----------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon - 15/30 5,141 347,594,280.51 51.95 67,612.19 11.87 77.34 87.3
Fixed - 30 Year 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
Fixed - 20 Year 1,667 91,666,227.51 13.7 54,988.74 11.25 74.4 86.4
Fixed - 15 Year 2,069 84,706,461.32 12.66 40,940.77 11.34 71.8 86.98
Fixed - 10 Year 465 12,915,962.53 1.93 27,776.26 11.48 65.86 88.34
Fixed - 25 Year 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
Fixed - 5 Year 60 1,273,952.13 0.19 21,232.54 11.88 60.82 86.03
Balloon - 20/30 2 232,778.50 0.03 116,389.25 12.03 87.15 100
Balloon - 10/30 2 127,900.00 0.02 63,950.00 15.2 55.09 100
Balloon - 15/20 2 67,524.22 0.01 33,762.11 13.27 58.44 100
Balloon - 7/30 1 63,958.79 0.01 63,958.79 11.2 74.37 100
Balloon - 5/30 1 49,992.25 0.01 49,992.25 14.7 72.46 100
- --------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ------ -------------- ----- --------- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1st Lien 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
2nd Lien 1,396 47,001,375.22 7.02 33,668.61 11.87 74.81 85.08
----- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon 5,149 348,136,434.27 52.03 67,612.44 11.87 77.34 87.32
Non-Balloon 5,946 320,935,547.49 47.97 53,975.03 11.17 74.06 85.04
----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Single Family Detached 9,626 574,205,997.58 85.82 59,651.57 11.54 76.1 86.68
2-4 Family 666 49,326,220.10 7.37 74,063.39 11.32 74.4 86.8
Single Family Attached 392 19,334,948.93 2.89 49,323.85 11.91 75.51 89.5
Manufactured Housing 237 11,714,999.76 1.75 49,430.38 11.62 75.19 91.96
PUD 65 6,303,530.95 0.94 96,977.40 11.51 79.29 82.64
Mixed Use 33 4,468,132.43 0.67 135,397.95 12.11 56.43 9.83
Condo 76 3,718,152.01 0.56 48,923.05 11.62 62.95 70.84
- ----- -- ------------ ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 8,954 533,432,335.35 79.73 59,574.75 11.53 75.61 86.58
Purchase 1,371 92,781,543.01 13.87 67,674.36 11.7 78.58 86.54
Debt Consol. & Home 280 15,045,889.10 2.25 53,735.32 11.91 71.26 78.13
Improve.
Other 204 14,433,278.54 2.16 70,751.37 10.49 74.74 85.33
Home Improvement 286 13,378,935.76 2 46,779.50 11.49 68.76 79.76
--- ------------- - --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Owner Occupied 10,473 640,718,092.73 95.76 61,178.09 11.53 76.22 86.5
Investor Owned 622 28,353,889.03 4.24 45,585.03 11.65 65.58 79.98
--- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 1,465 67,792,715.10 10.13 46,274.89 12.68 73.51 90.76
Ohio 1,031 57,485,788.31 8.59 55,757.31 11.16 77.48 91.91
New York 707 55,691,515.74 8.32 78,771.59 11.18 73.53 78.93
Illinois 738 44,955,215.01 6.72 60,914.93 11.52 76.33 91.81
Florida 744 42,713,914.89 6.38 57,411.18 11.57 75.51 75.95
Indiana 809 40,083,075.59 5.99 49,546.45 11.37 77.57 92.09
Pennsylvania 649 40,074,359.26 5.99 61,747.86 11.46 76 84.52
North Carolina 571 31,707,850.85 4.74 55,530.39 11.57 77.26 90.82
New Jersey 377 30,995,902.32 4.63 82,217.25 11.48 74.3 79.54
Maryland 365 25,538,205.93 3.82 69,967.69 11.18 76.02 87.34
Georgia 359 22,646,232.39 3.38 63,081.43 11.92 78.35 89.68
Massachusetts 240 19,346,021.02 2.89 80,608.42 10.97 72.57 81.39
California 183 18,076,753.69 2.7 98,780.07 10.43 72.03 77.2
South Carolina 333 16,628,527.98 2.49 49,935.52 11.6 77.01 89.04
Missouri 295 14,757,576.89 2.21 50,025.68 12.35 78.11 90.89
Kentucky 221 11,585,887.21 1.73 52,424.83 11.12 78.44 93.9
Utah 141 11,557,647.40 1.73 81,969.13 11.44 77.15 84.18
Tennessee 179 11,002,684.03 1.64 61,467.51 11.11 79.87 90.63
Colorado 138 9,863,358.95 1.47 71,473.62 11.56 79.59 89.19
Virginia 146 9,070,798.66 1.36 62,128.76 11.81 75.39 89.54
New Mexico 124 7,955,659.18 1.19 64,158.54 12.24 77.32 82.98
Minnesota 110 7,162,190.40 1.07 65,110.82 11.87 77.16 91.49
Rhode Island 86 6,427,681.82 0.96 74,740.49 11.05 78.48 83.15
Texas 99 6,281,752.50 0.94 63,452.05 11.98 77.96 88.03
Arizona 87 6,178,256.21 0.92 71,014.44 10.83 75.46 85.45
Wisconsin 122 6,124,235.11 0.92 50,198.65 11.97 75.67 92.98
Washington 76 6,062,512.59 0.91 79,769.90 10.67 72.02 67.21
Connecticut 73 5,829,525.14 0.87 79,856.51 11.09 70.78 74.2
Oregon 63 5,427,112.25 0.81 86,144.64 10.88 74.74 62.37
Kansas 69 3,451,575.19 0.52 50,022.83 12.09 79.36 87.59
Iowa 85 3,436,937.90 0.51 40,434.56 12.13 73.97 93.68
Louisiana 63 2,756,380.96 0.41 43,752.08 12.05 72.42 87.01
Delaware 35 2,650,041.23 0.4 75,715.46 11.2 74.73 73.52
District of Columbia 39 2,530,205.64 0.38 64,877.07 11.85 66.04 86.44
Nevada 22 2,081,340.96 0.31 94,606.41 11.31 78.44 90.27
Oklahoma 45 2,032,305.66 0.3 45,162.35 11.9 78.93 96.14
New Hampshire 25 1,709,586.22 0.26 68,383.45 10.17 73.29 69.86
Mississippi 36 1,580,121.10 0.24 43,892.25 12.56 76.17 85.51
Nebraska 32 1,522,828.82 0.23 47,588.40 12.04 80.74 94.47
Idaho 32 1,372,889.29 0.21 42,902.79 11.47 75.07 94.91
Hawaii 7 1,243,317.30 0.19 177,616.76 9.98 69.17 64.39
Arkansas 28 1,130,466.23 0.17 40,373.79 13.13 75.2 91.73
Montana 13 898,502.18 0.13 69,115.55 11.56 76.98 79.07
Maine 9 553,777.37 0.08 61,530.82 10.55 68.49 68.4
Wyoming 9 510,940.80 0.08 56,771.20 11.99 73.25 82.86
West Virginia 11 424,759.40 0.06 38,614.49 12.02 70.99 96.12
South Dakota 3 128,764.87 0.02 42,921.62 12.7 81.71 100
North Dakota 1 34,284.22 0.01 34,284.22 13 70 100
- --------- ---- --------- -- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Full Doc - Asset and 9,804 576,904,295.17 86.22 58,843.77 11.51 77.23 100
Income
No Income Verifier 803 60,637,147.28 9.06 75,513.26 11.59 68.97 0
No Documentation 487 31,293,728.63 4.68 64,258.17 12.01 62.09 0
Other 1 236,810.68 0.04 236,810.68 10.5 63.71 0
- ---------- ---- ---------- ---- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
A 5,220 354,079,260.89 52.92 67,831.28 10.87 78.6 84.16
B 2,970 176,591,410.33 26.39 59,458.39 11.76 75.75 87.97
C 2,163 106,799,408.03 15.96 49,375.59 12.65 71.37 92.04
D 713 28,038,323.21 4.19 39,324.44 14.25 59.13 90.15
M 29 3,563,579.30 0.53 122,882.04 12.35 57.45 0
-- ------------ ---- ---------- ----- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 115 2,356,064.74 0.97 20,487.52 11.6 55.51 80.41
25,000.01 - 50,000.00 811 31,352,128.53 12.91 38,658.60 10.84 67.95 87.27
50,000.01 - 75,000.00 817 50,562,365.09 20.82 61,887.84 10.41 74.49 89.62
75,000.01 - 100,000.00 546 47,507,669.52 19.57 87,010.38 10.22 76.14 82.52
100,000.01 - 125,000.00 301 33,617,305.11 13.85 111,685.40 10.06 76.95 81.25
125,000.01 - 150,000.00 172 23,640,005.57 9.74 137,441.89 9.92 77.88 81.64
150,000.01 - 175,000.00 83 13,503,002.81 5.56 162,686.78 9.86 77.45 81.69
175,000.01 - 200,000.00 66 12,309,379.60 5.07 186,505.75 9.85 77.7 74.21
200,000.01 - 225,000.00 43 9,106,204.67 3.75 211,772.20 9.77 77.42 65.13
225,000.01 - 250,000.00 19 4,503,522.41 1.85 237,027.50 9.43 78.28 73.43
250,000.01 - 275,000.00 15 3,892,912.47 1.6 259,527.50 9.78 77.66 79.63
275,000.01 - 300,000.00 12 3,486,570.20 1.44 290,547.52 9.46 75.02 50.48
300,000.01 - 325,000.00 8 2,484,274.70 1.02 310,534.34 9.52 83.71 100
325,000.01 - 350,000.00 5 1,697,147.27 0.7 339,429.45 10.36 75.89 80.8
350,000.00 - 400,000.00 4 1,528,462.46 0.63 382,115.62 8.64 73.49 49.05
400,000.01 - 450,000.00 3 1,256,801.95 0.52 418,933.98 9.11 73.85 100
- ---------- ---------- - ------------ ---- ---------- ---- ----- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 9,996.34
Max: 431,053.02
Average: 80,398.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Current Coupons Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5.01 - 6.00 2 151,349.00 0.06 75,674.50 5.99 82.07 50.22
6.01 - 7.00 10 1,564,256.24 0.64 156,425.62 6.85 73.71 78.29
7.01 - 8.00 45 5,259,432.57 2.17 116,876.28 7.77 74.64 72.74
8.01 - 9.00 333 34,767,586.07 14.32 104,407.17 8.69 76.1 82.42
9.01 - 10.00 797 72,764,429.14 29.97 91,297.90 9.64 76.31 82.72
10.01 - 11.00 1,014 78,025,502.93 32.14 76,948.23 10.54 75.73 84.77
11.01 - 12.00 586 37,982,962.03 15.64 64,817.34 11.52 73.49 81.99
12.01 - 13.00 152 8,392,594.80 3.46 55,214.44 12.5 69.29 74.24
13.01 - 14.00 42 2,169,173.54 0.89 51,646.99 13.44 62.24 69.21
14.01 - 15.00 38 1,679,737.39 0.69 44,203.62 14.39 58.98 88.01
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
- --------- ---- --------- ---- -- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 5.99
Max: 15.10
WAC: 10.19
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,472.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 120
Max: 360
Weighted Average: 359.09
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,572.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 117
Max: 360
Weighted Average: 357.75
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 1,813 146,025,742.31 60.14 80,543.71 10.14 74.97 82.08
2 - 12 1,207 96,778,074.79 39.86 80,180.68 10.27 75.33 83.34
----- ------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0
Max: 10
Weighted Average: 1.34
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.00 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0.00
Max: 0.00
Weighted Average: 0.00
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 2 271,450.05 0.11 135,725.03 10.23 70.36 0
5.01 - 10.00 23 1,320,458.12 0.54 57,411.22 10.91 64.62 30.18
10.01 - 15.00 44 2,298,850.23 0.95 52,246.60 10.57 64.91 60.05
15.01 - 20.00 135 7,596,425.11 3.13 56,269.82 10.42 71.16 69.33
20.01 - 25.00 222 13,812,421.00 5.69 62,218.11 10.33 73.17 84.58
25.01 - 30.00 329 21,511,996.23 8.86 65,386.01 10.4 73.03 80.08
30.01 - 35.00 394 29,230,021.36 12.04 74,187.87 10.24 75.02 85.86
35.01 - 40.00 505 40,688,050.70 16.76 80,570.40 10.2 75.67 80.82
40.01 - 45.00 571 49,542,949.05 20.4 86,765.23 10.15 75.85 81.9
45.01 - 50.00 653 59,747,778.33 24.61 91,497.36 10.15 76.34 85.72
50.01 - 55.00 127 14,288,815.16 5.88 112,510.36 9.82 75.75 87.45
55.01 - 60.00 15 2,494,601.76 1.03 166,306.78 9.43 75.98 91.75
-- ------------ ---- ---------- ---- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 2.00
Max: 60.00
Weighted Average: 39.21
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 2,972 239,197,670.33 98.51 80,483.74 10.18 75.1 82.69
30 - 59 45 3,385,380.86 1.39 75,230.69 10.93 76.36 77.87
60 - 89 3 220,765.91 0.09 73,588.64 10.12 69.84 37.37
- ---------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Index Type Count Balance Total Balance Coupon CLTV Doc
- ---------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Libor - 6 Month 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
ARM - 6 Month 1,636 127,829,808.91 52.65 78,135.58 9.99 75.11 81.83
ARM - 2 Year/6Month 1,223 98,756,977.02 40.67 80,749.78 10.38 74.79 82.91
ARM - 3 Year/6 Month 161 16,217,031.17 6.68 100,726.90 10.61 77.10 86.50
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
1st Lien 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
Non-Balloon 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
Single Family 2,693 215,195,077.47 88.63 79,909.05 10.21 75.16 82.98
Detached
2-4 Family 116 9,938,087.17 4.09 85,673.17 10.2 74.19 74.48
PUD 50 6,761,855.75 2.78 135,237.12 9.5 77.1 77.43
Manufactured Housing 96 5,881,752.10 2.42 61,268.25 10.4 75.05 90.52
Condo 39 3,291,977.92 1.36 84,409.69 9.83 70.12 74.87
Single Family Attached 25 1,625,066.69 0.67 65,002.67 9.92 76.68 92.88
Mixed Use 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ---- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ==== ========== ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 2,053 159,558,667.78 65.72 77,719.76 10.21 74.91 84.87
Purchase 751 68,521,979.45 28.22 91,240.98 10.09 76.09 77.66
Debt Consol. & Home 98 7,092,500.30 2.92 72,372.45 10.37 71.54 80.82
Improve.
Other 54 4,165,596.75 1.72 77,140.68 10.65 75.89 78.62
Home Improvement 64 3,465,072.82 1.43 54,141.76 10.61 71.65 82.95
-- ------------ ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
Owner Occupied 2,865 233,792,936.71 96.29 81,603.12 10.19 75.42 82.92
Investor Owned 155 9,010,880.39 3.71 58,134.71 10.16 67.12 73.77
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
Full Doc -Asset and 2,562 200,515,359.27 82.58 78,265.17 10.19 76.67 100
Income
No Income Verifier 248 24,115,154.81 9.93 97,238.53 10.18 70.23 0
No Documentation 210 18,173,303.02 7.48 86,539.54 10.24 64.39 0
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 948 59,044,777.72 24.32 62,283.52 10.82 72.82 85.43
California 204 26,498,047.33 10.91 129,892.39 9.26 76.61 75.46
Ohio 221 15,498,662.00 6.38 70,129.69 9.99 76.87 91.85
Colorado 127 12,141,063.43 5 95,598.92 10.04 74.45 78.99
Utah 112 11,482,302.62 4.73 102,520.56 9.85 76.86 89.35
Washington 104 10,797,424.13 4.45 103,821.39 9.41 75.23 69.7
Texas 104 9,967,861.20 4.11 95,844.82 10.1 75.65 78.7
Illinois 106 9,036,827.21 3.72 85,253.09 10.65 76.69 89.8
Arizona 84 7,248,456.73 2.99 86,291.15 9.92 77.81 79.86
New Mexico 71 6,942,843.56 2.86 97,786.53 10.55 75.07 59.7
Indiana 86 5,507,438.51 2.27 64,039.98 10.47 75.55 86.54
Florida 58 5,370,819.87 2.21 92,600.34 9.88 74.56 77.19
Iowa 97 4,927,714.27 2.03 50,801.18 10.61 75.11 94.15
Missouri 76 4,836,704.56 1.99 63,640.85 10.55 75.78 94.38
Maryland 40 4,152,214.27 1.71 103,805.36 9.91 76.9 94.54
Oregon 44 3,972,267.64 1.64 90,278.81 9.93 73.95 74.61
Connecticut 39 3,914,512.00 1.61 100,372.10 9.83 74.39 82.41
Wisconsin 63 3,820,818.30 1.57 60,647.91 10.44 72.87 87.3
Kentucky 42 2,975,407.72 1.23 70,843.04 9.48 79.45 91.12
Georgia 25 2,823,803.48 1.16 112,952.14 10.71 80.24 81.46
North Carolina 40 2,766,928.89 1.14 69,173.22 10.38 75.14 87.15
New York 23 2,584,022.30 1.06 112,348.80 10.11 72.69 89.3
Pennsylvania 28 2,535,309.95 1.04 90,546.78 10.45 77.46 82.48
Tennessee 23 2,512,125.37 1.03 109,222.84 10.23 80.42 93.49
Nevada 22 2,502,630.46 1.03 113,755.93 9.99 76.94 83.98
Kansas 41 2,392,621.74 0.99 58,356.63 10.73 76.51 87.16
Massachusetts 21 2,271,568.48 0.94 108,169.93 10.18 74.49 80.23
Idaho 28 2,110,608.77 0.87 75,378.88 10.06 73.01 70.85
Hawaii 10 1,797,612.92 0.74 179,761.29 9.46 68.55 74.07
New Jersey 15 1,525,613.40 0.63 101,707.56 11.08 75.43 91.48
Minnesota 21 1,434,255.43 0.59 68,297.88 10.56 71.77 72.53
Montana 10 1,220,098.26 0.5 122,009.83 9.57 76.17 67.23
Nebraska 19 1,029,848.27 0.42 54,202.54 9.94 73.04 89.62
Virginia 11 1,018,140.18 0.42 92,558.20 10.08 74.42 83.74
Oklahoma 11 879,951.14 0.36 79,995.56 10.37 78.29 68.34
Rhode Island 7 747,256.49 0.31 106,750.93 9.89 66.81 38.25
South Carolina 10 620,954.56 0.26 62,095.46 10.32 76.59 83.97
West Virginia 9 463,103.82 0.19 51,455.98 10.29 75.2 100
Wyoming 5 342,799.76 0.14 68,559.95 10.83 79.84 73.31
Arkansas 6 330,335.08 0.14 55,055.85 10.1 68.6 80.94
New Hampshire 3 237,224.02 0.1 79,074.67 9.84 74.98 100
Maine 1 155,905.49 0.06 155,905.49 8.5 75 0
District of Columbia 2 154,477.35 0.06 77,238.68 10.74 75 100
Louisiana 1 112,500.00 0.05 112,500.00 9.7 82.12 100
Delaware 1 71,969.80 0.03 71,969.80 10.25 79.56 100
South Dakota 1 25,988.62 0.01 25,988.62 10.05 65 0
----- -------------- ----- --------- ----- ----- ------
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========= ===== ===== ======
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
A 1,268 120,925,675.18 49.8 95,367.25 9.72 77.26 76.32
B 832 64,051,964.54 26.38 76,985.53 10.19 74.59 86.27
C 767 50,799,405.28 20.92 66,231.30 11.03 72.78 92.15
D 152 6,916,772.10 2.85 45,505.08 12.29 59.68 88.93
M 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Margins Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------------- ----- ---------- ------ ----- -----
0.00 - 3.99 10 1,473,802.59 0.61 147,380.26 9.27 80.49 64.42
4.00 - 4.99 86 9,626,117.65 3.96 111,931.60 9 76.58 89.86
5.00 - 5.99 700 71,159,741.41 29.31 101,656.77 9.39 76.55 84.39
6.00 - 6.99 1,045 85,097,755.46 35.05 81,433.26 10.14 76 82.64
7.00 - 7.99 798 54,367,025.07 22.39 68,129.10 10.87 73.48 81.4
8.00 - 8.99 319 17,713,584.82 7.3 55,528.48 11.79 70.31 78.45
9.00 - 9.99 59 3,290,676.97 1.36 55,774.19 12.87 67.69 70.74
10.00 - 10.99 3 75,113.13 0.03 25,037.71 14.19 55.81 72.85
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 0.000
Max: 10.750
Weighted Average: 6.510
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Initial Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C>
1.000 1,643 128,374,613.77 52.87 78,134.27 9.99 75.11 81.9
1.250 1 104,949.75 0.04 104,949.75 9.63 70 100
1.500 4 268,605.31 0.11 67,151.33 10.58 70.89 66.12
2.000 8 830,867.12 0.34 103,858.39 10.57 80.57 100
2.375 1 102,937.59 0.04 102,937.59 8.5 64.38 100
3.000 1,339 111,241,879.21 45.82 83,078.33 10.4 75.07 83.12
6.000 24 1,879,964.35 0.77 78,331.85 11.26 76.98 89.78
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 6.000
Weighted Average: 1.960
Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Rate Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
1.00 2,864 226,621,607.16 93.34 79,127.66 10.24 75.17 83.03
1.25 1 104,949.75 0.04 104,949.75 9.63 70 100
1.50 150 15,389,206.64 6.34 102,594.71 9.46 74.11 75.08
2.00 1 194,000.00 0.08 194,000.00 10.5 77.6 100
3.00 4 494,053.55 0.2 123,513.39 11.07 79.45 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 3.000
Weighted Average: 1.037
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Maximum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11.01 - 12.00 1 76,000.00 0.03 76,000.00 5.99 100 100
12.01 - 13.00 6 907,890.24 0.37 151,315.04 6.88 71.97 79.61
13.01 - 14.00 33 4,206,198.18 1.73 127,460.55 7.66 75.44 77.73
14.01 - 15.00 204 21,514,455.36 8.86 105,463.02 8.58 75.93 79.48
15.01 - 16.00 728 66,982,659.77 27.59 92,009.15 9.42 76.17 83.48
16.01 - 17.00 1,054 83,802,214.33 34.51 79,508.74 10.33 75.94 85.26
17.01 - 18.00 678 46,608,172.32 19.2 68,743.62 11.21 73.64 80.92
18.01 - 19.00 210 13,407,117.17 5.52 63,843.42 12.01 72.91 77.6
19.01 - 20.00 56 3,114,355.96 1.28 55,613.50 12.98 65.5 63.25
20.01 - 21.00 40 1,758,120.67 0.72 43,953.02 14.16 62.8 89.59
21.01 - 22.00 9 379,839.71 0.16 42,204.41 14.32 53.86 72.26
22.01 - 23.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 11.990
Max: 22.100
Weighted Average: 16.447
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Minimum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
3.01 - 4.00 1 110,516.35 0.05 110,516.35 10.38 74.97 100
4.01 - 5.00 3 296,543.49 0.12 98,847.83 8.77 74.59 100
5.01 - 6.00 12 1,047,267.61 0.43 87,272.30 8.86 77.38 83.69
6.01 - 7.00 24 3,225,639.15 1.33 134,401.63 8.51 77.13 78.25
7.01 - 8.00 57 6,223,564.34 2.56 109,185.34 8.25 74.99 72.94
8.01 - 9.00 334 34,674,980.99 14.28 103,817.31 8.73 75.95 82.37
9.01 - 10.00 783 71,279,594.40 29.36 91,033.96 9.64 76.28 82.81
10.01 - 11.00 1,002 76,893,685.01 31.67 76,740.20 10.54 75.74 85.01
11.01 - 12.00 576 37,062,246.51 15.26 64,344.18 11.52 73.33 81.62
12.01 - 13.00 151 8,379,587.13 3.45 55,493.95 12.51 69.15 74.2
13.01 - 14.00 39 1,966,489.35 0.81 50,422.80 13.44 61.83 66.04
14.01 - 15.00 37 1,596,909.38 0.66 43,159.71 14.38 58.92 87.39
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 4.000
Max: 15.100
Weighted Average: 10.122
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Next Rate Outstanding Pct. Average Wtd. Wtd. Pct.
Adjustment Principal of Principal Avg. Avg. Full
Date Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1997-05 6 666,319.56 0.27 111,053.26 10.07 77.98 71.47
1997-06 45 3,680,976.26 1.52 81,799.47 9.94 77.24 81.21
1997-07 72 5,683,836.40 2.34 78,942.17 10.03 77.65 85.73
1997-08 392 31,878,314.32 13.13 81,322.23 10.33 75.73 79.63
1997-09 419 30,189,928.25 12.43 72,052.33 10.05 73.81 85.04
1997-10 495 38,590,987.28 15.89 77,961.59 9.8 74.78 81.39
1997-11 199 16,443,796.84 6.77 82,632.14 9.65 75.39 79.99
1997-12 8 695,650.00 0.29 86,956.25 10.06 79.9 92.99
1998-09 1 126,375.42 0.05 126,375.42 8.9 84.95 100
1998-11 4 199,206.32 0.08 49,801.58 11.39 75.1 93.98
1998-12 7 343,041.33 0.14 49,005.90 10.44 70.82 100
1999-01 24 1,830,770.10 0.75 76,282.09 11.1 80.71 90.75
1999-02 110 10,084,825.92 4.15 91,680.24 10.42 76.61 82.84
1999-03 219 18,018,894.73 7.42 82,278.06 10.32 73.05 81.35
1999-04 429 35,286,858.69 14.53 82,253.75 10.37 74.75 81.97
1999-05 392 30,845,204.51 12.7 78,686.75 10.32 74.92 83.49
1999-06 37 2,021,800.00 0.83 54,643.24 11.32 74.66 92.71
1999-09 1 123,918.97 0.05 123,918.97 11.13 90 100
1999-12 3 389,364.30 0.16 129,788.10 10.21 73.71 100
2000-01 5 430,133.94 0.18 86,026.79 12.48 74.86 100
2000-02 15 1,118,679.59 0.46 74,578.64 11.22 76.58 87.21
2000-03 44 4,642,456.33 1.91 105,510.37 10.45 77.81 92.23
2000-04 51 4,780,653.04 1.97 93,738.29 10.62 76.61 82.73
2000-05 42 4,731,825.00 1.95 112,662.50 10.46 77.19 81.82
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min (in months): 1
Max: 35
Weighted Average: 13.06
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 7 5
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 12.81 9.69 7.10 6.26 5.27 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
Window Mnths 111 2 52 57 51 47 28 18
Class A-8
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
Start Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
End Prin 1/15/24 3/15/23 11/15/17 1/15/14 5/15/12 5/15/12 10/15/11 1/15/07
Window Mnths 33 131 67 54 64 74 93 77
Class A-9
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/09 5/15/12 5/15/12 5/15/12 5/15/12 8/15/11 9/15/07
Window Mnths 143 143 143 143 142 141 131 78
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-1F
Avg Life 18.16 11.58 9.00 7.21 5.85 5.46 5.00 4.23
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 5/15/26 8/15/16 12/15/12 5/15/12 8/15/10 8/15/09 5/15/08 5/15/05
Window Mnths 169 157 135 140 122 109 94 55
Class M-2F
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
Start Prin 5/15/12 8/15/03 10/15/00 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 7/15/25 12/15/13 5/15/12 6/15/11 10/15/08 12/15/07 11/15/06 4/15/04
Window Mnths 159 125 128 129 100 90 77 46
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.89 4.48 3.35 2.63 2.12 1.70 1.28 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 4/15/27 10/15/23 4/15/19 2/15/15 12/15/11 7/15/09 9/15/07 10/15/99
Window Mnths 358 316 262 212 174 145 123 28
Class M-1A
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 4/15/27 9/15/21 10/15/16 12/15/12 2/15/10 1/15/08 5/15/06 1/15/05
Window Mnths 49 226 184 149 114 85 61 64
Class M-2A
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 3/15/27 10/15/19 11/15/14 4/15/11 9/15/08 11/15/06 6/15/05 5/15/04
Window Mnths 48 203 161 129 98 75 57 39
Class B-1A
Avg Life 27.97 10.21 7.60 5.96 4.88 4.22 3.81 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 1/15/27 6/15/16 12/15/11 11/15/08 10/15/06 3/15/05 1/15/04 4/15/02
Window Mnths 46 163 126 100 76 57 43 22
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 8/15/99 7/15/00 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 11 5
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 11.93 9.04 6.72 6.04 5.25 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
Window Mnths 111 2 20 25 26 24 22 18
Class A-8
Avg Life 27.45 14.93 12.26 9.51 7.59 6.93 6.18 4.43
Start Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 8 1 1 1 1 1 1 6
Class A-9
Avg Life 12.09 8.07 7.28 6.73 6.23 5.95 5.56 4.46
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 143 143 111 78 54 45 35 9
Class M-1F
Avg Life 18.08 11.38 8.53 6.56 5.29 4.92 4.51 3.88
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 46 37 14
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-2F
Avg Life 17.91 11.38 8.53 6.56 5.29 4.90 4.47 3.67
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 47 38 18
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.69 4.28 3.22 2.52 2.03 1.64 1.25 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 12/15/24 5/15/12 9/15/09 12/15/04 1/15/06 8/15/03 8/15/03 10/15/99
Window Mnths 330 179 147 114 91 83 74 28
Class M-1A
Avg Life 27.23 10.18 7.75 6.06 5.01 4.73 5.14 2.75
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 53 41 28 27
Class M-2A
Avg Life 27.23 10.18 7.75 6.06 4.96 4.44 4.19 4.32
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 54 45 35 10
Class B-1A
Avg Life 27.23 9.98 7.53 5.89 4.81 4.20 3.80 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 55 47 38 18
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-1
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 86 38 13 0 0 0 0 0
6/15/99 78 0 0 0 0 0 0 0
6/15/00 70 0 0 0 0 0 0 0
6/15/01 61 0 0 0 0 0 0 0
6/15/02 50 0 0 0 0 0 0 0
6/15/03 39 0 0 0 0 0 0 0
6/15/04 27 0 0 0 0 0 0 0
6/15/05 16 0 0 0 0 0 0 0
9/15/06 3 0 0 0 0 0 0 0
6/15/07 0 0 0 0 0 0 0 0
6/15/08 0 0 0 0 0 0 0 0
6/15/09 0 0 0 0 0 0 0 0
6/15/10 0 0 0 0 0 0 0 0
6/15/11 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 4.83 0.86 0.67 0.57 0.5 0.48 0.45 0.38
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-2
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 89 66 56 42 0
6/15/99 100 65 14 0 0 0 0 0
6/15/00 100 2 0 0 0 0 0 0
6/15/01 100 0 0 0 0 0 0 0
6/15/02 100 0 0 0 0 0 0 0
6/15/03 100 0 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 91 0 0 0 0 0 0 0
6/15/08 77 0 0 0 0 0 0 0
6/15/09 61 0 0 0 0 0 0 0
6/15/10 43 0 0 0 0 0 0 0
6/15/11 23 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-3
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 96
6/15/99 100 100 100 78 48 36 20 0
6/15/00 100 100 56 15 0 0 0 0
6/15/01 100 67 14 0 0 0 0 0
6/15/02 100 36 0 0 0 0 0 0
6/15/03 100 10 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-4
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 4
6/15/00 100 100 100 100 36 0 0 0
6/15/01 100 100 100 34 0 0 0 0
6/15/02 100 100 57 0 0 0 0 0
6/15/03 100 100 0 0 0 0 0 0
6/15/04 100 79 0 0 0 0 0 0
6/15/05 100 47 0 0 0 0 0 0
6/15/06 100 15 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.5 1.9
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-5
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 96 38 0
6/15/01 100 100 100 100 48 17 0 0
6/15/02 100 100 100 55 0 0 0 0
6/15/03 100 100 98 0 0 0 0 0
6/15/04 100 100 49 0 0 0 0 0
6/15/05 100 100 22 0 0 0 0 0
6/15/06 100 100 0 0 0 0 0 0
6/15/07 100 82 0 0 0 0 0 0
6/15/08 100 51 0 0 0 0 0 0
6/15/09 100 22 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
6/15/12 37 0 0 0 0 0 0 0
6/15/13 5 0 0 0 0 0 0 0
8/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.19 11.12 7.22 5.17 4.05 3.7 3.14 2.24
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-6
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 0
6/15/01 100 100 100 100 100 100 50 0
6/15/02 100 100 100 100 46 0 0 0
6/15/03 100 100 100 97 0 0 0 0
6/15/04 100 100 100 14 0 0 0 0
6/15/05 100 100 100 0 0 0 0 0
6/15/06 100 100 87 0 0 0 0 0
6/15/07 100 100 31 0 0 0 0 0
6/15/08 100 100 0 0 0 0 0 0
6/15/09 100 100 0 0 0 0 0 0
6/15/10 100 88 0 0 0 0 0 0
6/15/11 100 37 0 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 41 0 0 0 0 0 0 0
3/15/15 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 16.92 13.81 9.72 6.62 5.04 4.6 4.06 2.54
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-7
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 15
6/15/01 100 100 100 100 100 100 100 2
6/15/02 100 100 100 100 100 95 55 0
6/15/03 100 100 100 100 73 47 15 0
6/15/04 100 100 100 100 38 17 0 0
6/15/05 100 100 100 88 28 11 0 0
6/15/06 100 100 100 63 11 0 0 0
6/15/07 100 100 100 40 0 0 0 0
6/15/08 100 100 89 19 0 0 0 0
6/15/09 100 100 65 2 0 0 0 0
6/15/10 100 100 43 0 0 0 0 0
6/15/11 100 100 24 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 100 0 0 0 0 0 0 0
6/15/15 98 0 0 0 0 0 0 0
6/15/16 91 0 0 0 0 0 0 0
6/15/17 84 0 0 0 0 0 0 0
6/15/18 75 0 0 0 0 0 0 0
6/15/19 65 0 0 0 0 0 0 0
6/15/20 54 0 0 0 0 0 0 0
6/15/21 42 0 0 0 0 0 0 0
6/15/22 29 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
5/15/24 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 23.08 14.92 12.81 9.69 7.1 6.26 5.27 3.02
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-8
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 100 100 100 100 100
6/15/02 100 100 100 100 100 100 100 28
6/15/03 100 100 100 100 100 100 100 7
6/15/04 100 100 100 100 100 100 86 4
6/15/05 100 100 100 100 100 100 82 4
6/15/06 100 100 100 100 100 94 65 4
6/15/07 100 100 100 100 90 70 47 3
6/15/08 100 100 100 100 67 51 32 0
6/15/09 100 100 100 100 49 36 18 0
6/15/10 100 100 100 80 36 22 8 0
6/15/11 100 100 100 62 23 12 1 0
6/15/12 100 92 40 10 0 0 0 0
6/15/13 100 71 27 3 0 0 0 0
6/15/14 100 53 15 0 0 0 0 0
6/15/15 100 41 8 0 0 0 0 0
6/15/16 100 36 4 0 0 0 0 0
6/15/17 100 29 1 0 0 0 0 0
6/15/18 100 22 0 0 0 0 0 0
6/15/19 100 17 0 0 0 0 0 0
6/15/20 100 12 0 0 0 0 0 0
6/15/21 100 7 0 0 0 0 0 0
6/15/22 100 3 0 0 0 0 0 0
6/15/23 100 0 0 0 0 0 0 0
6/15/24 95 0 0 0 0 0 0 0
6/15/25 64 0 0 0 0 0 0 0
6/15/26 27 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-9
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 99 94 90 89 89 89 89 95
6/15/02 98 87 83 80 78 77 76 75
6/15/03 97 77 72 66 61 59 56 50
6/15/04 95 67 60 52 45 42 39 29
6/15/05 87 46 34 24 17 15 13 16
6/15/06 79 31 19 11 7 5 4 5
6/15/07 72 20 11 5 2 2 1 0
6/15/08 65 14 6 2 1 1 0 0
6/15/09 57 9 3 1 0 0 0 0
6/15/10 49 6 2 0 0 0 0 0
6/15/11 42 4 1 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 18
6/15/03 100 100 74 52 36 31 25 10
6/15/04 100 90 61 41 27 22 17 5
6/15/05 100 79 51 32 20 16 12 0
6/15/06 100 69 42 25 14 11 8 0
6/15/07 100 61 35 19 10 8 3 0
6/15/08 100 53 29 15 8 4 0 0
6/15/09 100 46 24 12 4 0 0 0
6/15/10 100 40 19 9 0 0 0 0
6/15/11 100 34 16 7 0 0 0 0
6/15/12 47 10 1 0 0 0 0 0
6/15/13 41 8 0 0 0 0 0 0
6/15/14 34 5 0 0 0 0 0 0
6/15/15 29 2 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 23 0 0 0 0 0 0 0
6/15/20 21 0 0 0 0 0 0 0
6/15/21 19 0 0 0 0 0 0 0
6/15/22 16 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
6/15/24 11 0 0 0 0 0 0 0
6/15/25 7 0 0 0 0 0 0 0
5/15/26 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 18.16 11.58 9 7.21 5.85 5.46 5 4.23
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 15
6/15/03 100 100 74 52 36 31 25 5
6/15/04 100 90 61 41 27 21 14 0
6/15/05 100 79 51 32 18 13 7 0
6/15/06 100 69 42 25 10 6 1 0
6/15/07 100 61 35 17 5 2 0 0
6/15/08 100 53 29 11 1 0 0 0
6/15/09 100 46 23 7 0 0 0 0
6/15/10 100 40 17 3 0 0 0 0
6/15/11 100 34 12 0 0 0 0 0
6/15/12 47 4 0 0 0 0 0 0
6/15/13 41 1 0 0 0 0 0 0
6/15/14 34 0 0 0 0 0 0 0
6/15/15 29 0 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 22 0 0 0 0 0 0 0
6/15/20 20 0 0 0 0 0 0 0
6/15/21 17 0 0 0 0 0 0 0
6/15/22 13 0 0 0 0 0 0 0
6/15/23 9 0 0 0 0 0 0 0
6/15/24 5 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
7/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 10
6/15/02 100 100 88 67 49 37 22 0
6/15/03 100 100 74 52 23 13 0 0
6/15/04 100 90 61 32 4 0 0 0
6/15/05 100 79 51 14 0 0 0 0
6/15/06 100 69 34 0 0 0 0 0
6/15/07 100 61 20 0 0 0 0 0
6/15/08 100 53 8 0 0 0 0 0
6/15/09 100 42 0 0 0 0 0 0
6/15/10 100 30 0 0 0 0 0 0
6/15/11 100 18 0 0 0 0 0 0
6/15/12 45 0 0 0 0 0 0 0
6/15/13 32 0 0 0 0 0 0 0
6/15/14 18 0 0 0 0 0 0 0
6/15/15 9 0 0 0 0 0 0 0
6/15/16 6 0 0 0 0 0 0 0
6/15/17 3 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.87 11 7.91 6.07 4.9 4.56 4.16 3.38
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-10
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 98 80 74 67 61 55 49 37
6/15/99 98 64 54 44 35 27 19 6
6/15/00 97 50 38 27 17 9 2 0
6/15/01 96 39 25 19 15 9 2 0
6/15/02 96 29 20 14 10 7 2 0
6/15/03 95 23 16 11 7 5 2 0
6/15/04 94 19 12 8 5 3 2 0
6/15/05 93 16 10 6 3 2 1 0
6/15/06 92 14 8 4 2 1 1 0
6/15/07 91 11 6 3 2 1 0 0
6/15/08 89 10 5 2 1 0 0 0
6/15/09 88 8 4 2 1 0 0 0
6/15/10 86 7 3 1 0 0 0 0
6/15/11 84 6 2 1 0 0 0 0
6/15/12 82 5 2 1 0 0 0 0
6/15/13 79 4 1 0 0 0 0 0
6/15/14 76 3 1 0 0 0 0 0
6/15/15 73 3 1 0 0 0 0 0
6/15/16 69 2 1 0 0 0 0 0
6/15/17 64 2 0 0 0 0 0 0
6/15/18 59 1 0 0 0 0 0 0
6/15/19 54 1 0 0 0 0 0 0
6/15/20 48 1 0 0 0 0 0 0
6/15/21 40 1 0 0 0 0 0 0
6/15/22 32 0 0 0 0 0 0 0
6/15/23 24 0 0 0 0 0 0 0
6/15/24 19 0 0 0 0 0 0 0
6/15/25 13 0 0 0 0 0 0 0
6/15/26 6 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 20.89 4.48 3.35 2.63 2.12 1.7 1.28 0.9
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 4
6/15/01 100 100 100 78 59 65 95 4
6/15/02 100 100 80 58 41 28 50 4
6/15/03 100 91 64 43 29 18 23 4
6/15/04 100 77 50 32 20 12 7 3
6/15/05 100 65 40 24 14 8 4 0
6/15/06 100 55 32 18 10 5 0 0
6/15/07 100 46 25 13 7 2 0 0
6/15/08 100 39 20 10 5 0 0 0
6/15/09 100 32 16 7 2 0 0 0
6/15/10 100 27 12 5 0 0 0 0
6/15/11 100 23 10 4 0 0 0 0
6/15/12 100 19 8 1 0 0 0 0
6/15/13 100 16 6 0 0 0 0 0
6/15/14 100 13 5 0 0 0 0 0
6/15/15 100 11 3 0 0 0 0 0
6/15/16 100 9 1 0 0 0 0 0
6/15/17 100 7 0 0 0 0 0 0
6/15/18 100 6 0 0 0 0 0 0
6/15/19 100 4 0 0 0 0 0 0
6/15/20 100 2 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 44 32 79
6/15/02 100 100 80 58 41 28 19 36
6/15/03 100 91 64 43 29 18 11 11
6/15/04 100 77 50 32 20 12 5 0
6/15/05 100 65 40 24 14 7 0 0
6/15/06 100 55 32 18 10 1 0 0
6/15/07 100 46 25 13 5 0 0 0
6/15/08 100 39 20 10 1 0 0 0
6/15/09 100 32 16 6 0 0 0 0
6/15/10 100 27 12 2 0 0 0 0
6/15/11 100 23 10 0 0 0 0 0
6/15/12 100 19 7 0 0 0 0 0
6/15/13 100 16 3 0 0 0 0 0
6/15/14 100 13 1 0 0 0 0 0
6/15/15 100 11 0 0 0 0 0 0
6/15/16 100 9 0 0 0 0 0 0
6/15/17 100 5 0 0 0 0 0 0
6/15/18 100 3 3 0 0 0 0 0
6/15/19 100 1 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
3/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 42 28 8
6/15/02 100 100 80 58 39 24 12 0
6/15/03 100 91 64 42 24 12 3 0
6/15/04 100 77 50 28 13 4 0 0
6/15/05 100 65 38 18 6 0 0 0
6/15/06 100 55 28 11 1 0 0 0
6/15/07 100 45 20 5 0 0 0 0
6/15/08 100 36 13 1 0 0 0 0
6/15/09 100 29 8 0 0 0 0 0
6/15/10 100 22 4 0 0 0 0 0
6/15/11 100 17 1 0 0 0 0 0
6/15/12 100 12 0 0 0 0 0 0
6/15/13 100 8 0 0 0 0 0 0
6/15/14 100 5 0 0 0 0 0 0
6/15/15 100 2 0 0 0 0 0 0
6/15/16 100 0 0 0 0 0 0 0
6/15/17 100 0 0 0 0 0 0 0
6/15/18 100 0 0 0 0 0 0 0
6/15/19 100 0 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 20 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 27.97 10.21 7.6 5.96 4.88 4.22 3.81 3.5
</TABLE>
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
1 7/15/97 9.18090
2 8/15/97 9.21156
3 9/15/97 9.27308
4 10/15/97 9.44852
5 11/15/97 9.60995
6 12/15/97 9.70739
7 1/15/98 9.71026
8 2/15/98 9.74092
9 3/15/98 9.80191
10 4/15/98 9.97741
11 5/15/98 10.1379
12 6/15/98 10.23536
13 7/15/98 10.23828
14 8/15/98 10.26899
15 9/15/98 10.33005
16 10/15/98 10.50568
17 11/15/98 10.66627
18 12/15/98 10.76382
19 1/15/99 10.76681
20 2/15/99 10.79762
21 3/15/99 10.85879
22 4/15/99 11.03462
23 5/15/99 12.40522
24 6/15/99 12.50273
25 7/15/99 12.50565
26 8/15/99 12.53640
27 9/15/99 12.59751
28 10/15/99 12.77331
29 11/15/99 13.37436
30 12/15/99 13.47190
31 1/15/00 13.47485
32 2/15/00 13.50563
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
33 3/15/00 13.56679
34 4/15/00 13.74267
35 5/15/00 14.56199
36 6/15/00 14.65948
37 7/15/00 14.66236
38 8/15/00 14.66984
39 9/15/00 14.68066
40 10/15/00 14.70752
41 11/15/00 15.25165
42 12/15/00 15.28301
43 1/15/01 15.28302
44 2/15/01 15.28303
45 3/15/01 15.28304
46 4/15/01 15.28305
47 5/15/01 15.38542
48 6/15/01 15.38542
49 7/15/01 15.38543
50 8/15/01 15.38543
51 9/15/01 15.38543
52 10/15/01 15.38544
53 11/15/01 15.43630
54 12/15/01 15.43631
55 1/15/02 15.43631
56 2/15/02 15.43631
57 3/15/02 15.43632
58 4/15/02 15.43632
59 5/15/02 15.43633
60 6/15/02 15.43633
61 7/15/02 15.43633
62 8/15/02 15.43634
63 9/15/02 15.43634
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
64 10/15/02 15.43634
65 11/15/02 15.43635
66 12/15/02 15.43635
67 1/15/03 15.43636
68 2/15/03 15.43636
69 3/15/03 15.43637
70 4/15/03 15.43637
71 5/15/03 15.43637
72 6/15/03 15.43638
73 7/15/03 15.43638
74 8/15/03 15.43639
75 9/15/03 15.43639
76 10/15/03 15.43640
77 11/15/03 15.43640
78 12/15/03 15.43640
79 1/15/04 15.43641
80 2/15/04 15.43641
81 3/15/04 15.43642
82 4/15/04 15.43642
83 5/15/04 15.43643
84 6/15/04 15.43643
85 7/15/04 15.43644
86 8/15/04 15.43644
87 9/15/04 15.43645
88 10/15/04 15.43645
89 11/15/04 15.43646
90 12/15/04 15.43646
91 1/15/05 15.43647
92 2/15/05 15.43647
93 3/15/05 15.43648
94 4/15/05 15.43648
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
95 5/15/05 15.43649
96 6/15/05 15.43650
97 7/15/05 15.43650
98 8/15/05 15.43651
99 9/15/05 15.43651
100 10/15/05 15.43652
101 11/15/05 15.43652
102 12/15/05 15.43653
103 1/15/06 15.43654
104 2/15/06 15.43654
105 3/15/06 15.43655
106 4/15/06 15.43655
107 5/15/06 15.43656
108 6/15/06 15.43657
109 7/15/06 15.43657
110 8/15/06 15.43658
111 9/15/06 15.43659
112 10/15/06 15.43659
113 11/15/06 15.43660
114 12/15/06 15.43661
115 1/15/07 15.43661
116 2/15/07 15.43662
117 3/15/07 15.43663
118 4/15/07 15.43663
119 5/15/07 15.43664
120 6/15/07 15.43665
121 7/15/07 15.43665
122 8/15/07 15.43666
123 9/15/07 15.43667
124 10/15/07 15.43668
125 11/15/07 15.43668
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
126 12/15/07 15.43669
127 1/15/08 15.43670
128 2/15/08 15.43671
129 3/15/08 15.43671
130 4/15/08 15.43672
131 5/15/08 15.43673
132 6/15/08 15.43674
133 7/15/08 15.43675
134 8/15/08 15.43675
135 9/15/08 15.43676
136 10/15/08 15.43677
137 11/15/08 15.43678
138 12/15/08 15.43679
139 1/15/09 15.43680
140 2/15/09 15.43681
141 3/15/09 15.43681
142 4/15/09 15.43682
143 5/15/09 15.43683
144 6/15/09 15.43684
145 7/15/09 15.43685
146 8/15/09 15.43686
147 9/15/09 15.43687
148 10/15/09 15.43688
149 11/15/09 15.43689
150 12/15/09 15.43690
151 1/15/10 15.43691
152 2/15/10 15.43692
153 3/15/10 15.43693
154 4/15/10 15.43694
155 5/15/10 15.43695
156 6/15/10 15.43696
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
157 7/15/10 15.43697
158 8/15/10 15.43698
159 9/15/10 15.43699
160 10/15/10 15.43700
161 11/15/10 15.43701
162 12/15/10 15.43702
163 1/15/11 15.43703
164 2/15/11 15.43705
165 3/15/11 15.43706
166 4/15/11 15.43707
167 5/15/11 15.43708
168 6/15/11 15.43709
169 7/15/11 15.43710
170 8/15/11 15.43712
171 9/15/11 15.43713
172 10/15/11 15.43714
173 11/15/11 15.43715
174 12/15/11 15.43717
175 1/15/12 15.43718
176 2/15/12 15.43719
- --------------------------------------------------------------------------------
NOTE: Percentages may not add to 100.00% due to rounding.
