<PAGE> 1
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 08/31/00
SERIES 1998-A DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
[FIRST UNION LOGO]
<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>
AF-1 60935BCX5 6.35000% 131,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000 0.00000000 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-2 60935BDS5 6.20500% 66,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000 0.00000000 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-3 60935BCZ0 6.13000% 120,000,000.00 38,278,839.54 195,541.07 7,090,916.09 0.00 7,286,457.16 31,187,923.45
Factors per 1.62950893 59.09096740 60.72047633 259.89936210
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-4 60935BDA4 6.22500% 45,000,000.00 45,000,000.00 233,437.50 0.00 0.00 233,437.50 45,000,000.00
Factors per 5.18750000 0.00000000 5.18750000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-5 60935BDB2 6.37000% 59,000,000.00 59,000,000.00 313,191.67 0.00 0.00 313,191.67 59,000,000.00
Factors per 5.30833333 0.00000000 5.30833333 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-6 60935BDC0 6.47000% 43,000,000.00 43,000,000.00 231,841.67 0.00 0.00 231,841.67 43,000,000.00
Factors per 5.39166667 0.00000000 5.39166667 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-7 60935BDD8 6.87000% 49,000,000.00 49,000,000.00 280,525.00 0.00 0.00 280,525.00 49,000,000.00
Factors per 5.72500000 0.00000000 5.72500000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-8 60935BDE6 6.24500% 30,000,000.00 30,000,000.00 156,125.00 0.00 0.00 156,125.00 30,000,000.00
Factors per 5.20416667 0.00000000 5.20416667 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AF-9 60935BDF3 6.40000% 27,000,000.00 27,000,000.00 144,000.00 0.00 0.00 144,000.00 27,000,000.00
Factors per 5.33333333 0.00000000 5.33333333 47.36842105
Thousand
------------------------------------------------------------------------------------------------------------------------------------
Pool I 570,000,000.00 291,278,839.54 1,554,661.91 7,090,916.09 0.00 8,645,577.99 284,187,923.45
Totals 5.33736645 24.34408246 29.68144891 498.57530430
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
A-V 60935BDG1 6.79875% 530,000,000.00 173,242,888.90 1,014,246.88 0.00 0.00 1,014,246.88 173,242,888.90
Factors per 1.91367337 0.00000000 1.91367337 326.87
Thousand
------------------------------------------------------------------------------------------------------------------------------------
POOL II 530,000,000.00 173,242,888.90 1,014,246.88 0.00 0.00 1,014,246.88 173,242,888.90
Totals 1.91367337 0.00000000 1.91367337 326.87337528
====================================================================================================================================
</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 ASSET BACKED CERTIFICATES RECORD DATE: 08/31/00
SERIES 1998-A DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
[FIRST UNION LOGO]
<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>
AH-1 60935BDH9 6.35500% 55,523,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000 0.00000000 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AH-2 60935BDJ5 6.20000% 12,685,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per 0.00000000 0.00000000 0.00000000 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AH-3 60935BDK2 6.17500% 29,307,000.00 2,149,424.15 11,060.58 2,149,424.15 0.00 2,160,484.73 0.00
Factors per 0.37740398 73.34166411 73.71906809 0.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AH-4 60935BDL0 6.39500% 10,406,000.00 10,406,000.00 55,455.31 98,003.12 0.00 153,458.43 10,307,996.88
Factors per 5.32916667 9.41794354 14.74711021 990.58205646
Thousand
------------------------------------------------------------------------------------------------------------------------------------
AH-5 60935BDM8 6.91000% 18,510,000.00 18,510,000.00 106,586.75 0.00 0.00 106,586.75 18,510,000.00
Factors per 5.75833333 0.00000000 5.75833333 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
