8-K 1 abn98005_200209.htm MONTHLY DISTRIBUTION STATEMENTS SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report: December 22, 1998
(Date of earliest event reported)

ABN AMRO Mortgage Corporation (as depositor under the Pooling and
Servicing Agreement,dated as of December 1, 1998 providing for,
inter alia,the issuance of ABN AMRO Mortgage Corporation Mortgage
Pass-through Certificates Series 1998-5)

Delaware (State or other jurisdiction of organization)
333-57027 (Commission File No.)
363886007 (I.R.S. Employer Identification No.)

181 West Madison Street Chicago, Illinois 60602
(Address of principal executive offices) (Zip Code)

Registrants Telephone Number, including area code
(248) 643-2530

(Former name or former address, if changed since
last report.)

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS

(c) Exhibits

Exhibit No. Description
99-1

Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing Agreement
for the distribution on September 25, 2002.

Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on behalf of the Registrant by the undersigned
thereunto duly authorized.

LASALLE BANK N.A., IN
ITS CAPACITY AS AGENT
FOR THE TRUSTEE
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF ABN AMRO Mortgage
Corporation, REGISTRANT

By:

/s/ Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President

Date: September 25, 2002.

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

0809/2625/2002

ABN AMRO MORTGAGE GROUP, INC., AS SERVICER

PAYMENT DATE:

0809/2625/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

0708/2526/2002

SERIES 1998-5

NEXT PAYMENT:

0910/25/2002

RECORD DATE:

0708/3130/2002

ABN AMRO ACCT: 67-8063-10-8

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

MEGAN OLSON (312) 904-6709

MARK WU 714-238-6720

MEGAN.OLSON@ABNAMRO.COM

MARK.W.WU@ABNAMRO.COM

PAGE(S)

ISSUE ID:

ABN98005

CLOSING DATE:

12/23/1998

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-4

CASH RECONCILIATION SUMMARY

PAGE 5

FIRST PAYMENT DATE:

1/25/1999

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 6

ASSUMED FINAL PAYMENT: DATE:

1/25/2029

ABN98005_200208_3.ZIP

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 7

ABN98005_200209_3.ZIP

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 7

OTHER RELATED INFORMATION

PAGE 8

REALIZED LOSS DETAIL

PAGE 9

PARTIES TO THE TRANSACTION

ISSUER: ABN AMRO INC.

DEPOSITOR: ABN AMRO INC.

UNDERWRITER: BEAR STEARNS & CO. INC.

MASTER SERVICER: ABN AMRO MORTGAGE GROUP, INC.

SPECIAL SERVICER: ABN AMRO MORTGAGE GROUP, INC.

RATING AGENCY: STANDARD & POOR'S RATING SERVICES/FITCH RATINGS/MOODY'S INVESTORS SERVICE, INC.

