1
Seller: American Residential Holdings, Inc. Administrator: Aracely Alanis
Servicer: Countrywide Home Loans, Inc. Bankers Trust Company
Lead Underwriter: Bear Stearns Asset Backed Securities, Inc. 3 Park Plaza
Record Date: August 24, 1998 Irvine, CA 92614
Distribution Date: August 25, 1998 Factor Information: (800) 735-7777
EXHIBIT 10.1
REMIC IV
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DISTRIBUTION IN DOLLARS
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PRIOR CURRENT
ORIGINAL PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
Class A 83,822,000.00 83,437,22.85 392,273.73 1,531,449.58 1,923,723.31 0.00 0.00 81,905,773.37
Class M-1 6,715,000.00 6,715,000.00 33,030.57 0.00 33,030.57 0.00 0.00 6,715,000.00
Class M-2 4,228,000.00 4,228,000.00 21,478.39 0.00 21,478.39 0.00 0.00 4,228,000.00
Class B 3,376,000.00 3,376,000.00 19,325.84 0.00 19,325.84 0.00 0.00 3,376,000.00
Class X 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R 1,000.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals 98,142,000.01 97,756,222.85 466,108.53 1,531,449.58 1,997,558.11 0.00 0.00 96,224,773.27
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FACTOR INFORMATION PER $1000 ORIGINAL FACE PASS-THROUGH RATES
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PRIOR CURRENT
PRINCIPAL PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL TOTAL BALANCE CURRENT NEXT
Class A 02926WAA4 995.409592 4.679842 18.270258 22.950100 997.139334 5.836250% 5.828440%
Class M-1 02926WAB2 1,000.000000 4.918923 0.000000 4.918923 1,000.000000 6.106250% 6.098440%
Class M-2 02926WAC0 1,000.000000 5.080035 0.000000 5.080035 1,000.000000 6.306250% 6.298440%
Class B 02926WAD8 1,000.000000 5.724479 0.000000 5.724479 1,000.000000 7.106250% 7.098440%
Class X AR98B1001 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000% 0.000000%
R AR98B1002 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000% 0.000000%
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2
Seller: American Residential Holdings, Inc. Administrator: Aracely Alanis
Servicer: Countrywide Home Loans, Inc. Bankers Trust Company
Lead Underwriter: Bear Stearns Asset Backed Securities, Inc. 3 Park Plaza
Record Date: August 24, 1998 Irvine, CA 92614
Distribution Date: August 25, 1998 Factor Information: (800) 735-7777
REMIC III
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DISTRIBUTION IN DOLLARS
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PRIOR CURRENT
ORIGINAL PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
T3-1 83,822,000.00 83,524,641.69 478,135.07 1,437,454.22 1,915,589.29 0.00 0.00 82,087,187.47
T3-2 6,715,000.00 6,715,000.00 38,439.88 0.00 38,439.88 0.00 0.00 6,715,000.00
T3-3 4,228,000.00 4,228,000.00 24,203.10 0.00 24,203.10 0.00 0.00 4,228,000.00
T3-4 3,376,000.00 3,376,000.00 19,325.84 0.00 19,325.84 0.00 0.00 3,376,000.00
*T3-5 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
*T3-6 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
*T3-7 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
T3-8 1,000.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals 98,142,000.01 97,843,641.69 560,103.89 1,437,454.22 1,997,558.11 0.00 0.00 96,406,187.47
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FACTOR INFORMATION PER $1000 ORIGINAL FACE PASS-THROUGH RATES
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PRIOR CURRENT
PRINCIPAL PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL TOTAL BALANCE CURRENT NEXT
T3-1 AR98B1301 996.452503 5.704172 17.148890 22.853061 979.303613 7.106250% 7.098440%
T3-2 AR98B1302 1,000.000000 5.724480 0.000000 5.724480 1,000.000000 7.106250% 7.098440%
T3-3 AR98B1303 1,000.000000 5.724480 0.000000 5.724480 1,000.000000 7.106250% 7.098440%
T3-4 AR98B1304 1,000.000000 5.724479 0.000000 5.724479 1,000.000000 7.106250% 7.098440%
*T3-5 AR98B1305 0.000000 0.000000 0.000000 0.000000 0.000000 2.009283% 1.439306%
*T3-6 AR98B1306 0.000000 0.000000 0.000000 0.000000 0.000000 0.002811% 0.017173%
*T3-7 AR98B1307 0.000000 0.000000 0.000000 0.000000 0.000000 2.006468% 1.422133%
T3-8 AR98B1308 0.000000 0.000000 0.000000 0.000000 0.000000 7.106250% 0.000000%
R-III AR98B1309 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000% 0.000000%
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*Notional Balance
3
Seller: American Residential Holdings, Inc. Administrator: Aracely Alanis
Servicer: Countrywide Home Loans, Inc. Bankers Trust Company
Lead Underwriter: Bear Stearns Asset Backed Securities, Inc. 3 Park Plaza
Record Date: August 24, 1998 Irvine, CA 92614
Distribution Date: August 25, 1998 Factor Information: (800) 735-7777
REMIC II
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DISTRIBUTION IN DOLLARS
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PRIOR CURRENT
ORIGINAL PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
T2-1 96,217,234.91 96,116,274.05 705,570.37 1,252,036.57 1,957,606.94 0.00 0.00 94,864,237.48
