-----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, Hxb36cHpkrutS5kJTXeoGYEPOycvCxmGgoOuR+4tBJvG/NsNXSPGhP3a4IRSnPRF jAiAX4QvKerBN219RsUp4A== 0001056404-99-000400.txt : 19990712 0001056404-99-000400.hdr.sgml : 19990712 ACCESSION NUMBER: 0001056404-99-000400 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990625 ITEM INFORMATION: FILED AS OF DATE: 19990709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORWEST ASSET SEC CORP MORT PASS THR CERT SER 1999-13 TRUST CENTRAL INDEX KEY: 0001086506 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: 333-65481-16 FILM NUMBER: 99661771 BUSINESS ADDRESS: STREET 1: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 4108842248 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): June 25, 1999 NORWEST ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 1999-13 Trust New York (governing law of 333-65481-16 PENDING 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 June 25, 1999 a distribution was made to holders of NORWEST ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 1999-13 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 1999-13 Trust, relating to the June 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 1999-13 Trust By: Norwest Bank Minnesota, N.A., as Master Servicer By: /s/ Sherri J. Sharps, Vice President By: Sherri J. Sharps, Vice President Date: 6/28/99 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 1999-13 Trust, relating to the June 25, 1999 distribution. EX-99.1 2
Norwest Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 5/31/99 Distribution Date: 6/25/99 NASCOR Series: 1999-13 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 NMB9913PO PO 0.00000% 3,885,940.90 0.00 6,355.33 A-1 66937RTT6 SEQ 5.95000% 17,152,000.00 85,045.33 0.00 A-2 66937RTU3 SEQ 6.00000% 30,213,000.00 151,065.00 0.00 A-3 66937RTV1 SEQ 6.20000% 77,385,000.00 399,822.50 0.00 A-4 66937RTW9 SEQ 5.95000% 127,164,629.66 630,524.62 1,124,026.83 A-5 66937RTX7 SEQ 6.30000% 20,765,399.91 109,018.35 183,548.42 A-6 66937RTY5 SEQ 6.75000% 87,646,303.79 651,359.82 -493,010.46 A-7 66937RTZ2 SEQ 6.75000% 1,287,148.71 7,240.21 -7,240.21 A-8 66937RUA5 SEQ 5.95250% 10,554,031.65 52,352.39 988,259.94 A-9 66937RUB3 SEQ 11.05650% 1,954,450.23 18,007.82 183,011.09 A-10 66937RUC1 SEQ 6.75000% 584,334.88 3,286.88 584,334.88 A-R 66937RUD9 R 6.75000% 0.00 0.00 0.00 A-LR 66937RUE7 R 6.75000% 0.00 0.00 0.00 B-1 66937RUF4 SUB 6.75000% 9,194,562.15 51,719.41 7,557.28 B-2 66937RUG2 SUB 6.75000% 2,798,735.99 15,742.89 2,300.36 B-3 66937RUH0 SUB 6.75000% 1,199,030.06 6,744.54 985.52 B-4 66937RUQ0 SUB 6.75000% 1,200,029.25 6,750.16 986.34 B-5 66937RUR8 SUB 6.75000% 679,450.37 3,821.91 558.46 B-6 66937RUS6 SUB 6.75000% 919,933.88 5,174.63 438.39 Totals 394,583,981.43 2,197,676.46 2,582,112.17