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

LASALLE FACTOR LINE

(800) 246-5761

08/19/2002 - 14:57 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 1 OF 9

09/19/2002 - 17:02 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 1 OF 9

	ABN AMRO
	LASALLE BANK		N.A.
ABN AMRO MORTGAGE CORPORATION
										ABN AMRO MORTGAGE GROUP, INC., AS SERVICER																										STATEMENT DATE:									0809/2625/2002
										MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES																										PAYMENT DATE:						0809/2625/2002
WAC:						7.~~010448~~012426%				SERIES 1998-5																										PRIOR PAYMENT:							0708/2526/2002
																																				NEXT PAYMENT:								0910/25/2002
WAMM:						~~285~~284
																																				RECORD DATE:									0708/3130/2002
CURRENT INDEX:						1.~~838750~~818750%
NEXT INDEX:						1.~~818750~~820000%				REMIC II
										ABN AMRO ACCT: 67-8063-10-8
									ORIGINAL							OPENING		PRINCIPAL			PRINCIPAL			NEGATIVE				CLOSING					INTEREST			INTEREST				PASS-THROUGH
				CLASS				FACE VALUE (1)								BALANCE		PAYMENT			ADJ. OR LOSS			AMORTIZATION				BALANCE					PAYMENT (2)			ADJUSTMENT				RATE
			CUSIP												PER $ 1000				PER $ 1000			PER $ 1000			PER $ 1000				PER $ 1000					PER $ 1000		PER $ 1000		NEXT RATE(3)
	A-1						10,299,000.00					0.00					0.00			0.00			0.00				0.00				0.00				0.00				N/A
	00077BDR1													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000						FIXED
	A-2						17,661,000.00					0.00					0.00			0.00			0.00				0.00				0.00				0.00				N/A
	00077BDS9													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000						FIXED
	A-3						45,022,000.00					4342,~~913~~472,~~726~~950.8820					1,~~440~~431,~~776~~102.6886			0.00			0.00				4241,~~472~~041,~~950~~847.2034				~~226~~219,~~887~~443.5958				0.00				6.20000000%
	00077BDT7													~~975~~943.~~383743059~~382128737			3231.~~001614322~~786745591			0.000000000			0.000000000				~~943~~911.~~382128737~~595383146					54.~~039482697~~874141087			0.000000000						FIXED
	A-4						97,921,000.00					2926,~~632~~311,~~439~~382.4314					34,~~321~~145,~~057~~250.2901			0.00			0.00				2622,~~311~~166,~~382~~132.1413				~~148~~131,~~162~~556.2091				0.00				6.00000000%
	00077BDU4													~~302~~268.~~615776289~~700096404			3342.~~915679885~~332594745			0.000000000			0.000000000				~~268~~226.~~700096404~~367501660					1.~~513078911~~343500475			0.000000000						FIXED
	A-5						46,804,614.00					57,~~496~~741,~~253~~165.7399					6073,~~805~~197.4579			0.00			~~305~~307,~~717~~437.7138				57,~~741~~975,~~165~~405.9958				4845,~~287~~568.3665				(0.01)				7.~~38841339~~33631232%
	00077BDV2													~~1228~~1233.~~431319399~~663971462			1.~~299133671~~563901157			0.000000000			6.~~531785734~~568527197				~~1233~~1238.~~663971462~~668597502					10.~~031679484~~973593116			(0.000000214)						7.~~336312321~~266316462%
	A-6						8,084,625.00					5,389,787.87					0.00			0.00			0.00				5,389,787.87				1211,~~076~~986.4966				0.00				2.~~68875000~~66875000%
	00077BEA7													666.671350867			0.000000000			0.000000000			0.000000000				666.671350867					1.~~493760069~~482648855			0.000000000						2.~~668750000~~670000000%
	A-7						2,694,875.00					1,796,595.95					0.00			0.00			0.00				1,796,595.95				28,~~346~~436.9275				0.00				18.~~93375000~~99375000%
	00077BEB5													666.671348393			0.000000000			0.000000000			0.000000000				666.671348393					10.~~518825548~~552159191			0.000000000						18.~~993750000~~990000000%
	A-8						3,884,200.00					0.00					0.00			0.00			0.00				0.00				0.00				0.00				6.75000000%
	00077BEC3													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000						FIXED
	A-9						3,259,834.00				N	1,~~429~~418,~~543~~246.5920					0.00			0.00			0.00				1,~~418~~346,~~246~~661.2037				87,~~041~~977.1863				0.00				6.75000000%
	00077BED1													~~438~~435.~~532633870~~067000344			0.000000000			0.000000000			0.000000000				~~435~~413.~~067000344~~107345343					2.~~466745239~~447250381			0.000000000						6.750000000%
	A-10						82,107.00				N	17,~~411~~294.3721					0.00			0.00			0.00				17,~~294~~044.2187				97.9428				0.00				6.75000000%
	00077BEE9													~~212~~210.~~057071870~~630153336			0.000000000			0.000000000			0.000000000				~~210~~207.~~630153336~~593384243					1.~~192833741~~184795450			0.000000000						6.750000000%
