-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EHgZiiu/W0yz89gvxL2HvSBcSVrNhAkGm5e6796FNsYEgOgH96ltWg33Zbu6VGE+ k3w5eyal9gfnTzS5M63RTQ== 0001071787-99-000077.txt : 19990212 0001071787-99-000077.hdr.sgml : 19990212 ACCESSION NUMBER: 0001071787-99-000077 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981125 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SELLER & MASTER SERVICER RESIDENTIAL ASS SEC TR 1998-A4 CENTRAL INDEX KEY: 0001058993 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 954449516 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-45887-02 FILM NUMBER: 99531464 BUSINESS ADDRESS: STREET 1: 155 N LAKE AVE CITY: PASADENA STATE: CA ZIP: 91302 BUSINESS PHONE: 8182253000 MAIL ADDRESS: STREET 1: 4500 PARK GRANADA CITY: CALABASAS STATE: CA ZIP: 91302 8-K 1 FORM 8-K CURRENT REPORT 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 (Date of earliest event reported): November 25, 1998 CWMBS, INC. (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 1998-D) (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 155 N. Lake Avenue, Pasadena, CA 91110-7137 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (818)-304-4428 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events CWMBS, INC. Mortgage Pass-Through Certificates Series 1998-D On November 25, 1998, The Bank of New York, as Trustee for CWMBS, INC., Mortgage Pass-Through Certificates Series 1998-D, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of March 1, 1998, among CWMBS, INC. as Depositor, Independent National Mortgage Corporation, Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of CWMBS, INC., Mortgage Pass-Through Certificates Series 1998-D relating to the distribution date of November 25, 1998 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of March 1, 1998. SIGNATURES 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 thereunto duly authorized. Dated: November 25, 1998 CWMBS, INC. By: /s/ Kelly A. Sheahan ------------------------------ Name: Kelly A. Sheahan Assistant Treasurer The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated November 25, 1998 EX-99.1466 2 COMPUTATIONAL MATERIAL Payment Date: 11/25/98 ------------------------------------------------------------ Independent National Mortgage Corporation Mortgage Pass-Through Certificates, Series 1998-D Residential Asset Securitization Trust, 1998-A4 ------------------------------------------------------------
Class Information Current Payment Information - ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls - ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A1 94,694,849.30 6.750000% 7,586,905.65 532,658.53 8,119,564.18 0.00 0.00 1A2 54,125,000.00 6.750000% 0.00 304,453.13 304,453.13 0.00 0.00 1A3 37,900,000.00 6.750000% 0.00 213,187.50 213,187.50 0.00 0.00 1A4 4,300,000.00 6.750000% 0.00 24,187.50 24,187.50 0.00 0.00 1A5 19,000,000.00 6.750000% 0.00 106,875.00 106,875.00 0.00 0.00 1A6 8,225,000.00 6.750000% 0.00 46,265.63 46,265.63 0.00 0.00 1A7 42,800,000.00 6.750000% 0.00 240,750.00 240,750.00 0.00 0.00 2A1 89,004,301.80 7.000000% 2,503,502.28 519,191.76 3,022,694.04 0.00 0.00 X1A 0.00 0.000000% 0.00 207,333.88 207,333.88 0.00 0.00 X2A 0.00 0.000000% 0.00 48,751.65 48,751.65 0.00 0.00 Residual AR 0.00 6.750000% 0.00 1.13 1.13 0.00 0.00 X3 6,222,974.51 0.250000% 0.00 1,296.45 1,296.45 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 11,628,580.24 6.750000% 8,217.03 65,410.76 73,627.79 0.00 0.00 B2 5,191,331.07 6.750000% 3,668.32 29,201.24 32,869.55 0.00 0.00 B3 2,907,144.56 6.750000% 2,054.26 16,352.69 18,406.94 0.00 0.00 B4 2,284,185.51 6.750000% 1,614.06 12,848.54 14,462.60 0.00 0.00 B5 1,245,919.10 6.750000% 880.40 7,008.29 7,888.69 0.00 0.00 B6 1,661,226.62 6.750000% 1,173.86 9,344.40 10,518.26 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 374,967,538.20 - 10,108,015.84 2,385,118.08 12,493,133.92 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A1 87,107,943.65 0.00 1A2 54,125,000.00 0.00 1A3 37,900,000.00 0.00 1A4 4,300,000.00 0.00 1A5 19,000,000.00 0.00 1A6 8,225,000.00 0.00 1A7 42,800,000.00 0.00 2A1 86,500,799.52 0.00 X1A 0.00 0.00 X2A 0.00 0.00 Residual AR 0.00 0.00 X3 6,218,627.25 0.00 - -------------------------------------------------------------------------------- Subordinate B1 11,620,363.21 0.00 B2 5,187,662.75 0.00 B3 2,905,090.30 0.00 B4 2,282,571.45 0.00 B5 1,245,038.70 0.00 B6 1,660,052.76 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 364,859,522.35 - - --------------------------------------------------------------------------------
