<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported) June 8, 1999
------------
ContiSecurities Asset Funding Corp.
----------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-61863 13-2937238
---------------------------- ------------------ ---------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) ID Number)
3811 West Charleston Boulevard, Las Vegas, Nevada 89102
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number,
including area code: (702)822-5386
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
Filing of Computational Materials and Consent of Independent Accountants.
This Current Report on Form 8-K is being filed to file a copy
of the Computational Materials (as defined below) prepared by Credit Suisse
First Boston, as an underwriter, in connection with the issuance by
ContiMortgage Home Equity Loan Trust 1999-3 of Home Equity Loan Pass-Through
Certificates, Series 1999-3. The term "Computational Materials" shall have the
meaning given in the No-Action Letter of May 20, 1994 issued by the Securities
and Exchange Commission (the "SEC") to Kidder, Peabody Acceptance Corporation I,
Kidder, Peabody & Co. Incorporated and Kidder Structured Asset Corporation, as
made applicable to other issuers and underwriters by the Commission in response
to the request of the Public Securities Association dated May 24, 1994, and as
supplemented in the No-Action Letter of February 17, 1995 issued by the SEC to
the Public Securities Association.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Computational Materials
2
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
CONTISECURITIES ASSET FUNDING CORP.,
as Depositor
By: /s/ John Banu
-------------------------------------
Name: John Banu
Title: Authorized Signatory
By: /s/ Mary Rapoport
-------------------------------------
Name: Mary Rapoport
Title: Authorized Signatory
Dated: June 8, 1999
3
<PAGE>
EXHIBIT INDEX
Exhibit Page
- ------- ----
99.1 Computational Materials
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
--------------------------------------------------------------
$760,000,000 (Approximate)
ContiMortgage
Home Equity Loan Trust 1999-3,
Class A Certificates
Home Equity ABS
--------------------------------------------------------------
Computational Materials
0
================================================================================
The above analysis is not intended to be a prospectus and any investment
decision with respect to the security should be made by you based solely upon
all of the information contained in the final prospectus. Under no circumstances
shall the information presented constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities may not be sold nor may an offer to buy be accepted prior to the
delivery of a final prospectus relating to the securities. The above preliminary
description of the underlying assets has been provided by the issuer and has not
been independently verified by Credit Suisse First Boston. All information
described above is preliminary, limited in nature and subject to completion or
amendment. Credit Suisse First Boston makes no representations that the above
referenced security will actually perform as described in any scenario
presented.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
<TABLE>
<CAPTION>
Expected Final
Class Ratings Scheduled
Size (Moody's/ Average Payment Payment Day
Class(1) ($ MM) Tranche Type S&P Life(2, 3) Date Window(2, 3) Count
================================================================================================================================
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 $209.100 Fixed Sequential Aaa / AAA 0.85 years/MAT 4/25/14 07/99-12/00 / 18 30/360
A-2 126.300 Fixed Sequential Aaa / AAA 2.00 years/MAT 1/25/18 12/00-12/01 / 13 30/360
A-3 72.700 Fixed Sequential Aaa / AAA 3.00 years/MAT 11/25/22 12/01-01/03 / 14 30/360
A-4 41.500 Fixed Sequential Aaa / AAA 4.00 years/MAT 1/25/25 01/03-11/03 / 11 30/360
A-5(4) 40.900 Fixed Sequential Aaa / AAA 5.00 years/MAT 10/25/26 11/03-02/05 / 16 30/360
A-6(3, 4) 72.700 Fixed Sequential Aaa / AAA 6.92 years/CALL [7/25/30] 02/05-09/06 / 20 30/360
A-7(3, 4) 44.800 Fixed NAS Aaa / AAA 6.11 years/CALL 4/25/14 08/02-09/06 / 50 30/360
A-8(3, 4) 152.000 ARM Floater Aaa / AAA 2.53 years/CALL [7/25/30] 07/99-09/06 / 87 Act/360
A-9 IO(5) (5) Fixed Rate Structured IO Aaa / AAAr N/A 12/25/01 07/99-12/01 / 30 30/360
- --------------------------------------------------------------------------------------------------------------------------------
Total $760.000
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
OTHER CERTIFICATES: The Class B Certificates of $40,000,000 are not offered
hereby.
- --------------------------------------------------------------------------------
(1) The Class A Certificates will have the benefit of an insurance
policy provided by Ambac.
(2) See "Pricing Prepayment Speed" below.
(3) All Certificates are priced to call. The coupon on the Class A-6 and
Class A-7 Certificates will increase by 0.50% after the clean up
call date. The spread on the Class A-8 Certificates will double
after the clean-up call date.
(4) See "Available Funds Cap" on page 2.
(5) Class A-9 IO will be sole managed by Credit Suisse First Boston.
This interest-only security accrues interest at a rate of 6.00% per
annum on its notional amount, initially $210,000,000. See "Class A-9
IO" on page 3 for more detail.
Sellers: ContiMortgage Corporation and ContiWest Corporation
Master Servicer: Norwest Bank of Minnesota, National Association. See
"Servicing Arrangement" on page 3 for more detail.
Servicer: ContiMortgage Corporation. See "Servicing
Arrangement" on page 3 for more detail.
Trustee: Manufacturers and Traders Trust Company
Managers: CREDIT SUISSE FIRST BOSTON (lead), Bear Stearns,
Greenwich Capital Markets, Merrill Lynch, Morgan
Stanley Dean Witter (co-managers), Societe Generale
(selling group)
Structure: o The Class A-1 through A-6 Certificates will be
fixed rate sequential pay Certificates.
o The Class A-7 Certificates will be fixed rate
non-accelerating senior Certificates which will
receive principal based upon a scheduled lockout
percentage.
o The Class A-8 Certificates will be floating rate
certificates.
o All of the Class A Certificates will be rated
triple-A, based upon a Certificate guaranty
insurance policy from Ambac.
o The Class B Certificates (not offered hereby)
will be fixed-rate, subordinate certificates.
o The Class B Certificates will provide credit
support to the triple-A fixed and floating rate
Certificates.
1
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral: There will be two collateral groups. Group I ($640.0
MM) will consist solely of fixed rate collateral and
will support Classes A-1 through A-7 and Class A-9
IO. Group II ($160.0 MM) will consist mainly of
hybrid ARM collateral and will support Class A-8.
Both groups will support class B.
Pricing Prepayment Fixed Rate Collateral
Speed: 130% of the prepayment assumption (the "FRM PPC")
will be applied to the Fixed Rate Collateral for
pricing purposes. 100% PPC for the Fixed Rate
Collateral describes prepayments starting at 4.0%
CPR in month 1, increasing by 1.4545% CPR per month
to 20% CPR in month 12, and remaining at 20% CPR
thereafter.
Adjustable Rate Collateral
100% of the prepayment assumption (the "ARM PPC")
will be applied to the Adjustable Rate Collateral
for pricing purposes. 100% PPC for the Adjustable
Rate Collateral describes prepayments starting at
4.0% CPR in month 1, increasing by 1.8235% CPR per
month to 35% CPR in month 18, and remaining at 35%
CPR thereafter.
Cut-Off Date Close of Business May 31, 1999.
Expected Pricing Date: June 10, 1999.
Expected Settlement: June 17, 1999 through DTC, Euroclear or CEDEL.
Accrued Interest: All of the fixed rate certificates will settle with
16 days of accrued interest. The Class A-8
Certificates will settle flat.
Distribution Dates: The 25th of each month, beginning July, 1999.
Optional Call: 10% Clean-up call (10% of original aggregate Group I
and Group II loan balances).
Step-up Coupon: The Pass-Through Rate for the Class A-6, Class A-7,
and Class B Certificates will increase by 0.50% for
any Payment Date after the Clean-Up Call Date.
The Pass-Through Rate for the Class A-8 Certificates
will equal (i) for any Payment Date prior to the
Clean-Up Call Date 1 Mo. LIBOR plus [ ]% per annum,
and (ii) for any Payment Date thereafter, 1 Mo.
LIBOR plus 2X [ ]% per annum, subject to the Group
II Available Funds Cap.
Available Funds Cap: Group I Available Funds Cap
The Class A-5, Class A-6, and Class A-7 Certificates
will be subject to an available funds cap equal to
the weighted average coupon rate of the aggregate
Group I Loans less the sum of: (a) an amount,
expressed as an annual percentage rate across the
Group I pool balance, equal to the sum of the
Servicing Fee (including Master Servicing Fee), the
Trustee Fee, the Certificate Insurer Fee, in each
case due with respect to the related period and (b)
for the first 30 Payment Dates only, the product of
(i) 6.00% per annum and (ii) the Class A-9 IO
Notional Principal Amount divided by the aggregate
Group I pool balance.
Group II Available Funds Cap
The Class A-8 Certificates will be subject to an
available funds cap equal to the weighted average
coupon rate of the Adjustable Rate Home Equity Loans
less the sum of: (a) an amount, expressed as an
annual percentage rate across the aggregate
Adjustable Rate Collateral pool balance, equal to
the sum of the Servicing Fee (including Master
Servicing Fee), the Trustee Fee, the Certificate
Insurer Fee, in each case due with respect to the
related period, and a 0.50% credit enhancement carve
out.
Class B Available Funds Cap
The Pass-Through Rate for the Class B Certificates
will equal the lesser of (a) the Pass-Through Rate
for such Class, and (b) the lesser of the Group I
and Group II Available Funds Cap.
Tax Status: REMIC
ERISA Eligibility: The Class A certificates are ERISA eligible.
SMMEA Eligibility: None of the offered certificates are SMMEA eligible.
2
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Class A-9 IO: The Class A-9 IO Certificates do not have a
Certificate Principal Balance but will accrue
interest at a rate of 6.00% per annum on their
Notional Amount. The "Notional Amount" of the Class
A-9 IO Certificates shall be the lesser of Group I
aggregate outstanding loan balance and the amounts
described below:
Months 1-3: $210,000,000
Months 4-6: 120,000,000
Months 7-9: 60,000,000
Months 10-12: 54,000,000
Months 13-15: 22,500,000
Months 16-18: 20,000,000
Months 19-21: 18,500,000
Months 22-24: 17,500,000
Months 25-27: 12,500,000
Months 28-30: 10,000,000
Thereafter: $ 0
Servicing Arrangement Norwest Bank will be Master Servicer for a minimum
of one year. During this time, ContiMortgage will be
the primary servicer, subject to Ambac's approval
for renewal every 60 days. After the first year has
expired, Norwest may be removed as Master Servicer
at the election of ContiMortgage, subject to Ambac
and rating agencies approvals.
3
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Credit Enhancement for Fixed and Floating Rate Certificates
o Class A-1 through A-8 Credit Enhancement:
1. Excess cash;
2. Overcollateralization building up to a requirement of 2.45% of the
aggregate original loan balance;
3. Subordination of Class B certificates, totaling 5.00% of the
aggregate original loan balance;
4. Ambac surety wrap.
(1) Excess Cash
Excess cash will equal the difference between the interest payments received on
the aggregate home equity loans net of the Servicing Fee (including Master
Servicing Fee), Certificate Insurer Fee, Trustee Fee, and Certificate Interest.
