8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event report October 15, 2002

First Union National Bank (as Representative under a Pooling and
Servicing Agreement dated as of July 31, 1998 providing for the issuance
of The Money Store Trust, Series 1998-B) and each of the Originators
listed on Schedule A attached hereto.

(Exact name of registrant as specified in its charter)

*	333-32775	*
State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer ID Number)

c/o First Union National Bank, 401 South Tryon Street – NC1179 Charlotte, NC 28288
(Address of principal executive officer)

Registrant’s Telephone Number, including area code: (704) 383-9568

(Former name or former address, if changed since last report)

* See Schedule A

Item 5	Other Events
	The Servicer has and continues to adjust its servicing policies to meet the requirements of regulatory agencies, as provided for in the Pooling and Servicing Agreement. The Issuer will disclose such policies that materially and adversely effect the Certificateholders.
	Attached herein as Exhibit 20.1 hereto is a copy of the Monthly Statement sent to Class A Certificate holders with respect to the October 15, 2002 Remittance Date.
Item 7	Financial Statements and Exhibits

Item 601 (a) of Regulation
S-K Exhibit Number

20.1 Monthly statement to Class A Certificate holders with respect to the October 15, 2002 Remittance Date.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

WACHOVIA BANK, NATIONAL ASSOCIATION

By:	\s\ Robert Ashbaugh
	Name: Robert Ashbaugh Title: Vice President	Dated: October 31, 2002

Exhibit Index

20.1 Monthly statement sent to Class A Certificate holders with respect to the October 15, 2002 Remittance Date.

Schedule A

	State of	IRS Employer
Registrant	Incorporation	ID Number
TMS Mortgage Inc.	New Jersey	22-3217781
The Money Store/D.C. Inc.	D.C	22-2133027
The Money Store/Kentucky Inc.	Kentucky	22-2459832
The Money Store Home Equity Corp.	Kentucky	22-2522232
The Money Store/Minnesota Inc.	Minnesota	22-3003495

EX-99.1 3 g79115exv99w1.htm MONTHLY STATEMENT

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

						Original		Beginning						Current				Ending
			Certificate			Certificate		Certificate						Realized		Total		Certificate
Class	Cusip		Rate			Balance		Balance		Interest		Principal		Loss		Distribution		Balance
AF-1		n/a		6.29000	%		88,000,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AF-2	60935BDS5			6.11500	%		65,000,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AF-3	60935BDT3			6.04000	%		132,000,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AF-4	60935BDU0			6.11500	%		50,000,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AF-5	60935BDV8			6.22500	%		35,000,000.00		13,009,931.47		67,489.02		3,953,113.54		0.00		4,020,602.56		9,056,817.93
Factors per Thousand											1.92825771		112.94610114				114.87435886		258.76622657
AF-6	60935BDW6			6.31500	%		48,000,000.00		48,000,000.00		252,600.00		0.00		0.00		252,600.00		48,000,000.00
Factors per Thousand											5.26250000		0.00000000				5.26250000		1000.00000000
AF-7	60935BDX4			6.65000	%		52,969,000.00		52,969,000.00		293,536.54		0.00		0.00		293,536.54		52,969,000.00
Factors per Thousand											5.54166664		0.00000000				5.54166664		1000.00000000
AF-8	60935BDY2			6.11000	%		29,000,000.00		21,456,353.46		109,248.60		574,765.25		0.00		684,013.85		20,881,588.21
Factors per Thousand											3.76719310		19.81949138				23.58668448		720.05476586
AF-9	60935BDZ9			6.33500	%		23,329,000.00		23,329,000.00		123,157.68		0.00		0.00		123,157.68		23,329,000.00
Factors per Thousand											5.27916670		0.00000000				5.27916670		1000.00000000
Pool I							523,298,000.00		158,764,284.93		846,031.84		4,527,878.79		0.00		5,373,910.63		154,236,406.14
Totals											5.32885491		28.51950482				33.84835974		294.73914699
A-V	60935BEA3			1.97313	%		524,381,000.00		93,116,935.26		148,006.19		2,290,329.71		0.00		2,438,335.90		90,826,605.55
Factors per Thousand											0.28224934		4.36768249				4.64993182		173.20727782
Pool II							524,381,000.00		93,116,935.26		148,006.19		2,290,329.71		0.00		2,438,335.90		90,826,605.55
Totals											0.28224934		4.36768249				4.64993182		173.20727782

The Bank of New York	Karon Greene
5 Penn Plaza	Phone: 212-328-7567
NY, NY 10001	Fax: 212-328-7620

