RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
GMAC RFC
REVISED TERM SHEET DATED September 12, 2000
Note: Structural Term Sheet previously distributed on September 11, 2000, as
amended. Additional information provided solely in the section titled Credit
Enhancement on page 6.
The following is a preliminary Term Sheet. All terms and statements
are subject to change.
$1,425,000,000 (Approximate)
--------------------------------------------------------------------------------
Home Equity Mortgage Asset-Backed Pass-Through Certificates,
Series 2000-KS4
--------------------------------------------------------------------------------
Prudential Securities
--------------------------------------------------------------------------------
The information herein has been provided solely by Prudential Securities
Incorporated ("PSI") based on information with respect to the mortgage loans
provided by Residential Funding Corporation ("RFC") and its affiliates. Neither
RFC nor any of its affiliates makes any representation as to the accuracy or
completeness of the information herein. The information herein is preliminary
and supersedes any prior information and will be superseded by the prospectus
supplement and by any other information subsequently filed with the Securities
and Exchange Commissions (SEC). All assumptions and information in this report
reflect PSI's judgment as of this date and are subject to change. All analyses
are based on certain assumptions noted herein and different assumptions could
yield substantially different results. You are cautioned that there is no
universally accepted method for analyzing financial instruments. You should
review the assumptions; there may be differences between these assumptions and
your actual business practices. Further, PSI does not guarantee any results and
there is no guarantee as to the liquidity of the instruments involved in this
analysis. The decision to adopt any strategy remains your responsibility. PSI
(or any of its affiliates) or their officers, directors, analysts or employees
may have positions in securities, commodities or derivative instruments thereon
referred to here, and may, as principal or agent, buy or sell such securities,
commodities or derivative instruments. In addition, PSI may make a market in the
securities referred to herein. Neither the information nor the assumptions
reflected herein shall be construed to be, or constitute, an offer to sell or
buy or a solicitation of an offer to sell or buy any securities, commodities or
derivative instruments mentioned herein. No sale of any securities, commodities
or derivative instruments should be consummated without the purchaser first
having received a prospectus and, if required prospectus supplement. Finally,
PSI has not addressed the legal, accounting and tax implications of the analysis
with respect to you, and PSI strongly urges you to seek advice from your
counsel, accountant and tax advisor.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
PRELIMINARY INFORMATION ONLY
----------------- -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Class Class A-I-2 Class A-I-3 Class Class A-I-5(1) Class Class A-II(2)
A-I-1(1) A-I-4(1) A-I-6(1)
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
<S> <C> <C> <C> <C> <C> <C> <C>
Amount: $170,000,000 $59,000,000 $82,000,000 $84,000,000 $55,000,000 $50,000,000 $925,000,000
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Type: FLOATING-RATE FIXED-RATE FIXED-RATE FIXED-RATE FIXED-RATE FIXED-RATE FLOATING-RATE
SEN/SEQ SEN/SEQ SEN/SEQ SEN/SEQ SEN/SEQ SEN/NAS
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Collateral Group: GROUP I GROUP I GROUP I GROUP I GROUP I GROUP I GROUP II
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Coupon: 1ML+[TBD]% [TBD]% [TBD]% [TBD]% [TBD]% (3) [TBD]% 1ML+[TBD]%(4)
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Approx. Price [TBD]% [TBD]% [TBD]% [TBD]% [TBD]% [TBD]% [TBD]%
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Yield (%): [TBD]% [TBD]% [TBD]% [TBD]% [TBD]% [TBD]% [TBD]%
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Spread (%): [TBD]% [TBD]% [TBD]% [TBD]% [TBD]% [TBD]% [TBD]%
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Avg Life 0.850 2.003 3.000 4.997 8.429 6.476 2.595
(To Call):
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Avg Life 0.850 2.003 3.000 4.997 10.747 6.594 2.833
(To Mat):
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
1st Prin Pymt 10/25/00 5/25/02 2/25/03 6/25/04 7/25/07 10/25/03 10/25/00
(To Call):
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Last Prin Pymt 5/25/02 2/25/03 6/25/04 7/25/07 5/25/09 5/25/09 8/25/07
(To Call):
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Last Prin Pymt 5/25/02 2/25/03 6/25/04 7/25/07 10/25/18 8/25/18 5/25/16
(To Mat):
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Stated Mat: 10/25/16 9/25/21 1/25/26 12/25/28 9/25/31 9/25/31 9/25/31
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Expected [9/28/2000] [9/28/2000] [9/28/2000] [9/28/2000] [9/28/2000] [9/28/2000] [9/28/2000]
Settlement:
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Payment Delay: 0 DAYS 24 DAYS 24 DAYS 24 DAYS 24 DAYS 24 DAYS 0 DAYS
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Interest Payment ACT/360 30/360 30/360 30/360 30/360 30/360 ACT/360
Basis:
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Dated Date: [9/28/2000] [9/1/2000] [9/1/2000] [9/1/2000] [9/1/2000] [9/1/2000] [9/28/2000]
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Ratings AAA/Aaa AAA/Aaa AAA/Aaa AAA/Aaa AAA/Aaa AAA/Aaa AAA/Aaa
(S&P/Moody's):
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Pricing Date: [TBD] [TBD] [TBD] [TBD] [TBD] [TBD] [TBD]
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
Prepayment Speed: 23% HEP 23% HEP 23% HEP 23% HEP 23% HEP 23% HEP 28% CPR
------------------ -------------- --------------- -------------- -------------- --------------- -------------- ----------------
</TABLE>
(1) May be subject to Group I Net WAC Cap (initially 10.262%).
(2) May be subject to Group II Net WAC Cap. See schedule on Page 19.
(3) The coupon will step-up by 0.50% if optional clean-up call is not
exercised(subject to the Group I Net WAC Cap).
(4) The margin will double if optional clean-up call is not exercised
(subject to the Group II Net WAC Cap).
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
SUMMARY OF TERMS
Titleof Securities: RASC Series 2000-KS4 Home Equity Mortgage Asset-Backed
Pass-Through Certificates, Series 2000-KS4
Group I: Classes A-I-1 through Class A-I-6 (the "Class A-I
Certificates");
Group II: Class A-II (the "Class A-II Certificates");
The Class A-I Certificates are backed by the Fixed-Rate
Loan Pool (the "Group I Loans") and the Class A-II
Certificates are backed by the Adjustable-Rate Loan
Pool (the "Group II Loans").
The Class A-I Certificates together with the Class A-II
Certificates comprise the "Certificates".
GroupI Loans: Fixed-rate 1st lien and 2nd lien home equity
loans, referred to as the "Group I Mortgage Loans". The
aggregate principal balance of the fixed-rate Mortgage
Loans will be approximately [$500,000,000] as of the
closing date.
GroupII Loans: Adjustable-rate 1st lien home equity loans,
referred to as the "Group II Mortgage Loans". The aggregate
principal balance of the adjustable-rate Mortgage Loans will
be approximately [$925,000,000] as of the closing date.
The Group I Mortgage Loans together with the Group II
Mortgage Loans comprise the "Mortgage Loans".
Depositor: Residential Asset Securities Corporation
Master Servicer: Residential Funding Corporation, an indirect, wholly-owned
subsidiary of GMAC Mortgage Group, Inc.
Servicing Fees: Group I: Approximately [52.3] bps.
Group II: Approximately [57.8] bps.
Lead Underwriter: Prudential Securities
Co-Managers: Bear Stearns
Credit Suisse First Boston
Residential Funding Securities Corporation
Salomon Smith Barney
Trustee: Bank One, National Association
Aggregate Group I
Certificate Balance: $[500,000,000]
Aggregate Group II
Certificate Balance: $[925,000,000]
Securities Offered: FGIC-insured, pass-through certificates
Certificate Insurer: Financial Guaranty Insurance Company ("FGIC"). FGIC's
claims-paying ability is rated "AAA" by Standard & Poor's
and "Aaa" by Moody's Investors Service.
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Certificate Insurance Policy: The Certificate Insurance
Policy will provide 100% coverage of timely interest
(net of certain shortfalls), principal portions of any
allocated realized losses, and ultimate principal
payments due on the Certificates.
Offering: Public shelf offering.
Settlement Date: On or about [9/28/00]
Form of Certificates: Book-Entry form, same-day funds through DTC, Euroclear
or Clearstream, Luxembourg.
GroupI Prepayment Assumption: 23% HEP (2.3% CPR in month 1 with monthly
incremental increases of 2.3% CPR until
the speed reaches 23% CPR in month 10 and 23% CPR
thereafter).
Group II Prepayment Assumption: 28% CPR
Distribution Date: The 25th day of each month (or, if any
such date is not a business day, the first business day
thereafter) commencing in October 2000. The payment
delay will be 0 days for the Class A-I-1 Certificates
and the Class A-II Certificates and 24 days for the
Class A-I-2, Class A-I-3, Class A-I-4, Class A-I-5 and
Class A-I-6 Certificates.
Collateral Information: The collateral information presented
herein is based on two collateral pools that existed on
August 1, 2000. The Group I Mortgage Loans had a
balance of $403,363,331.93 and the Group II Mortgage
Loans had a balance of $669,524,490.49. The actual
collateral will be accumulated before the Settlement
Date to reach an expected closing date pool balance of
approximately $500,000,000 and $925,000,000 for the
Group I Mortgage Loans and the Group II Mortgage Loans,
respectively. The characteristics of such additional
collateral are not expected to be materially different
from the collateral information presented herein.
ClassA-I Principal Paydown: Amounts available for distribution as principal
will be allocated in the following priority:
1) Pay to the Class A-I-6 Certificates the Class A-I-6
Lockout Distribution Amount
2) Pay to the Class A-I-1 through A-I-6 Certificates,
sequentially, until each is reduced to zero.
ClassA-I-6 Lockout Distribution Amount: For any Distribution
Date will be the product of (i) theClass A-I-6 Lockout
Percentage for such Distribution Date and (ii) the
Class A-I-6 Pro-Rata Distribution Amount for such
Distribution Date.
The Class A-I-6: For each Distribution Date shall be as follows:
Lockout Percentage: October 2000 to September 2003 ==> 0%
October 2003 to September 2005 ==> 45%
October 2005 to September 2006 ==> 80%
October 2006 to September 2007 ==> 100%
October 2007 and after ==> 300%
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
ClassA-I-6 Pro-Rata Distribution Amount:
For any Distribution Date will be an amount equal to the product
of (x) (i) the Class A-I-6 Certificate Principal Balance (on the
prior Distribution Date) as a percentage of (ii) the aggregate
principal balance of the Class A-I Certificates (on the prior
Distribution Date), and (y) the amount of principal available for
distribution on the Class A-I Certificates on the related
Distribution Date.
Class A-II Principal Paydown:
Amounts available for distribution as
principal will be allocated to the Class A-II Certificates until
the Class A-II Certificate balance is reduced to zero.
Group I Optional Termination:
At its option, on any date when the aggregate principal balance
of the Group I Loans is equal to or less than 10% of the original
principal balance of the Group I Loans (the first such date, the
"Group I Optional Termination Date"), the Master Servicer or the
Company will have the right to purchase all the remaining Group I
Loans and thereby effect early retirement of the Group I
Certificates.
Group II Optional Termination:
At its option, on any date when the aggregate principal balance
of the Group II Loans is equal to or less than 10% of the
original principal balance of the Group II Loans (the first such
date, the "Group II Optional Termination Date"), the Master
Servicer or the Company will have the right to purchase all the
remaining Group II Loans and thereby effect early retirement of
the Group II Certificates.
Coupon Step-up:
The coupon on the Class A-I-5 Certificates will increase by [50]
basis points after the Group I Optional Termination Date subject
to Group I Net WAC Cap.
The margin on the Class A-II Certificates will increase to two
times the initial Class A-II margin after the Group II Optional
Termination Date subject to Group II Net WAC Cap.
Group I Net WAC Cap:
A rate equal to the weighted average net mortgage rate on the
Group I Loans less the surety premium.
Group II Net WAC Cap:
A rate equal to the weighted average net mortgage rate on the
Group II Loans lessthe surety premium.
Interest Accrual Period:
On the Class A-I-1 Certificates and the Class A-II Certificates,
interest will accrue from the Closing Date to but excluding the
first Distribution Date in October 2000. In future periods,
interest will accrue on the Class A-I-1 Certificates and the
Class A-II Certificates from the preceding Distribution Date to
but excluding the current Distribution Date.
Interest on the Class A-I-2, Class A-I-3, Class A-I-4, Class
A-I-5, and Class A-I-6 Certificates will accrue during the
calendar month preceding the related Distribution Date assuming a
year consisting of twelve 30-day months.
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Credit Enhancement: A combination of: (i) The use of excess
cashflow to create overcollateralization; (ii) limited
cross-collateralization (i.e., if available, excess cash from
either pool will cover shortfalls); and (iii) the Certificate
Insurance Policy from FGIC.
Note: The required maintenance levels of O/C are expected to be
as follows: Group I O/C: Initial [0.00%] building to [1.75%]. At
any time after month [24] that the remaining principal balance of
the Group I Loan Pool is less than [50%] of its initial balance,
the required O/C will step down to the lesser of [3.50%] of the
current principal balance of the Group I Loan Pool and [1.75%]of
its original principal balance, but not less than [0.50%] of the
original principal balance of the Group I Loan Pool.
Group II O/C: Initial [0.00%] building to [3.50%].
At any time after month [24] that the remaining principal balance
of the Group II Loan Pool is less than [50%] of its initial
balance, the required O/C will step down to the lesser of [7.00%]
of the current principal balance of the Group II Loan Pool and
[3.50%] of its original principal balance, but not less than
[0.50%] of the original principal balance of the Group II Loan
Pool.
ERISA Considerations: Subject to the considerations and conditions described in
the Prospectus Supplement, it is expected that the
Certificates may be purchased by employee benefit plans
that are subject to ERISA.
Taxation:
REMIC election.
Legal Investment: None of the Certificates will be SMMEA-eligible.
Certificates Ratings:
The Certificates will be rated "AAA" by Standard & Poor's
and "Aaa" by Moody's Investors Service.
