<PAGE> 1
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
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>
AF-1 n/a 6.29000% 88,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per
Thousand 0.00000000 0.00000000 0.00000000 0.00000000
-----------------------------------------------------------------------------------------------------------------------------------
AF-2 60935BDS5 6.11500% 65,000,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per
Thousand 0.00000000 0.00000000 0.00000000 0.00000000
-----------------------------------------------------------------------------------------------------------------------------------
AF-3 60935BDT3 6.04000% 132,000,000.00 47,702,924.60 240,104.72 6,999,577.10 0.00 7,239,681.82 40,703,347.50
Factors per
Thousand 1.81897515 53.02709924 54.84607439 308.35869318
-----------------------------------------------------------------------------------------------------------------------------------
AF-4 60935BDU0 6.11500% 50,000,000.00 50,000,000.00 254,791.67 0.00 0.00 254,791.67 50,000,000.00
Factors per
Thousand 5.09583340 0.00000000 5.09583340 1000.00000000
-----------------------------------------------------------------------------------------------------------------------------------
AF-5 60935BDV8 6.22500% 35,000,000.00 35,000,000.00 181,562.50 0.00 0.00 181,562.50 35,000,000.00
Factors per
Thousand 5.18750000 0.00000000 5.18750000 1000.00000000
-----------------------------------------------------------------------------------------------------------------------------------
AF-6 60935BDW6 6.31500% 48,000,000.00 48,000,000.00 252,600.00 0.00 0.00 252,600.00 48,000,000.00
Factors per
Thousand 5.26250000 0.00000000 5.26250000 1000.00000000
-----------------------------------------------------------------------------------------------------------------------------------
AF-7 60935BDX4 6.65000% 52,969,000.00 52,969,000.00 293,536.54 0.00 0.00 293,536.54 52,969,000.00
Factors per
Thousand 5.54166664 0.00000000 5.54166664 1000.00000000
-----------------------------------------------------------------------------------------------------------------------------------
AF-8 60935BDY2 6.11000% 29,000,000.00 29,000,000.00 147,658.33 0.00 0.00 147,658.33 29,000,000.00
Factors per
Thousand 5.09166655 0.00000000 5.09166655 1000.00000000
-----------------------------------------------------------------------------------------------------------------------------------
AF-9 60935BDZ9 6.33500% 23,329,000.00 23,329,000.00 123,157.68 0.00 0.00 123,157.68 23,329,000.00
Factors per
Thousand 5.27916670 0.00000000 5.27916670 1000.00000000
-----------------------------------------------------------------------------------------------------------------------------------
POOL I 523,298,000.00 286,000,924.60 1,493,411.44 6,999,577.10 0.00 8,492,988.54 279,001,347.50
Totals 5.22170144 24.47396668 29.69566812 533.15959071
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
A-V 60935BEA3 6.77000% 524,381,000.00 195,498,308.80 1,102,936.29 7,342,878.90 0.00 8,445,815.19 188,155,429.90
Factors per
Thousand 2.10331093 14.00294614 16.10625707 358.81435426
-----------------------------------------------------------------------------------------------------------------------------------
POOL II 524,381,000.00 195,498,308.80 1,102,936.29 7,342,878.90 0.00 8,445,815.19 188,155,429.90
Totals 2.10331093 14.00294614 16.10625707 358.81435426
===================================================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 2
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
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>
AH-1 60935BEB1 6.14500% 78,226,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per
Thousand 0.00000000 0.00000000 0.00000000 0.00000000
------------------------------------------------------------------------------------------------------------------------------------
AH-2 60935BEC9 6.00000% 14,086,000.00 0.00 0.00 0.00 0.00 0.00 0.00
Factors per
Thousand 0.00000000 0.00000000 0.00000000 0.00000000
------------------------------------------------------------------------------------------------------------------------------------
AH-3 60935BED7 6.07000% 25,358,000.00 16,687,865.81 84,412.79 2,849,464.90 0.00 2,933,877.69 13,838,400.91
Factors per
Thousand 3.32884257 112.36946526 115.69830783 545.72130728
------------------------------------------------------------------------------------------------------------------------------------
