BANC OF AMERICA FUNDING CORP
8-K, EX-99.1, 2000-06-06
ASSET-BACKED SECURITIES
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<TABLE>
<CAPTION>
Bank of America Funding Corporation
Mortgage Pass-Through Certificates
Record Date:           4/30/2000
Distribution Date:     5/22/2000


BAF  Series: 2000-1
Contact: Customer Service - CTSLink
         Norwest Bank Minnesota, N.A.
         Securities Administration Services
         7485 New Horizon Way
         Frederick, MD 21703
         Telephone: (301) 815-6600
         Fax:       (301) 846-8152


                                             Certificateholder Distribution Summary

                       Certificate      Certificate        Beginning
                          Class        Pass-Through      Certificate          Interest      Principal
Class          CUSIP   Description             Rate          Balance        Distribution   Distribution
<S>          <C>        <C>            <C>            <C>               <C>             <C>
    1A1        05946XAA1         SEN          6.75000%     28,011,000.00      157,561.87      389,831.34
    1A2        05946XAB9         SEN          6.75000%     50,000,000.00      281,250.00      457,283.79
    1A3        05946XAC7         SEN          6.75000%    138,167,000.00      777,189.37    1,177,771.09
    1A4        05946XAD5         SEN          6.75000%    125,840,000.00      707,850.00    1,008,388.70
    1A5        05946XAE3         SEN          6.75000%    125,270,000.00      704,643.75      973,616.67
    1A6        05946XAF0         SEN          6.75000%     10,000,000.00       56,250.00            0.00
    1A7        05946XAG8         SEN          6.75000%     11,366,000.00       63,933.75            0.00
    1A8        05946XAH6         SEN          6.75000%    125,039,000.00      703,344.37      904,072.62
    1A9        05946XAJ2         SEN          6.75000%     92,473,000.00      520,160.62            0.00
    1A10       05946XAK9         SEN          6.75000%     67,103,000.00      377,454.37      247,803.75
    1A11       05946XAL7         SEN          6.75000%     44,054,000.00      247,803.75     -247,803.75
    1A12       05946XAM5         SEN          6.75000%     93,900,000.00      528,187.50            0.00
    AR         05946XBD4         SEN          6.75000%            100.00            0.56          100.00
    1AWIO      05946XAN3         SEN          0.20879%              0.00      163,445.40            0.00
    2A1        05946XAU7         SEN          6.75000%    119,724,000.00      673,447.50    1,126,241.37
    2A2        05946XAV5         SEN          6.75000%     30,000,000.00      168,750.00      139,148.26
    2AWIO      05946XAW3         SEN          0.12342%              0.00       15,633.84            0.00
    1B1        05946XAP8         JUN          6.75000%     11,743,000.00       66,054.38       17,922.92
    1B2        05946XAQ6         JUN          6.75000%      6,107,000.00       34,351.88        9,320.89
    1B3        05946XAR4         JUN          6.75000%      3,758,000.00       21,138.75        5,735.70
    1B4        05946XAS2         JUN          6.75000%      2,819,000.00       15,856.88        4,302.54
    1B5        05946XAT0         JUN          6.75000%      1,879,000.00       10,569.38        2,867.85
    2B1        05946XAX1         JUN          6.75000%        761,000.00        4,280.63        3,529.73
    2B2        05946XAY9         JUN          6.75000%        533,000.00        2,998.13        2,472.20
    2B3        05946XAZ6         JUN          6.75000%        381,000.00        2,143.13        1,767.18
    2B4        05946XBA0         JUN          6.75000%        229,000.00        1,288.13        1,062.16
    2B5        05946XBB8         JUN          6.75000%         77,000.00          433.13          357.15
Totals                                                   1,089,234,100.0    6,306,021.07    6,225,792.16
</TABLE>
<TABLE>
<CAPTION>

                                       Certificateholder Distribution Summary (continued)