Further Information: Banking: Peter Cerwin (212) 778-2220
John Plum (212) 778-1492
Kenny Rosenberg (212) 778-2440
Research: Peter Rubinstein (212) 778-4603
Structuring: Howard Blecher (212) 778-4429
Cheng Lee (212) 778-7184
Trading: Rob Karr (212) 778-2741
Chris Skardon (212) 778-2741
Chris Connors (212) 778-2741
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Class A-I Certificate Sensitivity Analysis to Call
--------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Group I % of HEP 14.0% 18.0% 23.0% 28.0% 32.0%
Class A-I-1
Avg. Life (yrs) 1.293 1.044 0.850 0.723 0.649
Modified Duration (yrs) 1.184 0.968 0.795 0.680 0.613
First Payment (yrs) 0.075 0.075 0.075 0.075 0.075
Last Payment (yrs) 2.658 2.075 1.658 1.408 1.242
Class A-I-2
Avg. Life (yrs) 3.251 2.542 2.003 1.652 1.447
Modified Duration (yrs) 2.796 2.243 1.803 1.506 1.329
First Payment (yrs) 2.658 2.075 1.658 1.408 1.242
Last Payment (yrs) 3.908 2.992 2.408 1.908 1.658
Class A-I-3
Avg. Life (yrs) 5.085 3.899 3.000 2.438 2.121
Modified Duration (yrs) 4.088 3.270 2.599 2.157 1.897
First Payment (yrs) 3.908 2.992 2.408 1.908 1.658
Last Payment (yrs) 6.492 4.908 3.742 2.992 2.575
Class A-I-4
Avg. Life (yrs) 9.490 6.956 4.997 3.929 3.340
Modified Duration (yrs) 6.470 5.170 3.999 3.272 2.843
First Payment (yrs) 6.492 4.908 3.742 2.992 2.575
Last Payment (yrs) 12.908 10.158 6.825 5.158 4.325
Class A-I-5
Avg. Life (yrs) 13.754 10.917 8.429 6.479 5.462
Modified Duration (yrs) 8.136 7.088 5.954 4.897 4.281
First Payment (yrs) 12.908 10.158 6.825 5.158 4.325
Last Payment (yrs) 13.825 10.992 8.658 6.992 6.075
Class A-I-6
Avg. Life (yrs) 7.589 7.032 6.476 5.861 5.337
Modified Duration (yrs) 5.516 5.226 4.921 4.565 4.245
First Payment (yrs) 3.075 3.075 3.075 3.075 3.075
Last Payment (yrs) 13.825 10.992 8.658 6.992 6.075
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Class A-I Certificate Sensitivity Analysis to Maturity
--------------------------------------------------------------------------------
Class A-I-5
<S> <C> <C> <C> <C> <C>
Avg. Life (yrs) 16.709 13.725 10.747 8.222 6.618
Modified Duration (yrs) 8.920 8.040 6.914 5.727 4.876
First Payment (yrs) 12.908 10.158 6.825 5.158 4.325
Last Payment (yrs) 25.992 22.325 18.075 14.825 13.325
Class A-I-6
Avg. Life (yrs) 7.605 7.080 6.594 6.233 6.011
Modified Duration (yrs) 5.522 5.245 4.977 4.768 4.634
First Payment (yrs) 3.075 3.075 3.075 3.075 3.075
Last Payment (yrs) 25.825 22.158 17.908 14.742 13.158
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Class A-II Certificate Sensitivity Analysis to Call
--------------------------------------------------------------------------------
Group II % of CPR 14.0% 20.0% 28.0% 35.0% 40.0%
Class A-II
<S> <C> <C> <C> <C> <C>
Avg. Life (yrs) 5.446 3.765 2.595 2.001 1.695
Modified Duration (yrs) 3.943 2.964 2.174 1.732 1.493
First Payment (yrs) 0.075 0.075 0.075 0.075 0.075
Last Payment (yrs) 14.492 10.075 6.908 5.325 4.492
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------
Class A-II Certificate Sensitivity Analysis to Maturity
--------------------------------------------------------------------------------
Class A-II
<S> <C> <C> <C> <C> <C>
Avg. Life (yrs) 5.858 4.096 2.833 2.182 1.851
Modified Duration (yrs) 4.062 3.097 2.300 1.842 1.594
First Payment (yrs) 0.075 0.075 0.075 0.075 0.075
Last Payment (yrs) 27.158 21.908 15.658 12.158 10.242
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
CLASS A-I-1 DISCOUNT MARGIN ACT/360 TABLE TO CALL
CURRENT BALANCE: $170,000,000.00
CURRENT COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $170,000,000.00
DATED DATE: 09/28/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
ASSUMED CONST.1ML: 6.6200
<TABLE>
<CAPTION>
PRICING SPEED(% of HEP)
<S> <C> <C> <C> <C> <C> <C>
PRICE 23.0% 14.00% 18.00% 23.00% 28.00% 32.00%
99-24 39.24 29.30 33.85 39.24 44.36 48.27
99-24+ 37.35 28.03 32.29 37.35 42.15 45.81
99-25 35.45 26.76 30.74 35.45 39.93 43.36
99-25+ 33.56 25.49 29.18 33.56 37.72 40.90
99-26 31.67 24.22 27.63 31.67 35.51 38.44
99-26+ 29.78 22.95 26.07 29.78 33.30 35.99
99-27 27.89 21.68 24.52 27.89 31.09 33.53
99-27+ 26.00 20.41 22.97 26.00 28.88 31.07
99-28 24.11 19.14 21.41 24.11 26.66 28.62
99-28+ 22.22 17.87 19.86 22.22 24.46 26.17
99-29 20.33 16.60 18.31 20.33 22.25 23.71
99-29+ 18.44 15.34 16.76 18.44 20.04 21.26
99-30 16.55 14.07 15.20 16.55 17.83 18.81
99-30+ 14.66 12.80 13.65 14.66 15.62 16.35
99-31 12.77 11.53 12.10 12.77 13.41 13.90
99-31+ 10.89 10.27 10.55 10.89 11.21 11.45
100-00 9.00 9.00 9.00 9.00 9.00 9.00
100-00+ 7.11 7.73 7.45 7.11 6.79 6.55
100-01 5.23 6.47 5.90 5.23 4.59 4.10
100-01+ 3.34 5.20 4.35 3.34 2.38 1.65
First Payment 0.075 0.075 0.075 0.075 0.075 0.075
Average Life 0.850 1.293 1.044 0.850 0.723 0.649
Last Payment 1.658 2.658 2.075 1.658 1.408 1.242
Mod.Dur. @ 100-00 0.795 1.184 0.968 0.795 0.680 0.613
Accrued Interest 0.000 0.000 0.000 0.000 0.000 0.000
</TABLE>
----------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-I-2 BE-Yield Table to Call
CURRENT BALANCE: $59,000,000.00
CURRENT COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $59,000,000.00
DATED DATE: 09/01/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
<TABLE>
<CAPTION>
PREPAYMENT SPEED
PRICING SPEED(HEP)
23.0%/ 14.00%/ 18.00%/ 23.00%/ 28.00%/ 32.00%/
PRICE
<S> <C> <C> <C> <C> <C> <C>
99-24 7.31 7.36 7.34 7.31 7.29 7.27
99-24+ 7.30 7.36 7.33 7.30 7.28 7.25
99-25 7.30 7.35 7.33 7.30 7.27 7.24
99-25+ 7.29 7.34 7.32 7.29 7.26 7.23
99-26 7.28 7.34 7.31 7.28 7.25 7.22
99-26+ 7.27 7.33 7.30 7.27 7.24 7.21
99-27 7.26 7.33 7.30 7.26 7.23 7.20
99-27+ 7.25 7.32 7.29 7.25 7.21 7.18
99-28 7.24 7.32 7.28 7.24 7.20 7.17
99-28+ 7.24 7.31 7.28 7.24 7.19 7.16
99-29 7.23 7.30 7.27 7.23 7.18 7.15
99-29+ 7.22 7.30 7.26 7.22 7.17 7.14
99-30 7.21 7.29 7.26 7.21 7.16 7.13
99-30+ 7.20 7.29 7.25 7.20 7.15 7.11
99-31 7.19 7.28 7.24 7.19 7.14 7.10
99-31+ 7.18 7.28 7.24 7.18 7.13 7.09
100-00 7.18 7.27 7.23 7.18 7.12 7.08
100-00+ 7.17 7.27 7.22 7.17 7.11 7.07
100-01 7.16 7.26 7.21 7.16 7.10 7.06
100-01+ 7.15 7.25 7.21 7.15 7.09 7.04
100-02 7.14 7.25 7.20 7.14 7.08 7.03
100-02+ 7.13 7.24 7.19 7.13 7.07 7.02
100-03 7.12 7.24 7.19 7.12 7.06 7.01
100-03+ 7.12 7.23 7.18 7.12 7.05 7.00
100-04 7.11 7.23 7.17 7.11 7.04 6.99
100-04+ 7.10 7.22 7.17 7.10 7.03 6.97
100-05 7.09 7.22 7.16 7.09 7.02 6.96
100-05+ 7.08 7.21 7.15 7.08 7.01 6.95
100-06 7.07 7.20 7.15 7.07 7.00 6.94
100-06+ 7.06 7.20 7.14 7.06 6.99 6.93
100-07 7.05 7.19 7.13 7.05 6.98 6.92
100-07+ 7.05 7.19 7.12 7.05 6.97 6.90
First Payment 1.658 2.658 2.075 1.658 1.408 1.242
Average Life 2.003 3.251 2.542 2.003 1.652 1.447
Last Payment 2.408 3.908 2.992 2.408 1.908 1.658
Mod.Dur. @ 100-00 1.803 2.796 2.243 1.803 1.506 1.329
Accrued Interest 0.550 0.550 0.550 0.550 0.550 0.550
</TABLE>
-----------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-I-3 BE-Yield Table to Call
CURRENT BALANCE: $82,000,000.00
CURRENT COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $82,000,000.00
DATED DATE: 09/01/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
<TABLE>
<CAPTION>
PRICING SPEED(HEP)
<S> <C> <C> <C> <C> <C> <C>
PRICE 23.0% 14.00% 18.00% 23.00% 28.00% 32.00%
99-24 7.42 7.46 7.44 7.42 7.40 7.39
99-24+ 7.42 7.45 7.44 7.42 7.39 7.38
99-25 7.41 7.45 7.43 7.41 7.39 7.37
99-25+ 7.40 7.44 7.43 7.40 7.38 7.36
99-26 7.40 7.44 7.42 7.40 7.37 7.35
99-26+ 7.39 7.44 7.42 7.39 7.37 7.35
99-27 7.39 7.43 7.41 7.39 7.36 7.34
99-27+ 7.38 7.43 7.41 7.38 7.35 7.33
99-28 7.37 7.43 7.40 7.37 7.34 7.32
99-28+ 7.37 7.42 7.40 7.37 7.34 7.31
99-29 7.36 7.42 7.39 7.36 7.33 7.30
99-29+ 7.36 7.41 7.39 7.36 7.32 7.30
99-30 7.35 7.41 7.38 7.35 7.32 7.29
99-30+ 7.34 7.41 7.38 7.34 7.31 7.28
99-31 7.34 7.40 7.37 7.34 7.30 7.27
99-31+ 7.33 7.40 7.37 7.33 7.29 7.26
100-00 7.33 7.39 7.36 7.33 7.29 7.26
100-00+ 7.32 7.39 7.36 7.32 7.28 7.25
100-01 7.31 7.39 7.35 7.31 7.27 7.24
100-01+ 7.31 7.38 7.35 7.31 7.27 7.23
100-02 7.30 7.38 7.35 7.30 7.26 7.22
100-02+ 7.30 7.38 7.34 7.30 7.25 7.21
100-03 7.29 7.37 7.34 7.29 7.24 7.21
100-03+ 7.28 7.37 7.33 7.28 7.24 7.20
100-04 7.28 7.36 7.33 7.28 7.23 7.19
100-04+ 7.27 7.36 7.32 7.27 7.22 7.18
100-05 7.27 7.36 7.32 7.27 7.21 7.17
100-05+ 7.26 7.35 7.31 7.26 7.21 7.17
100-06 7.25 7.35 7.31 7.25 7.20 7.16
100-06+ 7.25 7.35 7.30 7.25 7.19 7.15
100-07 7.24 7.34 7.30 7.24 7.19 7.14
100-07+ 7.24 7.34 7.29 7.24 7.18 7.13
First Payment 2.408 3.908 2.992 2.408 1.908 1.658
Average Life 3.000 5.085 3.899 3.000 2.438 2.121
Last Payment 3.742 6.492 4.908 3.742 2.992 2.575
Mod.Dur. @ 100-00 2.599 4.088 3.270 2.599 2.157 1.897
Accrued Interest 0.555 0.555 0.555 0.555 0.555 0.555
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-I-4 BE-Yield Table to Call
CURRENT BALANCE: $84,000,000.00
COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $84,000,000.00
DATED DATE: 09/01/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
<TABLE>
<CAPTION>
PRICING SPEED(% of HEP)
<S> <C> <C> <C> <C> <C> <C>
PRICE 23.0% 14.00% 18.00% 23.00% 28.00% 32.00%
99-24 7.70 7.72 7.71 7.70 7.68 7.67
99-24+ 7.69 7.72 7.71 7.69 7.68 7.67
99-25 7.69 7.72 7.71 7.69 7.67 7.66
99-25+ 7.69 7.72 7.70 7.69 7.67 7.65
99-26 7.68 7.71 7.70 7.68 7.66 7.65
99-26+ 7.68 7.71 7.70 7.68 7.66 7.64
99-27 7.67 7.71 7.69 7.67 7.65 7.64
99-27+ 7.67 7.71 7.69 7.67 7.65 7.63
99-28 7.67 7.70 7.69 7.67 7.65 7.63
99-28+ 7.66 7.70 7.69 7.66 7.64 7.62
99-29 7.66 7.70 7.68 7.66 7.64 7.62
99-29+ 7.65 7.70 7.68 7.65 7.63 7.61
99-30 7.65 7.69 7.68 7.65 7.63 7.61
99-30+ 7.65 7.69 7.67 7.65 7.62 7.60
99-31 7.64 7.69 7.67 7.64 7.62 7.59
99-31+ 7.64 7.69 7.67 7.64 7.61 7.59
100-00 7.64 7.68 7.66 7.64 7.61 7.58
100-00+ 7.63 7.68 7.66 7.63 7.60 7.58
100-01 7.63 7.68 7.66 7.63 7.60 7.57
100-01+ 7.62 7.68 7.66 7.62 7.59 7.57
100-02 7.62 7.67 7.65 7.62 7.59 7.56
100-02+ 7.62 7.67 7.65 7.62 7.58 7.56
100-03 7.61 7.67 7.65 7.61 7.58 7.55
100-03+ 7.61 7.67 7.64 7.61 7.57 7.55
100-04 7.60 7.66 7.64 7.60 7.57 7.54
100-04+ 7.60 7.66 7.64 7.60 7.56 7.53
100-05 7.60 7.66 7.63 7.60 7.56 7.53
100-05+ 7.59 7.66 7.63 7.59 7.55 7.52
100-06 7.59 7.66 7.63 7.59 7.55 7.52
100-06+ 7.58 7.65 7.63 7.58 7.55 7.51
100-07 7.58 7.65 7.62 7.58 7.54 7.51
100-07+ 7.58 7.65 7.62 7.58 7.54 7.50
First Payment 3.742 6.492 4.908 3.742 2.992 2.575
Average Life 4.997 9.490 6.956 4.997 3.929 3.340
Last Payment 6.825 12.908 10.158 6.825 5.158 4.325
Mod.Dur. @ 100-00 3.999 6.470 5.170 3.999 3.272 2.843
Accrued Interest 0.573 0.573 0.573 0.573 0.573 0.573
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-I-5 BE-Yield Table to Call
CURRENT BALANCE: $55,000,000.00
COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $55,000,000.00
DATED DATE: 9/1/00
FIRST PAYMENT DATE: 10/25/00
YIELD TABLE DATE: 09/28/00
<TABLE>
<CAPTION>
PRICING SPEED(% of HEP)
<S> <C> <C> <C> <C> <C> <C>
PRICE 23.0%/ 14.00%/ 18.00%/ 23.00%/ 28.00%/ 32.00%/
99-24 7.94 7.95 7.95 7.94 7.93 7.92
99-24+ 7.94 7.95 7.94 7.94 7.93 7.92