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses APO 0.00 3,879,585.57 6,355.33 0.00 A-1 0.00 17,152,000.00 85,045.33 0.00 A-2 0.00 30,213,000.00 151,065.00 0.00 A-3 0.00 77,385,000.00 399,822.50 0.00 A-4 0.00 126,040,602.83 1,754,551.45 0.00 A-5 0.00 20,581,851.49 292,566.77 0.00 A-6 0.00 88,139,314.25 158,349.36 0.00 A-7 0.00 1,294,388.92 0.00 0.00 A-8 0.00 9,565,771.71 1,040,612.33 0.00 A-9 0.00 1,771,439.14 201,018.91 0.00 A-10 0.00 0.00 587,621.76 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 9,187,004.87 59,276.69 0.00 B-2 0.00 2,796,435.63 18,043.25 0.00 B-3 0.00 1,198,044.54 7,730.06 0.00 B-4 0.00 1,199,042.91 7,736.50 0.00 B-5 0.00 678,891.91 4,380.37 0.00 B-6 317.73 919,177.76 5,613.02 450.33 Totals 317.73 392,001,551.53 4,779,788.63 450.33 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 3,890,005.63 3,885,940.90 3,449.16 2,906.17 0.00 0.00 A-1 17,152,000.00 17,152,000.00 0.00 0.00 0.00 0.00 A-2 30,213,000.00 30,213,000.00 0.00 0.00 0.00 0.00 A-3 77,385,000.00 77,385,000.00 0.00 0.00 0.00 0.00 A-4 128,142,000.00 127,164,629.66 135,071.94 988,954.89 0.00 0.00 A-5 20,925,000.00 20,765,399.91 22,056.63 161,491.79 0.00 0.00 A-6 87,156,051.00 87,646,303.79 0.00 0.00 -493,010.46 0.00 A-7 1,279,949.00 1,287,148.71 0.00 0.00 -7,240.21 0.00 A-8 10,579,783.00 10,554,031.65 118,757.12 869,502.82 0.00 0.00 A-9 1,959,219.00 1,954,450.23 21,992.06 161,019.03 0.00 0.00 A-10 5,425,798.00 584,334.88 70,613.27 517,008.49 -3,286.88 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 9,202,000.00 9,194,562.15 7,557.28 0.00 0.00 0.00 B-2 2,801,000.00 2,798,735.99 2,300.36 0.00 0.00 0.00 B-3 1,200,000.00 1,199,030.06 985.52 0.00 0.00 0.00 B-4 1,201,000.00 1,200,029.25 986.34 0.00 0.00 0.00 B-5 680,000.00 679,450.37 558.46 0.00 0.00 0.00 B-6 920,678.05 919,933.88 438.39 0.00 0.00 317.73 Totals 400,112,683.68 394,583,981.43 384,766.53 2,700,883.19 (503,537.55) 317.73 (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 6,355.33 3,879,585.57 0.99732133 6,355.33 A-1 0.00 17,152,000.00 1.00000000 0.00 A-2 0.00 30,213,000.00 1.00000000 0.00 A-3 0.00 77,385,000.00 1.00000000 0.00 A-4 1,124,026.83 126,040,602.83 0.98360103 1,124,026.83 A-5 183,548.42 20,581,851.49 0.98360103 183,548.42 A-6 (493,010.46) 88,139,314.25 1.01128164 (493,010.46) A-7 (7,240.21) 1,294,388.92 1.01128164 (7,240.21) A-8 988,259.94 9,565,771.71 0.90415576 988,259.94 A-9 183,011.09 1,771,439.14 0.90415576 183,011.09 A-10 584,334.88 0.00 0.00000000 584,334.88 A-R 0.00 0.00 0.00000000 0.00 A-LR 0.00 0.00 0.00000000 0.00 B-1 7,557.28 9,187,004.87 0.99837045 7,557.28 B-2 2,300.36 2,796,435.63 0.99837045 2,300.36 B-3 985.52 1,198,044.54 0.99837045 985.52 B-4 986.34 1,199,042.91 0.99837045 986.34 B-5 558.46 678,891.91 0.99837046 558.46 B-6 756.12 919,177.76 0.99837045 438.39 Totals 2,582,429.90 392,001,551.53 0.97972788 2,582,112.17
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion APO 3,890,005.63 998.95508377 0.88667224 0.74708632 0.00000000 A-1 17,152,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2 30,213,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 77,385,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 128,142,000.00 992.37275569 1.05408016 7.71764831 0.00000000 A-5 20,925,000.00 992.37275556 1.05408029 7.71764827 0.00000000 A-6 87,156,051.00 1005.62500004 0.00000000 0.00000000 -5.65664064 A-7 1,279,949.00 1005.62499756 0.00000000 0.00000000 -5.65663944 A-8 