<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 registrant as specified in its charter)
CHASE MANHATTAN HOME EQUITY LOAN TRUST 1995-1
---------------------------------------------
(Issuer with respect to Certificates)
New York 33-93570 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 February 16, 1999, Chase Manhattan Home Equity Loan Trust 1995-1
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.
On March 15, 1999, Chase Manhattan Home Equity Loan Trust 1995-1 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.
On April 15, 1999, Chase Manhattan Home Equity Loan Trust 1995-1 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.
On May 17, 1999, 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.
Copies of the Certificateholder Reports for such Distribution Dates
delivered pursuant to section 5.03 of the Pooling and Servicing Agreement are
being filed as exhibits 20.1, 20.2, 20.3 and 20.4 to this Current Report on Form
8-K.
<PAGE>
Item 7(c). Exhibits
Exhibits Description
--------- -----------
20.1 Monthly Certificateholders statement with respect
to the February 16, 1999 distribution.
20.2 Monthly Certificateholders statement with respect
to the March 15, 1999 distribution.
20.3 Monthly Certificateholders statement with respect
to the April 15, 1999 distribution.
20.4 Monthly Certificateholders statement with respect
to the May 17, 1999 distribution.
<PAGE>
INDEX TO EXHIBITS
-----------------
Exhibit No. Description
- ----------- -----------
20.1 Certificateholder Report dated February
16, 1999 delivered pursuant to Section
5.03 of the Pooling and Servicing
Agreement dated as of September 1, 1995.
20.2 Certificateholder Report dated March 15,
1999 delivered pursuant to Section 5.03
of the Pooling and Servicing Agreement
dated as of September 1, 1995.
20.3 Certificateholder Report dated April 15,
1999 delivered pursuant to Section 5.03
of the Pooling and Servicing Agreement
dated as of September 1, 1995.
20.4 Certificateholder Report dated May 17,
1999 delivered pursuant to Section 5.03
of the Pooling and Servicing Agreement
dated as of September 1, 1995.
<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: Chase Manhattan Mortgage
Corporation
By: /s/ Richard P. Dargan
------------------------
Name: Richard P. Dargan
Title: Vice President
<PAGE>
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
Statement to Certificateholders
February 16, 1999
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
ORIGINAL PRIOR REALIZED DEFERRED CURRENT
FACE PRINCIPAL PRINCIPAL
CLASS VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 357,735,172.00 188,058,911.46 875,936.62 5,680,035.92 6,555,972.54 0.00 0.00 182,378,875.54
A2 40,000,000.00 21,027,723.99 96,820.99 635,110.70 731,931.69 0.00 0.00 20,392,613.29
SI 8,117,044.50 8,102,236.44 56,758.00 0.00 56,758.00 0.00 0.00 8,102,236.44
R 0.00 0.00 511,265.34 0.00 511,265.34 0.00 0.00 0.00
TOTALS 405,852,216.50 217,188,871.89 1,540,780.95 6,315,146.62 7,855,927.57 0.00 0.00 210,873,725.27
</TABLE>
<TABLE>
<CAPTION>
PASS-THROUGH
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS FACTOR INTEREST PRINCIPAL TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A1 525.6930998 2.448562 15.877768 18.326329 509.8153322 A1 5.240000 %
A2 525.6930998 2.420525 15.877768 18.298292 509.8153323 A2 5.180000 %
SI 998.1756833 6.992447 0.000000 6.992447 998.1756833 SI 0.000000 %
TOTALS 535.1427516 3.796409 15.560212 19.356621 519.5825394
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Paulina Jacome
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7765
Email: [email protected]
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
February 16, 1999
Sec. 4.01(i) Principal Collections received during the
Collection Period 6,315,146.62
Interest Collections received during the
Collection Period 1,629,002.30
