-----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, SsJo2qFb5rVKD66s4xIE6qAgKGKhFWwkBFqLyb7CD9kFf93svHd/6ecIkJkWnYWY rTsjGL0qVIe7SkuXBXi21Q== 0001056404-99-000438.txt : 19990806 0001056404-99-000438.hdr.sgml : 19990806 ACCESSION NUMBER: 0001056404-99-000438 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990726 ITEM INFORMATION: FILED AS OF DATE: 19990805 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORWEST ASSET SECURITIES CORP MOR PASS THR CER SER 1999-8 TR CENTRAL INDEX KEY: 0001082511 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 521972128 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-65481-11 FILM NUMBER: 99678110 BUSINESS ADDRESS: STREET 1: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 4108842248 MAIL ADDRESS: STREET 1: 11000 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): July 26, 1999 NORWEST ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 1999-8 Trust New York (governing law of 333-65481-11 52-2166524 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) 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 July 26, 1999 a distribution was made to holders of NORWEST ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 1999-8 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 1999-8 Trust, relating to the July 26, 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 1999-8 Trust By: Norwest Bank Minnesota, N.A., as Master Servicer By: /s/ Sherri J. Sharps, Vice President By: Sherri J. Sharps, Vice President Date: 7/31/99 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 1999-8 Trust, relating to the July 26, 1999 distribution. EX-99.1 2
Norwest Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 6/30/99 Distribution Date: 7/26/99 NASCOR Series: 1999-8 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 NMB9908PO PO 0.00000% 715,897.23 0.00 728.07 A-1 66937RPM5 SEQ 6.50000% 65,122,650.01 352,747.69 400,493.75 A-2 66937RPN3 SEQ 6.50000% 2,000,000.00 10,833.33 0.00 A-3 66937RPP8 SEQ 6.50000% 47,874,857.11 259,322.14 40,065.82 A-4 66937RPQ6 SEQ 6.50000% 24,195,687.19 131,059.97 159,756.40 A-5 66937RPR4 SEQ 6.50000% 1,781,647.00 9,650.59 0.00 A-6 66937RPS2 SEQ 6.50000% 10,657,740.69 57,729.43 261,640.25 A-7 66937RPT0 SEQ 6.50000% 25,000,000.00 135,416.67 0.00 A-8 66937RPU7 SEQ 6.50000% 48,885,369.00 264,795.75 0.00 A-9 66937RPV5 SEQ 6.50000% 217,466,410.40 1,177,943.06 1,595,669.39 A-10 66937RPW3 PO 0.00000% 1,715,299.00 0.00 0.00 A-11 66937RPX1 SEQ 7.00000% 4,642,000.00 27,078.33 0.00 A-12 66937RPY9 SEQ 7.00000% 3,520,000.00 20,533.33 0.00 A-13 66937RPZ6 SEQ 7.00000% 9,136,875.00 53,298.44 0.00 A-14 66937RQA0 SEQ 7.00000% 5,000,000.00 29,166.67 0.00 A-15 66937RQB8 SEQ 6.50000% 498,772.01 2,701.68 417.42 A-R 66937RQC6 R 6.50000% 0.00 0.00 0.00 B-1 66937RQD4 SUB 6.50000% 6,982,808.18 37,823.54 5,843.82 B-2 66937RQE2 SUB 6.50000% 6,733,422.18 36,472.70 5,635.11 B-3 66937RQF9 SUB 6.50000% 2,244,474.06 12,157.57 1,878.37 B-4 66937RRW1 SUB 6.50000% 1,496,316.04 8,105.05 1,252.25 B-5 66937RRX9 SUB 6.50000% 997,544.03 5,403.36 834.83 B-6 66937RRY7 SUB 6.50000% 998,284.70 5,407.38 714.34 Totals 487,666,053.83 2,637,646.68 2,474,929.82
