Exhibit 10.2 SUBSEQUENT TRANSFER AGREEMENT First Alliance Mortgage Company in its capacities as seller (the "Seller") and as servicer (the "Servicer") and First Alliance Mortgage Loan Trust 1998-2, as the "Purchaser", pursuant to the Sale and Servicing Agreement dated as of June 1, 1998, (the "Sale and Servicing Agreement") among the Seller, the Servicer, the Purchaser and The Chase Manhattan Bank, a New York banking corporation, in its capacity as Indenture Trustee (the "Indenture Trustee"), hereby confirm their understanding with respect to the sale by the Seller and the purchase by the Purchaser of those Mortgage Loans (the "Subsequent Mortgage Loans") listed on the attached Schedules of Mortgage Loans. Conveyance of Subsequent Mortgage Loans. As of June 30, 1998 (the "Subsequent Transfer Date"), the Seller does hereby irrevocably transfer, assign, set over and otherwise convey to the Purchaser, without recourse (except as otherwise explicitly provided for herein) all of its right, title and interest in and to any and all benefits accruing from the Subsequent Mortgage Loans which are delivered to The Bank of New York, as custodian, on behalf of the Indenture Trustee herewith (and all substitutions therefor as provided by Sections 2.3, 2.4 and 2.6 of the Sale and Servicing Agreement), together with the related Subsequent Mortgage Loan documents and the interest in any Property which secured a Subsequent Mortgage Loan but which has been acquired by foreclosure or deed in lieu of foreclosure, and all payments thereon and proceeds of the conversion, voluntary or involuntary, of the foregoing; and proceeds of all the foregoing (including, but not by way of limitation, all proceeds of any mortgage insurance, hazard insurance and title insurance policy relating to the Subsequent Mortgage Loans, cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, chattel paper, checks, deposit accounts, rights to payment of any and every kind, and other forms of obligations and receivables which at any time constitute all or part of or are included in the proceeds of any of the foregoing). The Seller shall deliver the original Mortgage or mortgage assignment with evidence of recording thereon (except as otherwise provided by the Sale and Servicing Agreement) and other required documentation in accordance with the terms set forth in Sections 2.5 and 2.8 of the Sale and Servicing Agreement. The costs relating to the delivery of the documents specified in this Subsequent Transfer Agreement and the Sale and Servicing Agreement shall be borne by the Seller. The Seller hereby affirms the representations and warranties set forth in the Sale and Servicing Agreement that relate to the Seller and the Subsequent Mortgage Loans as of the date hereof. The Seller hereby delivers notice and confirms that each of the conditions set forth in Section 2.8(b), 2.8(c) and 2.8(d) to the Sale and Servicing Agreement are satisfied as of the date hereof. Pursuant to Section 2.8(a) of the Sale and Servicing Agreement, the Seller instructs the Indenture Trustee to release one-hundred percent of the aggregate principal balances of the Subsequent Mortgage Loans so transferred from the Pre-Funding Account, $17,380,072.68 pursuant to this Subsequent Transfer Agreement and to include $3,418,150.07 of the Subsequent Mortgage Loans listed in Exhibit A hereto in the Adjustable Rate Pool and $13,961,922.61 of the Subsequent Mortgage Loans listed in Exhibit B hereto in the Fixed Rate Pool. All terms and conditions of the Sale and Servicing Agreement are hereby ratified, confirmed