1
Record Date: 02/28/99
Prior Period: 02/25/99
Distribution Date: 03/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
===================================================================================================================================
ORIGINAL BEGINNING CURRENT
CERTIFICATE CERTIFICATE CERTIFICATE REALIZED
CLASS CUSIP RATE BALANCE BALANCE INTEREST PRINCIPAL LOSS
- -----------------------------------------------------------------------------------------------------------------------------------
1A 337403CM9 6.25% 150,744,000.00 150,744,000.00 785,125.00 2,396,098.98 0.00
Factors per 5.20833333 15.89515324
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
PO 337403CN7 N/A 1,438,164.00 1,438,164.00 0.00 8,122.87 0.00
Factors per 0.00000000 5.64808325
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
1A-WIO* 337403CP2 0.39% 113,352,150.00 113,352,150.00 34,118.65 0.00 0.00
Factors per 0.30099694 0.00000000
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
2A 337403CQ0 6.27% 55,130,000.00 55,130,000.00 288,250.44 55,690.68 0.00
Factors per 5.22855868 1.01017014
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
A-R 337403CR8 6.25% 50.00 50.00 4,332.92 50.00 0.00
Factors per 86658.40000000 1000.00000000
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
A-LR 337403CY3 6.25% 50.00 50.00 0.26 50.00 0.00
Factors per 5.20000000 1000.00000000
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
M 337403CT4 6.26% 1,914,000.00 1,914,000.00 9,979.05 4,980.34 0.00
Factors per 5.21371473 2.60205852
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
B-1 337403CU1 6.26% 1,064,000.00 1,064,000.00 5,547.39 2,768.59 0.00
Factors per 5.21371241 2.60205827
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
B-2 337403CV9 6.26% 744,000.00 744,000.00 3,879.00 1,935.93 0.00
Factors per 5.21370968 2.60205645
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
B-3 337403CW7 6.26% 744,000.00 744,000.00 3,879.00 1,935.93 0.00
Factors per 5.21370968 2.60205645
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
B-4 337403CX5 6.26% 426,000.00 426,000.00 2,221.04 1,108.48 0.00
Factors per 5.21370892 2.60206573
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
B-5 337403CS6 6.26% 425,259.00 425,259.00 2,217.18 1,106.55 0.00
Factors per 5.21371682 2.60206133
Thousand
- --------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------
TOTALS 212,629,523.00 212,629,523.00 1,139,549.93 2,473,848.35 0.00
================================================================================================================================
ENDING
TOTAL CERTIFICATE
CLASS DISTRIBUTION BALANCE
- -----------------------------------------------------
1A 3,181,223.98 148,347,901.02
Factors per 21.10348657 984.10484676
Thousand
- -----------------------------------------------------
PO 8,122.87 1,430,041.13
Factors per 5.64808325 994.35191675
Thousand
- -----------------------------------------------------
1A-WIO* 34,118.65 105,463,574.55
Factors per 0.30099694 930.40647707
Thousand
- -----------------------------------------------------
2A 343,941.12 55,074,309.32
Factors per 6.23872882 998.98982986
Thousand
- -----------------------------------------------------
A-R 4,382.92 0.00
Factors per 87658.40000000 0.00000000
Thousand
- -----------------------------------------------------
A-LR 50.26 0.00
Factors per 1005.20000000 0.00000000
Thousand
- -----------------------------------------------------
M 14,959.39 1,909,019.66
Factors per 7.81577325 997.39794148
Thousand
- -----------------------------------------------------
B-1 8,315.98 1,061,231.41
Factors per 7.81577068 997.39794173
Thousand
- -----------------------------------------------------
B-2 5,814.93 742,064.07
Factors per 7.81576613 997.39794355
Thousand
- -----------------------------------------------------
B-3 5,814.93 742,064.07
Factors per 7.81576613 997.39794355
Thousand
- -----------------------------------------------------
B-4 3,329.52 424,891.52
Factors per 7.81577465 997.39793427
Thousand
- -----------------------------------------------------
B-5 3,323.73 424,152.45
Factors per 7.81577815 997.39793867
Thousand
- -----------------------------------------------------
