-----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, DYtrYewhuGkhb1MZfSlBOvPojo3ILdmuv0nbtBR7c/HBv05K+uevBqgbsW+N2n6y deD7ZiYchzPgU7qrkFSw1A== 0001056404-99-000623.txt : 19991105 0001056404-99-000623.hdr.sgml : 19991105 ACCESSION NUMBER: 0001056404-99-000623 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991025 ITEM INFORMATION: FILED AS OF DATE: 19991104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORWEST ASSET SEC CORP MORT PASS THR CERT SER 1999-14 TRUST CENTRAL INDEX KEY: 0001087140 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: 333-65481-19 FILM NUMBER: 99740778 BUSINESS ADDRESS: STREET 1: 11000 BROIKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 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): October 25, 1999 NORWEST ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 1999-14 Trust New York (governing law of 333-65481-19 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 October 25, 1999 a distribution was made to holders of NORWEST ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 1999-14 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 1999-14 Trust, relating to the October 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 1999-14 Trust By: Norwest Bank Minnesota, N.A., as Master Servicer By: /s/ Sherri J. Sharps, Vice President By: Sherri J. Sharps, Vice President Date: 11/2/99 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 1999-14 Trust, relating to the October 25, 1999 distribution. EX-99.1 2
Norwest Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 9/30/99 Distribution Date: 10/25/99 NASCOR Series: 1999-14 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 NMB9914PO PO 0.00000% 1,455,876.00 0.00 1,592.49 A-1 66937RWD7 SEQ 6.50000% 133,905,425.19 725,321.05 937,737.06 A-2 66937RWE5 COMP 6.50000% 285,026,563.64 1,543,893.89 2,371,385.53 A-3 66937RWF2 SEQ 6.50000% 22,005,282.00 119,195.28 0.00 A-4 66937RWG0 SEQ 6.50000% 18,648,641.04 101,013.47 -101,013.47 A-5 66937RWH8 SEQ 6.50000% 67,178,451.00 363,883.28 0.00 A-6 66937RWJ4 COMP 6.50000% 9,509,708.59 51,510.92 157,068.45 A-7 66937RWK1 SEQ 6.50000% 25,000,000.00 135,416.67 0.00 A-8 66937RWL9 COMP 6.50000% 29,353,335.39 158,997.23 362,805.84 A-9 66937RWM7 SEQ 7.00000% 3,211,650.00 18,734.63 0.00 A-10 66937RWN5 SEQ 7.00000% 1,568,717.00 9,150.85 0.00 A-11 66937RWP0 SEQ 7.00000% 1,851,350.00 10,799.54 0.00 A-12 66937RWQ8 SEQ 7.00000% 933,300.00 5,444.25 0.00 A-13 66937RWR6 SEQ 7.00000% 2,601,650.00 15,176.29 0.00 A-14 66937RWS4 SEQ 6.25000% 20,333,333.00 105,902.78 0.00 A-15 66937RWT2 SEQ 6.50000% 24,980,167.96 135,309.24 101,013.47 A-16 66937RWU9 SEQ 6.50000% 3,000,000.00 16,250.00 0.00 A-R 66937RWV7 R 6.50000% 0.00 0.00 0.00 B-1 66937RWW5 MEZ 6.50000% 16,050,724.55 86,941.42 13,690.31 B-2 66937RWX3 SUB 6.50000% 4,885,783.14 26,464.66 4,167.28 B-3 66937RWY1 SUB 6.50000% 2,093,052.75 11,337.37 1,785.25 B-4 66937RWZ8 SUB 6.50000% 2,094,049.45 11,342.77 1,786.10 B-5 66937RXA2 SUB 6.50000% 1,186,063.23 6,424.51 1,011.64 B-6 66937RXB0 SUB 6.50000% 1,605,542.88 8,481.72 0.00 Totals 678,478,666.81 3,666,991.82 3,853,029.95
