8-K 1 abn98005_200211.htm MONTHLY DISTRIBUTION STATEMENT 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 November 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: November 25, 2002.

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

11/25/2002

ABN AMRO MORTGAGE GROUP, INC., AS SERVICER

PAYMENT DATE:

11/25/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

10/25/2002

SERIES 1998-5

NEXT PAYMENT:

12/26/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8063-10-8

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

MEGAN OLSON (312) 904-6709

LESLIE SANCHO (714) 238-6713

MEGAN.OLSON@ABNAMRO.COM

LESLIE.SANCHO@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_200211_3.ZIP

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 7-9

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 10

OTHER RELATED INFORMATION

PAGE 11

REALIZED LOSS DETAIL

PAGE 12

PARTIES TO THE TRANSACTION

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

11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 1 OF 12





	ABN AMRO

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

										*ABN AMRO MORTGAGE GROUP, INC., AS SERVICER*																											STATEMENT DATE:								11/25/2002

										*MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES*																											PAYMENT DATE:						11/25/2002

WAC:						7.002046%				*SERIES 1998-5*																											PRIOR PAYMENT:							10/25/2002
																																		NEXT PAYMENT:							12/26/2002
WAMM:						280
																																		RECORD DATE:								10/31/2002
CURRENT INDEX:						1.820000%
NEXT INDEX:						1.740000%				*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					39,620,356.23					1,411,940.71			0.00			0.00				38,208,415.52				204,705.17					0.00				6.20000000%
	00077BDT7													880.022127626			31.361128115			0.000000000			0.000000000				848.660999511					4.546780907				0.000000000						FIXED

	A-4						97,921,000.00					19,159,226.59					2,699,786.78			0.00			0.00				16,459,439.81				95,796.13					0.00				6.00000000%
	00077BDU4													195.660038092			27.571070353			0.000000000			0.000000000				168.088967739					0.978300160				0.000000000						FIXED

	A-5						46,804,614.00					58,167,223.68					5,376,577.01			0.00			310,905.77				53,101,552.44				38,673.19					0.00				7.21187517%
	00077BDV2													1242.766870805			114.872798866			0.000000000			6.642630788				1134.536702728					0.826268752				0.000000000						7.191352397%

	A-6						8,084,625.00					2,126,131.79					2,126,131.79			0.00			0.00				0.00				4,730.64					0.00				2.67000000%
	00077BEA7													262.984589885			262.984589885			0.000000000			0.000000000				0.000000000					0.585140313				0.000000000						N/A

	A-7						2,694,875.00					708,710.59					708,710.59			0.00			0.00				0.00				11,215.35					0.00				18.99000000%
	00077BEB5													262.984587411			262.984587411			0.000000000			0.000000000				0.000000000					4.161732919				0.000000000						N/A

	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	1,246,062.96					0.00			0.00			0.00				1,067,431.73				7,009.10					0.00				6.75000000%
	00077BED1													382.247365970			0.000000000			0.000000000			0.000000000				327.449719832					2.150140161				0.000000000						6.750000000%

	A-10						82,107.00				N	11,512.43					0.00			0.00			0.00				11,429.20				64.76					0.00				6.75000000%
	00077BEE9													140.212527556			0.000000000			0.000000000			0.000000000				139.198850281					0.788726905				0.000000000						6.750000000%

	A-11						1,872,184.00					2,326,688.61					215,063.07			0.00			12,436.23				2,124,061.77				1,546.93					0.00				7.21187653%
	00077BEF6													1242.767062425			114.872827671			0.000000000			6.642632348				1134.536867103					0.826270281				0.000000000						7.191353838%

	M						4,880,000.00					4,595,574.54					6,958.41			0.00			0.00				4,588,616.13				25,850.11					0.00				6.75000000%
	00077BEL3													941.716094262			1.425903689			0.000000000			0.000000000				940.290190574					5.297153689				0.000000000						FIXED

	B-1						1,952,100.00					1,838,323.97					2,783.51			0.00			0.00				1,835,540.46				10,340.57					0.00				6.75000000%
	00077BEM1													941.716085242			1.425905435			0.000000000			0.000000000				940.290179806					5.297151785				0.000000000						FIXED

	B-2						976,000.00					919,114.93					1,391.68			0.00			0.00				917,723.25				5,170.02					0.00				6.75000000%
	00077BEN9													941.716116803			1.425901639			0.000000000			0.000000000				940.290215164					5.297151639				0.000000000						FIXED

