<PAGE> 1
Exhibit 20.1
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
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>
AF-1 60935BEL9 6.89000% 401,250,000.00 242,201,000.00 1,390,637.41 5,012,000.00 0.00 6,402,637.41 237,189,000.00
Factors per Thousand 3.46576301 12.49096573 15.95672874 591.12523364
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AF-2 60935BEM7 6.72000% 133,750,000.00 80,728,000.00 452,076.80 1,671,000.00 0.00 2,123,076.80 79,057,000.00
Factors per Thousand 3.38001346 12.49345794 15.87347140 591.08037383
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POOL I 535,000,000.00 322,929,000.00 1,842,714.21 6,683,000.00 0.00 8,525,714.21 316,246,000.00
Totals 3.44432562 12.49158879 15.93591441 591.11401869
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A-V 60935BEN5 6.88000% 360,000,000.00 171,057,629.78 980,730.41 6,294,938.89 0.00 7,275,669.30 164,762,690.89
Factors per Thousand 2.72425114 17.48594136 20.21019250 457.67414136
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POOL II 360,000,000.00 171,057,629.78 980,730.41 6,294,938.89 0.00 7,275,669.30 164,762,690.89
Totals 2.72425114 17.48594136 20.21019250 457.67414136
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Totals 895,000,000.00 493,986,629.78 2,823,444.62 12,977,938.89 0.00 15,801,383.51 481,008,690.89
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</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
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
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CERTIFICATE INFORMATION OTHER TRUST INFORMATION
POOL I
Interest Carry Forward Monthly Advance
Requirement Amount for Bankruptcy Libor 6.620%
<S> <C> <C> <C> <C> <C>
AF-1 1,390,637.41 0.00 0.00 Aggregate Spread Account Beginning Balance 44,276,912.34
AF-2 452,076.80 0.00 0.00 Interest Earnings 230,952.07
Adjustments (168.03)
Deposits to Spread Account 185,691.36
Withdrawals from Spread Account (1,104,562.17)
POOL II Aggregate Ending Spread Account Balance 43,588,825.57
Aggregate Interest Earnings 3,682,723.85
AV 980,730.41 0.00 0.00 Aggregate Ending Spread Account Balance less 39,906,101.72
Aggregate Specified Spread Account Requirement 39,906,101.72
ROUNDING ACCOUNT ACTIVITY
POOL I POOL II
Prior Withdraw 843.03 0.00
Current Withdrawl 1,529.68 0.00
---------- --------
Net Withdraw/(Deposit) (686.65) 0.00
========== ========
===================================================================================================================================
</TABLE>
THE BANK OF NEW YORK
101 Barclay Street
New York, New York 10286
<PAGE> 3
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<CAPTION>
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POOL I
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
<S> <C> <C> <C> <C>
Aggregate Amount Received 9,040,996.15 Adjusted Mortgage Interest Rate 9.771%
Aggregate Beginning Principal Balance of Loans 322,950,080.70
Monthly Advance 139,592.72 Aggregate Ending Principal Balance of Loans 316,268,610.40
(Unreimbursed Monthly Advance) 0.00 Compensating Interest 161.25
(Servicer Fee) (63,594.45) Curtailments 702,832.02
(Contingency Fee) (63,594.45) Excess and Monthly Payments 542,137.27
(Late Charges) (87,723.40) Interest Received 2,649,781.35
(Escrow) (157,724.57) Monthly Excess Spread Percentage 100%
(Excess Spread) (786,841.50) Payments And Reimbursements to the Servicers Pursuant to:
-------------- Section 4.01(f) 127,188.90
(1,019,885.65) Principal Prepayments (Number/Amount) 113 4,858,734.35
Realized Losses (Current/Cumulative) 577,766.68 10,026,614.31
AVAILABLE REMITTANCE AMOUNT 8,021,110.50 Certificate Remittance Amount from Pool I 1,354,857.15
============== WAC 10.392%
WAM 264.23
FEES SPREAD ACCOUNT INFORMATION
Contingency Fee 63,594.45
Expense Account 3,027.46 Spread Account Beginning Balance 27,369,764.94
Insurance Fee 29,602.00 Interest Earnings 142,937.26
Servicer Fee 63,594.45 Adjustments (103.99)
Deposits to Spread Account 0.00
Withdrawals from Spread Account for Insured Payment 0.00
PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE Total Withdrawals from Spread Account (1,104,562.17)
