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: November 16, 1998
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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)
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Item 5. Other Events
On 11/16/1998, 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
November 16, 1998 distribution.
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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,
as Servicer
By: Chase Manhattan Mortgage
Corporation
By: /s/Richard P. Dargan
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By: Richard P. Dargan
Title: Vice President
Date: December 2, 1998
<PAGE>
INDEX TO EXHIBITS
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Exhibit Description
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20.1 Certificateholder Report dated
11/16/1998 delivered pursuant to
Section 5.03 of the Pooling and
Servicing Agreement dated as of
September 1, 1995.
Creation Date : Fri Nov 13, 1998 11:27 AM CMHE 1995-1 PAGE No. 001
MONTHLY CERTIFICATE HOLDERS REPORT
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Due Period: 38 Beginning Date : 10/01/1998 End Date : 10/31/1998
Determination Date: 11/10/1998 Remittance Date : 11/16/1998
CHASE HOME EQUITY LOAN TRUST, Series 1995-1
I. Floating Allocation Percentage
Beginning % 96.540521897493%
Ending % 96.482922348219%
II. Cash Received
SERVICER Chase Manhattan Bank, N.A.
Interest Collected 1,832,632.35
Principal Collected 8,230,408.93
Additional Draw 4,392,898.29
III. Pool Balance
Beginning Balance 234,321,679.45 234,321,679.45
Principal Payments 9,958,566.37 9,958,566.37
Prin Pay Rev 1,728,157.44 1,728,157.44
Advances 6,184,809.62 6,184,809.62
Advance Rev 1,791,911.33 1,791,911.33
Liquidation Loss 0.06 0.06
Ending Balance 230,484,168.75 230,484,168.75
IV. Interest to Certificateholders
TRANCH Beg. Balance Rate Schduled Int Int Shrtfall Disbrsed Int
A-1 201,639,841.58 5.64859000% $ 1,012,427.37 $ 0.00 $ 1,012,427.37
A-2 22,546,269.68 5.63000000% $ 112,831.55 $ 0.00 $ 112,831.55
TOTAL 224,186,111.26 $ 1,125,258.92 $ 0.00 $ 1,125,258.92
SI 8,106,307.19 0.00000000% $ 60,021.89 $ 0.00 $ 60,021.89
TOTAL 8,106,307.19 $ 60,021.89 $ 0.00 $ 60,021.89
V. Principal to Certificateholders
TRANCH Beg. Balance Schduled Recovered Ending Principal Cert. Factor
Principal Loss
A-1 201,639,841.58 3,451,574.43 0.00 198,188,267.15 0.5540083
A-2 22,546,269.68 385,936.27 0.00 22,160,333.41 0.5540083
TOTAL 224,186,111.26 3,837,510.70 0.00 220,348,600.56
SI 8,106,307.19 0.00 0.00 8,106,307.19 0.9986772
TOTAL 8,106,307.19 0.00 0.00 8,106,307.19
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 222,377,861.56
Creation Date : Fri Nov 13, 1998 11:27 AM CMHE 1995-1 PAGE No. 002
MONTHLY CERTIFICATE HOLDERS REPORT
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Due Period: 38 Beginning Date : 10/01/1998 End Date : 10/31/1998
Determination Date: 11/10/1998 Remittance Date : 11/16/1998
VIII. Liquidation Loss
Liquidation Loss Amount 0.06
Loss Investor Cert. 0.06
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 234,321,679.45
Rate 0.5000%
Servicing Fee 97,634.03
XI. Single Certificate Principal Distribution
TRANCH Orig. Balance Sched. Principal Certificate Value Pr.Dist /Cert.
A-1 357,735,172.00 3,451,574.43 1,000.00 $ 9.6484066990
A-2 40,000,000.00 385,936.27 1,000.00 $ 9.6484067500
TOTAL 397,735,172.00 3,837,510.70
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 1,012,427.37 1,000.00 $ 2.8301029623
A-2 40,000,000.00 112,831.55 1,000.00 $ 2.8207887500
TOTAL 397,735,172.00 1,125,258.92
SI 8,117,044.57 60,021.89 1,000.00 $ 7.3945497628
TOTAL 8,117,044.57 60,021.89
XIII. Insured Payment
GROUP Amount
MORTGAGE GROUP ONE 0.00
XIV. Transfer Deposit Amount
GROUP Amount
MORTGAGE GROUP ONE 0.00
Creation Date: Fri Nov 13, 1998 11:27 AM CMHE 1995-1 PAGE No. 003
MONTHLY CERTIFICATE HOLDERS REPORT
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Due Period: 38 Beginning Date : 10/01/1998 End Date : 10/31/1998
Determination Date: 11/10/1998 Remittance Date : 11/16/1998
XV. Delinquency Information for Due Period
PERIOD Number of Principal Balance
30 DAYS 92 2,586,093.56
60 DAYS 11 322,226.13
90 DAYS 3 124,234.91
120+ DAYS 22 971,777.39
TOTAL 128 4,004,331.99
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
