ABN AMRO's $355.2MM P-T Ctfs Series 2001-6 Rated By Fitch.

Business Editors

NEW YORK--(BUSINESS WIRE)--Oct. 2, 2001

ABN AMRO Mortgage Corporation's (AMAC) multi-class mortgage pass-through certificates, series 2001-6 Group I classes IA-1 through IA-7, IA-X, and A-P-1 ($265.1 million) and Group II classes IIA-1, IIA-X, and A-P-2 ($79.5 million) and class R ($100) are rated 'AAA' by Fitch. Additionally, class M ($5 million) certificates are rated 'AA', class B-1 ($2.1 million) certificates are rated 'A' and class B-2 ($1.4 million) certificates are rated 'BBB'.

The 'AAA' rating on the class A senior certificates reflects the 3% subordination provided by the 1.40% class M, the 0.60% class B-1, the 0.40% class B-2, and the 0.60% unoffered class B certificates. Fitch believes the amount of credit enhancement will be sufficient to cover credit losses, including limited bankruptcy, fraud and special hazard losses. The ratings also reflect the high quality of the underlying collateral, the integrity of the legal and financial structures and the servicing capabilities of ABN AMRO Mortgage Group, Inc (AAMG).

The mortgage pool will consist of two segregated groups of conventional fixed rate residential mortgage loans. All distributions of interest and principal as well as allocations of losses to the Group I and Group II certificates, will relate solely to Loan Group I and Loan Group II, respectively.

Loan Group I consists of recently originated, 30-year fixed-rate mortgage loans secured by one- to four-family residential properties located primarily in California (47.71%), New York (8.02%) and Illinois (6.34%). The weighted average original loan to value ratio (OLTV) of the pool is approximately 74.71%. Approximately 7.37% of the mortgage loans have an OLTV greater than 80%. The weighted average coupon of the 30-year loans is 7.40%. The weighted average remaining term is 358 months. The weighted average FICO is 721.

Loan Group II consists of recently originated, 15-year fixed-rate mortgage loans secured by one- to four-family residential properties located primarily in California (35.91%), Illinois (9.13%) and Texas (8.63%). The weighted average OLTV of the pool is approximately 64.45%. Approximately 2.96% of the mortgage loans have an OLTV greater than 80%. The weighted average coupon of the 15-year loans is 6.92%. The weighted average remaining term is 178 months. The weighted average FICO is 731.

ABN AMRO Mortgage Group, Inc. originated 100% of the loans. The loans will be serviced by AAMG, and The Chase Manhattan Bank will serve as trustee. AMAC, a special purpose corporation, deposited the loans into the trust, which then issued the certificates. For federal income tax purposes, one or more real estate mortgage investment conduit (REMIC) elections will be made.