<PAGE>   1
CMC SECURITIES CORPORATION II   SOURCE:  CHASE BANK OF TEXAS      EXHIBIT 28.2
BOND BALANCES AND FACTORS       MAY 1998 DISTRIBUTION

<TABLE>
<CAPTION>
 SERIES     PAYMENT DATE      CLOSING BALANCE        CURRENT BALANCE

      CLASS         CUSIP NUMBER       COUPON        CLOSING BALANCE         INTEREST PAID         PRINCIPAL PAID 
                                                        PER CLASS              PER $1000              PER $1000   
 ------------------------------------------------------------------------------------------------------------------
<S>    <C>         <C>            <C>   <C>           <C> <C>                 <C>                     <C>         
1993-2A            5/25/98        149,572,077.00          50,985,371.78
-----------------------------------------------------------------------

        A            125714AC9                        34,791,000.00
        D            125714AD7                         8,535,000.00
        E            125714AE5           7.25000      28,652,000.00            0.0036251459            0.061019688
        F            125714AG0           7.25000      10,692,000.00            0.0060416667                      0
        G            125714AH8           7.25000      16,410,000.00            0.0060416667                      0
        H            125714AJ4           7.25000       3,006,000.00            0.0060416667                      0
        I            125714AF2           7.25000      12,057,000.00            0.0011995513           0.0162617467
        J            125714AK1           7.25000       2,901,000.00            0.0060416684                      0
        KPO          125714AM7           0.00000         772,949.00                       0           0.0209222083
        LIO          125714AN5                                 0.00            0.0001011367                      0
        R            125714AL9           7.25000             128.00             0.006015625                      0


1993-2B            5/25/98        189,529,970.00          40,244,833.34
-----------------------------------------------------------------------

        2B-A         125714AP0                       189,529,000.00            0.0014637813           0.0152329571


1993-2C            5/25/98        207,040,201.00         110,521,611.89
-----------------------------------------------------------------------

        A-2          125714BB0           6.50000      27,680,000.00            0.0007447518           0.0220270278
        A-3          125714BC8                        10,312,000.00            0.0011078675           0.0220270112
        A-4          125714BD6                        33,521,000.00            0.0017529614           0.0457868548
        A-5          000005CQR                        84,357,000.00            0.0061334925                      0
        A-R          125714AZ8                             1,000.00                 0.00613                      0
        B-1          000007CQR                         5,694,392.00            0.0058135495           0.0012465001
        B-2          000008CQR                         3,623,203.00            0.0058135495           0.0012464938
        B-3          000009CQR                         2,588,003.00             0.005813552           0.0012464939
        B-4          000010CQR                         1,345,761.00            0.0058135508           0.0012464918
        B-5          000011CQR                           621,120.00            0.0058135465           0.0012464902
</TABLE>

<TABLE>
<CAPTION>

CURRENT BALANCE      % OF CURRENT        CURRENT
   PER CLASS            BALANCE          FACTOR
----------------------------------------------------------
 <C>                      <C>         <C>





  15,443,554.95           30.29        0.5390044308
  10,692,000.00           20.97                   1
  16,410,000.00           32.19                   1
   3,006,000.00            5.90                   1
   2,197,806.92            4.31        0.1822847242
   2,901,000.00            5.69                   1
     334,881.91            0.66        0.4332522715

         128.00            0.00                   1





  40,244,833.34          100.00        0.2123412952





   3,196,089.03            2.89        0.1154656441
   1,190,684.01            1.08         0.115465866
   8,045,532.01            7.28        0.2400146777
  84,357,000.00           76.33                   1
       1,000.00            0.00                   1
   5,390,255.21            4.88        0.9465901206
   3,429,688.99            3.10        0.9465903484
   2,449,778.67            2.22        0.9465903517
   1,273,884.37            1.15        0.9465903455
     587,946.20            0.53        0.9465903529
</TABLE>


                                  Page 1 of 4
<PAGE>   2
CMC SECURITIES CORPORATION II   SOURCE:  CHASE BANK OF TEXAS      EXHIBIT 28.2
BOND BALANCES AND FACTORS       MAY 1998 DISTRIBUTION

<TABLE>
<CAPTION>
 SERIES     PAYMENT DATE      CLOSING BALANCE        CURRENT BALANCE

      CLASS         CUSIP NUMBER       COUPON        CLOSING BALANCE         INTEREST PAID         PRINCIPAL PAID  
                                                        PER CLASS              PER $1000              PER $1000    
-----------------------------------------------------------------------------------------------------------------
<S>    <C>         <C>            <C>   <C>           <C> <C>                 <C>                     <C>          
        B-6          000012CQR                         1,138,722.00            0.0032304461                      0 


1993-2D            5/25/98        175,093,365.00          71,956,931.76
-----------------------------------------------------------------------