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses APO 0.00 715,169.17 728.07 0.00 A-1 0.00 64,722,156.26 753,241.44 0.00 A-2 0.00 2,000,000.00 10,833.33 0.00 A-3 0.00 47,834,791.29 299,387.96 0.00 A-4 0.00 24,035,930.79 290,816.37 0.00 A-5 0.00 1,781,647.00 9,650.59 0.00 A-6 0.00 10,396,100.44 319,369.68 0.00 A-7 0.00 25,000,000.00 135,416.67 0.00 A-8 0.00 48,885,369.00 264,795.75 0.00 A-9 0.00 215,870,741.01 2,773,612.45 0.00 A-10 0.00 1,715,299.00 0.00 0.00 A-11 0.00 4,642,000.00 27,078.33 0.00 A-12 0.00 3,520,000.00 20,533.33 0.00 A-13 0.00 9,136,875.00 53,298.44 0.00 A-14 0.00 5,000,000.00 29,166.67 0.00 A-15 0.00 498,354.60 3,119.10 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 6,976,964.36 43,667.36 0.00 B-2 0.00 6,727,787.07 42,107.81 0.00 B-3 0.00 2,242,595.69 14,035.94 0.00 B-4 0.00 1,495,063.79 9,357.30 0.00 B-5 0.00 996,709.19 6,238.19 0.00 B-6 121.11 997,449.25 6,121.72 1,171.58 Totals 121.11 485,191,002.91 5,112,576.50 1,171.58 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. Edward M. Frere, Jr. Vice President, Norwest Bank Minnesota, N.A.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) APO 718,195.09 715,897.23 665.75 62.32 0.00 0.00 A-1 67,138,984.00 65,122,650.01 58,106.84 342,386.91 0.00 0.00 A-2 2,000,000.00 2,000,000.00 0.00 0.00 0.00 0.00 A-3 47,992,726.00 47,874,857.11 40,065.82 0.00 0.00 0.00 A-4 25,000,000.00 24,195,687.19 23,178.74 136,577.66 0.00 0.00 A-5 1,781,647.00 1,781,647.00 0.00 0.00 0.00 0.00 A-6 11,975,000.00 10,657,740.69 37,960.86 223,679.38 0.00 0.00 A-7 25,000,000.00 25,000,000.00 0.00 0.00 0.00 0.00 A-8 48,885,369.00 48,885,369.00 0.00 0.00 0.00 0.00 A-9 225,500,000.00 217,466,410.40 231,512.50 1,364,156.89 0.00 0.00 A-10 1,715,299.00 1,715,299.00 0.00 0.00 0.00 0.00 A-11 4,642,000.00 4,642,000.00 0.00 0.00 0.00 0.00 A-12 3,520,000.00 3,520,000.00 0.00 0.00 0.00 0.00 A-13 9,136,875.00 9,136,875.00 0.00 0.00 0.00 0.00 A-14 5,000,000.00 5,000,000.00 0.00 0.00 0.00 0.00 A-15 500,000.00 498,772.01 417.42 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 7,000,000.00 6,982,808.18 5,843.82 0.00 0.00 0.00 B-2 6,750,000.00 6,733,422.18 5,635.11 0.00 0.00 0.00 B-3 2,250,000.00 2,244,474.06 1,878.37 0.00 0.00 0.00 B-4 1,500,000.00 1,496,316.04 1,252.25 0.00 0.00 0.00 B-5 1,000,000.00 997,544.03 834.83 0.00 0.00 0.00 B-6 1,000,742.50 998,284.70 714.34 0.00 0.00 121.11 Totals 500,006,937.59 487,666,053.83 408,066.65 2,066,863.16 0.00 121.11 (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 728.07 715,169.17 0.99578677 728.07 A-1 400,493.75 64,722,156.26 0.96400262 400,493.75 A-2 0.00 2,000,000.00 1.00000000 0.00 A-3 40,065.82 47,834,791.29 0.99670919 40,065.82 A-4 159,756.40 24,035,930.79 0.96143723 159,756.40 A-5 0.00 1,781,647.00 1.00000000 0.00 A-6 261,640.25 10,396,100.44 0.86815035 261,640.25 A-7 0.00 25,000,000.00 1.00000000 0.00 A-8 0.00 48,885,369.00 1.00000000 0.00 A-9 1,595,669.39 215,870,741.01 0.95729819 1,595,669.39 A-10 0.00 1,715,299.00 1.00000000 0.00 A-11 0.00 4,642,000.00 1.00000000 0.00 A-12 0.00 3,520,000.00 1.00000000 0.00 A-13 0.00 9,136,875.00 1.00000000 0.00 A-14 0.00 5,000,000.00 1.00000000 0.00 A-15 417.42 498,354.60 0.99670920 417.42 A-R 0.00 0.00 0.00000000 0.00 B-1 5,843.82 6,976,964.36 0.99670919 5,843.82 B-2 5,635.11 6,727,787.07 0.99670920 5,635.11 B-3 1,878.37 2,242,595.69 0.99670920 1,878.37 B-4 1,252.25 1,495,063.79 0.99670919 1,252.25 B-5 834.83 996,709.19 0.99670919 834.83 B-6 835.45 997,449.25 0.99670919 714.34 Totals 2,475,050.93 485,191,002.91 0.97036854 2,474,929.82
