<PAGE> 1
THE MONEY STORE RESIDENTIAL LOAN NOTES RECORD DATE: 08/31/00
SERIES 1998-I DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
A
<TABLE>
<CAPTION>
====================================================================================================================================
Original Beginning Current Ending
Certificate Certificate Certificate Realized Total Certificate
Class Cusip Rate Balance Balance Interest Principal Loss Distribution Balance
------------------------------------------------------------------------------------------------------------------------------------
<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
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
A-3 60935FAR1 6.21500% 29,277,000.00 11,864,212.45 61,446.73 2,901,439.05 0.00 2,962,885.78 8,962,773.40
Factors per
Thousand 2.09880555 99.10301773 101.20182327 306.13701540
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------
POOL I 200,000,000.00 108,349,212.45 645,978.04 2,901,439.05 0.00 3,547,417.09 105,447,773.40
Totals 3.22989020 14.50719525 17.73708545 527.23886700
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
GP n/a 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per
Thousand
------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
Totals 200,000,000.00 108,349,212.45 645,978.04 2,901,439.05 0.00 3,547,417.09 105,447,773.40
====================================================================================================================================
</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 RECORD DATE: 08/31/00
SERIES 1998-I DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
A
================================================================================
Certificate Information
Current Interest Carry Forward
Requirement Amount
A-1 0.00 0.00
A-2 0.00 0.00
A-3 61,446.73 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 RECORD DATE: 08/31/00
SERIES 1998-I DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
A
<TABLE>
<S> <C> <C> <C>
====================================================================================================================================
SCHEDULE OF REMITTANCE
Aggregate Amount Received 3,603,893.23 FEES
Contingency Fee 23,263.21
Monthly Advance (incl. Comp Int.) 49,689.54 Expense Account 3,611.64
Capitalized Interest Account Transfer 0.00 FHA Premium Amount 3,652.24
Pre-funding Account Transfer 0.00 Servicer Fee 23,263.22
Amount Withdrawn from the Certificate Account 0.00
(Unreimbursed Monthly Advance) 0.00
(Servicer Fee) (23,263.22)
(Contingency Fee) (23,263.21) PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
(Late Charges) (33,430.29) 5/31/00 6/30/00 7/31/00
------- ------- -------
(Escrow) (18,945.07) 13.836% 13.827% 13.822%
----------------
(49,212.25)
AVAILABLE REMITTANCE AMOUNT 3,554,680.98
================
-------------------------------------- ---------------------------------------------------------------------------
EXHIBIT O Outstanding Balance 113,083,508.10 DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
-------------------------------------- ---------------------------------------------------------------------------
# Accounts 5,669 Delinquent 1-29 Days 548 9,013,308.81 7.97%
-------------------------------------- Delinquent 30-59 Days 114 1,815,112.41 1.61%
Delinquent 60-89 Days 71 1,302,161.03 1.15%
Delinquent 90 and over 64 1,121,693.92 0.99%
Loans in Foreclosure 1 11,733.84 0.01%
REO Property 1 104,569.17 0.09%
--------------------------------------------------
TOTALS 799 13,368,579.18 11.82%
===========================================================================
====================================================================================================================================
</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 RECORD DATE: 08/31/00
SERIES 1998-I DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
A
<TABLE>
<S> <C> <C>
=========================================================================================
COLLATERAL INFORMATION
Accelerated Principal Distribution 635,680.30
Adjusted Mortgage Interest Rate 12.282
Aggregate Beginning Principal Balance of Loans 115,972,617.90
Aggregate Ending Principal Balance of Loans 113,083,508.10
Amt. Reimb. to Servicer/Cert. Insurer from FHA Acct. 3,652.24
Available Maximum Suboridination Amount 7,604,173.00
Compensating Interest 68.84
Curtailments 73,126.93
Excess and Monthly Payments 322,462.17
FHA Claims Filed 35,276.32
FHA Claims Paid 0.00
FHA Claims Pending 187,753.48
FHA Payments Denied 0.00
FHA and Related Payments Received 0.00
GP Remittance Amount Payable 0.00
Interest Received 1,284,326.24
Payments and Reimbursments to the Servicers pursuant to:
section 4.04 (b) 0.00
section 4.04 (c) 0.00
section 4.04 (d)ii 0.00
section 4.04 (e) 1,876,596.62
section 4.04 (f)I 46,526.43
Principal Prepayments (Number / Amount) 128 1,856,208.85
Realized Losses (Current / Cumulative) 637,311.92 18,499,037.28
Reimbursable Amount 0.00
Reserve Amount *
Specified Subordinated Amount 10,800,000.01
Spread Amount 7,635,734.70
WAC 13.822%
WAM 194.472
Weighted Average Adjusted Mortgage Loan Remittance Rate
for class AF-1, AF-2, AF-3, AF-4, AF-5, B, M-1 &M-2 7.220%
TRIGGER EVENT CALCULATION
----------------
1. (i) Exceeds 50% of (ii) NO
----------------
(i) Sixty-day Delinquency Ratio 2.25%
(ii) Senior Enhancement Percentage 55.39%
----------------
2. Both(a) and (b) occur NO
----------------
(a) Either (x) or (y) occur NO
(x) The Wtd Avg 5 Mth 60-Day Delinq. Ratio does exceed 9% or 1.97%
(y) The Cumulative Realized Losses exceeds $28,200,000 18,499,037.28
and (b) either (x) or (y) YES
(x) The Wtd Avg 5 Mth 60-Day Delinq. Ratio exceeds 15% or 1.97%
(y) The Cumulative Realized Losses exceed $9,400,000 18,499,037.28
----------------
IF 1) OR 2) IS "YES" THEN TRIGGER EVENT IS IN EFFECT NO
================
=========================================================================================
</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
* = Left blank because the Servicer is reviewing the numbers based on
questions the Servicer has raised concerning the numbers previously
reported. Servicer is researching the issue and will report the results
of such research.