and incorporated herein, provided that in the event of any conflict the provisions of this Subsequent Transfer Agreement shall control over the conflicting provisions of the Sale and Servicing Agreement. Terms capitalized herein and not defined herein shall have their respective meanings as set forth in the Sale and Servicing Agreement. FIRST ALLIANCE MORTGAGE THE CHASE MANHATTAN BANK, COMPANY, as Seller as Indenture Trustee for First Alliance Mortgage Loan Trust 1998-2 By: /s/ Brian Chisick By: /s/ Diane E. Wallace --------------------------------- --------------------- Name: Brian Chisick Name: Diane E. Wallace Title: President/Chief Executive Officer Title: Trust Officer FIRST ALLIANCE MORTGAGE Dated: June 30, 1998 COMPANY, as Servicer By: /s/ Brian Chisick --------------------------------- Name: Brian Chisick Title: President/Chief Executive Officer Exhibit A Loan Schedule - 1998-2A (ADJUSTABLE) Loan Lien Cut-Off Current Current Number Property Address City ST Zip Pos Balance Rate Pmt - - ------------------------------------------------------------------------------------------------------------------------------------ 106256 2431 34TH AVE SAN FRANCISCO CA 94116 1 188,811.00 10.000 1,656.95 106257 8803 HUMMINGBIRD AV FOUNTAIN VALLEY CA 92708 1 213,824.00 8.990 1,718.94 405792 1420 CAMPBELL STREET OAKLAND CA 94607 1 27,078.00 10.500 247.69 605004 72 RUSSELL DRIVE ANTIOCH CA 94509 1 39,995.00 9.690 341.86 1602885 1115 OAKHILL PLACE NW ISSAQUAH WA 98027 1 153,426.00 9.500 1,290.09 1803730 210 S. PROSPECT AVENUE CLARENDON HILLS IL 60514 1 165,847.00 9.490 1,393.32 1803738 8728 S. MARQUETTE CHICAGO IL 60617 1 55,190.00 8.990 559.45 2201911 494 E. STATE ST. SOUTH ELGIN IL 60177 1 80,490.00 9.850 697.45 2700583 5354 S. 2000 W. ROY UT 84067 1 106,979.00 9.240 879.31 2700584 198 E. 6715 S. MIDVALE UT 84047 1 71,747.00 7.740 513.51 3201110 13 PARK AVE PORT WASHINGTON NY 11050 1 184,541.00 11.240 1,790.97 3400591 88 PERGOLA AVE JAMESBURG (MONROE TWP) NJ 08831 1 111,200.00 10.650 1,029.68 3400605 64 DORSET DRIVE CLARK NJ 07066 1 118,570.00 9.490 996.14 3500356 177 WHITE BIRCH ST. LEICESTER MA 01524 1 126,690.00 8.850 1,005.73 3500394 6 BENTLEY LANE CHELMSFORD MA 01824 1 88,940.00 9.240 731.04 3500398 9 ABBOTT STREET NEWTON MA 02164 1 65,291.00 8.240 490.05 3500401 23 PICKMAN STREET SALEM MA 01970 1 76,990.00 9.850 667.12 8303014 7227 NW EVERS ROAD FOREST GROVE OR 97116 1 136,586.24 7.500 1,270.01 8303125 3845 SE 42ND AVE. PORTLAND OR 97206 1 63,954.83 7.750 458.50 8303179 5726 SE MALDEN STREET PORTLAND OR 97206 1 84,000.00 7.990 615.78 8303198 566 N. 2ND STREET SAN JOSE CA 95112 1 51,000.00 7.990 487.09 8303199 38304 NORTH SHORE AVE. WAUKEGAN IL 60087 1 82,000.00 7.750 771.85 8303244 166 W. AVENIDA DE LAS FLORES THOUSAND OAKS CA 91360 1 225,000.00 8.500 1,730.06 8410461 1084 NORTH SAN MARCOS ROAD SANTA BARBARA CA 93111 1 187,200.00 7.030 1,249.22 8410469 493 OLD FARM CIRCLE CENTERVILLE UT 84014 1 130,000.00 7.530 911.65 8410471 658 WEST 650 NORTH CLEARFIELD UT 84015 1 53,000.00 7.250 361.55 8410474 1941 NORTH 1400 WEST LAYTON UT 84041 1 80,000.00 8.530 616.83 8410479 5333 GARWOOD DRIVE SAN JOSE CA 95118 1 217,000.00 7.530 1,521.76 8410481 1231 BROOKSIDE ROAD PISCATAWAY NJ 08854 1 83,000.00 7.750 781.26 8410486 1507 WEST FERN AVENUE REDLANDS CA 92373 1 70,800.00 7.030 472.46 8410489 611 OBISPO AVENUE LONG BEACH CA 90814 1 79,000.00 7.780 567.60 - - ------------------------------------------------------------------------------------------------------------------------------------ TOTAL VARIABLE RATE LOANS: 31 3,418,150.07 