SECURITIMISS ION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant5(d) of the Securities Exchange Act of 1934
Date of Report: 27-Sep-99
ADVANTA 1998-4A, 1998-4B, 1998-4C
New York 333-52351-02 "Pending"
333-52351-03
333-52351-04
c/o ADVAUSA
Attn: H. John Berens
10790 Rancho Bernardo Road
San Diego, CA 92127
(858) 676-3099
Item 5. Other Events
Informatdis tributions to Certificate holders
for the y Pe riod of the Trust in respect of
the MortSeri es 1998-4, Class A, Class B
and Clastes" ) issued by the Registrant and the
performanclu ding distributions of principal
and intelanc es of Home Loans,
and the rem aining), together with certain other
informatcer tificates, is contained in the
Monthly hly Period provided to certificateholders
pursuantSer vicing Agreement (the "Agreement")
dated as8 be tween ADVANTA Mortgage Corp.,
USA as Ss Tr ust Company, as Trustee.
Item 7. Financial Statements, Exhibits
Exhibit . Exhibit
1Monthly Report for the August, 1999 Monthly
Period relating to the Mortgage Backed Notes
Series 1998-4, Class A, Class B, and Class C
issued by the ADVANTA Mortgage Loan
Trust 1998-4A, 1998-4B, 1998-4C.
EXHIBIT INDEX
Exhibit
1. port for the August, 1999 Monthly
Period ratin g to the Mortgage Backed Notes, Series
1998-4, ass A, Class B, and Class C issued by the
ADVANTA rtga ge Loan Trust 1998-4A, 1998-4B, 1998-4C.
SIGNATURE
Pursuants of the Securities Exchange Act
of 1934,dul y caused this report to be signed
on its bigne d thereunto duly authorized.
ADVANTA 1998-4A, 19984-B, 1998-4C.
BY: rtga ge Corp., USA
BY: n Be rens
H. John rens
Senior Ve Pr esident
Advanta rtga ge
30-Sep-99
<TABLE>
EXHIBIT 1
ADVANTA rtga ge Loan Trust 1998-4A
Sta tement to Certificateholders
<CAPTION>
Original Prior
Face Principal
Class Balance Interest Principal Total
<S> <C> <C> <C> <C>
A 0,00 0 579,225,68 3,206,31 10,404,29 13,610,609.07
A Certificate 1,237,06 1,237,062.47
Totals 0,00 0 579,225,68 4,443,37 10,404,29 14,847,671.54
</TABLE>
<TABLE>
<CAPTION>
Current Pass-Through
Realized Deferred Principal Rates
Class Interest Balance Current Next
<S> <C> <C> <C> <C>
A 568,821,392. 6.038750% 6.082500%
A Certificate NA NA
Totals ########
</TABLE>
<TABLE>
<CAPTION>
Prior Current
Principal Principal
Class Balance Interest Principal Total Balance
<S> <C> <C> <C> <C> <C>
A C4 891.116440 4.932794 16.006605 20.939399 875.109835
A Certificate 0.000000 1.903173 0.000000 1.903173 0.000000
</TABLE>
<TABLE>
Delinque:
<CAPTION>
90+ Days Loans Loans
30-59 60-89 excldg f/c,REO in in
Days Days & Bkrptcy Bankruptcy REO
<S> <C> <C> <C> <C> <C>
Trust A Bala n 13,619,897.93 2,698,355.52 722,877.09 5,570,087.68 1,070,289.01
% of PooBala n 2.29458% 0.45460% 0.12179% 0.93841% 0.18031%
Number oLoan s 261 64 17 85 21
% of Loans 2.77660% 0.68085% 0.18085% 0.90426% 0.22340%
Loans
in
Foreclosure
<C>
Trust A Bala n 9,673,957.18
% of PooBala n 1.62980%
Number oLoan s 177
% of Loans 1.88%
</TABLE>
<TABLE>
General mati on:
<CAPTION>
Trust A
<S> <C>
Beginnine Lo an Balance 603,971,905.65
Prefunding 0
Principal Reduct########
Ending Aoan Balance 593,567,612.43
Beginnine Lo an Count 9554
Ending Aoan Count 9400
Current upon Rate 9.655072%
Next Wein Ra te 9.644068%
</TABLE>
<TABLE>
Mortgageucti on Information:
<CAPTION>
Trust A
<S> <C>
Scheduled Princi########
Curtailments 0
Prepayments ########
Repurchases 0
Substitutions 0
Liquidation Proc########
Other Principal 0
Less: Realized L########
Total Principal ########
</TABLE>
<TABLE>
Servicer Information:
