0001136999-01-500304.txt : 20011030
0001136999-01-500304.hdr.sgml : 20011030
ACCESSION NUMBER: 0001136999-01-500304
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20011001
ITEM INFORMATION: Financial statements and exhibits
FILED AS OF DATE: 20011025
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: IMH ASSETS CORP IMPAC CMB TRUST SERIES 1999-1
CENTRAL INDEX KEY: 0001080699
STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
IRS NUMBER: 330705301
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-60707-01
FILM NUMBER: 1765908
BUSINESS ADDRESS:
STREET 1: 20371 IRVINE AVE
STREET 2: SUITE 200
CITY: SANTA ANA HEIGHTS
STATE: CA
ZIP: 92707
BUSINESS PHONE: 7145560122
MAIL ADDRESS:
STREET 1: 20371 IRVINE AVENUE
STREET 2: SUITE 200
CITY: SANTA ANA HEIGHTS
STATE: CA
ZIP: 92707
8-K
1
imh9901_200110.htm
MONTHLY DISTRIBUTION STATEMENT
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: November 27, 2000
(Date of earliest event reported)
IMH ASSETS CORP.
(Exact Name of Registrant as Specified in its Charter)
California (State or other jurisdiction of organization)
333-60707 (Commission File No.)
33-0705301 (I.R.S. Employer Identification No.)
20371 Irvine Avenue, Santa Ana Heights, CA 92707
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code
(714) 556-0122
(Former name or former address, if changed since
last report.)
ITEM 5. OTHER EVENTS
This current report on Form 8-K relates to the monthly
distribution reported to holders of Impac CMB Trust
Series 1999-1 Collateralized Asset-Backed Bonds, Series
1999-1 which was made on October 25, 2001.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c) Exhibits
Exhibit No. Description
99.1 Monthly distribution report pursuant to
Section 7.05 of the Indenture for the distribution
on October 25, 2001.
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
there unto duly authorized.
LASALLE BANK NATIONAL ASSOCIATION, IN
ITS CAPACITY AS INDENTURE TRUSTEE UNDER
THE INDENTURE ON BEHALF OF IMH ASSETS CORP.,
AS REGISTRANT
By:
/s/ Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President
October 25, 2001
ABN AMRO
LaSalle Bank N.A.
Administrator:
Ann Kelly (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159
IMH Assets Corp.
Impac Funding Corporation as Master Servicer
Impac CMB Trust Series 1999-1
Collateralized Asset-Backed Bonds, Serices 1999-1
ABN AMRO Acct: 67-8103-90-4
Number Of Pages
Table Of Contents 1
Certificate Report 1
Other Related Information 6
Asset Backed Facts Sheets 3
Total Pages Included In This Pa 11
Realized Loss Detail Appendix C
Information is available for this issue from the following sources
LaSalle Web Site www.etrustee.net
0 0
0 0
0 0
Monthly Data File Name: IMH99001_200110_3.ZIP
Statement Date 10/25/01
Payment Date: 10/25/01
Prior Payment: 09/25/01
Record Date: 09/28/01
WAC: 11.95%
WAMM: 228
Original Opening 0
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
A-1 121,203,862.00 20,142,783.12
45254NAX5 1000.000000000 166.189284629
A-2 64,875,807.00 20,402,724.56
45254NAY3 1000.000000000 314.488952099
Trust Certific 0.00 0.00
9ABSC196 1000.000000000 0.000000000
186,079,669.00 40,545,507.68
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus
Deferred Interest equals Accrual
(3) Estimated
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1 1,892,539.41 0.00 0.00
45254NAX5 15.614514082 0.000000000 0.000000000
A-2 1,062,547.84 0.00 0.00
45254NAY3 16.378183011 0.000000000 0.000000000
Trust Certific 0.00 0.00 0.00
9ABSC196 0.000000000 0.000000000 0.000000000
0.00 0.00 0.00
0.000000000 0.000000000 0.000000000
0.00 0.00 0.00
0.000000000 0.000000000 0.000000000
0.00 0.00 0.00
0.000000000 0.000000000 0.000000000
2,955,087.25 0.00 0.00
Closing Interest Interest
Class Balance Payment Adjustment