Loan Mat Pmt Prop Occup Appraised Orig Number Date Type Type Type Value Type - - ----------------------------------------------------------------------- 106256 8/1/28 A S I 319,000 F 106257 8/1/28 A S P 289,000 F 405792 8/1/28 A S P 68,000 F 605004 8/1/28 A S P 73,000 F 1602885 8/1/28 A S P 221,000 F 1803730 8/1/28 A S P 237,000 F 1803738 8/1/13 A F P 92,000 F 2201911 8/1/28 A S P 110,000 F 2700583 8/1/28 A F I 170,000 F 2700584 8/1/28 A S P 140,000 F 3201110 8/1/28 A S P 312,000 F 3400591 8/1/28 A S P 189,000 F 3400605 8/1/28 A S P 262,000 F 3500356 7/1/28 A S P 181,000 F 3500394 8/1/28 A S P 175,000 F 3500398 8/1/28 A S P 195,000 F 3500401 8/1/28 A S P 110,000 F 8303014 5/1/13 A S P 235,000 C 8303125 5/1/28 A S P 107,000 C 8303179 6/1/28 A S P 105,000 C 8303198 6/1/13 A S P 255,000 C 8303199 6/1/13 A S P 135,000 C 8303244 6/1/28 A S P 300,000 C 8410461 7/1/28 A S P 361,000 C 8410469 7/1/28 A S P 195,000 C 8410471 7/1/28 A S P 90,000 C 8410474 7/1/28 A S P 100,000 C 8410479 7/1/28 A S P 315,000 C 8410481 7/1/13 A S P 125,000 C 8410486 7/1/28 A S P 122,000 C 8410489 7/1/28 A S P 138,000 C - - ---------------------------------------------------------------------- Page 1 98-2A Exhibit B Loan Schedule - 1998-2F (FIXED) Loan Lien Cut-Off Current Number Property Address City ST Zip Pos Balance Rate - - -------------------------------------------------------------------------------------------------------------------------------- 106253 13901 HOLT AVE SANTA ANA CA 92705 1 72,034.00 8.990 106255 22021 MALIBU LN HUNTINGTON BEACH CA 92646 1 49,700.00 8.990 203343 1185 MARLINE AVENUE EL CAJON CA 92021 1 75,411.10 10.950 204486 1720 WALTON STREET OCEANSIDE CA 92054 1 68,240.00 8.990 303954 19418 LEAL CIRCLE CERRITOS CA 90703 1 98,355.95 11.500 304045 2851 DELAWARE AVE SANTA MONICA CA 90404 1 191,225.69 9.625 304098 2720 EAST BROADWAY LONG BEACH CA 90803 1 79,064.70 9.625 304527 6013 GREENTOP STREET LAKEWOOD CA 90713 1 48,191.00 13.400 304533 1443 WEST 85TH STREET LOS ANGELES CA 90047 1 41,261.00 9.900 304539 1606 WEST 137TH STREET COMPTON CA 90222 1 37,091.00 9.890 304542 2006 WEST 79TH STREET LOS ANGELES CA 90047 1 60,931.00 8.990 304547 7040 6TH AVENUE LOS ANGELES CA 90043 1 36,559.00 9.490 404928 417-419 CLAYTON STREET SAN FRANCISCO CA 94117 1 158,809.41 9.950 405336 688 CENTRAL AVE PITTSBURG CA 94565 1 81,190.23 9.625 405439 1994 DEPOT ROAD HAYWARD CA 94545 1 66,417.16 9.950 405801 7521 HALLIDAY AVENUE OAKLAND CA 94605 1 44,186.00 9.400 405805 9966 LAWLOR STREET OAKLAND CA 94605 1 117,558.00 9.990 504517 1427 VENICE ST SIMI VALLEY CA 93065 1 63,476.94 9.625 505484 3708 MILITARY AVE LOS ANGELES CA 90034 1 68,937.49 8.750 505672 19519 BASSETT ST Reseda area CA 91335 1 63,200.00 9.400 505677 335 MARIPOSA DRIVE VENTURA CA 93001 3 34,924.00 14.950 505694 8618 STANSBURY AVENUE (PANORAMA CITY AREA) CA 91402 1 30,645.00 9.950 505699 1117 CAVALIER AVENUE SIMI VALLEY CA 93065 1 90,737.00 10.490 706953 679 FRASER AVENUE Los Angeles area CA 90022 1 79,899.28 9.990 707362 217 W BYGROVE ST; COVINA CA 91722 1 70,077.00 10.650 707373 4023 KENNETH STREET RIVERSIDE CA 92509 1 52,457.00 8.400 806667 3347 PLACERCREEK CT SAN JOSE CA 95121 1 100,787.00 9.400 806698 1885 KINROSS WAY SAN JOSE CA 95122 1 82,370.00 9.490 806699 495 ROSWELL DRIVE MILPITAS CA 95035 1 118,820.00 8.990 1301193 2418 LAVISTA ROAD NE ATLANTA GA 30329 1 50,676.97 9.200 1301642 2837 DAVIDSON DR LITHONIA GA 30058 1 86,800.00 10.900 1301658 2931 CHESHIRE DR. MARIETTA GA 30062 1 99,877.00 10.500 1301659 375 OAKLAND AVE. S.E. ATLANTA GA 30312 1 30,334.00 10.650 1301661 3984 