content: ABN AMRO
  LaSalle National Bank
  
  Administrator:
    Ryan Kutty  (800) 246-5761
    135 S. LaSalle Street   Suite 1740
    Chicago, IL   60603
  
  ^Nomura Asset Securities Corporation
  ^Advanta Mortgage Corp. USA
  ^PHH Mortgage Services Corporation
  ^Home Equity Loan Pass-Through Certificates
  ^Series 1995-2
  ^ABN AMRO Acct: 67-7445-41-3
  
  Statement Date:     06/25/96
  Payment Date:       06/25/96
  Prior Payment:      05/28/96
  Record Date:        05/31/96
  
  WAC:                    0.102598787
  WAMM:                           344
  
  ^REMIC II
                      Original                     Opening        
  Principal
  Class (4)           Face Value (1)               Balance        Payment
  CUSIP               Per $1,000                   Per $1,000    Per$1,000
  
  1-A                        25000000            21240989.03    1383077.49
  655356HC0                      1000       0    849.6395612    55.3230996
  2-A-1                      22000000             9266819.77    3219898.05
  655356HD8                      1000       0    421.2190805   146.3590023
  2-A-2                      31000000               31000000             0
  655356HE6                      1000       0           1000             0
  2-A-3                      12000000               12000000             0
  655356HF3                      1000       0           1000             0
  2-A-4                      26000000               26000000             0
  655356HG1                      1000       0           1000             0
  2-M                        29698447               29698447             0
  655356HH9                      1000       0           1000             0
  B                             0.00                       0             0
  655356HJ5                      1000       0              0             0
  R                             0.00                       0             0
  655356HK2                      1000       0              0             0
                            145698447       0    129206255.8    4602975.54
  
  
                      Principal      Negative      Closing        Interest
  Class (4)           Adj. or Loss   Amortization  Balance        Payment
  CUSIP               Per $1,000     Per $1,000    Per $1,000    Per 1,000
  
  1-A                               0       0    19857911.54      96375.39
  655356HC0                         0       0    794.3164616     3.8550156
  2-A-1                             0       0     6046921.72      48419.13
  655356HD8                         0       0    274.8600782   2.200869545
  2-A-2                             0       0       31000000     161458.33
  655356HE6                         0       0           1000   5.208333226
  2-A-3                             0       0       12000000         63200
  655356HF3                         0       0           1000   5.266666667
  2-A-4                             0       0       26000000     143216.67
  655356HG1                         0       0           1000   5.508333462
  2-M                               0       0       29698447     176210.79
  655356HH9                         0       0           1000   5.933333484
  B                                 0       0              0             0
  655356HJ5                         0       0              0             0
  R                                 0       0              0             0
  655356HK2                         0       0              0             0
                                    0       0    124603280.3     688880.31
  Total P&I Payment                5291855.85
  
  
                      Interest       Pass-Through
  Class (4)           Adjustment     Rate (2)
  CUSIP               Per $1,000     Next Rate (3)
  
  1-A                               0     0.0583359
  655356HC0                         0     0.0586484
  2-A-1                             0        0.0627
  655356HD8                         0                Fixed
  2-A-2                             0        0.0625
  655356HE6                         0                Fixed
  2-A-3                             0        0.0632
  655356HF3                         0                Fixed
  2-A-4                             0        0.0661
  655356HG1                         0                Fixed
  2-M                               0        0.0712
  655356HH9                         0        0.0712
  B                                 0             0
  655356HJ5                         0             0
  R                                 0             0
  655356HK2                         0             0
                                    0
  
  
  Notes:  (1) N denotes notional balance not included in total
  (2) Interest Paid minus Interest Adjustment minus
  Deferred Interest equals Accrual    (3) Estimated
  
  ^REMIC I
                      Original                     Opening        
  Principal
  Class               Face Value (1)               Balance        Payment
  CUSIP               Per $1,000                   Per $1,000    Per 1,000
  
  Regular 1-A                25000000            21472728.91    1293501.64
  None                           1000       0    858.9091564    51.7400656
  Regular 2-A-1              22000000            10779801.22    2931864.15
  None                           1000       0    489.9909645   133.2665523
  Regular 2-A-2              31000000               31000000             0
  None                           1000       0           1000             0
  Regular 2-A-3              12000000               12000000             0
  None                           1000       0           1000             0
  Regular 2-A-4              26000000               26000000             0
  None                           1000       0           1000             0
  Regular 2-M                29698447             29649446.5             0
  None                           1000       0    998.3500652             0
  R                             0.00                       0             0
  None                           1000       0              0             0
                            145698447       0    130901976.6    4225365.79
  
