<PAGE> 1
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
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>
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 40,703,347.50 204,873.52 5,940,146.20 0.00 6,145,019.72 34,763,201.30
Factors per
Thousand 1.55207212 45.00110758 46.55317970 263.35758561
------------------------------------------------------------------------------------------------------------------------------------
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 523,298,000.00 279,001,347.50 1,458,180.24 5,940,146.20 0.00 7,398,326.44 273,061,201.30
Totals 5.22642723 21.29074377 26.51717100 521.80822648
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
A-V 60935BEA3 6.77000% 524,381,000.00 188,155,429.90 1,061,510.22 7,539,405.80 0.00 8,600,916.02 180,616,024.10
Factors per
Thousand 2.02431099 14.37772497 16.40203596 344.43662928
------------------------------------------------------------------------------------------------------------------------------------
POOL II 524,381,000.00 188,155,429.90 1,061,510.22 7,539,405.80 0.00 8,600,916.02 180,616,024.10
Totals 2.02431099 14.37772497 16.40203596 344.43662928
====================================================================================================================================
</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: 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>
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 13,838,400.91 69,999.24 2,547,872.38 0.00 2,617,871.62 11,290,528.53
Factors per
Thousand 2.76044010 100.47607777 103.23651786 445.24522951
------------------------------------------------------------------------------------------------------------------------------------
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 94,905,400.91 532,564.53 2,547,872.38 0.00 3,080,436.91 92,357,528.53
Totals 2.67974524 12.82032223 15.50006748 464.72
------------------------------------------------------------------------------------------------------------------------------------
X n/a 0.00000% 0.00 0.00 668,526.41 0.00 0.00 668,526.41 0.00
------------------------------------------------------------------------------------------------------------------------------------
R n/a 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
------------------------------------------------------------------------------------------------------------------------------------
TOTALS 1,246,416,000.00 562,062,178.31 3,720,781.40 16,027,424.38 0.00 19,748,205.78 546,034,753.93
====================================================================================================================================
</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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
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-3 204,873.52 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 1,061,510.22 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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
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 69,999.24 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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<S> <C> <C>
====================================================================================================================================
POOL I
SCHEDULE OF REMITTANCE
Aggregate Amount Received 8,051,292.17 FEES
Contingency Fee 58,174.78
Monthly Advance 138,095.91 Expense Account 2,964.39
(Unreimbursed Monthly Advance) 0.00 Insurance Fee 23,831.37
(Servicer Fee) (58,174.78) Servicer Fee 58,174.78
(Contingency Fee) (58,174.78) Trust Administrator Fee 2,091.17
(Late Charges) (93,681.86)
(Escrow) (152,574.56)
(Excess Spread) (1,018,273.99)
(Subordination Reduction Amount) 0.00 PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
--------------
(1,242,784.07) 8/31/00 9/30/00 10/31/00
------- ------- --------
10.701% 10.693% 10.683%
AVAILABLE REMITTANCE AMOUNT 6,808,508.10
==============
----------------------------------------------------------------------------------
EXHIBIT O DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
----------------------------------------------------------------------------------
Delinquent 1-29 Days 580 24,373,499.47 8.43%
---------------------------------------- Delinquent 30-59 Days 137 6,763,186.07 2.34%
Outstanding Balance $289,283,439.30 Delinquent 60-89 Days 54 2,088,942.11 0.72%
---------------------------------------- Delinquent 90 and over 119 6,614,504.96 2.29%
# Accounts 6,115 Loans in Foreclosure 212 11,315,304.70 3.91%
---------------------------------------- REO Property 58 3,017,892.08 1.04%
-----------------------------------------------------------
TOTALS 1,160 54,173,329.39 18.73%
----------------------------------------------------------------------------------
====================================================================================================================================
</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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<S> <C> <C>
====================================================================================================================================
POOL I
COLLATERAL INFORMATION
Adjusted Mortgage Interest Rate 10.060% WAC 10.675%
Aggregate Beginning Principal Balance of Loans 295,223,585.50 WAM 253.29
Aggregate Ending Principal Balance of Loans 289,283,439.30 Weighted Average Adjusted Mortgage Loan Remittance Rate 6.387%
Class X Distribution from Pool I 401,659.90
Compensating Interest 1,008.53
Curtailments 461,564.91
Excess and Monthly Payments 529,194.49
Insured Payment 0.00
Interest Received 2,481,503.64
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) 116,349.56
Principal Prepayments (Number/Amount) 102 4,270,057.46
Realized Losses (Current/Cumulative) 679,329.39 11,709,369.95
Specified Subordinated Amount 16,222,238.00
Subordinated Amount 15,542,908.66
====================================================================================================================================
</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> 7
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-B
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<S> <C> <C> <C>
====================================================================================================================================