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses APO 0.00 1,454,283.51 1,592.49 0.00 A-1 0.00 132,967,688.13 1,663,058.11 0.00 A-2 0.00 282,655,178.11 3,915,279.42 0.00 A-3 0.00 22,005,282.00 119,195.28 0.00 A-4 0.00 18,749,654.52 0.00 0.00 A-5 0.00 67,178,451.00 363,883.28 0.00 A-6 0.00 9,352,640.14 208,579.37 0.00 A-7 0.00 25,000,000.00 135,416.67 0.00 A-8 0.00 28,990,529.54 521,803.07 0.00 A-9 0.00 3,211,650.00 18,734.63 0.00 A-10 0.00 1,568,717.00 9,150.85 0.00 A-11 0.00 1,851,350.00 10,799.54 0.00 A-12 0.00 933,300.00 5,444.25 0.00 A-13 0.00 2,601,650.00 15,176.29 0.00 A-14 0.00 20,333,333.00 105,902.78 0.00 A-15 0.00 24,879,154.48 236,322.71 0.00 A-16 0.00 3,000,000.00 16,250.00 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 16,037,034.24 100,631.73 0.00 B-2 0.00 4,881,615.86 30,631.94 0.00 B-3 0.00 2,091,267.51 13,122.62 0.00 B-4 0.00 2,092,263.35 13,128.87 0.00 B-5 0.00 1,185,051.59 7,436.15 0.00 B-6 1,369.43 1,604,173.45 8,481.72 2,802.01 Totals 1,369.43 674,624,267.43 7,520,021.77 2,802.01 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 1,462,579.75 1,455,876.00 1,425.45 167.05 0.00 0.00 A-1 139,195,458.00 133,905,425.19 135,591.12 802,145.93 0.00 0.00 A-2 298,404,135.00 285,026,563.64 342,888.05 2,028,497.48 0.00 0.00 A-3 22,005,282.00 22,005,282.00 0.00 0.00 0.00 0.00 A-4 18,250,000.00 18,648,641.04 0.00 0.00 -101,013.47 0.00 A-5 67,178,451.00 67,178,451.00 0.00 0.00 0.00 0.00 A-6 10,395,765.00 9,509,708.59 22,711.15 134,357.30 0.00 0.00 A-7 25,000,000.00 25,000,000.00 0.00 0.00 0.00 0.00 A-8 31,400,000.00 29,353,335.39 52,459.54 310,346.31 0.00 0.00 A-9 3,211,650.00 3,211,650.00 0.00 0.00 0.00 0.00 A-10 1,568,717.00 1,568,717.00 0.00 0.00 0.00 0.00 A-11 1,851,350.00 1,851,350.00 0.00 0.00 0.00 0.00 A-12 933,300.00 933,300.00 0.00 0.00 0.00 0.00 A-13 2,601,650.00 2,601,650.00 0.00 0.00 0.00 0.00 A-14 20,333,333.00 20,333,333.00 0.00 0.00 0.00 0.00 A-15 25,378,809.00 24,980,167.96 14,605.94 86,407.53 0.00 0.00 A-16 3,000,000.00 3,000,000.00 0.00 0.00 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 16,104,000.00 16,050,724.55 13,690.31 0.00 0.00 0.00 B-2 4,902,000.00 4,885,783.14 4,167.28 0.00 0.00 0.00 B-3 2,100,000.00 2,093,052.75 1,785.25 0.00 0.00 0.00 B-4 2,101,000.00 2,094,049.45 1,786.10 0.00 0.00 0.00 B-5 1,190,000.00 1,186,063.23 1,011.64 0.00 0.00 0.00 B-6 1,610,871.99 1,605,542.88 0.00 0.00 0.00 1,369.43 Totals 700,178,451.74 678,478,666.81 592,121.83 3,361,921.60 (101,013.47) 1,369.43 (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 1,592.49 1,454,283.51 0.99432767 1,592.49 A-1 937,737.06 132,967,688.13 0.95525881 937,737.06 A-2 2,371,385.53 282,655,178.11 0.94722273 2,371,385.53 A-3 0.00 22,005,282.00 1.00000000 0.00 A-4 (101,013.47) 18,749,654.52 1.02737833 (101,013.47) A-5 0.00 67,178,451.00 1.00000000 0.00 A-6 157,068.45 9,352,640.14 0.89965867 157,068.45 A-7 0.00 25,000,000.00 1.00000000 0.00 A-8 362,805.84 28,990,529.54 0.92326527 362,805.84 A-9 0.00 3,211,650.00 1.00000000 0.00 A-10 0.00 1,568,717.00 1.00000000 0.00 A-11 0.00 1,851,350.00 1.00000000 0.00 A-12 0.00 933,300.00 1.00000000 0.00 A-13 