CHASE MANHATTAN RV OWNER TRUST 1997-A
MONTHLY SERVICER'S REPORT
Settlement Date 6/30/00
Determination Date 7/12/00
Distribution Date 7/17/00
I. All Payments on the Contracts 10,672,964.34
II. All Liquidation Proceeds on the Contracts with
respect to Principal 302,293.16
III. Repurchased Contracts 0.00
IV. Investment Earnings on Collection Account 0.00
V. Servicer Monthly Advances 220,293.61
VI. Distribution from the Reserve Account 0.00
VII. Deposits from the Pay-Ahead Account (including
Investment Earnings) 122,968.97
VIII. Transfers to the Pay-Ahead Account (126,978.76)
IX. Less: Investment Earnings distributions 0.00
(a) To Sellers with respect to the
Collection Account 0.00
(b) To Sellers with respect to the
Pay-Ahead Account
Total available amount in Collection Account $11,191,541.32
==========================
DISTRIBUTION AMOUNTS Cost per $1000
- -------------------------------------------- ---------------------
1. (a) Class A-1 Note Interest Distribution 0.00
(b) Class A-1 Note Principal Distribution 0.00
Aggregate Class A-1 Note Distribution 0.00000000 0.00
2. (a) Class A-2 Note Interest Distribution 0.00
(b) Class A-2 Note Principal Distribution 0.00
Aggregate Class A-2 Note Distribution 0.00000000 0.00
3. (a) Class A-3 Note Interest Distribution 0.00
(b) Class A-3 Note Principal Distribution 0.00
Aggregate Class A-3 Note Distribution 0.00000000 0.00
4. (a) Class A-4 Note Interest Distribution 0.00
(b) Class A-4 Note Principal Distribution 0.00
Aggregate Class A-4 Note Distribution 0.00000000 0.00
5. (a) Class A-5 Note Interest Distribution 0.00
(b) Class A-5 Note Principal Distribution 0.00
Aggregate Class A-5 Note Distribution 0.00000000 0.00
6. (a) Class A-6 Note Interest Distribution 203,187.31
(b) Class A-6 Note Principal Distribution 8,568,663.20
Aggregate Class A-6 Note Distribution 99.68011945 8,771,850.51
7. (a) Class A-7 Note Interest Distribution 291,650.00
(b) Class A-7 Note Principal Distribution 0.00
Aggregate Class A-7 Note Distribution 5.11666667 291,650.00
8. (a) Class A-8 Note Interest Distribution 441,291.67
(b) Class A-8 Note Principal Distribution 0.00
Aggregate Class A-8 Note Distribution 5.19166667 441,291.67
9. (a) Class A-9 Note Interest Distribution 321,266.67
(b) Class A-9 Note Principal Distribution 0.00
Aggregate Class A-9 Note Distribution 5.26666667 321,266.67
10. (a) Class A-10 Note Interest Distribution 345,041.67
(b) Class A-10 Note Principal Distribution 0.00
Aggregate Class A-10 Note Distribution 5.30833333 345,041.67
11. (a) Class B Certificate Interest Distribution 244,679.31
(b) Class B Certificate Principal Distribution 0.00
Aggregate Class B Certificate Distribution 5.45000000 244,679.31
12. Servicer Payment
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(a) Servicing Fee 146,946.23
(b) Reimbursement of prior Monthly Advances 316,269.04
Total Servicer Payment 463,215.27
13. Deposits to the Reserve Account 312,546.24
Total Distribution Amount $11,191,541.32
==========================
Reserve Account distributions:
- --------------------------------------------
(a) Amounts to the Sellers (Chase USA) from
Excess Collections 40,099.68
(b) Amounts to the Sellers (Chase Manhattan Bank)
