<PAGE>


EQUICREDIT
CORPORATION



                  SERVICER'S ANNUAL STATEMENT AS TO COMPLIANCE
                    Series EQCC Home Equity Loan Trust 1999-1
                    Series EQCC Home Equity Loan Trust 1999-2
                    Series EQCC Home Equity Loan Trust 1999-3



     I,  Gloria  J. Roberts, Vice President of EquiCredit Corporation of America
and  a  responsible  officer  as defined in the Pooling and Servicing Agreements
dated as of March 1, 1999 for Series EQCC Home Equity Loan Trust 1999-1; June 1,
1999  for  Series  EQCC Home Equity Loan Trust 1999-2; August 1, 1999 for Series
EQCC Home Equity Loan Trust 1999-3 (collectively the "Agreements" ) by and among
U.S.  Bank  National  Association  ("Trustee")  and  EquiCredit  Corporation  of
America,  (the "Representative" and "Servicer") and the Depositors listed in the
Agreements  (the  "Depositors")  in  such  capacity  hereby  certify:

     (i)     The  Servicer  has fully complied with the provisions of Articles V
             and  VII  of  the  Agreements,  and,

     (ii)     a  review  of  the activities of the Servicer during the preceding
              year  ended  December 31, 1999 and its performance under the
              Agreements has been made  under  my  supervision,  and

     (iii)     to  the  best of my knowledge, based on such review, the Servicer
               has fulfilled all its obligations under the Agreements throughout
               such preceding year.





                              EQUICREDIT  CORPORATION  OF  AMERICA
                              Representative  and  Servicer  for
                              EQCC  Home  Equity  Loan  Trust  1999-1
                              EQCC  Home  Equity  Loan  Trust  1999-2
                              EQCC  Home  Equity  Loan  Trust  1999-3



                              By:  /s/Gloria  J.  Roberts
                                 -------------------------
Dated:March  30,  2000        Gloria  J.  Roberts,  Vice  President
      ----------------



     Exhibit  99.1

<PAGE>
                LOAN SERVICING REPORT OF INDEPENDENT ACCOUNTANTS


To  the  Board  of  Directors  and  Shareholders  of
Bank  of  America  Corporation


We  have  examined  management's  assertion  about Bank of America Corporation'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  for  the  following  securitizations:  OSCC
1993-2,  EQCC  1993-3;  EQCC 1993-4; EQCC 1994-1; EQCC 1994-2; EQCC 1994-3; EQCC
1994-4;  EQCC  1995-1;  EQCC 1995-2; EQCC 1995-3; EQCC 1995-4; EQCC 1996-1; EQCC
1996-2;  EQCC  1996-3;  EQCC 1996-4; EQCC 1997-1; EQCC 1997-2; EQCC 1997-3; EQCC
1998-1;  EQCC  1998-2;  EQCC 1998-3; EQCC 1998-4; EQCC 1999-1; EQCC 1999-2; EQCC
1999-3;  EQCC  1999-A;  EFT  1996-A,  EFT 1997-A; and EFT 1997-B.  Management is
responsible  for  Bank  of  America  Corporation'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  Bank  of America Corporation'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 Bank of America Corporation's compliance
with  the  minimum  servicing  standards.

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


/s/  PriceWaterhouseCoopers
---------------------------
                                                       Exhibit  99.2

<PAGE>

March  24,  2000

PricewaterhouseCoopers  LLP
Bank  of  America  Corporate  Center
100  North  Tryon  Street,  Suite  5400
Charlotte,  North  Carolina  28202

Ladies  and  Gentlemen:

In  connection  with  your  examination  of  our  assertion that Bank of America
Corporation (the "Company") complied with the minimum servicing standards 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, we
-----------------
recognize  that  obtaining  representations  from  us concerning the information
contained  in  this letter is a significant procedure in enabling you to express
an opinion on management's assertion about compliance with the minimum servicing
standards.  Accordingly,  we  make the following representations, which are true
to  the  best  of  our  knowledge  and  belief  in  all  material  respects:

1.     The  Company has substantially complied in all material respects with the
       minimum  servicing  standards  set  forth in the Mortgage Bankers
       Association of America's  Uniform  Single  Attestation  Program for
                                 -----------------------------------------
       Mortgage Bankers (USAP), as they  apply  to  the  following
       ----------------
       securitizations: OSCC 1993-2; EQCC 1993-3; EQCC 1993-4;  EQCC  1994-1;
       EQCC 1994-2; EQCC 1994-3; EQCC 1994-4; EQCC 1995-1; EQCC 1995-2;
       EQCC 1995-3; EQCC 1995-4; EQCC 1996-1; EQCC 1996-2; EQCC 1996-3;
       EQCC 1996-4; EQCC 1997-1; EQCC 1997-2; EQCC 1997-3; EQCC 1998-1;
       EQCC 1998-2; EQCC 1998-3; EQCC 1998-4; EQCC 1999-1; EQCC 1999-2;
       EQCC 1999-3; EQCC 1999-A;  EFT 1996-A,  EFT  1997-A; and EFT 1997-B
       (the "securitizations") except as noted in Exhibit  I.

2.     With respect to securitizations, the Company maintains fidelity or surety
       bond  insurance  with  a  qualified insurer with coverage limits and
       deductibles that  meet  investor  requirements,  as  defined  in  the
       respective Pooling and Servicing  Agreement  at  December  31,  1999.