  
                      Principal      Negative      Closing        Interest
  Class               Adj. or Loss   Amortization  Balance        Payment
  CUSIP               Per $1,000     Per $1,000    Per $1,000    Per$1,000
  
  Regular 1-A                 0             0    20179227.27      186414.1
  None                        0             0    807.1690908      7.456564
  Regular 2-A-1               0             0     7847937.07      87775.96
  None                        0             0    356.7244123   3.989816364
  Regular 2-A-2               0             0       31000000     252421.61
  None                        0             0           1000   8.142632581
  Regular 2-A-3               0             0       12000000      97711.59
  None                        0             0           1000     8.1426325
  Regular 2-A-4               0             0       26000000     211708.45
  None                        0             0           1000   8.142632692
  Regular 2-M                 0             0     29649446.5     241424.55
  None                        0             0    998.3500652   8.129197799
  R                           0             0              0             0
  None                        0             0              0             0
                              0             0    126676610.8    1077456.26
  Total P&I Payment                5304353.94
  
  
                      Interest       Pass-Through
  Class               Adjustment     Rate (2)
  CUSIP               Per $1,000     Next Rate (3)
  
  Regular 1-A                 1531.89   0.104177221
  None                      0.0612756                    NA
  Regular 2-A-1                     0   0.097711591
  None                              0                    NA
  Regular 2-A-2                     0   0.097711591
  None                              0                    NA
  Regular 2-A-3                     0   0.097711591
  None                              0                    NA
  Regular 2-A-4                     0   0.097711591
  None                              0                    NA
  Regular 2-M                       0   0.097711591
  None                              0                    NA
  R                                 0             0
  None                              0             0
                              1531.89
  
  
  
  
  
                                     Unpaid Interest
  Class                              Shortfall
  1-A                                             0
  2-A-1                                           0
  2-A-2                                           0
  2-A-3                                           0
  2-A-4                                           0
  2-M                                             0
  B                                               0
  
  
                      Beginning                    Ending
  Loan Group          Balance        Loan Count    Balance        Loan 
  Count
  One               21472728.91           217    20179227.27           208
  Two               109429247.7          1128    106497383.6          1098
  Total             130901976.6          1345    126676610.8          1306
  
                                     Available Distribution       Insured
  Loan Group          WAMM           Amount                       Payments
  One                       349    1481447.63                            0
  Two                       343    3822906.31                            0
  Total                     344    5304353.94                            0
  
  Note:  Foreclosure, Bankruptcy and REO Totals are
  Included in the Appropriate Delinquency Aging Category
  
  Advances
                      Prior Outstanding            Current Month
                      Principal      Interest      Principal      Interest
       Servicer        28915.54   516831.0729       21698.67     374048.71
       Trustee                0             0              0             0
       Fiscal Agent           0             0              0             0
  
       Total           28915.54   516831.0729       21698.67     374048.71
  
  
                      Recovered                    Advances Outstanding
                      Principal      Interest      Principal      Interest
       Servicer        20155.32   349013.3653       30458.89   541866.4176
       Trustee                0             0              0             0
       Fiscal Agent           0             0              0             0
  
       Total           20155.32   349013.3653       30458.89   541866.4176
  
  Servicing Fees
                      Group 1                      Group 2        Total
    Gross           7741.822933                  31818.88103   39560.70397
    Less Delinquent-2573.468705                 -10550.48135  -13123.95005
    Less Allocable to341.870061                   475.573482    817.443543
    Net             5510.224289                  21743.97317   27254.19746
  
  Has Group 1 Trigger Event Occurred ?
  Has A Certificate Insurer Default Occurred ?
  