	A-11						1,872,184.00					2,~~299~~309,~~849~~646.7727					2,~~432~~927.2190			0.00			12,~~228~~297.7150				2,~~309~~319,~~646~~015.2787				1,~~931~~822.4975				0.0001				7.~~38841491~~33631384%
	00077BEF6													~~1228~~1233.~~431484299~~664143054			1.~~299129786~~563895429			0.000000000			6.~~531788542~~568531726				~~1233~~1238.~~664143054~~668779351					10.~~031677442~~973595544			0.~~000000000~~000005341						7.~~336313841~~266317880%
	M						4,880,000.00					4,~~617~~609,~~004~~811.3757					7,~~192~~151.8096			0.00			0.00				4,~~609~~602,~~811~~659.5761				25,~~970~~930.6519				0.00				6.75000000%
	00077BEL3													~~946~~944.~~107452869~~633518443			1.~~473934426~~465565574			0.000000000			0.000000000				~~944~~943.~~633518443~~167952869					5.~~321854508~~313563525			0.000000000						FIXED
	B-1						1,952,100.00					1,~~846~~844,~~896~~019.3407					2,~~877~~860.2793			0.00			0.00				1,~~844~~841,~~019~~158.0714				10,~~388~~372.7961				0.00				6.75000000%
	00077BEM1													~~946~~944.~~107443266~~633507505			1.~~473935761~~465565289			0.000000000			0.000000000				~~944~~943.~~633507505~~167942216					5.~~321853389~~313564879			0.000000000						FIXED
	B-2						976,000.00					~~923~~921,~~400~~962.8933					1,~~438~~430.5639			0.00			0.00				~~921~~920,~~962~~531.3394				5,~~194~~186.1304				0.00				6.75000000%
	00077BEN9													~~946~~944.~~107469262~~633534836			1.~~473934426~~465563525			0.000000000			0.000000000				~~944~~943.~~633534836~~167971311					5.~~321854508~~313565574			0.000000000						FIXED
	B-3						732,000.00					~~692~~691,~~550~~471.6472					1,~~078~~072.9279			0.00			0.00				~~691~~690,~~471~~398.7293				3,~~895~~889.6053				0.00				6.75000000%
	00077BEQ2													~~946~~944.~~107431694~~633497268			1.~~473934426~~465560109			0.000000000			0.000000000				~~944~~943.~~633497268~~167937158					5.~~321857923~~313565574			0.000000000						FIXED
	B-4						488,000.00					~~461~~460,~~700~~981.4214					~~719~~715.2820			0.00			0.00				460,~~981~~265.1494				2,~~597~~593.0602				0.00				6.75000000%
	00077BER0													~~946~~944.~~107418033~~633483607			1.~~473934426~~465573770			0.000000000			0.000000000				~~944~~943.~~633483607~~167909836					5.~~321844262~~313565574			0.000000000						FIXED
	B-5						732,070.84					~~692~~691,~~617~~538.0200					1,~~079~~072.0290			0.00			0.00				~~691~~690,~~538~~465.0010				3,~~895~~889.9790				0.00				6.75000000%
	00077BES8													~~946~~944.~~106554388~~632625990			1.~~473928397~~465568551			0.000000000			0.000000000				~~944~~943.~~632625990~~167057439					5.~~321848361~~313556814			0.000000000						FIXED
	R (COMPONENT R-2)						100.00					0.00					0.00			0.00			0.00				0.00				0.00				0.00				6.75000000%
	00077BEP4													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000						FIXED
		TOTAL			244,003,768.84								~~149~~145,~~762~~241,~~823~~312.3125				45,~~839~~666,~~457~~782.4873			0.00			~~317~~319,~~946~~734.4288				~~145~~139,~~241~~894,~~312~~264.2540				~~525~~498,~~773~~751.3750				(0.~~01)~~02
																										TOTAL P&I PAYMENT				56,~~365~~165,~~230~~534.8523
	REG						244,003,768.00					~~149~~145,~~762~~241,~~823~~312.1004					45,~~521~~347,~~511~~047.0687			0.00			0.00				~~145~~139,~~241~~894,~~312~~264.0417				~~843~~818,~~719~~486.8035				0.00				6.~~76044784~~76242600%
	NONE													~~613~~595.~~772583627~~242086753			1821.~~530496873~~913792208			0.000000000			0.000000000				~~595~~573.~~242086753~~328294545					3.~~457814635~~354400453			0.000000000						FIXED
	R-1						0.00					0.00					0.00			0.00			0.00				0.00				0.01				0.01				N/A
	NONE													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000041			0.000000041
		TOTAL			244,003,768.00								~~149~~145,~~762~~241,~~823~~312.1004				45,~~521~~347,~~511~~047.0687			0.00			0.00				~~145~~139,~~241~~894,~~312~~264.0417				~~843~~818,~~719~~486.8136				0.01
																										TOTAL P&I PAYMENT				56,~~365~~165,~~230~~534.8723
NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
08/19/2002 - 14:57 (C069-C086) 2002 LASALLE BANK N.A.																																					PAGE 2 OF 9
09/19/2002 - 17:02 (C069-C086) 2002 LASALLE BANK N.A.																																					PAGE 2 OF 9

