CHASE MANHATTAN RV OWNER TRUST 1997-A
MONTHLY SERVICER'S REPORT
Settlement Date 8/31/00
Determination Date 9/12/00
Distribution Date 9/15/00
I. All Payments on the Contracts 10,770,116.52
II. All Liquidation Proceeds on the Contracts with respect to Principal 273,075.01
III. Repurchased Contracts 0.00
IV. Investment Earnings on Collection Account 0.00
V. Servicer Monthly Advances 235,006.46
VI. Distribution from the Reserve Account 0.00
VII. Deposits from the Pay-Ahead Account (including Investment Earnings) 247,752.07
VIII. Transfers to the Pay-Ahead Account (129,703.68)
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 $11,396,246.38
==============
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 114,489.69
(b) Class A-6 Note Principal Distribution 8,865,095.01
Aggregate Class A-6 Note Distribution 102.04073525 8,979,584.70
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 139,711.51
(b) Reimbursement of prior Monthly Advances 266,646.62
Total Servicer Payment 406,358.13
13. Deposits to the Reserve Accoun 366,374.24
Total Distribution Amount $11,396,246.38
==============
Reserve Account distributions:
- ------------------------------
(a) Amounts to the Sellers (Chase USA) from Excess Collections 47,005.81
(b) Amounts to the Sellers (Chase Manhattan Bank) from Excess Collections 319,368.43
(c) Distribution from the Reserve Account to the Sellers(Chase USA) 6,330.61
(d) Distribution from the Reserve Account to the Sellers(Chase Manhattan Bank) 43,011.64
Total Amounts to Sellers(Chase USA & Chase Manhattan Bank) = $415,716.49
===========
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% 114,489.69
(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 1,513,739.69
(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 1.30101922 114,489.69
(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 1,513,739.69
(k) Class B Certificates 5.45000000 244,679.31
PRINCIPAL No. of Contracts
- -------------------------------- -----------------------
1. Amount of Stated Principal Collected 3,534,907.44
2. Amount of Principal Prepayment Collected 284 4,836,615.10
3. Amount of Liquidated Contract 17 493,572.47
4. Amount of Repurchased Contract 0 0.00
Total Formula Principal Distribution Amount 8,865,095.01
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 0.2546857 22,412,337.68
(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
7. Principal Distribution 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 100.73971602 8,865,095.01
(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 0.1539459 13,547,242.67
(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
POOL DATA Aggregate
- ---------------------------------------- No. of Contracts Principal Balance
---------------- -----------------
1. Pool Stated Principal Balance as of 8/31/00 12,390 326,442,528.21
2. Delinquency Information % Delinquent
-------------
(a) 31-59 Days 123 2,846,931.63 0.872%
(b) 60-89 Days 48 953,267.33 0.292%
(c) 90-119 Days 11 384,744.31 0.118%
(d) 120 Days + 70 2,005,571.15 0.614%
3. Contracts Repossessed during the Due Period 20 739,626.92
4. Current Repossession Inventory 35 1,448,087.15
5. Aggregate Net Losses for the preceding Collection Period
(a) Aggregate Principal Balance of Liquidated Receivables 17 493,572.47
(b) Net Liquidation Proceeds on any Liquidated Receivables 273,075.01
--------------
Total Aggregate Net Losses for the preceding Collection Period 220,497.46
6. Aggregate Losses on all Liquidated Receivables (Year-To-Date) 2,423,536.73
7. Aggregate Net Losses on all Liquidated Receivables (Life-To-Date) 760 11,269,046.76
8. Weighted Average Contract Rate of all Outstanding Contracts 9.223%
9. Weighted Average Remaining Term to Maturity of all Outstanding Contracts 99.421
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TRIGGER ANALYSIS
- ----------------------------------
1. (a) Average Delinquency Percentage 1.456%
(b) Delinquency Percentage Trigger in effect ? NO
2. (a) Average Net Loss Ratio 0.035%
(b) Net Loss Ratio Trigger in effect ? NO
(c) Net Loss Ratio (using ending Pool Balance) 0.058%
3. (a) Servicer Replacement Percentage 0.047%
(b) Servicer Replacement Trigger in effect ? NO
MISCELLANEOUS
- -------------------------------------
1. Monthly Servicing Fees 139,711.51
2. Servicer Advances 235,006.46
3. (a) Opening Balance of the Reserve Account 8,973,952.86
(b) Deposits to the Reserve Account 366,374.24
(c) Investment Earnings in the Reserve Account 49,342.25
(d) Distribution from the Reserve Account (415,716.49)
(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 531,816.13
(b) Deposits to the Pay-Ahead Account from the Collection Account 129,703.68
(c) Investment Earnings in the Pay-Ahead Account 0.00
(d) Transfers from the Pay-Ahead Account to the Collection Account (247,752.07)
(e) Ending Balance in the Pay-Ahead Account 413,767.74
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