  REO Property
                      Group 1                      Group 2        Total
    Number                    0                            0             0
    Aggregate Balance         0                            0             0
    Book Value                0                            0             0
  
  Recoveries on Previously Foreclosed Loans:                                   
  0
  
  ^Total Group 1 & Group 2
                              Delinquencies & REOs
  Distribution        Delinq 1 Month               Delinq 2 Months
  Date                #              Balance       #              Balance
  06/25/96                   82    7988925.16             18    1586823.41
                    0.060966543   0.061029828      0.0133829   0.012122226
  05/28/96                   64    6184963.08             11      862766.6
                    0.046309696   0.045454848    0.007959479   0.006340689
  04/25/96                   67    7032451.47             23    2039314.37
                    0.047551455   0.050418918    0.016323634   0.014620794
  03/25/96                   77    7180372.04             21    1751089.84
                    0.053808526   0.050725529    0.014675052   0.012370523
  02/26/96                   73    7177426.53              2     145501.26
                    0.050624133   0.050163536    0.001386963   0.001016918
  01/25/96                    1      90086.65              1      102806.2
                    0.000683527   0.000653177    0.000683527     0.0007454
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  
  Distribution        Delinq 3+  Months            Foreclosure
  Date                #              Balance       #              Balance
  06/25/96                   28    2129606.71             19    1311313.93
                    0.020817844   0.016268713    0.014126394   0.010017526
  05/28/96                   27    2064080.08             14     1014056.7
                    0.019536903   0.015169443    0.010130246   0.007452557
  04/25/96                   12     935953.79              5     391100.68
                    0.008516678   0.006710288    0.003548616   0.002803983
  03/25/96                    1      98798.59              0             0
                    0.000698812    0.00069796              0             0
  02/26/96                    0             0              0             0
                              0             0              0             0
  01/25/96                    3     354124.29              0             0
                    0.002050581   0.002567592              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  Note:  Foreclosure and REO Totals are Included in the
  Appropriate Delinquency Aging Category
  
                                     Prepayments
  Distribution        Balance        Begin Pool    Prepayment $   Sched
  Date                Of REOs        Balance (#)   (# of Payoffs) 
  Principal
  06/25/96                    0   130901976.6     4157676.06      67689.73
                              0          1345             39             0
  05/28/96                    0   136068282.6     5096264.99      70041.02
                              0          1382             37             0
  04/25/96                    0   139480412.8     3342704.25      69425.89
                              0          1409             27             0
  03/25/96                    0   141553419.6     2002510.81      70496.03
                              0          1431             22             0
  02/26/96                    0   143080553.7     1457067.71      70066.36
                              0          1442             11             0
  01/25/96                    0   137920801.5     2238731.65      68482.83
                              0          1463             21             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                      Rates & Maturity
  Distribution        Current W/Avg.
  Date                Coupon         Remit         WAMM
  06/25/96                0.102598787   0.098772192            344
                                    0             0              0
  05/28/96                0.102201751   0.098372651            345
                                    0             0              0
  04/25/96                0.102237988   0.098390944            346
                                    0             0              0
  03/25/96                0.102296737   0.098440863            348
                                    0             0              0
  02/26/96                0.102380601   0.098524859            349
                                    0             0              0
  01/25/96                0.101786085   0.097906892            351
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
  
  ^Group 1
                              Delinquencies & REOs
  Distribution        Delinq 1 Month               Delinq 2 Months
  Date                #              Balance       #              Balance
  06/25/96                   17    1852958.53              5     299221.28
                    0.078341014   0.086293574    0.023041475   0.013934944
  05/28/96                   14    1524951.85              6     626775.37
                    0.062780269   0.067865286     0.02690583    0.02789353
  04/25/96                   19    2121870.21              6     463637.55
                    0.082608696   0.089868623    0.026086957   0.019636671
  03/25/96                   13    1462002.83              7     365742.09
                    0.055319149   0.060700878    0.029787234   0.015185241
  02/26/96                   20    1821230.04              2     145501.26
                    0.085106383   0.075581689    0.008510638   0.006038354
  01/25/96                    0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  
  Distribution        Delinq 3+  Months            Foreclosure
  Date                #              Balance       #              Balance
  06/25/96                   13     827337.88              9     490088.43
                    0.059907834   0.038529704    0.041474654   0.022823761
  05/28/96                   10     584388.42              6     322454.69
                    0.044843049   0.026007173     0.02690583   0.014350276
  04/25/96                    5     183174.08              2     184345.03
                     0.02173913   0.007758063    0.008695652   0.007807657
  03/25/96                    1      98798.59              0             0
                    0.004255319   0.004102017              0             0
  02/26/96                    0             0              0             0
                              0             0              0             0
  01/25/96                    0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
                                     Prepayments
  Distribution        Balance        Begin Pool    Prepayment $
  Date                Of REOs        Balance (#)   (# of Payoffs)
  06/25/96                          0   21472728.91     1284591.46
                                    0           217              9
  05/28/96                          0   22470278.17      987822.58
                                    0           223              6
  04/25/96                          0   23610801.37     1130901.33
                                    0           230              7
  03/25/96                          0   24085365.52      514780.04
                                    0           235              6
  02/26/96                          0   24096180.89         649.91
                                    0           235              0
  01/25/96                          0    21222354.3      886705.01
                                    0           242              7
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
  
