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 : March 15, 1999
(Date of earliest event reported)
Commission File No.: 333-64963
GMAC Commercial Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Series 1999-C1
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
Pending
(I.R.S. Employer Identification No.)
c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, Maryland 21044
(Address of principal executive offices) (Zip Code)
(410) 884-2000
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
ITEM 5. Other Events
On March 15, 1999 a distribution was made to holders of GMAC Commercial
Mortgage Securities, Inc., Mortgage Pass-Through Certificates
Series 1999-C1
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 1999-C1, relating to the
March 15, 1998 distribution
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
GMAC Commercial Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Series 1999-C1
March 25, 1999 by Norwest Bank Minnesota, N.A., as Trustee
/s/ Sherri J. Sharps, Vice President
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 1999-C1, relating to the
March 15, 1999 distribution
Norwest Bank Minnesota, N. A.
Corporate Trust Services GMAC Commercial Mortgage Securities, Inc.
3 New York Plaza, 15th Floor Mortgage Pass-Through Certificates
New York, NY 10004 Series 1999-C1
For Additional Information, please contact
Leslie Gaskill
(212)515-5254
Reports Available on the World Wide Web
@ www.securitieslink.net/cmbs
Payment Date: 03/15/99
Record Date: 02/26/99
TRUSTEE REPORT
Table of Contents
STATEMENT SECTIONS PAGE(s)
Certificate Distribution Detail 2
Certificate Factor Detail 3
Reconciliation Detail 4
Other Required Information 5
Ratings Detail 6
Current Mortgage Loan and Property Stratification Tables 7-9
Mortgage Loan Detail 10-16
Principal Prepayment Detail 17
Historical Detail 18
Delinquency Loan Detail 19-20
Specially Serviced Loan Detail 21-22
Modified Loan Detail 23
Liquidated Loan Detail 24
This report has been compiled from information provided to Norwest by
various third parties, which may include the Servicer, Master Servicer, Special
Servicer and others. Norwest has not independently confirmed the accuracy of
information received from these third parties and assumes no duty to do so.
Norwest expressly disclaims any responsibility for the accuracy or completeness
of information furnished by third parties.
Underwriter
Goldman, Sachs & Co.
85 Broad Street
New York, New York 10004
Contact:
Phone Number:
Servicer
GMAC Commercial Mortgage Corporation
650 Dresher Road
Horsham, PA 10944-8015
Contact: Coral I. Horstmeyer
Phone Number: (215) 328-1790
Special Servicer
GMAC Commercial Mortgage Corporation
650 Dresher Road
Horsham, PA 10944-8015
Contact:
Phone Number:
Copyright 1997, Norwest Bank Minnesota, N.A.
<TABLE>
<CAPTION>
Certificate Distribution Detail
Class CUSIP Pass- Through Original Beginning Principal
Rate Balance Balance Distribution
<S> <C> <C> <C> <C> <C>
A-1 361849ES7 5.830000% 240,000,000.00 240,000,000.00 1,828,564.86
A-2 361849ET5 6.175000% 680,686,000.00 680,686,000.00 0.00
B 361849EU2 6.295000% 66,716,000.00 66,716,000.00 0.00
C 361849EV0 6.590000% 66,717,000.00 66,717,000.00 0.00
D 361849EW8 6.865192% 86,731,000.00 86,731,000.00 0.00
E 361849EX6 6.865192% 20,015,000.00 20,015,000.00 0.00
F 361849EY4 6.020000% 83,396,000.00 83,396,000.00 0.00
G 361849EZ1 6.020000% 13,343,000.00 13,343,000.00 0.00
H 361849FA5 6.020000% 26,686,000.00 26,686,000.00 0.00
J 361849FB3 6.020000% 20,015,000.00 20,015,000.00 0.00
K-1 361849FC1 6.020000% 22,517,455.00 22,517,455.00 0.00
K-2 361849FD9 6.020000% 7,505,818.00 7,505,818.00 0.00
R-I 361849FE7 0.000000% 0.00 0.00 0.00
R-II 361849FF4 0.000000% 0.00 0.00 0.00
R-III 361849FG2 0.000000% 0.00 0.00 0.00
Totals 1,334,328,273.00 1,334,328,273.00 1,828,564.86
</TABLE>
<TABLE>
<CAPTION>
Class CUSIP Interest Prepayment Realized Loss/ Total
Distribution Penalties Additional Trust Distribution
Fund Expenses
<S> <C> <C> <C> <C> <C>
A-1 361849ES7 1,166,000.00 0.00 0.00 2,994,564.86
A-2 361849ET5 3,502,696.71 0.00 0.00 3,502,696.71
B 361849EU2 349,981.02 0.00 0.00 349,981.02
C 361849EV0 366,387.52 0.00 0.00 366,387.52
D 361849EW8 496,187.45 0.00 0.00 496,187.45
E 361849EX6 114,505.68 0.00 0.00 114,505.68
F 361849EY4 418,369.93 0.00 0.00 418,369.93
G 361849EZ1 66,937.38 0.00 0.00 66,937.38
H 361849FA5 133,874.77 0.00 0.00 133,874.77
J 361849FB3 100,408.58 0.00 0.00 100,408.58
K-1 361849FC1 112,962.56 0.00 0.00 112,962.56
K-2 361849FD9 37,654.19 0.00 0.00 37,654.19
R-I 361849FE7 0.00 0.00 0.00 0.00
R-II 361849FF4 0.00 0.00 0.00 0.00
R-III 361849FG2 0.00 0.00 0.00 0.00
Totals 6,865,965.79 0.00 0.00 8,694,530.65
</TABLE>
<TABLE>
<CAPTION>
Current
Subordination
Class CUSIP Ending Bal Level(1)
<S> <C> <C> <C>
A-1 361849ES7 238,171,435.14 31.04%
A-2 361849ET5 680,686,000.00 31.04%
B 361849EU2 66,716,000.00 26.04%
C 361849EV0 66,717,000.00 21.03%
D 361849EW8 86,731,000.00 14.52%
E 361849EX6 20,015,000.00 13.02%
F 361849EY4 83,396,000.00 6.76%
G 361849EZ1 13,343,000.00 5.76%
H 361849FA5 26,686,000.00 3.76%
J 361849FB3 20,015,000.00 2.25%
K-1 361849FC1 22,517,455.00 0.56%
K-2 361849FD9 7,505,818.00 0.00%
R-I 361849FE7 0.00 0.00%
R-II 361849FF4 0.00 0.00%
R-III 361849FG2 0.00 0.00%
Totals 1,332,499,708.14
</TABLE>
<TABLE>
<CAPTION>
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<S> <C> <C> <C> <C>
X 361849ER9 0.690430% 1,334,328,273.00 1,334,328,273.00
</TABLE>
<TABLE>
<CAPTION>
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<S> <C> <C> <C> <C> <C>
X 361849ER9 767,716.98 0.00 767,716.98 1,332,499,708.14
<FN>
(1) Calculated by taking (A) the sum of the ending certificate balance of
all classes less (B) the sum of (i) the ending certificate balance of the
designated class and (ii) the ending certificate balance of all classes which
are not subordinate to the designated class and dividing the result by (A).
