Creation Date :  Wed Jun 10, 1998  11:52 AM
CMHE 1995-1         PAGE No. 001
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period :  33
Beginning Date     :  05/01/1998  End Date           :  05/31/1998
Determination Date :  06/10/1998  Remittance Date    :  06/15/1998
 
 
                       CHASE HOME EQUITY LOAN TRUST, Series 1995-1 

     I. Floating Allocation Percentage

Beginning %   96.933395785410%        
Ending %      96.851586248027%        

    II. Cash Received

SERVICER            Chase Manhattan Bank, N.A.        
Interest Collected                1,976,221.80        
Principal Collected              11,150,994.33        
Additional Draw                   4,279,744.08        

   III. Pool Balance

Beginning Balance      264,437,857.40     264,437,857.40       
Principal Payments      14,228,967.04      14,228,967.04       
Prin Pay Rev             3,077,972.71       3,077,972.71       
Advances                 5,788,062.27       5,788,062.27       
Advance Rev              1,508,318.19       1,508,318.19       
Liquidation Loss                 0.00               0.00       
Ending Balance         257,566,607.15     257,566,607.15       

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    IV. Interest to Certificateholders

   
              TRANCH       Beg. Balance             Rate    Schduled Int      Int Shrtfall   Disbrsed Int  
             <S>        <C>                   <C>          <C>               <C>           <C>            
                 A-1     228,724,594.56        5.89630000% $ 1,161,319.27       $ 0.00       $ 1,161,319.27 
                 A-2      25,574,739.36        5.86000000%   $ 129,052.98       $ 0.00       $ 129,052.98 
               TOTAL     254,299,333.92                    $ 1,290,372.25       $ 0.00       $ 1,290,372.25 

                  SI       8,109,262.48        0.00000000%    $ 57,224.04       $ 0.00       $ 57,224.04 
               TOTAL       8,109,262.48                       $ 57,224.04       $ 0.00       $ 57,224.04 

     V. Principal to Certificateholders

              TRANCH       Beg. Balance Schduled Principal     Recovered Loss   Ending Principal       Cert. Factor  
                 A-1     228,724,594.56       6,180,212.52               0.00     222,544,382.04          0.6220925 
                 A-2      25,574,739.36         691,037.73               0.00      24,883,701.63          0.6220925 
               TOTAL     254,299,333.92       6,871,250.25               0.00     247,428,083.67                    

                  SI       8,109,262.48               0.00               0.00       8,109,262.48          0.9990413 
               TOTAL       8,109,262.48               0.00               0.00       8,109,262.48                    

    VI. Overdue Interest

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

   VII. Invested Amount

               GROUP    Invested Amount  
  MORTGAGE GROUP ONE     249,457,344.67 

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Creation Date :  Wed Jun 10, 1998  11:52 AM
       CMHE 1995-1         PAGE No. 002
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period :  33
Beginning Date     :  05/01/1998  End Date           :  05/31/1998
Determination Date :  06/10/1998  Remittance Date    :  06/15/1998
 
 
  VIII. Liquidation Loss

Liquidation Loss Amount               0.00        
Loss Investor Cert.                   0.00        
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             264,437,857.40        
Rate                                 0.5000%        
Servicing Fee                     110,182.44        

    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       6,180,212.52           1,000.00    $ 17.2759432220 
                 A-2      40,000,000.00         691,037.73           1,000.00    $ 17.2759432500 
               TOTAL     397,735,172.00       6,871,250.25                                       

                  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       1,161,319.27           1,000.00     $ 3.2463100106 
                 A-2      40,000,000.00         129,052.98           1,000.00     $ 3.2263245000 
               TOTAL     397,735,172.00       1,290,372.25                                       

                  SI       8,117,044.57          57,224.04           1,000.00     $ 7.0498614990 
               TOTAL       8,117,044.57          57,224.04                                       

  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 Jun 10, 1998  11:52 AM
       CMHE 1995-1         PAGE No. 003
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period :  33
Beginning Date     :  05/01/1998  End Date           :  05/31/1998
Determination Date :  06/10/1998  Remittance Date    :  06/15/1998
 
 
    XV. Delinquency Information for Due Period

              PERIOD Number of   Principal Balance  
             30 DAYS         92       3,260,266.15 
             60 DAYS         17         453,710.36 
             90 DAYS          9         181,730.49 
           120+ DAYS         24         933,264.06 
               TOTAL        142       4,828,971.06 

           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                         3,000.63        
Nonrecoverable Advances                       0.00        

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