(2) Overcollateralization
1. Before the Stepdown Date, overcollateralization initially builds to
2.45% of the aggregate original loan balance of the Group I and Group II
Collateral (subject to performance triggers);
2. On and after the Stepdown Date, and so long as no trigger event is in
effect, the overcollateralization will step down monthly to 4.90% of the
outstanding aggregate current loan balance of the Group I and Group II
Collateral (subject to performance trigger events);
3. The overcollateralization step down will be subject to a floor of 0.50%
of the aggregate original loan balance of Group I and Group II.
(3) Subordination
There will be a single class of Class B Certificates in an amount equal to 5.0%
of the aggregate Group I and Group II aggregate original loan balances to
provide credit enhancement to all the Class A Certificates.
(4) Surety Wrap
The Class A Certificates will have the benefit of an insurance guarantee with
respect to the timely payment of interest and the ultimate payment of principal
issued by Ambac.
4
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Cashflow Priority
o The two Loan Groups' cashflows will be aggregated to achieve the strongest
form of cross-collateralization. The overcollateralization will also be
calculated for the two Loan Groups together. Available funds to be
distributed to Certificateholders will consist of all interest collections
(net of the Servicing (including Master Servicing), Surety and Trustee
fees) together with all principal collections. The aggregate collections
will be allocated first to Certificate Interest and then to Certificate
Principal.
Interest
1. Current Interest and Carry-Forward Interest to the Class A
Certificates
2. Current Interest to the Class B Certificates
Principal
From Available Funds (including monthly excess interest to build
overcollateralization) remaining after payment of Certificate Interest will be
allocated in the following priority if no trigger event is in effect:
Class A Certificates
1. Determine the Class A principal distribution amount for the Class A
Certificates per the Class A Optimal Balance Test (as described below).
2. Allocate the Class A principal distribution amount between the Class
A-1 through Class A-7 Certificates (Fixed Rate Group) and the Class A-8
Certificates (ARM Group), based on the relative collateral balance in
each Loan Group.
A. Fixed Rate Group Class A principal distribution amount will be
allocated as follows:
(i) First to the Class A-7 Certificates, according to the
following lockout percentage schedule:
Payment Lockout
Date Percentage
------------- ------------------
1-36 0%
37-60 45%
61-72 80%
73-84 100%
85-end 300%
(ii) Then sequentially to the Class A-1 through A-7 bonds
until retired;
B. The ARM Group Class A principal distribution amount will be
allocated to the Class A-8 floater until retired.
5
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Class B Certificates
1. On or after the Step Down Date, or earlier, if all of the Class A
Certificates have been retired, remaining principal will be allocated
to the Class B Certificates per the Class B Optimal Balance Test
(described below). It is not expected that the Class B Certificates
will receive any principal until the Step Down Date.
Target Credit Enhancement on or after the Stepdown Date:
o Collections of principal (including monthly excess interest) on and after
the stepdown date (July 2002 Payment Date), and if no trigger event is in
effect, will be allocated in the following priority:
Pay Class A bonds and Class B in accordance with enhancement targets, equal
to 2 times the initial enhancement percentage for each class:
Target Credit
Targeted % of Pool Enhancement
------------------ -------------
Class A 85.10% 14.90%
Class B 10.00% 4.90%
Overcollateralization 4.90%
-------
100.00%
Class A Optimal Balance Test (To determine Triple A Principal Distribution
Amount):
o Before the Stepdown Date, the Class A Certificates receive 100% of the
collateral principal revenues and the excess cash to build to an OC target
of 2.45% of the aggregate original loan balance. After the Stepdown Date,
the Class A Certificates receive collateral principal to maintain 14.90%
credit enhancement (based on the aggregate outstanding loan balance).
Class B Optimal Balance Test:
o The Class B Certificates will not receive payments of principal until the
Stepdown Date, unless all the Class A Certificates have been retired. After
the Step Down Date, the Class B Certificates will receive collateral
principal to maintain 4.90% credit enhancement (based on the aggregate
outstanding loan balance).
Step Down Date:
o The later of (a) the July 2002 Payment Date and (b) the first Payment Date
on which the Senior Enhancement Percentage is at least 14.90%.
Senior Enhancement Percentage:
o The percentage obtained by dividing (x) the sum of (i) the aggregate
Certificate Principal Balance of the Subordinated Certificates and (ii) the
Overcollateralization Amount by (y) the aggregate outstanding loan balance
of Group I and Group II as of the last day of the related Remittance
Period.
6
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Application of Monthly Excess Cashflow Amounts:
o Monthly Excess Cash Flow Amounts which equal the sum of Monthly Excess
Interest Amounts and Overcollateralization Release Amounts will be
allocated in the following priority:
1. Class B Interest Carry Forward Amount
2. Unpaid Class B Realized Loss Amortization Amounts
3. Servicer for any unreimbursed Delinquency Advances or Servicing
Advances
4. Class R Certificates
Note: Available Funds Cap shortfalls will not be carried forward.
Interest will not accrue or be payable on any written down amounts with
respect to the Class B Certificates.
Delinquency Trigger:
o The targeted credit enhancement percentage will step up to a greater
amount to the extent that the following result (such result being the
"Step-Up Credit Enhancement") exceeds the Senior Enhancement Percentage on
any payment date:
2 x [(1/2 x 90+ Day Delinquencies) - (3 x monthly excess spread)] such
amount expressed as a percentage of the aggregate outstanding Group I
and Group II loan balance
o 90+ Day Delinquencies include Bankruptcies, Foreclosures and REO.
o The 90+ Day Delinquencies and monthly excess spread values will
be based on a rolling 6-month average.
o In the event the delinquency trigger is hit, 100% of principal collections
plus excess spread will be used to pay the Class A Certificates until the
credit enhancement percentage equals the Step-Up Credit Enhancement
percentage. Therefore, the targeted overcollateralization amount may
"step-up" to an amount greater than 2.45% of the aggregate original loan
balance prior to the stepdown date or 4.90% of the outstanding pool balance
after the stepdown date.
Cumulative Realized Loss Trigger Event:
o A Cumulative Realized Loss Trigger Event occurs on any date of
determination if the amount of Cumulative Realized Losses expressed as a
percentage of the aggregate original loan balance of Group I and Group II
equals or exceeds the following amounts:
Date Percentages
---- -----------
July 1999 - June 2001 1.225%
July 2001 - June 2002 2.100%
July 2002 - June 2003 2.800%
July 2003 - June 2004 3.325%
July 2004 and thereafter 3.500%
7
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
o Upon the occurrence and during the continuance of a Cumulative Realized
Loss Trigger Event, the overcollateralization amount shall increase to
3.10% of the aggregate original loan balance of the Group I and Group II
Collateral.
8
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
SENSITIVITY TABLES
<TABLE>
<CAPTION>
To Maturity:
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A1 SENIOR
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 6.36 6.21 6.09 5.98 5.90 5.85 5.79 5.73
Average Life (years): 9.05 2.21 1.39 1.02 0.85 0.77 0.70 0.64
Modified Duration (years): 6.28 1.97 1.28 0.95 0.80 0.73 0.67 0.61
First Prin Pay: 07/99 07/99 07/99 07/99 07/99 07/99 07/99 07/99
Last Prin Pay: 04/14 01/04 02/02 04/01 12/00 10/00 08/00 07/00
Principal Window (months) 178 55 32 22 18 16 14 13
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A2 SENIOR
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 6.63 6.60 6.55 6.49 6.44 6.41 6.37 6.33
Average Life (years): 15.30 6.64 3.78 2.54 2.00 1.75 1.53 1.36
Modified Duration (years): 9.38 5.20 3.25 2.27 1.82 1.61 1.41 1.27
First Prin Pay: 04/14 01/04 02/02 04/01 12/00 10/00 08/00 07/00
Last Prin Pay: 03/17 09/08 06/04 09/02 12/01 08/01 05/01 02/01
Principal Window (months) 36 57 29 18 13 11 10 8
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A3 SENIOR
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 6.81 6.80 6.76 6.72 6.69 6.66 6.63 6.60
Average Life (years): 20.33 11.24 6.17 3.99 3.00 2.55 2.18 1.91
