Exhibit 99.3
Bankers Trust Company
AMRESCO Residential Securities Corp.
Series 1996-1
1996 - Annual Statement
DISTRIBUTION DOLLARS
ENDING
PERIOD CLASS CUST INTEREST PRINCIPAL BALANCE
199602 A-1 03215PAA7 $317,678.23 $1,796,292.13 $60,442,707.87
199603 A-1 03215PAA7 $308,509.65 $2,578,783.02 $57,863,924.85
199604 A-1 03215PAA7 $295,347.12 $2,607,839.53 $55,256,085.32
199605 A-1 03215PAA7 $282,036.27 $2,295,626.51 $52,960,458.82
199606 A-1 03215PAA7 $270,319.01 $4,172,890.74 $48,787,568.08
199607 A-1 03215PAA7 $249,019.88 $3,194,900.16 $45,592,667.92
199608 A-1 03215PAA7 $232,712.58 $3,347,880.53 $42,244,787.39
199609 A-1 03215PAA7 $215,624.44 $2,772,200.68 $39,472,586.71
199610 A-1 03215PAA7 $201,474.66 $3,150,263.49 $36,322,323.22
199611 A-1 03215PAA7 $185,395.19 $2,046,609.18 $34,275,714.04
199612 A-1 03215PAA7 $174,948.96 $3,386,691.79 $30,889,022.25
Total by Class $2,733,065.99 $31,349,977.75
199602 A-2 03215PAB5 $246,457.99 $0.00 $48,683,000.000
199603 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199604 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199605 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199606 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199607 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199608 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199609 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199610 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199611 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
199612 A-2 03215PAB5 $246,457.69 $0.00 $48,683,000.00
Total by Class $2,711,034.59 $0.00
199602 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199603 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199604 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199605 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199606 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199607 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199608 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199609 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199610 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199611 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
199612 A-3 03215PAC3 $107,741.90 $0.00 $20,123,000.00
Total by Class $1,185,160.90 $0.00
199602 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199603 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199604 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199605 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199606 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199607 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199608 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199609 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199610 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199611 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
199612 A-4 03215PAD1 $136,013.77 $0.00 $24,091,000.00
Total by Class $1,496,151.47 $0.00
199602 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199603 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199604 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199605 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199606 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199607 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199608 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199609 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199610 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199611 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
199612 A-5 03215PAE9 $112,894.00 $0.00 $19,216,000.00
Total by Class $1,241,834.00 $0.00
.00
199602 A-6 03215PAF6 $514,701.32 $1,264,411.29 $99,327,588.71
199603 A-6 03215PAF6 $439,722.90 $1,914,078.78 $97,413,509.93
199604 A-6 03215PAF6 $485,044.97 $2,731,272.12 $94,682,237.81
199605 A-6 03215PAF6 $504,912.76 $2,292,743.99 $92,389,493.82
199606 A-6 03215PAF6 $417,755.83 $4,439,695.07 $87,949,798.75
199607 A-6 03215PAF6 $428,377.08 $2,652,381.60 $85,297,417.15
199608 A-6 03215PAF6 $441,082.42 $3,208,783.71 $82,088,633.44
199609 A-6 03215PAF6 $395,821.13 $3,203,870.09 $78,884,763.35
199610 A-6 03215PAF6 $386,535.34 $3,764,682.07 $75,120,081.28
199611 A-6 03215PAF6 $372,272.17 $5,181,980.75 $69,938,100.53
199612 A-6 03215PAF6 $346,591.86 $4,094,992.46 $65,843,108.07
Total by Class $4,732,867.78 $34,748,891.93 $65,843,108.07
199610 B-10 AO9610102 $707,862.11 $0.00 $0.00
199611 B-10 AO9610102 $817,628.94 $0.00 $0.00
199612 B-10 AO9610102 $659,212.34 $0.00 $0.00
Total by Class $2,184,703.39 $0.00 $0.00
199610 R AO9610101 $109,520.82 $0.00 $0.00
199611 R AO9610101 $0.00 $0.00 $0.00
199612 R AO9610101 $0.00 $0.00 $0.00
Total by Class $109,520.82 $0.00