<TABLE>

Creation Date :  Mon Sep 14, 1998  01:46 PM       CMHE 1995-1       PAGE No. 001
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period:36 Beginning Date:  08/01/1998                 End Date: 08/31/1998
              Determination Date :  09/10/1998    Remittance Date:  09/15/1998
 
 
                       CHASE HOME EQUITY LOAN TRUST, Series 1995-1 

     I. Floating Allocation Percentage

Beginning %   96.661042880193%        
Ending %      96.591295705423%        

    II. Cash Received

SERVICER            Chase Manhattan Bank, N.A.        
Interest Collected                1,961,938.12        
Principal Collected               9,355,153.95        
Additional Draw                   4,387,221.07        

   III. Pool Balance

Beginning Balance      242,804,648.85     242,804,648.85       
Principal Payments      10,986,120.17      10,986,120.17       
Prin Pay Rev             1,630,966.22       1,630,966.22       
Advances                 5,545,760.50       5,545,760.50       
Advance Rev              1,158,539.43       1,158,539.43       
Liquidation Loss            10,379.35          10,379.35       
Ending Balance         237,826,336.62     237,826,336.62       

    IV. Interest to Certificateholders
              TRANCH       Beg. Balance               Rate     Schduled Int  Int Shrtfall     Disbrsed Int  
             <S>       <C>               <C>                <C>             <C>           <C>
                 A-1     209,268,931.72        5.88060000%     $ 991,338.32       $ 0.00     $ 991,338.32 
                 A-2      23,399,313.02        5.86000000%     $ 110,457.76       $ 0.00     $ 110,457.76 
               TOTAL     232,668,244.74                      $ 1,101,796.08       $ 0.00   $ 1,101,796.08 

                  SI       8,107,143.11        0.00000000%      $ 62,130.30       $ 0.00      $ 62,130.30 
               TOTAL       8,107,143.11                         $ 62,130.30       $ 0.00      $ 62,130.30 

     V. Principal to Certificateholders

              TRANCH       Beg. Balance Schduled Principal     Recovered Loss   Ending Principal       Cert. Factor  
                 A-1     209,268,931.72       4,477,334.49               0.00     204,791,597.23          0.5724670 
                 A-2      23,399,313.02         500,631.18               0.00      22,898,681.84          0.5724670 
               TOTAL     232,668,244.74       4,977,965.67               0.00     227,690,279.07                    

                  SI       8,107,143.11               0.00             346.56       8,106,796.55          0.9987375 
               TOTAL       8,107,143.11               0.00             346.56       8,106,796.55                    

    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     229,719,540.07 


</TABLE>
Creation Date :  Mon Sep 14, 1998  01:46 PM       CMHE 1995-1       PAGE No. 002
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period: 36 Beginning Date    :  08/01/1998  End Date           :  08/31/1998
               Determination Date:  09/10/1998  Remittance Date    :  09/15/1998
 
 
  VIII. Liquidation Loss

Liquidation Loss Amount          10,379.35        
Loss Investor Cert.              10,032.79        
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             242,804,648.85        
Rate                                 0.5000%        
Servicing Fee                     101,168.60        

    XI. Single Certificate Principal Distribution

<TABLE>
              TRANCH      Orig. Balance   Sched. Principal  Certificate Value    Pr.Dist / Cert.  
            <S>         <C>             <C>                 <C>                 <C> 
                 A-1     357,735,172.00       4,477,334.49           1,000.00    $ 12.5157793822 
                 A-2      40,000,000.00         500,631.18           1,000.00    $ 12.5157795000 
               TOTAL     397,735,172.00       4,977,965.67                                       

                  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         991,338.32           1,000.00     $ 2.7711513924 
                 A-2      40,000,000.00         110,457.76           1,000.00     $ 2.7614440000 
               TOTAL     397,735,172.00       1,101,796.08                                       

                  SI       8,117,044.57          62,130.30           1,000.00     $ 7.6543007081 
               TOTAL       8,117,044.57          62,130.30                                       

  XIII. Insured Payment

               GROUP             Amount  
  MORTGAGE GROUP ONE               0.00 

   XIV. Transfer Deposit Amount

               GROUP             Amount  
  MORTGAGE GROUP ONE               0.00 

</TABLE>

Creation Date :  Mon Sep 14, 1998  01:46 PM       CMHE 1995-1       PAGE No. 003
 
                                   MONTHLY CERTIFICATE HOLDERS REPORT
                                   ----------------------------------
 
Due Period:36   Beginning Date     :  08/01/1998  End Date         :  08/31/1998
                Determination Date :  09/10/1998  Remittance Date  :  09/15/1998
 
 
    XV. Delinquency Information for Due Period

              PERIOD Number of   Principal Balance  
             30 DAYS         71       2,194,398.61 
             60 DAYS         19         730,439.23 
             90 DAYS          2         205,760.71 
           120+ DAYS         24         686,900.59 
               TOTAL        116       3,817,499.14 

           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