<TABLE>
<CAPTION>
Bank of America Funding Corporation
Mortgage Pass-Through Certificates
Record Date: 05/30/2000
Distribution Date: 06/20/2000
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% 27,621,168.66 155,369.07 353,389.40
1A2 05946XAB9 SEN 6.75000% 49,542,716.21 278,677.78 414,536.31
1A3 05946XAC7 SEN 6.75000% 136,989,228.91 770,564.41 1,067,671.50
1A4 05946XAD5 SEN 6.75000% 124,831,611.30 702,177.81 914,123.20
1A5 05946XAE3 SEN 6.75000% 124,296,383.33 699,167.16 882,601.71
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% 124,134,927.38 698,258.97 819,558.73
1A9 05946XAJ2 SEN 6.75000% 92,473,000.00 520,160.62 0.00
1A10 05946XAK9 SEN 6.75000% 66,855,196.25 376,060.48 249,197.65
1A11 05946XAL7 SEN 6.75000% 44,301,803.75 249,197.65 -249,197.65
1A12 05946XAM5 SEN 6.75000% 93,900,000.00 528,187.50 0.00
AR 05946XBD4 SEN 6.75000% 0.00 0.00 0.00
1AWIO 05946XAN3 SEN 0.25731% 0.00 162,467.84 0.00
2A1 05946XAU7 SEN 6.75000% 118,597,758.63 667,112.39 1,445,722.87
2A2 05946XAV5 SEN 6.75000% 29,860,851.74 167,967.29 154,661.63
2AWIO 05946XAW3 SEN 0.21847% 0.00 15,420.63 0.00
1B1 05946XAP8 JUN 6.75000% 11,725,077.08 65,953.56 14,395.92
1B2 05946XAQ6 JUN 6.75000% 6,097,679.11 34,299.44 7,486.66
1B3 05946XAR4 JUN 6.75000% 3,752,264.30 21,106.49 4,606.99
1B4 05946XAS2 JUN 6.75000% 2,814,697.46 15,832.67 3,455.85
1B5 05946XAT0 JUN 6.75000% 1,876,132.15 10,553.24 2,303.49
2B1 05946XAX1 JUN 6.75000% 757,470.27 4,260.77 3,923.25
2B2 05946XAY9 JUN 6.75000% 530,527.80 2,984.22 2,747.82
2B3 05946XAZ6 JUN 6.75000% 379,232.82 2,133.18 1,964.20
2B4 05946XBA0 JUN 6.75000% 227,937.84 1,282.15 1,180.58
2B5 05946XBB8 JUN 6.75000% 76,642.85 431.12 396.96
B6 05946XBC6 JUN 6.75000% 2,179,601.85 12,260.26 3,875.46
Totals 1,085,187,909.69 6,282,070.45 6,098,602.53
</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 27,267,779.26 508,758.47 0.00
1A2 0.00 49,128,179.90 693,214.09 0.00
1A3 0.00 135,921,557.41 1,838,235.91 0.00
1A4 0.00 123,917,488.11 1,616,301.01 0.00
1A5 0.00 123,413,781.62 1,581,768.87 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 0.00 123,315,368.65 1,517,817.70 0.00
1A9 0.00 92,473,000.00 520,160.62 0.00
1A10 0.00 66,605,998.60 625,258.13 0.00
1A11 0.00 44,551,001.40 0.00 0.00
1A12 0.00 93,900,000.00 528,187.50 0.00
AR 0.00 0.00 0.00 0.00
1AWIO 0.00 0.00 162,467.84 0.00
2A1 0.00 117,152,035.75 2,112,835.26 0.00
2A2 0.00 29,706,190.11 322,628.92 0.00
2AWIO 0.00 0.00 15,420.63 0.00
1B1 0.00 11,710,681.16 80,349.48 0.00
1B2 0.00 6,090,192.44 41,786.10 0.00
1B3 0.00 3,747,657.31 25,713.48 0.00
1B4 0.00 2,811,241.61 19,288.52 0.00
1B5 0.00 1,873,828.66 12,856.73 0.00
2B1 0.00 753,547.02 8,184.02 0.00
2B2 0.00 527,779.98 5,732.04 0.00
2B3 0.00 377,268.61 4,097.38 0.00
2B4 0.00 226,757.25 2,462.73 0.00
2B5 0.00 76,245.89 828.08 0.00
B6 0.00 2,175,726.36 16,135.72 0.00
Totals 0.00 1,079,089,307.10 12,380,672.98 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 27,621,168.66 88,330.65 265,058.75 0.00 0.00
1A2 50,000,000.00 49,542,716.21 103,614.49 310,921.82 0.00 0.00
1A3 138,167,000.00 136,989,228.91 266,867.43 800,804.07 0.00 0.00
1A4 125,840,000.00 124,831,611.30 228,487.61 685,635.59 0.00 0.00
