8-K 1 0001.txt 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): May 19, 2000 Credit Suisse First Boston Mortgage Securities Corp Mortgage-Backed Pass-Through Certificates, Series 1999-WM2 (Exact name of registrant as specified in its charter) United States 333-53115 13-3320910 (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification No.) 11 Madison Avenue, 5th Floor New York, New York 10010 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (212) 325-2000 Item 5. Other Events On May 19, 2000 a scheduled distribution was made from the Trust to holders of the Certificates. The Trustee has caused to be filed with the Commission, the Monthly Report daMay 19, 2000 The Monthly Report is filed pursuant to and in accordance with (1) numerous no-action letters (2) current Commission policy in the area. In April, 2000, Form 15 was filed as technically required under Section 15D of the Act. Registrant chooses to continue to report voluntarily on as monthly basis. A. Monthly Report Information See Exhibit No.1 B. Have and deficiencies occurred? NO. Date: Amount: C. Item 1: Legal Proceedings: NONE D. Item 2: Changes in Securities: NONE E. Item 4: Submission of Matters to a Vote of Certificateholders: NONE F. Item 5: Other Information - Form 10-Q, PartII - Items 1,2,4,5 if applicable: NOT APPLICABLE Item 7. Monthly Statements and Exhibits Exhibit No. 1.) Monthly DistributionMay 19, 2000 Washington Mutual Bank, FA Mortgage-Backed Pass-Through Certificates STATEMENT TO CERTIFICATEHOLDERS Distribution Date: May 19, 2000 DISTRIBUTION SUMMARY Beginning Current Peri Accrued Original Current PrincPrincipal Pass-ThroughInterest Class Face Value Amount Distribution Rate Distributed 1-A 232466000.0 226130243.98 1578064.36 6.25000% 1177462.49 1-A-P 402680.57 393160.09 1724.14NA 0.00 2-A 157923000.0 148148347.93 1355381.32 7.00000% 864023.29 2-A-P 659691.13 633043.95 3314.64NA 0.00 1-M-1 4562000.00 4493507.56 17371.27 6.25000% 23397.74 1-M-2 840000.00 827388.51 3198.57 6.25000% 4308.23 2-M-1 3106000.00 3058046.33 11798.92 7.00000% 17834.98 2-M-2 572000.00 563168.86 2172.88 7.00000% 3284.48 M-3 1009000.00 993677.29 3838.38 6.55380% 5425.71 B-1 807000.00 794744.88 3069.94 6.55380% 4339.49 B-2 605000.00 595812.45 2301.51 6.55380% 3253.27 B-3 606545.51 597334.59 2307.39 6.55380% 3261.58 R-1 100.00 0.00 0.00 7.00000% 0.00 R-2 100.00 0.00 0.00 7.00000% 0.00 TOTAL: 403559117.2 387228476.42 2984543.32 0.00000% 2106591.26 (1) Interest Distribution includes Reimbursement of Realized Losses, and is net of allocated PPIS Certificate Prepayment Ending Realized LoInterest Interest Current Principal Principal Shortfall Shortfall Amount Class 1-A 0.00 0.00 299.20 224552179.62 1-A-P 0.00 0.00 0.00 391435.95 2-A 0.00 0.00 175.41 146792966.61 2-A-P 0.00 0.00 0.00 629729.31 1-M-1 0.00 0.00 5.95 4476136.29 1-M-2 0.00 0.00 1.09 824189.94 2-M-1 0.00 0.00 3.62 3046247.41 2-M-2 0.00 0.00 0.67 560995.98 M-3 0.00 0.00 1.26 989838.91 B-1 0.00 0.00 1.01 791674.94 B-2 0.00 0.00 0.76 593510.94 B-3 0.00 0.00 0.76 595027.20 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 TOTAL: 0.00 0.00 489.73 384243933.10 AMOUNTS PER $1,000 UNIT Beginning Ending Current PrincPrincipal Interest Current Principal Class Cusip Amount Distribution DistributionAmount 1-A 22540APN2 972.74545086 6.78836630 5.06509550965.95708456 1-A-P 22540APP7 976.35724018 4.28165680 0.00000000972.07558338 2-A 22540APS1 938.10494944 8.58254542 5.47116816929.52240402 2-A-P 22540APT9 959.60658134 5.02453322 0.00000000954.58204812 1-M-1 22540APQ5 984.98631302 3.80781894 5.12883384981.17849408 1-M-2 22540APR3 984.98632143 3.80782143 5.12884524981.17850000 2-M-1 22540APU6 984.56095621 3.79875080 5.74210560980.76220541 2-M-2 22540APV4 984.56094406 3.79874126 5.74209790980.76220280 M-3 22540APY8 984.81396432 3.80414272 5.37731417981.00982161 B-1 N/A 984.81397770 3.80413879 5.37731103981.00983891 B-2 N/A 984.81396694 3.80414876 5.37730579981.00981818 B-3 N/A 984.81413208 3.80414983 5.37730466981.00998225 R-1 22540APW2 0.00000000 0.00000000 0.00000000 0.00000000 R-2 22540APX0 0.00000000 0.00000000 0.00000000 0.00000000 SIGNATURES 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 thereunto duly authorized. WASHINGTON MUTUAL BANK, FA MORTGAGE-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-WM2 By: /s/ Barbara Grosse Name: Barbara Grosse Title: Vice President Bank One, NA