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: April 28, 1998
(Date of earliest event reported)
GMAC Commercial Mortgage Securities, Inc.
(Sponsor)
(Issuer in Respect of Commercial Mortgage Pass-Through
Certificates Series 1998-C1)
Exact name of registrant as specified in charter)
Delaware 333-37717 23-2811925
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)
650 Dresher Road, Horsham, Pennsylvania 19044
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code
(215) 328-3480
(Former name or former address, if changed since
last report.)
ITEM 5. OTHER EVENTS
On or about May 18, 1998, the Registrant will
cause the issuance and sale of approximately
$1,438,000,263 initial principal amount of
Mortgage Pass-Through Certificates, Series 1998-C1,
Class X, Class A-1, Class A-2, Class B, Class C,
Class D, Class E, Class F, Class G, Class H,
Class J, Class K, Class L, Class M, Class N,
Class R-1, Class R-2 and Class R-3 (the "certificates")
pursuant to a Pooling and Servicing Agreement to
be dated as of May 1, 1998, among the Registrant,
GMAC Commercial Mortgage Corporation, as Servicer,
LaSalle National Bank, as Trustee and ABN AMRO
Bank N.V., as Fiscal Agent. In connection with
the sale of the Class X, Class A-1, Class A-2,
Class B, Class C, Class D, Class E and Class F
Certificates (the "Publicly Offered Certificates"),
the Registrant has been advised by Deutsche Morgan
Grenfell Inc. and Lehman Brothers Inc. have
registered pursuant to the Act under a Registration
Statement on Form S-3 (File No.333-37717)
(the "Registration Statement").
Capitalized terms used herein and not defined herein
have the same meanings ascribed to such terms in the
Pooling and Servicing Agreement.
Pursuant to Section 3.20 of the Pooling and Servicing
Agreement, the Trustee is filing this Current Report
containing the June 15, 1998 monthly distribution
report.
This Current Report is being filed by the Trustee, in
its capacity as such under the Pooling and Servicing
Agreement, on behalf of the Registrant. The information
reported and contained herein has been supplied to the
Trustee by one or more of the Master Servicer, the Special
Servicer or other third parties without independent review
or investigation by the Trustee. Pursuant to the Pooling
and Servicing Agreement, the Trustee is not responsible for
the accuracy or completeness of such information.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND
Exhibits
Exhibit No. Description
99.1 Monthly distribution report pursuant to Section 4.02
of the Pooling and Servicing Agreement for the
distribution on June 15, 1998.
99.2 * Certain information received from the borrowers
pursuant to the loan documents.
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 TRUSTEE
UNDER THE POOLING AND SERVICING AGREEMENT ON
BEHALF OF GS MORTGAGE SECURITIES CORPORATION II,
REGISTRANT
By: /s/ Russell Goldenberg
Russell Goldenberg,
Senior Vice President
Date: June 30, 1998
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Statement Date 06/15/98
Payment Date: 06/15/98
Prior Payment:NA
Record Date: 05/29/98
WAC: 7.2771%
WAMM: 132
Number Of Pages
Table Of Contents 1
REMIC Certificate Report 4
Other Related Information 4
Asset Backed Facts Sheets 1
Delinquency Loan Detail 3
Mortgage Loan Characteristics 2
Loan Level Listing 7
Total Pages Included In This Package 22
Specially Serviced Loan Detail Appendix A
Modified Loan Detail Appendix B
Realized Loss Detail Appendix C
Information is available for this issue from the following
sources:
LaSalle Web Site www.lnbabs.com
LaSalle Bulletin Board (714) 282-3990
LaSalle ASAP Fax System (714) 282-5518
Bloomberg User Terminal
ASAP #: 325
Monthly Data File Name: 0325MMYY.EXE
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Remic III
Statement Date 06/15/98
Payment Date: 06/15/98
Prior Payment:NA
Record Date: 05/29/98
WAC: 7.2771%
WAMM: 132
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
X 1,438,000,263.0N 1,438,000,263.00
361849DD1 1000.00000000 1000.00000000
A-1 333,587,000.00 333,587,000.00
361849DE9 1000.00000000 1000.00000000
A-2 687,393,000.00 687,393,000.00
361849DF6 1000.00000000 1000.00000000
B 28,760,000.00 28,760,000.00
361849DG4 1000.00000000 1000.00000000
C 64,710,000.00 64,710,000.00
361849DH2 1000.00000000 1000.00000000
D 75,495,000.00 75,495,000.00
361849DJ8 1000.00000000 1000.00000000
E 68,305,000.00 68,305,000.00
361849DK5 1000.00000000 1000.00000000
F 43,140,000.00 43,140,000.00
361849DL3 1000.00000000 1000.00000000
G 32,355,000.00 32,355,000.00
361849DM1 1000.00000000 1000.00000000
H 25,165,000.00 25,165,000.00
361849DN9 1000.00000000 1000.00000000
J 14,380,000.00 14,380,000.00
361849DP4 1000.00000000 1000.00000000
K 25,165,000.00 25,165,000.00
361849DQ2 1000.00000000 1000.00000000
L 14,380,000.00 14,380,000.00
361849DR0 1000.00000000 1000.00000000
M 10,785,000.00 10,785,000.00
361849DS8 1000.00000000 1000.00000000
N 14,380,263.00 14,380,263.00
361849DT6 1000.00000000 1000.00000000
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
X 0.00 0.00 0.00 0.00
361849DD1 0.00000000 0.00000000 0.00000000 0.00000000
A-1 1,759,924.77 0.00 0.00 0.00
361849DE9 5.27575946 0.00000000 0.00000000 0.00000000
A-2 0.00 0.00 0.00 0.00
361849DF6 0.00000000 0.00000000 0.00000000 0.00000000
B 0.00 0.00 0.00 0.00
361849DG4 0.00000000 0.00000000 0.00000000 0.00000000
C 0.00 0.00 0.00 0.00
361849DH2 0.00000000 0.00000000 0.00000000 0.00000000
D 0.00 0.00 0.00 0.00
361849DJ8 0.00000000 0.00000000 0.00000000 0.00000000
E 0.00 0.00 0.00 0.00
361849DK5 0.00000000 0.00000000 0.00000000 0.00000000
F 0.00 0.00 0.00 0.00
361849DL3 0.00000000 0.00000000 0.00000000 0.00000000
G 0.00 0.00 0.00 0.00
361849DM1 0.00000000 0.00000000 0.00000000 0.00000000
H 0.00 0.00 0.00 0.00
361849DN9 0.00000000 0.00000000 0.00000000 0.00000000
J 0.00 0.00 0.00 0.00
361849DP4 0.00000000 0.00000000 0.00000000 0.00000000
K 0.00 0.00 0.00 0.00
361849DQ2 0.00000000 0.00000000 0.00000000 0.00000000
L 0.00 0.00 0.00 0.00
361849DR0 0.00000000 0.00000000 0.00000000 0.00000000
M 0.00 0.00 0.00 0.00
361849DS8 0.00000000 0.00000000 0.00000000 0.00000000
N 0.00 0.00 0.00 0.00
361849DT6 0.00000000 0.00000000 0.00000000 0.00000000
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
X 1,438,000,263.0 537,136.71 0.00 0.4482%
361849DD1 1000.00000000 0.37353033 0.00000000 0.4482%
A-1 331,827,075.23 1,782,188.55 0.00 6.4110%
361849DE9 994.72424054 5.34250001 0.00000000 6.4110%
A-2 687,393,000.00 3,837,944.25 0.00 6.7000%
361849DF6 1000.00000000 5.58333333 0.00000000 6.7000%
B 28,760,000.00 161,846.90 0.00 6.7530%
361849DG4 1000.00000000 5.62750000 0.00000000 6.7530%
C 64,710,000.00 367,013.55 0.00 6.8060%
361849DH2 1000.00000000 5.67166667 0.00000000 6.8060%
D 75,495,000.00 438,751.78 0.00 6.9740%
361849DJ8 1000.00000000 5.81166673 0.00000000 6.9740%
E 68,305,000.00 407,557.03 0.00 7.1601%
361849DK5 1000.00000000 5.96672323 0.00000000 7.1601%
F 43,140,000.00 257,404.44 0.00 7.1601%
361849DL3 1000.00000000 5.96672323 0.00000000 7.1601%
G 32,355,000.00 193,053.33 0.00 7.1601%
361849DM1 1000.00000000 5.96672323 0.00000000 7.1601%
H 25,165,000.00 150,152.59 0.00 7.1601%
361849DN9 1000.00000000 5.96672323 0.00000000 7.1601%
J 14,380,000.00 85,801.48 0.00 7.1601%
361849DP4 1000.00000000 5.96672323 0.00000000 7.1601%
K 25,165,000.00 140,504.58 0.00 6.7000%
361849DQ2 1000.00000000 5.58333320 0.00000000 6.7000%
L 14,380,000.00 80,288.33 0.00 6.7000%
361849DR0 1000.00000000 5.58333310 0.00000000 6.7000%
M 10,785,000.00 60,216.25 0.00 6.7000%
361849DS8 1000.00000000 5.58333333 0.00000000 6.7000%
N 14,380,263.00 80,289.80 0.00 6.7000%
361849DT6 1000.00000000 5.58333321 0.00000000 6.7000%
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual
(3) Estimated
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Remic III
Statement Date 06/15/98
Payment Date: 06/15/98
Prior Payment:NA
