Common use of Computational Materials Clause in Contracts

Computational Materials. Information Relating to the Collateral (page 3 of 8) ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT. ------------------------------------------------------------------------------- ADJUSTABLE RATE HOME EQUITY LOANS Preliminary characteristics of the Initial Home Equity Loans as of the Cut-Off Date 3/1/98: Combined Loan-to-Value Ratios Range of Number of Aggregate % of Aggregate Original CLTV's Home Equity Loans Loan Balance Loan Balance --------------- -------------------- ----------------------- -------------------- Up to 10.00% 1 9,991.37 0.00 10.01 - 15.00 2 108,838.79 0.02 15.01 - 20.00 3 286,489.89 0.06 20.01 - 25.00 9 303,206.51 0.07 25.01 - 30.00 11 513,099.16 0.12 30.01 - 35.00 17 832,296.21 0.19 35.01 - 40.00 27 1,493,778.75 0.34 40.01 - 45.00 46 3,266,474.95 0.74 45.01 - 50.00 75 4,666,319.52 1.06 50.01 - 55.00 77 5,618,469.32 1.27 55.01 - 60.00 161 12,684,123.12 2.88 60.01 - 65.00 371 29,630,143.37 6.72 65.01 - 70.00 510 40,429,080.64 9.17 70.01 - 75.00 812 81,555,378.47 18.50 75.01 - 80.00 1,332 136,288,070.75 30.92 80.01 - 85.00 573 58,217,379.89 13.21 85.01 - 90.00 468 56,814,777.67 12.89 90.01 - 95.00 27 3,566,229.20 0.81 95.01 - 100.00 46 4,563,401.63 1.04 -------------------- ----------------------- -------------------- Total 4,568 $ 440,847,549.21 100.00% Cut-Off Date Coupon Rates Range of Number of Aggregate % of Aggregate Coupon Rates Home Equity Loans Loan Balance Loan Balance ------------ ------------------ ----------------------- -------------------- 5.001 - 6.000% 1 78,428.36 0.02 6.001 - 7.000 17 3,154,164.17 0.72 7.001 - 8.000 105 14,828,987.25 3.36 8.001 - 9.000 475 59,248,899.34 13.44 9.001 - 10.000 1,146 121,764,555.46 27.62 10.001 - 11.000 1,390 131,948,223.91 29.93 11.001 - 12.000 855 70,423,793.64 15.97 12.001 - 13.000 364 26,236,251.69 5.95 13.001 - 14.000 143 8,826,493.21 2.00 14.001 - 15.000 61 3,822,266.38 0.87 15.001 - 16.000 7 345,653.15 0.08 16.001 - 17.000 4 169,832.65 0.04 ------------------ ----------------------- -------------------- Total 4,568 $ 440,847,549.21 100.00% ------------------------------------------------------------------------------- BEAR XXXXXXX This information should be considered only after reading Bear Xxxxxxx' Statement Regarding Assumptions as to Securities, Pricing Estimates and Other Information (the "Statement"), which should be attached. Do not use or rely on this information if you have not received and reviewed this Statement. You may obtain a copy of the Statement from your sales representative.