<CAPTION>
Trust A
<S> <C>
Accrued he C urrent Period 251,654.96
Less: Amrest Shortfalls 4,737.86
Less: Dees 58,484.35
Collecter Cu rrent Period: 188,432.75
Advanced PrincipN/A
Advanced Interes########
</TABLE>
<TABLE>
<CAPTION>
Other Scheduled Interest Available Available Funds
Prepayment Unscheduled Principal Carry Funds Cap Cap Carry
Principal Principal Distribution Forward Current Forward
Class d Distributed Amount Amount Amount Amount
<S> <C> <C> <C> <C> <C>
Class A 844, 3 560 10,321,409 -
-
Total 844, 3 560 10,321,409 -
Applied
RealizedLoss
Amount
<S> <C> <C> <C> <C> <C>
Class A -
-
Total -
</TABLE>
<TABLE>
<CAPTION>
Prior Current
Has a Remaining Over- Accelerated Extra Over
Trigger vent Pre-Funded Collateral Principal Principal Collateral
Occurre d Amount Amount Distributed Distributed Amount
<S> <C> <C> <C> <C> <C>
Trust A 0.00 24,746,219.80 82,883.64 0.00 24,746,219.80
Total 24,746,219 82 0.00 24,746,219.80
Specifi ed Over-
Over- Collateral
Collateral Deficit
Amount Amount
<S> <S>
Trust A 19.80 0.00
Total 19.80 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
Trust A Insured 0
Pool Rolnque ncy rate 0.012285
Pool Cumsses - Average of 12 preceeding remittance periods 0.00%
Pool Cumsses - Percentage of the original aggregate loan balance 0.00%
Book Value of RE########
Cumulatige l oans repurchased to date 11
Unreimbuvici ng Advances Paid Back to Servicer This Period 29,594.41
</TABLE>
<TABLE>
TOTAL AVAILABLE FUNDS:
<CAPTION>
<S> <C> <C> <C>
Current tere st Collected: 3,655,583.54
PrincipaColl ected: 9,844,239.68
InsurancProc eeds Received: -
Net Liquatio n Proceeds: 477,169.90
Delinquey Ad vances on Mortgage Interest: 1,145,425.49
Delinquey Ad vances on Mortgage Principal NA
Repurchaand Substitution Amounts: -
Trust Teinat ion Proceeds: -
InvestmeEar nings on Certificate Account: 14,499.67
Capitalid In terest Requirement: -
Capitalid In terest Fund Earnings 0.00
Capitalid In terest Account 0.00
InvestmeEar nings on Pre-Funding Account 0.00
RemaininPre- Funding Account: -
Sum of tAbo ve Amounts: 15,136,918.28
LESS:
ServicinFees (including PPIS): 193,170.61
Non Recorabl e Advance 209.10
IndenturTrus tee Fees: 3,523.17
Owner Trtee Fees: 0
InsurancPrem iums: 62,749.45
Reimbursent of Delinquency Advances/Servicin 29,594.41
Total Rectio ns to Available Funds Amount: 289,246.74
Total Avlabl e Funds: 14,847,671.54
</TABLE>
<TABLE>
EXHIBIT 1
ADVANTA rtga ge Loan Trust 1998-4B
Sta tement to Certificateholders
<CAPTION>
Original Prior
Face Principal
Class Balance Interest Principal Total
<S> <C> <C> <C> <C>
B 0,00 0 313,074,16 1,733,02 5,062,2 6,795,315.43
B Certificate 586,1 586,152.30
Totals 0,00 0 313,074,16 2,319,18 5,062,2 7,381,467.73
</TABLE>
<TABLE>
<CAPTION>
Current Pass-Through
Realized Deferred Principal Rates
Class Interest Balance Current Next
<S> <C> <C> <C> <C>
B 308,011,879. 6.038750% 6.082500%
B Certificate NA NA
Totals ########
</TABLE>
<TABLE>
<CAPTION>
Prior Current
Principal Principal
Class Balance Interest Principal Total Balance
<S> <C> <C> <C> <C> <C>
B D2 894.497618 4.951510 14.463677 19.415187 880.033941
B Certificate 0.000000 0.901773 0.000000 0.901773 0.000000
</TABLE>
<TABLE>
Delinque:
<CAPTION>
90+ Days Loans Loans
30-59 60-89 excldg f/c,REO in in
Days Days & Bkrptcy Bankruptcy REO
<S> <C> <C> <C> <C> <C>
Trust B Bala n 6,323,379.00 2,695,968.15 552,154.75 2,170,399.59 438,242.09
% of PooBala n 1.96784% 0.83899% 0.17183% 0.67543% 0.13638%
Number oLoan s 114 40 12 34 10
