EXHIBIT 99
FIRST ALLIANCE
MORTGAGE LOAN TRUST
Series 1995-1
Statement to Certificateholders
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DISTRIBUTIONS IN DOLLARS
PRIOR CURRENT
ORIGINAL PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
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A-1 10,580,000.00 0.00 0.00 0.00 0.00 0.00
A-2 20,081,000.00 18,823,762.33 116,079.87 612,307.32 728,387.19 0.00 0.00 18,211,455.01
A-3 2,250,000.00 2,250,000,00 15,046.88 0.00 15,046.88 0.00 0.00 2,250,000.00
A-4 34,833,000.00 20,261,087.14 108,059.13 1,701,874.67 1,809,933.80 0.00 0.00 18,559,212.47
R 0.00 0.00 136,976.32 0.00 136,976.32 0.00 0.00 0.00
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TOTALS 67,744,000.00 41,334,849.47 376,162.20 2,314,182.00 2,690,344.20 0.00 0.00 39,020,667.48
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FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH
RATES
PRIOR CURRENT
PRINCIPAL PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL TOTAL BALANCE CURRENT NEXT
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A-1 31846LAQ9 0.000000 0.000000 0.000000 0.000000 0.000000 7.050000% 7.050000%
A-2 31846LAR7 937.391680 5.780582 30.491874 36.272456 906.899806 7.400000% 7.400000%
A-3 31846LAS5 1,000.000000 6.687502 0.000000 6.687502 1,000.000000 8.025000% 8.025000%
A-4 31846LAT3 581.663570 3.102206 48.858114 51.960319 532.805457 6.000000% 6.000000%
R 0.000000 2.021970 0.000000 2.021970 0.000000 0.000000% 0.000000%
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SELLER: First Alliance Mortgage Company ADMINISTRATOR: Jason Rosiak
SERVICER: First Alliance Mortgage Company Bankers Trust Company
LEAD UNDERWRITER: Prudential Securities Incorporated 3 Park Plaza
RECORD DATE: June 28, 1996 Irvine, CA 92714
DISTRIBUTION DATE: July 22, 1996 FACTOR INFORMATION: (800) 735-7777
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Page 1 of 4
FIRST ALLIANCE
Mortgage Loan Trust
Series 1995-1
Statement To Certificateholders
Distribution Date: July 22, 1996
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DELINQUENCY ADVANCES MADE: 68,938.69
ACCRUED SERVICING FEE FOR THE CURRENT PERIOD: 26,816.51
PLUS: ADDITIONAL SERVICING FEES: 0.00
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26,816.51
LESS: PERMITTED REDUCTIONS TO SERVICING FEES: 0.00
---------
26,816.51
LESS: UNCOLLECTED SERVICING FEES ACCRUED ON DELINQUENT LOANS: (3,820.15)
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ACTUAL COLLECTED SERVICING FEES FOR CURRENT PERIOD: 22,996.36
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DELINQUENT* AND LOANS LOANS
FORECLOSURE LOAN 31-60 61-90 91+ IN IN
INFORMATION DAYS DAYS DAYS TOTAL REO FORECLOSURE
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GROUP 1 PRINCIPAL BALANCE 55,595.78 338,320.34 436,598.22 830,514.34 0.00 868,314.35
PERCENTAGE OF POOL BALANCE 0.2639% 1.6057% 2.0721% 3.9416% 0.0000% 4.1210%
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NUMBER OF LOANS 1 6 6 13 0 10
PERCENTAGE OF LOANS 0.2817% 1.6901% 1.6901% 3.6620% 0.0000% 2.8169%
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GROUP 2 PRINCIPAL BALANCE 367,262.73 519,488.47 1,404,571.29 2,291,322.49 52,521.62 1,940,668.48
PERCENTAGE OF POOL BALANCE 1.9037% 1.9037% 7.2804% 11.0877% 0.2722% 10.0592%
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NUMBER OF LOANS 5 6 16 27 1 23
PERCENTAGE OF LOANS 2.0833% 2.0833% 6.6667% 10.8333% 0.4167% 9.5833%
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*Note: Loans in foreclosure are included in the respective delinquency
categories.
