8-K 1 abn99007_200205.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: October 21, 1999
(Date of earliest event reported)

ABN AMRO Mortgage Corporation (as depositor under the Pooling and
Servicing Agreement, dated as of October 1, 1999 providing for
inter alia, the issuance of ABN AMRO Mortgage Corporation
Mortgage Pass-through Certificates Series 1999-7)

Delaware (State or other jurisdiction of organization)
333-85443-01 (Commission File No.)
363886007 (I.R.S. Employer Identification No.)

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

Registrant's 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 May 28, 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
there unto 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

Dated: May 28, 2002

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

05/28/2002

ABN AMRO MORTGAGE GROUP INC., AS SERVICER

PAYMENT DATE:

05/28/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

04/25/2002

SERIES 1999-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8366-90-7

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

STEFANIE EDWARDS 312-904-8975

LESLIE SANCHO (714) 238-6713

STEFANIE.EDWARDS@ABNAMRO.COM

LESLIE.SANCHO@ABNAMRO.COM

PAGE(S)

ISSUE ID:

ABN99007

CLOSING DATE:

10/26/1999

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-4

CASH RECONCILIATION SUMMARY

PAGE 5

FIRST PAYMENT DATE:

11/26/1999

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 6

ASSUMED FINAL PAYMENT: DATE:

10/25/2029

ABN99007_200205_3.ZIP

OTHER RELATED INFORMATION

PAGE 7

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 8

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 9

MODIFIED LOAN DETAIL

PAGE 10

REALIZED LOSS DETAIL

PAGE 11

PARTIES TO THE TRANSACTION

ISSUER: ABN AMRO INC.

DEPOSITOR: LEHMAN BROTHERS, INC./ABN AMRO INC.

UNDERWRITER: LEHMAN BROTHERS, INC.

MASTER SERVICER: ABN AMRO MORTGAGE GROUP, INC.

RATING AGENCY: STANDARD & POOR'S CORPORATION/FITCH, INC.

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

LASALLE FACTOR LINE

(800) 246-5761

05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.

PAGE 1 OF 11





	ABN AMRO

	LASALLE BANK		N.A.
*ABN AMRO MORTGAGE CORPORATION*

										*ABN AMRO MORTGAGE GROUP INC., AS SERVICER*																											STATEMENT DATE:								05/28/2002

										*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*																											PAYMENT DATE:						05/28/2002

WAC:						6.773588%				*SERIES 1999-7*																											PRIOR PAYMENT:							04/25/2002
																																		NEXT PAYMENT:							06/25/2002
WAMM:						141
																																		RECORD DATE:								04/30/2002
										*REMIC II*
										*ABN AMRO ACCT: 67-8366-90-7*


									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)
	A1						10,000,000.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				6.50000000%
	00077BLC5													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000						FIXED

	A2						41,700,000.00					28,924,218.57					438,570.00			0.00			0.00				28,485,648.57				156,672.85					0.00				6.50000000%
	00077BLD3													693.626344604			10.517266187			0.000000000			0.000000000				683.109078417					3.757142686				0.000000000						FIXED

	A3						29,601,000.00					9,350,963.33					1,911,665.05			0.00			0.00				7,439,298.28				50,651.05					0.00				6.50000000%
	00077BLE1													315.900251005			64.581096922			0.000000000			0.000000000				251.319154083					1.711126313				0.000000000						FIXED

	A4						15,400,000.00					15,400,000.00					0.00			0.00			0.00				15,400,000.00				83,416.67					0.00				6.50000000%
	00077BLF8													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.416666883				0.000000000						FIXED

	A5						24,875,000.00					22,152,158.04					101,730.26			0.00			0.00				22,050,427.78				119,990.86					0.00				6.50000000%
	00077BLG6													890.539016683			4.089658693			0.000000000			0.000000000				886.449357990					4.823753166				0.000000000						FIXED

	AP						2,086,885.00					1,522,341.88					50,282.06			0.00			0.00				1,472,059.82				0.00					0.00				N/A
	00077BLH4													729.480484071			24.094312816			0.000000000			0.000000000				705.386171255					0.000000000				0.000000000

