-----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, BbiN1I69t2eWxTi4PtlbvnAeliY6QoJf14CipzKwOPtp2BFB4nfKAGMeJQP99Ouc 9EH6R+IOXEaScoQMllVpCw== 0001056404-99-000716.txt : 19991213 0001056404-99-000716.hdr.sgml : 19991213 ACCESSION NUMBER: 0001056404-99-000716 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991126 ITEM INFORMATION: FILED AS OF DATE: 19991210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORWEST ASSET SEC CORP MORT PASS THR CERT SER 1999-11 TRUST CENTRAL INDEX KEY: 0001085000 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: 333-65481-15 FILM NUMBER: 99772476 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 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): November 26, 1999 NORWEST ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 1999-11 Trust New York (governing law of 333-65481-15 52-2175498 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 November 26, 1999 a distribution was made to holders of NORWEST ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 1999-11 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 1999-11 Trust, relating to the November 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 1999-11 Trust By: Norwest Bank Minnesota, N.A, as Master Servicer By: /s/ Sherri J. Sharps, Vice President By: Sherri J. Sharps, Vice President Date: 12/9/99 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 1999-11 Trust, relating to the November 26, 1999 distribution. EX-99.1 2
Norwest Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 10/31/99 Distribution Date: 11/26/99 NASCOR Series: 1999-11 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 NMB9911PO PO 0.00000% 4,838,808.36 0.00 16,311.87 A-1 66937RSJ9 SEQ 6.75000% 93,262,817.92 524,603.35 675,930.72 A-2 66937RSK6 SEQ 6.75000% 74,778,835.28 420,630.95 438,354.60 A-3 66937RSL4 SEQ 7.00000% 2,605,000.00 15,195.83 0.00 A-4 66937RSM2 SEQ 6.75000% 1,640,000.00 9,225.00 0.00 A-5 66937RSN0 SEQ 7.00000% 2,208,000.00 12,880.00 0.00 A-6 66937RSP5 SEQ 7.00000% 1,908,000.00 11,130.00 0.00 A-7 66937RSQ3 SEQ 7.25000% 1,640,000.00 9,908.33 0.00 A-8 66937RSR1 SEQ 6.75000% 3,627,000.00 20,401.88 0.00 A-9 66937RSS9 SEQ 6.75000% 5,320,000.00 29,925.00 0.00 A-10 66937RST7 SEQ 6.75000% 2,067,000.00 11,626.88 0.00 A-11 66937RSU4 SEQ 6.75000% 4,877,000.00 27,433.13 0.00 A-12 66937RSV2 SEQ 6.75000% 3,695,000.00 20,784.38 0.00 A-13 66937RSW0 SEQ 6.75000% 9,195,000.00 51,721.88 0.00 A-14 66937RSX8 SEQ 8.00000% 500,000.00 3,333.33 0.00 A-15 66937RSY6 SEQ 6.50000% 750,000.00 4,062.50 0.00 A-16 66937RSZ3 SEQ 7.00000% 750,000.00 4,375.00 0.00 A-17 66937RTA7 SEQ 6.75000% 94,377,753.24 530,874.86 617,807.97 A-18 66937RTB5 SEQ 6.50000% 46,952,275.75 254,324.83 275,234.91 A-19 66937RTC3 SEQ 7.00000% 46,952,275.75 273,888.28 275,234.91 A-20 66937RTD1 SEQ 6.50000% 10,001,000.00 54,172.08 0.00 A-21 66937RTE9 SEQ 6.75000% 47,500,000.00 267,187.50 0.00 A-R 66937RTF6 R 6.75000% 0.00 0.00 0.00 B-1 66937RTG4 SUB 6.75000% 11,449,153.13 64,401.49 9,949.46 B-2 66937RTH2 SUB 6.75000% 3,484,395.09 19,599.72 3,027.98 B-3 66937RTJ8 SUB 6.75000% 1,492,459.35 8,395.08 1,296.97 B-4 66937RUJ6 SUB 6.75000% 1,493,454.32 8,400.68 1,297.83 B-5 66937RUK3 SUB 6.75000% 846,721.94 4,762.81 735.81 B-6 66937RUL1 SUB 6.75000% 1,144,000.21 6,435.00 977.54 Totals 479,355,950.34 2,669,679.77 2,316,160.57