                                     Rates & Maturity
  Distribution        Sched          Current W/Avg.
  Date                Principal      Coupon        Remit          WAMM
  06/25/96              8910.18   0.108703727    0.104177221           349
                              0             0              0             0
  05/28/96              9726.68   0.106450719    0.101949533           350
                              0             0              0             0
  04/25/96              9621.87   0.106390323    0.101819251           351
                              0             0              0             0
  03/25/96             10103.04   0.106482247    0.101875144           352
                              0             0              0             0
  02/26/96             10165.46   0.106507954     0.10190085           353
                              0             0              0             0
  01/25/96              9142.31   0.105742579    0.100984394           353
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  Group 2
                                             Delinquencies & REOs
  Distribution        Delinq 1 Month               Delinq 2 Months
  Date                #              Balance       #              Balance
  06/25/96                   65    6135966.63             13    1287602.13
                    0.057624113   0.056072456    0.011524823   0.011766526
  05/28/96                   50    4660011.23              5     235991.23
                    0.043140638   0.041021946    0.004314064   0.002077424
  04/25/96                   48    4910581.26             17    1575676.82
                    0.040712468   0.042380234    0.014418999   0.013598706
  03/25/96                   64    5718369.21             14    1385347.75
                    0.053511706   0.048680207    0.011705686     0.0117934
  02/26/96                   53    5356196.49              0             0
                    0.043910522   0.045015966              0             0
  01/25/96                    1      90086.65              1      102806.2
                    0.000819001   0.000771961    0.000819001   0.000880956
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  
  Distribution        Delinq 3+  Months            Foreclosure
  Date                #              Balance       #              Balance
  06/25/96                   15    1302268.83             10      821225.5
                    0.013297872   0.011900555    0.008865248   0.007504625
  05/28/96                   17    1479691.66              8     691602.01
                    0.014667817   0.013025684    0.006902502   0.006088153
  04/25/96                    7     752779.71              3     206755.65
                    0.005937235   0.006496783    0.002544529   0.001784382
  03/25/96                    0             0              0             0
                              0             0              0             0
  02/26/96                    0             0              0             0
                              0             0              0             0
  01/25/96                    3     354124.29              0             0
                    0.002457002   0.003034524              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                                      Prepayments
  Distribution        Balance        Begin Pool    Prepayment $
  Date                Of REOs        Balance (#)   (# of Payoffs)
  06/25/96                          0   109429247.7      2873084.6
                                    0          1128             30
  05/28/96                          0   113598004.5     4108442.41
                                    0          1159             31
  04/25/96                          0   115869611.4     2211802.92
                                    0          1179             20
  03/25/96                          0   117468054.1     1487730.77
                                    0          1196             16
  02/26/96                          0   118984372.8      1456417.8
                                    0          1207             11
  01/25/96                          0   116698447.2     1352026.64
                                    0          1221             14
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
  
                                     Rates & Maturity
  Distribution        Sched          Current W/Avg.
  Date                Principal      Coupon        Remit          WAMM
  06/25/96             58779.55   0.101400846    0.097711591           343
                              0             0              0             0
  05/28/96             60314.34   0.101361283    0.097665125           344
                              0             0              0             0
  04/25/96             59804.02   0.101391865    0.097692357           345
                              0             0              0             0
  03/25/96             60392.99   0.101438551    0.097736706           347
                              0             0              0             0
  02/26/96              59900.9   0.101544748    0.097841168           348
                              0             0              0             0
  01/25/96             59340.52   0.101066571    0.097347229           350
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 40666}]
metadata_filer: {"company-data": {"conformed-name": "NOMURA ASSET SECURITIES COR HOM EQ LN PASS TH CER SER 1995-2", "cik": "0001012430", "assigned-sic": "0000", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-82746-07", "film-number": "96590177"}, "business-address": {"street1": "TWO WORLD FINANCIAL CENTER", "street2": "BLDG B, 21ST FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10281", "phone": "2126671845"}}
text: ABN AMRO
  LaSalle National Bank
  