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1 18,250,243.71 51,385.08 0.00
45254NAX5 150.574770547 0.423955798 0.000000000
A-2 19,340,176.72 55,958.72 0.00
45254NAY3 298.110769088 0.862551428 0.000000000
Trust Certific 0.00 70,705.43 0.00
9ABSC196 0.000000000 0.379973967 0.000000000
0.00 0.00 0.00
0.000000000 0.000000000
0.00 0.00 0.00
0.000000000 0.000000000
0.00 0.00 0.00
0.000000000 0.000000000
37,590,420.43 178,049.23 0.00
Total P&I Payment 3,133,136.48
Pass-Through
Class Rate (2)
CUSIP Next Rate (3)
A-1 3.06125000%
45254NAX5 2.82000000%
A-2 3.29125000%
45254NAY3 3.05000000%
Trust Certificate
9ABSC196
Asset Backed Facts - Pool Total
Distributi Delinq 1 Month Delinq 2 Months
Date # Balance #
10/25/01 60 3,137,776 19
5.75% 5.666% 1.82%
09/25/01 58 3,207,451 16
5.27% 5.297% 1.45%
08/27/01 40 2,171,548 18
3.50% 3.371% 1.57%
07/25/01 54 3,010,011 16
4.49% 4.375% 1.33%
06/25/01 99 12,270,410 74
7.84% 16.591% 5.86%
05/25/01 85 4,997,971 33
6.41% 6.304% 2.49%
04/25/01 101 5,639,969 29
7.21% 6.488% 2.07%
03/26/01 55 4,038,145 19
3.72% 4.187% 1.28%
02/26/01 51 3,772,204 30
3.28% 3.524% 1.93%
01/25/01 97 6,091,424 29
5.99% 5.242% 1.79%
12/26/00 53 4,171,050 23
3.15% 3.408% 1.37%
11/27/00 60 3,739,364 22
3.45% 2.913% 1.27%
10/25/00 123 7,076,693 33
6.95% 5.411% 1.86%
09/25/00 130 6,974,816 25
7.16% 5.194% 1.38%
08/25/00 119 6,320,983 29
6.41% 4.613% 1.56%
07/25/00 129 6,869,367 24
6.79% 4.890% 1.26%
Distribution Delinq 3+ Months
Date Balance # Balance
10/25/01 1,356,688 20 830,027
2.450% 1.92% 1.499%
09/25/01 631,058 22 1,190,254
1.042% 2.00% 1.966%
08/27/01 1,168,297 34 1,891,786
1.814% 2.97% 2.937%
07/25/01 650,402 44 2,737,810
0.945% 3.65% 3.979%
06/25/01 3,446,632 64 2,754,067
4.660% 5.07% 3.724%
05/25/01 1,897,084 50 3,226,035
2.393% 3.77% 4.069%
04/25/01 2,319,284 43 1,657,759
2.668% 3.07% 1.907%
03/26/01 1,323,692 45 1,510,231
1.372% 3.04% 1.566%
02/26/01 1,303,357 47 1,918,223
1.218% 3.02% 1.792%
01/25/01 2,508,637 44 2,241,766
2.159% 2.72% 1.929%
12/26/00 1,459,127 59 3,536,689
1.192% 3.51% 2.889%
11/27/00 880,209 39 1,751,753
0.686% 2.25% 1.365%
10/25/00 2,015,609 45 3,262,392
1.541% 2.54% 2.495%
09/25/00 1,184,018 41 3,138,293
0.882% 2.26% 2.337%
08/25/00 2,325,380 37 2,857,620
1.697% 1.99% 2.085%
07/25/00 1,530,005 41 2,881,957
1.089% 2.16% 2.052%
Distributi Foreclosure/Bankruptcy REO
Date # Balance #
10/25/01 51 2,252,090 3
4.89% 4.067% 0.29%
09/25/01 52 2,380,599 3
4.72% 3.931% 0.27%
08/27/01 49 4,282,071 4
4.29% 6.647% 0.35%
07/25/01 65 4,056,156 4
5.40% 5.896% 0.33%
06/25/01 57 3,199,818 5
4.51% 4.327% 0.40%
05/25/01 58 3,234,380 3
4.37% 4.080% 0.23%
04/25/01 66 3,628,029 4
4.71% 4.174% 0.29%
03/26/01 67 3,761,518 3
4.53% 3.900% 0.20%
02/26/01 73 3,937,325 2
4.70% 3.678% 0.13%
01/25/01 76 3,996,388 2
4.69% 3.439% 0.12%
12/26/00 76 3,890,755 2
4.52% 3.179% 0.12%
11/27/00 87 4,940,837 1
5.01% 3.849% 0.06%
10/25/00 11 625,521 0
0.62% 0.478% 0.00%
09/25/00 12 653,335 0
0.66% 0.486% 0.00%
08/25/00 13 688,075 1
0.70% 0.502% 0.05%
07/25/00 15 768,907 1
0.79% 0.547% 0.05%
Distribution Modifications
Date Balance # Balance
10/25/01 355,510 0 0
0.642% 0.00% 0.000%
09/25/01 355,718 0 0
0.587% 0.00% 0.000%
08/27/01 142,343 0 0
0.221% 0.00% 0.000%
07/25/01 445,576 0 0
0.648% 0.00% 0.000%
06/25/01 717,369 0 0
0.970% 0.00% 0.000%
05/25/01 569,714 0 0
0.719% 0.00% 0.000%
04/25/01 635,143 0 0
0.731% 0.00% 0.000%
03/26/01 445,579 0 0
0.462% 0.00% 0.000%
02/26/01 308,764 0 0
0.288% 0.00% 0.000%
01/25/01 308,920 0 0
0.266% 0.00% 0.000%
12/26/00 332,029 0 0
0.271% 0.00% 0.000%
11/27/00 182,096 0 0
0.142% 0.00% 0.000%
10/25/00 0 0 0
0.000% 0.00% 0.000%
09/25/00 0 0 0
0.000% 0.00% 0.000%
08/25/00 148,351 0 0
0.108% 0.00% 0.000%
07/25/00 148,455 0 0
0.106% 0.00% 0.000%
Distributi Prepayments Curr Weighted Avg.