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses APO 0.00 4,822,496.48 16,311.87 0.00 A-1 0.00 92,586,887.20 1,200,534.07 0.00 A-2 0.00 74,340,480.67 858,985.55 0.00 A-3 0.00 2,605,000.00 15,195.83 0.00 A-4 0.00 1,640,000.00 9,225.00 0.00 A-5 0.00 2,208,000.00 12,880.00 0.00 A-6 0.00 1,908,000.00 11,130.00 0.00 A-7 0.00 1,640,000.00 9,908.33 0.00 A-8 0.00 3,627,000.00 20,401.88 0.00 A-9 0.00 5,320,000.00 29,925.00 0.00 A-10 0.00 2,067,000.00 11,626.88 0.00 A-11 0.00 4,877,000.00 27,433.13 0.00 A-12 0.00 3,695,000.00 20,784.38 0.00 A-13 0.00 9,195,000.00 51,721.88 0.00 A-14 0.00 500,000.00 3,333.33 0.00 A-15 0.00 750,000.00 4,062.50 0.00 A-16 0.00 750,000.00 4,375.00 0.00 A-17 0.00 93,759,945.27 1,148,682.83 0.00 A-18 0.00 46,677,040.84 529,559.74 0.00 A-19 0.00 46,677,040.84 549,123.19 0.00 A-20 0.00 10,001,000.00 54,172.08 0.00 A-21 0.00 47,500,000.00 267,187.50 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 11,439,203.66 74,350.95 0.00 B-2 0.00 3,481,367.10 22,627.70 0.00 B-3 0.00 1,491,162.38 9,692.05 0.00 B-4 0.00 1,492,156.49 9,698.51 0.00 B-5 0.00 845,986.12 5,498.62 0.00 B-6 16.61 1,143,006.06 7,412.54 775.24 Totals 16.61 477,039,773.11 4,985,840.34 775.24 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 4,876,053.95 4,838,808.36 4,532.56 11,779.32 0.00 0.00 A-1 99,414,000.00 93,262,817.92 116,988.13 558,942.59 0.00 0.00 A-2 78,768,000.00 74,778,835.28 75,869.14 362,485.46 0.00 0.00 A-3 2,605,000.00 2,605,000.00 0.00 0.00 0.00 0.00 A-4 1,640,000.00 1,640,000.00 0.00 0.00 0.00 0.00 A-5 2,208,000.00 2,208,000.00 0.00 0.00 0.00 0.00 A-6 1,908,000.00 1,908,000.00 0.00 0.00 0.00 0.00 A-7 1,640,000.00 1,640,000.00 0.00 0.00 0.00 0.00 A-8 3,627,000.00 3,627,000.00 0.00 0.00 0.00 0.00 A-9 5,320,000.00 5,320,000.00 0.00 0.00 0.00 0.00 A-10 2,067,000.00 2,067,000.00 0.00 0.00 0.00 0.00 A-11 4,877,000.00 4,877,000.00 0.00 0.00 0.00 0.00 A-12 3,695,000.00 3,695,000.00 0.00 0.00 0.00 0.00 A-13 9,195,000.00 9,195,000.00 0.00 0.00 0.00 0.00 A-14 500,000.00 500,000.00 0.00 0.00 0.00 0.00 A-15 750,000.00 750,000.00 0.00 0.00 0.00 0.00 A-16 750,000.00 750,000.00 0.00 0.00 0.00 0.00 A-17 100,000,000.00 94,377,753.24 106,928.41 510,879.56 0.00 0.00 A-18 49,457,000.00 46,952,275.75 47,636.86 227,598.05 0.00 0.00 A-19 49,457,000.00 46,952,275.75 47,636.86 227,598.05 0.00 0.00 A-20 10,001,000.00 10,001,000.00 0.00 0.00 0.00 0.00 A-21 47,500,000.00 47,500,000.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 11,507,000.00 11,449,153.13 9,949.46 0.00 0.00 0.00 B-2 3,502,000.00 3,484,395.09 3,027.98 0.00 0.00 0.00 B-3 1,500,000.00 1,492,459.35 1,296.97 0.00 0.00 0.00 B-4 1,501,000.00 1,493,454.32 1,297.83 0.00 0.00 0.00 B-5 851,000.00 846,721.94 735.81 0.00 0.00 0.00 B-6 1,149,780.27 1,144,000.21 977.54 0.00 0.00 16.61 Totals 500,265,934.22 479,355,950.34 416,877.55 1,899,283.03 0.00 16.61 (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 16,311.87 4,822,496.48 0.98901623 16,311.87 A-1 675,930.72 92,586,887.20 0.93132644 675,930.72 A-2 438,354.60 74,340,480.67 0.94379038 438,354.60 A-3 0.00 2,605,000.00 1.00000000 0.00 A-4 0.00 1,640,000.00 1.00000000 0.00 A-5 0.00 2,208,000.00 1.00000000 0.00 A-6 0.00 1,908,000.00 1.00000000 0.00 A-7 0.00 1,640,000.00 1.00000000 0.00 A-8 0.00 3,627,000.00 1.00000000 0.00 A-9 0.00 5,320,000.00 1.00000000 0.00 A-10 0.00 2,067,000.00 1.00000000 0.00 A-11 0.00 4,877,000.00 1.00000000 0.00 A-12 0.00 3,695,000.00 1.00000000 0.00 A-13 0.00 9,195,000.00 1.00000000 0.00 A-14 0.00 500,000.00 1.00000000 0.00 A-15 0.00 750,000.00 1.00000000 0.00 A-16 0.00 750,000.00 1.00000000 0.00 A-17 617,807.97 93,759,945.27 0.93759945 617,807.97 A-18 275,234.91 46,677,040.84 0.94379038 275,234.91 A-19 275,234.91 46,677,040.84 0.94379038 275,234.91 A-20 0.00 10,001,000.00 1.00000000 0.00 A-21 0.00 47,500,000.00 1.