----------------------------------
TOTALS 3,613,398.28 210,155,674.65
=====================================================
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 * NOTIONAL BALANCE FAX: 704-383-6039
2
Record Date: 02/28/99
Prior Period: 02/25/99
Distribution Date: 03/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 1
SCHEDULE OF REMITTANCE
Scheduled Principal 523,650.98
Prepayments 1,893,214.95
------------
TOTAL PRINCIPAL DISTRIBUTION 2,416,865.93
Interest 903,845.51
(Master Servicing Fee) 2,601.42
(Subservicing Fee) 55,581.05
(Trust Administration Fee) 1,755.96 1,105.60
(Trustee Fee) 636.12 650.35
------------
TOTAL INTEREST DISTRIBUTION 2,392.08 843,907.08
TOTAL AVAILABLE FUNDS 3,260,773.01
============
- -------------------------------------------------------------
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
- -------------------------------------------------------------
Delinquent 30-59 Days 0 0.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00
- --------------------------------------------------------------
COLLATERAL INFORMATION
Weighted Average to Maturity 172
Weighted Average Loan Rate 6.909059%
Agg. Beginning Principal Balance of Loans 156,085,128.00
Agg. Ending Principal Balance of Loans 153,668,262.07
Agg. Schd. Principal Balance of Discount Pool 1 Loans 50,621,553.45
Previous Scheduled Principal Payments --
Previous Prepayments --
Prior Weighted Average to Maturity N/A
Prior Weighted Average Loan Rate N/A
Realized Losses --
Adjusted Pool Amount 153,668,262.07
Adjusted Pool Amount (PO) 105,246,067.11
Class 1A-PO Deferred Amount --
Book Value of Real Estate acquired --
Pool 1 Distribution Amount 3,260,773.01
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
Record Date: 02/28/99
Prior Period: 02/25/99
Distribution Date: 03/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
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 97.578272%
Class 1A-WIO 0.00 0.00 0.00 0.00 Group 1 M Percentage 0.871725%
Class 1M 0.00 0.00 0.00 0.00 Group 1 B-1 Percentage 0.484595%
Class 1B-1 0.00 0.00 0.00 0.00 Group 1 B-2 Percentage 0.338852%
Class 1B-2 0.00 0.00 0.00 0.00 Group 1 B-3 Percentage 0.338852%
Class 1B-3 0.00 0.00 0.00 0.00 Group 1 B-4 Percentage 0.194020%
Class 1B-4 0.00 0.00 0.00 0.00 Group 1 B-5 Percentage 0.193683%
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
Record Date: 02/28/99
Prior Period: 02/25/99
Distribution Date: 03/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 2
SCHEDULE OF REMITTANCE
Scheduled Principal 51,640.57
Prepayments 5,341.84
---------------
TOTAL PRINCIPAL DISTRIBUTION 56,982.41
Interest 309,000.73
(Master Servicing Fee) 942.41
(Subservicing Fee) 11,780.08
(Trust Administration Fee) 400.52
(Trustee Fee) 235.60
---------------
TOTAL NET INTEREST DISTRIBUTION 295,642.12
TOTAL AVAILABLE FUNDS 352,624.53
===============
295643.12000000
- -------------------------------------------------------------------
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
- -------------------------------------------------------------------
Delinquent 30-59 Days 0 0.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00
- -------------------------------------------------------------------
COLLATERAL INFORMATION
Weighted Average to Maturity 356
Weighted Average Mortgage Rate 6.557770%
Agg. Beginning Principal Balance of Loans 56,544,394.48
Agg. Ending Principal Balance of Loans 56,487,412.07
Previous Scheduled Principal Payments --
Previous Prepayments --
Prior Weighted Average to Maturity N/A
Prior Weighted Average Loan Rate N/A
Realized Losses --
Adjusted Pool Amount 56,487,412.07
Book Value of Real Estate acquired --
Pool 2 Distribution Amount 352,624.53
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
Record Date: 02/28/99
Prior Period: 02/25/99
Distribution Date: 03/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
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 97.498612%
Group 2 M Percentage 0.900399%
Group 2 B-1 Percentage 0.500535%
Group 2 B-2 Percentage 0.349998%
Group 2 B-3 Percentage 0.349998%
Group 2 B-4 Percentage 0.200402%
Group 2 B-5 Percentage 0.200054%
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