MH-1 60935BDN6 6.88500% 12,375,000.00 12,375,000.00 71,001.56 0.00 0.00 71,001.56 12,375,000.00
Factors per 5.73750000 0.00000000 5.73750000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
MH-2 60935BDP1 7.23000% 12,581,000.00 12,581,000.00 75,800.53 0.00 0.00 75,800.53 12,581,000.00
Factors per 6.02500000 0.00000000 6.02500000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
BH 60935BDQ9 7.96500% 13,613,000.00 13,613,000.00 90,356.29 0.00 0.00 90,356.29 13,613,000.00
Factors per 6.63750000 0.00000000 6.63750000 1000.00000000
Thousand
------------------------------------------------------------------------------------------------------------------------------------
Pool III 165,000,000.00 69,634,424.15 410,261.01 2,247,427.27 0.00 2,657,688.28 67,386,996.88
Totals 2.48643037 13.62077134 16.10720171 408.41
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
X n/a 0.00000% 0.00 0.00 8,471,348.00 0.00 0.00 8,471,348.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
R n/a 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
TOTALS 1,265,000,000.00 534,156,152.59 11,450,517.80 9,338,343.36 0.00 20,788,861.16 524,817,809.23
====================================================================================================================================
</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> 3
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 08/31/00
SERIES 1998-A DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
[FIRST UNION LOGO]
<TABLE>
<CAPTION>
==========================================================================================================================
Certificate Information
Pool I Pool III
Interest Carry Forward Monthly Advance Interest Carry Forward Monthly Advance
Requirement Amount for Bankruptcy Requirement Amount for Bankruptcy
<S> <C> <C> <C> <C> <C> <C> <C>
AF-1 0.00 0.00 0.00 AH-1 0.00 0.00 0.00
AF-2 0.00 0.00 0.00 AH-2 0.00 0.00 0.00
AF-3 195,541.07 0.00 0.00 AH-3 11,060.58 0.00 0.00
AF-4 233,437.50 0.00 0.00 AH-4 55,455.31 0.00 0.00
AF-5 313,191.67 0.00 0.00 AH-5 106,586.75 0.00 0.00
AF-6 231,841.67 0.00 0.00 MH-1 71,001.56 0.00 0.00
AF-7 280,525.00 0.00 0.00 MH-2 75,800.53 0.00 0.00
AF-8 156,125.00 0.00 0.00 BH 90,356.29 0.00 0.00
AF-9 144,000.00 0.00 0.00
<CAPTION>
Applied Realized Unapplied Realized
Pool II Loss Amount Loss Amount
<S> <C> <C> <C> <C> <C> <C>
AV 1,014,246.88 0.00 0.00 AH-1 0.00 0.00
AH-2 0.00 0.00
AH-3 0.00 0.00
AH-4 0.00 0.00
AH-5 0.00 0.00
MH-1 0.00 0.00
MH-2 0.00 0.00
BH 0.00 0.00
==========================================================================================================================
</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 ASSET BACKED CERTIFICATES RECORD DATE: 08/31/00
SERIES 1998-A DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
[FIRST UNION LOGO]
<TABLE>
==================================================================================================================================
POOL I
<S> <C> <C> <C> <C> <C>
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
Aggregate Amount Received 8,946,153.56 Adjusted Mortgage Interest Rate 9.840%
Aggregate Beginning Principal Balance of Loans 308,183,847.90
Monthly Advance 66,948.87 Aggregate Ending Principal Balance of Loans 301,241,677.00
(Unreimbursed Monthly Advance) 0.00 Class X Distribution 0.00
(Servicer Fee) (62,613.77) Compensating Interest 2,715.51
(Contingency Fee) (62,613.76) Curtailments 1,014,724.35
(Late Charges) (83,535.60) Excess and Monthly Payments 610,218.09
(Escrow) (131,453.92) Insured Payment for Pool I & II 0.00
(Excess Spread) (982,377.14) Interest Received 2,622,625.09
(Subordination Reduction Amount) 0.00 Monthly Excess Spread Percentage 100.000%
--------------- Payments And Reimbursements to the Servicers
(1,255,645.31) Pursuant to:
Section 5.04(b) 0.00
Section 5.04(c) 0.00
AVAILABLE REMITTANCE AMOUNT 7,690,508.25 Section 5.04(d)(ii) 0.00
=============== Section 5.04(e) 0.00
Section 5.04(f)(i) 125,227.53
