SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 10-K
ANNUAL REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
THE CHASE MANHATTAN BANK
(formerly known as "The Chase Manhattan Bank, National Association")
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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)
For the fiscal year 33-93570
ended December 31, 1996 Commission File Number
New York 13-2633612
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(State or other (IRS Employer
jurisdiction of 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)
Securities registered pursuant to Section 12(b) of the Act: None.
Securities registered pursuant to Section 12(g) of the Act: None.
Indicate by a check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports) and (2) has been subject to such
filing requirements for the past 90 days. Yes: x No:
The Issuer had no voting stock and no class of common stock outstanding on the
date of this report.
Registrant has not been involved in bankruptcy proceedings during the preceding
five years.
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Chase Manhattan Home Equity Loan Trust 1995-1 (the "Trust") was formed
pursuant to a Pooling and Servicing Agreement (the "Agreement") between
Chase Manhattan Bank USA, National Association, as Seller and Servicer, and an
unrelated trustee (the "Trustee"). The Revolving Home Equity Loan Asset
Backed Certificates, Series 1995-1 of the Trust represent the beneficial
ownership interest in the Trust. The Trust files reports pursuant to
Sections 13 and 15(d) of the Securities Exchange Act of 1934, as amended, in
manner described in "no-action" letters submitted to the Office of Chief
Counsel on behalf of the originators of comparable trusts. Accordingly,
responses to certain items have been omitted from or modified in this
Annual Report.
PART I
Item 1. Business.
Omitted.
Item 2. Properties.
The assets of the Trust consist of, among other things, a segregated pool
of revolving lines of credit secured by mortgages on one-to-four family houses.
Information regarding the mortgaged properties is included in the
Annual Statement of Compliance filed under Item 14 hereof.
Item 3. Legal Proceedings.
The registrant knows of no material pending legal proceedings with
respect to the Trust, the Seller or the Servicer.
Item 4. Submission of Matters to a Vote of Security Holders.
No matter was submitted to a vote of Certificateholders during the
fiscal year covered by this report.
PART II
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.
To the knowledge of the registrant, the Certificates are traded in
the over-the-counter market to a limited extent.
The records of the Trust indicate that as of December 31, 1996, there
was one Certificateholder of record.
Item 6. Selected Financial Data.
Omitted.
Item 7. Management's Discussion and Analysis of
Financial Condition and Results of Operations.
Omitted.
Item 8. Financial Statements and Supplementary Data.
Omitted.
Item 9. Changes in and Disagreements with Accountants on
Accounting and Financial Disclosure.
None.
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PART III
Item 10. Directors and Executive Officers of the Registrant.
Omitted.
Item 11. Executive Compensation.
Omitted.
Item 12. Security Ownership of Certain Beneficial Owners and
Management.
As of December 31, 1996, there were four beneficial owners
holding more than 5% of the Series 1995-1 Certificates.
Item 13. Certain Relationships and Related Transactions.
Omitted.
PART IV
Item 14. Exhibits, Financial Statement Schedules, and
Reports of Form 8-K.
(a) The following documents are filed as part of this Annual Report
on Form 10-K: NONE.
(b), (c), (d) Omitted.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized
Date: March 31, 1997
THE CHASE MANHATTAN BANK
as Servicer
By: /s/ Lois Deming
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Name: Lois Deming
Title: Senior Vice President
SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO
SECTION 15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED
SECURITIES PURSUANT TO SECTION 12 OF THE ACT.
No annual report, proxy statement, form of proxy or other proxy soliciting
material has been sent to Certificateholders during the period covered by this
Annual Report on Form 10-K and the registrant does not intend to furnish such
materials to Certificateholders subsequent to the filing of this report.