ARDEN WAY N.E. ATLANTA GA 30342 1 171,769.00 8.990 1602095 5942 S. 125TH ST SEATTLE WA 98178 1 94,919.79 10.750 1602881 713 S MULLEN ST TACOMA WA 98405 1 51,481.00 8.990 1702670 8783 EVERETT COURT ARVADA CO 80005 1 84,795.84 9.500 1703083 916 ADAMS STREET DENVER CO 80206 1 77,039.00 8.990 1703084 3029 WEST LAYTON AVENUE ENGLEWOOD CO 80110 1 23,993.00 9.400 1802881 18901 S. 113TH AVENUE MOKENA IL 60448 1 75,618.86 9.750 1803063 9124 S. BELL AVENUE CHICAGO IL 60620 1 84,192.07 9.250 1803109 7418 S. JEFFERY BOULEVARD CHICAGO IL 60649 1 63,495.77 10.250 1803331 1642 W. 93RD STREET CHICAGO IL 60620 1 60,546.29 8.950 1803692 1541 S. TRUMBULL AVENUE CHICAGO IL 60623 1 29,633.00 9.900 1803711 1413 S. KOSTNER AVENUE CHICAGO IL 60623 1 75,081.99 8.990 1803717 10 TIMERLAKE TRAIL WEST OSWEGO IL 60543 1 87,221.99 8.990 1803735 338 MICHIGAN AVENUE AURORA IL 60506 1 52,651.00 10.490 1901801 7810 NW 175 STREET HIALEAH FL 33015 1 79,890.20 9.490 1901822 9420 JAMAICA DR MIAMI FL 33189 1 29,529.01 10.000 1901963 6266 SW 42ND ST MIAMI FL 33155 1 81,630.93 9.990 1901977 3621 SW 126 AVENUE MIAMI FL 33175 1 78,303.12 9.625 1902142 18035 NW 84TH AVENUE HIALEAH FL 33015 1 79,990.00 9.400 2101504 18346 SE TIBBETTS CT GRESHAM OR 97030 1 80,112.70 9.950 2101613 2001 LIBRA ST NEWBERG OR 97132 1 69,326.88 9.490 2101633 5342 SW 65TH AVE PORTLAND OR 97221 1 117,348.86 9.625 2101657 17650 SE HAIG DR PORTLAND OR 97236 1 101,582.40 9.650 2101807 11303 SE POWELL CT PORTLAND OR 97266 1 90,302.47 8.990 2102036 6440 NE 8TH AVE PORTLAND OR 97211 1 76,038.00 10.150 2102038 4353 NE JARRETT ST PORTLAND OR 97218 1 27,081.00 9.900 2102043 6435 NE BROADWAY ST PORTLAND OR 97213 1 52,323.00 9.400 2102045 4541 NE 26TH AVE PORTLAND OR 97211 1 40,841.00 11.900 2102047 10258 SE MITCHELL ST PORTLAND OR 97266 1 52,926.00 10.490 2201663 422 N SEMINARY AVE WOODSTOCK IL 60098 1 54,817.78 8.490 2201909 2940 N. SEELEY AVE. CHICAGO IL 60618 1 75,316.00 9.400 2401384 11371 NW 23RD STREET PEMBROKE PINES FL 33026 1 87,655.09 9.250 2401535 6701 OAKMONT DR NORTH LAUDERDALE FL 33068 1 75,738.86 9.450 2500156 1910 STINE ROAD PENINSULA OH 44264 1 97,501.79 9.500 2500177 4437 SILSBY ROAD UNIVERSITY HEIGHTS OH 44118 1 76,974.15 9.500 2500385 423 SOUTH ROSE BLVD. AKRON OH 44320 1 184,824.00 8.990 2600091 2939 N. 47TH. ST. PHOENIX AZ 85018 1 74,004.71 10.250 2600155 13022 N. 48TH. PL. SCOTTSDALE AZ 85254 1 75,724.65 9.625 2600266 2044 N. 71ST. ST. SCOTTSDALE AZ 85257 1 79,929.30 9.000 2700227 991 S 700 E SALT LAKE CITY UT 84105 1 52,642.84 10.250 2700281 557 S. 1100 W. WOODS CROSS UT 84087 1 57,091.40 9.250 2700589 5110 SOUTH 4420 WEST SALT LAKE CITY UT 84118 1 67,367.00 9.990 2900592 1434 CENTER ST LEVITTOWN PA 19057 1 40,622.28 9.500 2900855 329 MANOR RD. HATBORO PA 19040 1 80,537.00 8.990 2900861 155 CRABTREE DRIVE LEVITTOWN PA 19055 1 68,590.00 8.900 3100894 102 LAKE SHORE DR HEWITT NJ 07421 1 81,890.00 9.400 3100897 256 EPPS RD ENGLEWOOD NJ 07631 1 28,868.00 11.900 3100898 90 LANGDON AVE WHARTON NJ 07885 1 87,826.00 10.400 Loan Current Mat Pmt Prop Occup Appraised Orig Number Pmt Date Type Type Type Value Type - - ------------------------------------------------------------------------------------- 106253 579.08 8/1/28 A S P 315,000 F 106255 399.54 8/1/28 A S P 258,000 F 203343 732.79 2/1/24 A S I 112,000 F 204486 548.58 8/1/28 A S P 105,000 F 303954 981.27 9/1/26 A S P 210,000 F 304045 1,640.55 12/1/26 A S P 250,000 F 304098 677.56 2/1/27 A S P 155,000 F 304527 548.20 7/1/28 A S P 150,000 F 304533 359.05 8/1/28 A S P 77,000 F 304539 396.09 8/1/13 A S P 127,000 F 304542 489.83 8/1/28 