-----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, Icssv6gJP5L+0Odr02RgAqFgekZl8asK4BJiBnxK0LUDmGLGeftfeRuTTwkd64z5 jSJh6f29hATosAKLDGeXdg== 0001056404-99-000511.txt : 19990906 0001056404-99-000511.hdr.sgml : 19990906 ACCESSION NUMBER: 0001056404-99-000511 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990825 ITEM INFORMATION: FILED AS OF DATE: 19990903 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORWEST ASSET SEC CORP MORT PASS THR CERT SER 1999-4 TRUST CENTRAL INDEX KEY: 0001082122 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 521972128 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-65481-07 FILM NUMBER: 99705700 BUSINESS ADDRESS: STREET 1: C/O NORWEST BANK MINNESOTA NA STREET 2: 11000 BROKEN LAND PARKWAY CITY: COLUMBIAK STATE: MD ZIP: 21044 BUSINESS PHONE: 4108842000 MAIL ADDRESS: STREET 1: 1000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044-3562 8-K 1 UNITED STATES 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): August 25, 1999 NORWEST ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 1999-4 Trust New York (governing law of 333-65481-07 52-2155932 Pooling and Servicing Agreement) (Commission 52-2155933 (State or other File Number) IRS EIN jurisdiction c/o Norwest Bank Minnesota, N.A. 11000 Broken Land Parkway 21044 Columbia, Maryland (Zip Code) (Address of principal executive offices) Registrant's telephone number, including area code: (410) 884-2000 Former name or former address, if changed since last report) ITEM 5. Other Events On August 25, 1999 a distribution was made to holders of NORWEST ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 1999-4 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description Monthly report distributed to holders of EX-99.1 Mortgage Pass-Through Certificates, Series 1999-4 Trust, relating to the August 25, 1999 distribution. 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 hereunto duly authorized. NORWEST ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 1999-4 Trust By: Norwest Bank Minnesota, N.A., as Master Servicer By: /s/ Sherri J. Sharps, Vice President By: Sherri J. Sharps, Vice President Date: 8/27/99 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 1999-4 Trust, relating to the August 25, 1999 distribution. EX-99.1 2
Norwest Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 7/31/99 Distribution Date: 8/25/99 NASCOR Series: 1999-4 Contact: Customer Service Norwest Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 846-8130 Fax: (301) 846-8152 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution APO NMB9904PO PO 0.00000% 1,169,319.44 0.00 2,092.15 A-1 66937RNG0 SEQ 6.50000% 221,337,537.74 1,198,911.66 2,088,643.03 A-2 66937RNH8 SEQ 6.50000% 223,349,638.81 1,209,810.54 2,563,615.45 A-3 66937RNJ4 SEQ 6.50000% 36,650,000.00 198,520.83 0.00 A-4 66937RNK1 SEQ 6.50000% 24,000,000.00 130,000.00 0.00 A-5 66937RNL9 SEQ 6.50000% 65,000,000.00 352,083.33 0.00 A-6 66937RNM7 SEQ 6.75000% 2,850,000.00 16,031.25 0.00 A-7 66937RNN5 SEQ 6.75000% 2,850,000.00 16,031.25 0.00 A-8 66937RNP0 SEQ 6.75000% 2,375,000.00 13,359.38 0.00 A-9 66937RNQ8 SEQ 6.25000% 8,075,000.00 42,057.29 0.00 A-11 66937RNS4 SEQ 6.25000% 47,093,133.21 245,276.74 444,392.51 A-10 66937RNR6 IO 0.25000% 0.00 9,811.07 0.00 A-12 66937RNT2 SEQ 6.50000% 5,000,000.00 27,083.33 0.00 A-R 66937RNU9 R 6.50000% 0.00 0.00 0.00 A-LR 66937RNV7 R 6.50000% 0.00 0.00 0.00 B-1 66937RNW5 SUB 6.50000% 9,765,999.40 52,899.16 8,228.92 B-2 66937RNX3 SUB 6.50000% 9,417,427.12 51,011.06 7,935.21 B-3 66937RNY1 SUB 6.50000% 3,138,146.45 16,998.29 2,644.23 B-4 66937RPF0 SUB 6.50000% 2,093,425.53 11,339.39 1,763.94 B-5 66937RPG8 SUB 6.50000% 1,394,289.12 7,552.40 1,174.84 B-6 66937RPH6 SUB 6.50000% 1,396,066.08 8,011.57 605.60 Totals 666,954,982.90 3,606,788.54 5,121,095.88