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

ABN AMRO MORTGAGE GROUP, INC., AS SERVICER

STATEMENT DATE:

0809/2625/2002

MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

0809/2625/2002

PRIOR PAYMENT:

0708/2526/2002

SERIES 1998-5

NEXT PAYMENT:

0910/25/2002

RECORD DATE:

0708/3130/2002

ABN AMRO ACCT: 67-8063-10-8

CASH RECONCILIATION SUMMARY

INTEREST SUMMARY

SERVICING FEE SUMMARY

PRINCIPAL SUMMARY

CURRENT SCHEDULED INTEREST

~~822~~768,~~698~~580.7552

CURRENT SERVICING FEES

2927,~~343~~470.0676

SCHEDULED:

LESS DEFERRED INTEREST

0.00

PLUS FEES ADVANCED FOR PPIS

0.00

CURRENT SCHEDULED PRINCIPAL

~~219~~211,~~639~~741.8904

PLUS ADVANCE INTEREST

5077,~~364~~376.1260

LESS REDUCTION FOR PPIS

0.00

ADVANCED SCHEDULED PRINCIPAL

16,~~892~~744.5247

PLUS UNSCHEDULED INTEREST

0.00

PLUS DELINQUENT SERVICING FEES

12,~~857~~787.5385

SCHEDULED PRINCIPAL DISTRIBUTION

~~236~~228,~~532~~485.4151

PPIS REDUCING SCHEDULED INTEREST

0.00

TOTAL SERVICING FEES

3130,~~200~~258.5961

UNSCHEDULED:

LESS TOTAL FEES PAID TO SERVICER

(2927,~~343~~470.0676)

CURTAILMENTS

5178,~~463~~228.7365

PLUS FEES ADVANCED FOR PPIS

0.00

PREPAYMENTS IN FULL

45,~~233~~040,~~514~~333.9271

LESS FEE STRIPS PAID BY SERVICER

0.00

PPIS SUMMARY

LIQUIDATION PROCEEDS

0.00

LESS MISC. FEES & EXPENSES

0.00

GROSS PPIS

0.00

REPURCHASE PROCEEDS

0.00

LESS NON RECOVERABLE ADVANCES

0.00

REDUCED BY PPIE

0.00

OTHER PRINCIPAL PROCEEDS

0.00

INTEREST DUE TRUST

~~845~~819,~~279~~999.8329

REDUCED BY SHORTFALLS IN FEES

0.00

UNSCHEDULED PRINCIPAL DISTRIBUTION

45,~~284~~118,~~978~~562.6536

LESS TRUSTEE FEE

(1,~~560~~512.0393)

