-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RPumxqa4sBWT/T48w0bVZbQpwvzoltuIGQu5eaoTAmw3/XQ2EUaWSUSzVvCEq/QP ush++owTxGsoY0XZf0xKSQ== 0000889812-99-002867.txt : 20000211 0000889812-99-002867.hdr.sgml : 20000211 ACCESSION NUMBER: 0000889812-99-002867 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990915 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN BANK /NY/ CENTRAL INDEX KEY: 0000835271 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 134994650 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-22687 FILM NUMBER: 99720447 BUSINESS ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL BANK DATE OF NAME CHANGE: 19930521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN HOME EQUITY LOAN TRUST 1995-1 CENTRAL INDEX KEY: 0001036821 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 132633612 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-93570-02 FILM NUMBER: 99720448 BUSINESS ADDRESS: STREET 1: 270 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 270 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 8-K 1 CURRENT REPORT 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: September 15, 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 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 September 15, 1999, 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 ---------- --------------- 20.1 Monthly Statement to Certificateholders with respect to the September 15, 1999 distribution. 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: September 30, 1999 The Chase Manhattan Bank, as Servicer By: Chase Manhattan Mortgage Corporation By: /s/ Richard P. Dargan ------------------------ Name: Richard P. Dargan Title: Vice President INDEX TO EXHIBITS ----------------- Exhibit No. Description - ------------ -------------- 20.1 Statement to Certificateholders dated September 15, 1999 delivered pursuant to Section 5.03 of the Pooling and Servicing Agreement dated as of September 1, 1995. EX-20.1 2 STATEMENT TO CERTIFICATEHOLDERS Chase Manhattan Bank Revolving Home Equity Loan 1995-1 Statement to Certificateholders September 15, 1999
DISTRIBUTION IN DOLLARS ORIGINAL PRIOR CURRENT FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE A1 357,735,172.00 157,120,164.45 2,680,530.98 721,279.75 3,401,810.73 0.00 0.00 154,439,633.47 A2 40,000,000.00 17,568,321.68 299,722.39 81,107.09 380,829.48 0.00 0.00 17,268,599.29 SI 8,117,044.50 8,099,457.82 0.00 57,460.91 57,460.91 43.68 0.00 8,099,414.14 R 0.00 0.00 0.00 598,911.29 598,911.29 0.00 0.00 0.00 TOTALS 405,852,216.50 182,787,943.95 2,980,253.37 1,458,759.04 4,439,012.41 43.68 0.00 179,807,646.90
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 A1 439.20804200 7.49305964 2.01623940 9.50929905 431.71498236 A1 5.508750 % A2 439.20804200 7.49305975 2.02767725 9.52073700 431.71498225 A2 5.540000 % SI 997.83336410 0.00000000 7.07904336 7.07904336 997.82798283 SI 0.000000 % TOTALS 450.38054868 7.34319846 3.59431089 10.93750934 443.03724260
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Mina Sharaf The Chase Manhattan Bank - Structured Finance Services 450 W. 33rd Street, 14th Floor, New York, New York 10001 Tel: (212) 946-7765 Email: mina.sharaf@chase.com [Image] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1 September 15, 1999 Sec. 4.01(i) Principal Collections recieved during the Collection Period 2,979,289.71 Interest Collections recieved during the Collection Period 1,388,167.89 Additional Draw Amount 3,907,502.63 Sec. 4.01(iii) Floating Allocation Percentage 95.617554 % Fixed Allocation Percentage 98.000000 % Sec. 4.01(iv) Investor Certificate Interest Collections 1,253,699.79 Sec. 4.01(v) Investor Certificate Principal Collections 6,749,056.49
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Sec. 4.01(vi) Seller Interest Collections 57,460.91 Seller Principal Collections 0.00 Sec. 4.01(xi) Accelerated Principal Distribution Amount 10.59 Accelerated Principal Distribution Amount Actually Distributed 10.59 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 77,007.19 Accrued and Unpaid Servicing Fees 0.00 Sec. 4.01(xv) Liquidation Loss Amounts (Net of Charge Off Amounts) 996.75 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 184,817,252.57 Pool Balance as of end of second preceding Collection Period 189,948,365.75 Sec. 4.01(xvii) Invested Amount 173,737,483.18 Sec. 4.01(xxi) Has a Rapid Amortization Event Ocurred? NO 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) 9,300.91 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) 441,048.38 Sec. 4.01(xxvii) Maximum Rate 8.2114 % Weighted Average Net Loan Rate 8.2114 %
[Image] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
Chase Manhattan Bank Revolving Home Equity Loan 1995-1 September 15, 1999 Sec. 4.01(xxviii) Minimum Seller Interest 3,636,739.32 Sec. 4.01(xxix) Required Servicer Advance 0.00 Unreimbursed Required Servicer Advance 0.00
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Required Servicer Advance Reimbursement 0.00 Sec. 4.01(xxx) Spread Account Requirement 2,862,016.61 Amount on deposit in the Spread Account 2,862,016.61 Spread Account Deposit 14,191.44 Spread Account Withdrawal 157,862.91 Delinquencies
Group 1 Period Number Principal Balance Percentage 31-60 days 57 1,724,235.83 0.95 % 61-90 days 16 496,363.32 0.27 % 91-120 days 9 162,217.36 0.09 % 121+ days 21 728,273.64 0.40 % Total 103 3,111,090.15 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] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION Page 3 -----END PRIVACY-ENHANCED MESSAGE-----