T2-2 981,808.52 980,389.79 5,612.22 14,729.25 20,341.47 0.00 0.00 965,660.54
T2-3 981,808.52 981,166.82 5,249.18 12,775.89 18,025.07 0.00 1,953.37 970,344.30
T2-4 0.00 0.00 1,584.63 0.00 1,584.63 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals 98,180,851.95 98,077,830.66 718,016.40 1,279,541.71 1,997,558.11 0.00 1,953.37 96,800,242.32
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FACTOR INFORMATION PER $1000 ORIGINAL FACE PASS-THROUGH RATES
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PRIOR CURRENT
PRINCIPAL PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL TOTAL BALANCE CURRENT NEXT
T2-1 AR98B1201 0.000000 7.333098 13.012602 20.345699 985.938097 9.112718% 8.520573%
T2-2 AR98B1202 0.000000 5.716206 15.002162 20.718368 983.552821 7.106250% 7.098440%
T2-3 AR98B1203 0.000000 5.346440 13.012609 18.359048 988.323365 9.112718% 8.520573%
T2-4 AR98B1204 0.000000 0.016146 0.000000 0.016146 0.000000 2.006468% 1.422133%
R-II AR98B1205 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000% 0.000000%
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4
Seller: American Residential Holdings, Inc. Administrator: Aracely Alanis
Servicer: Countrywide Home Loans, Inc. Bankers Trust Company
Lead Underwriter: Bear Stearns Asset Backed Securities, Inc. 3 Park Plaza
Record Date: August 24, 1998 Irvine, CA 92614
Distribution Date: August 25, 1998 Factor Information: (800) 735-7777
REMIC I
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DISTRIBUTION IN DOLLARS
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PRIOR CURRENT
ORIGINAL PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
T1-1 96,217,234.91 96,116,274.05 705,570.37 1,252,036.57 1,957,606.94 0.00 0.00 94,864,237.48
T1-2 981,808.52 980,389.78 7,196.85 14,729.25 21,926.10 0.00 0.00 965,660.53
T1-3 981,808.52 981,166.82 5,249.18 12,775.88 18,025.06 0.00 1,953.37 970,344.31
R-I 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals 98,180,851.95 98,077,830.66 718,016.40 1,279,541.71 1,997,558.11 0.00 1,953.37 96,800,242.32
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FACTOR INFORMATION PER $1000 ORIGINAL FACE PASS-THROUGH RATES
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PRIOR CURRENT
PRINCIPAL PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL TOTAL BALANCE CURRENT NEXT
T1-1 AR98B1101 0.000000 7.333098 13.012602 20.345699 985.938097 9.112718% 8.520573%
T1-2 AR98B1102 0.000000 7.330197 15.002167 22.332364 983.552811 9.112718% 8.520573%
T1-3 AR98B1103 0.000000 5.346440 13.012604 18.359043 988.323375 0.000000% 0.000000%
R-I AR98B1104 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000% 0.000000%
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5
Seller: American Residential Holdings, Inc. Administrator: Aracely Alanis
Servicer: Countrywide Home Loans, Inc. Bankers Trust Company
Lead Underwriter: Bear Stearns Asset Backed Securities, Inc. 3 Park Plaza
Record Date: August 24, 1998 Irvine, CA 92614
Distribution Date: August 25, 1998 Factor Information: (800) 735-7777
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30 DAYS 31-60 DAYS 61-90 DAYS 91+ DAYS
DELINQUENT LOANS
Principal Balance 0.00 0.00 0.00 0.00
Number of Loans 0 0 0 0
LOANS IN FORECLOSURE
Principal Balance 0.00 0.00 0.00 0.00
Number of Loans 0 0 0 0
REO LOAN
Principal Balance 0.00 0.00 0.00 0.00
Number of Loans 0 0 0 0
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GENERAL MORTGAGE LOAN INFORMATION
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Beginning Aggregate Mortgage Loan Balance 98,077,830.66
Principal Balance of Liquidated Loans 0.00
Ending Aggregate Mortgage Loan Balance 96,800,242.32
Net Rate 9.11272%
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Servicing Fee 40,865.76
Interest Advanced 0.00
Principal Advanced 0.00
Has Trigger Event Occurred NO
Cumulative Applied Realized Loss 0.00
Current Realized Loss 0.00
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6
Seller: American Residential Holdings, Inc. Administrator: Aracely Alanis
Servicer: Countrywide Home Loans, Inc. Bankers Trust Company
Lead Underwriter: Bear Stearns Asset Backed Securities, Inc. 3 Park Plaza
Record Date: August 24, 1998 Irvine, CA 92614
Distribution Date: August 25, 1998 Factor Information: (800) 735-7777
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INTEREST INTEREST
SHORTFALL CARRYOVER AMOUNT
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Class A 0.00 0.00
Class M-1 0.00 0.00
Class M-2 0.00 0.00
Class B 0.00 0.00
Class X 0.00 0.00
R 0.00 0.00
Total 0.00 0.00
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EXTRA
PREPAYMENT SCHEDULED PRINCIPAL
PRINCIPAL PRINCIPAL DISTRIBUTION
DISTRIBUTED DISTRIBUTED AMOUNT
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Class A 1,225,465.89 52,122.45 253,861.24
Class M-1 0.00 0.00 0.00
Class M-2 0.00 0.00 0.00
Class B 0.00 0.00 0.00
Class X 0.00 0.00 0.00
R 0.00 0.00 0.00
Total 1,225,465.89 52,122.45 253,861.24
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