ABN AMRO MORTGAGE CORP
8-K, 2001-01-09
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: December 26, 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
December 26, 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
AGENT FOR THE TRUSTEEE
UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF
ABN AMRO Mortgage Corporation, REGISTRANT

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


Date: December 26, 2000

ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 12/26/2000
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER PAYMENT DATE: 12/26/2000
135 S. LASALLE STREET SUITE 1625
CHICAGO, IL 60603-4159
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 11/27/2000
SERIES 1998-1 NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
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 #: 0 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_200012_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
12/21/2000 - 09:38 (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: 12/26/2000
MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 12/26/2000
WAC: 7.315995% SERIES 1998-1 PRIOR PAYMENT: 11/27/2000
NEXT PAYMENT: 01/25/2001
WAMM: 287
RECORD DATE: 11/30/2000
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 76,916,559.81 71,498.00 0.00 294,703.68 77,139,765.50 176,172.55 (0.01) 7.34629171%
00077BAN3 981.773285807 0.912610062 0.000000000 3.761637298 984.622313172 2.248690057 (0.000000128) 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 63,730,000.00 638,845.49 265,233.32 0.00 0.00 373,612.17 3,726.60 0.00 7.00000000%
00077BAB9 10.024250588 4.161828338 0.000000000 0.000000000 5.862422250 0.058474816 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 17,848,139.02 500,043.54 0.00 0.00 17,348,095.48 96,677.42 0.00 6.50000000%
00077BAD5 474.272322506 13.287481166 0.000000000 0.000000000 460.984841340 2.568975088 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 3,619,255.47 0.00 0.00 0.00 3,605,844.16 20,358.31 0.00 6.75000000%
00077BAW3 516.294676148 0.000000000 0.000000000 0.000000000 514.381523564 2.904157265 0.000000000 6.750000000%
IIA-1 45,850,628.00 27,394,772.29 174,895.49 0.00 0.00 27,219,876.80 148,388.35 0.00 6.50000000%
00077BAF0 597.478671175 3.814462258 0.000000000 0.000000000 593.664208918 3.236342804 0.000000000 FIXED
IIA-X 1,828,335.00 N 735,457.28 0.00 0.00 0.00 729,450.63 3,983.73 0.00 6.50000000%
00077BAG8 402.255210342 0.000000000 0.000000000 0.000000000 398.969898842 2.178884067 0.000000000 6.500000000%
IIA-P 333,045.00 277,056.77 1,294.15 0.00 0.00 275,762.62 0.00 0.00 0.00000000%
00077BAH6 831.889894759 3.885811227 0.000000000 0.000000000 828.004083532 0.000000000 0.000000000 N/A
M 5,416,841.00 5,182,083.71 8,327.88 0.00 0.00 5,173,755.83 28,980.47 0.00 6.71092384%
00077BAJ2 956.661587446 1.537405288 0.000000000 0.000000000 955.124182157 5.350068425 0.000000000 6.711042299%
B-1 2,280,777.00 2,181,931.74 3,506.48 0.00 0.00 2,178,425.26 12,202.31 0.00 6.71092384%
00077BAK9 956.661585065 1.537405893 0.000000000 0.000000000 955.124179172 5.350067104 0.000000000 6.711042299%
B-2 1,140,388.00 1,090,965.42 1,753.24 0.00 0.00 1,089,212.18 6,101.15 0.00 6.71092384%
00077BAL7 956.661609908 1.537406567 0.000000000 0.000000000 955.124203341 5.350065066 0.000000000 6.711042299%
B-3 1,140,387.00 1,090,965.44 1,753.24 0.00 0.00 1,089,212.20 6,101.15 0.00 6.71092384%
00077BAP8 956.662466338 1.537407915 0.000000000 0.000000000 955.125058423 5.350069757 0.000000000 6.711042299%
B-4 570,194.00 545,482.70 876.62 0.00 0.00 544,606.08 3,050.58 0.00 6.71092384%
00077BAQ6 956.661592370 1.537406567 0.000000000 0.000000000 955.124185803 5.350073835 0.000000000 6.711042299%
B-5 570,194.00 545,482.23 876.62 0.00 0.00 544,605.61 3,050.58 0.01 6.71092384%
00077BAR4 956.660768089 1.537406567 0.000000000 0.000000000 955.123361523 5.350073835 0.000017538 6.711042299%