FEES Principal Prepayments (Number / Amount) 113 4,482,131.50
Contingency Fee 62,613.76 Realized Losses/ Cumulative 835,097.00 11,333,369.02
Expense Account 2,427.32 Specified Subordinated Amount 17,100,000.00
Insurance Fee 24,880.07 Spread Account Balance 0.00
Servicer Fee 62,613.77 Subordinated Amount 16,069,911.40
WAC 10.485%
WAM 258.788
PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES Weighted Average Adjusted Mortgage Loan
5/31/00 06/30/00 07/31/00 Remittance Rate 6.517%
------- -------- --------
10.509% 10.500% 10.492%
==================================================================================================================================
</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> 5
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 08/31/00
SERIES 1998-A DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
[FIRST UNION LOGO]
<TABLE>
==================================================================================================================================
POOL II
<S> <C> <C> <C> <C> <C>
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
Aggregate Amount Received 9,795,658.16 Adjusted Mortgage Interest Rate 10.468%
Aggregate Beginning Principal Balance of Loans 201,067,888.90
Monthly Advance 41,809.93 Aggregate Ending Principal Balance of Loans 192,577,041.60
(Unreimbursed Monthly Advance) 0.00 Class X Distribution 8,471,348.01
(Servicer Fee) (40,872.80) Compensating Interest 294.94
(Contingency Fee) (40,872.79) Curtailments 1,267,635.79
(Late Charges) (73,360.12) Excess and Monthly Payment 93,632.67
(Escrow) (179,082.28) Insured Payment for Pool I & II 0.00
(Excess Spread) (746,345.83) Interest Received 1,818,213.58
(Subordination Reduction Amount) (7,671,744.93) Libor 6.61875%
--------------- Monthly Excess Spread Percentage 100.000%
(8,710,468.81) Payments And Reimbursements to the Servicers
Pursuant to:
Section 5.04(b) 0.00
AVAILABLE REMITTANCE AMOUNT 1,085,189.35 Section 5.04(c) 0.00
=============== Section 5.04(d)(ii) 0.00
Section 5.04(e) 0.00
FEES Section 5.04(f)(i) 81,745.59
Contingency Fee 40,872.79 Principal Prepayments (Number / Amount) 82 6,310,476.47
Expense Account 1,443.69 Realized Losses/ Cumulative 819,102.38 9,422,728.96
Insurance Fee 16,241.52 Specified Subordinated Amount 18,190,503.33
Servicer Fee 40,872.80 Spread Account Balance 0.00
Subordinated Amount 27,005,897.63
WAC 11.113%
PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES WAM 328.410
5/31/00 06/30/00 07/31/00 Weighted Average Adjusted Mortgage Loan
------- -------- -------- Remittance Rate 6.921%
10.999% 10.997% 11.026%
==================================================================================================================================
</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> 6
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 08/31/00
SERIES 1998-A DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
[FIRST UNION LOGO]
<TABLE>
==================================================================================================================================
POOL III
<S> <C> <C> <C> <C> <C>
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
Aggregate Amount Received 2,723,856.62 Accelerated Principal Distribution 0.00
Adjusted Mortgage Interest Rate 12.325%
Monthly Advance 26,159.34 Aggregate Beginning Principal Balance of Loans 77,415,155.82
(Unreimbursed Monthly Advance) 0.00 Aggregate Ending Principal Balance of Loans 75,180,826.61
(Servicer Fee) (15,650.18) Class X Distribution 0.00
(Contingency Fee) (15,650.18) Compensating Interest 402.23
(Late Charges) (32,343.83) Curtailments 48,961.91
(Escrow) (22,749.98) Excess and Monthly Payment 224,803.66
(Excess Spread) (386,470.62) FHA Claims Denied 0.00
(Subordination Reduction Amount) 0.00 FHA Claims Filed 90,132.25
--------------- FHA Claims Paid 97,800.20
(446,705.45) FHA Claims Pending 474,973.66
FHA Payments Received 97,800.20
Interest Received 803,033.23
AVAILABLE REMITTANCE AMOUNT 2,277,151.17 Maximum Subordinated Amount 6,366,564.00