                          Current                Ending                                       Cumulative
                         Realized           Certificate                   Total                 Realized
Class                        Loss               Balance            Distribution                   Losses
<S>           <C>                  <C>                     <C>                      <C>
1A1                            0.00          27,621,168.66               547,393.21                      0.00
1A2                            0.00          49,542,716.21               738,533.79                      0.00
1A3                            0.00         136,989,228.91             1,954,960.46                      0.00
1A4                            0.00         124,831,611.30             1,716,238.70                      0.00
1A5                            0.00         124,296,383.33             1,678,260.42                      0.00
1A6                            0.00          10,000,000.00                56,250.00                      0.00
1A7                            0.00          11,366,000.00                63,933.75                      0.00
1A8                            0.00         124,134,927.38             1,607,416.99                      0.00
1A9                            0.00          92,473,000.00               520,160.62                      0.00
1A10                           0.00          66,855,196.25               625,258.12                      0.00
1A11                           0.00          44,301,803.75                     0.00                      0.00
1A12                           0.00          93,900,000.00               528,187.50                      0.00
AR                             0.00                   0.00                   100.56                      0.00
1AWIO                          0.00                   0.00               163,445.40                      0.00
2A1                            0.00         118,597,758.63             1,799,688.87                      0.00
2A2                            0.00          29,860,851.74               307,898.26                      0.00
2AWIO                          0.00                   0.00                15,633.84                      0.00
1B1                            0.00          11,725,077.08                83,977.30                      0.00
1B2                            0.00           6,097,679.11                43,672.77                      0.00
1B3                            0.00           3,752,264.30                26,874.45                      0.00
1B4                            0.00           2,814,697.46                20,159.42                      0.00
1B5                            0.00           1,876,132.15                13,437.23                      0.00
2B1                            0.00             757,470.27                 7,810.36                      0.00
2B2                            0.00             530,527.80                 5,470.33                      0.00
2B3                            0.00             379,232.82                 3,910.31                      0.00
2B4                            0.00             227,937.84                 2,350.29                      0.00
2B5                            0.00              76,642.85                   790.28                      0.00
Totals                         0.00       1,083,008,307.84            12,531,813.23                      0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.

</FN>
</TABLE>
<TABLE>
<CAPTION>

                                                Principal Distribution Statement

                        Original         Beginning         Scheduled         Unscheduled
                            Face       Certificate         Principal           Principal                     Realized
Class                     Amount           Balance      Distribution         Distribution     Accretion       Loss (1)
<S>             <C>               <C>                 <C>               <C>             <C>             <C>
1A1                  28,011,000.00      28,011,000.00         110,396.58      279,434.77           0.00            0.00
1A2                  50,000,000.00      50,000,000.00         129,498.48      327,785.32           0.00            0.00
1A3                 138,167,000.00     138,167,000.00         333,533.71      844,237.38           0.00            0.00
1A4                 125,840,000.00     125,840,000.00         285,566.21      722,822.49           0.00            0.00
1A5                 125,270,000.00     125,270,000.00         275,719.10      697,897.57           0.00            0.00
1A6                  10,000,000.00      10,000,000.00               0.00            0.00           0.00            0.00
1A7                  11,366,000.00      11,366,000.00               0.00            0.00           0.00            0.00
1A8                 125,039,000.00     125,039,000.00         256,024.88      648,047.75           0.00            0.00
1A9                  92,473,000.00      92,473,000.00               0.00            0.00           0.00            0.00
1A10                 67,103,000.00      67,103,000.00          70,175.69      177,628.06           0.00            0.00
1A11                 44,054,000.00      44,054,000.00               0.00            0.00    (247,803.75)           0.00
1A12                 93,900,000.00      93,900,000.00               0.00            0.00           0.00            0.00
AR                          100.00             100.00              28.32           71.68           0.00            0.00
1AWIO                         0.00               0.00               0.00            0.00           0.00            0.00
2A1                 119,724,000.00     119,724,000.00         618,094.86      508,146.52           0.00            0.00
2A2                  30,000,000.00      30,000,000.00          76,366.24       62,782.01           0.00            0.00
2AWIO                         0.00               0.00               0.00            0.00           0.00            0.00
1B1                  11,743,000.00      11,743,000.00          17,922.92            0.00           0.00            0.00
1B2                   6,107,000.00       6,107,000.00           9,320.89            0.00           0.00            0.00
1B3                   3,758,000.00       3,758,000.00           5,735.70            0.00           0.00            0.00
1B4                   2,819,000.00       2,819,000.00           4,302.54            0.00           0.00            0.00
1B5                   1,879,000.00       1,879,000.00           2,867.85            0.00           0.00            0.00
2B1                     761,000.00         761,000.00           3,529.73            0.00           0.00            0.00
2B2                     533,000.00         533,000.00           2,472.20            0.00           0.00            0.00
2B3                     381,000.00         381,000.00           1,767.18            0.00           0.00            0.00
2B4                     229,000.00         229,000.00           1,062.16            0.00           0.00            0.00
2B5                      77,000.00          77,000.00             357.15            0.00           0.00            0.00
Totals             1,089,234,100.0   1,089,234,100.00       2,204,742.39    4,268,853.55    (247,803.75)           0.00
<FN>
(1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed.
    Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>

                                          Principal Distribution Statement (continued)