AH-4 60935BEE5 6.17500% 11,345,000.00 11,345,000.00 58,379.48 0.00 0.00 58,379.48 11,345,000.00
Factors per
Thousand 5.14583341 0.00000000 5.14583341 1000.00000000
------------------------------------------------------------------------------------------------------------------------------------
AH-5 60935BEF2 6.32500% 9,470,000.00 9,470,000.00 49,914.79 0.00 0.00 49,914.79 9,470,000.00
Factors per
Thousand 5.27083316 0.00000000 5.27083316 1000.00000000
------------------------------------------------------------------------------------------------------------------------------------
AH-6 60935BEG0 6.55000% 13,002,000.00 13,002,000.00 70,969.25 0.00 0.00 70,969.25 13,002,000.00
Factors per
Thousand 5.45833333 0.00000000 5.45833333 1000.00000000
------------------------------------------------------------------------------------------------------------------------------------
MH-1 60935BEH8 6.60000% 15,899,000.00 15,899,000.00 87,444.50 0.00 0.00 87,444.50 15,899,000.00
Factors per
Thousand 5.50000000 0.00000000 5.50000000 1000.00000000
------------------------------------------------------------------------------------------------------------------------------------
MH-2 60935BEJ4 7.06000% 14,955,000.00 14,955,000.00 87,985.25 0.00 0.00 87,985.25 14,955,000.00
Factors per
Thousand 5.88333333 0.00000000 5.88333333 1000.00000000
------------------------------------------------------------------------------------------------------------------------------------
BH 60935BEK1 7.89500% 16,396,000.00 16,396,000.00 107,872.02 0.00 0.00 107,872.02 16,396,000.00
Factors per
Thousand 6.57916687 0.00000000 6.57916687 1000.00000000
------------------------------------------------------------------------------------------------------------------------------------
POOL III 198,737,000.00 97,754,865.81 546,978.08 2,849,464.90 0.00 3,396,442.98 94,905,400.91
Totals 2.75227099 14.33786814 17.09013913 477.54
------------------------------------------------------------------------------------------------------------------------------------
X n/a 0.00000% 0.00 0.00 766,758.71 0.00 0.00 766,758.71 0.00
------------------------------------------------------------------------------------------------------------------------------------
R n/a 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
TOTALS 1,246,416,000.00 579,254,099.21 3,910,084.52 17,191,920.90 0.00 21,102,005.42 562,062,178.31
====================================================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 3
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
===============================================================================
Certificate Information
POOL I
Interest Carry Forward Monthly Advance
Requirement Amount for Bankruptcy
AF-1 0.00 0.00 0.00
AF-2 0.00 0.00 0.00
AF-3 240,104.72 0.00 0.00
AF-4 254,791.67 0.00 0.00
AF-5 181,562.50 0.00 0.00
AF-6 252,600.00 0.00 0.00
AF-7 293,536.54 0.00 0.00
AF-8 147,658.33 0.00 0.00
AF-9 123,157.68 0.00 0.00
Pool II
AV 1,102,936.29 0.00 0.00
===============================================================================
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 4
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
=================================================================================================
Certificate Information
Pool III
Interest Carry Forward Monthly Advance Applied Realized Unapplied Realized
Requirement Amount for Bankruptcy Loss Amount Loss Amount
<S> <C> <C> <C> <C> <C>
AH-1 0.00 0.00 0.00 0.00 0.00
AH-2 0.00 0.00 0.00 0.00 0.00
AH-3 84,412.79 0.00 0.00 0.00 0.00
AH-4 58,379.48 0.00 0.00 0.00 0.00
AH-5 49,914.79 0.00 0.00 0.00 0.00
AH-6 70,969.25 0.00 0.00
MH-1 87,444.50 0.00 0.00 0.00 0.00
MH-2 87,985.25 0.00 0.00 0.00 0.00
BH 107,872.02 0.00 0.00 0.00 0.00
=================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 5
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
====================================================================================================================================
POOL I
SCHEDULE OF REMITTANCE
<S> <C> <C> <C> <C> <C>
Aggregate Amount Received 9,137,833.82 FEES
Contingency Fee 61,810.31
Monthly Advance 49,596.47 Expense Account 3,038.76
(Unreimbursed Monthly Advance) 0.00 Insurance Fee 24,429.25
(Servicer Fee) (61,810.31) Servicer Fee 61,810.32
(Contingency Fee) (61,810.31) Trust Administrator Fee 2,140.75
(Late Charges) (98,654.07)
(Escrow) (146,375.59)
(Excess Spread) (1,043,735.94)
(Subordination Reduction Amount) 0.00 PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