0.00 2,601,650.00 1.00000000 0.00 A-14 0.00 20,333,333.00 1.00000000 0.00 A-15 101,013.47 24,879,154.48 0.98031214 101,013.47 A-16 0.00 3,000,000.00 1.00000000 0.00 A-R 0.00 0.00 0.00000000 0.00 B-1 13,690.31 16,037,034.24 0.99584167 13,690.31 B-2 4,167.28 4,881,615.86 0.99584167 4,167.28 B-3 1,785.25 2,091,267.51 0.99584167 1,785.25 B-4 1,786.10 2,092,263.35 0.99584167 1,786.10 B-5 1,011.64 1,185,051.59 0.99584167 1,011.64 B-6 1,369.43 1,604,173.45 0.99584167 0.00 Totals 3,854,399.38 674,624,267.43 0.96350333 3,853,029.95
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion APO 1,462,579.75 995.41648925 0.97461352 0.11421599 0.00000000 A-1 139,195,458.00 961.99565068 0.97410592 5.76273063 0.00000000 A-2 298,404,135.00 955.16961801 1.14907272 6.79781961 0.00000000 A-3 22,005,282.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 18,250,000.00 1021.84334466 0.00000000 0.00000000 -5.53498466 A-5 67,178,451.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 10,395,765.00 914.76756064 2.18465404 12.92423405 0.00000000 A-7 25,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-8 31,400,000.00 934.81959841 1.67068599 9.88364045 0.00000000 A-9 3,211,650.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-10 1,568,717.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-11 1,851,350.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-12 933,300.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-13 2,601,650.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-14 20,333,333.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-15 25,378,809.00 984.29236612 0.57551716 3.40471178 0.00000000 A-16 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 16,104,000.00 996.69178775 0.85011860 0.00000000 0.00000000 B-2 4,902,000.00 996.69178703 0.85011832 0.00000000 0.00000000 B-3 2,100,000.00 996.69178571 0.85011905 0.00000000 0.00000000 B-4 2,101,000.00 996.69178962 0.85011899 0.00000000 0.00000000 B-5 1,190,000.00 996.69178992 0.85011765 0.00000000 0.00000000 B-6 1,610,871.99 996.69178555 0.00000000 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 1.08882268 994.32766658 0.99432767 1.08882268 A-1 0.00000000 6.73683663 955.25881405 0.95525881 6.73683663 A-2 0.00000000 7.94689232 947.22272568 0.94722273 7.94689232 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 -5.53498466 1,027.37832986 1.02737833 -5.53498466 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-6 0.00000000 15.10888809 899.65867255 0.89965867 15.10888809 A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-8 0.00000000 11.55432611 923.26527197 0.92326527 11.55432611 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 3.98022894 980.31213679 0.98031214 3.98022894 A-16 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 0.85011860 995.84166915 0.99584167 0.85011860 B-2 0.00000000 0.85011832 995.84166871 0.99584167 0.85011832 B-3 0.00000000 0.85011905 995.84167143 0.99584167 0.85011905 B-4 0.00000000 0.85011899 995.84167063 0.99584167 0.85011899 B-5 0.00000000 0.85011765 995.84167227 0.99584167 0.85011765 B-6 0.85011721 0.85011721 995.84166834 0.99584167 0.00000000 (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 1,462,579.75 0.00000% 1,455,876.00 0.00 0.00 0.00 A-1 139,195,458.00 6.50000% 133,905,425.19 725,321.05 0.00 0.00 A-2 298,404,135.00 6.50000% 285,026,563.64 1,543,893.89 0.00 0.00 A-3 22,005,282.00 6.50000% 22,005,282.00 119,195.28 0.00 0.00 A-4 18,250,000.00 6.50000% 18,648,641.04 101,013.47 0.00 0.00 A-5 67,178,451.00 6.50000% 67,178,451.00 363,883.28 0.00 0.00 A-6 10,395,765.00 6.50000% 9,509,708.59 51,510.92 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 31,400,000.00 6.50000% 29,353,335.39 158,997.23 0.00 0.00 A-9 3,211,650.00 7.00000% 3,211,650.00 18,734.63 0.00 0.00 A-10 1,568,717.00 7.00000% 1,568,717.00 9,150.85 0.00 0.00 A-11 1,851,350.00 7.00000% 1,851,350.00 10,799.54 0.00 0.00 A-12 933,300.00 7.00000% 933,300.00 5,444.25 0.00 0.00 A-13 2,601,650.00 7.00000% 2,601,650.00 15,176.29 0.00 0.00 A-14 20,333,333.00 6.25000% 20,333,333.00 105,902.78 0.00 0.00 A-15 25,378,809.00 6.50000% 24,980,167.96 135,309.24 0.00 0.00 A-16 3,000,000.00 6.50000% 3,000,000.00 16,250.00 0.00 0.00 A-R 100.00 6.50000% 0.00 0.00 0.00 0.00 B-1 16,104,000.00 6.50000% 16,050,724.55 86,941.42 0.00 0.00 B-2 4,902,000.00 6.50000% 4,885,783.14 26,464.66 0.00 0.00 B-3 2,100,000.00 6.50000% 2,093,052.75 11,337.37 0.00 0.00 B-4 2,101,000.00 6.50000% 2,094,049.45 11,342.77 0.00 0.00 B-5 1,190,000.00 6.50000% 1,186,063.23 6,424.51 0.00 0.00 B-6 1,610,871.99 6.50000% 1,605,542.88 8,696.69 0.00 214.97 Totals 700,178,451.74 3,667,206.79 0.00 214.97
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 1,454,283.51 A-1 0.00 0.00 725,321.05 0.00 132,967,688.13 A-2 0.00 0.00 1,543,893.89 0.00 282,655,178.11 A-3 0.00 0.00 119,195.28 0.00 22,005,282.00 A-4 0.00 0.00 101,013.47 0.00 18,749,654.52 A-5 0.00 0.00 363,883.28 0.00 67,178,451.00 A-6 0.00 0.00 51,510.92 0.00 9,352,640.14 A-7 0.00 0.00 135,416.67 0.00 25,000,000.00 A-8 0.00 0.00 158,997.23 0.00 28,990,529.54 A-9 0.00 0.00 18,734.63 0.00 3,211,650.00 A-10 0.00 0.00 9,150.85 0.00 1,568,717.00 A-11 0.00 0.00 10,799.54 0.00 1,851,350.00 A-12 0.00 0.00 5,444.25 0.00 933,300.00 A-13 0.00 0.00 15,176.29 0.00 2,601,650.00 A-14 0.00 0.00 105,902.78 0.00 20,333,333.00 A-15 0.00 0.00 135,309.24 0.00 24,879,154.48 A-16 0.00 0.00 16,250.00 0.00 3,000,000.00 A-R 0.00 0.00 0.00 0.00 0.00 B-1 0.00 0.00 86,941.42 0.00 16,037,034.24 B-2 0.00 0.00 26,464.66 0.00 4,881,615.86 B-3 0.00 0.00 11,337.37 0.00 2,091,267.51 B-4 0.00 0.00 11,342.77 0.00 2,092,263.35 B-5 0.00 0.00 6,424.51 0.00 1,185,051.59 B-6 0.00 0.00 8,481.72 214.97 1,604,173.45 Totals 0.00 0.00 3,666,991.82 214.97 (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 1,462,579.75 0.00000% 995.41648925 0.00000000 0.00000000 0.00000000 A-1 139,195,458.00 6.50000% 961.99565068 5.21080975 0.00000000 0.00000000 A-2 298,404,135.00 6.50000% 955.16961801 5.17383544 0.00000000 0.00000000 A-3 22,005,282.00 6.50000% 1000.00000000 5.41666678 0.00000000 0.00000000 A-4 18,250,000.00 6.50000% 1021.84334466 5.53498466 0.00000000 0.00000000 A-5 67,178,451.00 6.50000% 1000.00000000 5.41666672 0.00000000 0.00000000 A-6 10,395,765.00 6.50000% 