	AX						3,563,995.00				N	1,812,238.05					0.00			0.00			0.00				1,712,519.40				9,816.29					0.00				6.50000000%
	00077BLJ0													508.485014710			0.000000000			0.000000000			0.000000000				480.505556265					2.754293988				0.000000000						FIXED

	M						1,327,000.00					1,181,745.22					5,426.98			0.00			0.00				1,176,318.24				6,401.12					0.00				6.50000000%
	00077BLK7													890.538975132			4.089660889			0.000000000			0.000000000				886.449314243					4.823752826				0.000000000						FIXED

	B1						380,000.00					338,404.85					1,554.07			0.00			0.00				336,850.78				1,833.03					0.00				6.50000000%
	00077BLM3													890.539078947			4.089657895			0.000000000			0.000000000				886.449421053					4.823763158				0.000000000						FIXED

	B2						380,000.00					338,404.85					1,554.07			0.00			0.00				336,850.78				1,833.03					0.00				6.50000000%
	00077BLN1													890.539078947			4.089657895			0.000000000			0.000000000				886.449421053					4.823763158				0.000000000						FIXED

	B3						380,000.00					338,404.85					1,554.07			0.00			0.00				336,850.78				1,833.03					0.00				6.50000000%
	00077BLP6													890.539078947			4.089657895			0.000000000			0.000000000				886.449421053					4.823763158				0.000000000						FIXED

	B4						189,500.00					168,757.13					774.99			0.00			0.00				167,982.14				914.10					0.00				6.50000000%
	00077BLQ4													890.538944591			4.089656992			0.000000000			0.000000000				886.449287599					4.823746702				0.000000000						FIXED

	B5						190,104.00					169,295.04					777.46			0.00			0.00				168,517.58				917.01					0.00				6.50000000%
	00077BLR2													890.539073349			4.089656188			0.000000000			0.000000000				886.449417161					4.823728065				0.000000000						FIXED

	R2						100.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				6.50000000%
	00077BLL5													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000						FIXED



		TOTAL			126,509,589.00								79,884,693.76				2,513,889.01			0.00			0.00				77,370,804.75				434,279.04					0.00

																										TOTAL P&I PAYMENT				2,948,168.05


	REG						126,509,589.00					79,884,693.65					2,513,889.02			0.00			0.00				77,370,804.63				434,279.03					0.00				6.52358805%
	NONE													631.451689010			19.871134195			0.000000000			0.000000000				611.580554815					3.432775598				0.000000000						6.520201245%

	R1						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				N/A
	NONE													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000



		TOTAL			126,509,589.00								79,884,693.65				2,513,889.02			0.00			0.00				77,370,804.63				434,279.03					0.00

																										TOTAL P&I PAYMENT				2,948,168.05


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
05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.																																						PAGE 2 OF 11

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

ABN AMRO MORTGAGE GROUP INC., AS SERVICER

STATEMENT DATE:

05/28/2002

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

05/28/2002

PRIOR PAYMENT:

04/25/2002

SERIES 1999-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8366-90-7

CASH RECONCILIATION SUMMARY

INTEREST SUMMARY

SERVICING FEE SUMMARY

PRINCIPAL SUMMARY

CURRENT SCHEDULED INTEREST

426,188.56

CURRENT SERVICING FEES

15,750.13

SCHEDULED:

LESS DEFERRED INTEREST

0.00

PLUS FEES ADVANCED FOR PPIS

0.00

CURRENT SCHEDULED PRINCIPAL

348,226.99

PLUS ADVANCE INTEREST

23,840.61

LESS REDUCTION FOR PPIS

0.00

ADVANCED SCHEDULED PRINCIPAL

18,802.34

PLUS UNSCHEDULED INTEREST

0.00

PLUS DELINQUENT SERVICING FEES

892.51

SCHEDULED PRINCIPAL DISTRIBUTION

367,029.33

PPIS REDUCING SCHEDULED INTEREST

0.00

TOTAL SERVICING FEES

16,642.64

UNSCHEDULED:

LESS TOTAL FEES PAID TO SERVICER

(15,750.13)

CURTAILMENTS

92,592.07

PLUS FEES ADVANCED FOR PPIS

0.00

PREPAYMENTS IN FULL

2,054,267.62

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

435,111.16

REDUCED BY SHORTFALLS IN FEES

0.00

UNSCHEDULED PRINCIPAL DISTRIBUTION

2,146,859.69

LESS TRUSTEE FEE

(832.13)

