EXHIBIT 99

-----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, DNqbtz9SVwWDlpB+oUGFiJQ/C4gUpQGYQmdF/AhkoKIUSnQ12kkaYsYw/fOlRi+I PRwKHLl9huxx12MzdVsIIA== 0001133463-01-500007.txt : 20010711 0001133463-01-500007.hdr.sgml : 20010711 ACCESSION NUMBER: 0001133463-01-500007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010701 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010710 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORTGAGE PASS THROUGH CERTIFICATES SERIES 2001-1 CENTRAL INDEX KEY: 0001133463 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 364185795 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-72879-18 FILM NUMBER: 1677657 BUSINESS ADDRESS: STREET 1: 75 N FAIRWAY DR CITY: VERNON HILLS STATE: IL ZIP: 60061 BUSINESS PHONE: 8475496500 MAIL ADDRESS: STREET 1: 75 N FAIRWAY DR CITY: VERNON HILLS STATE: IL ZIP: 60061 EX-99 1 apnc2001-1.htm EXHIBIT 99

EXHIBIT 99

WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.
MASTER SERVICING
MORTGAGE PASS-THROUGH CERTIFICATES
06/2001 DISTRIBUTION REPORT

SERIES: pncms 2001-1 WEIGHTED AVERAGE PC RATE: 7.78514%

POOL NUMBER: 1697

____________________________________________________________________________________________

ISSUE DATE: 01/30/2001

CERTIFICATE BALANCE AT ISSUE: $245,740,542.00

CERTIFICATE

TOTAL ACCOUNT CERTIFICATE

NUMBER OF ACTIVITY BALANCE

MORTGAGES (@PC RATE) OUTSTANDING

_________ __________________ __________________

BALANCES FROM LAST FISCAL MONTH-END: 549 $213,295,081.64

PRINCIPAL POOL COLLECTION(S):

Scheduled Principal Collection Due Current Month $135,418.39

Unscheduled Principal Collection/Reversals $346,683.83

Liquidations-in-full 32 $11,894,150.02

Net principal Distributed $12,376,252.24 ($12,376,252.24)

CAPITAL LOSS (PRINCIPAL WRITTEN OFF): $0.00

BALANCE CURRENT FISCAL MONTH-END: 517 $200,918,829.40

SCHEDULED INTEREST AT MORTGAGE RATE: $1,517,751.14

UNSCHEDULED INTEREST AT MORTGAGE RATE:

Unscheduled Interest Collection/Reversals $0.00

Interest Uncollected on Liquidation $0.00

Interest Uncollected on Non-Earning Assets $0.00

Net Unscheduled Interest Distributed $0.00

OTHER:

Loan Conversion Fees $0.00

Expense Reimbursements $0.00

Gain on Liquidations $0.00

Hazard Insurance Premium Refunds $0.00

Net Other Distributions $0.00

SCHEDULED SERVICING FEE EXPENSES: $134,203.88

UNSCHEDULED SERVICING FEES:

Unscheduled Service Fee Collections/Reversals $0.00

Servicing Fees Uncollected on Liquidation $0.00

Servicing Fees Uncollected/Non-Earning Assets $0.00

Net Unscheduled Service Fees Distributed $0.00

MISCELLANEOUS EXPENSES: $0.00

NET FUNDS DISTRIBUTED: $13,759,799.50

WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.