	B-3						732,000.00					689,336.17					1,043.76			0.00			0.00				688,292.41				3,877.52					0.00				6.75000000%
	00077BEQ2													941.716079235			1.425901639			0.000000000			0.000000000				940.290177596					5.297158470				0.000000000						FIXED

	B-4						488,000.00					459,557.43					695.84			0.00			0.00				458,861.59				2,585.01					0.00				6.75000000%
	00077BER0													941.716045082			1.425901639			0.000000000			0.000000000				940.290143443					5.297151639				0.000000000						FIXED

	B-5						732,070.84					689,402.24					1,043.86			0.00			0.00				688,358.38				3,877.89					0.00				6.75000000%
	00077BES8													941.715203408			1.425900259			0.000000000			0.000000000				940.289303150					5.297151298				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								131,299,646.77				12,552,127.01			0.00			323,342.00				119,070,861.76				415,442.39					0.00

																										TOTAL P&I PAYMENT				12,967,569.40


	REG						244,003,768.00					131,299,646.53					12,228,785.01			0.00			0.00				119,070,861.52				738,784.39					0.00				6.75204610%
	NONE													538.104995698			50.117197411			0.000000000			0.000000000				487.987798287					3.027758121				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								131,299,646.53				12,228,785.01			0.00			0.00				119,070,861.52				738,784.40					0.01

																										TOTAL P&I PAYMENT				12,967,569.41


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
11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.																																						PAGE 2 OF 12

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

ABN AMRO MORTGAGE GROUP, INC., AS SERVICER

STATEMENT DATE:

11/25/2002

MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/25/2002

PRIOR PAYMENT:

10/25/2002

SERIES 1998-5

NEXT PAYMENT:

12/26/2002

RECORD DATE:

10/31/2002

ABN AMRO ACCT: 67-8063-10-8

CASH RECONCILIATION SUMMARY

INTEREST SUMMARY

SERVICING FEE SUMMARY

PRINCIPAL SUMMARY

CURRENT SCHEDULED INTEREST

717,898.08

CURRENT SERVICING FEES

25,642.96

SCHEDULED:

LESS DEFERRED INTEREST

0.00

PLUS FEES ADVANCED FOR PPIS

0.00

CURRENT SCHEDULED PRINCIPAL

188,726.25

PLUS ADVANCE INTEREST

46,529.28

LESS REDUCTION FOR PPIS

0.00

ADVANCED SCHEDULED PRINCIPAL

13,152.19

PLUS UNSCHEDULED INTEREST

0.00

PLUS DELINQUENT SERVICING FEES

1,711.14

SCHEDULED PRINCIPAL DISTRIBUTION

201,878.44

PPIS REDUCING SCHEDULED INTEREST

0.00

TOTAL SERVICING FEES

27,354.09

UNSCHEDULED:

LESS TOTAL FEES PAID TO SERVICER

(25,642.96)

CURTAILMENTS

543,294.44

PLUS FEES ADVANCED FOR PPIS

0.00

PREPAYMENTS IN FULL

11,483,612.13

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

740,152.10

REDUCED BY SHORTFALLS IN FEES

0.00

UNSCHEDULED PRINCIPAL DISTRIBUTION

12,026,906.57

LESS TRUSTEE FEE

(1,367.70)

REDUCED BY OTHER AMOUNTS

0.00

REMITTANCE PRINCIPAL

12,228,785.01

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

12,968,937.11

LESS INTEREST RESERVE WITHHOLDING

0.00

PPIS ALLOCATED TO CERTIFICATES

0.00

PLUS INTEREST RESERVE DEPOSIT

0.00

REMITTANCE INTEREST

738,784.40

POOL BALANCE SUMMARY

BALANCE/AMOUNT

COUNT

BEGINNING POOL

131,299,648.12

411

SCHEDULED PRINCIPAL DISTRIBUTION

201,878.44

UNSCHEDULED PRINCIPAL DISTRIBUTION

12,026,906.57

DEFERRED INTEREST

0.00

LIQUIDATIONS

0.00

REPURCHASES

0.00

ENDING POOL

119,070,863.11

374

ADVANCES

PRIOR OUTSTANDING

CURRENT PERIOD

RECOVERED

ENDING OUTSTANDING

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

MADE BY: SERVICER

26,049.62

113,564.28

13,152.19

46,529.28

17,619.03

77,443.98

21,582.78

82,649.58

11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 5 OF 12





	ABN AMRO

	LASALLE BANK		N.A.

