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Creation Date :  Wed Aug 12, 1998  05:29 PM       CMHE 1995-1       PAGE No. 001
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period:  35
Beginning Date     :  07/01/1998  End Date           :  07/31/1998
Determination Date :  08/12/1998  Remittance Date    :  08/17/1998
 
 
                       CHASE HOME EQUITY LOAN TRUST, Series 1995-1 

     I. Floating Allocation Percentage

Beginning %   96.755169098143%        
Ending %      96.661042880193%        

    II. Cash Received

SERVICER            Chase Manhattan Bank, N.A.        
Interest Collected                2,076,634.42        
Principal Collected              11,440,142.83        
Additional Draw                   4,396,853.28        

   III. Pool Balance

Beginning Balance      249,913,253.58     249,913,253.58       
Principal Payments      12,544,932.42      12,544,932.42       
Prin Pay Rev             1,104,789.59       1,104,789.59       
Advances                 5,199,663.73       5,199,663.73       
Advance Rev                802,810.45         802,810.45       
Liquidation Loss            65,315.18          65,315.18       
Ending Balance         242,804,648.85     242,804,648.85       

IV. Interest to Certificateholders

          TRANCH       Beg. Balance       Rate   Schduled Int   Int Shrtfall   Disbrsed Int  
         <S>        <C>             <C>         <C>            <C>           <C>  
             A-1     215,660,721.89   .89630000% $ 1,165,633.62    $ 0.00     $ 1,165,633.62 
             A-2      24,114,008.21  5.87000000%   $ 129,753.46    $ 0.00     $ 129,753.46 
           TOTAL     239,774,730.10              $ 1,295,387.08    $ 0.00     $ 1,295,387.08 

              SI       8,109,262.48  0.00000000%    $ 64,004.42    $ 0.00     $ 64,004.42 
           TOTAL       8,109,262.48                 $ 64,004.42      $ 0.00   $ 64,004.42 

 V. Principal to Certificateholders

          TRANCH       Beg. Balance Schduled Principal     Recovered Loss   Ending Principal       Cert. Factor  
         <S>        <C>            <C>                    <C>              <C>                    <C>                     <C>       
             A-1     215,660,721.89       6,391,790.17               0.00     209,268,931.72          0.5849828 
             A-2      24,114,008.21         714,695.19               0.00      23,399,313.02          0.5849828 
           TOTAL     239,774,730.10       7,106,485.36               0.00     232,668,244.74                    

              SI       8,109,262.48               0.00           2,119.37       8,107,143.11          0.9987802 
           TOTAL       8,109,262.48               0.00           2,119.37       8,107,143.11                    

VI. Overdue Interest

           GROUP   Overdue Interest    Int. On Overdue  Remaining Overdue  
RTGAGE GROUP ONE               0.00               0.00               0.00 

II. Invested Amount

               GROUP    Invested Amount  
  MORTGAGE GROUP ONE     234,697,505.74 



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Creation Date:  Wed Aug 12, 1998  05:29 PM       CMHE 1995-1       PAGE No. 002
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period :  35
Beginning Date     :  07/01/1998  End Date           :  07/31/1998
Determination Date :  08/12/1998  Remittance Date    :  08/17/1998
 
 
  VIII. Liquidation Loss

Liquidation Loss Amount          65,315.18        
Loss Investor Cert.              63,195.81        
Reimbursed Amount                     0.00        
Unreimbursed Amount                   0.00        

    IX. Loss Recovery

Total Amount               0.00        

     X. Servicing Fee

SERVICER          Chase Manhattan Bank, N.A.        
Beginning Balance             249,913,253.58        
Rate                                 0.5000%        
Servicing Fee                     104,130.52        

    XI. Single Certificate Principal Distribution

              TRANCH      Orig. Balance   Sched. Principal  Certificate Value    Pr.Dist / Cert.  
            <S>         <C>              <C>               <C>                  <C> 
                 A-1     357,735,172.00       6,391,790.17           1,000.00    $ 17.8673797554 
                 A-2      40,000,000.00         714,695.19           1,000.00    $ 17.8673797500 
               TOTAL     397,735,172.00       7,106,485.36                                       

                  SI       8,117,044.57               0.00           1,000.00     $ 0.0000000000 
               TOTAL       8,117,044.57               0.00                                       

   XII. Single Certificate Interest Distribution

              TRANCH      Orig. Balance    Sched. Interest  Certificate Value   Int.Dist / Cert.  
                 A-1     357,735,172.00       1,165,633.62           1,000.00     $ 3.2583701890 
                 A-2      40,000,000.00         129,753.46           1,000.00     $ 3.2438365000 
               TOTAL     397,735,172.00       1,295,387.08                                       

                  SI       8,117,044.57          64,004.42           1,000.00     $ 7.8851876995 
               TOTAL       8,117,044.57          64,004.42                                       

  XIII. Insured Payment

               GROUP             Amount  
  MORTGAGE GROUP ONE               0.00 

   XIV. Transfer Deposit Amount

               GROUP             Amount  
  MORTGAGE GROUP ONE               0.00 

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Creation Date :  Wed Aug 12, 1998  05:29 PM       CMHE 1995-1       PAGE No. 003
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period :  35
Beginning Date     :  07/01/1998  End Date           :  07/31/1998
Determination Date :  08/12/1998  Remittance Date    :  08/17/1998
 
 
    XV. Delinquency Information for Due Period

              PERIOD Number of   Principal Balance  
             30 DAYS         67       1,983,920.05 
             60 DAYS         13         399,231.31 
             90 DAYS          7         277,280.91 
           120+ DAYS         24         675,920.65 
               TOTAL        111       3,336,352.92 

           FORECLOSR          0               0.00 
               TOTAL          0               0.00 

                 REO          0               0.00 
               TOTAL          0               0.00 

   XVI. Book Value REO Property

               GROUP              Value  
  MORTGAGE GROUP ONE               0.00 

  XVII. Servicer Advance

SERVICER                Chase Manhattan Bank, N.A.        
Required Advances                             0.00        
Nonrecoverable Advances                       0.00        

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