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BOOK VALUE OF REO PROPERTY: GROUP 1 0.00
GROUP 2 59,346.59
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SUBSTITUTION PRINCIPAL AMOUNT: GROUP 1 0.00
GROUP 2 0.00
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SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS GROUP 1 21,682,617.15
AS OF THE BEGINNING OF THE REMITTANCE PERIOD: GROUP 2 20,994,416.99
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SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS GROUP 1 21,070,309.83
AS OF THE END OF THE REMITTANCE PERIOD: GROUP 2 19,292,542.32
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-------------------------------
CARRY-FORWARD AMOUNT: GROUP 1 0.00
GROUP 2 0.00
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PROJECTED NET MONTHLY EXCESS CASH FLOW: GROUP 1 66,590.96
GROUP 2 83,033.51
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/(c)/ COPYRIGHT1996 Bankers Trust Company
Page 2 of 4
FIRST ALLIANCE
MORTGAGE LOAN TRUST
SERIES 1995-1
STATEMENT TO CERTIFICATEHOLDERS
Distribution Date: July 22, 1996
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NUMBER OF LOANS AS OF THE BEGINNING OF THE REMITTANCE PERIOD: GROUP 1 367
GROUP 2 258
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NUMBER OF LOANS AS OF THE END OF THE REMITTANCE PERIOD: GROUP 1 355
GROUP 2 240
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WEIGHTED AVERAGE COUPON AS OF THE CURRENT DISTRIBUTION DATE: GROUP 1 11.886913%
GROUP 2 11.092404%
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-------------------------------
WEIGHTED AVERAGE COUPON AS OF THE NEXT DISTRIBUTION DATE: GROUP 1 11.866655%
GROUP 2 11.142840%
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CURTAILMENTS INCLUDED IN CURRENT DISTRIBUTION: GROUP 1 4,095.85
GROUP 2 89,009.30
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PREPAYMENTS IN FULL/UNSCHEDULED RECOVERIES OF PRINCIPAL GROUP 1 584,556.25
INCLUDED IN CURRENT DISTRIBUTION: GROUP 2 1,601,553.59
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AMOUNT OF EXCESS SPREAD SUPPORT TO THIS GROUP: GROUP 1 0.00
(FROM OTHER GROUP) GROUP 2 0.00
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TRUST TERMINATION PROCEEDS: GROUP 1 0.00
GROUP 2 0.00
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INSURED PAYMENTS: GROUP 1 0.00
GROUP 2 0.00
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CERTIFICATE INSURER PREMIUM PAYMENT: GROUP 1 2,992.47
GROUP 2 2,877.07
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TOTAL: 5,869.55
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/c/ COPYRIGHT 1996 Bankers Trust Company
Page 3 of 4
FIRST ALLIANCE
MORTGAGE LOAN TRUST
SERIES 1995-1
STATEMENT TO CERTIFICATEHOLDERS
Distribution Date: July 22, 1996
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SUBORDINATION TRACKING:
PRIOR SUBORDINATION SUBORDINATION CURRENT SPECIFIED
SUBORDINATED INCREASE REDUCTION REALIZED SUBORDINATED SUBORDINATED
AMOUNT AMOUNT AMOUNT LOSSES AMOUNT AMOUNT
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GROUP 1 608,854.82 0.00 0.00 0.00 608,854.82 608,854.82
GROUP 2 733,329.85 0.00 0.00 0.00 733,329.85 733,329.85
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TOTAL 1,342,184.67 0.00 0.00 0.00 1,342,184.67 1,342,184.67
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INTEREST ALLOCATION TRACKING:
GROUP I GROUP II TOTAL