914.76756064 4.95499081 0.00000000 0.00000000 A-7 25,000,000.00 6.50000% 1000.00000000 5.41666680 0.00000000 0.00000000 A-8 31,400,000.00 6.50000% 934.81959841 5.06360605 0.00000000 0.00000000 A-9 3,211,650.00 7.00000% 1000.00000000 5.83333489 0.00000000 0.00000000 A-10 1,568,717.00 7.00000% 1000.00000000 5.83333386 0.00000000 0.00000000 A-11 1,851,350.00 7.00000% 1000.00000000 5.83333243 0.00000000 0.00000000 A-12 933,300.00 7.00000% 1000.00000000 5.83333333 0.00000000 0.00000000 A-13 2,601,650.00 7.00000% 1000.00000000 5.83333269 0.00000000 0.00000000 A-14 20,333,333.00 6.25000% 1000.00000000 5.20833353 0.00000000 0.00000000 A-15 25,378,809.00 6.50000% 984.29236612 5.33158353 0.00000000 0.00000000 A-16 3,000,000.00 6.50000% 1000.00000000 5.41666667 0.00000000 0.00000000 A-R 100.00 6.50000% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 16,104,000.00 6.50000% 996.69178775 5.39874690 0.00000000 0.00000000 B-2 4,902,000.00 6.50000% 996.69178703 5.39874745 0.00000000 0.00000000 B-3 2,100,000.00 6.50000% 996.69178571 5.39874762 0.00000000 0.00000000 B-4 2,101,000.00 6.50000% 996.69178962 5.39874822 0.00000000 0.00000000 B-5 1,190,000.00 6.50000% 996.69178992 5.39874790 0.00000000 0.00000000 B-6 1,610,871.99 6.50000% 996.69178555 5.39874680 0.00000000 0.13344946 (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 994.32766658 A-1 0.00000000 0.00000000 5.21080975 0.00000000 955.25881405 A-2 0.00000000 0.00000000 5.17383544 0.00000000 947.22272568 A-3 0.00000000 0.00000000 5.41666678 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 5.53498466 0.00000000 1027.37832986 A-5 0.00000000 0.00000000 5.41666672 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 4.95499081 0.00000000 899.65867255 A-7 0.00000000 0.00000000 5.41666680 0.00000000 1000.00000000 A-8 0.00000000 0.00000000 5.06360605 0.00000000 923.26527197 A-9 0.00000000 0.00000000 5.83333489 0.00000000 1000.00000000 A-10 0.00000000 0.00000000 5.83333386 0.00000000 1000.00000000 A-11 0.00000000 0.00000000 5.83333243 0.00000000 1000.00000000 A-12 0.00000000 0.00000000 5.83333333 0.00000000 1000.00000000 A-13 0.00000000 0.00000000 5.83333269 0.00000000 1000.00000000 A-14 0.00000000 0.00000000 5.20833353 0.00000000 1000.00000000 A-15 0.00000000 0.00000000 5.33158353 0.00000000 980.31213679 A-16 0.00000000 0.00000000 5.41666667 0.00000000 1000.00000000 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 5.39874690 0.00000000 995.84166915 B-2 0.00000000 0.00000000 5.39874745 0.00000000 995.84166871 B-3 0.00000000 0.00000000 5.39874762 0.00000000 995.84167143 B-4 0.00000000 0.00000000 5.39874822 0.00000000 995.84167063 B-5 0.00000000 0.00000000 5.39874790 0.00000000 995.84167227 B-6 0.00000000 0.00000000 5.26529734 0.13344946 995.84166834 (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-2 SEQ 6.50000% 0.00 0.00 129,937,156.20 128,879,408.51 94.83111644% A-2 SEQ 6.50000% 0.00 0.00 155,089,407.44 153,775,769.60 94.63124283% A-6 SEQ 6.50000% 0.00 0.00 4,925,110.88 4,885,018.23 94.83111641% A-6 SEQ 6.50000% 0.00 0.00 4,584,597.71 4,467,621.91 85.18707964% A-8 SEQ 6.50000% 0.00 0.00 