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificate Factor Detail
Beginning Principal Interest
Class CUSIP Balance Distribution Distribution
<S> <C> <C> <C> <C>
A-1 361849ES7 1,000.00000000 7.61902025 4.85833333
A-2 361849ET5 1,000.00000000 0.00000000 5.14583334
B 361849EU2 1,000.00000000 0.00000000 5.24583338
C 361849EV0 1,000.00000000 0.00000000 5.49166659
D 361849EW8 1,000.00000000 0.00000000 5.72099307
E 361849EX6 1,000.00000000 0.00000000 5.72099326
F 361849EY4 1,000.00000000 0.00000000 5.01666663
G 361849EZ1 1,000.00000000 0.00000000 5.01666642
H 361849FA5 1,000.00000000 0.00000000 5.01666679
J 361849FB3 1,000.00000000 0.00000000 5.01666650
K-1 361849FC1 1,000.00000000 0.00000000 5.01666640
K-2 361849FD9 1,000.00000000 0.00000000 5.01666707
R-I 361849FE7 0.00000000 0.00000000 0.00000000
R-II 361849FF4 0.00000000 0.00000000 0.00000000
R-III 361849FG2 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Prepayment Realized Loss/ Ending
Class CUSIP Penalties Additional Trust Balance
Fund Expenses
<S> <C> <C> <C> <C>
A-1 361849ES7 0.00000000 0.00000000 992.38097975
A-2 361849ET5 0.00000000 0.00000000 1,000.00000000
B 361849EU2 0.00000000 0.00000000 1,000.00000000
C 361849EV0 0.00000000 0.00000000 1,000.00000000
D 361849EW8 0.00000000 0.00000000 1,000.00000000
E 361849EX6 0.00000000 0.00000000 1,000.00000000
F 361849EY4 0.00000000 0.00000000 1,000.00000000
G 361849EZ1 0.00000000 0.00000000 1,000.00000000
H 361849FA5 0.00000000 0.00000000 1,000.00000000
J 361849FB3 0.00000000 0.00000000 1,000.00000000
K-1 361849FC1 0.00000000 0.00000000 1,000.00000000
K-2 361849FD9 0.00000000 0.00000000 1,000.00000000
R-I 361849FE7 0.00000000 0.00000000 0.00000000
R-II 361849FF4 0.00000000 0.00000000 0.00000000
R-III 361849FG2 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Beginnning Ending
Notional Interest Prepayment Notional
Class CUSIP Amount Distribution Penalties Amount
<S> <C> <C> <C> <C> <C>
X 361849ER9 1,000.00000000 0.57535840 0.00000000 998.62959895
</TABLE>
<TABLE>
<CAPTION>
Reconciliation Detail
Advance Summary
<S> <C>
P & I Advances Outstanding 670,268.75
Servicing Advances Outstanding 0.00
Reimbursement for Interest on P & I 0.00
Advances paid from general collections
Reimbursement for Interest on Servicing 0.00
Advances paid from general collections
</TABLE>
<TABLE>
<CAPTION>
Master Servicing Fee Summary
<S> <C>
Current Period Accrued Servicing Fees 123,525.64
Less Delinquent Servicing Fees 8,925.64
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 0.00
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 114,600.00
</TABLE>
<TABLE>
<CAPTION>
Certificate Interest Reconciliation
Class Accrued Net Aggregate Distributable Distributable
Certificate Prepayment Certificate Certificate
Interest Interest Shortfall Interest Interest
Adjustment
<S> <C> <C> <C> <C>
A-1 1,166,000.00 0.00 1,166,000.00 0.00
A-2 3,502,696.71 0.00 3,502,696.71 0.00
X 767,716.98 0.00 767,716.98 0.00
B 349,981.02 0.00 349,981.02 0.00
C 366,387.52 0.00 366,387.52 0.00
D 496,187.45 0.00 496,187.45 0.00
E 114,505.68 0.00 114,505.68 0.00
F 418,369.93 0.00 418,369.93 0.00
G 66,937.38 0.00 66,937.38 0.00
H 133,874.77 0.00 133,874.77 0.00
J 100,408.58 0.00 100,408.58 0.00
K-1 112,962.56 0.00 112,962.56 0.00
K-2 37,654.19 0.00 37,654.19 0.00
Total 7,633,682.77 0.00 7,633,682.77 0.00
</TABLE>
<TABLE>
<CAPTION>
Additional Remaining Unpaid
Trust Fund Interest Distributable
Class Expenses Distribution Certificate Interest
<S> <C> <C> <C>
A-1 0.00 1,166,000.00 0.00
A-2 0.00 3,502,696.71 0.00
X 0.00 767,716.98 0.00
B 0.00 349,981.02 0.00
C 0.00 366,387.52 0.00
D 0.00 496,187.45 0.00
E 0.00 114,505.68 0.00
F 0.00 418,369.93 0.00
G 0.00 66,937.38 0.00
H 0.00 133,874.77 0.00
J 0.00 100,408.58 0.00
K-1 0.00 112,962.56 0.00
K-2 0.00 37,654.19 0.00
Total 0.00 7,633,682.77 0.00
</TABLE>
<TABLE>
<CAPTION>
Other Required Information
<S> <C>
Available Distribution Amount 9,462,247.63
Aggregate Number of Outstanding Loans 228
Aggregate Stated Principal Balance of Loans 1,334,328,273.34
Aggregate Unpaid Principal Balance of Loans 1,332,499,708.48
Percentage of Cut-off Date Principal Balance after Distributions 99.86%
Aggregate Amount of Service Fee 114,600.00
Aggregate Amount of Special Servicing Fee 0.00
Aggregate Amount of Trustee Fee 1,445.52
Aggregate Trust Fund Expenses 0.00
Aggregate Additional Trust Fund Expenses 0.00
Additional Trust Fund Expenses attributed to 0.00
Rating Agency charges for Assumptions
</TABLE>
<TABLE>
<CAPTION>
Appraisal Reduction Amount
Appraisal Date Appraisal
Loan Reduction Reduction
Number Effected Effected
<S> <C> <C>
None
Total
</TABLE>
<TABLE>
<CAPTION>
Ratings Detail
Original Ratings
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
A-1 361849ES7 X AAA X AAA
A-2 361849ET5 X AAA X AAA
X 361849ER9 X AAA X AAAr
B 361849EU2 X AA X AA
C 361849EV0 X A X A
D 361849EW8 X BBB X BBB
E 361849EX6 X BBB- X BBB-
F 361849EY4 X BB X NR
G 361849EZ1 X BB- X NR
H 361849FA5 X B X NR
J 361849FB3 X B- X NR
K-1 361849FC1 X NR X NR
K-2 361849FD9 X NR X NR
</TABLE>
<TABLE>
<CAPTION>
Current Ratings(1)
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
A-1 361849ES7 X AAA X AAA
A-2 361849ET5 X AAA X AAA
X 361849ER9 X AAA X AAAr
B 361849EU2 X AA X AA
C 361849EV0 X A X A
D 361849EW8 X BBB X BBB
E 361849EX6 X BBB- X BBB-
F 361849EY4 X BB X NR
G 361849EZ1 X BB- X NR
H 361849FA5 X B X NR
J 361849FB3 X B- X NR
K-1 361849FC1 X NR X NR
K-2 361849FD9 X NR X NR
<FN>
NR - Designates that the class was not rated by the above agency at the
time of original issuance.
X - Designates that the above rating agency did not rate any classes in this
transaction at the time of original issuance.
N/A - Data not available this period.
1) For any class not rated at the time of original issuance by any
particular rating agency, no request has been made subsequent to issuance to
obtain rating information, if any, from such rating agency. The current ratings
were obtained directly from the applicable rating agency within 30 days of the
payment date listed above. The ratings may have changed since they were
obtained. Because the ratings may have changed, you may want to obtain current
ratings directly from the rating agencies.
Duff & Phelps Credit Rating Co.
55 East Monroe Street
Chicago, Illinois 60603
(312) 368- 3100
Fitch IBCA, Inc.
One State Street Plaza
New York, New York 10004
(212) 908- 0500
Moody's Investors Service
99 Church Street
New York, New York 10007
(212) 553- 0300
Standard & Poor's Rating Services
26 Broadway
New York, New York 10004
(212) 208- 8000
</FN>
</TABLE>
<TABLE>
<CAPTION>
Current Mortgage Loan and Property Stratification Tables
Scheduled Balance
% Of
Scheduled # of Scheduled Agg WAM Weighted
Balance Loans Balance Bal. (2) WAC Avg DSCR(1)
<S> <C> <C> <C> <C> <C> <C>
Below 1,000,000 8 6,002,532.11 0.45 114 6.9492 1.760270
1,000,000 to 1,999,999 58 89,359,771.98 6.71 137 6.7525 1.657726
2,000,000 to 2,999,999 40 101,629,841.98 7.63 129 6.7029 1.484705
3,000,000 to 3,999,999 29 101,510,689.54 7.62 140 6.9549 1.432647
4,000,000 to 4,999,999 23 102,029,732.80 7.66 131 6.8347 1.492013
5,000,000 to 5,999,999 16 89,797,682.42 6.74 114 6.7390 1.563127
6,000,000 to 6,999,999 9 58,564,307.90 4.40 117 7.0169 1.654579
7,000,000 to 7,999,999 9 67,185,370.72 5.04 117 6.7870 1.311198
8,000,000 to 8,999,999 6 51,971,366.82 3.90 130 7.1450 1.640099
9,000,000 to 9,999,999 4 39,245,778.51 2.95 116 7.0033 1.514030
10,000,000 to 13,999,999 5 60,279,913.16 4.52 111 6.8184 1.654064
14,000,000 to 16,999,999 5 78,852,789.00 5.92 133 7.1429 1.485770
17,000,000 to 19,999,999 5 89,497,725.70 6.72 116 6.9701 1.390088
