ABN AMRO MORTGAGE CORP
8-K, 2000-10-27
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: October 25, 2000
(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
October 25, 2000.

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: October 25, 2000

ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 10/25/2000
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER PAYMENT DATE: 10/25/2000
135 S. LASALLE STREET SUITE 1625
CHICAGO, IL 60674-4107
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 09/25/2000
SERIES 1998-1 NEXT PAYMENT: 11/27/2000
RECORD DATE: 09/29/2000
ABN AMRO ACCT: 67-7920-20-9
ADMINISTRATOR: REPORTING PACKAGE TABLE OF CONTENTS ANALYST:
CHRISTOPHER LEWIS (312) 904-7992 ROBERT BATE (714) 282-3980 (251)
[email protected] [email protected]
PAGE(S)
ISSUE ID: ABN98001 CLOSING DATE: 3/30/1998
STATEMENTS TO CERTIFICATEHOLDERS PAGE 2-4
ASAP #: 330 CASH RECONCILIATION SUMMARY PAGE 5 FIRST PAYMENT DATE: 4/27/1998
MONTHLY DATA FILE NAME: BOND INTEREST RECONCILIATION PAGE 6 ASSUMED FINAL PAYMENT: DATE: 4/28/2028
OTHER RELATED INFORMATION PAGE 7
ABN98001_200010_3.EXE ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY PAGE 8-10
REALIZED LOSS DETAIL PAGE 11
PARTIES TO THE TRANSACTION
ISSUER: ABN AMRO INC./ABN AMRO INC.
DEPOSITOR: ORLAND/HAWTHORNE PARTNERSHIP
UNDERWRITER: DONALDSON. LUFKIN & JENRETTE
MASTER SERVICER: LASALLE HOME MORTGAGE CORPORATION
SPECIAL SERVICER: LASALLE HOME MORTGAGE CORPORATION
RATING AGENCY: DUFF & PHELPS CREDIT RATING CO./STANDARD & POOR'S CORPORATION
INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES
LASALLE WEB SITE WWW.LNBABS.COM
SERVICER WEB SITE
LASALLE BULLETIN BOARD (714) 282-3990
LASALLE ASAP FAX BACK SYSTEM (714) 282-5518
LASALLE FACTOR LINE (800) 246-5761
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A. PAGE 1 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER STATEMENT DATE: 10/25/2000
MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 10/25/2000
WAC: 7.316101% SERIES 1998-1 PRIOR PAYMENT: 09/25/2000
NEXT PAYMENT: 11/27/2000
WAMM: 290
RECORD DATE: 09/29/2000
REMIC II
ABN AMRO ACCT: 67-7920-20-9
ORIGINAL OPENING PRINCIPAL PRINCIPAL NEGATIVE CLOSING INTEREST INTEREST PASS-THROUGH
CLASS FACE VALUE (1) BALANCE PAYMENT ADJ. OR LOSS AMORTIZATION BALANCE PAYMENT (2) ADJUSTMENT RATE
CUSIP PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 NEXT RATE(3)
IA-1 78,344,523.04 76,487,700.99 77,207.37 0.00 291,633.49 76,702,127.11 177,310.63 0.00 7.35716905%
00077BAN3 976.299274309 0.985485226 0.000000000 3.722448982 979.036238064 2.263216663 0.000000000 FIXED
IA-2 23,789,603.00 23,789,603.00 0.00 0.00 0.00 23,789,603.00 128,860.35 0.00 6.50000000%
00077BAA1 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.416666684 0.000000000 FIXED
IA-3 63,730,000.00 1,165,163.75 262,470.15 0.00 0.00 902,693.60 6,796.79 0.00 7.00000000%
00077BAB9 18.282814216 4.118470893 0.000000000 0.000000000 14.164343323 0.106649772 0.000000000 FIXED
IA-4 10,043,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.00000000%
00077BAC7 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 FIXED
IA-5 37,632,681.00 19,225,791.44 672,909.60 0.00 0.00 18,552,881.84 104,139.70 0.00 6.50000000%
00077BAD5 510.880195860 17.880990196 0.000000000 0.000000000 492.999205664 2.767267631 0.000000000 FIXED
IA-6 14,254,582.00 14,254,582.00 0.00 0.00 0.00 14,254,582.00 77,212.32 0.00 6.50000000%
00077BAE3 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 5.416666725 0.000000000 FIXED
IA-X 7,010,057.70 N 3,658,067.60 0.00 0.00 0.00 3,638,238.84 20,576.63 0.00 6.75000000%
00077BAW3 521.831311032 0.000000000 0.000000000 0.000000000 519.002695227 2.935301089 0.000000000 6.750000000%
IIA-1 45,850,628.00 27,767,043.67 208,026.75 0.00 0.00 27,559,016.92 150,404.82 0.00 6.50000000%