  Administrator:
    Ryan Kutty  (800) 246-5761
    135 S. LaSalle Street   Suite 1740
    Chicago, IL   60603
  
  ^Nomura Asset Securities Corporation
  ^Advanta Mortgage Corp. USA
  ^PHH Mortgage Services Corporation
  ^Home Equity Loan Pass-Through Certificates
  ^Series 1995-2
  ^ABN AMRO Acct: 67-7445-41-3
  
  Statement Date:     06/25/96
  Payment Date:       06/25/96
  Prior Payment:      05/28/96
  Record Date:        05/31/96
  
  WAC:                    0.102598787
  WAMM:                           344
  
  ^REMIC II
                      Original                     Opening        
  Principal
  Class (4)           Face Value (1)               Balance        Payment
  CUSIP               Per $1,000                   Per $1,000    Per$1,000
  
  1-A                        25000000            21240989.03    1383077.49
  655356HC0                      1000       0    849.6395612    55.3230996
  2-A-1                      22000000             9266819.77    3219898.05
  655356HD8                      1000       0    421.2190805   146.3590023
  2-A-2                      31000000               31000000             0
  655356HE6                      1000       0           1000             0
  2-A-3                      12000000               12000000             0
  655356HF3                      1000       0           1000             0
  2-A-4                      26000000               26000000             0
  655356HG1                      1000       0           1000             0
  2-M                        29698447               29698447             0
  655356HH9                      1000       0           1000             0
  B                             0.00                       0             0
  655356HJ5                      1000       0              0             0
  R                             0.00                       0             0
  655356HK2                      1000       0              0             0
                            145698447       0    129206255.8    4602975.54
  
                      Principal      Negative      Closing        Interest
  Class (4)           Adj. or Loss   Amortization  Balance        Payment
  CUSIP               Per $1,000     Per $1,000    Per $1,000    Per 1,000
  
  1-A                               0       0    19857911.54      96375.39
  655356HC0                         0       0    794.3164616     3.8550156
  2-A-1                             0       0     6046921.72      48419.13
  655356HD8                         0       0    274.8600782   2.200869545
  2-A-2                             0       0       31000000     161458.33
  655356HE6                         0       0           1000   5.208333226
  2-A-3                             0       0       12000000         63200
  655356HF3                         0       0           1000   5.266666667
  2-A-4                             0       0       26000000     143216.67
  655356HG1                         0       0           1000   5.508333462
  2-M                               0       0       29698447     176210.79
  655356HH9                         0       0           1000   5.933333484
  B                                 0       0              0             0
  655356HJ5                         0       0              0             0
  R                                 0       0              0             0
  655356HK2                         0       0              0             0
                                    0       0    124603280.3     688880.31
  Total P&I Payment                5291855.85
  
                      Interest       Pass-Through
  Class (4)           Adjustment     Rate (2)
  CUSIP               Per $1,000     Next Rate (3)
  
  1-A                               0     0.0583359
  655356HC0                         0     0.0586484
  2-A-1                             0        0.0627
  655356HD8                         0                Fixed
  2-A-2                             0        0.0625
  655356HE6                         0                Fixed
  2-A-3                             0        0.0632
  655356HF3                         0                Fixed
  2-A-4                             0        0.0661
  655356HG1                         0                Fixed
  2-M                               0        0.0712
  655356HH9                         0        0.0712
  B                                 0             0
  655356HJ5                         0             0
  R                                 0             0
  655356HK2                         0             0
                                    0
  
  Notes:  (1) N denotes notional balance not included in total
  (2) Interest Paid minus Interest Adjustment minus
  Deferred Interest equals Accrual    (3) Estimated
  
  ^REMIC I
                      Original                     Opening        
  Principal
  Class               Face Value (1)               Balance        Payment
  CUSIP               Per $1,000                   Per $1,000    Per 1,000
  