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
EXHIBIT 99.3
- --------------------------------------------------------------------------------
--------------------
$1,265,000,000
ContiMortgage
Home Equity Loan Trust 1997-3
Home Equity ABS
--------------------
Computational Materials
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Transaction Highlights(1)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Final
Scheduled
Class Class Size Expected Ratings Average Payment Payment Spread to
(2) ($ millions) Tranche Type (Moody's/Fitch/S&P) Life (3,4) Date Window (3,4) Day Count Benchmark
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 130 Fixed Sequential Aaa/AAA/AAA 0.50 years/MAT 4/15/07 7/97-4/98 / 10 mo. 30/360
A-2 135 Fixed Sequential Aaa/AAA/AAA 1.15 years/MAT 5/15/12 4/98-11/98 / 8 mo. 30/360
A-3 215 Fixed Sequential Aaa/AAA/AAA 2.04 years/MAT 5/15/12 11/98-2/00 / 16 mo. 30/360
A-4 73 Fixed Sequential Aaa/AAA/AAA 3.04 years/MAT 5/15/12 2/00-12/00 / 11 mo. 30/360
A-5 71 Fixed Sequential Aaa/AAA/AAA 4.05 years/MAT 8/15/13 12/00-2/02 / 15 mo. 30/360
A-6 36 Fixed Sequential Aaa/AAA/AAA 5.04 years/MAT 3/15/15 2/02-12/02 / 11 mo. 30/360
A-7 65 Fixed Sequential Aaa/AAA/AAA 7.10 years/MAT 5/15/24 12/02-2/07 / 51 mo. 30/360
A-8 38.6 Fixed Sequential Aaa/AAA/AAA 12.27 years/MAT 8/15/28 2/07-5/12 / 64 mo. 30/360
A-9 68 Fixed Lockout Aaa/AAA/AAA 6.51 years/MAT 8/15/28 8/00-5/12 / 142 mo. 30/360
M-1F 54.337 Fixed Mezzanine Aa2/AA/AA 5.85 years/MAT 8/15/28 7/00-8/10 / 122 mo. 30/360
M-2F 49.613 Fixed Mezzanine A3/A/A- 5.62 years/MAT 8/15/28 7/00-10/08 / 100 mo. 30/360
B-1F 9.45 Fixed Subordinate Baa3/BBB/BBB- 4.90 years/MAT 8/15/28 7/00-9/04 / 51 mo. 30/360
A-10 259.2 Floater Aaa/AAA/AAA 2.03 years*/CALL 8/15/28 7/97-1/05 / 91* mo. Actual/360
M-1A 25.6 Floater Mezzanine Aa2/AA/AA 5.01 years*/CALL 8/15/28 9/00-1/05 / 53* mo. Actual/360
M-2A 20 Floater Mezzanine A2/A/A- 4.96 years*/CALL 8/15/28 8/00-1/05 / 54* mo. Actual/360
B-1A 15.2 Floater Subordinate Baa3/BBB/BBB- 4.81 years*/CALL 8/15/28 7/00-1/05 / 55* mo. Actual/360
A-11IO -- Interest Only Aaa/AAA/AAA Morgan Stanley Sole Managed
- ------------------------------------------------------------------------------------------------------------------------------------
Total $1.265 -- -- -- -- -- -- --
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) The information presented is based on a representative cut-off pool as of
the 5/9/97 statistical calculation date.
(2) Class A-1 through A-9, M-1F, M-2F, and B-1F are backed by the fixed rate
loan pool; Classes A-10, M-1A, M-2A, and B-1A are backed by the ARM loan
pool.
(3) See "Pricing Prepayment Speed" below.
(4) Fixed Rate tranches are priced to maturity; Adjustable Rate tranches are
priced to call. The spread to LIBOR of the AAA ARM certificates doubles
after the clean-up call date and the spread to LIBOR of the subordinate
ARM certificates increases 1.5 times after the clean-up call date.
* To call
<PAGE>
<TABLE>
<S> <C>
Seller and Servicer: ContiMortgage Corporation
Trustee: Manufacturers and Traders Trust Company
Managers: MORGAN STANLEY DEAN WITTER (lead manager), ContiFinancial Services Corporation, Bear
Stearns, Credit Suisse First Boston, Greenwich Capital Markets, Lehman Brothers, Merrill Lynch
(co-managers)
Fixed Rate Certificate All classes are priced at 125% of the prepayment assumption ("PPM"). 100% PPM describes
Pricing Prepayment Speed: prepayments starting at 4.0% CPR in month 1, increasing by 1.455% CPR per month to 20% CPR in
month 12, and remaining at 20% CPR thereafter.
Adjustable Rate Certificate
Pricing Prepayment Speed: Constant 30% CPR.
Expected Pricing Date: June 4-5, 1997.
Expected Settlement: June 12, 1997 through DTC, Euroclear or CEDEL.
Distribution Dates: The 15th of each month, beginning July 15, 1997.
Optional Call: 10% Clean-up call (10% of original aggregate loan balances).
Net Available Funds Cap: The adjustable rate certificates will be subject to an available funds cap equal to the weighted
average coupon rate of the adjustable rate home equity loans less [1.01%] per annum (comprised of a
0.50% servicing fee, 0.01% trustee fee and a 0.50% carve out).
Tax Status: REMIC
ERISA Eligibility: The Class A certificates are ERISA eligible.
SMMEA Eligibility: Classes A-10 and M-1A are SMMEA eligible.
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Credit Enhancement for Fixed Rate Certificates
o Class A1-A9 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1F, M-2F, and B-1F certificates, totaling 12.0%
of the original loan amount.
o Class M-1F, M-2F, and B-1F Credit Enhancement:
1. Excess cash
2. Class M-1F is further enhanced by 6.25% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2F is further enhanced by 1.00% in subordinate certificates and
O/C building up to 1.0%; 4. Class B-1F is enhanced by O/C building up to
1.0%.
Credit Enhancement for Floating Rate Certificates
o Class A-10 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1A, M-2A, and B-1A certificates, totaling 19.0%
of the original loan amount.
o Class M-1A, M-2A, and B-1A Credit Enhancement:
1. Excess cash
2. Class M-1A is further enhanced by 11.00% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2A is further enhanced by 4.75% in subordinate certificates and
O/C building up to 1.0%;
4. Class B-1A is enhanced by O/C initially building up to 1.0%.
Overcollateralization
1. Before the stepdown date, overcollateralization initially builds to 1.0%
of the original loan amount for both loan groups (subject to performance
triggers);
2. On and after the step-down date to 2.0% of the outstanding loan balance
for the fixed rate group and 2.5% of the outstanding loan balance for
the adjustable rate group (subject to performance triggers);
3. Step down overcollateralization amount subject to floors of 0.50% of the
original loan amount for both loan groups (subject to performance
triggers).
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Interest Cashflow Priority
o Interest Collections (net of Servicing) will be allocated in the following
priority:
Fixed Rate Cashflows
1. Trustee fee
2. Senior bonds (Class A-1 through A-9 + A-11IO) current interest plus
unpaid interest shortfalls
3. M-1F current interest
4. M-2F current interest
5. B-1F current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Floating Rate Cashflows
1. Trustee Fee
2. Senior bond (Class A-10) current interest plus unpaid interest
shortfalls
3. M-1A current interest
4. M-2A current interest
5. B-1A current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
<PAGE>
Principal Cashflow Priority
o Collections of Principal before the stepdown date (July 2000), or during a
trigger event, will be allocated in the following priority:
Fixed Rate Cashflows
1. Pay A-9 according to the following Lockout Percentage:
July 1997 - June 2000 0%
July 2000 - June 2002 45%
July 2002 - June 2003 80%
July 2003 - June 2004 100%
July 2004 - 300%
2. Pay Classes A-1 through A-8 sequentially
3. Pay M-1F, M-2F, then B-1F (if Class A certificates are retired in
full)
Floating Rate Cashflows
1. Pay Class A-10
2. Pay M-1A, M-2A, then Class B-1A (if Class A certificates are retired
in full)
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
o Collections of Principal on and after the stepdown date (July 2000), and if
no trigger event is in effect will be allocated in the following priority:
(cont.)
Fixed Rate Cashflows
Pay Class A bonds, Class M-1F, Class M-2F, and Class B-1F pro-rata in
accordance with enhancement targets, equal to 2.0 times the initial
enhancement for each class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 74% 26.0%
Class M-1F 11.5 14.5
Class M-2F 10.5 4.0
Class B-1F 2.0 2.0
Overcollateralization 2.0
---
100%
Collections of Principal on and after the stepdown date (and if no trigger
event is in effect) will be allocated in the following priority (cont.):
Floating Rate Cashflows
Pay Class A-10, M-1A, M-2A, and B-1A pro-rata in accordance with
enhancement targets equal to 2.5 times the initial enhancement for each
class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 50% 50.0%
Class M-1A 20 30.0
Class M-2A 15.625 14.375
Class B-1A 11.875 2.5
Overcollateralization 2.500
-----
100.000%
o Stepdown Date
- Stepdown Date is the earlier to occur of (i) the later of (x) three
years (July 2000) or (y) when cred enhancement reaches its target level
and (ii) when the Class A Certificates are retired in full.
o Trigger Events
- [To be finalized with the rating agencies]
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral Description
o Collateral statistics are based on a representative pool as of the May 9,
1997 statistical calculation date. The actual statistics may vary.
<TABLE>
<CAPTION>
ARM Portfolio Fixed Rate Portfolio
------------- --------------------
<S> <C> <C>
Total Outstanding Balance: $242,803,817.10 $669,071,981.76
Number of Loans: 3,020 11,095
Average Remaining $80,398.61 (range: $9,996 - $431,053) $60,303.92 (range: $5,900 - $406,250)
Balance:
Interest Rate Index: o 52.65% 6-month LIBOR o 100.00% fixed rate loans
o 40.67% 2/28 adjustment
o 6.68% 3/27 adjustment
Amortization Method: 100.00% fully amortizing 47.97% fully amortizing / 52.03% balloons
WA Gross Coupon: 10.19% (range: 5.99% - 15.10%) 11.54% (range: 7.63% - 18.99%)
WA Gross Margin /
WA Life Cap: 6.51% Margin / 16.45% Cap N/A
WA Periodic Interest Rate 1.04% N/A
Caps:
WA Months to Roll: 13.06 months N/A
Original Weighted Average 359.09 months (range: 120 - 360 months) 221.45 months (range: 60 - 360 months)
Term:
Remaining Weighted
Average Term: 357.75 months (range: 117 - 360 months) 220.08 months (range: 54 - 360 months)
<PAGE>
Seasoning: 1.34 months (range: 0 - 10) 1.37 months (range: 0 - 23 months)
Lien Position: 100% first 92.98% first / 7.02% second
Original CLTV Ratio: 75.11% (range: 6.38% - 100.00%) 75.77% (range: 9.09% - 100.00%)
WA Debt to Income Ratio: 39.21% (range: 2.00% - 60.00%) 38.61% (range: 1.00% - 72.00%)
Credit Grade: 49.80% A, 26.38% B, 20.92% C, 2.85% D, 0.05% M 52.92% A, 26.39% B, 15.96% C, 4.19% D, 0.53% M
Documentation: 82.58% full doc, 9.93% no income verification, 86.22% full doc, 9.06% no income verification,
7.48% no doc 4.68% no doc, 0.04% other
Property Type: 89.30% single family, 4.09% 2-4 family, 2.78% 88.71% single family, 7.37% 2-4 family, 0.94%
PUD, 3.83% other PUD, 2.98% other
Owner Occupancy: 96.29% owner occupied, 3.71% investor owned 95.76% owner occupied, 4.24% investor owned
Loan Purpose: 70.06% debt consolidation and home improvement, 83.97% debt consolidation and home
28.22% purchase, 1.72% other improvement, 13.87% purchase, 2.16% other
Geographic Distribution: MI (24.32%), CA (10.91%), OH (6.38%), CO MI (10.13%), OH (8.59%), NY (8.32%), IL
(5.00%), with all remaining states under 5.0% (6.72%), FL (6.38%), IN (5.99%), PA (5.99%),
with all remaining states under 5.0%
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 1,678 31,967,075.16 4.78 19,050.70 12.93 61.05 90.51
25,000.01 - 50,000.00 3,911 146,609,403.52 21.91 37,486.42 12.1 71.12 90.02
50,000.00 - 50,000.00 2,788 171,847,449.61 25.68 61,638.25 11.49 76.51 88.81
75,000.00 - 100,000.00 1,268 109,573,097.51 16.38 86,414.11 11.29 77.81 86.18
100,000.00 - 125,000.00 681 76,009,905.82 11.36 111,615.13 11.16 79.65 85.48
125,000.00 - 150,000.00 344 46,910,975.03 7.01 136,369.11 11.08 79.85 82.58
150,000.00 - 175,000.00 163 26,284,092.43 3.93 161,252.10 11.07 79.6 80.12
175,000.00 - 200,000.00 108 20,129,262.95 3.01 186,382.06 11.11 80.37 77.06
200,000.00 - 225,000.00 51 10,832,250.66 1.62 212,397.07 11.18 80.93 80.5
225,000.00 - 250,000.00 38 9,088,775.12 1.36 239,178.29 11.2 78.29 73.37
250,000.00 - 275,000.00 21 5,487,753.67 0.82 261,321.60 10.85 81.94 71.39
275,000.00 - 300,000.00 13 3,760,558.45 0.56 289,273.73 11.02 79.56 54.29
300,000.00 - 325,000.00 13 4,118,829.13 0.62 316,833.01 10.62 77.33 46.41
325,000.00 - 350,000.00 9 3,047,372.72 0.46 338,596.97 10.61 71.88 78.31
350,000.00 - 400,000.00 8 2,998,929.98 0.45 374,866.25 11.02 76.48 87.09
400,000.00 - 450,000.00 1 406,250.00 0.06 406,250.00 10.99 65 100
- ----------------------- - ---------- ---- ---------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 5,900.00
Max: 406,250.00
Average: 60,303.92
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Range of Coupons Count Balance Total Balance Coupon CLTV Doc
- ---------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7.01 - 8.00 5 416,919.09 0.06 83,383.82 7.87 60.1 100
8.01 - 9.00 216 17,798,712.60 2.66 82,401.45 8.79 73.94 95.75
9.01 - 10.00 1,331 101,284,126.13 15.14 76,096.26 9.74 74.97 88.83
10.01 - 11.00 2,540 177,639,225.21 26.55 69,936.70 10.67 78.09 86.04
11.01 - 12.00 2,598 163,449,855.94 24.43 62,913.72 11.6 77.38 85.62
12.01 - 13.00 2,101 110,682,242.10 16.54 52,680.74 12.58 75.62 84.74
13.01 - 14.00 1,221 58,424,779.43 8.73 47,849.94 13.58 72.99 84.5
14.01 - 15.00 635 24,317,579.43 3.63 38,295.40 14.57 68.1 84.03
15.01 - 16.00 249 9,474,574.34 1.42 38,050.50 15.46 65.77 82.88
16.01 - 17.00 132 3,621,103.62 0.54 27,432.60 16.61 58.8 97.42
17.01 - 18.00 55 1,563,775.04 0.23 28,432.27 17.45 57.66 86.4
18.01 - 19.00 12 399,088.83 0.06 33,257.40 18.54 61.53 89.48
- ----- ----- -- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 7.63
Max: 18.99
WAC: 11.54
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 60
Max: 360
Weighted Average: 221.45
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 54
Max: 360
Weighted Average: 220.08
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 6,653 404,765,174.52 60.5 60,839.50 11.48 75.54 85.81
2 - 12 4,437 264,173,171.86 39.48 59,538.69 11.63 76.12 86.86
13 greater
than = 5 133,635.38 0.02 26,727.08 12.46 72.33 82.4
- -- - ---------- ---- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0
Max: 23
Weighted Average: 1.37
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 47 842,659.38 0.13 17,928.92 12.57 60.28 78.05
10.01 - 15.00 256 5,912,208.50 0.88 23,094.56 12.11 71.51 84.91
15.01 - 20.00 358 9,087,933.27 1.36 25,385.29 12.13 70.31 84.94
20.01 - 25.00 300 8,997,068.81 1.34 29,990.23 11.96 64.94 77.03
25.01 - 30.00 290 9,768,655.70 1.46 33,685.02 11.89 62.3 83.71
30.01 - 35.00 224 7,673,279.80 1.15 34,255.71 11.78 57.88 79.87
35.01 - 40.00 253 9,858,327.06 1.47 38,965.72 12.01 55.31 77.82
40.01 - 45.00 215 8,946,027.42 1.34 41,609.43 11.73 51.81 78.85
45.01 - 50.00 437 16,990,336.67 2.54 38,879.49 12.54 51.1 67.18
50.01 - 55.00 297 14,014,587.98 2.09 47,187.16 11.82 54.44 72.78
55.01 - 60.00 515 22,855,426.84 3.42 44,379.47 11.9 59.41 70
60.01 - 65.00 674 37,847,230.64 5.66 56,153.16 12.09 63.87 65.76
65.01 - 70.00 973 56,486,817.09 8.44 58,054.28 11.82 69.12 71.19
70.01 - 75.00 1,300 82,887,084.45 12.39 63,759.30 11.56 74.23 77.72
75.01 - 80.00 2,499 168,244,615.24 25.15 67,324.78 11.33 79.51 92.43
80.01 greater than = 2,457 208,659,722.91 31.19 84,924.59 11.25 86.72 98.2
- ----- ----- -------------- ----- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 6.90
Max: 100.00
Weighted Average: 72.55
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 3 32,938.44 0 10,979.48 13.55 9.43 100
10.01 - 15.00 14 278,733.41 0.04 19,909.53 12.59 13.73 61.71
15.01 - 20.00 34 721,890.59 0.11 21,232.08 12.06 18.37 77.71
20.01 - 25.00 64 1,774,176.87 0.27 27,721.51 11.9 23.02 60.57
25.01 - 30.00 99 2,673,330.71 0.4 27,003.34 12 27.8 74.35
30.01 - 35.00 125 3,450,532.05 0.52 27,604.26 11.94 32.81 73.73
35.01 - 40.00 172 5,672,027.76 0.85 32,976.91 12.14 37.6 71.43
40.01 - 45.00 182 6,808,145.67 1.02 37,407.39 11.8 42.73 72.68
45.01 - 50.00 430 16,189,842.76 2.42 37,650.80 12.59 48.56 65.56
50.01 - 55.00 307 13,995,139.92 2.09 45,586.77 11.86 53.13 70.39
55.01 - 60.00 547 23,323,025.06 3.49 42,638.07 11.92 58.42 69.65
60.01 - 65.00 739 40,153,339.72 6 54,334.70 12.1 63.49 64.9
65.01 - 70.00 1,069 59,410,064.23 8.88 55,575.36 11.82 68.95 70.48
70.01 - 75.00 1,494 89,774,522.21 13.42 60,090.04 11.6 74.13 77.79
75.01 - 80.00 2,888 180,580,717.85 26.99 62,527.95 11.35 79.45 92.45
80.01 greater than = 2,928 224,233,554.51 33.51 76,582.50 11.31 86.53 98.16
- ----- ----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 9.09
Max: 100.00
Weighted Average: 75.77
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.00 - 4.99 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
5.00 - 9.99 4 74,438.39 0.01 18,609.60 12.42 82.34 100
10.00 - 14.99 72 1,305,459.14 0.2 18,131.38 12.3 79.84 92.14
15.00 - 19.99 224 5,340,397.70 0.8 23,841.06 12.2 78.45 90.1
20.00 - 24.99 228 5,648,625.44 0.84 24,774.67 12.2 77.54 90.47
25.00 - 29.99 200 6,090,055.29 0.91 30,450.28 11.9 75.88 81.99
30.00 - 34.99 155 5,134,482.54 0.77 33,125.69 11.89 76.82 87.88
35.00 - 39.99 120 4,715,779.79 0.7 39,298.16 11.92 75.15 82.26
40.00 - 44.99 94 3,526,871.36 0.53 37,519.91 11.71 72.65 79.19
45.00 - 49.99 74 3,459,752.57 0.52 46,753.41 11.6 73.63 83.32
50.00 - 54.99 58 2,830,106.58 0.42 48,794.94 11.64 72.71 82.58
55.00 - 59.99 31 1,578,348.80 0.24 50,914.48 11.42 69.81 83.17
60.00 - 64.99 32 1,430,279.83 0.21 44,696.24 11.89 69.8 80.44
65.00 - 69.99 25 1,050,550.11 0.16 42,022.00 11.49 72.04 100
70.00 - 74.99 29 1,347,643.24 0.2 46,470.46 11.49 71.76 85.48
75.00 - 79.99 13 765,680.83 0.11 58,898.53 11.78 66.89 78.13
80.00 - 84.99 9 592,360.94 0.09 65,817.88 11.96 75.65 100
85.00 - 89.99 13 961,557.54 0.14 73,965.96 11.2 71.87 79.71
90.00 - 94.99 11 960,853.75 0.14 87,350.34 11.48 62.14 60.57
95.00 - 99.99 4 188,131.38 0.03 47,032.85 11.9 73.03 100
- ----- ----- - ---------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0.00
Max: 97.32
Weighted Average: 39.52
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- --------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 13 866,330.15 0.13 66,640.78 11.22 68.38 21.58
5.01 - 10.00 68 2,472,171.86 0.37 36,355.47 12.13 64.23 48.87
10.01 - 15.00 265 11,202,755.56 1.67 42,274.55 11.86 69.03 71.51
15.01 - 20.00 552 23,191,475.91 3.47 42,013.54 11.8 71.14 84.5
20.01 - 25.00 855 41,954,407.95 6.27 49,069.48 11.58 73.7 87.43
25.01 - 30.00 1,215 61,480,588.72 9.19 50,601.31 11.64 74.1 88.54
30.01 - 35.00 1,499 83,998,089.72 12.55 56,036.08 11.56 74.47 87.66
35.01 - 40.00 1,687 105,578,894.05 15.78 62,583.81 11.58 75.98 84.89
40.01 - 45.00 2,090 138,409,421.02 20.69 66,224.60 11.45 76.73 84.12
45.01 - 50.00 2,537 175,054,321.58 26.16 69,000.52 11.49 77.65 89.13
50.01 - 55.00 294 22,826,271.87 3.41 77,640.38 11.39 76.85 83.41
55.01 - 60.00 18 1,925,851.16 0.29 106,991.73 11.11 78.83 100
65.01 - 70.00 1 86,908.21 0.01 86,908.21 8.45 80 100
70.01 - 75.00 1 24,494.00 0 24,494.00 15.75 50 100
- --------- - --------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 1.00
Max: 72.00
Weighted Average: 38.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 10,927 659,004,823.54 98.5 60,309.77 11.52 75.74 86.18
30 - 59 155 9,181,682.90 1.37 59,236.66 12.48 77.38 88.81
60 - 89 13 885,475.32 0.13 68,113.49 12.27 81.21 95.83
-- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ----------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon - 15/30 5,141 347,594,280.51 51.95 67,612.19 11.87 77.34 87.3
Fixed - 30 Year 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
Fixed - 20 Year 1,667 91,666,227.51 13.7 54,988.74 11.25 74.4 86.4
Fixed - 15 Year 2,069 84,706,461.32 12.66 40,940.77 11.34 71.8 86.98
Fixed - 10 Year 465 12,915,962.53 1.93 27,776.26 11.48 65.86 88.34
Fixed - 25 Year 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
Fixed - 5 Year 60 1,273,952.13 0.19 21,232.54 11.88 60.82 86.03
Balloon - 20/30 2 232,778.50 0.03 116,389.25 12.03 87.15 100
Balloon - 10/30 2 127,900.00 0.02 63,950.00 15.2 55.09 100
Balloon - 15/20 2 67,524.22 0.01 33,762.11 13.27 58.44 100
Balloon - 7/30 1 63,958.79 0.01 63,958.79 11.2 74.37 100
Balloon - 5/30 1 49,992.25 0.01 49,992.25 14.7 72.46 100
- --------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ------ -------------- ----- --------- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1st Lien 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
2nd Lien 1,396 47,001,375.22 7.02 33,668.61 11.87 74.81 85.08
----- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon 5,149 348,136,434.27 52.03 67,612.44 11.87 77.34 87.32
Non-Balloon 5,946 320,935,547.49 47.97 53,975.03 11.17 74.06 85.04
----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Single Family Detached 9,626 574,205,997.58 85.82 59,651.57 11.54 76.1 86.68
2-4 Family 666 49,326,220.10 7.37 74,063.39 11.32 74.4 86.8
Single Family Attached 392 19,334,948.93 2.89 49,323.85 11.91 75.51 89.5
Manufactured Housing 237 11,714,999.76 1.75 49,430.38 11.62 75.19 91.96
PUD 65 6,303,530.95 0.94 96,977.40 11.51 79.29 82.64
Mixed Use 33 4,468,132.43 0.67 135,397.95 12.11 56.43 9.83
Condo 76 3,718,152.01 0.56 48,923.05 11.62 62.95 70.84
- ----- -- ------------ ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 8,954 533,432,335.35 79.73 59,574.75 11.53 75.61 86.58
Purchase 1,371 92,781,543.01 13.87 67,674.36 11.7 78.58 86.54
Debt Consol. & Home 280 15,045,889.10 2.25 53,735.32 11.91 71.26 78.13
Improve.
Other 204 14,433,278.54 2.16 70,751.37 10.49 74.74 85.33
Home Improvement 286 13,378,935.76 2 46,779.50 11.49 68.76 79.76
--- ------------- - --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Owner Occupied 10,473 640,718,092.73 95.76 61,178.09 11.53 76.22 86.5
Investor Owned 622 28,353,889.03 4.24 45,585.03 11.65 65.58 79.98
--- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 1,465 67,792,715.10 10.13 46,274.89 12.68 73.51 90.76
Ohio 1,031 57,485,788.31 8.59 55,757.31 11.16 77.48 91.91
New York 707 55,691,515.74 8.32 78,771.59 11.18 73.53 78.93
Illinois 738 44,955,215.01 6.72 60,914.93 11.52 76.33 91.81
Florida 744 42,713,914.89 6.38 57,411.18 11.57 75.51 75.95
Indiana 809 40,083,075.59 5.99 49,546.45 11.37 77.57 92.09
Pennsylvania 649 40,074,359.26 5.99 61,747.86 11.46 76 84.52
North Carolina 571 31,707,850.85 4.74 55,530.39 11.57 77.26 90.82
New Jersey 377 30,995,902.32 4.63 82,217.25 11.48 74.3 79.54
Maryland 365 25,538,205.93 3.82 69,967.69 11.18 76.02 87.34
Georgia 359 22,646,232.39 3.38 63,081.43 11.92 78.35 89.68
Massachusetts 240 19,346,021.02 2.89 80,608.42 10.97 72.57 81.39
California 183 18,076,753.69 2.7 98,780.07 10.43 72.03 77.2
South Carolina 333 16,628,527.98 2.49 49,935.52 11.6 77.01 89.04
Missouri 295 14,757,576.89 2.21 50,025.68 12.35 78.11 90.89
Kentucky 221 11,585,887.21 1.73 52,424.83 11.12 78.44 93.9
Utah 141 11,557,647.40 1.73 81,969.13 11.44 77.15 84.18
Tennessee 179 11,002,684.03 1.64 61,467.51 11.11 79.87 90.63
Colorado 138 9,863,358.95 1.47 71,473.62 11.56 79.59 89.19
Virginia 146 9,070,798.66 1.36 62,128.76 11.81 75.39 89.54
New Mexico 124 7,955,659.18 1.19 64,158.54 12.24 77.32 82.98
Minnesota 110 7,162,190.40 1.07 65,110.82 11.87 77.16 91.49
Rhode Island 86 6,427,681.82 0.96 74,740.49 11.05 78.48 83.15
Texas 99 6,281,752.50 0.94 63,452.05 11.98 77.96 88.03
Arizona 87 6,178,256.21 0.92 71,014.44 10.83 75.46 85.45
Wisconsin 122 6,124,235.11 0.92 50,198.65 11.97 75.67 92.98
Washington 76 6,062,512.59 0.91 79,769.90 10.67 72.02 67.21
Connecticut 73 5,829,525.14 0.87 79,856.51 11.09 70.78 74.2
Oregon 63 5,427,112.25 0.81 86,144.64 10.88 74.74 62.37
Kansas 69 3,451,575.19 0.52 50,022.83 12.09 79.36 87.59
Iowa 85 3,436,937.90 0.51 40,434.56 12.13 73.97 93.68
Louisiana 63 2,756,380.96 0.41 43,752.08 12.05 72.42 87.01
Delaware 35 2,650,041.23 0.4 75,715.46 11.2 74.73 73.52
District of Columbia 39 2,530,205.64 0.38 64,877.07 11.85 66.04 86.44
Nevada 22 2,081,340.96 0.31 94,606.41 11.31 78.44 90.27
Oklahoma 45 2,032,305.66 0.3 45,162.35 11.9 78.93 96.14
New Hampshire 25 1,709,586.22 0.26 68,383.45 10.17 73.29 69.86
Mississippi 36 1,580,121.10 0.24 43,892.25 12.56 76.17 85.51
Nebraska 32 1,522,828.82 0.23 47,588.40 12.04 80.74 94.47
Idaho 32 1,372,889.29 0.21 42,902.79 11.47 75.07 94.91
Hawaii 7 1,243,317.30 0.19 177,616.76 9.98 69.17 64.39
Arkansas 28 1,130,466.23 0.17 40,373.79 13.13 75.2 91.73
Montana 13 898,502.18 0.13 69,115.55 11.56 76.98 79.07
Maine 9 553,777.37 0.08 61,530.82 10.55 68.49 68.4
Wyoming 9 510,940.80 0.08 56,771.20 11.99 73.25 82.86
West Virginia 11 424,759.40 0.06 38,614.49 12.02 70.99 96.12
South Dakota 3 128,764.87 0.02 42,921.62 12.7 81.71 100
North Dakota 1 34,284.22 0.01 34,284.22 13 70 100
- --------- ---- --------- -- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Full Doc - Asset and 9,804 576,904,295.17 86.22 58,843.77 11.51 77.23 100
Income
No Income Verifier 803 60,637,147.28 9.06 75,513.26 11.59 68.97 0
No Documentation 487 31,293,728.63 4.68 64,258.17 12.01 62.09 0
Other 1 236,810.68 0.04 236,810.68 10.5 63.71 0
- ---------- ---- ---------- ---- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
A 5,220 354,079,260.89 52.92 67,831.28 10.87 78.6 84.16
B 2,970 176,591,410.33 26.39 59,458.39 11.76 75.75 87.97
C 2,163 106,799,408.03 15.96 49,375.59 12.65 71.37 92.04
D 713 28,038,323.21 4.19 39,324.44 14.25 59.13 90.15
M 29 3,563,579.30 0.53 122,882.04 12.35 57.45 0
-- ------------ ---- ---------- ----- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 115 2,356,064.74 0.97 20,487.52 11.6 55.51 80.41
25,000.01 - 50,000.00 811 31,352,128.53 12.91 38,658.60 10.84 67.95 87.27
50,000.01 - 75,000.00 817 50,562,365.09 20.82 61,887.84 10.41 74.49 89.62
75,000.01 - 100,000.00 546 47,507,669.52 19.57 87,010.38 10.22 76.14 82.52
100,000.01 - 125,000.00 301 33,617,305.11 13.85 111,685.40 10.06 76.95 81.25
125,000.01 - 150,000.00 172 23,640,005.57 9.74 137,441.89 9.92 77.88 81.64
150,000.01 - 175,000.00 83 13,503,002.81 5.56 162,686.78 9.86 77.45 81.69
175,000.01 - 200,000.00 66 12,309,379.60 5.07 186,505.75 9.85 77.7 74.21
200,000.01 - 225,000.00 43 9,106,204.67 3.75 211,772.20 9.77 77.42 65.13
225,000.01 - 250,000.00 19 4,503,522.41 1.85 237,027.50 9.43 78.28 73.43
250,000.01 - 275,000.00 15 3,892,912.47 1.6 259,527.50 9.78 77.66 79.63
275,000.01 - 300,000.00 12 3,486,570.20 1.44 290,547.52 9.46 75.02 50.48
300,000.01 - 325,000.00 8 2,484,274.70 1.02 310,534.34 9.52 83.71 100
325,000.01 - 350,000.00 5 1,697,147.27 0.7 339,429.45 10.36 75.89 80.8
350,000.00 - 400,000.00 4 1,528,462.46 0.63 382,115.62 8.64 73.49 49.05
400,000.01 - 450,000.00 3 1,256,801.95 0.52 418,933.98 9.11 73.85 100
- ---------- ---------- - ------------ ---- ---------- ---- ----- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 9,996.34
Max: 431,053.02
Average: 80,398.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Current Coupons Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5.01 - 6.00 2 151,349.00 0.06 75,674.50 5.99 82.07 50.22
6.01 - 7.00 10 1,564,256.24 0.64 156,425.62 6.85 73.71 78.29
7.01 - 8.00 45 5,259,432.57 2.17 116,876.28 7.77 74.64 72.74
8.01 - 9.00 333 34,767,586.07 14.32 104,407.17 8.69 76.1 82.42
9.01 - 10.00 797 72,764,429.14 29.97 91,297.90 9.64 76.31 82.72
10.01 - 11.00 1,014 78,025,502.93 32.14 76,948.23 10.54 75.73 84.77
11.01 - 12.00 586 37,982,962.03 15.64 64,817.34 11.52 73.49 81.99
12.01 - 13.00 152 8,392,594.80 3.46 55,214.44 12.5 69.29 74.24
13.01 - 14.00 42 2,169,173.54 0.89 51,646.99 13.44 62.24 69.21
14.01 - 15.00 38 1,679,737.39 0.69 44,203.62 14.39 58.98 88.01
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
- --------- ---- --------- ---- -- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 5.99
Max: 15.10
WAC: 10.19
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,472.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 120
Max: 360
Weighted Average: 359.09
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,572.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 117
Max: 360
Weighted Average: 357.75
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 1,813 146,025,742.31 60.14 80,543.71 10.14 74.97 82.08
2 - 12 1,207 96,778,074.79 39.86 80,180.68 10.27 75.33 83.34
----- ------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0
Max: 10
Weighted Average: 1.34
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.00 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0.00
Max: 0.00
Weighted Average: 0.00
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 2 271,450.05 0.11 135,725.03 10.23 70.36 0
5.01 - 10.00 23 1,320,458.12 0.54 57,411.22 10.91 64.62 30.18
10.01 - 15.00 44 2,298,850.23 0.95 52,246.60 10.57 64.91 60.05
15.01 - 20.00 135 7,596,425.11 3.13 56,269.82 10.42 71.16 69.33
20.01 - 25.00 222 13,812,421.00 5.69 62,218.11 10.33 73.17 84.58
25.01 - 30.00 329 21,511,996.23 8.86 65,386.01 10.4 73.03 80.08
30.01 - 35.00 394 29,230,021.36 12.04 74,187.87 10.24 75.02 85.86
35.01 - 40.00 505 40,688,050.70 16.76 80,570.40 10.2 75.67 80.82
40.01 - 45.00 571 49,542,949.05 20.4 86,765.23 10.15 75.85 81.9
45.01 - 50.00 653 59,747,778.33 24.61 91,497.36 10.15 76.34 85.72
50.01 - 55.00 127 14,288,815.16 5.88 112,510.36 9.82 75.75 87.45
55.01 - 60.00 15 2,494,601.76 1.03 166,306.78 9.43 75.98 91.75
-- ------------ ---- ---------- ---- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 2.00
Max: 60.00
Weighted Average: 39.21
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 2,972 239,197,670.33 98.51 80,483.74 10.18 75.1 82.69
30 - 59 45 3,385,380.86 1.39 75,230.69 10.93 76.36 77.87
60 - 89 3 220,765.91 0.09 73,588.64 10.12 69.84 37.37
- ---------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Index Type Count Balance Total Balance Coupon CLTV Doc
- ---------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Libor - 6 Month 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
ARM - 6 Month 1,636 127,829,808.91 52.65 78,135.58 9.99 75.11 81.83
ARM - 2 Year/6Month 1,223 98,756,977.02 40.67 80,749.78 10.38 74.79 82.91
ARM - 3 Year/6 Month 161 16,217,031.17 6.68 100,726.90 10.61 77.10 86.50
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
1st Lien 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
Non-Balloon 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
Single Family 2,693 215,195,077.47 88.63 79,909.05 10.21 75.16 82.98
Detached
2-4 Family 116 9,938,087.17 4.09 85,673.17 10.2 74.19 74.48
PUD 50 6,761,855.75 2.78 135,237.12 9.5 77.1 77.43
Manufactured Housing 96 5,881,752.10 2.42 61,268.25 10.4 75.05 90.52
Condo 39 3,291,977.92 1.36 84,409.69 9.83 70.12 74.87
Single Family Attached 25 1,625,066.69 0.67 65,002.67 9.92 76.68 92.88
Mixed Use 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ---- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ==== ========== ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 2,053 159,558,667.78 65.72 77,719.76 10.21 74.91 84.87
Purchase 751 68,521,979.45 28.22 91,240.98 10.09 76.09 77.66
Debt Consol. & Home 98 7,092,500.30 2.92 72,372.45 10.37 71.54 80.82
Improve.