Modified Duration (years): 10.75 7.64 4.90 3.40 2.64 2.27 1.97 1.74
First Prin Pay: 03/17 09/08 06/04 09/02 12/01 08/01 05/01 02/01
Last Prin Pay: 05/22 10/12 01/07 03/04 01/03 05/02 11/01 08/01
Principal Window (months) 63 50 32 19 14 10 7 7
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A4 SENIOR
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 7.07 7.06 7.04 7.00 6.98 6.95 6.92 6.89
Average Life (years): 24.13 14.39 8.77 5.32 4.00 3.33 2.67 2.32
Modified Duration (years): 11.33 8.81 6.36 4.31 3.39 2.88 2.37 2.08
First Prin Pay: 05/22 10/12 01/07 03/04 01/03 05/02 11/01 08/01
Last Prin Pay: 09/24 04/14 05/09 05/05 11/03 03/03 04/02 12/01
Principal Window (months) 29 19 29 15 11 11 6 5
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A5 SENIOR
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 7.21 7.19 7.18 7.16 7.13 7.11 7.08 7.05
Average Life (years): 26.26 15.28 11.29 6.91 5.00 4.22 3.36 2.69
Modified Duration (years): 11.55 9.04 7.52 5.29 4.08 3.54 2.90 2.37
First Prin Pay: 09/24 04/14 05/09 05/05 11/03 03/03 04/02 12/01
Last Prin Pay: 08/26 03/16 03/12 09/07 02/05 03/04 05/03 04/02
Principal Window (months) 24 24 35 29 16 13 14 5
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
9
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
SENSITIVITY TABLES
<TABLE>
<CAPTION>
To Maturity
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- --------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A6 SENIOR
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 7.48 7.50 7.50 7.52 7.52 7.50 7.47 7.42
Average Life (years): 28.59 22.21 16.46 11.93 8.95 7.38 5.81 4.46
Modified Duration (years): 11.57 10.53 9.16 7.60 6.24 5.40 4.50 3.64
First Prin Pay: 08/26 03/16 03/12 09/07 02/05 03/04 05/03 04/02
Last Prin Pay: 03/29 08/28 03/25 08/18 06/14 03/13 02/11 06/09
Principal Window (months) 32 150 157 132 113 109 94 87
- --------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A7 SENIOR NAS
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 7.08 7.07 7.06 7.06 7.07 7.09 7.12 7.16
Average Life (years): 12.32 8.87 7.68 6.87 6.45 6.25 6.08 5.95
Modified Duration (years): 7.88 6.26 5.65 5.21 4.98 4.86 4.75 4.67
First Prin Pay: 07/02 07/02 07/02 07/02 08/02 09/02 11/02 01/03
Last Prin Pay: 04/14 05/28 11/24 04/14 04/14 01/13 11/10 03/09
Principal Window (months) 142 311 269 142 141 125 97 75
- --------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A8 SENIOR FLOATER
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 5.37 5.37 5.37 5.38 5.38 5.38 5.38 5.38
Average Life (years): 20.84 8.84 5.06 3.47 2.63 2.11 1.76 1.50
Modified Duration (years): 11.72 6.12 3.97 2.91 2.29 1.89 1.60 1.38
First Prin Pay: 07/99 07/99 07/99 07/99 07/99 07/99 07/99 07/99
Last Prin Pay: 03/29 08/28 03/25 08/18 06/14 03/13 02/11 06/09
Principal Window (months) 357 350 309 230 180 165 140 120
- --------------------------------------------------------------------------------------------------------------------------------
</TABLE>
10
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
SENSITIVITY TABLES
<TABLE>
<CAPTION>
To Call:
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A6 SENIOR
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 7.47 7.47 7.46 7.44 7.42 7.41 7.39 7.37
Average Life (years): 28.08 19.03 13.90 9.38 6.92 5.81 4.80 3.95
Modified Duration (years): 11.51 9.92 8.43 6.56 5.25 4.58 3.91 3.31
First Prin Pay: 08/26 03/16 03/12 09/07 02/05 03/04 05/03 04/02
Last Prin Pay: 09/27 11/18 06/13 12/08 09/06 08/05 08/04 11/03
Principal Window (months) 14 33 16 16 20 18 16 20
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A7 SENIOR NAS
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 7.08 7.07 7.06 7.05 7.05 7.04 7.03 7.02
Average Life (years): 12.32 8.86 7.67 6.77 6.11 5.54 4.91 4.36
Modified Duration (years): 7.88 6.26 5.65 5.17 4.78 4.44 4.03 3.64
First Prin Pay: 07/02 07/02 07/02 07/02 08/02 09/02 11/02 01/03
Last Prin Pay: 04/14 11/18 06/13 12/08 09/06 08/05 08/04 11/03
Principal Window (months) 142 197 132 78 50 36 22 11
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
A8 SENIOR FLOATER
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bond Yield @ Par (30/360): 5.37 5.37 5.37 5.37 5.37 5.37 5.37 5.37
Average Life (years): 20.72 8.34 4.84 3.32 2.53 2.06 1.72 1.48
Modified Duration (years): 11.69 5.96 3.88 2.83 2.23 1.85 1.57 1.36
First Prin Pay: 07/99 07/99 07/99 07/99 07/99 07/99 07/99 07/99
Last Prin Pay: 09/27 11/18 06/13 12/08 09/06 08/05 08/04 11/03
Principal Window (months) 339 233 168 114 87 74 62 53
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
11
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
<TABLE>
<CAPTION>
DECREMENT TABLES
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ----------------------------------------------------------------------------------------------------------------------
<CAPTION>
Class A-1
Payment Date
- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Initial Percent 100 100 100 100 100 100 100 100
25-Jun-00 90 75 62 47 33 24 13 1
25-Jun-01 86 51 22 0 0 0 0 0
25-Jun-02 83 29 0 0 0 0 0 0
25-Jun-03 79 10 0 0 0 0 0 0
25-Jun-04 75 0 0 0 0 0 0 0
25-Jun-05 70 0 0 0 0 0 0 0
25-Jun-06 65 0 0 0 0 0 0 0
25-Jun-07 60 0 0 0 0 0 0 0
25-Jun-08 55 0 0 0 0 0 0 0
25-Jun-09 50 0 0 0 0 0 0 0
25-Jun-10 44 0 0 0 0 0 0 0
25-Jun-11 37 0 0 0 0 0 0 0
25-Jun-12 30 0 0 0 0 0 0 0
25-Jun-13 21 0 0 0 0 0 0 0
25-Jun-14 0 0 0 0 0 0 0 0
25-Jun-15 0 0 0 0 0 0 0 0
25-Jun-16 0 0 0 0 0 0 0 0
25-Jun-17 0 0 0 0 0 0 0 0
25-Jun-18 0 0 0 0 0 0 0 0
25-Jun-19 0 0 0 0 0 0 0 0
25-Jun-20 0 0 0 0 0 0 0 0
25-Jun-21 0 0 0 0 0 0 0 0
25-Jun-22 0 0 0 0 0 0 0 0
25-Jun-23 0 0 0 0 0 0 0 0
25-Jun-24 0 0 0 0 0 0 0 0
25-Jun-25 0 0 0 0 0 0 0 0
25-Jun-26 0 0 0 0 0 0 0 0
25-Jun-27 0 0 0 0 0 0 0 0
25-Jun-28 0 0 0 0 0 0 0 0
25-Jun-29 0 0 0 0 0 0 0 0
Average Life (years)
(To Maturity): 9.05 2.21 1.39 1.02 0.85 0.77 0.70 0.64
</TABLE>
12
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
<TABLE>
<CAPTION>
DECREMENT TABLES
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ----------------------------------------------------------------------------------------------------------------------
<CAPTION>
Class A-2
Payment Date
- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Initial Percent 100 100 100 100 100 100 100 100
25-Jun-00 100 100 100 100 100 100 100 100
25-Jun-01 100 100 100 85 43 15 0 0
25-Jun-02 100 100 82 13 0 0 0 0
25-Jun-03 100 100 36 0 0 0 0 0
25-Jun-04 100 87 0 0 0 0 0 0
25-Jun-05 100 61 0 0 0 0 0 0
25-Jun-06 100 36 0 0 0 0 0 0
25-Jun-07 100 18 0 0 0 0 0 0
25-Jun-08 100 3 0 0 0 0 0 0
25-Jun-09 100 0 0 0 0 0 0 0
25-Jun-10 100 0 0 0 0 0 0 0
25-Jun-11 100 0 0 0 0 0 0 0
25-Jun-12 100 0 0 0 0 0 0 0
25-Jun-13 100 0 0 0 0 0 0 0
25-Jun-14 28 0 0 0 0 0 0 0
25-Jun-15 18 0 0 0 0 0 0 0
25-Jun-16 7 0 0 0 0 0 0 0
25-Jun-17 0 0 0 0 0 0 0 0
25-Jun-18 0 0 0 0 0 0 0 0
25-Jun-19 0 0 0 0 0 0 0 0
25-Jun-20 0 0 0 0 0 0 0 0
25-Jun-21 0 0 0 0 0 0 0 0
25-Jun-22 0 0 0 0 0 0 0 0
25-Jun-23 0 0 0 0 0 0 0 0
25-Jun-24 0 0 0 0 0 0 0 0
25-Jun-25 0 0 0 0 0 0 0 0
25-Jun-26 0 0 0 0 0 0 0 0
25-Jun-27 0 0 0 0 0 0 0 0
25-Jun-28 0 0 0 0 0 0 0 0
25-Jun-29 0 0 0 0 0 0 0 0
Average Life
(years) 15.30 6.64 3.78 2.54 2.00 1.75 1.53 1.36
(To Maturity):
</TABLE>
13
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
<TABLE>
<CAPTION>
DECREMENT TABLES
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ----------------------------------------------------------------------------------------------------------------------
<CAPTION>
Class A-3
Payment Date
- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Initial Percent 100 100 100 100 100 100 100 100
25-Jun-00 100 100 100 100 100 100 100 100
25-Jun-01 100 100 100 100 100 100 71 18
25-Jun-02 100 100 100 100 34 0 0 0
25-Jun-03 100 100 100 44 0 0 0 0
25-Jun-04 100 100 99 0 0 0 0 0
25-Jun-05 100 100 52 0 0 0 0 0
25-Jun-06 100 100 13 0 0 0 0 0
25-Jun-07 100 100 0 0 0 0 0 0
25-Jun-08 100 100 0 0 0 0 0 0
25-Jun-09 100 79 0 0 0 0 0 0
25-Jun-10 100 54 0 0 0 0 0 0
25-Jun-11 100 29 0 0 0 0 0 0
25-Jun-12 100 6 0 0 0 0 0 0
25-Jun-13 100 0 0 0 0 0 0 0
25-Jun-14 100 0 0 0 0 0 0 0
25-Jun-15 100 0 0 0 0 0 0 0
25-Jun-16 100 0 0 0 0 0 0 0
25-Jun-17 94 0 0 0 0 0 0 0
25-Jun-18 74 0 0 0 0 0 0 0
25-Jun-19 53 0 0 0 0 0 0 0
25-Jun-20 36 0 0 0 0 0 0 0
25-Jun-21 17 0 0 0 0 0 0 0
25-Jun-22 0 0 0 0 0 0 0 0
25-Jun-23 0 0 0 0 0 0 0 0
25-Jun-24 0 0 0 0 0 0 0 0
25-Jun-25 0 0 0 0 0 0 0 0
25-Jun-26 0 0 0 0 0 0 0 0
25-Jun-27 0 0 0 0 0 0 0 0
25-Jun-28 0 0 0 0 0 0 0 0
25-Jun-29 0 0 0 0 0 0 0 0
Average Life
(years) (To 20.33 11.24 6.17 3.99 3.00 2.55 2.18 1.91
Maturity):
</TABLE>
14
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
<TABLE>
<CAPTION>
DECREMENT TABLES
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ----------------------------------------------------------------------------------------------------------------------
<CAPTION>
Class A-4
Payment Date
- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Initial Percent 100 100 100 100 100 100 100 100
25-Jun-00 100 100 100 100 100 100 100 100
25-Jun-01 100 100 100 100 100 100 100 100
25-Jun-02 100 100 100 100 100 64 0 0
25-Jun-03 100 100 100 100 41 0 0 0
25-Jun-04 100 100 100 70 0 0 0 0
25-Jun-05 100 100 100 0 0 0 0 0
25-Jun-06 100 100 100 0 0 0 0 0
25-Jun-07 100 100 81 0 0 0 0 0
25-Jun-08 100 100 37 0 0 0 0 0
25-Jun-09 100 100 0 0 0 0 0 0
25-Jun-10 100 100 0 0 0 0 0 0
25-Jun-11 100 100 0 0 0 0 0 0
25-Jun-12 100 100 0 0 0 0 0 0
25-Jun-13 100 70 0 0 0 0 0 0
25-Jun-14 100 0 0 0 0 0 0 0
25-Jun-15 100 0 0 0 0 0 0 0
25-Jun-16 100 0 0 0 0 0 0 0
25-Jun-17 100 0 0 0 0 0 0 0
25-Jun-18 100 0 0 0 0 0 0 0
25-Jun-19 100 0 0 0 0 0 0 0
25-Jun-20 100 0 0 0 0 0 0 0
25-Jun-21 100 0 0 0 0 0 0 0
25-Jun-22 94 0 0 0 0 0 0 0
25-Jun-23 54 0 0 0 0 0 0 0
25-Jun-24 9 0 0 0 0 0 0 0
25-Jun-25 0 0 0 0 0 0 0 0
25-Jun-26 0 0 0 0 0 0 0 0
25-Jun-27 0 0 0 0 0 0 0 0
25-Jun-28 0 0 0 0 0 0 0 0
25-Jun-29 0 0 0 0 0 0 0 0
Average
Life (To 24.13 14.39 8.77 5.32 4.00 3.33 2.67 2.32
Maturity):
</TABLE>
15
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
<TABLE>
<CAPTION>
DECREMENT TABLES
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ----------------------------------------------------------------------------------------------------------------------
<CAPTION>
Class A-5
Payment Date
- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Initial Percent 100 100 100 100 100 100 100 100
25-Jun-00 100 100 100 100 100 100 100 100
25-Jun-01 100 100 100 100 100 100 100 100
25-Jun-02 100 100 100 100 100 100 58 0
25-Jun-03 100 100 100 100 100 65 0 0
25-Jun-04 100 100 100 100 42 0 0 0
25-Jun-05 100 100 100 93 0 0 0 0
25-Jun-06 100 100 100 35 0 0 0 0
25-Jun-07 100 100 100 6 0 0 0 0
25-Jun-08 100 100 100 0 0 0 0 0
25-Jun-09 100 100 96 0 0 0 0 0
25-Jun-10 100 100 57 0 0 0 0 0
25-Jun-11 100 100 22 0 0 0 0 0
25-Jun-12 100 100 0 0 0 0 0 0
25-Jun-13 100 100 0 0 0 0 0 0
25-Jun-14 100 40 0 0 0 0 0 0
25-Jun-15 100 16 0 0 0 0 0 0
25-Jun-16 100 0 0 0 0 0 0 0
25-Jun-17 100 0 0 0 0 0 0 0
25-Jun-18 100 0 0 0 0 0 0 0
25-Jun-19 100 0 0 0 0 0 0 0
25-Jun-20 100 0 0 0 0 0 0 0
25-Jun-21 100 0 0 0 0 0 0 0
25-Jun-22 100 0 0 0 0 0 0 0
25-Jun-23 100 0 0 0 0 0 0 0
25-Jun-24 100 0 0 0 0 0 0 0
25-Jun-25 61 0 0 0 0 0 0 0
25-Jun-26 7 0 0 0 0 0 0 0
25-Jun-27 0 0 0 0 0 0 0 0
25-Jun-28 0 0 0 0 0 0 0 0
25-Jun-29 0 0 0 0 0 0 0 0
Average Life
(years) (To 26.26 15.28 11.29 6.91 5.00 4.22 3.36 2.69
Maturity):
</TABLE>
16
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
<TABLE>
<CAPTION>
DECREMENT TABLES
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ----------------------------------------------------------------------------------------------------------------------
<CAPTION>
Class A-6
Payment Date
- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Initial Percent 100 100 100 100 100 100 100 100
25-Jun-00 100 100 100 100 100 100 100 100
25-Jun-01 100 100 100 100 100 100 100 100
25-Jun-02 100 100 100 100 100 100 100 80
25-Jun-03 100 100 100 100 100 100 91 54
25-Jun-04 100 100 100 100 100 86 49 21
25-Jun-05 100 100 100 100 87 56 28 9
25-Jun-06 100 100 100 100 63 39 18 5
25-Jun-07 100 100 100 100 55 35 18 5
25-Jun-08 100 100 100 86 43 27 12 3
25-Jun-09 100 100 100 69 33 17 6 0
25-Jun-10 100 100 100 54 23 10 2 0
25-Jun-11 100 100 100 43 15 5 0 0
25-Jun-12 100 100 95 33 9 2 0 0
25-Jun-13 100 100 80 25 5 0 0 0
25-Jun-14 100 100 46 11 0 0 0 0
25-Jun-15 100 100 38 7 0 0 0 0
25-Jun-16 100 97 32 4 0 0 0 0
25-Jun-17 100 85 26 2 0 0 0 0
25-Jun-18 100 74 20 0 0 0 0 0
25-Jun-19 100 64 15 0 0 0 0 0
25-Jun-20 100 55 12 0 0 0 0 0
25-Jun-21 100 48 8 0 0 0 0 0
25-Jun-22 100 40 6 0 0 0 0 0
25-Jun-23 100 33 3 0 0 0 0 0
25-Jun-24 100 27 1 0 0 0 0 0
25-Jun-25 100 20 0 0 0 0 0 0
25-Jun-26 100 13 0 0 0 0 0 0
25-Jun-27 71 7 0 0 0 0 0 0
25-Jun-28 34 1 0 0 0 0 0 0
25-Jun-29 0 0 0 0 0 0 0 0
Average Life
(years) (To Call): 28.08 19.03 13.90 9.38 6.92 5.81 4.80 3.95
Average Life
(years) (To 28.59 22.21 16.46 11.93 8.95 7.38 5.81 4.46
Maturity):
</TABLE>
17
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
<TABLE>
<CAPTION>
DECREMENT TABLES
- ----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- ----------------------------------------------------------------------------------------------------------------------
<CAPTION>
Class A-7
Payment Date
- ------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Initial Percent 100 100 100 100 100 100 100 100
25-Jun-00 100 100 100 100 100 100 100 100
25-Jun-01 100 100 100 100 100 100 100 100
25-Jun-02 100 100 100 100 100 100 100 100
25-Jun-03 99 96 92 90 88 88 88 89
25-Jun-04 99 92 86 81 77 75 72 70
25-Jun-05 97 84 76 67 60 55 50 46
25-Jun-06 95 76 64 52 43 38 32 25
25-Jun-07 89 54 39 25 16 12 9 8
25-Jun-08 82 40 24 12 6 4 1 0
25-Jun-09 75 30 14 5 2 1 0 0
25-Jun-10 68 22 9 2 1 0 0 0
25-Jun-11 61 16 5 1 0 0 0 0
25-Jun-12 54 11 3 1 0 0 0 0
25-Jun-13 47 8 2 0 0 0 0 0
25-Jun-14 0 0 0 0 0 0 0 0
25-Jun-15 0 0 0 0 0 0 0 0
25-Jun-16 0 0 0 0 0 0 0 0
25-Jun-17 0 0 0 0 0 0 0 0
25-Jun-18 0 0 0 0 0 0 0 0
25-Jun-19 0 0 0 0 0 0 0 0
25-Jun-20 0 0 0 0 0 0 0 0
25-Jun-21 0 0 0 0 0 0 0 0
25-Jun-22 0 0 0 0 0 0 0 0
25-Jun-23 0 0 0 0 0 0 0 0
25-Jun-24 0 0 0 0 0 0 0 0
25-Jun-25 0 0 0 0 0 0 0 0
25-Jun-26 0 0 0 0 0 0 0 0
25-Jun-27 0 0 0 0 0 0 0 0
25-Jun-28 0 0 0 0 0 0 0 0
25-Jun-29 0 0 0 0 0 0 0 0
Average Life
(years) (To Call): 12.32 8.86 7.67 6.77 6.11 5.54 4.91 4.36
Average Life
(years) (To 12.32 8.87 7.68 6.87 6.45 6.25 6.08 5.95
Maturity):
</TABLE>
18
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
DECREMENT TABLES
- --------------------------------------------------------------------------------
% FRM PPC 0% 35% 65% 100% 130% 150% 175% 200%
% ARM PPC 0% 25% 50% 75% 100% 125% 150% 175%
- --------------------------------------------------------------------------------
Class A-8
Payment Date
- ------------
Initial Percent 100 100 100 100 100 100 100 100
25-Jun-00 97 92 87 82 77 72 66 61
25-Jun-01 96 83 70 58 48 38 29 21
25-Jun-02 96 74 56 41 29 19 12 7
25-Jun-03 95 67 45 30 19 12 7 3
25-Jun-04 94 60 36 22 13 7 3 1
25-Jun-05 93 54 30 16 8 4 1 0
25-Jun-06 93 48 24 12 5 2 1 0
25-Jun-07 91 43 20 9 3 1 0 0
25-Jun-08 90 38 16 6 2 1 0 0
25-Jun-09 89 35 13 5 1 0 0 0
25-Jun-10 88 31 11 3 1 0 0 0
25-Jun-11 86 28 9 2 1 0 0 0
25-Jun-12 84 25 7 2 0 0 0 0
25-Jun-13 82 22 6 1 0 0 0 0
25-Jun-14 77 20 5 1 0 0 0 0
25-Jun-15 74 18 4 0 0 0 0 0
25-Jun-16 72 16 3 0 0 0 0 0
25-Jun-17 69 14 2 0 0 0 0 0
25-Jun-18 66 12 2 0 0 0 0 0
25-Jun-19 63 10 1 0 0 0 0 0
25-Jun-20 59 9 1 0 0 0 0 0
25-Jun-21 55 8 1 0 0 0 0 0
25-Jun-22 50 6 0 0 0 0 0 0
25-Jun-23 45 5 0 0 0 0 0 0
25-Jun-24 39 4 0 0 0 0 0 0
25-Jun-25 33 3 0 0 0 0 0 0
25-Jun-26 25 2 0 0 0 0 0 0
25-Jun-27 17 1 0 0 0 0 0 0
25-Jun-28 8 0 0 0 0 0 0 0
25-Jun-29 0 0 0 0 0 0 0 0
Average Life
(years) (To Call): 20.72 8.34 4.84 3.32 2.53 2.06 1.72 1.48
Average Life
(years) (To 20.84 8.84 5.06 3.47 2.63 2.11 1.76 1.50
Maturity):
19
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
1 7.488 8.788
2 7.471 8.788
3 7.451 8.790
4 8.297 8.792
5 8.281 8.795
6 8.263 8.801
7 8.850 8.803
8 8.839 8.803
9 8.826 8.806
10 8.877 8.808
11 8.862 8.810
12 8.847 8.811
13 9.200 8.813
14 9.194 8.813
15 9.188 8.816
16 9.214 8.817
17 9.208 8.817
18 9.201 8.818
19 9.215 8.820
20 9.209 8.820
21 9.203 8.821
22 9.211 10.246
23 9.205 10.247
24 9.199 10.248
25 9.272 10.249
26 9.268 10.250
27 9.263 10.251
28 9.302 10.251
29 9.298 10.252
30 9.294 10.253
31 9.477 10.254
32 9.478 10.255
33 9.479 10.256
34 9.479 10.567
35 9.480 10.568
36 9.481 10.569
37 9.482 10.570
38 9.478 10.564
39 9.475 10.563
40 9.475 10.563
20
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
41 9.475 10.563
42 9.475 10.563
43 9.475 10.563
44 9.475 10.563
45 9.475 10.563
46 9.474 10.563
47 9.474 10.563
48 9.474 10.563
49 9.474 10.563
50 9.474 10.563
51 9.474 10.563
52 9.474 10.563
53 9.474 10.563
54 9.474 10.563
55 9.473 10.562
56 9.473 10.562
57 9.473 10.562
58 9.473 10.562
59 9.473 10.562
60 9.473 10.562
61 9.473 10.562
62 9.472 10.562
63 9.472 10.562
64 9.472 10.562
65 9.472 10.562
66 9.472 10.562
67 9.472 10.561
68 9.471 10.561
69 9.471 10.561
70 9.471 10.561
71 9.471 10.561
72 9.471 10.561
73 9.471 10.561
74 9.470 10.561
75 9.470 10.561
76 9.470 10.560
77 9.470 10.560
78 9.470 10.560
79 9.469 10.560
80 9.469 10.560
21
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
81 9.469 10.560
82 9.469 10.560
83 9.468 10.559
84 9.468 10.559
85 9.468 10.559
86 9.468 10.559
87 9.467 10.559
88 9.467 10.558
89 9.467 10.558
90 9.467 10.558
91 9.466 10.558
92 9.466 10.558
93 9.466 10.557
94 9.465 10.557
95 9.465 10.557
96 9.465 10.557
97 9.464 10.557
98 9.464 10.556
99 9.464 10.556
100 9.463 10.556
101 9.463 10.556
102 9.463 10.555
103 9.462 10.555
104 9.462 10.555
105 9.462 10.554
106 9.461 10.554
107 9.461 10.554
108 9.460 10.554
109 9.460 10.553
110 9.459 10.553
111 9.459 10.553