                                   Total               Ending              Ending            Total
                               Principal          Certificate         Certificate        Principal
Class                          Reduction              Balance          Percentage     Distribution
<S>               <C>                     <C>                    <C>                 <C>
1A1                             389,831.34         27,621,168.66           0.98608292        389,831.34
1A2                             457,283.79         49,542,716.21           0.99085432        457,283.79
1A3                           1,177,771.09        136,989,228.91           0.99147574      1,177,771.09
1A4                           1,008,388.70        124,831,611.30           0.99198674      1,008,388.70
1A5                             973,616.67        124,296,383.33           0.99222785        973,616.67
1A6                                   0.00         10,000,000.00           1.00000000              0.00
1A7                                   0.00         11,366,000.00           1.00000000              0.00
1A8                             904,072.62        124,134,927.38           0.99276967        904,072.62
1A9                                   0.00         92,473,000.00           1.00000000              0.00
1A10                            247,803.75         66,855,196.25           0.99630711        247,803.75
1A11                          (247,803.75)         44,301,803.75           1.00562500      (247,803.75)
1A12                                  0.00         93,900,000.00           1.00000000              0.00
AR                                  100.00                  0.00           0.00000000            100.00
1AWIO                                 0.00                  0.00           0.00000000              0.00
2A1                           1,126,241.37        118,597,758.63           0.99059302      1,126,241.37
2A2                             139,148.26         29,860,851.74           0.99536172        139,148.26
2AWIO                                 0.00                  0.00           0.00000000              0.00
1B1                              17,922.92         11,725,077.08           0.99847374         17,922.92
1B2                               9,320.89          6,097,679.11           0.99847374          9,320.89
1B3                               5,735.70          3,752,264.30           0.99847374          5,735.70
1B4                               4,302.54          2,814,697.46           0.99847374          4,302.54
1B5                               2,867.85          1,876,132.15           0.99847374          2,867.85
2B1                               3,529.73            757,470.27           0.99536172          3,529.73
2B2                               2,472.20            530,527.80           0.99536173          2,472.20
2B3                               1,767.18            379,232.82           0.99536173          1,767.18
2B4                               1,062.16            227,937.84           0.99536175          1,062.16
2B5                                 357.15             76,642.85           0.99536169            357.15
Totals                        6,225,792.16      1,083,008,307.84           0.99428425      6,225,792.16
</TABLE>
<TABLE>
<CAPTION>


                                              Principal Distribution Factors Statement
                          Original          Beginning         Scheduled        Unscheduled
                              Face        Certificate         Principal          Principal
Class (2)                   Amount            Balance      Distribution       Distribution        Accretion

<S>          <C>                    <C>                 <C>                 <C>                <C>
1A1                    28,011,000.00       1000.00000000         3.94118668          9.97589411        0.00000000
1A2                    50,000,000.00       1000.00000000         2.58996960          6.55570640        0.00000000
1A3                   138,167,000.00       1000.00000000         2.41398966          6.11026786        0.00000000
1A4                   125,840,000.00       1000.00000000         2.26928012          5.74398037        0.00000000
1A5                   125,270,000.00       1000.00000000         2.20099864          5.57114688        0.00000000
1A6                    10,000,000.00       1000.00000000         0.00000000          0.00000000        0.00000000
1A7                    11,366,000.00       1000.00000000         0.00000000          0.00000000        0.00000000
1A8                   125,039,000.00       1000.00000000         2.04756020          5.18276498        0.00000000
1A9                    92,473,000.00       1000.00000000         0.00000000          0.00000000        0.00000000
1A10                   67,103,000.00       1000.00000000         1.04579065          2.64709566        0.00000000
1A11                   44,054,000.00       1000.00000000         0.00000000          0.00000000       -5.62500000
1A12                   93,900,000.00       1000.00000000         0.00000000          0.00000000        0.00000000
AR                            100.00       1000.00000000       283.20000000        716.80000000        0.00000000
1AWIO                           0.00          0.00000000         0.00000000          0.00000000        0.00000000
2A1                   119,724,000.00       1000.00000000         5.16266463          4.24431626        0.00000000
2A2                    30,000,000.00       1000.00000000         2.54554133          2.09273367        0.00000000
2AWIO                           0.00          0.00000000         0.00000000          0.00000000        0.00000000
1B1                    11,743,000.00       1000.00000000         1.52626416          0.00000000        0.00000000
1B2                     6,107,000.00       1000.00000000         1.52626330          0.00000000        0.00000000
1B3                     3,758,000.00       1000.00000000         1.52626397          0.00000000        0.00000000
1B4                     2,819,000.00       1000.00000000         1.52626463          0.00000000        0.00000000
1B5                     1,879,000.00       1000.00000000         1.52626397          0.00000000        0.00000000
2B1                       761,000.00       1000.00000000         4.63827858          0.00000000        0.00000000
2B2                       533,000.00       1000.00000000         4.63827392          0.00000000        0.00000000
2B3                       381,000.00       1000.00000000         4.63826772          0.00000000        0.00000000
2B4                       229,000.00       1000.00000000         4.63825328          0.00000000        0.00000000
2B5                        77,000.00       1000.00000000         4.63831169          0.00000000        0.00000000
<FN>
All Classes are per $1,000 denomination.
</FN>
</TABLE>
<TABLE>
<CAPTION>