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses APO 0.00 1,167,227.29 2,092.15 0.00 A-1 0.00 219,248,894.70 3,287,554.69 0.00 A-2 0.00 220,786,023.36 3,773,425.99 0.00 A-3 0.00 36,650,000.00 198,520.83 0.00 A-4 0.00 24,000,000.00 130,000.00 0.00 A-5 0.00 65,000,000.00 352,083.33 0.00 A-6 0.00 2,850,000.00 16,031.25 0.00 A-7 0.00 2,850,000.00 16,031.25 0.00 A-8 0.00 2,375,000.00 13,359.38 0.00 A-9 0.00 8,075,000.00 42,057.29 0.00 A-11 0.00 46,648,740.70 689,669.25 0.00 A-10 0.00 0.00 9,811.07 0.00 A-12 0.00 5,000,000.00 27,083.33 0.00 A-R 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 B-1 0.00 9,757,770.48 61,128.08 0.00 B-2 0.00 9,409,491.91 58,946.27 0.00 B-3 0.00 3,135,502.22 19,642.52 0.00 B-4 0.00 2,091,661.59 13,103.33 0.00 B-5 0.00 1,393,114.28 8,727.24 0.00 B-6 570.74 1,394,889.74 8,617.17 2,483.88 Totals 570.74 661,833,316.27 8,727,884.42 2,483.88 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) APO 1,177,293.33 1,169,319.44 1,185.07 907.08 0.00 0.00 A-1 234,999,800.00 221,337,537.74 220,506.33 1,868,136.70 0.00 0.00 A-2 240,119,000.00 223,349,638.81 270,651.05 2,292,964.40 0.00 0.00 A-3 36,650,000.00 36,650,000.00 0.00 0.00 0.00 0.00 A-4 24,000,000.00 24,000,000.00 0.00 0.00 0.00 0.00 A-5 65,000,000.00 65,000,000.00 0.00 0.00 0.00 0.00 A-6 2,850,000.00 2,850,000.00 0.00 0.00 0.00 0.00 A-7 2,850,000.00 2,850,000.00 0.00 0.00 0.00 0.00 A-8 2,375,000.00 2,375,000.00 0.00 0.00 0.00 0.00 A-9 8,075,000.00 8,075,000.00 0.00 0.00 0.00 0.00 A-11 50,000,000.00 47,093,133.21 46,916.28 397,476.23 0.00 0.00 A-10 0.00 0.00 0.00 0.00 0.00 0.00 A-12 5,000,000.00 5,000,000.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 A-LR 100.00 0.00 0.00 0.00 0.00 0.00 B-1 9,806,000.00 9,765,999.40 8,228.92 0.00 0.00 0.00 B-2 9,456,000.00 9,417,427.12 7,935.21 0.00 0.00 0.00 B-3 3,151,000.00 3,138,146.45 2,644.23 0.00 0.00 0.00 B-4 2,102,000.00 2,093,425.53 1,763.94 0.00 0.00 0.00 B-5 1,400,000.00 1,394,289.12 1,174.84 0.00 0.00 0.00 B-6 1,401,784.23 1,396,066.08 605.60 0.00 0.00 570.74 Totals 700,413,077.56 666,954,982.90 561,611.47 4,559,484.41 0.00 570.74 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution APO 2,092.15 1,167,227.29 0.99144985 2,092.15 A-1 2,088,643.03 219,248,894.70 0.93297481 2,088,643.03 A-2 2,563,615.45 220,786,023.36 0.91948585 2,563,615.45 A-3 0.00 36,650,000.00 1.00000000 0.00 A-4 0.00 24,000,000.00 1.00000000 0.00 A-5 0.00 65,000,000.00 1.00000000 0.00 A-6 0.00 2,850,000.00 1.00000000 0.00 A-7 0.00 2,850,000.00 1.00000000 0.00 A-8 0.00 2,375,000.00 1.00000000 0.00 A-9 0.00 8,075,000.00 1.00000000 0.00 A-11 444,392.51 46,648,740.70 0.93297481 444,392.51 A-10 0.00 0.00 0.00000000 0.00 A-12 0.00 5,000,000.00 1.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 B-1 8,228.92 9,757,770.48 0.99508163 8,228.92 B-2 7,935.21 9,409,491.91 0.99508163 7,935.21 B-3 2,644.23 3,135,502.22 0.99508163 2,644.23 B-4 1,763.94 2,091,661.59 0.99508163 1,763.94 B-5 1,174.84 1,393,114.28 0.99508163 1,174.84 B-6 1,176.34 1,394,889.74 0.99508163 605.60 Totals 5,121,666.62 661,833,316.27 0.94491856 5,121,095.88