10,579,783.00 997.56598505 11.22491076 82.18531703 0.00000000 A-9 1,959,219.00 997.56598420 11.22491156 82.18531466 0.00000000 A-10 5,425,798.00 107.69565693 13.01435660 95.28708772 -0.60578739 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 9,202,000.00 999.19171376 0.82126494 0.00000000 0.00000000 B-2 2,801,000.00 999.19171367 0.82126383 0.00000000 0.00000000 B-3 1,200,000.00 999.19171667 0.82126667 0.00000000 0.00000000 B-4 1,201,000.00 999.19171524 0.82126561 0.00000000 0.00000000 B-5 680,000.00 999.19172059 0.82126471 0.00000000 0.00000000 B-6 920,678.05 999.19171528 0.47615993 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 1.63375856 997.32132521 0.99732133 1.63375856 A-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 8.77172847 983.60102722 0.98360103 8.77172847 A-5 0.00000000 8.77172855 983.60102700 0.98360103 8.77172855 A-6 0.00000000 -5.65664064 1,011.28164067 1.01128164 -5.65664064 A-7 0.00000000 -5.65663944 1,011.28163700 1.01128164 -5.65663944 A-8 0.00000000 93.41022779 904.15575726 0.90415576 93.41022779 A-9 0.00000000 93.41022622 904.15575798 0.90415576 93.41022622 A-10 0.00000000 107.69565693 0.00000000 0.00000000 107.69565693 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 0.82126494 998.37044882 0.99837045 0.82126494 B-2 0.00000000 0.82126383 998.37044984 0.99837045 0.82126383 B-3 0.00000000 0.82126667 998.37045000 0.99837045 0.82126667 B-4 0.00000000 0.82126561 998.37044963 0.99837045 0.82126561 B-5 0.00000000 0.82126471 998.37045588 0.99837046 0.82126471 B-6 0.34510435 0.82126428 998.37045100 0.99837045 0.47615993 (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 3,890,005.63 0.00000% 3,885,940.90 0.00 0.00 0.00 A-1 17,152,000.00 5.95000% 17,152,000.00 85,045.33 0.00 0.00 A-2 30,213,000.00 6.00000% 30,213,000.00 151,065.00 0.00 0.00 A-3 77,385,000.00 6.20000% 77,385,000.00 399,822.50 0.00 0.00 A-4 128,142,000.00 5.95000% 127,164,629.66 630,524.62 0.00 0.00 A-5 20,925,000.00 6.30000% 20,765,399.91 109,018.35 0.00 0.00 A-6 87,156,051.00 6.75000% 115,797,301.37 651,359.82 0.00 0.00 A-7 1,279,949.00 6.75000% 1,287,148.71 7,240.21 0.00 0.00 A-8 10,579,783.00 5.95250% 10,554,031.65 52,352.39 0.00 0.00 A-9 1,959,219.00 11.05650% 1,954,450.23 18,007.82 0.00 0.00 A-10 5,425,798.00 6.75000% 584,334.88 3,286.88 0.00 0.00 A-R 100.00 6.75000% 0.00 0.00 0.00 0.00 A-LR 100.00 6.75000% 0.00 0.00 0.00 0.00 B-1 9,202,000.00 6.75000% 9,194,562.15 51,719.41 0.00 0.00 B-2 2,801,000.00 6.75000% 2,798,735.99 15,742.89 0.00 0.00 B-3 1,200,000.00 6.75000% 1,199,030.06 6,744.54 0.00 0.00 B-4 1,201,000.00 6.75000% 1,200,029.25 6,750.16 0.00 0.00 B-5 680,000.00 6.75000% 679,450.37 3,821.91 0.00 0.00 B-6 920,678.05 6.75000% 919,933.88 5,174.63 0.00 0.00 Totals 400,112,683.68 2,197,676.46 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 3,879,585.57 A-1 0.00 0.00 85,045.33 0.00 17,152,000.00 A-2 0.00 0.00 151,065.00 0.00 30,213,000.00 A-3 0.00 0.00 399,822.50 0.00 77,385,000.00 A-4 0.00 0.00 630,524.62 0.00 126,040,602.83 A-5 0.00 0.00 109,018.35 0.00 20,581,851.49 A-6 0.00 0.00 651,359.82 0.00 116,144,857.27 A-7 0.00 0.00 