					*ABN AMRO MORTGAGE CORPORATION*

															*ABN AMRO MORTGAGE GROUP, INC., AS SERVICER*																																	STATEMENT DATE:					11/25/2002
																																																PAYMENT DATE:					11/25/2002
															*MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
																																																PRIOR PAYMENT:						10/25/2002
															*SERIES 1998-5*
																																																NEXT PAYMENT:							12/26/2002
																																RECORD DATE:												10/31/2002


															*ABN AMRO ACCT: 67-8063-10-8*
															*BOND INTEREST RECONCILIATION*


																					DEDUCTIONS																				ADDITIONS
																																REMAINING
															ACCRUAL					PASS						ACCRUED
DEFERRED &

						PRIOR					INT ACCRUAL			PREPAY-				OTHER			DISTRIBUTABLE						INTEREST				CURRENT PERIOD					OUTSTANDING
																																CREDIT SUPPORT
													THRU						CERTIFICATE						ALLOCABLE					ACCRETION					INTEREST			INT. SHORT-					ON PRIOR			MENT						INTEREST					CERTIFICATE			PAYMENT		(SHORTFALL)/	INTEREST
			CLASS			METHOD DAYS								RATE				INTEREST						PPIS					INTEREST					LOSS/EXP						FALLS DUE			SHORTFALL (3)				PENALTIES		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			0.01		0.00		0.00	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	2.67%	6.86%
		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	2.67%	6.86%
		A-3					30/360		30	6.200000000%							204,705.17						0.00					0.00					0.00						0.00			0.00				0.00				0.00						204,705.17			204,705.17		0.00		0.00	2.67%	6.86%
		A-4					30/360		30	6.000000000%							95,796.13						0.00					0.00					0.00						0.00			0.00				0.00				0.00						95,796.13			95,796.13		0.00		0.00	2.67%	6.86%
		A-5							30	7.211875174%							349,578.96						0.00					310,905.77					0.00						0.00			0.00				0.00				0.00						38,673.19			38,673.19		0.00		0.00	2.67%	6.86%
		A-6					30/360		30	2.670000000%							4,730.64						0.00					0.00					0.00						0.00			0.00				0.00				0.00						4,730.64			4,730.64		0.00		0.00	2.67%	6.86%
		A-7					30/360		30	18.990000000%							11,215.35						0.00					0.00					0.00						0.00			0.00				0.00				0.00						11,215.35			11,215.35		0.00		0.00	2.67%	6.86%
		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	2.67%	6.86%
		A-9					30/360		30	6.750000000%							7,009.10						0.00					0.00					0.00						0.00			0.00				0.00				0.00						7,009.10			7,009.10		0.00		0.00	NA	NA
		A-10					30/360		30	6.750000000%							64.76						0.00					0.00					0.00						0.00			0.00				0.00				0.00						64.76			64.76		0.00		0.00	NA	NA
		A-11							30	7.211876530%							13,983.16						0.00					12,436.23					0.00						0.00			0.00				0.00				0.00						1,546.93			1,546.93		0.00		0.00	2.67%	6.86%
		M					30/360		30	6.750000000%							25,850.11						0.00					0.00					0.00						0.00			0.00				0.00				0.00						25,850.11			25,850.11		0.00		0.00	0.64%	2.97%
		B-1					30/360		30	6.750000000%							10,340.57						0.00					0.00					0.00						0.00			0.00				0.00				0.00						10,340.57			10,340.57		0.00		0.00	0.00%	1.42%
		B-2					30/360		30	6.750000000%							5,170.02						0.00					0.00					0.00						0.00			0.00				0.00				0.00						5,170.02			5,170.02		0.00		0.00	0.00%	0.64%
		B-3					30/360		30	6.750000000%							3,877.52						0.00					0.00					0.00						0.00			0.00				0.00				0.00						3,877.52			3,877.52		0.00		0.00	0.00%	0.06%
		B-4					30/360		30	6.750000000%							2,585.01						0.00					0.00					0.00						0.00			0.00				0.00				0.00						2,585.01			2,585.01		0.00		0.00	0.00%	0.00%
		B-5					30/360		30	6.750000000%							3,877.89						0.00					0.00					0.00						0.00			0.00				0.00				0.00						3,877.89			3,877.89		0.00		0.00	0.00%	0.00%
																738,784.39						0.00					323,342.00						0.00				0.00					0.00			0.00						0.00					415,442.39		415,442.40			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) 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 12
	11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.





