1
Record Date: 09/30/99
Prior Period: 09/25/99
Distribution Date: 10/25/99
[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% 150,744,000.00 136,856,721.46 712,795.42 1,706,708.60 0.00
Factors per 4.72851603 11.32190071
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
PO 337403CN7 N/A 1,438,164.00 1,406,112.04 0.00 6,223.66 0.00
Factors per 0.00000000 4.32750368
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
A-WIO* 337403CP2 0.35% 113,352,150.00 103,458,115.35 30,170.51 0.00 0.00
Factors per 0.26616619 0.00000000
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
2A 337403CQ0 6.28% 55,130,000.00 52,378,180.29 273,955.77 386,264.23 0.00
Factors per 4.96926846 7.00642536
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
A-R 337403CR8 6.25% 50.00 0.00 2,201.16 0.00 0.00
Factors per 44023.20000000 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 1,874,317.19 9,773.20 6,242.32 0.00
Factors per 5.10616510 3.26140021
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
B-1 337403CT4 6.26% 1,064,000.00 1,041,940.18 5,432.96 3,470.13 0.00
Factors per 5.10616541 3.26140038
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
B-2 337403CU1 6.26% 744,000.00 728,574.72 3,798.99 2,426.48 0.00
Factors per 5.10616935 3.26139785
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
B-3 337403CV8 6.26% 744,000.00 728,574.72 3,798.99 2,426.48 0.00
Factors per 5.10616935 3.26139785
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
B-4 337403CW7 6.26% 426,000.00 417,167.77 2,175.23 1,389.36 0.00
Factors per 5.10617371 3.26140845
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
B-5 337403CX5 6.26% 425,259.00 416,442.14 2,171.44 1,386.94 0.00
Factors per 5.10615883 3.26140070
Thousand
- ----------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------
Totals 212,629,523.00 195,848,030.51 1,046,273.67 2,116,538.20 0.00
==================================================================================================================================
ENDING
TOTAL CERTIFICATE
CLASS DISTRIBUTION BALANCE
- ----------------------------------------------------
1A 2,419,504.02 135,150,012.86
Factors per 16.05041673 896.55318195
Thousand
- ----------------------------------------------------
PO 6,223.66 1,399,888.38
Factors per 4.32750368 973.38577520
Thousand
- ----------------------------------------------------
A-WIO* 30,170.51 102,292,470.72
Factors per 0.26616619 902.43079395
Thousand
- ----------------------------------------------------
2A 660,220.00 51,991,916.06
Factors per 11.97569381 943.07847016
Thousand
- ----------------------------------------------------
A-R 2,201.16 0.00
Factors per 44023.20000000 0.00000000
Thousand
- ----------------------------------------------------
A-LR 0.00 0.00
Factors per 0.00000000 0.00000000
Thousand
- ----------------------------------------------------
M 16,015.52 1,868,074.87
Factors per 8.36756531 976.00567921
Thousand
- ----------------------------------------------------
B-1 8,903.09 1,038,470.05
Factors per 8.36756579 976.00568609
Thousand
- ----------------------------------------------------
B-2 6,225.47 726,148.24
Factors per 8.36756720 976.00569892
Thousand
- ----------------------------------------------------
B-3 6,225.47 726,148.24
Factors per 8.36756720 976.00569892
Thousand
- ----------------------------------------------------
B-4 3,564.59 415,778.41
Factors per 8.36758216 976.00565728
Thousand
- ----------------------------------------------------
B-5 3,558.38 415,055.20
Factors per 8.36755953 976.00568124
Thousand
- ----------------------------------------------------
----------------------------------------
Totals 3,162,811.87 193,731,492.31
====================================================