---------------
(1,362,789.75) 7/31/00 8/31/00 9/30/00
------- ------- -------
10.710% 10.701% 10.693%
AVAILABLE REMITTANCE AMOUNT 7,775,044.07
===============
------------------------------------------------------------------------------
EXHIBIT O DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
------------------------------------------------------------------------------
Delinquent 1-29 Days 566 24,504,104.77 8.30%
------------------------------------------------- Delinquent 30-59 Days 143 6,457,637.44 2.19%
Outstanding Balance $295,223,585.50 Delinquent 60-89 Days 62 2,334,488.40 0.79%
------------------------------------------------- Delinquent 90 and over 112 6,065,057.82 2.05%
# Accounts 6,245 Loans in Foreclosure 205 11,178,232.62 3.79%
------------------------------------------------- REO Property 66 3,394,385.66 1.15%
-------------------------------------------------------
TOTALS 1,154 53,933,906.71 18.27%
------------------------------------------------------------------------------
====================================================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 6
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
====================================================================================================================================
POOL I
COLLATERAL INFORMATION
<S> <C> <C>
Adjusted Mortgage Interest Rate 10.068% WAC 10.683%
Aggregate Beginning Principal Balance of Loans 302,223,162.60 WAM 253.83
Aggregate Ending Principal Balance of Loans 295,223,585.50 Weighted Average Adjusted Mortgage Loan Remittance Rate 6.381%
Class X Distribution from Pool I 298,323.45
Compensating Interest 413.69
Curtailments 1,098,500.69
Excess and Monthly Payments 574,522.78
Insured Payment 0.00
Interest Received 2,638,639.55
Monthly Excess Spread Percentage 100%
Payments And Reimbursements to the Servicers Pursuant to:
Section 5.04(b) 0.00
Section 5.04(c) 0.00
Section 5.04(d)(ii) 0.00
Section 5.04(e) 0.00
'Section 5.04(f)(I) 123,620.63
Principal Prepayments (Number/Amount) 127 4,580,446.23
Realized Losses (Current/Cumulative) 746,107.37 11,030,040.56
Specified Subordinated Amount 16,222,238.00
Subordinated Amount 15,476,130.60
====================================================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 7
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
===================================================================================================================================
POOL II
SCHEDULE OF REMITTANCE FEES
<S> <C> <C> <C>
Aggregate Amount Received 9,117,936.02 Contingency Fee 44,109.72
Expense Account 2,077.17
Monthly Advance 92,321.87 Insurance Fee 18,327.97
(Unreimbursed Monthly Advance) 0.00 Servicer Fee 44,109.73
(Servicer Fee) (44,109.72) Trust Administrator Fee 1,583.50
(Contingency Fee) (44,109.72)
(Late Charges) (100,873.80)
(Escrow) (133,752.80)
(Excess Spread) (811,879.71) PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
(Subordination Reduction Amount) 0.00 7/31/00 8/31/00 9/30/00
-------------- ------- ------- -------
(1,042,403.88) 10.729% 10.851% 10.870%
AVAILABLE REMITTANCE AMOUNT 8,075,532.14
==============
-------------------------------------------------------------------------------
EXHIBIT O DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
-------------------------------------------------------------------------------
Delinquent 1-29 Days 231 18,217,935.88 8.43%
---------------------------------------------
Outstanding Balance $ 216,209,812.90 Delinquent 30-59 Days 97 8,958,180.07 4.14%
---------------------------------------------
# Accounts 2,697 Delinquent 60-89 Days 30 2,603,942.21 1.20%
---------------------------------------------
Delinquent 90 and over 94 7,993,084.48 3.70%
Loans in Foreclosure 220 19,994,480.63 9.25%
REO Property 67 5,314,225.27 2.46%
------------------------------------------------------
TOTALS 739 63,081,848.54 29.18%
-------------------------------------------------------------------------------
===================================================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 8
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
====================================================================================================================================
POOL II
COLLATERAL INFORMATION
<S> <C> <C> <C>
Adjusted Mortgage Interest Rate 10.273% WAC 10.888%
Aggregate Beginning Principal Balance of Loans 223,552,691.80 WAM 330.00