Record Date: 05/29/98
WAC: 7.2771%
WAMM: 132
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
RIII 0.00 0.00
361849DW9 0.00000000 0.00000000
1438000263 1438000263
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
RIII 0.00 0.00 0.00
361849DW9 0.00000000 0.00000000 0.00000000
1759924.77 0 0
Closing Interest Interest Pass-Through
Class Balance Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
RIII 0.00 78.34 0.00
361849DW9 0.00000000 0.00005448 0.00000000
1436240338 8580227.91 0
Total P&I Payme 10340152.68 0
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Remic II
Statement Date 06/15/98
Payment Date: 06/15/98
Prior Payment:NA
Record Date: 05/29/98
WAC: 7.2771%
WAMM: 132
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
LA-1 333,587,000.00 333,587,000.00
None 1000.00000000 1000.00000000
LA-2 687,393,000.00 687,393,000.00
None 1000.00000000 1000.00000000
LB 28,760,000.00 28,760,000.00
None 1000.00000000 1000.00000000
LC 64,710,000.00 64,710,000.00
None 1000.00000000 1000.00000000
LD 75,495,000.00 75,495,000.00
None 1000.00000000 1000.00000000
LE 68,305,000.00 68,305,000.00
None 1000.00000000 1000.00000000
LF 43,140,000.00 43,140,000.00
None 1000.00000000 1000.00000000
LG 32,355,000.00 32,355,000.00
None 1000.00000000 1000.00000000
LH 25,165,000.00 25,165,000.00
None 1000.00000000 1000.00000000
LJ 14,380,000.00 14,380,000.00
None 1000.00000000 1000.00000000
LK 25,165,000.00 25,165,000.00
None 1000.00000000 1000.00000000
LL 14,380,000.00 14,380,000.00
None 1000.00000000 1000.00000000
LM 10,785,000.00 10,785,000.00
None 1000.00000000 1000.00000000
LN 14,380,263.00 14,380,263.00
None 1000.00000000 1000.00000000
RII 0.00 0.00
None 0.00000000 0.00000000
1,438,000,263.00 1,438,000,263.00
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
LA-1 1,759,924.77 0.00 0.00
None 5.27575946 0.00000000 0.00000000
LA-2 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LB 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LC 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LD 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LE 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LF 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LG 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LH 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LJ 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LK 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LL 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LM 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
LN 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
RII 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
1,759,924.77 0.00 0.00
Closing Interest Interest Pass-Through
Class Balance Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
0
LA-1 331,827,075.23 1,990,421.30 0.00 7.1601%
None 994.72424054 5.96672322 0.00000000 7.0861%
LA-2 687,393,000.00 4,101,483.78 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LB 28,760,000.00 171,602.96 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LC 64,710,000.00 386,106.66 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LD 75,495,000.00 450,457.77 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LE 68,305,000.00 407,557.03 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LF 43,140,000.00 257,404.44 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LG 32,355,000.00 193,053.33 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LH 25,165,000.00 150,152.59 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LJ 14,380,000.00 85,801.48 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LK 25,165,000.00 150,152.59 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LL 14,380,000.00 85,801.48 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LM 10,785,000.00 64,351.11 0.00 7.1601%
None 1000.00000000 5.96672323 0.00000000 7.0861%
LN 14,380,263.00 85,803.05 0.00 7.1601%
None 1000.00000000 5.96672328 0.00000000 7.0861%
RII 0.00 78.34 0.00
None 0.00000000 0.00005448 0.00000000
1,436,240,338.2 8,580,227.91 0.00
Total P&I Payme10,340,152.68
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Remic I
Statement Date 06/15/98
Payment Date: 06/15/98
Prior Payment:NA
Record Date: 05/29/98
WAC: 7.2771%
WAMM: 132
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
Regular Intere1,438,013,391.24 1,438,013,391.24
None 1000.00000000 1000.00000000
RI 0.00 0.00
None 0.00000000 0.00000000
1,438,013,391.24 1,438,013,391.24
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
Regular Intere 1,759,924.77 0.00 0.00
None 1.22385840 0.00000000 0.00000000
RI 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
1,759,924.77 0.00 0.00
Closing Interest Interest Pass-Through
Class Balance Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
Regular Intere1,436,253,466.4 8,580,227.91 0.00 7.1601%
None 998.77614160 5.96672323 0.00000000 7.0861%
RI 0.00 0.00 0.00
None 0.00000000 0.00000000 0.00000000
1,436,253,466.4 8,580,227.91
Total P&I Payme10,340,152.68
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Other Related Information
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Accrued Allocation of
CertificatPrepay Interest
Class Interest Shortfall
X 537,136.71 0.00
A-1 1,782,188. 0.00
A-2 3,837,944. 0.00
B 161,846.90 0.00
C 367,013.55 0.00
D 438,751.78 0.00
E 407,557.03 0.00
F 257,404.44 0.00
G 193,053.33 0.00
H 150,152.59 0.00
J 85,801.48 0.00
K 140,504.58 0.00
L 80,288.33 0.00
M 60,216.25 0.00
N 80,289.80 0.00
8,580,149. 0.00
Beginning Payment of
Unpaid Prior Unpaid
Class Interest Interest
X 0.00 0.00
A-1 0.00 0.00
A-2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
J 0.00 0.00
K 0.00 0.00
L 0.00 0.00
M 0.00 0.00
N 0.00 0.00
0.00 0.00
Ending Yield
Unpaid MaintenancePrepayment
Class Interest Premium Premiums
X 0.00 0.00 0.00
A-1 0.00 0.00 0.00
A-2 0.00 0.00 0.00
B 0.00 0.00 0.00
C 0.00 0.00 0.00
D 0.00 0.00 0.00
E 0.00 0.00 0.00
F 0.00 0.00 0.00
G 0.00 0.00 0.00
H 0.00 0.00 0.00
J 0.00 0.00 0.00
K 0.00 0.00 0.00
L 0.00 0.00 0.00
M 0.00 0.00 0.00
N 0.00 0.00 0.00
0.00 0.00 0.00
Advances
Pr Current Period
Principal Interest Principal Interest
Servicer 0.00 0.00 755,362.79 3,709,575.90
Trustee: 0.00 0.00 0.00 0.00
Fiscal Ag 0.00 0.00 0.00 0.00
755,362.79 3,709,575.90
Outstanding
Principal Interest Principal Interest
Servicer 0.00 0.00 755,362.79 3,709,575.90
Trustee: 0.00 0.00 0.00 0.00
Fiscal Ag 0.00 0.00 0.00 0.00
0.00 0.00 755,362.79 3,709,575.90
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Other Related Information
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Current Period Master Servicing Fees Paid: 136,934.39
Additional Master Servicing Compensation: 0.00
Current Period Special Servicing Fees Paid: 0.00
Current Period Workout Fees Paid 0.00
Current Period Liquidation Fees Paid: 0.00
136,934.39
Outstanding Mortgage Loans in Pool
Number of Outstanding Mortgage Loans in Pool: 181
Aggregate Stated Principal Balance before Dis#############
Aggregate Stated Principal Balance after Dist#############
Percentage of Remaining Cut-off Date Principa 99.8776%
Summary of REO Properties
Principal
# PropertyDate of REOBalance
1. 0 01/00/00 0.00
2. 0 01/00/00 0.00
3. 01/00/00 0.00
4. 0 01/00/00 0.00
5. 0 01/00/00 0.00
Date of FinAmount Aggregate Other
Book ValueRecovery of Proceeds Rev. Collected
1. 0.00 01/00/00 0.00 0.00
2. 0.00 01/00/00 0.00 0.00
3. 0.00 01/00/00 0.00 0.00
4. 0.00 01/00/00 0.00 0.00
5. 0.00 01/00/00 0.00 0.00
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Other Related Information
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Summary of Appraisal Reductions
Principal
# PropertyLoan NumberBalance
1. 0 0 0.00
2. 0 0 0.00
3 No Appraisal Reductions as of The Most Recent Due Period
4. 0 0 0.00
5. 0 0 0.00
Appraisal Appraisal Date of
Reduction Date Reduction
1. 0.00 01/00/00 01/00/00
2. 0.00 01/00/00 01/00/00
3.
