Payment Date: 09/25/98
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INDYMAC
Manufactured Housing Contract Pass-Through Certificates, Series 1998-2
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Class Information Current Payment Information
- ----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
Senior A1 56,539,687.49 5.750000% 3,032,201.90 270,919.34 3,303,121.23 0.00 0.00
A2 39,600,000.00 6.170000% 0.00 203,610.00 203,610.00 0.00 0.00
A3 29,700,000.00 6.200000% 0.00 153,450.00 153,450.00 0.00 0.00
A4 53,278,000.00 6.640000% 0.00 294,804.93 294,804.93 0.00 0.00
Residual AR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
M1 18,360,000.00 7.070000% 0.00 108,171.00 108,171.00 0.00 0.00
M2 9,180,000.00 7.070000% 0.00 54,085.50 54,085.50 0.00 0.00
B1 9,754,000.00 7.360000% 0.00 59,824.53 59,824.53 0.00 0.00
B2 10,327,900.00 8.680000% 0.00 74,705.14 74,705.14 0.00 0.00
X 226,900,402.94 0.000000% 0.00 0.00 0.00 0.00 0.00
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- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 226,739,587.49 - 3,032,201.90 1,219,570.45 4,251,772.34 - -
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Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 53,507,485.59 0.00
A2 39,600,000.00 0.00
A3 29,700,000.00 0.00
A4 53,278,000.00 0.00
Residual AR 0.00 0.00
M1 18,360,000.00 0.00
M2 9,180,000.00 0.00
B1 9,754,000.00 0.00
B2 10,327,900.00 0.00
X 224,367,387.46 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 223,707,385.59 -
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Payment Date: 09/25/98
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INDYMAC
Manufactured Housing Contract Pass-Through Certificates, Series 1998-2
------------------------------------------------------------
Class Information Current Payment Information
Factors per $1,000
- ------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Senior A1 56,539,687.49 5.750000% 045413AW1 51.133253 4.568623 902.318475
A2 39,600,000.00 6.170000% 045413AX9 0.000000 5.141667 1,000.000000
A3 29,700,000.00 6.200000% 045413AY7 0.000000 5.166667 1,000.000000
A4 53,278,000.00 6.640000% 045413AZ4 0.000000 5.533333 1,000.000000
Residual AR 0.00 6.500000% 045413BA8 0.000000 0.000000 0.000000
M1 18,360,000.00 7.070000% 045413BB6 0.000000 5.891667 1,000.000000
M2 9,180,000.00 7.070000% 045413BC4 0.000000 5.891667 1,000.000000
B1 9,754,000.00 7.360000% 045413BD2 0.000000 6.133333 1,000.000000
B2 10,327,900.00 8.680000% PRIVATE 0.000000 7.233333 1,000.000000
X 226,900,402.94 0.000000% PRIVATE 0.000000 0.000000 977.635675
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 226,739,587.49 - - - - -
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INDYMAC
Manufactured Housing Contract Pass-Through Certificates, Series 1998-2
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
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Total
-----
Aggregated stated principal balance 224,383,183.46 224,383,183.46
Aggregated loan count 0 0
Aggregated average loan rate 10.182090% 10.18
Aggregated prepayment amount 2,041,385.99 2,041,385.99
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Monthly master servicing fees 188,726.89 188,726.89
Monthly sub servicer fees 0.00 0.00
Monthly trustee fees 1,703.78 1,703.78
Aggregate advances N/A N/A
Advances this periods 0.00 0.00
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LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Total
-----
Net realized losses (this period) 0.00 0.00
Cumulative losses (from Cut-Off) 0.00 0.00
Coverage Amounts Total
- ---------------- -----
Bankruptcy 0.00 0.00
Fraud 0.00 0.00
Special Hazard 0.00 0.00
Aggregate Certificate Information
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Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 100.000000% 100.000000% 226,739,587.49
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Junior 0.000000% 0.000000% 0.00
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 96 3,721,431.38
60 to 89 days 23 758,016.98
90 or more 34 1,446,208.67
Foreclosure 0 0.00
Totals: 153 5,925,657.03
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REO INFORMATION
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REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 2,109,103.94
Current Total Outstanding Number of Loans: 53
- --------------------------------------------------------------------------------
OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 4,251,772.34 4,251,772.34
Principal remittance amount 3,032,201.90 3,032,201.90
Interest remittance amount 1,219,570.45 1,219,570.45