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 B-1 9,949.46 11,439,203.66 0.99410825 9,949.46 B-2 3,027.98 3,481,367.10 0.99410825 3,027.98 B-3 1,296.97 1,491,162.38 0.99410825 1,296.97 B-4 1,297.83 1,492,156.49 0.99410825 1,297.83 B-5 735.81 845,986.12 0.99410825 735.81 B-6 994.15 1,143,006.06 0.99410826 977.54 Totals 2,316,177.18 477,039,773.11 0.95357237 2,316,160.57
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion APO 4,876,053.95 992.36153037 0.92955493 2.41574850 0.00000000 A-1 99,414,000.00 938.12559519 1.17677721 5.62237301 0.00000000 A-2 78,768,000.00 949.35551595 0.96319749 4.60193810 0.00000000 A-3 2,605,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 1,640,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 2,208,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 1,908,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-7 1,640,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-8 3,627,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-9 5,320,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-10 2,067,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-11 4,877,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-12 3,695,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-13 9,195,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-14 500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-15 750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-16 750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-17 100,000,000.00 943.77753240 1.06928410 5.10879560 0.00000000 A-18 49,457,000.00 949.35551590 0.96319753 4.60193805 0.00000000 A-19 49,457,000.00 949.35551590 0.96319753 4.60193805 0.00000000 A-20 10,001,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-21 47,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 11,507,000.00 994.97289737 0.86464413 0.00000000 0.00000000 B-2 3,502,000.00 994.97289834 0.86464306 0.00000000 0.00000000 B-3 1,500,000.00 994.97290000 0.86464667 0.00000000 0.00000000 B-4 1,501,000.00 994.97289807 0.86464357 0.00000000 0.00000000 B-5 851,000.00 994.97290247 0.86464160 0.00000000 0.00000000 B-6 1,149,780.27 994.97290034 0.85019723 0.00000000 0.00000000 (2) Per $1,000 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 3.34530138 989.01622694 0.98901623 3.34530138 A-1 0.00000000 6.79915022 931.32644497 0.93132644 6.79915022 A-2 0.00000000 5.56513559 943.79038023 0.94379038 5.56513559 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-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 0.00000000 1,000.00000000 1.00000000 0.00000000 A-16 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-17 0.00000000 6.17807970 937.59945270 0.93759945 6.17807970 A-18 0.00000000 5.56513557 943.79038033 0.94379038 5.56513557 A-19 0.00000000 5.56513557 943.79038033 0.94379038 5.56513557 A-20 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-21 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.86464413 994.10825237 0.99410825 0.86464413 B-2 0.00000000 0.86464306 994.10825243 0.99410825 0.86464306 B-3 0.00000000 0.86464667 994.10825333 0.99410825 0.86464667 B-4 0.00000000 0.86464357 994.10825450 0.99410825 0.86464357 B-5 0.00000000 0.86464160 994.10824912 