A S P 124,000 F 304547 307.14 8/1/28 A S P 115,000 F 404928 1,405.18 5/1/26 A F P 320,000 F 405336 694.65 5/1/27 A S P 109,000 F 405439 583.11 9/1/27 A S I 161,000 F 405801 368.32 8/1/28 A S I 82,000 F 405805 1,030.79 8/1/28 A S P 163,000 F 504517 557.51 12/1/23 A S P 165,000 F 505484 545.92 7/1/27 A F P 261,000 F 505672 526.81 7/1/28 A S P 120,000 F 505677 440.20 7/1/28 A S I 360,000 F 505694 267.80 8/1/28 A S P 130,000 F 505699 829.33 8/1/28 A S P 162,000 F 706953 706.64 12/1/26 A S P 130,000 F 707362 648.89 8/1/28 A S P 150,000 F 707373 399.64 8/1/28 A S P 90,000 F 806667 840.13 7/1/28 A C P 126,000 F 806698 692.01 8/1/28 A S P 191,000 F 806699 955.20 8/1/28 A S P 235,000 F 1301193 418.05 5/1/27 A S P 134,000 F 1301642 820.06 6/1/28 A S P 103,000 F 1301658 913.61 8/1/28 A S P 153,000 F 1301659 338.14 8/1/13 A S P 74,000 F 1301661 1,380.86 8/1/28 A S P 230,000 F 1602095 892.59 12/1/26 A S P 131,000 F 1602881 413.86 8/1/28 A S P 97,000 F 1702670 720.24 11/1/26 A S P 123,000 F 1703083 619.32 8/1/28 A S P 118,000 F 1703084 200.00 7/1/28 A S P 125,000 F 1802881 655.71 12/1/26 A S P 136,000 F 1803063 697.95 4/1/27 A S P 145,000 F 1803109 572.27 5/1/27 A F P 150,000 F 1803331 487.83 11/1/27 A S P 84,000 F 1803692 389.96 7/1/08 A S P 68,500 F 1803711 603.59 7/1/28 A F P 122,000 F 1803717 884.14 8/1/13 A S P 200,000 F 1803735 481.23 8/1/28 A S P 93,000 F 1901801 677.61 12/1/26 A S P 139,000 F 1901822 291.95 1/1/17 A S P 101,000 F 1901963 719.08 8/1/27 A S P 129,000 F 1901977 668.54 9/1/27 A S P 131,000 F 1902142 666.77 8/1/28 A S P 128,000 F 2101504 706.93 10/1/26 A S P 119,000 F 2101613 587.35 2/1/27 A S P 116,000 F 2101633 1,005.10 3/1/27 A S P 174,000 F 2101657 871.91 4/1/27 A S P 133,000 F 2101807 729.22 10/1/27 A S P 121,000 F 2102036 675.73 8/1/28 A S P 117,000 F 2102038 235.66 8/1/28 A S P 75,000 F 2102043 436.15 8/1/28 A S P 130,000 F 2102045 487.54 8/1/13 A S P 84,000 F 2102047 483.74 8/1/28 A S P 104,000 F 2201663 557.52 11/1/12 A S P 92,000 F 2201909 627.81 7/1/28 A S P 174,000 F 2401384 952.27 12/1/11 A S P 134,000 F 2401535 636.03 12/1/27 A S P 95,000 F 2500156 826.60 4/1/27 A S P 180,000 F 2500177 652.18 6/1/27 A S P 113,000 F 2500385 1,485.81 8/1/28 A S P 280,000 F 2600091 671.83 3/1/26 A S P 102,000 F 2600155 651.88 6/1/26 A S P 120,000 F 2600266 649.94 12/1/26 A S P 108,000 F 2700227 474.68 4/1/27 A S P 107,000 F 2700281 473.02 6/1/27 A S P 97,000 F 2700589 590.70 8/1/28 A S P 96,000 F 2900592 343.14 9/1/27 A S P 121,000 F 2900855 816.38 8/1/13 A S P 130,000 F 2900861 546.96 8/1/28 A S P 98,000 F 3100894 682.61 8/1/28 A S P 120,000 F 3100897 344.61 8/1/13 A S P 115,000 F 3100898 796.82 8/1/28 A S P 127,000 F Page 1 98-2F Exhibit B Loan Schedule - 1998-2F (FIXED) Loan Lien Cut-Off Current Number Property Address City ST Zip Pos Balance Rate - - -------------------------------------------------------------------------------------------------------------------------------- 3100899 46 COLLEGE RD NETCONG NJ 07857 1 77,572.00 10.150 3100900 6046 PARK AVE WEST NEW YORK NJ 07093 1 26,066.00 9.400 3100908 16 BOYD AVE JERSEY CITY NJ 07304 1 20,468.00 11.900 3100909 43 W. CENTRAL AVE MAYWOOD NJ 07607 1 105,690.00 9.900 3200055 1602 BRENTWOOD ROAD BAYSHORE NY 11706 1 42,157.33 12.250 3200151 4 CHRISTOPHER CT DEER PARK NY 11729 1 64,755.25 9.250 3200280 360 W 18 ST DEER PARK NY 11729 1 70,021.69 10.750 3200376 24 LINDEN COURT HICKSVILLE NY 11801 1 104,726.37 9.750 3200567 53 ALLERS BLVD ROOSEVELT NY 11575 1 77,079.84 9.500 3200706 401 BEECHMONT AVENUE LINDENHURST NY 11757 1 95,999.27 9.500 3200708 28 BONAIRE DRIVE DIX