4. 0.00 01/00/00 01/00/00
5. 0.00 01/00/00 01/00/00
Summary of Repurchased, Liquidated or Disposed Loans
Principal
# PropertyLoan NumberBalance
1. 0 0 0.00
2. 0 0 0.00
3. No Repurchases / Liquidations as of The Most Recent Due
Period
4. 0 0 0.00
5. 0 0 0.00
Date of FinAmount Aggregate Other
Book ValueLiquidationof Proceeds Rev. Collected
1. 0.00 01/00/00 0.00 0.00
2. 0.00 01/00/00 0.00 0.00
3. 01/00/00 0.00 0.00
4. 0.00 01/00/00 0.00 0.00
5. 0.00 01/00/00 0.00 0.00
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Other Related Information
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Maturity Date Extensions (Since Deal Origination)
Maturity Date Number of Cut-off PrinciWeighted Average
Status Loans Balance Extension
Extended 0 0.00 0
In Process * 0 0.00 0
Paid Off ** 0 0.00 0
Paid Off - Extended 0 0.00 0
In Process - Extende 0 0.00 0
Total 0 0.00 0
* In the process of extending at the Special Servicer
** Scheduled Principal Balance as of deal origination
*** Currently Paid Off but had previously been extended
**** Previously extended, in the process of being extended again
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
DistributiDelinq 1 Month Delinq 2 Months
Date # Balance # Balance
06/15/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiDelinq 3+ Months Foreclosure/Bankruptcy
Date # Balance # Balance
06/15/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiREO Modifications
Date # Balance # Balance
06/15/98 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
01/00/00 0 0 0 0
0.00% 0.00% 0.00% 0.00%
DistributiPrepayments Curr Weighted Avg.
Date # Balance Coupon Remit
06/15/98 0 0 7.2771% 7.1601%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.00%
Note: Foreclosure and REO Totals are Included in the
Appropriate Delinque Aging Category
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Delinquent Loan Detail
Paid Outstanding
Disclosure Doc Thru Current P&I P&I
Control # Date Advance Advances**
16084 05/01/98 47,815.01 47,815.01
16173 05/01/98 45,886.06 45,886.06
16174 05/01/98 56,962.01 56,962.01
16223 05/01/98 12,934.58 12,934.58
16304 05/01/98 7,143.15 7,143.15
16510 05/01/98 26,238.68 26,238.68
16522 05/01/98 34,452.79 34,452.79
16571 05/01/98 60,286.61 60,286.61
16658 05/01/98 58,323.09 58,323.09
16686 05/01/98 48,935.47 48,935.47
16691 05/01/98 79,586.71 79,586.71
16695 05/01/98 13,749.88 13,749.88
16721 05/01/98 50,042.67 50,042.67
16761 05/01/98 69,088.42 69,088.42
16762 05/01/98 15,532.56 15,532.56
16801 05/01/98 15,513.29 15,513.29
16809 05/01/98 15,390.42 15,390.42
16835 05/01/98 17,878.71 17,878.71
16847 05/01/98 49,201.90 49,201.90
16848 05/01/98 26,267.23 26,267.23
16849 05/01/98 27,061.20 27,061.20
16851 05/01/98 22,687.54 22,687.54
16866 05/01/98 30,006.35 30,006.35
16867 05/01/98 16,452.34 16,452.34
16868 05/01/98 22,227.77 22,227.77
16869 05/01/98 31,724.22 31,724.22
16870 05/01/98 56,831.46 56,831.46
16871 05/01/98 17,286.58 17,286.58
16872 05/01/98 16,105.60 16,105.60
16873 05/01/98 12,165.69 12,165.69
16874 05/01/98 61,677.32 61,677.32
16875 05/01/98 32,420.94 32,420.94
16876 05/01/98 69,563.26 69,563.26
16877 05/01/98 30,158.13 30,158.13
16878 05/01/98 24,978.45 24,978.45
16879 05/01/98 22,024.38 22,024.38
16880 05/01/98 8,894.84 8,894.84
16882 05/01/98 24,229.32 24,229.32
16883 05/01/98 32,088.05 32,088.05
16884 05/01/98 16,373.17 16,373.17
16885 05/01/98 9,766.92 9,766.92
16886 05/01/98 17,839.05 17,839.05
16887 05/01/98 16,240.23 16,240.23
16888 05/01/98 12,825.38 12,825.38
16889 05/01/98 21,157.47 21,157.47
16890 05/01/98 18,009.76 18,009.76
16891 05/01/98 54,534.94 54,534.94
16892 05/01/98 28,232.43 28,232.43
16893 05/01/98 42,631.72 42,631.72
16894 05/01/98 32,956.10 32,956.10
16895 05/01/98 51,933.95 51,933.95
16896 05/01/98 34,520.39 34,520.39
16897 05/01/98 18,713.46 18,713.46
16898 05/01/98 25,291.21 25,291.21
16954 05/01/98 7,143.05 7,143.05
16956 05/01/98 19,184.19 19,184.19
16958 05/01/98 13,775.88 13,775.88
17032 05/01/98 18,056.34 18,056.34
17034 05/01/98 36,397.24 36,397.24
17054 05/01/98 104,817.93 104,817.93
17075 05/01/98 84,403.01 84,403.01
17102 05/01/98 13,503.74 13,503.74
17194 05/01/98 1,560,309.95 1,560,309.95
8 05/01/98 42,580.34 42,580.34
15 05/01/98 14,669.52 14,669.52
18 05/01/98 414,853.97 414,853.97
5 05/01/98 58,335.42 58,335.42
7 05/01/98 47,964.36 47,964.36
11 05/01/98 28,606.47 28,606.47
19 05/01/98 142,598.92 142,598.92
24 05/01/98 36,278.15 36,278.15
25 05/01/98 33,546.50 33,546.50
26 05/01/98 29,927.83 29,927.83
31 05/01/98 16,840.91 16,840.91
32 05/01/98 15,901.36 15,901.36
34 05/01/98 14,404.75 14,404.75
4,464,938.69 4,464,938.69
Out. Property Special
DisclosureProtectionAdvance Servicer Foreclosure Bankruptcy
Control # Advances DescriptionTransfer Date Date Date
16084 0.00 B
16173 0.00 B
16174 0.00 B
16223 0.00 B
16304 0.00 B
16510 0.00 B
16522 0.00 B
16571 0.00 B
16658 0.00 B
16686 0.00 B
16691 0.00 B
16695 0.00 B
16721 0.00 B
16761 0.00 B
16762 0.00 B
16801 0.00 B
16809 0.00 B
16835 0.00 B
16847 0.00 B
16848 0.00 B
16849 0.00 B
16851 0.00 B
16866 0.00 B
16867 0.00 B
16868 0.00 B
16869 0.00 B