99-25 7.93 7.95 7.94 7.93 7.92 7.91
99-25+ 7.93 7.95 7.94 7.93 7.92 7.91
99-26 7.93 7.94 7.94 7.93 7.92 7.91
99-26+ 7.93 7.94 7.93 7.93 7.91 7.90
99-27 7.92 7.94 7.93 7.92 7.91 7.90
99-27+ 7.92 7.94 7.93 7.92 7.91 7.90
99-28 7.92 7.94 7.93 7.92 7.90 7.89
99-28+ 7.91 7.93 7.93 7.91 7.90 7.89
99-29 7.91 7.93 7.92 7.91 7.90 7.88
99-29+ 7.91 7.93 7.92 7.91 7.89 7.88
99-30 7.91 7.93 7.92 7.91 7.89 7.88
99-30+ 7.90 7.93 7.92 7.90 7.89 7.87
99-31 7.90 7.92 7.92 7.90 7.88 7.87
99-31+ 7.90 7.92 7.91 7.90 7.88 7.87
100-00 7.90 7.92 7.91 7.90 7.88 7.86
100-00+ 7.89 7.92 7.91 7.89 7.87 7.86
100-01 7.89 7.92 7.91 7.89 7.87 7.86
100-01+ 7.89 7.91 7.90 7.89 7.87 7.85
100-02 7.89 7.91 7.90 7.89 7.87 7.85
100-02+ 7.88 7.91 7.90 7.88 7.86 7.84
100-03 7.88 7.91 7.90 7.88 7.86 7.84
100-03+ 7.88 7.91 7.90 7.88 7.86 7.84
100-04 7.88 7.90 7.89 7.88 7.85 7.83
100-04+ 7.87 7.90 7.89 7.87 7.85 7.83
100-05 7.87 7.90 7.89 7.87 7.85 7.83
100-05+ 7.87 7.90 7.89 7.87 7.84 7.82
100-06 7.87 7.90 7.88 7.87 7.84 7.82
100-06+ 7.86 7.90 7.88 7.86 7.84 7.82
100-07 7.86 7.89 7.88 7.86 7.83 7.81
100-07+ 7.86 7.89 7.88 7.86 7.83 7.81
First Payment 6.825 12.908 10.158 6.825 5.158 4.325
Average Life 8.429 13.754 10.917 8.429 6.479 5.462
Last Payment 8.658 13.825 10.992 8.658 6.992 6.075
Mod.Dur. @ 100-00 5.954 8.136 7.088 5.954 4.897 4.281
Accrued Interest 0.589 0.589 0.589 0.589 0.589 0.589
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-I-6 BE-Yield Table to Call
CURRENT BALANCE: $50,000,000.00
COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $50,000,000.00
DATED DATE: 09/01/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
<TABLE>
<CAPTION>
PRICING SPEED(% of HEP)
<S> <C> <C> <C> <C> <C> <C>
PRICE 23.0% 14.00% 18.00% 23.00% 28.00% 32.00%
99-24 7.47 7.47 7.47 7.47 7.46 7.46
99-24+ 7.46 7.47 7.47 7.46 7.46 7.46
99-25 7.46 7.47 7.46 7.46 7.46 7.45
99-25+ 7.46 7.46 7.46 7.46 7.45 7.45
99-26 7.45 7.46 7.46 7.45 7.45 7.44
99-26+ 7.45 7.46 7.46 7.45 7.45 7.44
99-27 7.45 7.46 7.45 7.45 7.44 7.44
99-27+ 7.45 7.45 7.45 7.45 7.44 7.43
99-28 7.44 7.45 7.45 7.44 7.44 7.43
99-28+ 7.44 7.45 7.44 7.44 7.43 7.43
99-29 7.44 7.44 7.44 7.44 7.43 7.42
99-29+ 7.43 7.44 7.44 7.43 7.43 7.42
99-30 7.43 7.44 7.43 7.43 7.42 7.42
99-30+ 7.43 7.44 7.43 7.43 7.42 7.41
99-31 7.42 7.43 7.43 7.42 7.42 7.41
99-31+ 7.42 7.43 7.43 7.42 7.41 7.40
100-00 7.42 7.43 7.42 7.42 7.41 7.40
100-00+ 7.41 7.42 7.42 7.41 7.41 7.40
100-01 7.41 7.42 7.42 7.41 7.40 7.39
100-01+ 7.41 7.42 7.41 7.41 7.40 7.39
100-02 7.40 7.42 7.41 7.40 7.40 7.39
100-02+ 7.40 7.41 7.41 7.40 7.39 7.38
100-03 7.40 7.41 7.40 7.40 7.39 7.38
100-03+ 7.39 7.41 7.40 7.39 7.39 7.38
100-04 7.39 7.41 7.40 7.39 7.38 7.37
100-04+ 7.39 7.40 7.40 7.39 7.38 7.37
100-05 7.39 7.40 7.39 7.39 7.38 7.36
100-05+ 7.38 7.40 7.39 7.38 7.37 7.36
100-06 7.38 7.39 7.39 7.38 7.37 7.36
100-06+ 7.38 7.39 7.38 7.38 7.36 7.35
100-07 7.37 7.39 7.38 7.37 7.36 7.35
100-07+ 7.37 7.39 7.38 7.37 7.36 7.35
First Payment 3.075 3.075 3.075 3.075 3.075 3.075
Average Life 6.476 7.589 7.032 6.476 5.861 5.337
Last Payment 8.658 13.825 10.992 8.658 6.992 6.075
Mod.Dur. @ 100-00 4.921 5.516 5.226 4.921 4.565 4.245
Accrued Interest 0.555 0.555 0.555 0.555 0.555 0.555
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-II Discount Margin ACT/360 Table to Call
CURRENT BALANCE: $925,000,000.00
CURRENT COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $925,000,000.00
DATED DATE: 09/28/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
ASSUMED CONST. 1ML: 6.6200
<TABLE>
<CAPTION>
PRICING SPEED(% of CPR)
<S> <C> <C> <C> <C> <C> <C>
PRICE 28.0% 14.00% 20.00% 28.00% 35.00% 40.00%
99-24 35.05 30.09 32.10 35.05 37.87 40.09
99-24+ 34.35 29.71 31.59 34.35 37.00 39.08
99-25 33.66 29.33 31.09 33.66 36.13 38.07
99-25+ 32.97 28.95 30.58 32.97 35.26 37.07
99-26 32.28 28.56 30.07 32.28 34.40 36.06
99-26+ 31.59 28.18 29.57 31.59 33.53 35.05
99-27 30.90 27.80 29.06 30.90 32.66 34.05
99-27+ 30.21 27.42 28.55 30.21 31.79 33.04
99-28 29.52 27.04 28.05 29.52 30.93 32.04
99-28+ 28.83 26.66 27.54 28.83 30.06 31.03
99-29 28.14 26.28 27.03 28.14 29.19 30.03
99-29+ 27.45 25.90 26.53 27.45 28.33 29.02
99-30 26.76 25.52 26.02 26.76 27.46 28.02
99-30+ 26.07 25.14 25.52 26.07 26.60 27.01
99-31 25.38 24.76 25.01 25.38 25.73 26.01
99-31+ 24.69 24.38 24.51 24.69 24.86 25.00
100-00 24.00 24.00 24.00 24.00 24.00 24.00
100-00+ 23.31 23.62 23.49 23.31 23.14 23.00
100-01 22.62 23.24 22.99 22.62 22.27 21.99
100-01+ 21.93 22.86 22.48 21.93 21.41 20.99
100-02 21.25 22.48 21.98 21.25 20.54 19.99
100-02+ 20.56 22.10 21.48 20.56 19.68 18.99
100-03 19.87 21.72 20.97 19.87 18.82 17.98
100-03+ 19.18 21.34 20.47 19.18 17.95 16.98
100-04 18.50 20.97 19.96 18.50 17.09 15.98
100-04+ 17.81 20.59 19.46 17.81 16.23 14.98
100-05 17.12 20.21 18.95 17.12 15.36 13.98
100-05+ 16.43 19.83 18.45 16.43 14.50 12.98
100-06 15.75 19.45 17.95 15.75 13.64 11.98
100-06+ 15.06 19.07 17.44 15.06 12.78 10.98
100-07 14.38 18.70 16.94 14.38 11.92 9.98
100-07+ 13.69 18.32 16.44 13.69 11.06 8.98
First Payment 0.075 0.075 0.075 0.075 0.075 0.075
Average Life 2.595 5.446 3.765 2.595 2.001 1.695
Last Payment 6.908 14.492 10.075 6.908 5.325 4.492
Mod.Dur. @ 100-00 2.174 3.943 2.964 2.174 1.732 1.493
Accrued Interest 0.000 0.000 0.000 0.000 0.000 0.000
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-I-5 BE-Yield Table to Maturity
CURRENT BALANCE: $55,000,000.00
COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $55,000,000.00
DATED DATE: 09/01/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
<TABLE>
<CAPTION>
PRICING SPEED (HEP)
<S> <C> <C> <C> <C> <C> <C>
PRICE 23.0% 14.00% 18.00% 23.00% 28.00% 32.00%
99-24 8.02 8.00 8.01 8.02 8.01 7.99
99-24+ 8.01 8.00 8.01 8.01 8.01 7.99
99-25 8.01 7.99 8.01 8.01 8.01 7.98
99-25+ 8.01 7.99 8.00 8.01 8.00 7.98
99-26 8.01 7.99 8.00 8.01 8.00 7.98
99-26+ 8.00 7.99 8.00 8.00 8.00 7.97
99-27 8.00 7.99 8.00 8.00 7.99 7.97
99-27+ 8.00 7.99 8.00 8.00 7.99 7.97
99-28 8.00 7.98 8.00 8.00 7.99 7.97
99-28+ 8.00 7.98 7.99 8.00 7.99 7.96
99-29 7.99 7.98 7.99 7.99 7.98 7.96
99-29+ 7.99 7.98 7.99 7.99 7.98 7.96
99-30 7.99 7.98 7.99 7.99 7.98 7.95
99-30+ 7.99 7.98 7.99 7.99 7.98 7.95
99-31 7.98 7.97 7.98 7.98 7.97 7.95
99-31+ 7.98 7.97 7.98 7.98 7.97 7.94
100-00 7.98 7.97 7.98 7.98 7.97 7.94
100-00+ 7.98 7.97 7.98 7.98 7.96 7.94
100-01 7.98 7.97 7.98 7.98 7.96 7.93
100-01+ 7.97 7.97 7.97 7.97 7.96 7.93
100-02 7.97 7.96 7.97 7.97 7.96 7.93
100-02+ 7.97 7.96 7.97 7.97 7.95 7.92
100-03 7.97 7.96 7.97 7.97 7.95 7.92
100-03+ 7.96 7.96 7.97 7.96 7.95 7.92
100-04 7.96 7.96 7.96 7.96 7.95 7.91
100-04+ 7.96 7.95 7.96 7.96 7.94 7.91
100-05 7.96 7.95 7.96 7.96 7.94 7.91
100-05+ 7.96 7.95 7.96 7.96 7.94 7.90
100-06 7.95 7.95 7.96 7.95 7.93 7.90
100-06+ 7.95 7.95 7.95 7.95 7.93 7.90
100-07 7.95 7.95 7.95 7.95 7.93 7.89
100-07+ 7.95 7.94 7.95 7.95 7.93 7.89
First Payment 6.825 12.908 10.158 6.825 5.158 4.325
Average Life 10.747 16.709 13.725 10.747 8.222 6.618
Last Payment 18.075 25.992 22.325 18.075 14.825 13.325
Mod.Dur. @ 100-00 6.914 8.920 8.040 6.914 5.727 4.876
Accrued Interest 0.589 0.589 0.589 0.589 0.589 0.589
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-I-6 BE-Yield Table to Maturity
CURRENT BALANCE: $50,000,000.00
COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $50,000,000.00
DATED DATE: 09/01/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
<TABLE>
<CAPTION>
PRICING SPEED (HEP)
<S> <C> <C> <C> <C> <C> <C>
PRICE 23.0% 14.00% 18.00% 23.00% 28.00% 32.00%
99-24 7.47 7.47 7.47 7.47 7.47 7.46
99-24+ 7.46 7.47 7.47 7.46 7.46 7.46
99-25 7.46 7.47 7.46 7.46 7.46 7.46
99-25+ 7.46 7.46 7.46 7.46 7.46 7.45
99-26 7.46 7.46 7.46 7.46 7.45 7.45
99-26+ 7.45 7.46 7.46 7.45 7.45 7.45
99-27 7.45 7.46 7.45 7.45 7.45 7.44
99-27+ 7.45 7.45 7.45 7.45 7.44 7.44
99-28 7.44 7.45 7.45 7.44 7.44 7.44
99-28+ 7.44 7.45 7.44 7.44 7.44 7.43
99-29 7.44 7.44 7.44 7.44 7.43 7.43
99-29+ 7.43 7.44 7.44 7.43 7.43 7.43
99-30 7.43 7.44 7.43 7.43 7.43 7.42
99-30+ 7.43 7.44 7.43 7.43 7.42 7.42
99-31 7.42 7.43 7.43 7.42 7.42 7.42
99-31+ 7.42 7.43 7.43 7.42 7.42 7.41
100-00 7.42 7.43 7.42 7.42 7.41 7.41
100-00+ 7.41 7.42 7.42 7.41 7.41 7.41
100-01 7.41 7.42 7.42 7.41 7.41 7.40
100-01+ 7.41 7.42 7.41 7.41 7.40 7.40
100-02 7.41 7.42 7.41 7.41 7.40 7.40
100-02+ 7.40 7.41 7.41 7.40 7.40 7.39
100-03 7.40 7.41 7.41 7.40 7.39 7.39
100-03+ 7.40 7.41 7.40 7.40 7.39 7.39
100-04 7.39 7.41 7.40 7.39 7.39 7.38
100-04+ 7.39 7.40 7.40 7.39 7.38 7.38
100-05 7.39 7.40 7.39 7.39 7.38 7.38
100-05+ 7.38 7.40 7.39 7.38 7.38 7.37
100-06 7.38 7.39 7.39 7.38 7.37 7.37
100-06+ 7.38 7.39 7.38 7.38 7.37 7.37
100-07 7.37 7.39 7.38 7.37 7.37 7.36
100-07+ 7.37 7.39 7.38 7.37 7.36 7.36
First Payment 3.075 3.075 3.075 3.075 3.075 3.075
Average Life 6.594 7.605 7.080 6.594 6.233 6.011
Last Payment 17.908 25.825 22.158 17.908 14.742 13.158
Mod.Dur. @ 100-00 4.977 5.522 5.245 4.977 4.768 4.634
Accrued Interest 0.555 0.555 0.555 0.555 0.555 0.555
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Class A-II Discount Margin ACT/360 Table to Maturity
CURRENT BALANCE: $925,000,000.00
CURRENT COUPON: TBD
FACTOR: 1.0000000000
ORIGINAL BALANCE: $925,000,000.00
DATED DATE: 09/28/00
FIRST PAYMENT: 10/25/00
YIELD TABLE DATE: 09/28/00
ASSUMED CONSTANT LIBOR-1M 6.6200
<TABLE>
<CAPTION>
PRICING SPEED (% of CPR)
<S> <C> <C> <C> <C> <C> <C>
PRICE 28.0% 14.00% 20.00% 28.00% 35.00% 40.00%
99-24 35.74 30.60 32.78 35.74 38.46 40.59
99-24+ 35.09 30.23 32.29 35.09 37.65 39.64
99-25 34.44 29.86 31.80 34.44 36.83 38.70
99-25+ 33.78 29.49 31.32 33.78 36.01 37.75
99-26 33.13 29.12 30.83 33.13 35.20 36.81
99-26+ 32.47 28.75 30.35 32.47 34.38 35.87
99-27 31.82 28.38 29.86 31.82 33.56 34.92
99-27+ 31.17 28.01 29.38 31.17 32.75 33.98
99-28 30.52 27.64 28.89 30.52 31.93 33.04
99-28+ 29.86 27.27 28.41 29.86 31.12 32.10
99-29 29.21 26.90 27.93 29.21 30.30 31.16
99-29+ 28.56 26.53 27.44 28.56 29.49 30.21
99-30 27.91 26.17 26.96 27.91 28.67 29.27
99-30+ 27.25 25.80 26.47 27.25 27.86 28.33
99-31 26.60 25.43 25.99 26.60 27.05 27.39
99-31+ 25.95 25.06 25.51 25.95 26.23 26.45
100-00 25.30 24.69 25.02 25.30 25.42 25.51
100-00+ 24.65 24.32 24.54 24.65 24.61 24.57
100-01 24.00 23.95 24.06 24.00 23.79 23.63
100-01+ 23.35 23.59 23.57 23.35 22.98 22.69
100-02 22.70 23.22 23.09 22.70 22.17 21.75
100-02+ 22.05 22.85 22.61 22.05 21.36 20.82
100-03 21.40 22.48 22.12 21.40 20.54 19.88
100-03+ 20.75 22.11 21.64 20.75 19.73 18.94
100-04 20.10 21.75 21.16 20.10 18.92 18.00
100-04+ 19.45 21.38 20.68 19.45 18.11 17.07
100-05 18.80 21.01 20.20 18.80 17.30 16.13
100-05+ 18.15 20.64 19.71 18.15 16.49 15.19
100-06 17.50 20.28 19.23 17.50 15.68 14.26
100-06+ 16.85 19.91 18.75 16.85 14.87 13.32
100-07 16.20 19.54 18.27 16.20 14.06 12.38
100-07+ 15.55 19.18 17.79 15.55 13.25 11.45
First Payment 0.075 0.075 0.075 0.075 0.075 0.075
Average Life 2.833 5.858 4.096 2.833 2.182 1.851
Last Payment 15.658 27.158 21.908 15.658 12.158 10.242
