CHASE MANHATTAN BANK USA
8-K, 2000-01-28
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: January 18, 2000


                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
   ---------------------------------------------------------------------------
                  (Originator of the Trust referred to herein)
           (Exact name of the registrant as specified in its charter)


                    CHASE MANHATTAN AUTO GRANTOR TRUST 1996-B
   --------------------------------------------------------------------------
                      (Issue with respect to Certificates)


      United States                  333-7575               22-2382028
- ----------------------------      ----------------    --------------------------
(State or other jurisdiction      (Commission         (IRS Employer
of incorporation)                 File Number)        Identification No.)

               802 Delaware Avenue, Wilmington, Delaware    19801
               -----------------------------------------    ----------
               (Address of principal executive offices)     (Zip Code)

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

Item 5. Other Events:

      Chase Manhattan Auto Grantor Trust 1996-B is the issuer of two classes of
Automobile Loan Pass-Through Certificates. The certificates are serviced in
accordance with the Pooling and Servicing Agreement, dated as of September 1,
1996, as amended. The parties to the Pooling and Servicing Agreement are: Chase
Manhattan Bank USA, National Association, as seller and as servicer, and Norwest
Bank Minnesota, National Association, as trustee.

      On January 18, 2000, Chase, as servicer, distributed monthly interest to
the holders of the Series 1996-B certificates. Chase furnished a copy of the
monthly certificateholders' report for the series as required by the Pooling and
Servicing Agreement. A copy of the monthly certificateholders' report is being
filed as Exhibit 20.1 to this Current Report on Form 8-K.

Item 7(c). Exhibit

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

            20.1              Monthly Certificateholder's statements with
                              respect to the January 18, 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:  January 28, 2000


                                    By: THE CHASE MANHATTAN BANK,
                                    USA, NATIONAL ASSOCIATION
                                    as Servicer


                                    By: /s/ Patricia Garvey
                                    ----------------------------
                                    Name:  Patricia Garvey
                                    Title: Vice President
<PAGE>

                        INDEX TO EXHIBITS

Exhibit No.             Description
- -----------             -----------
20.1                    Certificateholder Report dated 1/18/2000 delivered
                        pursuant to Section 5.7 of the Pooling and Servicing
                        Agreement dated as of September 1, 1996.


<PAGE>
                                                                          Page 1


Chase Manhattan Auto Grantor Trust 1996-B

                                 Statement to Certificateholders
                                 January 18 2000

<TABLE>
<CAPTION>

    DISTRIBUTION IN DOLLARS

             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>
A         1,478,422,107.71   214,747,402.03    17,120,246.64    1,182,900.27    18,303,146.91     0.00       0.00    197,627,155.39
B            45,725,000.00     6,641,760.08       529,499.17       37,415.25       566,914.42     0.00       0.00      6,112,260.91
TOTALS    1,524,147,107.71   221,389,162.11   17,649,745.810    1,220,315.52    18,870,061.33     0.00       0.00    203,739,416.30
</TABLE>

<TABLE>
<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>
A              145.25445805      11.58008024      .80010997   12.38019021   133.67437781       A               6.610000 %
B              145.25445774      11.58008026      .81826681   12.39834707   133.67437747       B               6.760000 %
TOTALS         145.25445804      11.58008024      .80065468   12.38073493   133.67437780
</TABLE>

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

Mark  McDermott
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7016
Email: [email protected]

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 2


Chase Manhattan Auto Grantor Trust 1996-B

                                 January 18 2000
                         STATEMENT TO CERTIFICATEHOLDERS

                                Due Period                                    40
                                Due Period Beg Date                     12/01/99
                                Due Period End Date                     12/31/99
                                Determination Date                      01/10/00

<TABLE>
<S>                                                                                                                     <C>
Section 5.8(iii)  Servicing Fee
Section 5.8(iii)  Servicing Fee per $1000

Section 5.8(v) Pool Balance at the end of the Collection Period

Section 5.8(vi)  Net Losses for Collection Period

Section 5.8(vii)  Carryover Shortfall for Collection Period
                            Class A Interest                                                                                   0.00
                            Class B Interest                                                                                   0.00
                            Class A Principal                                                                                  0.00
                            Class B Principal                                                                                  0.00
                            TOTAL                                                                                              0.00

Section 5.8(viii)  Reserve Account Balance after Disbursement

Section 5.8(ix)  Specified Reserve Account Balance

Section 5.8(x) Repurchase Amounts for Repurchased Receivables
                            By Seller                                                                                          0.00
                            By Servicer                                                                                  376,507.04
                            TOTAL                                                                                        376,507.04
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 3


Chase Manhattan Auto Grantor Trust 1996-B

                                 January 18 2000

<TABLE>
<S>                                                                                                                    <C>
Section 5.8(xi)  Advance Summary for Collection Period
                            Unreimbursed Advances for Previous Period                                                  4,084,748.70
                            Unreimbursed Advances for Period                                                           4,083,313.71
                            Change From Previous Periods                                                                  -1,434.99

                            Reimbursed advance from collections                                                          284,607.00
                            Reimbursed advance from liquidation proceeds                                                  12,116.17
                            Reimbursed advance from reserve account withdrawals                                                0.00
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION



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