Computational Materials. Information Relating to the Collateral (page 3 8 of 8) ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT. ------------------------------------------------------------------------------- ADJUSTABLE RATE HOME EQUITY LOANS Adjustable Rate Home Equity Loans Preliminary characteristics of the Initial Home Equity Loans as of the Cut-Off Date 3/1/98: Combined Loan-to-Value Ratios Range Distribution of Next Coupon Rate Change CMT Loans Month of Next Number of Aggregate % of Aggregate Original CLTV's Coupon Rate Change Home Equity Loans Loan Balance Loan Balance --------------- -------------------- ----------------------- -------------------- Up to 10.00------------------ ----------------- ------------------ ------------------ April 1998 21 2,465,977.56 0.56 May 1998 38 4,910,707.91 1.11 June 1998 106 13,651,368.43 3.10 July 1998 79 11,876,717.51 2.69 August 1998 11 2,340,872.49 0.53 September 1998 1 169,579.47 0.04 October 1998 13 1,198,774.46 0.27 November 1998 6 718,295.66 0.16 December 1998 12 932,701.19 0.21 January 1999 14 1,250,111.32 0.28 February 1999 2 287,902.65 0.07 March 1999 1 69,551.91 0.02 July 1999 1 113,961.22 0.03 August 1999 1 113,939.81 0.03 September 1999 1 68,537.52 0.02 November 1999 4 433,780.91 0.10 January 2000 1 46,300.00 0.01 April 2000 8 824,539.20 0.19 May 2000 16 2,152,311.98 0.49 June 2000 38 4,323,594.42 0.98 July 2000 13 1,521,177.92 0.35 August 2000 1 58,901.20 0.01 September 2000 1 154,954.52 0.04 ----------------- ------------------ ------------------ Subtotal 389 $ 49,684,559.26 11.27% 1 9,991.37 0.00 10.01 - 15.00 2 108,838.79 0.02 15.01 - 20.00 3 286,489.89 0.06 20.01 - 25.00 9 303,206.51 0.07 25.01 - 30.00 11 513,099.16 0.12 30.01 - 35.00 17 832,296.21 0.19 35.01 - 40.00 27 1,493,778.75 0.34 40.01 - 45.00 46 3,266,474.95 0.74 45.01 - 50.00 75 4,666,319.52 1.06 50.01 - 55.00 77 5,618,469.32 1.27 55.01 - 60.00 161 12,684,123.12 2.88 60.01 - 65.00 371 29,630,143.37 6.72 65.01 - 70.00 510 40,429,080.64 9.17 70.01 - 75.00 812 81,555,378.47 18.50 75.01 - 80.00 1,332 136,288,070.75 30.92 80.01 - 85.00 573 58,217,379.89 13.21 85.01 - 90.00 468 56,814,777.67 12.89 90.01 - 95.00 27 3,566,229.20 0.81 95.01 - 100.00 46 4,563,401.63 1.04 -------------------- ----------------------- -------------------- Total 4,568 $ 440,847,549.21 100.00% Cut-Off Date Coupon Rates Range ================= ================== ================== Distribution of Remaining Term to Maturity Months Remaining Number of Aggregate % of Aggregate Coupon Rates to Maturity Home Equity Loans Loan Balance Loan Balance ------------ ------------------ ----------------------- -------------------- 5.001 ---------------- ----------------- ----------------- -------------- 61 - 6.000% 1 78,428.36 0.02 6.001 120 10 816,189.81 0.19 121 - 7.000 17 3,154,164.17 0.72 7.001 180 41 2,921,747.80 0.66 181 - 8.000 105 14,828,987.25 3.36 8.001 240 14 1,795,891.69 0.41 301 - 9.000 475 59,248,899.34 13.44 9.001 - 10.000 1,146 121,764,555.46 27.62 10.001 - 11.000 1,390 131,948,223.91 29.93 11.001 - 12.000 855 70,423,793.64 15.97 12.001 - 13.000 364 26,236,251.69 5.95 13.001 - 14.000 143 8,826,493.21 2.00 14.001 - 15.000 61 3,822,266.38 0.87 15.001 - 16.000 7 345,653.15 0.08 16.001 - 17.000 4 169,832.65 0.04 ------------------ ----------------------- -------------------- 360 4,503 435,313,719.91 98.74 ----------------- ----------------- -------------- Total 4,568 $ 440,847,549.21 100.00% ------------------------------------------------------------------------------- BEAR XXXXXXX This information should be considered only after reading Bear Xxxxxxx' Statement Regarding Assumptions as to Securities, Pricing Estimates and Other Information (the "Statement"), which should be attached. Do not use or rely on this information if you have not received and reviewed this Statement. You may obtain a copy of the Statement from your sales representative.