1A5 125,270,000.00 124,296,383.33 220,608.73 661,992.98 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 125,039,000.00 124,134,927.38 204,850.96 614,707.77 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 66,855,196.25 62,287.64 186,910.01 0.00 0.00
1A11 44,054,000.00 44,301,803.75 0.00 0.00 (249,197.65) 0.00
1A12 93,900,000.00 93,900,000.00 0.00 0.00 0.00 0.00
AR 100.00 0.00 0.00 0.00 0.00 0.00
1AWIO 0.00 0.00 0.00 0.00 0.00 0.00
2A1 119,724,000.00 118,597,758.63 694,618.73 751,104.14 0.00 0.00
2A2 30,000,000.00 29,860,851.74 74,309.45 80,352.19 0.00 0.00
2AWIO 0.00 0.00 0.00 0.00 0.00 0.00
1B1 11,743,000.00 11,725,077.08 14,395.92 0.00 0.00 0.00
1B2 6,107,000.00 6,097,679.11 7,486.66 0.00 0.00 0.00
1B3 3,758,000.00 3,752,264.30 4,606.99 0.00 0.00 0.00
1B4 2,819,000.00 2,814,697.46 3,455.85 0.00 0.00 0.00
1B5 1,879,000.00 1,876,132.15 2,303.49 0.00 0.00 0.00
2B1 761,000.00 757,470.27 3,923.25 0.00 0.00 0.00
2B2 533,000.00 530,527.80 2,747.82 0.00 0.00 0.00
2B3 381,000.00 379,232.82 1,964.20 0.00 0.00 0.00
2B4 229,000.00 227,937.84 1,180.58 0.00 0.00 0.00
2B5 77,000.00 76,642.85 396.96 0.00 0.00 0.00
B6 2,183,884.08 2,179,601.85 3,875.46 0.00 0.00 0.00
Totals 1,091,417,984.0 1,085,187,909.69 1,990,312.87 4,357,487.32 (249,197.65) 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 353,389.40 27,267,779.26 0.97346683 353,389.40
1A2 414,536.31 49,128,179.90 0.98256360 414,536.31
1A3 1,067,671.50 135,921,557.41 0.98374834 1,067,671.50
1A4 914,123.20 123,917,488.11 0.98472257 914,123.20
1A5 882,601.71 123,413,781.62 0.98518226 882,601.71
1A6 0.00 10,000,000.00 1.00000000 0.00
1A7 0.00 11,366,000.00 1.00000000 0.00
1A8 819,558.73 123,315,368.65 0.98621525 819,558.73
1A9 0.00 92,473,000.00 1.00000000 0.00
1A10 249,197.65 66,605,998.60 0.99259345 249,197.65
1A11 (249,197.65) 44,551,001.40 1.01128164 (249,197.65)
1A12 0.00 93,900,000.00 1.00000000 0.00
AR 0.00 0.00 0.00000000 0.00
1AWIO 0.00 0.00 0.00000000 0.00
2A1 1,445,722.87 117,152,035.75 0.97851755 1,445,722.87
2A2 154,661.63 29,706,190.11 0.99020634 154,661.63
2AWIO 0.00 0.00 0.00000000 0.00
1B1 14,395.92 11,710,681.16 0.99724782 14,395.92
1B2 7,486.66 6,090,192.44 0.99724782 7,486.66
1B3 4,606.99 3,747,657.31 0.99724782 4,606.99
1B4 3,455.85 2,811,241.61 0.99724782 3,455.85
1B5 2,303.49 1,873,828.66 0.99724782 2,303.49
2B1 3,923.25 753,547.02 0.99020633 3,923.25
2B2 2,747.82 527,779.98 0.99020634 2,747.82
2B3 1,964.20 377,268.61 0.99020633 1,964.20
2B4 1,180.58 226,757.25 0.99020633 1,180.58
2B5 396.96 76,245.89 0.99020636 396.96
B6 3,875.46 2,175,726.36 0.99626458 3,875.46
Totals 6,098,602.53 1,079,089,307.10 0.98870398 6,098,602.53
</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 28,011,000.00 986.08291957 3.15342723 9.46266645 0.00000000
1A2 50,000,000.00 990.85432420 2.07228980 6.21843640 0.00000000
1A3 138,167,000.00 991.47574247 1.93148458 5.79591415 0.00000000
1A4 125,840,000.00 991.98673951 1.81569938 5.44847099 0.00000000
1A5 125,270,000.00 992.22785447 1.76106594 5.28452926 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 125,039,000.00 992.76967490 1.63829653 4.91612833 0.00000000