% of Loans 2.67983% 0.94029% 0.28209% 0.79925% 0.23507%
Loans
in
Foreclosure
<C>
Trust B Bala n 6,487,807.57
% of PooBala n 2.01901%
Number oLoan s 99
% of Loans 2.33%
</TABLE>
<TABLE>
General mati on:
<CAPTION>
Trust B
<S> <C>
Beginnine Lo an Balance 326,255,824.98
Subsequedded This Period 0.00
Principal Reduct########
Ending Aoan Balance 321,336,752.49
Beginnine Lo an Count 4316
Ending Aoan Count 4254
Current upon Rate 9.663181%
Next Wein Ra te 9.649039%
</TABLE>
<TABLE>
Mortgageucti on Information:
<CAPTION>
Trust B
<S> <C>
Scheduled Princi########
Curtailments 0
Prepayments ########
Repurchases 0
Substitutions 0
Liquidation Proc 0
Other Principal 0
Less: Realized L 0
Total Principal ########
</TABLE>
<TABLE>
Servicer Information:
<CAPTION>
Trust B
<S> <C>
Accrued he C urrent Period 135,939.93
Less: Amrest Shortfalls 1,271.13
Less: Dees 29,854.32
Collecter Cu rrent Period: 104,814.48
Advanced PrincipN/A
Advanced Interes########
</TABLE>
<TABLE>
<CAPTION>
Other Scheduled Interest Available Available Funds
Prepayment Unscheduled Principal Carry Funds Cap Cap Carry
Principal Principal Distribution Forward Current Forward
Class d Distributed Amount Amount Amount Amount
<S> <C> <C> <C> <C> <C>
Class B 199, 5 4,919,07 -
- -
Total 199, 5 4,919,07 -
Applied
RealizedLoss
Amount
<S> <C> <C> <C> <C> <C>
Class B -
-
Total -
</TABLE>
<TABLE>
<CAPTION>
Prior Current
Has a Remaining Over- Accelerated Extra Over
Trigger vent Pre-Funded Collateral Principal Principal Collateral
Occurre d Amount Amount Distributed Distributed Amount
<S> <C> <C> <C> <C> <C>
Trust B 0.00 13,181,658.73 143,214.37 0.00 13,324,873.10
Total 13,181,658 143, 0.00 13,324,873.10
Specifi ed Over-
Over- Collateral
Collateral Deficit
Amount Amount
<S> <S>
Trust B 73.10 0.00
Total 73.10 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
Trust B Insured 0
Pool Rolnque ncy rate 0.01
Pool Cumsses - Average of 12 preceeding remittance periods 0.00%
Pool Cumsses - Percentage of the original aggregate loan balance 0.00%
Book Value of RE########
Cumulatige l oans repurchased to date 8
Unreimbuvici ng Advances Paid Back to Servicer This Period 280.96
</TABLE>
<TABLE>
TOTAL AVAILABLE FUNDS:
<CAPTION>
<S> <C> <C> <C>
Current tere st Collected: 2,009,517.86
PrincipaColl ected: 4,919,072.49
InsurancProc eeds Received: -
Net Liquatio n Proceeds: -
Delinquey Ad vances on Mortgage Interest: 587,851.96
Delinquey Ad vances on Mortgage Principal NA
Repurchaand Substitution Amounts: -
Trust Teinat ion Proceeds: -
InvestmeEar nings on Certificate Account: 7,211.52
Capitalid In terest Requirement: 0.00
Capitalid In terest Fund Earnings 0.00
Capitalid In terest Account 0.00
InvestmeEar nings on Pre-Funding Account 0.00
RemaininPre- Funding Account: -
Sum of tAbo ve Amounts: 7,523,653.83
LESS:
ServicinFees (including PPIS): 106,085.61
Dealer Rerve : -
IndenturTrus tee Fees: 1,903.16
Owner Trtee Fees: 0
InsurancPrem iums: 33,916.37
Reimbursent of Delinquency Advances/Servicin 280.96
Total Rectio ns to Available Funds Amount: 142,186.10
Total Avlabl e Funds: 7,381,467.73
</TABLE>
<TABLE>
EXHIBIT 1
ADVANTA rtga ge Loan Trust 1998-4C
Sta tement to Certificateholders
<CAPTION>
Original Prior
Face Principal
Class Balance Interest Principal Total
<S> <C> <C> <C> <C>
C 0,00 0 87,505,3 472,3 2,447,4 2,919,823.91
C Certificate 220,1 220,164.24
Totals 0,00 0 87,505,3 692,5 2,447,4 3,139,988.15
</TABLE>
<TABLE>
<CAPTION>
Current Pass-Through
Realized Deferred Principal Rates
