EXHIBIT 99.8


                       Report of Management on Compliance

We, as members of management of The First National Bank of Atlanta (the
"Company"), a wholly-owned subsidiary of Wachovia Corporation, are responsible
for complying with the requirements of Sections 3.2, 3.4, 4.2 and 4.3 of the
Pooling and Servicing Agreement between the Company and The Bank of New York
dated as of October 26, 1995 ("the Agreement") and Section 7, Article IV of the
Series 1995-1, Series 1999-1, and Series 1999-2 Supplements to the Pooling and
Servicing Agreement dated October 26, 1995, March 24, 1999, and September 21,
1999, respectively (the "Supplements"). We also are responsible for establishing
and maintaining effective internal control over compliance with the Agreement
and Supplement. We have performed an evaluation of the Company's compliance with
the requirements of the Agreement and Supplement during the period November 1,
1998 through October 31, 1999. Based on this evaluation, we assert that during
the period November 1, 1998 through October 31, 1999 the Company complied with
the requirements of the Agreement and Supplements.



November 19, 1999


                                         Charles Hegarty
                                         -----------------
                                         Charles Hegarty
                                         President
                                         The First National Bank of Atlanta


                                         Michael L. Scheuerman
                                         ----------------------
                                         Michael L. Scheuerman
                                         Senior Vice President
                                         The First National Bank of Atlanta





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