0.99410825 0.86464160 B-6 0.01444624 0.86464347 994.10825688 0.99410826 0.85019723 (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 4,876,053.95 0.00000% 4,838,808.36 0.00 0.00 0.00 A-1 99,414,000.00 6.75000% 93,262,817.92 524,603.35 0.00 0.00 A-2 78,768,000.00 6.75000% 74,778,835.28 420,630.95 0.00 0.00 A-3 2,605,000.00 7.00000% 2,605,000.00 15,195.83 0.00 0.00 A-4 1,640,000.00 6.75000% 1,640,000.00 9,225.00 0.00 0.00 A-5 2,208,000.00 7.00000% 2,208,000.00 12,880.00 0.00 0.00 A-6 1,908,000.00 7.00000% 1,908,000.00 11,130.00 0.00 0.00 A-7 1,640,000.00 7.25000% 1,640,000.00 9,908.33 0.00 0.00 A-8 3,627,000.00 6.75000% 3,627,000.00 20,401.88 0.00 0.00 A-9 5,320,000.00 6.75000% 5,320,000.00 29,925.00 0.00 0.00 A-10 2,067,000.00 6.75000% 2,067,000.00 11,626.88 0.00 0.00 A-11 4,877,000.00 6.75000% 4,877,000.00 27,433.13 0.00 0.00 A-12 3,695,000.00 6.75000% 3,695,000.00 20,784.38 0.00 0.00 A-13 9,195,000.00 6.75000% 9,195,000.00 51,721.88 0.00 0.00 A-14 500,000.00 8.00000% 500,000.00 3,333.33 0.00 0.00 A-15 750,000.00 6.50000% 750,000.00 4,062.50 0.00 0.00 A-16 750,000.00 7.00000% 750,000.00 4,375.00 0.00 0.00 A-17 100,000,000.00 6.75000% 94,377,753.24 530,874.86 0.00 0.00 A-18 49,457,000.00 6.50000% 46,952,275.75 254,324.83 0.00 0.00 A-19 49,457,000.00 7.00000% 46,952,275.75 273,888.28 0.00 0.00 A-20 10,001,000.00 6.50000% 10,001,000.00 54,172.08 0.00 0.00 A-21 47,500,000.00 6.75000% 47,500,000.00 267,187.50 0.00 0.00 A-R 100.00 6.75000% 0.00 0.00 0.00 0.00 B-1 11,507,000.00 6.75000% 11,449,153.13 64,401.49 0.00 0.00 B-2 3,502,000.00 6.75000% 3,484,395.09 19,599.72 0.00 0.00 B-3 1,500,000.00 6.75000% 1,492,459.35 8,395.08 0.00 0.00 B-4 1,501,000.00 6.75000% 1,493,454.32 8,400.68 0.00 0.00 B-5 851,000.00 6.75000% 846,721.94 4,762.81 0.00 0.00 B-6 1,149,780.27 6.75000% 1,144,000.21 6,435.00 0.00 0.00 Totals 500,265,934.22 2,669,679.77 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 4,822,496.48 A-1 0.00 0.00 524,603.35 0.00 92,586,887.20 A-2 0.00 0.00 420,630.95 0.00 74,340,480.67 A-3 0.00 0.00 15,195.83 0.00 2,605,000.00 A-4 0.00 0.00 9,225.00 0.00 1,640,000.00 A-5 0.00 0.00 12,880.00 0.00 2,208,000.00 A-6 0.00 0.00 11,130.00 0.00 1,908,000.00 A-7 0.00 0.00 9,908.33 0.00 1,640,000.00 A-8 0.00 0.00 20,401.88 0.00 3,627,000.00 A-9 0.00 0.00 29,925.00 0.00 5,320,000.00 A-10 0.00 0.00 11,626.88 0.00 2,067,000.00 A-11 0.00 0.00 27,433.13 0.00 4,877,000.00 A-12 0.00 0.00 20,784.38 0.00 3,695,000.00 A-13 0.00 0.00 51,721.88 0.00 9,195,000.00 A-14 0.00 0.00 3,333.33 0.00 500,000.00 A-15 0.00 0.00 4,062.50 0.00 750,000.00 A-16 0.00 0.00 4,375.00 0.00 750,000.00 A-17 0.00 0.00 530,874.86 0.00 93,759,945.27 A-18 0.00 0.00 254,324.83 0.00 46,677,040.84 A-19 0.00 0.00 273,888.28 0.00 46,677,040.84 A-20 0.00 0.00 54,172.08 0.00 10,001,000.00 A-21 0.00 0.00 267,187.50 0.00 47,500,000.00 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 64,401.49 0.00 11,439,203.66 B-2 0.00 0.00 19,599.72 0.00 3,481,367.10 B-3 0.00 0.00 8,395.08 0.00 1,491,162.38 B-4 0.00 0.00 8,400.68 0.00 1,492,156.49 B-5 0.00 0.00 4,762.81 0.00 845,986.12 B-6 0.00 0.00 6,435.00 0.00 1,143,006.06 Totals 0.00 0.00 2,669,679.77 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 4,876,053.95 0.00000% 992.36153037 0.00000000 0.00000000 0.00000000 A-1 99,414,000.00 6.75000% 938.12559519 5.27695646 0.00000000 0.00000000 A-2 78,768,000.00 6.75000% 949.35551595 5.34012480 0.00000000 0.00000000 A-3 2,605,000.00 7.00000% 