  Regular 1-A                25000000            21472728.91    1293501.64
  None                           1000       0    858.9091564    51.7400656
  Regular 2-A-1              22000000            10779801.22    2931864.15
  None                           1000       0    489.9909645   133.2665523
  Regular 2-A-2              31000000               31000000             0
  None                           1000       0           1000             0
  Regular 2-A-3              12000000               12000000             0
  None                           1000       0           1000             0
  Regular 2-A-4              26000000               26000000             0
  None                           1000       0           1000             0
  Regular 2-M                29698447             29649446.5             0
  None                           1000       0    998.3500652             0
  R                             0.00                       0             0
  None                           1000       0              0             0
                            145698447       0    130901976.6    4225365.79
  
                      Principal      Negative      Closing        Interest
  Class               Adj. or Loss   Amortization  Balance        Payment
  CUSIP               Per $1,000     Per $1,000    Per $1,000    Per$1,000
  
  Regular 1-A                 0             0    20179227.27      186414.1
  None                        0             0    807.1690908      7.456564
  Regular 2-A-1               0             0     7847937.07      87775.96
  None                        0             0    356.7244123   3.989816364
  Regular 2-A-2               0             0       31000000     252421.61
  None                        0             0           1000   8.142632581
  Regular 2-A-3               0             0       12000000      97711.59
  None                        0             0           1000     8.1426325
  Regular 2-A-4               0             0       26000000     211708.45
  None                        0             0           1000   8.142632692
  Regular 2-M                 0             0     29649446.5     241424.55
  None                        0             0    998.3500652   8.129197799
  R                           0             0              0             0
  None                        0             0              0             0
                              0             0    126676610.8    1077456.26
  Total P&I Payment                5304353.94
  
                      Interest       Pass-Through
  Class               Adjustment     Rate (2)
  CUSIP               Per $1,000     Next Rate (3)
  
  Regular 1-A                 1531.89   0.104177221
  None                      0.0612756                    NA
  Regular 2-A-1                     0   0.097711591
  None                              0                    NA
  Regular 2-A-2                     0   0.097711591
  None                              0                    NA
  Regular 2-A-3                     0   0.097711591
  None                              0                    NA
  Regular 2-A-4                     0   0.097711591
  None                              0                    NA
  Regular 2-M                       0   0.097711591
  None                              0                    NA
  R                                 0             0
  None                              0             0
                              1531.89
  
                                     Unpaid Interest
  Class                              Shortfall
  1-A                                             0
  2-A-1                                           0
  2-A-2                                           0
  2-A-3                                           0
  2-A-4                                           0
  2-M                                             0
  B                                               0
  
                      Beginning                    Ending
  Loan Group          Balance        Loan Count    Balance        Loan 
  Count
  One               21472728.91           217    20179227.27           208
  Two               109429247.7          1128    106497383.6          1098
  Total             130901976.6          1345    126676610.8          1306
  
                                     Available Distribution       Insured
  Loan Group          WAMM           Amount                       Payments
  One                       349    1481447.63                            0
  Two                       343    3822906.31                            0
  Total                     344    5304353.94                            0
  
  Note:  Foreclosure, Bankruptcy and REO Totals are
  Included in the Appropriate Delinquency Aging Category
  
  Advances
                      Prior Outstanding            Current Month
                      Principal      Interest      Principal      Interest
       Servicer        28915.54   516831.0729       21698.67     374048.71
       Trustee                0             0              0             0
       Fiscal Agent           0             0              0             0
  
       Total           28915.54   516831.0729       21698.67     374048.71
  
                      Recovered                    Advances Outstanding
                      Principal      Interest      Principal      Interest
       Servicer        20155.32   349013.3653       30458.89   541866.4176
       Trustee                0             0              0             0
       Fiscal Agent           0             0              0             0
  
       Total           20155.32   349013.3653       30458.89   541866.4176
  
  Servicing Fees
                      Group 1                      Group 2        Total
    Gross           7741.822933                  31818.88103   39560.70397
    Less Delinquent-2573.468705                 -10550.48135  -13123.95005
    Less Allocable to341.870061                   475.573482    817.443543
    Net             5510.224289                  21743.97317   27254.19746
  
  Has Group 1 Trigger Event Occurred ?
  Has A Certificate Insurer Default Occurred ?
  