20,000,000 to 24,999,999 4 88,333,332.50 6.63 119 7.2548 1.270869
25,000,000 to 29,999,999 2 51,060,343.55 3.83 118 5.9954 1.705502
30,000,000 to 39,999,999 2 67,832,599.71 5.09 144 7.3574 1.620980
40,000,000 to 59,999,999 1 58,494,442.64 4.39 118 7.6800 1.397420
60,000,000 and greater 2 130,851,487.44 9.82 117 7.3821 1.284417
Totals 228 1,332,499,708.48 100.00 125 6.9848 1.484163
</TABLE>
<TABLE>
<CAPTION>
State(3)
# of Scheduled % of Weighted
State Props. Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Arizona 8 24,633,077.84 1.85 114 6.7914 1.484401
Arkansas 1 1,395,125.98 0.10 117 7.8400 1.610000
California 39 293,687,822.49 22.04 125 7.0178 1.440267
Colorado 11 32,104,172.20 2.41 130 6.3849 1.779536
Connecticut 10 40,456,890.47 3.04 124 7.6056 1.347018
Florida 26 100,827,434.76 7.57 123 7.0760 1.633582
Georgia 11 51,445,077.35 3.86 120 6.7992 1.493011
Idaho 1 1,096,954.93 0.08 177 6.8000 2.265060
Illinois 9 35,918,745.06 2.70 102 6.6062 1.713973
Iowa 8 30,491,447.38 2.29 139 6.7084 1.241682
Kansas 1 2,387,938.15 0.18 115 6.1250 1.570000
Kentucky 1 4,951,969.27 0.37 221 6.9700 1.012850
Louisiana 5 16,491,503.90 1.24 123 6.9849 1.393263
Maryland 2 9,122,537.56 0.68 116 6.3750 1.286116
Michigan 10 80,216,243.94 6.02 142 6.9133 1.466701
Minnesota 2 5,520,269.05 0.41 119 6.5138 1.931389
Mississippi 1 2,873,886.92 0.22 114 6.9700 1.444140
Missouri 5 39,770,746.34 2.98 111 6.9207 1.219547
Nebraska 2 10,515,844.88 0.79 115 6.6471 1.268212
Nevada 6 51,783,040.51 3.89 118 6.9782 1.373637
New Jersey 7 20,096,998.30 1.51 115 6.5881 1.695418
New Mexico 2 10,348,528.37 0.78 119 6.2110 1.364103
New York 27 166,484,350.52 12.49 120 7.2502 1.363982
North Carolina 4 15,114,257.92 1.13 118 6.9369 1.525604
Ohio 5 15,293,905.20 1.15 157 7.0452 2.029105
Oregon 4 28,612,477.87 2.15 126 7.2628 1.303741
Pennsylvania 6 28,951,809.44 2.17 150 7.0821 1.356907
South Carolina 3 11,535,318.56 0.87 115 7.3214 1.337273
South Dakota 2 3,536,071.40 0.27 115 6.4807 1.634019
Tennessee 3 10,441,904.80 0.78 161 7.5821 1.171739
Texas 21 79,322,856.48 5.95 117 7.1620 1.852020
Utah 2 19,014,820.27 1.43 146 6.6062 1.299034
Vermont 1 8,960,489.12 0.67 115 6.8750 2.665000
Virginia 6 11,893,918.32 0.89 136 6.8919 2.089394
Washington 10 46,822,640.35 3.51 114 6.4987 1.366633
Washington, DC 4 20,378,632.57 1.53 140 7.1608 1.382068
Totals 266 1,332,499,708.47 100.00 125 6.9848 1.484163
</TABLE>
<TABLE>
<CAPTION>
Note Rate
Note # of Scheduled % of Weighted
Rate Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
6.000% or less 16 59,507,529.35 4.47 123 5.7836 1.588209
6.001% to 6.250% 29 117,442,207.16 8.81 127 6.1632 1.597480
6.251% to 6.500% 26 146,022,707.61 10.96 123 6.3769 1.538725
6.501% to 6.750% 25 102,483,384.04 7.69 123 6.6431 1.553974
6.751% to 7.000% 46 283,514,784.63 21.28 132 6.9295 1.410387
7.001% to 7.250% 42 198,725,058.83 14.91 116 7.1856 1.532395
7.251% to 7.500% 25 181,650,111.91 13.63 126 7.3947 1.334575
7.501% to 7.750% 6 115,336,799.74 8.66 121 7.6733 1.539418
7.751% to 8.000% 9 113,221,548.30 8.50 125 7.8188 1.364977
8.001% or greater 4 14,595,576.91 1.10 124 8.3020 2.238071
Totals 228 1,332,499,708.48 100.00 125 6.9848 1.484163
</TABLE>
<TABLE>
<CAPTION>
Seasoning
# of Scheduled % of Weighted
Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
12 months or less 226 1,327,150,556.64 99.60 125 6.9783 1.484944
13 to 24 months 2 5,349,151.84 0.40 103 8.6047 1.290196
25 to 36 months 0 0.00 0.00 0 0.0000 0.000000
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 months and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 228 1,332,499,708.48 100.00 125 6.9848 1.484163
</TABLE>
<TABLE>
<CAPTION>
Debt Service Coverage Ratio (1)
Debt Service # of Scheduled % of Weighted
Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
1.09 or less 15 72,289,759.47 5.43 142 6.9968 1.027533
1.10 to 1.19 8 31,026,515.56 2.33 138 6.8060 1.155320
1.20 to 1.24 8 61,908,891.39 4.65 124 6.7501 1.214719
1.25 to 1.29 34 301,404,673.68 22.62 120 6.8911 1.267303
1.30 to 1.34 37 264,431,753.50 19.84 127 7.2289 1.313419
1.35 to 1.39 18 133,270,893.79 10.00 124 7.2667 1.384163
1.4 to 1.49 29 124,766,630.22 9.36 127 6.8666 1.442345
1.5 to 1.59 21 73,998,745.22 5.55 138 6.9879 1.528057
1.6 to 1.79 15 39,251,054.01 2.95 121 6.5478 1.649465
1.8 to 1.89 10 74,425,179.14 5.59 122 7.1340 1.870998
1.9 to 2.19 13 67,337,896.38 5.05 120 6.3638 2.070519
2.2 and greater 20 88,387,716.12 6.63 108 7.0720 2.739308
Totals 228 1,332,499,708.48 100.00 125 6.9848 1.484163
</TABLE>
<TABLE>
<CAPTION>
Property Type(3)
Property # of Scheduled % of Weighted
Type Props Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Health Care 22 87,920,323.87 6.60 112 7.2293 1.949021
Industrial 14 55,367,778.65 4.16 116 6.7351 1.390647
Lodging 12 57,111,536.24 4.29 129 7.2328 1.951555
Mixed Use 2 16,468,717.78 1.24 118 7.3091 1.362822
Mobile Home Park 8 30,794,630.68 2.31 120 6.1908 1.919199
Multi-Family 94 422,949,304.58 31.74 121 6.7731 1.336050
Office 45 378,253,153.44 28.39 125 7.2378 1.377918
Other 15 45,299,817.90 3.40 128 6.4820 2.055101
Retail 41 210,732,588.42 15.81 135 7.0566 1.443701
Self Storage 13 27,601,856.91 2.07 151 6.9399 1.908398
Totals 266 1,332,499,708.47 100.00 125 6.9848 1.484163
</TABLE>
<TABLE>
<CAPTION>
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of Weighted
Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
84 months or less 3 25,211,032.09 1.89 67 6.8107 2.699540
85 to 100 months 0 0.00 0.00 0 0.0000 0.000000
97 to 120 months 168 961,571,545.88 72.16 116 7.0198 1.471277
121 to 168 months 9 68,984,188.96 5.18 128 7.0433 1.496376
169 to 192 months 16 96,762,182.08 7.26 170 7.0315 1.415232
181 months or greater 7 25,761,162.39 1.93 217 6.7185 1.312451
Totals 203 1,178,290,111.40 88.43 122 7.0111 1.490952
</TABLE>
<TABLE>
<CAPTION>
Remaining Stated Term (Fully Amortizing Loans)
# of Scheduled % of Weighted
Remaining Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
120 months or less 7 106,331,847.71 7.98 116 6.7230 1.489696
121 to 180 months 10 27,720,083.31 2.08 171 6.8799 1.326028
181 to 240 months 8 20,157,666.06 1.51 234 6.9733 1.275588
241 to 300 months 0 0.00 0.00 0 0.0000 0.000000
301 to 360 months 0 0.00 0.00 0 0.0000 0.000000
361 Months or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 25 154,209,597.08 11.57 141 6.7839 1.432288
</TABLE>
<TABLE>
<CAPTION>
Remaining Amortization Term (ARD and Balloon Loans)
Remaining # of Scheduled % of Weighted
Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
120 months or less 0 0.00 0.00 0 0.0000 0.000000
121 to 180 months 2 7,850,556.45 0.59 88 6.2548 1.126958
181 to 240 months 7 34,210,675.34 2.57 119 7.2820 2.097179
241 to 300 months 49 193,803,085.48 14.54 123 7.0391 1.637056
301 to 360 months 143 940,013,907.50 70.55 123 7.0018 1.440173
361 months or greater 2 2,411,886.63 0.18 116 6.9885 2.127457
Totals 203 1,178,290,111.40 88.43 122 7.0111 1.490952
</TABLE>
<TABLE>
<CAPTION>
Age of Most Recent NOI
Age of Most # of Scheduled % of Weighted
Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Underwriter's Information 95 598,316,547.03 44.90 124 6.9916 1.476764
1 year or less 133 734,183,161.45 55.10 125 6.9792 1.490192
1 to 2 years 0 0.00 0.00 0 0.0000 0.000000
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 228 1,332,499,708.48 100.00 125 6.9848 1.484163
<FN>
(1) Debt Service Coverage Ratios are calculated as described in the
prospectus, values are updated periodically as new NOI figures become available
from borrowers on an asset level. The Trustee makes no representations as to the
accuracy of the data provided by the borrower for this calculation.