Aggregate Ending Principal Balance of Loans 216,209,812.90 Weighted Average Adjusted Mortgage Loan Remittance Rate 6.895%
Class X Distribution from Pool II 421,191.51
Compensating Interest 1,021.71
Curtailments 572,359.07
Excess and Monthly Payment 63,634.96
Insured Payment 0.00
Interest Received 1,931,118.72
Interest Shortfall from Net Funds Cap Usage (A10)
Monthly Excess Spread Percentage 100%
Net Funds Cap (Rate) 9.763%
Payments And Reimbursements to the Servicers Pursuant to:
Section 5.04(b) 0.00
Section 5.04(c) 0.00
Section 5.04(d)(ii) 0.00
Section 5.04(e) 0.00
Section 5.04(f)(I) 88,219.45
Principal Prepayments (Number/Amount) 76 6,308,534.49
Realized Losses (Current/Cumulative) 398,350.42 7,076,762.41
Specified Subordinated Amount 28,054,383.00
Subordinated Amount 27,656,032.62
====================================================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 9
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
===================================================================================================================================
POOL III
SCHEDULE OF REMITTANCE FEES
<S> <C> <C> <C> <C> <C>
Aggregate Amount Received 3,499,839.43 Contingency Fee 20,304.45
Expense Account 1,629.25
Monthly Advance 42,105.08 FHA Premium Account 6,362.82
(Unreimbursed Monthly Advance) 0.00 FHA Custodian Fee 42.10
(Servicer Fee) (20,304.45) Reimbursable to the Servicer - FHA Account 934.31
(Contingency Fee) (20,304.45) Servicer Fee 20,304.45
(Late Charges) (23,287.16) Trust Administrator Fee 1,220.86
(Escrow) (26,369.65)
(Excess Spread) (495,860.47)
(Subordination Reduction Amount) 0.00 PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
---------------
(544,021.11) 7/31/00 8/31/00 9/30/00
------- ------- -------
12.914% 12.905% 12.905%
AVAILABLE REMITTANCE AMOUNT 2,955,818.32
===============
------------------------------------------------------------------------------
EXHIBIT O DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
------------------------------------------------------------------------------
Delinquent 1-29 Days 843 15,156,438.38 15.53%
----------------------------------------------- Delinquent 30-59 Days 187 3,396,790.50 3.48%
Outstanding Balance $ 97,606,952.50 Delinquent 60-89 Days 76 1,413,881.94 1.45%
----------------------------------------------- Delinquent 90 and over 106 1,819,390.23 1.86%
# Accounts 5,622 Loans in Foreclosure 16 317,042.25 0.32%
----------------------------------------------- REO Property 1 16,926.57 0.02%
----------------------------------------------------
TOTALS 1,229 22,120,469.87 22.66%
------------------------------------------------------------------------------
===================================================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
<PAGE> 10
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 10/31/00
DETERMINATION DATE: 11/10/00
DISTRIBUTION DATE: 11/15/00
A
<TABLE>
<CAPTION>
====================================================================================================================================
POOL III
COLLATERAL INFORMATION
<S> <C> <C> <C> <C>
Accelerated Principal Distribution 495,860.47 Payments And Reimbursements to the Servicers Pursuant to:
Adjusted Mortgage Interest Rate 12.392% Section 5.04(b) 0.00
Aggregate Beginning Principal Balance of Loans 101,036,788.20 Section 5.04(c) 0.00
Aggregate Ending Principal Balance of Loans 97,606,952.50 Section 5.04(d)(ii) 0.00
Class X Distribution from Pool III 47,243.75 Section 5.04(e) 0.00
Compensating Interest 188.72 Section 5.04(f)(I) 40,608.90
Curtailments 210,163.46 Principal Prepayments (Number/Amount) 123 1,949,846.81
Deposit to Spread Account due to Trigger Activation 0.00 Realized Losses (Current/Cumulative) 1,076,231.28 18,203,127.79
Excess and Monthly Payment 187,722.98 Reserve Amount 814,712.31
FHA Claims Denied 0.00 Senior Percentage/Class B Percent 100.00% 0.00%
FHA Claims Filed 55,903.11 Specified Subordinated Amount 12,321,742.20
FHA Claims Paid 5,871.18 Subordinated Amount 2,205,691.12
FHA Claims Pending 298,043.93 Trigger in Effect (Yes/No) No
FHA Payments Received 6,116.83 WAC 12.905%
Interest Received 1,042,971.62 WAM 197.59
Maximum Subordinated Amount 7,334,266.00 Weighted Average Adjusted Mortgage Loan Remittance Rate 7.734%
Monthly Excess Spread Percentage 100%
====================================================================================================================================
</TABLE>
The Bank of New York KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
