MONEY STORE D C INC
8-K, 1998-08-20
ASSET-BACKED SECURITIES
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                       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 (date of earliest event reported) August 20, 1998

               The Originators listed below under a Pooling and Servicing
               Agreement, dated as of July 31, 1998, providing for the issuance
               of The Money Store Trust Asset-Backed Certificates, Series
               1998-B.


                                TMS Mortgage Inc.
                            The Money Store/D.C. Inc.
                         The Money Store/Minnesota Inc.
                        The Money Store Home Equity Corp.
                          The Money Store/Kentucky Inc.
              Exact name of registrant as specified in its charter)

      *                        333-32775                           *
(State or other             (Commission File                 (IRS Employer ID
jurisdiction of                 Number)                           Number)
incorporation)
                                *--See Schedule A


707 Third Street, West Sacramento, California          95605
(Address of principal executive offices)             (Zip Code)


Registrants' Telephone Number,
 including area code:                             (916) 617-1000


                                       N/A
          (Former name or former address, if changed since last report)
<PAGE>
                                    SCHEDULE


                                                                     IRS
                                               State               Employer
                                                 of             Identification
           REGISTRANT                      INCORPORATION            NUMBER

TMS Mortgage Inc.                            New Jersey           22-3217781
The Money Store/D.C. Inc.                       D.C.              22-2133027
The Money Store/Minnesota Inc.               Minnesota            22-3003495
The Money Store Home Equity                   Kentucky            22-2522232
Corp.
The Money Store/Kentucky Inc.                 Kentucky            22-2459832
<PAGE>
Item 7.    Financial Statements, Pro Forma Financial
           Information and Exhibits.

    (c)  Exhibits

Exhibit No.

23.1    Consent of PricewaterhouseCoopers LLP
<PAGE>
                                   SIGNATURES



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


                                TMS MORTGAGE INC.
                                THE MONEY STORE/D.C. INC.
                                THE MONEY STORE/MINNESOTA INC.
                                THE MONEY STORE HOME EQUITY CORP.
                                THE MONEY STORE/KENTUCKY INC.


                                By: /s/ Michael H. Benoff
                                Name: Michael H. Benoff
                                Title: Senior Vice President

Dated: August 20, 1998
<PAGE>
                                  EXHIBIT INDEX

EXHIBIT

23.1      Consent of PricewaterhouseCoopers LLP

                                                                    EXHIBIT 23.1

                   [Letterhead of PricewaterhouseCoopers LLP]

                       CONSENT OF INDEPENDENT ACCOUNTANTS

We consent to the incorporation by reference in the Prospectus Supplement of The
Money Store Trust 1998-B, of our report dated February 3, 1998, on our audits of
the consolidated financial statements of MBIA Insurance Corporation and
Subsidiaries as of December 31, 1997 and 1996 and for each of the three years in
the period ended December 31, 1997. We also consent to the reference to our firm
under the caption "Experts".



                                            /s/ PricewaterhouseCoopers LLP
                                            PricewaterhouseCoopers LLP


New York, New York
August 17, 1998


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