Sec. 4.01(iii) Floating Allocation Percentage 96.308821 %
Fixed Allocation Percentage 98.000000 %
Page 1
<PAGE>
Sec. 4.01(iv) Investor Certificate Interest Collections 1,480,907.96
Sec. 4.01(v) Investor Certificate Principal Collections 10,424,540.71
Sec. 4.01(vi) Seller Interest Collections 56,758.00
Seller Principal Collections 0.00
Sec. 4.01(xi) Accelerated Principal Distribution Amount 0.00
Accelerated Principal Distribution Amount
Actually Distributed 0.00
Sec. 4.01(xiii) Amount Required to be Paid by Seller 0.00
Amount Required to be Paid by Servicer 0.00
Sec. 4.01(xiv) Servicing Fee 91,336.34
Accrued and Unpaid Servicing Fees 0.00
Sec. 4.01(xv) Liquidation Loss Amounts (Net of Charge
Off Amounts) 0.00
Charge Off Amounts 0.00
Charge Off Amounts allocable to Investor
Certificateholders 0.00
Sec. 4.01(xvi) Pool Balance as of end of preceding
Collection Period 219,207,226.59
Pool Balance as of end of second preceding
Collection Period 226,173,439.35
Sec. 4.01(xvii) Invested Amount 204,800,749.84
Sec. 4.01(xix) Additional Balances created during the
previous Collection Period 0.00
Sec. 4.01(xxi) Has a Rapid Amortization Event Occurred? NO
Sec. 4.01(xxii) Has an Event of Default Occurred? NO
Sec. 4.01(xxiii) Amount Distributed to Credit Enhancer
per 5.01(a)(1) 10,983.46
Amount Distributed to Credit Enhancer
per 5.01(a)(6) 0.00
Unreimbursed Amounts Due to Credit Enhancer 0.00
Sec. 4.01(xxiv) Guaranteed Principal Distribution Amount 0.00
Sec. 4.01(xxv) Credit Enhancement Draw Amount 0.00
Sec. 4.01(xxvi) Amount Distributed to Seller per 5.01(a)(10) 497,166.90
Page 2
<PAGE>
Sec. 4.01(xxvii) Maximum Rate 8.3330 %
Weighted Average Net Loan Rate 8.3330 %
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
February 16, 1999
Sec. 4.01(xxviii) Minimum Seller Interest 4,257,841.60
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
February 16, 1999
Sec. 4.01(xxix) Required Servicer Advance 0.00
Unreimbursed Required Servicer Advance 0.00
Required Servicer Advance Reimbursement 0.00
Sec. 4.01(xxx) Spread Account Requirement 3,538,981.40
Amount on deposit in the Spread Account 3,538,981.40
Spread Account Deposit 14,098.44
Spread Account Withdrawal 14,098.44
Delinquencies
Group 1
Period Number Principal Balance Percentage
31-60 days 91 2,665,032.55 1.25 %
61-90 days 23 572,971.31 0.27 %
91-120 days 7 224,513.43 0.11 %
121+ days 21 947,167.18 0.44 %
Total 142 4,409,684.47 2.07 %
Loans in Foreclosure
Group 1
Number Principal Balance Percentage
0 0.00 0.00 %
Loans in REO
Group 1
Number Principal Balance Percentage
0 0.00 0.00 %
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 3
<PAGE>
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
Statement to Certificateholders
April 15, 1999
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
ORIGINAL PRIOR REALIZED DEFERRED CURRENT
FACE PRINCIPAL PRINCIPAL
CLASS VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 357,735,172.00 177,702,055.96 783,468.62 5,317,304.27 6,100,772.89 0.00 0.00 172,384,751.69
A2 40,000,000.00 19,869,676.77 89,485.30 594,552.02 684,037.32 0.00 0.00 19,275,124.75
SI 8,117,044.50 8,102,235.57 58,613.69 0.00 58,613.69 0.00 0.00 8,102,235.57
R 0.00 0.00 610,285.37 0.00 610,285.37 0.00 0.00 0.00
TOTALS 405,852,216.50 205,673,968.30 1,541,852.98 5,911,856.29 7,453,709.27 0.00 0.00 199,762,112.01
</TABLE>
<TABLE>
<CAPTION>
PASS-THROUGH
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS FACTOR INTEREST PRINCIPAL TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A1 496.7419194 2.190080 14.863801 17.053881 481.8781187 A1 5.120000 %
A2 496.7419193 2.237133 14.863801 17.100933 481.8781188 A2 5.230000 %
SI 998.1755761 7.221063 0.000000 7.221063 998.1755761 SI 0.000000 %
TOTALS 506.7705927 3.799050 14.566525 18.365575 492.2040681
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Paulina Jacome