1A9 92,473,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
1A10 67,103,000.00 996.30711369 0.92823927 2.78541958 0.00000000
1A11 44,054,000.00 1005.62500000 0.00000000 0.00000000 -5.65664071
1A12 93,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000
AR 100.00 0.00000000 0.00000000 0.00000000 0.00000000
1AWIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2A1 119,724,000.00 990.59301919 5.80183363 6.27363052 0.00000000
2A2 30,000,000.00 995.36172467 2.47698167 2.67840633 0.00000000
2AWIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
1B1 11,743,000.00 998.47373584 1.22591501 0.00000000 0.00000000
1B2 6,107,000.00 998.47373670 1.22591452 0.00000000 0.00000000
1B3 3,758,000.00 998.47373603 1.22591538 0.00000000 0.00000000
1B4 2,819,000.00 998.47373537 1.22591344 0.00000000 0.00000000
1B5 1,879,000.00 998.47373603 1.22591272 0.00000000 0.00000000
2B1 761,000.00 995.36172142 5.15538765 0.00000000 0.00000000
2B2 533,000.00 995.36172608 5.15538462 0.00000000 0.00000000
2B3 381,000.00 995.36173228 5.15538058 0.00000000 0.00000000
2B4 229,000.00 995.36174672 5.15537118 0.00000000 0.00000000
2B5 77,000.00 995.36168831 5.15532468 0.00000000 0.00000000
B6 2,183,884.08 998.03916790 1.77457221 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 12.61609368 973.46682589 0.97346683 12.61609368
1A2 0.00000000 8.29072620 982.56359800 0.98256360 8.29072620
1A3 0.00000000 7.72739873 983.74834374 0.98374834 7.72739873
1A4 0.00000000 7.26417038 984.72256921 0.98472257 7.26417038
1A5 0.00000000 7.04559519 985.18225928 0.98518226 7.04559519
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 6.55442486 986.21525004 0.98621525 6.55442486
1A9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
1A10 0.00000000 3.71365885 992.59345484 0.99259345 3.71365885
1A11 0.00000000 -5.65664071 1,011.28164071 1.01128164 -5.65664071
1A12 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000
AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1AWIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2A1 0.00000000 12.07546415 978.51755496 0.97851755 12.07546415
2A2 0.00000000 5.15538767 990.20633700 0.99020634 5.15538767
2AWIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1B1 0.00000000 1.22591501 997.24782083 0.99724782 1.22591501
1B2 0.00000000 1.22591452 997.24782053 0.99724782 1.22591452
1B3 0.00000000 1.22591538 997.24782065 0.99724782 1.22591538
1B4 0.00000000 1.22591344 997.24782192 0.99724782 1.22591344
1B5 0.00000000 1.22591272 997.24782331 0.99724782 1.22591272
2B1 0.00000000 5.15538765 990.20633377 0.99020633 5.15538765
2B2 0.00000000 5.15538462 990.20634146 0.99020634 5.15538462
2B3 0.00000000 5.15538058 990.20632546 0.99020633 5.15538058
2B4 0.00000000 5.15537118 990.20633188 0.99020633 5.15537118
2B5 0.00000000 5.15532468 990.20636364 0.99020636 5.15532468
B6 0.00000000 1.77457221 996.26458196 0.99626458 1.77457221
<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% 27,621,168.66 155,369.07 0.00 0.00
1A2 50,000,000.00 6.75000% 49,542,716.21 278,677.78 0.00 0.00
1A3 138,167,000.00 6.75000% 136,989,228.91 770,564.41 0.00 0.00
1A4 125,840,000.00 6.75000% 124,831,611.30 702,177.81 0.00 0.00