Computational Materials. Information Relating to the Collateral (page 3 4 of 8) ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT. ------------------------------------------------------------------------------- ADJUSTABLE RATE HOME EQUITY LOANS Preliminary characteristics of the Initial Home Equity Loans as of the Cut-Off Date 3/1/98: Combined Loan-to-Value Ratios Range Distribution of Months Since Origination Number of Months Number of Aggregate % of Aggregate Original CLTV's Since Origination Home Equity Loans Loan Balance Loan Balance --------------- -------------------- ----------------- ----------------------- ----------------------- -------------------- Up to 10.00% 0 - 1 9,991.37 0.00 10.01 265 20,696,068.28 4.69 2 - 15.00 12 4,278 417,688,364.08 94.75 13 - 24 23 2,394,310.30 0.54 25 - 36 2 108,838.79 68,806.55 0.02 15.01 - 20.00 3 286,489.89 0.06 20.01 - 25.00 9 303,206.51 0.07 25.01 - 30.00 11 513,099.16 0.12 30.01 - 35.00 17 832,296.21 0.19 35.01 - 40.00 27 1,493,778.75 0.34 40.01 - 45.00 46 3,266,474.95 0.74 45.01 - 50.00 75 4,666,319.52 1.06 50.01 - 55.00 77 5,618,469.32 1.27 55.01 - 60.00 161 12,684,123.12 2.88 60.01 - 65.00 371 29,630,143.37 6.72 65.01 - 70.00 510 40,429,080.64 9.17 70.01 - 75.00 812 81,555,378.47 18.50 75.01 - 80.00 1,332 136,288,070.75 30.92 80.01 - 85.00 573 58,217,379.89 13.21 85.01 - 90.00 468 56,814,777.67 12.89 90.01 - 95.00 27 3,566,229.20 0.81 95.01 - 100.00 46 4,563,401.63 1.04 -------------------- ----------------------- ----------------------- -------------------- Total 4,568 $ 440,847,549.21 100.00% Cut-Off Date Coupon Rates Range of Loan Balances Cut-Off Date Number of Aggregate % of Aggregate Coupon Rates Loan Balances ($) Home Equity Loans Loan Balance Loan Balance ------------ ------------------ ----------------- -------------------- ----------------------- -------------------- 5.001 Up to 25,000.00 132 2,752,362.38 0.62 25,000.01 - 6.000% 50,000.00 894 35,137,872.87 7.97 50,000.01 - 75,000.00 1,152 71,602,053.84 16.24 75,000.01 - 100,000.00 844 73,650,860.13 16.71 100,000.01 - 125,000.00 515 57,427,351.88 13.03 125,000.01 - 150,000.00 375 51,399,637.64 11.66 150,000.01 - 175,000.00 201 32,369,364.60 7.34 175,000.01 - 200,000.00 132 24,691,235.87 5.60 200,000.01 - 225,000.00 92 19,537,048.29 4.43 225,000.01 - 250,000.00 58 13,718,120.68 3.11 250,000.01 - 275,000.00 40 10,452,862.32 2.37 275,000.01 - 300,000.00 30 8,620,024.35 1.96 300,000.01 - 325,000.00 24 7,586,777.01 1.72 325,000.01 - 350,000.00 17 5,736,829.85 1.30 350,000.01 - 375,000.00 16 5,793,720.65 1.31 375,000.01 - 400,000.00 13 5,060,193.01 1.15 400,000.01 - 425,000.00 8 3,315,348.66 0.75 425,000.01 - 450,000.00 7 3,080,727.43 0.70 450,000.01 - 475,000.00 6 2,801,394.25 0.64 475,000.01 - 500,000.00 9 4,372,998.65 0.99 525,000.01 - 550,000.00 2 1,074,195.09 0.24 650,000.01 - 675,000.00 1 78,428.36 0.02 6.001 - 7.000 17 3,154,164.17 0.72 7.001 - 8.000 105 14,828,987.25 3.36 8.001 - 9.000 475 59,248,899.34 13.44 9.001 - 10.000 1,146 121,764,555.46 27.62 10.001 - 11.000 1,390 131,948,223.91 29.93 11.001 - 12.000 855 70,423,793.64 15.97 12.001 - 13.000 364 26,236,251.69 5.95 13.001 - 14.000 143 8,826,493.21 2.00 14.001 - 15.000 61 3,822,266.38 0.87 15.001 - 16.000 7 345,653.15 0.08 16.001 - 17.000 4 169,832.65 0.04 ------------------ 666,569.76 0.15 -------------------- ----------------------- -------------------- Total 4,568 $ 440,847,549.21 100.00% ------------------------------------------------------------------------------- BEAR XXXXXXX This information should be considered only after reading Bear Xxxxxxx' Statement Regarding Assumptions as to Securities, Pricing Estimates and Other Information (the "Statement"), which should be attached. Do not use or rely on this information if you have not received and reviewed this Statement. You may obtain a copy of the Statement from your sales representative.