00077BAF0 605.597892138 4.537053451 0.000000000 0.000000000 601.060838687 3.280321918 0.000000000 FIXED
IIA-X 1,828,335.00 N 747,787.57 0.00 0.00 0.00 740,821.41 4,050.52 0.00 6.50000000%
00077BAG8 408.999209663 0.000000000 0.000000000 0.000000000 405.189098278 2.215414571 0.000000000 6.500000000%
IIA-P 333,045.00 279,824.96 1,487.54 0.00 0.00 278,337.42 0.00 0.00 0.00000000%
00077BAH6 840.201654431 4.466483508 0.000000000 0.000000000 835.735170923 0.000000000 0.000000000 N/A
M 5,416,841.00 5,198,495.12 8,160.61 0.00 0.00 5,190,334.51 29,071.25 0.00 6.71069151%
00077BAJ2 959.691288705 1.506525667 0.000000000 0.000000000 958.184763038 5.366827271 0.000000000 6.710806743%
B-1 2,280,777.00 2,188,841.82 3,436.05 0.00 0.00 2,185,405.77 12,240.54 0.00 6.71069151%
00077BAK9 959.691289416 1.506526065 0.000000000 0.000000000 958.184763350 5.366828936 0.000000000 6.710806743%
B-2 1,140,388.00 1,094,420.45 1,718.02 0.00 0.00 1,092,702.43 6,120.27 0.00 6.71069151%
00077BAL7 959.691306818 1.506522342 0.000000000 0.000000000 958.184784477 5.366831289 0.000000000 6.710806743%
B-3 1,140,387.00 1,094,420.47 1,718.02 0.00 0.00 1,092,702.45 6,120.27 0.00 6.71069151%
00077BAP8 959.692165905 1.506523663 0.000000000 0.000000000 958.185642243 5.366835995 0.000000000 6.710806743%
B-4 570,194.00 547,210.22 859.01 0.00 0.00 546,351.21 3,060.13 0.00 6.71069151%
00077BAQ6 959.691298049 1.506522342 0.000000000 0.000000000 958.184775708 5.366822520 0.000000000 6.710806743%
B-5 570,194.00 547,209.78 859.01 0.02 0.00 546,350.75 3,060.13 0.00 6.71069151%
00077BAR4 959.690526382 1.506522342 0.000035076 0.000000000 958.183968965 5.366822520 0.000000000 6.710806743%
R (COMPONENT R-II) 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.75000000%
9ABSB238 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 FIXED
TOTAL 285,096,943.04 173,640,307.67 1,238,852.13 0.02 291,633.49 172,693,089.01 729,024.35 0.00
TOTAL P&I PAYMENT 1,967,876.48
REMIC I INTERESTS 285,096,944.00 173,640,307.65 947,218.65 0.00 0.00 172,693,089.00 1,020,657.83 0.00 7.05360068%
NONE 609.057063937 3.322444067 0.000000000 0.000000000 605.734619870 3.580037778 0.000000000 7.053524049%
R (COMPONENT R-I) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N/A
NONE 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000
TOTAL 285,096,944.00 173,640,307.65 947,218.65 0.00 0.00 172,693,089.00 1,020,657.83 0.00
TOTAL P&I PAYMENT 1,967,876.48
NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A. PAGE 2 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER STATEMENT DATE: 10/25/2000
MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 10/25/2000
PRIOR PAYMENT: 09/25/2000
SERIES 1998-1 NEXT PAYMENT: 11/27/2000
RECORD DATE: 09/29/2000
ABN AMRO ACCT: 67-7920-20-9
CASH RECONCILIATION SUMMARY
INTEREST SUMMARY SERVICING FEE SUMMARY PRINCIPAL SUMMARY
CURRENT SCHEDULED INTEREST 1,048,070.21 CURRENT SERVICING FEES 37,618.41 SCHEDULED:
LESS DEFERRED INTEREST 0.00 PLUS FEES ADVANCED FOR PPIS 0.00 CURRENT SCHEDULED PRINCIPAL 278,694.66
PLUS ADVANCE INTEREST 10,206.02 LESS REDUCTION FOR PPIS (2,021.33) ADVANCED SCHEDULED PRINCIPAL 2,318.28
PLUS UNSCHEDULED INTEREST 0.00 PLUS UNSCHEDULED SERVICING FEES 0.00 SCHEDULED PRINCIPAL DISTRIBUTION 281,012.94
PPIS REDUCING SCHEDULED INTEREST (2,021.33) TOTAL SERVICING FEES PAID 35,597.08 UNSCHEDULED:
LESS TOTAL FEES PAID TO SERVICER (35,597.08) CURTAILMENTS 165,068.92
PLUS FEES ADVANCED FOR PPIS 0.00 PREPAYMENTS IN FULL 501,136.79
LESS FEE STRIPS PAID BY SERVICER 0.00 PPIS SUMMARY LIQUIDATION PROCEEDS 0.00
LESS MISC. FEES & EXPENSES 0.00 GROSS PPIS 2,021.33 REPURCHASE PROCEEDS 0.00
LESS NON RECOVERABLE ADVANCES 0.00 REDUCED BY PPIE 0.00 OTHER PRINCIPAL PROCEEDS 0.00
INTEREST DUE TRUST 1,022,466.58 REDUCED BY SHORTFALLS IN FEES 0.00 UNSCHEDULED PRINCIPAL DISTRIBUTION 666,205.71
