LETTERHEAD OF THE CHASE MANHATTAN BANK
September 13, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Chase Manhattan Home Equity Loan Trust 1995-1
Ladies and Gentlemen:
I am sending for filing on behalf of the above-referenced issuer and in
connection with the above-referenced securities a Current Report on Form 8-K
dated September 13, 1996.
Please confirm your receipt of such transmittal.
Very truly yours,
/s/ Martin R. Joyce
Martin R. Joyce
Enclosures
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: September 13, 1996
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THE CHASE MANHATTAN BANK
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(Originator of the Trust referred to herein)
(Exact name of registrant as specified in its charter)
CHASE MANHATTAN HOME EQUITY LOAN TRUST 1995-1
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(Issuer with respect to Certificates)
NEW YORK 33-93570 13-2633612
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
270 Park Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip code)
(212) 270-6000
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(Registrant's telephone number, including area code)
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Item 5. Other Events
On 08/15/1996, Chase Manhattan Home Equity Loan Trust 1995-1 (the "Trust")
made the distribution to Certificateholders contemplated by the Pooling and
Servicing Agreement, dated as of September 1, 1995, between The Chase Manhattan
Bank, as Seller and Servicer, and Norwest Bank Minnesota, National Association,
as Trustee.
A copy of the Certificateholder Report for such Distribution Date delivered
pursuant to section 5.03 of the Pooling and Servicing Agreement is being filed
as an exhibit to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibit Description
20.1 Monthly Certificateholders' statement with respect to the
August 15, 1996 distribution to Certificateholders
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Bank has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
THE CHASE MANHATTAN BANK
By: /s/William J. Murray
Name: William J. Murray
Title: Vice President
Date: September 13, 1996
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INDEX TO EXHIBITS
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Exhibit Description Page
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20.1 Certificateholder Report dated 5
08/15/1996 delivered pursuant
to Section 5.03 of the Pooling
and Servicing Agreement as
of September 1, 1995.
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Exhibit 20.1
MONTHLY CERTIFICATE HOLDERS REPORT
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Due Period : 11Beginning Date : 07/01/1996 End Date : 07/31/1996
Determination Date : 08/12/1996 Remittance Date : 08/15/1996
CHASE HOME EQUITY LOAN TRUST, Series 1995-1
I. Floating Allocation Percentage
Beginning % 97.694274749798%
Ending % 97.655174975066%
II. Cash Received
SERVICER Chase Manhattan Bank, N.A.
Interest Collected 2,928,749.87
Principal Collected 14,082,790.99
Additional Draw 8,213,076.04
III. Pool Balance
Beginning Balance 351,989,676.97 351,989,676.97
Principal Payments 14,221,233.91 14,221,233.91
Prin Pay Rev 138,442.92 138,442.92
Advances 8,227,827.43 8,227,827.43
Advance Rev 14,751.39 14,751.39
Liquidation Loss -18,869.82 -18,869.82
Ending Balance 346,138,831.84 346,138,831.84
IV. Interest to Certificateholders
TRANCH Beg. Balance Rate Schduled Int Int Shrtfall Disbrsed Int
A-1 307,465,394.08 5.73609000% $ 1,518,697.89 $ 0.00 $ 1,518,697.89
A-2 34,379,107.03 5.73000000% $ 169,632.25 $ 0.00 $ 169,632.25
TOTAL 341,844,501.11 $ 1,688,330.14 $ 0.00 $ 1,688,330.14
SI 8,115,914.86 0.00000000% $ 64,147.29 $ 0.00 $ 64,147.29
TOTAL 8,115,914.86 $ 64,147.29 $ 0.00 $ 64,147.29
V. Principal to Certificateholders
Scheduled
TRANCH Beg. Balance Principal Adjustment Ending Principal Cert. Factor
A-1 307,465,394.08 5,262,820.30 0.00 302,202,573.78 0.8447662
A-2 34,379,107.03 588,459.92 0.00 33,790,647.11 0.8447662
TOTAL 341,844,501.11 5,851,280.22 0.00 335,993,220.89
SI 8,115,914.86 0.00 -435.09 8,116,349.95 0.9999144
TOTAL 8,115,914.86 0.00 -435.09 8,116,349.95
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VI. Overdue Interest
GROUP Overdue Interest Int. On Overdue Remaining Overdue
MORTGAGE GROUP ONE 0.00 0.00 0.00
VII. Invested Amount
GROUP Invested Amount
MORTGAGE GROUP ONE 338,022,481.89
VIII. Liquidation Loss
Liquidation Loss Amount -18,869.82
Loss Investor Cert. -18,434.73
Reimbursed Amount 0.00
Unreimbursed Amount 0.00
IX. Loss Recovery
Total Amount 0.00
X. Servicing Fee
SERVICER Chase Manhattan Bank, N.A.
Beginning Balance 351,989,676.97
Rate 0.5000%
Servicing Fee 146,662.37
XI. Single Certificate Principal Distribution
TRANCH Orig. Balance Sched. Principal Certificate Value Pr.Dist / Cert.
A-1 357,735,172.00 5,262,820.30 1,000.00 $ 14.7114980911
A-2 40,000,000.00 588,459.92 1,000.00 $ 14.7114980000
TOTAL 397,735,172.00 5,851,280.22
SI 8,117,044.57 0.00 1,000.00 $ 0.0000000000
TOTAL 8,117,044.57 0.00
XII. Single Certificate Interest Distribution
TRANCH Orig. Balance Sched. Interest Certificate Value Int.Dist / Cert.
A-1 357,735,172.00 1,518,697.89 1,000.00 $ 4.2453133180
A-2 40,000,000.00 169,632.25 1,000.00 $ 4.2408062500
TOTAL 397,735,172.00 1,688,330.14
SI 8,117,044.57 64,147.29 1,000.00 $ 7.9027889334
TOTAL 8,117,044.57 64,147.29
XIII. Insured Payment
GROUP Amount
MORTGAGE GROUP ONE 0.00
XIV. Transfer Deposit Amount
GROUP Amount
MORTGAGE GROUP ONE 0.00
XV. Delinquency Information for Due Period
PERIOD Number of Principal Balance
30 DAYS 73 2,120,787.73
60 DAYS 19 576,859.29
90 DAYS 8 275,277.30
120+ DAYS 12 487,899.86
TOTAL 112 3,460,824.18
FORECLOSR 0 0.00
TOTAL 0 0.00
REO 0 0.00
TOTAL 0 0.00
XVI. Book Value REO Property
GROUP Value
MORTGAGE GROUP ONE 0.00
XVII. Servicer Advance
SERVICER Chase Manhattan Bank, N.A.
Required Advances 0.00
Nonrecoverable Advances 0.00