from Excess Collections 272,446.56
(c) Distribution from the Reserve Account to the
Sellers(Chase USA) 6,029.36
(d) Distribution from the Reserve Account to the
Sellers(Chase Manhattan Bank) 40,964.91
Total Amounts to Sellers(Chase USA & Chase
Manhattan Bank) = $359,540.51
==========================
INTEREST
- --------------------------------------------
1. Current Interest Requirement
(a) Class A-1 Notes @ 5.598% 0.00
(b) Class A-2 Notes @ 5.852% 0.00
(c) Class A-3 Notes @ 5.919% 0.00
(d) Class A-4 Notes @ 6.020% 0.00
(e) Class A-5 Notes @ 6.050% 0.00
(f) Class A-6 Notes @ 6.130% 203,187.31
(g) Class A-7 Notes @ 6.140% 291,650.00
(h) Class A-8 Notes @ 6.230% 441,291.67
(i) Class A-9 Notes @ 6.320% 321,266.67
(j) Class A-10 Notes @ 6.370% 345,041.67
Aggregate Interest on Notes 1,602,437.31
(k) Class B Certificates @ 6.540% 244,679.31
2. Remaining Interest Shortfall
(a) Class A-1 Notes 0.00
(b) Class A-2 Notes 0.00
(c) Class A-3 Notes 0.00
(d) Class A-4 Notes 0.00
(e) Class A-5 Notes 0.00
(f) Class A-6 Notes 0.00
(g) Class A-7 Notes 0.00
(h) Class A-8 Notes 0.00
(i) Class A-9 Notes 0.00
(j) Class A-10 Notes 0.00
(k) Class B Certificates 0.00
3. Total Distribution of Interest Cost per $1000
--------------------
(a) Class A-1 Notes 0.00000000 0.00
(b) Class A-2 Notes 0.00000000 0.00
(c) Class A-3 Notes 0.00000000 0.00
(d) Class A-4 Notes 0.00000000 0.00
(e) Class A-5 Notes 0.00000000 0.00
(f) Class A-6 Notes 2.30894672 203,187.31
(g) Class A-7 Notes 5.11666667 291,650.00
(h) Class A-8 Notes 5.19166667 441,291.67
(i) Class A-9 Notes 5.26666667 321,266.67
(j) Class A-10 Notes 5.30833333 345,041.67
Total Aggregate Interest on Notes 1,602,437.31
(k) Class B Certificates 5.45000000 244,679.31
PRINCIPAL
- --------------------------------------------
No. of Contracts
-----------------------
1. Amount of Stated Principal Collected 3,336,919.57
2. Amount of Principal Prepayment Collected 284 4,610,233.38
3. Amount of Liquidated Contract 22 621,510.25
4. Amount of Repurchased Contract 0 0.00
Total Formula Principal Distribution Amount 8,568,663.20
5. Principal Balance before giving effect to Principal Distribution Pool Factor
-----------
(a) Class A-1 Notes 0.0000000 0.00
(b) Class A-2 Notes 0.0000000 0.00
(c) Class A-3 Notes 0.0000000 0.00
(d) Class A-4 Notes 0.0000000 0.00
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(e) Class A-5 Notes 0.0000000 0.00
(f) Class A-6 Notes 0.4519961 39,775,656.39
(g) Class A-7 Notes 1.0000000 57,000,000.00
(h) Class A-8 Notes 1.0000000 85,000,000.00
(i) Class A-9 Notes 1.0000000 61,000,000.00
(j) Class A-10 Notes 1.0000000 65,000,000.00
(k) Class B Certificates 1.0000000 44,895,285.54
6. Remaining Principal Shortfall
(a) Class A-1 Notes 0.00
(b) Class A-2 Notes 0.00
(c) Class A-3 Notes 0.00
(d) Class A-4 Notes 0.00
(e) Class A-5 Notes 0.00
(f) Class A-6 Notes 0.00
(g) Class A-7 Notes 0.00
(h) Class A-8 Notes 0.00
(i) Class A-9 Notes 0.00
(j) Class A-10 Notes 0.00
(k) Class B Certificates 0.00
Cost per $1000
7. Principal Distribution -----------------------
(a) Class A-1 Notes 0.00000000 0.00
(b) Class A-2 Notes 0.00000000 0.00
(c) Class A-3 Notes 0.00000000 0.00
(d) Class A-4 Notes 0.00000000 0.00