1A5 125,270,000.00 6.75000% 124,296,383.33 699,167.16 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% 124,134,927.38 698,258.97 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% 66,855,196.25 376,060.48 0.00 0.00
1A11 44,054,000.00 6.75000% 44,301,803.75 249,197.65 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% 0.00 0.00 0.00 0.00
1AWIO 0.00 0.25731% 757,697,241.14 162,467.84 0.00 0.00
2A1 119,724,000.00 6.75000% 118,597,758.63 667,112.39 0.00 0.00
2A2 30,000,000.00 6.75000% 29,860,851.74 167,967.29 0.00 0.00
2AWIO 0.00 0.21847% 84,701,711.73 15,420.63 0.00 0.00
1B1 11,743,000.00 6.75000% 11,725,077.08 65,953.56 0.00 0.00
1B2 6,107,000.00 6.75000% 6,097,679.11 34,299.44 0.00 0.00
1B3 3,758,000.00 6.75000% 3,752,264.30 21,106.49 0.00 0.00
1B4 2,819,000.00 6.75000% 2,814,697.46 15,832.67 0.00 0.00
1B5 1,879,000.00 6.75000% 1,876,132.15 10,553.24 0.00 0.00
2B1 761,000.00 6.75000% 757,470.27 4,260.77 0.00 0.00
2B2 533,000.00 6.75000% 530,527.80 2,984.22 0.00 0.00
2B3 381,000.00 6.75000% 379,232.82 2,133.18 0.00 0.00
2B4 229,000.00 6.75000% 227,937.84 1,282.15 0.00 0.00
2B5 77,000.00 6.75000% 76,642.85 431.12 0.00 0.00
B6 2,183,884.08 6.75000% 0.00 12,260.26 0.00 0.00
Totals 1,091,417,984.0 6,282,070.46 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 0.00 155,369.07 0.00 27,267,779.26
1A2 0.00 0.00 278,677.78 0.00 49,128,179.90
1A3 0.00 0.00 770,564.41 0.00 135,921,557.41
1A4 0.00 0.00 702,177.81 0.00 123,917,488.11
1A5 0.00 0.00 699,167.16 0.00 123,413,781.62
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 0.00 698,258.97 0.00 123,315,368.65
1A9 0.00 0.00 520,160.62 0.00 92,473,000.00
1A10 0.00 0.00 376,060.48 0.00 66,605,998.60
1A11 0.00 0.00 249,197.65 0.00 44,551,001.40
1A12 0.00 0.00 528,187.50 0.00 93,900,000.00
AR 0.00 0.00 0.00 0.00 0.00
1AWIO 0.00 0.00 162,467.84 0.00 753,416,853.91
2A1 0.00 0.00 667,112.39 0.00 117,152,035.75
2A2 0.00 0.00 167,967.29 0.00 29,706,190.11
2AWIO 0.00 0.00 15,420.63 0.00 83,751,061.41
1B1 0.00 0.00 65,953.56 0.00 11,710,681.16
1B2 0.00 0.00 34,299.44 0.00 6,090,192.44
1B3 0.00 0.00 21,106.49 0.00 3,747,657.31
1B4 0.00 0.00 15,832.67 0.00 2,811,241.61
1B5 0.00 0.00 10,553.24 0.00 1,873,828.66
2B1 0.00 0.00 4,260.77 0.00 753,547.02
2B2 0.00 0.00 2,984.22 0.00 527,779.98
2B3 0.00 0.00 2,133.18 0.00 377,268.61
2B4 0.00 0.00 1,282.15 0.00 226,757.25
2B5 0.00 0.00 431.12 0.00 76,245.89
B6 0.00 0.00 12,260.26 0.00 0.00
Totals 0.00 0.00 6,282,070.45 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% 986.08291957 5.54671629 0.00000000 0.00000000
1A2 50,000,000.00 6.75000% 990.85432420 5.57355560 0.00000000 0.00000000
1A3 138,167,000.00 6.75000% 991.47574247 5.57705103 0.00000000 0.00000000
1A4 125,840,000.00 6.75000% 991.98673951 5.57992538 0.00000000 0.00000000
1A5 125,270,000.00 6.75000% 992.22785447 5.58128171 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% 992.76967490 5.58432945 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% 996.30711369 5.60422753 0.00000000 0.00000000
1A11 44,054,000.00 6.75000% 1005.62500000 5.65664071 0.00000000 0.00000000
1A12 93,900,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000