REDUCED BY OTHER AMOUNTS

0.00

REMITTANCE PRINCIPAL

2,513,889.02

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

2,949,000.18

LESS INTEREST RESERVE WITHHOLDING

0.00

PPIS ALLOCATED TO CERTIFICATES

0.00

PLUS INTEREST RESERVE DEPOSIT

0.00

REMITTANCE INTEREST

434,279.03

POOL BALANCE SUMMARY

BALANCE/AMOUNT

COUNT

BEGINNING POOL

79,884,694.55

253

SCHEDULED PRINCIPAL DISTRIBUTION

367,029.33

UNSCHEDULED PRINCIPAL DISTRIBUTION

2,146,859.69

DEFERRED INTEREST

0.00

LIQUIDATIONS

0.00

REPURCHASES

0.00

ENDING POOL

77,370,805.53

247

ADVANCES

PRIOR OUTSTANDING

CURRENT PERIOD

RECOVERED

ENDING OUTSTANDING

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

MADE BY: SERVICER

17,031.02

21,385.47

18,802.34

23,840.61

17,031.02

21,385.47

18,802.34

23,840.61

05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.

PAGE 5 OF 11





	ABN AMRO

	LASALLE BANK	N.A.

				*ABN AMRO MORTGAGE CORPORATION*

															*ABN AMRO MORTGAGE GROUP INC., AS SERVICER*																																		STATEMENT DATE:								05/28/2002
																																																	PAYMENT DATE:								05/28/2002
															*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
																																																	PRIOR PAYMENT:									04/25/2002
															*SERIES 1999-7*
																																																	NEXT PAYMENT:										06/25/2002
																																	RECORD DATE:								04/30/2002


															*ABN AMRO ACCT: 67-8366-90-7*
															*BOND INTEREST RECONCILIATION*


																							DEDUCTIONS																							ADDITIONS
																																	REMAINING
															ACCRUAL							PASS							ACCRUED								ADD.
DEFERRED &

					PRIOR						PREPAY-					OTHER	DISTRIBUTABLE							INTEREST			OUTSTANDING
																																	CREDIT SUPPORT
													THRU								CERTIFICATE							ALLOCABLE				TRUST				ACCRETION				INTEREST			INT. SHORT-							MENT					INTEREST					CERTIFICATE		PAYMENT			INTEREST
			CLASS			METHOD DAYS								RATE						INTEREST							PPIS					EXPENSE (1)			INTEREST				LOSSES			FALLS DUE									PENALTIES			PROCEEDS (2)
INTEREST

			AMOUNT					SHORTFALLS				ORIGINAL							CURRENT(3)

		A2					30/360		30	6.500000000%								156,672.85								0.00					0.00				0.00			0.00							0.00		0.00					0.00				156,672.85					156,672.85		0.00			2.25%	3.26%
		A3					30/360		30	6.500000000%								50,651.05								0.00					0.00				0.00			0.00							0.00		0.00					0.00				50,651.05					50,651.05		0.00			2.25%	3.26%
		A4					30/360		30	6.500000000%								83,416.67								0.00					0.00				0.00			0.00							0.00		0.00					0.00				83,416.67					83,416.67		0.00			2.25%	3.26%
		A5					30/360		30	6.500000000%								119,990.86								0.00					0.00				0.00			0.00							0.00		0.00					0.00				119,990.86					119,990.86		0.00			2.25%	3.26%
		AX					30/360		30	6.500000000%								9,816.29								0.00					0.00				0.00			0.00							0.00		0.00					0.00				9,816.29					9,816.29		0.00			NA	NA
		M					30/360		30	6.500000000%								6,401.12								0.00					0.00				0.00			0.00							0.00		0.00					0.00				6,401.12					6,401.12		0.00			1.20%	1.74%
		B1					30/360		30	6.500000000%								1,833.03								0.00					0.00				0.00			0.00							0.00		0.00					0.00				1,833.03					1,833.03		0.00			0.90%	1.31%
		B2					30/360		30	6.500000000%								1,833.03								0.00					0.00				0.00			0.00							0.00		0.00					0.00				1,833.03					1,833.03		0.00			0.60%	0.87%
		B3					30/360		30	6.500000000%								1,833.03								0.00					0.00				0.00			0.00							0.00		0.00					0.00				1,833.03					1,833.03		0.00			0.30%	0.43%
		B4					30/360		30	6.500000000%								914.10								0.00					0.00				0.00			0.00							0.00		0.00					0.00				914.10					914.10		0.00			0.15%	0.22%
		B5					30/360		30	6.500000000%								917.01								0.00					0.00				0.00			0.00							0.00		0.00					0.00				917.01					917.01		0.00			0.00%	0.00%
																			434,279.04						0.00					0.00				0.00				0.00						0.00				0.00					0.00			434,279.04					434,279.04			0.00

