ABN AMRO MORTGAGE CORP
8-K, 1999-07-27
ASSET-BACKED SECURITIES
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report: July 26, 1999
 (Date of earliest event reported)

ABN AMRO Mortgage Corporation
 (Sponsor)
(Issuer in Respect of Commercial Mortgage Pass-Through
Certificates Series 1998-1)
(Exact name of registrant as specified in charter)

Delaware                  333-42127    363886007
(State or other juris-   (Commission (I.R.S. Employer
diction of organization)  File No.)  Identification No.)

181 West Madison Street Chicago, Illinois 60602
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code
(248) 643-2530

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c)     Exhibits

Exhibit    Description
99.1        Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing
Agreement for the distribution on
July 26, 1999.

Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report
to be signed on behalf of the Registrant by the undersigned
thereunto duly authorized.

LASALLE NATIONAL BANK, IN ITS CAPACITY AS TRUSTEEE
UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF
ABN AMRO Mortgage Corporation, REGISTRANT

			By: /s/ Russell Goldenberg
			    Russell Goldenberg,
			    Senior Vice President


Date: July 26, 1999

ABN AMRO
LaSalle Bank N.A.

Administrator:
  Roxane Ellwanger  (800) 246-5761
  135 S. LaSalle Street   Suite 1625
  Chicago, IL   60674-4107

ABN AMRO Mortgage Corporation
(LaSalle Home Mortgage Corporation, as Servicer)
Multi-Class Mortgage Pass-Through Certificates
Series 1998-1



Payment Date:            07/26/99
Prior Payment:           06/25/99
Record Date:             06/30/99

WAC:                    7.324790%
WAMM:


                                      Number Of Pages

Table Of Contents                                  1

REMIC Certificate Report                           3

Other Related Information                          2

Asset Backed Facts Sheets                          3

Delinquency Loan Detail


Total Pages Included  In This Package              9


LaSalle Web Site                       www.lnbabs.com

LaSalle Bulletin Board                 (714) 282-3990
ASAP #:                                           330
Monthly Data File Name:                0330MMYY.EXE

ABN AMRO Acct: 67-7920-20-9
               Original             Opening        Principal
Class          Face Value (1)       Balance        Payment
CUSIP          Per $1,000           Per $1,000     Per $1,000

IA-1               78,344,523.04     74,153,061.52              282,
00077BAN3          1000.000000000     946.499622981      3.604271352
IA-2                     23,789,603.      23,789,60             0.00
00077BAA1          1000.000000000    1000.000000000      0.000000000
IA-3                     63,730,000.        8,181,2          1,590,7
00077BAB9          1000.000000000     128.373190334     24.960546054
IA-4                     10,043,000.
00077BAC7          1000.000000000       0.000000000      0.000000000
IA-5                     37,632,681.      34,733,09 815152.380000000
00077BAD5          1000.000000000     922.950285152     21.660757574
IA-6                     14,254,582.      14,254,58      0.000000000
00077BAE3          1000.000000000    1000.000000000      0.000000000
IA-X                       7,010,057        4,284,2      0.000000000
00077BAW3          1000.000000000     611.153617181      0.000000000
IIA-1                    45,850,628.      35,166,58             725,
00077BAF0          1000.000000000     766.981626293     15.818106570
IIA-X                      1,828,335        1,094,8      0.000000000
00077BAG8          1000.000000000     598.824696371      0.000000000
IIA-P                        333,045          301,6
00077BAH6          1000.000000000     905.680443198      5.272228263
M                          5,416,841        5,317,1
00077BAJ2          1000.000000000     981.602421042      1.321312551
B-1                        2,280,777        2,238,8
00077BAK9          1000.000000000     981.602423209      1.321312868
B-2                        1,140,388        1,119,4
00077BAL7          1000.000000000     981.602419527      1.321313448
B-3                        1,140,387        1,119,4
00077BAP8          1000.000000000     981.602412164      1.321314606
B-4                          570,194          559,7
00077BAQ6          1000.000000000     981.602419527      1.321304679


               Principal            Negative       Closing
Class          Adj. or Loss         Amortization   Balance
CUSIP          Per $1,000           Per $1,000     Per $1,000

