<PAGE> 1
THE MONEY STORE ASSET BACKED CERTIFICATES RECORD DATE: 08/31/00
SERIES 1998-I DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
A
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<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 6.88875% 155,250,000.00 66,271,637.64 393,121.97 3,154,729.42 0.00 3,547,851.40 63,116,908.22
Factors per
Thousand 2.53218663 20.32031835 22.85250497 406.55013344
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MH-1 60934YAV2 7.16875% 16,750,000.00 16,750,000.00 103,399.26 0.00 0.00 103,399.26 16,750,000.00
Factors per
Thousand 6.17309028 0.00000000 6.17309028 1000.00000000
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MH-2 60934YAW0 7.36875% 15,250,000.00 15,250,000.00 96,766.02 0.00 0.00 96,766.02 15,250,000.00
Factors per
Thousand 6.34531250 0.00000000 6.34531250 1,000.00
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BH 60934YAX8 8.46875% 12,750,000.00 12,750,000.00 92,979.82 0.00 0.00 92,979.82 12,750,000.00
Factors per
Thousand 7.29253472 0.00000000 7.29253472 1,000.00
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POOL 200,000,000.00 111,021,637.64 686,267.07 3,154,729.42 0.00 3,840,996.49 107,866,908.22
TOTALS 6.18138125 28.41544667 34.59682792 539.33454108
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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 200,000,000.00 111,021,637.64 686,267.07 3,154,729.42 0.00 3,840,996.49 107,866,908.22
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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 RECORD DATE: 08/31/00
SERIES 1998-I DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
A
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<S> <C> <C> <C> <C> <C>
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Certificate Information
Interest Carry Forward Applied Realized Realized Unpaid Realized
Requirement Amount Loss Amount Loss Amount Loss Amount
AH 393,121.97 0.00 0.00 0.00 0.00
MH-1 103,399.26 0.00 0.00 0.00 0.00
MH-2 96,766.02 0.00 0.00 0.00 0.00
BH 92,979.82 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 RECORD DATE: 08/31/00
SERIES 1998-I DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
A
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<S> <C> <C> <C>
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SCHEDULE OF REMITTANCE
Aggregate Amount Received 3,909,436.91 FEES
Contingency Fee 23,009.49
(Contingency Fee) (23,009.49) Expense Account 1,850.36
(Escrow) (37,078.57) FHA Prremiun 7,812.19
(Late Charges) (33,231.54) Servicer Fee 23,009.49
(Servicer Fee) (23,009.49) Trust Administrator Fee 1,399.78
(Unreimbursed Monthly Advance) 0.00 FHA Custodian Fee 48.27
Monthly Advance 57,551.22
--------------
(58,777.87)
PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE INTEREST RATES
AVAILABLE REMITTANCE AMOUNT 3,850,659.04 5/31/00 6/30/00 7/31/00
============== ------- ------- -------
12.992% 12.984% 12.982%
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EXHIBIT L DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
-----------------------------------------------------------------------------
Delinquent 1-29 Days 843 17,187,990.08 15.28%
----------------------------------------------- Delinquent 30-59 Days 160 2,980,842.91 2.65%
Outstanding Balance 112,493,049.80 Delinquent 60-89 Days 92 1,624,745.38 1.44%
----------------------------------------------- Delinquent 90 and over 142 2,902,647.62 2.58%
# Accounts 5,936 Loans in Foreclosure 18 377,100.92 0.34%
----------------------------------------------- REO Property 3 60,816.16 0.05%
-------------------------------------------------------
TOTALS 1,258 25,134,143.07 22.34%
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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 RECORD DATE: 08/31/00
SERIES 1998-I DETERMINATION DATE: 09/12/00
STATEMENT TO CERTIFICATEHOLDER DISTRIBUTION DATE: 09/15/00
A
<TABLE>
<S> <C> <C> <C>
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COLLATERAL INFORMATION
Accelerated Principal Distribution 516,369.23 Payments And Reimbursements to the
Servicers Pursuant to:
Adjusted Mortgage Interest Rate 12.376% SECTION 5.04 (b) 0.00
Aggregate Beginning Principal Balance of
Loans 115,843,872.40 SECTION 5.04 (c) 0.00
Aggregate Ending Principal Balance of Loans 112,493,049.80 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) 1,876,596.62
Compensating Interest 444.36 SECTION 5.04 (f)(i) 46,018.98
Curtailments 106,997.35 Principal Prepayments (Number/Amount) 127 2,036,402.82
Excess and Monthly Payments 252,257.68 Realized Losses (Current/Cumulative) 796,876.44 17,446,866.55
FHA Payments and Related Payments Received 164,025.39 Reserve Amount *
FHA Claims Filed During the Due Period 140,067.22 Specified Subordinated Amount 10,300,000.00
FHA Claims Paid during the Due Period 164,025.39 Subordinated Amount 4,822,234.76
FHA Claims Denied by FHA During the Period 0.00 WAC 12.977%
FHA Claims Pending by FHA during the Period 689,791.59 WAM 211.41
FHA Cumulative Claims Paid 1,805,868.14 Weighted Average Adjusted Mortgage Loan Remittance Rate 7.207%
Interest Received 1,192,954.42
Libor 6.61875%
Monthly Excess Spread Percentage 100.000%
Net Funds Cap 12.457%
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
* = 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.