=============== Monthly Excess Spread Percentage 100.000%
Payments And Reimbursements to the Servicers
FEES Pursuant to:
Contingency Fee 15,650.18 Section 5.04(f)(i) 31,300.36
Expense Account 1,160.57 Principal Prepayments (Number/Amount) 84 1,487,709.43
FHA Premium Account 4,772.93 Realized Losses/Cumulative 378,446.43 16,192,817.02
Servicer Fee 15,650.18 Senior Percentage/Class B Percent 100.000% 0.000%
Specified Subordinated Amount 9,900,000.00
Spread Account Balance 0.00
PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES Subordinated Amount 7,402,285.24
5/31/00 06/30/00 07/31/00 Trigger in Effect (Yes/No) No
------- -------- -------- WAC 12.868%
12.875% 12.872% 12.870% WAM 195.046
Weighted Average Adjusted Mortgage Loan
Remittance Rate 8.090%
Reserve Amount *
==================================================================================================================================
* = 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.
</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> 7
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 08/31/00
SERIES 1998-A DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
[FIRST UNION LOGO]
<TABLE>
====================================================================================================================================
POOL I
<S> <C> <C> <C> <C> <C>
====================================================================
DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
EXHIBIT 0 - Pool I ====================================================================
Delinquent 1-29 Days 561 28,071,278.19 9.32%
----------------------------------------------------- Delinquent 30-59 Days 126 6,563,451.22 2.18%
Outstanding Balance 301,241,677.00 Delinquent 60-89 Days 26 1,164,851.39 0.39%
----------------------------------------------------- Delinquent 90 and over 91 6,608,257.32 2.19%
# Accounts 5,689 Loans in Foreclosure 185 11,496,581.03 3.82%
----------------------------------------------------- REO Property 52 3,535,013.88 1.17%
---------------------------------------------
TOTALS 1,041 57,439,433.03 19.07%
====================================================================
====================================================================
DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
EXHIBIT 0 - Pool II ====================================================================
Delinquent 1-29 Days 223 17,311,526.23 8.99%
----------------------------------------------------- Delinquent 30-59 Days 83 6,253,110.38 3.25%
Outstanding Balance 192,577,041.60 Delinquent 60-89 Days 16 1,170,802.85 0.61%
----------------------------------------------------- Delinquent 90 and over 117 9,656,577.09 5.01%
# Accounts 2,367 Loans in Foreclosure 183 16,380,241.00 8.51%
----------------------------------------------------- REO Property 77 5,392,074.95 2.80%
---------------------------------------------
TOTALS 699 56,164,332.50 29.16%
====================================================================
====================================================================
DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
EXHIBIT 0 - Pool III ====================================================================
Delinquent 1-29 Days 661 12,076,050.32 16.06%
----------------------------------------------------- Delinquent 30-59 Days 106 1,959,212.80 2.61%
Outstanding Balance 75,180,826.61 Delinquent 60-89 Days 51 944,602.34 1.26%
----------------------------------------------------- Delinquent 90 and over 95 1,815,518.48 2.41%
# Accounts 4,309 Loans in Foreclosure 10 242,854.83 0.32%
----------------------------------------------------- REO Property 2 21,570.21 0.03%
---------------------------------------------
TOTALS 925 17,059,808.98 22.69%
====================================================================
====================================================================================================================================
</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