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7765
Email: [email protected]
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<TABLE>
<CAPTION>
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
April 15, 1999
<S> <C> <C>
Sec. 4.01(i) Principal Collections received during the Collection Period 5,911,845.71
Interest Collections received during the Collection Period 1,589,121.39
Sec. 4.01(iii) Floating Allocation Percentage 96.099126 %
</TABLE>
Page 1
<PAGE>
<TABLE>
<S> <C> <C>
Fixed Allocation Percentage 98.000000 %
Sec. 4.01(iv) Investor Certificate Interest Collections 1,443,964.69
Sec. 4.01(v) Investor Certificate Principal Collections 9,523,408.78
Sec. 4.01(vi) Seller Interest Collections 58,613.69
Seller Principal Collections 0.00
Sec. 4.01(xi) Accelerated Principal Distribution Amount 10.58
Accelerated Principal Distribution Amount Actually Distributed 10.58
Sec. 4.01(xiii) Amount Required to be Paid by Seller 0.00
Amount Required to be Paid by Servicer 0.00
Sec. 4.01(xiv) Servicing Fee 86,543.01
Accrued and Unpaid Servicing Fees 0.00
Sec. 4.01(xv) Liquidation Loss Amounts (Net of Charge Off Amounts) 0.00
Charge Off Amounts 0.00
Charge Off Amounts allocable to Investor Certificateholders 0.00
Sec. 4.01(xvi) Pool Balance as of end of preceding Collection Period 207,703,224.01
Pool Balance as of end of second preceding Collection Period 212,902,986.28
Sec. 4.01(xvii) Invested Amount 193,689,126.86
Sec. 4.01(xix) Additional Balances created during the previous Collection Period 0.00
Sec. 4.01(xxi) Has a Rapid Amortization Event Occurred? NO
Sec. 4.01(xxii) Has an Event of Default Occurred? NO
Sec. 4.01(xxiii) Amount Distributed to Credit Enhancer per 5.01(a)(1) 10,381.58
Amount Distributed to Credit Enhancer per 5.01(a)(6) 0.00
Unreimbursed Amounts Due to Credit Enhancer 0.00
Sec. 4.01(xxiv) Guaranteed Principal Distribution Amount 0.00
Sec. 4.01(xxv) Credit Enhancement Draw Amount 0.00
</TABLE>
Page 2
<PAGE>
<TABLE>
<S> <C> <C>
Sec. 4.01(xxvi) Amount Distributed to Seller per 5.01(a)(10) 560,618.62
Sec. 4.01(xxvii) Maximum Rate 8.1680 %
Weighted Average Net Loan Rate 8.1680 %
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
April 15, 1999
Sec. 4.01(xxviii) Minimum Seller Interest 4,035,827.57
Sec. 4.01(xxix) Required Servicer Advance 0.00
Unreimbursed Required Servicer Advance 0.00
Required Servicer Advance Reimbursement 0.00
Sec. 4.01(xxx) Spread Account Requirement 3,502,747.52
Amount on deposit in the Spread Account 3,502,747.52
Spread Account Deposit 13,432.86
Spread Account Withdrawal 49,666.75
Additional Draw Amount 3,805,918.35
Delinquencies
Group 1
Period Number Principal Balance Percentage
31-60 days 65 1,896,332.67 0.94 %
61-90 days 13 486,526.29 0.24 %
91-120 days 4 155,570.66 0.08 %
121+ days 23 1,028,935.81 0.51 %
Total 105 3,567,365.43 1.77 %
Loans in Foreclosure
Group 1
Number Principal Balance Percentage
0 0.00 0.00 %
Loans in REO
Group 1
Number Principal Balance Percentage
0 0.00 0.00 %
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 3
<PAGE>
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
Statement to Certificateholders
May 17, 1999
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
ORIGINAL PRIOR REALIZED DEFERRED CURRENT
FACE PRINCIPAL PRINCIPAL
CLASS VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 357,735,172.00 172,384,751.69 779,945.23 2,563,517.61 3,343,462.84 0.00 0.00 169,821,234.08
A2 40,000,000.00 19,275,124.75 89,436.58 286,638.59 376,075.17 0.00 0.00 18,988,486.16
SI 8,117,044.50 8,102,235.57 56,301.61 0.00 56,301.61 0.00 0.00 8,102,235.57
R 0.00 0.00 644,766.85 0.00 644,766.85 0.00 0.00 0.00
TOTALS 405,852,216.50 199,762,112.01 1,570,450.27 2,850,156.20 4,420,606.47 0.00 0.00 196,911,955.81
</TABLE>
<TABLE>
<CAPTION>
PASS-THROUGH