        A            125714AR6                        50,026,000.00
        AB           125714AS4                        26,754,000.00            0.0008010025           0.0144467553 
        B            125714AT2                        39,792,000.00            0.0016020029           0.0288933818 
        C            125714AU9                        29,251,000.00            0.0056891566                      0 
        D            125714AV7                        17,072,000.00            0.0056891565                      0 
        E            125714AW5                         1,897,000.00            0.0056891566                      0 
        F            125714AX3                        10,300,365.00            0.0056891566                      0 
        R            125714AY1                             1,000.00                 0.00569                      0 


1993-2E            5/25/98        317,870,015.00         170,710,877.20
-----------------------------------------------------------------------

        15A          125714BE4           6.75000      86,454,000.00            0.0038504643           0.0216070908 
        15B          125714BF1           6.75000       9,494,478.45            0.0028133816            0.021607092 
        15CPO        125714BG9           0.00000       1,972,695.84                       0           0.0319967091 
        15DIO        125714BH7                             5,911.86             0.732261502           0.0163734777 
        30A          125714BT1                        29,444,000.00
        30B          125714BL8                         9,738,000.00
        30CIO        125714BM6           1.50000               0.00                       0                      0
        30D          125714BU8           7.00000         922,000.00                       0                      0 
        30E          125714BV6           7.00000      29,092,000.00            0.0019678805           0.1472811697 
        30F          125714BW4           7.00000      11,747,000.00            0.0058333336                      0 
        30G          125714BX2           7.00000      24,409,000.00            0.0058333332                      0 
        30H          125714BY0           7.00000      21,450,000.00            0.0058333333                      0 
        30I          125714BZ7           7.00000      13,542,000.00            0.0058333333                      0 
        30J          125714CA1                        40,256,000.00            0.0040032244                      0 
        30K          125714CB9                        17,252,571.43            0.0063107128                      0 
</TABLE>


<TABLE>
<CAPTION>


CURRENT BALANCE      % OF CURRENT        CURRENT
   PER CLASS            BALANCE          FACTOR
----------------------------------------------------------
 <C>                      <C>         <C>
     599,753.40            0.54        0.5266899208






   3,380,310.08            4.70        0.1263478388
  10,055,256.68           13.97        0.2526954333
  29,251,000.00           40.65                   1
  17,072,000.00           23.73                   1
   1,897,000.00            2.64                   1
  10,300,365.00           14.31                   1
       1,000.00            0.00                   1





  41,372,527.25           24.24        0.4785496015
   4,543,578.86            2.66        0.4785496222
   1,115,909.09            0.65        0.5656771697
       2,957.24            0.00        0.5002097429



           0.02            0.00        0.0000000217
   5,529,510.73            3.24        0.1900698037
  11,747,000.00            6.88                   1
  24,409,000.00           14.30                   1
  21,450,000.00           12.57                   1
  13,542,000.00            7.93                   1
  32,403,578.22           18.98        0.8049378532
  13,887,247.79            8.13        0.8049378722
</TABLE>



                                  Page 2 of 4
<PAGE>   3
CMC SECURITIES CORPORATION II   SOURCE:  CHASE BANK OF TEXAS      EXHIBIT 28.2
BOND BALANCES AND FACTORS       MAY 1998 DISTRIBUTION

<TABLE>
<CAPTION>
 SERIES     PAYMENT DATE      CLOSING BALANCE        CURRENT BALANCE

      CLASS         CUSIP NUMBER       COUPON        CLOSING BALANCE         INTEREST PAID         PRINCIPAL PAID 
                                                        PER CLASS              PER $1000              PER $1000   
-----------------------------------------------------------------------------------------------------------------
<S>    <C>         <C>            <C>   <C>           <C> <C>                 <C>                     <C>         
        30NIO        125714BR5                                 0.00            0.0000773083                      0
        30PPO        125714BS3           0.00000       1,089,658.82                       0           0.0138484517


1993-2F            5/25/98        222,866,291.00          52,542,169.16
-----------------------------------------------------------------------

        A            125714BJ3                       222,866,000.00             0.001509564           0.0099049281


1993-2G            5/25/98        246,780,547.00         161,933,164.13
-----------------------------------------------------------------------