Other 54 4,165,596.75 1.72 77,140.68 10.65 75.89 78.62
Home Improvement 64 3,465,072.82 1.43 54,141.76 10.61 71.65 82.95
-- ------------ ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
Owner Occupied 2,865 233,792,936.71 96.29 81,603.12 10.19 75.42 82.92
Investor Owned 155 9,010,880.39 3.71 58,134.71 10.16 67.12 73.77
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
Full Doc -Asset and 2,562 200,515,359.27 82.58 78,265.17 10.19 76.67 100
Income
No Income Verifier 248 24,115,154.81 9.93 97,238.53 10.18 70.23 0
No Documentation 210 18,173,303.02 7.48 86,539.54 10.24 64.39 0
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 948 59,044,777.72 24.32 62,283.52 10.82 72.82 85.43
California 204 26,498,047.33 10.91 129,892.39 9.26 76.61 75.46
Ohio 221 15,498,662.00 6.38 70,129.69 9.99 76.87 91.85
Colorado 127 12,141,063.43 5 95,598.92 10.04 74.45 78.99
Utah 112 11,482,302.62 4.73 102,520.56 9.85 76.86 89.35
Washington 104 10,797,424.13 4.45 103,821.39 9.41 75.23 69.7
Texas 104 9,967,861.20 4.11 95,844.82 10.1 75.65 78.7
Illinois 106 9,036,827.21 3.72 85,253.09 10.65 76.69 89.8
Arizona 84 7,248,456.73 2.99 86,291.15 9.92 77.81 79.86
New Mexico 71 6,942,843.56 2.86 97,786.53 10.55 75.07 59.7
Indiana 86 5,507,438.51 2.27 64,039.98 10.47 75.55 86.54
Florida 58 5,370,819.87 2.21 92,600.34 9.88 74.56 77.19
Iowa 97 4,927,714.27 2.03 50,801.18 10.61 75.11 94.15
Missouri 76 4,836,704.56 1.99 63,640.85 10.55 75.78 94.38
Maryland 40 4,152,214.27 1.71 103,805.36 9.91 76.9 94.54
Oregon 44 3,972,267.64 1.64 90,278.81 9.93 73.95 74.61
Connecticut 39 3,914,512.00 1.61 100,372.10 9.83 74.39 82.41
Wisconsin 63 3,820,818.30 1.57 60,647.91 10.44 72.87 87.3
Kentucky 42 2,975,407.72 1.23 70,843.04 9.48 79.45 91.12
Georgia 25 2,823,803.48 1.16 112,952.14 10.71 80.24 81.46
North Carolina 40 2,766,928.89 1.14 69,173.22 10.38 75.14 87.15
New York 23 2,584,022.30 1.06 112,348.80 10.11 72.69 89.3
Pennsylvania 28 2,535,309.95 1.04 90,546.78 10.45 77.46 82.48
Tennessee 23 2,512,125.37 1.03 109,222.84 10.23 80.42 93.49
Nevada 22 2,502,630.46 1.03 113,755.93 9.99 76.94 83.98
Kansas 41 2,392,621.74 0.99 58,356.63 10.73 76.51 87.16
Massachusetts 21 2,271,568.48 0.94 108,169.93 10.18 74.49 80.23
Idaho 28 2,110,608.77 0.87 75,378.88 10.06 73.01 70.85
Hawaii 10 1,797,612.92 0.74 179,761.29 9.46 68.55 74.07
New Jersey 15 1,525,613.40 0.63 101,707.56 11.08 75.43 91.48
Minnesota 21 1,434,255.43 0.59 68,297.88 10.56 71.77 72.53
Montana 10 1,220,098.26 0.5 122,009.83 9.57 76.17 67.23
Nebraska 19 1,029,848.27 0.42 54,202.54 9.94 73.04 89.62
Virginia 11 1,018,140.18 0.42 92,558.20 10.08 74.42 83.74
Oklahoma 11 879,951.14 0.36 79,995.56 10.37 78.29 68.34
Rhode Island 7 747,256.49 0.31 106,750.93 9.89 66.81 38.25
South Carolina 10 620,954.56 0.26 62,095.46 10.32 76.59 83.97
West Virginia 9 463,103.82 0.19 51,455.98 10.29 75.2 100
Wyoming 5 342,799.76 0.14 68,559.95 10.83 79.84 73.31
Arkansas 6 330,335.08 0.14 55,055.85 10.1 68.6 80.94
New Hampshire 3 237,224.02 0.1 79,074.67 9.84 74.98 100
Maine 1 155,905.49 0.06 155,905.49 8.5 75 0
District of Columbia 2 154,477.35 0.06 77,238.68 10.74 75 100
Louisiana 1 112,500.00 0.05 112,500.00 9.7 82.12 100
Delaware 1 71,969.80 0.03 71,969.80 10.25 79.56 100
South Dakota 1 25,988.62 0.01 25,988.62 10.05 65 0
----- -------------- ---- --------- ----- ----- ------
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ==== ========= ===== ===== ======
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
A 1,268 120,925,675.18 49.8 95,367.25 9.72 77.26 76.32
B 832 64,051,964.54 26.38 76,985.53 10.19 74.59 86.27
C 767 50,799,405.28 20.92 66,231.30 11.03 72.78 92.15
D 152 6,916,772.10 2.85 45,505.08 12.29 59.68 88.93
M 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Margins Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------------- ----- ---------- ------ ----- -----
0.00 - 3.99 10 1,473,802.59 0.61 147,380.26 9.27 80.49 64.42
4.00 - 4.99 86 9,626,117.65 3.96 111,931.60 9 76.58 89.86
5.00 - 5.99 700 71,159,741.41 29.31 101,656.77 9.39 76.55 84.39
6.00 - 6.99 1,045 85,097,755.46 35.05 81,433.26 10.14 76 82.64
7.00 - 7.99 798 54,367,025.07 22.39 68,129.10 10.87 73.48 81.4
8.00 - 8.99 319 17,713,584.82 7.3 55,528.48 11.79 70.31 78.45
9.00 - 9.99 59 3,290,676.97 1.36 55,774.19 12.87 67.69 70.74
10.00 - 10.99 3 75,113.13 0.03 25,037.71 14.19 55.81 72.85
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 0.000
Max: 10.750
Weighted Average: 6.510
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Initial Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C>
1.000 1,643 128,374,613.77 52.87 78,134.27 9.99 75.11 81.9
1.250 1 104,949.75 0.04 104,949.75 9.63 70 100
1.500 4 268,605.31 0.11 67,151.33 10.58 70.89 66.12
2.000 8 830,867.12 0.34 103,858.39 10.57 80.57 100
2.375 1 102,937.59 0.04 102,937.59 8.5 64.38 100
3.000 1,339 111,241,879.21 45.82 83,078.33 10.4 75.07 83.12
6.000 24 1,879,964.35 0.77 78,331.85 11.26 76.98 89.78
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 6.000
Weighted Average: 1.960
Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Rate Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
1.00 2,864 226,621,607.16 93.34 79,127.66 10.24 75.17 83.03
1.25 1 104,949.75 0.04 104,949.75 9.63 70 100
1.50 150 15,389,206.64 6.34 102,594.71 9.46 74.11 75.08
2.00 1 194,000.00 0.08 194,000.00 10.5 77.6 100
3.00 4 494,053.55 0.2 123,513.39 11.07 79.45 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 3.000
Weighted Average: 1.037
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Maximum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11.01 - 12.00 1 76,000.00 0.03 76,000.00 5.99 100 100
12.01 - 13.00 6 907,890.24 0.37 151,315.04 6.88 71.97 79.61
13.01 - 14.00 33 4,206,198.18 1.73 127,460.55 7.66 75.44 77.73
14.01 - 15.00 204 21,514,455.36 8.86 105,463.02 8.58 75.93 79.48
15.01 - 16.00 728 66,982,659.77 27.59 92,009.15 9.42 76.17 83.48
16.01 - 17.00 1,054 83,802,214.33 34.51 79,508.74 10.33 75.94 85.26
17.01 - 18.00 678 46,608,172.32 19.2 68,743.62 11.21 73.64 80.92
18.01 - 19.00 210 13,407,117.17 5.52 63,843.42 12.01 72.91 77.6
19.01 - 20.00 56 3,114,355.96 1.28 55,613.50 12.98 65.5 63.25
20.01 - 21.00 40 1,758,120.67 0.72 43,953.02 14.16 62.8 89.59
21.01 - 22.00 9 379,839.71 0.16 42,204.41 14.32 53.86 72.26
22.01 - 23.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 11.990
Max: 22.100
Weighted Average: 16.447
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Minimum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
3.01 - 4.00 1 110,516.35 0.05 110,516.35 10.38 74.97 100
4.01 - 5.00 3 296,543.49 0.12 98,847.83 8.77 74.59 100
5.01 - 6.00 12 1,047,267.61 0.43 87,272.30 8.86 77.38 83.69
6.01 - 7.00 24 3,225,639.15 1.33 134,401.63 8.51 77.13 78.25
7.01 - 8.00 57 6,223,564.34 2.56 109,185.34 8.25 74.99 72.94
8.01 - 9.00 334 34,674,980.99 14.28 103,817.31 8.73 75.95 82.37
9.01 - 10.00 783 71,279,594.40 29.36 91,033.96 9.64 76.28 82.81
10.01 - 11.00 1,002 76,893,685.01 31.67 76,740.20 10.54 75.74 85.01
11.01 - 12.00 576 37,062,246.51 15.26 64,344.18 11.52 73.33 81.62
12.01 - 13.00 151 8,379,587.13 3.45 55,493.95 12.51 69.15 74.2
13.01 - 14.00 39 1,966,489.35 0.81 50,422.80 13.44 61.83 66.04
14.01 - 15.00 37 1,596,909.38 0.66 43,159.71 14.38 58.92 87.39
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 4.000
Max: 15.100
Weighted Average: 10.122
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Next Rate Outstanding Pct. Average Wtd. Wtd. Pct.
Adjustment Principal of Principal Avg. Avg. Full
Date Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1997-05 6 666,319.56 0.27 111,053.26 10.07 77.98 71.47
1997-06 45 3,680,976.26 1.52 81,799.47 9.94 77.24 81.21
1997-07 72 5,683,836.40 2.34 78,942.17 10.03 77.65 85.73
1997-08 392 31,878,314.32 13.13 81,322.23 10.33 75.73 79.63
1997-09 419 30,189,928.25 12.43 72,052.33 10.05 73.81 85.04
1997-10 495 38,590,987.28 15.89 77,961.59 9.8 74.78 81.39
1997-11 199 16,443,796.84 6.77 82,632.14 9.65 75.39 79.99
1997-12 8 695,650.00 0.29 86,956.25 10.06 79.9 92.99
1998-09 1 126,375.42 0.05 126,375.42 8.9 84.95 100
1998-11 4 199,206.32 0.08 49,801.58 11.39 75.1 93.98
1998-12 7 343,041.33 0.14 49,005.90 10.44 70.82 100
1999-01 24 1,830,770.10 0.75 76,282.09 11.1 80.71 90.75
1999-02 110 10,084,825.92 4.15 91,680.24 10.42 76.61 82.84
1999-03 219 18,018,894.73 7.42 82,278.06 10.32 73.05 81.35
1999-04 429 35,286,858.69 14.53 82,253.75 10.37 74.75 81.97
1999-05 392 30,845,204.51 12.7 78,686.75 10.32 74.92 83.49
1999-06 37 2,021,800.00 0.83 54,643.24 11.32 74.66 92.71
1999-09 1 123,918.97 0.05 123,918.97 11.13 90 100
1999-12 3 389,364.30 0.16 129,788.10 10.21 73.71 100
2000-01 5 430,133.94 0.18 86,026.79 12.48 74.86 100
2000-02 15 1,118,679.59 0.46 74,578.64 11.22 76.58 87.21
2000-03 44 4,642,456.33 1.91 105,510.37 10.45 77.81 92.23
2000-04 51 4,780,653.04 1.97 93,738.29 10.62 76.61 82.73
2000-05 42 4,731,825.00 1.95 112,662.50 10.46 77.19 81.82
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min (in months): 1
Max: 35
Weighted Average: 13.06
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 7 5
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 12.81 9.69 7.10 6.26 5.27 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
Window Mnths 111 2 52 57 51 47 28 18
Class A-8
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
Start Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
End Prin 1/15/24 3/15/23 11/15/17 1/15/14 5/15/12 5/15/12 10/15/11 1/15/07
Window Mnths 33 131 67 54 64 74 93 77
Class A-9
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/09 5/15/12 5/15/12 5/15/12 5/15/12 8/15/11 9/15/07
Window Mnths 143 143 143 143 142 141 131 78
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-1F
Avg Life 18.16 11.58 9.00 7.21 5.85 5.46 5.00 4.23
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 5/15/26 8/15/16 12/15/12 5/15/12 8/15/10 8/15/09 5/15/08 5/15/05
Window Mnths 169 157 135 140 122 109 94 55
Class M-2F
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
Start Prin 5/15/12 8/15/03 10/15/00 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 7/15/25 12/15/13 5/15/12 6/15/11 10/15/08 12/15/07 11/15/06 4/15/04
Window Mnths 159 125 128 129 100 90 77 46
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.89 4.48 3.35 2.63 2.12 1.70 1.28 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 4/15/27 10/15/23 4/15/19 2/15/15 12/15/11 7/15/09 9/15/07 10/15/99
Window Mnths 358 316 262 212 174 145 123 28
Class M-1A
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 4/15/27 9/15/21 10/15/16 12/15/12 2/15/10 1/15/08 5/15/06 1/15/05
Window Mnths 49 226 184 149 114 85 61 64
Class M-2A
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 3/15/27 10/15/19 11/15/14 4/15/11 9/15/08 11/15/06 6/15/05 5/15/04
Window Mnths 48 203 161 129 98 75 57 39
Class B-1A
Avg Life 27.97 10.21 7.60 5.96 4.88 4.22 3.81 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 1/15/27 6/15/16 12/15/11 11/15/08 10/15/06 3/15/05 1/15/04 4/15/02
Window Mnths 46 163 126 100 76 57 43 22
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 8/15/99 7/15/00 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 11 5
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 11.93 9.04 6.72 6.04 5.25 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
Window Mnths 111 2 20 25 26 24 22 18
Class A-8
Avg Life 27.45 14.93 12.26 9.51 7.59 6.93 6.18 4.43
Start Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 8 1 1 1 1 1 1 6
Class A-9
Avg Life 12.09 8.07 7.28 6.73 6.23 5.95 5.56 4.46
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 143 143 111 78 54 45 35 9
Class M-1F
Avg Life 18.08 11.38 8.53 6.56 5.29 4.92 4.51 3.88
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 46 37 14
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-2F
Avg Life 17.91 11.38 8.53 6.56 5.29 4.90 4.47 3.67
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 47 38 18
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.69 4.28 3.22 2.52 2.03 1.64 1.25 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 12/15/24 5/15/12 9/15/09 12/15/04 1/15/06 8/15/03 8/15/03 10/15/99
Window Mnths 330 179 147 114 91 83 74 28
Class M-1A
Avg Life 27.23 10.18 7.75 6.06 5.01 4.73 5.14 2.75
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 53 41 28 27
Class M-2A
Avg Life 27.23 10.18 7.75 6.06 4.96 4.44 4.19 4.32
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 54 45 35 10
Class B-1A
Avg Life 27.23 9.98 7.53 5.89 4.81 4.20 3.80 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 55 47 38 18
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-1
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 86 38 13 0 0 0 0 0
6/15/99 78 0 0 0 0 0 0 0
6/15/00 70 0 0 0 0 0 0 0
6/15/01 61 0 0 0 0 0 0 0
6/15/02 50 0 0 0 0 0 0 0
6/15/03 39 0 0 0 0 0 0 0
6/15/04 27 0 0 0 0 0 0 0
6/15/05 16 0 0 0 0 0 0 0
9/15/06 3 0 0 0 0 0 0 0
6/15/07 0 0 0 0 0 0 0 0
6/15/08 0 0 0 0 0 0 0 0
6/15/09 0 0 0 0 0 0 0 0
6/15/10 0 0 0 0 0 0 0 0
6/15/11 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 4.83 0.86 0.67 0.57 0.5 0.48 0.45 0.38
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-2
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 89 66 56 42 0
6/15/99 100 65 14 0 0 0 0 0
6/15/00 100 2 0 0 0 0 0 0
6/15/01 100 0 0 0 0 0 0 0
6/15/02 100 0 0 0 0 0 0 0
6/15/03 100 0 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 91 0 0 0 0 0 0 0
6/15/08 77 0 0 0 0 0 0 0
6/15/09 61 0 0 0 0 0 0 0
6/15/10 43 0 0 0 0 0 0 0
6/15/11 23 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-3
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 96
6/15/99 100 100 100 78 48 36 20 0
6/15/00 100 100 56 15 0 0 0 0
6/15/01 100 67 14 0 0 0 0 0
6/15/02 100 36 0 0 0 0 0 0
6/15/03 100 10 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-4
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 4
6/15/00 100 100 100 100 36 0 0 0
6/15/01 100 100 100 34 0 0 0 0
6/15/02 100 100 57 0 0 0 0 0
6/15/03 100 100 0 0 0 0 0 0
6/15/04 100 79 0 0 0 0 0 0
6/15/05 100 47 0 0 0 0 0 0
6/15/06 100 15 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.5 1.9
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-5
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 96 38 0
6/15/01 100 100 100 100 48 17 0 0
6/15/02 100 100 100 55 0 0 0 0
6/15/03 100 100 98 0 0 0 0 0
6/15/04 100 100 49 0 0 0 0 0
6/15/05 100 100 22 0 0 0 0 0
6/15/06 100 100 0 0 0 0 0 0
6/15/07 100 82 0 0 0 0 0 0
6/15/08 100 51 0 0 0 0 0 0
6/15/09 100 22 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
6/15/12 37 0 0 0 0 0 0 0
6/15/13 5 0 0 0 0 0 0 0
8/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.19 11.12 7.22 5.17 4.05 3.7 3.14 2.24
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-6
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 0
6/15/01 100 100 100 100 100 100 50 0
6/15/02 100 100 100 100 46 0 0 0
6/15/03 100 100 100 97 0 0 0 0
6/15/04 100 100 100 14 0 0 0 0
6/15/05 100 100 100 0 0 0 0 0
6/15/06 100 100 87 0 0 0 0 0
6/15/07 100 100 31 0 0 0 0 0
6/15/08 100 100 0 0 0 0 0 0
6/15/09 100 100 0 0 0 0 0 0
6/15/10 100 88 0 0 0 0 0 0
6/15/11 100 37 0 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 41 0 0 0 0 0 0 0
3/15/15 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 16.92 13.81 9.72 6.62 5.04 4.6 4.06 2.54
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-7
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 15
6/15/01 100 100 100 100 100 100 100 2
6/15/02 100 100 100 100 100 95 55 0
6/15/03 100 100 100 100 73 47 15 0
6/15/04 100 100 100 100 38 17 0 0
6/15/05 100 100 100 88 28 11 0 0
6/15/06 100 100 100 63 11 0 0 0
6/15/07 100 100 100 40 0 0 0 0
6/15/08 100 100 89 19 0 0 0 0
6/15/09 100 100 65 2 0 0 0 0
6/15/10 100 100 43 0 0 0 0 0
6/15/11 100 100 24 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 100 0 0 0 0 0 0 0
6/15/15 98 0 0 0 0 0 0 0
6/15/16 91 0 0 0 0 0 0 0
6/15/17 84 0 0 0 0 0 0 0
6/15/18 75 0 0 0 0 0 0 0
6/15/19 65 0 0 0 0 0 0 0
6/15/20 54 0 0 0 0 0 0 0
6/15/21 42 0 0 0 0 0 0 0
6/15/22 29 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
5/15/24 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 23.08 14.92 12.81 9.69 7.1 6.26 5.27 3.02
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-8
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 100 100 100 100 100
6/15/02 100 100 100 100 100 100 100 28
6/15/03 100 100 100 100 100 100 100 7
6/15/04 100 100 100 100 100 100 86 4
6/15/05 100 100 100 100 100 100 82 4
6/15/06 100 100 100 100 100 94 65 4
6/15/07 100 100 100 100 90 70 47 3
6/15/08 100 100 100 100 67 51 32 0
6/15/09 100 100 100 100 49 36 18 0
6/15/10 100 100 100 80 36 22 8 0
6/15/11 100 100 100 62 23 12 1 0
6/15/12 100 92 40 10 0 0 0 0
6/15/13 100 71 27 3 0 0 0 0
6/15/14 100 53 15 0 0 0 0 0
6/15/15 100 41 8 0 0 0 0 0
6/15/16 100 36 4 0 0 0 0 0
6/15/17 100 29 1 0 0 0 0 0
6/15/18 100 22 0 0 0 0 0 0
6/15/19 100 17 0 0 0 0 0 0
6/15/20 100 12 0 0 0 0 0 0
6/15/21 100 7 0 0 0 0 0 0
6/15/22 100 3 0 0 0 0 0 0
6/15/23 100 0 0 0 0 0 0 0
6/15/24 95 0 0 0 0 0 0 0
6/15/25 64 0 0 0 0 0 0 0
6/15/26 27 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-9
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 99 94 90 89 89 89 89 95
6/15/02 98 87 83 80 78 77 76 75
6/15/03 97 77 72 66 61 59 56 50
6/15/04 95 67 60 52 45 42 39 29
6/15/05 87 46 34 24 17 15 13 16
6/15/06 79 31 19 11 7 5 4 5
6/15/07 72 20 11 5 2 2 1 0
6/15/08 65 14 6 2 1 1 0 0
6/15/09 57 9 3 1 0 0 0 0
6/15/10 49 6 2 0 0 0 0 0
6/15/11 42 4 1 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 18
6/15/03 100 100 74 52 36 31 25 10
6/15/04 100 90 61 41 27 22 17 5
6/15/05 100 79 51 32 20 16 12 0
6/15/06 100 69 42 25 14 11 8 0
6/15/07 100 61 35 19 10 8 3 0
6/15/08 100 53 29 15 8 4 0 0
6/15/09 100 46 24 12 4 0 0 0
6/15/10 100 40 19 9 0 0 0 0
6/15/11 100 34 16 7 0 0 0 0
6/15/12 47 10 1 0 0 0 0 0
6/15/13 41 8 0 0 0 0 0 0
6/15/14 34 5 0 0 0 0 0 0
6/15/15 29 2 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 23 0 0 0 0 0 0 0
6/15/20 21 0 0 0 0 0 0 0
6/15/21 19 0 0 0 0 0 0 0
6/15/22 16 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
6/15/24 11 0 0 0 0 0 0 0
6/15/25 7 0 0 0 0 0 0 0
5/15/26 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 18.16 11.58 9 7.21 5.85 5.46 5 4.23
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 15
6/15/03 100 100 74 52 36 31 25 5
6/15/04 100 90 61 41 27 21 14 0
6/15/05 100 79 51 32 18 13 7 0
6/15/06 100 69 42 25 10 6 1 0
6/15/07 100 61 35 17 5 2 0 0
6/15/08 100 53 29 11 1 0 0 0
6/15/09 100 46 23 7 0 0 0 0
6/15/10 100 40 17 3 0 0 0 0
6/15/11 100 34 12 0 0 0 0 0
6/15/12 47 4 0 0 0 0 0 0
6/15/13 41 1 0 0 0 0 0 0
6/15/14 34 0 0 0 0 0 0 0
6/15/15 29 0 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 22 0 0 0 0 0 0 0
6/15/20 20 0 0 0 0 0 0 0
6/15/21 17 0 0 0 0 0 0 0
6/15/22 13 0 0 0 0 0 0 0
6/15/23 9 0 0 0 0 0 0 0
6/15/24 5 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
7/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 10
6/15/02 100 100 88 67 49 37 22 0
6/15/03 100 100 74 52 23 13 0 0
6/15/04 100 90 61 32 4 0 0 0
6/15/05 100 79 51 14 0 0 0 0
6/15/06 100 69 34 0 0 0 0 0
6/15/07 100 61 20 0 0 0 0 0
6/15/08 100 53 8 0 0 0 0 0
6/15/09 100 42 0 0 0 0 0 0
6/15/10 100 30 0 0 0 0 0 0
6/15/11 100 18 0 0 0 0 0 0
6/15/12 45 0 0 0 0 0 0 0
6/15/13 32 0 0 0 0 0 0 0
6/15/14 18 0 0 0 0 0 0 0
6/15/15 9 0 0 0 0 0 0 0
6/15/16 6 0 0 0 0 0 0 0
6/15/17 3 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.87 11 7.91 6.07 4.9 4.56 4.16 3.38
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-10
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 98 80 74 67 61 55 49 37
6/15/99 98 64 54 44 35 27 19 6
6/15/00 97 50 38 27 17 9 2 0
6/15/01 96 39 25 19 15 9 2 0
6/15/02 96 29 20 14 10 7 2 0
6/15/03 95 23 16 11 7 5 2 0
6/15/04 94 19 12 8 5 3 2 0
6/15/05 93 16 10 6 3 2 1 0
6/15/06 92 14 8 4 2 1 1 0
6/15/07 91 11 6 3 2 1 0 0
6/15/08 89 10 5 2 1 0 0 0
6/15/09 88 8 4 2 1 0 0 0
6/15/10 86 7 3 1 0 0 0 0
6/15/11 84 6 2 1 0 0 0 0
6/15/12 82 5 2 1 0 0 0 0
6/15/13 79 4 1 0 0 0 0 0
6/15/14 76 3 1 0 0 0 0 0
6/15/15 73 3 1 0 0 0 0 0
6/15/16 69 2 1 0 0 0 0 0
6/15/17 64 2 0 0 0 0 0 0
6/15/18 59 1 0 0 0 0 0 0
6/15/19 54 1 0 0 0 0 0 0
6/15/20 48 1 0 0 0 0 0 0
6/15/21 40 1 0 0 0 0 0 0
6/15/22 32 0 0 0 0 0 0 0
6/15/23 24 0 0 0 0 0 0 0
6/15/24 19 0 0 0 0 0 0 0
6/15/25 13 0 0 0 0 0 0 0
6/15/26 6 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 20.89 4.48 3.35 2.63 2.12 1.7 1.28 0.9
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 4
6/15/01 100 100 100 78 59 65 95 4
6/15/02 100 100 80 58 41 28 50 4
6/15/03 100 91 64 43 29 18 23 4
6/15/04 100 77 50 32 20 12 7 3
6/15/05 100 65 40 24 14 8 4 0
6/15/06 100 55 32 18 10 5 0 0
6/15/07 100 46 25 13 7 2 0 0
6/15/08 100 39 20 10 5 0 0 0
6/15/09 100 32 16 7 2 0 0 0
6/15/10 100 27 12 5 0 0 0 0
6/15/11 100 23 10 4 0 0 0 0
6/15/12 100 19 8 1 0 0 0 0
6/15/13 100 16 6 0 0 0 0 0
6/15/14 100 13 5 0 0 0 0 0
6/15/15 100 11 3 0 0 0 0 0
6/15/16 100 9 1 0 0 0 0 0
6/15/17 100 7 0 0 0 0 0 0
6/15/18 100 6 0 0 0 0 0 0
6/15/19 100 4 0 0 0 0 0 0
6/15/20 100 2 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 44 32 79
6/15/02 100 100 80 58 41 28 19 36
6/15/03 100 91 64 43 29 18 11 11
6/15/04 100 77 50 32 20 12 5 0
6/15/05 100 65 40 24 14 7 0 0
6/15/06 100 55 32 18 10 1 0 0
6/15/07 100 46 25 13 5 0 0 0
6/15/08 100 39 20 10 1 0 0 0
6/15/09 100 32 16 6 0 0 0 0
6/15/10 100 27 12 2 0 0 0 0
6/15/11 100 23 10 0 0 0 0 0
6/15/12 100 19 7 0 0 0 0 0
6/15/13 100 16 3 0 0 0 0 0
6/15/14 100 13 1 0 0 0 0 0
6/15/15 100 11 0 0 0 0 0 0
6/15/16 100 9 0 0 0 0 0 0
6/15/17 100 5 0 0 0 0 0 0
6/15/18 100 3 3 0 0 0 0 0
6/15/19 100 1 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
3/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 42 28 8
6/15/02 100 100 80 58 39 24 12 0
6/15/03 100 91 64 42 24 12 3 0
6/15/04 100 77 50 28 13 4 0 0
6/15/05 100 65 38 18 6 0 0 0
6/15/06 100 55 28 11 1 0 0 0
6/15/07 100 45 20 5 0 0 0 0
6/15/08 100 36 13 1 0 0 0 0
6/15/09 100 29 8 0 0 0 0 0
6/15/10 100 22 4 0 0 0 0 0
6/15/11 100 17 1 0 0 0 0 0
6/15/12 100 12 0 0 0 0 0 0
6/15/13 100 8 0 0 0 0 0 0
6/15/14 100 5 0 0 0 0 0 0
6/15/15 100 2 0 0 0 0 0 0
6/15/16 100 0 0 0 0 0 0 0
6/15/17 100 0 0 0 0 0 0 0
6/15/18 100 0 0 0 0 0 0 0
6/15/19 100 0 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 20 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 27.97 10.21 7.6 5.96 4.88 4.22 3.81 3.5
</TABLE>
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
1 7/15/97 9.18090
2 8/15/97 9.21156
3 9/15/97 9.27308
4 10/15/97 9.44852
5 11/15/97 9.60995
6 12/15/97 9.70739
7 1/15/98 9.71026
8 2/15/98 9.74092
9 3/15/98 9.80191
10 4/15/98 9.97741
11 5/15/98 10.1379
12 6/15/98 10.23536
13 7/15/98 10.23828
14 8/15/98 10.26899
15 9/15/98 10.33005
16 10/15/98 10.50568
17 11/15/98 10.66627
18 12/15/98 10.76382
19 1/15/99 10.76681
20 2/15/99 10.79762
21 3/15/99 10.85879
22 4/15/99 11.03462
23 5/15/99 12.40522
24 6/15/99 12.50273
25 7/15/99 12.50565
26 8/15/99 12.53640
27 9/15/99 12.59751
28 10/15/99 12.77331
29 11/15/99 13.37436
30 12/15/99 13.47190
31 1/15/00 13.47485
32 2/15/00 13.50563
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
33 3/15/00 13.56679
34 4/15/00 13.74267
35 5/15/00 14.56199
36 6/15/00 14.65948
37 7/15/00 14.66236
38 8/15/00 14.66984
39 9/15/00 14.68066
40 10/15/00 14.70752
41 11/15/00 15.25165
42 12/15/00 15.28301
43 1/15/01 15.28302
44 2/15/01 15.28303
45 3/15/01 15.28304
46 4/15/01 15.28305
47 5/15/01 15.38542
48 6/15/01 15.38542
49 7/15/01 15.38543
50 8/15/01 15.38543
51 9/15/01 15.38543
52 10/15/01 15.38544
53 11/15/01 15.43630
54 12/15/01 15.43631
55 1/15/02 15.43631
56 2/15/02 15.43631
57 3/15/02 15.43632
58 4/15/02 15.43632
59 5/15/02 15.43633
60 6/15/02 15.43633
61 7/15/02 15.43633
62 8/15/02 15.43634
63 9/15/02 15.43634
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
64 10/15/02 15.43634
65 11/15/02 15.43635
66 12/15/02 15.43635
67 1/15/03 15.43636
68 2/15/03 15.43636
69 3/15/03 15.43637
70 4/15/03 15.43637
71 5/15/03 15.43637
72 6/15/03 15.43638
73 7/15/03 15.43638
74 8/15/03 15.43639
75 9/15/03 15.43639
76 10/15/03 15.43640
77 11/15/03 15.43640
78 12/15/03 15.43640
79 1/15/04 15.43641
80 2/15/04 15.43641
81 3/15/04 15.43642
82 4/15/04 15.43642
83 5/15/04 15.43643
84 6/15/04 15.43643
85 7/15/04 15.43644
86 8/15/04 15.43644
87 9/15/04 15.43645
88 10/15/04 15.43645
89 11/15/04 15.43646
90 12/15/04 15.43646
91 1/15/05 15.43647
92 2/15/05 15.43647
93 3/15/05 15.43648
94 4/15/05 15.43648
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
95 5/15/05 15.43649
96 6/15/05 15.43650
97 7/15/05 15.43650
98 8/15/05 15.43651
99 9/15/05 15.43651
100 10/15/05 15.43652
101 11/15/05 15.43652
102 12/15/05 15.43653
103 1/15/06 15.43654
104 2/15/06 15.43654
105 3/15/06 15.43655
106 4/15/06 15.43655
107 5/15/06 15.43656
108 6/15/06 15.43657
109 7/15/06 15.43657
110 8/15/06 15.43658
111 9/15/06 15.43659
112 10/15/06 15.43659
113 11/15/06 15.43660
114 12/15/06 15.43661
115 1/15/07 15.43661
116 2/15/07 15.43662
117 3/15/07 15.43663
118 4/15/07 15.43663
119 5/15/07 15.43664
120 6/15/07 15.43665
121 7/15/07 15.43665
122 8/15/07 15.43666
123 9/15/07 15.43667
124 10/15/07 15.43668
125 11/15/07 15.43668
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
126 12/15/07 15.43669
127 1/15/08 15.43670
128 2/15/08 15.43671
129 3/15/08 15.43671
130 4/15/08 15.43672
131 5/15/08 15.43673
132 6/15/08 15.43674
133 7/15/08 15.43675
134 8/15/08 15.43675
135 9/15/08 15.43676
136 10/15/08 15.43677
137 11/15/08 15.43678
138 12/15/08 15.43679
139 1/15/09 15.43680
140 2/15/09 15.43681
141 3/15/09 15.43681
142 4/15/09 15.43682
143 5/15/09 15.43683
144 6/15/09 15.43684
145 7/15/09 15.43685
146 8/15/09 15.43686
147 9/15/09 15.43687
148 10/15/09 15.43688
149 11/15/09 15.43689
150 12/15/09 15.43690
151 1/15/10 15.43691
152 2/15/10 15.43692
153 3/15/10 15.43693
154 4/15/10 15.43694
155 5/15/10 15.43695
156 6/15/10 15.43696
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
157 7/15/10 15.43697
158 8/15/10 15.43698
159 9/15/10 15.43699
160 10/15/10 15.43700
161 11/15/10 15.43701
162 12/15/10 15.43702
163 1/15/11 15.43703
164 2/15/11 15.43705
165 3/15/11 15.43706
166 4/15/11 15.43707
167 5/15/11 15.43708
168 6/15/11 15.43709
169 7/15/11 15.43710
170 8/15/11 15.43712
171 9/15/11 15.43713
172 10/15/11 15.43714
173 11/15/11 15.43715
174 12/15/11 15.43717
175 1/15/12 15.43718
176 2/15/12 15.43719
- --------------------------------------------------------------------------------
This information does not constitute either an offer to sell or a solicitation
of an offer to buy any of the securities referred to herein. Offers to sell and
solicitations of offers to buy the securities are made only by, and this
information must be read in conjunction with, the final Prospectus Supplement
and the related Prospectus or, if not registered under the securities laws, the
final Offering Memorandum (the "Offering Document"). Information contained
herein does not purport to be complete and is subject to the same qualifications
and assumptions, and should be considered by investors only in the light of the
same warnings, lack of assurances and representations and other precautionary
matters, as disclosed in the Offering Document. Information regarding the
underlying assets has been provided by the issuer of the securities or an
affiliate thereof and has not been independently verified by Lehman Brothers
Inc. or any affiliate. The analyses contained herein have been prepared and
delivered by Lehman Brothers Inc. and the contents and accuracy thereof have not
been reviewed by the issuer. This information was prepared on the basis of
certain assumptions (including, in certain cases, assumptions specified by the
recipient hereof) regarding payments, interest rates, weighted average lives,
weighted average loan age, losses and other matters, including, but not limited
to, the assumptions described in the Offering Document. Lehman Brothers Inc.,
and any of its affiliates, make no representation or warranty as to the actual
rate or timing of payments on any of the underlying assets or the payments or
yield on the securities. This information supersedes any prior versions hereof
and will be deemed to be superseded by any subsequent versions (including, with
respect to any description of the securities or underlying assets, the
information contained in the Offering Document).
- --------------------------------------------------------------------------------
EXHIBIT 99.4
- --------------------------------------------------------------------------------
--------------------
$1,265,000,000
ContiMortgage
Home Equity Loan Trust 1997-3
Home Equity ABS
--------------------
Computational Materials
- --------------------------------------------------------------------------------
COMPUTATIONAL MATERIALS DISCLAIMER
The attached tables and other statistical analyses (the "Computational
Materials") are privileged and intended for use by the addressee only. These
Computational Materials have been prepared by Greenwich Capital Markets, Inc. in
reliance upon information furnished by the issuer of the securities and its
affiliates. These Computational Materials are furnished to you solely by
Greenwich Capital Markets, Inc. and not by the issuer of the securities. They
may not be provided to any third party other than the addressee's legal, tax,
financial and/or accounting advisors for the purposes of evaluating said
material.
Numerous assumptions were used in preparing the Computational Materials which
may or may not be reflected therein. As such, no assurance can be given as to
the Computational Materials' accuracy, appropriateness or completeness in any
particular context; nor as to whether the Computational Materials and/or the
assumptions upon which they are based reflect present market conditions or
future market performance. These Computational Materials should not be construed
as either projections or predictions or as legal, tax, financial or accounting
advice.
Any weighted average lives, yields and principal payment periods shown in the
Computational Materials are based on prepayment assumptions, and changes in such
prepayment assumptions may dramatically affect such weighted average lives,
yields and principal payment periods. In addition, it is possible that
prepayments on the underlying assets will occur at rates slower or faster than
the rates shown in the attached Computational Materials.. Furthermore, unless
otherwise provided, the Computational Materials assume no losses on the
underlying assets and no interest shortfall. The specific characteristics of the
securities may differ from those shown in the Computational Materials due to
differences between the actual underlying assets and the hypothetical underlying
assets used in preparing the Computational Materials. The principal amount and
designation of any security described in the Computational Materials are subject
to change prior to issuance. Neither Greenwich Capital Markets, Inc. nor any of
its affiliates makes any representation or warranty as to the actual rate or
timing of payments on any of the underlying assets or the payments or yield on
the securities.
Although a registration statement (including the Prospectus) relating to the
securities discussed in this communication has been filed with the Securities
and Exchange Commission and is effective, the final prospectus supplement
relating to the securities discussed in this communication has not been filed
with Securities and Exchange Commission. This communication shall not constitute
an offer to sell or the solicitation of an offer to buy nor shall there be any
sale of the securities discussed in this communication in any state in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification of such securities under the securities laws of any such state.
Prospective purchasers are referred to the final prospectus supplement relating
to the securities discussed in this communication for definitive Computational
Materials and any matter discussed in this communication. Once available, a
final prospectus and prospectus supplement may be obtained by contacting the
Greenwich Capital Markets, Inc. Trading Desk at (203) 625-6160.
Please be advised that the securities described herein may not be appropriate
for all investors. Potential investors must be willing to assume, among other
things, market price volatility, prepayment, yield curve and interest rate
risks. Investors should make every effort to consider the risks of these
securities.
If you have received this communication in error, please notify the sending
party immediately by telephone and return the original to such party by mail.
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Transaction Highlights(1)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Final
Scheduled
Class Class Size Expected Ratings Average Payment Payment Spread to
(2) ($ millions) Tranche Type (Moody's/Fitch/S&P) Life (3,4) Date Window (3,4) Day Count Benchmark
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 130 Fixed Sequential Aaa/AAA/AAA 0.50 years/MAT 4/15/07 7/97-4/98 / 10 mo. 30/360
A-2 135 Fixed Sequential Aaa/AAA/AAA 1.15 years/MAT 5/15/12 4/98-11/98 / 8 mo. 30/360
A-3 215 Fixed Sequential Aaa/AAA/AAA 2.04 years/MAT 5/15/12 11/98-2/00 / 16 mo. 30/360
A-4 73 Fixed Sequential Aaa/AAA/AAA 3.04 years/MAT 5/15/12 2/00-12/00 / 11 mo. 30/360
A-5 71 Fixed Sequential Aaa/AAA/AAA 4.05 years/MAT 8/15/13 12/00-2/02 / 15 mo. 30/360
A-6 36 Fixed Sequential Aaa/AAA/AAA 5.04 years/MAT 3/15/15 2/02-12/02 / 11 mo. 30/360
A-7 65 Fixed Sequential Aaa/AAA/AAA 7.10 years/MAT 5/15/24 12/02-2/07 / 51 mo. 30/360
A-8 38.6 Fixed Sequential Aaa/AAA/AAA 12.27 years/MAT 8/15/28 2/07-5/12 / 64 mo. 30/360
A-9 68 Fixed Lockout Aaa/AAA/AAA 6.51 years/MAT 8/15/28 8/00-5/12 / 142 mo. 30/360
M-1F 54.337 Fixed Mezzanine Aa2/AA/AA 5.85 years/MAT 8/15/28 7/00-8/10 / 122 mo. 30/360
M-2F 49.613 Fixed Mezzanine A3/A/A- 5.62 years/MAT 8/15/28 7/00-10/08 / 100 mo. 30/360
B-1F 9.45 Fixed Subordinate Baa3/BBB/BBB- 4.90 years/MAT 8/15/28 7/00-9/04 / 51 mo. 30/360
A-10 259.2 Floater Aaa/AAA/AAA 2.03 years*/CALL 8/15/28 7/97-1/05 / 91* mo. Actual/360
M-1A 25.6 Floater Mezzanine Aa2/AA/AA 5.01 years*/CALL 8/15/28 9/00-1/05 / 53* mo. Actual/360
M-2A 20 Floater Mezzanine A2/A/A- 4.96 years*/CALL 8/15/28 8/00-1/05 / 54* mo. Actual/360
B-1A 15.2 Floater Subordinate Baa3/BBB/BBB- 4.81 years*/CALL 8/15/28 7/00-1/05 / 55* mo. Actual/360
A-11IO -- Interest Only Aaa/AAA/AAA Morgan Stanley Sole Managed
- ------------------------------------------------------------------------------------------------------------------------------------
Total $1.265 -- -- -- -- -- -- --
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) The information presented is based on a representative cut-off pool as of
the 5/9/97 statistical calculation date.
(2) Class A-1 through A-9, M-1F, M-2F, and B-1F are backed by the fixed rate
loan pool; Classes A-10, M-1A, M-2A, and B-1A are backed by the ARM loan
pool.
(3) See "Pricing Prepayment Speed" below.
(4) Fixed Rate tranches are priced to maturity; Adjustable Rate tranches are
priced to call. The spread to LIBOR of the AAA ARM certificates doubles
after the clean-up call date and the spread to LIBOR of the subordinate
ARM certificates increases 1.5 times after the clean-up call date.
* To call
<TABLE>
<S> <C>
Seller and Servicer: ContiMortgage Corporation
Trustee: Manufacturers and Traders Trust Company
Managers: MORGAN STANLEY DEAN WITTER (lead manager), ContiFinancial Services Corporation, Bear
Stearns, Credit Suisse First Boston, Greenwich Capital Markets, Lehman Brothers, Merrill Lynch
(co-managers)
Fixed Rate Certificate All classes are priced at 125% of the prepayment assumption ("PPM"). 100% PPM describes
Pricing Prepayment Speed: prepayments starting at 4.0% CPR in month 1, increasing by 1.455% CPR per month to 20% CPR in
month 12, and remaining at 20% CPR thereafter.
Adjustable Rate Certificate
Pricing Prepayment Speed: Constant 30% CPR.
Expected Pricing Date: June 4-5, 1997.
Expected Settlement: June 12, 1997 through DTC, Euroclear or CEDEL.
Distribution Dates: The 15th of each month, beginning July 15, 1997.
Optional Call: 10% Clean-up call (10% of original aggregate loan balances).
Net Available Funds Cap: The adjustable rate certificates will be subject to an available funds cap equal to the weighted
average coupon rate of the adjustable rate home equity loans less [1.01%] per annum (comprised of a
0.50% servicing fee, 0.01% trustee fee and a 0.50% carve out).
Tax Status: REMIC
ERISA Eligibility: The Class A certificates are ERISA eligible.
SMMEA Eligibility: Classes A-10 and M-1A are SMMEA eligible.
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Credit Enhancement for Fixed Rate Certificates
o Class A1-A9 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1F, M-2F, and B-1F certificates, totaling 12.0%
of the original loan amount.
o Class M-1F, M-2F, and B-1F Credit Enhancement:
1. Excess cash
2. Class M-1F is further enhanced by 6.25% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2F is further enhanced by 1.00% in subordinate certificates and
O/C building up to 1.0%; 4. Class B-1F is enhanced by O/C building up to
1.0%.
Credit Enhancement for Floating Rate Certificates
o Class A-10 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1A, M-2A, and B-1A certificates, totaling 19.0%
of the original loan amount.
o Class M-1A, M-2A, and B-1A Credit Enhancement:
1. Excess cash
2. Class M-1A is further enhanced by 11.00% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2A is further enhanced by 4.75% in subordinate certificates and
O/C building up to 1.0%;
4. Class B-1A is enhanced by O/C initially building up to 1.0%.
Overcollateralization
1. Before the stepdown date, overcollateralization initially builds to 1.0%
of the original loan amount for both loan groups (subject to performance
triggers);
2. On and after the step-down date to 2.0% of the outstanding loan balance
for the fixed rate group and 2.5% of the outstanding loan balance for
the adjustable rate group (subject to performance triggers);
3. Step down overcollateralization amount subject to floors of 0.50% of the
original loan amount for both loan groups (subject to performance
triggers).
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Interest Cashflow Priority
o Interest Collections (net of Servicing) will be allocated in the following
priority:
Fixed Rate Cashflows
1. Trustee fee
2. Senior bonds (Class A-1 through A-9 + A-11IO) current interest plus
unpaid interest shortfalls
3. M-1F current interest
4. M-2F current interest
5. B-1F current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Floating Rate Cashflows
1. Trustee Fee
2. Senior bond (Class A-10) current interest plus unpaid interest
shortfalls
3. M-1A current interest
4. M-2A current interest
5. B-1A current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Principal Cashflow Priority
o Collections of Principal before the stepdown date (July 2000), or during a
trigger event, will be allocated in the following priority:
Fixed Rate Cashflows
1. Pay A-9 according to the following Lockout Percentage:
July 1997 - June 2000 0%
July 2000 - June 2002 45%
July 2002 - June 2003 80%
July 2003 - June 2004 100%
July 2004 - 300%
2. Pay Classes A-1 through A-8 sequentially
3. Pay M-1F, M-2F, then B-1F (if Class A certificates are retired in
full)
Floating Rate Cashflows
1. Pay Class A-10
2. Pay M-1A, M-2A, then Class B-1A (if Class A certificates are retired
in full)
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
o Collections of Principal on and after the stepdown date (July 2000), and if
no trigger event is in effect will be allocated in the following priority:
(cont.)
Fixed Rate Cashflows
Pay Class A bonds, Class M-1F, Class M-2F, and Class B-1F pro-rata in
accordance with enhancement targets, equal to 2.0 times the initial
enhancement for each class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 74% 26.0%
Class M-1F 11.5 14.5
Class M-2F 10.5 4.0
Class B-1F 2.0 2.0
Overcollateralization 2.0
---
100%
Collections of Principal on and after the stepdown date (and if no trigger
event is in effect) will be allocated in the following priority (cont.):
Floating Rate Cashflows
Pay Class A-10, M-1A, M-2A, and B-1A pro-rata in accordance with
enhancement targets equal to 2.5 times the initial enhancement for each
class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 50% 50.0%
Class M-1A 20 30.0
Class M-2A 15.625 14.375
Class B-1A 11.875 2.5
Overcollateralization 2.500
-----
100.000%
o Stepdown Date
- Stepdown Date is the earlier to occur of (i) the later of (x) three
years (July 2000) or (y) when cred enhancement reaches its target level
and (ii) when the Class A Certificates are retired in full.
o Trigger Events
- [To be finalized with the rating agencies]
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral Description
o Collateral statistics are based on a representative pool as of the May 9,
1997 statistical calculation date. The actual statistics may vary.