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS FACTOR INTEREST PRINCIPAL TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A1 481.8781187 2.180231 7.165965 9.346195 474.7121541 A1 5.090000 %
A2 481.8781188 2.235915 7.165965 9.401879 474.7121540 A2 5.220000 %
SI 998.1755761 6.936220 0.000000 6.936220 998.1755761 SI 0.000000 %
TOTALS 492.2040681 3.869513 7.022645 10.892158 485.1814227
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Paulina Jacome
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7765
Email: [email protected]
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<TABLE>
<CAPTION>
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
May 17, 1999
<S> <C> <C>
Sec. 4.01(i) Principal Collections received during the Collection Period 2,850,145.62
Interest Collections received during the Collection Period 1,486,304.71
Additional Draw Amount 5,777,908.48
</TABLE>
Page 1
<PAGE>
<TABLE>
<S> <C> <C>
Sec. 4.01(iii) Floating Allocation Percentage 95.984838 %
Fixed Allocation Percentage 98.000000 %
Sec. 4.01(iv) Investor Certificate Interest Collections 1,345,923.36
Sec. 4.01(v) Investor Certificate Principal Collections 8,455,493.02
Sec. 4.01(vi) Seller Interest Collections 56,301.61
Seller Principal Collections 0.00
Sec. 4.01(xi) Accelerated Principal Distribution Amount 10.58
Accelerated Principal Distribution Amount Actually Distributed 10.58
Sec. 4.01(xiii) Amount Required to be Paid by Seller 0.00
Amount Required to be Paid by Servicer 0.00
Sec. 4.01(xiv) Servicing Fee 84,079.74
Accrued and Unpaid Servicing Fees 0.00
Sec. 4.01(xv) Liquidation Loss Amounts (Net of Charge Off Amounts) 0.00
Charge Off Amounts 0.00
Charge Off Amounts allocable to Investor Certificateholders 0.00
Sec. 4.01(xvi) Pool Balance as of end of preceding Collection Period 201,791,378.30
Pool Balance as of end of second preceding Collection Period 207,703,224.01
Sec. 4.01(xvii) Invested Amount 190,838,970.66
Sec. 4.01(xxi) Has a Rapid Amortization Event Occurred? NO
Sec. 4.01(xxii) Has an Event of Default Occurred? NO
Sec. 4.01(xxiii) Amount Distributed to Credit Enhancer per 5.01(a)(1) 10,227.19
Amount Distributed to Credit Enhancer per 5.01(a)(6) 0.00
Unreimbursed Amounts Due to Credit Enhancer 0.00
Sec. 4.01(xxiv) Guaranteed Principal Distribution Amount 0.00
Sec. 4.01(xxv) Credit Enhancement Draw Amount 0.00
</TABLE>
Page 2
<PAGE>
<TABLE>
<S> <C> <C>
Sec. 4.01(xxvi) Amount Distributed to Seller per 5.01(a)(10) 466,303.78
Sec. 4.01(xxvii) Maximum Rate 8.1474 %
Weighted Average Net Loan Rate 8.1474 %
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
May 17, 1999
Sec. 4.01(xxviii) Minimum Seller Interest 3,978,824.65
Sec. 4.01(xxix) Required Servicer Advance 0.00
Unreimbursed Required Servicer Advance 0.00
Required Servicer Advance Reimbursement 0.00
Sec. 4.01(xxx) Spread Account Requirement 3,337,215.54
Amount on deposit in the Spread Account 3,337,215.54
Spread Account Deposit 12,931.10
Spread Account Withdrawal 178,463.08
Delinquencies
Group 1
Period Number Principal Balance Percentage
31-60 days 61 1,816,045.31 0.91 %
61-90 days 14 287,594.34 0.14 %
91-120 days 5 220,044.99 0.11 %
121+ days 27 1,101,165.35 0.55 %
Total 107 3,424,849.99 1.71 %
Loans in Foreclosure
Group 1
Number Principal Balance Percentage
0 0.00 0.00 %
Loans in REO
Group 1
Number Principal Balance Percentage
0 0.00 0.00 %
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Page 3
<PAGE>
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
Statement to Certificateholders
March 15, 1999
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
ORIGINAL PRIOR REALIZED DEFERRED CURRENT
FACE PRINCIPAL PRINCIPAL
CLASS VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 357,735,172.00 182,378,880.31 697,599.22 4,676,829.11 5,374,428.33 0.00 0.00 177,702,051.20
A2 40,000,000.00 20,392,613.82 79,990.03 522,937.58 602,927.61 0.00 0.00 19,869,676.24