                                      Principal Distribution Factors Statement (continued)

                                              Total                Ending              Ending             Total
                        Realized          Principal           Certificate         Certificate         Principal
Class                   Loss (3)          Reduction               Balance          Percentage      Distribution

<S>            <C>                 <C>                 <C>                    <C>                 <C>
1A1                     0.00000000         13.91708043            986.08291957          0.98608292        13.91708043
1A2                     0.00000000          9.14567580            990.85432420          0.99085432         9.14567580
1A3                     0.00000000          8.52425753            991.47574247          0.99147574         8.52425753
1A4                     0.00000000          8.01326049            991.98673951          0.99198674         8.01326049
1A5                     0.00000000          7.77214553            992.22785447          0.99222785         7.77214553
1A6                     0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
1A7                     0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
1A8                     0.00000000          7.23032510            992.76967490          0.99276967         7.23032510
1A9                     0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
1A10                    0.00000000          3.69288631            996.30711369          0.99630711         3.69288631
1A11                    0.00000000         -5.62500000          1,005.62500000          1.00562500        -5.62500000
1A12                    0.00000000          0.00000000          1,000.00000000          1.00000000         0.00000000
AR                      0.00000000       1000.00000000              0.00000000          0.00000000      1000.00000000
1AWIO                   0.00000000          0.00000000              0.00000000          0.00000000         0.00000000
2A1                     0.00000000          9.40698081            990.59301919          0.99059302         9.40698081
2A2                     0.00000000          4.63827533            995.36172467          0.99536172         4.63827533
2AWIO                   0.00000000          0.00000000              0.00000000          0.00000000         0.00000000
1B1                     0.00000000          1.52626416            998.47373584          0.99847374         1.52626416
1B2                     0.00000000          1.52626330            998.47373670          0.99847374         1.52626330
1B3                     0.00000000          1.52626397            998.47373603          0.99847374         1.52626397
1B4                     0.00000000          1.52626463            998.47373537          0.99847374         1.52626463
1B5                     0.00000000          1.52626397            998.47373603          0.99847374         1.52626397
2B1                     0.00000000          4.63827858            995.36172142          0.99536172         4.63827858
2B2                     0.00000000          4.63827392            995.36172608          0.99536173         4.63827392
2B3                     0.00000000          4.63826772            995.36173228          0.99536173         4.63826772
2B4                     0.00000000          4.63825328            995.36174672          0.99536175         4.63825328
2B5                     0.00000000          4.63831169            995.36168831          0.99536169         4.63831169
<FN>
(3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses
    Unless Otherwise Disclosed.
    Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>