		ABN AMRO

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

																																	STATEMENT DATE:							11/25/2002
												*ABN AMRO MORTGAGE GROUP, INC., AS SERVICER*																															PAYMENT DATE:							11/25/2002
																																											*MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
												PRIOR PAYMENT:									10/25/2002
												*SERIES 1998-5*
																																											NEXT PAYMENT:									12/26/2002
																																	RECORD DATE:									10/31/2002

												*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


					11/25/02		2		739,112						0	0				0		0			2	547,992				0	0			0			0				0		0					0			0
						0.53%				0.62%			0.00%				0.00%			0.00%			0.00%	0.53%			0.46%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					10/25/02		0		0						1	322,226				1		406,189			1	226,387				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.24%				0.25%			0.24%			0.31%	0.24%			0.17%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					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%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.																																											PAGE 7 OF 12





		ABN AMRO

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

																																	STATEMENT DATE:							11/25/2002
												*ABN AMRO MORTGAGE GROUP, INC., AS SERVICER*																															PAYMENT DATE:							11/25/2002
																																											*MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
												PRIOR PAYMENT:									10/25/2002
												*SERIES 1998-5*
																																											NEXT PAYMENT:									12/26/2002
																																	RECORD DATE:									10/31/2002

												*ABN AMRO ACCT: 67-8063-10-8*

												*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY*

																				*GROUP I*

											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


					11/25/02		2		739,112						0	0				0		0			2	547,992				0	0			0			0				0		0					0			0
						0.60%				0.68%			0.00%				0.00%			0.00%			0.00%	0.60%			0.51%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					10/25/02		0		0						1	322,226				1		406,189			1	226,387				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.27%				0.27%			0.27%			0.34%	0.27%			0.19%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					9/25/02		1		322,590						0	0				2		677,890			1	226,640				0	0			0			0				0		0					0			0
						0.25%				0.25%			0.00%				0.00%			0.51%			0.53%	0.25%			0.18%	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
						0.25%				0.21%			0.00%				0.00%			0.49%			0.51%	0.25%			0.17%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.25%				0.17%
					7/25/02		2		513,700						1	271,911				1		407,527			1	227,143				0	0			0			0				0		0					1			227,143
						0.48%				0.38%			0.24%				0.20%			0.24%			0.30%	0.24%			0.17%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.24%				0.17%
					6/25/02		1		272,238						0	0				1		407,968			1	227,393				0	0			0			0				0		0					1			227,393
						0.23%				0.19%			0.00%				0.00%			0.23%			0.29%	0.23%			0.16%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.23%				0.16%
					5/28/02		2		936,108						0	0				1		408,407			1	227,640				0	0			0			0				0		0					1			227,640
						0.45%				0.64%			0.00%				0.00%			0.23%			0.28%	0.23%			0.16%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.23%				0.16%
					4/25/02		1		367,119						0	0				2		634,107			1	227,887				0	0			0			0				0		0					1			227,887
						0.22%				0.25%			0.00%				0.00%			0.44%			0.43%	0.22%			0.15%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.22%				0.15%
					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%			0.43%			0.41%	0.21%			0.15%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.21%				0.15%
					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%			0.42%			0.41%	0.21%			0.15%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.21%				0.15%
					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%			0.41%				0.27%			0.41%			0.40%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.20%				0.14%
					12/26/01		4		1,097,491						1	410,560				1		228,858			0	0				0	0			0			0				0		0					1			228,858
						0.78%				0.66%			0.20%				0.25%			0.20%			0.14%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.20%				0.14%
					11/26/01		3		878,177						0	0				1		229,098			0	0				0	0			0			0				0		0					1			229,098
						0.58%				0.52%			0.00%				0.00%			0.19%			0.14%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.19%				0.14%
					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%			0.19%			0.13%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.19%				0.13%
					9/25/01		3		776,466						0	0				1		229,572			0	0				0	0			0			0				0		0					1			229,572
						0.57%				0.45%			0.00%				0.00%			0.19%			0.13%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.19%				0.13%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.																																											PAGE 8 OF 12





		ABN AMRO

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

																																	STATEMENT DATE:							11/25/2002
												*ABN AMRO MORTGAGE GROUP, INC., AS SERVICER*																															PAYMENT DATE:							11/25/2002
																																											*MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
												PRIOR PAYMENT:									10/25/2002
												*SERIES 1998-5*
																																											NEXT PAYMENT:									12/26/2002
																																	RECORD DATE:									10/31/2002

												*ABN AMRO ACCT: 67-8063-10-8*

												*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY*

																				*GROUP II*

											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


					11/25/02		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%
					10/25/02		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%
					9/25/02		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%
					8/26/02		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%
					7/25/02		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%
					6/25/02		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%
					5/28/02		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%
					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		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%
					2/25/02		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%
					1/25/02		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%
					12/26/01		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%
					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				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%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.																																											PAGE 9 OF 12





