1
Record Date: 08/31/99
Prior Period: 08/25/99
Distribution Date: 09/27/99
[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% 150,744,000.00 138,417,266.58 720,923.26 1,560,545.12 0.00
Factors per 4.78243419 10.35228679
Thousand
- --------------------------------------------------------------------------------------------------------------------------
PO 337403CN7 N/A 1,438,164.00 1,410,497.67 0.00 4,385.63 0.00
Factors per 0.00000000 3.04946446
Thousand
- --------------------------------------------------------------------------------------------------------------------------
1A-WIO* 337403CP2 0.35% 113,352,150.00 104,871,154.32 30,598.59 0.00 0.00
Factors per 0.26994274 0.00000000
Thousand
- --------------------------------------------------------------------------------------------------------------------------
2A 337403CQ0 6.28% 55,130,000.00 53,498,896.36 279,993.09 1,120,716.07 0.00
Factors per 5.07877907 20.32860638
Thousand
- --------------------------------------------------------------------------------------------------------------------------
A-R 337403CR8 6.25% 50.00 0.00 2,200.95 0.00 0.00
Factors per 44019.00000000 0.00000000
Thousand
- --------------------------------------------------------------------------------------------------------------------------
A-LR N/A 6.25% 50.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000
Thousand
- --------------------------------------------------------------------------------------------------------------------------
M 337403CS6 6.26% 1,914,000.00 1,880,474.29 9,806.95 6,157.10 0.00
Factors per 5.12379833 3.21687565
Thousand
- --------------------------------------------------------------------------------------------------------------------------
B-1 337403CT4 6.26% 1,064,000.00 1,045,362.93 5,451.72 3,422.75 0.00
Factors per 5.12379699 3.21687030
Thousand
- --------------------------------------------------------------------------------------------------------------------------
B-2 337403CU1 6.26% 744,000.00 730,968.07 3,812.10 2,393.35 0.00
Factors per 5.12379032 3.21686828
Thousand
- --------------------------------------------------------------------------------------------------------------------------
B-3 337403CV8 6.26% 744,000.00 730,968.07 3,812.10 2,393.35 0.00
Factors per 5.12379032 3.21686828
Thousand
- --------------------------------------------------------------------------------------------------------------------------
B-4 337403CW7 6.26% 426,000.00 418,538.16 2,182.74 1,370.39 0.00
Factors per 5.12380282 3.21687793
Thousand
- --------------------------------------------------------------------------------------------------------------------------
B-5 337403CX5 6.26% 425,259.00 417,810.14 2,178.94 1,368.00 0.00
Factors per 5.12379515 3.21686314
Thousand
- --------------------------------------------------------------------------------------------------------------------------
==========================================================================================================================
TOTALS 212,629,523.00 198,550,782.27 1,060,960.44 2,702,751.76 0.00
==========================================================================================================================
================================================================================
ENDING
TOTAL CERTIFICATE
CLASS DISTRIBUTION BALANCE
================================================================================
1A 2,281,468.38 136,856,721.46
Factors per 15.13472098 907.87508266
Thousand
- --------------------------------------------------------------------------------
PO 4,385.63 1,406,112.04
Factors per 3.04946446 977.71327888
Thousand
- --------------------------------------------------------------------------------
1A-WIO* 30,598.59 103,458,115.35
Factors per 0.26994274 912.71418628
Thousand
- --------------------------------------------------------------------------------
2A 1,400,709.16 52,378,180.29
Factors per 25.40738545 950.08489552
Thousand
- --------------------------------------------------------------------------------
A-R 2,200.95 0.00
Factors per 44019.00000000 0.00000000
Thousand
- --------------------------------------------------------------------------------
A-LR 0.00 0.00
Factors per 0.00000000 0.00000000
Thousand
- --------------------------------------------------------------------------------
M 15,964.05 1,874,317.19
Factors per 8.34067398 979.26707941
Thousand
- --------------------------------------------------------------------------------
B-1 8,874.47 1,041,940.18
Factors per 8.34066729 979.26708647
Thousand
- --------------------------------------------------------------------------------
B-2 6,205.45 728,574.72
