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: January 24, 1997
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THE CHASE MANHATTAN BANK
(formerly known as "The Chase Manhattan Bank, N.A.")
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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)
<PAGE>
Item 5. Other Events
On 1/15/1997, 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
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Exhibit Description
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20.1 Monthly Certificateholders statement with respect to the
January 15, 1997 distribution.
<PAGE>
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
/s/ William J. Murray
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By: William J. Murray
Title: Vice President
Date: January 24, 1997
<PAGE>
INDEX TO EXHIBITS
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Exhibit Description
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20.1 Certificateholder Report dated
1/15/1997 delivered pursuant to
Section 5.03 of the Pooling and
Servicing Agreement dated as of
September 1, 1995.
Exhibit 20.1
MONTHLY CERTIFICATE HOLDERS REPORT
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Due Period : 16Beginning Date : 12/01/1996 End Date : 12/31/1996
Determination Date : 01/10/1997 Remittance Date : 01/15/1997
CHASE HOME EQUITY LOAN TRUST, Series 1995-1
I. Floating Allocation Percentage
Beginning % 97.554814715687%
Ending % 97.524784159015%
II. Cash Received
SERVICER The Chase Manhattan Bank
Interest Collected 2,661,498.25
Principal Collected 11,640,575.60
Additional Draw 7,613,411.77
III. Pool Balance
Beginning Balance 331,931,899.07 331,931,899.07
Principal Payments 13,348,957.45 13,348,957.45
Prin Pay Rev 1,708,381.85 1,708,381.85
Advances 8,443,571.01 8,443,571.01
Advance Rev 830,159.24 830,159.24
Liquidation Loss 0.00 0.00
Ending Balance 327,904,735.24 327,904,735.24
IV. Interest to Certificateholders
<TABLE>
<CAPTION>
TRANCH Beg. Balance Rate Schduled Int Int Shrtfall Disbrsed Int
<S> <C> <C> <C> <C> <C>
A-1 289,424,424.17 5.84547000% $ 1,409,851.49 $ 0.00 $ 1,409,851.49
A-2 32,361,863.95 5.93000000% $ 159,921.54 $ 0.00 $ 159,921.54
TOTAL 321,786,288.12 $ 1,569,773.03 $ 0.00 $ 1,569,773.03
SI 8,116,349.95 0.00000000% $ 61,696.75 $ 0.00 $ 61,696.75
TOTAL 8,116,349.95 $ 61,696.75 $ 0.00 $ 61,696.75
V. Principal to Certificateholders
TRANCH Beg. Balance Schduled Principal Recovered Loss Ending Principal Cert. Factor
<S> <C> <C> <C> <C> <C>
A-1 289,424,424.17 3,622,154.25 0.00 285,802,269.92 0.7989214
A-2 32,361,863.95 405,009.58 0.00 31,956,854.37 0.7989214
TOTAL 321,786,288.12 4,027,163.83 0.00 317,759,124.29
SI 8,116,349.95 0.00 0.00 8,116,349.95 0.9999144
TOTAL 8,116,349.95 0.00 0.00 8,116,349.95
</TABLE>
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 319,788,385.29
<PAGE>
VIII. Liquidation Loss
Liquidation Loss Amount 0.00
Loss Investor Cert. 0.00
Reimbursed Amount 0.00
Unreimbursed Amount 0.00
IX. Loss Recovery
Total Amount 0.00
X. Servicing Fee
SERVICER The Chase Manhattan Bank
Beginning Balance 331,931,899.07
Rate 0.5000%
Servicing Fee 138,304.96
XI. Single Certificate Principal Distribution
<TABLE>
<CAPTION>
TRANCH Orig. Balance Sched. Principal Certificate Value Pr.Dist / Cert.
<S> <C> <C> <C> <C>
A-1 357,735,172.00 3,622,154.25 1,000.00 $ 10.1252393768
A-2 40,000,000.00 405,009.58 1,000.00 $ 10.1252395000
TOTAL 397,735,172.00 4,027,163.83
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.
<S> <C> <C> <C> <C>
A-1 357,735,172.00 1,409,851.49 1,000.00 $ 3.9410480164
A-2 40,000,000.00 159,921.54 1,000.00 $ 3.9980385000
TOTAL 397,735,172.00 1,569,773.03
SI 8,117,044.57 61,696.75 1,000.00 $ 7.6008884105
TOTAL 8,117,044.57 61,696.75
</TABLE>
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 147 4,883,797.34
60 DAYS 18 662,887.24
90 DAYS 4 182,372.35
120+ DAYS 20 624,264.12
TOTAL 189 6,353,321.05
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 The Chase Manhattan Bank
Required Advances 0.00
Nonrecoverable Advances 0.00