                                                 Interest Distribution Statement

                                                      Beginning                            Payment of
                      Original        Current      Certificate/                 Current        Unpaid         Current
                          Face    Certificate          Notional                 Accrued     Interest         Interest
Class                   Amount           Rate           Balance                 Interest     Shortfall       Shortfall
<S>           <C>               <C>             <C>                 <C>                <C>             <C>
1A1                28,011,000.00        6.75000%      28,011,000.00          157,561.88           0.00             0.00
1A2                50,000,000.00        6.75000%      50,000,000.00          281,250.00           0.00             0.00
1A3               138,167,000.00        6.75000%     138,167,000.00          777,189.38           0.00             0.00
1A4               125,840,000.00        6.75000%     125,840,000.00          707,850.00           0.00             0.00
1A5               125,270,000.00        6.75000%     125,270,000.00          704,643.75           0.00             0.00
1A6                10,000,000.00        6.75000%      10,000,000.00           56,250.00           0.00             0.00
1A7                11,366,000.00        6.75000%      11,366,000.00           63,933.75           0.00             0.00
1A8               125,039,000.00        6.75000%     125,039,000.00          703,344.38           0.00             0.00
1A9                92,473,000.00        6.75000%      92,473,000.00          520,160.63           0.00             0.00
1A10               67,103,000.00        6.75000%      67,103,000.00          377,454.38           0.00             0.00
1A11               44,054,000.00        6.75000%      44,054,000.00          247,803.75           0.00             0.00
1A12               93,900,000.00        6.75000%      93,900,000.00          528,187.50           0.00             0.00
AR                        100.00        6.75000%             100.00                0.56           0.00             0.00
1AWIO                       0.00        0.20879%     939,408,022.00          163,445.40           0.00             0.00
2A1               119,724,000.00        6.75000%     119,724,000.00          673,447.50           0.00             0.00
2A2                30,000,000.00        6.75000%      30,000,000.00          168,750.00           0.00             0.00
2AWIO                       0.00        0.12342%     152,009,962.38           15,633.84           0.00             0.00
1B1                11,743,000.00        6.75000%      11,743,000.00           66,054.38           0.00             0.00
1B2                 6,107,000.00        6.75000%       6,107,000.00           34,351.88           0.00             0.00
1B3                 3,758,000.00        6.75000%       3,758,000.00           21,138.75           0.00             0.00
1B4                 2,819,000.00        6.75000%       2,819,000.00           15,856.88           0.00             0.00
1B5                 1,879,000.00        6.75000%       1,879,000.00           10,569.38           0.00             0.00
2B1                   761,000.00        6.75000%         761,000.00            4,280.63           0.00             0.00
2B2                   533,000.00        6.75000%         533,000.00            2,998.13           0.00             0.00
2B3                   381,000.00        6.75000%         381,000.00            2,143.13           0.00             0.00
2B4                   229,000.00        6.75000%         229,000.00            1,288.13           0.00             0.00
2B5                    77,000.00        6.75000%          77,000.00              433.13           0.00             0.00
Totals           1,089,234,100.0                                           6,306,021.12           0.00             0.00

</TABLE>
 <TABLE>
 <CAPTION>

                                            Interest Distribution Statement (continued)

                                                                                   Remaining            Ending
                     Non-Supported                                  Total             Unpaid      Certificate/
                          Interest            Realized           Interest          Interest           Notional
 Class                   Shortfall          Losses (4)       Distribution          Shortfall           Balance
 <S>            <C>                  <C>                 <C>                 <C>                 <C>
 1A1                            0.00                0.00           157,561.87                0.00      27,621,168.66
 1A2                            0.00                0.00           281,250.00                0.00      49,542,716.21
 1A3                            0.00                0.00           777,189.37                0.00     136,989,228.91
 1A4                            0.00                0.00           707,850.00                0.00     124,831,611.30
 1A5                            0.00                0.00           704,643.75                0.00     124,296,383.33
 1A6                            0.00                0.00            56,250.00                0.00      10,000,000.00
 1A7                            0.00                0.00            63,933.75                0.00      11,366,000.00
 1A8                            0.00                0.00           703,344.37                0.00     124,134,927.38
 1A9                            0.00                0.00           520,160.62                0.00      92,473,000.00
 1A10                           0.00                0.00           377,454.37                0.00      66,855,196.25
 1A11                           0.00                0.00           247,803.75                0.00      44,301,803.75
 1A12                           0.00                0.00           528,187.50                0.00      93,900,000.00
 AR                             0.00                0.00                 0.56                0.00               0.00
 1AWIO                          0.00                0.00           163,445.40                0.00     934,453,940.15
 2A1                            0.00                0.00           673,447.50                0.00     118,597,758.63
 2A2                            0.00                0.00           168,750.00                0.00      29,860,851.74
 2AWIO                          0.00                0.00            15,633.84                0.00     150,733,969.83
 1B1                            0.00                0.00            66,054.38                0.00      11,725,077.08
 1B2                            0.00                0.00            34,351.88                0.00       6,097,679.11
 1B3                            0.00                0.00            21,138.75                0.00       3,752,264.30
 1B4                            0.00                0.00            15,856.88                0.00       2,814,697.46
 1B5                            0.00                0.00            10,569.38                0.00       1,876,132.15
 2B1                            0.00                0.00             4,280.63                0.00         757,470.27
 2B2                            0.00                0.00             2,998.13                0.00         530,527.80
 2B3                            0.00                0.00             2,143.13                0.00         379,232.82
 2B4                            0.00                0.00             1,288.13                0.00         227,937.84
 2B5                            0.00                0.00               433.13                0.00          76,642.85
 Totals                         0.00                0.00         6,306,021.07                0.00
 <FN>
 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed.
     Please Refer to the Prospectus Supplement for a Full Description.
 </FN>
 </TABLE>
<TABLE>
<CAPTION>

