CHASE MANHATTAN RV OWNER TRUST 1997-A
MONTHLY SERVICER'S REPORT
Settlement Date 12/31/00
Determination Date 1/10/01
Distribution Date 1/16/01
I. All Payments on the Contracts 6,749,800.18
II. All Liquidation Proceeds on the Contracts with respect to Principal 146,900.94
III. Repurchased Contracts 0.00
IV. Investment Earnings on Collection Account 0.00
V. Servicer Monthly Advances 251,900.15
VI. Distribution from the Reserve Account 0.00
VII. Deposits from the Pay-Ahead Account (including Investment Earnings) 150,501.13
VIII. Transfers to the Pay-Ahead Account (81,525.50)
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 $7,217,576.90
================
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 251,721.75
(b) Class A-7 Note Principal Distribution 4,896,437.87
Aggregate Class A-7 Note Distribution 90.31858982 5,148,159.62
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
(a) Servicing Fee 127,121.55
(b) Reimbursement of prior Monthly Advances 189,980.66
Total Servicer Payment 317,102.21
13. Deposits to the Reserve Account 400,035.76
Total Distribution Amount $7,217,576.90
================
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Reserve Account distributions:
- --------------------------------------------
(a) Amounts to the Sellers (Chase USA) from Excess Collections 51,324.59
(b) Amounts to the Sellers (Chase Manhattan Bank) from Excess Collections 348,711.17
(c) Distribution from the Reserve Account to the Sellers(Chase USA) 6,333.83
(d) Distribution from the Reserve Account to the Sellers(Chase Manhattan Bank) 43,033.52
Total Amounts to Sellers(Chase USA & Chase Manhattan Bank) = $449,403.11
================
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% 251,721.75
(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 1,359,321.75
(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 4.41617105 251,721.75
(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 1,359,321.75
(k) Class B Certificates 5.45000000 244,679.31
PRINCIPAL No. of Contracts
- -------------------------------------------- ------------------
1. Amount of Stated Principal Collected 2,821,844.72
2. Amount of Principal Prepayment Collected 144 1,751,996.95
3. Amount of Liquidated Contract 8 322,596.20
4. Amount of Repurchased Contract 0 0.00
Total Formula Principal Distribution Amount 4,896,437.87
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 0.8630953 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
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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 85.90241877 4,896,437.87
(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 0.7771929 44,299,995.27
(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 12/31/00 11,513 300,195,280.81
2. Delinquency Information % Delinquent
------------
(a) 31-59 Days 131 2,774,526.00 0.924%
(b) 60-89 Days 43 1,077,341.63 0.359%
(c) 90-119 Days 29 935,082.97 0.311%
(d) 120 Days + 74 2,153,518.60 0.717%
3. Contracts Repossessed during the Due Period 10 270,128.01
4. Current Repossession Inventory 26 996,708.90
5. Aggregate Net Losses for the preceding Collection Period
(a) Aggregate Principal Balance of Liquidated Receivables 8 322,596.20
(b) Net Liquidation Proceeds on any Liquidated Receivables 146,900.94
--------------
Total Aggregate Net Losses for the preceding Collection Period 175,695.26
6. Aggregate Losses on all Liquidated Receivables (Year-To-Date) 3,599,409.90
7. Aggregate Net Losses on all Liquidated Receivables (Life-To-Date) 829 12,385,254.65
8. Weighted Average Contract Rate of all Outstanding Contracts 9.210%
9. Weighted Average Remaining Term to Maturity of all Outstanding Contracts 96.433
TRIGGER ANALYSIS
- --------------------------------------------
1. (a) Average Delinquency Percentage 1.614%
(b) Delinquency Percentage Trigger in effect ? NO
2. (a) Average Net Loss Ratio 0.041%
(b) Net Loss Ratio Trigger in effect ? NO
(c) Net Loss Ratio (using ending Pool Balance) 0.073%
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3. (a) Servicer Replacement Percentage 0.051%
(b) Servicer Replacement Trigger in effect ? NO
MISCELLANEOUS
- --------------------------------------------
1. Monthly Servicing Fees 127,121.55
2. Servicer Advances 251,900.15
3. (a) Opening Balance of the Reserve Account 8,973,952.86
(b) Deposits to the Reserve Account 400,035.76
(c) Investment Earnings in the Reserve Account 49,367.35
(d) Distribution from the Reserve Account (449,403.11)
(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 375,761.57
(b) Deposits to the Pay-Ahead Account from the Collection Account 81,525.50
(c) Investment Earnings in the Pay-Ahead Account 0.00
(d) Transfers from the Pay-Ahead Account to the Collection Account (150,501.13)
(e) Ending Balance in the Pay-Ahead Account 306,785.94
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