-----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, KAnHPwzJoLGdUZ6q0gpkKDMzePSLq/wUnjWJd4H3aJFXXSH5Lk9hvOYPN8VSuvKu GbYxGu/VQb51/ffjfXu4tQ== 0001071787-99-000553.txt : 19991231 0001071787-99-000553.hdr.sgml : 19991231 ACCESSION NUMBER: 0001071787-99-000553 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991125 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991230 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: 99784303 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): November 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 November 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 November 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: November 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 November 25, 1999 EX-99.1466 2 COMPUTATIONAL MATERIAL Payment Date: 11/25/99 ------------------------------------------------------------ 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 15,624,741.72 6.250000% 240,065.63 81,378.86 321,444.50 0.00 0.00 A2 17,387,000.00 6.550000% 0.00 94,904.04 94,904.04 0.00 0.00 A3 1,672,558.65 6.750000% 0.00 9,408.14 9,408.14 0.00 0.00 A4 94,478,686.73 6.750000% 461,743.21 531,442.61 993,185.82 0.00 0.00 A5 25,779,679.29 6.750000% 96,302.16 145,010.70 241,312.86 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% 0.00 131,158.12 131,158.12 0.00 0.00 A9 57,025,164.52 6.750000% 280,953.33 320,766.55 601,719.88 0.00 0.00 A10 14,425,000.00 6.750000% 0.00 81,140.62 81,140.62 0.00 0.00 A11 27,362,378.86 5.908750% 8,286.60 134,731.21 143,017.81 0.00 0.00 A12 7,093,950.07 9.994818% 2,148.38 59,085.62 61,233.99 0.00 0.00 A13 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A14 1,855,107.09 6.750000% 0.00 0.00 0.00 0.00 0.00 A15 10,845,000.00 6.750000% 0.00 61,003.12 61,003.12 0.00 0.00 A16 55,730,000.00 6.750000% 0.00 313,481.25 313,481.25 0.00 0.00 PO 517,038.63 0.000000% 7,823.82 0.00 7,823.82 0.00 0.00 X 325,521,460.90 0.434870% 0.00 117,966.27 117,966.27 0.00 0.00 M 9,345,138.20 6.750000% 8,308.80 52,566.40 60,875.20 0.00 0.00 B1 4,450,159.95 6.750000% 3,956.65 25,032.15 28,988.80 0.00 0.00 B2 2,225,079.98 6.750000% 1,978.33 12,516.07 14,494.40 0.00 0.00 B3 1,780,261.68 6.750000% 1,582.84 10,013.97 11,596.81 0.00 0.00 B4 889,636.60 6.750000% 790.98 5,004.21 5,795.19 0.00 0.00 B5 1,335,977.05 6.750000% 1,187.82 7,514.87 8,702.69 0.00 0.00 Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 380,889,000.38 - 1,115,128.54 2,247,123.56 3,362,252.10 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A1 15,384,676.09 0.00 A2 17,387,000.00 0.00 A3 1,654,776.01 0.00 A4 94,016,943.53 0.00 A5 25,683,377.13 0.00 A6 9,422,000.00 0.00 A7 0.00 0.00 A8 23,317,000.00 0.00 A9 56,744,211.20 0.00 A10 14,425,000.00 0.00 A11 27,354,092.26 0.00 A12 7,091,801.70 0.00 A13 0.00 0.00 A14 1,865,542.07 0.00 A15 10,845,000.00 0.00 A16 55,730,000.00 0.00 PO 509,214.82 0.00 X 324,842,639.60 0.00 M 9,336,829.41 0.00 B1 4,446,203.30 0.00 B2 2,223,101.65 0.00 B3 1,778,678.84 0.00 B4 888,845.62 0.00 B5 1,334,789.23 0.00 Residual AR 0.00 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 379,784,306.82 - - --------------------------------------------------------------------------------
Payment Date: 11/25/99 ------------------------------------------------------------ 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 15,624,741.72 6.250000% 12669AYP3 14.485346 4.910328 928.297598 A2 17,387,000.00 6.550000% 12669AYQ1 0.000000 5.458333 1,000.000000 A3 1,672,558.65 6.750000% 12669AYR9 0.000000 5.398291 949.492774 A4 94,478,686.73 6.750000% 12669AYS7 4.025169 4.632762 819.576891 A5 25,779,679.29 6.750000% 12669AYT5 3.210072 4.833690 856.112571 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 57,025,164.52 6.750000% 12669AYX6 3.746044 4.276887 756.589483 A10 14,425,000.00 6.750000% 12669AYY4 0.000000 5.625000 1,000.000000 A11 27,362,378.86 5.908750% 12669AYZ1 0.213059 3.464106 703.307552 A12 7,093,950.07 9.994818% 12669AZA5 0.213059 5.859634 703.307552 A13 0.00 6.750000% 12669AZB3 0.000000 0.000000 0.000000 A14 1,855,107.09 6.750000% 12669AZC1 0.000000 0.000000 1,087.779633 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 517,038.63 0.000000% 12669AZF4 14.087295 0.000000 916.874756 X 325,521,460.90 0.434870% 12669AZG2 0.000000 0.301011 828.890272 M 9,345,138.20 6.750000% 12669AZJ6 0.878866 5.560229 987.606241 B1 4,450,159.95 6.750000% 12669AZ43 0.878866 5.560229 987.606241 B2 2,225,079.98 6.750000% 12669AZL1 0.878866 5.560229 987.606241 B3 1,780,261.68 6.750000% 12669AZQ0 0.878866 5.560229 987.606241 B4 889,636.60 6.750000% 12669AZR8 0.878866 5.560229 987.606241 B5 1,335,977.05 6.750000% 12669AZS6 0.878866 5.560228 987.606161 Residual AR 0.00 6.750000% 12669AZH0 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 380,889,000.38 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ Countrywide Home Loans Mortgage Pass-Through Certificates, Series 1998-15 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Aggregated stated principal balance 379,784,302.66 379,784,302.66 Aggregated loan count 1186 1186 Aggregated average loan rate 7.390128% 7.39 Aggregated prepayment amount 766,013.14 766,013.14 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Monthly master servicing fees 78,456.66 78,456.66 Monthly sub servicer fees 5,915.06 5,915.06 Monthly trustee fees 2,856.67 2,856.67 Aggregate advances N/A N/A Advances this periods 26,445.98 26,445.98 - -------------------------------------------------------------------------------- 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 4,501,970.21 4,501,970.21 Special Hazard 7,416,503.08 7,416,503.08 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 380,889,000.38 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 10 2,090,179.64 60 to 89 days 1 825,855.54 90 or more 1 458,607.04 Foreclosure 1 301,045.70 Totals: 13 3,675,687.92 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- REO INFORMATION - -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 102,777.40 Current Total Outstanding Number of Loans: 1 - -------------------------------------------------------------------------------- OTHER INFORMATION - -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 3,362,252.10 3,362,252.10 Principal remittance amount 1,115,128.54 1,115,128.54 Interest remittance amount 2,247,123.56 2,247,123.56 -----END PRIVACY-ENHANCED MESSAGE-----