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Mortgage Loan Scheduled Interest (GRP I adjusted for curtailments) 214,782.81 194,065.46 408,848.27
LESS: Accrued Servicing Fees (GRP I adjusted for curtailments) (18,068.84) (8,747.67) (26,816.51)
LESS: GRP I Insurance Premium Due Certificate Insurer (2,992.47) (2,877.07) (5,869.55)
LESS: Current Accrued Interest Due Certificateholders (131,126.75) (108,059.13) (239,185.88)
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Monthly Excess Spread Amounts 62,594.75 74,381.59 136,976.33
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REALIZED LOSS TRACKING:
GROUP 1 GROUP 2
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RECOVERED RECOVERED RECOVERED RECOVERED
REALIZED DELINQUENCY SERVICING REALIZED DELINQUENCY SERVICING
LOSSES ADVANCES ADVANCES TOTAL LOSSES ADVANCES ADVANCES TOTAL
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Prior: 0.00 0.00 0.00 0.00 6,248.60 0.00 0.00 6,248.60
Current: 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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Cumulative: 0.00 0.00 0.00 0.00 6,248.60 0.00 0.00 6,248.60
================================================== ====================================================
SPECIAL LOAN TRACKING:
BANKRUPTCY PROCEEDINGS
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NUMBER PRINCIPAL
OF LOANS BALANCE
------------------- ----------------------
GROUP I GROUP II GROUP I GROUP II
Current: 0 0 0.00 0.00
Delinquent: 3 2 184,715.08 263,068.39
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TOTAL: 3 2 184,715.08 263,068.39
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Page 4 of 4
FIRST ALLIANCE
Mortgage Loan Trust
Series 1995-1
Statement To Certificateholders
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Distribution Date: July 22, 1996
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THE SUM OF: GROUP 1 GROUP 2 TOTAL
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INTEREST COLLECTED: 214,741.40 193,917.17 408,658.57
INTEREST ADVANCED
(To cover interest on curtailments and incorrect note rates) 41.41 148.29 189.70
LIQUIDATION INTEREST: 0.00 0.00 0.00
INSURANCE INTEREST: 0.00 0.00 0.00
REPURCHASE INTEREST: 0.00 0.00 0.00
LESS: DELINQUENT INTEREST: (20,844.75) (47,475.88) (68,320.63)
PLUS: DELINQUENCY ADVANCES ON MORTGAGE INTEREST: 19,122.16 45,378.31 64,500.47
PRINCIPAL COLLECTED: 612,307.32 1,701,874.67 2,314,181.99
INSURANCE PRINCIPAL PROCEEDS RECEIVED: 0.00 0.00 0.00
NET LIQUIDATION PROCEEDS: 0.00 0.00 0.00
LOAN PURCHASE PRICE AMOUNTS (Per P&S, Section 7.8 (vii)): 0.00 0.00 0.00
SUBSTITUTION AMOUNTS (Per P&S, Section 7.8 (vii)): 0.00 0.00 0.00
TRUST TERMINATION PROCEEDS: 0.00 0.00 0.00
INVESTMENT EARNINGS ON CERTIFICATE ACCOUNT: 0.00 0.00 0.00
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825,367.54 1,893,842.56 2,719,210.10
ESS:
SERVICING FEES (INCLUDING PPIS): 16,346.26 6,650.10 22,996.36
TRUSTEE FEES: 0.00 0.00 0.00
INSURANCE PREMIUMS: 2,992.47 2,877.07 5,869.55
REIMBURSEMENT OF DELINQUENCY ADVANCES: 0.00 0.00 0.00
REIMBURSEMENTS OF SERVICING ADVANCES: 0.00 0.00 0.00
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19,338.73 9,527.17 28,865.91
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AVAILABLE FUNDS: 806,028.81 1,884,315.39 2,690,344.19
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Page 1 of 1 (C)COPYRIGHT 1996 Bankers
Trust Company