HILLS NY 11746 1 125,794.26 8.490 3201065 1078 WOODFIELD RD ROCKVILLE CENTRE NY 11570 1 83,890.00 9.400 3201079 240 FIELDMERE STREET ELMONT NY 11003 1 125,983.00 10.400 3201094 516 BARBARA LN W. HEMPSTEAD NY 11552 1 61,691.00 9.900 3201106 50 SECOND PLACE CENTRAL ISLIP NY 11722 1 66,898.00 9.400 3201113 38 CRESCENT STREET HICKSVILLE NY 11801 1 42,542.00 9.400 3201117 558 RUTLAND ST WESTBURY NY 11590 1 79,643.00 9.400 3201124 3669 MARTHA BLVD BETHPAGE NY 11714 1 128,677.00 8.990 3300053 1835 69TH STREET BROOKLYN NY 11204 1 24,499.65 9.490 3300102 2035 NEW YORK AVENUE BROOKLYN NY 11210 1 58,120.00 9.990 3300471 4538 BEACH 45 STREET BROOKLYN NY 11224 1 34,784.88 8.490 3300695 60 HINCKLEY PLACE BROOKLYN NY 11218 1 73,324.00 12.400 3300699 50-31 46TH STREET WOODSIDE NY 11377 1 72,101.00 9.400 3300701 72-03 160TH STREET FLUSHING NY 11365 1 83,510.00 10.900 3300706 199-10 116 AVE. ST ALBANS NY 11412 1 24,959.00 9.900 3300707 101-19 159TH AVENUE HOWARD BEACH NY 11414 1 165,088.00 9.490 3400329 1215-17 CLINTON PLACE PLAINFIELD NJ 07063 1 33,471.11 9.250 3400577 218 JOHNSTON AVE PLAINFIELD NJ 07062 1 34,494.00 9.400 3400582 223 ADAMS STREET RAHWAY NJ 07065 1 70,276.00 9.400 3400584 19 CALUMET ROAD RANDOLPH NJ 07869 1 99,470.00 8.990 3400595 64 CLARK STREET ISELIN (WOODBRIDGE TWP) NJ 08830 1 103,378.00 9.900 3400597 650-52 E 7TH ST PLAINFIELD NJ 07060 1 47,111.00 9.400 3400599 42 NORTH 9TH AVE MANVILLE NJ 08835 1 43,639.00 9.900 3400600 354 OLD YORK RD FLEMINGTON(RARITAN TWP) NJ 08822 1 95,966.00 10.650 3400602 21 FIELD HEDGE DRIVE SOMERVILLE(HILLSBOROUGH TWP) NJ 08876 1 129,591.00 9.990 3500042 11 BRONISLAW ST. WOBURN MA 01801 1 70,771.68 8.950 3500052 122 SALEM ST. REVERE MA 02151 1 70,137.10 9.500 3500211 131 HIGH STREET BILLERICA MA 01862 1 45,126.11 8.000 3500363 5-7 MAIN STREET MALDEN MA 02148 1 71,752.00 9.400 3500370 104 SANBORN LANE READING MA 01867 1 190,032.00 9.900 3500399 14 WISCONSIN ROAD TEWKSBURY MA 01876 1 101,840.00 9.400 3500404 157 COLERIDGE ST. EAST BOSTON MA 02128 1 99,990.00 9.990 3500406 147 MARY STREET ARLINGTON MA 02174 1 202,971.00 9.400 3500407 10 SACHEM ST. BILLERICA MA 01821 1 69,538.00 8.990 3500412 180 MYSTIC VALLEY PKWY WINCHESTER MA 01890 1 182,162.00 9.990 3600285 5804 BLACK HAWK DRIVE OXON HILL MD 20745 1 64,787.00 9.650 3700075 424 WELLINGTON CT. MASON OH 45040 1 30,500.00 9.500 3700093 801 HARGROVE WAY CINCINNATI OH 45240 1 44,990.00 9.400 3800130 610 COTTAGE ST SW VIENNA VA 22180 1 100,721.36 9.250 3800277 7320 CARVER RD GAINESVILLE VA 20155 1 70,702.00 9.400 3800279 720 KENYON ST NW WASHINGTON DC 20010 1 35,972.00 9.400 3800280 1459 ST ST NW WASHINGTON DC 20009 1 20,000.00 9.900 3900263 941 STONE RD WESTMINSTER MD 21158 1 68,725.00 9.900 3900266 226 N GORSUCH RD WESTMINSTER MD 21157 1 48,807.00 9.490 4600028 23 OCEAN RD OCEAN CITY NJ 08226 1 21,574.00 10.650 4600042 270 BROOKSIDE AVE TRENTON (EWING TWP) NJ 08638 1 43,801.00 9.400 4800002 128 WHITTIER AVE NORTH BABYLON NY 11703 1 124,300.00 8.990 4800014 81 VERMONT AVENUE NO. BABYLON NY 11704 1 59,967.00 9.490 11001330 801 SAN TIMOTEO CANYON REDLANDS CA 92373 1 147,133.60 8.990 15000631 8100 HAGUE WAY ELVERTA CA 95626 1 63,781.61 8.950 8300104 7926 CYD DRIVE DENVER CO 80221 1 77,120.41 9.950 8300192 524 DATE STREET DRAIN OR 97435 1 44,248.99 9.250 8300795 6917 VANSCOY AVENUE NORTH HOLLYWOOD (AREA) CA 91605 1 95,016.33 9.400 8301335 4173 W. 217TH STREET FAIRVIEW PARK OH 44126 1 72,825.14 9.490 8301567 5514 18TH AVENUE SOUTH SEATTLE WA 98108 1 65,067.33 10.250 8301779 1283 EAST HIDDEN VALLEY DRIVE SANDY UT 84094 1 103,862.56 8.990 8302350 35874 