CHASE MANHATTAN BANK /NY/, 8-K, 1999-06-23

CHASE MANHATTAN BANK /NY/
8-K, 1999-06-23
ASSET-BACKED SECURITIES

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<PAGE>

================================================================================
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report: June 16, 1999

THE CHASE MANHATTAN BANK
(formerly known as "The Chase Manhattan Bank, N.A.")
----------------------------------------------------------
(Originator of the Trust referred to herein)
(Exact name of the registrant as specified in its charter)

CHASE MANHATTAN GRANTOR TRUST 1996-A
-------------------------------------
(Issuer with respect to Certificates)

New York 33-99544 13-2633612
- ----------------------------- ------------------------- -------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)

270 Park Avenue, New York, New York 10017
----------------------------------------- ----------
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (212) 270-6000
===============================================================================

<PAGE>

Item 5. Other Events:

On 3/15/99, Chase Manhattan Grantor Trust 1996-A (the "Trust") made the
distribution to Certificateholders contemplated by the Pooling and Servicing
Agreement, dated as of February 1, 1996, (the "Pooling & Servicing Agreement"),
between the Registrant, 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 5.7 of the Pooling and
Servicing Agreement is being filed as exhibit 20.1 to this Current Report on
Form 8-K.

On 4/15/99, Chase Manhattan Grantor Trust 1996-A (the "Trust") made the
distribution to Certificateholders contemplated by the Pooling and Servicing
Agreement, dated as of February 1, 1996, (the "Pooling & Servicing Agreement"),
between the Registrant, 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 5.7 of the Pooling and
Servicing Agreement is being filed as exhibit 20.2 to this Current Report on
Form 8-K.

On 5/17/99, Chase Manhattan Grantor Trust 1996-A (the "Trust") made the
distribution to Certificateholders contemplated by the Pooling and Servicing
Agreement, dated as of February 1, 1996, (the "Pooling & Servicing Agreement"),
between the Registrant, 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 5.7 of the Pooling and
Servicing Agreement is being filed as exhibit 20.3 to this Current Report on
Form 8-K.

Item 7(c). Exhibits

Exhibits Description
---------- ---------------

20.1 Monthly Certificateholder's statements with
respect to the March 15, 1999 distribution.

20.2 Monthly Certificateholder's statements with
respect to the April 15, 1999 distribution.

20.3 Monthly Certificateholder's statements with
respect to the May 17, 1999 distribution.

<PAGE>

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Dated: June 23, 1999

THE CHASE MANHATTAN BANK,
as Servicer

By: /s/ Jeffrey D. Hammer
---------------------------
Name: Jeffrey D. Hammer
Title: Vice President

<PAGE>

INDEX TO EXHIBITS
-----------------

Exhibit No. Description
- ----------- -------------
20.1 Certificateholder Report dated 3/15/1999 delivered
pursuant to Section 5.7 of the Pooling and Servicing
Agreement dated as of February 1, 1996.
20.2 Certificateholder Report dated 4/15/1999 delivered
pursuant to Section 5.7 of the Pooling and Servicing
Agreement dated as of February 1, 1996.
20.3 Certificateholder Report dated 5/17/1999 delivered
pursuant to Section 5.7 of the Pooling and Servicing
Agreement dated as of February 1, 1996.

Exhibit 20.1

Chase Manhattan Grantor Trust 1996-A
Statement to Certificateholders
March 15, 1999

- ---------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
- ---------------------------------------------------------------------------------------------------------------------------
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
- ---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 1,474,263,764.33 229,140,141.11 992,940.61 17,194,487.13 18,187,427.74 0.00 0.00 211,945,653.98
- ---------------------------------------------------------------------------------------------------------------------------
TOTALS 1,474,263,764.33 229,140,141.11 992,940.61 17,194,487.13 18,187,427.74 0.00 0.00 211,945,653.98
- ---------------------------------------------------------------------------------------------------------------------------
</TABLE>

- -------------------------------------------------------------------------------------------
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
- -------------------------------------------------------------------------------------------
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL PASS-THRU
CLASS FACTOR INTEREST PRINCIPAL TOTAL FACTOR CLASS RATE
- -------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A 155.4268284 0.673516 11.663101 12.336617 143.7637274 A 5.200000%
- -------------------------------------------------------------------------------------------
TOTALS 155.4268284 0.673516 11.663101 12.336617 143.7637274
- -------------------------------------------------------------------------------------------

</TABLE>

- --------------------------------------------------------------------------------
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT,
PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW:

Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: [email protected]

- --------------------------------------------------------------------------------

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999
- --------------------------------------------------------------------------------

MONTHLY REPORT
<TABLE>

<S> <C> <C>
I. Monthly Expense Summary
A. Servicing Fee Disbursement 190,950.12
B. Cash Collateral Account Expense 0.00
C. Total Expenses Paid (per $1000 of Original Principal Amount) 0.129522

II. Cash Collateral Account Deposit Amount 0.00

III. Outstanding Advance Summary
A. From Prior Period 3,741,279.76
B. From Current Period 3,823,339.25
C. Change in Amount Between Periods (Line B - A) 82,059.49

IV. Available Cash Collateral Account Information for Due Period
A. Available Cash Collateral Amount 11,457,007.06
B. Available Cash Collateral Amount Percentage 5.0000%

V. Available Cash Collateral Account Information for Next Period
A. Available Cash Collateral Amount 11,056,978.23
B. Available Cash Collateral Amount Percentage 5.2169%

VI. Required Cash Collateral Amount
A. For the Current Collection Period 11,457,007.06
B. For the Next Collection Period 11,056,978.23

VII. Payment Summary for Servicer
A. Monthly Servicing Fees
1. Scheduled Monthly Servicing Fee 190,950.12

B. Monthly Disbursements to Servicer

1. Monthly Servicing Fee and Unpaid Servicing Fee 190,950.12
2. Reimbursed Advance Amount 265,252.69
3. Net Investment Earnings on Certificate Account 0.00
4. Total (Lines 1 thru 3) 456,202.81

C. Advance by Servicer 347,312.18
D. Net Disbursement to Seller (Lines B - C) 108,890.63

VIII. Certificate Account Surplus from Cert Acct to Cash Collateral Acct 0.00

IX. Disbursements on Cash Collateral Loan
A. Interest Payment on Loan 1,570.80
B. Fees and Expenses on Loan 0.00
C. Principal Payment on Loan 400,028.82

X. Repayment to Seller
A. From Available Cash Collateral Funds 40,410.23
B. From Certificate Account
1. Excess Funds 394,200.42
2. Certificate Amount Surplus 0.00
3. Excess Amount (Lines 1 - 2) 394,200.42
C. Excess Amount Paid Seller (Lines A + B) 434,610.65

XI. Recoveries of Defaulted Receivables for Due Period 47,845.50
XII. Recoveries of Interest Delinquencies for Due Period 265,252.69
</TABLE>

<PAGE>

- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999

- --------------------------------------------------------------------------------

MONTHLY REPORT

<TABLE>

I. Available Amount in the Certificate Account
A. Credits

1. Payments form Obligors Applied to Collection Period
a. Principal Payments 16,864,165.80
b. Recovery of Advance 254,412.62
c. Other Interest Payments 1,384,533.39
d. Total (A thru C) 18,503,111.81

2. Repurchase Amount from Repurchased Receivables
a. Principal before Cutoff Date 0.00
b. Interest before Cutoff Date 0.00
c. Principal Payments 136,049.54
d. Recovery of Advance 2,744.35
e. Other Interest Payments 767.49
f. Total (A thru E) 139,561.38

3. Reversal from Defaulted Contracts 0.00

4. Recovery of Defaulted Receivables 47,845.50

5. Recovery Amount Before Cutoff Date (Excluding
Repurchased Receivables
a. Principal 0.00
b. Interest 0.00
c. Total (A thru B) 0.00

6. Investment Earnings on Certificate Account 0.00

7. Net Adjustments 0.10

8. Advance by Servicer 347,312.18

9. Overpayment from Obligors 0.00

10. Total Credits 19,037,830.97

B. Debits
1. Overpayments from Obligors 0.00

2. Recovery Amount Before Cutoff Date to Seller
a. Principal 0.00
b. Interest. 0.00
c. Total (Lines A thru B) 0.00

3. Reversal from Defaulted Contracts 0.00

4. Reimbursement of Advance
a. From Payments of Non-Defaulted Receivables 257,156.97
b. From Recovery of Defaulted Receivable 0.00
c. Total (Lines A thru B) 257,156.97

