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: December 25, 1998 Irvine, CA 92614
Distribution Date: December 28, 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 76,662,384.38 366,993.95 1,877,042.51 2,244,036.46 0.00 0.00 74,785,341.87
Class M-1 6,715,000.00 6,715,000.00 33,807.64 0.00 33,807.64 0.00 0.00 6,715,000.00
Class M-2 4,228,000.00 4,228,000.00 22,061.61 0.00 22,061.61 0.00 0.00 4,228,000.00
Class B 3,376,000.00 3,376,000.00 20,091.63 0.00 20.091.63 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 90,981,384.38 442,954.83 1,877,042.51 2,319,997.34 0.00 0.00 89,104,341.87
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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 914.585483 4.378253 22.393196 26.771450 892.192287 5.222340% 5.804380%
Class M-1 02926WAB2 1,000.000000 5.034645 0.000000 5.034645 1,000.000000 5.492340% 6.074380%
Class M-2 02926WAC0 1,000.000000 5.217978 0.000000 5.217978 1,000.000000 5.692340% 6.274380%
Class B 02926WAD8 1,000.000000 5.951312 0.000000 5.951312 1,000.000000 6.492340% 7.074380%
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: December 25, 1998 Irvine, CA 92614
Distribution Date: December 28, 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
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T3-1 83,822,000.00 77,134,687.35 459,052.56 1,775,727.94 2,234,780.50 0.00 0.00 75,358,959.41
T3-2 6,715,000.00 6,715,000.00 39,963.06 0.00 39,963.06 0.00 0.00 6,715,000.00
T3-3 4,228,000.00 4,228,000.00 25,162.15 0.00 25,162.15 0.00 0.00 4,228,000.00
T3-4 3,376,000.00 3,376,000.00 20,091.63 0.00 20,091.63 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 91,453,687.35 544,269.40 1,775,727.94 2,319,997.34 0.00 0.00 89,677,959.41
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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
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T3-1 AR98B1301 920.220078 5.476516 21.184509 26.661026 899.035568 6.492340% 7.074380%
T3-2 AR98B1302 1,000.000000 5.951312 0.000000 5.951312 1,000.000000 6.492340% 7.074380%
T3-3 AR98B1303 1,000.000000 5.951313 0.000000 5.951313 1,000.000000 6.492340% 7.074380%
T3-4 AR98B1304 1,000.000000 5.951312 0.000000 5.951312 1,000.000000 6.492340% 7.074380%
*T3-5 AR98B1305 0.000000 0.000000 0.000000 0.000000 0.000000 1.540886% 2.391840%
*T3-6 AR98B1306 0.000000 0.000000 0.000000 0.000000 0.000000 0.044983% 0.063023%
*T3-7 AR98B1307 0.000000 0.000000 0.000000 0.000000 0.000000 1.495903% 2.328817%
T3-8 AR98B1308 0.000000 0.000000 0.000000 0.000000 0.000000 6.492340% 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: December 25, 1998 Irvine, CA 92614
Distribution Date: December 28, 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
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T2-1 96,217,234.91 90,415,736.99 662,074.34 1,611,523.04 2,273,597.38 0.00 0.00 88,804,213.95
T2-2 981,808.52 916,217.15 5,452.69 18,124.40 23,577.09 0.00 0.00 898,092.75
T2-3 981,808.52 929,001.96 5,122.40 16,444.11 21,566.51 0.00 1,680.28 914,238.13
T2-4 0.00 0.00 1,256.36 0.00 1,256.36 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 92,260,956.10 673,905.79 1,646,091.55 2,319,997.34 0.00 1,680.28 90,616,544.83
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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
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T2-1 AR98B1201 0.000000 6.881037 16.748798 23.629835 922.955373 7.988243% 9.403197%
T2-2 AR98B1202 0.000000 5.553720 18.460219 24.013939 914.733099 6.492340% 7.074380%
T2-3 AR98B1203 0.000000 5.217311 16.748795 21.966106 931.177629 7.988243% 9.403197%
T2-4 AR98B1204 0.000000 0.012801 0.000000 0.012801 0.000000 1.495903% 2.328817%
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: December 25, 1998 Irvine, CA 92614
Distribution Date: December 28, 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
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T1-1 96,217,234.91 90,415,736.99 662,074.34 1,611,523.04 2,273,597.38 0.00 0.00 88,804,213.95
T1-2 981,808.52 916,217.14 6,709.05 18,124.40 24,833.45 0.00 0.00 898,092.75
T1-3 981,808.52 929,001.96 5,122.40 16,444.11 21,566.52 0.00 1,680.28 914,238.13
R-I 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals 98,180,851.95 92,260,956.10 673,905.79 1,646,091.55 2,319,997.34 0.00 1,680.28 90,616,544.83
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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
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T1-1 AR98B1101 0.000000 6.881037 16.748798 23.629835 922.955373 7.988243% 9.403197%
T1-2 AR98B1102 0.000000 6.833359 18.460214 25.293573 914.733099 7.988243% 9.403197%
T1-3 AR98B1103 0.000000 5.217311 16.748800 21.966111 931.177629 7.988243% 9.403197%
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: December 25, 1998 Irvine, CA 92614
Distribution Date: December 28, 1998 Factor Information: (800) 735-7777
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30 DAYS 31-60 DAYS 61-90 DAYS 91+ DAYS
DELINQUENT LOANS
Principal Balance 3,278,656.85 650,915.22 748,357.50 1,029,220.52
Number of Loans 30 6 5 7
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 92,260,956.10
Principal Balance of Liquidated Loans 0.00
Ending Aggregate Mortgage Loan Balance 90,616,544.83
Net Rate 7.98824%
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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: December 25, 1998 Irvine, CA 92614
Distribution Date: December 28, 1998 Factor Information: (800) 735-7777
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Servicing Fee 28,063.56
Interest Advanced 186,443.73
Principal Advanced 13,412.72
Has Trigger Event Occurred NO
Cumulative Applied Realized Loss 0.00
Current Realized Loss 0.00
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INTEREST
INTEREST CARRYOVER
SHORTFALL 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 1,593,450.13 50,961.14 232,631.24
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 1,593,450.13 50,961.14 232,631.24
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