                                            Interest Distribution Factors Statement

                                                          Beginning                        Payment of
                        Original        Current        Certificate/          Current           Unpaid              Current
                            Face    Certificate            Notional          Accrued        Interest               Interest
Class (5)                 Amount           Rate             Balance         Interest        Shortfall              Shortfall
<S>           <C>                 <C>             <C>                  <C>               <C>               <C>
1A1                  28,011,000.00        6.75000%        1000.00000000        5.62500018        0.00000000        0.00000000
1A2                  50,000,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
1A3                 138,167,000.00        6.75000%        1000.00000000        5.62500004        0.00000000        0.00000000
1A4                 125,840,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
1A5                 125,270,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
1A6                  10,000,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
1A7                  11,366,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
1A8                 125,039,000.00        6.75000%        1000.00000000        5.62500004        0.00000000        0.00000000
1A9                  92,473,000.00        6.75000%        1000.00000000        5.62500005        0.00000000        0.00000000
1A10                 67,103,000.00        6.75000%        1000.00000000        5.62500007        0.00000000        0.00000000
1A11                 44,054,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
1A12                 93,900,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
AR                          100.00        6.75000%        1000.00000000        5.60000000        0.00000000        0.00000000
1AWIO                         0.00        0.20879%        1232.71236645        0.21447674        0.00000000        0.00000000
2A1                 119,724,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
2A2                  30,000,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
2AWIO                         0.00        0.12342%        1774.35171420        0.18248758        0.00000000        0.00000000
1B1                  11,743,000.00        6.75000%        1000.00000000        5.62500043        0.00000000        0.00000000
1B2                   6,107,000.00        6.75000%        1000.00000000        5.62500082        0.00000000        0.00000000
1B3                   3,758,000.00        6.75000%        1000.00000000        5.62500000        0.00000000        0.00000000
1B4                   2,819,000.00        6.75000%        1000.00000000        5.62500177        0.00000000        0.00000000
1B5                   1,879,000.00        6.75000%        1000.00000000        5.62500266        0.00000000        0.00000000
2B1                     761,000.00        6.75000%        1000.00000000        5.62500657        0.00000000        0.00000000
2B2                     533,000.00        6.75000%        1000.00000000        5.62500938        0.00000000        0.00000000
2B3                     381,000.00        6.75000%        1000.00000000        5.62501312        0.00000000        0.00000000
2B4                     229,000.00        6.75000%        1000.00000000        5.62502183        0.00000000        0.00000000
2B5                      77,000.00        6.75000%        1000.00000000        5.62506494        0.00000000        0.00000000
<FN>
All Classes are per $1,000 denomination.

</FN>

</TABLE>
<TABLE>
<CAPTION>
                                       Interest Distribution Factors Statement (continued)

                                                                            Remaining              Ending
                  Non-Supported                               Total            Unpaid        Certificate/
                       Interest         Realized           Interest          Interest            Notional
Class                 Shortfall       Losses (6)       Distribution         Shortfall             Balance
<S>           <C>               <C>               <C>                 <C>                 <C>
1A1                   0.00000000        0.00000000         5.62499982          0.00000000          986.08291957
1A2                   0.00000000        0.00000000         5.62500000          0.00000000          990.85432420
1A3                   0.00000000        0.00000000         5.62499996          0.00000000          991.47574247
1A4                   0.00000000        0.00000000         5.62500000          0.00000000          991.98673951
1A5                   0.00000000        0.00000000         5.62500000          0.00000000          992.22785447
1A6                   0.00000000        0.00000000         5.62500000          0.00000000         1000.00000000
1A7                   0.00000000        0.00000000         5.62500000          0.00000000         1000.00000000
1A8                   0.00000000        0.00000000         5.62499996          0.00000000          992.76967490
1A9                   0.00000000        0.00000000         5.62499995          0.00000000         1000.00000000
1A10                  0.00000000        0.00000000         5.62499993          0.00000000          996.30711369
1A11                  0.00000000        0.00000000         5.62500000          0.00000000         1005.62500000
1A12                  0.00000000        0.00000000         5.62500000          0.00000000         1000.00000000
AR                    0.00000000        0.00000000         5.60000000          0.00000000            0.00000000
1AWIO                 0.00000000        0.00000000         0.21447674          0.00000000         1226.21150866
2A1                   0.00000000        0.00000000         5.62500000          0.00000000          990.59301919
2A2                   0.00000000        0.00000000         5.62500000          0.00000000          995.36172467
2AWIO                 0.00000000        0.00000000         0.18248758          0.00000000         1759.45756165
1B1                   0.00000000        0.00000000         5.62500043          0.00000000          998.47373584
1B2                   0.00000000        0.00000000         5.62500082          0.00000000          998.47373670
1B3                   0.00000000        0.00000000         5.62500000          0.00000000          998.47373603
1B4                   0.00000000        0.00000000         5.62500177          0.00000000          998.47373537
1B5                   0.00000000        0.00000000         5.62500266          0.00000000          998.47373603
2B1                   0.00000000        0.00000000         5.62500657          0.00000000          995.36172142
2B2                   0.00000000        0.00000000         5.62500938          0.00000000          995.36172608
2B3                   0.00000000        0.00000000         5.62501312          0.00000000          995.36173228
2B4                   0.00000000        0.00000000         5.62502183          0.00000000          995.36174672
2B5                   0.00000000        0.00000000         5.62506494          0.00000000          995.36168831
<FN>
(6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless
    Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
</FN>
</TABLE>
<TABLE>
<CAPTION>