IA-1                        0.00        271,676.43    74,142,363.03
00077BAN3            0.000000000       3.467714391     946.363066020
IA-2                        0.00              0.00          23,789,6
00077BAA1            0.000000000       0.000000000    1000.000000000
IA-3                        0.00              0.00           6,590,4
00077BAB9            0.000000000       0.000000000     103.412644281
IA-4                        0.00              0.00
00077BAC7            0.000000000       0.000000000        0.00000000
IA-5                        0.00              0.00          33,917,9
00077BAD5            0.000000000       0.000000000     901.289527578
IA-6                        0.00              0.00          14,254,5
00077BAE3            0.000000000       0.000000000    1000.000000000
IA-X                        0.00              0.00           4,202,6
00077BAW3            0.000000000       0.000000000     599.522115203
IIA-1                       0.00              0.00          34,441,3
00077BAF0            0.000000000       0.000000000     751.163519723
IIA-X                       0.00              0.00           1,056,2
00077BAG8            0.000000000       0.000000000     577.724582463
IIA-P                       0.00              0.00              299,
00077BAH6            0.000000000       0.000000000     900.408214934
M                           0.00              0.00           5,310,0
00077BAJ2            0.000000000       0.000000000     980.281108491
B-1                         0.00              0.00           2,235,8
00077BAK9            0.000000000       0.000000000     980.281110341
B-2                         0.00              0.00           1,117,9
00077BAL7            0.000000000       0.000000000     980.281106080
B-3                         0.00              0.00           1,117,8
00077BAP8            0.000000000       0.000000000     980.281097557
B-4                         0.00              0.00              558,
00077BAQ6            0.000000000       0.000000000     980.281114849


               Interest             Interest       Pass-Through
Class          Payment              Adjustment     Rate (2)
CUSIP          Per $1,000           Per $1,000     Next Rate (3)

IA-1                  190,693.96       (271,676.43)      0.074824218
00077BAN3            2.434043282      (3.467714391)     0.074906786
IA-2                  128,860.35              0.00       0.065000000
00077BAA1            5.416666684       0.000000000 Fixed
IA-3                   47,723.80              0.00       0.070000000
00077BAB9            0.748843559       0.000000000 Fixed
IA-4                        0.00              0.00       0.070000000
00077BAC7            0.000000000       0.000000000 Fixed
IA-5                  188,137.59              0.00       0.065000000
00077BAD5            4.999314027       0.000000000 Fixed
IA-6                   77,212.32              0.00       0.065000000
00077BAE3            5.416666725       0.000000000 Fixed
IA-X                   24,098.75              0.00       0.067500000
00077BAW3            3.437739179       0.000000000 Fixed
IIA-1                 190,485.69              0.00       0.065000000
00077BAF0            4.154483773       0.000000000 Fixed
IIA-X                   5,930.45              0.00       0.065000000
00077BAG8            3.243632568       0.000000000 Fixed
IIA-P                       0.00              0.00
00077BAH6            0.000000000       0.000000000
M                      29,728.47              0.00       0.067092209
00077BAJ2            5.488156289       0.000000000       0.066961176
B-1                    12,517.26              0.00       0.067092209
00077BAK9            5.488156010       0.000000000       0.066961176
B-2                     6,258.63              0.00       0.067092209
00077BAL7            5.488158416       0.000000000       0.066961176
B-3                     6,258.62              0.00       0.067092209
00077BAP8            5.488154460       0.000000000       0.066961176
B-4                     3,129.31              0.00       0.067092209
00077BAQ6            5.488149647       0.000000000       0.066961176


ABN AMRO Acct: 67-7920-20-9

               Original             Opening        Principal
Class          Face Value (1)       Balance        Payment
CUSIP          Per $1,000           Per $1,000     Per $1,000

B-5                   570,194.64        559,704.39           753.41
00077BAR4          1000.000000000     981.602334950     1.321320734
R (Component R-                                                0.00
9ABSB238           1000.000000000       0.000000000      0.000000000

               Principal            Negative       Closing
Class          Adj. or Loss         Amortization   Balance
CUSIP          Per $1,000           Per $1,000     Per $1,000