7,240.21 0.00 1,294,388.92 A-8 0.00 0.00 52,352.39 0.00 9,565,771.71 A-9 0.00 0.00 18,007.82 0.00 1,771,439.14 A-10 0.00 0.00 3,286.88 0.00 0.00 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 51,719.41 0.00 9,187,004.87 B-2 0.00 0.00 15,742.89 0.00 2,796,435.63 B-3 0.00 0.00 6,744.54 0.00 1,198,044.54 B-4 0.00 0.00 6,750.16 0.00 1,199,042.91 B-5 0.00 0.00 3,821.91 0.00 678,891.91 B-6 0.00 0.00 5,174.63 0.00 919,177.76 Totals 0.00 0.00 2,197,676.46 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 3,890,005.63 0.00000% 998.95508377 0.00000000 0.00000000 0.00000000 A-1 17,152,000.00 5.95000% 1000.00000000 4.95833314 0.00000000 0.00000000 A-2 30,213,000.00 6.00000% 1000.00000000 5.00000000 0.00000000 0.00000000 A-3 77,385,000.00 6.20000% 1000.00000000 5.16666667 0.00000000 0.00000000 A-4 128,142,000.00 5.95000% 992.37275569 4.92051490 0.00000000 0.00000000 A-5 20,925,000.00 6.30000% 992.37275556 5.20995699 0.00000000 0.00000000 A-6 87,156,051.00 6.75000% 1328.62033148 7.47348936 0.00000000 0.00000000 A-7 1,279,949.00 6.75000% 1005.62499756 5.65663944 0.00000000 0.00000000 A-8 10,579,783.00 5.95250% 997.56598505 4.94834251 0.00000000 0.00000000 A-9 1,959,219.00 11.05650% 997.56598420 9.19132573 0.00000000 0.00000000 A-10 5,425,798.00 6.75000% 107.69565693 0.60578739 0.00000000 0.00000000 A-R 100.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000 A-LR 100.00 6.75000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 9,202,000.00 6.75000% 999.19171376 5.62045316 0.00000000 0.00000000 B-2 2,801,000.00 6.75000% 999.19171367 5.62045341 0.00000000 0.00000000 B-3 1,200,000.00 6.75000% 999.19171667 5.62045000 0.00000000 0.00000000 B-4 1,201,000.00 6.75000% 999.19171524 5.62044963 0.00000000 0.00000000 B-5 680,000.00 6.75000% 999.19172059 5.62045588 0.00000000 0.00000000 B-6 920,678.05 6.75000% 999.19171528 5.62045549 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 997.32132521 A-1 0.00000000 0.00000000 4.95833314 0.00000000 1000.00000000 A-2 0.00000000 0.00000000 5.00000000 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 5.16666667 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 4.92051490 0.00000000 983.60102722 A-5 0.00000000 0.00000000 5.20995699 0.00000000 983.60102700 A-6 0.00000000 0.00000000 7.47348936 0.00000000 1332.60807411 A-7 0.00000000 0.00000000 5.65663944 0.00000000 1011.28163700 A-8 0.00000000 0.00000000 4.94834251 0.00000000 904.15575726 A-9 0.00000000 0.00000000 9.19132573 0.00000000 904.15575798 A-10 0.00000000 0.00000000 0.60578739 0.00000000 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 0.00000000 5.62045316 0.00000000 998.37044882 B-2 0.00000000 0.00000000 5.62045341 0.00000000 998.37044984 B-3 0.00000000 0.00000000 5.62045000 0.00000000 998.37045000 B-4 0.00000000 0.00000000 5.62044963 0.00000000 998.37044963 B-5 0.00000000 0.00000000 5.62045588 0.00000000 998.37045588 B-6 0.00000000 0.00000000 5.62045549 0.00000000 998.37045100 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Rate Balance Balance Balance Balance Percentage Class A-6 SEQ 6.75000% 0.00 0.00 87,646,303.79 88,139,314.25 101.12816407% A-6 SEQ 6.75000% 28,150,997.58 28,005,543.03 0.00 0.00 99.03834749%
CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 5,015,253.49 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 5,015,253.49 Withdrawals Reimbursement for Servicer Advances 137,784.38 Payment of Service Fee 87,493.97 Payment of Interest and Principal 4,779,788.65 Total Withdrawals (Pool Distribution Amount) 5,005,067.00 Ending Balance 10,186.49
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 289.41 Servicing Fee Support 289.41 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 82,194.18 Master Servicing Fee 5,589.20 Supported Prepayment/Curtailment Interest Shortfall 289.41 Net Servicing Fee 87,493.97
DELINQUENCY STATUS Percentage Delinquent Based On Current Unpaid Number Principal Number Unpaid Of Loans Balance Of Loans Balance 30 Days 2 1,370,000.00 0.188857% 0.349488% 60 Days 0 0.00 0.000000% 0.000000% 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 2 1,370,000.00 0.188857% 0.349488%
OTHER INFORMATION Current Period Realized Loss - Includes Interest Shortfall 317.73 Cumulative Realized Losses - Includes Interest Shortfall 450.33 Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 141,935.50
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Next Original $ Original % Current $ Current % Class% Prepayment% Class A 16,004,678.05 4.00004266% 15,978,597.62 4.07615673% 95.883099% 100.000000% Class B-1 6,802,678.05 1.70019055% 6,791,592.75 1.73254231% 2.367041% 0.000000% Class B-2 4,001,678.05 1.00013776% 3,995,157.12 1.01916870% 0.720504% 0.000000% Class B-3 2,801,678.05 0.70022225% 2,797,112.58 0.71354630% 0.308677% 0.000000% Class B-4 1,600,678.05 0.40005681% 1,598,069.67 0.40766922% 0.308935% 0.000000% Class B-5 920,678.05 0.23010469% 919,177.76 0.23448319% 0.174917% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.236827% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 103,378.97 0.02583746% 103,378.97 0.02637208% Fraud 8,002,253.67 2.00000000% 8,002,253.67 2.04138316% Special Hazard 4,001,126.84 1.00000000% 4,001,126.84 1.02069158% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 7.115684% Weighted Average Pass-Through Rate 6.750000% Weighted Average Maturity(Stepdown Calculation ) 356 Begin Scheduled Collateral Loan Count 1,063 Number Of Loans Paid In Full 4 End Scheduled Collateral Loan Count 1,059 Begining Scheduled Collateral Balance 394,583,981.42 Ending Scheduled Collateral Balance 392,001,551.52 Ending Actual Collateral Balance at 31-May-1999 394,188,426.98 Ending Scheduled Balance For Norwest 381,076,907.05 Ending Scheduled Balance For Other Services 10,924,644.47 Monthly P &I Constant 2,611,456.16 Class A Optimal Amount 4,670,653.41 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 221,239,348.90 Ending scheduled Balance For discounted Loans 170,762,202.62 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 353,622,463.19 Greater Than 80%, less than or equal to 85% 6,217,880.14 Greater than 85%, less than or equal to 95% 32,166,923.15 Greater than 95% 0.00
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