1
Record Date: 07/31/99
Prior Period: 07/25/99
Distribution Date: 08/25/99
[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 337403CM8 6.25% 150,744,000.00 140,307,283.89 730,767.10 1,890,017.31 0.00
Factors per
Thousand 4.84773590 12.53792728
- -----------------------------------------------------------------------------------------------------------------------------------
PO 337403CN7 N/A 1,438,164.00 1,414,591.18 0.00 4,093.51 0.00
Factors per
Thousand 0.00000000 2.84634437
- -----------------------------------------------------------------------------------------------------------------------------------
1A-WIO* 337403CP2 0.35% 113,352,150.00 106,615,928.81 31,220.81 0.00 0.00
Factors per
Thousand 0.27543201 0.00000000
- -----------------------------------------------------------------------------------------------------------------------------------
2A 337403CQ0 6.28% 55,130,000.00 54,327,596.33 284,132.25 828,699.97 0.00
Factors per
Thousand 5.15385906 15.03174261
- -----------------------------------------------------------------------------------------------------------------------------------
A-R 337403CR8 6.25% 50.00 0.00 2,201.09 0.00 0.00
Factors per
Thousand 44021.80000000 0.00000000
- -----------------------------------------------------------------------------------------------------------------------------------
A-LR N/A 6.25% 50.00 0.00 0.00 0.00 0.00
Factors per
Thousand 0.00000000 0.00000000
- -----------------------------------------------------------------------------------------------------------------------------------
M 337403CS6 6.26% 1,914,000.00 1,886,573.82 9,836.88 6,099.53 0.00
Factors per
Thousand 5.13943574 3.18679728
- -----------------------------------------------------------------------------------------------------------------------------------
B-1 337403CT4 6.26% 1,064,000.00 1,048,753.68 5,468.36 3,390.75 0.00
Factors per
Thousand 5.13943609 3.18679511
- -----------------------------------------------------------------------------------------------------------------------------------
B-2 337403CU1 6.26% 744,000.00 733,339.05 3,823.74 2,370.98 0.00
Factors per
Thousand 5.13943548 3.18680108
- -----------------------------------------------------------------------------------------------------------------------------------
B-3 337403CV8 6.26% 744,000.00 733,339.05 3,823.74 2,370.98 0.00
Factors per
Thousand 5.13943548 3.18680108
- -----------------------------------------------------------------------------------------------------------------------------------
B-4 337403CW7 6.26% 426,000.00 419,895.74 2,189.40 1,357.58 0.00
Factors per
Thousand 5.13943662 3.18680751
- -----------------------------------------------------------------------------------------------------------------------------------
B-5 337403CX5 6.26% 425,259.00 419,165.35 2,185.59 1,355.21 0.00
Factors per
Thousand 5.13943268 3.18678735
- -----------------------------------------------------------------------------------------------------------------------------------
=====================================================================================
TOTALS 212,629,523.00 201,290,538.09 1,075,648.96 2,739,755.82 0.00
===================================================================================================================================
=======================================================
ENDING
TOTAL CERTIFICATE
CLASS DISTRIBUTION BALANCE
- -------------------------------------------------------
1A 2,620,784.41 138,417,266.58
Factors per
Thousand 17.38566318 918.22736945
- -------------------------------------------------------
PO 4,093.51 1,410,497.67
Factors per
Thousand 2.84634437 980.76274333
- -------------------------------------------------------
1A-WIO* 31,220.81 104,871,154.32
Factors per
Thousand 0.27543201 925.18010748
- -------------------------------------------------------
2A 1,112,832.22 53,498,896.36
Factors per
Thousand 20.18560167 970.41350190
- -------------------------------------------------------
A-R 2,201.09 0.00
Factors per
Thousand 44021.80000000 0.00000000
- -------------------------------------------------------
A-LR 0.00 0.00
Factors per
Thousand 0.00000000 0.00000000
- -------------------------------------------------------
M 15,936.41 1,880,474.29
Factors per
Thousand 8.32623302 982.48395507
- -------------------------------------------------------
B-1 8,859.11 1,045,362.93
Factors per
Thousand 8.32623120 982.48395677