16870 0.00 B
16871 0.00 B
16872 0.00 B
16873 0.00 B
16874 0.00 B
16875 0.00 B
16876 0.00 B
16877 0.00 B
16878 0.00 B
16879 0.00 B
16880 0.00 B
16882 0.00 B
16883 0.00 B
16884 0.00 B
16885 0.00 B
16886 0.00 B
16887 0.00 B
16888 0.00 B
16889 0.00 B
16890 0.00 B
16891 0.00 B
16892 0.00 B
16893 0.00 B
16894 0.00 B
16895 0.00 B
16896 0.00 B
16897 0.00 B
16898 0.00 B
16954 0.00 B
16956 0.00 B
16958 0.00 B
17032 0.00 B
17034 0.00 B
17054 0.00 B
17075 0.00 B
17102 0.00 B
17194 0.00 B
8 0.00 B
15 0.00 B
18 0.00 B
5 0.00 B
7 0.00 B
11 0.00 B
19 0.00 B
24 0.00 B
25 0.00 B
26 0.00 B
31 0.00 B
32 0.00 B
34 0.00 B
0.00
DisclosureREO
Control # Date
0
16084
16173
16174
16223
16304
16510
16522
16571
16658
16686
16691
16695
16721
16761
16762
16801
16809
16835
16847
16848
16849
16851
16866
16867
16868
16869
16870
16871
16872
16873
16874
16875
16876
16877
16878
16879
16880
16882
16883
16884
16885
16886
16887
16888
16889
16890
16891
16892
16893
16894
16895
16896
16897
16898
16954
16956
16958
17032
17034
17054
17075
17102
17194
8
15
18
5
7
11
19
24
25
26
31
32
34
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Pool Total
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Distribution of Principal Balances
Current Scheduled Number Scheduled Based on
Balances of Loans Balance Balance
0.00to 499,999.99 1 411,594.11 0.03%
500,000.00to 999,999.99 6 5,275,297.37 0.37%
##########to 1,999,999.9 2638,037,310.38 2.65%
##########to 2,999,999.9 41100,992,062.4 7.03%
##########to 3,999,999.9 2070,379,470.14 4.90%
##########to 4,999,999.9 1879,692,426.77 5.55%
##########to 5,999,999.9 1372,536,900.83 5.05%
##########to 6,999,999.9 1065,934,891.10 4.59%
##########to 7,999,999.9 966,971,400.97 4.66%
##########to 8,999,999.9 760,985,769.13 4.25%
##########to 9,999,999.9 547,506,807.66 3.31%
##########to 11,999,999. 780,141,016.57 5.58%
##########to 13,999,999. 113,366,985.85 0.93%
##########to 16,999,999. 695,099,923.10 6.62%
##########to 31,999,999. 246,130,765.90 3.21%
##########to ########### 9592,790,844.1 41.27%
Total 181############# 100.00%
Average Scheduled Balance is ########
Maximum Scheduled Balance is ########
Minimum Scheduled Balance is ########
Distribution of Property Types
Number Scheduled Based on
Property Types of Loans Balance Balance
Other 13428,361,340.6 29.82%
Retail 40273,715,981.8 19.06%
Multifamily 60238,956,638.6 16.64%
Lodging 10167,924,209.2 11.69%
Office 25155,735,528.1 10.84%
Health Care 1362,984,966.77 4.39%
Mixed Use 859,951,561.77 4.17%
Industrial 1144,432,991.94 3.09%
Mobile Home 1 4,190,247.48 0.29%
Total 181############# 100.00%
Distribution of Mortgage Interest Rates
Current Mortgage Number Scheduled Based on
Interest Rate of Loans Balance Balance
6.0000%or less 0 0.00 0.00%
6.0000%to 6.2500% 0 0.00 0.00%
6.2500%to 6.5000% 0 0.00 0.00%
6.5000%to 6.7500% 243,506,530.72 3.03%
6.7500%to 7.0000% 16387,369,546.2 26.97%
7.0000%to 7.2500% 68391,967,785.8 27.29%
7.2500%to 7.5000% 51410,453,044.3 28.58%
7.5000%to 7.7500% 28131,102,195.0 9.13%
7.7500%to 8.0000% 942,537,716.66 2.96%
8.0000%to 8.2500% 310,561,441.31 0.74%
8.2500%to 8.5000% 314,586,609.76 1.02%
8.5000%to 8.7500% 0 0.00 0.00%
8.7500%to 9.2500% 1 4,168,596.56 0.29%
Total 181############# 100.00%
W/Avg Mortgage Interest Rate is 7.2017%
Minimum Mortgage Interest Rate is 6.7000%
Maximum Mortgage Interest Rate is 8.8750%
Geographic Distribution
Number Scheduled Based on
Geographic Location of Loans Balance Balance
Oregon 10398,096,469.69 27.72%
New York 13152,040,585.93 10.59%
California 25134,183,864.98 9.34%
Arizona 22 97,669,298.84 6.80%
Texas 19 84,394,332.63 5.88%
District of Columbia 3 64,855,565.30 4.52%
Washington 4 62,960,107.42 4.38%
Florida 11 54,387,808.39 3.79%
Minnesota 3 51,517,843.55 3.59%
Maryland 8 37,372,974.40 2.60%
Oregon 5 35,954,353.06 2.50%
Michigan 6 34,470,920.70 2.40%
Virginia 5 26,886,038.34 1.87%
Georgia 10 24,967,249.41 1.74%
Utah 4 24,013,709.84 1.67%
Massachusetts 3 23,136,610.73 1.61%
Missouri 5 21,423,278.66 1.49%
Rhode Island 2 17,277,638.44 1.20%
Illinois 3 15,789,297.50 1.10%
Pennsylvania 2 12,938,635.79 0.90%
North Carolina 3 10,509,072.29 0.73%
New Jersey 4 8,976,188.11 0.62%
Colorado 1 6,967,578.37 0.49%
Nebraska 1 6,141,291.28 0.43%
Nevada 1 5,729,815.33 0.40%
Connecticut 2 4,623,578.05 0.32%
Wisconsin 1 4,533,577.99 0.32%
Kentucky 1 3,494,662.48 0.24%
Tennessee 1 3,488,777.27 0.24%
Arkansas 1 2,678,598.15 0.19%
Other 2 4,773,743.55 0.33%
Total 1811,436,253,466. 100.00%
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Pool Total
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Loan Seasoning
Number Scheduled Based on
Number of Years of Loans Balance Balance
1 year or less 1791,429,187,543. 99.51%
1+ to 2 years 0 0.00 0.00%
2+ to 3 years 2 7,065,923.24 0.49%
3+ to 4 years 0 0.00 0.00%
4+ to 5 years 0 0.00 0.00%
5+ to 6 years 0 0.00 0.00%
6+ to 7 years 0 0.00 0.00%
7+ to 8 years 0 0.00 0.00%
8+ to 9 years 0 0.00 0.00%
9+ to 10 years 0 0.00 0.00%
10 years or more 0 0.00 0.00%
Total 1811,436,253,466. 100.00%
Weighted Avera 0.3
Distribution of Remaining Term
Fully Amortizing
