-----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, TyXFLQK7+RFXtVnxgkk0xGQmnccIFDCeuxgXn2SHYS3kNIBYHVggiJbLGp18jdAv p4xwAz5DnI25/FMJmsddQQ== 0001071787-99-000382.txt : 19990604 0001071787-99-000382.hdr.sgml : 19990604 ACCESSION NUMBER: 0001071787-99-000382 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990425 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990603 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CWMBS INC MORT PASS THR CERT SER 1998-15 CENTRAL INDEX KEY: 0001069080 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: 033-63714-79 FILM NUMBER: 99639692 BUSINESS ADDRESS: STREET 1: 155 N LAKE AVE CITY: PASADENA STATE: CA ZIP: 911009 BUSINESS PHONE: 8183044428 MAIL ADDRESS: STREET 1: 4500 PARK GRANADA STREET 2: 155 N LAKE AVE CITY: PASADENA 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): April 25, 1999 CWMBS, INC. (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 1998-15) (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 1998-15 On April 25, 1999, The Bank of New York, as Trustee for CWMBS, INC., Mortgage Pass-Through Certificates Series 1998-15, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of August 1, 1998, among CWMBS, INC. as Depositor, Countrywide Home Loans, 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 1998-15 relating to the distribution date of April 25, 1999 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of August 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: April 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 April 25, 1999 EX-99.1466 2 COMPUTATIONAL MATERIAL Payment Date: 04/25/99 ------------------------------------------------------------ Countrywide Home Loans Mortgage Pass-Through Certificates, Series 1998-15 ------------------------------------------------------------
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 16,573,000.00 6.250000% 0.00 86,317.71 86,317.71 0.00 0.00 A2 17,387,000.00 6.550000% 0.00 94,904.04 94,904.04 0.00 0.00 A3 1,742,800.00 6.750000% 0.00 9,803.25 9,803.25 0.00 0.00 A4 107,634,343.94 6.750000% 2,373,027.22 605,443.18 2,978,470.40 0.00 0.00 A5 28,523,451.62 6.750000% 494,923.69 160,444.42 655,368.11 0.00 0.00 A6 9,422,000.00 6.750000% 0.00 52,998.75 52,998.75 0.00 0.00 A7 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A8 23,317,000.00 6.750000% 0.00 131,158.13 131,158.13 0.00 0.00 A9 65,029,885.69 6.750000% 1,443,897.55 365,793.11 1,809,690.66 0.00 0.00 A10 14,425,000.00 6.750000% 0.00 81,140.63 81,140.63 0.00 0.00 A11 32,097,661.67 5.438750% 987,721.53 145,475.96 1,133,197.50 0.00 0.00 A12 8,321,615.99 11.807675% 256,075.95 81,882.45 337,958.40 0.00 0.00 A13 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A14 1,783,678.41 6.750000% 0.00 0.00 0.00 0.00 0.00 A15 10,845,000.00 6.750000% 0.00 61,003.13 61,003.13 0.00 0.00 A16 55,730,000.00 6.750000% 0.00 313,481.25 313,481.25 0.00 0.00 PO 549,679.54 0.000000% 588.24 0.00 588.24 0.00 0.00 X 354,960,069.17 0.445862% 0.00 131,885.88 131,885.88 0.00 0.00 M 9,401,167.52 6.750000% 7,789.65 52,881.57 60,671.22 0.00 0.00 B1 4,476,841.15 6.750000% 3,709.44 25,182.23 28,891.67 0.00 0.00 B2 2,238,420.57 6.750000% 1,854.72 12,591.12 14,445.83 0.00 0.00 B3 1,790,935.34 6.750000% 1,483.94 10,074.01 11,557.95 0.00 0.00 B4 894,970.46 6.750000% 741.56 5,034.21 5,775.77 0.00 0.00 B5 1,343,986.98 6.750000% 1,113.61 7,559.93 8,673.53 0.00 0.00 Residual AR 0.00 6.750000% 0.00 0.07 0.07 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 411,785,638.88 - 5,572,927.09 2,435,055.01 8,007,982.10 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A1 16,573,000.00 0.00 A2 17,387,000.00 0.00 A3 1,742,800.00 0.00 A4 105,261,316.72 0.00 A5 28,028,527.93 0.00 A6 9,422,000.00 0.00 A7 0.00 0.00 A8 23,317,000.00 0.00 A9 63,585,988.14 0.00 A10 14,425,000.00 0.00 A11 31,109,940.14 0.00 A12 8,065,540.04 0.00 A13 0.00 0.00 A14 1,793,711.60 0.00 A15 10,845,000.00 0.00 A16 55,730,000.00 0.00 PO 549,091.30 0.00 X 349,458,818.69 0.00 M 9,393,377.87 0.00 B1 4,473,131.71 0.00 B2 2,236,565.85 0.00 B3 1,789,451.40 0.00 B4 894,228.91 0.00 B5 1,342,873.38 0.00 Residual AR 0.00 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 406,222,744.98 - - --------------------------------------------------------------------------------