(2)Anticipated Remaining Term and WAM are each calculated based upon the
term from the current month to the earlier of the Anticipated Repayment Date, if
applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro- rata the
current loan information to the properties based upon the Cut- off Date Balance
of the related mortgage loan as disclosed in the offering document.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Mortgage Loan Detail
Loan Property Interest Principal Gross
Number ODCR Type City State Payment Payment Coupon
<S> <C> <C> <C> <C> <C> <C> <C>
GMAC4240 1 OF Sunnyvale CA 412,755.76 82,915.71 7.780%
GMAC1950 2 OF Various Various 339,492.07 81,451.76 6.950%
GMAC4690 3 RT Ulster NY 349,834.69 71,632.00 7.680%
GMAC4420 4 OF San Francisco CA 231,000.00 0.00 7.700%
GMAC1060 5 OF Detroit MI 172,793.75 41,631.10 6.970%
GMAC2940 6 OT Various Various 126,810.99 35,057.26 6.370%
GMAC2070 7 MF Various Various 111,463.33 0.00 5.620%
GMAC1710 8 OF Danbury CT 157,251.49 17,015.11 7.890%
GMAC4300 9 MF Sarasota FL 128,352.59 28,296.85 7.350%
GMAC4560 10 MF North Las Vegas NV 124,258.81 27,165.05 7.350%
GMAC3020 11 MF Rowland Heights CA 99,609.83 27,887.13 6.300%
GMAC4570 12 MF Peachtree City GA 105,691.40 23,105.90 7.350%
GMAC4140 13 MF Chesterfield MO 104,183.29 23,348.06 7.250%
GMAC2650 14 HC Various Various 99,751.58 42,844.65 7.210%
GMAC1470 15 MF Sacramento CA 84,485.33 0.00 6.200%
GMAC3310 16 RT Round Hill NV 91,695.31 22,549.47 6.800%
GMAC1160 17 HC Various Various 92,912.94 28,995.85 7.110%
GMAC3730 18 SS Various Various 93,152.07 19,797.58 7.490%
GMAC2500 19 OF Beverly Hills CA 77,568.45 21,888.79 6.250%
GMAC4160 20 MF Wilsonville OR 88,930.44 19,206.22 7.410%
GMAC2080 21 OF Norristown Borough PA 86,112.62 18,378.03 7.490%
GMAC3980 22 OF Alpharetta GA 72,135.85 17,445.74 6.875%
GMAC4580 23 RT Miami FL 74,949.63 17,373.33 7.170%
GMAC3180 24 MF Park Forest IL 62,785.33 0.00 6.510%
GMAC2380 25 RT St. George UT 55,369.82 14,840.57 6.500%
GMAC2470 26 LO Washington DC 54,794.74 17,242.55 7.000%
GMAC1690 27 OF Moline IL 56,244.15 18,980.20 7.250%
GMAC1360 28 MF Various Various 54,231.82 12,981.04 7.000%
GMAC3490 29 LO Irving TX 53,980.96 16,986.47 7.000%
GMAC1600 30 MF Various Various 49,649.47 12,465.43 6.750%
GMAC3700 31 MU Brooklyn NY 53,518.74 11,022.21 7.650%
GMAC1350 32 OT Colchester VT 47,976.57 11,752.35 6.875%
GMAC2450 33 HC Richardson TX 48,378.00 15,019.07 7.110%
GMAC4480 34 OF Pontiac MI 48,843.63 11,133.61 7.250%
GMAC2530 35 OF Roseville CA 51,435.91 6,939.88 7.200%
GMAC2720 36 RT Murray UT 42,461.96 10,605.34 6.750%
GMAC1170 37 MF Omaha NE 40,620.40 10,714.02 6.550%
GMAC2880 38 IN Irvine CA 41,571.46 10,215.84 6.880%
GMAC1100 39 OF Santa Monica CA 37,628.28 10,279.64 6.430%
GMAC2090 40 OF Scottsdale AZ 41,008.33 0.00 7.030%
GMAC3810 41 MU Coronado CA 40,221.38 9,673.84 6.900%
GMAC3340 42 MF Chesterfield MO 38,461.01 9,782.45 6.670%
GMAC2930 43 MH Albuquerque NM 35,902.46 10,150.04 6.260%
GMAC4070 44 MF Jackson MI 40,013.30 9,118.51 7.150%
GMAC4190 45 MF Eugene OR 39,642.13 8,828.37 7.260%
GMAC3150 46 RT Santa Monica CA 36,314.04 9,215.26 6.680%
GMAC4030 47 OF Miami FL 38,037.77 8,488.67 7.250%
GMAC2920 48 MH Thornton CO 31,697.62 9,418.88 6.060%
GMAC1530 49 HC Various Various 37,717.53 11,112.66 7.330%
GMAC4310 50 MF Memphis TN 37,396.56 8,209.88 7.350%
GMAC1050 51 IN Baltimore MD 32,226.13 11,697.03 6.375%
GMAC1850 52 HC Wayne MI 37,091.78 10,351.94 7.570%
GMAC2600 53 MF Council Bluff IA 30,797.90 8,316.87 6.450%
GMAC4680 54 LO Solon OH 38,811.30 9,509.82 8.188%
GMAC2660 55 IN Paramount CA 28,994.75 8,222.26 6.230%
GMAC3100 56 RT Canoga Park CA 30,076.69 10,673.96 6.470%
GMAC1410 57 HC Chicago IL 32,524.99 8,137.54 6.540%
GMAC1430 58 LO Orlando FL 36,408.60 9,869.12 7.875%
GMAC1260 59 MF Bridgeton MO 28,531.23 31,112.94 6.260%
GMAC1400 60 RT Bakersfield CA 31,087.43 7,673.43 6.860%
GMAC2870 61 MF Novi MI 29,804.05 7,765.46 6.640%
GMAC3300 62 OT Various Various 25,542.14 7,891.11 5.875%
GMAC4340 63 MF Charlotte NC 31,401.69 6,893.80 7.350%
GMAC2590 64 MF Burbank CA 25,621.11 7,664.08 6.000%
GMAC4170 65 OF Miami FL 31,772.34 6,739.13 7.500%
GMAC1640 66 IN Duluth GA 26,203.88 7,467.56 6.210%
GMAC1110 67 MF Hoboken NJ 31,369.38 4,556.95 7.000%
GMAC1280 68 RT Bryn Mawr PA 26,230.29 7,223.88 6.350%
GMAC3850 69 OF Fort Lauderdale FL 29,584.93 6,602.30 7.250%
GMAC1440 70 LO Stafford TX 30,537.26 9,015.49 7.500%
GMAC3210 71 RT Campbellsville KY 26,897.43 9,638.38 6.970%
GMAC2170 72 RT Placentia CA 27,249.94 6,397.45 7.110%
GMAC1450 73 SS Various Various 24,188.79 8,814.45 6.380%
GMAC4350 74 MF Greensboro NC 27,405.12 6,016.40 7.350%
GMAC2440 75 HC Austin TX 28,226.45 7,688.10 7.770%
GMAC1740 76 OF Tampa FL 23,735.13 17,713.18 6.600%
GMAC3640 77 OF Washington DC 25,880.63 22,820.91 7.250%
GMAC1860 78 MF Indianola IA 24,148.26 5,974.83 6.830%
GMAC4020 79 MF Davenport IA 24,465.90 5,781.71 7.000%
GMAC3410 80 IN Cromwell CT 23,938.95 5,633.26 7.000%
GMAC3190 81 MF West Des Moines IA 23,922.21 5,653.23 7.000%
GMAC2830 82 OF Hazelwood MO 24,288.00 5,477.03 7.200%
GMAC3200 83 MF Everett WA 20,750.72 5,987.30 6.160%
GMAC4330 84 MF Greenville SC 24,550.42 5,389.09 7.350%
GMAC3110 85 MF Lynnwood WA 20,478.33 5,938.25 6.140%
GMAC1480 86 MF Phoenix AZ 20,058.64 6,021.22 6.020%
GMAC2370 87 RT Jacksonville FL 23,738.56 5,531.58 7.125%
GMAC2990 88 MH Davie FL 21,159.83 5,849.69 6.370%
GMAC3560 89 MF Queens NY 22,296.03 5,544.99 6.750%
GMAC3030 90 MF Tuckertown NJ 20,439.06 5,835.45 6.220%
GMAC2550 91 RT Sandy OR 22,517.87 5,533.58 6.880%
GMAC2430 92 LO Stafford TX 23,911.25 7,059.30 7.500%
GMAC3060 93 MF West Des Moines IA 19,055.66 7,524.70 6.030%
GMAC1590 94 MF Washington DC 24,432.18 13,765.59 7.875%
GMAC2800 95 LO Mount Pleasant MI 22,479.29 6,703.29 7.250%
GMAC3140 96 RT New York NY 21,418.28 8,968.77 6.920%
GMAC2230 97 HC Orangeburg SC 22,624.85 6,471.80 7.500%
GMAC1730 98 IN Garden Grove CA 19,927.07 5,018.73 6.770%
GMAC1020 99 IN Maryland Heights MO 19,011.36 6,699.61 6.500%
GMAC4280 100 IN Los Angeles CA 21,453.12 4,680.45 7.360%