5. Net Investment Earnings on Certificate Account 0.00

6. Total Debits (Lines 1 thru 5) 257,156.97

C. Total Available Amount 18,780,674.00

</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999

- --------------------------------------------------------------------------------

MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>

II. Reimbursement of Advance on Defaulted Receivables
A. Recovery of Advance 2,474.46
B. Unreimbursed Advance from Prior Period 0.00
C. Reimbursed Amount (Min: Lines A and B) 0.00

III. Excess Collections for Collection Period
A. Excess Spread Amount 548,905.64
B. Net Recovery of Defaulted Receivables

1. Recovery of Defaulted Receivables 47,845.50

2. Reimbursement of Advance 0.00

3. Net Recovery of Defaulted Receivables (Lines 1-2) 47,845.50

C. Excess Spread Amount to this Periods Defaulted Receivables

1. Balance on Defaulted Receivables
a. Principal 194,271.79
b. Advanced Interest 8,095.72
c. Unadvanced Interest 183.21
d. Total (Lines A thru C) 202,550.72

2. Amount Applied to Default Balance
(Min: Lines A+B and C.1) 202,550.72

D. Principal Carryover Shortfall 0.00

E. Adjustment to Excess Collection 0.00

F. Excess Collections 394,200.42

IV. Scheduled Monthly Disbursements
A. Unreimbursed Advance on Defaulted Receivables 0.00
B. Principal and Interest to Certificateholders

1. Monthly Prinicpal
a. From Repurchsed Receivables 136,049.54
b. From Defaulted Receivables 194,271.79
c. Principal Payment 16,864,165.80
d. Total (Lines A thru C) 17,194,487.13

2. Monthly Interest 992,940.61

3. Unpaid Interest 0.00

4. Principal Carryover Shortfall 0.00

5. Total 18,187,427.74

C. Servicing Fee to Servicer

1. Monthly Servicing Fee 190,950.12
2. Overdue Monthly Servicing Fee 0.00
3. Total (Lines 1 thru 2) 190,950.12

D. Total (Lines A thru C) 18,378,377.86

V. Payment Deficiency Amount
A. Scheduled Monthly Disbursements 18,378,377.86
B. Available Distribution Amount

1. Available Amount in Certificate Account 18,780,674.00
2. Excess Collections in Certificate Account 394,200.42
3. Reimbursed Advance on Defaulted Receivables from Excess Spread 8,095.72
4. Available Distribution Amount (Lines 1-2-3) 18,378,377.86

C. Payment Deficiency Amount (Max: (Lines A-B) and 0.00) 0.00
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999

- --------------------------------------------------------------------------------

MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>

VI. Cash Collateral Account Withdrawal
A. Available Cash Collateral Amount for the Collection Period 11,457,007.06
B. Payment Deficiency Amount 0.00
C. Cash Collateral Account Withdrawal 0.00

VII. Disbursements from the Certificate Account with CCA Withdrawal

A. Available Distribution Amount

1. Available Distribution Amount from Certificate Account 18,780,674.00
2. Excess Collections 394,200.42
3. Cash Collateral Account Withdrawal 0.00
4. Reimbursed Advance on Defaulted Receivables from Excess Spread 8,095.72
5. Available Amount (Lines 1 - 2 + 3 - 4) 18,378,377.86

B. Disbursements of Advance on Defaulted Receivables 0.00

C. Disbursements to Certificateholders 18,187,427.74

D. Monthly Servicing Fee and Overdue Servicing Fee 190,950.12

E. Excess Funds from Certificate Account

1. Available Amount after Distribution (Lines A - B - C - D) 0.00
2. Excess Collections 394,200.42
3. Excess Funds (Lines 1 + 2) 394,200.42

VII. Average Certificate Principal Balance for the Collection Period
A. Beginning Balance 229,140,141.11
B. Ending Balance 211,945,653.98
C. Average Balance (Lines (A + B) / 2) 220,542,897.55

IX. Delinquency and Defaults Information

</TABLE>
--------------------------------------------------------
Group 1

Delinquency Principal
Period Number Amount Balance
------ ------ ----------- ---------
30-59 days 816 559,092.06 5,331,825.87
60-89 days 170 173,719.75 1,172,002.24
90-119 days 64 95,523.97 485,498.73
120+149 days 33 65,329.97 280,315.05
150+179 days 13 30,730.02 86,363.74
180+209 days 15 37,996.46 107,981.67
210+239 days 3 7,224.30 17,898.14
240+Days
Delinquent 0 0.00 0.00
Total 1114 969,616.53 7,481,885.44

--------------------------------------------------------

<TABLE>

B. Principal Amount of Loans in Defaulted Receivbles 194,271.79

C. Delinquency Percentage

1. Outstanding Principal Balance for Delinquency >= 60 Days 2,150,059.57

2. Portfolio Principal Ending Balance for the Collection Period 211,945,653.98

3. Delinquency Percentage 1.0144%
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999

- --------------------------------------------------------------------------------

MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>
<S> <C> <C>

X. Portfolio Average Delinquency Rate
A. Delinquency Rate for Second Prior Period 0.881
B. Delinquency Rate for Prior Period 1.0347%
C. Delinquency Rate for Current Period 1.014
D. Average Deliquency Rate 0.9767%

XI. Portfolio Average Three Due Periods Charge Off Rate
A. Charge Off Rate for Second Prior Period 0.7979%
B. Charge Off Rate for Prior Period 0.4412%
C. Charge Off Rate for Current Period

1. Principal Recoveries of Defaulted Receivables 43,596.26

2. Principal on Defaulted Receivables 194,271.79

3. Average Pool Balance for Collection Period 220,542,897.55

4. Charge Off Rate (12 * (Lines (2 - 1) / 3) 0.8198%

D. Average Charge Off Rate ((Lines A thru C) / 3) 0.6863%

XII. Required Cash Collateral Amount for Next Collection Period
A. Cash Collateral Floor Amount

1. Maximum Amount 11,056,978.23

2. Possible Floor Amount
a. Pool Principal Balance at the Beginning of
Collection Period 229,140,141.11
b. Cumulative Monthly Interest Through Final
Distribution Date 34,752,921.40
c. Cumulative Monthly Servicing Fee Through Final
Distribution Date 6,683,254.12
d. Total (Lines A thru C) 270,576,316.63

3. Cash Collateral Floor Amount (Min: Lines 1 & 2) 11,056,978.23

B. Possible Cash Collateral Amount

1. Cash Collateral Percentage

a. Average Three Period Delinquency Percentage 0.9767%
b. Delinquency Percentage Trigger 1.2500%
c. Average Three Period Charge Off Rate 0.6863%
d. Charge Off Rate Trigger 1.2500%
e. Maximum Cash Collateral Percentage Specified 7.0000%
f. Minimum Cash Collateral Percentage Specified 5.0000%
g. Cash Collateral Percentage Applied (If a>b or c>d,
then e, else f) 5.0000%

2. Pool Principal Balance 211,945,653.98

3. Possible Amount 10,597,282.70

C. Required Cash Collateral Amount (Max: Lines A & B) 11,056,978.23

XIII. Deposit to Cash Collateral Account
A. Excess Funds from Certificate Account 394,200.42
B. Required Deposit to Cash Collateral Account

1. Required Cash Collateral Amount for Next Period 11,056,978.23

2. Available Cash Collateral Amount 11,457,007.06

3. Cash Collateral Account Withdrawal 0.00

4. Required Deposit Amount (Max: 0 & Lines 1-2+3) 0.00

C. Deposit Amount to Cash Collateral Account (Min: Lines A & B) 0.00
</TABLE>

<PAGE>

- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999

- --------------------------------------------------------------------------------

MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>

XIV. Memorandum Spread Account Unfunded Amount
A. Memorandum Spread Account Cap

1. Cash Collateral Floor Amount 11,056,978.23

2. Possible Cap
a. Pool Principal Balance 211,945,653.98
b. Memorandum Spread Account Cap Percentag

1. Average Three Period Charge Off Rate 0.6863%

2. Minimum Charge Off Rate Trigger 1.2500%

3. Average Three Period Delinquency Rate 0.9767%

4. Minimum Delinquency Percentage 1.2500%

5. Minimum Cap Percentage Specified 1.0000%

6. Maximum Cap Percentage Specified 2.0000%

7. Memorandum Spread Account Cap Percentage
(If 1<=2 and 3<=4 then 5 else 6) 1.0000%
c. Possible Amount (Lines a * b) 2,119,456.54