Fully Amortizing Number Scheduled Based on
Mortgage Loans of Loans Balance Balance
60 months or less 423,570,019.11 1.64%
61 to 120 months 4 7,782,153.52 0.54%
121 to 180 months 36130,682,111.9 9.10%
181 to 240 months 0 0.00 0.00%
241 to 360 months 0 0.00 0.00%
Total 44162,034,284.5 11.28%
Weighted Aver 209
Distribution of DSCR
Debt Service Number Scheduled Based on
Coverage Ratio (1) of Loans Balance Balance
1or less 220,266,503.93 1.41%
1.0001to 1.1 518,365,212.28 1.28%
1.1001to 1.2 1 1,647,973.97 0.11%
1.2001to 1.3 435,524,791.05 2.47%
1.3001to 1.4 23152,506,378.2 10.62%
1.4001to 1.5 42357,511,860.3 24.89%
1.5001to 1.6 26332,206,520.1 23.13%
1.6001to 1.7 17109,807,009.3 7.65%
1.7001to 1.8 1037,448,019.20 2.61%
1.8001to 1.9 666,595,476.30 4.64%
1.9001to 2 21143,890,776.3 10.02%
2.0001to 2.1 1244,310,316.92 3.09%
2.1001to 2.2 595,912,891.61 6.68%
2.2001to 2.4 414,147,963.82 0.99%
2.4001& above 3 6,111,772.97 0.43%
Unknown 0 0.00 0.00%
Total 181############# 100.00%
Weighted Average Debt Service Coverage Ratio is 1.630
Distribution of Amortization Type
Number Scheduled Based on
Amortization Type of Loans Balance Balance
Fully Amortizing 44162,034,284.53 11.28%
Amortizing Balloon 1371,274,219,181. 88.72%
Total 1811,436,253,466. 100.00%
Distribution of Remaining Term
Balloon Loans
Balloon Number Scheduled Based on
Mortgage Loans of Loans Balance Balance
12 months or less 0 0.00 0.00%
13 to 24 months 0 0.00 0.00%
25 to 36 months 0 0.00 0.00%
37 to 48 months 0 0.00 0.00%
49 to 60 months 1 6,503,077.36 0.45%
61 to 120 months 117############# 74.16%
121 to 180 months 18198,534,215.0 13.82%
181 to 240 months 1 4,026,626.46 0.28%
Total 137############# 88.72%
Weighted Aver 122
NOI Aging
Number Scheduled Based on
NOI Date of Loans Balance Balance
1 year or less 0 0.00 0.00%
1 to 2 years 0 0.00 0.00%
2 Years or More 0 0.00 0.00%
Unknown 181############# 100.00%
Total 181############# 100.00%
(1) Debt Service Coverage Ratios are calculated as described
in the prospectus are updated periodically as new NOI figures
became available from borrowers on an asset level.
Neither the Trustee, Servicer, Special Servicer or
Underwriter makes representation as to the accuracy of the
data provided by the borrower for this calculation.
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Loan Level Detail
Property
Disclosure Type Maturity
Control # Group Code Date
1GMAC98C1 Other 11/01/07
2GMAC98C1 Retail 01/01/08
3GMAC98C1 Retail 03/01/13
4GMAC98C1 Other 12/01/07
5GMAC98C1 Retail 03/01/08
7GMAC98C1 Retail 12/01/07
8GMAC98C1 Industrial 12/01/10
9GMAC98C1 Office 03/01/08
10GMAC98C1 Retail 03/01/08
11GMAC98C1 Mobile Home 03/01/08
12GMAC98C1 Mixed Use 03/01/08
13GMAC98C1 Industrial 03/01/08
14GMAC98C1 Lodging 03/01/13
15GMAC98C1 Industrial 12/01/10
16GMAC98C1 Mixed Use 03/01/08
17GMAC98C1 Multifamily 03/01/08
18GMAC98C1 Other 01/01/08
19GMAC98C1 Office 04/01/08
23GMAC98C1 Retail 04/01/13
24GMAC98C1 Retail 04/01/13
25GMAC98C1 Retail 04/01/13
26GMAC98C1 Mixed Use 03/01/08
27GMAC98C1 Industrial 04/01/08
28GMAC98C1 Retail 04/01/08
30GMAC98C1 Office 04/01/08
31GMAC98C1 Office 04/01/08
32GMAC98C1 Retail 04/01/08
33GMAC98C1 Other 04/01/08
34GMAC98C1 Multifamily 04/01/13
15888GMAC98C1 Retail 01/01/08
16084GMAC98C1 Mixed Use 03/01/08
16145GMAC98C1 Retail 01/01/08
16173GMAC98C1 Health Care 01/01/08
16174GMAC98C1 Health Care 01/01/08
16223GMAC98C1 Health Care 01/01/08
16257GMAC98C1 Retail 01/31/08
16288GMAC98C1 Multifamily 02/01/08
16304GMAC98C1 Multifamily 01/01/05
16305GMAC98C1 Multifamily 12/01/04
16424GMAC98C1 Retail 12/01/07
16458GMAC98C1 Retail 12/01/07
16482GMAC98C1 Health Care 01/01/13
16498GMAC98C1 Office 01/31/08
16510GMAC98C1 Health Care 01/01/08
16517GMAC98C1 Health Care 03/01/08
16522GMAC98C1 Lodging 10/01/07
16539GMAC98C1 Lodging 04/01/08
16547GMAC98C1 Mixed Use 02/01/13
16553GMAC98C1 Office 12/01/07
16571GMAC98C1 Retail 12/01/07
16592GMAC98C1 Office 04/01/08
16598GMAC98C1 Industrial 12/01/07
16609GMAC98C1 Industrial 03/01/08
16614GMAC98C1 Other 03/01/05
16632GMAC98C1 Lodging 12/31/07
16633GMAC98C1 Lodging 12/31/07
16658GMAC98C1 Retail 11/30/07
16662GMAC98C1 Office 04/01/08
16662GMAC98C1 Office 04/01/08
16665GMAC98C1 Retail 01/01/08
16666GMAC98C1 Retail 01/01/08
16686GMAC98C1 Health Care 12/01/07
16691GMAC98C1 Retail 01/01/08
16695GMAC98C1 Retail 03/01/13
16708GMAC98C1 Multifamily 12/31/07
16717GMAC98C1 Health Care 03/01/08
16721GMAC98C1 Health Care 03/01/08
16724GMAC98C1 Multifamily 12/01/07
16725GMAC98C1 Multifamily 12/01/07
16726GMAC98C1 Multifamily 12/01/07
16731GMAC98C1 Retail 07/01/13
16734GMAC98C1 Retail 01/30/08
16739GMAC98C1 Office 01/01/18
16757GMAC98C1 Office 03/01/08
16761GMAC98C1 Other 01/01/05
16762GMAC98C1 Industrial 01/01/08
16773GMAC98C1 Multifamily 12/01/04
16797GMAC98C1 Retail 07/01/10
16801GMAC98C1 Retail 03/01/08
16807GMAC98C1 Retail 02/01/08
16809GMAC98C1 Industrial 02/01/08
16810GMAC98C1 Retail 01/01/09
16825GMAC98C1 Health Care 12/01/07
16826GMAC98C1 Health Care 12/01/07
16835GMAC98C1 Retail 02/01/10
16837GMAC98C1 Retail 12/10/07
16847GMAC98C1 Multifamily 01/01/08
16848GMAC98C1 Multifamily 01/01/08
