EXHIBIT 99
FIRST ALLIANCE
Mortgage Loan Trust
Series 1995-2
Statement To Certificateholders
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DISTRIBUTIONS IN DOLLARS
PRIOR CURRENT
ORIGINAL PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
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A-1 48,108,000.00 36,966,355.64 193,303.23 2,292,781.65 2,486,084.88 0.00 0.00 34,673,573.99
A-2 24,896,000.00 24,896,000.00 136,928.00 0.00 136,928.00 0.00 0.00 24,896,000.00
A-3 10,430,000.00 10,430,000.00 62,797.29 0.00 62,797.29 0.00 0.00 10,430,000.00
A-4 16,721,000.00 13,762,176.57 72,052.64 1,061,827.83 1,133,880.47 0.00 0.00 12,700,348.74
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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TOTALS 100,155,000.00 86,054,532.21 465,081.17 3,354,609.48 3,819,690.64 0.00 0.00 82,699,922.73
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FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH
RATES
PRIOR CURRENT
PRINCIPAL PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL TOTAL BALANCE CURRENT NEXT
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A-1 31846LAU0 768.403501 4.018110 47.659051 51.677161 720.744450 6.275000% 6.275000%
A-2 31846LAV8 1,000.000000 5.500000 0.000000 5.500000 1,000.000000 6.600000% 6.600000%
A-3 31846LAW6 1,000.000000 6.020833 0.000000 6.020833 1,000.000000 7.225000% 7.225000%
A-4 31846LAX4 823.047459 4.309111 63.502651 67.811762 759.544808 5.890000% 5.890000%
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000% 0.000000%
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SELLER: First Alliance Mortgage Company ADMINISTRATOR: Jason Rosiak
SERVICER: First Alliance Mortgage Company Bankers Trust Company
LEAD UNDERWRITER: Prudential Securities Incorporated 3 Park Plaza
RECORD DATE: June 28, 1996 Irvine, CA 92714
DISTRIBUTION DATE: July 22, 1996 FACTOR INFORMATION: (800) 735-7777
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(C)COPYRIGHT 1996 Bankers Trust Company
Page 1 of 4
FIRST ALLIANCE
Mortgage Loan Trust
Series 1995-2
Statement To Certificateholders
Distribution Date: July 22, 1996
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DELINQUENCY ADVANCES MADE: 72,245.59
ACCRUED SERVICING FEE FOR THE CURRENT PERIOD: 72,747.11
PLUS: ADDITIONAL SERVICING FEES: 0.00
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72,747.11
LESS: PERMITTED REDUCTIONS TO SERVICING FEES: (2,816.42)
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69,930.69
LESS: UNCOLLECTED SERVICING FEES ACCRUED ON DELINQUENT LOANS: (6,661.41)
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ACTUAL COLLECTED SERVICING FEES FOR CURRENT PERIOD: 63,269.28
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DELINQUENT* AND LOANS LOANS
FORECLOSURE LOAN 31-60 61-90 91+ IN IN
INFORMATION DAYS DAYS DAYS TOTAL REO FORECLOSURE
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GROUP 1 PRINCIPAL BALANCE 1,025,405.31 455,564.32 881,066.46 2,362,036.09 68,950.16 1,888,384.94
PERCENTAGE OF POOL BALANCE 1.4393% 0.6394% 1.2367% 3.3154% 0.0968% 2.6505%
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NUMBER OF LOANS 13 8 10 31 1 26
PERCENTAGE OF LOANS 1.2683% 0.7805% 0.9756% 3.0244% 0.0976% 2.5366%
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GROUP 2 PRINCIPAL BALANCE 323,136.41 345,903.34 296,501.53 965,541.28 0.00 864,800.52
PERCENTAGE OF POOL BALANCE 2.5081% 2.6848% 2.3014% 7.4944% 0.0000% 6.7124%
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NUMBER OF LOANS 4 3 3 10 0 9
PERCENTAGE OF LOANS 2.6316% 1.9737% 1.9737% 6.5789% 0.0000% 5.9211%
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*Note: Loans in foreclosure are included in the respective delinquency
categories.