Payment Date: 11/25/98 ------------------------------------------------------------ Independent National Mortgage Corporation Mortgage Pass-Through Certificates, Series 1998-D Residential Asset Securitization Trust, 1998-A4 ------------------------------------------------------------
Class Information Current Payment Information Factors per $1,000 - ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Senior 1A1 94,694,849.30 6.750000% 12669ALJ1 59.293454 4.162852 680.769095 1A2 54,125,000.00 6.750000% 12669ALK8 0.000000 5.625000 1,000.000000 1A3 37,900,000.00 6.750000% 12669ALL6 0.000000 5.625000 1,000.000000 1A4 4,300,000.00 6.750000% 12669ALM4 0.000000 5.625000 1,000.000000 1A5 19,000,000.00 6.750000% 12669ALN2 0.000000 5.625000 1,000.000000 1A6 8,225,000.00 6.750000% 12669ALP7 0.000000 5.625000 1,000.000000 1A7 42,800,000.00 6.750000% 12669ALQ5 0.000000 5.625000 1,000.000000 2A1 89,004,301.80 7.000000% 12669ALR3 25.557952 5.300366 883.076193 X1A 0.00 0.000000% 12669ALS1 0.000000 0.000000 0.000000 X2A 0.00 0.000000% 12669ALT9 0.000000 0.000000 0.000000 Residual AR 0.00 6.750000% 12669ALU6 0.000000 11.336113 0.000000 X3 6,222,974.51 0.250000% 12669AME1 0.000000 0.207354 994.601616 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 11,628,580.24 6.750000% 12669ALV4 0.703253 5.598167 994.526443 B2 5,191,331.07 6.750000% 12669ALW2 0.703253 5.598167 994.526442 B3 2,907,144.56 6.750000% 12669ALX0 0.703253 5.598167 994.526442 B4 2,284,185.51 6.750000% 12669AMB7 0.703253 5.598167 994.526441 B5 1,245,919.10 6.750000% 12669AMC5 0.703253 5.598167 994.526441 B6 1,661,226.62 6.750000% 12669AMD3 0.703253 5.598167 994.526439 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 374,967,538.20 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ Independent National Mortgage Corporation Mortgage Pass-Through Certificates, Series 1998-D Residential Asset Securitization Trust, 1998-A4 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- stated principal balance 272,140,094.17 92,719,426.77 364,859,520.94 loan count 1810 619 2429 average loan rate 7.982888% 8.117775% 8.02 prepayment amount 7,401,730.69 2,441,325.48 9,843,056.17 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Monthly master servicing fees 9,783.31 592.23 10,375.54 Monthly sub servicer fees 58,286.18 19,866.10 78,152.28 Monthly trustee fees 2,098.05 714.20 2,812.26 Aggregate advances N/A N/A N/A Advances this periods 37,346.33 23,852.49 61,198.82 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Net realized losses (this period) 0.00 0.00 0.00 Cumulative losses (from Cut-Off) 0.00 0.00 0.00 Coverage Amounts Total - ---------------- ----- Bankruptcy 0.00 0.00 0.00 Fraud 8,345,941.00 0.00 8,345,941.00 Special Hazard 3,749,675.38 3,749,675.38 7,499,350.76 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 93.358906% 100.000000% 350,049,151.11 ----------------------------------------------------------------------------- Junior 6.641094% 0.000000% 24,900,779.18 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 40 6,169,065.69 60 to 89 days 10 1,257,056.36 90 or more 1 61,230.99 Foreclosure 5 606,491.99 Totals: 56 8,093,845.03 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- REO INFORMATION - -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 - -------------------------------------------------------------------------------- OTHER INFORMATION - -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 12,493,133.92 12,493,133.92 Principal remittance amount 10,108,015.84 10,108,015.84 Interest remittance amount 2,385,118.08 2,385,118.08 -----END PRIVACY-ENHANCED MESSAGE-----