GMAC1190 101 RT Ann Arbor MI 17,479.55 5,237.81 6.010%
GMAC2610 102 MF Bedford Heights OH 18,087.98 9,496.98 6.240%
GMAC3440 103 OF San Diego CA 19,921.74 16,801.61 6.950%
GMAC4080 104 MF Brownsville TX 20,273.51 4,543.40 7.250%
GMAC2910 105 MH Dillon CO 16,905.40 5,023.40 6.060%
GMAC3940 106 RT Gonzales LA 19,450.94 15,897.31 7.000%
GMAC2651 107 HC San Antonio TX 18,561.91 8,681.19 6.780%
GMAC3760 108 RT Mission Viejo CA 19,737.61 4,414.13 7.260%
GMAC1780 109 OT Newport Beach CA 20,654.96 7,990.18 7.600%
GMAC2510 110 MF Cedar Rapids IA 20,770.20 2,869.04 7.150%
GMAC1380 111 LO Littleton CO 17,249.15 8,777.84 6.375%
GMAC2190 112 OF North Charleston SC 18,612.08 5,815.71 7.080%
GMAC1420 113 MF Roanoke VA 17,305.08 4,358.38 6.770%
GMAC4200 114 MF Waxahachie TX 18,314.48 4,087.14 7.250%
GMAC1910 115 RT Jacksonville FL 18,006.32 5,341.79 7.250%
GMAC3320 116 MF Harrisburg PA 17,220.39 4,158.34 6.940%
GMAC1070 117 IN Parsippany NJ 15,824.45 4,345.39 6.380%
GMAC1790 118 MF San Antonio TX 16,923.17 3,030.20 6.370%
GMAC2300 119 OF Norcross GA 15,353.84 4,375.52 6.210%
GMAC2560 120 HC Flushing NY 21,139.03 5,646.97 8.010%
GMAC1090 121 IN Waterbury CT 22,777.12 5,542.47 8.770%
GMAC3010 122 MF Bedford OH 13,719.66 12,160.59 5.750%
GMAC3710 123 MF Various Various 16,871.23 3,788.81 7.240%
GMAC3170 124 MF Sunnyside NY 15,665.20 3,947.15 6.730%
GMAC2840 125 RT Brick Township NJ 14,836.01 4,061.34 6.375%
GMAC1340 126 OF Hauppauge NY 16,280.74 2,740.53 6.530%
GMAC2640 127 OF Albuquerque NM 14,157.91 4,175.25 6.090%
GMAC2820 128 MF Phoenix AZ 16,246.17 3,897.17 6.990%
GMAC2460 129 RT Fremont CA 16,079.83 5,033.87 7.000%
GMAC2580 130 MF Various Various 16,368.05 7,044.90 7.200%
GMAC3670 131 MF Encino CA 15,875.65 3,751.69 7.000%
GMAC2480 132 MF Gulfport MS 15,600.04 3,758.50 6.970%
GMAC1580 133 MF Largo FL 14,914.12 0.00 6.740%
GMAC3950 134 OF Miami FL 15,703.09 3,647.45 7.100%
GMAC1130 135 OF Stamford CT 13,823.02 3,888.85 6.280%
GMAC1180 136 MF West Chester PA 15,928.89 2,418.37 6.850%
GMAC1230 137 RT Palm Harbor FL 13,541.10 3,847.06 6.240%
GMAC2340 138 RT Glendale AZ 14,035.79 4,981.18 6.470%
GMAC2900 139 MH Raleigh NC 13,031.24 3,872.21 6.060%
GMAC1540 140 RT Eustis FL 13,778.30 5,387.61 6.580%
GMAC1030 141 IN Baltimore MD 13,088.01 4,750.52 6.375%
GMAC2400 142 MF Colton CA 13,363.29 4,648.66 6.600%
GMAC3590 143 MF Omaha NE 13,818.71 3,301.33 6.950%
GMAC1570 144 LO Highlands Ranch CO 12,842.17 6,312.44 6.500%
GMAC2250 145 HC Hoquiam WA 14,338.80 4,109.99 7.490%
GMAC2790 146 MF Wichita KS 11,391.74 3,330.08 6.125%
GMAC1370 147 LO Stafford VA 12,945.12 8,762.05 7.000%
GMAC3500 148 MF Various Various 10,702.89 3,215.36 6.000%
GMAC1460 149 MH Enumclaw WA 12,007.36 3,044.69 6.740%
GMAC2280 150 MF Sioux Falls SD 11,482.26 5,753.50 6.470%
GMAC2670 151 OF Las Vegas NV 12,716.29 2,861.85 7.250%
GMAC1240 152 MF Phoenix AZ 15,631.12 1,584.52 8.375%
GMAC1510 153 MF Davis CA 10,453.93 3,033.54 6.120%
GMAC2310 154 IN Norcross GA 10,259.98 2,923.88 6.210%
GMAC2210 155 MF Suffern NY 11,833.97 2,640.92 7.250%
GMAC2710 156 RT Sennett NY 12,143.17 5,672.41 7.450%
GMAC1220 157 MF Tampa FL 9,665.28 2,961.46 5.940%
GMAC2410 158 HC Redmond WA 12,268.07 3,484.79 7.560%
GMAC2890 159 MH Garner NC 9,814.52 2,916.37 6.060%
GMAC2680 160 MF Altoona IA 9,717.75 3,613.67 6.030%
GMAC3570 161 RT Fairview Heights IL 9,850.23 7,816.18 6.240%
GMAC1700 162 RT Marco Island FL 10,784.70 2,653.19 6.875%
GMAC4740 163 RT Clarksville TN 13,285.48 3,126.22 7.970%
GMAC1500 164 MF New York NY 10,484.44 2,618.60 6.750%
GMAC1930 165 MF Simsbury CT 10,474.61 2,627.36 6.750%
GMAC1720 166 MF Dallas TX 9,485.33 2,776.27 6.120%
GMAC2760 167 SS Marietta GA 9,298.45 2,805.51 6.000%
GMAC3220 168 MF Phoenix AZ 9,294.34 3,697.87 6.000%
GMAC1760 169 HC Portland OR 10,744.73 3,443.74 6.940%
GMAC1390 170 RT Las Vegas NV 10,480.04 3,488.76 6.770%
GMAC3930 171 MF Meriden CT 10,438.78 2,466.87 7.000%
GMAC4750 172 RT Shelbyville TN 12,716.57 3,420.06 7.970%
GMAC4630 173 MF Wichita Falls TX 10,594.22 2,364.26 7.250%
GMAC1140 174 OF Bronx NY 10,581.10 4,478.63 7.250%
GMAC2200 175 MF Everett WA 8,469.14 2,670.38 5.830%
GMAC2700 176 OF Norfolk VA 10,196.61 2,285.77 7.310%
GMAC2850 177 LO Washington DC 8,714.93 3,259.77 6.250%
GMAC1920 178 MH Halfmoon NY 7,965.84 2,482.27 5.875%
GMAC1270 179 MF Hampton VA 9,552.30 2,186.06 7.150%
GMAC2860 180 OT Various Various 7,728.86 2,456.29 5.800%
GMAC1210 181 LO Manassas VA 9,200.08 2,927.65 7.000%
GMAC3070 182 RT San Marcos TX 8,193.84 6,495.51 6.280%
GMAC1650 183 RT Cicero NY 8,658.25 2,862.88 6.800%
GMAC1330 184 OF Hauppauge NY 9,971.26 1,286.74 7.375%
GMAC2490 185 MF Yardley PA 8,337.87 2,170.56 6.625%
GMAC2150 186 IN Nogales AZ 8,945.69 2,100.17 7.110%
GMAC1010 187 OF West Orange NJ 7,808.64 2,168.68 6.280%
GMAC1900 188 MF Houma LA 9,510.28 1,951.75 7.150%
GMAC1520 189 RT Lithonia GA 7,074.86 4,887.69 5.730%
GMAC3690 190 MF Brooklyn NY 8,487.45 1,997.24 7.000%
GMAC1890 191 OF Cinnaminson NJ 8,502.57 2,000.39 7.080%
GMAC3420 192 OF Marietta GA 8,969.98 1,926.24 7.480%
GMAC3920 193 RT Hacienda Heights CA 8,721.68 2,469.04 7.500%
GMAC2780 194 MF Littleton CO 7,160.72 2,075.04 6.160%
GMAC2420 195 HC Bakersfield CA 7,916.02 2,598.13 6.810%
GMAC2770 196 SS Tucker GA 6,973.84 2,104.13 6.000%
GMAC1660 197 RT Niceville FL 7,490.28 2,628.52 6.540%
GMAC1040 198 IN Los Angeles CA 7,777.77 5,234.55 7.150%
GMAC1770 199 MF Sherman Oaks CA 6,685.19 1,925.43 6.150%
GMAC3650 200 HC Murfreesboro AR 8,520.84 2,242.20 7.840%
GMAC1810 201 MF Luling LA 7,727.80 1,856.74 6.650%
GMAC1670 202 RT Orlando FL 7,009.49 2,459.80 6.540%
GMAC1820 203 MF Miami Township OH 7,835.70 1,145.88 7.000%
GMAC2050 204 OF Hewlett NY 6,588.21 5,606.90 6.320%
GMAC3780 205 MF Altoona IA 7,812.94 1,664.11 7.500%
GMAC4410 206 RT Mercedes TX 8,010.54 1,500.89 7.810%
GMAC2350 207 MF Pennsburg PA 7,395.56 1,122.81 6.850%
GMAC1560 208 MF Falcon Heights MN 6,873.05 2,185.33 7.000%
GMAC2810 209 MF Sioux Falls SD 6,378.96 1,695.05 6.500%
GMAC1290 210 MF Phoenix AZ 6,060.03 1,710.07 6.250%