B-5                         0.00              0.00       558,950.98
00077BAR4            0.000000000       0.000000000    980.281014216
R (Component R-             0.00              0.00             0.00
9ABSB238             0.000000000       0.000000000      0.000000000

               Interest             Interest       Pass-Through
Class          Payment              Adjustment     Rate (2)
CUSIP          Per $1,000           Per $1,000     Next Rate (3)

B-5                     3,129.32              0.00       0.067092209
00077BAR4            5.488161025       0.000000000       0.066961176
R (Component R-             0.00              0.00            0.0675
9ABSB238             0.000000000       0.000000000 Fixed


ABN AMRO Acct: 67-7920-20-9

               Original             Opening        Principal
Class          Face Value (1)       Balance        Payment
CUSIP          Per $1,000           Per $1,000     Per $1,000

REMIC I Interes   285,096,943.82    201,494,008.22     3,158,303.86
None               1000.000000000     706.756114324    11.077999707
R (Component R-             0.00              0.00             0.00
None               1000.000000000       0.000000000     0.000000000

               Principal            Negative       Closing
Class          Adj. or Loss         Amortization   Balance
CUSIP          Per $1,000           Per $1,000     Per $1,000

REMIC I Interes             0.00              0.00   198,335,704.36
None                 0.000000000       0.000000000    695.678114618
R (Component R-             0.00              0.00             0.00
None                 0.000000000       0.000000000      0.000000000

               Interest             Interest       Pass-Through
Class          Payment              Adjustment     Rate (2)
CUSIP          Per $1,000           Per $1,000     Next Rate (3)

REMIC I Interes     1,185,840.96              0.00       0.070622902
None                  4.15943063        0.00000000       0.070603053
R (Component R-             0.00              0.00
None                  0.00000000        0.00000000

Other Related Information

            Accrued     ReimbursementNet          Prior
Class       Certificate of Prior     Prepayment   Unpaid
            Interest    Losses       Int. ShortfalInterest

IA-1           462370.39         0.00         0.00           0.00
IA-2           128860.35         0.00         0.00           0.00
IA-3            47723.80         0.00         0.00           0.00
IA-4                0.00         0.00         0.00           0.00
IA-5           188137.59         0.00         0.00           0.00
IA-6            77212.32         0.00         0.00           0.00
IA-X            24098.75         0.00         0.00           0.00
IIA-1          190485.69         0.00         0.00           0.00
IIA-X            5930.45         0.00         0.00           0.00
IIA-P               0.00         0.00         0.00           0.00
M               29728.47         0.00         0.00           0.00
B-1             12517.26         0.00         0.00           0.00
B-2              6258.63         0.00         0.00           0.00
B-3              6258.62         0.00         0.00           0.00
B-4              3129.31         0.00         0.00           0.00
B-5              3129.32         0.00         0.00           0.00
R (Component        0.00         0.00         0.00           0.00

Total         1185840.95         0.00         0.00           0.00

            Ending                   Actual
Class       Unpaid      Interest     Distribution
            Interest    Loss         of Interest

IA-1                0.00         0.00   462,370.39
IA-2                0.00         0.00   128,860.35
IA-3                0.00         0.00    47,723.80
IA-4                0.00         0.00         0.00
IA-5                0.00         0.00   188,137.59
IA-6                0.00         0.00    77,212.32
IA-X                0.00         0.00    24,098.75
IIA-1               0.00         0.00   190,485.69
IIA-X               0.00         0.00     5,930.45
IIA-P               0.00         0.00         0.00
M                   0.00         0.00    29,728.47
B-1                 0.00         0.00    12,517.26
B-2                 0.00         0.00     6,258.63
B-3                 0.00         0.00     6,258.62
B-4                 0.00         0.00     3,129.31
B-5                 0.00         0.00     3,129.32
R (Component        0.00         0.00         0.00

Total               0.00         0.00 1,185,840.95


            Advances
                               Prior Outstanding
            Principal   Interest

  Servicer      14551.72     77020.09
  Trustee:          0.00         0.00
 Fiscal Agen        0.00         0.00