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02
		5

						Original		Beginning						Current				Ending
			Certificate			Certificate		Certificate						Realized		Total		Certificate
Class	Cusip		Rate			Balance		Balance		Interest		Principal		Loss		Distribution		Balance
AH-1	60935BEB1			6.14500	%		78,226,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AH-2	60935BEC9			6.00000	%		14,086,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AH-3	60935BED7			6.07000	%		25,358,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AH-4	60935BEE5			6.17500	%		11,345,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AH-5	60935BEF2			6.32500	%		9,470,000.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand											0.00000000		0.00000000				0.00000000		0.00000000
AH-6	60935BEG0			6.55000	%		13,002,000.00		11,951,660.48		65,236.15		1,749,488.29		0.00		1,814,724.44		10,202,172.19
Factors per Thousand											5.01739348		134.55532149				139.57271497		784.66175896
MH-1	60935BEH8			6.60000	%		15,899,000.00		9,362,774.60		51,495.26		0.00		0.00		51,495.26		9,362,774.60
Factors per Thousand											3.23889930		0.00000000				3.23889930		588.89078558
MH-2	60935BEJ4			7.06000	%		14,955,000.00		9,040,929.23		53,190.80		0.00		0.00		53,190.80		9,040,929.23
Factors per Thousand											3.55672350		0.00000000				3.55672350		604.54224206
BH	60935BEK1			7.89500	%		16,396,000.00		14,479,631.81		95,263.91		0.00		0.00		95,263.91		14,479,631.81
Factors per Thousand											5.81019212		0.00000000				5.81019212		883.11977373
Pool III							198,737,000.00		44,834,996.12		265,186.12		1,749,488.29		0.00		2,014,674.41		43,085,507.83
Totals											1.33435706		8.80303260				10.13738967		216.80
X		n/a		0.00000	%		0.00		0.00		710,108.12		0.00		0.00		710,108.12		0.00
R		n/a		0.00000	%		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Totals							1,246,416,000.00		296,716,216.31		1,969,332.27		8,567,696.79		0.00		10,537,029.06		288,148,519.52

Wells Fargo Bank Minnesota, N. A	Customer Service — CTSLink
Securities Administration Services	Telephone: 301-815-6600
7485 New Horizon Way	Fax: 301-846-8152
Frederick, MD 21703

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

Certificate Information

Pool I

		Interest		Carry Forward		Monthly Advance
		Requirement		Amount		for Bankruptcy
AF-1			0.00		0.00		0.00
AF-2			0.00		0.00		0.00
AF-3			0.00		0.00		0.00
AF-4			0.00		0.00		0.00
AF-5			67,489.02		0.00		0.00
AF-6			252,600.00		0.00		0.00
AF-7			293,536.54		0.00		0.00
AF-8			109,248.60		0.00		0.00
AF-9			123,157.68		0.00		0.00
Pool II
	AV		148,006.19		0.00		0.00

The Bank of New York	Karon Greene
5 Penn Plaza	Phone: 212-328-7567
NY, NY 10001	Fax: 212-328-7620

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

Certificate Information

Pool III

		Interest		Carry Forward		Monthly Advance		Applied Realized		Unapplied Realized
		Requirement		Amount		for Bankruptcy		Loss Amount		Loss Amount
AH-1			0.00		0.00		0.00		0.00		0.00
AH-2			0.00		0.00		0.00		0.00		0.00
AH-3			0.00		0.00		0.00		0.00		0.00
AH-4			0.00		0.00		0.00		0.00		0.00
AH-5			0.00		0.00		0.00		0.00		0.00
AH-6			65,236.15		0.00		0.00
MH-1			51,495.26		0.00		0.00		0.00		0.00
MH-2			53,190.80		0.00		0.00		0.00		0.00
	BH		95,263.91		0.00		0.00		0.00		0.00

Wells Fargo Bank Minnesota, N. A
Securities Administration Services	Customer Service — CTSLink
7485 New Horizon Way	Telephone: 301-815-6600
Frederick, MD 21703	Fax: 301-846-8152

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

Pool I

Schedule of Remittance
Aggregate Amount Received	6,024,500.58
Monthly Advance	55,968.26
(Unreimbursed Monthly Advance)	0.00
(Servicer Fee)	(33,908.82	)
(Contingency Fee)	(33,908.82	)
(Late Charges)	(66,555.45	)
(Escrow)	(94,644.93	)
(Excess Spread)	(560,792.56	)
(Subordination Reduction Amount)	0.00
	(733,842.31	)
Available Remittance Amount	5,290,658.27

EXHIBIT O

Outstanding Balance	$164,079,776.80
# Accounts	3,655

Fees
Contingency Fee	33,908.82
Expense Account	1,686.87
Insurance Fee	13,561.12
Servicer Fee	33,908.82
Trust Administrator Fee	1,196.08