                                             Certificateholder Component Statement
                      Component       Beginning            Ending       Beginning            Ending          Ending
                  Pass-Through        Notional          Notional       Component         Component       Component
                          Rate         Balance           Balance         Balance           Balance      Percentage
Class
<S>             <C>             <C>               <C>               <C>               <C>               <C>
       B6               6.75000%          0.00               0.00     2,183,884.08       2,179,601.85     99.80391679%
</TABLE>
<TABLE>
<CAPTION>
                                             CERTIFICATEHOLDER ACCOUNT STATEMENT
                                                      CERTIFICATE ACCOUNT

<S>                                                                                   <C>
Beginning Balance                                                                                        0.00
Deposits
    Payments of Interest and Principal                                                          12,775,758.54
    Liquidations, Insurance Proceeds, Reserve Funds                                                      0.00
    Proceeds from Repurchased Loans                                                                      0.00
    Other Amounts (Servicer Advances)                                                                    0.00
    Realized Losses                                                                                      0.00
Total Deposits                                                                                  12,775,758.54

Withdrawals
    Reimbursement for Servicer Advances                                                                  0.00
    Payment of Service Fee                                                                         227,378.73
    Payment of Interest and Principal                                                           12,548,379.81
Total Withdrawals (Pool Distribution Amount)                                                    12,775,758.54

Ending Balance                                                                                           0.00

</TABLE>
<TABLE>
<CAPTION>

                                            PREPAYMENT/CURTAILMENT INTEREST SHORTFALL


<S>                                                                                   <C>
Total Prepayment/Curtailment Interest Shortfall                                                          0.00
Servicing Fee Support                                                                                    0.00

Non-Supported Prepayment/Curtailment Interest Shortfall                                                  0.00
</TABLE>
<TABLE>
<CAPTION>

                                                         SERVICING FEES


<S>                                                                                   <C>
Gross Servicing Fee                                                                                227,378.73
Supported Prepayment/Curtailment Interest Shortfall                                                      0.00
Net Servicing Fee                                                                                  227,378.73

</TABLE>

<TABLE>
<CAPTION>                           CERTIFICATEHOLDER DELINQUENCY/CREDIT ENHANCEMENT STATEMENT
                                                       DELINQUENCY STATUS

                                                                            Percentage Delinquent
                                                                                  Based On
                                   Current           Unpaid
                                    Number        Principal                 Number            Unpaid
                                  Of Loans          Balance               Of Loans           Balance
<S>                        <C>                 <C>                   <C>                <C>
30 Days                                  24      8,209,588.82               0.734619%          0.756513%
60 Days                                   0              0.00               0.000000%          0.000000%
90+ Days                                  0              0.00               0.000000%          0.000000%
Foreclosure                               0              0.00               0.000000%          0.000000%
REO                                       0              0.00               0.000000%          0.000000%
Totals                                   24      8,209,588.82               0.734619%          0.756513%
</TABLE>
<TABLE>
<CAPTION>

                                                       OTHER INFORMATION
<S>                                                                             <C>
Current Period Realized Loss - Includes Interest Shortfall                                           0.00
Cumulative Realized Losses - Includes Interest Shortfall                                             0.00
Principal Balance of Contaminated Properties                                                         0.00
Current Period Class A Insufficient Funds                                                            0.00
Periodic Advance                                                                                     0.00
</TABLE>



 <TABLE>
 <CAPTION>
                               COLLATERAL STATEMENT
 <S>                                                                       <C>
 Collateral Description                                         Mixed Fixed & Arm

 Weighted Average Gross Coupon                                         7.196895%
 Weighted Average Net Coupon                                           6.946895%
 Weighted Average Pass-Through Rate                                    6.946895%
 Weighted Average Maturity(Stepdown Calculation )                            340
 Beginning Scheduled Collateral Loan Count                                 3,280