AR 100.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000
1AWIO 0.00 0.25731% 994.26738681 0.21319396 0.00000000 0.00000000
2A1 119,724,000.00 6.75000% 990.59301919 5.57208571 0.00000000 0.00000000
2A2 30,000,000.00 6.75000% 995.36172467 5.59890967 0.00000000 0.00000000
2AWIO 0.00 0.21847% 988.68932701 0.17999887 0.00000000 0.00000000
1B1 11,743,000.00 6.75000% 998.47373584 5.61641489 0.00000000 0.00000000
1B2 6,107,000.00 6.75000% 998.47373670 5.61641395 0.00000000 0.00000000
1B3 3,758,000.00 6.75000% 998.47373603 5.61641565 0.00000000 0.00000000
1B4 2,819,000.00 6.75000% 998.47373537 5.61641362 0.00000000 0.00000000
1B5 1,879,000.00 6.75000% 998.47373603 5.61641299 0.00000000 0.00000000
2B1 761,000.00 6.75000% 995.36172142 5.59890933 0.00000000 0.00000000
2B2 533,000.00 6.75000% 995.36172608 5.59891182 0.00000000 0.00000000
2B3 381,000.00 6.75000% 995.36173228 5.59889764 0.00000000 0.00000000
2B4 229,000.00 6.75000% 995.36174672 5.59890830 0.00000000 0.00000000
2B5 77,000.00 6.75000% 995.36168831 5.59896104 0.00000000 0.00000000
B6 2,183,884.08 6.75000% 0.00000000 5.61397013 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 5.54671629 0.00000000 973.46682589
1A2 0.00000000 0.00000000 5.57355560 0.00000000 982.56359800
1A3 0.00000000 0.00000000 5.57705103 0.00000000 983.74834374
1A4 0.00000000 0.00000000 5.57992538 0.00000000 984.72256921
1A5 0.00000000 0.00000000 5.58128171 0.00000000 985.18225928
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 5.58432945 0.00000000 986.21525004
1A9 0.00000000 0.00000000 5.62499995 0.00000000 1000.00000000
1A10 0.00000000 0.00000000 5.60422753 0.00000000 992.59345484
1A11 0.00000000 0.00000000 5.65664071 0.00000000 1011.28164071
1A12 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000
AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1AWIO 0.00000000 0.00000000 0.21319396 0.00000000 988.65056627
2A1 0.00000000 0.00000000 5.57208571 0.00000000 978.51755496
2A2 0.00000000 0.00000000 5.59890967 0.00000000 990.20633700
2AWIO 0.00000000 0.00000000 0.17999887 0.00000000 977.59276466
1B1 0.00000000 0.00000000 5.61641489 0.00000000 997.24782083
1B2 0.00000000 0.00000000 5.61641395 0.00000000 997.24782053
1B3 0.00000000 0.00000000 5.61641565 0.00000000 997.24782065
1B4 0.00000000 0.00000000 5.61641362 0.00000000 997.24782192
1B5 0.00000000 0.00000000 5.61641299 0.00000000 997.24782331
2B1 0.00000000 0.00000000 5.59890933 0.00000000 990.20633377
2B2 0.00000000 0.00000000 5.59891182 0.00000000 990.20634146
2B3 0.00000000 0.00000000 5.59889764 0.00000000 990.20632546
2B4 0.00000000 0.00000000 5.59890830 0.00000000 990.20633188
2B5 0.00000000 0.00000000 5.59896104 0.00000000 990.20636364
B6 0.00000000 0.00000000 5.61397013 0.00000000 0.00000000
<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 ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<S> <C>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 12,606,753.79
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 12,606,753.79
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 226,080.81
Payment of Interest and Principal 12,380,672.98
Total Withdrawals (Pool Distribution Amount) 12,606,753.79