Mod.Dur. @ 100-00 2.300 4.062 3.097 2.300 1.842 1.594
Accrued Interest 0.000 0.000 0.000 0.000 0.000 0.000
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group II Available Funds Cap Schedule
--------------------------------------------------------------------------------
Weighted Average Net Mortgage Interest Rate less Surety Fee (1)
DATE COUPON DATE COUPON
<S> <C> <C> <C>
Oct-00 10.095 Apr-03 11.896
Nov-00 10.095 May-03 11.896
Dec-00 10.095 Jun-03 11.896
Jan-01 10.095 Jul-03 11.896
Feb-01 10.095 Aug-03 12.551
Mar-01 10.095 Sep-03 12.551
Apr-01 10.095 Oct-03 12.551
May-01 10.095 Nov-03 12.551
Jun-01 10.095 Dec-03 12.551
Jul-01 10.095 Jan-04 12.551
Aug-01 10.095 Feb-04 12.551
Sep-01 10.095 Mar-04 12.551
Oct-01 10.095 Apr-04 12.551
Nov-01 10.095 May-04 12.551
Dec-01 10.095 Jun-04 12.551
Jan-02 10.095 Jul-04 12.551
Feb-02 10.095 Aug-04 12.551
Mar-02 10.095 Sep-04 12.551
Apr-02 10.095 Oct-04 12.551
May-02 10.095 Nov-04 12.551
Jun-02 10.095 Dec-04 12.551
Jul-02 10.888 Jan-05 12.551
Aug-02 10.888 Feb-05 12.551
Sep-02 11.895 Mar-05 12.551
Oct-02 11.895 Apr-05 12.551
Nov-02 11.895 May-05 12.551
Dec-02 11.895 Jun-05 12.551
Jan-03 11.896 Jul-05 12.551
Feb-03 11.896 Aug-05 12.551
Mar-03 11.896 Sep-05 12.551
</TABLE>
(1) Assumes 30/360 Day Count and pricing prepayment assumption.
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Collateral Summary
--------------------------------------------------------------------------------
<S> <C>
Number of Mortgage Loans: 4,934
Aggregate Unpaid Principal Balance: $403,363,331.93 (1)
Aggregate Original Principal Balance: $403,917,693.28 (1)
Weighted Average Coupon (Net): 10.407%
Net Coupon Range 6.770% - 15.620%
Weighted Average Coupon (Gross): 10.930%
Gross Coupon Range 7.350% - 16.200%
Average Unpaid Principal Balance $81,751.79
Average Original Principal Balance: $81,864.15
Maximum Unpaid Principal Balance $650,000.00
Minimum Unpaid Principal Balance: $2,661.30
Maximum Original Principal Balance $650,000.00
Minimum Original Principal Balance: $3,250.00
Weighted Avg. Stated Rem. Term (Sch Date to Mat Date): 306.897 (1)
Stated Rem Term Range: 56.000 - 360.000(1)
Weighted Average Age (Original Term - Rem Term): 1.633
Age Range 0.000 - 35.000
Weighted Average Original Term: 308.530
Original Term Range 60.000 - 360.000
Weighted Average Original LTV: 77.942%(3)
Original LTV Range: 9.000% - 100.000%(3)
Weighted Average Borrower FICO: 603.391 (2)
Borrower FICO Range: 447.000 - 798.000(2)
% of Loans with Prepayment Penalties: 56.48%
</TABLE>
(1) Unpaid balance and Remaining Term are based on balance due on scheduled
payment date. However, if prepayments occur, then the prepaid principal is
deducted from the unpaid balance and the Remaining Term is adjusted
accordingly
(2) Excluding 56 loans with missing FICO Score.
(3) This excludes 2 loansmissing LTV.
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Gross Mortgage Interest Rates
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Gross Mortgage Interest Rate Range Principal Balance ($) Principal Balance
---------------------------------- --------------------- -----------------
<S> <C> <C> <C> <C>
7.00% < Gross Coupon <= 7.50% 2 256,743.83 0.06
7.50% < Gross Coupon <= 7.75% 1 97,216.42 0.02
7.75% < Gross Coupon <= 8.00% 3 316,080.82 0.08
8.00% < Gross Coupon <= 8.25% 11 1,456,435.79 0.36
8.25% < Gross Coupon <= 8.50% 29 3,500,351.18 0.87
8.50% < Gross Coupon <= 8.75% 44 4,516,051.01 1.12
8.75% < Gross Coupon <= 9.00% 66 6,869,220.64 1.70
9.00% < Gross Coupon <= 9.25% 69 8,565,245.04 2.12
9.25% < Gross Coupon <= 9.50% 162 18,311,163.17 4.54
9.50% < Gross Coupon <= 9.75% 202 23,073,792.11 5.72
9.75% < Gross Coupon <= 10.00% 362 39,245,886.27 9.73
10.00% < Gross Coupon <= 10.25% 212 21,987,896.86 5.45
10.25% < Gross Coupon <= 10.50% 399 39,894,560.79 9.89
10.50% < Gross Coupon <= 10.75% 350 35,408,547.41 8.78
10.75% < Gross Coupon <= 11.00% 437 36,174,735.42 8.97
11.00% < Gross Coupon <= 11.25% 262 22,839,431.26 5.66
11.25% < Gross Coupon <= 11.50% 353 28,047,382.47 6.95
11.50% < Gross Coupon <= 11.75% 304 23,183,923.45 5.75
11.75% < Gross Coupon <= 12.00% 356 22,192,056.75 5.50
12.00% < Gross Coupon <= 12.25% 228 14,838,184.39 3.68
12.25% < Gross Coupon <= 12.50% 194 12,228,993.61 3.03
12.50% < Gross Coupon <= 12.75% 184 10,035,750.67 2.49
12.75% < Gross Coupon <= 13.00% 188 10,794,637.33 2.68
13.00% < Gross Coupon <= 13.25% 106 4,965,443.10 1.23
13.25% < Gross Coupon <= 13.50% 63 3,107,462.33 0.77
13.50% < Gross Coupon <= 13.75% 57 3,123,599.37 0.77
13.75% < Gross Coupon <= 14.00% 67 3,229,082.87 0.80
14.00% < Gross Coupon <= 14.25% 16 552,909.15 0.14
14.25% < Gross Coupon <= 14.50% 14 668,710.84 0.17
14.50% < Gross Coupon <= 14.75% 20 759,565.49 0.19
14.75% < Gross Coupon <= 15.00% 164 2,753,079.26 0.68
15.00% < Gross Coupon <= 15.25% 4 163,653.54 0.04
15.25% < Gross Coupon <= 15.50% 1 106,386.16 0.03
15.50% < Gross Coupon <= 15.75% 2 58,001.42 0.01
16.00% < Gross Coupon <= 16.25% 2 41,151.71 0.01
Total 4,934 $403,363,331.93 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Net Mortgage Interest Rates
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Net Mortgage Interest Rate Range Principal Balance ($) Principal Balance
-------------------------------- --------------------- -----------------
<S> <C> <C> <C> <C>
6.50% < Net Coupon <= 7.00% 2 256,743.83 0.06
7.00% < Net Coupon <= 7.50% 5 578,511.01 0.14
7.50% < Net Coupon <= 7.75% 9 1,042,392.31 0.26
7.75% < Net Coupon <= 8.00% 30 2,527,596.63 0.63
8.00% < Net Coupon <= 8.25% 44 5,161,104.56 1.28
8.25% < Net Coupon <= 8.50% 51 5,394,842.02 1.34
8.50% < Net Coupon <= 8.75% 63 6,901,549.78 1.71
8.75% < Net Coupon <= 9.00% 136 14,832,879.60 3.68
9.00% < Net Coupon <= 9.25% 175 19,085,451.41 4.73
9.25% < Net Coupon <= 9.50% 312 34,459,136.61 8.54
9.50% < Net Coupon <= 9.75% 249 27,106,238.18 6.72
9.75% < Net Coupon <= 10.00% 365 36,393,557.23 9.02
10.00% < Net Coupon <= 10.25% 404 41,177,403.87 10.21
10.25% < Net Coupon <= 10.50% 463 40,207,571.13 9.97
10.50% < Net Coupon <= 10.75% 318 28,649,064.07 7.10
10.75% < Net Coupon <= 11.00% 362 28,376,834.90 7.04
11.00% < Net Coupon <= 11.25% 323 23,577,545.63 5.85
11.25% < Net Coupon <= 11.50% 353 22,494,484.71 5.58
11.50% < Net Coupon <= 11.75% 209 13,840,966.96 3.43
11.75% < Net Coupon <= 12.00% 210 12,596,121.38 3.12
12.00% < Net Coupon <= 12.25% 178 10,578,441.32 2.62
12.25% < Net Coupon <= 12.50% 174 9,423,105.21 2.34
12.50% < Net Coupon <= 12.75% 106 5,026,794.26 1.25
12.75% < Net Coupon <= 13.00% 54 2,510,267.66 0.62
13.00% < Net Coupon <= 13.25% 59 3,441,792.62 0.85
13.25% < Net Coupon <= 13.50% 59 2,722,123.96 0.67
13.50% < Net Coupon <= 13.75% 15 473,087.22 0.12
13.75% < Net Coupon <= 14.00% 16 750,191.16 0.19
14.00% < Net Coupon <= 14.25% 22 888,699.69 0.22
14.25% < Net Coupon <= 14.50% 159 2,519,640.18 0.62
14.50% < Net Coupon <= 14.75% 4 163,653.54 0.04
14.75% < Net Coupon <= 15.00% 1 106,386.16 0.03
15.00% < Net Coupon <= 15.25% 2 58,001.42 0.01
15.50% < Net Coupon <= 15.75% 2 41,151.71 0.01
Total 4,934 $403,363,331.93 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Original Term to Stated Maturity
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Original Term Principal Balance ($) Principal Balance
<S> <C> <C> <C> <C>
48 < Orig. Term <= 60 4 120,222.20 0.03
108 < Orig. Term <= 120 67 2,567,956.15 0.64
132 < Orig. Term <= 144 2 155,701.88 0.04
168 < Orig. Term <= 180 1,693 102,481,354.07 25.41
180 < Orig. Term <= 192 2 125,739.16 0.03
204 < Orig. Term <= 216 1 120,769.46 0.03
228 < Orig. Term <= 240 213 12,501,430.24 3.10
240 < Orig. Term <= 252 1 54,760.43 0.01
288 < Orig. Term <= 300 15 1,145,509.74 0.28
300 < Orig. Term <= 312 1 42,796.41 0.01
324 < Orig. Term <= 336 2 187,190.51 0.05
336 < Orig. Term <= 348 7 516,060.49 0.13
348 < Orig. Term <= 360 2,926 283,343,841.19 70.25
Total 4,934 $403,363,331.93 100.00%
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Remaining Term to Stated Maturity
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Remaining Term Principal Balance ($) Principal Balance
<S> <C> <C> <C> <C>
48 < Rem Term <= 60 4 120,222.20 0.03
84 < Rem Term <= 96 2 9,163.40 0.00
108 < Rem Term <= 120 65 2,558,792.75 0.63
132 < Rem Term <= 144 2 155,701.88 0.04
156 < Rem Term <= 168 7 364,840.56 0.09
168 < Rem Term <= 180 1,688 102,242,252.67 25.35
204 < Rem Term <= 216 1 120,769.46 0.03
216 < Rem Term <= 228 2 81,102.44 0.02
228 < Rem Term <= 240 211 12,420,327.80 3.08
240 < Rem Term <= 252 1 54,760.43 0.01
288 < Rem Term <= 300 16 1,188,306.15 0.29
324 < Rem Term <= 336 5 380,024.76 0.09
336 < Rem Term <= 348 10 1,061,699.58 0.26
348 < Rem Term <= 360 2,920 282,605,367.85 70.06
Total 4,934 $403,363,331.93 100.00%
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Lien Status
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Lien Status Principal Balance ($) Principal Balance
----------- --------------------- -----------------
<S> <C> <C> <C>
First Lien 4,617 395,018,774.62 97.93
Second Lien 317 8,344,557.31 2.07
Total 4,934 $403,363,331.93 100.00%
</TABLE>
--------------------------------------------------------------------------------
Group I Original Loan-To-Value Ratios
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Original Loan-To-Value Ratio Principal Balance ($) Principal Balance
---------------------------- --------------------- -----------------
<S> <C> <C> <C> <C>
5.00 < LTV <= 10.00 2 62,728.33 0.02
10.00 < LTV <= 15.00 6 168,067.39 0.04
15.00 < LTV <= 20.00 17 943,225.40 0.23
20.00 < LTV <= 25.00 26 834,883.23 0.21
25.00 < LTV <= 30.00 34 1,244,394.21 0.31
30.00 < LTV <= 35.00 35 1,917,819.36 0.48
35.00 < LTV <= 40.00 54 2,683,727.01 0.67
40.00 < LTV <= 45.00 64 2,733,796.04 0.68
45.00 < LTV <= 50.00 108 5,372,898.44 1.33
50.00 < LTV <= 55.00 97 5,667,449.99 1.41
55.00 < LTV <= 60.00 169 11,943,695.33 2.96
60.00 < LTV <= 65.00 266 18,115,230.10 4.49
65.00 < LTV <= 70.00 475 34,863,963.39 8.64
70.00 < LTV <= 75.00 622 51,292,393.65 12.72
75.00 < LTV <= 80.00 1215 114,073,682.58 28.28
80.00 < LTV <= 85.00 730 63,497,630.60 15.74
85.00 < LTV <= 90.00 756 74,382,733.65 18.44
90.00 < LTV <= 95.00 159 11,426,677.98 2.83
95.00 < LTV <= 100.00 91 1,810,459.05 0.45
NA 8 327,876.20 0.08
Total 4,934 $403,363,331.93 100.00%
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Mortgage Insurance Companies
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Insurance Company Principal Balance ($) Principal Balance
----------------- --------------------- -----------------
<S> <C> <C> <C> <C>
Insured (1) 268 30,066,871.95 7.45
Not Required 3,436 255,846,964.93 63.43
Not Insured (2) 1,230 117,449,495.05 29.12
Total 4,934 $403,363,331.93 100.00%
</TABLE>
(1) Insured by Commonwealth, GEMICO, MGIC, PMI Mortgage Insurance Co., Republic
Mortgage Insurance, Triad
Guaranty, United Guaranty Residential Insurance.