3. Memorandum Spread Account Cap (Max: Lines (1 + 2)) 11,056,978.23

B. Memorandum Spread Account Amount

1. Available Cash Collateral Amount 11,457,007.06

2. Cash Collateral Account Deposit 0.00

3. Cash Collateral Account Withdrawal 0.00

4. Principal Balance on Cash Collateral Loan 400,028.82

5. Memorandum Spread Account Amount (Max: 0 & Lines 1 + 2 - 3 - 4) 11,056,978.24

C. Memorandum Spread Account Unfunded Amount (Max: 0 & Lines A - B) 0.00

XV. Available Cash Collateral Payment Funds
A. Certificate Account Surplus

1. Excess Funds from Certificate Account 394,200.42

2. Memorandum Spread Account Unfunded Amount 0.00

3. Certificate Account Surplus 0.00

B. Cash Collateral Account Surplus

1. Available Cash Collateral Amount 11,457,007.06

2. Cash Collateral Account Deposit 0.00

3. Cash Collateral Account Withdrawal 0.00

4. Required Cash Collateral Amount for Next Period 11,056,978.23

5. Cash Collateral Account Surplus (Max: 0 & Lines 1 + 2 - 3 - 4) 400,028.83

C. Investment Earnings on Cash Collateral Account 41,981.02

D. Available Cash Collateral Payment Funds 442,009.85

XVI. Scheduled Disbursement on Cash Collateral Loan
A. Scheduled Interest

1. Interest on Deposit Rate Portion 1,570.80

2. Interest on Base Rate Portion 0.00

3. Unpaid Interest 0.00

4. Total (Lines 1 thru 3) 1,570.80

B. Fees and Expenses

1. Fees and Expenses 0.00

2. Overdue Fees and Expenses 0.00

3. Total (Lines 1 thru 2) 0.00

C. Total (Lines A + B) 1,570.80

</TABLE>

<PAGE>

- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999

- --------------------------------------------------------------------------------

MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>

XVII. Excess From Memorandum Spread Account
A. Memorandum Spread Account Cap 11,056,978.23
B. Adjusted Memorandum Spread Account Amount

1. Memorandum Spread Account Amount 11,056,978.24

2. Investment Earnings on Cash Collateral Account 41,981.02

3. Interest Due to Cash Collateral Loan 1,570.80

4. Fees and Expenses to Cash Collateral Loan 0.00

5. Adjusted Memorandum Spread Account Amount (Max: 0 &
Lines 1 + 2 - 3 - 4) 11,097,388.46

C. Excess from Memorandum Spread Account 40,410.22

XVIII. Disbursement of Available Cash Collateral Payment Funds
A. Available Cash Collateral Payment Funds 442,009.85
B. Interest Payment to Cash Collateral Loan 1,570.80
C. Fees and Expenses on Cash Collateral Depositor 0.00
D. Principal Payment to Cash Collateral Loan

1. Available Disbursement Amount
a. Available Amount after Disbursement of Interest,
Fees, & Expenses 440,439.05
b. From Excess of Memorandum Spread Account 40,410.22
c. Available Disbursement Amount 400,028.82

2. Principal Balance on Cash Collateral Loan 400,028.82

3. Principal Payment 400,028.82

E. Excess Amount to Seller 40,410.23

XIX. Available Cash Collateral Amount for Next Distribution Date
A. Available Cash Collateral Amount

1. Available Cash Collateral Amount 11,457,007.06

2. Cash Collateral Account Deposit from Certificate Account 0.00

3. Cash Collateral Account Withdrawal 0.00

4. Cash Collateral Account Surplus 400,028.83

5. Available Cash Collateral Amount (Lines 1 + 2 - 3 - 4) 11,056,978.23

B. Available Cash Collateral Percentage 5.2169%

XX. Reimbursed Advance
A. From Payment in Certificate Account 257,156.97
B. From Excess Spread 8,095.72
C. From Certificate Account with Cash Collateral Withdrawal 0.00
D. Total (Lines A thru C) 265,252.69

XXI. Excess Amount to Seller
A. From Available Cash Collateral Payment Funds 40,410.23
B. From Certificate Account

1. Excess Funds 394,200.42

2. Certificate Account Surplus 0.00

3. Excess Amount 394,200.42

C. Excess Amount to Seller (Lines A thru B) 434,610.65

XXII. Weighted Average Coupon as of Current Period 9.0703%

XXIII. Weighted Average Maturity as of Current Period 18.82910530
</TABLE>

<PAGE>

- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999

- --------------------------------------------------------------------------------

MONTHLY BALANCE REPORT
<TABLE>

I. Defaulted Receivables Summary
A. Beginning Balance

1. Principal 7,851,544.33

2. Interest 302,366.18

3. Total 8,153,910.51

B. Additions

1. Principal 194,271.79

2. Interest 8,278.93

3. Total (Lines 1 thru 2) 202,550.72

C. Net Recoveries

1. Principal 43,596.26

2. Interest 2,474.46

3. Excess 1,774.78

4. Total (Lines 1 thru 3) 47,845.50

D. Adjustments on Excess from Recoveries 1,774.78

E. Ending Balance

1. Principal 8,002,219.86

2. Interest 308,170.65

3. Total (Lines 1 + 2) 8,310,390.51

II. Portfolio Delinquency Summary
A. Beginning Balance 3,063,616.71
B. Additions 2,783,070.84
C. Recoveries

1. From Repurchased Receivables 8,144.37

2. Delinquency Adjustments on Matured Contracts 853.06

3. Others 2,377,128.12

4. Total (Lines 1 thru 3) 2,386,125.55

D. To Defaulted Receivables 50,151.33

E. Ending Balance 3,410,410.67

III. Outstanding Advances Summary
A. Beginning Balance 3,741,279.76
B. Additions 347,312.18
C. Reimbursements

1. For Defaulted Receivables
a. From Receivables Excess Spread 8,095.72
b. From Cash Collateral Withdrawal 0.00
c. From Recoveries of Defaulted Receivables 0.00
d. Total (Lines a thru c) 8,095.72

2. Others 257,156.97

3. Total (Lines 1 thru 2) 265,252.69

D. Ending Balance (Lines A + B - C) 3,823,339.25
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
March 15, 1999

- --------------------------------------------------------------------------------

MONTHLY BALANCE REPORT
<TABLE>

IV. Unreimbursed Advances of Defaulted Receivables Summary
A. Beginning Balance 0.00
B. Additions 8,095.72
C. Reimbursements

1. From Recoveries of Defaulted Receivables 0.00

2. From Excess Reserve Account 8,095.72

3. From Cash Collateral Withdrawal 0.00

4. Total 8,095.72

D. Ending Balance (Lines A + B - C) 0.00

V. Maturity Interest Deficiency Summary
A. Beginning Balance 1,941,713.85
B. Additions 43,688.54
C. Ending Balance 1,985,402.39

VI. Certificate Principal Balance
A. Beginning Balance 229,140,141.11
B. Monthly Principal

1. Defaulted Receivables 194,271.79

2. Repurchased Receivables 136,049.54

3. Principal Payment 16,864,165.80

4. Total (Lines 1 thru 3) 17,194,487.13

C. Ending Balance (Lines A - B) 211,945,653.98

VII. Automobiles Receivables Balance Summary
A. Beginning Balance 229,140,141.11
B. Automobile Receivable Monthly Principal

1. Defaulted Receivables 194,271.79

2. Others 17,000,215.34

3. Total (Lines 1 thru 2) 17,194,487.13

C. Ending Balance 211,945,653.98

VII. Automobiles Tally Summary
A. Beginning Number of Receivables 39,602
B. Additions 0
C. Deductions

1. Repurchased Receivables 19

2. Defaulted Receivables 40

3. Matured Receivables 1,170

4. Total (Lines 1 thru 3) 1,229

D. Ending Number of Receivables 38,373
</TABLE>

Exhibit 20.2

- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

Statement to Certificateholders

April 15, 1999

- --------------------------------------------------------------------------------

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 1,474,263,764.33 211,945,653.98 918,431.17 19,236,709.99 20,155,141.16 0.00 0.00 192,708,943.99
- ------------------------------------------------------------------------------------------------------------------------------------
TOTALS 1,474,263,764.33 211,945,653.98 918,431.17 19,236,709.99 20,155,141.16 0.00 0.00 192,708,943.99
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
- ------------------------------------------------------------------------------------------------------------------------------------
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS FACTOR INTEREST PRINCIPAL TOTAL FACTOR RATE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A 143.7637274 0.622976 13.048350 13.671326 130.7153772 A 5.200000%
- ------------------------------------------------------------------------------------------------------------------------------------
TOTALS 143.7637274 0.622976 13.048350 13.671326 130.7153772
- -----------------------------------------------------------------------------------
</TABLE>