<TABLE>
<CAPTION>
ARM Portfolio Fixed Rate Portfolio
------------- --------------------
<S> <C> <C>
Total Outstanding Balance: $242,803,817.10 $669,071,981.76
Number of Loans: 3,020 11,095
Average Remaining $80,398.61 (range: $9,996 - $431,053) $60,303.92 (range: $5,900 - $406,250)
Balance:
Interest Rate Index: o 52.65% 6-month LIBOR o 100.00% fixed rate loans
o 40.67% 2/28 adjustment
o 6.68% 3/27 adjustment
Amortization Method: 100.00% fully amortizing 47.97% fully amortizing / 52.03% balloons
WA Gross Coupon: 10.19% (range: 5.99% - 15.10%) 11.54% (range: 7.63% - 18.99%)
WA Gross Margin /
WA Life Cap: 6.51% Margin / 16.45% Cap N/A
WA Periodic Interest Rate 1.04% N/A
Caps:
WA Months to Roll: 13.06 months N/A
Original Weighted Average 359.09 months (range: 120 - 360 months) 221.45 months (range: 60 - 360 months)
Term:
Remaining Weighted
Average Term: 357.75 months (range: 117 - 360 months) 220.08 months (range: 54 - 360 months)
Seasoning: 1.34 months (range: 0 - 10) 1.37 months (range: 0 - 23 months)
Lien Position: 100% first 92.98% first / 7.02% second
Original CLTV Ratio: 75.11% (range: 6.38% - 100.00%) 75.77% (range: 9.09% - 100.00%)
WA Debt to Income Ratio: 39.21% (range: 2.00% - 60.00%) 38.61% (range: 1.00% - 72.00%)
Credit Grade: 49.80% A, 26.38% B, 20.92% C, 2.85% D, 0.05% M 52.92% A, 26.39% B, 15.96% C, 4.19% D, 0.53% M
Documentation: 82.58% full doc, 9.93% no income verification, 86.22% full doc, 9.06% no income verification,
7.48% no doc 4.68% no doc, 0.04% other
Property Type: 89.30% single family, 4.09% 2-4 family, 2.78% 88.71% single family, 7.37% 2-4 family, 0.94%
PUD, 3.83% other PUD, 2.98% other
Owner Occupancy: 96.29% owner occupied, 3.71% investor owned 95.76% owner occupied, 4.24% investor owned
Loan Purpose: 70.06% debt consolidation and home improvement, 83.97% debt consolidation and home
28.22% purchase, 1.72% other improvement, 13.87% purchase, 2.16% other
Geographic Distribution: MI (24.32%), CA (10.91%), OH (6.38%), CO MI (10.13%), OH (8.59%), NY (8.32%), IL
(5.00%), with all remaining states under 5.0% (6.72%), FL (6.38%), IN (5.99%), PA (5.99%),
with all remaining states under 5.0%
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 1,678 31,967,075.16 4.78 19,050.70 12.93 61.05 90.51
25,000.01 - 50,000.00 3,911 146,609,403.52 21.91 37,486.42 12.1 71.12 90.02
50,000.00 - 50,000.00 2,788 171,847,449.61 25.68 61,638.25 11.49 76.51 88.81
75,000.00 - 100,000.00 1,268 109,573,097.51 16.38 86,414.11 11.29 77.81 86.18
100,000.00 - 125,000.00 681 76,009,905.82 11.36 111,615.13 11.16 79.65 85.48
125,000.00 - 150,000.00 344 46,910,975.03 7.01 136,369.11 11.08 79.85 82.58
150,000.00 - 175,000.00 163 26,284,092.43 3.93 161,252.10 11.07 79.6 80.12
175,000.00 - 200,000.00 108 20,129,262.95 3.01 186,382.06 11.11 80.37 77.06
200,000.00 - 225,000.00 51 10,832,250.66 1.62 212,397.07 11.18 80.93 80.5
225,000.00 - 250,000.00 38 9,088,775.12 1.36 239,178.29 11.2 78.29 73.37
250,000.00 - 275,000.00 21 5,487,753.67 0.82 261,321.60 10.85 81.94 71.39
275,000.00 - 300,000.00 13 3,760,558.45 0.56 289,273.73 11.02 79.56 54.29
300,000.00 - 325,000.00 13 4,118,829.13 0.62 316,833.01 10.62 77.33 46.41
325,000.00 - 350,000.00 9 3,047,372.72 0.46 338,596.97 10.61 71.88 78.31
350,000.00 - 400,000.00 8 2,998,929.98 0.45 374,866.25 11.02 76.48 87.09
400,000.00 - 450,000.00 1 406,250.00 0.06 406,250.00 10.99 65 100
- ----------------------- - ---------- ---- ---------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 5,900.00
Max: 406,250.00
Average: 60,303.92
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Range of Coupons Count Balance Total Balance Coupon CLTV Doc
- ---------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7.01 - 8.00 5 416,919.09 0.06 83,383.82 7.87 60.1 100
8.01 - 9.00 216 17,798,712.60 2.66 82,401.45 8.79 73.94 95.75
9.01 - 10.00 1,331 101,284,126.13 15.14 76,096.26 9.74 74.97 88.83
10.01 - 11.00 2,540 177,639,225.21 26.55 69,936.70 10.67 78.09 86.04
11.01 - 12.00 2,598 163,449,855.94 24.43 62,913.72 11.6 77.38 85.62
12.01 - 13.00 2,101 110,682,242.10 16.54 52,680.74 12.58 75.62 84.74
13.01 - 14.00 1,221 58,424,779.43 8.73 47,849.94 13.58 72.99 84.5
14.01 - 15.00 635 24,317,579.43 3.63 38,295.40 14.57 68.1 84.03
15.01 - 16.00 249 9,474,574.34 1.42 38,050.50 15.46 65.77 82.88
16.01 - 17.00 132 3,621,103.62 0.54 27,432.60 16.61 58.8 97.42
17.01 - 18.00 55 1,563,775.04 0.23 28,432.27 17.45 57.66 86.4
18.01 - 19.00 12 399,088.83 0.06 33,257.40 18.54 61.53 89.48
- ----- ----- -- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 7.63
Max: 18.99
WAC: 11.54
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 60
Max: 360
Weighted Average: 221.45
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 54
Max: 360
Weighted Average: 220.08
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 6,653 404,765,174.52 60.5 60,839.50 11.48 75.54 85.81
2 - 12 4,437 264,173,171.86 39.48 59,538.69 11.63 76.12 86.86
13 greater
than = 5 133,635.38 0.02 26,727.08 12.46 72.33 82.4
------ ---------- ---- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0
Max: 23
Weighted Average: 1.37
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 47 842,659.38 0.13 17,928.92 12.57 60.28 78.05
10.01 - 15.00 256 5,912,208.50 0.88 23,094.56 12.11 71.51 84.91
15.01 - 20.00 358 9,087,933.27 1.36 25,385.29 12.13 70.31 84.94
20.01 - 25.00 300 8,997,068.81 1.34 29,990.23 11.96 64.94 77.03
25.01 - 30.00 290 9,768,655.70 1.46 33,685.02 11.89 62.3 83.71
30.01 - 35.00 224 7,673,279.80 1.15 34,255.71 11.78 57.88 79.87
35.01 - 40.00 253 9,858,327.06 1.47 38,965.72 12.01 55.31 77.82
40.01 - 45.00 215 8,946,027.42 1.34 41,609.43 11.73 51.81 78.85
45.01 - 50.00 437 16,990,336.67 2.54 38,879.49 12.54 51.1 67.18
50.01 - 55.00 297 14,014,587.98 2.09 47,187.16 11.82 54.44 72.78
55.01 - 60.00 515 22,855,426.84 3.42 44,379.47 11.9 59.41 70
60.01 - 65.00 674 37,847,230.64 5.66 56,153.16 12.09 63.87 65.76
65.01 - 70.00 973 56,486,817.09 8.44 58,054.28 11.82 69.12 71.19
70.01 - 75.00 1,300 82,887,084.45 12.39 63,759.30 11.56 74.23 77.72
75.01 - 80.00 2,499 168,244,615.24 25.15 67,324.78 11.33 79.51 92.43
80.01 greater than = 2,457 208,659,722.91 31.19 84,924.59 11.25 86.72 98.2
- ----- ----- -------------- ----- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 6.90
Max: 100.00
Weighted Average: 72.55
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 3 32,938.44 0 10,979.48 13.55 9.43 100
10.01 - 15.00 14 278,733.41 0.04 19,909.53 12.59 13.73 61.71
15.01 - 20.00 34 721,890.59 0.11 21,232.08 12.06 18.37 77.71
20.01 - 25.00 64 1,774,176.87 0.27 27,721.51 11.9 23.02 60.57
25.01 - 30.00 99 2,673,330.71 0.4 27,003.34 12 27.8 74.35
30.01 - 35.00 125 3,450,532.05 0.52 27,604.26 11.94 32.81 73.73
35.01 - 40.00 172 5,672,027.76 0.85 32,976.91 12.14 37.6 71.43
40.01 - 45.00 182 6,808,145.67 1.02 37,407.39 11.8 42.73 72.68
45.01 - 50.00 430 16,189,842.76 2.42 37,650.80 12.59 48.56 65.56
50.01 - 55.00 307 13,995,139.92 2.09 45,586.77 11.86 53.13 70.39
55.01 - 60.00 547 23,323,025.06 3.49 42,638.07 11.92 58.42 69.65
60.01 - 65.00 739 40,153,339.72 6 54,334.70 12.1 63.49 64.9
65.01 - 70.00 1,069 59,410,064.23 8.88 55,575.36 11.82 68.95 70.48
70.01 - 75.00 1,494 89,774,522.21 13.42 60,090.04 11.6 74.13 77.79
75.01 - 80.00 2,888 180,580,717.85 26.99 62,527.95 11.35 79.45 92.45
80.01 greater than = 2,928 224,233,554.51 33.51 76,582.50 11.31 86.53 98.16
- ----- ----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 9.09
Max: 100.00
Weighted Average: 75.77
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.00 - 4.99 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
5.00 - 9.99 4 74,438.39 0.01 18,609.60 12.42 82.34 100
10.00 - 14.99 72 1,305,459.14 0.2 18,131.38 12.3 79.84 92.14
15.00 - 19.99 224 5,340,397.70 0.8 23,841.06 12.2 78.45 90.1
20.00 - 24.99 228 5,648,625.44 0.84 24,774.67 12.2 77.54 90.47
25.00 - 29.99 200 6,090,055.29 0.91 30,450.28 11.9 75.88 81.99
30.00 - 34.99 155 5,134,482.54 0.77 33,125.69 11.89 76.82 87.88
35.00 - 39.99 120 4,715,779.79 0.7 39,298.16 11.92 75.15 82.26
40.00 - 44.99 94 3,526,871.36 0.53 37,519.91 11.71 72.65 79.19
45.00 - 49.99 74 3,459,752.57 0.52 46,753.41 11.6 73.63 83.32
50.00 - 54.99 58 2,830,106.58 0.42 48,794.94 11.64 72.71 82.58
55.00 - 59.99 31 1,578,348.80 0.24 50,914.48 11.42 69.81 83.17
60.00 - 64.99 32 1,430,279.83 0.21 44,696.24 11.89 69.8 80.44
65.00 - 69.99 25 1,050,550.11 0.16 42,022.00 11.49 72.04 100
70.00 - 74.99 29 1,347,643.24 0.2 46,470.46 11.49 71.76 85.48
75.00 - 79.99 13 765,680.83 0.11 58,898.53 11.78 66.89 78.13
80.00 - 84.99 9 592,360.94 0.09 65,817.88 11.96 75.65 100
85.00 - 89.99 13 961,557.54 0.14 73,965.96 11.2 71.87 79.71
90.00 - 94.99 11 960,853.75 0.14 87,350.34 11.48 62.14 60.57
95.00 - 99.99 4 188,131.38 0.03 47,032.85 11.9 73.03 100
- ----- ----- - ---------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0.00
Max: 97.32
Weighted Average: 39.52
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- --------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 13 866,330.15 0.13 66,640.78 11.22 68.38 21.58
5.01 - 10.00 68 2,472,171.86 0.37 36,355.47 12.13 64.23 48.87
10.01 - 15.00 265 11,202,755.56 1.67 42,274.55 11.86 69.03 71.51
15.01 - 20.00 552 23,191,475.91 3.47 42,013.54 11.8 71.14 84.5
20.01 - 25.00 855 41,954,407.95 6.27 49,069.48 11.58 73.7 87.43
25.01 - 30.00 1,215 61,480,588.72 9.19 50,601.31 11.64 74.1 88.54
30.01 - 35.00 1,499 83,998,089.72 12.55 56,036.08 11.56 74.47 87.66
35.01 - 40.00 1,687 105,578,894.05 15.78 62,583.81 11.58 75.98 84.89
40.01 - 45.00 2,090 138,409,421.02 20.69 66,224.60 11.45 76.73 84.12
45.01 - 50.00 2,537 175,054,321.58 26.16 69,000.52 11.49 77.65 89.13
50.01 - 55.00 294 22,826,271.87 3.41 77,640.38 11.39 76.85 83.41
55.01 - 60.00 18 1,925,851.16 0.29 106,991.73 11.11 78.83 100
65.01 - 70.00 1 86,908.21 0.01 86,908.21 8.45 80 100
70.01 - 75.00 1 24,494.00 0 24,494.00 15.75 50 100
- --------- - --------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 1.00
Max: 72.00
Weighted Average: 38.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 10,927 659,004,823.54 98.5 60,309.77 11.52 75.74 86.18
30 - 59 155 9,181,682.90 1.37 59,236.66 12.48 77.38 88.81
60 - 89 13 885,475.32 0.13 68,113.49 12.27 81.21 95.83
-- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ----------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon - 15/30 5,141 347,594,280.51 51.95 67,612.19 11.87 77.34 87.3
Fixed - 30 Year 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
Fixed - 20 Year 1,667 91,666,227.51 13.7 54,988.74 11.25 74.4 86.4
Fixed - 15 Year 2,069 84,706,461.32 12.66 40,940.77 11.34 71.8 86.98
Fixed - 10 Year 465 12,915,962.53 1.93 27,776.26 11.48 65.86 88.34
Fixed - 25 Year 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
Fixed - 5 Year 60 1,273,952.13 0.19 21,232.54 11.88 60.82 86.03
Balloon - 20/30 2 232,778.50 0.03 116,389.25 12.03 87.15 100
Balloon - 10/30 2 127,900.00 0.02 63,950.00 15.2 55.09 100
Balloon - 15/20 2 67,524.22 0.01 33,762.11 13.27 58.44 100
Balloon - 7/30 1 63,958.79 0.01 63,958.79 11.2 74.37 100
Balloon - 5/30 1 49,992.25 0.01 49,992.25 14.7 72.46 100
- --------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ------ -------------- ----- --------- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1st Lien 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
2nd Lien 1,396 47,001,375.22 7.02 33,668.61 11.87 74.81 85.08
----- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon 5,149 348,136,434.27 52.03 67,612.44 11.87 77.34 87.32
Non-Balloon 5,946 320,935,547.49 47.97 53,975.03 11.17 74.06 85.04
----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Single Family Detached 9,626 574,205,997.58 85.82 59,651.57 11.54 76.1 86.68
2-4 Family 666 49,326,220.10 7.37 74,063.39 11.32 74.4 86.8
Single Family Attached 392 19,334,948.93 2.89 49,323.85 11.91 75.51 89.5
Manufactured Housing 237 11,714,999.76 1.75 49,430.38 11.62 75.19 91.96
PUD 65 6,303,530.95 0.94 96,977.40 11.51 79.29 82.64
Mixed Use 33 4,468,132.43 0.67 135,397.95 12.11 56.43 9.83
Condo 76 3,718,152.01 0.56 48,923.05 11.62 62.95 70.84
- ----- -- ------------ ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 8,954 533,432,335.35 79.73 59,574.75 11.53 75.61 86.58
Purchase 1,371 92,781,543.01 13.87 67,674.36 11.7 78.58 86.54
Debt Consol. & Home 280 15,045,889.10 2.25 53,735.32 11.91 71.26 78.13
Improve
Other 204 14,433,278.54 2.16 70,751.37 10.49 74.74 85.33
Home Improvement 286 13,378,935.76 2 46,779.50 11.49 68.76 79.76
--- ------------- - --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Owner Occupied 10,473 640,718,092.73 95.76 61,178.09 11.53 76.22 86.5
Investor Owned 622 28,353,889.03 4.24 45,585.03 11.65 65.58 79.98
--- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 1,465 67,792,715.10 10.13 46,274.89 12.68 73.51 90.76
Ohio 1,031 57,485,788.31 8.59 55,757.31 11.16 77.48 91.91
New York 707 55,691,515.74 8.32 78,771.59 11.18 73.53 78.93
Illinois 738 44,955,215.01 6.72 60,914.93 11.52 76.33 91.81
Florida 744 42,713,914.89 6.38 57,411.18 11.57 75.51 75.95
Indiana 809 40,083,075.59 5.99 49,546.45 11.37 77.57 92.09
Pennsylvania 649 40,074,359.26 5.99 61,747.86 11.46 76 84.52
North Carolina 571 31,707,850.85 4.74 55,530.39 11.57 77.26 90.82
New Jersey 377 30,995,902.32 4.63 82,217.25 11.48 74.3 79.54
Maryland 365 25,538,205.93 3.82 69,967.69 11.18 76.02 87.34
Georgia 359 22,646,232.39 3.38 63,081.43 11.92 78.35 89.68
Massachusetts 240 19,346,021.02 2.89 80,608.42 10.97 72.57 81.39
California 183 18,076,753.69 2.7 98,780.07 10.43 72.03 77.2
South Carolina 333 16,628,527.98 2.49 49,935.52 11.6 77.01 89.04
Missouri 295 14,757,576.89 2.21 50,025.68 12.35 78.11 90.89
Kentucky 221 11,585,887.21 1.73 52,424.83 11.12 78.44 93.9
Utah 141 11,557,647.40 1.73 81,969.13 11.44 77.15 84.18
Tennessee 179 11,002,684.03 1.64 61,467.51 11.11 79.87 90.63
Colorado 138 9,863,358.95 1.47 71,473.62 11.56 79.59 89.19
Virginia 146 9,070,798.66 1.36 62,128.76 11.81 75.39 89.54
New Mexico 124 7,955,659.18 1.19 64,158.54 12.24 77.32 82.98
Minnesota 110 7,162,190.40 1.07 65,110.82 11.87 77.16 91.49
Rhode Island 86 6,427,681.82 0.96 74,740.49 11.05 78.48 83.15
Texas 99 6,281,752.50 0.94 63,452.05 11.98 77.96 88.03
Arizona 87 6,178,256.21 0.92 71,014.44 10.83 75.46 85.45
Wisconsin 122 6,124,235.11 0.92 50,198.65 11.97 75.67 92.98
Washington 76 6,062,512.59 0.91 79,769.90 10.67 72.02 67.21
Connecticut 73 5,829,525.14 0.87 79,856.51 11.09 70.78 74.2
Oregon 63 5,427,112.25 0.81 86,144.64 10.88 74.74 62.37
Kansas 69 3,451,575.19 0.52 50,022.83 12.09 79.36 87.59
Iowa 85 3,436,937.90 0.51 40,434.56 12.13 73.97 93.68
Louisiana 63 2,756,380.96 0.41 43,752.08 12.05 72.42 87.01
Delaware 35 2,650,041.23 0.4 75,715.46 11.2 74.73 73.52
District of Columbia 39 2,530,205.64 0.38 64,877.07 11.85 66.04 86.44
Nevada 22 2,081,340.96 0.31 94,606.41 11.31 78.44 90.27
Oklahoma 45 2,032,305.66 0.3 45,162.35 11.9 78.93 96.14
New Hampshire 25 1,709,586.22 0.26 68,383.45 10.17 73.29 69.86
Mississippi 36 1,580,121.10 0.24 43,892.25 12.56 76.17 85.51
Nebraska 32 1,522,828.82 0.23 47,588.40 12.04 80.74 94.47
Idaho 32 1,372,889.29 0.21 42,902.79 11.47 75.07 94.91
Hawaii 7 1,243,317.30 0.19 177,616.76 9.98 69.17 64.39
Arkansas 28 1,130,466.23 0.17 40,373.79 13.13 75.2 91.73
Montana 13 898,502.18 0.13 69,115.55 11.56 76.98 79.07
Maine 9 553,777.37 0.08 61,530.82 10.55 68.49 68.4
Wyoming 9 510,940.80 0.08 56,771.20 11.99 73.25 82.86
West Virginia 11 424,759.40 0.06 38,614.49 12.02 70.99 96.12
South Dakota 3 128,764.87 0.02 42,921.62 12.7 81.71 100
North Dakota 1 34,284.22 0.01 34,284.22 13 70 100
- --------- ---- --------- -- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Full Doc - Asset and 9,804 576,904,295.17 86.22 58,843.77 11.51 77.23 100
Income
No Income Verifier 803 60,637,147.28 9.06 75,513.26 11.59 68.97 0
No Documentation 487 31,293,728.63 4.68 64,258.17 12.01 62.09 0
Other 1 236,810.68 0.04 236,810.68 10.5 63.71 0
- ---------- ---- ---------- ---- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
A 5,220 354,079,260.89 52.92 67,831.28 10.87 78.6 84.16
B 2,970 176,591,410.33 26.39 59,458.39 11.76 75.75 87.97
C 2,163 106,799,408.03 15.96 49,375.59 12.65 71.37 92.04
D 713 28,038,323.21 4.19 39,324.44 14.25 59.13 90.15
M 29 3,563,579.30 0.53 122,882.04 12.35 57.45 0
-- ------------ ---- ---------- ----- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 115 2,356,064.74 0.97 20,487.52 11.6 55.51 80.41
25,000.01 - 50,000.00 811 31,352,128.53 12.91 38,658.60 10.84 67.95 87.27
50,000.01 - 75,000.00 817 50,562,365.09 20.82 61,887.84 10.41 74.49 89.62
75,000.01 - 100,000.00 546 47,507,669.52 19.57 87,010.38 10.22 76.14 82.52
100,000.01 - 125,000.00 301 33,617,305.11 13.85 111,685.40 10.06 76.95 81.25
125,000.01 - 150,000.00 172 23,640,005.57 9.74 137,441.89 9.92 77.88 81.64
150,000.01 - 175,000.00 83 13,503,002.81 5.56 162,686.78 9.86 77.45 81.69
175,000.01 - 200,000.00 66 12,309,379.60 5.07 186,505.75 9.85 77.7 74.21
200,000.01 - 225,000.00 43 9,106,204.67 3.75 211,772.20 9.77 77.42 65.13
225,000.01 - 250,000.00 19 4,503,522.41 1.85 237,027.50 9.43 78.28 73.43
250,000.01 - 275,000.00 15 3,892,912.47 1.6 259,527.50 9.78 77.66 79.63
275,000.01 - 300,000.00 12 3,486,570.20 1.44 290,547.52 9.46 75.02 50.48
300,000.01 - 325,000.00 8 2,484,274.70 1.02 310,534.34 9.52 83.71 100
325,000.01 - 350,000.00 5 1,697,147.27 0.7 339,429.45 10.36 75.89 80.8
350,000.00 - 400,000.00 4 1,528,462.46 0.63 382,115.62 8.64 73.49 49.05
400,000.01 - 450,000.00 3 1,256,801.95 0.52 418,933.98 9.11 73.85 100
- ---------- ---------- - ------------ ---- ---------- ---- ----- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 9,996.34
Max: 431,053.02
Average: 80,398.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Current Coupons Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5.01 - 6.00 2 151,349.00 0.06 75,674.50 5.99 82.07 50.22
6.01 - 7.00 10 1,564,256.24 0.64 156,425.62 6.85 73.71 78.29
7.01 - 8.00 45 5,259,432.57 2.17 116,876.28 7.77 74.64 72.74
8.01 - 9.00 333 34,767,586.07 14.32 104,407.17 8.69 76.1 82.42
9.01 - 10.00 797 72,764,429.14 29.97 91,297.90 9.64 76.31 82.72
10.01 - 11.00 1,014 78,025,502.93 32.14 76,948.23 10.54 75.73 84.77
11.01 - 12.00 586 37,982,962.03 15.64 64,817.34 11.52 73.49 81.99
12.01 - 13.00 152 8,392,594.80 3.46 55,214.44 12.5 69.29 74.24
13.01 - 14.00 42 2,169,173.54 0.89 51,646.99 13.44 62.24 69.21
14.01 - 15.00 38 1,679,737.39 0.69 44,203.62 14.39 58.98 88.01
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
- --------- ---- --------- ---- -- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 5.99
Max: 15.10
WAC: 10.19
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,472.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- =-------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== =============== ===== ========= ===== ===== =====
Min: 120
Max: 360
Weighted Average: 359.09
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,572.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 117
Max: 360
Weighted Average: 357.75
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 1,813 146,025,742.31 60.14 80,543.71 10.14 74.97 82.08
2 - 12 1,207 96,778,074.79 39.86 80,180.68 10.27 75.33 83.34
----- ------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0
Max: 10
Weighted Average: 1.34
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== =============== ===== ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.00 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0.00
Max: 0.00
Weighted Average: 0.00
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 2 271,450.05 0.11 135,725.03 10.23 70.36 0
5.01 - 10.00 23 1,320,458.12 0.54 57,411.22 10.91 64.62 30.18
10.01 - 15.00 44 2,298,850.23 0.95 52,246.60 10.57 64.91 60.05
15.01 - 20.00 135 7,596,425.11 3.13 56,269.82 10.42 71.16 69.33
20.01 - 25.00 222 13,812,421.00 5.69 62,218.11 10.33 73.17 84.58
25.01 - 30.00 329 21,511,996.23 8.86 65,386.01 10.4 73.03 80.08
30.01 - 35.00 394 29,230,021.36 12.04 74,187.87 10.24 75.02 85.86
35.01 - 40.00 505 40,688,050.70 16.76 80,570.40 10.2 75.67 80.82
40.01 - 45.00 571 49,542,949.05 20.4 86,765.23 10.15 75.85 81.9
45.01 - 50.00 653 59,747,778.33 24.61 91,497.36 10.15 76.34 85.72
50.01 - 55.00 127 14,288,815.16 5.88 112,510.36 9.82 75.75 87.45
55.01 - 60.00 15 2,494,601.76 1.03 166,306.78 9.43 75.98 91.75
-- ------------ ---- ---------- ---- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 2.00
Max: 60.00
Weighted Average: 39.21
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 2,972 239,197,670.33 98.51 80,483.74 10.18 75.1 82.69
30 - 59 45 3,385,380.86 1.39 75,230.69 10.93 76.36 77.87
60 - 89 3 220,765.91 0.09 73,588.64 10.12 69.84 37.37
- ---------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Index Type Count Balance Total Balance Coupon CLTV Doc
- ---------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Libor - 6 Month 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
ARM - 6 Month 1,636 127,829,808.91 52.65 78,135.58 9.99 75.11 81.83
ARM - 2 Year/6Month 1,223 98,756,977.02 40.67 80,749.78 10.38 74.79 82.91
ARM - 3 Year/6 Month 161 16,217,031.17 6.68 100,726.90 10.61 77.10 86.50
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
1st Lien 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
Non-Balloon 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
Single Family 2,693 215,195,077.47 88.63 79,909.05 10.21 75.16 82.98
Detached
2-4 Family 116 9,938,087.17 4.09 85,673.17 10.2 74.19 74.48
PUD 50 6,761,855.75 2.78 135,237.12 9.5 77.1 77.43
Manufactured Housing 96 5,881,752.10 2.42 61,268.25 10.4 75.05 90.52
Condo 39 3,291,977.92 1.36 84,409.69 9.83 70.12 74.87
Single Family Attached 25 1,625,066.69 0.67 65,002.67 9.92 76.68 92.88
Mixed Use 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ---- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ==== ========== ===== ===== =====
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 2,053 159,558,667.78 65.72 77,719.76 10.21 74.91 84.87
Purchase 751 68,521,979.45 28.22 91,240.98 10.09 76.09 77.66
Debt Consol. & Home 98 7,092,500.30 2.92 72,372.45 10.37 71.54 80.82
Improve.
Other 54 4,165,596.75 1.72 77,140.68 10.65 75.89 78.62
Home Improvement 64 3,465,072.82 1.43 54,141.76 10.61 71.65 82.95
-- ------------ ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
Owner Occupied 2,865 233,792,936.71 96.29 81,603.12 10.19 75.42 82.92
Investor Owned 155 9,010,880.39 3.71 58,134.71 10.16 67.12 73.77
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
Full Doc -Asset and 2,562 200,515,359.27 82.58 78,265.17 10.19 76.67 100
Income
No Income Verifier 248 24,115,154.81 9.93 97,238.53 10.18 70.23 0
No Documentation 210 18,173,303.02 7.48 86,539.54 10.24 64.39 0
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 948 59,044,777.72 24.32 62,283.52 10.82 72.82 85.43
California 204 26,498,047.33 10.91 129,892.39 9.26 76.61 75.46
Ohio 221 15,498,662.00 6.38 70,129.69 9.99 76.87 91.85
Colorado 127 12,141,063.43 5 95,598.92 10.04 74.45 78.99
Utah 112 11,482,302.62 4.73 102,520.56 9.85 76.86 89.35
Washington 104 10,797,424.13 4.45 103,821.39 9.41 75.23 69.7
Texas 104 9,967,861.20 4.11 95,844.82 10.1 75.65 78.7
Illinois 106 9,036,827.21 3.72 85,253.09 10.65 76.69 89.8
Arizona 84 7,248,456.73 2.99 86,291.15 9.92 77.81 79.86
New Mexico 71 6,942,843.56 2.86 97,786.53 10.55 75.07 59.7
Indiana 86 5,507,438.51 2.27 64,039.98 10.47 75.55 86.54
Florida 58 5,370,819.87 2.21 92,600.34 9.88 74.56 77.19
Iowa 97 4,927,714.27 2.03 50,801.18 10.61 75.11 94.15
Missouri 76 4,836,704.56 1.99 63,640.85 10.55 75.78 94.38
Maryland 40 4,152,214.27 1.71 103,805.36 9.91 76.9 94.54
Oregon 44 3,972,267.64 1.64 90,278.81 9.93 73.95 74.61
Connecticut 39 3,914,512.00 1.61 100,372.10 9.83 74.39 82.41
Wisconsin 63 3,820,818.30 1.57 60,647.91 10.44 72.87 87.3
Kentucky 42 2,975,407.72 1.23 70,843.04 9.48 79.45 91.12
Georgia 25 2,823,803.48 1.16 112,952.14 10.71 80.24 81.46
North Carolina 40 2,766,928.89 1.14 69,173.22 10.38 75.14 87.15
New York 23 2,584,022.30 1.06 112,348.80 10.11 72.69 89.3
Pennsylvania 28 2,535,309.95 1.04 90,546.78 10.45 77.46 82.48
Tennessee 23 2,512,125.37 1.03 109,222.84 10.23 80.42 93.49
Nevada 22 2,502,630.46 1.03 113,755.93 9.99 76.94 83.98
Kansas 41 2,392,621.74 0.99 58,356.63 10.73 76.51 87.16
Massachusetts 21 2,271,568.48 0.94 108,169.93 10.18 74.49 80.23
Idaho 28 2,110,608.77 0.87 75,378.88 10.06 73.01 70.85
Hawaii 10 1,797,612.92 0.74 179,761.29 9.46 68.55 74.07
New Jersey 15 1,525,613.40 0.63 101,707.56 11.08 75.43 91.48
Minnesota 21 1,434,255.43 0.59 68,297.88 10.56 71.77 72.53
Montana 10 1,220,098.26 0.5 122,009.83 9.57 76.17 67.23
Nebraska 19 1,029,848.27 0.42 54,202.54 9.94 73.04 89.62
Virginia 11 1,018,140.18 0.42 92,558.20 10.08 74.42 83.74
Oklahoma 11 879,951.14 0.36 79,995.56 10.37 78.29 68.34
Rhode Island 7 747,256.49 0.31 106,750.93 9.89 66.81 38.25
South Carolina 10 620,954.56 0.26 62,095.46 10.32 76.59 83.97
West Virginia 9 463,103.82 0.19 51,455.98 10.29 75.2 100
Wyoming 5 342,799.76 0.14 68,559.95 10.83 79.84 73.31
Arkansas 6 330,335.08 0.14 55,055.85 10.1 68.6 80.94
New Hampshire 3 237,224.02 0.1 79,074.67 9.84 74.98 100
Maine 1 155,905.49 0.06 155,905.49 8.5 75 0
District of Columbia 2 154,477.35 0.06 77,238.68 10.74 75 100
Louisiana 1 112,500.00 0.05 112,500.00 9.7 82.12 100
Delaware 1 71,969.80 0.03 71,969.80 10.25 79.56 100
South Dakota 1 25,988.62 0.01 25,988.62 10.05 65 0
----- -------------- ----- --------- ----- ----- ------
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========= ===== ===== ======
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
A 1,268 120,925,675.18 49.8 95,367.25 9.72 77.26 76.32
B 832 64,051,964.54 26.38 76,985.53 10.19 74.59 86.27
C 767 50,799,405.28 20.92 66,231.30 11.03 72.78 92.15
D 152 6,916,772.10 2.85 45,505.08 12.29 59.68 88.93
M 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Margins Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------------- ----- ---------- ------ ----- -----
0.00 - 3.99 10 1,473,802.59 0.61 147,380.26 9.27 80.49 64.42
4.00 - 4.99 86 9,626,117.65 3.96 111,931.60 9 76.58 89.86
5.00 - 5.99 700 71,159,741.41 29.31 101,656.77 9.39 76.55 84.39
6.00 - 6.99 1,045 85,097,755.46 35.05 81,433.26 10.14 76 82.64
7.00 - 7.99 798 54,367,025.07 22.39 68,129.10 10.87 73.48 81.4
8.00 - 8.99 319 17,713,584.82 7.3 55,528.48 11.79 70.31 78.45
9.00 - 9.99 59 3,290,676.97 1.36 55,774.19 12.87 67.69 70.74
10.00 - 10.99 3 75,113.13 0.03 25,037.71 14.19 55.81 72.85
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 0.000
Max: 10.750
Weighted Average: 6.510
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Initial Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C>
1.000 1,643 128,374,613.77 52.87 78,134.27 9.99 75.11 81.9
1.250 1 104,949.75 0.04 104,949.75 9.63 70 100
1.500 4 268,605.31 0.11 67,151.33 10.58 70.89 66.12
2.000 8 830,867.12 0.34 103,858.39 10.57 80.57 100
2.375 1 102,937.59 0.04 102,937.59 8.5 64.38 100
3.000 1,339 111,241,879.21 45.82 83,078.33 10.4 75.07 83.12
6.000 24 1,879,964.35 0.77 78,331.85 11.26 76.98 89.78
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 6.000
Weighted Average: 1.960
Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Rate Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
1.00 2,864 226,621,607.16 93.34 79,127.66 10.24 75.17 83.03
1.25 1 104,949.75 0.04 104,949.75 9.63 70 100
1.50 150 15,389,206.64 6.34 102,594.71 9.46 74.11 75.08
2.00 1 194,000.00 0.08 194,000.00 10.5 77.6 100
3.00 4 494,053.55 0.2 123,513.39 11.07 79.45 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 3.000
Weighted Average: 1.037
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Maximum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11.01 - 12.00 1 76,000.00 0.03 76,000.00 5.99 100 100
12.01 - 13.00 6 907,890.24 0.37 151,315.04 6.88 71.97 79.61
13.01 - 14.00 33 4,206,198.18 1.73 127,460.55 7.66 75.44 77.73
14.01 - 15.00 204 21,514,455.36 8.86 105,463.02 8.58 75.93 79.48
15.01 - 16.00 728 66,982,659.77 27.59 92,009.15 9.42 76.17 83.48
16.01 - 17.00 1,054 83,802,214.33 34.51 79,508.74 10.33 75.94 85.26
17.01 - 18.00 678 46,608,172.32 19.2 68,743.62 11.21 73.64 80.92
18.01 - 19.00 210 13,407,117.17 5.52 63,843.42 12.01 72.91 77.6
19.01 - 20.00 56 3,114,355.96 1.28 55,613.50 12.98 65.5 63.25
20.01 - 21.00 40 1,758,120.67 0.72 43,953.02 14.16 62.8 89.59
21.01 - 22.00 9 379,839.71 0.16 42,204.41 14.32 53.86 72.26
22.01 - 23.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 11.990
Max: 22.100
Weighted Average: 16.447
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Minimum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
3.01 - 4.00 1 110,516.35 0.05 110,516.35 10.38 74.97 100
4.01 - 5.00 3 296,543.49 0.12 98,847.83 8.77 74.59 100
5.01 - 6.00 12 1,047,267.61 0.43 87,272.30 8.86 77.38 83.69
6.01 - 7.00 24 3,225,639.15 1.33 134,401.63 8.51 77.13 78.25
7.01 - 8.00 57 6,223,564.34 2.56 109,185.34 8.25 74.99 72.94
8.01 - 9.00 334 34,674,980.99 14.28 103,817.31 8.73 75.95 82.37
9.01 - 10.00 783 71,279,594.40 29.36 91,033.96 9.64 76.28 82.81
10.01 - 11.00 1,002 76,893,685.01 31.67 76,740.20 10.54 75.74 85.01
11.01 - 12.00 576 37,062,246.51 15.26 64,344.18 11.52 73.33 81.62
12.01 - 13.00 151 8,379,587.13 3.45 55,493.95 12.51 69.15 74.2
13.01 - 14.00 39 1,966,489.35 0.81 50,422.80 13.44 61.83 66.04
14.01 - 15.00 37 1,596,909.38 0.66 43,159.71 14.38 58.92 87.39
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 4.000
Max: 15.100
Weighted Average: 10.122
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Next Rate Outstanding Pct. Average Wtd. Wtd. Pct.