22,224,709.10 22,043,789.84 94.83111645% A-8 SEQ 6.50000% 0.00 0.00 7,128,626.28 6,946,739.71 85.18707965%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 101,607.39 Deposits Payments of Interest and Principal 7,389,755.42 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 176,981.64 Realized Losses 0.00 Total Deposits 7,566,737.06 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 148,322.71 Payment of Interest and Principal 7,520,021.76 Total Withdrawals (Pool Distribution Amount) 7,668,344.47 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 2,619.31 Servicing Fee Support 2,619.31 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 141,331.48 Master Servicing Fee 9,610.54 Supported Prepayment/Curtailment Interest Shortfall 2,619.31 Net Servicing Fee 148,322.71
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 5 1,653,884.07 0.263435% 0.245156% 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 5 1,653,884.07 0.263435% 0.245156%
OTHER INFORMATION Current Period Realized Loss - Includes Interest Shortfall 1,369.43 Cumulative Realized Losses - Includes Interest Shortfall 2,802.01 Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 1,256,963.28
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Next Original $ Original % Current $ Current % Class% Prepayment% Class A 28,007,871.99 4.00010482% 27,891,406.00 4.13436150% 95.856707% 100.000000% Class B-1 11,903,871.99 1.70011973% 11,854,371.76 1.75718134% 2.382316% 0.000000% Class B-2 7,001,871.99 1.00001249% 6,972,755.90 1.03357620% 0.725168% 0.000000% Class B-3 4,901,871.99 0.70008895% 4,881,488.39 0.72358624% 0.310660% 0.000000% Class B-4 2,800,871.99 0.40002259% 2,789,225.04 0.41344867% 0.310808% 0.000000% Class B-5 1,610,871.99 0.23006592% 1,604,173.45 0.23778769% 0.176040% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.238301% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 50,000.00 0.00714104% 50,000.00 0.00741153% Fraud 14,003,569.03 2.00000000% 14,003,569.03 2.07575827% Special Hazard 7,001,784.52 1.00000000% 7,001,784.52 1.03787914% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 7.146098% Weighted Average Pass-Through Rate 6.500000% Weighted Average Maturity(Stepdown Calculation ) 352 Beginning Scheduled Collateral Loan Count 1,906 Number Of Loans Paid In Full 8 Ending Scheduled Collateral Loan Count 1,898 Beginning Scheduled Collateral Balance 678,478,666.81 Ending Scheduled Collateral Balance 674,624,267.43 Ending Actual Collateral Balance at 30-Sep-1999 676,206,186.60 Ending Scheduled Balance For Norwest 515,290,114.10 Ending Scheduled Balance For Other Services 159,334,153.33 Monthly P &I Constant 4,398,740.72 Class A Optimal Amount 7,344,996.25 Class AP Deferred Amount 0.00 Ending Scheduled Balance for Premium Loans 592,329,535.58 Ending scheduled Balance For discounted Loans 82,294,731.85 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 607,193,165.29 Greater Than 80%, less than or equal to 85% 8,959,206.06 Greater than 85%, less than or equal to 95% 55,528,428.86 Greater than 95% 3,090,178.31
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