112 9.458 10.552
113 9.458 10.552
114 9.458 10.551
115 9.457 10.551
116 9.457 10.551
117 9.456 10.550
118 9.456 10.550
119 9.455 10.549
120 9.455 10.549
22
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
121 9.454 10.548
122 9.453 10.548
123 9.453 10.548
124 9.452 10.547
125 9.448 10.546
126 9.447 10.546
127 9.447 10.546
128 9.447 10.546
129 9.447 10.546
130 9.448 10.547
131 9.448 10.547
132 9.448 10.548
133 9.449 10.548
134 9.449 10.548
135 9.449 10.549
136 9.450 10.549
137 9.450 10.550
138 9.450 10.550
139 9.451 10.551
140 9.451 10.551
141 9.451 10.552
142 9.452 10.552
143 9.452 10.553
144 9.453 10.553
145 9.453 10.554
146 9.454 10.554
147 9.454 10.555
148 9.454 10.556
149 9.455 10.556
150 9.456 10.557
151 9.456 10.557
152 9.457 10.558
153 9.457 10.559
154 9.458 10.560
155 9.458 10.560
156 9.459 10.561
157 9.460 10.562
158 9.460 10.563
159 9.461 10.564
160 9.462 10.565
23
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
161 9.463 10.565
162 9.463 10.566
163 9.464 10.567
164 9.465 10.568
165 9.466 10.569
166 9.467 10.570
167 9.468 10.571
168 9.469 10.573
169 9.470 10.574
170 9.471 10.575
171 9.472 10.576
172 9.473 10.577
173 9.474 10.579
174 9.475 10.580
175 9.476 10.581
176 9.478 10.583
177 9.479 10.584
178 9.480 10.586
179 9.327 10.610
180 9.329 10.613
181 9.463 10.747
182 9.463 10.747
183 9.462 10.747
184 9.462 10.747
185 9.462 10.747
186 9.462 10.747
187 9.461 10.747
188 9.461 10.747
189 9.461 10.747
190 9.460 10.747
191 9.460 10.747
192 9.460 10.747
193 9.460 10.747
194 9.459 10.747
195 9.459 10.747
196 9.459 10.747
197 9.458 10.747
198 9.458 10.747
199 9.458 10.747
200 9.457 10.747
24
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
201 9.457 10.747
202 9.456 10.747
203 9.456 10.747
204 9.456 10.747
205 9.455 10.747
206 9.455 10.747
207 9.455 10.747
208 9.454 10.747
209 9.454 10.747
210 9.453 10.747
211 9.453 10.747
212 9.452 10.747
213 9.452 10.747
214 9.452 10.747
215 9.451 10.747
216 9.451 10.747
217 9.450 10.747
218 9.450 10.747
219 9.449 10.747
220 9.449 10.747
221 9.448 10.747
222 9.448 10.747
223 9.447 10.747
224 9.447 10.747
225 9.446 10.747
226 9.446 10.747
227 9.445 10.747
228 9.444 10.747
229 9.444 10.747
230 9.443 10.747
231 9.442 10.747
232 9.442 10.747
233 9.441 10.747
234 9.441 10.747
235 9.440 10.747
236 9.439 10.747
237 9.438 10.747
238 9.438 10.747
239 9.437 10.747
240 9.437 10.747
25
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
241 9.437 10.747
242 9.437 10.747
243 9.437 10.747
244 9.437 10.747
245 9.437 10.747
246 9.437 10.747
247 9.437 10.747
248 9.437 10.747
249 9.437 10.747
250 9.437 10.747
251 9.437 10.747
252 9.437 10.747
253 9.437 10.747
254 9.437 10.747
255 9.437 10.747
256 9.437 10.747
257 9.437 10.748
258 9.437 10.748
259 9.437 10.748
260 9.437 10.748
261 9.437 10.748
262 9.437 10.748
263 9.437 10.748
264 9.437 10.748
265 9.437 10.748
266 9.437 10.748
267 9.437 10.748
268 9.437 10.748
269 9.437 10.748
270 9.437 10.748
271 9.437 10.748
272 9.437 10.748
273 9.437 10.748
274 9.437 10.748
275 9.437 10.748
276 9.437 10.748
277 9.437 10.748
278 9.437 10.748
279 9.437 10.748
280 9.437 10.748
26
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
281 9.437 10.748
282 9.437 10.748
283 9.437 10.748
284 9.437 10.748
285 9.437 10.748
286 9.437 10.748
287 9.437 10.748
288 9.437 10.748
289 9.437 10.748
290 9.437 10.748
291 9.437 10.748
292 9.437 10.748
293 9.437 10.748
294 9.437 10.748
295 9.437 10.748
296 9.437 10.748
297 9.437 10.748
298 9.437 10.748
299 9.437 10.748
300 9.437 10.748
301 9.437 10.748
302 9.437 10.748
303 9.437 10.748
304 9.437 10.748
305 9.437 10.748
306 9.437 10.748
307 9.437 10.748
308 9.437 10.748
309 9.437 10.748
310 9.437 10.748
311 9.437 10.748
312 9.437 10.748
313 9.437 10.748
314 9.437 10.748
315 9.437 10.748
316 9.437 10.748
317 9.437 10.748
318 9.437 10.748
319 9.437 10.748
320 9.437 10.748
27
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Available Funds Cap
Group I Group II
Net Available Net Available
Period Funds Cap (%) Funds Cap (%)
- --------------------------------------------------------
321 9.437 10.748
322 9.437 10.748
323 9.437 10.748
324 9.437 10.748
325 9.437 10.748
326 9.437 10.748
327 9.437 10.748
328 9.437 10.748
329 9.437 10.748
330 9.437 10.748
331 9.437 10.748
332 9.437 10.748
333 9.437 10.748
334 9.437 10.748
335 9.437 10.748
336 9.437 10.748
337 9.437 10.748
338 9.437 10.748
339 9.437 10.748
340 9.437 10.748
341 9.437 10.748
342 9.437 10.748
343 9.437 10.748
344 9.437 10.748
345 9.437 10.748
346 9.437 10.748
347 9.437 10.748
348 9.437 10.748
349 9.437 10.748
350 9.437 10.748
351 9.437 10.749
352 9.437 10.749
353 9.437 10.749
354 9.437 10.749
355 9.437 10.749
356 9.437 10.750
357 9.437 10.753
358 9.437 12.900
359 0.000 12.900
360 0.000 12.900
28
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
29
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral Description (Fixed Rate Collateral)
Group I
-------
Cut-Off Date 5/31/99
Total Outstanding Balance: $640,001,379.88
Number of Loans: 8,902
Average Remaining Balance: $71,894.11 (range: $9,500.00- $498,513.06)
WA Gross Coupon: 10.20% (range: 6.25% - 17.99%)
WA Original Term: 280.79 months (range: 60 - 360 months)
WA Remaining Term: 278.98 months (range: 57 - 360 months)
WA Seasoning: 1.81 months (range: 0 - 26 months)
Lien Position: 93.08% First, 6.92% Second
WA Original LTV Ratio: 75.48% (range: 5% - 96%)
WA Original CLTV Ratio: 79.42% (range: 9% - 100%)
WA Debt to Income Ratio: 38.22% (range: 2% - 58%)
Credit Grade: 69.95% A
19.37% B
9.52% C
1.17% D
Documentation: 89.12% Full Documentation
7.51% Limited Documentation
3.38% No Documentation
Property Type: 1.54% Single Family Attached
86.43% Single Family Detached
5.80% 2-4 Family
1.67% PUD
0.78% Condominium
3.57% Manufactured Housing
0.22% Mixed Use
Owner Occupancy: 94.57% Owner Occupied, 5.43% Investor Owned
Loan Purpose: 25.78% Cash Out Refinance
51.75% Debt Consolidation
2.22% Home Improvement
5.88% Purchase
6.67% Rate & Term Refinance
7.69% Other
Geographic Distribution: CA (9.59%), MI (7.98%), IL (7.97%),
(all states greater than OH (7.86%), FL (5.58%), PA (5.55%),
or equal to 5.00%) NY (5.02%)
30
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Geographic Distribution of Mortgaged Properties - Fixed Rate Loans
Number of Aggregate % of Aggregate
State Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
Arizona 203 $ 15,343,152.13 2.40%
Arkansas 59 3,046,924.65 0.48
California 535 61,344,582.85 9.59
Colorado 154 14,298,201.33 2.23
Connecticut 72 6,100,019.00 0.95
Delaware 13 884,503.76 0.14
District of Columbia 26 2,110,291.25 0.33
Florida 581 35,711,369.79 5.58
Georgia 437 29,787,667.10 4.65
Hawaii 1 74,816.30 0.01
Idaho 22 1,407,377.87 0.22
Illinois 695 51,003,493.33 7.97
Indiana 381 21,634,952.72 3.38
Iowa 56 3,102,534.27 0.48
Kansas 47 2,915,826.80 0.46
Kentucky 184 11,112,678.39 1.74
Louisiana 144 8,078,801.31 1.26
Maine 21 1,281,910.91 0.20
Maryland 224 19,261,771.55 3.01
Massachusetts 154 12,475,680.68 1.95
Michigan 856 51,071,440.47 7.98
Minnesota 70 6,007,956.90 0.94
Mississippi 93 5,062,485.59 0.79
Missouri 159 8,579,438.73 1.34
Montana 18 1,004,796.69 0.16
Nebraska 48 3,497,501.07 0.55
Nevada 54 6,094,259.00 0.95
New Hampshire 29 1,914,485.88 0.30
New Jersey 201 18,987,659.38 2.97
New Mexico 107 7,656,738.08 1.20
New York 371 32,149,814.35 5.02
North Carolina 474 30,650,834.02 4.79
North Dakota 6 225,758.44 0.04
Ohio 709 50,278,848.29 7.86
Oklahoma 24 1,567,412.10 0.24
Oregon 46 3,366,609.65 0.53
Pennsylvania 575 35,510,066.53 5.55
Rhode Island 28 2,139,184.61 0.33
South Carolina 137 7,670,405.49 1.20
South Dakota 4 218,371.91 0.03
Tennessee 191 12,322,447.44 1.93
Texas 286 20,921,658.38 3.27
Utah 84 7,319,821.97 1.14
Vermont 6 431,926.46 0.07
Virginia 113 8,210,894.86 1.28
Washington 98 10,166,227.95 1.59
West Virginia 41 2,247,826.66 0.35
Wisconsin 62 3,557,992.50 0.56
Wyoming 3 191,960.49 0.03
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
31
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Distribution of Current Loan Balances - Fixed Rate Loans
<TABLE>
<CAPTION>
Range of Number of Aggregate % of Aggregate
Current Balance Home Equity Loans Loan Balance Loan Balance
- ---------------------------------------------------------------------------------------
<S> <C> <C> <C>
$0.01 - $25,000.00 880 $ 16,676,017.32 2.61%
25,000.01 - 50,000.00 2,660 101,827,118.16 15.91
50,000.01 - 75,000.00 2,330 143,789,900.90 22.47
75,000.01 - 100,000.00 1,324 114,210,288.04 17.85
100,000.01 - 125,000.00 712 79,102,051.87 12.36
125,000.01 - 150,000.00 383 52,116,295.05 8.14
150,000.01 - 175,000.00 184 29,643,116.53 4.63
175,000.01 - 200,000.00 129 24,139,475.98 3.77
200,000.01 - 225,000.00 69 14,582,906.48 2.28
225,000.01 - 250,000.00 85 20,145,504.25 3.15
250,000.01 - 275,000.00 56 14,609,510.24 2.28
275,000.01 - 300,000.00 32 9,121,109.36 1.43