- -------------------------------------------------------
B-2 6,194.72 730,968.07
Factors per
Thousand 8.32623656 982.48396505
- -------------------------------------------------------
B-3 6,194.72 730,968.07
Factors per
Thousand 8.32623656 982.48396505
- -------------------------------------------------------
B-4 3,546.98 418,538.16
Factors per
Thousand 8.32624413 982.48394366
- -------------------------------------------------------
B-5 3,540.80 417,810.14
Factors per
Thousand 8.32622002 982.48394508
- -------------------------------------------------------
=================================
TOTALS 3,815,404.78 198,550,782.27
=======================================================
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: 07/31/99
Prior Period: 07/25/99
Distribution Date: 08/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 1
SCHEDULE OF REMITTANCE
Scheduled Principal 533,659.89
Prepayments 1,376,051.06
------------
TOTAL PRINCIPAL DISTRIBUTION 1,909,710.95
Interest 835,850.80
(Master Servicing Fee) 2,425.91
(Subservicing Fee) 47,636.17
(Trust Administration Fee) 1,031.01
(Trustee Fee) 606.48
------------
TOTAL INTEREST DISTRIBUTION 784,151.23
TOTAL AVAILABLE FUNDS 2,693,862.18
============
- ---------------------------------------------------------------------------
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
- ---------------------------------------------------------------------------
Delinquent 30-59 Days 2 463,486.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 1 321,166.00
- ---------------------------------------------------------------------------
COLLATERAL INFORMATION
Weighted Average to Maturity 167
Weighted Average Loan Rate 6.891028%
Agg. Beginning Principal Balance of Loans 145,554,627.39
Agg. Ending Principal Balance of Loans 143,644,916.44
Agg. Schd. Principal Balance of Discount Pool 38,938,698.58
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 143,644,916.44
Adjusted Pool Amount (PO) 105,859,046.50
Class 1A-PO Deferred Amount --
Book Value of Real Estate acquired --
Pool 1 Distribution Amount 2,693,862.18
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: 07/31/99
Prior Period: 07/25/99
Distribution Date: 08/25/99
[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 97.056392%
Class 1A-WIO 0.00 0.00 0.00 0.00 Group 1 M Percentage 1.059581%
Class 1M 0.00 0.00 0.00 0.00 Group 1 B-1 Percentage 0.589025%
Class 1B-1 0.00 0.00 0.00 0.00 Group 1 B-2 Percentage 0.411875%
Class 1B-2 0.00 0.00 0.00 0.00 Group 1 B-3 Percentage 0.411875%
Class 1B-3 0.00 0.00 0.00 0.00 Group 1 B-4 Percentage 0.235831%
Class 1B-4 0.00 0.00 0.00 0.00 Group 1 B-5 Percentage 0.235421%
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: 07/31/99
Prior Period: 07/25/99
Distribution Date: 08/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 2
SCHEDULE OF REMITTANCE
Scheduled Principal 53,226.13
Prepayments 776,818.74
------------
TOTAL PRINCIPAL DISTRIBUTION 830,044.87
Interest 304,664.34
(Master Servicing Fee) 928.93
(Subservicing Fee) 11,611.65
(Trust Administration Fee) 394.80
(Trustee Fee) 232.23
------------
TOTAL NET INTEREST DISTRIBUTION 291,496.73
TOTAL AVAILABLE FUNDS 1,121,541.60
============
- ---------------------------------------------------------------------------
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
- ---------------------------------------------------------------------------
Delinquent 30-59 Days 1 401,708.00
- ---------------------------------------------------------------------------
Delinquent 60-89 Days 0 0.00
- ---------------------------------------------------------------------------
Delinquent 90+ Days 0 0.00
- ---------------------------------------------------------------------------
COLLATERAL INFORMATION
Weighted Average to Maturity 351
Weighted Average Mortgage Rate 6.559476%
Agg. Beginning Principal Balance of Loans 55,735,910.19
Agg. Ending Principal Balance of Loans 54,905,865.32
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 54,905,865.32
Book Value of Real Estate acquired --
Pool 2 Distribution Amount 1,121,541.60
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: 07/31/99
Prior Period: 07/25/99
Distribution Date: 08/25/99
[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 97.473238%
Group 2 M Percentage 0.909533%
Group 2 B-1 Percentage 0.505613%
Group 2 B-2 Percentage 0.353549%
Group 2 B-3 Percentage 0.353549%
Group 2 B-4 Percentage 0.202435%
Group 2 B-5 Percentage 0.202083%