	(1) ADDITIONAL TRUST EXPENSES ARE FEES ALLOCATED DIRECTLY TO THE BOND RESULTING IN A DEDUCTION TO ACCRUED INTEREST.
	(2) OTHER INTEREST PROCEEDS INCLUDE DEFAULT INTEREST, PPIE, INTEREST DUE ON OUTSTANDING LOSSES, INTEREST DUE ON OUTSTANDING SHORTFALLS AND RECOVERIES OF INTEREST.
	(3) 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 11
	05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

ABN AMRO MORTGAGE GROUP INC., AS SERVICER

STATEMENT DATE:

05/28/2002

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

05/28/2002

PRIOR PAYMENT:

04/25/2002

SERIES 1999-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8366-90-7

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

1,876,409.00

0.00

1,876,409.00

1,265,096.00

0.00

1,265,096.00

100,000.00

0.00

100,000.00

TOTAL

NUMBER OF PAYOFFS:

AGGREGATE PAYOFF AMOUNTS:

2,054,267.62

NUMBER OF CURTAILMENTS:

AGGREGATE CURTAILMENT AMOUNTS:

92,322.27

NUMBER OF LOANS IN FORECLOSURE:

BOOK VALUE OF LOANS IN FORECLOSURE:

0.00

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

05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.

PAGE 7 OF 11





		ABN AMRO

		LASALLE BANK		N.A.
		*ABN AMRO MORTGAGE CORPORATION*

																																	STATEMENT DATE:							05/28/2002
												*ABN AMRO MORTGAGE GROUP INC., AS SERVICER*																															PAYMENT DATE:							05/28/2002
																																											*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
												PRIOR PAYMENT:									04/25/2002
												*SERIES 1999-7*
																																											NEXT PAYMENT:									06/25/2002
																																	RECORD DATE:									04/30/2002

												*ABN AMRO ACCT: 67-8366-90-7*

												*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


					5/28/02		1		361,162						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.40%				0.47%			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%
					4/25/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						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%
					3/25/02		2		569,052						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.75%				0.67%			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%
					2/25/02		0		0						1	284,480				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.36%				0.32%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					1/25/02		0		0						1	285,670				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.35%				0.31%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					12/26/01		1		286,853						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.34%				0.30%			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%
					11/26/01		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						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%
					10/25/01		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						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%
					9/25/01		0		0						0	0				1		309,172			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.32%			0.30%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					8/27/01		0		0						1	310,411				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.32%				0.30%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					7/25/01		1		311,643						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.31%				0.29%			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%
					6/25/01		1		302,164						0	0				1		312,868			0	0				0	0			0			0				0		0					0			0
						0.31%				0.28%			0.00%				0.00%			0.31%			0.29%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					5/25/01		0		0						0	0				1		314,085			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.30%			0.28%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					4/25/01		1		289,364						0	0				1		315,295			0	0				0	0			0			0				0		0					0			0
						0.30%				0.26%			0.00%				0.00%			0.30%			0.28%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					3/26/01		0		0						1	297,716				1		316,497			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.30%				0.26%			0.30%			0.28%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.																																											PAGE 8 OF 11





	ABN AMRO

	LASALLE BANK		N.A.
	*ABN AMRO MORTGAGE CORPORATION*
	*ABN AMRO MORTGAGE GROUP INC., AS SERVICER*																															STATEMENT DATE:						05/28/2002
																												PAYMENT DATE:								05/28/2002
											*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*																														PRIOR PAYMENT:					04/25/2002
											*SERIES 1999-7*
																												NEXT PAYMENT:										06/25/2002
																												RECORD DATE:											04/30/2002
											*ABN AMRO ACCT: 67-8366-90-7*
											*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY*


							ENDING POOL (1)							PAYOFFS(2)			PENALTIES				APPRAISAL REDUCT. (2)					LIQUIDATIONS (2)							REALIZED LOSSES (2)									REMAINING TERM						CURR WEIGHTED AVG.