        2G-A1        125714CR4                        59,032,000.00            0.0021205993           0.0242693627
        2G-A2        125714CS2                        27,342,000.00            0.0022830104           0.0092467248
        2G-A3        125714CT0                        25,200,000.00
        2G-A4        125714CU7                        15,000,000.00            0.0054969267           0.0522972293
        2G-A5        125714A#2                       100,190,000.00            0.0059874925                      0
        2G-B1        125714A@4                         4,936,000.00            0.0056791451           0.0012360373
        2G-B2        125714B#1                         3,701,000.00            0.0056791435           0.0012360362
        2G-B3        125714B*5                         1,481,000.00            0.0056791425           0.0012360365
        2G-B4        125714B@3                           740,000.00            0.0056791486           0.0012360405
        2G-B5        125714C#0                         1,481,547.00            0.0040440837           0.0008801476
        2G-M         125714A*6                         7,403,000.00            0.0056791449           0.0012360367
        2GA3IO       125714CP8                                 0.00                       0                      0
        2GA4IO       125714CQ6                                 0.00             0.000324064                      0


1993-2H            5/25/98        315,871,665.00          67,750,844.25
-----------------------------------------------------------------------

        2H-A1        125714CG8                       180,386,000.00            0.0013974915           0.0093315883
        2H-A2        125714CH6                       125,000,000.00            0.0015147206           0.0101143716
        2H-A3        125714CJ2                        10,485,000.00
</TABLE>

<TABLE>
<CAPTION>


 CURRENT BALANCE      % OF CURRENT        CURRENT
    PER CLASS            BALANCE          FACTOR
-----------------------------------------------------------
  <C>                      <C>         <C>

      707,568.00            0.41        0.6493480988





   52,542,169.16          100.00        0.2357567738





   19,474,784.72           12.03         0.329902167
   10,172,587.00            6.28          0.37204985

   13,798,416.57            8.52         0.919894438
  100,190,000.00           61.87                   1
    4,675,701.38            2.89        0.9472652715
    3,505,828.76            2.16        0.9472652688
    1,402,899.87            0.87        0.9472652735
      700,976.30            0.43        0.9472652703
      999,364.97            0.62        0.6745415232
    7,012,604.56            4.33        0.9472652384







   38,690,725.16           57.11        0.2144885144
   29,060,119.09           42.89        0.2324809527
</TABLE>



                                  Page 3 of 4
<PAGE>   4
CMC SECURITIES CORPORATION II   SOURCE:  CHASE BANK OF TEXAS      EXHIBIT 28.2
BOND BALANCES AND FACTORS       MAY 1998 DISTRIBUTION

<TABLE>
<CAPTION>
 SERIES     PAYMENT DATE      CLOSING BALANCE        CURRENT BALANCE

      CLASS         CUSIP NUMBER       COUPON        CLOSING BALANCE         INTEREST PAID         PRINCIPAL PAID  
                                                        PER CLASS              PER $1000              PER $1000    
-----------------------------------------------------------------------------------------------------------------
<S>    <C>         <C>            <C>   <C>           <C> <C>                 <C>                     <C>          
1993-2I            5/25/98        367,955,786.00         225,432,368.54
-----------------------------------------------------------------------

        2I-3IO       125714CL7                                 0.00            0.0000948485                      0 
        2I-A1        125714CE3                       237,519,000.00            0.0018776958           0.0150299723 
        2I-A2        125714CD5                       130,435,853.00            0.0013594216            0.010544343 
1995-A             5/25/98        176,490,904.00          61,045,874.27
-----------------------------------------------------------------------

        A1           125714CV5                        82,117,691.00            0.0025525483           0.0276994363 
        A2           125714CW3                        94,373,113.00            0.0021146795           0.0172066457 
        R            125714CX1                               100.00


1996-A             5/25/98        115,119,131.00          49,626,562.08
-----------------------------------------------------------------------

        A            125714CY9                       115,119,031.00            0.0027533887           0.0174259409 
        R            125714CZ6                               100.00


1996-B             5/25/98        207,490,355.00         106,513,783.76
-----------------------------------------------------------------------

        A1           125714DA0           0.00000      41,914,009.00            0.0027586641           0.0308251721 
        A2           125714DB8           0.00000     165,576,246.00            0.0034768635           0.0166579378 
        R            125714DC6                               100.00


1996-C             5/25/98        266,806,262.00          96,052,826.75
-----------------------------------------------------------------------

        A            125714DD4           0.00000     266,806,062.00            0.0018817953           0.0269088052 
        R            N/A                                     100.00
        X            N/A                                     100.00
</TABLE>

<TABLE>
<CAPTION>


CURRENT BALANCE      % OF CURRENT        CURRENT
   PER CLASS            BALANCE          FACTOR
----------------------------------------------------------
 <C>                      <C>         <C>



 130,435,853.00           57.86                   1
  65,532,902.51           29.07        0.2759059381
  29,463,613.03           13.07        0.2258858462



  30,522,693.87           50.00        0.3716944972
  30,523,180.40           50.00         0.323430895






  49,626,562.08          100.00        0.4310891227






  16,893,558.97           15.86        0.4030528068
  89,620,224.79           84.14        0.5412625721






  96,052,826.75          100.00        0.3600099114
</TABLE>



                                  Page 4 of 4