(2) Over 80% LTV without insurance.
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Original Mortgage Loan Principal Balances
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Original Mortgage Loan Principal Balance Principal Balance ($) Principal Balance
---------------------------------------- --------------------- -----------------
<S> <C> <C> <C> <C>
Balance <= 25,000 410 7,280,788.98 1.81
25,000 < Balance <= 50,000 1,324 50,619,602.33 12.55
50,000 < Balance <= 75,000 1,249 76,765,858.05 19.03
75,000 < Balance <= 100,000 714 61,933,531.96 15.35
100,000 < Balance <= 150,000 699 85,618,410.85 21.23
150,000 < Balance <= 175,000 159 25,743,709.08 6.38
175,000 < Balance <= 200,000 115 21,503,567.82 5.33
200,000 < Balance <= 250,000 109 24,137,628.34 5.98
250,000 < Balance <= 300,000 80 21,854,130.71 5.42
300,000 < Balance <= 350,000 37 11,913,612.60 2.95
350,000 < Balance <= 400,000 26 9,751,200.92 2.42
400,000 < Balance <= 450,000 2 879,825.15 0.22
450,000 < Balance <= 500,000 5 2,312,433.39 0.57
500,000 < Balance <= 600,000 2 1,099,607.58 0.27
600,000 < Balance <= 750,000 3 1,949,424.17 0.48
Total 4,934 $403,363,331.93 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Geographic Distribution
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
State Principal Balance ($) Principal Balance
------ --------------------- -----------------
<S> <C> <C> <C>
Alabama 192 12,738,684.70
3.16
California 234 35,310,142.61
8.75
Florida 316 26,080,976.64
6.47
Georgia 272 25,341,091.77
6.28
Illinois 201 16,818,972.68
4.17
Michigan 350 22,417,449.24
5.56
New York 249 28,311,458.10
7.02
North Carolina 219 16,305,629.44
4.04
Ohio 245 15,641,805.17
3.88
South Carolina 191 13,452,583.85
3.34
Texas 480 37,018,771.56
9.18
Mexico 4 876,948.88
0.20
Other 1,981 153,048,817.29
37.96
Total 4,934 $403,363,331.93 100.00%
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Mortgaged Property Types
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Property Type Principal Balance ($) Principal Balance
--------------- -------------------- -----------------
<S> <C> <C> <C>
Condo Low-Rise 115 8,382,607.90 2.08
Manufactured Housing 180 10,891,577.06 2.70
Leasehold 1 67,316.75 0.02
Townhouses 69 5,362,826.43 1.33
Condo High-rise 5 564,056.59 0.14
Condo Mid-Rise 5 523,524.80 0.13
Single Family Detached 4,266 341,400,775.34 84.64
PUD Detached 249 31,991,510.76 7.93
PUD Attached 44 4,179,136.30 1.04
Total 4,934 $403,363,331.93 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Occupancy Types
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Owner Occupancy Principal Balance ($) Principal Balance
---------------- --------------- -------------------- ----------------
<S> <C> <C> <C>
Owner Occupied 4,382 368,409,058.52 91.33
Non Owner Occupied 552 34,954,273.41 8.67
Total 4,934 $403,363,331.93 100.00%
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Mortgage Loan Documentation Types
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Documentation Type Principal Balance ($) Principal Balance
------------------- -------------- ------------------ ------------------
<S> <C> <C> <C>
Full Documentation 4,025 311,006,800.57 77.10
Reduced Documentation 909 92,356,531.36 22.90
Total 4,934 $403,363,331.93 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Mortgage Loan Purpose
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Loan Purpose Principal Balance ($) Principal Balance
------------ -------------- -------------------- -----------------
<S> <C> <C> <C>
Purchase 1,624 152,363,424.39 37.77
Rate/Term Refinance 418 39,644,779.02 9.83
Equity Refinance 2,892 211,355,128.52 52.40
Total 4,934 $403,363,331.93 100.00%
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I RFC Designated Risk Categories
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Credit Grade Principal Balance ($) Principal Balance
------------- -------------- --------------------- -----------------
<S> <C> <C> <C>
1A-1 743 89,735,439.36 22.25
1A 1,316 105,279,309.88 26.10
1 1,096 90,573,101.37 22.45
2 1256 86,206,938.21 21.37
3 368 21,145,951.51 5.24
4 116 6,098,945.19 1.51
Unknown 39 4,323,646.41 1.07
Total 4,934 $403,363,331.93 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group I Credit Score Distribution
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
FICO Score Principal Balance ($) Principal Balance
-------------- --------------------- -----------------
<S> <C> <C> <C>
NO FICO STATED 56 3,133,434.56 0.78
FICO < 500 113 6,924,469.40 1.72
500 <= FICO < 520 227 15,332,069.53 3.80
520 <= FICO < 540 391 26,604,491.60 6.60
540 <= FICO < 560 524 35,848,255.45 8.89
560 <= FICO < 580 628 46,352,062.01 11.49
580 <= FICO < 600 659 52,192,249.27 12.94
600 <= FICO < 620 743 65,480,953.26 16.23
620 <= FICO < 640 586 55,868,339.95 13.85
640 <= FICO < 660 430 41,696,544.63 10.34
660 <= FICO < 680 281 27,096,195.41 6.72
680 <= FICO < 700 120 9,990,629.61 2.48
700 <= FICO < 720 94 8,791,382.88 2.18
720 <= FICO < 740 39 4,180,780.62 1.04
740 <= FICO < 760 24 2,301,919.81 0.57
760 <= FICO < 780 14 1,167,234.15 0.29
780 <= FICO < 800 5 402,319.79 0.10
Total 4,934 $403,363,331.93 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group II Collateral Summary
-------------------------------------------------------------------------------------------------------------------
<S> <C>
Number of Mortgage Loans: 6,132
Aggregate Unpaid Principal Balance: $669,524,490.49 (1)
Aggregate Original Principal Balance: $669,961,822.25(1)
Weighted Average Coupon (Net): 10.240%
Net Coupon Range: 7.670% - 15.870%
Weighted Average Coupon (Gross): 10.817%
Gross Coupon Range: 8.250% - 16.450%
Weighted Average Margin (Net): 5.916%
Net Margin Range: 2.220% - 9.910%
Weighted Average Life Cap (Net): 16.753%
Net Life Cap Range: 13.295% - 22.545%
Weighted Average Life Floor (Net): 9.368% (2)
Net Life Floor Range: 3.295% - 15.870%(2)
Weighted Average Margin (Gross): 6.494%
Gross Margin Range: 2.800% - 10.490%
Weighted Average Life Cap (Gross): 17.331%
Gross Life Cap Range: 13.875% - 23.125%
Weighted Average Life Floor (Gross): 9.945% (2)
Gross Life Floor Range: 3.750% - 16.450%(2)
Average Unpaid Principal Balance: $109,185.34
Average Original Principal Balance: $109,256.66
Maximum Unpaid Principal Balance: $999,602.61
Minimum Unpaid Principal Balance: $15,000.00
Maximum Original Principal Balance: $1,000,000.00
Minimum Original Principal Balance: $15,000.00
Weighted Avg. Stated Rem. Term (Sch date to Mat Date): 358.435 (1)
Stated Rem Term Range: 177.000 - 360.000(1)
Weighted Average Age (Original Term - Rem Term): 1.511
Age Range: 0.000 - 32.000
Weighted Average Original Term: 359.946
Original Term Range: 180.000 - 360.000
Weighted Average Original LTV: 80.598%
Original LTV Range: 11.000% - 95.000%
Weighted Average Months to Interest Roll: 25.958
Months to Interest Roll Range: 4 - 37
Weighted Average Interest Roll Frequency: 6.007
Interest Frequency Range: 6 - 36
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
Weighted Average Periodic Interest Cap: 1.145%
Periodic Interest Cap Range: 0.500% - 3.000%
Weighted Average Borrower FICO: 586.215 (3)
Borrower FICO Range: 448.000 - 794.000(3)
% of Loans with Prepayment Penalties: 87.11%
</TABLE>
(1) Unpaid balance and Remaining Term are based on balance due on scheduled
payment date. However, if prepayments occur, the prepaid principal is
debited from the unpaid balance and the Remaining Term is adjusted
accordingly.
(2) Gross Margin is used for 882 loans with missing Life Floor and 7 loans with
Life Floor lower than Gross Margin.
(3) Excluding 88 loans with missing FICO Score.