300,000.01 - 325,000.00 25 7,808,452.18 1.22
325,000.01 - 350,000.00 9 3,045,441.42 0.48
350,000.01 - 400,000.00 21 7,845,179.04 1.23
400,000.01 - $450,000.00 2 840,500.00 0.13
$450,000.01 and over 1 498,513.06 0.08
- ---------------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
</TABLE>
32
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Original Loan-to-Value Ratios - Fixed Rate Loans
Range of Number of Aggregate % of Aggregate
Original LTVs Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
0.01% - 5.00% 1 $ 22,299.31 0.00%
5.01 - 10.00 55 1,067,894.86 0.17
10.01 - 15.00 302 7,337,406.54 1.15
15.01 - 20.00 296 8,466,502.16 1.32
20.01 - 25.00 251 9,152,764.86 1.43
25.01 - 30.00 189 7,090,445.78 1.11
30.01 - 35.00 155 6,791,550.06 1.06
35.01 - 40.00 144 6,486,409.56 1.01
40.01 - 45.00 135 6,716,349.58 1.05
45.01 - 50.00 192 9,262,528.25 1.45
50.01 - 55.00 172 9,155,813.55 1.43
55.01 - 60.00 224 12,321,832.44 1.93
60.01 - 65.00 360 21,449,975.09 3.35
65.01 - 70.00 589 38,886,620.00 6.08
70.01 - 75.00 944 64,942,297.93 10.15
75.01 - 80.00 1,995 161,934,832.48 25.30
80.01 - 85.00 1,264 111,468,772.75 17.42
85.01 - 90.00 1,565 151,684,722.77 23.70
90.01 - 95.00 68 5,564,455.28 0.87
95.01% - 100.00% 1 197,906.63 0.03
- ------------------------------------------------------------------------------
Total 8,902 $640,001,379.88 100.00%
33
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Combined Loan-to-Value Ratios - Fixed Rate Loans
Range of Number of Aggregate % of Aggregate
Original CLTVs Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
5.01% - 10.00% 2 $ 36,343.67 0.01%
10.01 - 15.00 7 106,235.68 0.02
15.01 - 20.00 13 338,839.73 0.05
20.01 - 25.00 21 781,523.48 0.12
25.01 - 30.00 33 1,032,443.31 0.16
30.01 - 35.00 67 2,685,739.08 0.42
35.01 - 40.00 85 3,407,346.39 0.53
40.01 - 45.00 105 4,821,402.85 0.75
45.01 - 50.00 175 7,963,580.44 1.24
50.01 - 55.00 167 8,589,350.36 1.34
55.01 - 60.00 225 12,107,122.04 1.89
60.01 - 65.00 387 22,561,772.27 3.53
65.01 - 70.00 652 40,874,782.87 6.39
70.01 - 75.00 1,031 67,730,229.82 10.58
75.01 - 80.00 2,114 166,241,952.40 25.98
80.01 - 85.00 1,484 119,030,407.74 18.60
85.01 - 90.00 2,168 172,419,314.54 26.94
90.01 - 95.00 159 8,898,970.59 1.39
95.01 - 100.00% 7 374,022.62 0.06
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
34
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Distribution of Coupon Rates - Fixed Rate Loans
Range of Number of Aggregate % of Aggregate
Coupon Rates Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
0.01% - 7.00% 12 $ 1,584,266.65 0.25%
7.01 - 7.50 43 4,810,038.49 0.75
7.51 - 8.00 216 20,536,520.83 3.21
8.01 - 8.50 402 37,910,361.95 5.92
8.51 - 9.00 820 77,048,020.61 12.04
9.01 - 9.50 772 68,549,990.15 10.71
9.51 - 10.00 1,292 104,507,665.38 16.33
10.01 - 10.50 1,086 80,112,879.70 12.52
10.51 - 11.00 1,437 95,881,236.37 14.98
11.01 - 11.50 947 53,501,475.62 8.36
11.51 - 12.00 792 43,212,517.33 6.75
12.01 - 12.50 424 21,328,715.45 3.33
12.51 - 13.00 290 13,257,360.13 2.07
13.01 - 13.50 101 4,784,805.63 0.75
13.51 - 14.00 111 5,287,222.10 0.83
14.01 - 14.50 51 2,417,236.33 0.38
14.51 - 15.00 74 3,694,186.03 0.58
15.01 - 15.50 11 494,610.61 0.08
15.51 - 16.00 16 769,609.74 0.12
16.01 - 16.50 3 169,182.41 0.03
16.51 - 17.00% 1 111,978.37 0.02
17.01% and over 1 31,500.00 0.00
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
Distribution of Remaining Terms to Maturity - Fixed Rate Loans
Range of Number of Aggregate % of Aggregate
Remaining to Maturity Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
1 - 120 346 $ 11,779,670.46 1.84%
121 - 180 3,742 231,244,891.67 36.13
181 - 240 913 48,394,938.61 7.56
241 - 300 800 5,288,686.36 0.83
301 - 360 3,821 343,293,192.78 53.64
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
35
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Distribution of Months of Seasoning - Fixed Rate Loans
Range of Number of Aggregate % of Aggregate
Months of Seasoning Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
0 - 1 4,413 $312,753,832.55 48.87%
2 - 12 4,463 325,395,271.83 50.84
13 - 24 23 1,770,120.19 0.28
25 - 36 3 82,155.31 0.01
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
Property Types - Fixed Rate Loans
Number of Aggregate % of Aggregate
Property Types Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
Condominium 59 $ 5,020,353.85 0.78%
Manufactured Housing 385 22,846,613.76 3.57
Mixed Use 11 1,394,431.83 0.22
Planned Unit Development 109 10,656,430.53 1.67
Single Family Attached 186 9,832,600.47 1.54
Single Family Detached 7,705 553,146,377.94 86.43
2-4 Family 447 37,104,571.50 5.80
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
Occupancy Status- Fixed Rate Loans
Number of Aggregate % of Aggregate
Occupancy Status Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
Investor Owned 600 $ 34,775,756.78 5.43%
Owner Occupied 8,302 605,225,623.10 94.57
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
36
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Distribution of Stated Original Months to Maturity - Fixed Rate Loans
Original Months Number of Aggregate % of Aggregate
to Maturity Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
1 - 120 346 $ 11,779,670.46 1.84%
121 - 180 3,742 231,244,891.67 36.13
181 - 240 913 48,394,938.61 7.56
241 - 300 80 5,288,686.36 0.83
301 - 360 3,821 343,293,192.78 53.64
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
Days Delinquent - Fixed Rate Loans
Number of Aggregate % of Aggregate
Days Delinquent Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
Current 7,750 $551,468,736.87 86.17%
1 - 30 Days 1,134 87,335,329.69 13.65
31 - 60 Days 17 1,120,813.32 0.18
61 - 90 Days 1 76,500.00 0.01
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
Debt to Income Ratio - Fixed Rate Loans
Range of Debt Number of Aggregate % of Aggregate
to Income Ratio Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
0.1% - 5.00% 8 $ 359,914.62 0.06%
5.01 - 10.00 62 3,872,608.87 0.61
10.01 - 15.00 192 9,983,730.62 1.56
15.01 - 20.00 409 21,608,075.05 3.38
20.01 - 25.00 676 40,341,794.83 6.30
25.01 - 30.00 950 60,186,460.66 9.40
30.01 - 35.00 1,263 86,148,726.64 13.46
35.01 - 40.00 1,443 104,982,412.79 16.40
40.01 - 45.00 1,815 142,242,123.29 22.23
45.01 - 50.00 1,918 153,910,360.63 24.05
50.01 - 55.00 164 16,274,632.21 2.54
55.01% - 60.00% 2 90,539.67 0.01
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
37
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Lien Position - Fixed Rate Loans
Number of Aggregate % of Aggregate
Lien Position Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
1st 7,632 $595,710,611.68 93.08%
2nd 1,270 44,290,768.20 6.92
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
Loan Purpose - Fixed Rate Loans
Number of Aggregate % of Aggregate
Loan Purpose Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------
Cash-out Refinance 2,420 $165,002,146.95 25.78%
Debt Consolidation 4,698 331,190,132.53 51.75
Home Improvement 182 14,233,542.86 2.22
Purchase 426 37,653,680.12 5.88
Rate & Term Refinance 494 42,693,940.67 6.67
Other 682 49,227,936.75 7.69
- --------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
38
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Documentation Level - Fixed Rate Loans
<TABLE>
<CAPTION>
Number of Aggregate % of Aggregate
Documentation Level Home Equity Loans Loan Balance Loan Balance
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Limited Documentation 534 $ 48,055,199.56 7.51%
No Documentation 261 21,607,519.63 3.38
Full Documentation 8,107 570,338,660.69 89.12
- ------------------------------------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
<CAPTION>
Credit Score - Fixed Rate Loans
Number of Aggregate % of Aggregate
Credit Score Home Equity Loans Loan Balance Loan Balance
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
A 5,693 $447,674,274.08 69.95%
B 1,964 123,950,190.87 19.37
C 1,078 60,903,085.03 9.52
D 167 7,473,829.90 1.17
- ----------------------------------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
<CAPTION>
Loan Type - Fixed Rate Loans
Number of Aggregate % of Aggregate
Loan Type Home Equity Loans Loan Balance Loan Balance
- ----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Fixed Rate Fully Amortizing 6,520 $469,174,932.85 73.31%
5 Year Balloon 1 25,130.97 0.00
10 Year Balloon 34 1,405,690.82 0.22
15 Year Balloon 2,346 169,335,651.84 26.46
20 Year Balloon 1 59,973.40 0.01
- ----------------------------------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
</TABLE>
39
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group I Home Equity Loans
Prepayment Penalty - Fixed Loans
<TABLE>
<CAPTION>
Number of Aggregate % of Aggregate
Prepayment Penalty Home Equity Loans Loan Balance Loan Balance
- -----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Yes 6,226 $467,404,945.65 73.03%
