1
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/99
PRIOR PERIOD: 11/25/99
DISTRIBUTION DATE: 12/27/99
====================================================================================================================================
Original Beginning Current Ending
Certificate Certificate Certificate Realized Total Certificate
Class Cusip Rate Balance Balance Interest Principal Loss Distribution Balance
- ------------------------------------------------------------------------------------------------------------------------------------
1A 337403CM8 6.25% 150,744,000.00 133,946,407.54 697,637.54 1,062,441.60 0.00 1,760,079.14 132,883,965.94
Factors 4.62796224 7.04798599 11.67594823 881.52076328
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
PO 337403CN7 N/A 1,438,164.00 1,385,290.78 0.00 5,128.14 0.00 5,128.14 1,380,162.64
Factors 0.00000000 3.56575467 3.56575467 959.66985685
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
1A-WIO* 337403CP2 0.35% 113,352,150.00 101,449,435.50 29,772.91 0.00 0.00 29,772.91 100,568,160.60
Factors 0.26265854 0.00000000 0.26265854 887.21881852
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
2A 337403CQ0 6.28% 55,130,000.00 51,935,157.11 271,621.43 59,409.87 0.00 331,031.30 51,875,747.24
Factors 4.92692599 1.07763232 6.00455832 940.97129040
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
A-R 337403CR8 6.25% 50.00 0.00 2,201.02 0.00 0.00 2,201.02 0.00
Factors 44020.40000000 0.00000000 4020.40000000 0.00000000
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
A-LR N/A 6.25% 50.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors 0.00000000 0.00000000 0.00000000 0.00000000
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
M 337403CS6 6.26% 1,914,000.00 1,861,776.37 9,707.70 6,342.29 0.00 16,049.99 1,855,434.08
Factors 5.07194357 3.31363114 8.38557471 969.40129572
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
B-1 337403CT4 6.26% 1,064,000.00 1,034,968.69 5,396.55 3,525.71 0.00 8,922.26 1,031,442.98
Factors 5.07194549 3.31363722 8.38558271 969.40129699
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
B-2 337403CU1 6.26% 744,000.00 723,699.92 3,773.53 2,465.34 0.00 6,238.87 721,234.58
Factors 5.07194892 3.31362903 8.38557796 969.40131720
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
B-3 337403CV8 6.26% 744,000.00 723,699.92 3,773.53 2,465.34 0.00 6,238.87 721,234.58
Factors 5.07194892 3.31362903 8.38557796 969.40131720
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
B-4 337403CW7 6.26% 426,000.00 414,376.55 2,160.65 1,411.61 0.00 3,572.26 412,964.94
Factors 5.07194836 3.31363850 8.38558685 969.40126761
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
B-5 337403CX5 6.26% 425,259.00 413,655.78 2,156.89 1,409.15 0.00 3,566.04 412,246.63
Factors 5.07194439 3.31362770 8.38557209 969.40130603
per
Thousand
- ------------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------
TOTALS 212,629,523.00 192,439,032.66 1,028,201.75 1,144,599.05 0.00 2,172,800.80 191,294,433.61
====================================================================================================================================
First Union National Bank Robert Ashbaugh
Structured Finance Trust Services Vice President
230 South Tryon Street, 9th Floor Phone: 704-383-9568
Charlotte, North Carolina 28288-1179 Fax: 704-383-6039
* Notional Balance
2
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/99
PRIOR PERIOD: 11/25/99
DISTRIBUTION DATE: 12/27/99
====================================================================================================================================
POOL 1
--------------------------------------------------- ------------------------------------------------------------------------
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
---------------------- ----------------------
Scheduled Principal 538,894.26
Prepayments 544,915.36 Weighted Average to Maturity 163
------------ Weighted Average Loan Rate 6.890402%
TOTAL PRINCIPAL DISTRIBUTION 1,083,809.62
Interest 798,718.12 Agg. Beginning Principal Balance of Loans 139,100,990.87
Agg. Ending Principal Balance of Loans 138,017,181.25
(Master Servicing Fee) 2,318.35 Agg. Schd. Principal Balance of Discount Pool 1 Loans 37,651,555.37
(Subservicing Fee) 45,591.69
(Trust Administration Fee) 985.30 Previous Scheduled Principal Payments 537,823.05
(Trustee Fee) 579.59 Previous Prepayments 696,506.57
------------ Prior Weighted Average to Maturity 164
TOTAL INTEREST DISTRIBUTION 749,243.19 Prior Weighted Average Loan Rate 6.889316%
TOTAL AVAILABLE FUNDS 1,833,052.81
============ Realized Losses -
---------------------------------------------------
--------------------------------------------------- Adjusted Pool Amount 138,017,181.25
DELINQUENCY NUMBER PRINCIPAL Adjusted Pool Amount (PO) 101,525,717.74
INFORMATION OF LOANS BALANCE Class 1A-PO Deferred Amount -
--------------------------------------------------- Book Value of Real Estate acquired -