BURNING TREE DRIVE NEWARK CA 94560 1 174,314.42 9.000 8302435 2262 W. 111TH UNIT B CHICAGO IL 60642 1 61,379.24 9.500 8303246 2989 S E WILLOW DRIVE HILLSBORO OR 97123 1 83,080.00 9.500 8303296 525 20TH AVENUE EAST SEATTLE WA 98112 1 145,500.00 8.750 8410239 2931 WEST 55TH AVENUE DENVER CO 80221 1 58,141.13 9.625 8410246 6185 S. CLARA DRIVE TAYLORSVILLE UT 84118 1 98,830.11 9.750 8900405 18 EUCLID AVENUE DIX HILLS NY 11746 1 79,598.17 9.500 8900561 1631 23RD AVENUE MELROSE PARK IL 60160 1 58,756.47 9.500 8901283 101 GARDEN STREET GARDEN CITY NY 11530 2 60,000.00 8.750 8901284 12 UTICA STREET LEXINGTON MA 02173 1 90,905.24 9.250 8901285 86 ABERDEEN ST. BROOKLYN NY 11207 1 85,284.07 9.500 8901286 15 HIGHVIEW LANE RIDGE NY 11961 2 29,927.55 9.990 8901287 37 WALTER STREET HOLBROOK NY 11741 1 59,830.42 8.250 8901288 2 HARBOR VIEW DRIVE HUNTINGTON BAY NY 11743 1 24,936.86 9.500 8901289 76 ELM STREET FRAMINGHAM MA 01701 1 82,000.00 9.990 Loan Current Mat Pmt Prop Occup Appraised Orig Number Pmt Date Type Type Type Value Type - - ------------------------------------------------------------------------------------- 3100899 689.36 8/1/28 A S P 129,000 F 3100900 217.28 8/1/28 A F P 136,000 F 3100908 244.34 8/1/13 A S P 137,500 F 3100909 919.70 8/1/28 A S P 151,000 F 3200055 444.13 12/1/26 A S P 141,000 F 3200151 537.45 2/1/27 A S P 161,000 F 3200280 657.31 4/1/27 A S P 140,000 F 3200376 905.53 5/1/27 A S P 210,000 F 3200567 651.10 9/1/27 A S P 107,000 F 3200706 811.72 11/1/27 A S P 131,000 F 3200708 970.57 11/1/27 A S P 262,000 F 3201065 699.28 7/1/28 A S P 142,000 F 3201079 1,143.01 7/1/28 A S P 168,000 F 3201094 536.83 7/1/28 A S P 137,000 F 3201106 557.64 8/1/28 A S P 97,000 F 3201113 354.62 8/1/28 A S P 177,000 F 3201117 663.88 8/1/28 A S P 163,000 F 3201124 1,034.44 8/1/28 A S P 184,000 F 3300053 344.52 4/1/07 A F P 234,000 F 3300102 512.98 4/1/27 A S P 149,000 F 3300471 346.26 3/1/13 A S P 145,000 F 3300695 776.87 8/1/28 A S P 230,000 F 3300699 748.55 8/1/13 A S P 180,000 F 3300701 788.98 8/1/28 A S P 170,000 F 3300706 217.19 8/1/28 A S P 155,000 F 3300707 1,386.95 8/1/28 A F P 270,000 F 3400329 276.09 2/1/28 A S P 83,000 F 3400577 287.53 7/1/28 A F P 82,000 F 3400582 585.80 8/1/28 A F P 120,000 F 3400584 799.64 8/1/28 A S P 229,000 F 3400595 899.59 8/1/28 A S P 170,000 F 3400597 489.11 8/1/13 A F P 138,000 F 3400599 466.28 8/1/13 A S P 114,000 F 3400600 888.62 8/1/28 A S P 150,000 F 3400602 1,136.30 8/1/28 A S P 200,000 F 3500042 570.16 8/1/27 A S P 132,000 F 3500052 592.77 8/1/27 A F P 138,000 F 3500211 332.63 12/1/27 A S P 145,000 F 3500363 598.10 7/1/28 A F P 165,000 F 3500370 1,653.64 7/1/28 A S P 310,000 F 3500399 848.91 8/1/28 A S P 150,000 F 3500404 876.75 7/1/28 A F P 125,000 F 3500406 1,691.90 8/1/28 A S P 280,000 F 3500407 704.89 8/1/13 A S P 185,000 F 3500412 1,597.26 8/1/28 A S P 330,000 F 3600285 551.87 8/1/28 A S P 120,000 F 3700075 256.46 7/1/28 A C I 67,000 F 3700093 375.02 8/1/28 A S P 75,000 F 3800130 831.25 12/1/27 A S P 182,000 F 3800277 589.35 8/1/28 A S P 120,000 F 3800279 299.85 8/1/28 A S P 78,000 F 3800280 213.70 8/1/13 A S P 166,000 F 3900263 598.04 8/1/28 A S P 127,000 F 3900266 410.04 8/1/28 A S P 136,000 F 4600028 240.49 7/1/13 A S I 260,000 F 4600042 365.11 8/1/28 A S P 81,000 F 4800002 999.25 8/1/28 A S P 168,000 F 4800014 503.80 8/1/28 A S P 129,000 F 11001330 1,224.25 3/1/24 A S P 304,000 F 15000631 528.51 4/1/24 A S P 102,000 F 8300104 684.31 12/1/25 A S P 120,000 C 8300192 370.24 1/1/26 A S P 83,000 C 8300795 800.23 11/1/26 A S P 155,000 C 8301335 616.64 3/1/27 A S P 105,000 C 8301567 