GMAC2740 211 SS Dunwoody GA 5,812.68 1,647.34 6.250%
GMAC1750 212 RT Sayreville NJ 6,416.87 2,064.21 6.900%
GMAC1300 213 HC Bakersfield CA 6,136.72 2,112.83 6.600%
GMAC3090 214 OF Thousand Oaks CA 5,887.51 1,483.12 6.750%
GMAC1680 215 RT Coeur d'Alene ID 5,809.26 1,434.69 6.800%
GMAC2750 216 SS Green Acres FL 5,115.32 1,479.74 6.000%
GMAC2330 217 RT Anaheim Hills CA 5,751.22 1,455.03 6.750%
GMAC2290 218 MF South Euclid OH 6,046.96 1,422.68 7.100%
GMAC1250 219 RT Austin TX 5,878.46 2,638.67 7.000%
GMAC3130 220 MF Newport News VA 4,677.44 2,009.63 5.720%
GMAC2730 221 SS Decatur GA 4,649.23 1,402.75 6.000%
GMAC2160 222 OF East Hartford CT 5,422.46 1,273.03 7.110%
GMAC1320 223 RT Rosemead CA 5,013.35 1,551.39 7.125%
GMAC4780 224 MF Greenville TX 5,071.70 1,131.83 7.250%
GMAC2130 225 OF West Palm Beach FL 4,899.48 1,150.25 7.110%
GMAC2120 226 MF Hartford CT 4,128.78 969.31 7.110%
GMAC2110 227 MF Hartford CT 1,651.51 387.73 7.110%
GMAC2140 228 MF West Hartford CT 1,651.51 387.73 7.110%
Totals 7,295,632.72 1,828,564.86
</TABLE>
<TABLE>
<CAPTION>
Loan Anticipated Neg Beginning Ending Paid
Number Repayment Maturity Amort Scheduled Scheduled Thru
Date Date (Y/N) Balance Balance Date
<S> <C> <C> <C> <C> <C> <C>
GMAC4240 N/A 1/10/09 N 68,211,565.61 68,128,649.90 2/10/99
GMAC1950 N/A 11/10/08 N 62,804,289.30 62,722,837.54 2/10/99
GMAC4690 N/A 1/10/09 N 58,566,074.64 58,494,442.64 2/10/99
GMAC4420 N/A 1/10/09 N 36,000,000.00 36,000,000.00 2/10/99
GMAC1060 N/A 9/10/13 N 31,874,230.81 31,832,599.71 2/10/99
GMAC2940 3/10/09 9/10/28 N 25,595,400.81 25,560,343.55 2/10/99
GMAC2070 N/A 10/10/08 N 25,500,000.00 25,500,000.00 2/10/99
GMAC1710 N/A 9/10/09 N 23,916,577.18 23,899,562.07 2/10/99
GMAC4300 N/A 11/5/08 N 22,452,347.34 22,424,050.49 3/5/99
GMAC4560 N/A 1/10/09 N 21,736,235.52 21,709,070.47 2/10/99
GMAC3020 N/A 10/10/08 N 20,328,536.60 20,300,649.47 2/10/99
GMAC4570 N/A 1/5/09 N 18,488,292.28 18,465,186.38 3/5/99
GMAC4140 N/A 12/10/08 N 18,475,855.22 18,452,507.16 2/10/99
GMAC2650 N/A 9/1/08 N 17,788,077.17 17,745,232.52 2/1/99
GMAC1470 N/A 10/10/08 N 17,520,000.00 17,520,000.00 2/10/99
GMAC3310 N/A 1/10/09 N 17,337,349.11 17,314,799.64 2/10/99
GMAC1160 N/A 8/1/08 N 16,801,615.96 16,772,620.11 3/1/99
GMAC3730 N/A 1/10/14 N 15,990,245.91 15,970,448.33 3/10/99
GMAC2500 N/A 11/10/08 N 15,956,937.98 15,935,049.19 2/10/99
GMAC4160 N/A 1/10/09 N 15,430,383.41 15,411,177.19 2/10/99
GMAC2080 N/A 12/10/10 N 14,781,872.21 14,763,494.18 2/10/99
GMAC3980 N/A 1/10/09 N 13,490,340.29 13,472,894.55 2/10/99
GMAC4580 N/A 8/10/05 N 13,439,861.98 13,422,488.65 2/10/99
GMAC3180 N/A 10/10/08 N 12,400,000.00 12,400,000.00 2/10/99
GMAC2380 N/A 9/10/08 N 10,952,273.07 10,937,432.50 2/10/99
GMAC2470 11/1/10 11/1/23 N 10,064,340.01 10,047,097.46 3/1/99
GMAC1690 N/A 2/10/08 N 9,974,332.54 9,955,352.34 2/10/99
GMAC1360 N/A 9/1/08 N 9,960,947.44 9,947,966.40 3/1/99
GMAC3490 11/1/08 11/1/23 N 9,914,869.61 9,897,883.14 3/1/99
GMAC1600 N/A 11/10/08 N 9,457,042.06 9,444,576.63 3/10/99
GMAC3700 N/A 1/10/09 N 8,994,746.55 8,983,724.34 2/10/99
GMAC1350 N/A 10/1/08 N 8,972,241.47 8,960,489.12 3/1/99
GMAC2450 N/A 9/1/08 N 8,748,282.13 8,733,263.06 2/1/99
GMAC4480 N/A 8/1/08 N 8,661,924.08 8,650,790.47 2/1/99
GMAC2530 N/A 10/10/10 N 8,572,651.94 8,565,712.06 3/10/99
GMAC2720 N/A 12/10/14 N 8,087,993.11 8,077,387.77 3/10/99
GMAC1170 N/A 10/10/08 N 7,973,469.30 7,962,755.28 12/10/98
GMAC2880 N/A 9/10/08 N 7,768,752.26 7,758,536.42 2/10/99
GMAC1100 N/A 10/10/08 N 7,523,974.58 7,513,694.94 2/10/99
GMAC2090 N/A 9/10/08 N 7,500,000.00 7,500,000.00 3/10/99
GMAC3810 N/A 1/10/09 N 7,494,667.28 7,484,993.44 2/10/99
GMAC3340 N/A 12/10/08 N 7,413,773.55 7,403,991.10 2/10/99
GMAC2930 4/10/09 10/10/28 N 7,373,850.81 7,363,700.77 2/10/99
GMAC4070 N/A 1/10/09 N 7,195,198.19 7,186,079.68 2/10/99
GMAC4190 N/A 1/10/09 N 7,020,447.46 7,011,619.09 2/10/99
GMAC3150 N/A 12/10/08 N 6,989,442.24 6,980,226.98 2/10/99
GMAC4030 N/A 1/10/09 N 6,745,614.19 6,737,125.52 2/10/99
GMAC2920 4/10/09 10/10/28 N 6,725,096.71 6,715,677.83 2/10/99
GMAC1530 N/A 10/1/08 N 6,615,820.07 6,604,707.41 2/1/99
GMAC4310 N/A 12/5/08 N 6,541,672.93 6,533,463.05 3/5/99
GMAC1050 N/A 11/10/08 N 6,499,387.22 6,487,690.19 2/10/99
GMAC1850 N/A 11/1/08 N 6,299,792.96 6,289,441.02 3/1/99
GMAC2600 N/A 10/10/08 N 6,139,116.59 6,130,799.72 2/10/99
GMAC4680 1/1/09 1/1/24 N 6,094,686.00 6,085,176.18 3/1/99
GMAC2660 N/A 11/10/08 N 5,983,783.39 5,975,561.13 3/10/99
GMAC3100 N/A 11/10/08 N 5,976,820.05 5,966,146.09 3/10/99
GMAC1410 N/A 1/31/02 N 5,967,888.55 5,959,751.01 3/1/99
GMAC1430 8/1/08 5/1/23 N 5,944,261.38 5,934,392.26 3/1/99
GMAC1260 N/A 9/10/05 N 5,859,905.37 5,828,792.43 2/10/99
GMAC1400 9/10/08 9/10/28 N 5,826,464.72 5,818,791.29 2/10/99
GMAC2870 N/A 8/1/08 N 5,771,007.80 5,763,242.34 4/1/99
GMAC3300 N/A 12/10/08 N 5,589,768.80 5,581,877.69 1/10/99
GMAC4340 N/A 12/5/08 N 5,493,007.80 5,486,114.00 3/5/99
GMAC2590 N/A 12/10/08 N 5,490,237.80 5,482,573.72 3/10/99
GMAC4170 N/A 1/10/09 N 5,446,686.45 5,439,947.32 2/10/99
GMAC1640 N/A 11/10/08 N 5,425,234.79 5,417,767.23 2/10/99
GMAC1110 N/A 9/10/08 N 5,377,608.64 5,373,051.69 2/10/99
GMAC1280 N/A 11/10/18 N 5,310,968.87 5,303,744.99 3/10/99
GMAC3850 N/A 1/10/09 N 5,246,588.81 5,239,986.51 2/10/99
GMAC1440 3/1/08 3/1/23 N 5,234,958.21 5,225,942.72 3/1/99
GMAC3210 N/A 8/31/17 N 4,961,607.65 4,951,969.27 2/10/99
GMAC2170 N/A 8/1/08 N 4,927,656.04 4,921,258.59 2/1/99
GMAC1450 N/A 10/10/08 N 4,874,589.14 4,865,774.69 3/10/99
GMAC4350 N/A 12/5/08 N 4,793,897.71 4,787,881.31 3/5/99
GMAC2440 N/A 8/1/08 N 4,670,676.08 4,662,987.98 2/1/99
GMAC1740 N/A 9/10/13 N 4,623,727.21 4,606,014.03 2/10/99
GMAC3640 N/A 11/10/08 N 4,589,668.62 4,566,847.71 2/10/99
GMAC1860 N/A 10/10/08 N 4,545,792.41 4,539,817.58 2/10/99
GMAC4020 N/A 12/10/08 N 4,493,735.96 4,487,954.25 2/10/99
GMAC3410 N/A 1/10/09 N 4,396,950.01 4,391,316.75 3/10/99
GMAC3190 N/A 12/10/13 N 4,393,875.16 4,388,221.93 3/10/99
GMAC2830 N/A 1/10/09 N 4,337,142.97 4,331,665.94 2/10/99
GMAC3200 N/A 11/10/08 N 4,331,087.51 4,325,100.21 2/10/99