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 226,080.81
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 226,080.81
</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 12 4,065,699.65 0.368664% 0.376771%
60 Days 2 731,672.39 0.061444% 0.067805%
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 14 4,797,372.04 0.430108% 0.444576%
</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 Losses 0.00
Periodic Advance 0.00
</TABLE>
<TABLE>
<CAPTION>
COLLATERAL STATEMENT
<S> <C>
Collateral Description Mixed Fixed & Arm
Weighted Average Gross Coupon 7.196709%
Weighted Average Net Coupon 6.946709%
Weighted Average Pass-Through Rate 6.946709%
Weighted Average Maturity(Stepdown Calculation ) 339
Beginning Scheduled Collateral Loan Count 3,267
Number Of Loans Paid In Full 12
Ending Scheduled Collateral Loan Count 3,255
Beginning Scheduled Collateral Balance 1,085,187,909.98
Ending Scheduled Collateral Balance 1,079,089,307.29
Ending Actual Collateral Balance at 30-May-2000 1,079,089,307.29
Monthly P &I Constant 8,436,176.51
Ending Scheduled Balance for Premium Loans 1,079,089,307.29
Scheduled Principal 1,928,025.38
Unscheduled Principal 4,170,577.31
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
Class 1A-12 Priority Percentage .10360671%
Class 2A-2 Priority Percentage .19810301%
Senior Prepayment Percentage 100%
Subordinate Prepayment Percentage 0.00%
Subordinate % for Group 1 3.011588%
Subordinate % for Group 2 1.50952%
Senior Percentage for Group 1 96.988412%
Senior Percentage for Group 2 98.49048%
Bankruptcy Loss Limit $288,526.09
Fraud Loss Limit $10,914,179.84
Special Hazard Loss Limit $10,790,893.07
</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 7.208637 7.122764
Weighted Average Net Rate 6.958637 6.872764
Weighted Average Maturity 339.00 157.00
Beginning Loan Count 2,792 475 3,267
Loans Paid In Full 10 2 12
Ending Loan Count 2,782 473 3,255
Beginning Scheduled Balance 934,453,940.15 150,733,969.83 1,085,187,909.98
Ending scheduled Balance 929,967,506.99 149,121,800.30 1,079,089,307.29
Record Date 05/30/2000 05/30/2000
Principal And Interest Constant 6,760,761.22 1,675,415.29 8,436,176.51
Scheduled Principal 1,147,312.18 780,713.20 1,928,025.38
Unscheduled Principal 3,339,120.98 831,456.33 4,170,577.31
Scheduled Interest 5,613,449.04 894,702.09 6,508,151.13
Servicing Fees 194,677.90 31,402.91 226,080.81
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 5,418,771.14 863,299.18 6,282,070.32
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 3,045,231.21 731,672.39 0.00 0.00 0.00 0.00
Percentage Of Balance 0.327% 0.079% 0.000% 0.000% 0.000% 0.000%
Loan Count 9 2 0 0 0 0
Percentage Of Loans 0.324% 0.072% 0.000% 0.000% 0.000% 0.000%
2 Principal Balance 1,020,468.44 0.00 0.00 0.00 0.00 0.00
Percentage Of Balance 0.684% 0.000% 0.000% 0.000% 0.000% 0.000%
Loan Count 3 0 0 0 0 0
Percentage Of Loans 0.634% 0.000% 0.000% 0.000% 0.000% 0.000%
Totals:Principal Balance 4,065,699.65 731,672.39 0.00 0.00 0.00 0.00
Percentage of Balance 0.377% 0.068% 0.000% 0.000% 0.000% 0.000%
Loan Count 12 2 0 0 0 0
Percentage Of Loans 0.369% 0.061% 0.000% 0.000% 0.000% 0.000%
</TABLE>