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BOOK VALUE OF REO PROPERTY: GROUP 1 76,670.82
GROUP 2 0.00
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SUBSTITUTION PRINCIPAL AMOUNT: GROUP 1 0.00
GROUP 2 0.00
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SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS GROUP 1 73,376,329.66
AS OF THE PRIOR DISTRIBUTION DATE: GROUP 2 13,920,201.32
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SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS GROUP 1 71,245,074.25
AS OF THE CURRENT DISTRIBUTION DATE: GROUP 2 12,883,530.18
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CARRY-FORWARD AMOUNT: GROUP 1 0.00
GROUP 2 0.00
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PROJECTED NET MONTHLY EXCESS CASH FLOW: GROUP 1 167,932.15
GROUP 2 27,484.27
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(C)COPYRIGHT 1996 Bankers Trust Company
Page 2 of 4
FIRST ALLIANCE
MORTGAGE LOAN TRUST
SERIES 1995-2
STATEMENT TO CERTIFICATEHOLDERS
Distribution Date: July 22, 1996
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NUMBER OF LOANS AS OF THE BEGINNING OF THE REMITTANCE PERIOD: GROUP 1 1,059
GROUP 2 161
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NUMBER OF LOANS AS OF THE END OF THE REMITTANCE PERIOD: GROUP 1 1,025
GROUP 2 152
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WEIGHTED AVERAGE COUPON AS OF THE CURRENT DISTRIBUTION DATE: GROUP 1 10.236999%
GROUP 2 9.548290%
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WEIGHTED AVERAGE COUPON AS OF THE NEXT DISTRIBUTION DATE: GROUP 1 10.218717%
GROUP 2 9.832271%
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CURTAILMENTS INCLUDED IN CURRENT DISTRIBUTION: GROUP 1 16,556.77
GROUP 2 1,876.80
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PREPAYMENTS IN FULL/UNSCHEDULED RECOVERIES OF PRINCIPAL GROUP 1 2,047,014.90
INCLUDED IN CURRENT DISTRIBUTION: GROUP 2 1,025,163.06
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AMOUNT OF EXCESS SPREAD SUPPORT TO THIS GROUP: GROUP 1 0.00
(FROM OTHER GROUP) GROUP 2 0.00
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TRUST TERMINATION PROCEEDS: GROUP 1 0.00
GROUP 2 0.00
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INSURED PAYMENTS: GROUP 1 0.00
GROUP 2 0.00
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CERTIFICATE INSURER PREMIUM PAYMENT: GROUP 1 9,036.54
GROUP 2 1,720.27
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TOTAL: 10,756.82
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(C)COPYRIGHT 1996 Bankers Trust Company
Page 3 of 4
FIRST ALLIANCE
MORTGAGE LOAN TRUST
SERIES 1995-2
STATEMENT TO CERTIFICATEHOLDERS
Distribution Date: July 22, 1996
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SUBORDINATION TRACKING:
PRIOR SUBORDINATION SUBORDINATION REALIZED CURRENT SPECIFIED
SUBORDINATED INCREASE REDUCTION LOSSES SUBORDINATED SUBORDINATED
AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT
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GROUP 1 1,083,974.02 161,526.24 0.00 0.00 1,245,500.26 1,626,976.82
GROUP 2 158,024.75 25,156.69 0.00 0.00 183,181.44 492,884.73
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TOTAL 1,241,998.77 186,682.93 0.00 0.00 1,428,681.70 2,119,861.55
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INTEREST ALLOCATION TRACKING:
GROUP I GROUP II TOTAL
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Mortgage Loan Scheduled Interest 625,961.19 110,761.77 736,722.96
LESS: Accrued Servicing Fees (61,146.94) (11,600.17) (72,747.11)
LESS: Insurance Premium Due Certificate Insurer (9,036.54) (1,720.27) (10,756.82)
LESS: Trustee Fee (1,222.94) (232.00) (1,454.94)
LESS: Current Accrued Interest Due Certificateholders (393,028.53) (72,052.64) (465,081.17)
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Monthly Excess Spread Amounts 161,526.24 25,156.68 186,682.92
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REALIZED LOSS TRACKING:
GROUP I GROUP II
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RECOVERED RECOVERED RECOVERED RECOVERED
REALIZED DELINQUENCY SERVICING REALIZED DELINQUENCY SERVICING
LOSSES ADVANCES ADVANCES TOTAL LOSSES ADVANCES ADVANCES TOTAL
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Prior: 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current: 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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Cumulative: 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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SPECIAL LOAN TRACKING:
BANKRUPTCY PROCEEDINGS
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NUMBER PRINCIPAL
OF LOANS BALANCE
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GROUP I GROUP II GROUP I GROUP II
Current: 1 0 65,917.84 0.00
Delinquent: 1 0 96,060.94 0.00
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TOTAL: 2 0 161,978.78 0.00
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(C)COPYRIGHT 1996 Bankers Trust Company
Page 4 of 4
FIRST ALLIANCE
Mortgage Loan Trust
Series 1995-2
Statement To Certificateholders
Distribution Date: July 22, 1996
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THE SUM OF: GROUP 1 GROUP 2 TOTAL
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INTEREST COLLECTED: 625,824.56 111,476.44 737,301.00
INTEREST ADVANCED
(To cover interest on curtailments & incorrect note rates) 136.63 (714.67) (578.04)
LIQUIDATION INTEREST: 0.00 0.00 0.00
INSURANCE INTEREST: 0.00 0.00 0.00
REPURCHASE INTEREST: 0.00 0.00 0.00
LESS: DELINQUENT INTEREST: (58,786.41) (14,516.93) (73,303.34)
PLUS: DELINQUENCY ADVANCES ON MORTGAGE INTEREST: 53,468.91 13,173.02 66,641.93
PRINCIPAL COLLECTED: 2,131,255.41 1,036,671.14 3,167,926.55
INSURANCE PRINCIPAL PROCEEDS RECEIVED: 0.00 0.00 0.00
NET LIQUIDATION PROCEEDS: 0.00 0.00 0.00
LOAN PURCHASE PRICE AMOUNTS (Per P&S, Section 7.8 (vii)): 0.00 0.00 0.00
SUBSTITUTION AMOUNTS (Per P&S, Section 7.8 (vii)): 0.00 0.00 0.00
TRUST TERMINATION PROCEEDS: 0.00 0.00 0.00
PRE-FUNDING ACCOUNT TERMINATION RELEASE: 0.00 0.00 0.00
INVESTMENT EARNINGS ON CERTIFICATE ACCOUNT: 0.00 0.00 0.00
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2,751,899.10 1,146,089.00 3,897,988.10
LESS:
SERVICING FEES (INCLUDING PPIS): 55,829.44 7,439.84 63,269.28
TRUSTEE FEES: 1,222.94 232.00 1,454.94
INSURANCE PREMIUMS: 9,036.54 1,720.27 10,756.82
REIMBURSEMENT OF DELINQUENCY ADVANCES: 0.00 0.00 0.00
REIMBURSEMENTS OF SERVICING ADVANCES: 0.00 0.00 0.00
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66,088.92 9,392.12 75,481.04
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AVAILABLE FUNDS: 2,685,810.18 1,136,696.88 3,822,507.06
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(C) COPYRIGHT 1996 Bankers Trust Company
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