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion APO 718,195.09 996.80050723 0.92697654 0.08677308 0.00000000 A-1 67,138,984.00 969.96776135 0.86547095 5.09967369 0.00000000 A-2 2,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 47,992,726.00 997.54402594 0.83483110 0.00000000 0.00000000 A-4 25,000,000.00 967.82748760 0.92714960 5.46310640 0.00000000 A-5 1,781,647.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 11,975,000.00 889.99922255 3.17000919 18.67886263 0.00000000 A-7 25,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-8 48,885,369.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-9 225,500,000.00 964.37432550 1.02666297 6.04947623 0.00000000 A-10 1,715,299.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-11 4,642,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-12 3,520,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-13 9,136,875.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-14 5,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-15 500,000.00 997.54402000 0.83484000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 7,000,000.00 997.54402571 0.83483143 0.00000000 0.00000000 B-2 6,750,000.00 997.54402667 0.83483111 0.00000000 0.00000000 B-3 2,250,000.00 997.54402667 0.83483111 0.00000000 0.00000000 B-4 1,500,000.00 997.54402667 0.83483333 0.00000000 0.00000000 B-5 1,000,000.00 997.54403000 0.83483000 0.00000000 0.00000000 B-6 1,000,742.50 997.54402356 0.71381000 0.00000000 0.00000000 (2) Per $1,000 Denomination, except Class A-R, which is Per $100 Denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution APO 0.00000000 1.01374962 995.78677153 0.99578677 1.01374962 A-1 0.00000000 5.96514463 964.00261672 0.96400262 5.96514463 A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-3 0.00000000 0.83483110 996.70919485 0.99670919 0.83483110 A-4 0.00000000 6.39025600 961.43723160 0.96143723 6.39025600 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-6 0.00000000 21.84887265 868.15034990 0.86815035 21.84887265 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 7.07613920 957.29818630 0.95729819 7.07613920 A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-12 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-13 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-14 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-15 0.00000000 0.83484000 996.70920000 0.99670920 0.83484000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.83483143 996.70919429 0.99670919 0.83483143 B-2 0.00000000 0.83483111 996.70919556 0.99670920 0.83483111 B-3 0.00000000 0.83483111 996.70919556 0.99670920 0.83483111 B-4 0.00000000 0.83483333 996.70919333 0.99670919 0.83483333 B-5 0.00000000 0.83483000 996.70919000 0.99670919 0.83483000 B-6 0.12102014 0.83483014 996.70919342 0.99670919 0.71381000 (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 718,195.09 0.00000% 715,897.23 0.00 0.00 0.00 A-1 67,138,984.00 6.50000% 65,122,650.01 352,747.69 0.00 0.00 A-2 2,000,000.00 6.50000% 2,000,000.00 10,833.33 0.00 0.00 A-3 47,992,726.00 6.50000% 47,874,857.11 259,322.14 0.00 0.00 A-4 25,000,000.00 6.50000% 24,195,687.19 131,059.97 0.00 0.00 A-5 1,781,647.00 6.50000% 1,781,647.00 9,650.59 0.00 0.00 A-6 11,975,000.00 6.50000% 10,657,740.69 57,729.43 0.00 0.00 A-7 25,000,000.00 6.50000% 25,000,000.00 135,416.67 0.00 0.00 A-8 48,885,369.00 6.50000% 48,885,369.00 264,795.75 0.00 0.00 A-9 225,500,000.00 6.50000% 217,466,410.40 1,177,943.06 0.00 0.00 A-10 1,715,299.00 0.00000% 1,715,299.00 0.00 0.00 0.00 A-11 4,642,000.00 7.00000% 4,642,000.00 27,078.33 0.00 0.00 A-12 3,520,000.00 7.00000% 3,520,000.00 20,533.33 