<PAGE> 1
THE MONEY STORE RESIDENTIAL LOAN NOTES
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
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 3,466,236.09 17,952.21 2,251,295.83 0.00 2,269,248.04 1,214,940.26
Factors per
Thousand 0.61318475 76.89639751 77.50958227 41.49811319
------------------------------------------------------------------------------------------------------------------------------------
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 99,951,236.09 602,483.52 2,251,295.83 0.00 2,853,779.35 97,699,940.26
Totals 3.01241760 11.25647915 14.26889675 488.49970130
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
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 99,951,236.09 602,483.52 2,251,295.83 0.00 2,853,779.35 97,699,940.26
====================================================================================================================================
</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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
================================================================================
Certificate Information
Current Interest Carry Forward
Requirement Amount
A-1 0.00 0.00
A-2 0.00 0.00
A-3 17,952.21 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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<S> <C> <C> <C>
====================================================================================================================================
SCHEDULE OF REMITTANCE
Aggregate Amount Received 2,910,789.62 FEES
Contingency Fee 21,517.32
Monthly Advance (incl. Comp Int.) 47,380.51 Expense Account 3,331.71
Capitalized Interest Account Transfer 0.00 FHA Premium Amount 3,425.18
Pre-funding Account Transfer 0.00 Servicer Fee 21,517.32
Amount Withdrawn from the Certificate Account 0.00
(Unreimbursed Monthly Advance) 0.00
(Servicer Fee) (21,517.32)
(Contingency Fee) (21,517.32) PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
(Late Charges) (29,441.98) 8/31/00 9/30/00 10/31/00
------- ------- --------
(Escrow) (25,157.27) 13.816% 13.813% 13.803%
----------------
(50,253.38)
AVAILABLE REMITTANCE AMOUNT 2,860,536.24
================
----------------------------------------- ------------------------------------------------------------------------
EXHIBIT O Outstanding Balance 105,268,710.00 DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
----------------------------------------- ------------------------------------------------------------------------
# Accounts 5,201 Delinquent 1-29 Days 585 10,867,500.46 10.32%
----------------------------------------- Delinquent 30-59 Days 95 1,531,243.60 1.45%
Delinquent 60-89 Days 57 1,147,327.08 1.09%
Delinquent 90 and over 46 694,619.33 0.66%
Loans in Foreclosure 2 87,047.88 0.08%
REO Property 1 104,569.17 0.10%
-----------------------------------------------
TOTALS 786 14,432,307.52 13.71%
========================================================================
====================================================================================================================================
</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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
================================================================================
COLLATERAL INFORMATION
Accelerated Principal Distribution 583,470.40
Adjusted Mortgage Interest Rate 12.263
Aggregate Beginning Principal Balance of Loans 107,471,052.70
Aggregate Ending Principal Balance of Loans 105,268,710.00
Amt. Reimb. to Servicer/Cert. Insurer from FHA Acct. 3,425.18
Available Maximum Subordination Amount 7,604,173.00
Compensating Interest 130.85
Curtailments 24,393.21
Excess and Monthly Payments 303,441.25
FHA Claims Filed 36,169.14
FHA Claims Paid 39,459.79
FHA Claims Pending 91,020.79
FHA Payments Denied 0.00
FHA and Related Payments Received 39,459.79
GP Remittance Amount Payable 0.00
Interest Received 1,187,060.31
Payments and Reimbursements 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) 585,218.58
section 4.04 (f)I 43,034.64
Principal Prepayments (Number/Amount) 109 1,246,729.36
Realized Losses (Current/Cumulative) 589,900.96 20,572,217.51
Reimbursable Amount 0.00
Reserve Amount 585,218.58
Specified Subordinated Amount 10,800,000.01
Spread Amount 7,568,769.74
WAC 13.803%
WAM 193.319
Weighted Average Adjusted Mortgage Loan Remittance Rate
for class AF-1, AF-2, AF-3, AF-4, AF-5, B, M-1 &M-2 7.297%
TRIGGER EVENT CALCULATION
1. (i) Exceeds 50% of (ii) NO
(i) Sixty-day Delinquency Ratio 1.93%
(ii) Senior Enhancement Percentage 59.44%
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 2.04%
(y) The Cumulative Realized Losses exceeds $28,200,000 20,572,217.51
and (b) either (x) or (y) YES
(x) The Wtd Avg 5 Mth 60-Day Delinq. Ratio exceeds 15% or 2.04%
(y) The Cumulative Realized Losses exceed $9,400,000 20,572,217.51
IF 1) OR 2) IS "YES" THEN TRIGGER EVENT IS IN EFFECT NO
================================================================================
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