1000.00000000 5.83333205 0.00000000 0.00000000 A-4 1,640,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000 A-5 2,208,000.00 7.00000% 1000.00000000 5.83333333 0.00000000 0.00000000 A-6 1,908,000.00 7.00000% 1000.00000000 5.83333333 0.00000000 0.00000000 A-7 1,640,000.00 7.25000% 1000.00000000 6.04166463 0.00000000 0.00000000 A-8 3,627,000.00 6.75000% 1000.00000000 5.62500138 0.00000000 0.00000000 A-9 5,320,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000 A-10 2,067,000.00 6.75000% 1000.00000000 5.62500242 0.00000000 0.00000000 A-11 4,877,000.00 6.75000% 1000.00000000 5.62500103 0.00000000 0.00000000 A-12 3,695,000.00 6.75000% 1000.00000000 5.62500135 0.00000000 0.00000000 A-13 9,195,000.00 6.75000% 1000.00000000 5.62500054 0.00000000 0.00000000 A-14 500,000.00 8.00000% 1000.00000000 6.66666000 0.00000000 0.00000000 A-15 750,000.00 6.50000% 1000.00000000 5.41666667 0.00000000 0.00000000 A-16 750,000.00 7.00000% 1000.00000000 5.83333333 0.00000000 0.00000000 A-17 100,000,000.00 6.75000% 943.77753240 5.30874860 0.00000000 0.00000000 A-18 49,457,000.00 6.50000% 949.35551590 5.14234244 0.00000000 0.00000000 A-19 49,457,000.00 7.00000% 949.35551590 5.53790727 0.00000000 0.00000000 A-20 10,001,000.00 6.50000% 1000.00000000 5.41666633 0.00000000 0.00000000 A-21 47,500,000.00 6.75000% 1000.00000000 5.62500000 0.00000000 0.00000000 A-R 100.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 11,507,000.00 6.75000% 994.97289737 5.59672286 0.00000000 0.00000000 B-2 3,502,000.00 6.75000% 994.97289834 5.59672187 0.00000000 0.00000000 B-3 1,500,000.00 6.75000% 994.97290000 5.59672000 0.00000000 0.00000000 B-4 1,501,000.00 6.75000% 994.97289807 5.59672219 0.00000000 0.00000000 B-5 851,000.00 6.75000% 994.97290247 5.59672150 0.00000000 0.00000000 B-6 1,149,780.27 6.75000% 994.97290034 5.59672154 0.00000000 0.00000000 (5) Per $1,000 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 989.01622694 A-1 0.00000000 0.00000000 5.27695646 0.00000000 931.32644497 A-2 0.00000000 0.00000000 5.34012480 0.00000000 943.79038023 A-3 0.00000000 0.00000000 5.83333205 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 5.83333333 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 5.83333333 0.00000000 1000.00000000 A-7 0.00000000 0.00000000 6.04166463 0.00000000 1000.00000000 A-8 0.00000000 0.00000000 5.62500138 0.00000000 1000.00000000 A-9 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000 A-10 0.00000000 0.00000000 5.62500242 0.00000000 1000.00000000 A-11 0.00000000 0.00000000 5.62500103 0.00000000 1000.00000000 A-12 0.00000000 0.00000000 5.62500135 0.00000000 1000.00000000 A-13 0.00000000 0.00000000 5.62500054 0.00000000 1000.00000000 A-14 0.00000000 0.00000000 6.66666000 0.00000000 1000.00000000 A-15 0.00000000 0.00000000 5.41666667 0.00000000 1000.00000000 A-16 0.00000000 0.00000000 5.83333333 0.00000000 1000.00000000 A-17 0.00000000 0.00000000 5.30874860 0.00000000 937.59945270 A-18 0.00000000 0.00000000 5.14234244 0.00000000 943.79038033 A-19 0.00000000 0.00000000 5.53790727 0.00000000 943.79038033 A-20 0.00000000 0.00000000 5.41666633 0.00000000 1000.00000000 A-21 0.00000000 0.00000000 5.62500000 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 5.59672286 0.00000000 994.10825237 B-2 0.00000000 0.00000000 5.59672187 0.00000000 994.10825243 B-3 0.00000000 0.00000000 5.59672000 0.00000000 994.10825333 B-4 0.00000000 0.00000000 5.59672219 0.00000000 994.10825450 B-5 0.00000000 