- --------------------------------------------------------------------------------
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT,
PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW:
Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: [email protected]
- --------------------------------------------------------------------------------

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

April 15, 1999

- --------------------------------------------------------------------------------
MONTHLY REPORT
<TABLE>
<S> <C> <C>
Due Period 38

Due Period Beginning Date 03/01/99

Due Period End Date 03/31/99

Determination Date 04/09/99

I. Monthly Expense Summary
A. Servicing Fee Disbursement 176,621.38

B. Cash Collateral Account Expense 0.00

C. Total Expenses Paid (per $1000 of Original Principal Amount) 0.119803

II. Cash Collateral Account Deposit Amount 0.00

III. Outstanding Advance Summary
A. From Prior Period 3,823,339.25

B. From Current Period 3,727,883.64

C. Change in Amount Between Periods (Line B - A) -95,455.61

IV. Available Cash Collateral Account Information for Due Period
A. Available Cash Collateral Amount 11,056,978.23

B. Available Cash Collateral Amount Percentage 5.2169%

V. Available Cash Collateral Account Information for Next Period
A. Available Cash Collateral Amount 11,056,978.23

B. Available Cash Collateral Amount Percentage 5.7377%

VI. Required Cash Collateral Amount
A. For the Current Collection Period 11,056,978.23

B. For the Next Collection Period 11,056,978.23

VII. Payment Summary for Servicer
A. Monthly Servicing Fees

1. Scheduled Monthly Servicing Fee 176,621.38

B. Monthly Disbursements to Servicer

1. Monthly Servicing Fee and Unpaid Servicing Fee 176,621.38

2. Reimbursed Advance Amount 324,622.25

3. Net Investment Earnings on Certificate Account 0.00

4. Total (Lines 1 thru 3) 501,243.63

C. Advance by Servicer 229,166.64

D. Net Disbursement to Seller (Lines B - C) 272,076.99

VIII. Certificate Account Surplus from Cert Acct to Cash Collateral Acct 0.00

IX. Disbursements on Cash Collateral Loan
A. Interest Payment on Loan 0.00

B. Fees and Expenses on Loan 0.00

C. Principal Payment on Loan 0.00
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

April 15, 1999

- --------------------------------------------------------------------------------

<TABLE>
<S> <C> <C>
X. Repayment to Seller
A. From Available Cash Collateral Funds 46,547.19

B. From Certificate Account

1. Excess Funds 416,869.04

2. Certificate Amount Surplus 0.00

3. Excess Amount (Lines 1 - 2) 416,869.04

C. Excess Amount Paid Seller (Lines A + B) 463,416.23

XI. Recoveries of Defaulted Receivables for Due Period 52,806.21

XII. Recoveries of Interest Delinquencies for Due Period 324,622.25
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

April 15, 1999
- --------------------------------------------------------------------------------

MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>
<S> <C> <C>
I. Available Amount in the Certificate Account
A. Credits

1. Payments form Obligors Applied to Collection Period

a. Principal Payments 18,873,219.05

b. Recovery of Advance 313,747.26

c. Other Interest Payments 1,375,460.58

d. Total (A thru C) 20,562,426.89

2. Repurchase Amount from Repurchased Receivables

a. Principal before Cutoff Date 0.00

b. Interest before Cutoff Date 0.00

c. Principal Payments 223,749.73

d. Recovery of Advance 3,614.63

e. Other Interest Payments 1,486.69

f. Total (A thru E) 228,851.05

3. Reversal from Defaulted Contracts 0.00

4. Recovery of Defaulted Receivables 52,806.21

5. Recovery Amount Before Cutoff Date (Excluding Repurchased Receivables

a. Principal 0.00

b. Interest 0.00

c. Total (A thru B) 0.00

6. Investment Earnings on Certificate Account 0.00

7. Net Adjustments 3.04

8. Advance by Servicer 229,166.64

9. Overpayment from Obligors 0.00

10. Total Credits 21,073,253.83

B. Debits

1. Overpayments from Obligors 0.00

2. Recovery Amount Before Cutoff Date to Seller

a. Principal 0.00

b. Interest. 0.00

c. Total (Lines A thru B) 0.00

3. Reversal from Defaulted Contracts 0.00

4. Reimbursement of Advance

a. From Payments of Non-Defaulted Receivables 317,361.89

b. From Recovery of Defaulted Receivables 0.00

c. Total (Lines A thru B) 317,361.89

5. Net Investment Earnings on Certificate Account 0.00

6. Total Debits (Lines 1 thru 5) 317,361.89

C. Total Available Amount 20,755,891.94
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

April 15, 1999

- --------------------------------------------------------------------------------

MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>
<S> <C> <C>
II. Reimbursement of Advance on Defaulted Receivables
A. Recovery of Advance 2,714.34

B. Unreimbursed Advance from Prior Period 0.00

C. Reimbursed Amount (Min: Lines A and B) 0.00

III. Excess Collections for Collection Period
A. Excess Spread Amount 511,208.64

B. Net Recovery of Defaulted Receivables

1. Recovery of Defaulted Receivables 52,806.21

2. Reimbursement of Advance 0.00

3. Net Recovery of Defaulted Receivables (Lines 1-2) 52,806.21

C. Excess Spread Amount to this Periods Defaulted Receivables

1. Balance on Defaulted Receivables

a. Principal 139,741.21

b. Advanced Interest 7,260.36

c. Unadvanced Interest 144.24

d. Total (Lines A thru C) 147,145.81

2. Amount Applied to Default Balance (Min: Lines A+B and C.1) 147,145.81

D. Principal Carryover Shortfall 0.00

E. Adjustment to Excess Collection 0.00

F. Excess Collections 416,869.04

IV. Scheduled Monthly Disbursements
A. Unreimbursed Advance on Defaulted Receivables 0.00

B. Principal and Interest to Certificateholders

1. Monthly Prinicpal

a. From Repurchsed Receivables 223,749.73

b. From Defaulted Receivables 139,741.21

c. Principal Payment 18,873,219.05

d. Total (Lines A thru C) 19,236,709.99

2. Monthly Interest 918,431.17

3. Unpaid Interest 0.00

4. Principal Carryover Shortfall 0.00

5. Total 20,155,141.16

C. Servicing Fee to Servicer

1. Monthly Servicing Fee 176,621.38

2. Overdue Monthly Servicing Fee 0.00

3. Total (Lines 1 thru 2) 176,621.38

D. Total (Lines A thru C) 20,331,762.54

V. Payment Deficiency Amount
A. Scheduled Monthly Disbursements 20,331,762.54

B. Available Distribution Amount

1. Available Amount in Certificate Account 20,755,891.94

2. Excess Collections in Certificate Account 416,869.04

3. Reimbursed Advance on Defaulted Receivables from Excess Spread 7,260.36

4. Available Distribution Amount (Lines 1-2-3) 20,331,762.54

C. Payment Deficiency Amount (Max: (Lines A-B) and 0.00) 0.00
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

April 15, 1999

- --------------------------------------------------------------------------------
MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>
<S> <C> <C>
VI. Cash Collateral Account Withdrawal
A. Available Cash Collateral Amount for the Collection Period 11,056,978.23

B. Payment Deficiency Amount 0.00

C. Cash Collateral Account Withdrawal 0.00

VII. Disbursements from the Certificate Account with CCA Withdrawal
A. Available Distribution Amount

1. Available Distribution Amount from Certificate Account 20,755,891.94

2. Excess Collections 416,869.04

3. Cash Collateral Account Withdrawal 0.00

4. Reimbursed Advance on Defaulted Receivables from Excess Spread 7,260.36

5. Available Amount (Lines 1 - 2 + 3 - 4) 20,331,762.54

B. Disbursements of Advance on Defaulted Receivables 0.00

C. Disbursements to Certificateholders 20,155,141.16

D. Monthly Servicing Fee and Overdue Servicing Fee 176,621.38

E. Excess Funds from Certificate Account

1. Available Amount after Distribution (Lines A - B - C- D) 0.00

2. Excess Collections 416,869.04

3. Excess Funds (Lines 1 + 2) 416,869.04

VII. Average Certificate Principal Balance for the Collection Period
A. Beginning Balance 211,945,653.98

B. Ending Balance 192,708,943.99

C. Average Balance (Lines (A + B) / 2) 202,327,298.98

IX. Delinquency and Defaults Information

Group 1

Delinquency Principal
Period Number Amount Balance
------ ------ ----------- ---------
30-59 days 613 415,677.42 3,826,264.48
60-89 days 132 134,823.63 848,670.52
90-119 days 42 59,285.77 273,292.81
120+149 days 30 58,035.58 255,658.93
150+179 days 14 35,580.21 118,881.83
180+209 days 14 37,453.69 84,805.44
210+239 days 3 7,594.46 16,627.48
240+Days
Delinquent 0 0.00 0.00
Total 848 748,450.76 5,424,201.49