GMAC4330 N/A 12/5/08 N 4,294,532.77 4,289,143.68 3/5/99
GMAC3110 N/A 11/10/08 N 4,288,155.76 4,282,217.51 2/10/99
GMAC1480 N/A 10/10/08 N 4,283,999.30 4,277,978.08 2/10/99
GMAC2370 N/A 9/1/08 N 4,283,650.18 4,278,118.60 3/1/99
GMAC2990 3/10/09 9/10/28 N 4,270,877.86 4,265,028.17 2/10/99
GMAC3560 N/A 1/10/09 N 4,246,862.11 4,241,317.12 2/10/99
GMAC3030 N/A 10/10/08 N 4,224,886.82 4,219,051.37 3/10/99
GMAC2550 N/A 9/10/13 N 4,208,074.16 4,202,540.58 2/10/99
GMAC2430 3/1/08 3/1/23 N 4,099,071.03 4,092,011.73 3/1/99
GMAC3060 N/A 11/10/13 N 4,063,040.42 4,055,515.72 2/10/99
GMAC1590 N/A 1/10/14 N 3,988,927.23 3,975,161.64 2/10/99
GMAC2800 11/1/08 11/1/23 N 3,986,474.27 3,979,770.98 3/1/99
GMAC3140 N/A 11/10/09 N 3,979,450.08 3,970,481.31 2/10/99
GMAC2230 N/A 9/1/08 N 3,878,545.26 3,872,073.46 2/1/99
GMAC1730 N/A 9/1/08 N 3,784,418.76 3,779,400.03 3/1/99
GMAC1020 N/A 11/10/08 N 3,760,489.32 3,753,789.71 2/10/99
GMAC4280 N/A 1/10/09 N 3,747,633.10 3,742,952.65 2/10/99
GMAC1190 N/A 11/10/13 N 3,739,385.78 3,734,147.97 3/10/99
GMAC2610 N/A 11/10/18 N 3,726,918.05 3,717,421.07 2/10/99
GMAC3440 N/A 1/10/14 N 3,685,420.12 3,668,618.51 2/10/99
GMAC4080 N/A 12/10/08 N 3,595,301.56 3,590,758.16 2/10/99
GMAC2910 4/10/09 10/10/28 N 3,586,718.25 3,581,694.85 2/10/99
GMAC3940 N/A 12/10/11 N 3,572,621.23 3,556,723.92 2/10/99
GMAC2651 N/A 9/1/08 N 3,519,957.48 3,511,276.29 2/1/99
GMAC3760 N/A 12/10/08 N 3,495,443.99 3,491,029.86 2/10/99
GMAC1780 N/A 1/10/19 N 3,494,260.42 3,486,270.24 3/10/99
GMAC2510 N/A 9/1/08 N 3,485,907.70 3,483,038.66 3/1/99
GMAC1380 N/A 11/1/18 N 3,478,820.63 3,470,042.79 3/1/99
GMAC2190 N/A 9/10/08 N 3,379,917.13 3,374,101.42 3/10/99
GMAC1420 N/A 9/1/08 N 3,286,468.93 3,282,110.55 3/1/99
GMAC4200 N/A 1/10/09 N 3,247,888.31 3,243,801.17 2/10/99
GMAC1910 N/A 12/10/08 N 3,193,238.30 3,187,896.51 2/10/99
GMAC3320 N/A 10/10/08 N 3,190,274.28 3,186,115.94 2/10/99
GMAC1070 N/A 10/10/08 N 3,188,983.85 3,184,638.46 2/10/99
GMAC1790 N/A 10/1/08 N 3,188,038.37 3,185,008.17 3/1/99
GMAC2300 N/A 11/10/08 N 3,178,848.51 3,174,472.99 2/10/99
GMAC2560 N/A 8/1/13 N 3,166,895.86 3,161,248.89 2/1/99
GMAC1090 N/A 10/1/07 N 3,116,595.97 3,111,053.50 3/1/99
GMAC3010 N/A 11/10/13 N 3,067,750.43 3,055,589.84 2/10/99
GMAC3710 N/A 12/10/08 N 2,996,074.38 2,992,285.57 2/10/99
GMAC3170 N/A 11/10/08 N 2,992,714.31 2,988,767.16 2/10/99
GMAC2840 N/A 11/10/08 N 2,992,137.03 2,988,075.69 3/10/99
GMAC1340 N/A 11/10/08 N 2,991,867.10 2,989,126.57 2/10/99
GMAC2640 N/A 10/10/08 N 2,989,002.85 2,984,827.60 2/10/99
GMAC2820 N/A 9/1/08 N 2,988,259.24 2,984,362.07 3/1/99
GMAC2460 N/A 12/10/18 N 2,953,437.32 2,948,403.45 2/10/99
GMAC2580 N/A 9/10/18 N 2,922,865.74 2,915,820.84 3/10/99
GMAC3670 N/A 12/10/08 N 2,915,935.33 2,912,183.64 2/10/99
GMAC2480 N/A 9/1/08 N 2,877,645.42 2,873,886.92 2/1/99
GMAC1580 N/A 8/10/08 N 2,845,000.00 2,845,000.00 2/10/99
GMAC3950 N/A 11/10/08 N 2,843,617.75 2,839,970.30 2/10/99
GMAC1130 N/A 10/10/08 N 2,830,007.85 2,826,119.00 2/10/99
GMAC1180 N/A 10/10/08 N 2,790,463.02 2,788,044.65 2/10/99
GMAC1230 N/A 10/10/13 N 2,790,062.73 2,786,215.67 2/10/99
GMAC2340 N/A 11/10/08 N 2,789,182.70 2,784,201.52 2/10/99
GMAC2900 4/10/09 8/10/28 N 2,764,761.99 2,760,889.78 2/10/99
GMAC1540 N/A 12/10/08 N 2,692,243.27 2,686,855.66 2/10/99
GMAC1030 N/A 11/10/08 N 2,639,597.89 2,634,847.37 2/10/99
GMAC2400 N/A 9/10/08 N 2,603,237.59 2,598,588.93 2/10/99
GMAC3590 N/A 12/10/08 N 2,556,390.93 2,553,089.60 2/10/99
GMAC1570 12/1/08 12/1/18 N 2,540,209.29 2,533,896.85 3/1/99
GMAC2250 N/A 9/1/08 N 2,461,361.22 2,457,251.23 2/1/99
GMAC2790 N/A 10/10/08 N 2,391,268.23 2,387,938.15 2/10/99
GMAC1370 N/A 11/1/13 N 2,377,674.99 2,368,912.94 3/1/99
GMAC3500 N/A 11/10/08 N 2,293,476.35 2,290,260.99 2/10/99
GMAC1460 N/A 9/1/08 N 2,290,509.45 2,287,464.76 3/1/99
GMAC2280 N/A 10/10/08 N 2,281,748.20 2,275,994.70 2/10/99
GMAC2670 N/A 11/10/08 N 2,255,105.09 2,252,243.24 3/10/99
GMAC1240 N/A 9/1/07 N 2,239,682.86 2,238,098.34 3/1/99
GMAC1510 N/A 12/10/08 N 2,196,203.08 2,193,169.54 2/10/99
GMAC2310 N/A 11/10/08 N 2,124,218.75 2,121,294.87 2/10/99
GMAC2210 N/A 1/10/09 N 2,098,635.53 2,095,994.61 2/10/99
GMAC2710 N/A 7/10/13 N 2,095,656.50 2,089,984.09 2/10/99
GMAC1220 N/A 10/10/13 N 2,092,051.24 2,089,089.78 2/10/99
GMAC2410 N/A 8/1/08 N 2,086,406.29 2,082,921.50 3/1/99
GMAC2890 4/10/09 10/10/28 N 2,082,289.20 2,079,372.83 2/10/99
GMAC2680 N/A 11/10/13 N 2,072,015.42 2,068,401.75 2/10/99
GMAC3570 N/A 11/10/08 N 2,029,580.20 2,021,764.02 2/10/99
GMAC1700 N/A 9/10/08 N 2,016,878.99 2,014,225.80 2/10/99
GMAC4740 N/A 9/1/18 N 2,000,322.50 1,997,196.28 2/1/99
GMAC1500 N/A 12/10/08 N 1,997,035.33 1,994,416.73 2/10/99
GMAC1930 N/A 11/10/13 N 1,995,163.92 1,992,536.56 3/10/99
GMAC1720 N/A 10/10/08 N 1,992,715.68 1,989,939.41 2/10/99
GMAC2760 N/A 10/10/08 N 1,992,525.93 1,989,720.42 3/10/99
GMAC3220 N/A 11/10/08 N 1,991,645.30 1,987,947.43 2/10/99
GMAC1760 N/A 10/1/08 N 1,990,584.75 1,987,141.01 3/1/99
GMAC1390 N/A 10/10/08 N 1,990,301.41 1,986,812.65 2/10/99
GMAC3930 N/A 12/10/08 N 1,917,327.33 1,914,860.46 2/10/99
GMAC4750 N/A 9/1/18 N 1,914,665.53 1,911,245.47 2/1/99
GMAC4630 N/A 1/10/09 N 1,878,778.46 1,876,414.20 3/10/99
GMAC1140 N/A 10/10/08 N 1,876,451.22 1,871,972.59 2/10/99
GMAC2200 N/A 10/10/08 N 1,867,735.41 1,865,065.03 2/10/99
GMAC2700 N/A 9/1/13 N 1,793,423.28 1,791,137.51 3/1/99
GMAC2850 1/1/09 10/1/23 N 1,792,785.53 1,789,525.76 3/1/99
GMAC1920 N/A 10/10/08 N 1,743,283.96 1,740,801.69 2/10/99
GMAC1270 N/A 12/10/08 N 1,717,696.09 1,715,510.03 2/10/99
GMAC2860 N/A 10/10/08 N 1,713,293.60 1,710,837.31 2/10/99
GMAC1210 12/1/08 9/1/23 N 1,689,811.08 1,686,883.43 3/1/99
GMAC3070 N/A 10/1/13 N 1,677,537.71 1,671,042.20 2/1/99
GMAC1650 N/A 4/1/18 N 1,637,064.41 1,634,201.53 3/1/99
GMAC1330 N/A 8/10/08 N 1,622,442.98 1,621,156.24 2/10/99
GMAC2490 N/A 9/10/08 N 1,618,130.93 1,615,960.37 3/10/99
GMAC2150 N/A 8/1/08 N 1,617,664.87 1,615,564.70 2/1/99
GMAC1010 N/A 1/10/09 N 1,598,675.12 1,596,506.44 2/10/99