 Number Of Loans Paid In Full                                                 13
 Ending Scheduled Collateral Loan Count                                    3,267
 Beginning Scheduled Collateral Balance                         1,091,417,984.08
 Ending Scheduled Collateral Balance                            1,085,187,909.98
 Ending Actual Collateral Balance at 30-Apr-2000                1,085,187,909.98
 Monthly P &I Constant                                              8,684,533.05
 Ending Scheduled Balance for Premium Loans                     1,085,187,909.98
 Scheduled Principal                                                2,138,848.92
 Unscheduled Principal                                              4,091,225.48
 </TABLE>
<TABLE>
<CAPTION>
           <S>                                        <C>
Class 1A-12 Priority Percentage                                   .10304831%
Class 2A-2 Priority Percentage                                    .19735549%
Senior Prepayment Percentage                                            100%
Subordinate Prepayment Percentage                                      0.00%
Subordinate % for Group 1                                          3.000285%
Subordinate % for Group 2                                          1.503824%
Senior Percentage for Group 1                                        96.997%
Senior Percentage for Group 2                                       98.4961%
Bankruptcy Loss Limit                                            $288,526.09
Fraud Loss Limit                                              $10,914,179.84
Special Hazard Loss Limit                                     $10,851,879.10
</TABLE>
 <TABLE>
 <CAPTION>
                                      Group Level Collateral Statement
 <S>                                                                <C>
 Group ID                                                                     1                         2                   Total
 Collateral Description                                    Fixed 30 Year Ratio       Fixed 30 Year Ratio
 Weighted Average Coupon Rate                                          7.208785                  7.123417
 Weighted Average Net Rate                                             6.958785                  6.873417
 Weighted Average Maturity                                               340.00                    158.00
 Beginning Loan Count                                                     2,803                       477                   3,280
 Loans Paid In Full                                                          11                         2                      13
 Ending Loan Count                                                        2,792                       475                   3,267
 Beginning Scheduled Balance                                     939,408,022.00            152,009,962.38        1,091,417,984.38
 Ending scheduled Balance                                        934,453,940.15            150,733,969.83        1,085,187,909.98
 Record Date                                                            4/30/00                   4/30/00
 Principal And Interest Constant                                   7,077,110.42              1,607,422.63            8,684,533.05
 Scheduled Principal                                               1,433,784.90                705,064.02            2,138,848.92
 Unscheduled Principal                                             3,520,296.95                570,928.53            4,091,225.48
 Scheduled Interest                                                5,643,325.52                902,358.61            6,545,684.13


 Servicing Fees                                                      195,710.00                 31,668.73              227,378.73
 Master Servicing Fees                                                     0.00                      0.00                    0.00
 Trustee Fee                                                               0.00                      0.00                    0.00
 FRY Amount                                                                0.00                      0.00                    0.00
 Special Hazard Fee                                                        0.00                      0.00                    0.00
 Other Fee                                                                 0.00                      0.00                    0.00
 Pool Insurance Fee                                                        0.00                      0.00                    0.00
 Spread Fee 1                                                              0.00                      0.00                    0.00
 Spread Fee 2                                                              0.00                      0.00                    0.00
 Spread Fee 3                                                              0.00                      0.00                    0.00
 Net Interest                                                      5,447,615.52                870,689.88            6,318,305.40
 Realized Loss Amount                                                      0.00                      0.00                    0.00
 Cumulative Realized Loss                                                  0.00                      0.00                    0.00
 Percentage of Cumulative Losses                                           0.00                      0.00                    0.00




 </TABLE>

    <TABLE>
    <CAPTION>                                           Delinquency Status By Groups

       <S>                          <C>             <C>             <C>             <C>             <C>            <C>
 Group                             30 Days        60 Days         90 + Days     Foreclosure         REO         Bankruptcy
  1     Principal Balance      6,262,744.69            0.00             0.00           0.00            0.00           0.00
        Percentage Of Balance        0.670%          0.000%           0.000%         0.000%          0.000%         0.000%
        Loan Count                       18               0                0              0               0              0
        Percentage Of Loans          0.645%          0.000%           0.000%         0.000%          0.000%         0.000%

  2     Principal Balance      1,946,844.13            0.00             0.00           0.00            0.00           0.00
        Percentage Of Balance        1.292%          0.000%           0.000%         0.000%          0.000%         0.000%
        Loan Count                        6               0                0              0               0              0
        Percentage Of Loans          1.263%          0.000%           0.000%         0.000%          0.000%         0.000%

 Totals:Principal Balance      8,209,588.82            0.00             0.00           0.00            0.00           0.00
        Percentage of Balance        0.757%          0.000%           0.000%         0.000%          0.000%         0.000%
        Loan Count                       24               0                0              0               0              0
        Percentage Of Loans          0.735%          0.000%           0.000%         0.000%          0.000%         0.000%

 </TABLE>


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