B. Principal Amount of Loans in Defaulted Receivables 139,741.21

C. Delinquency Percentage

1. Outstanding Principal Balance for Deliquency >= 60 Days 1,597,937.01

2. Portfolio Principal Ending Balance for the Collection Period 192,708,943.99

3. Delinquency Percentage 0.8292%
</TABLE>

<PAGE>

- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

April 15, 1999
- --------------------------------------------------------------------------------
MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>
<S> <C> <C>
X. Portfolio Average Delinquency Rate
A. Delinquency Rate for Second Prior Period 1.0347%

B. Delinquency Rate for Prior Period 1.0144%

C. Delinquency Rate for Current Period 0.8292%

D. Average Deliquency Rate 0.9594%

XI. Portfolio Average Three Due Periods Charge Off Rate
A. Charge Off Rate for Second Prior Period 0.4412%

B. Charge Off Rate for Prior Period 0.8198%

C. Charge Off Rate for Current Period

1. Principal Recoveries of Defaulted Receivables 47,258.90

2. Principal on Defaulted Receivables 139,741.21

3. Average Pool Balance for Collection Period 202,327,298.98

4. Charge Off Rate (12 * (Lines (2 - 1) / 3) 0.5485%

D. Average Charge Off Rate ((Lines A thru C) / 3) 0.6032%

XII. Required Cash Collateral Amount for Next Collection Period
A. Cash Collateral Floor Amount

1. Maximum Amount 11,056,978.23

2. Possible Floor Amount

a. Pool Principal Balance at the Beginning of Collection 211,945,653.98
Period
b. Cumulative Monthly Interest Through Final Distribution 31,226,659.69
Date
c. Cumulative Monthly Servicing Fee Through Final 6,005,126.86
Distribution Date
d. Total (Lines A thru C) 249,177,440.53

3. Cash Collateral Floor Amount (Min: Lines 1 & 2) 11,056,978.23

B. Possible Cash Collateral Amount

1. Cash Collateral Percentage

a. Average Three Period Delinquency Percentage 0.9594%

b. Delinquency Percentage Trigger 1.2500%

c. Average Three Period Charge Off Rate 0.6032%

d. Charge Off Rate Trigger 1.2500%

e. Maximum Cash Collateral Percentage Specified 7.0000%

f. Minimum Cash Collateral Percentage Specified 5.0000%

g. Cash Collateral Percentage Applied (If a>b or c>d, 5.0000%
then e, else f)

2. Pool Principal Balance 192,708,943.99

3. Possible Amount 9,635,447.20

C. Required Cash Collateral Amount (Max: Lines A & B) 11,056,978.23

XIII. Deposit to Cash Collateral Account
A. Excess Funds from Certificate Account 416,869.04

B. Required Deposit to Cash Collateral Account

1. Required Cash Collateral Amount for Next Period 11,056,978.23

2. Available Cash Collateral Amount 11,056,978.23

3. Cash Collateral Account Withdrawal 0.00

4. Required Deposit Amount (Max: 0 & Lines 1-2+3) 0.00

C. Deposit Amount to Cash Collateral Account (Min: Lines A & B) 0.00
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

April 15, 1999

- --------------------------------------------------------------------------------
MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>
<S> <C> <C>
XIV. Memorandum Spread Account Unfunded Amount
A. Memorandum Spread Account Cap

1. Cash Collateral Floor Amount 11,056,978.23

2. Possible Cap

a. Pool Principal Balance 192,708,943.99

b. Memorandum Spread Account Cap Percentage

1. Average Three Period Charge Off Rate 0.6032%

2. Minimum Charge Off Rate Trigger 1.2500%

3. Average Three Period Delinquency Rate 0.9594%

4. Minimum Delinquency Percentage 1.2500%

5. Minimum Cap Percentage Specified 1.0000%

6. Maximum Cap Percentage Specified 2.0000%

7. Memorandum Spread Account Cap Percentage 1.0000%
(If 1<=2 and 3<=4 then 5 else 6)
c. Possible Amount (Lines a * b) 1,927,089.44

3. Memorandum Spread Account Cap (Max: Lines (1 + 2)) 11,056,978.23

B. Memorandum Spread Account Amount

1. Available Cash Collateral Amount 11,056,978.23

2. Cash Collateral Account Deposit 0.00

3. Cash Collateral Account Withdrawal 0.00

4. Principal Balance on Cash Collateral Loan 0.00

5. Memorandum Spread Account Amount (Max: 0 & Lines 1 + 2 - 3 - 4) 11,056,978.23

C. Memorandum Spread Account Unfunded Amount (Max: 0 & Lines A - B) 0.00

XV. Available Cash Collateral Payment Funds
A. Certificate Account Surplus

1. Excess Funds from Certificate Account 416,869.04

2. Memorandum Spread Account Unfunded Amount 0.00

3. Certificate Account Surplus 0.00

B. Cash Collateral Account Surplus

1. Available Cash Collateral Amount 11,056,978.23

2. Cash Collateral Account Deposit 0.00

3. Cash Collateral Account Withdrawal 0.00

4. Required Cash Collateral Amount for Next Period 11,056,978.23

5. Cash Collateral Account Surplus (Max: 0 & Lines 1 + 2 - 3 - 4) 0.00

C. Investment Earnings on Cash Collateral Account 46,547.19

D. Available Cash Collateral Payment Funds 46,547.19

XVI. Scheduled Disbursement on Cash Collateral Loan
A. Scheduled Interest

1. Interest on Deposit Rate Portion 0.00

2. Interest on Base Rate Portion 0.00

3. Unpaid Interest 0.00

4. Total (Lines 1 thru 3) 0.00

B. Fees and Expenses

1. Fees and Expenses 0.00

2. Overdue Fees and Expenses 0.00

3. Total (Lines 1 thru 2) 0.00

C. Total (Lines A + B) 0.00
</TABLE>

<PAGE>

- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A

April 15, 1999

- --------------------------------------------------------------------------------
MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>
<S> <C> <C>
XVII. Excess From Memorandum Spread Account
A. Memorandum Spread Account Cap 11,056,978.23

B. Adjusted Memorandum Spread Account Amount

1. Memorandum Spread Account Amount 11,056,978.23

2. Investment Earnings on Cash Collateral Account 46,547.19

3. Interest Due to Cash Collateral Loan 0.00

4. Fees and Expenses to Cash Collateral Loan 0.00

5. Adjusted Memorandum Spread Account Amount
(Max: 0 & Lines 1 + 2 - 3 - 4) 11,103,525.42

C. Excess from Memorandum Spread Account 46,547.19

XVIII. Disbursement of Available Cash Collateral Payment Funds
A. Available Cash Collateral Payment Funds 46,547.19

B. Interest Payment to Cash Collateral Loan 0.00

C. Fees and Expenses on Cash Collateral Depositor 0.00

D. Principal Payment to Cash Collateral Loan

1. Available Disbursement Amount

a. Available Amount after Disbursement of Interest,
Fees, & Expenses 46,547.19

b. From Excess of Memorandum Spread Account 46,547.19

c. Available Disbursement Amount 0.00

2. Principal Balance on Cash Collateral Loan 0.00

3. Principal Payment 0.00

E. Excess Amount to Seller 46,547.19

XIX. Available Cash Collateral Amount for Next Distrbution Date
A. Available Cash Collateral Amount

1. Available Cash Collateral Amount 11,056,978.23

2. Cash Collateral Account Deposit from Certificate Account 0.00

3. Cash Collateral Account Withdrawal 0.00

4. Cash Collateral Account Surplus 0.00

5. Available Cash Collateral Amount (Lines 1 + 2 - 3 - 4) 11,056,978.23

B. Available Cash Collateral Percentage 5.7377%

XX. Reimbursed Advance
A. From Payment in Certificate Account 317,361.89

B. From Excess Spread 7,260.36

C. From Certificate Account with Cash Collateral Withdrawal 0.00

D. Total (Lines A thru C) 324,622.25

XXI. Excess Amount to Seller
A. From Available Cash Collateral Payment Funds 46,547.19

B. From Certificate Account

1. Excess Funds 416,869.04

2. Certificate Account Surplus 0.00

3. Excess Amount 416,869.04

C. Excess Amount to Seller (Lines A thru B) 463,416.23

XXII. Weighted Average Coupon as of Current Period 9.0694%
XXII. Weighted Average Maturity as of Current Period 18.03629494
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
April 15, 1999

