CHASE MANHATTAN RV OWNER TRUST 1997-A
MONTHLY SERVICER'S REPORT
Settlement Date 11/30/00
Determination Date 12/12/00
Distribution Date 12/15/00
I. All Payments on the Contracts 7,996,431.34
II. All Liquidation Proceeds on the Contracts with respect to Principal 306,322.81
III. Repurchased Contracts 0.00
IV. Investment Earnings on Collection Account 0.00
V. Servicer Monthly Advances 269,542.18
VI. Distribution from the Reserve Account 0.00
VII. Deposits from the Pay-Ahead Account (including Investment Earnings) 151,155.21
VIII. Transfers to the Pay-Ahead Account (118,514.64)
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 $8,604,936.90
==============
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 0.00
(b) Class A-6 Note Principal Distribution 0.00
Aggregate Class A-6 Note Distribution 0.00000000 0.00
7. (a) Class A-7 Note Interest Distribution 284,422.42
(b) Class A-7 Note Principal Distribution 6,391,010.00
Aggregate Class A-7 Note Distribution 117.11284943 6,675,432.42
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
Page 1 of 4
12. Servicer Payment
(a) Servicing Fee 129,784.47
(b) Reimbursement of prior Monthly Advances 173,781.35
Total Servicer Payment 303,565.82
13. Deposits to the Reserve Account 273,659.36
Total Distribution Amount $8,604,936.90
==============
Reserve Account distributions:
- --------------------------------------------
(a) Amounts to the Sellers (Chase USA) from Excess Collections 35,110.50
(b) Amounts to the Sellers (Chase Manhattan Bank) from Excess
Collections 238,548.86
(c) Distribution from the Reserve Account to the Sellers
(Chase USA) 6,098.22
(d) Distribution from the Reserve Account to the Sellers
(Chase Manhattan Bank) 41,432.69
Total Amounts to Sellers
(Chase USA & Chase Manhattan Bank) = $321,190.27
=============
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% 0.00
(g) Class A-7 Notes @ 6.140% 284,422.42
(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 1,392,022.42
(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 0.00000000 0.00
(g) Class A-7 Notes 4.98986697 284,422.42
(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 1,392,022.42
(k) Class B Certificates 5.45000000 244,679.31
PRINCIPAL
- -------------------------------------------- No. of Contracts
----------------
1. Amount of Stated Principal Collected 2,987,506.82
2. Amount of Principal Prepayment Collected 188 2,788,910.62
3. Amount of Liquidated Contract 19 614,592.56
4. Amount of Repurchased Contract 0 0.00
Total Formula Principal Distribution Amount 6,391,010.00
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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
(e) Class A-5 Notes 0.0000000 0.00
(f) Class A-6 Notes 0.0000000 0.00
(g) Class A-7 Notes 0.9752183 55,587,443.14
(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 0.00000000 0.00
(g) Class A-7 Notes 112.12298246 6,391,010.00
(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 0.0000000 0.00
(g) Class A-7 Notes 0.8630953 49,196,433.14
(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 11/30/00 11,665 305,091,718.68
2. Delinquency Information % Delinquent
------------
(a) 31-59 Days 126 2,861,245.40 0.938%
(b) 60-89 Days 46 1,264,590.03 0.414%
(c) 90-119 Days 18 460,768.20 0.151%
(d) 120 Days + 78 2,153,778.61 0.706%
3. Contracts Repossessed during the Due Period 5 221,727.13
4. Current Repossession Inventory 21 1,014,180.58
5. Aggregate Net Losses for the preceding Collection Period
(a) Aggregate Principal Balance of Liquidated Receivables 19 614,592.56
(b) Net Liquidation Proceeds on any Liquidated Receivables 306,322.81
-----------------
Total Aggregate Net Losses for the preceding Collection Period 308,269.75
Page 3 of 4
6. Aggregate Losses on all Liquidated Receivables (Year-To-Date) 3,407,029.39
7. Aggregate Net Losses on all Liquidated Receivables (Life-To-Date) 821 12,209,559.39
8. Weighted Average Contract Rate of all Outstanding Contracts 9.212%
9. Weighted Average Remaining Term to Maturity of all Outstanding Contracts 97.137
TRIGGER ANALYSIS
- --------------------------------------------
1. (a) Average Delinquency Percentage 1.529%
(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) 0.100%
3. (a) Servicer Replacement Percentage 0.066%
(b) Servicer Replacement Trigger in effect ? NO
MISCELLANEOUS
- --------------------------------------------
1. Monthly Servicing Fees 129,784.47
2. Servicer Advances 269,542.18
3. (a) Opening Balance of the Reserve Account 8,973,952.86
(b) Deposits to the Reserve Account 273,659.36
(c) Investment Earnings in the Reserve Account 47,530.91
(d) Distribution from the Reserve Account (321,190.27)
(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 408,402.14
(b) Deposits to the Pay-Ahead Account from the Collection Account 118,514.64
(c) Investment Earnings in the Pay-Ahead Account 0.00
(d) Transfers from the Pay-Ahead Account to the Collection Account (151,155.21)
(e) Ending Balance in the Pay-Ahead Account 375,761.57
Page 4 of 4