                14551.72     77020.09

                              Current Period
            Principal   Interest

  Servicer      9,929.05    49,913.07
  Trustee:          0.00         0.00
 Fiscal Agen        0.00         0.00

                9,929.05    49,913.07


                                    Recovered
            Principal   Interest

  Servicer     13,366.45    67,815.80
  Trustee:          0.00         0.00
 Fiscal Agen        0.00         0.00

               13,366.45    67,815.80

                                  Outstanding
            Principal   Interest

  Servicer     11,114.32    59,117.36
  Trustee:          0.00         0.00
 Fiscal Agen        0.00         0.00

               11,114.32    59,117.36


Other Related Information

                        Summary of REO Properties
#           Property                 Principal
            Name        Date of REO  Balance      Book Value
           1           0
           2           0
           3           0
           4           0
           5           0
           0           00            0            0
           0           00            0            0
           0           00            0            0
           0           00            0            0
           0           00            0            0
           0           00            0            0
           0           00            0            0


#           Property    Date of FinalAmount       Aggregate Other
            Name        Recovery     of Proceeds  Rev. Collected
           1           0
           2           0
           3           0
           4           0
           5           0
           0           00            0            0
           0           00            0            0
           0           00            0            0
           0           00            0            0
           0           00            0            0
           0           00            0            0
           0           00            0            0


            Summary of Repurchased, Liquidated or Disposed Loans

            Property                 Principal
#           Name        Loan Number  Balance      Book Value

           1           0
           2           0
           3           0
           4           0
           5           0
           0           00            0            0
           0           00
Group I Prin           0164245497.9
Group II Pri           037248510.28
           0Total       201494008.2
           0           00
           0           00            0            0
           0           00            0            0


            Property    Date of FinalAmount       Aggregate Other
#           Name        Liquidation  of Proceeds  Rev. Collected

           1           0
           2           0
           3           0
           4           0
           5          0
           0           00            0            0
           0           0             0            0
Group I Prin           0             0            0
Group II Pri           0             0            0
           0Total                    0            0
           0           0             0            0
           0           00            0            0
           0           00            0            0




Asset Backed Facts - Pool Total

DistributionDelinq 1 Month           Delinq 2 Months
Date        #           Balance      #            Balance
    07/26/99           3   1,010,953             1       236,816
                   0.47%        0.50%        0.16%          0.12%
    06/25/99           1     237,013             0             0
                   0.15%        0.11%        0.00%          0.00%
    05/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           1     253,856             1       292,045
                   0.14%        0.11%        0.14%          0.13%
    02/25/99           3     794,951             0             0
                   0.42%        0.34%        0.00%          0.00%
    01/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           4   1,489,704             0             0
                   0.52%        0.60%        0.00%          0.00%
    11/25/98           3   1,008,702             0             0
                   0.38%        0.39%        0.00%          0.00%
    10/26/98           3     787,627             1       325,662
                   0.37%        0.30%        0.12%          0.12%
    09/25/98           1     325,922             0             0
                   0.12%        0.12%        0.00%          0.00%
    08/25/98           2     653,696             0             0
                   0.24%        0.24%        0.00%          0.00%
    07/27/98           2     737,640             0             0
                   0.24%        0.27%        0.00%          0.00%
    06/25/98           5   1,312,219             0             0
                   0.58%        0.47%        0.00%          0.00%
    05/26/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%



DistributionDelinq 3+  Months        Foreclosure/Bankruptcy
Date        #           Balance      #            Balance
    07/26/99           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    06/25/99           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    05/25/99           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    02/25/99           0            0            0             0
                   0.00% 32539987.00%        0.00%          0.00%
    01/25/99           0  0.001256787            0             0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    11/25/98           1            0            0             0
                   0.13%        0.00%        0.00%          0.00%
    10/26/98           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    09/25/98           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    08/25/98           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    07/27/98           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    06/25/98           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    05/26/98           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0            0            0             0
                   0.00%        0.00%        0.00%          0.00%



DistributionREO                      Modifications
Date        #           Balance      #            Balance
    07/26/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    06/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    05/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    02/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    01/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    11/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    10/26/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    09/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    08/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    07/27/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    06/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    05/26/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%