MASTER SERVICING

MORTGAGE PASS-THROUGH CERTIFICATES

06/2001 DISTRIBUTION REPORT

SERIES: pncms 2001-1 WEIGHTED AVERAGE PC RATE: 7.78514%

POOL NUMBER: 1697

____________________________________________________________________________________________

AGGREGATE LOSS AMOUNTS FROM INCEPTION OF POOL

Loan Count Of Aggregate Loss

Incurred Loss Amount

__________________ _________________

0 $0.00

*Aggregate Loss Amount and Count do not include this month's activity

SUMMARY OF DISTRIBUTIONS FOR CURRENT CYCLE

Principal Scheduled Interest Net Interest Total

Distribution Interest Due Adjustment Distribution Other Distribution

__________________ ________________ ________________ ________________ ________________ _______________

$12,376,252.24 $1,383,547.26 $0.00 $1,383,547.26 $0.00 $13,759,799.50

INSURANCE RESERVES

Original Claims In Claims Coverage Coverage

Insurance Type Balance Progress Paid Adjustments Remaining

___________________ ________________ ________________ ________________ ________________ ________________

MPI $0.00 $0.00 $0.00 $0.00 $0.00

Special Hazard $3,010,286.00 $0.00 $0.00 $0.00 $3,010,286.00

Bankruptcy Bond

Single-Units $122,281.00 $0.00 $0.00 $0.00 $122,281.00

Multi-Units $0.00 $0.00 $0.00 $0.00 $0.00

Mortgage Repurchase $4,914,810.84 $0.00 $0.00 $0.00 $4,914,810.84

DELINQUENT INSTALLMENTS

ONE TWO THREE

Count Principal Balance Count Principal Balance Count Principal Balance

_____ _________________ _____ _________________ _____ _________________

14 $5,340,008.96 2 $762,458.98 0 $0.00

FOUR IN FORECLOSURE ACQUIRED

Count Principal Balance Count Principal Balance Count Principal Balance

_____ _________________ _____ _________________ _____ _________________

0 $0.00 1 $276,945.19 0 $0.00

The Class Principal Balances of each Class of the Class IIB1, IIB2, IIB3, IIB4,

IIB5, IIB6 Certificates immediately after the principal and interest

distribution on 06/25/2001 are as follows:

Class Class Principal Balance

IIB1 $7,961,750.91

IIB2 $3,062,212.35

IIB3 $2,694,746.72

IIB4 $1,347,374.34

IIB5 $979,907.72

IIB6 $1,102,396.51

__________________

Total $17,148,388.57

==================

Capitalized items used but not defined herein have the meanings ascribed to

them in the Prospectus Supplement.

EXHIBIT 99

DELINQUENT* MORTGAGE LOANS (As of May 31, 2001):

SERIES: 2001-1 POOL NUMBER: 1697

I II III

Total Loans In Total Delinquent Loans Delinquent

Mortgage Pool Loans 1 Month

-------------------- --------------------- ---------------------

Dollar Amount: $200,918,829.40** $6,379,413.13*** $5,340,008.96***

Number: 591 17 14

% of Pool: 100.00% 3.18% 2.66%

(Dollars)

% of Pool: 100.00% 2.88% 2.37%

(No. of Loans)

IV V VI

Loans Delinquent Loans Delinquent Loans In

2 Month 3 Month Foreclosure

-------------------- --------------------- ---------------------

Dollar Amount: $762,458.98*** $0.00*** $276,945.19***

Number: 2 0 1

% of Pool: 0.38% 0.00% 0.14%

(Dollars)

% of Pool: 0.34% 0.00% 0.17%

(No. of Loans)

VII

Loans Acquired

--------------------

Dollar Amount: $0.00***

Number: 0

% of Pool: 0.00%

(Dollars)

% of Pool: 0.00%

(No. of Loans)

* A Mortgage Loan is considered delinquent in a given month when a payment

due on the first day of the prior month has not been made on or before the

first day of such prior month.

** Reflects the outstanding principal balance of the Mortgage Pool after the

application of all June 01, 2001 scheduled payments and May 01, 2001

unscheduled payments on the mortgage loans.

*** Reflects outstanding principal balance of delinquent mortgage loans as of

May 31, 2001.

Trading Factor, calculated as of distribution date : 0.28431919.

By multiplying this factor by the original balance of the Mortgage Pool as of

the Cut-Off Date, current outstanding balance of the Mortgage Pool (after

application of scheduled payments up to and including June 01, 2001, and

unscheduled prepayments in months prior to June ) can be calculated.

EXHIBIT 99

WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.