Payment Date: 04/25/99 ------------------------------------------------------------ Countrywide Home Loans Mortgage Pass-Through Certificates, Series 1998-15 ------------------------------------------------------------
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 16,573,000.00 6.250000% 12669AYP3 0.000000 5.208333 1,000.000000 A2 17,387,000.00 6.550000% 12669AYQ1 0.000000 5.458333 1,000.000000 A3 1,742,800.00 6.750000% 12669AYR9 0.000000 5.625000 1,000.000000 A4 107,634,343.94 6.750000% 12669AYS7 20.686466 5.277849 917.597823 A5 28,523,451.62 6.750000% 12669AYT5 16.497456 5.348147 934.284264 A6 9,422,000.00 6.750000% 12669AYU2 0.000000 5.625000 1,000.000000 A7 0.00 6.750000% 12669AYV0 0.000000 0.000000 0.000000 A8 23,317,000.00 6.750000% 12669AYW8 0.000000 5.625000 1,000.000000 A9 65,029,885.69 6.750000% 12669AYX6 19.251967 4.877241 847.813175 A10 14,425,000.00 6.750000% 12669AYY4 0.000000 5.625000 1,000.000000 A11 32,097,661.67 5.438750% 12669AYZ1 25.395543 3.740367 799.875047 A12 8,321,615.99 11.807675% 12669AZA5 25.395543 8.120439 799.875047 A13 0.00 6.750000% 12669AZB3 0.000000 0.000000 0.000000 A14 1,783,678.41 6.750000% 12669AZC1 0.000000 0.000000 1,045.895978 A15 10,845,000.00 6.750000% 12669AZD9 0.000000 5.625000 1,000.000000 A16 55,730,000.00 6.750000% 12669AZE7 0.000000 5.625000 1,000.000000 PO 549,679.54 0.000000% 12669AZF4 1.059165 0.000000 988.674484 X 354,960,069.17 0.445862% 12669AZG2 0.000000 0.336529 891.702566 M 9,401,167.52 6.750000% 12669AZJ6 0.823953 5.593565 993.587674 B1 4,476,841.15 6.750000% 12669AZ43 0.823953 5.593565 993.587674 B2 2,238,420.57 6.750000% 12669AZL1 0.823953 5.593565 993.587674 B3 1,790,935.34 6.750000% 12669AZQ0 0.823953 5.593565 993.587674 B4 894,970.46 6.750000% 12669AZR8 0.823953 5.593565 993.587674 B5 1,343,986.98 6.750000% 12669AZS6 0.823953 5.593565 993.587674 Residual AR 0.00 6.750000% 12669AZH0 0.000000 0.726407 0.000000 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 411,785,638.88 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ Countrywide Home Loans Mortgage Pass-Through Certificates, Series 1998-15 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Aggregated stated principal balance 406,222,744.98 406,222,744.98 Aggregated loan count 1268 1268 Aggregated average loan rate 7.402807% 7.40 Aggregated prepayment amount 5,221,650.37 5,221,650.37 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Monthly master servicing fees 81,025.07 81,025.07 Monthly sub servicer fees 6,342.65 6,342.65 Monthly trustee fees 3,088.39 3,088.39 Aggregate advances N/A N/A Advances this periods 29,256.46 29,256.46 - -------------------------------------------------------------------------------- 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 9,003,940.00 9,003,940.00 Special Hazard 7,754,793.55 7,754,793.55 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 411,785,638.88 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 8 2,044,104.39 60 to 89 days 5 1,017,398.25 90 or more 2 1,019,503.34 Foreclosure 0 0.00 Totals: 15 4,081,005.98 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 8,007,982.10 8,007,982.10 Principal remittance amount 5,572,927.09 5,572,927.09 Interest remittance amount 2,435,055.01 2,435,055.01 -----END PRIVACY-ENHANCED MESSAGE-----