Adjustment Principal of Principal Avg. Avg. Full
Date Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1997-05 6 666,319.56 0.27 111,053.26 10.07 77.98 71.47
1997-06 45 3,680,976.26 1.52 81,799.47 9.94 77.24 81.21
1997-07 72 5,683,836.40 2.34 78,942.17 10.03 77.65 85.73
1997-08 392 31,878,314.32 13.13 81,322.23 10.33 75.73 79.63
1997-09 419 30,189,928.25 12.43 72,052.33 10.05 73.81 85.04
1997-10 495 38,590,987.28 15.89 77,961.59 9.8 74.78 81.39
1997-11 199 16,443,796.84 6.77 82,632.14 9.65 75.39 79.99
1997-12 8 695,650.00 0.29 86,956.25 10.06 79.9 92.99
1998-09 1 126,375.42 0.05 126,375.42 8.9 84.95 100
1998-11 4 199,206.32 0.08 49,801.58 11.39 75.1 93.98
1998-12 7 343,041.33 0.14 49,005.90 10.44 70.82 100
1999-01 24 1,830,770.10 0.75 76,282.09 11.1 80.71 90.75
1999-02 110 10,084,825.92 4.15 91,680.24 10.42 76.61 82.84
1999-03 219 18,018,894.73 7.42 82,278.06 10.32 73.05 81.35
1999-04 429 35,286,858.69 14.53 82,253.75 10.37 74.75 81.97
1999-05 392 30,845,204.51 12.7 78,686.75 10.32 74.92 83.49
1999-06 37 2,021,800.00 0.83 54,643.24 11.32 74.66 92.71
1999-09 1 123,918.97 0.05 123,918.97 11.13 90 100
1999-12 3 389,364.30 0.16 129,788.10 10.21 73.71 100
2000-01 5 430,133.94 0.18 86,026.79 12.48 74.86 100
2000-02 15 1,118,679.59 0.46 74,578.64 11.22 76.58 87.21
2000-03 44 4,642,456.33 1.91 105,510.37 10.45 77.81 92.23
2000-04 51 4,780,653.04 1.97 93,738.29 10.62 76.61 82.73
2000-05 42 4,731,825.00 1.95 112,662.50 10.46 77.19 81.82
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min (in months): 1
Max: 35
Weighted Average: 13.06
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 7 5
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 12.81 9.69 7.10 6.26 5.27 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
Window Mnths 111 2 52 57 51 47 28 18
Class A-8
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
Start Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
End Prin 1/15/24 3/15/23 11/15/17 1/15/14 5/15/12 5/15/12 10/15/11 1/15/07
Window Mnths 33 131 67 54 64 74 93 77
Class A-9
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/09 5/15/12 5/15/12 5/15/12 5/15/12 8/15/11 9/15/07
Window Mnths 143 143 143 143 142 141 131 78
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-1F
Avg Life 18.16 11.58 9.00 7.21 5.85 5.46 5.00 4.23
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 5/15/26 8/15/16 12/15/12 5/15/12 8/15/10 8/15/09 5/15/08 5/15/05
Window Mnths 169 157 135 140 122 109 94 55
Class M-2F
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
Start Prin 5/15/12 8/15/03 10/15/00 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 7/15/25 12/15/13 5/15/12 6/15/11 10/15/08 12/15/07 11/15/06 4/15/04
Window Mnths 159 125 128 129 100 90 77 46
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.89 4.48 3.35 2.63 2.12 1.70 1.28 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 4/15/27 10/15/23 4/15/19 2/15/15 12/15/11 7/15/09 9/15/07 10/15/99
Window Mnths 358 316 262 212 174 145 123 28
Class M-1A
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 4/15/27 9/15/21 10/15/16 12/15/12 2/15/10 1/15/08 5/15/06 1/15/05
Window Mnths 49 226 184 149 114 85 61 64
Class M-2A
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 3/15/27 10/15/19 11/15/14 4/15/11 9/15/08 11/15/06 6/15/05 5/15/04
Window Mnths 48 203 161 129 98 75 57 39
Class B-1A
Avg Life 27.97 10.21 7.60 5.96 4.88 4.22 3.81 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 1/15/27 6/15/16 12/15/11 11/15/08 10/15/06 3/15/05 1/15/04 4/15/02
Window Mnths 46 163 126 100 76 57 43 22
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 8/15/99 7/15/00 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 11 5
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 11.93 9.04 6.72 6.04 5.25 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
Window Mnths 111 2 20 25 26 24 22 18
Class A-8
Avg Life 27.45 14.93 12.26 9.51 7.59 6.93 6.18 4.43
Start Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 8 1 1 1 1 1 1 6
Class A-9
Avg Life 12.09 8.07 7.28 6.73 6.23 5.95 5.56 4.46
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 143 143 111 78 54 45 35 9
Class M-1F
Avg Life 18.08 11.38 8.53 6.56 5.29 4.92 4.51 3.88
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 46 37 14
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-2F
Avg Life 17.91 11.38 8.53 6.56 5.29 4.90 4.47 3.67
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 47 38 18
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.69 4.28 3.22 2.52 2.03 1.64 1.25 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 12/15/24 5/15/12 9/15/09 12/15/04 1/15/06 8/15/03 8/15/03 10/15/99
Window Mnths 330 179 147 114 91 83 74 28
Class M-1A
Avg Life 27.23 10.18 7.75 6.06 5.01 4.73 5.14 2.75
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 53 41 28 27
Class M-2A
Avg Life 27.23 10.18 7.75 6.06 4.96 4.44 4.19 4.32
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 54 45 35 10
Class B-1A
Avg Life 27.23 9.98 7.53 5.89 4.81 4.20 3.80 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 55 47 38 18
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-1
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 86 38 13 0 0 0 0 0
6/15/99 78 0 0 0 0 0 0 0
6/15/00 70 0 0 0 0 0 0 0
6/15/01 61 0 0 0 0 0 0 0
6/15/02 50 0 0 0 0 0 0 0
6/15/03 39 0 0 0 0 0 0 0
6/15/04 27 0 0 0 0 0 0 0
6/15/05 16 0 0 0 0 0 0 0
9/15/06 3 0 0 0 0 0 0 0
6/15/07 0 0 0 0 0 0 0 0
6/15/08 0 0 0 0 0 0 0 0
6/15/09 0 0 0 0 0 0 0 0
6/15/10 0 0 0 0 0 0 0 0
6/15/11 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 4.83 0.86 0.67 0.57 0.5 0.48 0.45 0.38
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-2
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 89 66 56 42 0
6/15/99 100 65 14 0 0 0 0 0
6/15/00 100 2 0 0 0 0 0 0
6/15/01 100 0 0 0 0 0 0 0
6/15/02 100 0 0 0 0 0 0 0
6/15/03 100 0 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 91 0 0 0 0 0 0 0
6/15/08 77 0 0 0 0 0 0 0
6/15/09 61 0 0 0 0 0 0 0
6/15/10 43 0 0 0 0 0 0 0
6/15/11 23 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-3
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 96
6/15/99 100 100 100 78 48 36 20 0
6/15/00 100 100 56 15 0 0 0 0
6/15/01 100 67 14 0 0 0 0 0
6/15/02 100 36 0 0 0 0 0 0
6/15/03 100 10 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-4
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 4
6/15/00 100 100 100 100 36 0 0 0
6/15/01 100 100 100 34 0 0 0 0
6/15/02 100 100 57 0 0 0 0 0
6/15/03 100 100 0 0 0 0 0 0
6/15/04 100 79 0 0 0 0 0 0
6/15/05 100 47 0 0 0 0 0 0
6/15/06 100 15 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.5 1.9
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-5
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 96 38 0
6/15/01 100 100 100 100 48 17 0 0
6/15/02 100 100 100 55 0 0 0 0
6/15/03 100 100 98 0 0 0 0 0
6/15/04 100 100 49 0 0 0 0 0
6/15/05 100 100 22 0 0 0 0 0
6/15/06 100 100 0 0 0 0 0 0
6/15/07 100 82 0 0 0 0 0 0
6/15/08 100 51 0 0 0 0 0 0
6/15/09 100 22 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
6/15/12 37 0 0 0 0 0 0 0
6/15/13 5 0 0 0 0 0 0 0
8/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.19 11.12 7.22 5.17 4.05 3.7 3.14 2.24
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-6
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 0
6/15/01 100 100 100 100 100 100 50 0
6/15/02 100 100 100 100 46 0 0 0
6/15/03 100 100 100 97 0 0 0 0
6/15/04 100 100 100 14 0 0 0 0
6/15/05 100 100 100 0 0 0 0 0
6/15/06 100 100 87 0 0 0 0 0
6/15/07 100 100 31 0 0 0 0 0
6/15/08 100 100 0 0 0 0 0 0
6/15/09 100 100 0 0 0 0 0 0
6/15/10 100 88 0 0 0 0 0 0
6/15/11 100 37 0 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 41 0 0 0 0 0 0 0
3/15/15 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 16.92 13.81 9.72 6.62 5.04 4.6 4.06 2.54
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-7
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 15
6/15/01 100 100 100 100 100 100 100 2
6/15/02 100 100 100 100 100 95 55 0
6/15/03 100 100 100 100 73 47 15 0
6/15/04 100 100 100 100 38 17 0 0
6/15/05 100 100 100 88 28 11 0 0
6/15/06 100 100 100 63 11 0 0 0
6/15/07 100 100 100 40 0 0 0 0
6/15/08 100 100 89 19 0 0 0 0
6/15/09 100 100 65 2 0 0 0 0
6/15/10 100 100 43 0 0 0 0 0
6/15/11 100 100 24 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 100 0 0 0 0 0 0 0
6/15/15 98 0 0 0 0 0 0 0
6/15/16 91 0 0 0 0 0 0 0
6/15/17 84 0 0 0 0 0 0 0
6/15/18 75 0 0 0 0 0 0 0
6/15/19 65 0 0 0 0 0 0 0
6/15/20 54 0 0 0 0 0 0 0
6/15/21 42 0 0 0 0 0 0 0
6/15/22 29 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
5/15/24 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 23.08 14.92 12.81 9.69 7.1 6.26 5.27 3.02
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-8
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 100 100 100 100 100
6/15/02 100 100 100 100 100 100 100 28
6/15/03 100 100 100 100 100 100 100 7
6/15/04 100 100 100 100 100 100 86 4
6/15/05 100 100 100 100 100 100 82 4
6/15/06 100 100 100 100 100 94 65 4
6/15/07 100 100 100 100 90 70 47 3
6/15/08 100 100 100 100 67 51 32 0
6/15/09 100 100 100 100 49 36 18 0
6/15/10 100 100 100 80 36 22 8 0
6/15/11 100 100 100 62 23 12 1 0
6/15/12 100 92 40 10 0 0 0 0
6/15/13 100 71 27 3 0 0 0 0
6/15/14 100 53 15 0 0 0 0 0
6/15/15 100 41 8 0 0 0 0 0
6/15/16 100 36 4 0 0 0 0 0
6/15/17 100 29 1 0 0 0 0 0
6/15/18 100 22 0 0 0 0 0 0
6/15/19 100 17 0 0 0 0 0 0
6/15/20 100 12 0 0 0 0 0 0
6/15/21 100 7 0 0 0 0 0 0
6/15/22 100 3 0 0 0 0 0 0
6/15/23 100 0 0 0 0 0 0 0
6/15/24 95 0 0 0 0 0 0 0
6/15/25 64 0 0 0 0 0 0 0
6/15/26 27 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-9
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 99 94 90 89 89 89 89 95
6/15/02 98 87 83 80 78 77 76 75
6/15/03 97 77 72 66 61 59 56 50
6/15/04 95 67 60 52 45 42 39 29
6/15/05 87 46 34 24 17 15 13 16
6/15/06 79 31 19 11 7 5 4 5
6/15/07 72 20 11 5 2 2 1 0
6/15/08 65 14 6 2 1 1 0 0
6/15/09 57 9 3 1 0 0 0 0
6/15/10 49 6 2 0 0 0 0 0
6/15/11 42 4 1 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 18
6/15/03 100 100 74 52 36 31 25 10
6/15/04 100 90 61 41 27 22 17 5
6/15/05 100 79 51 32 20 16 12 0
6/15/06 100 69 42 25 14 11 8 0
6/15/07 100 61 35 19 10 8 3 0
6/15/08 100 53 29 15 8 4 0 0
6/15/09 100 46 24 12 4 0 0 0
6/15/10 100 40 19 9 0 0 0 0
6/15/11 100 34 16 7 0 0 0 0
6/15/12 47 10 1 0 0 0 0 0
6/15/13 41 8 0 0 0 0 0 0
6/15/14 34 5 0 0 0 0 0 0
6/15/15 29 2 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 23 0 0 0 0 0 0 0
6/15/20 21 0 0 0 0 0 0 0
6/15/21 19 0 0 0 0 0 0 0
6/15/22 16 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
6/15/24 11 0 0 0 0 0 0 0
6/15/25 7 0 0 0 0 0 0 0
5/15/26 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 18.16 11.58 9 7.21 5.85 5.46 5 4.23
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 15
6/15/03 100 100 74 52 36 31 25 5
6/15/04 100 90 61 41 27 21 14 0
6/15/05 100 79 51 32 18 13 7 0
6/15/06 100 69 42 25 10 6 1 0
6/15/07 100 61 35 17 5 2 0 0
6/15/08 100 53 29 11 1 0 0 0
6/15/09 100 46 23 7 0 0 0 0
6/15/10 100 40 17 3 0 0 0 0
6/15/11 100 34 12 0 0 0 0 0
6/15/12 47 4 0 0 0 0 0 0
6/15/13 41 1 0 0 0 0 0 0
6/15/14 34 0 0 0 0 0 0 0
6/15/15 29 0 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 22 0 0 0 0 0 0 0
6/15/20 20 0 0 0 0 0 0 0
6/15/21 17 0 0 0 0 0 0 0
6/15/22 13 0 0 0 0 0 0 0
6/15/23 9 0 0 0 0 0 0 0
6/15/24 5 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
7/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 10
6/15/02 100 100 88 67 49 37 22 0
6/15/03 100 100 74 52 23 13 0 0
6/15/04 100 90 61 32 4 0 0 0
6/15/05 100 79 51 14 0 0 0 0
6/15/06 100 69 34 0 0 0 0 0
6/15/07 100 61 20 0 0 0 0 0
6/15/08 100 53 8 0 0 0 0 0
6/15/09 100 42 0 0 0 0 0 0
6/15/10 100 30 0 0 0 0 0 0
6/15/11 100 18 0 0 0 0 0 0
6/15/12 45 0 0 0 0 0 0 0
6/15/13 32 0 0 0 0 0 0 0
6/15/14 18 0 0 0 0 0 0 0
6/15/15 9 0 0 0 0 0 0 0
6/15/16 6 0 0 0 0 0 0 0
6/15/17 3 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.87 11 7.91 6.07 4.9 4.56 4.16 3.38
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-10
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 98 80 74 67 61 55 49 37
6/15/99 98 64 54 44 35 27 19 6
6/15/00 97 50 38 27 17 9 2 0
6/15/01 96 39 25 19 15 9 2 0
6/15/02 96 29 20 14 10 7 2 0
6/15/03 95 23 16 11 7 5 2 0
6/15/04 94 19 12 8 5 3 2 0
6/15/05 93 16 10 6 3 2 1 0
6/15/06 92 14 8 4 2 1 1 0
6/15/07 91 11 6 3 2 1 0 0
6/15/08 89 10 5 2 1 0 0 0
6/15/09 88 8 4 2 1 0 0 0
6/15/10 86 7 3 1 0 0 0 0
6/15/11 84 6 2 1 0 0 0 0
6/15/12 82 5 2 1 0 0 0 0
6/15/13 79 4 1 0 0 0 0 0
6/15/14 76 3 1 0 0 0 0 0
6/15/15 73 3 1 0 0 0 0 0
6/15/16 69 2 1 0 0 0 0 0
6/15/17 64 2 0 0 0 0 0 0
6/15/18 59 1 0 0 0 0 0 0
6/15/19 54 1 0 0 0 0 0 0
6/15/20 48 1 0 0 0 0 0 0
6/15/21 40 1 0 0 0 0 0 0
6/15/22 32 0 0 0 0 0 0 0
6/15/23 24 0 0 0 0 0 0 0
6/15/24 19 0 0 0 0 0 0 0
6/15/25 13 0 0 0 0 0 0 0
6/15/26 6 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 20.89 4.48 3.35 2.63 2.12 1.7 1.28 0.9
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 4
6/15/01 100 100 100 78 59 65 95 4
6/15/02 100 100 80 58 41 28 50 4
6/15/03 100 91 64 43 29 18 23 4
6/15/04 100 77 50 32 20 12 7 3
6/15/05 100 65 40 24 14 8 4 0
6/15/06 100 55 32 18 10 5 0 0
6/15/07 100 46 25 13 7 2 0 0
6/15/08 100 39 20 10 5 0 0 0
6/15/09 100 32 16 7 2 0 0 0
6/15/10 100 27 12 5 0 0 0 0
6/15/11 100 23 10 4 0 0 0 0
6/15/12 100 19 8 1 0 0 0 0
6/15/13 100 16 6 0 0 0 0 0
6/15/14 100 13 5 0 0 0 0 0
6/15/15 100 11 3 0 0 0 0 0
6/15/16 100 9 1 0 0 0 0 0
6/15/17 100 7 0 0 0 0 0 0
6/15/18 100 6 0 0 0 0 0 0
6/15/19 100 4 0 0 0 0 0 0
6/15/20 100 2 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 44 32 79
6/15/02 100 100 80 58 41 28 19 36
6/15/03 100 91 64 43 29 18 11 11
6/15/04 100 77 50 32 20 12 5 0
6/15/05 100 65 40 24 14 7 0 0
6/15/06 100 55 32 18 10 1 0 0
6/15/07 100 46 25 13 5 0 0 0
6/15/08 100 39 20 10 1 0 0 0
6/15/09 100 32 16 6 0 0 0 0
6/15/10 100 27 12 2 0 0 0 0
6/15/11 100 23 10 0 0 0 0 0
6/15/12 100 19 7 0 0 0 0 0
6/15/13 100 16 3 0 0 0 0 0
6/15/14 100 13 1 0 0 0 0 0
6/15/15 100 11 0 0 0 0 0 0
6/15/16 100 9 0 0 0 0 0 0
6/15/17 100 5 0 0 0 0 0 0
6/15/18 100 3 3 0 0 0 0 0
6/15/19 100 1 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
3/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 42 28 8
6/15/02 100 100 80 58 39 24 12 0
6/15/03 100 91 64 42 24 12 3 0
6/15/04 100 77 50 28 13 4 0 0
6/15/05 100 65 38 18 6 0 0 0
6/15/06 100 55 28 11 1 0 0 0
6/15/07 100 45 20 5 0 0 0 0
6/15/08 100 36 13 1 0 0 0 0
6/15/09 100 29 8 0 0 0 0 0
6/15/10 100 22 4 0 0 0 0 0
6/15/11 100 17 1 0 0 0 0 0
6/15/12 100 12 0 0 0 0 0 0
6/15/13 100 8 0 0 0 0 0 0
6/15/14 100 5 0 0 0 0 0 0
6/15/15 100 2 0 0 0 0 0 0
6/15/16 100 0 0 0 0 0 0 0
6/15/17 100 0 0 0 0 0 0 0
6/15/18 100 0 0 0 0 0 0 0
6/15/19 100 0 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 20 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 27.97 10.21 7.6 5.96 4.88 4.22 3.81 3.5
</TABLE>
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
1 7/15/97 9.18090
2 8/15/97 9.21156
3 9/15/97 9.27308
4 10/15/97 9.44852
5 11/15/97 9.60995
6 12/15/97 9.70739
7 1/15/98 9.71026
8 2/15/98 9.74092
9 3/15/98 9.80191
10 4/15/98 9.97741
11 5/15/98 10.1379
12 6/15/98 10.23536
13 7/15/98 10.23828
14 8/15/98 10.26899
15 9/15/98 10.33005
16 10/15/98 10.50568
17 11/15/98 10.66627
18 12/15/98 10.76382
19 1/15/99 10.76681
20 2/15/99 10.79762
21 3/15/99 10.85879
22 4/15/99 11.03462
23 5/15/99 12.40522
24 6/15/99 12.50273
25 7/15/99 12.50565
26 8/15/99 12.53640
27 9/15/99 12.59751
28 10/15/99 12.77331
29 11/15/99 13.37436
30 12/15/99 13.47190
31 1/15/00 13.47485
32 2/15/00 13.50563
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
33 3/15/00 13.56679
34 4/15/00 13.74267
35 5/15/00 14.56199
36 6/15/00 14.65948
37 7/15/00 14.66236
38 8/15/00 14.66984
39 9/15/00 14.68066
40 10/15/00 14.70752
41 11/15/00 15.25165
42 12/15/00 15.28301
43 1/15/01 15.28302
44 2/15/01 15.28303
45 3/15/01 15.28304
46 4/15/01 15.28305
47 5/15/01 15.38542
48 6/15/01 15.38542
49 7/15/01 15.38543
50 8/15/01 15.38543
51 9/15/01 15.38543
52 10/15/01 15.38544
53 11/15/01 15.43630
54 12/15/01 15.43631
55 1/15/02 15.43631
56 2/15/02 15.43631
57 3/15/02 15.43632
58 4/15/02 15.43632
59 5/15/02 15.43633
60 6/15/02 15.43633
61 7/15/02 15.43633
62 8/15/02 15.43634
63 9/15/02 15.43634
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
64 10/15/02 15.43634
65 11/15/02 15.43635
66 12/15/02 15.43635
67 1/15/03 15.43636
68 2/15/03 15.43636
69 3/15/03 15.43637
70 4/15/03 15.43637
71 5/15/03 15.43637
72 6/15/03 15.43638
73 7/15/03 15.43638
74 8/15/03 15.43639
75 9/15/03 15.43639
76 10/15/03 15.43640
77 11/15/03 15.43640
78 12/15/03 15.43640
79 1/15/04 15.43641
80 2/15/04 15.43641
81 3/15/04 15.43642
82 4/15/04 15.43642
83 5/15/04 15.43643
84 6/15/04 15.43643
85 7/15/04 15.43644
86 8/15/04 15.43644
87 9/15/04 15.43645
88 10/15/04 15.43645
89 11/15/04 15.43646
90 12/15/04 15.43646
91 1/15/05 15.43647
92 2/15/05 15.43647
93 3/15/05 15.43648
94 4/15/05 15.43648
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
95 5/15/05 15.43649
96 6/15/05 15.43650
97 7/15/05 15.43650
98 8/15/05 15.43651
99 9/15/05 15.43651
100 10/15/05 15.43652
101 11/15/05 15.43652
102 12/15/05 15.43653
103 1/15/06 15.43654
104 2/15/06 15.43654
105 3/15/06 15.43655
106 4/15/06 15.43655
107 5/15/06 15.43656
108 6/15/06 15.43657
109 7/15/06 15.43657
110 8/15/06 15.43658
111 9/15/06 15.43659
112 10/15/06 15.43659
113 11/15/06 15.43660
114 12/15/06 15.43661
115 1/15/07 15.43661
116 2/15/07 15.43662
117 3/15/07 15.43663
118 4/15/07 15.43663
119 5/15/07 15.43664
120 6/15/07 15.43665
121 7/15/07 15.43665
122 8/15/07 15.43666
123 9/15/07 15.43667
124 10/15/07 15.43668
125 11/15/07 15.43668
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
126 12/15/07 15.43669
127 1/15/08 15.43670
128 2/15/08 15.43671
129 3/15/08 15.43671
130 4/15/08 15.43672
131 5/15/08 15.43673
132 6/15/08 15.43674
133 7/15/08 15.43675
134 8/15/08 15.43675
135 9/15/08 15.43676
136 10/15/08 15.43677
137 11/15/08 15.43678
138 12/15/08 15.43679
139 1/15/09 15.43680
140 2/15/09 15.43681
141 3/15/09 15.43681
142 4/15/09 15.43682
143 5/15/09 15.43683
144 6/15/09 15.43684
145 7/15/09 15.43685
146 8/15/09 15.43686
147 9/15/09 15.43687
148 10/15/09 15.43688
149 11/15/09 15.43689
150 12/15/09 15.43690
151 1/15/10 15.43691
152 2/15/10 15.43692
153 3/15/10 15.43693
154 4/15/10 15.43694
155 5/15/10 15.43695
156 6/15/10 15.43696
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
157 7/15/10 15.43697
158 8/15/10 15.43698
159 9/15/10 15.43699
160 10/15/10 15.43700
161 11/15/10 15.43701
162 12/15/10 15.43702
163 1/15/11 15.43703
164 2/15/11 15.43705
165 3/15/11 15.43706
166 4/15/11 15.43707
167 5/15/11 15.43708
168 6/15/11 15.43709
169 7/15/11 15.43710
170 8/15/11 15.43712
171 9/15/11 15.43713
172 10/15/11 15.43714
173 11/15/11 15.43715
174 12/15/11 15.43717
175 1/15/12 15.43718
176 2/15/12 15.43719
NOTE: Percentage may not add to 100.00% due to rounding.
This Preliminary Term Sheet is provided for information purposes only, and does
not constitute an offer to sell, nor a solicitation of an offer to buy, the
referenced securities. It does not purport to be all-inclusive or to contain all
of the information that a prospective investor may require to make a full
analysis of the transaction. All amounts are approximate and subject to change.
The information contained herein supersedes information contained in any prior
information term sheet for this transaction. In addition, the information
contained herein may be superseded by information contained in term sheets
circulated after the date hereof and is qualified in its entirety by information
contained in the Prospectus Supplement for this transaction. An offering may
only be made through the delivery of a Prospectus Supplement and the related
Prospectus.
GREENWICH CAPITAL MARKETS, INC.
EXHIBIT 99.5
- --------------------------------------------------------------------------------
--------------------
$1,265,000,000
ContiMortgage
Home Equity Loan Trust 1997-3
Home Equity ABS
--------------------
Computational Materials
- --------------------------------------------------------------------------------
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES,
PRICING ESTIMATES, AND OTHER INFORMATION
The information contained in the attached materials (the "Information") may
include various forms of performance analysis, security characteristics and
securities pricing estimates for the securities addressed. Please read and
understand this entire statement before utilizing the Information. The
Information is provided solely by Bear Stearns, not as agent for any issuer, and
although it may be based on data supplied to it by an issuer, the issuer has not
participated in its preparation and makes no representations regarding its
accuracy or completeness. Should you receive Information that refers to the
"Statement Regarding Assumptions and Other Information," please refer to this
statement instead.
The Information is illustrative and is not intended to predict actual results
which may differ substantially from those reflected in the Information.
Performance analysis is based on certain assumptions with respect to significant
factors that may prove not to be as assumed. You should understand the
assumptions and evaluate whether they are appropriate for your purposes.
Performance results are based on mathematical models that use inputs to
calculate results. As with all models, results may vary significantly depending
upon the value of the inputs given. Inputs to these models include but are not
limited to: prepayment expectations (economic prepayment models, single expected
lifetime prepayments or a vector of periodic prepayments), interest rate
assumptions (parallel and nonparallel changes for different maturity
instruments), collateral assumptions (actual pool level data, aggregated pool
level data, reported factors or imputed factors), volatility assumptions
(historically observed or implied current) and reported information (paydown
factors, rate resets, and trustee statements). Models used in any analysis may
be proprietary making the results difficult for any third party to reproduce.
Contact your registered representative for detailed explanations of any modeling
techniques employed in the Information.
The Information addresses only certain aspects of the applicable security's
characteristics and thus does not provide a complete assessment. As such, the
Information may not reflect the impact of all structural characteristics of the
security, including call events and cash flow priorities at all prepayment
speeds and/or interest rates. You should consider whether the behavior of these
securities should be tested as assumptions different from those included in the
Information. The assumptions underlying the Information, including structure and
collateral, may be modified from time to time to reflect changed circumstances.
Any investment decision should be based only on the data in the prospectus and
the prospectus supplement or private placement memorandum (Offering Documents)
and the then current version of the Information. Offering Documents contain data
that is current as of their publication dates and after publication may no
longer be complete or current.. Contact your registered representative for
Offering Documents, current Information or additional materials, including other
models for performance analysis, which are likely to produce different results,
and any further explanation regarding the Information.
<PAGE>
Any pricing estimates Bear Stearns has supplied at your request (a) represent
our view, at the time determined, of the investment value of the securities
between the estimated bid and offer levels, the spread between which may be
significant due to market volatility or illiquidity, (b) do not constitute a bid
by any person for any security, (c) may not constitute prices at which the
securities could have been purchased or sold in any market, (d) have not been
confirmed by actual trades, may vary from the value Bear Stearns assigns any
such security while in its inventory, and may not take into account the size of
a position you have in the security, and (e) may have been derived from matrix
pricing that uses data relating to other securities whose prices are more
readily ascertainable to produce a hypothetical price based on the estimated
yield spread relationship between the securities.
General Information: The data underlying the Information has been obtained from
sources that we believe are reliable, but we do not guarantee the accuracy of
the underlying data or computations based thereon. Bear, Stearns and/or
individuals thereof may have positions in these securities while the Information
is circulating or during such period may engage in transactions with the issuer
or its affiliates. We act as principal in transactions with you, and
accordingly, you must determine the appropriateness for you of such transactions
and address any legal, tax, or accounting considerations applicable to you. Bear
Stearns shall not be a fiduciary or advisor unless we have agreed in writing to
receive compensation specifically to act in such capacities. If you are subject
to ERISA, the Information is being furnished on the condition that it will not
form a primary basis for any investment decision. The Information is not a
solicitation of any transaction in securities which may be made only by
prospectus when required by law, in which event you may obtain such prospectus
from Bear Stearns.
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Transaction Highlights(1)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Final
Scheduled
Class Class Size Expected Ratings Average Payment Payment Spread to
(2) ($ millions) Tranche Type (Moody's/Fitch/S&P) Life (3,4) Date Window (3,4) Day Count Benchmark
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 130 Fixed Sequential Aaa/AAA/AAA 0.50 years/MAT 4/15/07 7/97-4/98 / 10 mo. 30/360
A-2 135 Fixed Sequential Aaa/AAA/AAA 1.15 years/MAT 5/15/12 4/98-11/98 / 8 mo. 30/360
A-3 215 Fixed Sequential Aaa/AAA/AAA 2.04 years/MAT 5/15/12 11/98-2/00 / 16 mo. 30/360
A-4 73 Fixed Sequential Aaa/AAA/AAA 3.04 years/MAT 5/15/12 2/00-12/00 / 11 mo. 30/360
A-5 71 Fixed Sequential Aaa/AAA/AAA 4.05 years/MAT 8/15/13 12/00-2/02 / 15 mo. 30/360
A-6 36 Fixed Sequential Aaa/AAA/AAA 5.04 years/MAT 3/15/15 2/02-12/02 / 11 mo. 30/360
A-7 65 Fixed Sequential Aaa/AAA/AAA 7.10 years/MAT 5/15/24 12/02-2/07 / 51 mo. 30/360
A-8 38.6 Fixed Sequential Aaa/AAA/AAA 12.27 years/MAT 8/15/28 2/07-5/12 / 64 mo. 30/360
A-9 68 Fixed Lockout Aaa/AAA/AAA 6.51 years/MAT 8/15/28 8/00-5/12 / 142 mo. 30/360
M-1F 54.337 Fixed Mezzanine Aa2/AA/AA 5.85 years/MAT 8/15/28 7/00-8/10 / 122 mo. 30/360
M-2F 49.613 Fixed Mezzanine A3/A/A- 5.62 years/MAT 8/15/28 7/00-10/08 / 100 mo. 30/360
B-1F 9.45 Fixed Subordinate Baa3/BBB/BBB- 4.90 years/MAT 8/15/28 7/00-9/04 / 51 mo. 30/360
A-10 259.2 Floater Aaa/AAA/AAA 2.03 years*/CALL 8/15/28 7/97-1/05 / 91* mo. Actual/360
M-1A 25.6 Floater Mezzanine Aa2/AA/AA 5.01 years*/CALL 8/15/28 9/00-1/05 / 53* mo. Actual/360
M-2A 20 Floater Mezzanine A2/A/A- 4.96 years*/CALL 8/15/28 8/00-1/05 / 54* mo. Actual/360
B-1A 15.2 Floater Subordinate Baa3/BBB/BBB- 4.81 years*/CALL 8/15/28 7/00-1/05 / 55* mo. Actual/360
A-11IO -- Interest Only Aaa/AAA/AAA Morgan Stanley Sole Managed
- ------------------------------------------------------------------------------------------------------------------------------------
Total $1.265 -- -- -- -- -- -- --
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) The information presented is based on a representative cut-off pool as of
the 5/9/97 statistical calculation date.
(2) Class A-1 through A-9, M-1F, M-2F, and B-1F are backed by the fixed rate
loan pool; Classes A-10, M-1A, M-2A, and B-1A are backed by the ARM loan
pool.
(3) See "Pricing Prepayment Speed" below.
(4) Fixed Rate tranches are priced to maturity; Adjustable Rate tranches are
priced to call. The spread to LIBOR of the AAA ARM certificates doubles
after the clean-up call date and the spread to LIBOR of the subordinate
ARM certificates increases 1.5 times after the clean-up call date.
* To call
<PAGE>
<TABLE>
<S> <C>
Seller and Servicer: ContiMortgage Corporation
Trustee: Manufacturers and Traders Trust Company
Managers: MORGAN STANLEY DEAN WITTER (lead manager), ContiFinancial Services Corporation, Bear
Stearns, Credit Suisse First Boston, Greenwich Capital Markets, Lehman Brothers, Merrill Lynch
(co-managers)
Fixed Rate Certificate All classes are priced at 125% of the prepayment assumption ("PPM"). 100% PPM describes
Pricing Prepayment Speed: prepayments starting at 4.0% CPR in month 1, increasing by 1.455% CPR per month to 20% CPR in
month 12, and remaining at 20% CPR thereafter.
Adjustable Rate Certificate
Pricing Prepayment Speed: Constant 30% CPR.
Expected Pricing Date: June 4-5, 1997.
Expected Settlement: June 12, 1997 through DTC, Euroclear or CEDEL.
Distribution Dates: The 15th of each month, beginning July 15, 1997.
Optional Call: 10% Clean-up call (10% of original aggregate loan balances).
Net Available Funds Cap: The adjustable rate certificates will be subject to an available funds cap equal to the weighted
average coupon rate of the adjustable rate home equity loans less [1.01%] per annum (comprised of a
0.50% servicing fee, 0.01% trustee fee and a 0.50% carve out).
Tax Status: REMIC
ERISA Eligibility: The Class A certificates are ERISA eligible.
SMMEA Eligibility: Classes A-10 and M-1A are SMMEA eligible.
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
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<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Credit Enhancement for Fixed Rate Certificates
o Class A1-A9 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1F, M-2F, and B-1F certificates, totaling 12.0%
of the original loan amount.
o Class M-1F, M-2F, and B-1F Credit Enhancement:
1. Excess cash
2. Class M-1F is further enhanced by 6.25% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2F is further enhanced by 1.00% in subordinate certificates and
O/C building up to 1.0%; 4. Class B-1F is enhanced by O/C building up to
1.0%.
Credit Enhancement for Floating Rate Certificates
o Class A-10 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1A, M-2A, and B-1A certificates, totaling 19.0%
of the original loan amount.
o Class M-1A, M-2A, and B-1A Credit Enhancement:
1. Excess cash
2. Class M-1A is further enhanced by 11.00% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2A is further enhanced by 4.75% in subordinate certificates and
O/C building up to 1.0%;
4. Class B-1A is enhanced by O/C initially building up to 1.0%.
Overcollateralization
1. Before the stepdown date, overcollateralization initially builds to 1.0%
of the original loan amount for both loan groups (subject to performance
triggers);
2. On and after the step-down date to 2.0% of the outstanding loan balance
for the fixed rate group and 2.5% of the outstanding loan balance for
the adjustable rate group (subject to performance triggers);
3. Step down overcollateralization amount subject to floors of 0.50% of the
original loan amount for both loan groups (subject to performance
triggers).
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Interest Cashflow Priority
o Interest Collections (net of Servicing) will be allocated in the following
priority:
Fixed Rate Cashflows
1. Trustee fee
2. Senior bonds (Class A-1 through A-9 + A-11IO) current interest plus
unpaid interest shortfalls
3. M-1F current interest
4. M-2F current interest
5. B-1F current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Floating Rate Cashflows
1. Trustee Fee
2. Senior bond (Class A-10) current interest plus unpaid interest
shortfalls
3. M-1A current interest
4. M-2A current interest
5. B-1A current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
<PAGE>
Principal Cashflow Priority
o Collections of Principal before the stepdown date (July 2000), or during a
trigger event, will be allocated in the following priority:
Fixed Rate Cashflows
1. Pay A-9 according to the following Lockout Percentage:
July 1997 - June 2000 0%
July 2000 - June 2002 45%
July 2002 - June 2003 80%
July 2003 - June 2004 100%
July 2004 - 300%
2. Pay Classes A-1 through A-8 sequentially
3. Pay M-1F, M-2F, then B-1F (if Class A certificates are retired in
full)
Floating Rate Cashflows
1. Pay Class A-10
2. Pay M-1A, M-2A, then Class B-1A (if Class A certificates are retired
in full)
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
o Collections of Principal on and after the stepdown date (July 2000), and if
no trigger event is in effect will be allocated in the following priority:
(cont.)
Fixed Rate Cashflows
Pay Class A bonds, Class M-1F, Class M-2F, and Class B-1F pro-rata in
accordance with enhancement targets, equal to 2.0 times the initial
enhancement for each class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 74% 26.0%
Class M-1F 11.5 14.5
Class M-2F 10.5 4.0
Class B-1F 2.0 2.0
Overcollateralization 2.0
---
100%
Collections of Principal on and after the stepdown date (and if no trigger
event is in effect) will be allocated in the following priority (cont.):
Floating Rate Cashflows
Pay Class A-10, M-1A, M-2A, and B-1A pro-rata in accordance with
enhancement targets equal to 2.5 times the initial enhancement for each
class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 50% 50.0%
Class M-1A 20 30.0
Class M-2A 15.625 14.375
Class B-1A 11.875 2.5
Overcollateralization 2.500
-----
100.000%
o Stepdown Date
- Stepdown Date is the earlier to occur of (i) the later of (x) three
years (July 2000) or (y) when cred enhancement reaches its target level
and (ii) when the Class A Certificates are retired in full.
o Trigger Events
- [To be finalized with the rating agencies]
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral Description
o Collateral statistics are based on a representative pool as of the May 9,
1997 statistical calculation date. The actual statistics may vary.
<TABLE>
<CAPTION>
ARM Portfolio Fixed Rate Portfolio
------------- --------------------
<S> <C> <C>
Total Outstanding Balance: $242,803,817.10 $669,071,981.76
Number of Loans: 3,020 11,095
Average Remaining $80,398.61 (range: $9,996 - $431,053) $60,303.92 (range: $5,900 - $406,250)
Balance:
Interest Rate Index: o 52.65% 6-month LIBOR o 100.00% fixed rate loans
o 40.67% 2/28 adjustment
o 6.68% 3/27 adjustment
Amortization Method: 100.00% fully amortizing 47.97% fully amortizing / 52.03% balloons
WA Gross Coupon: 10.19% (range: 5.99% - 15.10%) 11.54% (range: 7.63% - 18.99%)
WA Gross Margin /
WA Life Cap: 6.51% Margin / 16.45% Cap N/A
WA Periodic Interest Rate 1.04% N/A
Caps:
WA Months to Roll: 13.06 months N/A
Original Weighted Average 359.09 months (range: 120 - 360 months) 221.45 months (range: 60 - 360 months)
Term:
Remaining Weighted
Average Term: 357.75 months (range: 117 - 360 months) 220.08 months (range: 54 - 360 months)
Seasoning: 1.34 months (range: 0 - 10) 1.37 months (range: 0 - 23 months)
Lien Position: 100% first 92.98% first / 7.02% second
Original CLTV Ratio: 75.11% (range: 6.38% - 100.00%) 75.77% (range: 9.09% - 100.00%)
WA Debt to Income Ratio: 39.21% (range: 2.00% - 60.00%) 38.61% (range: 1.00% - 72.00%)
Credit Grade: 49.80% A, 26.38% B, 20.92% C, 2.85% D, 0.05% M 52.92% A, 26.39% B, 15.96% C, 4.19% D, 0.53% M
Documentation: 82.58% full doc, 9.93% no income verification, 86.22% full doc, 9.06% no income verification,
7.48% no doc 4.68% no doc, 0.04% other
Property Type: 89.30% single family, 4.09% 2-4 family, 2.78% 88.71% single family, 7.37% 2-4 family, 0.94%
PUD, 3.83% other PUD, 2.98% other
Owner Occupancy: 96.29% owner occupied, 3.71% investor owned 95.76% owner occupied, 4.24% investor owned
Loan Purpose: 70.06% debt consolidation and home improvement, 83.97% debt consolidation and home
28.22% purchase, 1.72% other improvement, 13.87% purchase, 2.16% other
Geographic Distribution: MI (24.32%), CA (10.91%), OH (6.38%), CO MI (10.13%), OH (8.59%), NY (8.32%), IL
(5.00%), with all remaining states under 5.0% (6.72%), FL (6.38%), IN (5.99%), PA (5.99%),
with all remaining states under 5.0%
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 1,678 31,967,075.16 4.78 19,050.70 12.93 61.05 90.51
25,000.01 - 50,000.00 3,911 146,609,403.52 21.91 37,486.42 12.1 71.12 90.02
50,000.00 - 50,000.00 2,788 171,847,449.61 25.68 61,638.25 11.49 76.51 88.81
75,000.00 - 100,000.00 1,268 109,573,097.51 16.38 86,414.11 11.29 77.81 86.18
100,000.00 - 125,000.00 681 76,009,905.82 11.36 111,615.13 11.16 79.65 85.48
125,000.00 - 150,000.00 344 46,910,975.03 7.01 136,369.11 11.08 79.85 82.58
150,000.00 - 175,000.00 163 26,284,092.43 3.93 161,252.10 11.07 79.6 80.12
175,000.00 - 200,000.00 108 20,129,262.95 3.01 186,382.06 11.11 80.37 77.06
200,000.00 - 225,000.00 51 10,832,250.66 1.62 212,397.07 11.18 80.93 80.5
225,000.00 - 250,000.00 38 9,088,775.12 1.36 239,178.29 11.2 78.29 73.37
250,000.00 - 275,000.00 21 5,487,753.67 0.82 261,321.60 10.85 81.94 71.39
275,000.00 - 300,000.00 13 3,760,558.45 0.56 289,273.73 11.02 79.56 54.29
300,000.00 - 325,000.00 13 4,118,829.13 0.62 316,833.01 10.62 77.33 46.41
325,000.00 - 350,000.00 9 3,047,372.72 0.46 338,596.97 10.61 71.88 78.31
350,000.00 - 400,000.00 8 2,998,929.98 0.45 374,866.25 11.02 76.48 87.09
400,000.00 - 450,000.00 1 406,250.00 0.06 406,250.00 10.99 65 100
- ----------------------- - ---------- ---- ---------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 5,900.00
Max: 406,250.00
Average: 60,303.92
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Range of Coupons Count Balance Total Balance Coupon CLTV Doc
- ---------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7.01 - 8.00 5 416,919.09 0.06 83,383.82 7.87 60.1 100
8.01 - 9.00 216 17,798,712.60 2.66 82,401.45 8.79 73.94 95.75
9.01 - 10.00 1,331 101,284,126.13 15.14 76,096.26 9.74 74.97 88.83
10.01 - 11.00 2,540 177,639,225.21 26.55 69,936.70 10.67 78.09 86.04
11.01 - 12.00 2,598 163,449,855.94 24.43 62,913.72 11.6 77.38 85.62
12.01 - 13.00 2,101 110,682,242.10 16.54 52,680.74 12.58 75.62 84.74
13.01 - 14.00 1,221 58,424,779.43 8.73 47,849.94 13.58 72.99 84.5
14.01 - 15.00 635 24,317,579.43 3.63 38,295.40 14.57 68.1 84.03
15.01 - 16.00 249 9,474,574.34 1.42 38,050.50 15.46 65.77 82.88
16.01 - 17.00 132 3,621,103.62 0.54 27,432.60 16.61 58.8 97.42
17.01 - 18.00 55 1,563,775.04 0.23 28,432.27 17.45 57.66 86.4
18.01 - 19.00 12 399,088.83 0.06 33,257.40 18.54 61.53 89.48
- ----- ----- -- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 7.63
Max: 18.99
WAC: 11.54
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 60
Max: 360
Weighted Average: 221.45
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 54
Max: 360
Weighted Average: 220.08
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 6,653 404,765,174.52 60.5 60,839.50 11.48 75.54 85.81
2 - 12 4,437 264,173,171.86 39.48 59,538.69 11.63 76.12 86.86
13 greater
than = 5 133,635.38 0.02 26,727.08 12.46 72.33 82.4
------ ---------- ---- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0
Max: 23
Weighted Average: 1.37
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 47 842,659.38 0.13 17,928.92 12.57 60.28 78.05
10.01 - 15.00 256 5,912,208.50 0.88 23,094.56 12.11 71.51 84.91
15.01 - 20.00 358 9,087,933.27 1.36 25,385.29 12.13 70.31 84.94
20.01 - 25.00 300 8,997,068.81 1.34 29,990.23 11.96 64.94 77.03
25.01 - 30.00 290 9,768,655.70 1.46 33,685.02 11.89 62.3 83.71
30.01 - 35.00 224 7,673,279.80 1.15 34,255.71 11.78 57.88 79.87
35.01 - 40.00 253 9,858,327.06 1.47 38,965.72 12.01 55.31 77.82
40.01 - 45.00 215 8,946,027.42 1.34 41,609.43 11.73 51.81 78.85
45.01 - 50.00 437 16,990,336.67 2.54 38,879.49 12.54 51.1 67.18
50.01 - 55.00 297 14,014,587.98 2.09 47,187.16 11.82 54.44 72.78
55.01 - 60.00 515 22,855,426.84 3.42 44,379.47 11.9 59.41 70
60.01 - 65.00 674 37,847,230.64 5.66 56,153.16 12.09 63.87 65.76
65.01 - 70.00 973 56,486,817.09 8.44 58,054.28 11.82 69.12 71.19
70.01 - 75.00 1,300 82,887,084.45 12.39 63,759.30 11.56 74.23 77.72
75.01 - 80.00 2,499 168,244,615.24 25.15 67,324.78 11.33 79.51 92.43
80.01 greater than = 2,457 208,659,722.91 31.19 84,924.59 11.25 86.72 98.2
- ----- ----- -------------- ----- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 6.90
Max: 100.00
Weighted Average: 72.55
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 3 32,938.44 0 10,979.48 13.55 9.43 100
10.01 - 15.00 14 278,733.41 0.04 19,909.53 12.59 13.73 61.71
15.01 - 20.00 34 721,890.59 0.11 21,232.08 12.06 18.37 77.71
20.01 - 25.00 64 1,774,176.87 0.27 27,721.51 11.9 23.02 60.57
25.01 - 30.00 99 2,673,330.71 0.4 27,003.34 12 27.8 74.35
30.01 - 35.00 125 3,450,532.05 0.52 27,604.26 11.94 32.81 73.73
35.01 - 40.00 172 5,672,027.76 0.85 32,976.91 12.14 37.6 71.43
40.01 - 45.00 182 6,808,145.67 1.02 37,407.39 11.8 42.73 72.68
45.01 - 50.00 430 16,189,842.76 2.42 37,650.80 12.59 48.56 65.56
50.01 - 55.00 307 13,995,139.92 2.09 45,586.77 11.86 53.13 70.39
55.01 - 60.00 547 23,323,025.06 3.49 42,638.07 11.92 58.42 69.65
60.01 - 65.00 739 40,153,339.72 6 54,334.70 12.1 63.49 64.9
65.01 - 70.00 1,069 59,410,064.23 8.88 55,575.36 11.82 68.95 70.48
70.01 - 75.00 1,494 89,774,522.21 13.42 60,090.04 11.6 74.13 77.79
75.01 - 80.00 2,888 180,580,717.85 26.99 62,527.95 11.35 79.45 92.45
80.01 greater than = 2,928 224,233,554.51 33.51 76,582.50 11.31 86.53 98.16
- ----- ----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 9.09
Max: 100.00
Weighted Average: 75.77
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.00 - 4.99 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
5.00 - 9.99 4 74,438.39 0.01 18,609.60 12.42 82.34 100
10.00 - 14.99 72 1,305,459.14 0.2 18,131.38 12.3 79.84 92.14
15.00 - 19.99 224 5,340,397.70 0.8 23,841.06 12.2 78.45 90.1
20.00 - 24.99 228 5,648,625.44 0.84 24,774.67 12.2 77.54 90.47
25.00 - 29.99 200 6,090,055.29 0.91 30,450.28 11.9 75.88 81.99
30.00 - 34.99 155 5,134,482.54 0.77 33,125.69 11.89 76.82 87.88
35.00 - 39.99 120 4,715,779.79 0.7 39,298.16 11.92 75.15 82.26
40.00 - 44.99 94 3,526,871.36 0.53 37,519.91 11.71 72.65 79.19
45.00 - 49.99 74 3,459,752.57 0.52 46,753.41 11.6 73.63 83.32
50.00 - 54.99 58 2,830,106.58 0.42 48,794.94 11.64 72.71 82.58
55.00 - 59.99 31 1,578,348.80 0.24 50,914.48 11.42 69.81 83.17
60.00 - 64.99 32 1,430,279.83 0.21 44,696.24 11.89 69.8 80.44
65.00 - 69.99 25 1,050,550.11 0.16 42,022.00 11.49 72.04 100
70.00 - 74.99 29 1,347,643.24 0.2 46,470.46 11.49 71.76 85.48
75.00 - 79.99 13 765,680.83 0.11 58,898.53 11.78 66.89 78.13
80.00 - 84.99 9 592,360.94 0.09 65,817.88 11.96 75.65 100
85.00 - 89.99 13 961,557.54 0.14 73,965.96 11.2 71.87 79.71
90.00 - 94.99 11 960,853.75 0.14 87,350.34 11.48 62.14 60.57
95.00 - 99.99 4 188,131.38 0.03 47,032.85 11.9 73.03 100
- ----- ----- - ---------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0.00
Max: 97.32
Weighted Average: 39.52
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- --------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 13 866,330.15 0.13 66,640.78 11.22 68.38 21.58
5.01 - 10.00 68 2,472,171.86 0.37 36,355.47 12.13 64.23 48.87
10.01 - 15.00 265 11,202,755.56 1.67 42,274.55 11.86 69.03 71.51
15.01 - 20.00 552 23,191,475.91 3.47 42,013.54 11.8 71.14 84.5
20.01 - 25.00 855 41,954,407.95 6.27 49,069.48 11.58 73.7 87.43
25.01 - 30.00 1,215 61,480,588.72 9.19 50,601.31 11.64 74.1 88.54
30.01 - 35.00 1,499 83,998,089.72 12.55 56,036.08 11.56 74.47 87.66
35.01 - 40.00 1,687 105,578,894.05 15.78 62,583.81 11.58 75.98 84.89
40.01 - 45.00 2,090 138,409,421.02 20.69 66,224.60 11.45 76.73 84.12
45.01 - 50.00 2,537 175,054,321.58 26.16 69,000.52 11.49 77.65 89.13
50.01 - 55.00 294 22,826,271.87 3.41 77,640.38 11.39 76.85 83.41
55.01 - 60.00 18 1,925,851.16 0.29 106,991.73 11.11 78.83 100
65.01 - 70.00 1 86,908.21 0.01 86,908.21 8.45 80 100
70.01 - 75.00 1 24,494.00 0 24,494.00 15.75 50 100
- --------- - --------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 1.00
Max: 72.00
Weighted Average: 38.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 10,927 659,004,823.54 98.5 60,309.77 11.52 75.74 86.18
30 - 59 155 9,181,682.90 1.37 59,236.66 12.48 77.38 88.81
60 - 89 13 885,475.32 0.13 68,113.49 12.27 81.21 95.83
-- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ----------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon - 15/30 5,141 347,594,280.51 51.95 67,612.19 11.87 77.34 87.3
Fixed - 30 Year 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
Fixed - 20 Year 1,667 91,666,227.51 13.7 54,988.74 11.25 74.4 86.4
Fixed - 15 Year 2,069 84,706,461.32 12.66 40,940.77 11.34 71.8 86.98
Fixed - 10 Year 465 12,915,962.53 1.93 27,776.26 11.48 65.86 88.34
Fixed - 25 Year 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
Fixed - 5 Year 60 1,273,952.13 0.19 21,232.54 11.88 60.82 86.03
Balloon - 20/30 2 232,778.50 0.03 116,389.25 12.03 87.15 100
Balloon - 10/30 2 127,900.00 0.02 63,950.00 15.2 55.09 100
Balloon - 15/20 2 67,524.22 0.01 33,762.11 13.27 58.44 100
Balloon - 7/30 1 63,958.79 0.01 63,958.79 11.2 74.37 100
Balloon - 5/30 1 49,992.25 0.01 49,992.25 14.7 72.46 100
- --------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ------ -------------- ----- --------- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1st Lien 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
2nd Lien 1,396 47,001,375.22 7.02 33,668.61 11.87 74.81 85.08
----- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon 5,149 348,136,434.27 52.03 67,612.44 11.87 77.34 87.32
Non-Balloon 5,946 320,935,547.49 47.97 53,975.03 11.17 74.06 85.04
----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Single Family Detached 9,626 574,205,997.58 85.82 59,651.57 11.54 76.1 86.68
2-4 Family 666 49,326,220.10 7.37 74,063.39 11.32 74.4 86.8
Single Family Attached 392 19,334,948.93 2.89 49,323.85 11.91 75.51 89.5
Manufactured Housing 237 11,714,999.76 1.75 49,430.38 11.62 75.19 91.96
PUD 65 6,303,530.95 0.94 96,977.40 11.51 79.29 82.64
Mixed Use 33 4,468,132.43 0.67 135,397.95 12.11 56.43 9.83
Condo 76 3,718,152.01 0.56 48,923.05 11.62 62.95 70.84
- ----- -- ------------ ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 8,954 533,432,335.35 79.73 59,574.75 11.53 75.61 86.58
Purchase 1,371 92,781,543.01 13.87 67,674.36 11.7 78.58 86.54
Debt Consol. & Home 280 15,045,889.10 2.25 53,735.32 11.91 71.26 78.13
Improve.