DISTRIBUTION
DATE
		# BALANCE						# BALANCE						# AMOUNT				# BALANCE						# BALANCE						# AMOUNT									LIFE AMORT.					COUPON REMIT
				5/28/02		247			77,370,806				6		2,054,268				0	0			0	0			0				0			0			0						141		145		6.77%		6.52%
					70.57%					61.16%		2.37%				2.57%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				4/25/02		253			79,884,695				13		4,591,504				0	0			0	0			0				0			0			0						142		146		6.78%		6.53%
					72.29%					63.15%		4.89%				5.41%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				3/25/02		266			84,899,474				11		3,683,792				0	0			0	0			0				0			0			0						143		147		6.79%		6.54%
					76.00%					67.11%		3.97%				4.13%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				2/25/02		277			89,146,265				9		3,156,508				0	0			0	0			0				0			0			0						145		148		6.80%		6.55%
					79.14%					70.47%		3.15%				3.40%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				1/25/02		286			92,747,252				6		1,975,212				0	0			0	0			0				0			0			0						146		149		6.80%		6.55%
					81.71%					73.31%		2.05%				2.07%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				12/26/01		292			95,197,526				10		3,369,971				0	0			0	0			0				0			0			0						147		150		6.81%		6.56%
					83.43%					75.25%		3.31%				3.40%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				11/26/01		302			99,060,671				8		2,348,579				0	0			0	0			0				0			0			0						148		151		6.82%		6.57%
					86.29%					78.30%		2.58%				2.30%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				10/25/01		310			101,921,538				2		515,431				0	0			0	0			0				0			0			0						149		152		6.82%		6.57%
					88.57%					80.56%		0.64%				0.50%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				9/25/01		312			103,222,477				3		1,054,689				0	0			0	0			0				0			0			0						151		153		6.82%		6.57%
					89.14%					81.59%		0.95%				1.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				8/27/01		315			105,068,072				8		2,179,632				0	0			0	0			0				0			0			0						152		154		6.82%		6.57%
					90.00%					83.05%		2.48%				2.02%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				7/25/01		323			107,752,937				2		706,081				0	0			0	0			0				0			0			0						153		155		6.83%		6.58%
					92.29%					85.17%		0.62%				0.65%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				6/25/01		325			108,961,454				3		1,067,428				0	0			0	0			0				0			0			0						154		156		6.82%		6.57%
					92.86%					86.13%		0.91%				0.97%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				5/25/01		328			110,521,626				1		279,126				0	0			0	0			0				0			0			0						155		157		6.82%		6.57%
					93.71%					87.36%		0.30%				0.25%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				4/25/01		329			111,300,096				4		1,152,520				0	0			0	0			0				0			0			0						156		158		6.82%		6.57%
					94.00%					87.98%		1.20%				1.02%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				3/26/01		333			112,942,124				0		0				0	0			0	0			0				0			0			0						157		159		6.82%		6.57%
					95.14%					89.28%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
		(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
																												PAGE 9 OF 11
			05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

05/28/2002

ABN AMRO MORTGAGE GROUP INC., AS SERVICER

PAYMENT DATE:

05/28/2002

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

04/25/2002

SERIES 1999-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8366-90-7

MODIFIED LOAN DETAIL

CUTOFF

MATURITY

DATE

MODIFIED

MATURITY

DATE

DISCLOSURE

CONTROL #

MODIFICATION

DATE

MODIFICATION

DESCRIPTION

05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.

PAGE 10 OF 11

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

05/28/2002

ABN AMRO MORTGAGE GROUP INC., AS SERVICER

PAYMENT DATE:

05/28/2002

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

04/25/2002

SERIES 1999-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8366-90-7

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..

05/22/2002 - 09:25 (C912-C926) 2002 LASALLE BANK N.A.

PAGE 11 OF 11

ABN AMRO MORTGAGE CORP SERIES 1999-7 8-K