No 2,676 172,596,434.23 26.97
- -----------------------------------------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
<CAPTION>
Junior Lien Ratio- Fixed Loans
Number of Aggregate % of Aggregate
Range of Junior Ratio Home Equity Loans Loan Balance Loan Balance
- -----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Not Applicable 7,632 $595,710,611.68 93.08%
5.01% - 10.00% 11 154,638.82 0.02
10.01 - 15.00 154 3,410,840.29 0.53
15.01 - 20.00 281 7,331,933.83 1.15
20.01 - 25.00 222 6,925,891.38 1.08
25.01 - 30.00 198 7,423,760.32 1.16
30.01 - 35.00 120 4,804,516.58 0.75
35.01 - 40.00 79 3,077,496.60 0.48
40.01 - 45.00 59 2,892,149.46 0.45
45.01 - 50.00 48 2,666,868.70 0.42
50.01 - 55.00 32 1,759,103.55 0.27
55.01 - 60.00 17 800,338.68 0.13
60.01 - 65.00 13 814,009.17 0.13
65.01 - 70.00 6 365,124.24 0.06
70.01 - 75.00 4 185,299.06 0.03
75.01 - 80.00 8 394,926.96 0.06
80.01 - 85.00 10 716,951.81 0.11
85.01 - 90.00 5 238,137.90 0.04
90.01 - 95.00 1 81,220.07 0.01
95.01% - 100.00% 2 247,560.78 0.04
- -----------------------------------------------------------------------------------------------------------------
Total: 8,902 $640,001,379.88 100.00%
</TABLE>
40
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
41
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Collateral Description (Adjustable Rate Collateral)
<TABLE>
<CAPTION>
Group II
--------
<S> <C>
Cut-Off Date: 5/31/99
Total Outstanding Balance: $160,000,278.20
Number of Loans: 1,499
Average Remaining Balance: $106,738.01 (range: $18,750.00 - $433,678.21)
Product Type: 77.42% 2/28 LIBOR
21.30% 3/27 LIBOR
0.78% 6 month LIBOR
0.07% 2/28 T-Bill
0.43% 1 Yr. T-Bill
WA Gross Coupon: 10.04% (range: 6.75% - 16.20%)
WA Gross Margin /
WA Life Cap: 6.506% / 16.514%
WA Initial Periodic Interest
Rate Caps: 2.797% (range: 1.00% - 6.00%)
WA Months to Roll 23.44 months (range: 1 - 36 months)
WA Original Term: 360.0 Months (range: 360 - 360 months)
WA Remaining Term: 357.1 Months (range: 344 - 360 months)
WA Seasoning: 2.95 Months (range: 0 - 16 months)
Lien Position: 100% First Lien
WA Original LTV Ratio: 79.25% (range: 16% - 92%)
WA Debt to Income Ratio: 39.57% (range: 4% - 57%)
Credit Grade: 64.14% A
23.75% B
11.04% C
1.06% D
Documentation: 82.11% Full Documentation
9.33% Limited Documentation
8.57% No Documentation
Property Type: 1.05% Single Family Attached
83.09% Single Family Detached
5.40% 2-4 Family
4.88% PUD
1.83% Condominium
3.76% Manufactured Housing
Owner Occupancy: 93.76% Owner Occupied, 6.24% Investor Owned
Loan Purpose: 25.20% Cash Out Refinance, 31.67% Debt
Consolidation, 3.84% Home Improvement,
26.25% Purchase, 10.09% Other, Rate & Term
Refinance 2.95%
Geographic Distribution: CA (28.72%), UT (7.83%), MI (7.59%),
(all states greater than or
equal to 5.00%) IL (5.37%), WA (5.10%),
</TABLE>
42
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Geographic Distribution of Mortgaged Properties - Adjustable Rate Loans
<TABLE>
<CAPTION>
Number of Aggregate % of Aggregate
State Home Equity Loans Loan Balance Loan Balance
- -------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Arizona 57 $ 5,480,541.39 3.43%
Arkansas 3 189,728.61 0.12
California 275 45,943,405.80 28.72
Colorado 41 4,850,795.62 3.03
Connecticut 13 1,605,502.73 1.00
District of Columbia 3 642,754.18 0.40
Florida 60 4,912,413.55 3.07
Georgia 25 2,600,815.77 1.63
Idaho 20 1,485,775.15 0.93
Illinois 83 8,584,232.97 5.37
Indiana 30 1,893,242.26 1.18
Iowa 4 306,595.37 0.19
Kansas 12 908,023.94 0.57
Kentucky 15 1,474,315.96 0.92
Louisiana 10 779,701.88 0.49
Maine 1 95,423.97 0.06
Maryland 10 1,426,746.20 0.89
Massachusetts 18 1,745,656.64 1.09
Michigan 166 12,143,620.13 7.59
Minnesota 33 2,991,591.14 1.87
Mississippi 14 1,005,997.54 0.63
Missouri 39 2,366,922.81 1.48
Montana 6 414,063.81 0.26
Nebraska 1 83,630.25 0.05
Nevada 12 1,543,413.10 0.96
New Hampshire 2 186,325.21 0.12
New Jersey 14 1,840,136.39 1.15
New Mexico 24 2,070,464.43 1.29
New York 24 3,378,168.03 2.11
North Carolina 14 1,133,400.35 0.71
North Dakota 1 51,962.75 0.03
Ohio 79 6,202,448.53 3.88
Oklahoma 14 1,120,172.52 0.70
Oregon 31 3,037,162.32 1.90
Pennsylvania 38 2,579,079.79 1.61
Rhode Island 6 578,067.03 0.36
South Carolina 9 493,291.64 0.31
South Dakota 2 118,887.69 0.07
Tennessee 9 825,222.92 0.52
Texas 60 5,365,302.69 3.35
Utah 97 12,529,016.79 7.83
Virginia 15 1,606,446.06 1.00
Washington 65 8,161,250.50 5.10
West Virginia 5 362,443.82 0.23
Wisconsin 36 2,670,817.97 1.67
Wyoming 3 215,300.00 0.13
- -------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
43
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Distribution of Current Loan Balances - Adjustable Rate Loans
<TABLE>
<CAPTION>
Range of Number of Aggregate % of Aggregate
Remaining Principal Home Equity Loans Loan Balance Loan Balance
- -----------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
$ 0.01 - $25,000.00 24 $ 543,361.15 0.34%
25,000.01 - 050,000.00 217 8,742,481.48 5.46
50,000.01 - 075,000.00 335 20,842,036.14 13.03
75,000.01 - 100,000.00 305 26,790,584.41 16.74
100,000.01 - 125,000.00 200 22,442,776.40 14.03
125,000.01 - 150,000.00 136 18,569,891.16 11.61
150,000.01 - 175,000.00 75 12,117,367.12 7.57
175,000.01 - 200,000.00 54 10,099,970.77 6.31
200,000.01 - 225,000.00 40 8,456,939.40 5.29
225,000.01 - 250,000.00 44 10,482,423.33 6.55
250,000.01 - 275,000.00 19 4,963,735.37 3.10
275,000.01 - 300,000.00 20 5,749,598.99 3.59
300,000.01 - 325,000.00 12 3,754,372.85 2.35
325,000.01 - 350,000.00 9 3,029,332.00 1.89
350,000.01 - 400,000.00 7 2,565,563.38 1.60
$400,000.01 - $450,000.00 2 849,844.25 0.53
- -----------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Original Loan-to-Value Ratios - Adjustable Rate Loans
Range of Number of Aggregate % of Aggregate
Original LTV Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
15.01% - 20.00% 1 $ 36,000.00 0.02%
20.01 - 25.00 1 52,473.85 0.03
25.01 - 30.00 1 30,402.24 0.02
30.01 - 35.00 3 195,398.97 0.12
35.01 - 40.00 10 596,790.35 0.37
40.01 - 45.00 9 452,359.58 0.28
45.01 - 50.00 19 1,137,420.39 0.71
50.01 - 55.00 17 1,292,828.53 0.81
55.01 - 60.00 36 3,222,049.18 2.01
60.01 - 65.00 68 5,461,645.35 3.41
65.01 - 70.00 122 11,314,624.82 7.07
70.01 - 75.00 228 21,623,873.55 13.51
75.01 - 80.00 466 52,366,850.14 32.73
80.01 - 85.00 265 31,243,845.39 19.53
85.01 - 90.00 247 30,178,258.90 18.86
90.01% - 95.00% 6 795,456.96 0.50
- -----------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
44
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Distribution of Current Coupon Rates - Adjustable Rate Loans
<TABLE>
<CAPTION>
Range of Current Number of Aggregate % of Aggregate
Coupon Rates Home Equity Loans Loan Balance Loan Balance
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
0.01% - 7.00% 1 $ 288,737.43 0.18%
7.51 - 8.00 13 1,533,535.28 0.96
8.01 - 8.50 39 5,075,819.86 3.17
8.51 - 9.00 137 19,958,610.49 12.47
9.01 - 9.50 200 24,364,971.12 15.23
9.51 - 10.00 356 40,293,878.96 25.18
10.01 - 10.50 229 24,967,122.54 15.60
10.51 - 11.00 231 22,060,686.16 13.79
11.01 - 11.50 110 9,076,426.15 5.67
11.51 - 12.00 95 6,754,486.29 4.22
12.01 - 12.50 36 2,605,952.87 1.63
12.51 - 13.00 25 1,495,133.65 0.93
13.01 - 13.50 10 575,978.96 0.36
13.51 - 14.00 7 419,548.48 0.26
14.01 - 14.50 2 50,389.56 0.03
14.51 - 15.00 6 355,237.10 0.22
15.01 - 15.50 1 22,393.52 0.01
16.01% - 16.50% 1 101,369.78 0.06
- ------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
45
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Distribution of Remaining Terms to Maturity - Adjustable Rate Loans
<TABLE>
<CAPTION>
Range of Number of Aggregate % of Aggregate
Remaining Terms Home Equity Loans Loan Balance Loan Balance
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
353 and below 171 $ 20,982,192.69 13.11%
354 65 7,131,751.54 4.46
355 90 10,961,412.00 6.85
356 144 16,498,849.20 10.31
357 134 13,527,958.55 8.45
358 303 30,697,010.89 19.19
359 279 27,836,607.76 17.40
360 313 32,364,495.57 20.23
- ----------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Distribution of Months of Seasoning - Adjustable Rate Loans
Number of Aggregate % of Aggregate
Range of Seasoning Home Equity Loans Loan Balance Loan Balance
- ----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
0 - 1 592 $ 60,201,103.33 37.63%
2 - 12 894 97,809,280.97 61.13
13 - 24 132 1,989,893.90 1.24
- ----------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Distribution of Margins - Adjustable Rate Loans
Number of Aggregate % of Aggregate
Range of Margin Home Equity Loans Loan Balance Loan Balance
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
0.01% - 4.00% 2 $ 254,678.32 0.16%
4.01 - 5.00 54 7,386,667.89 4.62
5.01 - 6.00 357 44,281,131.69 27.68
6.01 - 7.00 601 65,145,707.64 40.72
7.01 - 8.00 372 33,787,993.61 21.12
8.01 - 9.00 84 6,813,863.18 4.26
9.01 - 10.00 17 1,612,440.15 1.01
10.01 - 11.00 10 617,759.91 0.39
