-----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, Bm/2lfUA0Q7rbCBcZbenB7tp/VSThWJ8ug2T680F8qxU0BYrMzOG4hNjpDHusMXM sSFIxOvp8VafK0WNFwl6/w== 0001071787-99-000261.txt : 19990331 0001071787-99-000261.hdr.sgml : 19990331 ACCESSION NUMBER: 0001071787-99-000261 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990225 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990330 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: 99577663 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): February 25, 1999 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 February 25, 1999, 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 February 25, 1999 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: February 25, 1999 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 February 25, 1999 EX-99.1466 2 COMPUTATIONAL MATERIAL Payment Date: 02/25/99 ------------------------------------------------------------ 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 74,933,181.30 6.750000% 6,156,575.87 421,499.14 6,578,075.01 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 83,614,517.61 7.000000% 831,086.96 487,751.35 1,318,838.32 0.00 0.00 X1A 0.00 0.000000% 0.00 197,398.21 197,398.21 0.00 0.00 X2A 0.00 0.000000% 0.00 41,967.34 41,967.34 0.00 0.00 Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 X3 6,209,726.18 0.250000% 0.00 1,293.69 1,293.69 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 11,603,582.46 6.750000% 9,754.28 65,270.15 75,024.43 0.00 0.00 B2 5,180,171.34 6.750000% 4,354.59 29,138.46 33,493.05 0.00 0.00 B3 2,900,895.12 6.750000% 2,438.57 16,317.54 18,756.10 0.00 0.00 B4 2,279,275.23 6.750000% 1,916.02 12,820.92 14,736.94 0.00 0.00 B5 1,243,240.76 6.750000% 1,045.10 6,993.23 8,038.33 0.00 0.00 B6 1,657,655.50 6.750000% 1,393.47 9,324.31 10,717.78 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 349,762,519.32 - 7,008,564.86 2,225,493.10 9,234,057.96 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A1 68,776,605.43 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 82,783,430.64 0.00 X1A 0.00 0.00 X2A 0.00 0.00 Residual AR 0.00 0.00 X3 6,205,184.71 0.00 - -------------------------------------------------------------------------------- Subordinate B1 11,593,828.18 0.00 B2 5,175,816.75 0.00 B3 2,898,456.55 0.00 B4 2,277,359.21 0.00 B5 1,242,195.66 0.00 B6 1,656,262.03 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 342,753,954.46 - - --------------------------------------------------------------------------------
Payment Date: 02/25/99 ------------------------------------------------------------ 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 74,933,181.30 6.750000% 12669ALJ1 48.115090 3.294115 537.505369 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 83,614,517.61 7.000000% 12669ALR3 8.484466 4.979395 845.126024 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 0.000721 0.000000 X3 6,209,726.18 0.250000% 12669AME1 0.000000 0.206912 992.451627 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 11,603,582.46 6.750000% 12669ALV4 0.834818 5.586133 992.255447 B2 5,180,171.34 6.750000% 12669ALW2 0.834818 5.586133 992.255446 B3 2,900,895.12 6.750000% 12669ALX0 0.834818 5.586133 992.255448 B4 2,279,275.23 6.750000% 12669AMB7 0.834818 5.586133 992.255446 B5 1,243,240.76 6.750000% 12669AMC5 0.834818 5.586133 992.255443 B6 1,657,655.50 6.750000% 12669AMD3 0.834818 5.586133 992.255438 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 349,762,519.32 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ Independent National Mortgage Corporation Mortgage Pass-Through Certificates, Series 1998-D Residential Asset Securitization Trust, 1998-A4 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- principal balance 253,765,339.12 88,988,615.35 342,753,954.47 Aggregated loan count 1721 599 2320 Aggregated average loan rate 7.981631% 8.129319% 8.02 Aggregated prepayment amount 5,944,970.07 769,935.57 6,714,905.64 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- master servicing fees 10,120.81 7,308.42 17,429.23 sub servicer fees 54,160.75 18,740.43 72,901.17 trustee fees 1,949.54 673.68 2,623.22 Aggregate advances N/A N/A N/A Advances this periods 57,861.00 25,797.01 83,658.01 - -------------------------------------------------------------------------------- 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 3,497,625.19 3,497,625.19 6,995,250.39 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 92.896494% 100.000000% 324,897,698.91 ----------------------------------------------------------------------------- Junior 7.103506% 0.000000% 24,843,918.38 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 64 8,172,575.62 60 to 89 days 8 1,383,220.36 90 or more 5 960,303.63 Foreclosure 3 458,784.54 Totals: 80 10,974,884.15 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 9,234,057.96 9,234,057.96 Principal remittance amount 7,008,564.86 7,008,564.86 Interest remittance amount 2,225,493.10 2,225,493.10 -----END PRIVACY-ENHANCED MESSAGE-----