Delinquent 30-59 Days 4 1,329,148.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00 Pool 1 Distribution Amount 1,833,052.81
--------------------------------------------------- ------------------------------------------------------------------------
====================================================================================================================================
First Union National Bank Robert Ashbaugh
Structured Finance Trust Services Vice President
230 South Tryon Street, 9th Floor Phone: 704-383-9568
Charlotte, North Carolina 28288-1179 Fax: 704-383-6039
3
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/99
PRIOR PERIOD: 11/25/99
DISTRIBUTION DATE: 12/27/99
====================================================================================================================================
POOL 1
CERTIFICATE INFORMATION
-----------------------
Beginning Unpaid Ending Unpaid Non-Supported Realized Loss Class
Interest Shortfall Interest Shortfall Interest Shortfall Interest Portion Percentage
Class A-1 0.00 0.00 0.00 0.00 Group 1 A Percentage 96.965434%
Class 1A-WIO 0.00 0.00 0.00 0.00 Group 1 M Percentage 1.092322%
Class 1M 0.00 0.00 0.00 0.00 Group 1 B-1 Percentage 0.607226%
Class 1B-1 0.00 0.00 0.00 0.00 Group 1 B-2 Percentage 0.424602%
Class 1B-2 0.00 0.00 0.00 0.00 Group 1 B-3 Percentage 0.424602%
Class 1B-3 0.00 0.00 0.00 0.00 Group 1 B-4 Percentage 0.243119%
Class 1B-4 0.00 0.00 0.00 0.00 Group 1 B-5 Percentage 0.242696%
Class 1B-5 0.00 0.00 0.00 0.00
====================================================================================================================================
First Union National Bank Robert Ashbaugh
Structured Finance Trust Services Vice President
230 South Tryon Street, 9th Floor Phone: 704-383-9568
Charlotte, North Carolina 28288-1179 Fax: 704-383-6039
4
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/99
PRIOR PERIOD: 11/25/99
DISTRIBUTION DATE: 12/27/99
====================================================================================================================================
POOL 2
--------------------------------------------------- ------------------------------------------------------------------------
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
---------------------- ----------------------
Scheduled Principal 52,451.67
Prepayments 8,337.77 Weighted Average to Maturity 347
---------- Weighted Average Mortgage Rate 6.559513%
TOTAL PRINCIPAL DISTRIBUTION 60,789.44
Interest 291,559.65 Agg. Beginning Principal Balance of Loans 53,338,041.28
Agg. Ending Principal Balance of Loans 53,277,251.84
(Master Servicing Fee) 888.97
(Subservicing Fee) 11,112.09 Previous Scheduled Principal Payments 52,134.72
(Trust Administration Fee) 377.81 Previous Prepayments 5,995.31
(Trustee Fee) 222.24
----------
TOTAL NET INTEREST DISTRIBUTION 278,958.54 Prior Weighted Average to Maturity 348
Prior Weighted Average Loan Rate 6.559494%
TOTAL AVAILABLE FUNDS 339,747.98
========== Realized Losses -
---------------------------------------------------
---------------------------------------------------
DELINQUENCY NUMBER PRINCIPAL Adjusted Pool Amount 53,277,251.84
INFORMATION OF LOANS BALANCE
---------------------------------------------------
Delinquent 30-59 Days 0 0.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00 Book Value of Real Estate acquired -
Pool 2 Distribution Amount 339,747.98
--------------------------------------------------- ------------------------------------------------------------------------
====================================================================================================================================
First Union National Bank Robert Ashbaugh
Structured Finance Trust Services Vice President
230 South Tryon Street, 9th Floor Phone: 704-383-9568
Charlotte, North Carolina 28288-1179 Fax: 704-383-6039
5
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/99
PRIOR PERIOD: 11/25/99
DISTRIBUTION DATE: 12/27/99
====================================================================================================================================
POOL 2
CERTIFICATE INFORMATION
-----------------------
Beginning Unpaid Ending Unpaid Non-Supported Realized Loss Class
Interest Shortfall Interest Shortfall Interest Shortfall Interest Portion Percentage
Class 2A 0.00 0.00 0.00 0.00 Group 2 A Percentage 97.369824%
Group 2 M Percentage 0.946758%
Group 2 B-1 Percentage 0.526306%
Group 2 B-2 Percentage 0.368019%
Group 2 B-3 Percentage 0.368019%
Group 2 B-4 Percentage 0.210720%
Group 2 B-5 Percentage 0.210354%
====================================================================================================================================
First Union National Bank Robert Ashbaugh
Structured Finance Trust Services Vice President
230 South Tryon Street, 9th Floor Phone: 704-383-9568
Charlotte, North Carolina 28288-1179 Fax: 704-383-6039