Computational Materials. Information Relating to the Collateral (page 3 7 of 8) ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT. ------------------------------------------------------------------------------- ADJUSTABLE RATE HOME EQUITY LOANS Adjustable Rate Home Equity Loans Preliminary characteristics of the Initial Home Equity Loans as of the Cut-Off Date 3/1/98: Combined LoanDistribution of Next Coupon Rate Change Six-to-Value Ratios Range Month LIBOR Loans Month of Next Number of Aggregate % of Aggregate Original CLTV's Coupon Rate Change Home Equity Loans Loan Balance Loan Balance --------------- -------------------- ----------------------- -------------------- Up to 10.00% ------------------ ----------------- ----------------- ---------------- April 1998 163 18,014,515.33 4.09 May 1998 216 21,572,914.14 4.89 June 1998 271 24,738,646.24 5.61 July 1998 307 32,532,512.00 7.38 August 1998 195 19,041,116.68 4.32 September 1998 228 25,817,047.36 5.86 November 1998 4 438,958.07 0.10 December 1998 6 525,267.16 0.12 January 1999 19 1,506,390.91 0.34 February 1999 14 1,171,651.02 0.27 March 1999 6 847,521.29 0.19 April 1999 7 855,495.51 0.19 May 1999 13 1,309,072.80 0.30 June 1999 66 6,187,978.29 1.40 July 1999 113 9,237,503.42 2.10 August 1999 103 8,739,035.02 1.98 September 1999 187 16,909,260.31 3.84 October 1999 187 16,131,199.99 3.66 November 1999 425 39,099,321.95 8.87 December 1999 561 49,950,429.08 11.33 January 2000 564 50,761,526.14 11.51 February 2000 204 15,435,077.61 3.50 March 2000 8 510,720.00 0.12 May 2000 1 9,991.37 0.00 10.01 - 15.00 54,483.94 0.01 July 2000 2 108,838.79 0.02 15.01 - 20.00 155,652.64 0.04 August 2000 11 1,012,969.01 0.23 September 2000 18 1,627,831.29 0.37 October 2000 56 4,999,206.03 1.13 November 2000 102 9,237,715.02 2.10 December 2000 79 7,817,734.56 1.77 January 2001 29 3,124,228.20 0.71 February 2001 5 692,235.00 0.16 March 2001 2 167,700.00 0.04 January 2002 1 64,276.08 0.01 August 2002 1 127,642.60 0.03 October 2002 1 33,269.31 0.01 November 2002 3 286,489.89 0.06 20.01 - 25.00 9 303,206.51 0.07 25.01 - 30.00 11 513,099.16 0.12 30.01 - 35.00 17 832,296.21 0.19 35.01 - 40.00 27 1,493,778.75 0.34 40.01 - 45.00 46 3,266,474.95 0.74 45.01 - 50.00 75 4,666,319.52 1.06 50.01 - 55.00 77 5,618,469.32 1.27 55.01 - 60.00 161 12,684,123.12 2.88 60.01 - 65.00 371 29,630,143.37 6.72 65.01 - 70.00 510 40,429,080.64 9.17 70.01 - 75.00 812 81,555,378.47 18.50 75.01 - 80.00 1,332 136,288,070.75 30.92 80.01 - 85.00 573 58,217,379.89 13.21 85.01 - 90.00 468 56,814,777.67 12.89 90.01 - 95.00 27 3,566,229.20 0.81 95.01 - 100.00 46 4,563,401.63 1.04 -------------------- ----------------------- -------------------- Total 4,568 664,932.90 0.15 December 2002 1 49,953.05 0.01 ----------------- ----------------- ---------------- Subtotal 4,179 $ 440,847,549.21 100.00% Cut-Off Date Coupon Rates Range of Number of Aggregate % of Aggregate Coupon Rates Home Equity Loans Loan Balance Loan Balance ------------ ------------------ ----------------------- -------------------- 5.001 - 6.000% 1 78,428.36 0.02 6.001 - 7.000 17 3,154,164.17 0.72 7.001 - 8.000 105 14,828,987.25 3.36 8.001 - 9.000 475 59,248,899.34 13.44 9.001 - 10.000 1,146 121,764,555.46 27.62 10.001 - 11.000 1,390 131,948,223.91 29.93 11.001 - 12.000 855 70,423,793.64 15.97 12.001 - 13.000 364 26,236,251.69 5.95 13.001 - 14.000 143 8,826,493.21 2.00 14.001 - 15.000 61 3,822,266.38 0.87 15.001 - 16.000 7 345,653.15 0.08 16.001 - 17.000 4 169,832.65 0.04 ------------------ ----------------------- -------------------- Total 4,568 $ 440,847,549.21 100.00391,162,989.95 88.73% ------------------------------------------------------------------------------- BEAR XXXXXXX This information should be considered only after reading Bear Xxxxxxx' Statement Regarding Assumptions as to Securities, Pricing Estimates and Other Information (the "Statement"), which should be attached. Do not use or rely on this information if you have not received and reviewed this Statement. You may obtain a copy of the Statement from your sales representative.

Computational Materials. Information Relating to the Collateral (page 3 6 of 8) ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT. ------------------------------------------------------------------------------- ADJUSTABLE RATE HOME EQUITY LOANS Preliminary characteristics of the Initial Home Equity Loans as of the Cut-Off Date 3/1/98: Combined LoanDistribution of Margins Six-to-Value Ratios Range of Month LIBOR Loans Number of Aggregate % of Aggregate Original CLTV's Range of Margins Home Equity Loans Loan Balance Loan Balance --------------- -------------------- ---------------- ----------------------- ----------------------- -------------------- Up to 10.002.000% 1 9,991.37 0.00 10.01 3 331,950.86 0.08 2.001 - 15.00 2 108,838.79 0.02 15.01 3.000 6 582,821.75 0.13 3.001 - 20.00 4.000 31 4,336,499.83 0.98 4.001 - 5.000 150 17,111,896.28 3.88 5.001 - 6.000 776 80,573,393.35 18.28 6.001 - 7.000 1,559 150,946,676.55 34.24 7.001 - 8.000 894 73,901,964.90 16.76 8.001 - 9.000 402 30,006,935.95 6.81 9.001 - 10.000 170 14,806,085.78 3.36 10.001 - 11.000 100 10,620,192.87 2.41 11.001 - 12.000 66 5,741,475.51 1.30 12.001 - 13.000 19 1,934,470.28 0.44 13.001 - 14.000 3 286,489.89 268,626.04 0.06 20.01 - 25.00 9 303,206.51 0.07 25.01 - 30.00 11 513,099.16 0.12 30.01 - 35.00 17 832,296.21 0.19 35.01 - 40.00 27 1,493,778.75 0.34 40.01 - 45.00 46 3,266,474.95 0.74 45.01 - 50.00 75 4,666,319.52 1.06 50.01 - 55.00 77 5,618,469.32 1.27 55.01 - 60.00 161 12,684,123.12 2.88 60.01 - 65.00 371 29,630,143.37 6.72 65.01 - 70.00 510 40,429,080.64 9.17 70.01 - 75.00 812 81,555,378.47 18.50 75.01 - 80.00 1,332 136,288,070.75 30.92 80.01 - 85.00 573 58,217,379.89 13.21 85.01 - 90.00 468 56,814,777.67 12.89 90.01 - 95.00 27 3,566,229.20 0.81 95.01 - 100.00 46 4,563,401.63 1.04 -------------------- ----------------------- ----------------------- -------------------- Total 4,568 Subtotal 4,179 $ 440,847,549.21 100.00% Cut-Off Date Coupon Rates Range of 391,162,989.95 88.73 CMT Loans Number of Aggregate % of Aggregate Coupon Rates Range of Margins Home Equity Loans Loan Balance Loan Balance ------------ ------------------ ---------------- ----------------------- ----------------------- -------------------- 3.001 - 4.000% 9 986,817.88 0.22 4.001 - 5.000 17 2,536,269.54 0.58 5.001 - 6.000% 1 78,428.36 0.02 6.000 90 11,406,677.85 2.59 6.001 - 7.000 17 3,154,164.17 0.72 147 20,333,286.28 4.61 7.001 - 8.000 105 14,828,987.25 3.36 116 13,323,420.22 3.02 8.001 - 9.000 475 59,248,899.34 13.44 6 863,089.66 0.20 9.001 - 10.000 1,146 121,764,555.46 27.62 10.001 - 11.000 1,390 131,948,223.91 29.93 11.001 - 12.000 855 70,423,793.64 15.97 3 183,321.33 0.04 12.001 - 13.000 364 26,236,251.69 5.95 13.001 - 14.000 143 8,826,493.21 2.00 14.001 - 15.000 61 3,822,266.38 0.87 15.001 - 16.000 7 345,653.15 0.08 16.001 - 17.000 4 169,832.65 0.04 ------------------ 1 51,676.50 0.01 ----------------------- ----------------------- -------------------- Subtotal 389 $ 49,684,559.26 11.27 Total 4,568 $ 440,847,549.21 100.00% ======================= ======================= ==================== ------------------------------------------------------------------------------- BEAR XXXXXXX This information should be considered only after reading Bear Xxxxxxx' Statement Regarding Assumptions as to Securities, Pricing Estimates and Other Information (the "Statement"), which should be attached. Do not use or rely on this information if you have not received and reviewed this Statement. You may obtain a copy of the Statement from your sales representative.

Computational Materials. Information Relating to the Collateral (page 3 5 of 8) ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT. ------------------------------------------------------------------------------- ADJUSTABLE RATE HOME EQUITY LOANS Adjustable Rate Home Equity Loans Preliminary characteristics of the Initial Home Equity Loans as of the Cut-Off Date 3/1/98: Combined Loan-to-Value Ratios Range Distribution of Number of Aggregate % of Aggregate Original CLTV's Home Equity Loans Loan Balance Loan Balance --------------- -------------------- ----------------------- -------------------- Up to 10.00% 1 9,991.37 0.00 10.01 - 15.00 2 108,838.79 0.02 15.01 - 20.00 3 286,489.89 0.06 20.01 - 25.00 9 303,206.51 0.07 25.01 - 30.00 11 513,099.16 0.12 30.01 - 35.00 17 832,296.21 0.19 35.01 - 40.00 27 1,493,778.75 0.34 40.01 - 45.00 46 3,266,474.95 0.74 45.01 - 50.00 75 4,666,319.52 1.06 50.01 - 55.00 77 5,618,469.32 1.27 55.01 - 60.00 161 12,684,123.12 2.88 60.01 - 65.00 371 29,630,143.37 6.72 65.01 - 70.00 510 40,429,080.64 9.17 70.01 - 