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 285,096,943.04 171,756,469.62 1,030,058.58 0.00 294,703.68 171,021,114.73 714,865.87 0.00
TOTAL P&I PAYMENT 1,744,924.45
REMIC I INTERESTS 285,096,944.00 171,756,469.63 735,354.87 0.00 0.00 171,021,114.76 1,009,569.57 0.00 7.05349547%
NONE 602.449353614 2.579315161 0.000000000 0.000000000 599.870038453 3.541144832 0.000000000 7.053630217%
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 285,096,944.00 171,756,469.63 735,354.87 0.00 0.00 171,021,114.76 1,009,569.57 0.00
TOTAL P&I PAYMENT 1,744,924.44
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
12/21/2000 - 09:38 (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: 12/26/2000
MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 12/26/2000
PRIOR PAYMENT: 11/27/2000
SERIES 1998-1 NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
ABN AMRO ACCT: 67-7920-20-9
CASH RECONCILIATION SUMMARY
INTEREST SUMMARY SERVICING FEE SUMMARY PRINCIPAL SUMMARY
CURRENT SCHEDULED INTEREST 1,003,300.72 CURRENT SERVICING FEES 36,030.58 SCHEDULED:
LESS DEFERRED INTEREST 0.00 PLUS FEES ADVANCED FOR PPIS 0.00 CURRENT SCHEDULED PRINCIPAL 276,491.04
PLUS ADVANCE INTEREST 42,299.42 LESS REDUCTION FOR PPIS (2,060.99) ADVANCED SCHEDULED PRINCIPAL 8,462.08
PLUS UNSCHEDULED INTEREST 0.00 PLUS UNSCHEDULED SERVICING FEES 0.00 SCHEDULED PRINCIPAL DISTRIBUTION 284,953.12
PPIS REDUCING SCHEDULED INTEREST (2,060.99) TOTAL SERVICING FEES PAID 33,969.59 UNSCHEDULED:
LESS TOTAL FEES PAID TO SERVICER (33,969.59) CURTAILMENTS 91,100.72
PLUS FEES ADVANCED FOR PPIS 0.00 PREPAYMENTS IN FULL 359,301.03
LESS FEE STRIPS PAID BY SERVICER 0.00 PPIS SUMMARY LIQUIDATION PROCEEDS 0.00
LESS MISC. FEES & EXPENSES 0.00 GROSS PPIS 2,060.99 REPURCHASE PROCEEDS 0.00
LESS NON RECOVERABLE ADVANCES 0.00 REDUCED BY PPIE 0.00 OTHER PRINCIPAL PROCEEDS 0.00
INTEREST DUE TRUST 1,011,358.70 REDUCED BY SHORTFALLS IN FEES 0.00 UNSCHEDULED PRINCIPAL DISTRIBUTION 450,401.75
LESS TRUSTEE FEE (1,789.13) REDUCED BY OTHER AMOUNTS 0.00 REMITTANCE PRINCIPAL 735,354.87
LESS FEE STRIPS PAID BY TRUST 0.00 NET PPIS 2,060.99
LESS MISC. FEES PAID BY TRUST 0.00 PPIS REDUCING SERVICING FEE 2,060.99 SERVICER WIRE AMOUNT 1,746,713.57
REMITTANCE INTEREST 1,009,569.57 PPIS ALLOCATED TO CERTIFICATES 0.00
POOL BALANCE SUMMARY
BALANCE/AMOUNT COUNT
BEGINNING POOL 171,756,469.63 555
SCHEDULED PRINCIPAL DISTRIBUTION 284,953.12
UNSCHEDULED PRINCIPAL DISTRIBUTION 450,401.75 1
DEFERRED INTEREST 0.00
LIQUIDATIONS 0.00 0
REPURCHASES 0.00 0
ENDING POOL 171,021,114.76 554
ADVANCES
PRIOR OUTSTANDING CURRENT PERIOD RECOVERED ENDING OUTSTANDING
PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST
MADE BY: 1,491.05 4,090.67 8,462.08 42,299.42 1,745.77 5,776.69 8,207.36 40,613.41
12/21/2000 - 09:38 (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: 12/26/2000
PAYMENT DATE: 12/26/2000
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 11/27/2000
SERIES 1998-1
NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
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 7.346291707% 470,876.24 0.00 0.00 294,703.68 0.00 0.00 0.00 0.00 470,876.24 176,172.55 0.00 3.90% 6.21%
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% 6.21%
IA-3 30/360 30 7.000000000% 3,726.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,726.60 3,726.60 0.00 3.90% 6.21%
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% 6.21%
IA-5 30/360 30 6.500000000% 96,677.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 96,677.42 96,677.42 0.00 3.90% 6.21%
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% 6.21%
IA-X 30/360 30 6.750000000% 20,358.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20,358.31 20,358.31 0.00 NA NA
IIA-1 30/360 30 6.500000000% 148,388.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 148,388.35 148,388.35 0.00 3.90% 6.21%
IIA-X 30/360 30 6.500000000% 3,983.73 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,983.73 3,983.73 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% 6.21%