Factors per 8.34065860 979.26709677
Thousand
- --------------------------------------------------------------------------------
B-3 6,205.45 728,574.72
Factors per 8.34065860 979.26709677
Thousand
- --------------------------------------------------------------------------------
B-4 3,553.13 417,167.77
Factors per 8.34068075 979.26706573
Thousand
- --------------------------------------------------------------------------------
B-5 3,546.94 416,442.14
Factors per 8.34065828 979.26708194
Thousand
- --------------------------------------------------------------------------------
================================================================================
TOTALS 3,763,712.20 195,848,030.51
================================================================================
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: 08/31/99
Prior Period: 08/25/99
Distribution Date: 09/27/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 1
SCHEDULE OF REMITTANCE
Scheduled Principal 533,756.43
Prepayments 1,046,927.11
-------------------------------------
TOTAL PRINCIPAL DISTRIBUTION 1,580,683.54
Interest 824,694.45
(Master Servicing Fee) 2,394.08
(Subservicing Fee) 47,080.51
(Trust Administration Fee) 1,017.48
(Trustee Fee) 598.52
-------------------------------------
TOTAL INTEREST DISTRIBUTION 773,603.85
TOTAL AVAILABLE FUNDS 2,354,287.39
=====================================
- -------------------------------------------------------------------------------
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
- -------------------------------------------------------------------------------
Delinquent 30-59 Days 1 219,482.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00
- -------------------------------------------------------------------------------
COLLATERAL INFORMATION
Weighted Average to Maturity 166
Weighted Average Loan Rate 6.889443%
Agg. Beginning Principal Balance of Loans 143,644,916.44
Agg. Ending Principal Balance of Loans 142,064,232.90
Agg. Schd. Principal Balance of Discount Pool 1 Loans 38,773,762.12
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 142,064,232.90
Adjusted Pool Amount (PO) 104,441,621.90
Class 1A-PO Deferred Amount -
Book Value of Real Estate acquired -
Pool 1 Distribution Amount 2,354,287.39
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: 08/31/99
Prior Period: 08/25/99
Distribution Date: 09/27/99
[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 97.028006%
Class 1A-WIO 0.00 0.00 0.00 0.00 Group 1 M Percentage 1.069799%
Class 1M 0.00 0.00 0.00 0.00 Group 1 B-1 Percentage 0.594705%
Class 1B-1 0.00 0.00 0.00 0.00 Group 1 B-2 Percentage 0.415846%
Class 1B-2 0.00 0.00 0.00 0.00 Group 1 B-3 Percentage 0.415846%
Class 1B-3 0.00 0.00 0.00 0.00 Group 1 B-4 Percentage 0.238106%
Class 1B-4 0.00 0.00 0.00 0.00 Group 1 B-5 Percentage 0.237691%
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: 08/31/99
Prior Period: 08/25/99
Distribution Date: 09/27/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 2
SCHEDULE OF REMITTANCE
Scheduled Principal 52,767.35
Prepayments 1,069,300.89
-------------------------------------
TOTAL PRINCIPAL DISTRIBUTION 1,122,068.24
Interest 300,327.10
(Master Servicing Fee) 915.10
(Subservicing Fee) 11,438.72
(Trust Administration Fee) 388.92
(Trustee Fee) 228.77
-------------------------------------
TOTAL NET INTEREST DISTRIBUTION 287,355.59
TOTAL AVAILABLE FUNDS 1,409,423.83
=====================================
=======================================================================================================================
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
=======================================================================================================================
Delinquent 20-59 Days 0 0.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00
=======================================================================================================================
COLLATERAL INFORMATION
Weighted Average to Maturity 350
Weighted Average Mortgage Rate 6.563848%
Agg. Beginning Principal Balance of Loans 54,905,865.32
Agg. Ending Principal Balance of Loans 53,783,797.08
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 53,783,797.08
Book Value of Real Estate acquired -
Pool 2 Distribution Amount 1,409,423.83
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: 08/31/99
Prior Period: 08/25/99
Distribution Date: 09/27/99
[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 97.437489%
Group 2 M Percentage 0.922401%
Group 2 B-1 Percentage 0.512766%
Group 2 B-2 Percentage 0.358551%
Group 2 B-3 Percentage 0.358551%
Group 2 B-4 Percentage 0.205299%
Group 2 B-5 Percentage 0.204942%
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