0.00000000 5.59672150 0.00000000 994.10824912 B-6 0.00000000 0.00000000 5.59672154 0.00000000 994.10825688 (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 CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 5,323,984.10 Liquidations, Insurance Proceeds, Reserve Funds 520.83 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Losses 0.00 Total Deposits 5,324,504.93 Withdrawals Reimbursement for Servicer Advances 228,992.39 Payment of Service Fee 105,299.03 Payment of Interest and Principal 4,985,840.35 Total Withdrawals (Pool Distribution Amount) 5,320,131.77 Ending Balance 4,373.16
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1,355.41 Servicing Fee Support 1,355.41 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 99,863.71 Master Servicing Fee 6,790.73 Supported Prepayment/Curtailment Interest Shortfall 1,355.41 Net Servicing Fee 105,299.04
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 3,125.02 520.83 0.00 2,604.19
CERTIFICATEHOLDER DELINQUENCY/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS Percentage Delinquent Based On Current Unpaid Number Principal Number Unpaid Of Loans Balance Of Loans Balance 30 Days 1 266,206.27 0.077640% 0.055804% 60 Days 3 1,003,822.93 0.232919% 0.210428% 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 4 1,270,029.20 0.310559% 0.266231%
OTHER INFORMATION Current Period Realized Loss - Includes Interest Shortfall 16.61 Cumulative Realized Losses - Includes Interest Shortfall 775.24 Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 452,216.56
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Next Original $ Original % Current $ Current % Class% Prepayment% Class A 20,010,780.27 4.00002857% 19,892,881.81 4.17006777% 95.787346% 100.000000% Class B-1 8,503,780.27 1.69985196% 8,453,678.15 1.77211181% 2.422445% 0.000000% Class B-2 5,001,780.27 0.99982428% 4,972,311.05 1.04232631% 0.737238% 0.000000% Class B-3 3,501,780.27 0.69998375% 3,481,148.67 0.72973971% 0.315779% 0.000000% Class B-4 2,000,780.27 0.39994334% 1,988,992.18 0.41694473% 0.315989% 0.000000% Class B-5 1,149,780.27 0.22983381% 1,143,006.06 0.23960393% 0.179152% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.242051% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 115,446.37 0.02307700% 115,446.37 0.02420058% Fraud 10,005,318.68 2.00000000% 10,005,318.68 2.09737620% Special Hazard 7,500,909.51 1.49938443% 7,500,909.51 1.57238661% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 7.121282% Weighted Average Pass-Through Rate 6.750000% Weighted Average Maturity(Stepdown Calculation ) 350 Beginning Scheduled Collateral Loan Count 1,293 Number Of Loans Paid In Full 5 Ending Scheduled Collateral Loan Count 1,288 Beginning Scheduled Collateral Balance 479,355,950.31 Ending Scheduled Collateral Balance 477,039,773.11 Ending Actual Collateral Balance at 31-Oct-1999 478,530,711.58 Ending Scheduled Balance For Norwest 414,924,344.87 Ending Scheduled Balance For Other Services 62,115,428.24 Monthly P &I Constant 3,194,035.75 Class A Optimal Amount 4,840,248.10 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 280,356,948.26 Ending scheduled Balance For discounted Loans 196,682,824.85 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 434,613,727.47 Greater Than 80%, less than or equal to 85% 5,488,556.83 Greater than 85%, less than or equal to 95% 34,342,974.84 Greater than 95% 2,639,964.07
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