<PAGE> 1
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 09/30/00
DETERMINATION DATE: 10/11/00
DISTRIBUTION DATE: 10/16/00
A
<TABLE>
<CAPTION>
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Original Beginning Current Ending
Certificate Certificate Certificate Realized Total Certificate
Class Cusip Rate Balance Balance Interest Principal Loss Distribution Balance
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AH 60934YAP5 6.89125% 155,250,000.00 63,116,908.22 374,544.06 2,816,163.32 0.00 3,190,707.39 60,300,744.90
Factors per Thousand 2.41252213 18.13953832 20.55206046 388.41059514
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MH-1 60934YAV2 7.17125% 16,750,000.00 16,750,000.00 103,435.32 0.00 0.00 103,435.32 16,750,000.00
Factors per Thousand 6.17524306 0.00000000 6.17524306 1000.00000000
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MH-2 60934YAW0 7.37125% 15,250,000.00 15,250,000.00 96,798.85 0.00 0.00 96,798.85 15,250,000.00
Factors per Thousand 6.34746528 0.00000000 6.34746528 1,000.00
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BH 60934YAX8 8.47125% 12,750,000.00 12,750,000.00 93,007.27 0.00 0.00 93,007.27 12,750,000.00
Factors per Thousand 7.29468750 0.00000000 7.29468750 1,000.00
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POOL 200,000,000.00 107,866,908.22 667,785.49 2,816,163.32 0.00 3,483,948.82 105,050,744.90
Totals 6.19082817 26.10775975 32.29858791 525.25372448
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X n/a 0.00000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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TOTALS 200,000,000.00 107,866,908.22 667,785.49 2,816,163.32 0.00 3,483,948.82 105,050,744.90
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</TABLE>
FIRST UNION NATIONAL BANK ROB 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
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 09/30/00
DETERMINATION DATE: 10/11/00
DISTRIBUTION DATE: 10/16/00
A
<TABLE>
<CAPTION>
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Certificate Information
Interest Carry Forward Applied Realized Realized Unpaid Realized
Requirement Amount Loss Amount Loss Amount Loss Amount
<S> <C> <C> <C> <C> <C>
AH 374,544.06 0.00 0.00 0.00 0.00
MH-1 103,435.32 0.00 0.00 0.00 0.00
MH-2 96,798.85 0.00 0.00 0.00 0.00
BH 93,007.27 0.00 0.00 0.00 0.00
=====================================================================================
</TABLE>
FIRST UNION NATIONAL BANK ROB 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
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 09/30/00
DETERMINATION DATE: 10/11/00
DISTRIBUTION DATE: 10/16/00
A
<TABLE>
<CAPTION>
===================================================================================================================================
SCHEDULE OF REMITTANCE
<S> <C> <C>
Aggregate Amount Received 3,553,825.55 FEES
Contingency Fee 22,393.59
(Contingency Fee) (22,393.59) Expense Account 1,797.78
(Escrow) (31,111.91) FHA Premium Account 7,730.03
(Late Charges) (39,652.11) Servicer Fee 22,393.59
(Servicer Fee) (22,393.59) Trust Administrator Fee 1,359.29
(Unreimbursed Monthly Advance) 0.00 FHA Custodian Fee 46.87
Monthly Advance 55,202.28 Reimbursable to the Servicer - FHA Account 7,730.03
-------------
(60,348.92)
AVAILABLE REMITTANCE AMOUNT 3,493,476.63 PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
=============
6/30/00 7/31/00 8/31/00
------- ------- -------
12.984% 12.982% 12.977%
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EXHIBIT L DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
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Delinquent 1-29 Days 882 17,521,954.31 16.02%
--------------------------------------------- Delinquent 30-59 Days 160 3,309,257.89 3.03%
Outstanding Balance 109,363,236.90 Delinquent 60-89 Days 72 1,411,402.27 1.29%
--------------------------------------------- Delinquent 90 and over 156 3,065,294.26 2.80%
# Accounts 5,796 Loans in Foreclosure 19 378,376.89 0.35%
--------------------------------------------- REO Property 2 39,734.86 0.04%
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TOTALS 1,291 25,726,020.48 23.52%
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</TABLE>
FIRST UNION NATIONAL BANK ROB 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
SERIES 1998-I
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 09/30/00
DETERMINATION DATE: 10/11/00
DISTRIBUTION DATE: 10/16/00
A
<TABLE>
<S> <C> <C>
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COLLATERAL INFORMATION
Accelerated Principal Distribution 499,500.74 Payments And Reimbursements to the Servicers Pursuant to:
Adjusted Mortgage Interest Rate 12.369% SECTION 5.04 (b) 0.00
Aggregate Beginning Principal Balance of Loans 112,493,049.80 SECTION 5.04 (c) 0.00
Aggregate Ending Principal Balance of Loans 109,363,236.90 SECTION 5.04 (d)(ii) 0.00
Class X Remittance Amount Payable Pursuant to
section 6.08(d)(z)(xix) 0.00 SECTION 5.04 (e) 1,544,449.25
Compensating Interest 58.79 SECTION 5.04 (f)(i) 44,787.18
Curtailments 86,897.47 Principal Prepayments (Number/Amount) 104 1,908,349.43
Excess and Monthly Payments 233,810.02 Realized Losses (Current/Cumulative) 864,192.74 18,311,059.29
FHA Payments and Related Payments Received 38,308.74 Reserve Amount 1,544,449.25
FHA Claims Filed During the Due Period 110,098.86 Specified Subordinated Amount 10,300,000.00
FHA Claims Paid during the Due Period 38,308.74 Subordinated Amount 4,626,141.58
FHA Claims Denied by FHA During the Period 0.00 WAC 12.971%
FHA Claims Pending by FHA during the Period 702,471.89 WAM 210.51
FHA Cumulative Claims Paid 1,844,176.88 Weighted Average Adjusted Mortgage Loan Remittance Rate 7.217%
Interest Received 1,158,668.92
Libor 6.62125%
Monthly Excess Spread Percentage 100.000%
Net Funds Cap 12.451%
Supplemental Account Interest Payment For:
Class AH 0.00
Class MH-1 0.00
Class MH-2 0.00
Class BH 0.00
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</TABLE>
FIRST UNION NATIONAL BANK ROB 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