- --------------------------------------------------------------------------------
MONTHLY BALANCE REPORT

<TABLE>
<S> <C>
I. Defaulted Receivables Summary
A. Beginning Balance

1. Principal 8,002,219.86

2. Interest 308,170.65

3. Total 8,310,390.51

B. Additions

1. Principal 139,741.21

2. Interest 7,404.60

3. Total (Lines 1 thru 2) 147,145.81

C. Net Recoveries

1. Principal 47,258.90

2. Interest 2,731.99

3. Excess 2,815.32

4. Total (Lines 1 thru 3) 52,806.21

D. Adjustments on Excess from Recoveries 2,815.32

E. Ending Balance
1. Principal 8,094,702.17

2. Interest 312,843.26

3. Total (Lines 1 + 2) 8,407,545.43

II. Portfolio Delinquency Summary
A. Beginning Balance 3,410,410.67

B. Additions 1,913,877.13

C. Recoveries

1. From Repurchased Receivables 13,181.82

2. Delinquency Adjustments on Matured Contracts 1,296.38

3. Others 2,857,254.14

4. Total (Lines 1 thru 3) 2,871,732.34

D. To Defaulted Receivables 33,262.70

E. Ending Balance 2,419,292.76

III. Outstanding Advances Summary
A. Beginning Balance 3,823,339.25

B. Additions 229,166.64

C. Reimbursements

1. For Defaulted Receivables

a. From Receivables Excess Spread 7,260.36

b. From Cash Collateral Withdrawal 0.00

c. From Recoveries of Defaulted Receivables 0.00

d. Total (Lines a thru c) 7,260.36

2. Others 317,361.89

3. Total (Lines 1 thru 2) 324,622.25

D. Ending Balance (Lines A + B - C) 3,727,883.64
</TABLE>

<PAGE>
- --------------------------------------------------------------------------------

Chase Manhattan Grantor Trust 1996-A
April 15, 1999

- --------------------------------------------------------------------------------
MONTHLY BALANCE REPORT

<TABLE>
<S> <C> <C>
IV. Unreimbursed Advances of Defaulted Receivables Summary
A. Beginning Balance 0.00

B. Additions 7,260.36

C. Reimbursements

1. From Recoveries of Defaulted Receivables 0.00

2. From Excess Reserve Account 7,260.36

3. From Cash Collateral Withdrawal 0.00

4. Total 7,260.36

D. Ending Balance (Lines A + B - C) 0.00

V. Maturity Interest Deficiency Summary
A. Beginning Balance 1,985,402.39

B. Additions 60,827.31

C. Ending Balance 2,046,229.70

VI. Certificate Principal Balance
A. Beginning Balance 211,945,653.98

B. Monthly Prinicpal

1. Defaulted Receivables 139,741.21

2. Repurchased Receivables 223,749.73

3. Principal Payment 18,873,219.05

4. Total (Lines 1 thru 3) 19,236,709.99

C. Ending Balance (Lines A - B) 192,708,943.99

VII. Automobiles Receivables Balance Summary
A. Beginning Balance 211,945,653.98

B. Automobile Receivable Monthly Principal

1. Defaulted Receivables 139,741.21

2. Others 19,096,968.78

3. Total (Lines 1 thru 2) 19,236,709.99

C. Ending Balance 192,708,943.99

VII. Automobiles Tally Summary
A. Beginning Number of Receivables 38,373

B. Additions 0

C. Deductions

1. Repurchased Receivables 31

2. Defaulted Receivables 28

3. Matured Receivables 1,597

4. Total (Lines 1 thru 3) 1,656

D. Ending Number of Receivables 36,717

VIII. Cash Collateral Loan Summary
A. Beginning Balance 0.00

B. Repayment of Loan 0.00

C. Ending Balance 0.00

</TABLE>

<PAGE>
Page 1 of 13

Chase Manhattan Grantor Trust 1996-A
Statement to Certificateholders
May 17, 1999

DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 1,474,263,764.33 192,708,943.99 835,072.09 16,173,830.38 17,008,902.47 0.00 0.00 176,535,113.61
TOTALS 1,474,263,764.33 192,708,943.99 835,072.09 16,173,830.38 17,008,902.47 0.00 0.00 176,535,113.61
</TABLE>

FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS FACTOR INTEREST PRINCIPAL TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A 130.7153772 0.566433 10.970785 11.537218 119.7445924 A 5.200000 %
TOTALS 130.7153772 0.566433 10.970785 11.537218 119.7445924
</TABLE>

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: [email protected]

<PAGE>
Page 2 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY REPORT

<TABLE>

<S> <C> <C>
Due Period 39
Due Period Beginning Date 04/01/99
Due Period End Date 04/30/99
Determination Date 05/10/99

I. Monthly Expense Summary
A. Servicing Fee Disbursement 160,590.79
B. Cash Collateral Account Expense 0.00
C. Total Expenses Paid (per $1000 of Original Principal Amount) 0.108929

II. Cash Collateral Account Deposit Amount 0.00

III. Outstanding Advance Summary
A. From Prior Period 3,727,883.64
B. From Current Period 3,705,268.00
C. Change in Amount Between Periods (Line B - A) -22,615.64

IV. Available Cash Collateral Account Information for Due Period
A. Available Cash Collateral Amount 11,056,978.23
B. Available Cash Collateral Amount Percentage 5.7377 %

V. Available Cash Collateral Account Information for Next Period
A. Available Cash Collateral Amount 11,056,978.23
B. Available Cash Collateral Amount Percentage 6.2633 %

VI. Required Cash Collateral Amount
A. For the Current Collection Period 11,056,978.23
B. For the Next Collection Period 11,056,978.23

VII. Payment Summary for Servicer
A. Monthly Servicing Fees
1. Scheduled Monthly Servicing Fee 160,590.79
B. Monthly Disbursements to Servicer
1. Monthly Servicing Fee and Unpaid Servicing Fee 160,590.79
2. Reimbursed Advance Amount 234,010.59
3. Net Investment Earnings on Certificate Account 0.00
4. Total (Lines 1 thru 3) 394,601.38
C. Advance by Servicer 211,394.95
D. Net Disbursement to Seller (Lines B - C) 183,206.43

VIII. Certificate Account Surplus from Cert Acct to Cash Collateral Acct 0.00

IX. Disbursements on Cash Collateral Loan
A. Interest Payment on Loan 0.00
B. Fees and Expenses on Loan 0.00
C. Principal Payment on Loan 0.00
</TABLE>

<PAGE>
Page 3 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999

<TABLE>
<S> <C>
X. Repayment to Seller
A. From Available Cash Collateral Funds 47,925.86
B. From Certificate Account
1. Excess Funds 413,234.25
2. Certificate Amount Surplus 0.00
3. Excess Amount ( Lines 1 -2) 413,234.25
C. Excess Amount Paid Seller (Lines A + B) 461,160.11

XI. Recoveries of Defaulted Receivables for Due Period 54,769.34

XII. Recoveries of Interest Delinquencies for Due Period 234,010.59
</TABLE>

<PAGE>
Page 4 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>

<S> <C>
I. Available Amount in the Certificate Account

A. Credits
1. Payments form Obligors Applied to
Collection Period
a. Principal Payments 15,931,509.22
b. Recovery of Advance 224,158.94
c. Other Interest Payments 1,244,834.28
d. Total (A thru C) 17,400,502.44
2. Repurchase Amount from Repurchased Receivables
a. Principal before Cutoff Date 0.00
b. Interest before Cutoff Date 0.00
c. Principal Payments 145,519.68
d. Recovery of Advance 3,795.12
e. Other Interest Payments 754.06
f. Total (A thru E) 150,068.86
3. Reversal from Defaulted Contracts 0.00
4. Recovery of Defaulted Receivables 54,769.34
5. Recovery Amount Before Cutoff Date
(Excluding Repurchased Receivables
a. Principal 0.00
b. Interest 0.00
c. Total (A thru B) 0.00
6. Investment Earnings on Certificate Account 0.00
7. Net Adjustments 2.51
8. Advance by Servicer 211,394.95
9. Overpayment from Obligors 0.00
10. Total Credits 17,816,738.10
B. Debits
1. Overpayments from Obligors 0.00
2. Recovery Amount Before Cutoff Date to Seller
a. Principal 0.00
b. Interest. 0.00
c. Total (Lines A thru B) 0.00
3. Reversal from Defaulted Contracts 0.00
4. Reimbursement of Advance
a. From Payments of Non-Defaulted
Receivables 227,954.06
b. From Recovery of Defaulted Receivables 0.00
c. Total (Lines A thru B) 227,954.06
5. Net Investment Earnings on Certificate Account 0.00
6. Total Debits (Lines 1 thru 5) 227,954.06
C. Total Available Amount 17,588,784.04
</TABLE>

