RNS Number:3356H
Ocwen Mortgage Loans 3 PLC
15 March 2000


AS AGENT BANK, PLEASE BE ADVISED OF THE FOLLOWING RATE DETERMINED ON:
15-Mar-2000

ISSUE              : OCWEN MORTGAGE LOANS 3 PLC - CLASS B                       
                     #9,400,000 MORTGAGE BACKED FRN DUE MAY 2031

ISIN NUMBER        : XS0098004509

ISSUE NOMINAL GBP  : 9,400,000.00

PERIOD             : 15-MAR-2000  TO  17-APR-2000    PAYMENT DATE  17-APR-2000

NUMBER OF DAYS     : 33

RATE               : 8.5

DENOMINATION GBP   : #9,400,000.00

AMOUNT PAYABLE PER
DENOMINATION       : #72,040.98

FROM CHASE MANHATTAN BANK

END

RC JAMJTMMIBBBM
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