1
Record Date: 04/30/99
Prior Period: 04/26/99
Distribution Date: 05/25/99
[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% 150,744,000.00 147,346,397.80 767,429.16 3,704,178.72 0.00
Factors per 5.09094332 24.57264448
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
PO 337403CN7 N/A 1,438,164.00 1,426,239.18 0.00 3,793.71 0.00
Factors per 0.00000000 2.63788414
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
1A-WIO* 337403CP2 0.36% 113,352,150.00 113,352,150.00 33,958.87 0.00 0.00
Factors per 0.29958735 0.00000000
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
2A 337403CQ0 6.28% 55,130,000.00 54,492,440.04 284,992.05 55,172.19 0.00
Factors per 5.16945492 1.00076528
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
A-R 337403CR8 6.25% 50.00 0.00 2,201.09 0.00 0.00
Factors per 44021.80000000 0.00000000
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
A-LR 337403CY3 6.25% 50.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
M 337403CT4 6.26% 1,914,000.00 1,903,102.56 9,922.97 4,471.83 0.00
Factors per 5.18441484 2.33637931
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
B-1 337403CU1 6.26% 1,064,000.00 1,057,942.07 5,516.22 2,485.91 0.00
Factors per 5.18441729 2.33638158
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
B-2 337403CV9 6.26% 744,000.00 739,764.01 3,857.21 1,738.27 0.00
Factors per 5.18442204 2.33638441
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
B-3 337403CW7 6.26% 744,000.00 739,764.01 3,857.21 1,738.27 0.00
Factors per 5.18442204 2.33638441
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
B-4 337403CX5 6.26% 426,000.00 423,574.55 2,208.56 995.30 0.00
Factors per 5.18441315 2.33638498
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
B-5 337403CS6 6.26% 425,259.00 422,837.77 2,204.72 993.57 0.00
Factors per 5.18441703 2.33638794
Thousand
- ------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------
Totals 212,629,523.00 208,552,061.99 1,116,148.06 3,775,567.77 0.00
==============================================================================================================================
ENDING
TOTAL CERTIFICATE
CLASS DISTRIBUTION BALANCE
- ---------------------------------------------------
1A 4,471,607.88 143,642,219.08
Factors per 29.66358780 952.88846707
Thousand
- ---------------------------------------------------
PO 3,793.71 1,422,445.47
Factors per 2.63788414 989.07041895
Thousand
- ---------------------------------------------------
1A-WIO* 33,958.87 113,241,836.27
Factors per 0.29958735 999.02680514
Thousand
- ---------------------------------------------------
2A 340,164.24 54,437,267.85
Factors per 6.17022021 987.43457011
Thousand
- ---------------------------------------------------
A-R 2,201.09 0.00
Factors per 44021.80000000 0.00000000
Thousand
- ---------------------------------------------------
A-LR 0.00 0.00
Factors per 0.00000000 0.00000000
Thousand
- ---------------------------------------------------
M 14,394.80 1,898,630.73
Factors per 7.52079415 991.97007837
Thousand
- ---------------------------------------------------
B-1 8,002.13 1,055,456.16
Factors per 7.52079887 991.97007519
Thousand
- ---------------------------------------------------
B-2 5,595.48 738,025.74
Factors per 7.52080645 991.97008065
Thousand
- ---------------------------------------------------
B-3 5,595.48 738,025.74
Factors per 7.52080645 991.97008065
Thousand
- ---------------------------------------------------
B-4 3,203.86 422,579.25
Factors per 7.52079812 991.97007042
Thousand
- ---------------------------------------------------
B-5 3,198.29 421,844.20
Factors per 7.52080497 991.97007000
Thousand
- ---------------------------------------------------
------------------------------
Totals 4,891,715.83 204,776,494.22
===================================================
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: 04/30/99
Prior Period: 04/26/99
Distribution Date: 05/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 1
SCHEDULE OF REMITTANCE
Scheduled Principal 539,422.19
Prepayments 3,180,196.86
------------
TOTAL PRINCIPAL DISTRIBUTION 3,719,619.05
Interest 878,026.45
(Master Servicing Fee) 2,544.13
(Subservicing Fee) 49,992.40
(Trust Administration Fee) 1,717.29 1,081.26
(Trustee Fee) 628.92 636.03
------------
TOTAL INTEREST DISTRIBUTION 2,346.21 823,772.62
TOTAL AVAILABLE FUNDS 4,543,391.67
============
- ---------------------------------------------------------------------------
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
- ---------------------------------------------------------------------------
Delinquent 30-59 Days 2 479,780.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00
- ---------------------------------------------------------------------------
COLLATERAL INFORMATION
Weighted Average to Maturity 170
Weighted Average Loan Rate 6.902368%
Agg. Beginning Principal Balance of Loans 152,647,864.79
Agg. Ending Principal Balance of Loans 148,928,245.74
Agg. Schd. Principal Balance of Discount Pool 1 Loans 39,406,028.52
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 148,928,245.74
Adjusted Pool Amount (PO) 110,675,553.95
Class 1A-PO Deferred Amount --
Book Value of Real Estate acquired --
Pool 1 Distribution Amount 4,543,391.67
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: 04/30/99
Prior Period: 04/26/99
Distribution Date: 05/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 1
CERTIFICATE INFORMATION
Beginning Upaid 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 97.826274%
Class 1A-WIO 0.00 0.00 0.00 0.00 Group 1 M Percentage 0.782454%
Class 1M 0.00 0.00 0.00 0.00 Group 1 B-1 Percentage 0.434969%
Class 1B-1 0.00 0.00 0.00 0.00 Group 1 B-2 Percentage 0.304151%
Class 1B-2 0.00 0.00 0.00 0.00 Group 1 B-3 Percentage 0.304151%
Class 1B-3 0.00 0.00 0.00 0.00 Group 1 B-4 Percentage 0.174151%
Class 1B-4 0.00 0.00 0.00 0.00 Group 1 B-5 Percentage 0.173848%
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: 04/30/99
Prior Period: 04/26/99
Distribution Date: 05/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 2
SCHEDULE OF REMITTANCE
Scheduled Principal 52,308.64
Prepayments 3,640.06
----------
TOTAL PRINCIPAL DISTRIBUTION 55,948.70
Interest 305,581.79
(Master Servicing Fee) 931.74
(Subservicing Fee) 11,646.71
(Trust Administration Fee) 395.99
(Trustee Fee) 232.93
----------
TOTAL NET INTEREST DISTRIBUTION 292,374.43
TOTAL AVAILABLE FUNDS 348,323.13
==========
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 354
Weighted Average Mortgage Rate 6.559425%
Agg. Beginning Principal Balance of Loans 55,904,196.68
Agg. Ending Principal Balance of Loans 55,848,247.98
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 55,848,247.98
Book Value of Real Estate acquired --
Pool 2 Distribution Amount 348,323.13
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: 04/30/99
Prior Period: 04/26/99
Distribution Date: 05/25/99
[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 98.515519%
Group 2 M Percentage 0.534354%
Group 2 B-1 Percentage 0.297049%
Group 2 B-2 Percentage 0.207711%
Group 2 B-3 Percentage 0.207711%
Group 2 B-4 Percentage 0.118931%
Group 2 B-5 Percentage 0.118725%
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