586.44 5/1/27 A S P 109,000 C 8301779 848.62 6/1/27 A S P 163,000 C 8302350 1,408.08 11/1/27 A S P 250,000 C 8302435 517.67 12/1/27 A C P 88,000 C 8303246 698.58 6/1/28 A S P 134,000 C 8303296 1,144.65 6/1/28 A S P 210,000 C 8410239 497.44 5/1/27 A S P 92,000 C 8410246 854.55 5/1/27 A S P 133,000 C 8900405 672.38 9/1/27 A S P 222,500 C 8900561 496.59 8/1/27 A S P 115,000 C 8901283 472.02 5/8/13 A S P 400,000 C 8901284 748.63 4/17/28 A F P 345,000 C 8901285 892.81 5/6/13 A F I 160,000 C 8901286 322.20 5/8/13 A S P 120,000 C 8901287 582.08 5/7/13 A S P 132,000 C 8901288 261.06 5/1/13 A S P 460,000 C 8901289 719.00 5/4/28 A S P 225,000 C Page 2 98-2F Exhibit B Loan Schedule - 1998-2F (FIXED) Loan Lien Cut-Off Current Number Property Address City ST Zip Pos Balance Rate - - -------------------------------------------------------------------------------------------------------------------------------- 8901290 1 PRIMROSE LANE NORTH BABYLON NY 11703 1 35,000.00 10.500 8901291 93-29 HOLLIS BOULEVARD QUEENS VILLAGE NY 11428 1 109,840.21 9.250 8901292 465 ELTON STREET BROOKLYN NY 11208 1 79,966.81 10.300 8901293 9211 212TH STREET QUEENS VILLAGE NY 11428 2 60,000.00 10.250 8901294 44 OLIVER ST BROOKLYN NY 11209 1 29,939.89 11.990 8901295 229 HAMPTON GREEN STATEN ISLAND NY 10312 1 49,969.71 8.500 8901296 10 S. 141 WILEDEN LANE NAPERVILLE IL 60564 2 35,425.43 11.490 8901297 167 CENTRAL AVENUE BROOKLYN NY 11221 1 98,984.99 14.790 8901298 81 HORTON ROAD VALLEY STREAM NY 11581 1 75,000.00 9.990 8901299 967 HYLAN BOULEVARD STATEN ISLAND NY 10305 1 44,949.04 11.150 8901300 84 JOHN STREET INWOOD NY 11096 1 50,000.00 8.250 8901301 126-34 148TH STREET JAMAICA NY 11436 1 59,688.19 8.900 8901302 539 KENT PLACE WEST HEMPSTEAD NY 11552 1 75,808.06 9.500 8901303 3500 NW 1ST COURT FT. LAUDERDALE FL 33311 1 12,967.17 9.500 8901304 960 NW 34TH WAY FT. LAUDERDALE FL 33311 1 37,882.27 9.750 92001243 823 VIA FELIPE CORONA CA 91720 1 71,574.43 9.000 92001539 19125 SYLVAN STREET RESEDA AREA CA 91335 1 56,850.19 9.625 92002556 1212 NUUANU AVENUE #2207 HONOLULU HI 96817 1 235,229.02 9.600 92002941 441 EAST 169TH STREET CARSON CA 90746 1 105,281.41 9.750 92002946 770 SUNSET AVENUE VENICE CA 90291 1 213,365.69 9.625 92003001 9107, 9107 1/2 & 9109 CATTARAUGUS AV LOSUANGELES CA 90034 1 142,228.61 9.625 - - -------------------------------------------------------------------------------------------------------------------------------- TOTAL FIXED RATE LOANS: 183 13,961,922.61 Loan Current Mat Pmt Prop Occup Appraised Orig Number Pmt Date Type Type Type Value Type - - -------------------------------------------------------------------------------------- 8901290 320.16 5/8/28 A S P 140,000 C 8901291 1,007.45 5/6/18 A S P 220,000 C 8901292 719.86 5/4/28 A F P 155,000 C 8901293 588.99 5/12/18 A S P 155,000 C 8901294 359.86 5/1/13 A S P 330,000 C 8901295 384.46 5/1/28 A S P 146,000 C 8901296 414.48 5/5/13 A S P 162,500 C 8901297 1,235.19 5/20/28 A F P 136,000 C 8901298 805.50 5/7/13 A S P 165,000 C 8901299 469.09 5/12/18 A S P 200,000 C 8901300 375.63 5/12/28 A S P 150,000 C 8901301 756.81 5/15/08 A F P 168,000 C 8901302 793.61 5/11/13 A S P 205,000 C 8901303 135.75 4/13/13 A S P 63,000 C 8901304 326.48 4/20/28 A S P 80,000 C 92001243 598.04 11/1/23 A S P 115,000 C 92001539 498.56 2/1/24 A S P 130,000 C 92002556 2,054.18 5/1/24 A C P 375,000 C 92002941 929.87 6/1/24 A S P 150,000 C 92002946 1,865.25 6/1/24 A F P 313,000 C 92003001 1,243.64 6/1/24 A F I 275,000 C - - -------------------------------------------------------------------------------------- Page 3 98-2F