<PAGE> 1
THE MONEY STORE RESIDENTIAL LOAN NOTES
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
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> <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 6,406,921.11 33,182.51 2,940,685.02 0.00 2,973,867.53 3,466,236.09
Factors per
Thousand 1.13339857 100.44352290 101.57692147 118.39451071
-----------------------------------------------------------------------------------------------------------------------------------
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 200,000,000.00 102,891,921.11 617,713.82 2,940,685.02 0.00 3,558,398.84 99,951,236.09
Totals 3.08856910 14.70342510 17.79199420 499.75618045
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
GP n/a 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per
Thousand
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
Totals 200,000,000.00 102,891,921.11 617,713.82 2,940,685.02 0.00 3,558,398.84 99,951,236.09
===================================================================================================================================
</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: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
===============================================================================
Certificate Information
Current Interest Carry Forward
Requirement Amount
A-1 0.00 0.00
A-2 0.00 0.00
A-3 33,182.51 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: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
===================================================================================================================================
SCHEDULE OF REMITTANCE
<S> <C> <C> <C> <C> <C>
Aggregate Amount Received 3,656,970.51 FEES
Contingency Fee 22,630.53
Monthly Advance (incl. Comp Int.) 19,456.19 Expense Account 3,429.73
Capitalized Interest Account Transfer 0.00 FHA Premium Amount 3,658.89
Pre-funding Account Transfer 0.00 Servicer Fee 22,630.53
Amount Withdrawn from the Certificate Account 0.00
(Unreimbursed Monthly Advance) 0.00
(Servicer Fee) (22,630.53)
(Contingency Fee) (22,630.53) PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
(Late Charges) (39,975.50) 7/31/00 8/31/00 9/30/00
(Escrow) (25,702.68) ------- ------- -------
(Escrow) --------------- 13.822% 13.816% 13.813%
(91,483.05)
AVAILABLE REMITTANCE AMOUNT 3,565,487.46
===============
---------------------------------------- -------------------------------------------------------------------------
EXHIBIT O Outstanding Balance 107,471,052.70 DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
---------------------------------------- -------------------------------------------------------------------------
# Accounts 5,536 Delinquent 1-29 Days 538 9,270,493.55 8.63%
---------------------------------------- Delinquent 30-59 Days 112 1,897,059.06 1.77%
Delinquent 60-89 Days 51 781,601.20 0.73%
Delinquent 90 and over 63 954,429.45 0.89%
Loans in Foreclosure 2 87,047.88 0.08%
REO Property 1 104,569.17 0.10%
------------------------------------------------
TOTALS 767 13,095,200.31 12.18%
-----------------------------------------------------------------
===================================================================================================================================
</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: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
======================================================================================
COLLATERAL INFORMATION
<S> <C> <C>
Accelerated Principal Distribution 602,150.09
Adjusted Mortgage Interest Rate 12.273
Aggregate Beginning Principal Balance of Loans 110,460,069.40
Aggregate Ending Principal Balance of Loans 107,471,052.70
Amt. Reimb. to Servicer/Cert. Insurer from FHA Acct. 3,658.89
Available Maximum Subordination Amount 7,604,173.00
Compensating Interest 139.64
Curtailments 74,476.68
Excess and Monthly Payments 338,713.97
FHA Claims Filed 17,905.66
FHA Claims Paid 26,894.93
FHA Claims Pending 136,240.67
FHA Payments Denied 0.00
FHA and Related Payments Received 26,894.93
GP Remittance Amount Payable 0.00
Interest Received 1,251,267.29
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) 1,544,449.25
section 4.04 (f)I 45,261.06
Principal Prepayments (Number / Amount) 130 1,815,922.63
Realized Losses (Current / Cumulative) 734,228.76 19,982,316.55
Reimbursable Amount 0.00
Reserve Amount 814,712.31
Specified Subordinated Amount 10,800,000.01
Spread Amount 7,519,816.61
WAC 13.813%
WAM 193.545
Weighted Average Adjusted Mortgage Loan Remittance Rate
for class AF-1, AF-2, AF-3, AF-4, AF-5, B, M-1 &M-2 7.273%
TRIGGER EVENT CALCULATION
1. (i) Exceeds 50% of (ii) NO
(i) Sixty-day Delinquency Ratio 1.79%
(ii) Senior Enhancement Percentage 58.17%
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 2.01%
(y) The Cumulative Realized Losses exceeds $28,200,000 19,982,316.55
and (b) either (x) or (y) YES
(x) The Wtd Avg 5 Mth 60-Day Delinq. Ratio exceeds 15% or 2.01%
(y) The Cumulative Realized Losses exceed $9,400,000 19,982,316.55
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