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion APO 1,177,293.33 993.22693011 1.00660555 0.77047918 0.00000000 A-1 234,999,800.00 941.86266431 0.93832561 7.94952464 0.00000000 A-2 240,119,000.00 930.16228957 1.12715383 9.54928348 0.00000000 A-3 36,650,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 24,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 65,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 2,850,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-7 2,850,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-8 2,375,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-9 8,075,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-11 50,000,000.00 941.86266420 0.93832560 7.94952460 0.00000000 A-10 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-12 5,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 9,806,000.00 995.92080359 0.83917194 0.00000000 0.00000000 B-2 9,456,000.00 995.92080372 0.83917195 0.00000000 0.00000000 B-3 3,151,000.00 995.92080292 0.83917169 0.00000000 0.00000000 B-4 2,102,000.00 995.92080400 0.83917222 0.00000000 0.00000000 B-5 1,400,000.00 995.92080000 0.83917143 0.00000000 0.00000000 B-6 1,401,784.23 995.92080587 0.43202084 0.00000000 0.00000000 (2) Per $1,000 denominations.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution APO 0.00000000 1.77708473 991.44984538 0.99144985 1.77708473 A-1 0.00000000 8.88785024 932.97481402 0.93297481 8.88785024 A-2 0.00000000 10.67643731 919.48585226 0.91948585 10.67643731 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-11 0.00000000 8.88785020 932.97481400 0.93297481 8.88785020 A-10 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-12 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.83917194 995.08163165 0.99508163 0.83917194 B-2 0.00000000 0.83917195 995.08163177 0.99508163 0.83917195 B-3 0.00000000 0.83917169 995.08163123 0.99508163 0.83917169 B-4 0.00000000 0.83917222 995.08163178 0.99508163 0.83917222 B-5 0.00000000 0.83917143 995.08162857 0.99508163 0.83917143 B-6 0.40715253 0.83917337 995.08163250 0.99508163 0.43202084 (3) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall APO 1,177,293.33 0.00000% 1,169,319.44 0.00 0.00 0.00 A-1 234,999,800.00 6.50000% 221,337,537.74 1,198,911.66 0.00 0.00 A-2 240,119,000.00 6.50000% 223,349,638.81 1,209,810.54 0.00 0.00 A-3 36,650,000.00 6.50000% 36,650,000.00 198,520.83 0.00 0.00 A-4 24,000,000.00 6.50000% 24,000,000.00 130,000.00 0.00 0.00 A-5 65,000,000.00 6.50000% 65,000,000.00 352,083.33 0.00 0.00 A-6 2,850,000.00 6.75000% 2,850,000.00 16,031.25 0.00 0.00 A-7 2,850,000.00 6.75000% 2,850,000.00 16,031.25 0.00 0.00 A-8 2,375,000.00 6.75000% 2,375,000.00 13,359.38 0.00 0.00 A-9 8,075,000.00 6.25000% 8,075,000.00 42,057.29 0.00 0.00 A-11 50,000,000.00 6.25000% 47,093,133.21 245,276.74 0.00 0.00 A-10 0.00 0.25000% 47,093,133.21 9,811.07 0.00 0.00 A-12 5,000,000.00 6.50000% 5,000,000.00 27,083.33 0.00 0.00 A-R 100.00 6.50000% 0.00 0.00 0.00 0.00 A-LR 100.00 6.50000% 0.00 0.00 0.00 0.00 B-1 9,806,000.00 6.50000% 9,765,999.40 52,899.16 0.00 0.00 B-2 9,456,000.00 6.50000% 9,417,427.12 51,011.06 0.00 0.00 B-3 3,151,000.00 6.50000% 3,138,146.45 16,998.29 0.00 0.00 B-4 2,102,000.00 6.50000% 2,093,425.53 11,339.39 0.00 0.00 B-5 1,400,000.00 6.50000% 1,394,289.12 7,552.40 0.00 0.00 B-6 1,401,784.23 6.50000% 1,396,066.08 7,562.02 449.55 0.00 Totals 700,413,077.56 3,606,338.99 449.55 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance APO 0.00 0.00 0.00 