Date # Balance Coupon
10/25/01 37 2,628,314 11.9478%
3.54% 4.746% 0.00%
09/25/01 57 4,918,216 11.8501%
5.18% 8.122% 0.00%
08/27/01 42 3,663,005 11.7905%
3.67% 5.686% 0.00%
07/25/01 61 4,233,125 11.8638%
5.07% 6.153% 0.00%
06/25/01 59 5,019,050 11.9599%
4.67% 6.786% 0.00%
05/25/01 64 5,197,849 12.0421%
4.82% 6.556% 0.00%
04/25/01 73 7,494,710 11.9621%
5.21% 8.622% 0.00%
03/26/01 80 9,367,087 11.8520%
5.41% 9.712% 0.00%
02/26/01 74 10,431,013 11.6482%
4.76% 9.745% 0.00%
01/25/01 65 9,004,607 11.1764%
4.01% 7.750% 0.00%
12/26/00 63 6,007,046 10.5481%
3.75% 4.908% 0.00%
11/27/00 55 5,761,335 10.1336%
3.17% 4.488% 0.00%
10/25/00 33 2,217,733 10.0607%
1.86% 1.696% 0.00%
09/25/00 45 3,325,227 10.0734%
2.48% 2.476% 0.00%
08/25/00 42 2,526,642 10.0879%
2.26% 1.844% 0.00%
07/25/00 42 3,220,775 10.0714%
2.21% 2.293% 0.00%
Distribution
Date Remit
10/25/01 11.1501%
0.000%
09/25/01 11.0584%
0.000%
08/27/01 10.9962%
0.000%
07/25/01 11.0705%
0.000%
06/25/01 11.1574%
0.000%
05/25/01 11.2354%
0.000%
04/25/01 11.1478%
0.000%
03/26/01 11.0287%
0.000%
02/26/01 10.8092%
0.000%
01/25/01 10.3354%
0.000%
12/26/00 9.7103%
0.000%
11/27/00 9.2977%
0.000%
10/25/00 9.2259%
0.000%
09/25/00 9.2387%
0.000%
08/25/00 9.2536%
0.000%
07/25/00 9.2390%
0.000%
Asset Backed Facts - Group 1 Total
Distributi Delinq 1 Month Delinq 2 Months
Date # Balance #
10/25/01 7 1,147,379 5
5.11% 5.003% 3.65%
09/25/01 9 1,587,633 1
5.88% 5.975% 0.65%
08/27/01 8 1,045,954 4
4.79% 3.573% 2.40%
07/25/01 12 1,596,032 1
6.49% 4.967% 0.54%
06/25/01 56 10,362,500 7
27.45% 28.937% 3.43%
05/25/01 15 2,629,073 5
6.70% 6.679% 2.23%
04/25/01 17 2,669,803 9
6.64% 5.888% 3.52%
03/26/01 14 2,361,282 6
4.71% 4.426% 2.02%
02/26/01 16 2,784,552 2
4.68% 4.438% 0.58%
01/25/01 19 3,407,420 9
5.03% 4.819% 2.38%
12/26/00 15 2,969,960 4
3.68% 3.921% 0.98%
11/27/00 11 2,085,740 1
2.54% 2.590% 0.23%
10/25/00 20 3,656,641 7
4.52% 4.458% 1.58%
09/25/00 20 3,394,243 2
4.42% 4.033% 0.44%
08/25/00 18 3,014,391 8
3.90% 3.519% 1.74%
07/25/00 19 3,113,343 5
4.02% 3.541% 1.06%
Distribution Delinq 3+ Months
Date Balance # Balance
10/25/01 850,886 1 141,197
3.710% 0.73% 0.616%
09/25/01 69,982 3 474,325