0.00 0.00 A-13 9,136,875.00 7.00000% 9,136,875.00 53,298.44 0.00 0.00 A-14 5,000,000.00 7.00000% 5,000,000.00 29,166.67 0.00 0.00 A-15 500,000.00 6.50000% 498,772.01 2,701.68 0.00 0.00 A-R 100.00 6.50000% 0.00 0.00 0.00 0.00 B-1 7,000,000.00 6.50000% 6,982,808.18 37,823.54 0.00 0.00 B-2 6,750,000.00 6.50000% 6,733,422.18 36,472.70 0.00 0.00 B-3 2,250,000.00 6.50000% 2,244,474.06 12,157.57 0.00 0.00 B-4 1,500,000.00 6.50000% 1,496,316.04 8,105.05 0.00 0.00 B-5 1,000,000.00 6.50000% 997,544.03 5,403.36 0.00 0.00 B-6 1,000,742.50 6.50000% 998,284.70 5,407.38 0.00 0.00 Totals 500,006,937.59 2,637,646.68 0.00 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 0.00 715,169.17 A-1 0.00 0.00 352,747.69 0.00 64,722,156.26 A-2 0.00 0.00 10,833.33 0.00 2,000,000.00 A-3 0.00 0.00 259,322.14 0.00 47,834,791.29 A-4 0.00 0.00 131,059.97 0.00 24,035,930.79 A-5 0.00 0.00 9,650.59 0.00 1,781,647.00 A-6 0.00 0.00 57,729.43 0.00 10,396,100.44 A-7 0.00 0.00 135,416.67 0.00 25,000,000.00 A-8 0.00 0.00 264,795.75 0.00 48,885,369.00 A-9 0.00 0.00 1,177,943.06 0.00 215,870,741.01 A-10 0.00 0.00 0.00 0.00 1,715,299.00 A-11 0.00 0.00 27,078.33 0.00 4,642,000.00 A-12 0.00 0.00 20,533.33 0.00 3,520,000.00 A-13 0.00 0.00 53,298.44 0.00 9,136,875.00 A-14 0.00 0.00 29,166.67 0.00 5,000,000.00 A-15 0.00 0.00 2,701.68 0.00 498,354.60 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 37,823.54 0.00 6,976,964.36 B-2 0.00 0.00 36,472.70 0.00 6,727,787.07 B-3 0.00 0.00 12,157.57 0.00 2,242,595.69 B-4 0.00 0.00 8,105.05 0.00 1,495,063.79 B-5 0.00 0.00 5,403.36 0.00 996,709.19 B-6 0.00 0.00 5,407.38 0.00 997,449.25 Totals 0.00 0.00 2,637,646.68 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 718,195.09 0.00000% 996.80050723 0.00000000 0.00000000 0.00000000 A-1 67,138,984.00 6.50000% 969.96776135 5.25399208 0.00000000 0.00000000 A-2 2,000,000.00 6.50000% 1000.00000000 5.41666500 0.00000000 0.00000000 A-3 47,992,726.00 6.50000% 997.54402594 5.40336342 0.00000000 0.00000000 A-4 25,000,000.00 6.50000% 967.82748760 5.24239880 0.00000000 0.00000000 A-5 1,781,647.00 6.50000% 1000.00000000 5.41666784 0.00000000 0.00000000 A-6 11,975,000.00 6.50000% 889.99922255 4.82082923 0.00000000 0.00000000 A-7 25,000,000.00 6.50000% 1000.00000000 5.41666680 0.00000000 0.00000000 A-8 48,885,369.00 6.50000% 1000.00000000 5.41666669 0.00000000 0.00000000 A-9 225,500,000.00 6.50000% 964.37432550 5.22369428 0.00000000 0.00000000 A-10 1,715,299.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 A-11 4,642,000.00 7.00000% 1000.00000000 5.83333262 0.00000000 0.00000000 A-12 3,520,000.00 7.00000% 1000.00000000 5.83333239 0.00000000 0.00000000 A-13 9,136,875.00 7.00000% 1000.00000000 5.83333361 0.00000000 0.00000000 A-14 5,000,000.00 7.00000% 1000.00000000 5.83333400 0.00000000 0.00000000 A-15 500,000.00 6.50000% 997.54402000 5.40336000 0.00000000 0.00000000 A-R 100.00 6.50000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 7,000,000.00 6.50000% 997.54402571 5.40336286 0.00000000 0.00000000 B-2 6,750,000.00 6.50000% 997.54402667 5.40336296 0.00000000 0.00000000 B-3 2,250,000.00 6.50000% 997.54402667 5.40336444 0.00000000 0.00000000 B-4 1,500,000.00 6.50000% 997.54402667 5.40336667 0.00000000 0.00000000 B-5 1,000,000.00 6.50000% 997.54403000 5.40336000 0.00000000 0.00000000 B-6 1,000,742.50 6.50000% 997.54402356 5.40336800 0.00000000 0.00000000 (5) Per $1,000 Denomination, except Class A-R, which is Per $100 Denomination.