GMAC1900 N/A 12/10/08 N 1,596,131.11 1,594,179.36 2/10/99
GMAC1520 N/A 11/10/16 N 1,587,478.85 1,582,591.16 3/10/99
GMAC3690 N/A 1/10/09 N 1,558,918.64 1,556,921.40 2/10/99
GMAC1890 N/A 9/1/08 N 1,544,049.36 1,542,048.97 3/1/99
GMAC3420 N/A 11/10/08 N 1,541,822.43 1,539,896.19 2/10/99
GMAC3920 N/A 11/10/08 N 1,495,144.60 1,492,675.56 2/10/99
GMAC2780 N/A 10/10/08 N 1,494,583.60 1,492,508.56 3/10/99
GMAC2420 N/A 11/1/13 N 1,494,528.93 1,491,930.80 3/1/99
GMAC2770 N/A 10/10/08 N 1,494,394.44 1,492,290.31 2/10/99
GMAC1660 N/A 4/1/18 N 1,472,532.19 1,469,903.67 3/1/99
GMAC1040 N/A 8/1/13 N 1,398,600.19 1,393,365.64 3/1/99
GMAC1770 N/A 12/10/08 N 1,397,600.76 1,395,675.33 3/10/99
GMAC3650 N/A 12/1/08 N 1,397,368.18 1,395,125.98 3/1/99
GMAC1810 N/A 11/10/08 N 1,394,490.96 1,392,634.22 2/10/99
GMAC1670 N/A 10/1/17 N 1,378,011.51 1,375,551.71 3/1/99
GMAC1820 N/A 8/1/08 N 1,343,262.93 1,342,117.05 3/1/99
GMAC2050 N/A 12/10/10 N 1,340,277.40 1,334,670.50 2/10/99
GMAC3780 N/A 12/10/13 N 1,339,361.88 1,337,697.77 2/10/99
GMAC4410 N/A 12/10/08 N 1,318,727.61 1,317,226.72 3/10/99
GMAC2350 N/A 10/10/08 N 1,295,572.12 1,294,449.31 2/10/99
GMAC1560 N/A 9/10/08 N 1,262,397.12 1,260,211.79 3/10/99
GMAC2810 N/A 11/10/08 N 1,261,771.75 1,260,076.70 2/10/99
GMAC1290 N/A 11/10/08 N 1,246,635.77 1,244,925.70 3/10/99
GMAC2740 N/A 10/10/08 N 1,195,750.38 1,194,103.04 2/10/99
GMAC1750 N/A 11/10/08 N 1,195,689.89 1,193,625.68 2/10/99
GMAC1300 N/A 11/1/08 N 1,195,464.43 1,193,351.60 3/1/99
GMAC3090 N/A 10/10/08 N 1,121,431.38 1,119,948.26 2/10/99
GMAC1680 N/A 12/10/13 N 1,098,389.62 1,096,954.93 2/10/99
GMAC2750 N/A 10/10/08 N 1,096,139.65 1,094,659.91 3/10/99
GMAC2330 N/A 9/10/08 N 1,095,470.61 1,094,015.58 3/10/99
GMAC2290 N/A 8/1/08 N 1,095,023.74 1,093,601.06 3/1/99
GMAC1250 N/A 9/1/18 N 1,079,716.88 1,077,078.21 3/1/99
GMAC3130 N/A 10/10/08 N 1,051,373.49 1,049,363.86 2/10/99
GMAC2730 N/A 10/10/08 N 996,262.96 994,860.21 2/10/99
GMAC2160 N/A 8/1/08 N 980,553.79 979,280.76 2/1/99
GMAC1320 N/A 9/10/08 N 904,665.40 903,114.01 2/10/99
GMAC4780 N/A 1/10/09 N 899,415.22 898,283.39 3/10/99
GMAC2130 N/A 8/1/08 N 885,982.62 884,832.37 2/1/99
GMAC2120 N/A 8/1/08 N 746,614.54 745,645.23 2/1/99
GMAC2110 N/A 8/1/08 N 298,645.80 298,258.07 2/1/99
GMAC2140 N/A 8/1/08 N 298,645.80 298,258.07 2/1/99
Totals 1,334,328,273.34 1,332,499,708.48
<FN>
(1) Property Type Code
SS- Self Storage
MF- Multi- Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
LO- Lodging
MU- Mixed Use
OT- Other
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10- Deed In Lieu of Foreclosure
(3) Modification Code
1- Maturity Date Extension
2- Amortization Change
3- Principal Write- Off
4- Combination
</FN>
</TABLE>
Principal Payment Detail
No Principal Prepayments this Period
<TABLE>
<CAPTION>
Historical Detail
Delinquencies
Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications
Date # Balance # Balance # Balance # Balance # Balance # Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3/15/99 1 $7,962,755.28 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
<S> <C> <C> <C> <C>
3/15/99 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
<S> <C> <C> <C>
3/15/99 6.984790% 6.865215% 125
<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Delinquency Loan Detail
Offering # of Current Outstanding Status of
Loan Number Document Months Paid Through P & I P & I Mortgage
Cross- Reference Delinq. Date Advances Advances** Loan(1)
<S> <C> <C> <C> <C> <C> <C>
GMAC2650 14 0 2/1/99 142,596.23 142,596.23 A
GMAC2450 33 0 2/1/99 63,397.07 63,397.07 A
GMAC4480 34 0 2/1/99 59,977.24 59,977.24 A
GMAC1170 37 2 12/10/98 51,334.42 51,334.42 1
GMAC1530 49 0 2/1/99 48,830.19 48,830.19 A
GMAC3300 62 1 1/10/99 33,433.25 33,433.25 B
GMAC2170 72 0 2/1/99 33,647.39 33,647.39 A
GMAC2440 75 0 2/1/99 35,914.55 35,914.55 A
GMAC2230 97 0 2/1/99 29,096.65 29,096.65 A
GMAC2651 107 0 2/1/99 27,243.10 27,243.10 A
GMAC2560 120 0 2/1/99 26,786.00 26,786.00 A
GMAC2480 132 0 2/1/99 19,358.54 19,358.54 A
GMAC2250 145 0 2/1/99 18,448.79 18,448.79 A
GMAC4740 163 0 2/1/99 16,411.70 16,411.70 B
GMAC4750 172 0 2/1/99 16,136.63 16,136.63 B
GMAC3070 182 0 2/1/99 14,689.35 14,689.35 A
GMAC2150 186 0 2/1/99 11,045.86 11,045.86 A
GMAC2160 222 0 2/1/99 6,695.49 6,695.49 A
GMAC2130 225 0 2/1/99 6,049.73 6,049.73 A
GMAC2120 226 0 2/1/99 5,098.09 5,098.09 A
GMAC2110 227 0 2/1/99 2,039.24 2,039.24 A
GMAC2140 228 0 2/1/99 2,039.24 2,039.24 A
Totals 22 670,268.75 670,268.75
</TABLE>
<TABLE>
<CAPTION>
Resolution Current
Loan Number Strategy Servicing Foreclosure Servicing
Code Transfer Date Date Advances
<S> <C> <C> <C> <C>
GMAC2650 0.00
GMAC2450 0.00
GMAC4480 0.00
GMAC1170 0.00
GMAC1530 0.00
GMAC3300 0.00
GMAC2170 0.00
GMAC2440 0.00
GMAC2230 0.00
GMAC2651 0.00
GMAC2560 0.00
GMAC2480 0.00
GMAC2250 0.00
GMAC4740 0.00
GMAC4750 0.00
GMAC3070 0.00
GMAC2150 0.00
GMAC2160 0.00
GMAC2130 0.00
GMAC2120 0.00
GMAC2110 0.00
GMAC2140 0.00
Totals 0.00
</TABLE>
<TABLE>
<CAPTION>
Outstanding
Loan Number Servicing Bankruptcy REO
Advances Date Date
<S> <C> <C> <C>
GMAC2650 0.00
GMAC2450 0.00
GMAC4480 0.00
GMAC1170 0.00
GMAC1530 0.00
GMAC3300 0.00
GMAC2170 0.00
GMAC2440 0.00
GMAC2230 0.00
GMAC2651 0.00
GMAC2560 0.00
GMAC2480 0.00
GMAC2250 0.00
GMAC4740 0.00
GMAC4750 0.00
GMAC3070 0.00
GMAC2150 0.00
GMAC2160 0.00
GMAC2130 0.00
GMAC2120 0.00
GMAC2110 0.00
GMAC2140 0.00
Totals 0.00
<FN>
(1) Status of Mortgage Loan
A- Payment Not Received But Still in Grace Period
B- Late Payment But Less Than 1 Month Delinquent
0- Current
1- One Month Delinquent
2- Two Months Delinquent
3- Three Or More Months Delinquent
4- Assumed Scheduled Payment (Performing Matured Balloon)
7- Foreclosure
9- REO
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10-Deed In Lieu Of Foreclosure
** Outstanding P & I Advances include the current period advance
</FN>
</TABLE>
Specially Serviced Loan Detail - Part 1
No Specially Serviced Loans this Period
Specially Serviced Loan Detail - Part 2
No Specially Serviced Loans this Period
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans this Period