Other 204 14,433,278.54 2.16 70,751.37 10.49 74.74 85.33
Home Improvement 286 13,378,935.76 2 46,779.50 11.49 68.76 79.76
--- ------------- - --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Owner Occupied 10,473 640,718,092.73 95.76 61,178.09 11.53 76.22 86.5
Investor Owned 622 28,353,889.03 4.24 45,585.03 11.65 65.58 79.98
--- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 1,465 67,792,715.10 10.13 46,274.89 12.68 73.51 90.76
Ohio 1,031 57,485,788.31 8.59 55,757.31 11.16 77.48 91.91
New York 707 55,691,515.74 8.32 78,771.59 11.18 73.53 78.93
Illinois 738 44,955,215.01 6.72 60,914.93 11.52 76.33 91.81
Florida 744 42,713,914.89 6.38 57,411.18 11.57 75.51 75.95
Indiana 809 40,083,075.59 5.99 49,546.45 11.37 77.57 92.09
Pennsylvania 649 40,074,359.26 5.99 61,747.86 11.46 76 84.52
North Carolina 571 31,707,850.85 4.74 55,530.39 11.57 77.26 90.82
New Jersey 377 30,995,902.32 4.63 82,217.25 11.48 74.3 79.54
Maryland 365 25,538,205.93 3.82 69,967.69 11.18 76.02 87.34
Georgia 359 22,646,232.39 3.38 63,081.43 11.92 78.35 89.68
Massachusetts 240 19,346,021.02 2.89 80,608.42 10.97 72.57 81.39
California 183 18,076,753.69 2.7 98,780.07 10.43 72.03 77.2
South Carolina 333 16,628,527.98 2.49 49,935.52 11.6 77.01 89.04
Missouri 295 14,757,576.89 2.21 50,025.68 12.35 78.11 90.89
Kentucky 221 11,585,887.21 1.73 52,424.83 11.12 78.44 93.9
Utah 141 11,557,647.40 1.73 81,969.13 11.44 77.15 84.18
Tennessee 179 11,002,684.03 1.64 61,467.51 11.11 79.87 90.63
Colorado 138 9,863,358.95 1.47 71,473.62 11.56 79.59 89.19
Virginia 146 9,070,798.66 1.36 62,128.76 11.81 75.39 89.54
New Mexico 124 7,955,659.18 1.19 64,158.54 12.24 77.32 82.98
Minnesota 110 7,162,190.40 1.07 65,110.82 11.87 77.16 91.49
Rhode Island 86 6,427,681.82 0.96 74,740.49 11.05 78.48 83.15
Texas 99 6,281,752.50 0.94 63,452.05 11.98 77.96 88.03
Arizona 87 6,178,256.21 0.92 71,014.44 10.83 75.46 85.45
Wisconsin 122 6,124,235.11 0.92 50,198.65 11.97 75.67 92.98
Washington 76 6,062,512.59 0.91 79,769.90 10.67 72.02 67.21
Connecticut 73 5,829,525.14 0.87 79,856.51 11.09 70.78 74.2
Oregon 63 5,427,112.25 0.81 86,144.64 10.88 74.74 62.37
Kansas 69 3,451,575.19 0.52 50,022.83 12.09 79.36 87.59
Iowa 85 3,436,937.90 0.51 40,434.56 12.13 73.97 93.68
Louisiana 63 2,756,380.96 0.41 43,752.08 12.05 72.42 87.01
Delaware 35 2,650,041.23 0.4 75,715.46 11.2 74.73 73.52
District of Columbia 39 2,530,205.64 0.38 64,877.07 11.85 66.04 86.44
Nevada 22 2,081,340.96 0.31 94,606.41 11.31 78.44 90.27
Oklahoma 45 2,032,305.66 0.3 45,162.35 11.9 78.93 96.14
New Hampshire 25 1,709,586.22 0.26 68,383.45 10.17 73.29 69.86
Mississippi 36 1,580,121.10 0.24 43,892.25 12.56 76.17 85.51
Nebraska 32 1,522,828.82 0.23 47,588.40 12.04 80.74 94.47
Idaho 32 1,372,889.29 0.21 42,902.79 11.47 75.07 94.91
Hawaii 7 1,243,317.30 0.19 177,616.76 9.98 69.17 64.39
Arkansas 28 1,130,466.23 0.17 40,373.79 13.13 75.2 91.73
Montana 13 898,502.18 0.13 69,115.55 11.56 76.98 79.07
Maine 9 553,777.37 0.08 61,530.82 10.55 68.49 68.4
Wyoming 9 510,940.80 0.08 56,771.20 11.99 73.25 82.86
West Virginia 11 424,759.40 0.06 38,614.49 12.02 70.99 96.12
South Dakota 3 128,764.87 0.02 42,921.62 12.7 81.71 100
North Dakota 1 34,284.22 0.01 34,284.22 13 70 100
- --------- ---- --------- -- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Full Doc - Asset and 9,804 576,904,295.17 86.22 58,843.77 11.51 77.23 100
Income
No Income Verifier 803 60,637,147.28 9.06 75,513.26 11.59 68.97 0
No Documentation 487 31,293,728.63 4.68 64,258.17 12.01 62.09 0
Other 1 236,810.68 0.04 236,810.68 10.5 63.71 0
- ---------- ---- ---------- ---- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
A 5,220 354,079,260.89 52.92 67,831.28 10.87 78.6 84.16
B 2,970 176,591,410.33 26.39 59,458.39 11.76 75.75 87.97
C 2,163 106,799,408.03 15.96 49,375.59 12.65 71.37 92.04
D 713 28,038,323.21 4.19 39,324.44 14.25 59.13 90.15
M 29 3,563,579.30 0.53 122,882.04 12.35 57.45 0
-- ------------ ---- ---------- ----- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 115 2,356,064.74 0.97 20,487.52 11.6 55.51 80.41
25,000.01 - 50,000.00 811 31,352,128.53 12.91 38,658.60 10.84 67.95 87.27
50,000.01 - 75,000.00 817 50,562,365.09 20.82 61,887.84 10.41 74.49 89.62
75,000.01 - 100,000.00 546 47,507,669.52 19.57 87,010.38 10.22 76.14 82.52
100,000.01 - 125,000.00 301 33,617,305.11 13.85 111,685.40 10.06 76.95 81.25
125,000.01 - 150,000.00 172 23,640,005.57 9.74 137,441.89 9.92 77.88 81.64
150,000.01 - 175,000.00 83 13,503,002.81 5.56 162,686.78 9.86 77.45 81.69
175,000.01 - 200,000.00 66 12,309,379.60 5.07 186,505.75 9.85 77.7 74.21
200,000.01 - 225,000.00 43 9,106,204.67 3.75 211,772.20 9.77 77.42 65.13
225,000.01 - 250,000.00 19 4,503,522.41 1.85 237,027.50 9.43 78.28 73.43
250,000.01 - 275,000.00 15 3,892,912.47 1.6 259,527.50 9.78 77.66 79.63
275,000.01 - 300,000.00 12 3,486,570.20 1.44 290,547.52 9.46 75.02 50.48
300,000.01 - 325,000.00 8 2,484,274.70 1.02 310,534.34 9.52 83.71 100
325,000.01 - 350,000.00 5 1,697,147.27 0.7 339,429.45 10.36 75.89 80.8
350,000.00 - 400,000.00 4 1,528,462.46 0.63 382,115.62 8.64 73.49 49.05
400,000.01 - 450,000.00 3 1,256,801.95 0.52 418,933.98 9.11 73.85 100
- ---------- ---------- - ------------ ---- ---------- ---- ----- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 9,996.34
Max: 431,053.02
Average: 80,398.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Current Coupons Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5.01 - 6.00 2 151,349.00 0.06 75,674.50 5.99 82.07 50.22
6.01 - 7.00 10 1,564,256.24 0.64 156,425.62 6.85 73.71 78.29
7.01 - 8.00 45 5,259,432.57 2.17 116,876.28 7.77 74.64 72.74
8.01 - 9.00 333 34,767,586.07 14.32 104,407.17 8.69 76.1 82.42
9.01 - 10.00 797 72,764,429.14 29.97 91,297.90 9.64 76.31 82.72
10.01 - 11.00 1,014 78,025,502.93 32.14 76,948.23 10.54 75.73 84.77
11.01 - 12.00 586 37,982,962.03 15.64 64,817.34 11.52 73.49 81.99
12.01 - 13.00 152 8,392,594.80 3.46 55,214.44 12.5 69.29 74.24
13.01 - 14.00 42 2,169,173.54 0.89 51,646.99 13.44 62.24 69.21
14.01 - 15.00 38 1,679,737.39 0.69 44,203.62 14.39 58.98 88.01
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
- --------- ---- --------- ---- -- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 5.99
Max: 15.10
WAC: 10.19
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,472.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 120
Max: 360
Weighted Average: 359.09
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,572.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 117
Max: 360
Weighted Average: 357.75
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 1,813 146,025,742.31 60.14 80,543.71 10.14 74.97 82.08
2 - 12 1,207 96,778,074.79 39.86 80,180.68 10.27 75.33 83.34
----- ------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0
Max: 10
Weighted Average: 1.34
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.00 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0.00
Max: 0.00
Weighted Average: 0.00
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 2 271,450.05 0.11 135,725.03 10.23 70.36 0
5.01 - 10.00 23 1,320,458.12 0.54 57,411.22 10.91 64.62 30.18
10.01 - 15.00 44 2,298,850.23 0.95 52,246.60 10.57 64.91 60.05
15.01 - 20.00 135 7,596,425.11 3.13 56,269.82 10.42 71.16 69.33
20.01 - 25.00 222 13,812,421.00 5.69 62,218.11 10.33 73.17 84.58
25.01 - 30.00 329 21,511,996.23 8.86 65,386.01 10.4 73.03 80.08
30.01 - 35.00 394 29,230,021.36 12.04 74,187.87 10.24 75.02 85.86
35.01 - 40.00 505 40,688,050.70 16.76 80,570.40 10.2 75.67 80.82
40.01 - 45.00 571 49,542,949.05 20.4 86,765.23 10.15 75.85 81.9
45.01 - 50.00 653 59,747,778.33 24.61 91,497.36 10.15 76.34 85.72
50.01 - 55.00 127 14,288,815.16 5.88 112,510.36 9.82 75.75 87.45
55.01 - 60.00 15 2,494,601.76 1.03 166,306.78 9.43 75.98 91.75
-- ------------ ---- ---------- ---- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 2.00
Max: 60.00
Weighted Average: 39.21
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 2,972 239,197,670.33 98.51 80,483.74 10.18 75.1 82.69
30 - 59 45 3,385,380.86 1.39 75,230.69 10.93 76.36 77.87
60 - 89 3 220,765.91 0.09 73,588.64 10.12 69.84 37.37
- ---------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Index Type Count Balance Total Balance Coupon CLTV Doc
- ---------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Libor - 6 Month 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
ARM - 6 Month 1,636 127,829,808.91 52.65 78,135.58 9.99 75.11 81.83
ARM - 2 Year/6Month 1,223 98,756,977.02 40.67 80,749.78 10.38 74.79 82.91
ARM - 3 Year/6 Month 161 16,217,031.17 6.68 100,726.90 10.61 77.10 86.50
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
1st Lien 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
Non-Balloon 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
Single Family 2,693 215,195,077.47 88.63 79,909.05 10.21 75.16 82.98
Detached
2-4 Family 116 9,938,087.17 4.09 85,673.17 10.2 74.19 74.48
PUD 50 6,761,855.75 2.78 135,237.12 9.5 77.1 77.43
Manufactured Housing 96 5,881,752.10 2.42 61,268.25 10.4 75.05 90.52
Condo 39 3,291,977.92 1.36 84,409.69 9.83 70.12 74.87
Single Family Attached 25 1,625,066.69 0.67 65,002.67 9.92 76.68 92.88
Mixed Use 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ---- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ==== ========== ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 2,053 159,558,667.78 65.72 77,719.76 10.21 74.91 84.87
Purchase 751 68,521,979.45 28.22 91,240.98 10.09 76.09 77.66
Debt Consol. & Home 98 7,092,500.30 2.92 72,372.45 10.37 71.54 80.82
Improve.
Other 54 4,165,596.75 1.72 77,140.68 10.65 75.89 78.62
Home Improvement 64 3,465,072.82 1.43 54,141.76 10.61 71.65 82.95
-- ------------ ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
Owner Occupied 2,865 233,792,936.71 96.29 81,603.12 10.19 75.42 82.92
Investor Owned 155 9,010,880.39 3.71 58,134.71 10.16 67.12 73.77
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
Full Doc -Asset and 2,562 200,515,359.27 82.58 78,265.17 10.19 76.67 100
Income
No Income Verifier 248 24,115,154.81 9.93 97,238.53 10.18 70.23 0
No Documentation 210 18,173,303.02 7.48 86,539.54 10.24 64.39 0
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 948 59,044,777.72 24.32 62,283.52 10.82 72.82 85.43
California 204 26,498,047.33 10.91 129,892.39 9.26 76.61 75.46
Ohio 221 15,498,662.00 6.38 70,129.69 9.99 76.87 91.85
Colorado 127 12,141,063.43 5 95,598.92 10.04 74.45 78.99
Utah 112 11,482,302.62 4.73 102,520.56 9.85 76.86 89.35
Washington 104 10,797,424.13 4.45 103,821.39 9.41 75.23 69.7
Texas 104 9,967,861.20 4.11 95,844.82 10.1 75.65 78.7
Illinois 106 9,036,827.21 3.72 85,253.09 10.65 76.69 89.8
Arizona 84 7,248,456.73 2.99 86,291.15 9.92 77.81 79.86
New Mexico 71 6,942,843.56 2.86 97,786.53 10.55 75.07 59.7
Indiana 86 5,507,438.51 2.27 64,039.98 10.47 75.55 86.54
Florida 58 5,370,819.87 2.21 92,600.34 9.88 74.56 77.19
Iowa 97 4,927,714.27 2.03 50,801.18 10.61 75.11 94.15
Missouri 76 4,836,704.56 1.99 63,640.85 10.55 75.78 94.38
Maryland 40 4,152,214.27 1.71 103,805.36 9.91 76.9 94.54
Oregon 44 3,972,267.64 1.64 90,278.81 9.93 73.95 74.61
Connecticut 39 3,914,512.00 1.61 100,372.10 9.83 74.39 82.41
Wisconsin 63 3,820,818.30 1.57 60,647.91 10.44 72.87 87.3
Kentucky 42 2,975,407.72 1.23 70,843.04 9.48 79.45 91.12
Georgia 25 2,823,803.48 1.16 112,952.14 10.71 80.24 81.46
North Carolina 40 2,766,928.89 1.14 69,173.22 10.38 75.14 87.15
New York 23 2,584,022.30 1.06 112,348.80 10.11 72.69 89.3
Pennsylvania 28 2,535,309.95 1.04 90,546.78 10.45 77.46 82.48
Tennessee 23 2,512,125.37 1.03 109,222.84 10.23 80.42 93.49
Nevada 22 2,502,630.46 1.03 113,755.93 9.99 76.94 83.98
Kansas 41 2,392,621.74 0.99 58,356.63 10.73 76.51 87.16
Massachusetts 21 2,271,568.48 0.94 108,169.93 10.18 74.49 80.23
Idaho 28 2,110,608.77 0.87 75,378.88 10.06 73.01 70.85
Hawaii 10 1,797,612.92 0.74 179,761.29 9.46 68.55 74.07
New Jersey 15 1,525,613.40 0.63 101,707.56 11.08 75.43 91.48
Minnesota 21 1,434,255.43 0.59 68,297.88 10.56 71.77 72.53
Montana 10 1,220,098.26 0.5 122,009.83 9.57 76.17 67.23
Nebraska 19 1,029,848.27 0.42 54,202.54 9.94 73.04 89.62
Virginia 11 1,018,140.18 0.42 92,558.20 10.08 74.42 83.74
Oklahoma 11 879,951.14 0.36 79,995.56 10.37 78.29 68.34
Rhode Island 7 747,256.49 0.31 106,750.93 9.89 66.81 38.25
South Carolina 10 620,954.56 0.26 62,095.46 10.32 76.59 83.97
West Virginia 9 463,103.82 0.19 51,455.98 10.29 75.2 100
Wyoming 5 342,799.76 0.14 68,559.95 10.83 79.84 73.31
Arkansas 6 330,335.08 0.14 55,055.85 10.1 68.6 80.94
New Hampshire 3 237,224.02 0.1 79,074.67 9.84 74.98 100
Maine 1 155,905.49 0.06 155,905.49 8.5 75 0
District of Columbia 2 154,477.35 0.06 77,238.68 10.74 75 100
Louisiana 1 112,500.00 0.05 112,500.00 9.7 82.12 100
Delaware 1 71,969.80 0.03 71,969.80 10.25 79.56 100
South Dakota 1 25,988.62 0.01 25,988.62 10.05 65 0
----- -------------- ---- --------- ----- ----- ------
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ==== ========= ===== ===== ======
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
A 1,268 120,925,675.18 49.8 95,367.25 9.72 77.26 76.32
B 832 64,051,964.54 26.38 76,985.53 10.19 74.59 86.27
C 767 50,799,405.28 20.92 66,231.30 11.03 72.78 92.15
D 152 6,916,772.10 2.85 45,505.08 12.29 59.68 88.93
M 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Margins Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------------- ----- ---------- ------ ----- -----
0.00 - 3.99 10 1,473,802.59 0.61 147,380.26 9.27 80.49 64.42
4.00 - 4.99 86 9,626,117.65 3.96 111,931.60 9 76.58 89.86
5.00 - 5.99 700 71,159,741.41 29.31 101,656.77 9.39 76.55 84.39
6.00 - 6.99 1,045 85,097,755.46 35.05 81,433.26 10.14 76 82.64
7.00 - 7.99 798 54,367,025.07 22.39 68,129.10 10.87 73.48 81.4
8.00 - 8.99 319 17,713,584.82 7.3 55,528.48 11.79 70.31 78.45
9.00 - 9.99 59 3,290,676.97 1.36 55,774.19 12.87 67.69 70.74
10.00 - 10.99 3 75,113.13 0.03 25,037.71 14.19 55.81 72.85
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 0.000
Max: 10.750
Weighted Average: 6.510
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Initial Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C>
1.000 1,643 128,374,613.77 52.87 78,134.27 9.99 75.11 81.9
1.250 1 104,949.75 0.04 104,949.75 9.63 70 100
1.500 4 268,605.31 0.11 67,151.33 10.58 70.89 66.12
2.000 8 830,867.12 0.34 103,858.39 10.57 80.57 100
2.375 1 102,937.59 0.04 102,937.59 8.5 64.38 100
3.000 1,339 111,241,879.21 45.82 83,078.33 10.4 75.07 83.12
6.000 24 1,879,964.35 0.77 78,331.85 11.26 76.98 89.78
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 6.000
Weighted Average: 1.960
Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Rate Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
1.00 2,864 226,621,607.16 93.34 79,127.66 10.24 75.17 83.03
1.25 1 104,949.75 0.04 104,949.75 9.63 70 100
1.50 150 15,389,206.64 6.34 102,594.71 9.46 74.11 75.08
2.00 1 194,000.00 0.08 194,000.00 10.5 77.6 100
3.00 4 494,053.55 0.2 123,513.39 11.07 79.45 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 3.000
Weighted Average: 1.037
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Maximum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11.01 - 12.00 1 76,000.00 0.03 76,000.00 5.99 100 100
12.01 - 13.00 6 907,890.24 0.37 151,315.04 6.88 71.97 79.61
13.01 - 14.00 33 4,206,198.18 1.73 127,460.55 7.66 75.44 77.73
14.01 - 15.00 204 21,514,455.36 8.86 105,463.02 8.58 75.93 79.48
15.01 - 16.00 728 66,982,659.77 27.59 92,009.15 9.42 76.17 83.48
16.01 - 17.00 1,054 83,802,214.33 34.51 79,508.74 10.33 75.94 85.26
17.01 - 18.00 678 46,608,172.32 19.2 68,743.62 11.21 73.64 80.92
18.01 - 19.00 210 13,407,117.17 5.52 63,843.42 12.01 72.91 77.6
19.01 - 20.00 56 3,114,355.96 1.28 55,613.50 12.98 65.5 63.25
20.01 - 21.00 40 1,758,120.67 0.72 43,953.02 14.16 62.8 89.59
21.01 - 22.00 9 379,839.71 0.16 42,204.41 14.32 53.86 72.26
22.01 - 23.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 11.990
Max: 22.100
Weighted Average: 16.447
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Minimum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
3.01 - 4.00 1 110,516.35 0.05 110,516.35 10.38 74.97 100
4.01 - 5.00 3 296,543.49 0.12 98,847.83 8.77 74.59 100
5.01 - 6.00 12 1,047,267.61 0.43 87,272.30 8.86 77.38 83.69
6.01 - 7.00 24 3,225,639.15 1.33 134,401.63 8.51 77.13 78.25
7.01 - 8.00 57 6,223,564.34 2.56 109,185.34 8.25 74.99 72.94
8.01 - 9.00 334 34,674,980.99 14.28 103,817.31 8.73 75.95 82.37
9.01 - 10.00 783 71,279,594.40 29.36 91,033.96 9.64 76.28 82.81
10.01 - 11.00 1,002 76,893,685.01 31.67 76,740.20 10.54 75.74 85.01
11.01 - 12.00 576 37,062,246.51 15.26 64,344.18 11.52 73.33 81.62
12.01 - 13.00 151 8,379,587.13 3.45 55,493.95 12.51 69.15 74.2
13.01 - 14.00 39 1,966,489.35 0.81 50,422.80 13.44 61.83 66.04
14.01 - 15.00 37 1,596,909.38 0.66 43,159.71 14.38 58.92 87.39
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 4.000
Max: 15.100
Weighted Average: 10.122
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Next Rate Outstanding Pct. Average Wtd. Wtd. Pct.
Adjustment Principal of Principal Avg. Avg. Full
Date Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1997-05 6 666,319.56 0.27 111,053.26 10.07 77.98 71.47
1997-06 45 3,680,976.26 1.52 81,799.47 9.94 77.24 81.21
1997-07 72 5,683,836.40 2.34 78,942.17 10.03 77.65 85.73
1997-08 392 31,878,314.32 13.13 81,322.23 10.33 75.73 79.63
1997-09 419 30,189,928.25 12.43 72,052.33 10.05 73.81 85.04
1997-10 495 38,590,987.28 15.89 77,961.59 9.8 74.78 81.39
1997-11 199 16,443,796.84 6.77 82,632.14 9.65 75.39 79.99
1997-12 8 695,650.00 0.29 86,956.25 10.06 79.9 92.99
1998-09 1 126,375.42 0.05 126,375.42 8.9 84.95 100
1998-11 4 199,206.32 0.08 49,801.58 11.39 75.1 93.98
1998-12 7 343,041.33 0.14 49,005.90 10.44 70.82 100
1999-01 24 1,830,770.10 0.75 76,282.09 11.1 80.71 90.75
1999-02 110 10,084,825.92 4.15 91,680.24 10.42 76.61 82.84
1999-03 219 18,018,894.73 7.42 82,278.06 10.32 73.05 81.35
1999-04 429 35,286,858.69 14.53 82,253.75 10.37 74.75 81.97
1999-05 392 30,845,204.51 12.7 78,686.75 10.32 74.92 83.49
1999-06 37 2,021,800.00 0.83 54,643.24 11.32 74.66 92.71
1999-09 1 123,918.97 0.05 123,918.97 11.13 90 100
1999-12 3 389,364.30 0.16 129,788.10 10.21 73.71 100
2000-01 5 430,133.94 0.18 86,026.79 12.48 74.86 100
2000-02 15 1,118,679.59 0.46 74,578.64 11.22 76.58 87.21
2000-03 44 4,642,456.33 1.91 105,510.37 10.45 77.81 92.23
2000-04 51 4,780,653.04 1.97 93,738.29 10.62 76.61 82.73
2000-05 42 4,731,825.00 1.95 112,662.50 10.46 77.19 81.82
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min (in months): 1
Max: 35
Weighted Average: 13.06
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 7 5
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 12.81 9.69 7.10 6.26 5.27 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
Window Mnths 111 2 52 57 51 47 28 18
Class A-8
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
Start Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
End Prin 1/15/24 3/15/23 11/15/17 1/15/14 5/15/12 5/15/12 10/15/11 1/15/07
Window Mnths 33 131 67 54 64 74 93 77
Class A-9
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/09 5/15/12 5/15/12 5/15/12 5/15/12 8/15/11 9/15/07
Window Mnths 143 143 143 143 142 141 131 78
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-1F
Avg Life 18.16 11.58 9.00 7.21 5.85 5.46 5.00 4.23
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 5/15/26 8/15/16 12/15/12 5/15/12 8/15/10 8/15/09 5/15/08 5/15/05
Window Mnths 169 157 135 140 122 109 94 55
Class M-2F
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
Start Prin 5/15/12 8/15/03 10/15/00 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 7/15/25 12/15/13 5/15/12 6/15/11 10/15/08 12/15/07 11/15/06 4/15/04
Window Mnths 159 125 128 129 100 90 77 46
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.89 4.48 3.35 2.63 2.12 1.70 1.28 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 4/15/27 10/15/23 4/15/19 2/15/15 12/15/11 7/15/09 9/15/07 10/15/99
Window Mnths 358 316 262 212 174 145 123 28
Class M-1A
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 4/15/27 9/15/21 10/15/16 12/15/12 2/15/10 1/15/08 5/15/06 1/15/05
Window Mnths 49 226 184 149 114 85 61 64
Class M-2A
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 3/15/27 10/15/19 11/15/14 4/15/11 9/15/08 11/15/06 6/15/05 5/15/04
Window Mnths 48 203 161 129 98 75 57 39
Class B-1A
Avg Life 27.97 10.21 7.60 5.96 4.88 4.22 3.81 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 1/15/27 6/15/16 12/15/11 11/15/08 10/15/06 3/15/05 1/15/04 4/15/02
Window Mnths 46 163 126 100 76 57 43 22
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 8/15/99 7/15/00 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 11 5
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 11.93 9.04 6.72 6.04 5.25 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
Window Mnths 111 2 20 25 26 24 22 18
Class A-8
Avg Life 27.45 14.93 12.26 9.51 7.59 6.93 6.18 4.43
Start Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 8 1 1 1 1 1 1 6
Class A-9
Avg Life 12.09 8.07 7.28 6.73 6.23 5.95 5.56 4.46
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 143 143 111 78 54 45 35 9
Class M-1F
Avg Life 18.08 11.38 8.53 6.56 5.29 4.92 4.51 3.88
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 46 37 14
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-2F
Avg Life 17.91 11.38 8.53 6.56 5.29 4.90 4.47 3.67
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 47 38 18
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.69 4.28 3.22 2.52 2.03 1.64 1.25 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 12/15/24 5/15/12 9/15/09 12/15/04 1/15/06 8/15/03 8/15/03 10/15/99
Window Mnths 330 179 147 114 91 83 74 28
Class M-1A
Avg Life 27.23 10.18 7.75 6.06 5.01 4.73 5.14 2.75
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 53 41 28 27
Class M-2A
Avg Life 27.23 10.18 7.75 6.06 4.96 4.44 4.19 4.32
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 54 45 35 10
Class B-1A
Avg Life 27.23 9.98 7.53 5.89 4.81 4.20 3.80 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 55 47 38 18
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-1
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 86 38 13 0 0 0 0 0
6/15/99 78 0 0 0 0 0 0 0
6/15/00 70 0 0 0 0 0 0 0
6/15/01 61 0 0 0 0 0 0 0
6/15/02 50 0 0 0 0 0 0 0
6/15/03 39 0 0 0 0 0 0 0
6/15/04 27 0 0 0 0 0 0 0
6/15/05 16 0 0 0 0 0 0 0
9/15/06 3 0 0 0 0 0 0 0
6/15/07 0 0 0 0 0 0 0 0
6/15/08 0 0 0 0 0 0 0 0
6/15/09 0 0 0 0 0 0 0 0
6/15/10 0 0 0 0 0 0 0 0
6/15/11 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 4.83 0.86 0.67 0.57 0.5 0.48 0.45 0.38
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-2
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 89 66 56 42 0
6/15/99 100 65 14 0 0 0 0 0
6/15/00 100 2 0 0 0 0 0 0
6/15/01 100 0 0 0 0 0 0 0
6/15/02 100 0 0 0 0 0 0 0
6/15/03 100 0 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 91 0 0 0 0 0 0 0
6/15/08 77 0 0 0 0 0 0 0
6/15/09 61 0 0 0 0 0 0 0
6/15/10 43 0 0 0 0 0 0 0
6/15/11 23 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-3
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 96
6/15/99 100 100 100 78 48 36 20 0
6/15/00 100 100 56 15 0 0 0 0
6/15/01 100 67 14 0 0 0 0 0
6/15/02 100 36 0 0 0 0 0 0
6/15/03 100 10 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-4
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 4
6/15/00 100 100 100 100 36 0 0 0
6/15/01 100 100 100 34 0 0 0 0
6/15/02 100 100 57 0 0 0 0 0
6/15/03 100 100 0 0 0 0 0 0
6/15/04 100 79 0 0 0 0 0 0
6/15/05 100 47 0 0 0 0 0 0
6/15/06 100 15 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.5 1.9
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-5
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 96 38 0
6/15/01 100 100 100 100 48 17 0 0
6/15/02 100 100 100 55 0 0 0 0
6/15/03 100 100 98 0 0 0 0 0
6/15/04 100 100 49 0 0 0 0 0
6/15/05 100 100 22 0 0 0 0 0
6/15/06 100 100 0 0 0 0 0 0
6/15/07 100 82 0 0 0 0 0 0
6/15/08 100 51 0 0 0 0 0 0
6/15/09 100 22 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
6/15/12 37 0 0 0 0 0 0 0
6/15/13 5 0 0 0 0 0 0 0
8/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.19 11.12 7.22 5.17 4.05 3.7 3.14 2.24
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-6
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 0
6/15/01 100 100 100 100 100 100 50 0
6/15/02 100 100 100 100 46 0 0 0
6/15/03 100 100 100 97 0 0 0 0
6/15/04 100 100 100 14 0 0 0 0
6/15/05 100 100 100 0 0 0 0 0
6/15/06 100 100 87 0 0 0 0 0
6/15/07 100 100 31 0 0 0 0 0
6/15/08 100 100 0 0 0 0 0 0
6/15/09 100 100 0 0 0 0 0 0
6/15/10 100 88 0 0 0 0 0 0
6/15/11 100 37 0 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 41 0 0 0 0 0 0 0
3/15/15 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 16.92 13.81 9.72 6.62 5.04 4.6 4.06 2.54
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-7
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 15
6/15/01 100 100 100 100 100 100 100 2
6/15/02 100 100 100 100 100 95 55 0
6/15/03 100 100 100 100 73 47 15 0
6/15/04 100 100 100 100 38 17 0 0
6/15/05 100 100 100 88 28 11 0 0
6/15/06 100 100 100 63 11 0 0 0
6/15/07 100 100 100 40 0 0 0 0
6/15/08 100 100 89 19 0 0 0 0
6/15/09 100 100 65 2 0 0 0 0
6/15/10 100 100 43 0 0 0 0 0
6/15/11 100 100 24 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 100 0 0 0 0 0 0 0
6/15/15 98 0 0 0 0 0 0 0
6/15/16 91 0 0 0 0 0 0 0
6/15/17 84 0 0 0 0 0 0 0
6/15/18 75 0 0 0 0 0 0 0
6/15/19 65 0 0 0 0 0 0 0
6/15/20 54 0 0 0 0 0 0 0
6/15/21 42 0 0 0 0 0 0 0
6/15/22 29 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
5/15/24 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 23.08 14.92 12.81 9.69 7.1 6.26 5.27 3.02
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-8
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 100 100 100 100 100
6/15/02 100 100 100 100 100 100 100 28
6/15/03 100 100 100 100 100 100 100 7
6/15/04 100 100 100 100 100 100 86 4
6/15/05 100 100 100 100 100 100 82 4
6/15/06 100 100 100 100 100 94 65 4
6/15/07 100 100 100 100 90 70 47 3
6/15/08 100 100 100 100 67 51 32 0
6/15/09 100 100 100 100 49 36 18 0
6/15/10 100 100 100 80 36 22 8 0
6/15/11 100 100 100 62 23 12 1 0
6/15/12 100 92 40 10 0 0 0 0
6/15/13 100 71 27 3 0 0 0 0
6/15/14 100 53 15 0 0 0 0 0
6/15/15 100 41 8 0 0 0 0 0
6/15/16 100 36 4 0 0 0 0 0
6/15/17 100 29 1 0 0 0 0 0
6/15/18 100 22 0 0 0 0 0 0
6/15/19 100 17 0 0 0 0 0 0
6/15/20 100 12 0 0 0 0 0 0
6/15/21 100 7 0 0 0 0 0 0
6/15/22 100 3 0 0 0 0 0 0
6/15/23 100 0 0 0 0 0 0 0
6/15/24 95 0 0 0 0 0 0 0
6/15/25 64 0 0 0 0 0 0 0
6/15/26 27 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-9
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 99 94 90 89 89 89 89 95
6/15/02 98 87 83 80 78 77 76 75
6/15/03 97 77 72 66 61 59 56 50
6/15/04 95 67 60 52 45 42 39 29
6/15/05 87 46 34 24 17 15 13 16
6/15/06 79 31 19 11 7 5 4 5
6/15/07 72 20 11 5 2 2 1 0
6/15/08 65 14 6 2 1 1 0 0
6/15/09 57 9 3 1 0 0 0 0
6/15/10 49 6 2 0 0 0 0 0
6/15/11 42 4 1 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 18
6/15/03 100 100 74 52 36 31 25 10
6/15/04 100 90 61 41 27 22 17 5
6/15/05 100 79 51 32 20 16 12 0
6/15/06 100 69 42 25 14 11 8 0
6/15/07 100 61 35 19 10 8 3 0
6/15/08 100 53 29 15 8 4 0 0
6/15/09 100 46 24 12 4 0 0 0
6/15/10 100 40 19 9 0 0 0 0
6/15/11 100 34 16 7 0 0 0 0
6/15/12 47 10 1 0 0 0 0 0
6/15/13 41 8 0 0 0 0 0 0
6/15/14 34 5 0 0 0 0 0 0
6/15/15 29 2 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 23 0 0 0 0 0 0 0
6/15/20 21 0 0 0 0 0 0 0
6/15/21 19 0 0 0 0 0 0 0
6/15/22 16 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
6/15/24 11 0 0 0 0 0 0 0
6/15/25 7 0 0 0 0 0 0 0
5/15/26 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 18.16 11.58 9 7.21 5.85 5.46 5 4.23
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 15
6/15/03 100 100 74 52 36 31 25 5
6/15/04 100 90 61 41 27 21 14 0
6/15/05 100 79 51 32 18 13 7 0
6/15/06 100 69 42 25 10 6 1 0
6/15/07 100 61 35 17 5 2 0 0
6/15/08 100 53 29 11 1 0 0 0
6/15/09 100 46 23 7 0 0 0 0
6/15/10 100 40 17 3 0 0 0 0
6/15/11 100 34 12 0 0 0 0 0
6/15/12 47 4 0 0 0 0 0 0
6/15/13 41 1 0 0 0 0 0 0
6/15/14 34 0 0 0 0 0 0 0
6/15/15 29 0 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 22 0 0 0 0 0 0 0
6/15/20 20 0 0 0 0 0 0 0
6/15/21 17 0 0 0 0 0 0 0
6/15/22 13 0 0 0 0 0 0 0
6/15/23 9 0 0 0 0 0 0 0
6/15/24 5 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
7/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 10
6/15/02 100 100 88 67 49 37 22 0
6/15/03 100 100 74 52 23 13 0 0
6/15/04 100 90 61 32 4 0 0 0
6/15/05 100 79 51 14 0 0 0 0
6/15/06 100 69 34 0 0 0 0 0
6/15/07 100 61 20 0 0 0 0 0
6/15/08 100 53 8 0 0 0 0 0
6/15/09 100 42 0 0 0 0 0 0
6/15/10 100 30 0 0 0 0 0 0
6/15/11 100 18 0 0 0 0 0 0
6/15/12 45 0 0 0 0 0 0 0
6/15/13 32 0 0 0 0 0 0 0
6/15/14 18 0 0 0 0 0 0 0
6/15/15 9 0 0 0 0 0 0 0
6/15/16 6 0 0 0 0 0 0 0
6/15/17 3 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.87 11 7.91 6.07 4.9 4.56 4.16 3.38
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-10
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 98 80 74 67 61 55 49 37
6/15/99 98 64 54 44 35 27 19 6
6/15/00 97 50 38 27 17 9 2 0
6/15/01 96 39 25 19 15 9 2 0
6/15/02 96 29 20 14 10 7 2 0
6/15/03 95 23 16 11 7 5 2 0
6/15/04 94 19 12 8 5 3 2 0
6/15/05 93 16 10 6 3 2 1 0
6/15/06 92 14 8 4 2 1 1 0
6/15/07 91 11 6 3 2 1 0 0
6/15/08 89 10 5 2 1 0 0 0
6/15/09 88 8 4 2 1 0 0 0
6/15/10 86 7 3 1 0 0 0 0
6/15/11 84 6 2 1 0 0 0 0
6/15/12 82 5 2 1 0 0 0 0
6/15/13 79 4 1 0 0 0 0 0
6/15/14 76 3 1 0 0 0 0 0
6/15/15 73 3 1 0 0 0 0 0
6/15/16 69 2 1 0 0 0 0 0
6/15/17 64 2 0 0 0 0 0 0
6/15/18 59 1 0 0 0 0 0 0
6/15/19 54 1 0 0 0 0 0 0
6/15/20 48 1 0 0 0 0 0 0
6/15/21 40 1 0 0 0 0 0 0
6/15/22 32 0 0 0 0 0 0 0
6/15/23 24 0 0 0 0 0 0 0
6/15/24 19 0 0 0 0 0 0 0
6/15/25 13 0 0 0 0 0 0 0
6/15/26 6 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 20.89 4.48 3.35 2.63 2.12 1.7 1.28 0.9
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 4
6/15/01 100 100 100 78 59 65 95 4
6/15/02 100 100 80 58 41 28 50 4
6/15/03 100 91 64 43 29 18 23 4
6/15/04 100 77 50 32 20 12 7 3
6/15/05 100 65 40 24 14 8 4 0
6/15/06 100 55 32 18 10 5 0 0
6/15/07 100 46 25 13 7 2 0 0
6/15/08 100 39 20 10 5 0 0 0
6/15/09 100 32 16 7 2 0 0 0
6/15/10 100 27 12 5 0 0 0 0
6/15/11 100 23 10 4 0 0 0 0
6/15/12 100 19 8 1 0 0 0 0
6/15/13 100 16 6 0 0 0 0 0
6/15/14 100 13 5 0 0 0 0 0
6/15/15 100 11 3 0 0 0 0 0
6/15/16 100 9 1 0 0 0 0 0
6/15/17 100 7 0 0 0 0 0 0
6/15/18 100 6 0 0 0 0 0 0
6/15/19 100 4 0 0 0 0 0 0
6/15/20 100 2 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 44 32 79
6/15/02 100 100 80 58 41 28 19 36
6/15/03 100 91 64 43 29 18 11 11
6/15/04 100 77 50 32 20 12 5 0
6/15/05 100 65 40 24 14 7 0 0
6/15/06 100 55 32 18 10 1 0 0
6/15/07 100 46 25 13 5 0 0 0
6/15/08 100 39 20 10 1 0 0 0
6/15/09 100 32 16 6 0 0 0 0
6/15/10 100 27 12 2 0 0 0 0
6/15/11 100 23 10 0 0 0 0 0
6/15/12 100 19 7 0 0 0 0 0
6/15/13 100 16 3 0 0 0 0 0
6/15/14 100 13 1 0 0 0 0 0
6/15/15 100 11 0 0 0 0 0 0
6/15/16 100 9 0 0 0 0 0 0
6/15/17 100 5 0 0 0 0 0 0
6/15/18 100 3 3 0 0 0 0 0
6/15/19 100 1 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
3/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 42 28 8
6/15/02 100 100 80 58 39 24 12 0
6/15/03 100 91 64 42 24 12 3 0
6/15/04 100 77 50 28 13 4 0 0
6/15/05 100 65 38 18 6 0 0 0
6/15/06 100 55 28 11 1 0 0 0
6/15/07 100 45 20 5 0 0 0 0
6/15/08 100 36 13 1 0 0 0 0
6/15/09 100 29 8 0 0 0 0 0
6/15/10 100 22 4 0 0 0 0 0
6/15/11 100 17 1 0 0 0 0 0
6/15/12 100 12 0 0 0 0 0 0
6/15/13 100 8 0 0 0 0 0 0
6/15/14 100 5 0 0 0 0 0 0
6/15/15 100 2 0 0 0 0 0 0
6/15/16 100 0 0 0 0 0 0 0
6/15/17 100 0 0 0 0 0 0 0
6/15/18 100 0 0 0 0 0 0 0
6/15/19 100 0 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 20 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 27.97 10.21 7.6 5.96 4.88 4.22 3.81 3.5
</TABLE>
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
1 7/15/97 9.18090
2 8/15/97 9.21156
3 9/15/97 9.27308
4 10/15/97 9.44852
5 11/15/97 9.60995
6 12/15/97 9.70739
7 1/15/98 9.71026
8 2/15/98 9.74092
9 3/15/98 9.80191
10 4/15/98 9.97741
11 5/15/98 10.1379
12 6/15/98 10.23536
13 7/15/98 10.23828
14 8/15/98 10.26899
15 9/15/98 10.33005
16 10/15/98 10.50568
17 11/15/98 10.66627
18 12/15/98 10.76382
19 1/15/99 10.76681
20 2/15/99 10.79762
21 3/15/99 10.85879
22 4/15/99 11.03462
23 5/15/99 12.40522
24 6/15/99 12.50273
25 7/15/99 12.50565
26 8/15/99 12.53640
27 9/15/99 12.59751
28 10/15/99 12.77331
29 11/15/99 13.37436
30 12/15/99 13.47190
31 1/15/00 13.47485
32 2/15/00 13.50563
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
33 3/15/00 13.56679
34 4/15/00 13.74267
35 5/15/00 14.56199
36 6/15/00 14.65948
37 7/15/00 14.66236
38 8/15/00 14.66984
39 9/15/00 14.68066
40 10/15/00 14.70752
41 11/15/00 15.25165
42 12/15/00 15.28301
43 1/15/01 15.28302
44 2/15/01 15.28303
45 3/15/01 15.28304
46 4/15/01 15.28305
47 5/15/01 15.38542
48 6/15/01 15.38542
49 7/15/01 15.38543
50 8/15/01 15.38543
51 9/15/01 15.38543
52 10/15/01 15.38544
53 11/15/01 15.43630
54 12/15/01 15.43631
55 1/15/02 15.43631
56 2/15/02 15.43631
57 3/15/02 15.43632
58 4/15/02 15.43632
59 5/15/02 15.43633
60 6/15/02 15.43633
61 7/15/02 15.43633
62 8/15/02 15.43634
63 9/15/02 15.43634
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
64 10/15/02 15.43634
65 11/15/02 15.43635
66 12/15/02 15.43635
67 1/15/03 15.43636
68 2/15/03 15.43636
69 3/15/03 15.43637
70 4/15/03 15.43637
71 5/15/03 15.43637
72 6/15/03 15.43638
73 7/15/03 15.43638
74 8/15/03 15.43639
75 9/15/03 15.43639
76 10/15/03 15.43640
77 11/15/03 15.43640
78 12/15/03 15.43640
79 1/15/04 15.43641
80 2/15/04 15.43641
81 3/15/04 15.43642
82 4/15/04 15.43642
83 5/15/04 15.43643
84 6/15/04 15.43643
85 7/15/04 15.43644
86 8/15/04 15.43644
87 9/15/04 15.43645
88 10/15/04 15.43645
89 11/15/04 15.43646
90 12/15/04 15.43646
91 1/15/05 15.43647
92 2/15/05 15.43647
93 3/15/05 15.43648
94 4/15/05 15.43648
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
95 5/15/05 15.43649
96 6/15/05 15.43650
97 7/15/05 15.43650
98 8/15/05 15.43651
99 9/15/05 15.43651
100 10/15/05 15.43652
101 11/15/05 15.43652
102 12/15/05 15.43653
103 1/15/06 15.43654
104 2/15/06 15.43654
105 3/15/06 15.43655
106 4/15/06 15.43655
107 5/15/06 15.43656
108 6/15/06 15.43657
109 7/15/06 15.43657
110 8/15/06 15.43658
111 9/15/06 15.43659
112 10/15/06 15.43659
113 11/15/06 15.43660
114 12/15/06 15.43661
115 1/15/07 15.43661
116 2/15/07 15.43662
117 3/15/07 15.43663
118 4/15/07 15.43663
119 5/15/07 15.43664
120 6/15/07 15.43665
121 7/15/07 15.43665
122 8/15/07 15.43666
123 9/15/07 15.43667
124 10/15/07 15.43668
125 11/15/07 15.43668
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
126 12/15/07 15.43669
127 1/15/08 15.43670
128 2/15/08 15.43671
129 3/15/08 15.43671
130 4/15/08 15.43672
131 5/15/08 15.43673
132 6/15/08 15.43674
133 7/15/08 15.43675
134 8/15/08 15.43675
135 9/15/08 15.43676
136 10/15/08 15.43677
137 11/15/08 15.43678
138 12/15/08 15.43679
139 1/15/09 15.43680
140 2/15/09 15.43681
141 3/15/09 15.43681
142 4/15/09 15.43682
143 5/15/09 15.43683
144 6/15/09 15.43684
145 7/15/09 15.43685
146 8/15/09 15.43686
147 9/15/09 15.43687
148 10/15/09 15.43688
149 11/15/09 15.43689
150 12/15/09 15.43690
151 1/15/10 15.43691
152 2/15/10 15.43692
153 3/15/10 15.43693
154 4/15/10 15.43694
155 5/15/10 15.43695
156 6/15/10 15.43696
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
157 7/15/10 15.43697
158 8/15/10 15.43698
159 9/15/10 15.43699
160 10/15/10 15.43700
161 11/15/10 15.43701
162 12/15/10 15.43702
163 1/15/11 15.43703
164 2/15/11 15.43705
165 3/15/11 15.43706
166 4/15/11 15.43707
167 5/15/11 15.43708
168 6/15/11 15.43709
169 7/15/11 15.43710
170 8/15/11 15.43712
171 9/15/11 15.43713
172 10/15/11 15.43714
173 11/15/11 15.43715
174 12/15/11 15.43717
175 1/15/12 15.43718
176 2/15/12 15.43719
- --------------------------------------------------------------------------------
Recipients of these Computational Materials must read and acknowledge the
attached document "STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING
ESTIMATES, AND OTHER INFORMATION" before using or relying on the information
contained herein. In addition, recipients of these Computational Materials may
only use or rely on the information contained herein if read in conjunction with
the related Prospectus and Prospectus Supplement. If you have not received the
statement described above or the related Prospectus and Prospectus Supplement,
please contact your account executive at Bear, Stearns & Co., Inc.