(e) Class A-5 Notes 0.00000000 0.00
(f) Class A-6 Notes 97.37117273 8,568,663.20
(g) Class A-7 Notes 0.00000000 0.00
(h) Class A-8 Notes 0.00000000 0.00
(i) Class A-9 Notes 0.00000000 0.00
(j) Class A-10 Notes 0.00000000 0.00
(k) Class B Certificates 0.00000000 0.00
8. Principal Balance after giving effect to Principal Distribution Pool Factor
-----------
(a) Class A-1 Notes 0.0000000 0.00
(b) Class A-2 Notes 0.0000000 0.00
(c) Class A-3 Notes 0.0000000 0.00
(d) Class A-4 Notes 0.0000000 0.00
(e) Class A-5 Notes 0.0000000 0.00
(f) Class A-6 Notes 0.3546249 31,206,993.19
(g) Class A-7 Notes 1.0000000 57,000,000.00
(h) Class A-8 Notes 1.0000000 85,000,000.00
(i) Class A-9 Notes 1.0000000 61,000,000.00
(j) Class A-10 Notes 1.0000000 65,000,000.00
(k) Class B Certificates 1.0000000 44,895,285.54
Aggregate
POOL DATA No. of Contracts Principal Balance
- -------------------------------------------- ---------------- ------------------
1. Pool Stated Principal Balance as of 6/30/00 12,964 344,102,278.73
2. Delinquency Information % Delinquent
------------
(a) 31-59 Days 100 2,328,997.87 0.677%
(b) 60-89 Days 34 850,312.94 0.247%
(c) 90-119 Days 34 752,715.77 0.219%
(d) 120 Days + 69 2,206,031.06 0.641%
3. Contracts Repossessed during the Due Period 19 760,185.10
4. Current Repossession Inventory 24 1,044,421.62
5. Aggregate Net Losses for the preceding Collection Period
(a) Aggregate Principal Balance of Liquidated Receivables 22 621,510.25
(b) Net Liquidation Proceeds on any Liquidated Receivables 302,293.16
--------------------
Total Aggregate Net Losses for the preceding Collection Period 319,217.09
6. Aggregate Losses on all Liquidated Receivables (Year-To-Date) 2,127,272.89
7. Aggregate Net Losses on all Liquidated Receivables (Life-To-Date) 736 11,001,674.14
8. Weighted Average Contract Rate of all Outstanding Contracts 9.226%
9. Weighted Average Remaining Term to Maturity of all Outstanding
Contracts 100.868
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TRIGGER ANALYSIS
- --------------------------------------------
1. (a) Average Delinquency Percentage 1.429%
(b) Delinquency Percentage Trigger in effect ? NO
2. (a) Average Net Loss Ratio 0.058%
(b) Net Loss Ratio Trigger in effect ? NO
(c) Net Loss Ratio (using ending Pool Balance) 0.094%
3. (a) Servicer Replacement Percentage 0.068%
(b) Servicer Replacement Trigger in effect ? NO
MISCELLANEOUS
- --------------------------------------------
1. Monthly Servicing Fees 146,946.23
2. Servicer Advances 220,293.61
3. (a) Opening Balance of the Reserve Account 8,973,952.86
(b) Deposits to the Reserve Account 312,546.24
(c) Investment Earnings in the Reserve Account 46,994.27
(d) Distribution from the Reserve Account (359,540.51)
(e) Ending Balance of the Reserve Account 8,973,952.86
4. Specified Reserve Account Balance 8,973,952.86
5. (a) Opening Balance in the Pay-Ahead Account 395,569.44
(b) Deposits to the Pay-Ahead Account from the Collection Account 126,978.76
(c) Investment Earnings in the Pay-Ahead Account 0.00
(d) Transfers from the Pay-Ahead Account to the Collection Account (122,968.97)
(e) Ending Balance in the Pay-Ahead Account 399,579.23
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