Ex-99.1 a)

         DELOITTE &
            TOUCHE
                                            DELOITTE & TOUCHE LLP
                                            Suite 2801
                                            One Independent Drive
                                            Jacksonville, Florida 32202-5034



INDEPENDENT ACCOUNTANTS' REPORT ON
MANAGEMENT'S ASSERTION ABOUT COMPLIANCE WITH
UNIFORM SINGLE ATTESTATION PROGRAM REQUIREMENTS


To the Board of Directors
Alliance Mortgage Company:


We have examined management's assertion about Alliance Mortgage Company's
compliance with the minimum servicing standards identified in the Mortgage
Bankers Association of America's UNIFORM SINGLE ATTESTATION PROGRAM FOR MORTGAGE
BANKERS (USAP) as of and for the year ended December 31, 1999 included in the
accompanying management assertion. Management is responsible for Alliance
Mortgage Company's compliance with those minimum servicing standards. Our
responsibility is to express an opinion on management's assertion about the
entity's compliance based on our examination.

Our examination was made in accordance with standards established by the
American Institute of Certified Public Accountants and, accordingly, included
examining, on a test basis, evidence about Alliance Mortgage Company's
compliance with the minimum servicing standards and performing such other
procedures as we considered necessary in the circumstances. We believe that our
examination provides a reasonable basis for our opinion. Our examination does
not provide a legal determination on Alliance Mortgage Company's compliance with
the minimum servicing standards.

In our opinion, management's assertion that Alliance Mortgage Company complied
with the aforementioned minimum servicing standards as of and for the year ended
December 31, 1999 is fairly stated, in all material respects.



Certified Public Accountants
March 17, 2000

<PAGE>


Ex-99.1 b)

Deloitte & Touche LLP                  Telephone: (973) 683-7000
Two Hilton Court                       Facsimile: (973) 683-7459
P.O. Box 319
Parsippany, New Jersey 07054-0319

INDEPENDENT AUDITORS' REPORT

Cendant Mortgage Corporation:

We have examined management's assertion about Cendant Mortgage Corporation's
(the "Company") compliance with the minimum servicing standards identified in
the Mortgage Bankers Association of America's Uniform Single Attestation Program
for Mortgage Bankers (USAP) as of and for the year ended December 31, 1999
included in the accompanying management assertion. Management is responsible for
the Company's compliance with those standards. Our responsibility is to express
an opinion on management's assertion about the Company's compliance based on our
examination.

Our examination was made in accordance with standards established by the
American Institute of Certified Public Accountants and, accordingly, included
examining, on a test basis, evidence about the Company's compliance with the
minimum servicing standards and performing such other procedures as we
considered necessary in the circumstances. We believe that our examination
provides a reasonable basis for our opinion. Our examination does not provide a
legal determination on the Company's compliance with the minimum servicing
standards.

In our opinion, management's assertion that the Company complied with the
aforementioned minimum servicing standards as of and for the year ended December
31, 1999, is fairly stated in all material respects.

/s/ Deloitte & Touche

January 28, 2000

Ex-99.1 c)

Ernst & Young LLP
Sears Tower
233 South Wacker Dive
Chicago, Illinois 60606-6801
Phone: 312-879-20001

Report on Management's Assertion on Compliance
with Minimum Servicing Standards Set Forth in the

<PAGE>

Uniform Single Attestation Program for Mortgage Bankers

Board of Directors
Dovenmuehle Mortgage. Inc.

We have examined management's assertion, included in the accompanying report
titled Report of Management, that Dovenmuehle Mortgage, Inc. (DMI) complied with
the minimum servicing standards set forth in the Mortgage Bankers Association of
America's Uniform Single Attestation Program for Mortgage Bankers (USAP) during
the year ended December 31, 1999. Management is responsible for DMI's compliance
with those requirements. Our responsibility is to express an opinion on
management's assertions about DMI's compliance based on our examination.

Our examination was made in accordance with attestation standards established by
the American Institute of Certified Public Accountants and, accordingly,
included examining, on a test basis, evidence about DMI's compliance with those
requirements and performing such other procedures as we considered necessary in
the circumstances. We believe that our examination provides a reasonable basis
for our opinion. Our examination does not provide a legal determination on DMI's
compliance with specified requirements.

In our opinion, management's assertion, that DMI complied with the
aforementioned requirements during the year ended December 31, 1999, is fairly
stated, in all material respects.

This report is intended solely for the information and use of the board of
directors, management, Federal Home Loan Mortage Corporation, Federal National
Mortgage Association, Government National Mortgage Association, and DMI's
private investors and is not intended to be and should not be used by anyone
other than these specified parties.

/s/ Ernst & Young LLP

March 10, 2000


Ex-99.1 d)

KPMG (LOGO)

401 South Tryon Street
Suite 2300
Charlotte, NC 28202-1911

Independent Accountants' Report
<PAGE>

The Board of Directors
First Union National Bank:

We have examined management's assertion, included in the accompanying management
assertion, that First Union National Bank (the Bank) complied with the minimum
servicing standards set forth in the Mortgage Bankers Association of America's
(MBA) Uniform Single Attestation Program for Mortgage Bankers (USAP), except for
minimum servicing standards V.4. and VI. 1., which the MBA has interpreted as
being inapplicable to the servicing of commercial and multifamily loans, as of
and for the year ended December 31, 1999. Management is responsible for the
Bank's compliance with those minimum servicing standards. Our responsibility is
to express an opinion on management's assertion about the Bank's compliance
based on our examination.

Our examination was made in accordance with attestation standards established by
the American Institute of Certified Public Accountants and, accordingly,
included examining, on a test basis, evidence about the Bank's compliance with
thc applicable minimum servicing standards and performing such other procedures
as we considered necessary, in the circumstances. We believe that our
examination provides a reasonable basis for our opinion. Our examination does
not provide a legal determination on the Bank's compliance with the applicable
minimum servicing standards.

In our opinion, management's assertion that the Bank has complied in all
material respects with the aforementioned applicable minimum servicing standards
as of and for the year ended December 31, 1999 is fairly stated, in all material
respects.


/s/ KPMG LLP
February 4, 2000