16849GMAC98C1 Office 03/01/08
16851GMAC98C1 Multifamily 01/01/08
16861GMAC98C1 Retail 04/01/08
16863GMAC98C1 Health Care 03/01/08
16866GMAC98C1 Multifamily 11/01/17
16867GMAC98C1 Multifamily 11/01/17
16868GMAC98C1 Multifamily 11/01/17
16869GMAC98C1 Multifamily 11/01/17
16870GMAC98C1 Multifamily 11/01/17
16871GMAC98C1 Multifamily 11/01/17
16872GMAC98C1 Multifamily 11/01/17
16873GMAC98C1 Multifamily 11/01/17
16874GMAC98C1 Multifamily 11/01/17
16875GMAC98C1 Multifamily 11/01/17
16876GMAC98C1 Multifamily 11/01/17
16877GMAC98C1 Multifamily 11/01/17
16878GMAC98C1 Multifamily 11/01/17
16879GMAC98C1 Multifamily 11/01/17
16880GMAC98C1 Multifamily 11/01/17
16881GMAC98C1 Multifamily 11/01/17
16882GMAC98C1 Multifamily 11/01/17
16883GMAC98C1 Multifamily 11/01/17
16884GMAC98C1 Multifamily 11/01/17
16885GMAC98C1 Multifamily 11/01/17
16886GMAC98C1 Multifamily 11/01/17
16887GMAC98C1 Multifamily 11/01/17
16888GMAC98C1 Multifamily 11/01/17
16889GMAC98C1 Multifamily 11/01/17
16890GMAC98C1 Multifamily 11/01/17
16891GMAC98C1 Multifamily 11/01/17
16892GMAC98C1 Multifamily 11/01/17
16893GMAC98C1 Multifamily 11/01/17
16894GMAC98C1 Multifamily 11/01/17
16895GMAC98C1 Multifamily 11/01/17
16896GMAC98C1 Multifamily 11/01/17
16897GMAC98C1 Multifamily 11/01/17
16898GMAC98C1 Multifamily 11/01/17
16908GMAC98C1 Multifamily 01/01/08
16910GMAC98C1 Retail 03/01/08
16916GMAC98C1 Other 01/01/08
16924GMAC98C1 Other 01/01/08
16928GMAC98C1 Multifamily 01/01/08
16929GMAC98C1 Retail 03/01/08
16937GMAC98C1 Office 12/31/12
16940GMAC98C1 Retail 03/01/08
16942GMAC98C1 Retail 03/01/08
16947GMAC98C1 Lodging 06/01/08
16948GMAC98C1 Industrial 02/01/08
16952GMAC98C1 Mixed Use 01/01/08
16953GMAC98C1 Office 01/01/08
16954GMAC98C1 Office 01/01/08
16955GMAC98C1 Office 01/01/08
16956GMAC98C1 Mixed Use 01/01/08
16957GMAC98C1 Office 01/01/08
16958GMAC98C1 Office 01/01/09
16959GMAC98C1 Office 02/01/08
16960GMAC98C1 Multifamily 02/01/08
16964GMAC98C1 Multifamily 01/01/08
16971GMAC98C1 Office 03/01/07
16975GMAC98C1 Mixed Use 02/01/08
16987GMAC98C1 Lodging 06/01/13
16988GMAC98C1 Lodging 06/01/13
16996GMAC98C1 Other 03/01/13
16997GMAC98C1 Office 03/01/13
16998GMAC98C1 Retail 03/01/18
16999GMAC98C1 Retail 03/01/18
17000GMAC98C1 Multifamily 01/01/08
17004GMAC98C1 Office 03/01/08
17028GMAC98C1 Office 03/01/08
17032GMAC98C1 Multifamily 02/01/08
17034GMAC98C1 Retail 02/01/08
17049GMAC98C1 Health Care 03/01/08
17054GMAC98C1 Retail 03/01/08
17056GMAC98C1 Other 02/01/08
17063GMAC98C1 Multifamily 02/01/08
17070GMAC98C1 Multifamily 02/01/03
17075GMAC98C1 Multifamily 03/01/08
17088GMAC98C1 Other 07/01/08
17093GMAC98C1 Office 12/10/04
17102GMAC98C1 Multifamily 02/01/08
17108GMAC98C1 Retail 03/01/08
17113GMAC98C1 Multifamily 03/01/08
17118GMAC98C1 Multifamily 03/01/08
17119GMAC98C1 Multifamily 03/01/08
17162GMAC98C1 Other 03/01/08
17169GMAC98C1 Multifamily 03/01/08
17177GMAC98C1 Office 03/01/08
17194GMAC98C1 Other 02/01/08
17223GMAC98C1 Office 02/01/05
17232GMAC98C1 Industrial 03/01/08
17236GMAC98C1 Retail 04/01/08
17239GMAC98C1 Lodging 04/01/08
17279GMAC98C1 Lodging 07/01/08
17353GMAC98C1 Industrial 02/10/08
Operating Ending
Disclosure Statement Principal Note
Control # DSCR Date State Balance Rate
1 1.69 OT 36,070,399 6.9800%
2 1.46 FL 11,953,090 7.3000%
3 1.38 MD 11,225,540 7.6500%
4 1.42 OT 9,035,437 7.3670%
5 1.43 CA 8,877,726 6.9400%
7 1.45 CO 6,967,578 7.3800%
8 1.27 MD 5,255,369 7.5500%
9 1.69 AZ 4,981,608 7.0800%
10 1.39 WI 4,533,578 7.2000%
11 1.39 FL 4,190,247 7.3200%
12 1.38 MA 4,089,998 7.0700%
13 1.73 MA 2,734,166 7.0500%
14 1.7 CA 2,491,396 7.5000%
15 1.47 MD 1,810,555 7.5500%
16 1.49 NJ 1,441,564 7.2000%
17 1.48 MI 1,026,321 7.2650%
18 1.43 OT 61,750,022 7.1430%
19 1.63 NY 20,728,498 7.4050%
23 1.94 CA 7,287,735 6.8900%
24 1.54 AZ 5,431,248 7.1100%
25 1.46 CA 4,992,050 7.1700%
26 1.56 NY 3,986,733 7.7300%
27 1.51 VA 3,794,135 7.3200%
28 1.52 KY 3,494,662 7.3800%
30 1.75 NJ 2,895,524 7.3200%
31 1.64 NY 2,496,057 7.2100%
32 1.66 NY 2,194,839 7.3400%
33 1.67 OT 2,094,808 7.0100%
34 1.34 NY 1,589,988 7.1300%
15888 1.41 RI 15,640,303 7.4400%
16084 1.41 NY 6,192,669 8.1250%
16145 1.74 TX 2,715,082 7.6600%
16173 1.51 PA 5,772,622 8.4500%
16174 1.93 PA 7,166,014 8.4500%
16223 1.2 CA 1,647,974 8.3000%
16257 1.77 MI 6,973,293 7.1000%
16288 1.46 TX 2,691,122 7.0300%
16304 1.47 FL 1,033,104 7.5000%
16305 1.46 FL 637,176 7.6250%
16424 1.52 TX 2,737,733 7.5700%
16458 1.46 CA 4,629,988 7.7500%
16482 5.38 CA 985,660 8.2400%
16498 1.98 NJ 2,249,714 7.5700%
16510 1.73 CA 3,383,113 8.1600%
16517 1.35 WA 2,192,750 7.7700%
16522 1.75 CA 4,168,597 8.8750%
16539 1.87 WA 48,885,040 7.3400%
16547 2.19 NY 34,892,165 7.3600%
16553 1.43 CA 5,701,089 7.9000%
16571 1.41 OR 8,661,115 7.5600%
16592 1.42 AZ 5,192,742 7.6250%
16598 1.55 CA 993,323 7.7500%
16609 1.41 MA 16,312,447 7.3750%
16614 1.52 OT 13,366,986 7.0200%
16632 1.95 WA 5,668,388 7.7500%
16633 2.21 WA 6,213,930 7.5000%
16658 1.41 TX 8,362,605 7.5800%
16662 1.64 CA 1,647,543 7.5000%
16662 1.64 CA 1,647,543 7.5000%
16665 1.66 VA 2,278,356 7.4700%
16666 1.57 VA 1,593,952 7.4700%
16686 1.09 MO 6,800,730 7.2800%