DistributionPrepayments              Curr Weighted Avg.
Date        #           Balance      Coupon       Remit
    07/26/99         10    2,808,150       7.3248%        7.0623%
                   1.58%  0.013936643
    06/25/99         15    5,166,439       7.3288%        7.0663%
                   2.32%  0.024952822
    05/25/99         19    6,354,369       7.3346%        7.0721%
                   2.85%  0.029726658
    04/26/99         19    5,397,413       7.3384%        7.0759%
                   2.77%  0.024580409
    03/25/99         24    8,722,642       7.3463%        7.0838%
                   3.39%  0.038144144
    02/25/99         12    3,510,668       7.3494%        7.0869%
                   1.66%  0.015095798
    01/25/99         23    7,533,229       7.3567%        7.0942%
                   3.09%  0.031324629
    12/28/98         22    8,593,194       7.3627%        7.1002%
                   2.87%  0.034448291
    11/25/98         27    9,056,174       7.3689%        7.1064%
                   3.40%  0.034977529
    10/26/98         14    4,352,638       7.3725%        7.1100%
                   1.73%  0.016508219
    09/25/98         19    5,597,825       7.3779%        7.1154%
                   2.30%      0.02076
    08/25/98         14    4,920,131       7.3846%        7.1221%
                   1.67%   0.01789101
    07/27/98          9    2,514,519       7.3869%        7.1244%
                   1.06%     0.009048
    06/25/98          6    2,251,748       7.3894%        7.1269%
                   0.70%  0.008025238
    05/26/98         13    3,761,487       7.3948%        7.1323%
                   1.50%   0.01320984
    04/27/98          0            0       7.3946%        7.1321%
                   0.00%            0


Asset Backed Facts - Group 1 Total

DistributionDelinq 1 Month           Delinq 2 Months
Date        #           Balance      #            Balance
    07/26/99           3   1,010,953             1       236,816
                   0.58%        0.62%        0.19%          0.14%
    06/25/99           1     237,013             0             0
                   0.19%        0.14%        0.00%          0.00%
    05/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           1     253,856             1       292,045
                   0.17%        0.14%        0.17%          0.16%
    02/25/99           3     794,951             0             0
                   0.50%        0.42%        0.00%          0.00%
    01/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           4   1,489,704             0             0
                   0.63%        0.73%        0.00%          0.00%
    11/25/98           3   1,008,702             0             0
                   0.46%        0.47%        0.00%          0.00%
    10/26/98           3     787,627             1       325,662
                   0.45%        0.36%        0.15%          0.15%
    09/25/98           1     325,922             0             0
                   0.15%        0.15%        0.00%          0.00%
    08/25/98           2     653,696             0             0
                   0.28%        0.29%        0.00%          0.00%
    07/27/98           2     737,640             0             0
                   0.28%        0.32%        0.00%          0.00%
    06/25/98           5   1,312,219             0             0
                   0.70%        0.56%        0.00%          0.00%
    05/26/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%


DistributionDelinq 3+  Months        Foreclosure/Bankruptcy
Date        #           Balance      #            Balance
    07/26/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    06/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    05/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    02/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    01/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    11/25/98           1     325,400             0             0
                   0.15%        0.15%        0.00%          0.00%
    10/26/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    09/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    08/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    07/27/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    06/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    05/26/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%


DistributionREO                      Modifications
Date        #           Balance      #            Balance
    07/26/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    06/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    05/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    02/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    01/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    11/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    10/26/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    09/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    08/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    07/27/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    06/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    05/26/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%


