<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: August 2, 1996
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)
DELAWARE 33-93570 13-2633612
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
270 Park Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip code)
(212) 270-6000
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(Registrant's telephone number, including area code)
<PAGE> 2
Item 5. Other Events
On July 15, 1996, 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.
A copy of the Certificateholder Report for such Distribution Date delivered
pursuant to section 5.03 of the Pooling and Servicing Agreement is being filed
as an exhibit to this Current Report on Form 8-K.
Item 7(c). Exhibits.
Exhibit No. Description
- ----------- -----------
20.1 Certificateholder Report for the month of June, 1996
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Bank has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
THE CHASE MANHATTAN BANK
By: /s/ William J. Murray
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Name: William J. Murray
Title: Vice President
Date: August 2, 1996
<PAGE> 4
INDEX TO EXHIBITS
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Exhibit Description Page
- ------- ----------- ------------
20.1 Certificateholder Report dated 5
July 15, 1996 delivered pursuant
to Section 5.03 of the Pooling
and Servicing Agreement as of
September 1, 1995.
<PAGE> 1
CHASE MANHATTAN HOME EQUITY LOAN TRUST 1995-1
MONTHLY CERTIFICATE HOLDERS REPORT
---------------------
Due Period : 10 Beginning Date : 06/01/1996 End Date : 06/30/1996
Determination Date : 07/10/1996 Remittance Date : 07/15/1996
CHASE HOME EQUITY LOAN TRUST, Series 1995-1
I. Floating Allocation Percentage
<TABLE>
<S> <C>
Beginning % 97.723087729342%
Ending % 97.694274749798%
</TABLE>
II. Cash Received
<TABLE>
<CAPTION>
SERVICER The Chase Manhattan Bank, N.A.
<S> <C>
Interest Collected 2,553,871.50
Principal Collected 13,235,558.82
Additional Draw 8,781,337.42
</TABLE>
III. Pool Balance
<TABLE>
<S> <C> <C>
Beginning Balance 356,443,898.37 356,443,898.37
Principal Payments 13,472,485.73 13,472,485.73
Prin Pay Rev 236,926.91 236,926.91
Advances 8,781,337.42 8,781,337.42
Advance Rev 0.00 0.00
Liquidation Loss 0.00 0.00
Ending Balance 351,989,676.97 351,989,676.97
</TABLE>
IV. Interest to Certificateholders
<TABLE>
<CAPTION>
TRANCH Beg. Balance Rate Schduled Int Int Shrtfall Disbrsed Int
<S> <C> <C> <C> <C> <C>
A-1 311,471,656.97 5.73609000% $ 1,389,600.69 $ 0.00 $ 1,389,600.69
A-2 34,827,065.54 5.72000000% $ 154,941.74 $ 0.00 $ 154,941.74
TOTAL 346,298,722.51 $ 1,544,542.43 $ 0.00 $ 1,544,542.43
SI 8,115,914.86 0.00000000% $ 54,699.48 $ 0.00 $ 54,699.48
TOTAL 8,115,914.86 $ 54,699.48 $ 0.00 $ 54,699.48
</TABLE>
<PAGE> 2
V. Principal to Certificateholders
<TABLE>
<CAPTION>
TRANCH Beg. Balance Scheduled Principal Recovered Loss Ending Principal Cert. Factor
<S> <C> <C> <C> <C> <C>
A-1 311,471,656.97 4,006,262.89 0.00 307,465,394.08 0.8594777
A-2 34,827,065.54 447,958.51 0.00 34,379,107.03 0.8594777
TOTAL 346,298,722.51 4,454,221.40 0.00 341,844,501.11
SI 8,115,914.86 0.00 68.31 8,115,914.86 0.9998608
TOTAL 8,115,914.86 0.00 68.31 8,115,914.86
</TABLE>
VI. Overdue Interest
<TABLE>
<CAPTION>
GROUP Overdue Interest Int. On Overdue Remaining Overdue
<S> <C> <C> <C>
MORTGAGE GROUP ONE 0.00 0.00 0.00
</TABLE>
VII. Invested Amount
<TABLE>
<CAPTION>
GROUP Invested Amount
<S> <C>
MORTGAGE GROUP ONE 343,873,762.11
</TABLE>
VIII. Liquidation Loss
<TABLE>
<S> <C>
Liquidation Loss Amount 0.00
Loss Investor Cert. 0.00
Reimbursed Amount 0.00
Unreimbursed Amount 0.00
</TABLE>
IX. Loss Recovery
Total Amount 3,000.00
X. Servicing Fee
<TABLE>
<CAPTION>
SERVICER The Chase Manhattan Bank, N.A.
<S> <C>
Beginning Balance 356,443,898.37
Rate 0.5000%
Servicing Fee 148,518.29
</TABLE>
XI. Single Certificate Principal Distribution
<TABLE>
TRANCH Orig. Balance Sched. Principal Certificate Value Pr.Dist / Cert.
<S> <C> <C> <C> <C>
A-1 357,735,172.00 4,006,262.89 1,000.00 $ 11.1989628182
A-2 40,000,000.00 447,958.51 1,000.00 $ 11.1989627500
TOTAL 397,735,172.00 4,454,221.40
SI 8,117,044.57 0.00 1,000.00 0.0000000000
TOTAL 8,117,044.57 0.00
</TABLE>
<PAGE> 3
XII. Single Certificate Interest Distribution
<TABLE>
<CAPTION>
TRANCH Orig. Balance Sched. Interest Certificate Value Int.Dist / Cert.
<S> <C> <C> <C> <C>
A-1 357,735,172.00 1,389,600.69 1,000.00 $ 3.8844396603
A-2 40,000,000.00 154,941.74 1,000.00 $ 3.8735435000
TOTAL 397,735,172.00 1,544,542.43
SI 8,117,044.57 54,699.48 1,000.00 $ 6.7388418935
TOTAL 8,117,044.57 54,699.48
</TABLE>
XIII. Insured Payment
<TABLE>
<CAPTION>
GROUP Amount
<S> <C>
MORTGAGE GROUP ONE 0.00
</TABLE>
XIV. Transfer Deposit Amount
<TABLE>
<CAPTION>
GROUP Amount
<S> <C>
MORTGAGE GROUP ONE 0.00
</TABLE>
XV. Delinquency Information for Due Period
<TABLE>
<CAPTION>
PERIOD Number of Principal Balance
<S> <C> <C>
30 DAYS 67 1,965,320.71
60 DAYS 14 570,022.81
90 DAYS 8 327,434.24
120+ DAYS 8 317,298.23
TOTAL 97 3,180,075.99
FORECLOSR 0 0.00
TOTAL 0 0.00
REO 0 0.00
TOTAL 0 0.00
</TABLE>
XVI. Book Value REO Property
<TABLE>
<CAPTION>
GROUP Value
<S> <C>
MORTGAGE GROUP ONE 0.00
</TABLE>
XVII. Servicer Advance
<TABLE>
<CAPTION>
SERVICER The Chase Manhattan Bank, N.A.
<S> <C>
Required Advances 0.00
Nonrecoverable Advances 0.00
</TABLE>
