CHASE
450 West 33rd Street
New York, NY 10001


FLEETWOOD CREDIT RECEIVABLES CORP.                                    
FLEETWOOD CREDIT 1997-B GRANTOR TRUST                                 
$337,750,000 6.40% ASSET BACKED CERTIFICATES, CLASS A                      
$ 12,250,000 6.65% ASSET BACKED CERTIFICATES, CLASS B
                               

On December 15, 1997, interest earned and principal paid on the underlying
collateral for the month of November, 1997 were paid to you by The Chase 
Manhattan Bank, in its capacity as Trustee for the above referenced issue.  
The following information is being provided pursuant to section 14.11 of the
Pooling and Servicing Agreement Dated as of September 1, 1997.  The payment 
per $1,000 of original issuance of your holdings is allocated as follows:
                                   



                                                        CLASS A        CLASS B
                                                               
1)    Principal Distributed                               16.729307        16.729307

2)    Interest Distributed                                 5.126713         5.326976

3)    Fees Paid to Servicer                              270,554.27         9,812.85
       Per Certificate                                    0.0008010        0.0008010
4)    a)  Pool Balance after this payment            319,014,796.18    11,570,484.84
      b)  Pool Factor                                     0.9445294        0.9445294

5)    Proceeds received during the period 
      from physical damage insurance                                            0.00

6)    Reserve Fund Ending Balance                                       4,733,009.60
             % of Pool Balance                                                 1.43%

7)    Servicer Letter of Credit Amount                                           N/A
              % of Pool Balance                                                  N/A

8)    Proceeds received during the period from                                    
      dealer repurchase obligations relating to                            
      defaulted receivables                                                     0.00

9)    a)    Aggregate amount of Paid-Ahead Receivables                           N/A
      b)    Aggregate amount of unreimbursed Advances                                
            with respect to Paid-Ahead Receivables                               N/A
      c)    Change from Previous Month                                           N/A

10)    Aggregate unreimbursed Advances                                               
       Prior Month                                                      1,623,403.30
       Change from Previous Month                                          52,100.93
       This Month                                                       1,675,504.23

11)    Ending Certificate Balance                    319,014,796.18    11,570,484.84

12)    Class A Principal Carryover Shortfall                                    0.00
            Change from preceding period                                        0.00
       Class A Interest Carryover Shortfall                                     0.00
            Change from preceding period                                        0.00

       Class B Principal Carryover Shortfall                                    0.00
            Change from preceding period                                        0.00