REDUCED BY OTHER AMOUNTS

0.00

REMITTANCE PRINCIPAL

45,~~521~~347,~~511~~047.0687

LESS FEE STRIPS PAID BY TRUST

0.00

NET PPIS

0.00

LESS MISC. FEES PAID BY TRUST

0.00

PPIS REDUCING SERVICING FEE

0.00

SERVICER WIRE AMOUNT

56,~~366~~167,~~790~~047.8916

LESS INTEREST RESERVE WITHHOLDING

0.00

PPIS ALLOCATED TO CERTIFICATES

0.00

PLUS INTEREST RESERVE DEPOSIT

0.00

REMITTANCE INTEREST

~~843~~818,~~719~~486.8036

POOL BALANCE SUMMARY

BALANCE/AMOUNT

COUNT

BEGINNING POOL

~~149~~145,~~762~~241,~~824~~313.6963

~~467~~455

SCHEDULED PRINCIPAL DISTRIBUTION

~~236~~228,~~532~~485.4151

UNSCHEDULED PRINCIPAL DISTRIBUTION

45,~~284~~118,~~978~~562.6536

1215

DEFERRED INTEREST

0.00

LIQUIDATIONS

0.00

REPURCHASES

0.00

ENDING POOL

~~145~~139,~~241~~894,~~313~~265.6376

~~455~~440

ADVANCES

PRIOR OUTSTANDING

CURRENT PERIOD

RECOVERED

ENDING OUTSTANDING

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

MADE BY: SERVICER

2025,~~971~~652.3936

9388,~~761~~195.4134

16,~~892~~744.5247

5077,~~364~~376.1260

1217,~~211~~036.5582

5551,~~930~~661.1822

25,~~652~~360.3601

88113,~~195~~910.3473

08/19/2002 - 14:57 (C069-C086) 2002 LASALLE BANK N.A.

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09/19/2002 - 17:02 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 5 OF 9