DistributionPrepayments              Curr Weighted Avg.
Date        #           Balance      Coupon       Remit
    07/26/99          8    2,232,927       7.4209%        7.1584%
                   1.54%        1.36%
    06/25/99         11    3,851,511       7.4242%        7.1617%
                   2.08%        2.29%
    05/25/99         17    5,741,633       7.4288%        7.1663%
                   3.11%        3.29%
    04/26/99         16    4,475,837       7.4340%        7.1715%
                   2.84%        2.50%
    03/25/99         21    7,765,315       7.4405%        7.1780%
                   3.60%        4.15%
    02/25/99         11    3,241,742       7.4436%        7.1811%
                   1.85%        1.70%
    01/25/99         21    6,885,658       7.4502%        7.1877%
                   3.41%        3.49%
    12/28/98         20    7,733,283       7.4545%        7.1920%
                   3.14%        3.77%
    11/25/98         23    7,914,339       7.4587%        7.1962%
                   3.49%        3.71%
    10/26/98         13    4,114,212       7.4613%        7.1988%
                   1.93%        1.89%
    09/25/98         19    5,597,825       7.4659%        7.2034%
                   2.75%        2.50%
    08/25/98         13    4,543,726       7.4720%        7.2095%
                   1.85%        1.99%
    07/27/98          8    2,238,108       7.4744%        7.2119%
                   1.12%        0.97%
    06/25/98          5    2,023,304       7.4768%        7.2143%
                   0.70%        0.87%
    05/26/98         12    3,524,183       7.4817%        7.2192%
                   1.65%        1.49%
    04/27/98          0            0       7.4817%        7.2192%
                   0.00%        0.00%


Asset Backed Facts - Group 2 Total

DistributionDelinq 1 Month           Delinq 2 Months
Date        #           Balance      #            Balance
    07/26/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    06/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    05/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    02/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    01/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    11/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    10/26/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    09/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    08/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    07/27/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    06/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    05/26/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%



DistributionDelinq 3+  Months        Foreclosure/Bankruptcy
Date        #           Balance      #            Balance
    07/26/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    06/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    05/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    02/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    01/25/99           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    11/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    10/26/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    09/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    08/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    07/27/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    06/25/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    05/26/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0           0             0             0
                   0.00%        0.00%        0.00%          0.00%


DistributionREO                      Modifications
Date        #           Balance      #            Balance
    07/26/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    06/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    05/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    04/26/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    03/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    02/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    01/25/99           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    12/28/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    11/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    10/26/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    09/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    08/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    07/27/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    06/25/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    05/26/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%
    04/27/98           0           0            0              0
                   0.00%        0.00%        0.00%          0.00%



DistributionPrepayments              Curr Weighted Avg.
Date        #           Balance      Coupon       Remit
    07/26/99          2      575,223       6.9009%        6.6384%
                   1.77%        1.54%        0.00%          0.00%
    06/25/99          4    1,314,928       6.9141%        6.6516%
                   3.42%        3.40%        0.00%          0.00%
    05/25/99          2      612,736       6.9190%        6.6565%
                   1.68%        1.55%        0.00%          0.00%
    04/26/99          3      921,576       6.9172%        6.6547%
                   2.46%        2.27%        0.00%          0.00%
    03/25/99          3      957,327       6.9245%        6.6620%
                   2.40%        2.29%        0.00%          0.00%
    02/25/99          1      268,927       6.9242%        6.6617%
                   0.79%        0.64%        0.00%          0.00%
    01/25/99          2      647,570       6.9275%        6.6650%
                   1.56%        1.51%        0.00%          0.00%
    12/28/98          2      859,911       6.9348%        6.6723%
                   1.54%        1.95%        0.00%          0.00%
    11/25/98          4    1,141,835       6.9463%        6.6838%
                   2.99%        2.52%        0.00%          0.00%
    10/26/98          1      238,426       6.9500%        6.6875%
                   0.74%        0.52%        0.00%          0.00%
    09/25/98          0            0       6.9500%        6.6875%
                   0.00%        0.00%        0.00%          0.00%
    08/25/98          1      376,404       6.9558%        6.6933%
                   0.74%        0.81%        0.00%          0.00%
    07/27/98          1      276,410       6.9576%        6.6951%
                   0.73%        0.59%        0.00%          0.00%
    06/25/98          1      228,444       6.9602%        6.6977%
                   0.72%        0.48%        0.00%          0.00%
    05/26/98          1      237,305       6.9648%        6.7023%
                   0.72%        0.50%        0.00%          0.00%
    04/27/98          0            0       6.9647%        6.7022%
                   0.00%        0.00%        0.00%          0.00%
_



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