16691 1.42 UT 11,556,067 7.4600%
16695 1.56 CA 1,486,324 7.5000%
16708 1.52 AZ 1,412,281 7.8750%
16717 2.89 TN 3,488,777 7.9400%
16721 1.69 FL 6,677,956 7.7800%
16724 1.36 AZ 7,862,460 7.2500%
16725 1.44 AZ 8,957,233 7.2500%
16726 1.3 AZ 5,573,390 7.2500%
16731 1.56 VA 4,026,626 7.5000%
16734 1.86 CT 903,397 7.5400%
16739 1.71 NE 6,141,291 7.2100%
16757 1.5 NC 3,262,301 7.2500%
16761 1.37 TX 9,962,649 7.5300%
16762 1.64 FL 2,192,135 7.7500%
16773 1.47 FL 1,244,485 7.6250%
16797 1.03 CT 3,720,181 7.1250%
16801 1.38 UT 2,294,628 7.2900%
16807 1.39 CA 7,471,426 7.4300%
16809 1.5 MN 2,342,227 7.0000%
16810 1.38 CA 25,402,268 7.4000%
16825 1.28 TX 9,383,091 7.3800%
16826 1.33 TX 11,170,347 7.3800%
16835 1.51 NJ 2,389,386 7.7500%
16837 1.47 MN 44,815,223 7.0500%
16847 1.34 MD 7,172,514 7.4200%
16848 1.35 MD 3,825,370 7.4300%
16849 1.53 NC 3,990,712 7.3200%
16851 1.34 MD 3,307,326 7.4200%
16861 1.86 UT 997,673 7.3900%
16863 2.07 AR 2,678,598 7.9800%
16866 1.94 AZ 3,863,100 7.0190%
16867 1.94 AZ 2,118,120 7.0190%
16868 2.05 AZ 2,861,665 7.0190%
16869 2 AZ 4,084,264 7.0190%
16870 1.95 AZ 7,316,640 7.0190%
16871 2.02 AZ 2,225,523 7.0190%
16872 1.94 AZ 2,073,479 7.0190%
16873 1.93 AZ 1,566,245 7.0190%
16874 1.92 AZ 7,940,510 7.0190%
16875 2.03 AZ 4,173,962 7.0190%
16876 1.93 AZ 8,955,767 7.0190%
16877 2.04 AZ 3,882,642 7.0190%
16878 1.99 AZ 3,215,794 7.0190%
16879 1.99 AZ 2,835,480 7.0190%
16880 2.04 AZ 1,145,147 7.0190%
16881 1.97 TX 1,224,684 7.0190%
16882 2.33 TX 3,119,350 7.0190%
16883 2.05 TX 4,131,105 7.0190%
16884 1.92 TX 2,107,927 7.0190%
16885 2.04 TX 1,257,420 7.0190%
16886 2.01 TX 2,296,650 7.0190%
16887 2.25 TX 2,090,813 7.0190%
16888 2.17 TX 1,651,176 7.0190%
16889 2.35 TX 2,723,871 7.0190%
16890 2.01 TX 2,318,627 7.0190%
16891 2.03 FL 7,020,979 7.0190%
16892 1.89 GA 3,634,721 7.0190%
16893 1.9 GA 5,488,526 7.0190%
16894 1.93 GA 4,242,859 7.0190%
16895 1.9 IL 6,686,120 7.0190%
16896 1.94 MI 4,444,251 7.0190%
16897 2.13 MI 2,409,223 7.0190%
16898 1.98 NC 3,256,059 7.0190%
16908 1.33 NY 5,515,000 7.2700%
16910 1.45 ID 2,294,444 7.1200%
16916 1.52 OT 9,960,287 7.2200%
16924 1.45 OT 1,683,590 7.0500%
16928 1.39 CA 3,030,000 7.0700%
16929 1.44 IL 3,367,054 7.2500%
16937 2.13 NY 45,000,000 6.8500%
16940 1.66 FL 2,993,193 7.0500%
16942 1.37 NV 5,729,815 7.3750%
16947 2.13 FL 11,960,326 7.7500%
16948 1.61 CA 2,990,058 6.9900%
16952 1.59 GA 758,069 7.3750%
16953 1.68 GA 1,135,609 7.3750%
16954 1.67 GA 1,045,956 7.3750%
16955 1.54 GA 2,042,104 7.3750%
16956 1.54 GA 2,809,138 7.3750%
16957 1.57 GA 1,793,067 7.3750%
16958 1.48 GA 2,017,200 7.3750%
16959 1.42 FL 4,485,116 7.0000%
16960 1.67 UT 9,165,343 6.7000%
16964 1.39 MI 16,924,165 6.7900%
16971 1.07 MO 1,666,179 7.2500%
16975 1.43 CA 5,781,226 7.1100%
16987 1.7 OR 8,623,256 7.7700%
16988 2.03 OR 10,318,000 7.7700%
16996 1.57 OR 4,989,280 7.7200%
16997 1.75 OR 3,362,702 7.6700%
16998 1.03 MO 2,783,386 6.8000%
16999 1.03 MO 3,394,736 6.8000%
17000 1.44 NY 1,445,010 7.9400%
17004 1.45 CA 8,548,068 7.1300%
17028 1.52 IL 5,736,123 7.1250%
17032 1.58 MD 2,790,463 6.8500%
17034 1.31 MN 4,360,393 7.3750%
17049 3.14 RI 1,637,336 7.6200%
17054 1.43 VA 15,192,969 7.3900%
17056 1.5 OT 34,341,188 6.7500%
17063 1.41 MO 6,778,248 7.1700%
17070 1.36 CA 6,503,077 6.9200%
17075 1.57 TX 11,957,647 7.0100%
17088 1.25 CA 15,312,941 7.6300%
17093 1 NY 15,717,098 6.9100%
17102 1.56 MD 1,985,838 7.3400%
17108 1.41 CA 2,294,959 7.6100%
17113 1.39 MI 2,693,668 7.2700%
17118 1.75 DC 2,581,818 7.6000%
17119 1.95 DC 411,594 7.6000%
17162 1.49 OT 4,619,099 7.2500%
17169 1.48 DE 2,479,300 7.0000%
17177 1.49 CA 1,406,790 7.4200%
17194 1.6 OT 225,174,655 6.8100%
17223 1.74 TX 2,492,434 7.4500%
17232 1.4 CA 1,459,171 7.4200%
17236 1.5 CA 5,691,362 7.2300%
17239 1.96 DC 61,862,154 7.5000%
17279 1.56 NY 7,733,124 7.6250%
17353 1 NY 4,549,406 6.9100%
#############
Loan
DisclosureScheduled Prepayment Status
Control # P&I Prepayment Date Code (1)
1331,265.50 0.00
2 82,268.51 0.00
3 79,820.36 0.00
4 66,462.97 0.00
5 58,853.72 0.00 B
7 48,371.12 0.00 B
8 42,887.47 0.00 B
9 35,594.54 0.00
10 32,741.29 0.00
11 28,851.09 0.00 B
12 27,470.42 0.00
13 21,403.33 0.00
14 18,475.17 0.00
15 14,775.33 0.00 B
16 9,808.49 0.00
17 7,454.87 0.00
18418,459.01 0.00 B
19143,809.00 0.00 B
23 48,028.99 0.00
24 36,595.23 0.00 B
25 33,837.93 0.00 B
26 30,160.65 0.00 B
27 26,103.36 0.00
28 24,185.58 0.00
30 19,921.00 0.00
31 16,986.63 0.00 B
32 16,029.54 0.00 B
33 14,855.75 0.00
34 14,497.79 0.00 B
15888109,132.36 0.00
16084 48,460.75 0.00 B
16145 19,353.03 0.00
16173 46,507.90 0.00 B
16174 57,733.95 0.00 B
16223 13,112.11 0.00 B
16257 48,034.57 0.00
16288 18,017.60 0.00
16304 7,250.85 0.00 B
16305 4,529.88 0.00
16424 19,360.39 0.00
16458 33,313.17 0.00
16482 9,695.59 0.00
16498 16,804.24 0.00
16510 26,603.14 0.00 B
16517 16,646.13 0.00
16522 34,887.44 0.00 B
16539357,021.52 0.00
16547241,378.60 0.00
16553 41,609.61 0.00
16571 61,189.50 0.00 B
16592 37,207.46 0.00
16598 7,553.29 0.00
16609112,925.39 0.00
16614 89,330.59 0.00
16632 43,053.74 0.00
16633 46,186.95 0.00
16658 59,194.86 0.00 B
16662 11,537.04 0.00
16662 11,537.04 0.00