<PAGE>
Page 5 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>

<S> <C>
II. Reimbursement of Advance on Defaulted Receivables
A. Recovery of Advance 5,100.95
B. Unreimbursed Advance from Prior Period 0.00
C. Reimbursed Amount (Min: Lines A and B) 0.00
III. Excess Collections for Collection Period
A. Excess Spread Amount 461,385.74
B. Net Recovery of Defaulted Receivables
1. Recovery of Defaulted Receivables 54,769.34
2. Reimbursement of Advance 0.00
3. Net Recovery of Defaulted Receivables (lines 1-2) 54,769.34
C. Excess Spread Amount to this Periods Defaulted Receivables
1. Balance on Defaulted Receivables
a. Principal 96,801.48
b. Advanced Interest 6,056.53
c. Unadvanced Interest 62.82
d. Total (Lines A thru C) 102,920.83
2. Amount Applied to Default Balance
(Min: Lines A+B and C.1) 102,920.83
D. Principal Carryover Shortfall 0.00
E. Adjustment to Excess Collection 0.00
F. Excess Collections 413,234.25

IV. Scheduled Monthly Disbursements
A. Unreimbursed Advance on Defaulted Receivables 0.00
B. Principal and Interest to Certificateholders
1. Monthly Prinicpal
a. From Repurchsed Receivables 145,519.68
b. From Defaulted Receivables 96,801.48
c. Principal Payment 15,931,509.22
d. Total (Lines A thru C) 16,173,830.38
2. Monthly Interest 835,072.09
3. Unpaid Interest 0.00
4. Principal Carryover Shortfall 0.00
5. Total 17,008,902.47
C. Servicing Fee to Servicer
1. Monthly Servicing Fee 160,590.79
2. Overdue Monthly Servicing Fee 0.00
3. Total (Lines 1 thru 2) 160,590.79
D. Total (Lines A thru C) 17,169,493.26

V. Payment Deficiency Amount
A. Scheduled Monthly Disbursements 17,169,493.26
B. Available Distribution Amount
1. Available Amount in Certificate Account 17,588,784.04
2. Excess Collections in Certificate Account 413,234.25
3. Reimbursed Advance on Defaulted Receivables
from Excess Spread 6,056.53
4. Available Distribution Amount (Lines 1-2-3) 17,169,493.26
C. Payment Deficiency Amount (Max: (Lines A-B) and 0.00) 0.00
</TABLE>

<PAGE>

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>
Page 6 of 13

<S> <C>
VI. Cash Collateral Account Withdrawal
A. Available Cash Collateral Amount for the
Collection Period 11,056,978.23
B. Payment Deficiency Amount 0.00
C. Cash Collateral Account Withdrawal 0.00

VII. Disbursements from the Certificate Account with CCA Withdrawal
A. Available Distribution Amount
1. Available Distribution Amount from
Certificate Account 17,588,784.04
2. Excess Collections 413,234.25
3. Cash Collateral Account Withdrawal 0.00
4. Reimbursed Advance on Defaulted Receivables
from Excess Spread 6,056.53
5 Available Amount (Lines 1 - 2 + 3 - 4) 17,169,493.26
B. Disbursements of Advance on Defaulted Receivables 0.00
C. Disbursements to Certificateholders 17,008,902.47
D. Monthly Servicing Fee and Overdue Servicing Fee 160,590.79
E. Excess Funds from Certificate Account
1. Available Amount after Distribution
(Lines A - B - C- D) 0.00
2. Excess Collections 413,234.25
3. Excess Funds (Lines 1 + 2) 413,234.25
VIII. Average Certificate Principal Balance for the Collection Period
A. Beginning Balance 192,708,943.99
B. Ending Balance 176,535,113.61
C. Average Balance (Lines (A + B) / 2 ) 184,622,028.80
</TABLE>

IX. Delinquency and Defaults Information

Group 1

Period Number Delinquency Principal
Amount Balance
30-59 days 596 405,196.20 3,597,568.13
60-89 days 122 121,260.49 799,075.90
90-119 days 42 52,083.70 221,897.59
120+149 days 23 49,065.96 187,818.37
150+179 days 19 44,988.72 151,045.37
180+209 days 11 30,522.49 77,292.37
210+239 days 3 10,818.95 20,787.85
240+Days
Delinquent 0 0.00 0.00
Total 816 713,936.51 5,055,485.58

<TABLE>

<S> <C>
B. Principal Amount of Loans in Defaulted Receivables 96,801.48
C. Delinquency Percentage
1. Outstanding Principal Balance for Deliquency
(is greater than or equal to) 60 Days 1,457,917.45
2. Portfolio Principal Ending Balance for the
Collection Period 176,535,113.61
3. Delinquency Percentage 0.8259 %
</TABLE>

<PAGE>

Page 7 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>

<S> <C>
X. Portfolio Average Delinquency Rate
A. Delinquency Rate for Second Prior Period 1.0144 %
B. Delinquency Rate for Prior Period 0.8292 %
C. Delinquency Rate for Current Period 0.8259 %
D. Average Deliquency Rate 0.8898 %

XI. Portfolio Average Three Due Periods Charge Off Rate
A. Charge Off Rate for Second Prior Period 0.8198 %
B. Charge Off Rate for Prior Period 0.5485 %
C. Charge Off Rate for Current Period
1. Principal Recoveries of Defaulted Receivables 47,800.60
2. Principal on Defaulted Receivables 96,801.48
3. Average Pool Balance for Collection Period 184,622,028.80
4. Charge Off Rate ( 12 * ( Lines ( 2 - 1) / 3) 0.3185 %
D. Average Charge Off Rate ( ( Lines A thru C) / 3) 0.5623 %

XII. Required Cash Collateral Amount for Next Collection Period
A. Cash Collateral Floor Amount
1. Maximum Amount 11,056,978.23
2. Possible Floor Amount
a. Pool Principal Balance at the
Beginning of Collection Period 192,708,943.99

b. Cumulative Monthly Interest Through
Final Distribution Date 27,557,378.99
c. Cumulative Monthly Servicing Fee
Through Final Distribution Date 5,299,495.96
d. Total ( Lines A thru C) 225,565,818.94
3. Cash Collateral Floor Amount ( Min: Lines 1 & 2) 11,056,978.23
B. Possible Cash Collateral Amount
1. Cash Collateral Percentage
a. Average Three Period Delinquency
Percentage 0.8898 %
b. Delinquency Percentage Trigger 1.2500 %
c. Average Three Period Charge Off Rate 0.5623 %
d. Charge Off Rate Trigger 1.2500 %
e. Maximum Cash Collateral Percentage Specified 7.0000 %
f. Minimum Cash Collateral Percentage Specified 5.0000 %
g. Cash Collateral Percentage Applied
(If a(greater than)b or c(greater than)
d, then e, else f) 5.0000 %
2. Pool Principal Balance 176,535,113.61
3. Possible Amount 8,826,755.68
C. Required Cash Collateral Amount (Max: Lines A & B) 11,056,978.23

XIII. Deposit to Cash Collateral Account
A. Excess Funds from Certificate Account 413,234.25
B. Required Deposit to Cash Collateral Account
1. Required Cash Collateral Amount for Next Period 11,056,978.23
2. Available Cash Collateral Amount 11,056,978.23
3. Cash Collateral Account Withdrawal 0.00
4. Required Deposit Amount ( Max: 0 & Lines 1-2+3) 0.00
C. Deposit Amount to Cash Collateral Account (Min: Lines A & B) 0.00
</TABLE>

<PAGE>
Page 8 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY SERVICER CERTIFICATE REPORT