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Gross Mortgage Interest Rates
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Gross Mortgage Interest Rate Range Principal Balance ($) Principal Balance
---------------------------------- --------------------- -----------------
<S> <C> <C> <C> <C>
8.00% < Gross Coupon <= 8.25% 1 260,231.96 0.04
8.25% < Gross Coupon <= 8.50% 6 1,013,481.50 0.15
8.50% < Gross Coupon <= 8.75% 19 3,580,496.39 0.53
8.75% < Gross Coupon <= 9.00% 83 13,384,808.34 2.00
9.00% < Gross Coupon <= 9.25% 81 12,247,327.28 1.83
9.25% < Gross Coupon <= 9.50% 215 30,827,425.08 4.60
9.50% < Gross Coupon <= 9.75% 265 34,348,221.77 5.13
9.75% < Gross Coupon <= 10.00% 486 66,607,119.68 9.95
10.00% < Gross Coupon <= 10.25% 356 42,245,857.97 6.31
10.25% < Gross Coupon <= 10.50% 564 69,009,549.46 10.31
10.50% < Gross Coupon <= 10.75% 607 69,936,605.86 10.45
10.75% < Gross Coupon <= 11.00% 762 81,158,802.01 12.12
11.00% < Gross Coupon <= 11.25% 464 48,485,319.00 7.24
11.25% < Gross Coupon <= 11.50% 512 50,435,394.06 7.53
11.50% < Gross Coupon <= 11.75% 440 39,952,525.01 5.97
11.75% < Gross Coupon <= 12.00% 451 39,659,536.22 5.92
12.00% < Gross Coupon <= 12.25% 209 19,071,592.06 2.85
12.25% < Gross Coupon <= 12.50% 196 15,557,030.33 2.32
12.50% < Gross Coupon <= 12.75% 141 11,161,062.78 1.67
12.75% < Gross Coupon <= 13.00% 131 10,904,685.62 1.63
13.00% < Gross Coupon <= 13.25% 46 3,743,555.71 0.56
13.25% < Gross Coupon <= 13.50% 32 2,087,227.79 0.31
13.50% < Gross Coupon <= 13.75% 23 1,275,680.17 0.19
13.75% < Gross Coupon <= 14.00% 20 1,422,391.58 0.21
14.00% < Gross Coupon <= 14.25% 8 411,113.68 0.06
14.25% < Gross Coupon <= 14.50% 4 274,202.19 0.04
14.50% < Gross Coupon <= 14.75% 1 32,994.95 0.00
14.75% < Gross Coupon <= 15.00% 3 195,698.42 0.03
15.00% < Gross Coupon <= 15.25% 1 38,988.99 0.01
15.25% < Gross Coupon <= 15.50% 2 78,844.16 0.01
15.75% < Gross Coupon <= 16.00% 2 82,990.12 0.01
16.25% < Gross Coupon <= 16.50% 1 33,730.35 0.01
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group II Net Mortgage Interest Rates
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Net Mortgage Interest Rate Range Principal Balance ($) Principal Balance
-------------------------------- --------------------- -----------------
<S> <C> <C> <C> <C>
7.50% < Net Coupon <= 7.75% 1 260,231.96 0.04
7.75% < Net Coupon <= 8.00% 9 1,557,542.56 0.23
8.00% < Net Coupon <= 8.25% 23 4,238,669.89 0.63
8.25% < Net Coupon <= 8.50% 81 12,923,359.72 1.93
8.50% < Net Coupon <= 8.75% 88 12,825,288.96 1.92
8.75% < Net Coupon <= 9.00% 220 31,469,591.70 4.70
9.00% < Net Coupon <= 9.25% 271 34,719,454.97 5.19
9.25% < Net Coupon <= 9.50% 488 67,000,130.88 10.01
9.50% < Net Coupon <= 9.75% 360 42,405,833.68 6.33
9.75% < Net Coupon <= 10.00% 581 69,942,603.15 10.45
10.00% < Net Coupon <= 10.25% 631 72,839,272.23 10.88
10.25% < Net Coupon <= 10.50% 721 77,069,607.89 11.51
10.50% < Net Coupon <= 10.75% 478 49,509,296.97 7.39
10.75% < Net Coupon <= 11.00% 505 50,193,877.58 7.50
11.00% < Net Coupon <= 11.25% 459 41,072,247.35 6.13
11.25% < Net Coupon <= 11.50% 422 37,311,198.64 5.57
11.50% < Net Coupon <= 11.75% 201 18,189,247.31 2.72
11.75% < Net Coupon <= 12.00% 195 15,695,558.47 2.34
12.00% < Net Coupon <= 12.25% 143 11,106,592.20 1.66
12.25% < Net Coupon <= 12.50% 117 9,876,647.92 1.48
12.50% < Net Coupon <= 12.75% 45 3,641,260.72 0.54
12.75% < Net Coupon <= 13.00% 33 2,140,783.26 0.32
13.00% < Net Coupon <= 13.25% 20 1,090,797.59 0.16
13.25% < Net Coupon <= 13.50% 20 1,390,806.19 0.21
13.50% < Net Coupon <= 13.75% 9 536,458.61 0.08
13.75% < Net Coupon <= 14.00% 1 54,883.10 0.01
14.00% < Net Coupon <= 14.25% 1 32,994.95 0.00
14.25% < Net Coupon <= 14.50% 3 195,698.42 0.03
14.50% < Net Coupon <= 14.75% 1 38,988.99 0.01
14.75% < Net Coupon <= 15.00% 2 78,844.16 0.01
15.00% < Net Coupon <= 15.25% 2 82,990.12 0.01
15.75% < Net Coupon <= 16.00% 1 33,730.35 0.01
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group II Original Term to Stated Maturity
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Original Term Principal Balance ($) Principal Balance
------------- --------------------- -----------------
<S> <C> <C> <C> <C>
168 < Orig. Term <= 180 4 140,924.65 0.02
228 < Orig. Term <= 240 1 89,204.15 0.01
348 < Orig. Term <= 360 6,127 669,294,361.69 99.97
Total 6,132 $669,524,490.49 100.00%
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
Group II Remaining Term to Stated Maturity
--------------------------------------------------------------------------------
Mortgage Loans Cut-off Date % of Cut-off Date
Remaining Term Principal Balance ($) Principal Balance
--------------- ------------------- ----------------
<S> <C> <C> <C> <C>
168 < Rem Term <= 180 4 140,924.65 0.02
228 < Rem Term <= 240 1 89,204.15 0.01
324 < Rem Term <= 336 1 95,036.45 0.01
336 < Rem Term <= 348 6 931,221.92 0.14
348 < Rem Term <= 360 6,120 668,268,103.32 99.81
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
Group II Lien Status
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Lien Status Mortgage Loans Cut-off Date % of Cut-off Date
Principal Balance ($) Principal Balance
----------- --------------------- -----------------
<S> <C> <C> <C>
First Lien 6,132 669,524,490.49 100.00
Total 6,132 $669,524,490.49 100.00
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Original Loan-To-Value Ratios
--------------------------------------------------------------------------------
<TABLE>
<CAPTION> Mortgage Loans Cut-off Date % of Cut-off Date
Original Loan-To-Value Ratio Principal Balance ($) Principal Balance
---------------------------- --------------------- -----------------
<S> <C> <C> <C>
10.00 < LTV <= 15.00 2 78,312.86 0.01
15.00 < LTV <= 20.00 8 738,493.13 0.11
20.00 < LTV <= 25.00 7 277,767.25 0.04
25.00 < LTV <= 30.00 8 331,754.69 0.05
30.00 < LTV <= 35.00 17 977,644.97 0.15
35.00 < LTV <= 40.00 24 1,400,544.45 0.21
40.00 < LTV <= 45.00 33 2,340,649.15 0.35
45.00 < LTV <= 50.00 56 4,125,553.69 0.62
50.00 < LTV <= 55.00 69 5,496,152.09 0.82
55.00 < LTV <= 60.00 118 9,449,146.48 1.41
60.00 < LTV <= 65.00 189 18,111,006.69 2.71
65.00 < LTV <= 70.00 415 38,846,546.98 5.80
70.00 < LTV <= 75.00 705 70,878,832.80 10.59
75.00 < LTV <= 80.00 1,894 205,544,493.97 30.70
80.00 < LTV <= 85.00 1,338 150,355,378.27 22.46
85.00 < LTV <= 90.00 1,210 154,924,734.79 23.14
90.00 < LTV <= 95.00 39 5,647,478.23 0.84
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
Group II Mortgage Insurance
--------------------------------------------------------------------------------
<TABLE>
<CAPTION> Mortgage Loans Cut-off Date % of Cut-off Date
Insurance Principal Balance ($) Principal Balance
----------- -------------- --------------------- -----------------
<S> <C> <C> <C>
Not Required 3,530 357,163,979.66 53.35
Insured (1) 19 2,239,302.16 0.33
Not Insured (2) 2,583 310,121,208.67 46.32
6,132 $669,524,490.49 100.00%
</TABLE>
Total
(1) Insured by Amerin Guaranty, Commonwealth, Foremost Guaranty Company, GEMICO
MGIC, PMI Mortgage Insurance
Co., and Republic Mortgage Insurance.
(2) Over 80% LTV without insurance.
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Original Mortgage Loan Principal Balances
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Original Mortgage Loan Principal Balance Principal Balance ($) Principal Balance
---------------------------------------- --------------------- -----------------
<S> <C> <C> <C> <C>
Balance <= 25,000 46 961,697.24 0.14
25,000 < Balance <= 50,000 836 33,550,610.09 5.01
50,000 < Balance <= 75,000 1,452 90,720,114.28 13.55
75,000 < Balance <= 100,000 1,117 97,273,710.78 14.53
100,000 < Balance <= 150,000 1,455 177,082,340.21 26.45
150,000 < Balance <= 175,000 372 60,132,620.56 8.98
175,000 < Balance <= 200,000 254 47,677,314.56 7.12
200,000 < Balance <= 250,000 291 64,436,113.93 9.62
250,000 < Balance <= 300,000 164 44,937,676.31 6.71
300,000 < Balance <= 350,000 83 26,956,775.12 4.03
350,000 < Balance <= 400,000 48 18,282,299.56 2.73
400,000 < Balance <= 450,000 2 835,724.05 0.12
450,000 < Balance <= 500,000 7 3,399,508.83 0.51
500,000 < Balance <= 600,000 3 1,647,933.90 0.25
600,000 < Balance <= 750,000 1 630,448.46 0.09
750,000 < Balance <= 1,000,000 1 999,602.61 0.15
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Geographic Distribution
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
State Principal Balance ($) Principal Balance
------ --------------- -----------------
<S> <C> <C> <C>
California 502 92,336,137.12 13.79
Colorado 148 20,571,127.43 3.07
Florida 350 35,343,810.86 5.28
Georgia 334 44,570,225.30 6.66
Illinois 317 33,643,699.66 5.03
Michigan 577 48,586,836.45 7.26
North Carolina 214 20,806,264.73 3.11
Ohio 376 29,400,767.96 4.39
Texas 664 75,619,007.17 11.29
Washington 150 21,289,743.17 3.18
Others 2,500 247,356,870.64 36.95
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Mortgaged Property Types
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Property Type Principal Balance ($) Principal Balance
------------- ----------------- -----------------
<S> <C> <C> <C>
Condo Low-Rise 149 13,387,363.73 2.00
Modular Housing 1 83,811.09 0.01
Manufactured Housing 81 5,751,760.50 0.86
Leasehold 3 404,136.00 0.06
Townhouses 52 5,465,077.55 0.82
Condo High-Rise 3 223,054.52 0.03
Condo Mid-Rise 7 876,977.17 0.13
Single Family Detached 5,218 550,570,056.53 82.23
PUD Detached 542 84,897,571.36 12.68
PUD Attached 76 7,864,682.04 1.17
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
Group II Occupancy Types
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Owner Occupancy Principal Balance ($) Principal Balance
--------------- -------------- --------------- -----------------
<S> <C> <C> <C>
Owner Occupied 5,807 647,325,848.50 96.68
Non Owner Occupied 325 22,198,641.99 3.32
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
Group II Mortgage Loan Documentation Types
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Documentation Type Principal Balance ($) Principal Balance
------------------- -------------------- -----------------
<S> <C> <C> <C>
Full Documentation 5,100 533,209,944.32 79.64
Reduced Documentation 1,032 136,314,546.17 20.36
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Mortgage Loan Purpose
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Loan Purpose Principal Balance ($) Principal Balance
------------ --------------------- -----------------
<S> <C> <C> <C>
Purchase 3,054 356,749,850.50 53.29
Rate/Term Refinance 443 49,682,823.25 7.42
Equity Refinance 2,634 262,928,455.24 39.27
Unknown 1 163,361.50 0.02
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
Group II RFC Designated Credit Score Distribution
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Credit Grade Principal Balance ($) Principal Balance
------------ --------------------- ---------------
<S> <C> <C> <C>
1A-1 75 12,277,163.39 1.83
1A 1,479 181,454,989.00 27.10
1 1,796 212,346,049.91 31.72
2 2,094 207,489,259.06 30.99
3 520 42,590,029.30 6.36
4 164 12,877,421.42 1.92
Unknown 4 489,578.41 0.07
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Credit Score Distribution
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
FICO Score Principal Balance ($) Principal Balance
---------------- ---------------- ------------------
<S> <C> <C> <C>
NO FICO STATED 88 5,453,853.24 0.81
FICO < 500 146 13,798,306.13 2.06
500 <= FICO < 520 384 36,408,029.00 5.44
520 <= FICO < 540 696 67,971,175.71 10.15
540 <= FICO < 560 826 86,617,968.39 12.94
560 <= FICO < 580 1,016 110,284,850.74 16.47
580 <= FICO < 600 922 106,089,278.85 15.85
600 <= FICO < 620 724 84,205,971.00 12.58
620 <= FICO < 640 554 63,699,774.76 9.51
640 <= FICO < 660 355 44,151,123.02 6.59
660 <= FICO < 680 190 23,848,453.47 3.56
680 <= FICO < 700 102 12,461,032.89 1.86
700 <= FICO < 720 54 6,009,616.37 0.90
720 <= FICO < 740 36 4,313,143.34 0.64
740 <= FICO < 760 27 2,603,016.24 0.39
760 <= FICO < 780 7 998,779.26 0.15
780 <= FICO < 800 5 610,118.08 0.09
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
Group II Gross Margins
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Gross Margin Principal Balance ($) Principal Balance
<S> <C> <C> <C> <C>
2.75% < Gross Margin <= 3.00% 1 75,433.39 0.01
3.50% < Gross Margin <= 3.75% 1 137,493.07 0.02
3.75% < Gross Margin <= 4.00% 3 234,813.75 0.04
4.00% < Gross Margin <= 4.25% 5 723,937.44 0.11
4.25% < Gross Margin <= 4.50% 36 5,136,286.60 0.77
4.50% < Gross Margin <= 4.75% 78 10,572,537.89 1.58
4.75% < Gross Margin <= 5.00% 138 17,110,652.11 2.56
5.00% < Gross Margin <= 5.25% 198 25,390,155.10 3.79
5.25% < Gross Margin <= 5.50% 360 46,217,951.07 6.90
5.50% < Gross Margin <= 5.75% 377 49,774,098.46 7.43
5.75% < Gross Margin <= 6.00% 622 74,139,339.92 11.07
6.00% < Gross Margin <= 7.00% 2,495 273,044,687.61 40.78
7.00% < Gross Margin <= 8.00% 1,340 126,723,965.72 18.93
8.00% < Gross Margin <= 9.00% 408 35,174,167.45 5.25
9.00% < Gross Margin <= 10.00% 61 4,445,026.60 0.66
10.00% < Gross Margin <= 11.00% 9 623,944.31 0.09
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Gross Life Cap
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Gross Life Cap Principal Balance ($) Principal Balance
-------------- --------------------- -----------------
<S> <C> <C> <C> <C>
13.75% < Gross Life Cap <= 14.00 2 163,036.45 0.02
14.00% < Gross Life Cap <= 14.25 2 334,130.68 0.05
14.25% < Gross Life Cap <= 14.50 3 579,864.68 0.09
14.50% < Gross Life Cap <= 14.75 8 1,782,351.49 0.27
14.75% < Gross Life Cap <= 15.00 44 7,408,179.36 1.11
15.00% < Gross Life Cap <= 15.25 46 6,909,681.83 1.03
15.25% < Gross Life Cap <= 15.50 106 15,809,175.63 2.36
15.50% < Gross Life Cap <= 15.75 129 17,073,678.30 2.55
15.75% < Gross Life Cap <= 16.00 284 38,967,135.27 5.82
