HEADLANDS MORTGAGE Statement to Noteholders =================================== =============================================================================== === Revolving Home Equity Loan LIBOR: 5.68750% Current Collection Period: 11-1-97 thru...Headlands Mortgage Securities Inc • January 30th, 1998 • Asset-backed securities
Company FiledJanuary 30th, 1998 IndustryLOSSES/RETRANSFERS Unpaid Class A Note Interest Shortfall Due (From Previous Distributions) 0.00 Unpaid Class S Note Interest Shortfall Due (From Previous Distributions) 0.00 Interest Earned on Shortfall @ applicable Certificate Rate 0.00 Investor Loss Reduction Amount (From Previous Distributions) 0.00