	ABN AMRO
	LASALLE BANK	N.A.
					ABN AMRO MORTGAGE CORPORATION
																		ABN AMRO MORTGAGE GROUP, INC., AS SERVICER																																																								STATEMENT DATE:	~~STATEMENT DATE:~~						09/25/2002	~~08/26/2002~~
																																																																										PAYMENT DATE:	~~PAYMENT DATE:~~						09/25/2002	~~08/26/2002~~
																		MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES
																																																																										PRIOR PAYMENT:	~~PRIOR PAYMENT:~~							08/26/2002	~~07/25/2002~~
																		SERIES 1998-5
																																																																										NEXT PAYMENT:	~~NEXT PAYMENT:~~								10/25/2002	~~09/25/2002~~
																																																																									RECORD DATE:	~~RECORD DATE:~~										08/30/2002	~~07/31/2002~~
																		ABN AMRO ACCT: 67-8063-10-8
																		BOND INTEREST RECONCILIATION
																											DEDUCTIONS																		ADDITIONS
																																																																				REMAINING	~~REMAINING~~
										ACCRUAL					PASS								ACCRUED
DEFERRED &
						PRIOR							PREPAY-	~~PREPAY-~~				OTHER	~~OTHER~~	DISTRIBUTABLE	~~DISTRIBUTABLE~~							INTEREST	~~INTEREST~~			CURRENT PERIOD	~~CURRENT PERIOD~~	OUTSTANDING	~~OUTSTANDING~~
																																																																															CREDIT SUPPORT	~~CREDIT SUPPORT~~
																THRU									CERTIFICATE							ALLOCABLE					ACCRETION			INTEREST		INT. SHORT-							MENT	~~MENT~~						INTEREST	~~INTEREST~~		CERTIFICATE	~~CERTIFICATE~~				PAYMENT	~~PAYMENT~~		(SHORTFALL)/	~~(SHORTFALL)/~~				INTEREST	~~INTEREST~~
			CLASS				METHOD DAYS										RATE							INTEREST							PPIS					INTEREST			LOSS/EXP					FALLS DUE (3)				PENALTIES	~~PENALTIES~~					PROCEEDS (1)	~~PROCEEDS (1)~~
INTEREST (2)
				AMOUNT				RECOVERY				SHORTFALLS					ORIGINAL									CURRENT(4)
		R-1							30/360		30	0.000000000%									0.00									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						0.00	~~0.00~~			0.01	~~0.01~~			0.00	~~0.00~~			0.00	~~0.00~~						NA	NA								NA	NA
		A-1							30/360		30	N/A									0.00									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						0.00	~~0.00~~			0.00	~~0.00~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		A-2							30/360		30	N/A									0.00									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						0.00	~~0.00~~			0.00	~~0.00~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		A-3							30/360		30	6.200000000%									~~226~~219,~~887~~443.5958									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						219,443.58	~~226,887.59~~			219,443.58	~~226,887.59~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		A-4							30/360		30	6.000000000%									~~148~~131,~~162~~556.2091									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						131,556.91	~~148,162.20~~			131,556.91	~~148,162.20~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		A-5									30	7.~~388413391~~336312321%									~~354~~353,~~005~~006.0802									0.00					~~305~~307,~~717~~437.7138			0.00					0.00			0.00					0.00	~~0.00~~						45,568.64	~~48,287.37~~			45,568.65	~~48,287.36~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		A-6							30/360		30	2.~~688750000~~668750000%									1211,~~076~~986.4966									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						11,986.66	~~12,076.49~~			11,986.66	~~12,076.49~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		A-7							30/360		30	18.~~933750000~~993750000%									28,~~346~~436.9275									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						28,436.75	~~28,346.92~~			28,436.75	~~28,346.92~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		A-8							30/360		30	6.750000000%									0.00									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						0.00	~~0.00~~			0.00	~~0.00~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		A-9							30/360		30	6.750000000%									87,~~041~~977.1863									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						7,977.63	~~8,041.18~~			7,977.63	~~8,041.18~~			0.00	~~0.00~~			0.00	~~0.00~~						NA	NA								NA	NA
		A-10							30/360		30	6.750000000%									97.9428									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						97.28	~~97.94~~			97.28	~~97.94~~			0.00	~~0.00~~			0.00	~~0.00~~						NA	NA								NA	NA
		A-11									30	7.~~388414908~~336313841%									14,~~160~~120.2024									0.00					12,~~228~~297.7150			0.00					0.00			0.00					0.00	~~0.00~~						1,822.74	~~1,931.49~~			1,822.75	~~1,931.49~~			0.00	~~0.00~~			0.00	~~0.00~~						2.67%	~~2.67%~~								5.66%	~~5.41%~~
		M							30/360		30	6.750000000%									25,~~970~~930.6519									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						25,930.19	~~25,970.65~~			25,930.19	~~25,970.65~~			0.00	~~0.00~~			0.00	~~0.00~~						0.64%	~~0.64%~~								2.34%	~~2.21%~~
		B-1							30/360		30	6.750000000%									10,~~388~~372.7961									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						10,372.61	~~10,388.79~~			10,372.61	~~10,388.79~~			0.00	~~0.00~~			0.00	~~0.00~~						0.00%	~~0.00%~~								1.01%	~~0.93%~~
		B-2							30/360		30	6.750000000%									5,~~194~~186.1304									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						5,186.04	~~5,194.13~~			5,186.04	~~5,194.13~~			0.00	~~0.00~~			0.00	~~0.00~~						0.00%	~~0.00%~~								0.34%	~~0.28%~~
		B-3							30/360		30	6.750000000%									3,~~895~~889.6053									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						3,889.53	~~3,895.60~~			3,889.53	~~3,895.60~~			0.00	~~0.00~~			0.00	~~0.00~~						0.00%	~~0.00%~~								0.00%	~~0.00%~~
		B-4							30/360		30	6.750000000%									2,~~597~~593.0602									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						2,593.02	~~2,597.06~~			2,593.02	~~2,597.06~~			0.00	~~0.00~~			0.00	~~0.00~~						0.00%	~~0.00%~~								0.00%	~~0.00%~~
		B-5							30/360		30	6.750000000%									3,~~895~~889.9790									0.00					0.00			0.00					0.00			0.00					0.00	~~0.00~~						3,889.90	~~3,895.97~~			3,889.90	~~3,895.97~~			0.00	~~0.00~~			0.00	~~0.00~~						0.00%	~~0.00%~~								0.00%	~~0.00%~~
																						843,719.80							0.00					317,946.42				0.00				0.00					0.00						0.00						525,773.38			525,773.38					0.00					0.00
																						818,486.36							0.00					319,734.88				0.00			0.00					0.00						0.00						498,751.48			498,751.51					0.00					0.00
	(1) OTHER INTEREST PROCEEDS ARE ADDITIONAL INTEREST AMOUNTS SPECIFICALLY ALLOCATED TO THE BOND(S) AND USED IN DETERMINING THE BONDS DISTRIBUTABLE INTEREST.
	(2) ACCRUED - DEDUCTIONS + ADDITIONS INTEREST
	(3) PRIOR INTEREST SHORTFALL AMOUNT INCLUDES INTEREST DUE ON OUTSTANDING SHORTFALLS AND LOSSES WHERE APPLICABLE.
	(4) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
																																																																											PAGE 6 OF 9	~~PAGE 6 OF 9~~
	08/19/2002 - 14:57 (C069-C086) 2002 LASALLE BANK N.A.
	09/19/2002 - 17:02 (C069-C086) 2002 LASALLE BANK N.A.

