<PAGE> 1
THE MONEY STORE RESIDENTIAL LOAN NOTES
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 09/30/00
DETERMINATION DATE: 10/11/00
DISTRIBUTION DATE: 10/16/00
A
<TABLE>
<CAPTION>
====================================================================================================================================
Original Beginning Current Ending
Certificate Certificate Certificate Realized Total Certificate
Class Cusip Rate Balance Balance Interest Principal Loss Distribution Balance
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 60935FAP5 6.40500% 54,493,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per Thousand 0.00000000 0.00000000 0.00000000 0.00000000
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A-2 60935FAQ3 6.20000% 19,745,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per Thousand 0.00000000 0.00000000 0.00000000 0.00000000
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A-3 60935FAR1 6.21500% 29,277,000.00 8,962,773.40 46,419.70 2,555,852.29 0.00 2,602,271.99 6,406,921.11
Factors per Thousand 1.58553472 87.29898179 88.88451651 218.83803361
------------------------------------------------------------------------------------------------------------------------------------
A-4 60935FAS9 6.51500% 23,496,000.00 23,496,000.00 127,563.70 0.00 0.00 127,563.70 23,496,000.00
Factors per Thousand 5.42916667 0.00000000 5.42916667 1000.00000000
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A-5 60935FAT7 7.17000% 17,989,000.00 17,989,000.00 107,484.28 0.00 0.00 107,484.28 17,989,000.00
Factors per Thousand 5.97500028 0.00000000 5.97500028 1000.00000000
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B 60935FAW0 8.40000% 13,500,000.00 13,500,000.00 94,500.00 0.00 0.00 94,500.00 13,500,000.00
Factors per Thousand 7.00000000 0.00000000 7.00000000 1000.00000000
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M-1 60935FAU4 7.27000% 22,500,000.00 22,500,000.00 136,312.50 0.00 0.00 136,312.50 22,500,000.00
Factors per Thousand 6.05833333 0.00000000 6.05833333 1000.00000000
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M-2 60935FAV2 7.49500% 19,000,000.00 19,000,000.00 118,670.83 0.00 0.00 118,670.83 19,000,000.00
Factors per Thousand 6.24583316 0.00000000 6.24583316 1000.00000000
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POOL I 200,000,000.00 105,447,773.40 630,951.01 2,555,852.29 0.00 3,186,803.30 102,891,921.11
Totals 3.15475505 12.77926145 15.93401650 514.45960555
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GP n/a 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per Thousand
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====================================================================================================================================
Totals 200,000,000.00 105,447,773.40 630,951.01 2,555,852.29 0.00 3,186,803.30 102,891,921.11
====================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 2
THE MONEY STORE RESIDENTIAL LOAN NOTES
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 09/30/00
DETERMINATION DATE: 10/11/00
DISTRIBUTION DATE: 10/16/00
A
================================================================================
Certificate Information
Current Interest Carry Forward
Requirement Amount
A-1 0.00 0.00
A-2 0.00 0.00
A-3 46,419.70 0.00
A-4 127,563.70 0.00
A-5 107,484.28 0.00
B 94,500.00 0.00
M-1 136,312.50 0.00
M-2 118,670.83 0.00
Applied Realized Unpaid Realized Interest Shortfall
Loss Amount Loss Amount Carryforward Amount
A 0.000% 0.000% 0.00
B 0.000% 0.000% 0.00
M 0.000% 0.000% 0.00
================================================================================
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 3
THE MONEY STORE RESIDENTIAL LOAN NOTES
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 09/30/00
DETERMINATION DATE: 10/11/00
DISTRIBUTION DATE: 10/16/00
A
<TABLE>
===================================================================================================================================