0.00 1,167,227.29 A-1 0.00 0.00 1,198,911.66 0.00 219,248,894.70 A-2 0.00 0.00 1,209,810.54 0.00 220,786,023.36 A-3 0.00 0.00 198,520.83 0.00 36,650,000.00 A-4 0.00 0.00 130,000.00 0.00 24,000,000.00 A-5 0.00 0.00 352,083.33 0.00 65,000,000.00 A-6 0.00 0.00 16,031.25 0.00 2,850,000.00 A-7 0.00 0.00 16,031.25 0.00 2,850,000.00 A-8 0.00 0.00 13,359.38 0.00 2,375,000.00 A-9 0.00 0.00 42,057.29 0.00 8,075,000.00 A-11 0.00 0.00 245,276.74 0.00 46,648,740.70 A-10 0.00 0.00 9,811.07 0.00 46,648,740.70 A-12 0.00 0.00 27,083.33 0.00 5,000,000.00 A-R 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 52,899.16 0.00 9,757,770.48 B-2 0.00 0.00 51,011.06 0.00 9,409,491.91 B-3 0.00 0.00 16,998.29 0.00 3,135,502.22 B-4 0.00 0.00 11,339.39 0.00 2,091,661.59 B-5 0.00 0.00 7,552.40 0.00 1,393,114.28 B-6 0.00 0.00 8,011.57 0.00 1,394,889.74 Totals 0.00 0.00 3,606,788.54 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankrupcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall APO 1,177,293.33 0.00000% 993.22693011 0.00000000 0.00000000 0.00000000 A-1 234,999,800.00 6.50000% 941.86266431 5.10175609 0.00000000 0.00000000 A-2 240,119,000.00 6.50000% 930.16228957 5.03837905 0.00000000 0.00000000 A-3 36,650,000.00 6.50000% 1000.00000000 5.41666658 0.00000000 0.00000000 A-4 24,000,000.00 6.50000% 1000.00000000 5.41666667 0.00000000 0.00000000 A-5 65,000,000.00 6.50000% 1000.00000000 5.41666662 0.00000000 0.00000000 A-6 2,850,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000 A-7 2,850,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000 A-8 2,375,000.00 6.75000% 1000.00000000 5.62500211 0.00000000 0.00000000 A-9 8,075,000.00 6.25000% 1000.00000000 5.20833313 0.00000000 0.00000000 A-11 50,000,000.00 6.25000% 941.86266420 4.90553480 0.00000000 0.00000000 A-10 0.00 0.25000% 941.86266420 0.19622140 0.00000000 0.00000000 A-12 5,000,000.00 6.50000% 1000.00000000 5.41666600 0.00000000 0.00000000 A-R 100.00 6.50000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 100.00 6.50000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 9,806,000.00 6.50000% 995.92080359 5.39457067 0.00000000 0.00000000 B-2 9,456,000.00 6.50000% 995.92080372 5.39457064 0.00000000 0.00000000 B-3 3,151,000.00 6.50000% 995.92080292 5.39456998 0.00000000 0.00000000 B-4 2,102,000.00 6.50000% 995.92080400 5.39457184 0.00000000 0.00000000 B-5 1,400,000.00 6.50000% 995.92080000 5.39457143 0.00000000 0.00000000 B-6 1,401,784.23 6.50000% 995.92080587 5.39456775 0.32069843 0.00000000 (5) Per $1,000 denominations.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance APO 0.00000000 0.00000000 0.00000000 0.00000000 991.44984538 A-1 0.00000000 0.00000000 5.10175609 0.00000000 932.97481402 A-2 0.00000000 0.00000000 5.03837905 0.00000000 919.48585226 A-3 0.00000000 0.00000000 5.41666658 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 5.41666667 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 5.41666662 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000 A-7 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000 A-8 0.00000000 0.00000000 5.62500211 0.00000000 1000.00000000 A-9 0.00000000 0.00000000 5.20833313 0.00000000 1000.00000000 A-11 0.00000000 0.00000000 4.90553480 0.00000000 932.97481400 A-10 0.00000000 0.00000000 0.19622140 0.00000000 932.97481400 A-12 0.00000000 0.00000000 5.41666600 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 5.39457067 0.00000000 995.08163165 B-2 0.00000000 0.00000000 5.39457064 