[GRAPHIC OMITTED]
- --------------------------------------------------------------------------------
EXHIBIT 99.6
- --------------------------------------------------------------------------------
--------------------
$1,265,000,000
ContiMortgage
Home Equity Loan Trust 1997-3
Home Equity ABS
--------------------
Computational Materials
- --------------------------------------------------------------------------------
INVESTORS MUST READ THIS PAGE BEFORE PROCEEDING TO THE TEXT. This information
has been prepared in connection with the issuance of securities representing
interests in the above trust, and is based in part on information provided by
ContiMortgage Corporation with respect to the expected characteristics of the
pool of closed-end mortgage loans in which these securities will represent
undivided beneficial interests. The actual characteristics and performance of
the closed-end mortgage loans will differ from the assumptions used in preparing
these materials, which are hypothetical in nature. Changes in the assumptions
may have a material impact on the information set forth in these materials. No
representation is made that any performance or return indicated herein will be
achieved. For example, it is very unlikely that closed-end mortgage loans will
prepay at a constant rate or follow a predictable pattern. This information may
not be used or otherwise disseminated in connection with the offer or sale of
these or any other securities, except in connection with the initial offer or
sale of these securities to you to the extent set forth below. NO REPRESENTATION
IS MADE AS TO THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE
MATERIALS OR THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is
available upon request.
These materials do not constitute an offer to buy or sell or a solicitation of
an offer to buy or sell any security or instrument or to participate in any
particular trading strategy. ANY SUCH OFFER TO BUY OR SELL ANY SECURITY WOULD BE
MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS SUPPLEMENT PREPARED BY
THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT CONTAINED IN THESE
MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL CONTAIN ALL MATERIAL
INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY AND ANY DECISION TO
INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE UPON SUCH PROSPECTUS
AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT NOT DEFINED HEREIN ARE
TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. In the
event of any such offering, these materials, including any description of the
closed-end mortgage loans contained herein, shall be deemed superseded, amended
and supplemented in their entirety by such Prospectus and Prospectus Supplement.
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Transaction Highlights(1)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Final
Scheduled
Class Class Size Expected Ratings Average Payment Payment Spread to
(2) ($ millions) Tranche Type (Moody's/Fitch/S&P) Life (3,4) Date Window (3,4) Day Count Benchmark
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 130 Fixed Sequential Aaa/AAA/AAA 0.50 years/MAT 4/15/07 7/97-4/98 / 10 mo. 30/360
A-2 135 Fixed Sequential Aaa/AAA/AAA 1.15 years/MAT 5/15/12 4/98-11/98 / 8 mo. 30/360
A-3 215 Fixed Sequential Aaa/AAA/AAA 2.04 years/MAT 5/15/12 11/98-2/00 / 16 mo. 30/360
A-4 73 Fixed Sequential Aaa/AAA/AAA 3.04 years/MAT 5/15/12 2/00-12/00 / 11 mo. 30/360
A-5 71 Fixed Sequential Aaa/AAA/AAA 4.05 years/MAT 8/15/13 12/00-2/02 / 15 mo. 30/360
A-6 36 Fixed Sequential Aaa/AAA/AAA 5.04 years/MAT 3/15/15 2/02-12/02 / 11 mo. 30/360
A-7 65 Fixed Sequential Aaa/AAA/AAA 7.10 years/MAT 5/15/24 12/02-2/07 / 51 mo. 30/360
A-8 38.6 Fixed Sequential Aaa/AAA/AAA 12.27 years/MAT 8/15/28 2/07-5/12 / 64 mo. 30/360
A-9 68 Fixed Lockout Aaa/AAA/AAA 6.51 years/MAT 8/15/28 8/00-5/12 / 142 mo. 30/360
M-1F 54.337 Fixed Mezzanine Aa2/AA/AA 5.85 years/MAT 8/15/28 7/00-8/10 / 122 mo. 30/360
M-2F 49.613 Fixed Mezzanine A3/A/A- 5.62 years/MAT 8/15/28 7/00-10/08 / 100 mo. 30/360
B-1F 9.45 Fixed Subordinate Baa3/BBB/BBB- 4.90 years/MAT 8/15/28 7/00-9/04 / 51 mo. 30/360
A-10 259.2 Floater Aaa/AAA/AAA 2.03 years*/CALL 8/15/28 7/97-1/05 / 91* mo. Actual/360
M-1A 25.6 Floater Mezzanine Aa2/AA/AA 5.01 years*/CALL 8/15/28 9/00-1/05 / 53* mo. Actual/360
M-2A 20 Floater Mezzanine A2/A/A- 4.96 years*/CALL 8/15/28 8/00-1/05 / 54* mo. Actual/360
B-1A 15.2 Floater Subordinate Baa3/BBB/BBB- 4.81 years*/CALL 8/15/28 7/00-1/05 / 55* mo. Actual/360
A-11IO -- Interest Only Aaa/AAA/AAA Morgan Stanley Sole Managed
- ------------------------------------------------------------------------------------------------------------------------------------
Total $1.265 -- -- -- -- -- -- --
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(1) The information presented is based on a representative cut-off pool as of
the 5/9/97 statistical calculation date.
(2) Class A-1 through A-9, M-1F, M-2F, and B-1F are backed by the fixed rate
loan pool; Classes A-10, M-1A, M-2A, and B-1A are backed by the ARM loan
pool.
(3) See "Pricing Prepayment Speed" below.
(4) Fixed Rate tranches are priced to maturity; Adjustable Rate tranches are
priced to call. The spread to LIBOR of the AAA ARM certificates doubles
after the clean-up call date and the spread to LIBOR of the subordinate
ARM certificates increases 1.5 times after the clean-up call date.
* To call
<TABLE>
<S> <C>
Seller and Servicer: ContiMortgage Corporation
Trustee: Manufacturers and Traders Trust Company
Managers: MORGAN STANLEY DEAN WITTER (lead manager), ContiFinancial Services Corporation, Bear
Stearns, Credit Suisse First Boston, Greenwich Capital Markets, Lehman Brothers, Merrill Lynch
(co-managers)
Fixed Rate Certificate All classes are priced at 125% of the prepayment assumption ("PPM"). 100% PPM describes
Pricing Prepayment Speed: prepayments starting at 4.0% CPR in month 1, increasing by 1.455% CPR per month to 20% CPR in
month 12, and remaining at 20% CPR thereafter.
Adjustable Rate Certificate
Pricing Prepayment Speed: Constant 30% CPR.
Expected Pricing Date: June 4-5, 1997.
Expected Settlement: June 12, 1997 through DTC, Euroclear or CEDEL.
Distribution Dates: The 15th of each month, beginning July 15, 1997.
Optional Call: 10% Clean-up call (10% of original aggregate loan balances).
Net Available Funds Cap: The adjustable rate certificates will be subject to an available funds cap equal to the weighted
average coupon rate of the adjustable rate home equity loans less [1.01%] per annum (comprised of a
0.50% servicing fee, 0.01% trustee fee and a 0.50% carve out).
Tax Status: REMIC
ERISA Eligibility: The Class A certificates are ERISA eligible.
SMMEA Eligibility: Classes A-10 and M-1A are SMMEA eligible.
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Credit Enhancement for Fixed Rate Certificates
o Class A1-A9 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1F, M-2F, and B-1F certificates, totaling 12.0%
of the original loan amount.
o Class M-1F, M-2F, and B-1F Credit Enhancement:
1. Excess cash
2. Class M-1F is further enhanced by 6.25% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2F is further enhanced by 1.00% in subordinate certificates and
O/C building up to 1.0%; 4. Class B-1F is enhanced by O/C building up to
1.0%.
Credit Enhancement for Floating Rate Certificates
o Class A-10 Credit Enhancement:
1. Excess cash
2. Overcollateralization initially building up to 1.0% of the original loan
amount;
3. Subordination of Class M-1A, M-2A, and B-1A certificates, totaling 19.0%
of the original loan amount.
o Class M-1A, M-2A, and B-1A Credit Enhancement:
1. Excess cash
2. Class M-1A is further enhanced by 11.00% in subordinate certificates and
O/C building up to 1.0%;
3. Class M-2A is further enhanced by 4.75% in subordinate certificates and
O/C building up to 1.0%;
4. Class B-1A is enhanced by O/C initially building up to 1.0%.
Overcollateralization
1. Before the stepdown date, overcollateralization initially builds to 1.0%
of the original loan amount for both loan groups (subject to performance
triggers);
2. On and after the step-down date to 2.0% of the outstanding loan balance
for the fixed rate group and 2.5% of the outstanding loan balance for
the adjustable rate group (subject to performance triggers);
3. Step down overcollateralization amount subject to floors of 0.50% of the
original loan amount for both loan groups (subject to performance
triggers).
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Interest Cashflow Priority
o Interest Collections (net of Servicing) will be allocated in the following
priority:
Fixed Rate Cashflows
1. Trustee fee
2. Senior bonds (Class A-1 through A-9 + A-11IO) current interest plus
unpaid interest shortfalls
3. M-1F current interest
4. M-2F current interest
5. B-1F current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Floating Rate Cashflows
1. Trustee Fee
2. Senior bond (Class A-10) current interest plus unpaid interest
shortfalls
3. M-1A current interest
4. M-2A current interest
5. B-1A current interest
6. Build overcollateralization to the target level
7. Unpaid interest shortfalls and reimbursements of principal
writedowns on mezzanine and subordinate bonds
8. To the other loan group in the order of items 6 and 7, if necessary
Principal Cashflow Priority
o Collections of Principal before the stepdown date (July 2000), or during a
trigger event, will be allocated in the following priority:
Fixed Rate Cashflows
1. Pay A-9 according to the following Lockout Percentage:
July 1997 - June 2000 0%
July 2000 - June 2002 45%
July 2002 - June 2003 80%
July 2003 - June 2004 100%
July 2004 - 300%
2. Pay Classes A-1 through A-8 sequentially
3. Pay M-1F, M-2F, then B-1F (if Class A certificates are retired in
full)
Floating Rate Cashflows
1. Pay Class A-10
2. Pay M-1A, M-2A, then Class B-1A (if Class A certificates are retired
in full)
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
o Collections of Principal on and after the stepdown date (July 2000), and if
no trigger event is in effect will be allocated in the following priority:
(cont.)
Fixed Rate Cashflows
Pay Class A bonds, Class M-1F, Class M-2F, and Class B-1F pro-rata in
accordance with enhancement targets, equal to 2.0 times the initial
enhancement for each class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 74% 26.0%
Class M-1F 11.5 14.5
Class M-2F 10.5 4.0
Class B-1F 2.0 2.0
Overcollateralization 2.0
---
100%
Collections of Principal on and after the stepdown date (and if no trigger
event is in effect) will be allocated in the following priority (cont.):
Floating Rate Cashflows
Pay Class A-10, M-1A, M-2A, and B-1A pro-rata in accordance with
enhancement targets equal to 2.5 times the initial enhancement for each
class:
Targeted % of Pool Target Credit Enhancement
------------------ -------------------------
Class A 50% 50.0%
Class M-1A 20 30.0
Class M-2A 15.625 14.375
Class B-1A 11.875 2.5
Overcollateralization 2.500
-----
100.000%
o Stepdown Date
- Stepdown Date is the earlier to occur of (i) the later of (x) three
years (July 2000) or (y) when cred enhancement reaches its target level
and (ii) when the Class A Certificates are retired in full.
o Trigger Events
- [To be finalized with the rating agencies]
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1997-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral Description
o Collateral statistics are based on a representative pool as of the May 9,
1997 statistical calculation date. The actual statistics may vary.
<TABLE>
<CAPTION>
ARM Portfolio Fixed Rate Portfolio
------------- --------------------
<S> <C> <C>
Total Outstanding Balance: $242,803,817.10 $669,071,981.76
Number of Loans: 3,020 11,095
Average Remaining $80,398.61 (range: $9,996 - $431,053) $60,303.92 (range: $5,900 - $406,250)
Balance:
Interest Rate Index: o 52.65% 6-month LIBOR o 100.00% fixed rate loans
o 40.67% 2/28 adjustment
o 6.68% 3/27 adjustment
Amortization Method: 100.00% fully amortizing 47.97% fully amortizing / 52.03% balloons
WA Gross Coupon: 10.19% (range: 5.99% - 15.10%) 11.54% (range: 7.63% - 18.99%)
WA Gross Margin /
WA Life Cap: 6.51% Margin / 16.45% Cap N/A
WA Periodic Interest Rate 1.04% N/A
Caps:
WA Months to Roll: 13.06 months N/A
Original Weighted Average 359.09 months (range: 120 - 360 months) 221.45 months (range: 60 - 360 months)
Term:
Remaining Weighted
Average Term: 357.75 months (range: 117 - 360 months) 220.08 months (range: 54 - 360 months)
Seasoning: 1.34 months (range: 0 - 10) 1.37 months (range: 0 - 23 months)
Lien Position: 100% first 92.98% first / 7.02% second
Original CLTV Ratio: 75.11% (range: 6.38% - 100.00%) 75.77% (range: 9.09% - 100.00%)
WA Debt to Income Ratio: 39.21% (range: 2.00% - 60.00%) 38.61% (range: 1.00% - 72.00%)
Credit Grade: 49.80% A, 26.38% B, 20.92% C, 2.85% D, 0.05% M 52.92% A, 26.39% B, 15.96% C, 4.19% D, 0.53% M
Documentation: 82.58% full doc, 9.93% no income verification, 86.22% full doc, 9.06% no income verification,
7.48% no doc 4.68% no doc, 0.04% other
Property Type: 89.30% single family, 4.09% 2-4 family, 2.78% 88.71% single family, 7.37% 2-4 family, 0.94%
PUD, 3.83% other PUD, 2.98% other
Owner Occupancy: 96.29% owner occupied, 3.71% investor owned 95.76% owner occupied, 4.24% investor owned
Loan Purpose: 70.06% debt consolidation and home improvement, 83.97% debt consolidation and home
28.22% purchase, 1.72% other improvement, 13.87% purchase, 2.16% other
Geographic Distribution: MI (24.32%), CA (10.91%), OH (6.38%), CO MI (10.13%), OH (8.59%), NY (8.32%), IL
(5.00%), with all remaining states under 5.0% (6.72%), FL (6.38%), IN (5.99%), PA (5.99%),
with all remaining states under 5.0%
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 1,678 31,967,075.16 4.78 19,050.70 12.93 61.05 90.51
25,000.01 - 50,000.00 3,911 146,609,403.52 21.91 37,486.42 12.1 71.12 90.02
50,000.00 - 50,000.00 2,788 171,847,449.61 25.68 61,638.25 11.49 76.51 88.81
75,000.00 - 100,000.00 1,268 109,573,097.51 16.38 86,414.11 11.29 77.81 86.18
100,000.00 - 125,000.00 681 76,009,905.82 11.36 111,615.13 11.16 79.65 85.48
125,000.00 - 150,000.00 344 46,910,975.03 7.01 136,369.11 11.08 79.85 82.58
150,000.00 - 175,000.00 163 26,284,092.43 3.93 161,252.10 11.07 79.6 80.12
175,000.00 - 200,000.00 108 20,129,262.95 3.01 186,382.06 11.11 80.37 77.06
200,000.00 - 225,000.00 51 10,832,250.66 1.62 212,397.07 11.18 80.93 80.5
225,000.00 - 250,000.00 38 9,088,775.12 1.36 239,178.29 11.2 78.29 73.37
250,000.00 - 275,000.00 21 5,487,753.67 0.82 261,321.60 10.85 81.94 71.39
275,000.00 - 300,000.00 13 3,760,558.45 0.56 289,273.73 11.02 79.56 54.29
300,000.00 - 325,000.00 13 4,118,829.13 0.62 316,833.01 10.62 77.33 46.41
325,000.00 - 350,000.00 9 3,047,372.72 0.46 338,596.97 10.61 71.88 78.31
350,000.00 - 400,000.00 8 2,998,929.98 0.45 374,866.25 11.02 76.48 87.09
400,000.00 - 450,000.00 1 406,250.00 0.06 406,250.00 10.99 65 100
- ----------------------- - ---------- ---- ---------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 5,900.00
Max: 406,250.00
Average: 60,303.92
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Range of Coupons Count Balance Total Balance Coupon CLTV Doc
- ---------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7.01 - 8.00 5 416,919.09 0.06 83,383.82 7.87 60.1 100
8.01 - 9.00 216 17,798,712.60 2.66 82,401.45 8.79 73.94 95.75
9.01 - 10.00 1,331 101,284,126.13 15.14 76,096.26 9.74 74.97 88.83
10.01 - 11.00 2,540 177,639,225.21 26.55 69,936.70 10.67 78.09 86.04
11.01 - 12.00 2,598 163,449,855.94 24.43 62,913.72 11.6 77.38 85.62
12.01 - 13.00 2,101 110,682,242.10 16.54 52,680.74 12.58 75.62 84.74
13.01 - 14.00 1,221 58,424,779.43 8.73 47,849.94 13.58 72.99 84.5
14.01 - 15.00 635 24,317,579.43 3.63 38,295.40 14.57 68.1 84.03
15.01 - 16.00 249 9,474,574.34 1.42 38,050.50 15.46 65.77 82.88
16.01 - 17.00 132 3,621,103.62 0.54 27,432.60 16.61 58.8 97.42
17.01 - 18.00 55 1,563,775.04 0.23 28,432.27 17.45 57.66 86.4
18.01 - 19.00 12 399,088.83 0.06 33,257.40 18.54 61.53 89.48
- ----- ----- -- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 7.63
Max: 18.99
WAC: 11.54
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 60
Max: 360
Weighted Average: 221.45
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 529 14,431,765.70 2.16 27,281.22 11.56 65.38 88.33
121 - 180 7,212 432,368,266.05 64.62 59,951.23 11.77 76.25 87.24
181 - 240 1,669 91,899,006.01 13.74 55,062.32 11.25 74.43 86.44
241 - 300 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
301 - 360 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
- --- --- ----- -------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 54
Max: 360
Weighted Average: 220.08
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 6,653 404,765,174.52 60.5 60,839.50 11.48 75.54 85.81
2 - 12 4,437 264,173,171.86 39.48 59,538.69 11.63 76.12 86.86
13 greater
than = 5 133,635.38 0.02 26,727.08 12.46 72.33 82.4
- -- - ---------- ---- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0
Max: 23
Weighted Average: 1.37
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 47 842,659.38 0.13 17,928.92 12.57 60.28 78.05
10.01 - 15.00 256 5,912,208.50 0.88 23,094.56 12.11 71.51 84.91
15.01 - 20.00 358 9,087,933.27 1.36 25,385.29 12.13 70.31 84.94
20.01 - 25.00 300 8,997,068.81 1.34 29,990.23 11.96 64.94 77.03
25.01 - 30.00 290 9,768,655.70 1.46 33,685.02 11.89 62.3 83.71
30.01 - 35.00 224 7,673,279.80 1.15 34,255.71 11.78 57.88 79.87
35.01 - 40.00 253 9,858,327.06 1.47 38,965.72 12.01 55.31 77.82
40.01 - 45.00 215 8,946,027.42 1.34 41,609.43 11.73 51.81 78.85
45.01 - 50.00 437 16,990,336.67 2.54 38,879.49 12.54 51.1 67.18
50.01 - 55.00 297 14,014,587.98 2.09 47,187.16 11.82 54.44 72.78
55.01 - 60.00 515 22,855,426.84 3.42 44,379.47 11.9 59.41 70
60.01 - 65.00 674 37,847,230.64 5.66 56,153.16 12.09 63.87 65.76
65.01 - 70.00 973 56,486,817.09 8.44 58,054.28 11.82 69.12 71.19
70.01 - 75.00 1,300 82,887,084.45 12.39 63,759.30 11.56 74.23 77.72
75.01 - 80.00 2,499 168,244,615.24 25.15 67,324.78 11.33 79.51 92.43
80.01 greater than = 2,457 208,659,722.91 31.19 84,924.59 11.25 86.72 98.2
- ----- ----- -------------- ----- --------- ----- ----- ----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 6.90
Max: 100.00
Weighted Average: 72.55
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 3 32,938.44 0 10,979.48 13.55 9.43 100
10.01 - 15.00 14 278,733.41 0.04 19,909.53 12.59 13.73 61.71
15.01 - 20.00 34 721,890.59 0.11 21,232.08 12.06 18.37 77.71
20.01 - 25.00 64 1,774,176.87 0.27 27,721.51 11.9 23.02 60.57
25.01 - 30.00 99 2,673,330.71 0.4 27,003.34 12 27.8 74.35
30.01 - 35.00 125 3,450,532.05 0.52 27,604.26 11.94 32.81 73.73
35.01 - 40.00 172 5,672,027.76 0.85 32,976.91 12.14 37.6 71.43
40.01 - 45.00 182 6,808,145.67 1.02 37,407.39 11.8 42.73 72.68
45.01 - 50.00 430 16,189,842.76 2.42 37,650.80 12.59 48.56 65.56
50.01 - 55.00 307 13,995,139.92 2.09 45,586.77 11.86 53.13 70.39
55.01 - 60.00 547 23,323,025.06 3.49 42,638.07 11.92 58.42 69.65
60.01 - 65.00 739 40,153,339.72 6 54,334.70 12.1 63.49 64.9
65.01 - 70.00 1,069 59,410,064.23 8.88 55,575.36 11.82 68.95 70.48
70.01 - 75.00 1,494 89,774,522.21 13.42 60,090.04 11.6 74.13 77.79
75.01 - 80.00 2,888 180,580,717.85 26.99 62,527.95 11.35 79.45 92.45
80.01 greater than = 2,928 224,233,554.51 33.51 76,582.50 11.31 86.53 98.16
- ----- ----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 9.09
Max: 100.00
Weighted Average: 75.77
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.00 - 4.99 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
5.00 - 9.99 4 74,438.39 0.01 18,609.60 12.42 82.34 100
10.00 - 14.99 72 1,305,459.14 0.2 18,131.38 12.3 79.84 92.14
15.00 - 19.99 224 5,340,397.70 0.8 23,841.06 12.2 78.45 90.1
20.00 - 24.99 228 5,648,625.44 0.84 24,774.67 12.2 77.54 90.47
25.00 - 29.99 200 6,090,055.29 0.91 30,450.28 11.9 75.88 81.99
30.00 - 34.99 155 5,134,482.54 0.77 33,125.69 11.89 76.82 87.88
35.00 - 39.99 120 4,715,779.79 0.7 39,298.16 11.92 75.15 82.26
40.00 - 44.99 94 3,526,871.36 0.53 37,519.91 11.71 72.65 79.19
45.00 - 49.99 74 3,459,752.57 0.52 46,753.41 11.6 73.63 83.32
50.00 - 54.99 58 2,830,106.58 0.42 48,794.94 11.64 72.71 82.58
55.00 - 59.99 31 1,578,348.80 0.24 50,914.48 11.42 69.81 83.17
60.00 - 64.99 32 1,430,279.83 0.21 44,696.24 11.89 69.8 80.44
65.00 - 69.99 25 1,050,550.11 0.16 42,022.00 11.49 72.04 100
70.00 - 74.99 29 1,347,643.24 0.2 46,470.46 11.49 71.76 85.48
75.00 - 79.99 13 765,680.83 0.11 58,898.53 11.78 66.89 78.13
80.00 - 84.99 9 592,360.94 0.09 65,817.88 11.96 75.65 100
85.00 - 89.99 13 961,557.54 0.14 73,965.96 11.2 71.87 79.71
90.00 - 94.99 11 960,853.75 0.14 87,350.34 11.48 62.14 60.57
95.00 - 99.99 4 188,131.38 0.03 47,032.85 11.9 73.03 100
- ----- ----- - ---------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 0.00
Max: 97.32
Weighted Average: 39.52
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- --------------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 13 866,330.15 0.13 66,640.78 11.22 68.38 21.58
5.01 - 10.00 68 2,472,171.86 0.37 36,355.47 12.13 64.23 48.87
10.01 - 15.00 265 11,202,755.56 1.67 42,274.55 11.86 69.03 71.51
15.01 - 20.00 552 23,191,475.91 3.47 42,013.54 11.8 71.14 84.5
20.01 - 25.00 855 41,954,407.95 6.27 49,069.48 11.58 73.7 87.43
25.01 - 30.00 1,215 61,480,588.72 9.19 50,601.31 11.64 74.1 88.54
30.01 - 35.00 1,499 83,998,089.72 12.55 56,036.08 11.56 74.47 87.66
35.01 - 40.00 1,687 105,578,894.05 15.78 62,583.81 11.58 75.98 84.89
40.01 - 45.00 2,090 138,409,421.02 20.69 66,224.60 11.45 76.73 84.12
45.01 - 50.00 2,537 175,054,321.58 26.16 69,000.52 11.49 77.65 89.13
50.01 - 55.00 294 22,826,271.87 3.41 77,640.38 11.39 76.85 83.41
55.01 - 60.00 18 1,925,851.16 0.29 106,991.73 11.11 78.83 100
65.01 - 70.00 1 86,908.21 0.01 86,908.21 8.45 80 100
70.01 - 75.00 1 24,494.00 0 24,494.00 15.75 50 100
- --------- - --------- ----- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
Min: 1.00
Max: 72.00
Weighted Average: 38.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 10,927 659,004,823.54 98.5 60,309.77 11.52 75.74 86.18
30 - 59 155 9,181,682.90 1.37 59,236.66 12.48 77.38 88.81
60 - 89 13 885,475.32 0.13 68,113.49 12.27 81.21 95.83
-- ---------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ----------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon - 15/30 5,141 347,594,280.51 51.95 67,612.19 11.87 77.34 87.3
Fixed - 30 Year 1,631 126,438,304.24 18.9 77,521.95 10.99 76.05 82.11
Fixed - 20 Year 1,667 91,666,227.51 13.7 54,988.74 11.25 74.4 86.4
Fixed - 15 Year 2,069 84,706,461.32 12.66 40,940.77 11.34 71.8 86.98
Fixed - 10 Year 465 12,915,962.53 1.93 27,776.26 11.48 65.86 88.34
Fixed - 25 Year 54 3,934,639.76 0.59 72,863.70 10.54 82.46 94.3
Fixed - 5 Year 60 1,273,952.13 0.19 21,232.54 11.88 60.82 86.03
Balloon - 20/30 2 232,778.50 0.03 116,389.25 12.03 87.15 100
Balloon - 10/30 2 127,900.00 0.02 63,950.00 15.2 55.09 100
Balloon - 15/20 2 67,524.22 0.01 33,762.11 13.27 58.44 100
Balloon - 7/30 1 63,958.79 0.01 63,958.79 11.2 74.37 100
Balloon - 5/30 1 49,992.25 0.01 49,992.25 14.7 72.46 100
- --------- ---- --------- ---- ----- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ------ -------------- ----- --------- ----- ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1st Lien 9,699 622,070,606.54 92.98 64,137.60 11.51 75.84 86.31
2nd Lien 1,396 47,001,375.22 7.02 33,668.61 11.87 74.81 85.08
----- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Balloon 5,149 348,136,434.27 52.03 67,612.44 11.87 77.34 87.32
Non-Balloon 5,946 320,935,547.49 47.97 53,975.03 11.17 74.06 85.04
----- -------------- ----- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Single Family Detached 9,626 574,205,997.58 85.82 59,651.57 11.54 76.1 86.68
2-4 Family 666 49,326,220.10 7.37 74,063.39 11.32 74.4 86.8
Single Family Attached 392 19,334,948.93 2.89 49,323.85 11.91 75.51 89.5
Manufactured Housing 237 11,714,999.76 1.75 49,430.38 11.62 75.19 91.96
PUD 65 6,303,530.95 0.94 96,977.40 11.51 79.29 82.64
Mixed Use 33 4,468,132.43 0.67 135,397.95 12.11 56.43 9.83
Condo 76 3,718,152.01 0.56 48,923.05 11.62 62.95 70.84
- ----- -- ------------ ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 8,954 533,432,335.35 79.73 59,574.75 11.53 75.61 86.58
Purchase 1,371 92,781,543.01 13.87 67,674.36 11.7 78.58 86.54
Debt Consol. & Home 280 15,045,889.10 2.25 53,735.32 11.91 71.26 78.13
Improve.
Other 204 14,433,278.54 2.16 70,751.37 10.49 74.74 85.33
Home Improvement 286 13,378,935.76 2 46,779.50 11.49 68.76 79.76
--- ------------- - --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Owner Occupied 10,473 640,718,092.73 95.76 61,178.09 11.53 76.22 86.5
Investor Owned 622 28,353,889.03 4.24 45,585.03 11.65 65.58 79.98
--- ------------- ---- --------- ----- ----- -----
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 1,465 67,792,715.10 10.13 46,274.89 12.68 73.51 90.76
Ohio 1,031 57,485,788.31 8.59 55,757.31 11.16 77.48 91.91
New York 707 55,691,515.74 8.32 78,771.59 11.18 73.53 78.93
Illinois 738 44,955,215.01 6.72 60,914.93 11.52 76.33 91.81
Florida 744 42,713,914.89 6.38 57,411.18 11.57 75.51 75.95
Indiana 809 40,083,075.59 5.99 49,546.45 11.37 77.57 92.09
Pennsylvania 649 40,074,359.26 5.99 61,747.86 11.46 76 84.52
North Carolina 571 31,707,850.85 4.74 55,530.39 11.57 77.26 90.82
New Jersey 377 30,995,902.32 4.63 82,217.25 11.48 74.3 79.54
Maryland 365 25,538,205.93 3.82 69,967.69 11.18 76.02 87.34
Georgia 359 22,646,232.39 3.38 63,081.43 11.92 78.35 89.68
Massachusetts 240 19,346,021.02 2.89 80,608.42 10.97 72.57 81.39
California 183 18,076,753.69 2.7 98,780.07 10.43 72.03 77.2
South Carolina 333 16,628,527.98 2.49 49,935.52 11.6 77.01 89.04
Missouri 295 14,757,576.89 2.21 50,025.68 12.35 78.11 90.89
Kentucky 221 11,585,887.21 1.73 52,424.83 11.12 78.44 93.9
Utah 141 11,557,647.40 1.73 81,969.13 11.44 77.15 84.18
Tennessee 179 11,002,684.03 1.64 61,467.51 11.11 79.87 90.63
Colorado 138 9,863,358.95 1.47 71,473.62 11.56 79.59 89.19
Virginia 146 9,070,798.66 1.36 62,128.76 11.81 75.39 89.54
New Mexico 124 7,955,659.18 1.19 64,158.54 12.24 77.32 82.98
Minnesota 110 7,162,190.40 1.07 65,110.82 11.87 77.16 91.49
Rhode Island 86 6,427,681.82 0.96 74,740.49 11.05 78.48 83.15
Texas 99 6,281,752.50 0.94 63,452.05 11.98 77.96 88.03
Arizona 87 6,178,256.21 0.92 71,014.44 10.83 75.46 85.45
Wisconsin 122 6,124,235.11 0.92 50,198.65 11.97 75.67 92.98
Washington 76 6,062,512.59 0.91 79,769.90 10.67 72.02 67.21
Connecticut 73 5,829,525.14 0.87 79,856.51 11.09 70.78 74.2
Oregon 63 5,427,112.25 0.81 86,144.64 10.88 74.74 62.37
Kansas 69 3,451,575.19 0.52 50,022.83 12.09 79.36 87.59
Iowa 85 3,436,937.90 0.51 40,434.56 12.13 73.97 93.68
Louisiana 63 2,756,380.96 0.41 43,752.08 12.05 72.42 87.01
Delaware 35 2,650,041.23 0.4 75,715.46 11.2 74.73 73.52
District of Columbia 39 2,530,205.64 0.38 64,877.07 11.85 66.04 86.44
Nevada 22 2,081,340.96 0.31 94,606.41 11.31 78.44 90.27
Oklahoma 45 2,032,305.66 0.3 45,162.35 11.9 78.93 96.14
New Hampshire 25 1,709,586.22 0.26 68,383.45 10.17 73.29 69.86
Mississippi 36 1,580,121.10 0.24 43,892.25 12.56 76.17 85.51
Nebraska 32 1,522,828.82 0.23 47,588.40 12.04 80.74 94.47
Idaho 32 1,372,889.29 0.21 42,902.79 11.47 75.07 94.91
Hawaii 7 1,243,317.30 0.19 177,616.76 9.98 69.17 64.39
Arkansas 28 1,130,466.23 0.17 40,373.79 13.13 75.2 91.73
Montana 13 898,502.18 0.13 69,115.55 11.56 76.98 79.07
Maine 9 553,777.37 0.08 61,530.82 10.55 68.49 68.4
Wyoming 9 510,940.80 0.08 56,771.20 11.99 73.25 82.86
West Virginia 11 424,759.40 0.06 38,614.49 12.02 70.99 96.12
South Dakota 3 128,764.87 0.02 42,921.62 12.7 81.71 100
North Dakota 1 34,284.22 0.01 34,284.22 13 70 100
- --------- ---- --------- -- -- ---
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 Fixed
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Full Doc - Asset and 9,804 576,904,295.17 86.22 58,843.77 11.51 77.23 100
Income
No Income Verifier 803 60,637,147.28 9.06 75,513.26 11.59 68.97 0
No Documentation 487 31,293,728.63 4.68 64,258.17 12.01 62.09 0
Other 1 236,810.68 0.04 236,810.68 10.5 63.71 0
- ---------- ---- ---------- ---- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
A 5,220 354,079,260.89 52.92 67,831.28 10.87 78.6 84.16
B 2,970 176,591,410.33 26.39 59,458.39 11.76 75.75 87.97
C 2,163 106,799,408.03 15.96 49,375.59 12.65 71.37 92.04
D 713 28,038,323.21 4.19 39,324.44 14.25 59.13 90.15
M 29 3,563,579.30 0.53 122,882.04 12.35 57.45 0
-- ------------ ---- ---------- ----- ----- -
Total: 11,095 669,071,981.76 100 60,303.92 11.54 75.77 86.22
====== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Outstanding Principal of Principal Avg. Avg. Full
Principal Balance Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
0.01 - 25,000.00 115 2,356,064.74 0.97 20,487.52 11.6 55.51 80.41
25,000.01 - 50,000.00 811 31,352,128.53 12.91 38,658.60 10.84 67.95 87.27
50,000.01 - 75,000.00 817 50,562,365.09 20.82 61,887.84 10.41 74.49 89.62
75,000.01 - 100,000.00 546 47,507,669.52 19.57 87,010.38 10.22 76.14 82.52
100,000.01 - 125,000.00 301 33,617,305.11 13.85 111,685.40 10.06 76.95 81.25
125,000.01 - 150,000.00 172 23,640,005.57 9.74 137,441.89 9.92 77.88 81.64
150,000.01 - 175,000.00 83 13,503,002.81 5.56 162,686.78 9.86 77.45 81.69
175,000.01 - 200,000.00 66 12,309,379.60 5.07 186,505.75 9.85 77.7 74.21
200,000.01 - 225,000.00 43 9,106,204.67 3.75 211,772.20 9.77 77.42 65.13
225,000.01 - 250,000.00 19 4,503,522.41 1.85 237,027.50 9.43 78.28 73.43
250,000.01 - 275,000.00 15 3,892,912.47 1.6 259,527.50 9.78 77.66 79.63
275,000.01 - 300,000.00 12 3,486,570.20 1.44 290,547.52 9.46 75.02 50.48
300,000.01 - 325,000.00 8 2,484,274.70 1.02 310,534.34 9.52 83.71 100
325,000.01 - 350,000.00 5 1,697,147.27 0.7 339,429.45 10.36 75.89 80.8
350,000.00 - 400,000.00 4 1,528,462.46 0.63 382,115.62 8.64 73.49 49.05
400,000.01 - 450,000.00 3 1,256,801.95 0.52 418,933.98 9.11 73.85 100
- ---------- ---------- - ------------ ---- ---------- ---- ----- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 9,996.34
Max: 431,053.02
Average: 80,398.61
</TABLE>
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Current Coupons Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5.01 - 6.00 2 151,349.00 0.06 75,674.50 5.99 82.07 50.22
6.01 - 7.00 10 1,564,256.24 0.64 156,425.62 6.85 73.71 78.29
7.01 - 8.00 45 5,259,432.57 2.17 116,876.28 7.77 74.64 72.74
8.01 - 9.00 333 34,767,586.07 14.32 104,407.17 8.69 76.1 82.42
9.01 - 10.00 797 72,764,429.14 29.97 91,297.90 9.64 76.31 82.72
10.01 - 11.00 1,014 78,025,502.93 32.14 76,948.23 10.54 75.73 84.77
11.01 - 12.00 586 37,982,962.03 15.64 64,817.34 11.52 73.49 81.99
12.01 - 13.00 152 8,392,594.80 3.46 55,214.44 12.5 69.29 74.24
13.01 - 14.00 42 2,169,173.54 0.89 51,646.99 13.44 62.24 69.21
14.01 - 15.00 38 1,679,737.39 0.69 44,203.62 14.39 58.98 88.01
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
- --------- ---- --------- ---- -- ---
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 5.99
Max: 15.10
WAC: 10.19
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Original Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,472.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 120
Max: 360
Weighted Average: 359.09
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Remaining Principal of Principal Avg. Avg. Full
Terms to Maturity Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 120 2 49,572.93 0.02 24,786.47 11.6 36.22 100
121 - 180 15 766,196.77 0.32 51,079.78 9.4 76.63 97.53
181 - 240 11 592,404.22 0.24 53,854.93 9.85 75.3 100
301 - 360 2,992 241,395,643.18 99.42 80,680.36 10.19 75.12 82.49
----- -------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 117
Max: 360
Weighted Average: 357.75
</TABLE>
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------
Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Seasoning Count Balance Total Balance Coupon CLTV Doc
- --------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 1 1,813 146,025,742.31 60.14 80,543.71 10.14 74.97 82.08
2 - 12 1,207 96,778,074.79 39.86 80,180.68 10.27 75.33 83.34
----- ------------- ----- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0
Max: 10
Weighted Average: 1.34
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Original LTV Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Original CLTV Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
5.01 - 10.00 1 10,990.94 0 10,990.94 10.35 6.38 100
10.01 - 15.00 2 41,980.44 0.02 20,990.22 11.62 13.37 0
15.01 - 20.00 2 51,969.35 0.02 25,984.68 11.38 15.9 19.24
20.01 - 25.00 8 374,718.72 0.15 46,839.84 10.4 23.41 51.71
25.01 - 30.00 21 992,999.08 0.41 47,285.67 10.53 27.43 38.17
30.01 - 35.00 16 648,024.86 0.27 40,501.55 11.39 32.51 71.18
35.01 - 40.00 27 1,096,997.71 0.45 40,629.54 10.54 37.97 69.45
40.01 - 45.00 42 1,656,987.25 0.68 39,452.08 10.84 42.78 51.52
45.01 - 50.00 88 4,033,490.54 1.66 45,835.12 11.23 48.52 59.45
50.01 - 55.00 60 3,271,187.87 1.35 54,519.80 10.51 53.16 59.22
55.01 - 60.00 143 7,975,664.82 3.28 55,773.88 10.48 58.55 57.79
60.01 - 65.00 233 15,404,673.98 6.34 66,114.48 10.53 63.62 65.22
65.01 - 70.00 348 27,437,543.46 11.3 78,843.52 10.15 68.96 63.09
70.01 - 75.00 578 45,485,915.40 18.73 78,695.36 10.32 74.33 75.66
75.01 - 80.00 953 82,899,266.66 34.14 86,987.69 10.13 79.42 91.76
80.01 greater than = 498 51,421,406.02 21.18 103,255.84 9.89 85.44 99.3
--- ------------- ----- ---------- ---- ----- ----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 6.38
Max: 100.00
Weighted Average: 75.11
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Junior Lien Ratio Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.00 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 0.00
Max: 0.00
Weighted Average: 0.00
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -----------------------------------------------------------------------------------------------------
Range of Outstanding Pct. Average Wtd. Wtd. Pct.
Debt to Income Principal of Principal Avg. Avg. Full
Ratio Count Balance Total Balance Coupon CLTV Doc
- ----- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0.01 - 5.00 2 271,450.05 0.11 135,725.03 10.23 70.36 0
5.01 - 10.00 23 1,320,458.12 0.54 57,411.22 10.91 64.62 30.18
10.01 - 15.00 44 2,298,850.23 0.95 52,246.60 10.57 64.91 60.05
15.01 - 20.00 135 7,596,425.11 3.13 56,269.82 10.42 71.16 69.33
20.01 - 25.00 222 13,812,421.00 5.69 62,218.11 10.33 73.17 84.58
25.01 - 30.00 329 21,511,996.23 8.86 65,386.01 10.4 73.03 80.08
30.01 - 35.00 394 29,230,021.36 12.04 74,187.87 10.24 75.02 85.86
35.01 - 40.00 505 40,688,050.70 16.76 80,570.40 10.2 75.67 80.82
40.01 - 45.00 571 49,542,949.05 20.4 86,765.23 10.15 75.85 81.9
45.01 - 50.00 653 59,747,778.33 24.61 91,497.36 10.15 76.34 85.72
50.01 - 55.00 127 14,288,815.16 5.88 112,510.36 9.82 75.75 87.45
55.01 - 60.00 15 2,494,601.76 1.03 166,306.78 9.43 75.98 91.75
-- ------------ ---- ---------- ---- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Min: 2.00
Max: 60.00
Weighted Average: 39.21
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Days Delinquent Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
0 - 29 2,972 239,197,670.33 98.51 80,483.74 10.18 75.1 82.69
30 - 59 45 3,385,380.86 1.39 75,230.69 10.93 76.36 77.87
60 - 89 3 220,765.91 0.09 73,588.64 10.12 69.84 37.37
- ---------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Index Type Count Balance Total Balance Coupon CLTV Doc
- ---------- ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Libor - 6 Month 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Product Type Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
ARM - 6 Month 1,636 127,829,808.91 52.65 78,135.58 9.99 75.11 81.83
ARM - 2 Year/6Month 1,223 98,756,977.02 40.67 80,749.78 10.38 74.79 82.91
ARM - 3 Year/6 Month 161 16,217,031.17 6.68 100,726.90 10.61 77.10 86.50
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Lien Position Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- ------- ----- ------- ------ ---- ---
1st Lien 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Balloon Count Balance Total Balance Coupon CLTV Doc
- ------- ----- ------- ----- ------- ------ ---- ---
Non-Balloon 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
----- -------------- --- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Property Principal of Principal Avg. Avg. Full
Type Count Balance Total Balance Coupon CLTV Doc
- ---- ----- ------- ----- ------- ------ ---- ---
Single Family 2,693 215,195,077.47 88.63 79,909.05 10.21 75.16 82.98
Detached
2-4 Family 116 9,938,087.17 4.09 85,673.17 10.2 74.19 74.48
PUD 50 6,761,855.75 2.78 135,237.12 9.5 77.1 77.43
Manufactured Housing 96 5,881,752.10 2.42 61,268.25 10.4 75.05 90.52
Condo 39 3,291,977.92 1.36 84,409.69 9.83 70.12 74.87
Single Family Attached 25 1,625,066.69 0.67 65,002.67 9.92 76.68 92.88
Mixed Use 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ---- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ==== ========== ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Loan Purpose Count Balance Total Balance Coupon CLTV Doc
- ------------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Debt Consolidation 2,053 159,558,667.78 65.72 77,719.76 10.21 74.91 84.87
Purchase 751 68,521,979.45 28.22 91,240.98 10.09 76.09 77.66
Debt Consol. & Home 98 7,092,500.30 2.92 72,372.45 10.37 71.54 80.82
Improve.