MASTER SERVICING

MORTGAGE PASS-THROUGH CERTIFICATES

06/2001 DISTRIBUTION REPORT

SERIES: pncms 2001-1 WEIGHTED AVERAGE PC RATE: 7.61188%

POOL NUMBER: Group 1 = 1696, 1698

____________________________________________________________________________________________

ISSUE DATE: 01/30/2001

CERTIFICATE BALANCE AT ISSUE: $460,925,895.00

CERTIFICATE

TOTAL ACCOUNT CERTIFICATE

NUMBER OF ACTIVITY BALANCE

MORTGAGES (@PC RATE) OUTSTANDING

_________ __________________ __________________

BALANCES FROM LAST FISCAL MONTH-END: 948 $363,953,466.26

PRINCIPAL POOL COLLECTION(S):

Scheduled Principal Collection Due Current Month $261,287.50

Unscheduled Principal Collection/Reversals $158,691.70

Liquidations-in-full 64 $25,872,110.98

Net principal Distributed $26,292,090.18 ($26,292,090.18)

CAPITAL LOSS (PRINCIPAL WRITTEN OFF): $0.00

BALANCE CURRENT FISCAL MONTH-END: 884 $337,661,376.08

SCHEDULED INTEREST AT MORTGAGE RATE: $2,498,220.84

UNSCHEDULED INTEREST AT MORTGAGE RATE:

Unscheduled Interest Collection/Reversals $0.00

Interest Uncollected on Liquidation $0.00

Interest Uncollected on Non-Earning Assets $0.00

Net Unscheduled Interest Distributed $0.00

OTHER:

Loan Conversion Fees $0.00

Expense Reimbursements $0.00

Gain on Liquidations $0.00

Hazard Insurance Premium Refunds $0.00

Net Other Distributions $0.00

SCHEDULED SERVICING FEE EXPENSES: $188,730.58

UNSCHEDULED SERVICING FEES:

Unscheduled Service Fee Collections/Reversals $0.00

Servicing Fees Uncollected on Liquidation $0.00

Servicing Fees Uncollected/Non-Earning Assets $0.00

Net Unscheduled Service Fees Distributed $0.00

MISCELLANEOUS EXPENSES: $0.00

NET FUNDS DISTRIBUTED: $28,601,580.44

WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.

MASTER SERVICING

MORTGAGE PASS-THROUGH CERTIFICATES

06/2001 DISTRIBUTION REPORT

SERIES: pncms 2001-1 WEIGHTED AVERAGE PC RATE: 7.61188%

POOL NUMBER: Group 1 = 1696, 1698

____________________________________________________________________________________________

AGGREGATE LOSS AMOUNTS FROM INCEPTION OF POOL

Loan Count Of Aggregate Loss

Incurred Loss Amount

__________________ _________________

0 $0.00

*Aggregate Loss Amount and Count do not include this month's activity

SUMMARY OF DISTRIBUTIONS FOR CURRENT CYCLE

Principal Scheduled Interest Net Interest Total

Distribution Interest Due Adjustment Distribution Other Distribution

__________________ ________________ ________________ ________________ ________________ ________________

$26,292,090.18 $2,309,490.26 $0.00 $2,309,490.26 $0.00 $28,601,580.44

INSURANCE RESERVES

Original Claims In Claims Coverage Coverage

Insurance Type Balance Progress Paid Adjustments Remaining

___________________ ________________ ________________ ________________ ________________ ________________

MPI $0.00 $0.00 $0.00 $0.00 $0.00

Special Hazard $5,280,620.00 $0.00 $0.00 $0.00 $5,280,620.00

Bankruptcy Bond

Single-Units $173,919.00 $0.00 $0.00 $0.00 $173,919.00

Multi-Units $0.00 $0.00 $0.00 $0.00 $0.00

Mortgage Repurchase $9,218,517.90 $0.00 $0.00 $0.00 $9,218,517.90

DELINQUENT INSTALLMENTS

ONE TWO THREE

Count Principal Balance Count Principal Balance Count Principal Balance

_____ _________________ _____ _________________ _____ _________________

25 $9,602,615.77 0 $0.00 1 $646,962.46

FOUR IN FORECLOSURE ACQUIRED

Count Principal Balance Count Principal Balance Count Principal Balance

_____ _________________ _____ _________________ _____ _________________

1 $646,962.46 0 $0.00 0 $0.00

The Class Principal Balances of each Class of the Class CB1, CB2, CB3, CB4,

CB5, CB6 Certificates immediately after the principal and interest distribution

on 06/25/2001 are as follows:

Class Class Principal Balance

CB1 $8,956,782.78

CB2 $4,822,884.65

CB3 $2,526,272.90

CB4 $1,837,288.39

CB5 $1,148,305.87

CB6 $1,377,967.05

__________________

Total $20,669,501.64

==================

Capitalized items used but not defined herein have the meanings ascribed to

them in the Prospectus Supplement.

EXHIBIT 99

DELINQUENT* MORTGAGE LOANS (As of May 31, 2001):

SERIES: 2001-1 POOL NUMBER: Group 1 = 1696, 1698

I II III

Total Loans In Total Delinquent Loans Delinquent

Mortgage Pool Loans 1 Month

-------------------- --------------------- ---------------------

Dollar Amount: $337,661,376.08** $9,602,615.77*** $9,602,615.77***

Number: 1133 25 25

% of Pool: 100.00% 2.84% 2.84%

(Dollars)

% of Pool: 100.00% 2.21% 2.21%

(No. of Loans)

IV V VI

Loans Delinquent Loans Delinquent Loans In

2 Month 3 Month Foreclosure

-------------------- --------------------- ---------------------

Dollar Amount: $0.00*** $0.00*** $0.00***

Number: 0 0 0

% of Pool: 0.00% 0.00% 0.00%

(Dollars)

% of Pool: 0.00% 0.00% 0.00%

(No. of Loans)

VII

Loans Acquired

--------------------

Dollar Amount: $0.00***

Number: 0

% of Pool: 0.00%

(Dollars)

% of Pool: 0.00%

(No. of Loans)

* A Mortgage Loan is considered delinquent in a given month when a payment

due on the first day of the prior month has not been made on or before the

first day of such prior month.

** Reflects the outstanding principal balance of the Mortgage Pool after the

application of all June 01, 2001 scheduled payments and May 01, 2001

unscheduled payments on the mortgage loans.

*** Reflects outstanding principal balance of delinquent mortgage loans as of

May 31, 2001.

Trading Factor, calculated as of distribution date : 0.47782286.

By multiplying this factor by the original balance of the Mortgage Pool as of

the Cut-Off Date, current outstanding balance of the Mortgage Pool (after

application of scheduled payments up to and including June 01, 2001, and

unscheduled prepayments in months prior to June ) can be calculated.

8-K 2 sign2001_1.htm SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION
450 Fifth Street, NW
Washington, DC 20549
- -------------------------------------

FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

For the Month of June, 2001

PNC MORTGAGE SECURITIES CORP.
MORTGAGE PASS-THROUGH CERTIFICATES,
SERIES 2001-1
(Exact name of the registrant as specified in charter)

Delaware 333-72879-18 94-2528990
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
Incorporation) Number)

75 NORTH FAIRWAY DRIVE
VERNON HILLS, IL 60061

(Address of principal executive offices)

Registrant's telephone number, including area code:

(847)549-6500

ITEM 5.

See Exhibit 99, the Distribution Report for the Month of June 2001, attached hereto.

ITEM 7.

FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION, AND EXHIBITS:

EXHIBITS:

99. PNC Mortgage Securities Corp., Mortgage Pass Through Certificates, Series 2001-1, monthly Distribution Report for June 2001.

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 hereunto duly authorized.

Dated: July 9, 2001

PNC MORTGAGE SECURITIES CORP.
(Registrant)
By: ____________________________

RICHIE MOORE
SECOND VICE PRESIDENT

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