3.     We  are  not  aware  of  (a)  any  irregularities involving management or
       employees  who  have  significant  roles  it  the  system of internal
       accounting control  over  the processing of transactions and maintenance
       of records related to loans serviced for others, or any irregularities
       involving other employees or loan balances of loans serviced for others,
       or (b) any violations or possible violations  of  law,  regulations,  or
       contracts for the servicing of loans for others,  which  should  be
       considered for disclosure in the report on procedures performed  in
       accordance  with  USAP.

4.     All  bank  accounts held in trust are in the name of the Company in trust
       for  the  applicable investor and all bank accounts held in trust for
       others are maintained  in  an institution that is a member of the Federal
       Deposit Insurance Corporation  (FDIC).

5.     We  are responsible for complying with the minimum servicing standards in
       the  USAP.

6.     We are responsible for establishing and maintaining an effective internal
       control  structure  over  compliance  with  the  minimum  servicing
       standards.

7.     We  have  performed  an  evaluation  of the Company's compliance with the
       minimum  servicing  standards.

8.     As  of and for the year ended December 31, 1999, the Company has complied
       with  the  minimum servicing standards in all material respects, except
       as noted in  Exhibit  I.

9.     We  have  disclosed  to  you  all  known  noncompliance  with the minimum
       servicing  standards.

10.     We  have  made  available to you all documentation related to compliance
        with  the  minimum  servicing  standards.

11.     We  have disclosed any communications from regulatory agencies, internal
        auditors,  and  other  practitioners  concerning possible noncompliance
        with the minimum  servicing standards, including communications received
        through the date of  this  letter.

12.     We  have  disclosed to you any known noncompliance occurring through the
        date  of  this  letter.



/s/ Steve Fry                                    March 30, 2000
_____________                                    ______________
Steve  Fry                                       Date
Chief  Financial  Officer
Bank  of  America  Consumer  Finance  Group




/s/ Jon N. Dockerson                            March 30, 2000
____________________                            ______________
Jon  N.  Dickerson                              Date
Senior  Vice  President
EquiCredit  Corporation




/s/Gloria Roberts                               March 30, 2000
_________________                               ______________
Gloria  Roberts                                 Date
Vice  President
Bank  of  America  Corporation


<PAGE>

March  24,  2000

PricewaterhouseCoopers  LLP
Bank  of  America  Corporate  Center
100  North  Tryon  Street,  Suite  5400
Charlotte,  North  Carolina  28202

Ladies  and  Gentlemen:

As  of  and  for  the  12-month  period ended December 31, 1999, except as noted
below,  Bank  of  America Corporation has complied in all material respects with
the minimum servicing standards set forth in the Mortgage Bankers Association of
America's Uniform Single Attestation Program for Mortgage Bankers (USAP) for the
          -------------------------------------------------------
following  securitizations:  OSCC 1993-2, EQCC 1993-3; EQCC 1993-4; EQCC 1994-1;
EQCC  1994-2;  EQCC  1994-3; EQCC 1994-4; EQCC 1995-1; EQCC 1995-2; EQCC 1995-3;
EQCC  1995-4;  EQCC  1996-1; EQCC 1996-2; EQCC 1996-3; EQCC 1996-4; EQCC 1997-1;
EQCC  1997-2;  EQCC  1997-3; EQCC 1998-1; EQCC 1998-2; EQCC 1998-3; EQCC 1998-4;
EQCC 1999-1; EQCC 1999-2; EQCC 1999-3; EQCC 1999-A;  EFT 1996-A, EFT 1997-A; and
EFT  1997-B.  During  the  year  ended  December  31, 1999, certain instances of
noncompliance  with  the  Standards  occurred  as  noted  below.


-     CUSTODIAL  BANK  ACCOUNTS

      Standard:  Reconciliations shall be prepared within forty-five calendar
      days after  the  cutoff  date and document explanations for reconciling
      items. These reconciling  items  shall  be  resolved  within  ninety
      calendar  days of their original  identification.

      Certain  reconciliations  contained  reconciling  items  that  were not
      resolved within  ninety  calendar  days of their original identification
      during the year. One  reconciliation  was  not prepared within forty-five
      calendar days after the cutoff date.  As of December 31, 1999, these
      reconciling items had been resolved and  procedures  established  to
      facilitate  the  timely  preparation  of reconciliations  and  timely
      resolution  of  reconciling  items.

-     MORTGAGE  PAYMENTS

      Standard:  Mortgage  payments  identified  as loan payoffs shall be
      allocated in accordance  with  the  mortgagor's  loan  documents.

      Certain  mortgage  payments  identified  as  loan payoffs had related
      prepayment penalties  that were not calculated in accordance with the loan
      documents during the  year. As of the date of this letter, management has
      implemented procedures to facilitate the calculation of prepayment
      penalties in accordance with the applicable loan documents.



As  of  and  for  this  same period, Bank of America Corporation had in effect a
fidelity  bond  and  errors  and omissions policy in the amount of $275 million,
which  includes coverage adequate to meet the requirements outlined in the USAP.




/s/Steve Fry                                 March 30, 2000
------------                                 ______________
Steve  Fry                                   Date
Chief  Financial  Officer
Bank  of  America  Consumer  Finance  Group




/s/Jon N. Dickerson                           March 30, 2000
___________________                           ______________
Jon  N.  Dickerson                            Date
Senior  Vice  President
EquiCredit  Corporation




/s/ Gloria Roberts                            March 30, 2000
__________________                            ______________
Gloria  Roberts                               Date
Vice  President