0.263% 1.96% 1.785%
08/27/01 746,233 6 827,008
2.549% 3.59% 2.825%
07/25/01 78,393 10 1,563,337
0.244% 5.41% 4.865%
06/25/01 1,078,473 4 672,198
3.012% 1.96% 1.877%
05/25/01 857,708 13 2,020,387
2.179% 5.80% 5.133%
04/25/01 1,500,042 3 438,681
3.308% 1.17% 0.968%
03/26/01 940,819 1 97,659
1.763% 0.34% 0.183%
02/26/01 376,273 3 447,043
0.600% 0.88% 0.713%
01/25/01 1,702,828 6 991,682
2.408% 1.59% 1.403%
12/26/00 786,046 12 1,953,247
1.038% 2.94% 2.579%
11/27/00 192,973 3 474,188
0.240% 0.69% 0.589%
10/25/00 1,173,681 11 1,908,681
1.431% 2.49% 2.327%
09/25/00 368,866 11 1,960,467
0.438% 2.43% 2.329%
08/25/00 1,461,617 11 1,908,219
1.706% 2.39% 2.227%
07/25/00 862,574 9 1,628,212
0.981% 1.90% 1.852%
Distributi Foreclosure/Bankruptcy REO
Date # Balance #
10/25/01 6 767,802 2
4.38% 3.348% 1.46%
09/25/01 6 731,988 2
3.92% 2.755% 1.31%
08/27/01 13 3,042,799 0
7.78% 10.395% 0.00%
07/25/01 13 2,143,793 1
7.03% 6.672% 0.54%
06/25/01 8 1,410,511 5
3.92% 3.939% 2.45%
05/25/01 9 1,491,017 3
4.02% 3.788% 1.34%
04/25/01 10 1,654,961 4
3.91% 3.650% 1.56%
03/26/01 11 1,830,543 3
3.70% 3.431% 1.01%
02/26/01 11 1,761,116 2
3.22% 2.807% 0.58%
01/25/01 10 1,664,011 2
2.65% 2.354% 0.53%
12/26/00 5 818,640 0
1.23% 1.081% 0.00%
11/27/00 14 2,382,513 1
3.23% 2.959% 0.23%
10/25/00 3 308,146 0
0.68% 0.376% 0.00%
09/25/00 3 308,323 0
0.66% 0.366% 0.00%
08/25/00 3 308,498 1
0.65% 0.360% 0.22%
07/25/00 3 308,673 1
0.63% 0.351% 0.21%
Distribution Modifications
Date Balance # Balance
10/25/01 318,689 0 0
1.390% 0.00% 0.000%
09/25/01 318,897 0 0
1.200% 0.00% 0.000%
08/27/01 0 0 0
0.000% 0.00% 0.000%
07/25/01 278,349 0 0
0.866% 0.00% 0.000%
06/25/01 717,369 0 0
2.003% 0.00% 0.000%
05/25/01 569,714 0 0
1.447% 0.00% 0.000%
04/25/01 635,143 0 0
1.401% 0.00% 0.000%
03/26/01 445,579 0 0
0.835% 0.00% 0.000%
02/26/01 308,764 0 0
0.492% 0.00% 0.000%
01/25/01 308,920 0 0
0.437% 0.00% 0.000%
12/26/00 0 0 0
0.000% 0.00% 0.000%
11/27/00 182,096 0 0
0.226% 0.00% 0.000%
10/25/00 0 0 0
0.000% 0.00% 0.000%
09/25/00 0 0 0
0.000% 0.00% 0.000%
08/25/00 148,351 0 0
0.173% 0.00% 0.000%
07/25/00 148,455 0 0
0.169% 0.00% 0.000%
Distributi Prepayments Curr Weighted Avg.