		ABN AMRO
		LASALLE BANK		N.A.
		ABN AMRO MORTGAGE CORPORATION
																																											STATEMENT DATE:					0809/2625/2002
												ABN AMRO MORTGAGE GROUP, INC., AS SERVICER																															PAYMENT DATE:					0809/2625/2002
																																											MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES
												PRIOR PAYMENT:									0708/2526/2002
												SERIES 1998-5
																																											NEXT PAYMENT:						0910/25/2002
																																											RECORD DATE:							0708/3130/2002
												ABN AMRO ACCT: 67-8063-10-8
												ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
											DELINQUENCY AGING CATEGORIES																								SPECIAL EVENT CATEGORIES (1)
DISTRIBUTION
DATE
DELINQ 1 MONTH								DELINQ 2 MONTHS					DELINQ 3+ MONTHS					FORECLOSURE							REO				MODIFICATIONS								SPECIALLY SERVICED				BANKRUPTCY
	# BALANCE								# BALANCE					# BALANCE					# BALANCE						# BALANCE							# BALANCE						# BALANCE					# BALANCE
					9/25/02		1		322,590						0	0				2		677,890			1	226,640				0	0		0			0			0	0					0		0
						0.23%				0.23%			0.00%				0.00%			0.45%			0.48%	0.23%			0.16%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.00%					0.00%
					8/26/02		1		276,232						0	0				2		678,666			1	226,893				0	0		0			0			0	0					1		226,893
						0.22%				0.19%			0.00%				0.00%			0.44%			0.47%	0.22%			0.16%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.22%					0.16%
					7/25/02		2		513,700						1	271,911				1		407,527			1	227,143				0	0		0			0			0	0					1		227,143
						0.43%				0.34%			0.21%				0.18%			0.21%			0.27%	0.21%			0.15%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.21%					0.15%
					6/25/02		1		272,238						0	0				1		407,968			1	227,393				0	0		0			0			0	0					1		227,393
						0.21%				0.18%			0.00%				0.00%			0.21%			0.26%	0.21%			0.15%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.21%					0.15%
					5/28/02		2		936,108						0	0				1		408,407			1	227,640				0	0		0			0			0	0					1		227,640
						0.40%				0.59%			0.00%				0.00%			0.20%			0.26%	0.20%			0.14%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.20%					0.14%
					4/25/02		1		367,119						0	0				2		634,107			1	227,887				0	0		0			0			0	0					1		227,887
						0.20%				0.23%			0.00%				0.00%			0.40%			0.39%	0.20%			0.14%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.20%					0.14%
					3/25/02		0		0						0	0				2		634,779			1	228,132				0	0		0			0			0	0					1		228,132
						0.00%				0.00%			0.00%				0.00%			0.39%			0.38%	0.19%			0.14%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.19%					0.14%
					2/25/02		0		0						0	0				2		635,447			1	228,375				0	0		0			0			0	0					1		228,375
						0.00%				0.00%			0.00%				0.00%			0.38%			0.38%	0.19%			0.14%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.19%					0.14%
					1/25/02		0		0						2	436,362				2		638,752			0	0				0	0		0			0			0	0					1		228,618
						0.00%				0.00%			0.37%				0.25%			0.37%			0.36%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.18%					0.13%
					12/26/01		4		1,097,491						1	410,560				1		228,858			0	0				0	0		0			0			0	0					1		228,858
						0.71%				0.60%			0.18%				0.23%			0.18%			0.13%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.18%					0.13%
					11/26/01		3		878,177						0	0				1		229,098			0	0				0	0		0			0			0	0					1		229,098
						0.52%				0.48%			0.00%				0.00%			0.17%			0.12%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.17%					0.12%
					10/25/01		0		0						0	0				1		229,336			0	0				0	0		0			0			0	0					1		229,336
						0.00%				0.00%			0.00%				0.00%			0.17%			0.12%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.17%					0.12%
					9/25/01		3		776,466						0	0				1		229,572			0	0				0	0		0			0			0	0					0		0
						0.51%				0.41%			0.00%				0.00%			0.17%			0.12%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.00%					0.00%
					8/27/01		3		974,148						0	0				1		229,808			0	0				0	0		0			0			0	0					1		229,808
						0.50%				0.50%			0.00%				0.00%			0.17%			0.12%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.17%					0.12%
					7/25/01		0		0						0	0				1		230,041			0	0				0	0		0			0			0	0					0		0
						0.00%				0.00%			0.00%				0.00%			0.17%			0.12%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.00%					0.00%
					6/25/01		0		0						0	0				1		230,274			0	0				0	0		0			0			0	0					1		230,274
						0.00%				0.00%			0.00%				0.00%			0.16%			0.12%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.16%					0.12%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				08/19/2002 - 14:57 (C069-C086) 2002 LASALLE BANK N.A.																																								PAGE 7 OF 9
				09/19/2002 - 17:02 (C069-C086) 2002 LASALLE BANK N.A.																																								PAGE 7 OF 9