75.00 812 81,555,378.47 18.50 75.01 - 80.00 1,332 136,288,070.75 30.92 80.01 - 85.00 573 58,217,379.89 13.21 85.01 - 90.00 468 56,814,777.67 12.89 90.01 - 95.00 27 3,566,229.20 0.81 95.01 - 100.00 46 4,563,401.63 1.04 -------------------- ----------------------- -------------------- Total 4,568 $ 440,847,549.21 100.00% Cut-Off Date Minimum Coupon Rates Range of Minimum Number of Aggregate % of Aggregate Coupon Rates Home Equity Loans Loan Balance Loan Balance ------------ ------------------ ----------------------- -------------------- ---------------- ----------------- ----------------- ---------------- Up to 5.000% 9 1,082,197.53 0.25 5.001 - 6.000% 1 78,428.36 0.02 6.000 41 5,088,399.86 1.15 6.001 - 7.000 17 3,154,164.17 0.72 96 12,735,002.64 2.89 7.001 - 8.000 105 14,828,987.25 3.36 165 20,218,779.92 4.59 8.001 - 9.000 475 59,248,899.34 13.44 564 66,765,039.67 15.14 9.001 - 10.000 1,146 121,764,555.46 27.62 1,187 124,734,193.75 28.29 10.001 - 11.000 1,390 131,948,223.91 29.93 1,296 120,085,412.32 27.24 11.001 - 12.000 855 70,423,793.64 15.97 715 57,096,802.57 12.95 12.001 - 13.000 364 26,236,251.69 5.95 305 21,187,501.73 4.81 13.001 - 14.000 143 8,826,493.21 2.00 125 8,076,942.60 1.83 14.001 - 15.000 61 3,822,266.38 0.87 55 3,304,009.99 0.75 15.001 - 16.000 7 345,653.15 0.08 6 303,433.98 0.07 16.001 - 17.000 4 169,832.65 0.04 ------------------ ----------------------- -------------------- ----------------- ----------------- ---------------- Total 4,568 $ 440,847,549.21 100.00% Distribution of Maximum Coupon Rates Range of Maximum Number of Aggregate % of Aggregate Coupon Rates Home Equity Loans Loan Balance Loan Balance ---------------- ----------------- ----------------- --------------- 7.001 - 8.000% 1 39,053.39 0.01 8.001 - 9.000 1 254,091.42 0.06 9.001 - 10.000 1 90,940.61 0.02 10.001 - 11.000 2 249,083.38 0.06 11.001 - 12.000 13 1,143,754.17 0.26 12.001 - 13.000 53 7,240,689.25 1.64 13.001 - 14.000 110 14,696,908.93 3.33 14.001 - 15.000 368 45,122,024.71 10.24 15.001 - 16.000 840 91,478,018.02 20.75 16.001 - 17.000 1,264 126,833,802.28 28.77 17.001 - 18.000 1,017 89,071,898.09 20.20 18.001 - 19.000 530 40,074,017.52 9.09 19.001 - 20.000 231 15,684,445.05 3.56 20.001 - 21.000 106 6,655,546.01 1.51 21.001 - 22.000 23 1,858,183.31 0.42 22.001 - 23.000 6 282,749.52 0.06 23.001 - 24.000 2 72,343.55 0.02 ----------------- ----------------- --------------- Total 4,568 $ 440,847,549.21 100.00% ------------------------------------------------------------------------------- BEAR XXXXXXX This information should be considered only after reading Bear Xxxxxxx' Statement Regarding Assumptions as to Securities, Pricing Estimates and Other Information (the "Statement"), which should be attached. Do not use or rely on this information if you have not received and reviewed this Statement. You may obtain a copy of the Statement from your sales representative.