Date # Balance Coupon
10/25/01 13 1,875,157 9.1586%
9.49% 8.177% 0.00%
09/25/01 16 3,485,112 9.1967%
10.46% 13.116% 0.00%
08/27/01 14 2,589,134 9.2255%
8.38% 8.846% 0.00%
07/25/01 18 2,840,990 9.5088%
9.73% 8.842% 0.00%
06/25/01 19 3,644,149 9.8694%
9.31% 10.176% 0.00%
05/25/01 20 3,530,384 10.1306%
8.93% 8.969% 0.00%
04/25/01 32 5,951,654 10.1690%
12.50% 13.126% 0.00%
03/26/01 41 7,988,278 10.1861%
13.80% 14.972% 0.00%
02/26/01 45 9,347,920 10.0533%
13.16% 14.899% 0.00%
01/25/01 36 7,914,822 9.4200%
9.52% 11.195% 0.00%
12/26/00 30 4,979,238 8.4800%
7.35% 6.574% 0.00%
11/27/00 25 4,713,936 7.8898%
5.77% 5.854% 0.00%
10/25/00 9 1,411,942 7.7725%
2.04% 1.722% 0.00%
09/25/00 10 2,063,990 7.7876%
2.21% 2.453% 0.00%
08/25/00 9 1,435,243 7.7927%
1.95% 1.675% 0.00%
07/25/00 12 2,178,352 7.7736%
2.54% 2.477% 0.00%
Distribution
Date Remit
10/25/01 8.3135%
0.000%
09/25/01 8.3700%
0.000%
08/27/01 8.3950%
0.000%
07/25/01 8.6823%
0.000%
06/25/01 9.0261%
0.000%
05/25/01 9.2808%
0.000%
04/25/01 9.3088%
0.000%
03/26/01 9.3150%
0.000%
02/26/01 9.1615%
0.000%
01/25/01 8.5297%
0.000%
12/26/00 7.5968%
0.000%
11/27/00 7.0113%
0.000%
10/25/00 6.8957%
0.000%
09/25/00 6.9108%
0.000%
08/25/00 6.9165%
0.000%
07/25/00 6.9004%
0.000%
Asset Backed Facts - Group 2 Total
Distributi Delinq 1 Month Delinq 2 Months
Date # Balance #
10/25/01 53 1,990,397 14
5.84% 6.134% 1.54%
09/25/01 49 1,619,818 15
5.17% 4.767% 1.58%
08/27/01 32 1,125,594 14
3.28% 3.202% 1.43%
07/25/01 42 1,413,978 15
4.12% 3.856% 1.47%
06/25/01 43 1,907,910 67
4.06% 5.002% 6.33%
05/25/01 70 2,368,898 28
6.35% 5.935% 2.54%
04/25/01 84 2,970,167 20
7.34% 7.143% 1.75%
03/26/01 41 1,676,863 13
3.47% 3.891% 1.10%
02/26/01 35 987,653 28
2.89% 2.230% 2.31%
01/25/01 78 2,684,004 20
6.29% 5.900% 1.61%
12/26/00 38 1,201,090 19
2.98% 2.574% 1.49%
11/27/00 49 1,653,624 21
3.76% 3.457% 1.61%
10/25/00 103 3,420,053 26
7.76% 7.015% 1.96%
09/25/00 110 3,580,573 23
8.07% 7.142% 1.69%
08/25/00 101 3,306,592 21
7.23% 6.438% 1.50%
07/25/00 110 3,756,023 19
7.71% 7.150% 1.33%
Distribution Delinq 3+ Months
Date Balance # Balance
10/25/01 505,801 19 688,830
1.559% 2.09% 2.123%
09/25/01 561,076 19 715,928
1.651% 2.00% 2.107%
08/27/01 422,064 28 1,064,778
1.201% 2.87% 3.029%
07/25/01 572,009 34 1,174,473
1.560% 3.34% 3.203%
06/25/01 2,368,159 60 2,081,869
6.208% 5.67% 5.458%
05/25/01 1,039,376 37 1,205,648
2.604% 3.35% 3.020%
04/25/01 819,241 40 1,219,078
1.970% 3.50% 2.932%
03/26/01 382,873 44 1,412,572
0.889% 3.72% 3.278%
02/26/01 927,084 44 1,471,181
2.093% 3.63% 3.321%
01/25/01 805,808 38 1,250,084
1.771% 3.06% 2.748%
12/26/00 673,081 47 1,583,442
1.443% 3.69% 3.394%
11/27/00 687,237 36 1,277,565
1.437% 2.76% 2.671%
10/25/00 841,929 34 1,353,711
1.727% 2.56% 2.777%
09/25/00 815,152 30 1,177,826
1.626% 2.20% 2.349%
08/25/00 863,764 26 949,401
1.682% 1.86% 1.848%
07/25/00 667,431 32 1,253,745
1.270% 2.24% 2.387%
Distributi Foreclosure/Bankruptcy REO
Date # Balance #
10/25/01 45 1,484,287 1
4.96% 4.574% 0.11%
09/25/01 46 1,648,611 1
4.85% 4.851% 0.11%
08/27/01 36 1,239,271 4
3.69% 3.526% 0.41%
07/25/01 52 1,912,363 3
5.10% 5.215% 0.29%
06/25/01 49 1,789,307 0
4.63% 4.691% 0.00%
05/25/01 49 1,743,363 0
4.44% 4.368% 0.00%
04/25/01 56 1,973,068 0
4.90% 4.745% 0.00%
03/26/01 56 1,930,975 0
