PAGE 1      
     1/27/99
                                        
 VAROIC PHILADELPHIA 
                                   LOAN GUARANTY DIVISION LISTING 
                                      OFFERS UNDER CONSIDERATION 
                                       PENDING FINAL ACCEPTANCE 
                     (PROPERTIES APPEARING ON THIS LIST ARE NOT AVAILABLE FOR SALE)  
                                                                             
     PM       STREET   STREET            PROPERTY                           SALES                DATE OFFER 
     NUMBER   NUMBER   NAME              LOCATION       COUNTY              AGENT                ACCEPTED/SCHEDULED 
         
     468205   504  S   2ND STREET        STEELTON       DAUPHIN             CRONE REAL ESTATE    SOLD
     445602   1222 N   6TH STREET        READING        BERKS               PLEASANT VALLEY      01/07/99 01/21/99
     11355    4935 N   13TH STREET       PHILADELPHIA   PHILADELPHIA        CHARLES CLAYTON
     435887   1341 S   16TH STREET       PHILADELPHIA   PHILADELPHIA        WM. G. BURWELL
     343035   4446 N   16TH STREET       PHILADELPHIA   PHILADELPHIA        CHARLES CLAYTON      SOLD
     465846   7258 N   21ST STREET       PHILADELPHIA   PHILADELPHIA        DERRICK              SOLD
     13195    1724 S   60TH STREET       PHILADELPHIA   PHILADELPHIA        CITY OF PHILA                          
     312863   2023 S   60TH STREET       PHILADELPHIA   PHILADELPHIA        DOWNTOWN REALTY
     468268   846      BARKERS LANDING RD MAGNOLIA      KENT                HARRINGTON
     447173   BOX 147  BLUE MT DR. RR2   NEW RINGGOLD   SCHUYLKILL          PLEASANT VALLEY
     502415   716      BROOK STREET      SCRANTON       LACKAWANNA          WILKINS
     448755   762      BULLOCK AVENUE    YEADON         DELAWARE            ANSWER
     470682   4979     CHERRY LANE RD    TANNERSVILLE   MONROE              MCKEOWN
     469939   11       CHESTNUT STREET   NEWVILLE       CUMBERLAND          PLEASANT VALLEY      SOLD
     450680   875      DELAWARE AVENUE   PALMERTON      CARBON              PLEASANT VALLEY
     469159   16   E   DICKENS ROAD      CLAYMONT       NEW CASTLE          KELLEHER
     443622   1077     DINAHS CORNER RD  DOVER          KENT                REALTY 100
     322525   507      DIVISION STREET   HARRISBURG     DAUPHIN             CRONE REAL ESTATE    01/19/99 02/02/99
     445029   140  W   FISHER AVENUE     PHILADELPHIA   PHILADELPHIA        FOX & ROACH
     459660   105      FOX CHASE ROAD    WYOMING        KENT                REMAX HORIZONS
     447217   6040     FRONTENAC STREET  PHILADELPHIA   PHILADELPHIA        TABOR                SOLD
     439551   2241     GARRETT ROAD      HANOVER        YORK                C-21 HERITAGE
     405267   817      GLEN TERRACE      CHESTER        DELAWARE            ANSWER
     439735   2348     GREEN STREET      HARRISBURG     DAUPHIN             HELL-U-SELL
     451694   512      HIGH STREET       NORRISTOWN     MONTGOMERY          RE/MAX SERVICES
     457864   1129     HIGH STREET       WILLIAMSPORT   LYCOMING            C-21 STEINBACHER     01/05/99 01/20/99
     464115   295      HIGHVIEW DRIVE    LEOLA          LANCASTER           PLEASANT VALLEY      01/12/99 01/26/99
     500285   348      HOLYOKE DRIVE     YORK           YORK                AMERICAN EAGLE       SOLD
     504185   950      IVY DRIVE         LANCASTER      LANCASTER           ALL AMERICAN
     420093   239  W   JAMES STREET      LANCASTER      LANCASTER           ALL AMERICAN
     447107   348      JEFFERSON STREET  E GREENVILLE   MONTGOMERY          PLEASANT VALLEY      01/13/99 01/27/99
     376335   171      KALOS STREET      PHILADELPHIA   PHILADELPHIA        PLEASANT VALLEY
     432569   3661     KEEN AVENUE       COLUMBIA       LANCASTER           ALL AMERICAN
     455088   608      LEHIGH AVENUE     PALMERTON      CARBON              PLEASANT VALLEY
     448379   43       LOBLOLLY LANE     MIDDLETOWN     NEW CASTLE          KELLEHER             SOLD
     502939   8        MAIN STREET       SUSQUEHANNA    SUSQUEHANNA         C-21, MITCHELL       SOLD
     502125   300  S   MAIN STREET       YARDLEY        BUCKS               LANDCORP INTER
     452029   5618     MASCHER STREET    PHILADELPHIA   PHILADELPHIA        TOBEN
     439473   44       MIDLAND DRIVE     NEWARK         NEW CASTLE          KELLEHER
     460380   711      MILLER DRIVE      DOVER          KENT                RE/MAX HORIZONS
     367617   723  W   MOYAMENSING AVE   PHILADELPHIA   PHILADELPHIA        DOWNTOWN
 
