SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: October 20, 1997
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THE CHASE MANHATTAN BANK
(formerly known as "The Chase Manhattan Bank, N.A.")
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(Originator of the Trust referred to herein)
(Exact name of registrant as specified in its charter)
CHASE MANHATTAN HOME EQUITY LOAN TRUST 1995-1
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(Issuer with respect to Certificates)
New York 33-93570 13-2633612
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
270 Park Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip code)
(212) 270-6000
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(Registrant's telephone number, including area code)
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Item 5. Other Events
On 10/15/1997, Chase Manhattan Home Equity Loan Trust 1995-1 (the "Trust")
made the distribution to Certificateholders contemplated by the Pooling and
Servicing Agreement, dated as of September 1, 1995, between The Chase Manhattan
Bank, as Seller and Servicer, and Norwest Bank Minnesota, National Association,
as Trustee.
A copy of the Certificateholder Report for such Distribution Date delivered
pursuant to section 5.03 of the Pooling and Servicing Agreement is being filed
as an exhibit to this Current Report on Form 8-K.
Item 7 (c). Exhibits
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Exhibit Description
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20.1 Monthly Certificateholders statement with respect to the
October 15, 1997 distribution.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Bank has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
THE CHASE MANHATTAN BANK
/s/ William J. Murray
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By: William J. Murray
Title: Vice President
Date: October 20, 1997
<PAGE>
INDEX TO EXHIBITS
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Exhibit Description
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20.1 Certificateholder Report dated
10/15/1997 delivered pursuant to
Section 5.03 of the Pooling and
Servicing Agreement dated as of
September 1, 1995.
Exhibit 20.1
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MONTHLY CERTIFICATE HOLDERS REPORT
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Creation Date : Tue Oct 14, 1997 11:02 AM CMHE 1995-1 PAGE No. 001
MONTHLY CERTIFICATE HOLDERS REPORT
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Due Period : 25Beginning Date : 09/01/1997 End Date : 09/30/1997
Determination Date : 10/09/1997 Remittance Date : 10/15/1997
CHASE HOME EQUITY LOAN TRUST, Series 1995-1
I. Floating Allocation Percentage
Beginning % 97.257249114322%
Ending % 97.229218380744%
II. Cash Received
SERVICER The Chase Manhattan Bank
Interest Collected 2,542,728.73
Principal Collected 8,983,336.03
Additional Draw 5,991,780.54
III. Pool Balance
Beginning Balance 295,709,241.49 295,709,241.49
Principal Payments 12,541,365.48 12,541,365.48
Prin Pay Rev 3,558,029.45 3,558,029.45
Advances 7,312,527.61 7,312,527.61
Advance Rev 1,320,747.07 1,320,747.07
Liquidation Loss 0.00 0.00
Ending Balance 292,717,686.00 292,717,686.00
<TABLE>
<CAPTION>
IV. Interest to Certificateholders
TRANCH Beg. Balance Rate Schduled Int Int Shrtfall Disbrsed Int
<S> <C> <C> <C> <C> <C>
A-1 256,849,859.26 5.89625000% $ 1,262,042.49 $ 0.00 $ 1,262,042.49
A-2 28,719,553.39 5.86000000% $ 140,247.15 $ 0.00 $ 140,247.15
TOTAL 285,569,412.65 $ 1,402,289.64 $ 0.00 $ 1,402,289.64
SI 8,116,349.95 0.00000000% $ 66,408.62 $ 0.00 $ 66,408.62
TOTAL 8,116,349.95 $ 66,408.62 $ 0.00 $ 66,408.62
V. Principal to Certificateholders
TRANCH Beg. Balance Schduled Principal Recovered Loss Ending Principal Cert. Factor
<S> <C> <C> <C> <C> <C>
A-1 256,849,859.26 2,690,696.46 0.00 254,159,162.80 0.7104674
A-2 28,719,553.39 300,859.03 0.00 28,418,694.36 0.7104674
TOTAL 285,569,412.65 2,991,555.49 0.00 282,577,857.16
SI 8,116,349.95 0.00 0.00 8,116,349.95 0.9999144
TOTAL 8,116,349.95 0.00 0.00 8,116,349.95
</TABLE>
VI. Overdue Interest
GROUP Overdue Interest Int. On Overdue Remaining Overdue
MORTGAGE GROUP ONE 0.00 0.00 0.00
VII. Invested Amount
GROUP Invested Amount
MORTGAGE GROUP ONE 284,607,118.16
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MONTHLY CERTIFICATE HOLDERS REPORT
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Due Period : 25Beginning Date : 09/01/1997 End Date : 09/30/1997
Determination Date : 10/09/1997 Remittance Date : 10/15/1997
VIII. Liquidation Loss
Liquidation Loss Amount 0.00
Loss Investor Cert. 0.00
Reimbursed Amount 0.00
Unreimbursed Amount 0.00
IX. Loss Recovery
Total Amount 0.00
X. Servicing Fee
SERVICER The Chase Manhattan Bank
Beginning Balance 295,709,241.49
Rate 0.5000%
Servicing Fee 123,212.18
XI. Single Certificate Principal Distribution
<TABLE>
<CAPTION>
TRANCH Orig. Balance Sched. Principal Certificate Value Pr.Dist / Cert.
<S> <C> <C> <C> <C>
A-1 357,735,172.00 2,690,696.46 1,000.00 $ 7.5214758587
A-2 40,000,000.00 300,859.03 1,000.00 $ 7.5214757500
TOTAL 397,735,172.00 2,991,555.49
SI 8,117,044.57 0.00 1,000.00 $ 0.0000000000
TOTAL 8,117,044.57 0.00
XII. Single Certificate Interest Distribution
TRANCH Orig. Balance Sched. Interest Certificate Value Int.Dist / Cert.
<S> <C> <C> <C> <C>
A-1 357,735,172.00 1,262,042.49 1,000.00 $ 3.5278680677
A-2 40,000,000.00 140,247.15 1,000.00 $ 3.5061787500
TOTAL 397,735,172.00 1,402,289.64
SI 8,117,044.57 66,408.62 1,000.00 $ 8.1813792480
TOTAL 8,117,044.57 66,408.62
</TABLE>
XIII. Insured Payment
GROUP Amount
MORTGAGE GROUP ONE 0.00
XIV. Transfer Deposit Amount
GROUP Amount
MORTGAGE GROUP ONE 0.00
<PAGE>
MONTHLY CERTIFICATE HOLDERS REPORT
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Due Period : 25Beginning Date : 09/01/1997 End Date : 09/30/1997
Determination Date : 10/09/1997 Remittance Date : 10/15/1997
XV. Delinquency Information for Due Period
PERIOD Number of Principal Balance
30 DAYS 102 3,029,806.53
60 DAYS 15 437,303.59
90 DAYS 1 37,400.43
120+ DAYS 24 994,085.92
TOTAL 142 4,498,596.47
FORECLOSR 0 0.00
TOTAL 0 0.00
REO 0 0.00
TOTAL 0 0.00
XVI. Book Value REO Property
GROUP Value
MORTGAGE GROUP ONE 0.00
XVII. Servicer Advance
SERVICER The Chase Manhattan Bank
Required Advances 0.00
Nonrecoverable Advances 0.00