POOL II
SCHEDULE OF REMITTANCE FEES
Aggregate Amount Received 9,034,038.38 Contingency Fee 41,679.83
Expense Account 1,999.15
Monthly Advance 136,122.19 Insurance Fee 17,639.57
(Unreimbursed Monthly Advance) 0.00 Servicer Fee 41,679.83
(Servicer Fee) (41,679.83) Trust Administrator Fee 1,531.49
(Contingency Fee) (41,679.83)
(Late Charges) (85,390.21)
(Escrow) (178,968.32)
(Excess Spread) (794,651.36) PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
(Subordination Reduction Amount) 0.00 8/31/00 9/30/00 10/31/00
--------------- ------- ------- --------
(1,006,247.36) 10.851% 10.870% 10.888%
AVAILABLE REMITTANCE AMOUNT 8,027,791.02
===============
-----------------------------------------------------------------------------------
EXHIBIT O DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
-----------------------------------------------------------------------------------
Delinquent 1-29 Days 238 19,558,351.03 9.37%
---------------------------------------- Delinquent 30-59 Days 59 5,146,806.48 2.47%
Outstanding Balance $ 208,670,407.10 Delinquent 60-89 Days 28 2,516,240.87 1.21%
---------------------------------------- Delinquent 90 and over 105 9,535,641.70 4.57%
# Accounts 2,603 Loans in Foreclosure 218 19,899,729.05 9.54%
---------------------------------------- REO Property 72 5,799,198.46 2.78%
----------------------------------------------------------
TOTALS 720 62,455,967.59 29.93%
-----------------------------------------------------------------------------------
====================================================================================================================================
</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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<S> <C> <C> <C>
====================================================================================================================================
POOL II
COLLATERAL INFORMATION
Adjusted Mortgage Interest Rate 10.296% WAC 10.911%
Aggregate Beginning Principal Balance of Loans 216,209,812.90 WAM 328.99
Aggregate Ending Principal Balance of Loans 208,670,407.10 Weighted Average Adjusted Mortgage Loan Remittance Rate 6.895%
Class X Distribution from Pool II 201,887.64
Compensating Interest 4,465.86
Curtailments 687,873.42
Excess and Monthly Payment 28,179.71
Insured Payment 0.00
Interest Received 1,823,037.77
Interest Shortfall from Net Funds Cap Usage (A10)
Monthly Excess Spread Percentage 100%
Net Funds Cap (Rate) 9.786%
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) 83,359.66
Principal Prepayments (Number/Amount) 79 6,229,040.25
Realized Losses (Current/Cumulative) 594,312.42 7,671,074.83
Specified Subordinated Amount 28,054,383.00
Subordinated Amount 27,460,070.58
====================================================================================================================================
</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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<S> <C> <C> <C>
====================================================================================================================================
POOL III
SCHEDULE OF REMITTANCE FEES
Aggregate Amount Received 3,218,120.10 Contingency Fee 19,610.05
Expense Account 1,581.76
Monthly Advance 36,802.41 FHA Premium Account 6,118.42
(Unreimbursed Monthly Advance) 0.00 FHA Custodian Fee 40.67
(Servicer Fee) (19,610.05) Reimbursable to the Servicer - FHA Account 940.00
(Contingency Fee) (19,610.05) Servicer Fee 19,610.06
(Late Charges) (36,030.32) Trust Administrator Fee 1,179.42
(Escrow) (26,556.13)
(Excess Spread) (474,702.90)
(Subordination Reduction Amount) 0.00 PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
---------------
(539,707.04) 8/31/00 9/30/00 10/31/00
------- ------- --------
12.905% 12.905% 12.905%
AVAILABLE REMITTANCE AMOUNT 2,678,413.06
===============
------------------------------------------------------------------------------
EXHIBIT O DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
------------------------------------------------------------------------------
Delinquent 1-29 Days 916 16,221,276.14 17.09%
---------------------------------------- Delinquent 30-59 Days 160 2,807,820.93 2.96%
Outstanding Balance $ 94,930,827.72 Delinquent 60-89 Days 71 1,270,687.20 1.34%
---------------------------------------- Delinquent 90 and over 98 1,717,392.02 1.81%
# Accounts 5,482 Loans in Foreclosure 13 274,759.39 0.29%
---------------------------------------- REO Property 1 16,926.57 0.02%
--------------------------------------------------
TOTALS 1,259 22,308,862.25 23.50%
------------------------------------------------------------------------------
====================================================================================================================================
</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: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<S> <C> <C> <C>
====================================================================================================================================
POOL III
COLLATERAL INFORMATION
Accelerated Principal Distribution 474,702.90 Payments And Reimbursements to the Servicers Pursuant to:
Adjusted Mortgage Interest Rate 12.390% Section 5.04(b) 0.00
Aggregate Beginning Principal Balance of Loans 97,606,952.50 Section 5.04(c) 0.00
Aggregate Ending Principal Balance of Loans 94,930,827.72 Section 5.04(d)(ii) 0.00
Class X Distribution from Pool III 64,978.86 Section 5.04(e) 0.00
Compensating Interest 91.79 Section 5.04(f)(I) 39,220.11
Curtailments 95,500.23 Principal Prepayments (Number/Amount) 96 1,578,842.75
Deposit to Spread Account due to Trigger Activation 0.00 Realized Losses (Current/Cumulative) 602,955.30 18,806,083.09
Excess and Monthly Payment 257,387.77 Reserve Amount 585,218.58
FHA Claims Denied 0.00 Senior Percentage/Class B Percent 100.00% 0.00%
FHA Claims Filed 17,690.85 Specified Subordinated Amount 12,321,742.20
FHA Claims Paid 141,438.73 Subordinated Amount 2,098,596.29
FHA Claims Pending 145,665.95 Trigger in Effect (Yes/No) No
FHA Payments Received 147,585.84 WAC 12.903%
Interest Received 1,011,266.89 WAM 196.59
Maximum Subordinated Amount 7,334,266.00 Weighted Average Adjusted Mortgage Loan Remittance Rate 7.754%
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
