<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: May 15, 2000
THE CHASE MANHATTAN BANK
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(Originator of the Trust referred to herein)
(Exact name of registrant as specified in its charter)
CHASE MANHATTAN HOME EQUITY LOAN TRUST 1995-1
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(Issuer with respect to Certificates)
New York 33-93570 13-4994650
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
270 Park Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 270-6000
<PAGE>
Item 5. Other Events:
Chase Manhattan Home Equity Loan Trust 1995-1 is the issuer of a single
outstanding series of asset backed certificates. The asset backed certificates
are serviced in accordance with the Pooling and Servicing Agreement, dated as of
September 1, 1995, as amended. The parties to the Pooling and Servicing
Agreement are: The Chase Manhattan Bank, as seller and as servicer, and Norwest
Bank Minnesota, National Association, as trustee.
On May 15, 2000, Chase, as servicer, distributed monthly interest to the
holders of the certificates. Chase furnished a copy of the monthly statement to
certificateholders for the series as required by the Pooling and Servicing
Agreement. A copy of the Monthly Statement to Certificateholders is being filed
as Exhibit 20.1 to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibits Description
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20.1 Monthly Statement to Certificateholders
with respect to the May 15, 2000 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: May 24, 2000
The Chase Manhattan Bank,
as Servicer
By: Chase Manhattan Mortgage Corporation
By: /s/ Richard P. Dargan
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Name: Richard P. Dargan
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
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Exhibit No. Description
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20.1 Statement to Certificateholders dated May 15, 2000
delivered pursuant to Section 5.03 of the Pooling
and Servicing Agreement dated as of September 1,
1995.
Page 1
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
Statement to Certificateholders
May 15 2000
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 357,735,172.00 117,730,568.62 4,400,243.12 583,289.56 4,983,532.68 0.00 0.00 113,330,325.50
A2 40,000,000.00 13,163,991.44 492,011.24 65,220.26 557,231.50 0.00 0.00 12,671,980.20
R 0.00 0.00 0.00 410,524.10 410,524.10 0.00 0.00 0.00
TOTALS 397,735,172.00 130,894,560.06 4,892,254.36 1,059,033.92 5,951,288.28 0.00 0.00 126,002,305.70
SI 8,117,044.50 29,306,073.18 0.00 193,893.58 193,893.58 1.20 0.00 33,360,743.75
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A1 329.09978620 12.30028095 1.63050660 13.93078755 316.79950525 A1 6.370000 %
A2 329.09978600 12.30028100 1.63050650 13.93078750 316.79950500 A2 6.370000 %
TOTALS 329.09978618 12.30028095 2.66266097 14.96294192 316.79950522
SI 3,610.43643163 0.00000000 23.88721412 23.88721412 4,109.96191409 SI 0.000000 %
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Matthew Duncan
The Chase Manhattan Bank - Structured Finance Services
450 West 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8651
Fax: 212) 946-8302
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
May 15 2000
<TABLE>
<S> <C> <C>
Sec. 4.01(i) Principal Collections recieved during the Collection Period 4,992,079.95
Interest Collections recieved during the Collection Period 1,140,929.94
Additional Draw Amount 99,841.60
Sec. 4.01(iii) Floating Allocation Percentage 81.935393 %
Fixed Allocation Percentage 98.000000 %
Sec. 4.01(iv) Investor Certificate Interest Collections 879,440.51
Sec. 4.01(v) Investor Certificate Principal Collections 4,892,238.35
Sec. 4.01(vi) Seller Interest Collections 193,893.58
Seller Principal Collections 99,841.60
Sec. 4.01(xi) Accelerated Principal Distribution Amount 10.57
Accelerated Principal Distribution Amount Actually Distributed 10.57
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 67,595.84
Accrued and Unpaid Servicing Fees 0.00
Sec. 4.01(xv) Liquidation Loss Amounts (Net of Charge Off Amounts) 6.64
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 162,230,026.59
Pool Balance as of end of second preceding Collection Period 165,888,494.77
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
May 15 2000
<TABLE>
<S> <C> <C>
Sec. 4.01(xvii) Invested Amount 128,031,556.13
Sec. 4.01(xxi) Has a Rapid Amortization Event Ocurred? YES
Sec. 4.01(xxii) Has an Event of Default Ocurred? NO
Sec. 4.01(xxiii) Amount Distributed to Credit Enhancer per 5.01(a)(1) 6,825.13
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) 410,524.10
Sec. 4.01(xxvii) Maximum Rate 9.0592 %
Weighted Average Net Loan Rate 9.0592 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
May 15 2000
<TABLE>
<S> <C> <C>
Sec. 4.01(xxviii) Minimum Seller Interest 3,227,849.07
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 1,635,786.68
Amount on deposit in the Spread Account 1,635,786.68
Spread Account Deposit 8,675.05
Spread Account Withdrawal 186,434.55
<CAPTION>
Delinquencies
Group 1
Principal
Period Number Balance Percentage
<S> <C> <C> <C>
31-60 days 60 1,873,284.88 1.16 %
61-90 days 7 158,256.77 0.10 %
91-120 days 1 95,513.82 0.06 %
121+days 16 505,874.77 0.31 %
Total 84 2,632,930.24 1.63 %
<CAPTION>
Loans in Foreclosure
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
0 .00 0.00 %
Loans in REO
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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Page 5
Chase Manhattan Bank Revolving Home Equity Loan 1995-1
May 15 2000
Group 1
Principal
Number Balance Percentage
0 .00 0.00 %
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