M 30/360 30 6.710923839% 28,980.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 28,980.47 28,980.47 0.00 2.00% 3.18%
B-1 30/360 30 6.710923839% 12,202.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12,202.31 12,202.31 0.00 1.20% 1.91%
B-2 30/360 30 6.710923839% 6,101.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,101.15 6,101.15 0.00 0.80% 1.27%
B-3 30/360 30 6.710923839% 6,101.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,101.15 6,101.15 0.00 0.40% 0.64%
B-4 30/360 30 6.710923839% 3,050.58 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,050.58 3,050.58 0.00 0.20% 0.32%
B-5 30/360 30 6.710923839% 3,050.57 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,050.57 3,050.58 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% 6.21%
1,009,569.55 0.00 0.00 294,703.68 0.00 0.00 0.00 0.00 1,009,569.55 714,865.87 0.00
(1) ADDITIONAL TRUST EXPENSES ARE FEES ALLOCATED DIRECTLY TO THE BOND RESULTING IN A DEDUCTION TO ACCRUED INTEREST.
(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
12/21/2000 - 09:38 (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: 12/26/2000
MORTGAGE PASS-THROUGH CERTIFICATES PAYMENT DATE: 12/26/2000
PRIOR PAYMENT: 11/27/2000
SERIES 1998-1 NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
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
3,453,861.78 0.00 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: 1
AGGREGATE PAYOFF AMOUNTS: 359,301.03
NUMBER OF CURTAILMENTS: 116
AGGREGATE CURTAILMENT AMOUNTS: 90,557.53
NUMBER OF LOANS IN FORECLOSURE: 0
BOOK VALUE OF LOANS IN FORECLOSURE: 0.00
PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES: 1.07
CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES: 0.00
CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF: 1.07
12/21/2000 - 09:38 (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: 12/26/2000
PAYMENT DATE: 12/26/2000
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 11/27/2000
SERIES 1998-1
NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
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
12/26/00 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%
11/27/00 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%
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
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
12/21/2000 - 09:38 (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: 12/26/2000
PAYMENT DATE: 12/26/2000
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 11/27/2000
SERIES 1998-1
NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
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
12/26/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
11/27/00 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%
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
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
12/21/2000 - 09:38 (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: 12/26/2000
PAYMENT DATE: 12/26/2000
MORTGAGE PASS-THROUGH CERTIFICATES
PRIOR PAYMENT: 11/27/2000
SERIES 1998-1
NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
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
12/26/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
11/27/00 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%
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
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
12/21/2000 - 09:38 (B222-B238) 2000 LASALLE BANK N.A. PAGE 10 OF 11
ABN AMRO
LASALLE BANK N.A.
ABN AMRO MORTGAGE CORPORATION
STATEMENT DATE: 12/26/2000
LASALLE HOME MORTGAGE CORPORATION, AS SERVICER PAYMENT DATE: 12/26/2000
MORTGAGE PASS-THROUGH CERTIFICATES PRIOR PAYMENT: 11/27/2000
SERIES 1998-1 NEXT PAYMENT: 01/25/2001
RECORD DATE: 11/30/2000
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..
12/21/2000 - 09:38 (B222-B238) 2000 LASALLE BANK N.A. PAGE 11 OF 11


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