  REO Property
                      Group 1                      Group 2        Total
    Number                    0                            0             0
    Aggregate Balance         0                            0             0
    Book Value                0                            0             0
  
  Recoveries on Previously Foreclosed Loans:                                   
  0
  
  ^Total Group 1 & Group 2
                              Delinquencies & REOs
  Distribution        Delinq 1 Month               Delinq 2 Months
  Date                #              Balance       #              Balance
  06/25/96                   82    7988925.16             18    1586823.41
                    0.060966543   0.061029828      0.0133829   0.012122226
  05/28/96                   64    6184963.08             11      862766.6
                    0.046309696   0.045454848    0.007959479   0.006340689
  04/25/96                   67    7032451.47             23    2039314.37
                    0.047551455   0.050418918    0.016323634   0.014620794
  03/25/96                   77    7180372.04             21    1751089.84
                    0.053808526   0.050725529    0.014675052   0.012370523
  02/26/96                   73    7177426.53              2     145501.26
                    0.050624133   0.050163536    0.001386963   0.001016918
  01/25/96                    1      90086.65              1      102806.2
                    0.000683527   0.000653177    0.000683527     0.0007454
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  Distribution        Delinq 3+  Months            Foreclosure
  Date                #              Balance       #              Balance
  06/25/96                   28    2129606.71             19    1311313.93
                    0.020817844   0.016268713    0.014126394   0.010017526
  05/28/96                   27    2064080.08             14     1014056.7
                    0.019536903   0.015169443    0.010130246   0.007452557
  04/25/96                   12     935953.79              5     391100.68
                    0.008516678   0.006710288    0.003548616   0.002803983
  03/25/96                    1      98798.59              0             0
                    0.000698812    0.00069796              0             0
  02/26/96                    0             0              0             0
                              0             0              0             0
  01/25/96                    3     354124.29              0             0
                    0.002050581   0.002567592              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  Note:  Foreclosure and REO Totals are Included in the
  Appropriate Delinquency Aging Category
  
                                     Prepayments
  Distribution        Balance        Begin Pool    Prepayment $   Sched
  Date                Of REOs        Balance (#)   (# of Payoffs) 
  Principal
  06/25/96                    0   130901976.6     4157676.06      67689.73
                              0          1345             39             0
  05/28/96                    0   136068282.6     5096264.99      70041.02
                              0          1382             37             0
  04/25/96                    0   139480412.8     3342704.25      69425.89
                              0          1409             27             0
  03/25/96                    0   141553419.6     2002510.81      70496.03
                              0          1431             22             0
  02/26/96                    0   143080553.7     1457067.71      70066.36
                              0          1442             11             0
  01/25/96                    0   137920801.5     2238731.65      68482.83
                              0          1463             21             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                      Rates & Maturity
  Distribution        Current W/Avg.
  Date                Coupon         Remit         WAMM
  06/25/96                0.102598787   0.098772192            344
                                    0             0              0
  05/28/96                0.102201751   0.098372651            345
                                    0             0              0
  04/25/96                0.102237988   0.098390944            346
                                    0             0              0
  03/25/96                0.102296737   0.098440863            348
                                    0             0              0
  02/26/96                0.102380601   0.098524859            349
                                    0             0              0
  01/25/96                0.101786085   0.097906892            351
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
  
  ^Group 1
                              Delinquencies & REOs
  Distribution        Delinq 1 Month               Delinq 2 Months
  Date                #              Balance       #              Balance
  06/25/96                   17    1852958.53              5     299221.28
                    0.078341014   0.086293574    0.023041475   0.013934944
  05/28/96                   14    1524951.85              6     626775.37
                    0.062780269   0.067865286     0.02690583    0.02789353
  04/25/96                   19    2121870.21              6     463637.55
                    0.082608696   0.089868623    0.026086957   0.019636671
  03/25/96                   13    1462002.83              7     365742.09
                    0.055319149   0.060700878    0.029787234   0.015185241
  02/26/96                   20    1821230.04              2     145501.26
                    0.085106383   0.075581689    0.008510638   0.006038354
  01/25/96                    0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  Distribution        Delinq 3+  Months            Foreclosure
  Date                #              Balance       #              Balance
  06/25/96                   13     827337.88              9     490088.43
                    0.059907834   0.038529704    0.041474654   0.022823761
  05/28/96                   10     584388.42              6     322454.69
                    0.044843049   0.026007173     0.02690583   0.014350276
  04/25/96                    5     183174.08              2     184345.03
                     0.02173913   0.007758063    0.008695652   0.007807657
  03/25/96                    1      98798.59              0             0
                    0.004255319   0.004102017              0             0
  02/26/96                    0             0              0             0
                              0             0              0             0
  01/25/96                    0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
                                     Prepayments
  Distribution        Balance        Begin Pool    Prepayment $
  Date                Of REOs        Balance (#)   (# of Payoffs)
  06/25/96                          0   21472728.91     1284591.46
                                    0           217              9
  05/28/96                          0   22470278.17      987822.58
                                    0           223              6
  04/25/96                          0   23610801.37     1130901.33
                                    0           230              7
  03/25/96                          0   24085365.52      514780.04
                                    0           235              6
  02/26/96                          0   24096180.89         649.91
                                    0           235              0
  01/25/96                          0    21222354.3      886705.01
                                    0           242              7
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
  