INTEREST RATES Ending Spread Account Balance 26,408,036.04
8/31/00 9/30/00 10/31/00 Aggregate Interest Earnings 2,331,716.74
------- ------- -------- Ending Spread Account Balance less Interest Earnings 24,076,319.30
10.418% 10.411% 10.403% Specified Spread Account Requirement 20,062,500.00
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</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> 4
THE MONEY STORE ASSET BACKED CERTIFICATES
SERIES 1998-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<CAPTION>
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POOL II
SCHEDULE OF REMITTANCE COLLATERAL INFORMATION
<S> <C> <C> <C> <C>
Aggregate Amount Received 7,664,734.94 Adjusted Mortgage Interest Rate 10.373%
Aggregate Beginning Principal Balance of Loans 171,065,532.10
Monthly Advance 106,926.39 Aggregate Ending Principal Balance of Loans 164,770,593.20
(Unreimbursed Monthly Advance) 0.00 Compensating Interest 315.66
(Servicer Fee) (32,991.17) Curtailments 184,506.31
(Contingency Fee) (32,991.16) Excess and Monthly Payment 78,569.24
(Late Charges) (103,614.42) Interest Received 1,455,594.24
(Escrow) (122,921.33) Monthly Excess Spread Percentage 100%
(Excess Spread) (498,025.30) Payments And Reimbursements to the Servicers Pursuant to:
------------ Section 4.01(f) 65,982.33
(683,617.00) Principal Prepayments (Number/Amount) 73 5,718,520.51
Realized Losses (Current/Cumulative) 313,342.83 5,797,690.40
AVAILABLE REMITTANCE AMOUNT 6,981,117.94 Certificate Remittance Amount from Pool II 0.00
============ WAC 10.998%
WAM 331.78
FEES SPREAD ACCOUNT INFORMATION
Contingency Fee 32,991.16
Expense Account 2,102.58 Spread Account Beginning Balance 16,907,147.40
Insurance Fee 15,680.00 Interest Earnings 88,014.81
Servicer Fee 32,991.17 Adjustments (64.04)
Deposits to Spread Account 185,691.36
Withdrawals from Spread Account 0.00
PRIOR THREE MONTHS WEIGHTED AVERAGE MORTGAGE Ending Spread Account Balance 17,180,789.53
INTEREST RATES Aggregate Interest Earnings 1,351,007.11
8/31/00 9/30/00 10/31/00 Ending Spread Account Balance less Interest Earnings 15,829,782.42
------- ------- -------- Specified Spread Account Requirement 19,843,601.72
10.502% 10.813% 10.956%
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</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-C
STATEMENT TO CERTIFICATEHOLDER
RECORD DATE: 11/30/00
DETERMINATION DATE: 12/12/00
DISTRIBUTION DATE: 12/15/00
A
<TABLE>
<CAPTION>
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EXHIBIT L
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POOL I DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
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<S> <C> <C> <C> <C>
Delinquent 1-29 Days 633 29,046,426.20 9.18%
-------------------------------------------- Delinquent 30-59 Days 141 6,945,897.03 2.20%
Outstanding Balance 316,268,610.40 Delinquent 60-89 Days 60 2,764,217.64 0.87%
-------------------------------------------- Delinquent 90 and over 97 6,062,093.26 1.92%
# Accounts 6,246 Loans in Foreclosure 183 12,628,253.24 3.99%
-------------------------------------------- REO Property 67 3,999,257.96 1.26%
------------------------------------------------
TOTALS 1,181 61,446,145.33 19.43%
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POOL II DELINQUENT INFOR. # LOANS AMOUNT PERCENTAGE
-------------------------------------------------------------------------
Delinquent 1-29 Days 189 13,969,148.35 8.48%
-------------------------------------------- Delinquent 30-59 Days 64 5,441,661.32 3.30%
Outstanding Balance 164,770,593.20 Delinquent 60-89 Days 19 1,164,434.75 0.71%
-------------------------------------------- Delinquent 90 and over 65 5,807,691.27 3.52%
# Accounts 2,135 Loans in Foreclosure 165 13,993,540.98 8.49%
-------------------------------------------- REO Property 44 3,469,066.25 2.11%
------------------------------------------------
TOTALS 546 43,845,542.92 26.61%
==========================================================================================================================
</TABLE>
THE BANK OF NEW YORK KARON GREENE
101 Barclay Street PHONE: 212-815-8363
New York, New York 10286 FAX: 212-815-5309