4.73% 4.481% 0.00%
02/26/01 62 2,176,209 0
5.12% 4.913% 0.00%
01/25/01 66 2,332,378 0
5.32% 5.127% 0.00%
12/26/00 72 2,517,516 0
5.65% 5.396% 0.00%
11/27/00 73 2,558,324 0
5.60% 5.349% 0.00%
10/25/00 8 317,374 0
0.60% 0.651% 0.00%
09/25/00 9 345,012 0
0.66% 0.688% 0.00%
08/25/00 10 379,577 0
0.72% 0.739% 0.00%
07/25/00 12 460,235 0
0.84% 0.876% 0.00%
Distribution Modifications
Date Balance # Balance
10/25/01 36,821 0 0
0.113% 0.00% 0.000%
09/25/01 36,821 0 0
0.108% 0.00% 0.000%
08/27/01 142,343 0 0
0.405% 0.00% 0.000%
07/25/01 167,227 0 0
0.456% 0.00% 0.000%
06/25/01 0 0 0
0.000% 0.00% 0.000%
05/25/01 0 0 0
0.000% 0.00% 0.000%
04/25/01 0 0 0
0.000% 0.00% 0.000%
03/26/01 0 0 0
0.000% 0.00% 0.000%
02/26/01 0 0 0
0.000% 0.00% 0.000%
01/25/01 0 0 0
0.000% 0.00% 0.000%
12/26/00 0 0 0
0.000% 0.00% 0.000%
11/27/00 0 0 0
0.000% 0.00% 0.000%
10/25/00 0 0 0
0.000% 0.00% 0.000%
09/25/00 0 0 0
0.000% 0.00% 0.000%
08/25/00 0 0 0
0.000% 0.00% 0.000%
07/25/00 0 0 0
0.000% 0.00% 0.000%
Distributi Prepayments Curr Weighted Avg.
Date # Balance Coupon
10/25/01 24 753,156 13.9191%
2.65% 2.321% 0.00%
09/25/01 41 1,433,104 13.9248%
4.32% 4.217% 0.00%
08/27/01 28 1,073,871 13.9266%
2.87% 3.055% 0.00%
07/25/01 43 1,392,134 13.9275%
4.22% 3.797% 0.00%
06/25/01 40 1,374,901 13.9225%
3.78% 3.604% 0.00%
05/25/01 44 1,667,465 13.9271%
3.99% 4.177% 0.00%
04/25/01 41 1,543,056 13.9172%
3.58% 3.711% 0.00%
03/26/01 39 1,378,809 13.9148%
3.30% 3.200% 0.00%
02/26/01 29 1,083,093 13.9073%
2.39% 2.445% 0.00%
01/25/01 29 1,089,785 13.9061%
2.34% 2.396% 0.00%
12/26/00 33 1,027,808 13.9053%
2.59% 2.203% 0.00%
11/27/00 30 1,047,399 13.9112%
2.30% 2.190% 0.00%
10/25/00 24 805,791 13.9100%
1.81% 1.653% 0.00%
09/25/00 35 1,261,236 13.9105%
2.57% 2.516% 0.00%
08/25/00 33 1,091,399 13.9161%
2.36% 2.125% 0.00%
07/25/00 30 1,042,423 13.9176%
2.10% 1.984% 0.00%
Distribution
Date Remit
10/25/01 13.1549%
0.000%
09/25/01 13.1606%
0.000%
08/27/01 13.1624%
0.000%
07/25/01 13.1633%
0.000%
06/25/01 13.1583%
0.000%
05/25/01 13.1629%
0.000%
04/25/01 13.1530%
0.000%
03/26/01 13.1506%
0.000%
02/26/01 13.1431%
0.000%
01/25/01 13.1419%
0.000%
12/26/00 13.1411%
0.000%
11/27/00 13.1470%
0.000%
10/25/00 13.1458%
0.000%
09/25/00 13.1463%
0.000%
08/25/00 13.1519%
0.000%
07/25/00 13.1534%
0.000%
01/00/00
Realized Loss Detail
Dist. Disclosure Appraisal Appraisal
Date Control # Date Value
06/25/99 1100183657NA NA
06/25/99 1800000233NA NA
05/25/99 1100160647NA NA
05/25/99 1800017515NA NA
07/26/99 1800017772NA NA
07/26/99 1800015953NA NA
08/25/99 1800015964NA NA
09/27/99 1100171074NA NA
09/27/99 1800000768NA NA
10/25/99 1800017859NA NA
10/25/99 1800015215NA NA
11/26/99 1800004813NA NA
01/25/00 1100195365NA NA
01/25/00 1900000475NA NA
01/25/00 1800003449NA NA
01/25/00 1800007381NA NA
01/25/00 1800015493NA NA
01/25/00 1800018674NA NA
01/25/00 1800008131NA NA
01/25/00 1800017480NA NA
02/25/00 1100160302NA NA
02/25/00 1100161274NA NA
02/25/00 1100164553NA NA
02/25/00 1100164558NA NA
02/25/00 1100164610NA NA
02/25/00 1100169869NA NA
02/25/00 1100170356NA NA
02/25/00 1100170566NA NA
02/25/00 1100170825NA NA
02/25/00 1100181479NA NA
Current Total
Cumulative
Aggregate liquidation expenses also include outstanding
P&I advances and unpaid servicing fees, unpaid trustee fees, etc..