11.01 - 12.00 1 22,393.52 0.01
12.01 - 13.00% 1 77,642.29 0.05
- ----------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
46
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Distribution of Maximum Coupon Rates - Adjustable Rate Loans
<TABLE>
<CAPTION>
Range of Maximum Number of Aggregate % of Aggregate
Coupon Rates Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
12.01% - 13.00% 1 $ 288,737.43 0.18%
13.01 - 14.00 5 439,131.18 0.27
14.01 - 15.00 99 13,427,232.19 8.39
15.01 - 16.00 397 46,314,554.50 28.95
16.01 - 17.00 503 56,777,431.42 35.49
17.01 - 18.00 316 29,782,070.70 18.61
18.01 - 19.00 125 9,760,159.89 6.10
19.01 - 20.00 31 2,028,630.80 1.27
20.01 - 21.00 14 807,967.95 0.50
21.01 - 22.00 6 225,586.90 0.14
22.01 - 23.00 1 47,405.46 0.03
23.01 - 24.00% 1 101,369.78 0.06
- --------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
47
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Month of Next Coupon Rate Change - Adjustable Rate Loans
<TABLE>
<CAPTION>
Range of Next Number of Aggregate % of Aggregate
Coupon Adjustment Home Equity Loans Loan Balance Loan Balance
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Jul-99 2 $ 251,216.42 0.16%
Aug-99 3 214,640.36 0.13
Sep-99 2 192,837.13 0.12
Oct-99 4 569,653.22 0.36
Nov-99 2 143,025.00 0.09
Dec-99 2 567,940.84 0.35
Jan-00 1 68,061.27 0.04
Mar-00 3 606,565.69 0.38
Apr-00 7 1,142,887.30 0.71
May-00 1 134,245.58 0.08
Jun-00 7 829,347.64 0.52
Jul-00 8 638,652.14 0.40
Aug-00 19 2,194,743.59 1.37
Sep-00 32 3,998,177.75 2.50
Oct-00 50 6,749,127.50 4.22
Nov-00 54 5,701,050.29 3.56
Dec-00 63 7,703,517.34 4.81
Jan-01 112 13,742,655.73 8.59
Feb-01 103 10,598,511.64 6.62
Mar-01 242 24,948,039.31 15.59
Apr-01 205 20,610,377.60 12.88
May-01 192 20,099,123.07 12.56
Jun-01 41 4,615,194.61 2.88
Jul-01 4 360,744.62 0.23
Aug-01 2 302,785.03 0.19
Sep-01 10 811,014.43 0.51
Oct-01 17 2,055,144.53 1.28
Nov-01 11 1,430,701.25 0.89
Dec-01 25 2,689,953.82 1.68
Jan-02 30 2,504,977.05 1.57
Feb-02 31 2,920,894.05 1.83
Mar-02 60 5,629,828.38 3.52
Apr-02 74 7,237,261.52 4.52
May-02 66 6,124,577.50 3.83
Jun-02 14 1,612,805.00 1.01
- -------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
48
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Types of Mortgaged Properties - Adjustable Rate Loans
<TABLE>
<CAPTION>
Number of Aggregate % of Aggregate
Property Type Home Equity Loans Loan Balance Loan Balance
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Condominium 31 $ 2,923,367.06 1.83%
Manufactured Housing 73 6,020,810.45 3.76
Planned Unit Development 49 7,800,906.93 4.88
Single Family Attached 16 1,675,597.43 1.05
Single Family Detached 1,250 132,941,343.05 83.09
Two-to-Four Family 80 8,638,253.28 5.40
- ------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Occupancy Status - Adjustable Rate Loans
Number of Aggregate % of Aggregate
Occupancy Status Home Equity Loans Loan Balance Loan Balance
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Investor Owned 122 $ 9,991,027.42 6.24%
Primary Residence 1,377 150,009,250.78 93.76
- ------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Distribution of Original Months to Maturity - Adjustable Rate Loans
Number of Aggregate % of Aggregate
Original Months to Maturity Home Equity Loans Loan Balance Loan Balance
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
360 1,499 $160,000,278.20 100.00%
- ------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
49
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Lien Position - Adjustable Rate Loans
<TABLE>
<CAPTION>
Number of Aggregate % of Aggregate
Position Lien Home Equity Loans Loan Balance Loan Balance
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1st 1,499 $160,000,278.20 100.00%
- ---------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Distribution of Minimum Coupon Rates - Adjustable Rate Loans
Range of Number of Aggregate % of Aggregate
Minimum Coupons Home Equity Loans Loan Balance Loan Balance
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
6.01% - 7.00% 2 $ 342,594.09 0.21%
7.01 - 8.00 13 1,533,535.28 0.96
8.01 - 9.00 176 25,034,430.35 15.65
9.01 - 10.00 556 64,658,850.08 40.41
10.01 - 11.00 459 46,973,952.04 29.36
11.01 - 12.00 205 15,830,912.44 9.89
12.01 - 13.00 61 4,101,086.52 2.56
13.01 - 14.00 17 995,527.44 0.62
14.01 - 15.00 8 405,626.66 0.25
15.01 - 16.00 1 22,393.52 0.01
16.01% - 17.00% 1 101,369.78 0.06
- ---------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Days Delinquent - Adjustable Rate Loans
Number of Aggregate % of Aggregate
Days Delinquent Home Equity Loans Loan Balance Loan Balance
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Current 1,213 $129,796,033.92 81.12%
1 - 30 262 27,800,457.88 17.38
31 - 60 23 2,280,597.03 1.43
61 - 90 1 123,189.37 0.08
- ---------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
50
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Credit Score - Adjustable Rate Loans
<TABLE>
<CAPTION>
Number of Aggregate % of Aggregate
Credit Grade Home Equity Loans Loan Balance Loan Balance
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
A 882 $102,626,837.05 64.14%
B 368 38,005,045.83 23.75
C 222 17,666,320.85 11.04
D 27 1,702,074.47 1.06
- -------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Product Type - Adjustable Rate Loans
Number of Aggregate % of Aggregate
Product Type Home Equity Loans Loan Balance Loan Balance
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1 Yr T-Bill 6 $ 688,086.37 0.43%
2/28 T-Bill 1 112,414.90 0.07
2/28 LIBOR 1,135 123,865,253.90 77.42
3/27 LIBOR 348 34,083,296.43 21.30
6 M LIBOR 9 1,251,226.60 0.78
- -------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Debt to Income Ratio - Adjustable Rate Loans
Range of Debt Number of Aggregate % of Aggregate
to Income Home Equity Loans Loan Balance Loan Balance
- -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
0.01% - 5.00% 2 $ 189,420.33 0.12%
5.01 - 10.00 5 306,967.48 0.19
10.01 - 15.00 17 1,183,923.55 0.74
15.01 - 20.00 51 3,433,181.00 2.15
20.01 - 25.00 107 9,653,203.69 6.03
25.01 - 30.00 146 13,478,395.17 8.42
30.01 - 35.00 205 19,803,567.23 12.38
35.01 - 40.00 281 29,194,075.12 18.25
40.01 - 45.00 296 32,955,286.62 20.60
45.01 - 50.00 310 38,141,298.59 23.84
50.01 - 55.00 75 10,769,844.97 6.73
55.01% - 60.00% 4 891,114.45 0.56
- -------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
51
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Loan Purpose - Adjustable Rate Loans
<TABLE>
<CAPTION>
Loan Number of Aggregate % of Aggregate
Purpose Home Equity Loans Loan Balance Loan Balance
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Cash-out Refinance 403 $ 40,314,999.58 25.20%
Debt Consolidation 483 50,667,054.68 31.67
Home Improvement 52 6,136,346.74 3.84
Purchase 379 42,007,393.48 26.25
Rate & Term Refinance 39 4,723,343.71 2.95
Other 143 16,151,140.01 10.09
- ------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Initial Periodic Cap - Adjustable Rate Loans
Initial Number of Aggregate % of Aggregate
Rate Cap Home Equity Loans Loan Balance Loan Balance
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1.00% 49 $ 6,092,158.26 3.81%
1.50 106 12,399,788.01 7.75
2.00 53 4,846,474.78 3.03
3.00 1,281 135,596,811.63 84.75
5.00 1 53,856.66 0.03
6.00% 9 1,011,188.86 0.63
- ------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
52
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
<PAGE>
CONTIMORTGAGE HOME EQUITY LOAN TRUST 1999-3
- --------------------------------------------------------------------------------
Computational Materials
Group II Home Equity Loans
Subsequent Periodic Cap - Adjustable Rate Loans
<TABLE>
<CAPTION>
Number of Aggregate % of Aggregate
Periodic Cap Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1.00% 1,350 $141,156,689.05 88.22%
1.50 116 15,394,122.27 9.62
2.00 6 564,752.49 0.35
3.00% 27 2,884,714.39 1.80
- --------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Documentation Level - Adjustable Rate Loans
Number of Aggregate % of Aggregate
Documentation Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Full Documentation 1,255 $131,372,124.90 82.11%
Limited Documentation 123 14,922,676.20 9.33
No Documentation 121 13,705,477.10 8.57
- --------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
<CAPTION>
Prepayment Penalty - Adjustable Rate Loans
Prepay Number of Aggregate % of Aggregate
Penalty Home Equity Loans Loan Balance Loan Balance
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Yes 1,261 $134,769,684.35 84.23%
No 238 25,230,593.85 15.77
- --------------------------------------------------------------------------------------------------------------------
TOTAL 1,499 $160,000,278.20 100.00%
</TABLE>
53
================================================================================
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.
CREDIT FIRST
SUISSE BOSTON