XIV. Memorandum Spread Account Unfunded Amount
A. Memorandum Spread Account Cap
1. Cash Collateral Floor Amount 11,056,978.23
2. Possible Cap
a. Pool Principal Balance 176,535,113.61
b. Memorandum Spread Account Cap
Percentage
1. Average Three Period
Charge Off Rate 0.5623 %
2. Minimum Charge Off Rate Trigger 1.2500 %
3. Average Three Period Delinquency
Rate 0.8898 %
4. Minimum Delinquency Percentage 1.2500 %
5. Minimum Cap Percentage Specified 1.0000 %
6. Maximum Cap Percentage Specified 2.0000 %
7. Memorandum Spread Account Cap
Percentage (If 1(less than or
equal to)2 and 3(less than or
equal to)4 then 5 else 6) 1.0000 %
c. Possible Amount (Lines a * b) 1,765,351.14
3. Memorandum Spread Account Cap (Max: Lines
( 1 + 2)) 11,056,978.23
B. Memorandum Spread Account Amount
1. Available Cash Collateral Amount 11,056,978.23
2. Cash Collateral Account Deposit 0.00
3. Cash Collateral Account Withdrawal 0.00
4. Principal Balance on Cash Collateral Loan 0.00
5. Memorandum Spread Account Amount
(Max: 0 & Lines 1 + 2 - 3 - 4) 11,056,978.23
C. Memorandum Spread Account Unfunded Amount
(Max: 0 & Lines A - B) 0.00

XV. Available Cash Collateral Payment Funds
A. Certificate Account Surplus
1. Excess Funds from Certificate Account 413,234.25
2. Memorandum Spread Account Unfunded Amount 0.00
3. Certificate Account Surplus 0.00
B. Cash Collateral Account Surplus
1. Available Cash Collateral Amount 11,056,978.23
2. Cash Collateral Account Deposit 0.00
3. Cash Collateral Account Withdrawal 0.00
4. Required Cash Collateral Amount for Next Period 11,056,978.23
5. Cash Collateral Account Surplus
(Max: 0 & Lines 1 + 2 - 3 - 4) 0.00
C. Investment Earnings on Cash Collateral Account 47,925.86
D. Available Cash Collateral Payment Funds 47,925.86

XVI. Scheduled Disbursement on Cash Collateral Loan
A. Scheduled Interest
1. Interest on Deposit Rate Portion 0.00
2. Interest on Base Rate Portion 0.00
3. Unpaid Interest 0.00
4. Total (Lines 1 thru 3) 0.00
B. Fees and Expenses

1. Fees and Expenses 0.00
2. Overdue Fees and Expenses 0.00
3. Total (Lines 1 thru 2) 0.00

C. Total ( Lines A + B ) 0.00
</TABLE>

<PAGE>
Page 9 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY SERVICER CERTIFICATE REPORT

<TABLE>
<S> <C>
XVII. Excess From Memorandum Spread Account
A. Memorandum Spread Account Cap 11,056,978.23
B. Adjusted Memorandum Spread Account Amount
1. Memorandum Spread Account Amount 11,056,978.23
2. Investment Earnings on Cash Collateral Account 47,925.86
3. Interest Due to Cash Collateral Loan 0.00
4. Fees and Expenses to Cash Collateral Loan 0.00
5. Adjusted Memorandum Spread Account Amount
(Max: 0 & Lines 1 + 2 - 3 - 4) 11,104,904.09
C. Excess from Memorandum Spread Account 47,925.86

XVIII. Disbursement of Available Cash Collateral Payment Funds
A. Available Cash Collateral Payment Funds 47,925.86
B. Interest Payment to Cash Collateral Loan 0.00
C. Fees and Expenses on Cash Collateral Depositor 0.00
D. Principal Payment to Cash Collateral Loan

1. Available Disbursement Amount
a. Available Amount after Disbursement of
Interest, Fees, & Expenses 47,925.86
b. From Excess of Memorandum Spread Account 47,925.86
c. Available Disbursement Amount 0.00
2. Principal Balance on Cash Collateral Loan 0.00
3. Principal Payment 0.00
E. Excess Amount to Seller 47,925.86

XIX. Available Cash Collateral Amount for Next Distrbution Date
A. Available Cash Collateral Amount

1. Available Cash Collateral Amount 11,056,978.23
2. Cash Collateral Account Deposit from
Certificate Account 0.00
3. Cash Collateral Account Withdrawal 0.00
4. Cash Collateral Account Surplus 0.00
5. Available Cash Collateral Amount
(Lines 1 + 2 - 3 - 4) 11,056,978.23
B. Available Cash Collateral Percentage 6.2633 %

XX. Reimbursed Advance
A. From Payment in Certificate Account 227,954.06
B. From Excess Spread 6,056.53
C. From Certificate Account with Cash Collateral Withdrawal 0.00
D. Total ( Lines A thru C ) 234,010.59

XXI. Excess Amount to Seller
A. From Available Cash Collateral Payment Funds 47,925.86
B. From Certificate Account
1. Excess Funds 413,234.25
2. Certificate Account Surplus 0.00
3. Excess Amount 413,234.25
C Excess Amount to Seller (Lines A thru B) 461,160.11

XXII. Weighted Average Coupon as of Current Period 9.0701 %
XXIII. Weighted Average Maturity as of Current Period 17.22055477

</TABLE>

<PAGE>
Page 10 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY BALANCE REPORT

I. Defaulted Receivables Summary
A. Beginning Balance
1. Principal 8,094,702.17
2. Interes 312,843.26
3. Total 8,407,545.43

B. Additions
1. Principal 96,801.48
2. Interest 6,119.35
3. Total ( Lines 1 thru 2) 102,920.83

C. Net Recoveries
1. Principal 47,800.60
2. Interest 5,207.18
3. Excess 1,761.56
4. Total ( Lines 1 thru 3) 54,769.34

D. Adjustments on Excess from Recoveries 1,761.56

E. Ending Balance
1. Principal 8,143,703.05
2. Interest 313,755.43
3. Total ( Lines 1 + 2) 8,457,458.48

II. Portfolio Delinquency Summary
A. Beginning Balance 2,419,292.76

B. Additions 1,856,037.75

C. Recoveries
1. From Repurchased Receivables 8,140.94
2. Delinquency Adjustments on Matured Contracts 942.02
3. Others 1,905,169.84
4. Total ( Lines 1 thru 3 ) 1,914,252.80

D. To Defaulted Receivables 24,381.83

E. Ending Balance 2,336,695.88

III. Outstanding Advances Summary
A. Beginning Balance 3,727,883.64
B. Additions 211,394.95
C. Reimbursements

1. For Defaulted Receivables
a. From Receivables Excess Spread 6,056.53
b. From Cash Collateral Withdrawal 0.00
c. From Recoveries of Defaulted
Receivables 0.00
d. Total ( Lines a thru c) 6,056.53

2. Others 227,954.06

3. Total ( Lines 1 thru 2 ) 234,010.59

D. Ending Balance ( Lines A + B - C ) 3,705,268.00

</TABLE>

<PAGE>
Page 11 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY BALANCE REPORT

IV. Unreimbursed Advances of Defaulted Receivables Summary
A. Beginning Balance 0.00
B. Additions 6,056.53
C. Reimbursements
1. From Recoveries of Defaulted Receivables 0.00
2. From Excess Reserve Account 6,056.53
3. From Cash Collateral Withdrawal 0.00
4. Total 6,056.53

D. Ending Balance ( Lines A + B - C) 0.00

V. Maturity Interest Deficiency Summary
A. Beginning Balance 2,046,229.70
B. Additions 52,940.46
C. Ending Balance 2,099,170.16

VI. Certificate Principal Balance
A. Beginning Balance 192,708,943.99
B. Monthly Prinicpal
1. Defaulted Receivables 96,801.48
2. Repurchased Receivables 145,519.68
3. Principal Payment 15,931,509.22
4. Total ( Lines 1 thru 3 ) 16,173,830.38

C. Ending Balance ( Lines A - B ) 176,535,113.61

VII. Automobiles Receivables Balance Summary
A. Beginning Balance 192,708,943.99
B. Automobile Receivable Monthly Principal
1. Defaulted Receivables 96,801.48
2. Others 16,077,028.90
3. Total ( Lines 1 thru 2 ) 16,173,830.38

C. Ending Balance 176,535,113.61

VIII. Automobiles Tally Summary
A. Beginning Number of Receivables 36,717
B. Additions 0
C. Deductions

1. Repurchased Receivables 20
2. Defaulted Receivables 26
3. Matured Receivables 1,417
4. Total ( Lines 1 thru 3 ) 1,463

D. Ending Number of Receivables 35,254

</TABLE>

<PAGE>
Page 12 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999
MONTHLY BALANCE REPORT

IX. Cash Collateral Loan Summary
A. Beginning Balance 0.00
B. Repayment of Loan 0.00
C. Ending Balance 0.00

<PAGE>
Page 13 of 13

Chase Manhattan Grantor Trust 1996-A
May 17, 1999