-----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, R/XB1RhTqKUdn6B//CFUUb/iHQhFH5lXQrfjOmyBpk4zGqULnFK+RbRIGxMUe98v Sk/78aBdG3DxI6wQE14l+g== 0001071787-99-000315.txt : 19990402 0001071787-99-000315.hdr.sgml : 19990402 ACCESSION NUMBER: 0001071787-99-000315 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981025 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INDYMAC MANUFACTURED HOUSING CON PASS THR CERT SERIES 1998-2 CENTRAL INDEX KEY: 0001066025 STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799] IRS NUMBER: 133354848 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-00365-01 FILM NUMBER: 99581967 BUSINESS ADDRESS: STREET 1: 155 NORTH LAKE AVENUE STREET 2: PARK AVE PLAZA CITY: PASADENA STATE: CA ZIP: 91110-7137 BUSINESS PHONE: 2123251811 MAIL ADDRESS: STREET 1: 11 MADISON AVENUE STREET 2: PARK AVENUE PLAZA CITY: NEW YORK STATE: NY ZIP: 10010 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): October 25, 1998 CWMBS,INC. (Depositor) (Issuer in respect of Manufactured Housing Contract Pass-Through Certificates, (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. Manufactured Housing Contract Pass-Through Certificates Series 1998-2 On October 25, 1998, The Bank of New York, as Trustee for CWMBS,INC., Manufactured Housing Contract Pass-Through Certificates Series 1998-2, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of July 1, 1998, among CWMBS,INC. as Depositor, INDYMAC, 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., Manufactured Housing Contract Pass-Through Certificates Series 1998-2 relating to the distribution date of October 25, 1998 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of July 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: October 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 October 25, 1998 EX-99.1466 2 COMPUTATIONAL MATERIAL Payment Date: 10/25/98 ------------------------------------------------------------ INDYMAC Manufactured Housing Contract Pass-Through Certificates, Series 1998-2 ------------------------------------------------------------
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 A1 53,507,485.59 5.750000% 3,187,750.85 256,390.04 3,444,140.89 0.00 0.00 A2 39,600,000.00 6.170000% 0.00 203,610.00 203,610.00 0.00 0.00 A3 29,700,000.00 6.200000% 0.00 153,450.00 153,450.00 0.00 0.00 A4 53,278,000.00 6.640000% 0.00 294,804.93 294,804.93 0.00 0.00 Residual AR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 M1 18,360,000.00 7.070000% 0.00 108,171.00 108,171.00 0.00 0.00 M2 9,180,000.00 7.070000% 0.00 54,085.50 54,085.50 0.00 0.00 B1 9,754,000.00 7.360000% 0.00 59,824.53 59,824.53 0.00 0.00 B2 10,327,900.00 8.680000% 0.00 74,705.14 74,705.14 0.00 0.00 X 224,367,387.46 0.000000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 223,707,385.59 - 3,187,750.85 1,205,041.15 4,392,792.00 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A1 50,319,734.74 0.00 A2 39,600,000.00 0.00 A3 29,700,000.00 0.00 A4 53,278,000.00 0.00 Residual AR 0.00 0.00 M1 18,360,000.00 0.00 M2 9,180,000.00 0.00 B1 9,754,000.00 0.00 B2 10,327,900.00 0.00 X 221,689,406.54 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 220,519,634.74 - - --------------------------------------------------------------------------------
Payment Date: 10/25/98 ------------------------------------------------------------ INDYMAC Manufactured Housing Contract Pass-Through Certificates, Series 1998-2 ------------------------------------------------------------
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 A1 53,507,485.59 5.750000% 045413AW1 53.756338 4.323609 848.562137 A2 39,600,000.00 6.170000% 045413AX9 0.000000 5.141667 1,000.000000 A3 29,700,000.00 6.200000% 045413AY7 0.000000 5.166667 1,000.000000 A4 53,278,000.00 6.640000% 045413AZ4 0.000000 5.533333 1,000.000000 Residual AR 0.00 6.500000% 045413BA8 0.000000 0.000000 0.000000 M1 18,360,000.00 7.070000% 045413BB6 0.000000 5.891667 1,000.000000 M2 9,180,000.00 7.070000% 045413BC4 0.000000 5.891667 1,000.000000 B1 9,754,000.00 7.360000% 045413BD2 0.000000 6.133333 1,000.000000 B2 10,327,900.00 8.680000% PRIVATE 0.000000 7.233333 1,000.000000 X 224,367,387.46 0.000000% PRIVATE 0.000000 0.000000 965.966913 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 223,707,385.59 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ INDYMAC Manufactured Housing Contract Pass-Through Certificates, Series 1998-2 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Aggregated stated principal balance 221,705,202.54 221,705,202.54 Aggregated loan count 0 0 Aggregated average loan rate 10.180800% 10.18 Aggregated prepayment amount 2,259,798.35 2,259,798.35 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Monthly master servicing fees 187,142.03 187,142.03 Monthly sub servicer fees 0.00 0.00 Monthly trustee fees 1,682.87 1,682.87 Aggregate advances N/A N/A Advances this periods 0.00 0.00 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Net realized losses (this period) 0.00 0.00 Cumulative losses (from Cut-Off) 0.00 0.00 Coverage Amounts Total - ---------------- ----- Bankruptcy 0.00 0.00 Fraud 0.00 0.00 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 223,707,385.59 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 96 3,721,431.38 60 to 89 days 23 758,016.98 90 or more 34 1,446,208.67 Foreclosure 0 0.00 Totals: 153 5,925,657.03 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 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 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 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 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 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 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: 2,109,103.94 Current Total Outstanding Number of Loans: 53 - -------------------------------------------------------------------------------- OTHER INFORMATION - -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 4,392,792.00 4,392,792.00 Principal remittance amount 3,187,750.85 3,187,750.85 Interest remittance amount 1,205,041.15 1,205,041.15 -----END PRIVACY-ENHANCED MESSAGE-----