LESS TRUSTEE FEE (1,808.75) REDUCED BY OTHER AMOUNTS 0.00 REMITTANCE PRINCIPAL 947,218.65
LESS FEE STRIPS PAID BY TRUST 0.00 NET PPIS 2,021.33
LESS MISC. FEES PAID BY TRUST 0.00 PPIS REDUCING SERVICING FEE 2,021.33 SERVICER WIRE AMOUNT 1,969,685.23
REMITTANCE INTEREST 1,020,657.83 PPIS ALLOCATED TO CERTIFICATES 0.00
POOL BALANCE SUMMARY
BALANCE/AMOUNT COUNT
BEGINNING POOL 173,640,307.65 559
SCHEDULED PRINCIPAL DISTRIBUTION 281,012.94
UNSCHEDULED PRINCIPAL DISTRIBUTION 666,205.71 2
DEFERRED INTEREST 0.00
LIQUIDATIONS 0.00 0
REPURCHASES 0.00 0
ENDING POOL 172,693,089.00 557
ADVANCES
PRIOR OUTSTANDING CURRENT PERIOD RECOVERED ENDING OUTSTANDING
PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST
MADE BY: 5,376.88 28,576.33 2,318.28 10,206.02 5,631.60 30,262.34 2,063.56 8,520.01
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A. PAGE 5 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER STATEMENT DATE: 10/25/2000
PAYMENT DATE: 10/25/2000
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 09/25/2000
SERIES 1998-1
NEXT PAYMENT: 11/27/2000
RECORD DATE: 09/29/2000
ABN AMRO ACCT: 67-7920-20-9
BOND INTEREST RECONCILIATION
DEDUCTIONS ADDITIONS
REMAINING
ACCRUAL PASS ACCRUED ADD.
DEFERRED &
PRIOR PREPAY- OTHER DISTRIBUTABLE INTEREST OUTSTANDING
CREDIT SUPPORT
THRU CERTIFICATE ALLOCABLE TRUST ACCRETION INTEREST INT. SHORT- MENT INTEREST CERTIFICATE PAYMENT INTEREST
CLASS METHOD DAYS RATE INTEREST PPIS EXPENSE (1) INTEREST LOSSES FALLS DUE PENALTIES PROCEEDS (2)
INTEREST
AMOUNT SHORTFALLS ORIGINAL CURRENT(3)
IA-1 30/360 30 7.357169055% 468,944.12 0.00 0.00 291,633.49 0.00 0.00 0.00 0.00 468,944.12 177,310.63 0.00 3.90% 6.17%
IA-2 30/360 30 6.500000000% 128,860.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 128,860.35 128,860.35 0.00 3.90% 6.17%
IA-3 30/360 30 7.000000000% 6,796.79 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,796.79 6,796.79 0.00 3.90% 6.17%
IA-4 30/360 30 7.000000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.90% 6.17%
IA-5 30/360 30 6.500000000% 104,139.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 104,139.70 104,139.70 0.00 3.90% 6.17%
IA-6 30/360 30 6.500000000% 77,212.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 77,212.32 77,212.32 0.00 3.90% 6.17%
IA-X 30/360 30 6.750000000% 20,576.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20,576.63 20,576.63 0.00 NA NA
IIA-1 30/360 30 6.500000000% 150,404.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 150,404.82 150,404.82 0.00 3.90% 6.17%
IIA-X 30/360 30 6.500000000% 4,050.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,050.52 4,050.52 0.00 NA NA
IIA-P 30/360 30 0.000000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.90% 6.17%
M 30/360 30 6.710691507% 29,071.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 29,071.25 29,071.25 0.00 2.00% 3.16%
B-1 30/360 30 6.710691507% 12,240.54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12,240.54 12,240.54 0.00 1.20% 1.90%
B-2 30/360 30 6.710691507% 6,120.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,120.27 6,120.27 0.00 0.80% 1.27%
B-3 30/360 30 6.710691507% 6,120.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,120.27 6,120.27 0.00 0.40% 0.63%
B-4 30/360 30 6.710691507% 3,060.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,060.13 3,060.13 0.00 0.20% 0.32%
B-5 30/360 30 6.710691507% 3,060.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,060.13 3,060.13 0.00 0.00% 0.00%
R (COMPONENT R-II) 30/360 30 6.750000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.90% 6.17%
1,020,657.84 0.00 0.00 291,633.49 0.00 0.00 0.00 0.00 1,020,657.84 729,024.35 0.00
(1) ADDITIONAL TRUST EXPENSES ARE FEES ALLOCATED DIRECTLY TO THE BOND RESULTING IN A DEDUCTION TO ACCRUED INTEREST AND NOT CARRIED AS AN OUTSTANDING SHORTFALL.