Other 54 4,165,596.75 1.72 77,140.68 10.65 75.89 78.62
Home Improvement 64 3,465,072.82 1.43 54,141.76 10.61 71.65 82.95
-- ------------ ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Occupancy Principal of Principal Avg. Avg. Full
Status Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
Owner Occupied 2,865 233,792,936.71 96.29 81,603.12 10.19 75.42 82.92
Investor Owned 155 9,010,880.39 3.71 58,134.71 10.16 67.12 73.77
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Documentation Level Count Balance Total Balance Coupon CLTV Doc
- ------------------- ----- ------- ----- ------- ------ ---- ---
Full Doc -Asset and 2,562 200,515,359.27 82.58 78,265.17 10.19 76.67 100
Income
No Income Verifier 248 24,115,154.81 9.93 97,238.53 10.18 70.23 0
No Documentation 210 18,173,303.02 7.48 86,539.54 10.24 64.39 0
--- ------------- ---- --------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== === ========= ===== ===== =====
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- -------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
States Count Balance Total Balance Coupon CLTV Doc
- ------ ----- ------- ----- ------- ------ ---- ---
<S> <C> <C> <C> <C> <C> <C> <C>
Michigan 948 59,044,777.72 24.32 62,283.52 10.82 72.82 85.43
California 204 26,498,047.33 10.91 129,892.39 9.26 76.61 75.46
Ohio 221 15,498,662.00 6.38 70,129.69 9.99 76.87 91.85
Colorado 127 12,141,063.43 5 95,598.92 10.04 74.45 78.99
Utah 112 11,482,302.62 4.73 102,520.56 9.85 76.86 89.35
Washington 104 10,797,424.13 4.45 103,821.39 9.41 75.23 69.7
Texas 104 9,967,861.20 4.11 95,844.82 10.1 75.65 78.7
Illinois 106 9,036,827.21 3.72 85,253.09 10.65 76.69 89.8
Arizona 84 7,248,456.73 2.99 86,291.15 9.92 77.81 79.86
New Mexico 71 6,942,843.56 2.86 97,786.53 10.55 75.07 59.7
Indiana 86 5,507,438.51 2.27 64,039.98 10.47 75.55 86.54
Florida 58 5,370,819.87 2.21 92,600.34 9.88 74.56 77.19
Iowa 97 4,927,714.27 2.03 50,801.18 10.61 75.11 94.15
Missouri 76 4,836,704.56 1.99 63,640.85 10.55 75.78 94.38
Maryland 40 4,152,214.27 1.71 103,805.36 9.91 76.9 94.54
Oregon 44 3,972,267.64 1.64 90,278.81 9.93 73.95 74.61
Connecticut 39 3,914,512.00 1.61 100,372.10 9.83 74.39 82.41
Wisconsin 63 3,820,818.30 1.57 60,647.91 10.44 72.87 87.3
Kentucky 42 2,975,407.72 1.23 70,843.04 9.48 79.45 91.12
Georgia 25 2,823,803.48 1.16 112,952.14 10.71 80.24 81.46
North Carolina 40 2,766,928.89 1.14 69,173.22 10.38 75.14 87.15
New York 23 2,584,022.30 1.06 112,348.80 10.11 72.69 89.3
Pennsylvania 28 2,535,309.95 1.04 90,546.78 10.45 77.46 82.48
Tennessee 23 2,512,125.37 1.03 109,222.84 10.23 80.42 93.49
Nevada 22 2,502,630.46 1.03 113,755.93 9.99 76.94 83.98
Kansas 41 2,392,621.74 0.99 58,356.63 10.73 76.51 87.16
Massachusetts 21 2,271,568.48 0.94 108,169.93 10.18 74.49 80.23
Idaho 28 2,110,608.77 0.87 75,378.88 10.06 73.01 70.85
Hawaii 10 1,797,612.92 0.74 179,761.29 9.46 68.55 74.07
New Jersey 15 1,525,613.40 0.63 101,707.56 11.08 75.43 91.48
Minnesota 21 1,434,255.43 0.59 68,297.88 10.56 71.77 72.53
Montana 10 1,220,098.26 0.5 122,009.83 9.57 76.17 67.23
Nebraska 19 1,029,848.27 0.42 54,202.54 9.94 73.04 89.62
Virginia 11 1,018,140.18 0.42 92,558.20 10.08 74.42 83.74
Oklahoma 11 879,951.14 0.36 79,995.56 10.37 78.29 68.34
Rhode Island 7 747,256.49 0.31 106,750.93 9.89 66.81 38.25
South Carolina 10 620,954.56 0.26 62,095.46 10.32 76.59 83.97
West Virginia 9 463,103.82 0.19 51,455.98 10.29 75.2 100
Wyoming 5 342,799.76 0.14 68,559.95 10.83 79.84 73.31
Arkansas 6 330,335.08 0.14 55,055.85 10.1 68.6 80.94
New Hampshire 3 237,224.02 0.1 79,074.67 9.84 74.98 100
Maine 1 155,905.49 0.06 155,905.49 8.5 75 0
District of Columbia 2 154,477.35 0.06 77,238.68 10.74 75 100
Louisiana 1 112,500.00 0.05 112,500.00 9.7 82.12 100
Delaware 1 71,969.80 0.03 71,969.80 10.25 79.56 100
South Dakota 1 25,988.62 0.01 25,988.62 10.05 65 0
----- -------------- ----- --------- ----- ----- ------
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========= ===== ===== ======
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- ---------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Credit Rating Count Balance Total Balance Coupon CLTV Doc
- ------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
A 1,268 120,925,675.18 49.8 95,367.25 9.72 77.26 76.32
B 832 64,051,964.54 26.38 76,985.53 10.19 74.59 86.27
C 767 50,799,405.28 20.92 66,231.30 11.03 72.78 92.15
D 152 6,916,772.10 2.85 45,505.08 12.29 59.68 88.93
M 1 110,000.00 0.05 110,000.00 11.6 68.75 0
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Outstanding Pct. Average Wtd. Wtd. Pct.
Range of Principal of Principal Avg. Avg. Full
Margins Count Balance Total Balance Coupon CLTV Doc
- --------------- ----- ------------- ----- ---------- ------ ----- -----
0.00 - 3.99 10 1,473,802.59 0.61 147,380.26 9.27 80.49 64.42
4.00 - 4.99 86 9,626,117.65 3.96 111,931.60 9 76.58 89.86
5.00 - 5.99 700 71,159,741.41 29.31 101,656.77 9.39 76.55 84.39
6.00 - 6.99 1,045 85,097,755.46 35.05 81,433.26 10.14 76 82.64
7.00 - 7.99 798 54,367,025.07 22.39 68,129.10 10.87 73.48 81.4
8.00 - 8.99 319 17,713,584.82 7.3 55,528.48 11.79 70.31 78.45
9.00 - 9.99 59 3,290,676.97 1.36 55,774.19 12.87 67.69 70.74
10.00 - 10.99 3 75,113.13 0.03 25,037.71 14.19 55.81 72.85
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 0.000
Max: 10.750
Weighted Average: 6.510
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Initial Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C>
1.000 1,643 128,374,613.77 52.87 78,134.27 9.99 75.11 81.9
1.250 1 104,949.75 0.04 104,949.75 9.63 70 100
1.500 4 268,605.31 0.11 67,151.33 10.58 70.89 66.12
2.000 8 830,867.12 0.34 103,858.39 10.57 80.57 100
2.375 1 102,937.59 0.04 102,937.59 8.5 64.38 100
3.000 1,339 111,241,879.21 45.82 83,078.33 10.4 75.07 83.12
6.000 24 1,879,964.35 0.77 78,331.85 11.26 76.98 89.78
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 6.000
Weighted Average: 1.960
Outstanding Pct. Average Wtd. Wtd. Pct.
Periodic Principal of Principal Avg. Avg. Full
Rate Cap Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
1.00 2,864 226,621,607.16 93.34 79,127.66 10.24 75.17 83.03
1.25 1 104,949.75 0.04 104,949.75 9.63 70 100
1.50 150 15,389,206.64 6.34 102,594.71 9.46 74.11 75.08
2.00 1 194,000.00 0.08 194,000.00 10.5 77.6 100
3.00 4 494,053.55 0.2 123,513.39 11.07 79.45 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 1.000
Max: 3.000
Weighted Average: 1.037
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Maximum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11.01 - 12.00 1 76,000.00 0.03 76,000.00 5.99 100 100
12.01 - 13.00 6 907,890.24 0.37 151,315.04 6.88 71.97 79.61
13.01 - 14.00 33 4,206,198.18 1.73 127,460.55 7.66 75.44 77.73
14.01 - 15.00 204 21,514,455.36 8.86 105,463.02 8.58 75.93 79.48
15.01 - 16.00 728 66,982,659.77 27.59 92,009.15 9.42 76.17 83.48
16.01 - 17.00 1,054 83,802,214.33 34.51 79,508.74 10.33 75.94 85.26
17.01 - 18.00 678 46,608,172.32 19.2 68,743.62 11.21 73.64 80.92
18.01 - 19.00 210 13,407,117.17 5.52 63,843.42 12.01 72.91 77.6
19.01 - 20.00 56 3,114,355.96 1.28 55,613.50 12.98 65.5 63.25
20.01 - 21.00 40 1,758,120.67 0.72 43,953.02 14.16 62.8 89.59
21.01 - 22.00 9 379,839.71 0.16 42,204.41 14.32 53.86 72.26
22.01 - 23.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 11.990
Max: 22.100
Weighted Average: 16.447
<PAGE>
- --------------------------------------------------------------------------------------------------------------------------------
Outstanding Pct. Average Wtd. Wtd. Pct.
Principal of Principal Avg. Avg. Full
Minimum Rate Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- ----
3.01 - 4.00 1 110,516.35 0.05 110,516.35 10.38 74.97 100
4.01 - 5.00 3 296,543.49 0.12 98,847.83 8.77 74.59 100
5.01 - 6.00 12 1,047,267.61 0.43 87,272.30 8.86 77.38 83.69
6.01 - 7.00 24 3,225,639.15 1.33 134,401.63 8.51 77.13 78.25
7.01 - 8.00 57 6,223,564.34 2.56 109,185.34 8.25 74.99 72.94
8.01 - 9.00 334 34,674,980.99 14.28 103,817.31 8.73 75.95 82.37
9.01 - 10.00 783 71,279,594.40 29.36 91,033.96 9.64 76.28 82.81
10.01 - 11.00 1,002 76,893,685.01 31.67 76,740.20 10.54 75.74 85.01
11.01 - 12.00 576 37,062,246.51 15.26 64,344.18 11.52 73.33 81.62
12.01 - 13.00 151 8,379,587.13 3.45 55,493.95 12.51 69.15 74.2
13.01 - 14.00 39 1,966,489.35 0.81 50,422.80 13.44 61.83 66.04
14.01 - 15.00 37 1,596,909.38 0.66 43,159.71 14.38 58.92 87.39
15.01 - 16.00 1 46,793.39 0.02 46,793.39 15.1 65 100
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min: 4.000
Max: 15.100
Weighted Average: 10.122
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
<TABLE>
<CAPTION>
ContiMortgage Home Equity Loan Trust 1997-3 ARM
- --------------------------------------------------------------------------------------------------------------------------------
Next Rate Outstanding Pct. Average Wtd. Wtd. Pct.
Adjustment Principal of Principal Avg. Avg. Full
Date Count Balance Total Balance Coupon CLTV Doc
- ----------------- ----- -------------- ----- ---------- ------ ----- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1997-05 6 666,319.56 0.27 111,053.26 10.07 77.98 71.47
1997-06 45 3,680,976.26 1.52 81,799.47 9.94 77.24 81.21
1997-07 72 5,683,836.40 2.34 78,942.17 10.03 77.65 85.73
1997-08 392 31,878,314.32 13.13 81,322.23 10.33 75.73 79.63
1997-09 419 30,189,928.25 12.43 72,052.33 10.05 73.81 85.04
1997-10 495 38,590,987.28 15.89 77,961.59 9.8 74.78 81.39
1997-11 199 16,443,796.84 6.77 82,632.14 9.65 75.39 79.99
1997-12 8 695,650.00 0.29 86,956.25 10.06 79.9 92.99
1998-09 1 126,375.42 0.05 126,375.42 8.9 84.95 100
1998-11 4 199,206.32 0.08 49,801.58 11.39 75.1 93.98
1998-12 7 343,041.33 0.14 49,005.90 10.44 70.82 100
1999-01 24 1,830,770.10 0.75 76,282.09 11.1 80.71 90.75
1999-02 110 10,084,825.92 4.15 91,680.24 10.42 76.61 82.84
1999-03 219 18,018,894.73 7.42 82,278.06 10.32 73.05 81.35
1999-04 429 35,286,858.69 14.53 82,253.75 10.37 74.75 81.97
1999-05 392 30,845,204.51 12.7 78,686.75 10.32 74.92 83.49
1999-06 37 2,021,800.00 0.83 54,643.24 11.32 74.66 92.71
1999-09 1 123,918.97 0.05 123,918.97 11.13 90 100
1999-12 3 389,364.30 0.16 129,788.10 10.21 73.71 100
2000-01 5 430,133.94 0.18 86,026.79 12.48 74.86 100
2000-02 15 1,118,679.59 0.46 74,578.64 11.22 76.58 87.21
2000-03 44 4,642,456.33 1.91 105,510.37 10.45 77.81 92.23
2000-04 51 4,780,653.04 1.97 93,738.29 10.62 76.61 82.73
2000-05 42 4,731,825.00 1.95 112,662.50 10.46 77.19 81.82
----- -------------- ----- ---------- ----- ----- -----
Total: 3,020 242,803,817.10 100 80,398.61 10.19 75.11 82.58
===== ============== ===== ========== ===== ===== =====
Min (in months): 1
Max: 35
Weighted Average: 13.06
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 7 5
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 12.81 9.69 7.10 6.26 5.27 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
Window Mnths 111 2 52 57 51 47 28 18
Class A-8
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
Start Prin 5/15/24 5/15/12 5/15/12 8/15/09 2/15/07 4/15/06 2/15/04 7/15/01
End Prin 1/15/24 3/15/23 11/15/17 1/15/14 5/15/12 5/15/12 10/15/11 1/15/07
Window Mnths 33 131 67 54 64 74 93 77
Class A-9
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/09 5/15/12 5/15/12 5/15/12 5/15/12 8/15/11 9/15/07
Window Mnths 143 143 143 143 142 141 131 78
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-1F
Avg Life 18.16 11.58 9.00 7.21 5.85 5.46 5.00 4.23
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 5/15/26 8/15/16 12/15/12 5/15/12 8/15/10 8/15/09 5/15/08 5/15/05
Window Mnths 169 157 135 140 122 109 94 55
Class M-2F
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
Start Prin 5/15/12 8/15/03 10/15/00 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 7/15/25 12/15/13 5/15/12 6/15/11 10/15/08 12/15/07 11/15/06 4/15/04
Window Mnths 159 125 128 129 100 90 77 46
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.89 4.48 3.35 2.63 2.12 1.70 1.28 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 4/15/27 10/15/23 4/15/19 2/15/15 12/15/11 7/15/09 9/15/07 10/15/99
Window Mnths 358 316 262 212 174 145 123 28
Class M-1A
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 4/15/27 9/15/21 10/15/16 12/15/12 2/15/10 1/15/08 5/15/06 1/15/05
Window Mnths 49 226 184 149 114 85 61 64
Class M-2A
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 3/15/27 10/15/19 11/15/14 4/15/11 9/15/08 11/15/06 6/15/05 5/15/04
Window Mnths 48 203 161 129 98 75 57 39
Class B-1A
Avg Life 27.97 10.21 7.60 5.96 4.88 4.22 3.81 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 1/15/27 6/15/16 12/15/11 11/15/08 10/15/06 3/15/05 1/15/04 4/15/02
Window Mnths 46 163 126 100 76 57 43 22
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-1
Avg Life 4.83 0.86 0.67 0.57 0.50 0.48 0.45 0.38
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
Window Mnths 111 18 14 12 10 10 9 8
Class A-2
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
Start Prin 9/15/06 12/15/98 8/15/98 6/15/98 4/15/98 4/15/98 3/15/98 2/15/98
End Prin 5/15/12 7/15/00 8/15/99 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
Window Mnths 69 20 13 10 8 7 7 5
Class A-3
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
Start Prin 5/15/12 8/15/99 7/15/00 3/15/99 11/15/98 10/15/98 9/15/98 6/15/98
End Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
Window Mnths 1 43 29 20 16 15 13 10
Class A-4
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.50 1.90
Start Prin 5/15/12 1/15/04 12/15/01 10/15/00 2/15/00 12/15/99 9/15/99 3/15/99
End Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
Window Mnths 1 36 19 14 11 7 11 5
Class A-5
Avg Life 15.19 11.12 7.22 5.17 4.05 3.70 3.14 2.24
Start Prin 5/15/12 12/15/06 6/15/03 11/15/01 12/15/00 6/15/00 3/15/00 7/15/99
End Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
Window Mnths 16 41 35 20 15 16 13 5
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-6
Avg Life 16.92 13.81 9.72 6.62 5.04 4.60 4.06 2.54
Start Prin 8/15/13 4/15/10 4/15/06 6/15/03 2/15/02 9/15/01 3/15/01 11/15/99
End Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
Window Mnths 20 25 23 19 11 10 9 4
Class A-7
Avg Life 23.08 14.92 11.93 9.04 6.72 6.04 5.25 3.02
Start Prin 3/15/15 4/15/12 2/15/08 12/15/04 12/15/02 6/15/02 11/15/01 2/15/00
End Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
Window Mnths 111 2 20 25 26 24 22 18
Class A-8
Avg Life 27.45 14.93 12.26 9.51 7.59 6.93 6.18 4.43
Start Prin 5/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 7/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 8 1 1 1 1 1 1 6
Class A-9
Avg Life 12.09 8.07 7.28 6.73 6.23 5.95 5.56 4.46
Start Prin 7/15/00 7/15/00 7/15/00 7/15/00 8/15/00 9/15/00 10/15/00 4/15/01
End Prin 5/15/12 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 143 143 111 78 54 45 35 9
Class M-1F
Avg Life 18.08 11.38 8.53 6.56 5.29 4.92 4.51 3.88
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 8/15/00 8/15/00 11/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 46 37 14
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class M-2F
Avg Life 17.91 11.38 8.53 6.56 5.29 4.90 4.47 3.67
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 152 106 96 75 55 47 38 18
Class B-1F
Avg Life 15.87 11.00 7.91 6.07 4.90 4.56 4.16 3.38
Start Prin 5/15/12 8/15/03 10/15/01 10/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 6/15/18 5/15/12 3/15/09 7/15/06 9/15/04 3/15/04 6/15/03 11/15/01
Window Mnths 74 106 90 70 51 45 36 17
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Average Life Sensitivities: Priced to Call
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Class A-10
Avg Life 20.69 4.28 3.22 2.52 2.03 1.64 1.25 0.90
Start Prin 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97 7/15/97
End Prin 12/15/24 5/15/12 9/15/09 12/15/04 1/15/06 8/15/03 8/15/03 10/15/99
Window Mnths 330 179 147 114 91 83 74 28
Class M-1A
Avg Life 27.23 10.18 7.75 6.06 5.01 4.73 5.14 2.75
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 9/15/00 1/15/01 5/15/01 10/15/99
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 53 41 28 27
Class M-2A
Avg Life 27.23 10.18 7.75 6.06 4.96 4.44 4.19 4.32
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 8/15/00 9/15/00 10/15/00 3/15/01
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 54 45 35 10
Class B-1A
Avg Life 27.23 9.98 7.53 5.89 4.81 4.20 3.80 3.50
Start Prin 4/15/23 12/15/02 7/15/01 8/15/00 7/15/00 7/15/00 7/15/00 7/15/00
End Prin 12/15/24 5/15/12 9/15/09 12/15/06 1/15/05 5/15/04 8/15/03 12/15/01
Window Mnths 21 114 99 77 55 47 38 18
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-1
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 86 38 13 0 0 0 0 0
6/15/99 78 0 0 0 0 0 0 0
6/15/00 70 0 0 0 0 0 0 0
6/15/01 61 0 0 0 0 0 0 0
6/15/02 50 0 0 0 0 0 0 0
6/15/03 39 0 0 0 0 0 0 0
6/15/04 27 0 0 0 0 0 0 0
6/15/05 16 0 0 0 0 0 0 0
9/15/06 3 0 0 0 0 0 0 0
6/15/07 0 0 0 0 0 0 0 0
6/15/08 0 0 0 0 0 0 0 0
6/15/09 0 0 0 0 0 0 0 0
6/15/10 0 0 0 0 0 0 0 0
6/15/11 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 4.83 0.86 0.67 0.57 0.5 0.48 0.45 0.38
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-2
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 89 66 56 42 0
6/15/99 100 65 14 0 0 0 0 0
6/15/00 100 2 0 0 0 0 0 0
6/15/01 100 0 0 0 0 0 0 0
6/15/02 100 0 0 0 0 0 0 0
6/15/03 100 0 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 91 0 0 0 0 0 0 0
6/15/08 77 0 0 0 0 0 0 0
6/15/09 61 0 0 0 0 0 0 0
6/15/10 43 0 0 0 0 0 0 0
6/15/11 23 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.52 2.29 1.67 1.35 1.15 1.09 1.01 0.84
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-3
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 96
6/15/99 100 100 100 78 48 36 20 0
6/15/00 100 100 56 15 0 0 0 0
6/15/01 100 67 14 0 0 0 0 0
6/15/02 100 36 0 0 0 0 0 0
6/15/03 100 10 0 0 0 0 0 0
6/15/04 100 0 0 0 0 0 0 0
6/15/05 100 0 0 0 0 0 0 0
6/15/06 100 0 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 4.66 3.23 2.49 2.04 1.91 1.74 1.36
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-4
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 4
6/15/00 100 100 100 100 36 0 0 0
6/15/01 100 100 100 34 0 0 0 0
6/15/02 100 100 57 0 0 0 0 0
6/15/03 100 100 0 0 0 0 0 0
6/15/04 100 79 0 0 0 0 0 0
6/15/05 100 47 0 0 0 0 0 0
6/15/06 100 15 0 0 0 0 0 0
6/15/07 100 0 0 0 0 0 0 0
6/15/08 100 0 0 0 0 0 0 0
6/15/09 100 0 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 14.93 7.98 5.19 3.88 3.04 2.77 2.5 1.9
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-5
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 96 38 0
6/15/01 100 100 100 100 48 17 0 0
6/15/02 100 100 100 55 0 0 0 0
6/15/03 100 100 98 0 0 0 0 0
6/15/04 100 100 49 0 0 0 0 0
6/15/05 100 100 22 0 0 0 0 0
6/15/06 100 100 0 0 0 0 0 0
6/15/07 100 82 0 0 0 0 0 0
6/15/08 100 51 0 0 0 0 0 0
6/15/09 100 22 0 0 0 0 0 0
6/15/10 100 0 0 0 0 0 0 0
6/15/11 100 0 0 0 0 0 0 0
6/15/12 37 0 0 0 0 0 0 0
6/15/13 5 0 0 0 0 0 0 0
8/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.19 11.12 7.22 5.17 4.05 3.7 3.14 2.24
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-6
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 0
6/15/01 100 100 100 100 100 100 50 0
6/15/02 100 100 100 100 46 0 0 0
6/15/03 100 100 100 97 0 0 0 0
6/15/04 100 100 100 14 0 0 0 0
6/15/05 100 100 100 0 0 0 0 0
6/15/06 100 100 87 0 0 0 0 0
6/15/07 100 100 31 0 0 0 0 0
6/15/08 100 100 0 0 0 0 0 0
6/15/09 100 100 0 0 0 0 0 0
6/15/10 100 88 0 0 0 0 0 0
6/15/11 100 37 0 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 41 0 0 0 0 0 0 0
3/15/15 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 16.92 13.81 9.72 6.62 5.04 4.6 4.06 2.54
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-7
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 15
6/15/01 100 100 100 100 100 100 100 2
6/15/02 100 100 100 100 100 95 55 0
6/15/03 100 100 100 100 73 47 15 0
6/15/04 100 100 100 100 38 17 0 0
6/15/05 100 100 100 88 28 11 0 0
6/15/06 100 100 100 63 11 0 0 0
6/15/07 100 100 100 40 0 0 0 0
6/15/08 100 100 89 19 0 0 0 0
6/15/09 100 100 65 2 0 0 0 0
6/15/10 100 100 43 0 0 0 0 0
6/15/11 100 100 24 0 0 0 0 0
6/15/12 100 0 0 0 0 0 0 0
6/15/13 100 0 0 0 0 0 0 0
6/15/14 100 0 0 0 0 0 0 0
6/15/15 98 0 0 0 0 0 0 0
6/15/16 91 0 0 0 0 0 0 0
6/15/17 84 0 0 0 0 0 0 0
6/15/18 75 0 0 0 0 0 0 0
6/15/19 65 0 0 0 0 0 0 0
6/15/20 54 0 0 0 0 0 0 0
6/15/21 42 0 0 0 0 0 0 0
6/15/22 29 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
5/15/24 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 23.08 14.92 12.81 9.69 7.1 6.26 5.27 3.02
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-8
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 100 100 100 100 100
6/15/02 100 100 100 100 100 100 100 28
6/15/03 100 100 100 100 100 100 100 7
6/15/04 100 100 100 100 100 100 86 4
6/15/05 100 100 100 100 100 100 82 4
6/15/06 100 100 100 100 100 94 65 4
6/15/07 100 100 100 100 90 70 47 3
6/15/08 100 100 100 100 67 51 32 0
6/15/09 100 100 100 100 49 36 18 0
6/15/10 100 100 100 80 36 22 8 0
6/15/11 100 100 100 62 23 12 1 0
6/15/12 100 92 40 10 0 0 0 0
6/15/13 100 71 27 3 0 0 0 0
6/15/14 100 53 15 0 0 0 0 0
6/15/15 100 41 8 0 0 0 0 0
6/15/16 100 36 4 0 0 0 0 0
6/15/17 100 29 1 0 0 0 0 0
6/15/18 100 22 0 0 0 0 0 0
6/15/19 100 17 0 0 0 0 0 0
6/15/20 100 12 0 0 0 0 0 0
6/15/21 100 7 0 0 0 0 0 0
6/15/22 100 3 0 0 0 0 0 0
6/15/23 100 0 0 0 0 0 0 0
6/15/24 95 0 0 0 0 0 0 0
6/15/25 64 0 0 0 0 0 0 0
6/15/26 27 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.38 18.38 15.72 14.24 12.27 11.42 9.98 5.02
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-9
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 99 94 90 89 89 89 89 95
6/15/02 98 87 83 80 78 77 76 75
6/15/03 97 77 72 66 61 59 56 50
6/15/04 95 67 60 52 45 42 39 29
6/15/05 87 46 34 24 17 15 13 16
6/15/06 79 31 19 11 7 5 4 5
6/15/07 72 20 11 5 2 2 1 0
6/15/08 65 14 6 2 1 1 0 0
6/15/09 57 9 3 1 0 0 0 0
6/15/10 49 6 2 0 0 0 0 0
6/15/11 42 4 1 0 0 0 0 0
5/15/12 0 0 0 0 0 0 0 0
6/15/12 0 0 0 0 0 0 0 0
6/15/13 0 0 0 0 0 0 0 0
6/15/14 0 0 0 0 0 0 0 0
6/15/15 0 0 0 0 0 0 0 0
6/15/16 0 0 0 0 0 0 0 0
6/15/17 0 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 12.09 8.07 7.32 6.83 6.51 6.41 6.31 6.24
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 18
6/15/03 100 100 74 52 36 31 25 10
6/15/04 100 90 61 41 27 22 17 5
6/15/05 100 79 51 32 20 16 12 0
6/15/06 100 69 42 25 14 11 8 0
6/15/07 100 61 35 19 10 8 3 0
6/15/08 100 53 29 15 8 4 0 0
6/15/09 100 46 24 12 4 0 0 0
6/15/10 100 40 19 9 0 0 0 0
6/15/11 100 34 16 7 0 0 0 0
6/15/12 47 10 1 0 0 0 0 0
6/15/13 41 8 0 0 0 0 0 0
6/15/14 34 5 0 0 0 0 0 0
6/15/15 29 2 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 23 0 0 0 0 0 0 0
6/15/20 21 0 0 0 0 0 0 0
6/15/21 19 0 0 0 0 0 0 0
6/15/22 16 0 0 0 0 0 0 0
6/15/23 14 0 0 0 0 0 0 0
6/15/24 11 0 0 0 0 0 0 0
6/15/25 7 0 0 0 0 0 0 0
5/15/26 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 18.16 11.58 9 7.21 5.85 5.46 5 4.23
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 30
6/15/02 100 100 88 67 49 44 36 15
6/15/03 100 100 74 52 36 31 25 5
6/15/04 100 90 61 41 27 21 14 0
6/15/05 100 79 51 32 18 13 7 0
6/15/06 100 69 42 25 10 6 1 0
6/15/07 100 61 35 17 5 2 0 0
6/15/08 100 53 29 11 1 0 0 0
6/15/09 100 46 23 7 0 0 0 0
6/15/10 100 40 17 3 0 0 0 0
6/15/11 100 34 12 0 0 0 0 0
6/15/12 47 4 0 0 0 0 0 0
6/15/13 41 1 0 0 0 0 0 0
6/15/14 34 0 0 0 0 0 0 0
6/15/15 29 0 0 0 0 0 0 0
6/15/16 28 0 0 0 0 0 0 0
6/15/17 27 0 0 0 0 0 0 0
6/15/18 25 0 0 0 0 0 0 0
6/15/19 22 0 0 0 0 0 0 0
6/15/20 20 0 0 0 0 0 0 0
6/15/21 17 0 0 0 0 0 0 0
6/15/22 13 0 0 0 0 0 0 0
6/15/23 9 0 0 0 0 0 0 0
6/15/24 5 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
7/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 17.92 11.41 8.92 6.96 5.62 5.23 4.77 3.89
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Fixed Rate Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1F
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 85 67 61 52 10
6/15/02 100 100 88 67 49 37 22 0
6/15/03 100 100 74 52 23 13 0 0
6/15/04 100 90 61 32 4 0 0 0
6/15/05 100 79 51 14 0 0 0 0
6/15/06 100 69 34 0 0 0 0 0
6/15/07 100 61 20 0 0 0 0 0
6/15/08 100 53 8 0 0 0 0 0
6/15/09 100 42 0 0 0 0 0 0
6/15/10 100 30 0 0 0 0 0 0
6/15/11 100 18 0 0 0 0 0 0
6/15/12 45 0 0 0 0 0 0 0
6/15/13 32 0 0 0 0 0 0 0
6/15/14 18 0 0 0 0 0 0 0
6/15/15 9 0 0 0 0 0 0 0
6/15/16 6 0 0 0 0 0 0 0
6/15/17 3 0 0 0 0 0 0 0
6/15/18 0 0 0 0 0 0 0 0
6/15/19 0 0 0 0 0 0 0 0
6/15/20 0 0 0 0 0 0 0 0
6/15/21 0 0 0 0 0 0 0 0
6/15/22 0 0 0 0 0 0 0 0
6/15/23 0 0 0 0 0 0 0 0
6/15/24 0 0 0 0 0 0 0 0
6/15/25 0 0 0 0 0 0 0 0
6/15/26 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 15.87 11 7.91 6.07 4.9 4.56 4.16 3.38
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche A-10
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 98 80 74 67 61 55 49 37
6/15/99 98 64 54 44 35 27 19 6
6/15/00 97 50 38 27 17 9 2 0
6/15/01 96 39 25 19 15 9 2 0
6/15/02 96 29 20 14 10 7 2 0
6/15/03 95 23 16 11 7 5 2 0
6/15/04 94 19 12 8 5 3 2 0
6/15/05 93 16 10 6 3 2 1 0
6/15/06 92 14 8 4 2 1 1 0
6/15/07 91 11 6 3 2 1 0 0
6/15/08 89 10 5 2 1 0 0 0
6/15/09 88 8 4 2 1 0 0 0
6/15/10 86 7 3 1 0 0 0 0
6/15/11 84 6 2 1 0 0 0 0
6/15/12 82 5 2 1 0 0 0 0
6/15/13 79 4 1 0 0 0 0 0
6/15/14 76 3 1 0 0 0 0 0
6/15/15 73 3 1 0 0 0 0 0
6/15/16 69 2 1 0 0 0 0 0
6/15/17 64 2 0 0 0 0 0 0
6/15/18 59 1 0 0 0 0 0 0
6/15/19 54 1 0 0 0 0 0 0
6/15/20 48 1 0 0 0 0 0 0
6/15/21 40 1 0 0 0 0 0 0
6/15/22 32 0 0 0 0 0 0 0
6/15/23 24 0 0 0 0 0 0 0
6/15/24 19 0 0 0 0 0 0 0
6/15/25 13 0 0 0 0 0 0 0
6/15/26 6 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 20.89 4.48 3.35 2.63 2.12 1.7 1.28 0.9
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 4
6/15/01 100 100 100 78 59 65 95 4
6/15/02 100 100 80 58 41 28 50 4
6/15/03 100 91 64 43 29 18 23 4
6/15/04 100 77 50 32 20 12 7 3
6/15/05 100 65 40 24 14 8 4 0
6/15/06 100 55 32 18 10 5 0 0
6/15/07 100 46 25 13 7 2 0 0
6/15/08 100 39 20 10 5 0 0 0
6/15/09 100 32 16 7 2 0 0 0
6/15/10 100 27 12 5 0 0 0 0
6/15/11 100 23 10 4 0 0 0 0
6/15/12 100 19 8 1 0 0 0 0
6/15/13 100 16 6 0 0 0 0 0
6/15/14 100 13 5 0 0 0 0 0
6/15/15 100 11 3 0 0 0 0 0
6/15/16 100 9 1 0 0 0 0 0
6/15/17 100 7 0 0 0 0 0 0
6/15/18 100 6 0 0 0 0 0 0
6/15/19 100 4 0 0 0 0 0 0
6/15/20 100 2 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
4/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.97 8.23 6.47 5.37 4.94 5.33 2.86
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche M-2A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 44 32 79
6/15/02 100 100 80 58 41 28 19 36
6/15/03 100 91 64 43 29 18 11 11
6/15/04 100 77 50 32 20 12 5 0
6/15/05 100 65 40 24 14 7 0 0
6/15/06 100 55 32 18 10 1 0 0
6/15/07 100 46 25 13 5 0 0 0
6/15/08 100 39 20 10 1 0 0 0
6/15/09 100 32 16 6 0 0 0 0
6/15/10 100 27 12 2 0 0 0 0
6/15/11 100 23 10 0 0 0 0 0
6/15/12 100 19 7 0 0 0 0 0
6/15/13 100 16 3 0 0 0 0 0
6/15/14 100 13 1 0 0 0 0 0
6/15/15 100 11 0 0 0 0 0 0
6/15/16 100 9 0 0 0 0 0 0
6/15/17 100 5 0 0 0 0 0 0
6/15/18 100 3 3 0 0 0 0 0
6/15/19 100 1 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 25 0 0 0 0 0 0 0
3/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 28.04 10.86 8.12 6.38 5.25 4.59 4.28 4.83
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
ARM Certificates
Decrement Tables: Priced to Maturity
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Tranche B-1A
Fixed Prepay PPM 0.00 PPM 50.00 PPM 75.00 PPM 100.00 PPM 125.00 PPM 135.00 PPM 150.00 PPM 200.00
ARM Prepay CPR 0.00 CPR 15.00 CPR 20.00 CPR 25.00 CPR 30.00 CPR 35.00 CPR 40.00 CPR 50.00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6/15/97 100 100 100 100 100 100 100 100
6/15/98 100 100 100 100 100 100 100 100
6/15/99 100 100 100 100 100 100 100 100
6/15/00 100 100 100 100 100 100 100 100
6/15/01 100 100 100 78 59 42 28 8
6/15/02 100 100 80 58 39 24 12 0
6/15/03 100 91 64 42 24 12 3 0
6/15/04 100 77 50 28 13 4 0 0
6/15/05 100 65 38 18 6 0 0 0
6/15/06 100 55 28 11 1 0 0 0
6/15/07 100 45 20 5 0 0 0 0
6/15/08 100 36 13 1 0 0 0 0
6/15/09 100 29 8 0 0 0 0 0
6/15/10 100 22 4 0 0 0 0 0
6/15/11 100 17 1 0 0 0 0 0
6/15/12 100 12 0 0 0 0 0 0
6/15/13 100 8 0 0 0 0 0 0
6/15/14 100 5 0 0 0 0 0 0
6/15/15 100 2 0 0 0 0 0 0
6/15/16 100 0 0 0 0 0 0 0
6/15/17 100 0 0 0 0 0 0 0
6/15/18 100 0 0 0 0 0 0 0
6/15/19 100 0 0 0 0 0 0 0
6/15/20 100 0 0 0 0 0 0 0
6/15/21 100 0 0 0 0 0 0 0
6/15/22 100 0 0 0 0 0 0 0
6/15/23 97 0 0 0 0 0 0 0
6/15/24 76 0 0 0 0 0 0 0
6/15/25 52 0 0 0 0 0 0 0
6/15/26 20 0 0 0 0 0 0 0
1/15/27 0 0 0 0 0 0 0 0
6/15/27 0 0 0 0 0 0 0 0
Avg Life 27.97 10.21 7.6 5.96 4.88 4.22 3.81 3.5
</TABLE>
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
1 7/15/97 9.18090
2 8/15/97 9.21156
3 9/15/97 9.27308
4 10/15/97 9.44852
5 11/15/97 9.60995
6 12/15/97 9.70739
7 1/15/98 9.71026
8 2/15/98 9.74092
9 3/15/98 9.80191
10 4/15/98 9.97741
11 5/15/98 10.1379
12 6/15/98 10.23536
13 7/15/98 10.23828
14 8/15/98 10.26899
15 9/15/98 10.33005
16 10/15/98 10.50568
17 11/15/98 10.66627
18 12/15/98 10.76382
19 1/15/99 10.76681
20 2/15/99 10.79762
21 3/15/99 10.85879
22 4/15/99 11.03462
23 5/15/99 12.40522
24 6/15/99 12.50273
25 7/15/99 12.50565
26 8/15/99 12.53640
27 9/15/99 12.59751
28 10/15/99 12.77331
29 11/15/99 13.37436
30 12/15/99 13.47190
31 1/15/00 13.47485
32 2/15/00 13.50563
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
33 3/15/00 13.56679
34 4/15/00 13.74267
35 5/15/00 14.56199
36 6/15/00 14.65948
37 7/15/00 14.66236
38 8/15/00 14.66984
39 9/15/00 14.68066
40 10/15/00 14.70752
41 11/15/00 15.25165
42 12/15/00 15.28301
43 1/15/01 15.28302
44 2/15/01 15.28303
45 3/15/01 15.28304
46 4/15/01 15.28305
47 5/15/01 15.38542
48 6/15/01 15.38542
49 7/15/01 15.38543
50 8/15/01 15.38543
51 9/15/01 15.38543
52 10/15/01 15.38544
53 11/15/01 15.43630
54 12/15/01 15.43631
55 1/15/02 15.43631
56 2/15/02 15.43631
57 3/15/02 15.43632
58 4/15/02 15.43632
59 5/15/02 15.43633
60 6/15/02 15.43633
61 7/15/02 15.43633
62 8/15/02 15.43634
63 9/15/02 15.43634
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
64 10/15/02 15.43634
65 11/15/02 15.43635
66 12/15/02 15.43635
67 1/15/03 15.43636
68 2/15/03 15.43636
69 3/15/03 15.43637
70 4/15/03 15.43637
71 5/15/03 15.43637
72 6/15/03 15.43638
73 7/15/03 15.43638
74 8/15/03 15.43639
75 9/15/03 15.43639
76 10/15/03 15.43640
77 11/15/03 15.43640
78 12/15/03 15.43640
79 1/15/04 15.43641
80 2/15/04 15.43641
81 3/15/04 15.43642
82 4/15/04 15.43642
83 5/15/04 15.43643
84 6/15/04 15.43643
85 7/15/04 15.43644
86 8/15/04 15.43644
87 9/15/04 15.43645
88 10/15/04 15.43645
89 11/15/04 15.43646
90 12/15/04 15.43646
91 1/15/05 15.43647
92 2/15/05 15.43647
93 3/15/05 15.43648
94 4/15/05 15.43648
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
95 5/15/05 15.43649
96 6/15/05 15.43650
97 7/15/05 15.43650
98 8/15/05 15.43651
99 9/15/05 15.43651
100 10/15/05 15.43652
101 11/15/05 15.43652
102 12/15/05 15.43653
103 1/15/06 15.43654
104 2/15/06 15.43654
105 3/15/06 15.43655
106 4/15/06 15.43655
107 5/15/06 15.43656
108 6/15/06 15.43657
109 7/15/06 15.43657
110 8/15/06 15.43658
111 9/15/06 15.43659
112 10/15/06 15.43659
113 11/15/06 15.43660
114 12/15/06 15.43661
115 1/15/07 15.43661
116 2/15/07 15.43662
117 3/15/07 15.43663
118 4/15/07 15.43663
119 5/15/07 15.43664
120 6/15/07 15.43665
121 7/15/07 15.43665
122 8/15/07 15.43666
123 9/15/07 15.43667
124 10/15/07 15.43668
125 11/15/07 15.43668
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
126 12/15/07 15.43669
127 1/15/08 15.43670
128 2/15/08 15.43671
129 3/15/08 15.43671
130 4/15/08 15.43672
131 5/15/08 15.43673
132 6/15/08 15.43674
133 7/15/08 15.43675
134 8/15/08 15.43675
135 9/15/08 15.43676
136 10/15/08 15.43677
137 11/15/08 15.43678
138 12/15/08 15.43679
139 1/15/09 15.43680
140 2/15/09 15.43681
141 3/15/09 15.43681
142 4/15/09 15.43682
143 5/15/09 15.43683
144 6/15/09 15.43684
145 7/15/09 15.43685
146 8/15/09 15.43686
147 9/15/09 15.43687
148 10/15/09 15.43688
149 11/15/09 15.43689
150 12/15/09 15.43690
151 1/15/10 15.43691
152 2/15/10 15.43692
153 3/15/10 15.43693
154 4/15/10 15.43694
155 5/15/10 15.43695
156 6/15/10 15.43696
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
<PAGE>
ContiMortgage Home Equity Loan Trust 1997-3
Available Funds Cap
30% CPR (ARMs prepayment speed), 125% PPM (Fixed rate prepayment speed)
- --------------------------------------------------------------------------------
Period Date Coupon
157 7/15/10 15.43697
158 8/15/10 15.43698
159 9/15/10 15.43699
160 10/15/10 15.43700
161 11/15/10 15.43701
162 12/15/10 15.43702
163 1/15/11 15.43703
164 2/15/11 15.43705
165 3/15/11 15.43706
166 4/15/11 15.43707
167 5/15/11 15.43708
168 6/15/11 15.43709
169 7/15/11 15.43710
170 8/15/11 15.43712
171 9/15/11 15.43713
172 10/15/11 15.43714
173 11/15/11 15.43715
174 12/15/11 15.43717
175 1/15/12 15.43718
176 2/15/12 15.43719
- --------------------------------------------------------------------------------
This information has been prepared in connection with the issuance of securities
representing interests in the above trust, and is based in part on information
provided by ContiMortgage Corporation with respect to the expected
characteristics of the pool of closed-end mortgage loans in which these
securities will represent undivided beneficial interests. The actual
characteristics and performance of the closed-end mortgage loans will differ
from the assumptions used in preparing these materials, which are hypothetical
in nature. Changes in the assumptions may have a material impact on the
information set forth in these materials. No representation is made that any
performance or return indicated herein will be achieved. For example, it is very
unlikely that closed-end mortgage loans will prepay at a constant rate or follow
a predictable pattern. This information may not be used or otherwise
disseminated in connection with the offer or sale of these or any other
securities, except in connection with the initial offer or sale of these
securities to you to the extent set forth below. NO REPRESENTATION IS MADE AS TO
THE APPROPRIATENESS, USEFULNESS, ACCURACY OR COMPLETENESS OF THESE MATERIALS OR
THE ASSUMPTIONS ON WHICH THEY ARE BASED. Additional information is available
upon request. These materials do not constitute an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
participate in any particular trading strategy. ANY SUCH OFFER TO BUY OR SELL
ANY SECURITY WOULD BE MADE PURSUANT TO A DEFINITIVE PROSPECTUS AND PROSPECTUS
SUPPLEMENT PREPARED BY THE ISSUER WHICH WOULD CONTAIN MATERIAL INFORMATION NOT
CONTAINED IN THESE MATERIALS. SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT WILL
CONTAIN ALL MATERIAL INFORMATION IN RESPECT OF ANY SUCH SECURITY OFFERED THEREBY
AND ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE SOLELY IN RELIANCE
UPON SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. ANY CAPITALIZED TERMS USED BUT
NOT DEFINED HEREIN ARE TO BE READ IN CONJUNCTION WITH SUCH PROSPECTUS AND
PROSPECTUS SUPPLEMENT. In the event of any such offering, these materials,
including any description of the closed-end mortgage loans contained herein,
shall be deemed superseded, amended and supplemented in their entirety by such
Prospectus and Prospectus Supplement.
- -------------------------------------------------------------------------------