     
      PAGE 2      
      1/27/99
                                     VAROIC PHILADELPHIA 
                                LOAN GUARANTY DIVISION LISTING 
                                   OFFERS UNDER CONSIDERATION 
                                   PENDING FINAL ACCEPTANCE 
                     (PROPERTIES APPEARING ON THIS LIST ARE NOT AVAILABLE FOR SALE)  
                                                                             
     PM       STREET   STREET            PROPERTY                           SALES                DATE OFFER 
     NUMBER   NUMBER   NAME              LOCATION       COUNTY              AGENT                ACCEPTED/SCHEDULED 
          
     376904   59    E  PENN STREET       PHILADELPHIA   PHILADELPHIA        VA DIRECT
     452495   14   N   PENNEWELL DR      WILMINGTON     NEW CASTLE          FALKOWSKI REALTY
     469648   1131  E  POPLAR STREET     YORK           YORK                C-21 HERITAGE        SOLD
     435786            RD 2, BOX 510     COGAN STATION  LYCOMING            ALL AMERICAN
     469806   26       RIDGE DRIVE       NEW CASTLE     NEW CASTLE          AMERICAN EAGLE
     425153   1851  S  RINGGOLD STREET   PHILADELPHIA   PHILADLEPHIA        VA DIRECT              
     454735            RR1, BOX 466      HONEY GROVE    JUNIATA             C-21 G & B ASSOC
     469873            ROUTE 1, BOX 124  DELMAR         SUSSEX              ERA HARRINGTON
     503002   22       SHAW AVENUE       LEWISTOWN      MIFFLIN             ALL AMERICAN
     440684   826      SMITH STREET      NORRISTOWN     MONTGOMERY          REMAX SERVICES       SOLD
     444438   549      STATE STREET      E.GREENVILLE   MONTGOMERY          PLEASANT VALLEY
     452362   1473     STEVENS STREET    PHILADELPHIA   PHILADELPHIA        TABOR REALTY
     451757   471      STONEBRIDGE BLVD  NEW CASTLE     NEW CASTLE          KELLEHER
     317928   5343     THOMAS STREET     PHILADELPHIA   PHILADELPHIA        DOWNES REALTY
     348007   621  E   THOMPSON STREET   PHILADELPHIA   PHILADELPHIA        DOLAN FAMILY REALTY  01/13/99 01/27/99
     462647   750      TWIN WILLOW RD    SMYRNA         KENT                REMAX HORIZONS
     397084   12014    TYRONE ROAD       PHILADELPHIA   PHILADELPHIA        TABOR REALTY         SOLD
     375065   1325     VINE STREET       SCRANTON       LACKAWANNA          JOHN M. VANDERHOFF   SOLD
     469786   5013     WARRINGTON AVENUE PHILADELPHIA   PHILADELPHIA        QUALITY R E 
     442818   1922     WHEATLAND AVENUE  LANCASTER      LANCASTER           ROHRBACH REAL ESTATE
     510864   121      WEST STREET       HARRINGTON     KENT                BH&G REMAX 100
     295581   3114     WEYMOUTH STREET   PHILADELPHIA   PHILADELPHIA        DOWNTOWN REALTY















     










     PAGE 3
     11/30/98
                                         VAROIC PHILADELPHIA 
                                   LOAN GUARANTY DIVISION LISTING 
                                      OFFERS UNDER CONSIDERATION 
                                       PENDING FINAL ACCEPTANCE 
                     (PROPERTIES APPEARING ON THIS LIST ARE NOT AVAILABLE FOR SALE)  
                                                                             
     PM       STREET   STREET            PROPERTY                           SALES                DATE OFFER 
     NUMBER   NUMBER   NAME              LOCATION       COUNTY              AGENT                ACCEPTED/SCHEDULED 
    
     
     
     
     
Y SALES DATE OFFER NUMBER NUMBER NAME LOCATION COUNTY AGENT ACCEPTED/SCHEDULED
     
     
     
     
ng> ON COUNTY AGENT ACCEPTED/SCHEDULED