Class Interest Balance Current Next
<S> <C> <C> <C> <C>
C 85,057,834 5.888750% 5.932500%
C Certificate NA NA
Totals ########
</TABLE>
<TABLE>
<CAPTION>
Prior Current
Principal Principal
Class Balance Interest Principal Total Balance
<S> <C> <C> <C> <C> <C>
C E0 875.053029 4.723555 24.474685 29.198239 850.578344
C Certificate 0.000000 0.338714 0.000000 0.338714 0.000000
</TABLE>
<TABLE>
Delinque:
<CAPTION>
90+ Days Loans Loans
30-59 60-89 excldg f/c,REO in in
Days Days & Bkrptcy Bankruptcy REO
<S> <C> <C> <C> <C> <C>
Trust C Bala n 1,792,369.53 162,819.03 53,083.32 1,333,514.87 138,950.03
% of PooBala n 1.99318% 0.18106% 0.05903% 1.48292% 0.15452%
Number oLoan s 24 2 1 16 2
% of Loans 2.48190% 0.20683% 0.10341% 1.65460% 0.20683%
Loans
in
Foreclosure
<C>
Trust C Bala n 3,963,366.66
% of PooBala n 4.40742%
Number oLoan s 41
% of Loans 4.24%
</TABLE>
<TABLE>
General mati on:
<CAPTION>
Trust C
<S> <C>
Beginnine Lo an Balance 92,372,388.06
Prefunding N/A
Principal Reduct########
Ending Aoan Balance 89,924,919.60
Beginnine Lo an Count 992
Ending Aoan Count 967
Current upon Rate 9.610477%
Next Wein Ra te 9.592615%
</TABLE>
<TABLE>
Mortgageucti on Information:
<CAPTION>
Trust C
<S> <C>
Scheduled Princi48,694.88
Curtailments 0
Prepayments ########
Repurchases 0
Substitutions 0
Liquidation Proc 0
Other Principal 0
Less: Realized L 0
Total Principal ########
</TABLE>
<TABLE>
Servicer Information:
<CAPTION>
Trust C
<S> <C>
Accrued he C urrent Period 38,488.49
Less: Amrest Shortfalls 1,410.75
Less: Dees 7,998.32
Collecter Cu rrent Period: 29,079.42
Advanced PrincipN/A
Advanced Interes########
</TABLE>
<TABLE>
<CAPTION>
Other Scheduled Interest Available Available Funds
Prepayment Unscheduled Principal Carry Funds Cap Cap Carry
Principal Principal Distribution Forward Current Forward
Class d Distributed Amount Amount Amount Amount
<S> <C> <C> <C> <C> <C>
Class C 398, 7 2,447,46 -
- -
Total 398, 7 2,447,46 -
Unpaid
RealizedLoss
Amount
<S> <C> <C> <C> <C> <C>
Class C -
-
Total -
</TABLE>
<TABLE>
<CAPTION>
Prior Current
Has a Over- Accelerated Extra Over
Trigger vent Collateral Principal Principal Collateral
Occurre d Amount Distributed Distributed Amount
<S> <C> <C> <C> <C>
Trust C 4,867,085.20 0.00 0.00 4,867,085.20
Total 4,867,08 0.00 4,867,085.20
Specifi ed Over-
Over- Collateral
Collateral Deficit
Amount Amount
<S> <S>
Trust B 85.20 0.00
Total 85.20 0.00
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
Trust C Insured 0
Pool Rolnque ncy rate 0.03
Pool Cumsses - Average of 12 preceeding remittance periods 0.00%
Pool Cumsses - Percentage of the original aggregate loan balance 0.00%
Book Value of RE########
Cumulatige l oans repurchased to date 3
Unreimbuvici ng Advances Paid Back to Servicer This Period 0.00
</TABLE>
<TABLE>
TOTAL AVAILABLE FUNDS:
<CAPTION>
<S> <C> <C> <C>
Current tere st Collected: 579,208.98
PrincipaColl ected: 2,447,468.46
InsurancProc eeds Received: -
Net Liquatio n Proceeds: -
Delinquey Ad vances on Mortgage Interest: 152,578.29
Delinquey Ad vances on Mortgage Principal NA
Repurchaand Substitution Amounts: -
Trust Teinat ion Proceeds: -
InvestmeEar nings on Note Account: 3,064.20
Sum of tAbo ve Amounts: 3,182,319.93
LESS:
ServicinFees (including PPIS): 30,490.17
Dealer Rerve : -
IndenturTrus tee Fees: 538.84
Owner Trtee Fees: 0
InsurancPrem iums: 11,302.77
Reimbursent of Delinquency Advances/Servicin -
Total Rectio ns to Available Funds Amount: 42,331.78
Total Avlabl e Funds: 3,139,988.15
</TABLE>
