Creation Date :  Fri Nov 13, 1998  11:27 AM       CMHE 1995-1       PAGE No. 001
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period: 38 Beginning Date    :  10/01/1998  End Date           :  10/31/1998
               Determination Date:  11/10/1998  Remittance Date    :  11/16/1998
 
 
                       CHASE HOME EQUITY LOAN TRUST, Series 1995-1 

     I. Floating Allocation Percentage

Beginning %   96.540521897493%        
Ending %      96.482922348219%        

    II. Cash Received

SERVICER            Chase Manhattan Bank, N.A.        
Interest Collected                1,832,632.35        
Principal Collected               8,230,408.93        
Additional Draw                   4,392,898.29        

   III. Pool Balance

Beginning Balance      234,321,679.45     234,321,679.45       
Principal Payments       9,958,566.37       9,958,566.37       
Prin Pay Rev             1,728,157.44       1,728,157.44       
Advances                 6,184,809.62       6,184,809.62       
Advance Rev              1,791,911.33       1,791,911.33       
Liquidation Loss                 0.06               0.06       
Ending Balance         230,484,168.75     230,484,168.75       

    IV. Interest to Certificateholders

TRANCH     Beg. Balance       Rate    Schduled Int    Int Shrtfall  Disbrsed Int
   A-1   201,639,841.58   5.64859000% $ 1,012,427.37       $ 0.00 $ 1,012,427.37
   A-2    22,546,269.68   5.63000000%   $ 112,831.55       $ 0.00   $ 112,831.55
 TOTAL   224,186,111.26               $ 1,125,258.92       $ 0.00 $ 1,125,258.92

    SI     8,106,307.19   0.00000000%    $ 60,021.89       $ 0.00    $ 60,021.89
 TOTAL     8,106,307.19                  $ 60,021.89       $ 0.00    $ 60,021.89

     V. Principal to Certificateholders

TRANCH      Beg. Balance     Schduled   Recovered  Ending Principal Cert. Factor
                             Principal     Loss  
   A-1    201,639,841.58   3,451,574.43    0.00    198,188,267.15      0.5540083
   A-2     22,546,269.68     385,936.27    0.00     22,160,333.41      0.5540083
 TOTAL    224,186,111.26   3,837,510.70    0.00    220,348,600.56               

    SI      8,106,307.19           0.00    0.00      8,106,307.19      0.9986772
 TOTAL      8,106,307.19           0.00    0.00      8,106,307.19               

    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     222,377,861.56 




Creation Date :  Fri Nov 13, 1998  11:27 AM       CMHE 1995-1       PAGE No. 002
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period: 38 Beginning Date     :  10/01/1998  End Date          :  10/31/1998
                Determination Date:  11/10/1998  Remittance Date   :  11/16/1998
 
 
  VIII. Liquidation Loss

Liquidation Loss Amount               0.06        
Loss Investor Cert.                   0.06        
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             234,321,679.45        
Rate                                 0.5000%        
Servicing Fee                      97,634.03        

    XI. Single Certificate Principal Distribution

TRANCH     Orig. Balance   Sched. Principal  Certificate Value    Pr.Dist /Cert.
   A-1    357,735,172.00       3,451,574.43           1,000.00    $ 9.6484066990
   A-2     40,000,000.00         385,936.27           1,000.00    $ 9.6484067500
 TOTAL    397,735,172.00       3,837,510.70                                     

    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       1,012,427.37          1,000.00     $ 2.8301029623
   A-2     40,000,000.00         112,831.55          1,000.00     $ 2.8207887500
 TOTAL    397,735,172.00       1,125,258.92                                     

    SI      8,117,044.57          60,021.89          1,000.00     $ 7.3945497628
 TOTAL      8,117,044.57          60,021.89                                     

  XIII. Insured Payment

               GROUP             Amount  
  MORTGAGE GROUP ONE               0.00 

   XIV. Transfer Deposit Amount

               GROUP             Amount  
  MORTGAGE GROUP ONE               0.00 



Creation Date:  Fri Nov 13, 1998  11:27 AM       CMHE 1995-1        PAGE No. 003
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period:  38 Beginning Date    :  10/01/1998  End Date          :  10/31/1998
                Determination Date:  11/10/1998  Remittance Date   :  11/16/1998
 
 
    XV. Delinquency Information for Due Period

              PERIOD Number of   Principal Balance  
             30 DAYS         92       2,586,093.56 
             60 DAYS         11         322,226.13 
             90 DAYS          3         124,234.91 
           120+ DAYS         22         971,777.39 
               TOTAL        128       4,004,331.99 

           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