<S> <C> <C> <C> <C> <C>
SCHEDULE OF REMITTANCE
Aggregate Amount Received 3,259,271.78 FEES
Contingency Fee 23,124.13
Monthly Advance (incl. Comp Int.) 25,894.10 Expense Account 3,514.93
Capitalized Interest Account Transfer 0.00 FHA Premium Amount 3,686.32
Pre-funding Account Transfer 0.00 Servicer Fee 23,124.13
Amount Withdrawn from the Certificate Account 0.00
(Unreimbursed Monthly Advance) 0.00
(Servicer Fee) (23,124.13)
(Contingency Fee) (23,124.13) PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
(Late Charges) (25,983.71) 6/30/00 7/31/00 8/31/00
------- ------- -------
(Escrow) (18,929.37) 13.827% 13.822% 13.816%
----------------
(65,267.24)
AVAILABLE REMITTANCE AMOUNT 3,194,004.54
================
------------------------------------- ---------------------------------------------------------------------------
EXHIBIT O Outstanding Balance 110,460,069.40 DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
------------------------------------- ---------------------------------------------------------------------------
# Accounts Delinquent 1-29 Days 596 10,590,519.23 9.59%
------------------------------------- Delinquent 30-59 Days 107 1,489,533.84 1.35%
Delinquent 60-89 Days 69 953,843.92 0.86%
Delinquent 90 and over 80 1,406,911.54 1.27%
Loans in Foreclosure 1 11,733.84 0.01%
REO Property 1 104,569.17 0.09%
--------------------------------------------------
TOTALS 854 14,557,111.54 13.18%
===========================================================================
==================================================================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
<PAGE> 4
THE MONEY STORE RESIDENTIAL LOAN NOTES
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 09/30/00
DETERMINATION DATE: 10/11/00
DISTRIBUTION DATE: 10/16/00
A
<TABLE>
<CAPTION>
====================================================================================================================================
COLLATERAL INFORMATION
<S> <C> <C> <C>
Accelerated Principal Distribution 618,168.95 Principal Prepayments (Number/Amount) 92 1,419,389.01
Adjusted Mortgage Interest Rate 12.276 Realized Losses (Current/Cumulative) 749,050.51 19,248,087.79
Aggregate Beginning Principal
Balance of Loans 113,083,508.10 Reimbursable Amount 0.00
Aggregate Ending Principal Balance
of Loans 110,460,069.40 Reserve Amount 1,544,449.25
Amt. Reimb. to Servicer/Cert. Insurer
from FHA Acct. 3,686.32 Specified Subordinated Amount 10,800,000.01
Available Maximum Suboridination Amount 7,604,173.00 Spread Amount 7,568,148.29
Compensating Interest 13.67 WAC 13.816%
Curtailments 139,199.53 WAM 194.049
Excess and Monthly Payments 303,438.68 Weighted Average Adjusted Mortgage Loan Remittance Rate
FHA Claims Filed 34,984.14 for class AF-1, AF-2, AF-3, AF-4, AF-5, B, M-1 &M-2 7.244%
FHA Claims Paid 12,868.46
FHA Claims Pending 207,600.66 TRIGGER EVENT CALCULATION
FHA Payments Denied 0.00 1. (i) Exceeds 50% of (ii) NO
FHA and Related Payments Received 12,868.46 (i) Sixty-day Delinquency Ratio 2.24%
GP Remittance Amount Payable 0.00 (ii) Senior Enhancement Percentage 56.64%
Interest Received 1,275,204.15
Payments and Reimbursments to the
Servicers pursuant to: 2. Both(a) and (b) occur NO
section 4.04 (b) 0.00 (a) Either (x) or (y) occur NO
section 4.04 (c) 0.00 (x) The Wtd Avg 5 Mth 60-Day Delinq. Ratio does
exceed 9% or 2.04%
section 4.04 (d)ii 0.00 (y) The Cumulative Realized Losses exceeds $28,200,000 19,248,087.79
section 4.04 (e) 1,544,449.25 and (b) either (x) or (y) YES
section 4.04 (f)I 46,248.26 (x) The Wtd Avg 5 Mth 60-Day Delinq. Ratio exceeds 15% or 2.04%
(y) The Cumulative Realized Losses exceed $9,400,000 19,248,087.79
IF 1) OR 2) IS "YES" THEN TRIGGER EVENT IS IN EFFECT NO
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</TABLE>
FIRST UNION NATIONAL BANK ROBERT ASHBAUGH
Structured Finance Trust Services VICE PRESIDENT
401 South Tryon Street, 12th Floor PHONE: 704-383-9568
Charlotte, North Carolina 28288-1179 FAX: 704-383-6039