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: 09/30/99
Period: 09/25/99
Distribution Date: 10/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A PRIOR
STATEMENT TO CERTIFICATEHOLDER
POOL 1
SCHEDULE OF REMITTANCE
Scheduled Principal 537,471.85
Prepayments 1,191,440.56
------------
TOTAL PRINCIPAL DISTRIBUTION 1,728,912.41
Interest 815,605.90
(Master Servicing Fee) 2,367.74
(Subservicing Fee) 46,673.84
(Trust Administration Fee) 1,006.29
(Trustee Fee) 591.93
------------
TOTAL INTEREST DISTRIBUTION 764,966.10
TOTAL AVAILABLE FUNDS 2,493,878.51
============
- -----------------------------------------------------------------------------------
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
- -----------------------------------------------------------------------------------
Delinquent 30-59 Days 2 624,739.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00
- -----------------------------------------------------------------------------------
COLLATERAL INFORMATION
Weighted Average to Maturity 165
Weighted Average Loan Rate 6.889327%
Agg. Beginning Principal Balance of Loans 142,064,232.90
Agg. Ending Principal Balance of Loans 140,335,320.49
Agg. Schd. Principal Balance of Discount Pool 38,606,117.55
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 140,335,320.49
Adjusted Pool Amount (PO) 103,269,753.61
Class 1A-PO Deferred Amount --
Book Value of Real Estate acquired --
Pool 1 Distribution Amount 2,493,878.51
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 Fax: 704-383-6039
3
Record Date: 09/30/99
Prior Period: 09/25/99
Distribution Date: 10/25/99
[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 97.005966%
Class 1A-WIO 0.00 0.00 0.00 0.00 Group 1 M Percentage 1.077732%
Class 1M 0.00 0.00 0.00 0.00 Group 1 B-1 Percentage 0.599115%
Class 1B-1 0.00 0.00 0.00 0.00 Group 1 B-2 Percentage 0.418930%
Class 1B-2 0.00 0.00 0.00 0.00 Group 1 B-3 Percentage 0.418930%
Class 1B-3 0.00 0.00 0.00 0.00 Group 1 B-4 Percentage 0.239871%
Class 1B-4 0.00 0.00 0.00 0.00 Group 1 B-5 Percentage 0.239454%
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: 09/30/99
Prior Period: 09/25/99
Distribution Date: 10/25/99
[FIRST UNION LOGO]
FIRST UNION RESIDENTIAL SECURITIZATIONS TRANSACTIONS
SERIES 1999-A
STATEMENT TO CERTIFICATEHOLDER
POOL 2
SCHEDULE OF REMITTANCE
Scheduled Principal 52,097.44
Prepayments 335,528.33
----------
TOTAL PRINCIPAL DISTRIBUTION 387,625.77
Interest 294,014.00
(Master Servicing Fee) 896.40
(Subservicing Fee) 11,204.96
(Trust Administration Fee) 380.97
(Trustee Fee) 224.10
----------
TOTAL NET INTEREST DISTRIBUTION 281,307.58
TOTAL AVAILABLE FUNDS 668,933.35
==========
DELINQUENCY NUMBER
INFORMATION OF LOANS PRINCIPAL BALANCE
- ------------------------------------------------------------------------------
Delinquent 30-59 Days 2 475,125.00
Delinquent 60-89 Days 0 0.00
Delinquent 90+ Days 0 0.00
- ------------------------------------------------------------------------------
COLLATERAL INFORMATION
Weighted Average to Maturity 349
Weighted Average Mortgage Rate 6.559910%
Agg. Beginning Principal Balance of Loans 53,783,797.08
Agg. Ending Principal Balance of Loans 53,396,171.31
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 53,396,171.31
Book Value of Real Estate acquired --
Pool 2 Distribution Amount 668,933.35
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: 09/30/99
PRIOR PERIOD: 09/25/99
DISTRIBUTION DATE: 10/25/99
[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 97.386542%
Group 2 M Percentage 0.940740%
Group 2 B-1 Percentage 0.522961%
Group 2 B-2 Percentage 0.365679%
Group 2 B-3 Percentage 0.365679%
Group 2 B-4 Percentage 0.209381%
Group 2 B-5 Percentage 0.209017%
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