                                     Rates & Maturity
  Distribution        Sched          Current W/Avg.
  Date                Principal      Coupon        Remit          WAMM
  06/25/96              8910.18   0.108703727    0.104177221           349
                              0             0              0             0
  05/28/96              9726.68   0.106450719    0.101949533           350
                              0             0              0             0
  04/25/96              9621.87   0.106390323    0.101819251           351
                              0             0              0             0
  03/25/96             10103.04   0.106482247    0.101875144           352
                              0             0              0             0
  02/26/96             10165.46   0.106507954     0.10190085           353
                              0             0              0             0
  01/25/96              9142.31   0.105742579    0.100984394           353
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  Group 2
                                             Delinquencies & REOs
  Distribution        Delinq 1 Month               Delinq 2 Months
  Date                #              Balance       #              Balance
  06/25/96                   65    6135966.63             13    1287602.13
                    0.057624113   0.056072456    0.011524823   0.011766526
  05/28/96                   50    4660011.23              5     235991.23
                    0.043140638   0.041021946    0.004314064   0.002077424
  04/25/96                   48    4910581.26             17    1575676.82
                    0.040712468   0.042380234    0.014418999   0.013598706
  03/25/96                   64    5718369.21             14    1385347.75
                    0.053511706   0.048680207    0.011705686     0.0117934
  02/26/96                   53    5356196.49              0             0
                    0.043910522   0.045015966              0             0
  01/25/96                    1      90086.65              1      102806.2
                    0.000819001   0.000771961    0.000819001   0.000880956
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
  
  Distribution        Delinq 3+  Months            Foreclosure
  Date                #              Balance       #              Balance
  06/25/96                   15    1302268.83             10      821225.5
                    0.013297872   0.011900555    0.008865248   0.007504625
  05/28/96                   17    1479691.66              8     691602.01
                    0.014667817   0.013025684    0.006902502   0.006088153
  04/25/96                    7     752779.71              3     206755.65
                    0.005937235   0.006496783    0.002544529   0.001784382
  03/25/96                    0             0              0             0
                              0             0              0             0
  02/26/96                    0             0              0             0
                              0             0              0             0
  01/25/96                    3     354124.29              0             0
                    0.002457002   0.003034524              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                                      Prepayments
  Distribution        Balance        Begin Pool    Prepayment $
  Date                Of REOs        Balance (#)   (# of Payoffs)
  06/25/96                          0   109429247.7      2873084.6
                                    0          1128             30
  05/28/96                          0   113598004.5     4108442.41
                                    0          1159             31
  04/25/96                          0   115869611.4     2211802.92
                                    0          1179             20
  03/25/96                          0   117468054.1     1487730.77
                                    0          1196             16
  02/26/96                          0   118984372.8      1456417.8
                                    0          1207             11
  01/25/96                          0   116698447.2     1352026.64
                                    0          1221             14
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
                                    0             0              0
  
                                     Rates & Maturity
  Distribution        Sched          Current W/Avg.
  Date                Principal      Coupon        Remit          WAMM
  06/25/96             58779.55   0.101400846    0.097711591           343
                              0             0              0             0
  05/28/96             60314.34   0.101361283    0.097665125           344
                              0             0              0             0
  04/25/96             59804.02   0.101391865    0.097692357           345
                              0             0              0             0
  03/25/96             60392.99   0.101438551    0.097736706           347
                              0             0              0             0
  02/26/96              59900.9   0.101544748    0.097841168           348
                              0             0              0             0
  01/25/96             59340.52   0.101066571    0.097347229           350
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0
                              0             0              0             0