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 995.78677153 A-1 0.00000000 0.00000000 5.25399208 0.00000000 964.00261672 A-2 0.00000000 0.00000000 5.41666500 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 5.40336342 0.00000000 996.70919485 A-4 0.00000000 0.00000000 5.24239880 0.00000000 961.43723160 A-5 0.00000000 0.00000000 5.41666784 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 4.82082923 0.00000000 868.15034990 A-7 0.00000000 0.00000000 5.41666680 0.00000000 1000.00000000 A-8 0.00000000 0.00000000 5.41666669 0.00000000 1000.00000000 A-9 0.00000000 0.00000000 5.22369428 0.00000000 957.29818630 A-10 0.00000000 0.00000000 0.00000000 0.00000000 1000.00000000 A-11 0.00000000 0.00000000 5.83333262 0.00000000 1000.00000000 A-12 0.00000000 0.00000000 5.83333239 0.00000000 1000.00000000 A-13 0.00000000 0.00000000 5.83333361 0.00000000 1000.00000000 A-14 0.00000000 0.00000000 5.83333400 0.00000000 1000.00000000 A-15 0.00000000 0.00000000 5.40336000 0.00000000 996.70920000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 5.40336286 0.00000000 996.70919429 B-2 0.00000000 0.00000000 5.40336296 0.00000000 996.70919556 B-3 0.00000000 0.00000000 5.40336444 0.00000000 996.70919556 B-4 0.00000000 0.00000000 5.40336667 0.00000000 996.70919333 B-5 0.00000000 0.00000000 5.40336000 0.00000000 996.70919000 B-6 0.00000000 0.00000000 5.40336800 0.00000000 996.70919342 (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.
CERTIFICATEHOLDER ACCOUNT STATEMENT Beginning Balance 39,584.15 Deposits Payments of Interest and Principal 5,064,198.48 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 115,723.13 Realized Losses 0.00 Total Deposits 5,179,921.61 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 106,929.27 Payment of Interest and Principal 5,112,576.48 Total Withdrawals (Pool Distribution Amount) 5,219,505.75 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1,576.16 Servicing Fee Support 1,576.16 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 101,596.85 Master Servicing Fee 6,908.59 Supported Prepayment/Curtailment Interest Shortfall 1,576.16 Net Servicing Fee 106,929.27
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Class A-14 Rounding Account 999.99 0.00 0.00 999.99
CERTIFICATE DELIQUENCY / CREDIT ENHANCEMENT STATEMENT PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Percentage Delinquent Based On Current Unpaid Number Principal Number Unpaid Of Loans Balance Of Loans Balance 30 Days 8 2,727,092.42 0.575126% 0.562066% 60 Days 2 448,995.75 0.143781% 0.092540% 90+ Days 0 0.00 0.000000% 0.000000% Foreclosure 0 0.00 0.000000% 0.000000% REO 0 0.00 0.000000% 0.000000% Totals 10 3,176,088.17 0.718907% 0.654606%
OTHER INFORMATION Current Period Realized Loss - Includes Interest Shortfall 121.11 Cumulative Realized Losses - Includes Interest Shortfall 1,171.58 Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 623,797.69
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Next Original $ Original % Current $ Current % Class% Prepayment% Class A 19,500,742.50 3.90009439% 19,436,569.35 4.00596244% 95.988124% 100.000000% Class B-1 12,500,742.50 2.50011381% 12,459,604.99 2.56797940% 1.440106% 0.000000% Class B-2 5,750,742.50 1.15013254% 5,731,817.92 1.18135289% 1.388673% 0.000000% Class B-3 3,500,742.50 0.70013879% 3,489,222.23 0.71914405% 0.462891% 0.000000% Class B-4 2,000,742.50 0.40014295% 1,994,158.44 0.41100483% 0.308594% 0.000000% Class B-5 1,000,742.50 0.20014572% 997,449.25 0.20557868% 0.205729% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.205882% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 131,449.40 0.02628952% 131,449.40 0.02709230% Fraud 10,007,172.48 2.00140673% 10,007,172.48 2.06252227% Special Hazard 6,870,129.01 1.37400674% 6,870,129.01 1.41596381% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 7.154079% Weighted Average Pass-Through Rate 6.500000% Weighted Average Maturity(Stepdown Calculation ) 353 Begin Scheduled Collateral Loan Count 1,397 Number Of Loans Paid In Full 6 Ending Scheduled Collateral Loan Count 1,391 Beginning Scheduled Collateral Balance 487,666,053.82 Ending Scheduled Collateral Balance 485,191,002.91 Ending Actual Collateral Balance at 30-Jun-1999 486,289,477.25 Ending Scheduled Balance For Norwest 413,470,735.16 Ending Scheduled Balance For Other Services 71,720,267.75 Monthly P &I Constant 3,155,950.65 Class A Optimal Amount 4,990,320.10 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 438,980,420.72 Ending scheduled Balance For discounted Loans 46,210,582.19 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 435,488,532.83 Greater Than 80%, less than or equal to 85% 7,867,769.03 Greater than 85%, less than or equal to 95% 37,912,880.64 Greater than 95% 3,991,189.12
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