16665 15,944.08 0.00
16666 11,154.58 0.00
16686 49,644.74 0.00 B
16691 80,791.40 0.00 B
16695 13,905.19 0.00 B
16708 10,842.47 0.00
16717 26,874.60 0.00
16721 50,739.06 0.00 B
16724 53,891.93 0.00
16725 61,395.87 0.00
16726 38,201.87 0.00
16731 29,929.14 0.00
16734 7,353.17 0.00
16739 48,853.16 0.00
16757 22,307.16 0.00
16761 70,126.99 0.00 B
16762 15,761.07 0.00 B
16773 8,847.42 0.00
16797 38,337.79 0.00
16801 15,752.50 0.00 B
16807 52,082.06 0.00
16809 15,634.61 0.00 B
16810176,556.85 0.00
16825 69,098.72 0.00
16826 82,260.38 0.00
16835 18,127.89 0.00 B
16837300,898.74 0.00
16847 49,949.62 0.00 B
16848 26,666.02 0.00 B
16849 27,477.22 0.00 B
16851 23,032.32 0.00 B
16861 7,318.51 0.00
16863 20,912.13 0.00
16866 30,409.56 0.00 B
16867 16,673.42 0.00 B
16868 22,526.46 0.00 B
16869 32,150.52 0.00 B
16870 57,595.14 0.00 B
16871 17,518.87 0.00 B
16872 16,322.02 0.00 B
16873 12,329.17 0.00 B
16874 62,506.12 0.00 B
16875 32,856.60 0.00 B
16876 70,498.03 0.00 B
16877 30,563.39 0.00 B
16878 25,314.10 0.00 B
16879 22,320.34 0.00 B
16880 9,014.37 0.00 B
16881 9,640.47 0.00
16882 24,554.91 0.00 B
16883 32,519.24 0.00 B
16884 16,593.19 0.00 B
16885 9,898.16 0.00 B
16886 18,078.77 0.00 B
16887 16,458.47 0.00 B
16888 12,997.73 0.00 B
16889 21,441.77 0.00 B
16890 18,251.77 0.00 B
16891 55,267.76 0.00 B
16892 28,611.81 0.00 B
16893 43,204.59 0.00 B
16894 33,398.95 0.00 B
16895 52,631.82 0.00 B
16896 34,984.27 0.00 B
16897 18,964.93 0.00 B
16898 25,631.06 0.00 B
16908 33,411.71 0.00
16910 15,487.76 0.00
16916 68,014.26 0.00
16924 13,231.15 0.00
16928 17,851.75 0.00
16929 23,023.45 0.00
16937265,437.50 0.00
16940 20,271.93 0.00
16942 42,025.58 0.00
16947 90,639.46 0.00
16948 19,938.93 0.00
16952 5,256.04 0.00
16953 7,873.70 0.00
16954 7,252.09 0.00 B
16955 14,158.84 0.00
16956 19,477.04 0.00 B
16957 12,432.15 0.00
16958 13,986.17 0.00 B
16959 29,938.61 0.00
16960 59,947.30 0.00
16964111,819.35 0.00
16971 21,476.57 0.00
16975 39,016.97 0.00
16987 66,109.34 0.00
16988 79,101.92 0.00
16996 35,717.01 0.00
16997 23,957.06 0.00
16998 21,373.51 0.00
16999 26,068.05 0.00
17000 10,579.00 0.00
17004 58,361.84 0.00
17028 38,738.82 0.00
17032 18,347.26 0.00 B
17034 36,852.49 0.00 B
17049 19,969.46 0.00
17054106,454.33 0.00 B
17056238,502.66 0.00
17063 46,019.58 0.00
17070 43,060.98 0.00
17075 85,691.56 0.00 B
17088115,110.04 0.00
17093248,271.16 0.00
17102 13,710.76 0.00 B
17108 16,255.53 0.00
17113 18,455.40 0.00
17118 18,269.68 0.00
17119 2,912.56 0.00
17162 31,584.76 0.00
17169 16,706.78 0.00
17177 9,781.80 0.00
171941,584,575. 0.02 B
17223 17,394.85 0.00
17232 10,146.02 0.00
17236 39,218.52 0.00
17239462,638.91 0.00
17279 58,473.47 0.00
17353 50,000.00 0.00
0.02
* NOI and DSCR, if available and reportable under the
terms of the trust are based on information obtained from the
related borrower, and no other agreement shall be held liable
for the accuracy or methodology used to determine such figures.
(1) Legend:
A. P&I Adv - in Grace Period
B. P&I Adv - < one month delinq
1. P&I Adv - delinquent 1 month
2. P&I Adv - delinquent 2 months
3. P&I Adv - delinquent 3+ months
4. Mat. Balloon/Assumed P&I
5. Prepaid in Full
6. Specially Serviced
7. Foreclosure
8. Bankruptcy
9. REO
10. DPO
11. Modification
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Beginning
DisclosureScheduled Interest Maturity
Control # Balance Rate Date
0
Specially Serviced Loan Detail
Specially
DisclosureProperty Serviced
Control # Type Status CodeComments
0 0
0 0
0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
(1) Legend :
1) Request for waiver of Prepayment Penalty
2) Payment default
3) Request for Loan Modification or Workout
4) Loan with Borrower Bankruptcy
5) Loan in Process of Foreclosure
6) Loan now REO Property
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Statement Date: 06/15/98
Payment Date: 06/15/98
Prior Payment: NA
Record Date: 05/29/98
Modified Loan Detail
DisclosureModificatiModification
Control # Date Description
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
0 01/00/00 0
ABN AMRO
LaSalle National Bank
Administrator:
Ann Geraghty (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
GMAC Commercial Mortgage Securities, Inc.
GMAC Commercial Mortgage Corporation as Servicer
Mortgage Pass-Through Certificates
Series 1998-C1
ABN AMRO Acct: 677923203
Statement 06/15/98
Payment Da 06/15/98
Prior PaymNA
Record Dat 05/29/98
Realized Loss Detail
Beginning
Dist. DisclosureAppraisal Appraisal Scheduled
Date Control # Date Value Balance
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
01/00/00 0 01/00/00 0.00 0.00
Current Total 0.00
Cumulative 0.00
Gross ProceAggregate Net Net Proceeds
Dist. Gross as a % of Liquidation Liquidation as a % oRealized
Date Proceeds Sched PrincExpenses * Proceeds Sched. BLoss
01/00/00 0.00 0.00
01/00/00 0.00 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
01/00/00 0.00 0.00% 0.00 0.00 0.00% 0.00
Current To 0.00 0.00 0.00 0.00
Cumulative 0.00 0.00 0.00 0.00
* Aggregate liquidation expenses also include outstanding
P&I advance servicing fees, unpaid trustee fees, etc..
_