(2) OTHER INTEREST PROCEEDS INCLUDE DEFAULT INTEREST, PPIE, INTEREST DUE ON OUTSTANDING LOSSES, INTEREST DUE ON OUTSTANDING SHORTFALLS AND RECOVERIES OF INTEREST.
(3) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
PAGE 6 OF 11
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A.
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER STATEMENT DATE: 10/25/2000
MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 10/25/2000
PRIOR PAYMENT: 09/25/2000
SERIES 1998-1 NEXT PAYMENT: 11/27/2000
RECORD DATE: 09/29/2000
ABN AMRO ACCT: 67-7920-20-9
OTHER RELATED INFORMATION
SPECIAL HAZARD COVERAGE FRAUD LOSS COVERAGE BANKRUPTCY LOSS COVERAGE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
BEGINNING
BALANCE
CURRENT
REDUCTION
ENDING
BALANCE
3,974,271.95 520,410.17 3,453,861.78 1,847,727.84 0.00 1,847,727.84 100,000.00 0.00 100,000.00
TOTAL
NUMBER OF PAYOFFS: 2
AGGREGATE PAYOFF AMOUNTS: 501,136.79
NUMBER OF CURTAILMENTS: 135
AGGREGATE CURTAILMENT AMOUNTS: 164,152.73
NUMBER OF LOANS IN FORECLOSURE: 0
BOOK VALUE OF LOANS IN FORECLOSURE: 0.00
PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES: 1.04
CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES: 0.02
CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF: 1.06
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A. PAGE 7 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER STATEMENT DATE: 10/25/2000
PAYMENT DATE: 10/25/2000
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 09/25/2000
SERIES 1998-1
NEXT PAYMENT: 11/27/2000
RECORD DATE: 09/29/2000
ABN AMRO ACCT: 67-7920-20-9
ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
DELINQUENCY AGING CATEGORIES SPECIAL EVENT CATEGORIES (1)
DISTRIBUTION
DATE
DELINQ 1 MONTH DELINQ 2 MONTHS DELINQ 3+ MONTHS FORECLOSURE REO MODIFICATIONS SPECIALLY SERVICED BANKRUPTCY
# BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE
10/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
9/25/00 1 282,110 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
8/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
7/25/00 0 0 0 0 1 226,902 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.17% 0.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
6/26/00 2 490,099 0 0 1 227,093 0 0 0 0 0 0 0 0 0 0
0.35% 0.00% 0.00% 0.00% 0.17% 0.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
5/25/00 1 398,911 0 0 0 0 1 227,284 0 0 0 0 0 0 0 0
0.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.17% 0.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
3/27/00 3 923,627 1 333,955 2 469,493 0 0 0 0 0 0 0 0 0 0
0.51% 0.00% 0.17% 0.00% 0.34% 0.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
2/25/00 1 334,260 1 242,045 1 227,848 0 0 0 0 0 0 0 0 0 0
0.17% 0.00% 0.17% 0.00% 0.17% 0.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
1/25/00 1 284,205 1 242,257 2 562,598 0 0 0 0 0 0 0 0 0 0
12/27/99 3 1,015,870 2 560,999 0 0 0 0 0 0 0 0 0 0 0 0
11/26/99 3 955,398 0 0 0 0 0 0 0 0 0 0 0 0 0 0
10/25/99 2 587,373 0 0 0 0 0 0 0 0 0 0 0 0 0 0
9/27/99 1 243,096 1 228,780 1 511,759 0 0 0 0 0 0 0 0 0 0
8/25/99 2 497,975 1 512,172 1 236,618 0 0 0 0 0 0 0 0 0 0
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A. PAGE 8 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER STATEMENT DATE: 10/25/2000
PAYMENT DATE: 10/25/2000
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 09/25/2000
SERIES 1998-1
NEXT PAYMENT: 11/27/2000
RECORD DATE: 09/29/2000
ABN AMRO ACCT: 67-7920-20-9
ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
DELINQUENCY AGING CATEGORIES SPECIAL EVENT CATEGORIES (1)
DISTRIBUTION
DATE
DELINQ 1 MONTH DELINQ 2 MONTHS DELINQ 3+ MONTHS FORECLOSURE REO MODIFICATIONS SPECIALLY SERVICED BANKRUPTCY
# BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE
10/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
9/25/00 1 282,110 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.22% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
8/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
7/25/00 0 0 0 0 1 226,902 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.21% 0.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
6/26/00 2 490,099 0 0 1 227,093 0 0 0 0 0 0 0 0 0 0
0.42% 0.00% 0.00% 0.00% 0.21% 0.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
5/25/00 1 398,911 0 0 0 0 1 227,284 0 0 0 0 0 0 0 0
0.21% 0.00% 0.00% 0.00% 0.00% 0.00% 0.21% 0.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
3/27/00 3 923,627 1 333,955 2 469,493 0 0 0 0 0 0 0 0 0 0
0.62% 0.00% 0.21% 0.00% 0.41% 0.31% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
2/25/00 1 334,260 1 242,045 1 227,848 0 0 0 0 0 0 0 0 0 0
0.20% 0.00% 0.20% 0.00% 0.20% 0.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
1/25/00 1 284,205 1 242,257 1 562,598 0 0 0 0 0 0 0 0 0 0
12/27/99 3 1,015,870 2 560,999 0 0 0 0 0 0 0 0 0 0 0 0
11/26/99 3 955,398 0 0 0 0 0 0 0 0 0 0 0 0 0 0
10/25/99 2 587,373 0 0 0 0 0 0 0 0 0 0 0 0 0 0
9/27/99 1 243,096 1 228,780 1 511,759 0 0 0 0 0 0 0 0 0 0
8/25/99 2 497,975 1 512,172 1 236,618 0 0 0 0 0 0 0 0 0 0
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A. PAGE 9 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER STATEMENT DATE: 10/25/2000
PAYMENT DATE: 10/25/2000
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 09/25/2000
SERIES 1998-1
NEXT PAYMENT: 11/27/2000
RECORD DATE: 09/29/2000
ABN AMRO ACCT: 67-7920-20-9
ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
DELINQUENCY AGING CATEGORIES SPECIAL EVENT CATEGORIES (1)
DISTRIBUTION
DATE
DELINQ 1 MONTH DELINQ 2 MONTHS DELINQ 3+ MONTHS FORECLOSURE REO MODIFICATIONS SPECIALLY SERVICED BANKRUPTCY
# BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE
10/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
9/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
8/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
7/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
6/26/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
5/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
3/27/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
2/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
1/25/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
12/27/99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
11/26/99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
10/25/99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
9/27/99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
8/25/99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A. PAGE 10 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 10/25/2000
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER PAYMENT DATE: 10/25/2000
MORTGAGE PASS-THROUGH CERTIFICATES PRIOR PAYMENT: 09/25/2000
SERIES 1998-1 NEXT PAYMENT: 11/27/2000
RECORD DATE: 09/29/2000
ABN AMRO ACCT: 67-7920-20-9
REALIZED LOSS DETAIL
BEGINNING
SCHEDULED
BALANCE
GROSS PROCEEDS
AS A % OF
SCHED. BALANCE
AGGREGATE
LIQUIDATION
EXPENSES *
NET
LIQUIDATION
PROCEEDS
NET PROCEEDS
AS A % OR
SCHED. BALANCE
PERIOD
DISCLOSURE
CONTROL #
APPRAISAL
DATE
APPRAISAL
VALUE
GROSS
PROCEEDS
REALIZED
LOSS
CURRENT TOTAL
CUMULATIVE
* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..
10/19/2000 - 10:33 (B222-B238) 2000 LASALLE BANK N.A. PAGE 11 OF 11


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