0.00000000 995.08163177 B-3 0.00000000 0.00000000 5.39456998 0.00000000 995.08163123 B-4 0.00000000 0.00000000 5.39457184 0.00000000 995.08163178 B-5 0.00000000 0.00000000 5.39457143 0.00000000 995.08162857 B-6 0.00000000 0.00000000 5.71526618 0.00000000 995.08163250 (6) Amount Does Not Include Excess Special Hazard, Bankrupcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 9,064,661.91 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Total Deposits 9,064,661.91 Withdrawals Reimbursement for Servicer Advances 165,184.46 Payment of Service Fee 146,427.92 Payment of Interest and Principal 8,727,884.45 Total Withdrawals (Pool Distribution Amount) 9,039,496.83 Ending Balance 25,165.08
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1,966.85 Servicing Fee Support 1,966.85 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 138,946.42 Master Servicing Fee 9,448.35 Supported Prepayment/Curtailment Interest Shortfall 1,966.85 Net Servicing Fee 146,427.92
DELINQUENCY STATUS Percentage Delinquent Based On Current Unpaid Number Principal Number Unpaid Of Loans Balance Of Loans Balance 30 Days 3 1,105,744.21 0.157315% 0.167073% 60 Days 0 0.00 0.000000% 0.000000% 90+ Days 0 0.00 0.000000% 0.000000% Foreclosure 1 328,248.13 0.052438% 0.049597% REO 0 0.00 0.000000% 0.000000% Totals 4 1,433,992.34 0.209754% 0.216670%
OTHER INFORMATION Current Period Realized Loss - Includes Interest Shortfall 570.74 Cumulative Realized Losses - Includes Interest Shortfall 2,483.88 Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 717,947.14
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Next Original $ Original % Current $ Current % Class% Prepayment% Class A 27,316,784.23 3.90009626% 27,182,430.22 4.10714141% 95.885602% 100.000000% Class B-1 17,510,784.23 2.50006529% 17,424,659.74 2.63278673% 1.476959% 0.000000% Class B-2 8,054,784.23 1.15000483% 8,015,167.83 1.21105536% 1.424243% 0.000000% Class B-3 4,903,784.23 0.70012745% 4,879,665.61 0.73729525% 0.474597% 0.000000% Class B-4 2,801,784.23 0.40001883% 2,788,004.02 0.42125471% 0.316599% 0.000000% Class B-5 1,401,784.23 0.20013679% 1,394,889.74 0.21076149% 0.210865% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.211134% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 250,000.00 0.03569322% 250,000.00 0.03777386% Fraud 14,008,261.55 2.00000000% 14,008,261.55 2.11658452% Special Hazard 9,807,762.50 1.40028261% 9,807,762.50 1.48190825% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 7.165074% Weighted Average Pass-Through Rate 6.500000% Weighted Average Maturity(Stepdown Calculation ) 352 Beginning Scheduled Collateral Loan Count 1,919 Number Of Loans Paid In Full 12 Ending Scheduled Collateral Loan Count 1,907 Beginning Scheduled Collateral Balance 666,954,982.90 Ending Scheduled Collateral Balance 661,833,316.27 Ending Actual Collateral Balance at 31-Jul-1999 664,129,783.15 Ending Scheduled Balance For Norwest 556,089,703.37 Ending Scheduled Balance For Other Services 105,743,612.90 Monthly P &I Constant 4,320,793.42 Class A Optimal Amount 8,555,627.66 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 589,061,384.12 Ending scheduled Balance For discounted Loans 72,771,932.15 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 601,812,481.57 Greater Than 80%, less than or equal to 85% 9,517,942.13 Greater than 85%, less than or equal to 95% 50,050,131.91 Greater than 95% 526,296.27
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