Beginning Gross Proceeds
Dist. Scheduled Gross as a % of
Date Balance Proceeds Sched Principal
06/25/99 25,000.00 26,506.10 106.024%
06/25/99 30,426.55 0.00 0.000%
05/25/99 49,887.46 21,864.25 43.827%
05/25/99 43,851.26 58,776.95 0.000%
07/26/99 62,903.81 0.00 0.000%
07/26/99 47,261.60 0.00 0.000%
08/25/99 32,594.08 2,197.44 6.742%
09/27/99 49,777.41 44,393.52 89.184%
09/27/99 26,020.04 24,339.56 93.542%
10/25/99 43,453.52 0.00 0.000%
10/25/99 54,226.18 0.00 0.000%
11/26/99 26,695.74 4,668.00 17.486%
01/25/00 50,240.79 2,663.79 5.302%
01/25/00 52,935.26 0.00 0.000%
01/25/00 16,626.72 0.00 0.000%
01/25/00 51,445.17 0.00 0.000%
01/25/00 22,956.00 0.00 0.000%
01/25/00 49,394.62 0.00 0.000%
01/25/00 21,461.75 10,124.28 47.174%
01/25/00 33,611.82 22,686.77 67.496%
02/25/00 28,647.63 0.00 0.000%
02/25/00 47,739.70 0.00 0.000%
02/25/00 24,483.39 4,818.40 19.680%
02/25/00 56,866.06 0.00 0.000%
02/25/00 59,705.90 7,888.89 13.213%
02/25/00 39,823.26 0.00 0.000%
02/25/00 65,565.22 5,349.90 8.160%
02/25/00 16,508.94 0.00 0.000%
02/25/00 29,613.71 0.00 0.000%
02/25/00 99,311.65 0.00 0.000%
Current Total 0.00
Cumulative 0.00
Aggregate Net Net Proceeds
Dist. Liquidation Liquidation as a % of
Date Expenses * Proceeds Sched. Balance
06/25/99 1,506.10 25,000.000 100.000%
06/25/99 2,120.00 -2,120.000 -6.968%
05/25/99 2,962.36 18,901.890 37.889%
05/25/99 2,408.80 56,368.150 -5.493%
07/26/99 3,069.00 -3,069.000 -4.879%
07/26/99 2,934.90 -2,934.900 -6.210%
08/25/99 964.63 1,232.810 3.782%
09/27/99 1,344.37 43,049.150 86.483%
09/27/99 1,193.95 23,145.610 88.953%
10/25/99 4,919.85 -4,919.850 -11.322%
10/25/99 5,490.92 -5,490.920 -10.126%
11/26/99 1,374.75 3,293.250 12.336%
01/25/00 5,055.67 -2,391.880 -4.761%
01/25/00 4,861.82 -4,861.820 -9.184%
01/25/00 1,691.36 -1,691.360 -10.173%
01/25/00 3,972.00 -3,972.000 -7.721%
01/25/00 4,718.56 -4,718.560 -20.555%
01/25/00 6,112.59 -6,112.590 -12.375%
01/25/00 1,096.13 9,028.150 42.066%
01/25/00 1,248.50 21,438.270 63.782%
02/25/00 2,769.89 -2,769.890 -9.669%
02/25/00 4,280.58 -4,280.580 -8.966%
02/25/00 2,633.67 2,184.730 8.923%
02/25/00 9,258.64 -9,258.640 -16.281%
02/25/00 5,016.99 2,871.900 4.810%
02/25/00 4,970.26 -4,970.260 -12.481%
02/25/00 6,702.30 -1,352.400 -2.063%
02/25/00 1,887.37 -1,887.370 -11.432%
02/25/00 3,374.66 -3,374.660 -11.396%
02/25/00 11,007.50 -11,007.500 -11.084%
Current To 0.00 0.000
Cumulative 0.00 0.000
Dist. Realized
Date Loss
06/25/99 0.00
06/25/99 32,546.55
05/25/99 30,985.57
05/25/99 0.00
07/26/99 65,972.81
07/26/99 50,196.50
08/25/99 31,361.27
09/27/99 6,728.26
09/27/99 2,874.43
10/25/99 48,373.37
10/25/99 59,717.10
11/26/99 23,402.49
01/25/00 52,632.67
01/25/00 57,797.08
01/25/00 18,318.08
01/25/00 55,417.17
01/25/00 27,674.56
01/25/00 55,507.21
01/25/00 12,433.60
01/25/00 12,173.55
02/25/00 31,417.52
02/25/00 52,020.28
02/25/00 22,298.66
02/25/00 66,124.70
02/25/00 56,834.00
02/25/00 44,793.52
02/25/00 66,917.62
02/25/00 18,396.31
02/25/00 32,988.37
02/25/00 110,319.15
Current To 0.00
Cumulative 0.00
Other Related Information
Pool Summary Information
Component