16.00% < Gross Life Cap <= 16.25 210 27,123,588.37 4.05
16.25% < Gross Life Cap <= 16.50 415 53,578,131.59 8.00
16.50% < Gross Life Cap <= 16.75 462 54,991,472.77 8.21
16.75% < Gross Life Cap <= 17.00 604 71,442,077.10 10.67
17.00% < Gross Life Cap <= 17.25 395 43,401,450.98 6.48
17.25% < Gross Life Cap <= 17.50 509 54,518,974.76 8.14
17.50% < Gross Life Cap <= 17.75 471 50,215,084.92 7.50
17.75% < Gross Life Cap <= 18.00 660 67,437,113.45 10.07
18.00% < Gross Life Cap <= 18.25 323 31,724,948.77 4.74
18.25% < Gross Life Cap <= 18.50 335 31,380,426.30 4.69
18.50% < Gross Life Cap <= 18.75 302 26,652,852.04 3.98
18.75% < Gross Life Cap <= 19.00 278 23,608,582.63 3.53
19.00% < Gross Life Cap <= 19.25 133 12,281,140.66 1.83
19.25% < Gross Life Cap <= 19.50 130 10,493,814.76 1.57
19.50% < Gross Life Cap <= 19.75 99 7,972,881.78 1.19
19.75% < Gross Life Cap <= 20.00 90 7,459,697.85 1.11
20.00% < Gross Life Cap <= 20.25 36 2,889,611.70 0.43
20.25% < Gross Life Cap <= 20.50 19 1,119,342.07 0.17
20.50% < Gross Life Cap <= 20.75 12 682,108.31 0.10
20.75% < Gross Life Cap <= 21.00 10 726,670.06 0.11
21.00% < Gross Life Cap <= 22.00 13 656,394.86 0.10
22.00% < Gross Life Cap <= 23.00 1 33,730.35 0.01
23.00% < Gross Life Cap <= 24.00 1 107,160.72 0.02
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Index
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Cut-off date % of Cut-off Date
Index Loans Principal Balance ($) Principal Balance
------ ---------------- ---------
<S> <C> <C> <C>
6M-LIBOR 6,131 669,498,598.54 100.00
One Year Treasury 1 25,891.95 0.00
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
Group II Months To Initial Roll Date
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Original Term Principal Balance ($) Principal Balance
------------ --------------------- ----------------
<S> <C> <C> <C> <C>
12 < Teaser Term <= 24 4,169 475,411,223.53 71.01
24 < Teaser Term <= 36 1,948 192,935,744.33 28.82
36 < Teaser Term <= 48 15 1,177,522.63 0.18
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
Group II Next Interest Roll Date
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Mortgage Loans Cut-off Date % of Cut-off Date
Next Interest Roll Date Principal Balance ($) Principal Balance
----------------------- --------------------- -----------------
<S> <C> <C> <C>
12/1/00 1 95,036.45 0.01
5/4/01 1 146,228.06 0.02
7/1/01 2 426,615.38 0.06
8/1/01 1 105,246.16 0.02
9/1/01 1 66,672.61 0.01
11/1/01 3 229,257.12 0.03
12/1/01 1 143,379.01 0.02
1/1/02 2 245,630.70 0.04
1/5/02 1 75,140.35 0.01
1/13/02 1 99,691.04 0.01
2/1/02 5 458,239.45 0.07
3/1/02 24 2,887,563.94 0.43
3/7/02 1 107,600.15 0.02
3/9/02 2 143,847.82 0.02
3/13/02 1 77,188.14 0.01
3/14/02 2 318,991.71 0.05
3/20/02 3 154,151.44 0.02
3/21/02 1 107,727.29 0.02
3/27/02 1 71,784.45 0.01
3/29/02 3 599,475.73 0.09
4/1/02 111 13,301,980.59 1.99
4/4/02 1 128,192.50 0.02
4/5/02 1 320,723.06 0.05
4/7/02 1 101,403.98 0.02
4/11/02 2 286,041.30 0.04
4/12/02 1 89,767.20 0.01
4/14/02 1 62,326.68 0.01
4/17/02 2 196,811.34 0.03
4/19/02 1 25,846.75 0.00
4/24/02 3 220,814.71 0.03
4/28/02 1 93,291.21 0.01
5/1/02 236 30,367,025.54 4.54
5/2/02 4 206,638.37 0.03
5/3/02 6 622,449.81 0.09
5/4/02 2 211,233.64 0.03
5/5/02 4 398,234.20 0.06
5/8/02 5 326,510.02 0.05
5/9/02 7 627,043.21 0.09
5/10/02 8 486,318.19 0.07
5/11/02 3 291,833.41 0.04
5/12/02 3 228,290.10 0.03
5/15/02 7 880,517.91 0.13
5/16/02 1 57,342.99 0.01
5/17/02 4 489,171.41 0.07
5/18/02 2 72,660.23 0.01
5/19/02 5 537,528.26 0.08
5/22/02 11 1,060,740.56 0.16
5/23/02 4 206,225.74 0.03
5/25/02 3 250,797.51 0.04
5/26/02 5 532,380.09 0.08
5/30/02 10 656,507.03 0.10
6/1/02 1,141 132,428,430.50 19.78
6/2/02 3 250,636.27 0.04
6/5/02 15 1,349,320.89 0.20
6/6/02 4 415,527.66 0.06
6/7/02 7 481,165.72 0.07
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
6/8/02 5 386,632.47 0.06
6/9/02 11 1,083,665.09 0.16
6/10/02 1 103,940.05 0.02
6/12/02 5 353,817.00 0.05
6/13/02 3 175,006.89 0.03
6/14/02 6 784,891.39 0.12
6/15/02 6 569,048.47 0.08
6/16/02 6 685,331.73 0.10
6/19/02 7 668,559.21 0.10
6/20/02 9 597,294.70 0.09
6/21/02 5 530,370.68 0.08
6/22/02 3 213,681.24 0.03
6/23/02 5 448,474.04 0.07
6/26/02 5 326,731.60 0.05
6/27/02 5 377,425.81 0.06
6/28/02 6 604,378.44 0.09
6/29/02 2 135,508.34 0.02
6/30/02 12 1,079,468.14 0.16
7/1/02 1,572 183,530,219.43 27.41
7/3/02 8 941,663.30 0.14
7/5/02 19 1,492,340.52 0.22
7/6/02 12 845,199.00 0.13
7/7/02 6 456,648.45 0.07
7/10/02 24 2,573,185.61 0.38
7/11/02 8 586,016.92 0.09
7/12/02 2 79,876.82 0.01
7/14/02 3 423,806.58 0.06
7/15/02 7 656,132.30 0.10
7/17/02 3 296,342.94 0.04
7/18/02 3 454,615.03 0.07
7/19/02 3 295,348.07 0.04
7/20/02 8 913,177.69 0.14
7/21/02 1 63,733.31 0.01
7/24/02 1 101,204.83 0.02
7/25/02 1 116,964.62 0.02
7/30/02 1 90,010.08 0.01
8/1/02 659 73,731,653.15 11.01
8/5/02 8 817,950.00 0.12
8/6/02 1 76,500.00 0.01
8/8/02 1 111,912.67 0.02
8/10/02 21 2,205,439.00 0.33
8/15/02 6 540,775.00 0.08
9/1/02 24 2,586,625.00 0.39
10/1/02 3 509,611.09 0.08
11/1/02 2 192,666.00 0.03
12/1/02 3 151,041.76 0.02
1/1/03 1 95,714.94 0.01
2/1/03 3 307,592.91 0.05
3/1/03 21 1,934,669.94 0.29
3/15/03 1 59,395.16 0.01
3/24/03 1 82,839.17 0.01
3/27/03 1 53,789.71 0.01
4/1/03 38 4,682,128.85 0.70
4/4/03 1 62,903.85 0.01
4/14/03 1 55,938.42 0.01
4/21/03 1 50,940.76 0.01
4/24/03 1 70,506.41 0.01
4/25/03 1 51,221.68 0.01
4/28/03 3 306,090.06 0.05
5/1/03 128 14,390,332.53 2.15
5/2/03 1 57,305.85 0.01
5/3/03 4 397,109.91 0.06
5/4/03 1 47,543.97 0.01
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
RASC Series 2000-KS4 Trust
Home Equity Asset-Backed Pass-Through Certificates, Series 2000-KS4
$1,425,000,000 (approximate)
--------------------------------------------------------------------------------
<S> <C> <C> <C>
5/5/03 4 341,868.50 0.05
5/9/03 1 60,945.34 0.01
5/10/03 4 412,140.29 0.06
5/11/03 2 209,771.00 0.03
5/12/03 1 56,938.31 0.01
5/15/03 4 233,185.25 0.03
5/16/03 3 407,136.88 0.06
5/18/03 1 74,922.75 0.01
5/19/03 4 398,584.12 0.06
5/22/03 2 108,151.62 0.02
5/23/03 1 41,584.62 0.01
5/24/03 4 350,869.96 0.05
5/25/03 1 39,977.82 0.01
5/26/03 4 323,052.83 0.05
5/30/03 2 351,764.39 0.05
6/1/03 593 56,065,266.18 8.37
6/2/03 1 71,935.89 0.01
6/5/03 3 179,712.25 0.03
6/6/03 1 32,982.53 0.00
6/7/03 2 176,122.17 0.03
6/8/03 2 139,201.93 0.02
6/9/03 1 100,154.09 0.01
6/12/03 1 44,174.51 0.01
6/13/03 4 207,130.12 0.03
6/14/03 1 45,466.32 0.01
6/15/03 3 328,407.07 0.05
6/16/03 3 252,579.27 0.04
6/19/03 6 441,884.21 0.07
6/20/03 4 335,577.06 0.05
6/21/03 5 305,712.34 0.05
6/22/03 1 134,903.06 0.02
6/23/03 2 168,180.35 0.03
6/26/03 1 91,940.26 0.01
7/1/03 745 75,860,188.11 11.33
7/3/03 4 435,000.87 0.06
7/5/03 2 168,443.52 0.03
7/6/03 1 106,216.97 0.02
7/12/03 1 87,163.43 0.01
7/13/03 1 51,732.14 0.01
7/17/03 1 135,450.14 0.02
8/1/03 292 27,613,717.86 4.12
9/1/03 11 1,042,250.00 0.16
Total 6,132 $669,524,490.49 100.00%
</TABLE>
--------------------------------------------------------------------------------
THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DID NOT RECEIVE SUCH A
DISCLAIMER, PLEASE CONTACT YOUR PRUDENTIAL SECURITIES INCORPORATED FINANCIAL
ADVISOR IMMEDIATELY. THIS STRUCTURAL TERMSHEET SUPERSEDES ANY PREVIOUS
STRUCTURAL TERMSHEETS, AND WILL BE SUPERSEDED BY THE INFORMATION IN THE
PROSPECTUS SUPPLEMENT.
<PAGE>
<TABLE>
<CAPTION>
Class A-I-4
Date Balance Principal Interest Accrual Total
-------- --------------- ------------- ------------ -------- ----------
<S> <C> <C> <C> <C> <C>
09/01/2000 84,000,000.00 0 0 0 0
10/25/2000 84,000,000.00 0 531,300.00 0 531,300.00
11/25/2000 84,000,000.00 0 531,300.00 0 531,300.00
12/25/2000 84,000,000.00 0 531,300.00 0 531,300.00
01/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
02/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
03/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
04/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
05/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
06/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
07/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
08/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
09/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
10/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
11/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
12/25/2001 84,000,000.00 0 531,300.00 0 531,300.00
01/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
02/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
03/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
04/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
05/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
06/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
07/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
08/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
09/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
10/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
11/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
12/25/2002 84,000,000.00 0 531,300.00 0 531,300.00
01/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
02/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
03/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
04/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
05/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
06/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
07/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
08/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
09/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
10/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
11/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
12/25/2003 84,000,000.00 0 531,300.00 0 531,300.00
01/25/2004 84,000,000.00 0 531,300.00 0 531,300.00
02/25/2004 84,000,000.00 0 531,300.00 0 531,300.00
03/25/2004 84,000,000.00 0 531,300.00 0 531,300.00
04/25/2004 84,000,000.00 0 531,300.00 0 531,300.00
05/25/2004 84,000,000.00 0 531,300.00 0 531,300.00
06/25/2004 83,287,696.33 712,303.67 531,300.00 0 1,243,603.67
07/25/2004 79,621,201.81 3,666,494.52 526,794.68 0 4,193,289.20
08/25/2004 76,041,232.31 3,579,969.50 503,604.10 0 4,083,573.60
09/25/2004 72,545,844.70 3,495,387.60 480,960.79 0 3,976,348.40
<PAGE>
<S> <C> <C> <C> <C> <C>
10/25/2004 69,133,138.58 3,412,706.12 458,852.47 0 3,871,558.59
11/25/2004 65,801,255.31 3,331,883.27 437,267.10 0 3,769,150.37
12/25/2004 62,548,377.12 3,252,878.19 416,192.94 0 3,669,071.13
01/25/2005 59,372,726.24 3,175,650.89 395,618.49 0 3,571,269.37
02/25/2005 56,272,563.98 3,100,162.26 375,532.49 0 3,475,694.75
03/25/2005 53,246,189.94 3,026,374.04 355,923.97 0 3,382,298.01
04/25/2005 50,291,941.12 2,954,248.82 336,782.15 0 3,291,030.97
05/25/2005 47,408,191.15 2,883,749.97 318,096.53 0 3,201,846.50
06/25/2005 44,593,349.47 2,814,841.68 299,856.81 0 3,114,698.49
07/25/2005 41,845,860.54 2,747,488.93 282,052.94 0 3,029,541.86
08/25/2005 39,164,203.11 2,681,657.43 264,675.07 0 2,946,332.50
09/25/2005 36,546,889.45 2,617,313.66 247,713.58 0 2,865,027.25
10/25/2005 34,302,191.06 2,244,698.39 231,159.08 0 2,475,857.46
11/25/2005 32,110,356.21 2,191,834.85 216,961.36 0 2,408,796.21
12/25/2005 29,970,172.86 2,140,183.35 203,098.00 0 2,343,281.36
01/25/2006 27,880,456.28 2,089,716.58 189,561.34 0 2,279,277.92
02/25/2006 25,840,048.43 2,040,407.84 176,343.89 0 2,216,751.73
03/25/2006 23,847,817.39 1,992,231.04 163,438.31 0 2,155,669.35
04/25/2006 21,902,656.73 1,945,160.66 150,837.44 0 2,095,998.10
05/25/2006 20,003,484.99 1,899,171.74 138,534.30 0 2,037,706.05
06/25/2006 18,149,245.09 1,854,239.90 126,522.04 0 1,980,761.94
07/25/2006 16,338,903.82 1,810,341.27 114,793.98 0 1,925,135.25
08/25/2006 14,571,451.27 1,767,452.55 103,343.57 0 1,870,796.12
09/25/2006 12,845,900.34 1,725,550.93 92,164.43 0 1,817,715.36
10/25/2006 11,304,262.83 1,541,637.51 81,250.32 0 1,622,887.83
11/25/2006 9,796,845.02 1,507,417.81 71,499.46 0 1,578,917.27
12/25/2006 8,322,897.01 1,473,948.01 61,965.04 0 1,535,913.06
01/25/2007 6,881,685.19 1,441,211.81 52,642.32 0 1,493,854.14
02/25/2007 5,472,491.95 1,409,193.25 43,526.66 0 1,452,719.91
03/25/2007 4,094,615.25 1,377,876.70 34,613.51 0 1,412,490.21
04/25/2007 2,747,368.37 1,347,246.88 25,898.44 0 1,373,145.32
05/25/2007 1,430,079.51 1,317,288.86 17,377.10 0 1,334,665.96
06/25/2007 142,091.52 1,287,988.00 9,045.25 0 1,297,033.25
07/25/2007 0 142,091.52 898.73 0 142,990.24
Totals 84,000,000.00 31,913,898.69 0 115,913,898.60
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Class A-I-5
Date Balance Principal Interest Accrual Total
---------- ------------- ------- ---------- ------- -----
09/01/2000 55,000,000.00 0 0 0 0
10/25/2000 55,000,000.00 0 359,562.50 0 359,562.50
11/25/2000 55,000,000.00 0 359,562.50 0 359,562.50
12/25/2000 55,000,000.00 0 359,562.50 0 359,562.50
01/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
02/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
03/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
04/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
05/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
06/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
07/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
08/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
09/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
10/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
11/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
12/25/2001 55,000,000.00 0 359,562.50 0 359,562.50
01/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
02/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
03/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
04/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
05/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