SI 8,117,044.50 8,106,307.19 56,322.77 0.00 56,322.77 0.87 0.00 8,106,306.32
R 0.00 0.00 647,632.38 0.00 647,632.38 0.00 0.00 0.00
TOTALS 405,852,216.50 210,877,801.32 1,481,544.40 5,199,766.69 6,681,311.09 0.87 0.00 205,678,033.76
</TABLE>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>
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>
A1 509.8153455 1.950044 13.073439 15.023483 496.7419060 A1 5.100000 %
A2 509.8153455 1.999751 13.073440 15.073190 496.7419060 A2 5.230000 %
SI 998.6771897 6.938827 0.000000 6.938827 998.6770825 SI 0.000000 %
TOTALS 519.5925826 3.650453 12.811971 16.462424 506.7806098
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE =
CONTACT THE ADMINISTRATOR LISTED BELOW:
Paulina Jacome
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7765
Email: [email protected]
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
March 15, 1999
<TABLE>
<S> <C> <C>
Sec. 4.01(i) Principal Collections received during the Collection Period 5,199,739.30
Interest Collections received during the Collection Period 1,568,706.67
Sec. 4.01(iii) Floating Allocation Percentage 96.194400 %
</TABLE>
Page 1
<PAGE>
<TABLE>
<S> <C> <C>
Fixed Allocation Percentage 98.000000 %
Sec. 4.01(iv) Investor Certificate Interest Collections 1,423,674.32
Sec. 4.01(v) Investor Certificate Principal Collections 8,095,226.40
Sec. 4.01(vi) Seller Interest Collections 56,322.77
Seller Principal Collections 0.00
Sec. 4.01(xi) Accelerated Principal Distribution Amount 5.29
Accelerated Principal Distribution Amount Actually Distributed 5.29
Sec. 4.01(xiii) Amount Required to be Paid by Seller 0.00
Amount Required to be Paid by Servicer 0.00
Sec. 4.01(xiv) Servicing Fee 88,709.58
Accrued and Unpaid Servicing Fees 0.00
Sec. 4.01(xv) Liquidation Loss Amounts (Net of Charge Off Amounts) 22.97
Charge Off Amounts 0.00
Charge Off Amounts allocable to Investor Certificateholders 0.00
Sec. 4.01(xvi) Pool Balance as of end of preceding Collection Period 212,902,986.28
Pool Balance as of end of second preceding Collection Period 219,218,132.90
Sec. 4.01(xvii) Invested Amount 199,600,983.15
Sec. 4.01(xix) Additional Balances created during the previous Collection Period 0.00
Sec. 4.01(xxi) Has a Rapid Amortization Event Occurred? NO
Sec. 4.01(xxii) Has an Event of Default Occurred? NO
Sec. 4.01(xxiii) Amount Distributed to Credit Enhancer per 5.01(a)(1) 10,701.80
Amount Distributed to Credit Enhancer per 5.01(a)(6) 0.00
Unreimbursed Amounts Due to Credit Enhancer 0.00
Sec. 4.01(xxiv) Guaranteed Principal Distribution Amount 0.00
Sec. 4.01(xxv) Credit Enhancement Draw Amount 0.00
</TABLE>
Page 2
<PAGE>
<TABLE>
<S> <C> <C>
Sec. 4.01(xxvi) Amount Distributed to Seller per 5.01(a)(10) 635,355.88
Sec. 4.01(xxvii) Maximum Rate 8.2405 %
Weighted Average Net Loan Rate 8.2405 %
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
March 15, 1999
Sec. 4.01(xxviii) Minimum Seller Interest 4,154,064.48
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
March 15, 1999
Sec. 4.01(xxix) Required Servicer Advance 0.00
Unreimbursed Required Servicer Advance 0.00
Required Servicer Advance Reimbursement 0.00
Sec. 4.01(xxx) Spread Account Requirement 3,538,981.41
Amount on deposit in the Spread Account 3,538,981.41
Spread Account Deposit 12,276.50
Spread Account Withdrawal 12,276.49
Delinquencies
Group 1
Period Number Principal Balance Percentage
31-60 days 60 2,024,391.85 0.97 %
61-90 days 11 388,558.32 0.19 %
91-120 days 2 38,657.75 0.02 %
121+ days 22 1,001,939.35 0.48 %
Total 95 3,453,547.27 1.66 %
Loans in Foreclosure
Group 1
Number Principal Balance Percentage
0 0.00 0.00 %
Loans in REO
Group 1
Number Principal Balance Percentage
0 0.00 0.00 %
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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