	ABN AMRO

	LASALLE BANK		N.A.
	*ABN AMRO MORTGAGE CORPORATION*
	*ABN AMRO MORTGAGE GROUP, INC., AS SERVICER*																															STATEMENT DATE:						11/25/2002
																												PAYMENT DATE:								11/25/2002
											*MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES*																														PRIOR PAYMENT:					10/25/2002
											*SERIES 1998-5*
																												NEXT PAYMENT:										12/26/2002
																												RECORD DATE:											10/31/2002
											*ABN AMRO ACCT: 67-8063-10-8*
											*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
				11/25/02		374			119,070,863				37		11,483,612				0	0			0	0			0				0			0			0						280		291		7.00%		6.75%
					52.16%					48.80%		9.00%				8.75%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				10/25/02		411			131,299,648				29		8,335,920				0	0			0	0			0				0			0			0						282		292		7.01%		6.76%
					57.32%					53.81%		6.59%				5.96%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				9/25/02		440			139,894,266				15		5,040,334				0	0			0	0			0				0			0			0						284		293		7.01%		6.76%
					61.37%					57.33%		3.30%				3.47%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				8/26/02		455			145,241,314				12		4,233,515				0	0			0	0			0				0			0			0						285		294		7.01%		6.76%
					63.46%					59.52%		2.57%				2.83%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				7/25/02		467			149,762,825				13		4,034,039				0	0			0	0			0				0			0			0						286		295		7.01%		6.76%
					65.13%					61.38%		2.71%				2.62%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				6/25/02		480			154,111,105				14		4,556,355				0	0			0	0			0				0			0			0						288		296		7.03%		6.78%
					66.95%					63.16%		2.83%				2.86%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				5/28/02		494			159,041,697				12		3,174,526				0	0			0	0			0				0			0			0						289		297		7.03%		6.78%
					68.90%					65.18%		2.37%				1.95%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				4/25/02		506			162,601,404				13		4,057,389				0	0			0	0			0				0			0			0						290		299		7.04%		6.79%
					70.57%					66.64%		2.50%				2.43%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				3/25/02		519			166,968,545				4		1,413,630				0	0			0	0			0				0			0			0						292		300		7.04%		6.79%
					72.38%					68.43%		0.76%				0.84%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				2/25/02		523			168,744,616				20		5,894,054				0	0			0	0			0				0			0			0						293		301		7.05%		6.80%
					72.94%					69.16%		3.68%				3.37%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				1/25/02		543			175,083,639				21		6,293,478				0	0			0	0			0				0			0			0						295		302		7.06%		6.81%
					75.73%					71.75%		3.72%				3.46%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				12/26/01		564			181,741,967				9		2,444,485				0	0			0	0			0				0			0			0						296		303		7.06%		6.81%
					78.66%					74.48%		1.57%				1.33%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				11/26/01		573			184,465,077				9		2,899,055				0	0			0	0			0				0			0			0						297		304		7.06%		6.81%
					79.92%					75.60%		1.55%				1.54%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				10/25/01		582			187,717,781				5		1,387,480				0	0			0	0			0				0			0			0						298		305		7.06%		6.81%
					81.17%					76.93%		0.85%				0.73%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				9/25/01		587			189,461,615				12		3,819,130				0	0			0	0			0				0			0			0						299		305		7.07%		6.82%
					81.87%					77.65%		2.00%				1.97%						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 10 OF 12
			11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

ABN AMRO MORTGAGE GROUP, INC., AS SERVICER

STATEMENT DATE:

11/25/2002

MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

11/25/2002

PRIOR PAYMENT:

10/25/2002

SERIES 1998-5

NEXT PAYMENT:

12/26/2002

RECORD DATE:

10/31/2002

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:

AGGREGATE PAYOFF AMOUNTS:

11,483,612.13

NUMBER OF CURTAILMENTS:

AGGREGATE CURTAILMENT AMOUNTS:

543,294.44

NUMBER OF LOANS IN FORECLOSURE:

BOOK VALUE OF LOANS IN FORECLOSURE:

547,992.01

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

11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 11 OF 12

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

11/25/2002

ABN AMRO MORTGAGE GROUP, INC., AS SERVICER

PAYMENT DATE:

11/25/2002

MULTI CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

10/25/2002

SERIES 1998-5

NEXT PAYMENT:

12/26/2002

RECORD DATE:

10/31/2002

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..

11/20/2002 - 10:25 (C069-C086) 2002 LASALLE BANK N.A.

PAGE 12 OF 12

ABN AMRO MORTGAGE CORP SERIES 1998-5 8-K