Computational Materials. Information Relating to the Collateral (page 3 of 8) ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 5) -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT. ------------------------------------------------------------------------------- ADJUSTABLE -------------------------------------------------------------------------------- FIXED RATE HOME EQUITY LOANS Preliminary characteristics of the Initial Home Equity Loans as of the Cut-Off Statistical Calculation Date 3/1/982/11/98: Combined Loan-to-Value Ratios Range of Number of Home Aggregate % of Aggregate Original CLTV's Home Equity Loans Loan Balance Loan Balance --------------- -------------------- ----------------------- -------------------- Up ------------------ -------------- ---------------- ---------------- 5.01 to 10.00% 1 9,991.37 0.00 7 $78,575.58 0.01% 10.01 - to 15.00 2 108,838.79 0.02 16 374,889.78 0.06 15.01 - to 20.00 3 286,489.89 0.06 35 846,859.22 0.14 20.01 - to 25.00 9 303,206.51 0.07 44 1,364,198.88 0.22 25.01 - to 30.00 11 513,099.16 0.12 76 2,609,924.77 0.43 30.01 - to 35.00 17 832,296.21 0.19 92 3,237,485.03 0.53 35.01 - to 40.00 27 1,493,778.75 0.34 123 4,760,633.98 0.78 40.01 - to 45.00 46 3,266,474.95 0.74 137 6,232,427.17 1.03 45.01 - to 50.00 75 4,666,319.52 1.06 255 11,335,029.06 1.87 50.01 - to 55.00 77 5,618,469.32 1.27 237 11,961,575.93 1.97 55.01 - to 60.00 161 12,684,123.12 2.88 435 20,425,898.04 3.36 60.01 - to 65.00 371 29,630,143.37 6.72 695 38,065,570.77 6.27 65.01 - to 70.00 510 40,429,080.64 9.17 1042 57,230,621.99 9.43 70.01 - to 75.00 812 81,555,378.47 18.50 1481 91,037,266.50 15.00 75.01 - to 80.00 1,332 136,288,070.75 30.92 2739 191,012,615.90 31.46 80.01 - to 85.00 573 58,217,379.89 13.21 1154 76,586,745.88 12.62 85.01 - to 90.00 468 56,814,777.67 12.89 896 64,548,114.63 10.63 90.01 - to 95.00 27 3,566,229.20 0.81 182 7,521,381.09 1.24 95.01 - to 100.00 46 4,563,401.63 1.04 -------------------- ----------------------- -------------------- 606 17,876,446.52 2.94 ------- --------------- ------ Total 4,568 $ 440,847,549.21 10,252 $607,106,260.72 100.00% Statistical Cut-Off Date Coupon Rates Range of Number of Home Aggregate % of Aggregate Coupon Rates Home Equity Loans Loan Balance Loan Balance ------------ ------------------ ----------------------- -------------------- 5.001 - 6.000-------------- ---------------- ---------------- 6.001 to 7.000% 1 78,428.36 10 $981,862.37 0.16% 7.001 to 8.000 48 4,330,669.90 0.71 8.001 to 9.000 333 29,679,006.73 4.89 9.001 to 10.000 1,553 118,965,648.40 19.60 10.001 to 11.000 2,673 177,228,202.33 29.19 11.001 to 12.000 2,429 139,040,384.87 22.90 12.001 to 13.000 1,326 62,844,638.87 10.35 13.001 to 14.000 1,120 47,252,237.22 7.78 14.001 to 15.000 583 20,853,066.85 3.43 15.001 to 16.000 131 4,822,992.61 0.79 16.001 to 17.000 39 973,334.04 0.16 17.001 to 18.000 7 134,216.53 0.02 6.001 - 7.000 17 3,154,164.17 0.72 7.001 - 8.000 105 14,828,987.25 3.36 8.001 - 9.000 475 59,248,899.34 13.44 9.001 - 10.000 1,146 121,764,555.46 27.62 10.001 - 11.000 1,390 131,948,223.91 29.93 11.001 - 12.000 855 70,423,793.64 15.97 12.001 - 13.000 364 26,236,251.69 5.95 13.001 - 14.000 143 8,826,493.21 2.00 14.001 - 15.000 61 3,822,266.38 0.87 15.001 - 16.000 7 345,653.15 0.08 16.001 - 17.000 4 169,832.65 0.04 ------------------ ----------------------- -------------------- ------- --------------- ------ Total 4,568 $ 440,847,549.21 10,252 $607,106,260.72 100.00% ------------------------------------------------------------------------------- -------------------------------------------------------------------------------- BEAR XXXXXXX This information should be considered only after reading Bear Xxxxxxx' Statement Regarding Assumptions as to Securities, Pricing Estimates and Other Information (the "Statement"), which should be attached. Do not use or rely on this information if you have not received and reviewed this Statement. You may obtain a copy of the Statement from your sales representative.