06/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
07/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
08/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
09/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
10/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
11/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
12/25/2002 55,000,000.00 0 359,562.50 0 359,562.50
01/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
02/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
03/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
04/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
05/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
06/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
07/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
08/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
09/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
10/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
11/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
12/25/2003 55,000,000.00 0 359,562.50 0 359,562.50
01/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
02/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
03/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
04/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
05/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
06/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
07/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
08/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
09/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
<PAGE>
<S> <C> <C> <C> <C> <C>
10/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
11/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
12/25/2004 55,000,000.00 0 359,562.50 0 359,562.50
01/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
02/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
03/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
04/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
05/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
06/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
07/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
08/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
09/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
10/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
11/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
12/25/2005 55,000,000.00 0 359,562.50 0 359,562.50
01/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
02/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
03/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
04/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
05/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
06/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
07/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
08/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
09/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
10/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
11/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
12/25/2006 55,000,000.00 0 359,562.50 0 359,562.50
01/25/2007 55,000,000.00 0 359,562.50 0 359,562.50
02/25/2007 55,000,000.00 0 359,562.50 0 359,562.50
03/25/2007 55,000,000.00 0 359,562.50 0 359,562.50
04/25/2007 55,000,000.00 0 359,562.50 0 359,562.50
05/25/2007 55,000,000.00 0 359,562.50 0 359,562.50
06/25/2007 55,000,000.00 0 359,562.50 0 359,562.50
07/25/2007 53,882,761.51 1,117,238.49 359,562.50 0 1,476,800.99
08/25/2007 52,651,460.64 1,231,300.87 352,258.55 0 1,583,559.43
09/25/2007 51,447,573.73 1,203,886.91 344,208.92 0 1,548,095.84
10/25/2007 51,362,157.37 85,416.36 336,338.51 0 421,754.87
11/25/2007 51,203,669.39 158,487.98 335,780.10 0 494,268.08
12/25/2007 50,978,798.58 224,870.81 334,743.99 0 559,614.80
01/25/2008 50,691,893.54 286,905.04 333,273.90 0 620,178.94
02/25/2008 50,339,674.91 352,218.62 331,398.25 0 683,616.88
03/25/2008 49,934,402.75 405,272.16 329,095.62 0 734,367.79
04/25/2008 49,481,436.16 452,966.60 326,446.16 0 779,412.75
05/25/2008 48,985,732.63 495,703.53 323,484.89 0 819,188.42
06/25/2008 48,451,875.94 533,856.69 320,244.23 0 854,100.91
07/25/2008 47,884,102.11 567,773.83 316,754.14 0 884,527.97
08/25/2008 47,286,323.64 597,778.47 313,042.32 0 910,820.79
09/25/2008 46,662,152.10 624,171.54 309,134.34 0 933,305.89
10/25/2008 46,014,919.18 647,232.91 305,053.82 0 952,286.73
11/25/2008 45,347,696.36 667,222.82 300,822.53 0 968,045.35
12/25/2008 44,663,313.17 684,383.19 296,460.56 0 980,843.75
01/25/2009 43,964,374.27 698,938.90 291,986.41 0 990,925.31
<PAGE>
<S> <C> <C> <C> <C> <C>
02/25/2009 43,253,275.34 711,098.93 287,417.10 0 998,516.03
03/25/2009 42,532,217.89 721,057.45 282,768.29 0 1,003,825.73
04/25/2009 41,803,223.10 728,994.79 278,054.37 0 1,007,049.16
05/25/2009 0 41,803,223.10 273,288.57 0 42,076,511.67
------------- ------------- ----------- -------------
Totals 55,000,000.00 36,406,180.59 0 91,406,180.59
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Class A-I-6
Date Balance Principal Interest Accrual Total
-------- ------------- ---------- ---------- ------- ---------
<S> <C> <C> <C> <C> <C>
09/01/2000 50,000,000.00 0 0 0 0
10/25/2000 50,000,000.00 0 309,791.67 0 309,791.67
11/25/2000 50,000,000.00 0 309,791.67 0 309,791.67
12/25/2000 50,000,000.00 0 309,791.67 0 309,791.67
01/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
02/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
03/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
04/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
05/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
06/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
07/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
08/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
09/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
10/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
11/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
12/25/2001 50,000,000.00 0 309,791.67 0 309,791.67
01/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
02/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
03/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
04/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
05/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
06/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
07/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
08/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
09/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
10/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
11/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
12/25/2002 50,000,000.00 0 309,791.67 0 309,791.67
01/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
02/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
03/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
04/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
05/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
06/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
07/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
08/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
09/25/2003 50,000,000.00 0 309,791.67 0 309,791.67
10/25/2003 49,496,832.98 503,167.02 309,791.67 0 812,958.68
11/25/2003 48,998,547.22 498,285.77 306,674.13 0 804,959.90
12/25/2003 48,505,095.28 493,451.93 303,586.83 0 797,038.77
01/25/2004 48,016,430.23 488,665.05 300,529.49 0 789,194.54
02/25/2004 47,532,505.56 483,924.67 297,501.80 0 781,426.47
03/25/2004 47,053,275.23 479,230.33 294,503.48 0 773,733.82
04/25/2004 46,578,693.63 474,581.60 291,534.25 0 766,115.85
05/25/2004 46,108,715.60 469,978.03 288,593.82 0 758,571.85
06/25/2004 45,643,296.41 465,419.18 285,681.92 0 751,101.10
07/25/2004 45,182,391.78 460,904.63 282,798.26 0 743,702.89
08/25/2004 44,725,957.84 456,433.94 279,942.57 0 736,376.51
09/25/2004 44,273,951.15 452,006.69 277,114.58 0 729,121.27
<PAGE>
<S> <C> <C> <C> <C> <C>
10/25/2004 43,826,328.69 447,622.46 274,314.02 0 721,936.48
11/25/2004 43,383,047.86 443,280.83 271,540.63 0 714,821.46
12/25/2004 42,944,066.47 438,981.39 268,794.13 0 707,775.53
01/25/2005 42,509,342.73 434,723.74 266,074.28 0 700,798.02
02/25/2005 42,078,835.26 430,507.47 263,380.80 0 693,888.27
03/25/2005 41,652,503.09 426,332.17 260,713.45 0 687,045.62
04/25/2005 41,230,305.62 422,197.46 258,071.97 0 680,269.43
05/25/2005 40,812,202.69 418,102.94 255,456.10 0 673,559.04
06/25/2005 40,398,154.47 414,048.22 252,865.61 0 666,913.83
07/25/2005 39,988,121.55 410,032.92 250,300.23 0 660,333.15
08/25/2005 39,582,064.89 406,056.65 247,759.74 0 653,816.39
09/25/2005 39,179,945.85 402,119.05 245,243.88 0 647,362.92
10/25/2005 38,471,999.67 707,946.18 242,752.41 0 950,698.59
11/25/2005 37,776,517.34 695,482.34 238,366.10 0 933,848.44
12/25/2005 37,093,281.84 683,235.49 234,057.01 0 917,292.50
01/25/2006 36,422,079.95 671,201.89 229,823.79 0 901,025.68
02/25/2006 35,762,702.12 659,377.83 225,665.14 0 885,042.97
03/25/2006 35,114,942.42 647,759.69 221,579.74 0 869,339.43
04/25/2006 34,478,598.52 636,343.90 217,566.33 0 853,910.23
05/25/2006 33,853,471.57 625,126.96 213,623.65 0 838,750.61
06/25/2006 33,239,366.15 614,105.41 209,750.47 0 823,855.88
07/25/2006 32,636,090.27 603,275.88 205,945.57 0 809,221.46
08/25/2006 32,043,455.22 592,635.05 202,207.78 0 794,842.82
09/25/2006 31,461,275.59 582,179.63 198,535.91 0 780,715.54
10/25/2006 30,746,392.57 714,883.03 194,928.82 0 909,811.85
11/25/2006 30,047,377.79 699,014.78 190,499.52 0 889,514.30
12/25/2006 29,363,883.51 683,494.28 186,168.54 0 869,662.82
01/25/2007 28,695,569.55 668,313.96 181,933.73 0 850,247.68
02/25/2007 28,042,103.14 653,466.41 177,792.97 0 831,259.38
03/25/2007 27,403,158.73 638,944.41 173,744.20 0 812,688.60
04/25/2007 26,778,417.89 624,740.85 169,785.40 0 794,526.25
05/25/2007 26,167,569.07 610,848.81 165,914.61 0 776,763.43
06/25/2007 25,570,307.55 597,261.52 162,129.90 0 759,391.41
07/25/2007 24,986,335.23 583,972.33 158,429.36 0 742,401.69
08/25/2007 24,415,360.48 570,974.75 154,811.17 0 725,785.92
09/25/2007 23,857,098.03 558,262.44 151,273.50 0 709,535.95
10/25/2007 22,219,610.48 1,637,487.55 147,814.60 0 1,785,302.16
11/25/2007 20,693,578.33 1,526,032.14 137,669.00 0 1,663,701.15
12/25/2007 19,271,469.93 1,422,108.40 128,213.96 0 1,550,322.36
01/25/2008 17,937,646.04 1,333,823.90 119,402.82 0 1,453,226.71
02/25/2008 16,658,410.78 1,279,235.25 111,138.67 0 1,390,373.92
03/25/2008 15,468,623.73 1,189,787.05 103,212.74 0 1,292,999.79
04/25/2008 14,362,125.98 1,106,497.75 95,841.01 0 1,202,338.76
05/25/2008 13,333,177.68 1,028,948.30 88,985.34 0 1,117,933.64
06/25/2008 12,376,429.74 956,747.94 82,610.15 0 1,039,358.09
07/25/2008 11,486,897.52 889,532.22 76,682.30 0 966,214.52
08/25/2008 10,659,936.21 826,961.31 71,170.90 0 898,132.21
09/25/2008 9,891,217.90 768,718.31 66,047.19 0 834,765.50
10/25/2008 9,176,710.16 714,507.74 61,284.34 0 775,792.08
11/25/2008 8,512,656.08 664,054.08 56,857.37 0 720,911.45
12/25/2008 7,895,555.62 617,100.45 52,743.00 0 669,843.45
<PAGE>
01/25/2009 7,322,148.27 573,407.36 48,919.55 0 622,326.90
02/25/2009 6,789,396.76 532,751.50 45,366.81 0 578,118.31
03/25/2009 6,294,472.02 494,924.74 42,065.97 0 536,990.71
04/25/2009 5,834,738.99 459,733.03 38,999.50 0 498,732.53
05/25/2009 0 5,834,738.99 36,151.07 0 5,870,890.06
------------- ------------- --------- -------------
Totals 50,000,000.00 24,103,729.53 0 74,103,729.53
</TABLE>
<PAGE>
Financial Strategies 09/13/00 11:03:40 am Prudential Securities
Group IMPACT CMO/ABS Analytics - Bond Cashflows Incorporated
Deal ID/CUSIP RASC00KS4 Maturity N/A
Class A-I-1 AAA/AAA FLT L-1M+TBA Coupon * Cap Flr 0.00
Underwriter PSI Accrued 0.00000
Issuer RESIDENTIAL ASSET SECURITIES CORPOR 1st Payment 10/25/00
Collateral (Real) Factor 1.000000000 on 09/28/00
N/GWAC (Orig) / LIBOR-1M 6.62000
WAM (Orig) Settle 09/28/00
Price 100-00 Proceeds 60,000,000 Prepay at HEP 23.00 Roll at
Original Face of 60,000,000
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Date Balance Principal Interest Accrual Total
-------- --------------- ------------- ------------- ------------- -------------
<S> <C> <C> <C> <C> <C>
09/28/00 60,000,000.00 0.00 0.00 0.00 0.00
10/25/00 57,995,037.14 2,004,962.86 301,950.00 0.00 2,306,912.86
11/25/00 55,677,811.02 2,317,226.12 335,098.55 0.00 2,652,324.66
12/25/00 52,996,743.25 2,681,067.77 311,331.76 0.00 2,992,399.53
01/25/01 49,977,940.10 3,018,803.15 306,218.13 0.00 3,325,021.28
02/25/01 46,618,675.87 3,359,264.24 288,775.31 0.00 3,648,039.55
03/25/01 42,902,671.80 3,716,004.06 243,297.69 0.00 3,959,301.75
04/25/01 38,906,212.59 3,996,459.21 247,894.02 0.00 4,244,353.23
05/25/01 35,344,862.56 3,561,350.03 217,550.57 0.00 3,778,900.60
06/25/01 31,911,285.40 3,433,577.16 204,224.58 0.00 3,637,801.74
07/25/01 28,552,894.76 3,358,390.65 178,437.27 0.00 3,536,827.92
08/25/01 25,268,055.49 3,284,839.26 164,980.21 0.00 3,449,819.47
09/25/01 22,055,167.92 3,212,887.57 146,000.23 0.00 3,358,887.80
10/25/01 18,912,666.99 3,142,500.93 123,325.15 0.00 3,265,826.08
11/25/01 15,839,021.55 3,073,645.43 109,278.44 0.00 3,182,923.87
12/25/01 12,832,733.65 3,006,287.90 88,566.53 0.00 3,094,854.43
01/25/02 9,892,337.78 2,940,395.88 74,148.25 0.00 3,014,544.12
02/25/02 7,016,400.17 2,875,937.61 57,158.48 0.00 2,933,096.09
03/25/02 4,203,518.14 2,812,882.03 36,617.81 0.00 2,849,499.84
04/25/02 1,452,319.39 2,751,198.75 24,288.16 0.00 2,775,486.91
05/25/02 0.00 1,452,319.39 8,120.89 0.00 1,460,440.28
------------- ------------- ------------- -------------
Totals 60,000,000.00 3,467,262.02 0.00 63,467,262.02
Page 1 of 1
</TABLE>
Exercise call option : Mandatory
Call option code : Earlier of
Fraction of coll. prin. : 0.1000
Yields are to Call
<PAGE>