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

ABN AMRO MORTGAGE GROUP, INC., AS SERVICER

STATEMENT DATE:

0809/2625/2002

MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

0809/2625/2002

PRIOR PAYMENT:

0708/2526/2002

SERIES 1998-5

NEXT PAYMENT:

0910/25/2002

RECORD DATE:

0708/3130/2002

ABN AMRO ACCT: 67-8063-10-8

OTHER RELATED INFORMATION

SPECIAL HAZARD COVERAGE

FRAUD LOSS COVERAGE

BANKRUPTCY LOSS COVERAGE

BEGINNING

BALANCE

CURRENT

REDUCTION

ENDING

BALANCE

BEGINNING

BALANCE

CURRENT

REDUCTION

ENDING

BALANCE

BEGINNING

BALANCE

CURRENT

REDUCTION

ENDING

BALANCE

2,440,029.00

0.00

2,440,029.00

0.00

2,440,029.00

100,000.00

0.00

100,000.00

TOTAL

NUMBER OF PAYOFFS:

1215

AGGREGATE PAYOFF AMOUNTS:

45,~~233~~040,~~514~~333.9271

NUMBER OF CURTAILMENTS:

9099

AGGREGATE CURTAILMENT AMOUNTS:

5177,~~277~~884.0729

NUMBER OF LOANS IN FORECLOSURE:

BOOK VALUE OF LOANS IN FORECLOSURE:

226,~~892~~640.5128

PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:

0.00

CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:

0.00

CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF:

0.00

08/19/2002 - 14:57 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 8 OF 9

09/19/2002 - 17:02 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 8 OF 9

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

0809/2625/2002

ABN AMRO MORTGAGE GROUP, INC., AS SERVICER

PAYMENT DATE:

0809/2625/2002

MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

0708/2526/2002

SERIES 1998-5

NEXT PAYMENT:

0910/25/2002

RECORD DATE:

0708/3130/2002

ABN AMRO ACCT: 67-8063-10-8

REALIZED LOSS DETAIL

BEGINNING

SCHEDULED

BALANCE

GROSS PROCEEDS

AS A % OF

SCHED. BALANCE

AGGREGATE

LIQUIDATION

EXPENSES *

NET

LIQUIDATION

PROCEEDS

NET PROCEEDS

AS A % OF

SCHED. BALANCE

PERIOD

DISCLOSURE

CONTROL #

APPRAISAL

DATE

APPRAISAL

VALUE

GROSS

PROCEEDS

REALIZED

LOSS

CURRENT TOTAL

CUMULATIVE

* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..

08/19/2002 - 14:57 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 9 OF 9

09/19/2002 - 17:02 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 9 OF 9

Filing Compare · ABN AMRO MORTGAGE CORP SERIES 1998-5