ARM Loans Aggregate Amount of Collections 2,017,306.75
HIGH LTV Loans Aggregate Amount of Collections 1,125,385.97
ARM Pool Available Funds 2,014,629.92
HIGH LTV Pool Available Funds 1,118,506.56
ARM Pool Net Monthly Excess Cashflows 105,053.00
HIGH LTV Pool Net Monthly Excess Cashflows 284,085.01
Arm Pool Basis Risk Shortfall Carry Forward Amt. On A-1 0.00
High LTV Pool Basis Risk Shortfall Carry Forward Amt. O 0.00
Agg. Unpaid Int. Shortfall on A-1 Bonds for prior payme 0.00
Agg. Unpaid Int. Shortfall on A-2 Bonds for prior payme 0.00
Aggregate Principal Prepayment Amount on the Class A-1 1,770,923.30
Aggregate Principal Prepayment Amount on the Class A-2 650,732.22
Ending Aggregate Principal Balance of Mortgage Loans 52,639,791.99
Ending Loan Count 1007
Principal
Adjustable Loan Pool Scheduled Principal Balance 16,658.67
High LTV Loan Pool Scheduled Principal Balance 59,729.38
Adjustable Loan Pool Unscheduled Principal Balance 1,841,533.17
High LTV Loan Pool Unscheduled Principal Balance 718,733.45
Aggregate Pool Scheduled Principal Balance 76,388.05
Aggregate Pool Unscheduled Principal Balance 2,560,266.62
Other Principal Proceeds 8,120.81
Shortfalls
Class A-1 Bond Shortfalls 0.00
Class A-2 Bond Shortfalls 0.00
Insured Amounts
Current Insured amt Paid by Bond Insurer under Bond Ins 0.00
Agg. Insured amt Paid by Bond Insurer under Bond Ins. P 0.00
Over Collateralization and Net Monthly Excess Cashflows
ARM Pool Required Overcollateralization Amount 2,789,858.72
HIGH LTV Pool Required Overcollateralization Amount 12,819,770.56
ARM Pool Overcollateralization Amount 2,789,858.72
HIGH LTV Pool Overcollateralization Amount 12,259,512.84
ARM Pool Net Monthly Excess Cashflow 70,705.43
HIGH LTV Pool Net Monthly Excess Cashflow 0.00
ARM Pool Excess Overcollateralization Amount 0.00
HIGH LTV Pool Excess Overcollateralization Amount 0.00
High LTV and ARM Ending Balance and Count
High LTV Ending Balance 31,599,689.56
Arm Ending Balance 21,040,102.43
High LTV Ending Count 883
Arm Ending Count 124
Reserve Fund
ARM Pool Reserve Fund Addition 0.00
HIGH LTV Pool Reserve Fund Addition 0.00
Reserve Fund Release Amount 0.00
Reserve Fund Certificate Payment Amount 135,561.11
Advances and Compensating Interest
Principal Advances 10,393.81
Interest Advances 144,804.19
Compensating Interest Payments 0.00
Realized Losses
Current Period Total Realized Losses 112,402.86
Aggregate Total Realized Losses 7,837,771.60
Class A-1 Current Period Realized Losses 34,347.57
Class A-2 Current Period Realized Losses 78,055.29
Class A-1 Aggregate Realized Losses 98,755.95
Class A-2 Aggregate Realized Losses 7,739,015.65
Repurchases
Current Repurchase Balance 0.00
Prior Aggregate Repurchase Balance 0.00
Aggregate Repurchase Balance 0.00
Number of Current Repurchased Loans 0.00
Prior Aggregate Number of Repurchased Loans 0.00
Aggregate Number of Repurchased Loans 0.00
Miscellaneous
Book Value of any REO Property 0.00
Amount of Prepayment Interest Shortfall for Current Per 4,415.52
Relief Act Shortfalls for Current Period 0.00
Agg. Prin. Bal of Defaulted or Converted Mtg. Loans 0.00