Prior Three Months Weighted Average Mortgage Interest Rates

6/02	7/02			8/02
10.613%		10.612	%		10.607	%

Delinquent Infor.	# Loans		Amount		Percentage
Delinquent 1-29 Days		437		18,232,651.92		11.11	%
Delinquent 30-59 Days		109		4,795,529.84		2.92	%
Delinquent 60-89 Days		33		1,486,292.23		0.91	%
Delinquent 90 and over		90		4,493,539.89		2.74	%
Loans in Foreclosure		213		10,968,812.81		6.69	%
REO Property		81		4,402,426.78		2.68	%
Totals		963		44,379,253.47		27.05	%

The Bank of New York	Karon Greene
5 Penn Plaza	Phone: 212-328-7567
NY, NY 10001	Fax: 704-383-6039

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

Pool I

Collateral Information
Adjusted Mortgage Interest Rate			9.991	%
Aggregate Beginning Principal Balance of Loans			168,858,782.90
Aggregate Ending Principal Balance of Loans			164,079,776.80
Class X Distribution from Pool I			462,292.21
Compensating Interest			0.00
Curtailments			402,608.68
Excess and Monthly Payments			382,455.10
Insured Payment			0.00
Interest Received			1,433,921.76
Monthly Excess Spread Percentage			100	%
Payments And Reimbursements to the Servicers Pursuant to:
	Section 5.04(b)		0.00
	Section 5.04(c)		0.00
	Section 5.04(d)(ii)		0.00
	Section 5.04(e)		0.00
	Section 5.04(f)(I)		67,817.64
Principal Prepayments (Number/Amount)		73	3,642,863.30
Realized Losses (Current/Cumulative)		351,079.03	22,608,635.69
Specified Subordinated Amount			9,843,370.66
Subordinated Amount			9,743,418.95
WAC			10.606	%
WAM			235.75
Weighted Average Adjusted Mortgage Loan Remittance Rate			6.510	%

The Bank of New York	Karon Greene
5 Penn Plaza	Phone: 212-328-7567
NY, NY 10001	Fax: 704-383-6039

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

Pool II

Schedule of Remittance
Aggregate Amount Received	2,812,531.72
Monthly Advance	50,446.96
(Unreimbursed Monthly Advance)	0.00
(Servicer Fee)	(21,033.76	)
(Contingency Fee)	(21,033.76	)
(Late Charges)	(33,672.59	)
(Escrow)	(91,367.67	)
(Excess Spread)	(690,520.18	)
(Subordination Reduction Amount)	0.00
	(807,181.00	)
Available Remittance Amount	2,005,350.72

EXHIBIT O

Outstanding Balance	$103,843,531.30
# Accounts	1,422

Fees
Contingency Fee	21,033.76
Expense Account	989.37
Insurance Fee	8,729.71
Servicer Fee	21,033.77
Trust Administrator Fee	750.66

Prior Three Months Weighted Average Mortgage Interest Rates

6/02	7/02			8/02
10.206%		10.174	%		10.137	%

Delinquent Infor.	# Loans		Amount		Percentage
Delinquent 1-29 Days		141		9,581,889.74		9.23	%
Delinquent 30-59 Days		47		3,208,230.90		3.09	%
Delinquent 60-89 Days		22		2,129,270.27		2.05	%
Delinquent 90 and over		62		5,477,878.23		5.28	%
Loans in Foreclosure		140		11,376,063.63		10.96	%
REO Property		55		3,711,630.19		3.57	%
Totals		467		35,484,962.96		34.17	%

The Bank of New York	Karon Greene
5 Penn Plaza	Phone: 212-328-7567
NY, NY 10001	Fax: 212-328-7620

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

Pool II

Collateral Information
Adjusted Mortgage Interest Rate			9.490	%
Aggregate Beginning Principal Balance of Loans			105,975,485.10
Aggregate Ending Principal Balance of Loans			103,843,531.30
Class X Distribution from Pool II			247,815.91
Compensating Interest			0.00
Curtailments			456,814.73
Excess and Monthly Payment			68,689.28
Insured Payment			0.00
Interest Received			839,866.02
Interest Shortfall from Net Funds Cap Usage (A10) Monthly Excess Spread Percentage			100	%
Net Funds Cap (Rate)			8.980	%
Payments And Reimbursements to the Servicers Pursuant to:
	Section 5.04(b)		0.00
	Section 5.04(c)		0.00
	Section 5.04(d)(ii)		0.00
	Section 5.04(e)		0.00
	Section 5.04(f)(I)		42,067.53
Principal Prepayments (Number / Amount)		17	1,303,677.14
Realized Losses (Current / Cumulative)		302,772.65	19,988,074.77
Specified Subordinated Amount			13,016,925.75
Subordinated Amount			12,555,777.19
WAC			10.105	%
WAM			307.12
Weighted Average Adjusted Mortgage Loan Remittance Rate			2.098	%

The Bank of New York	Karon Greene
5 Penn Plaza	Phone: 212-328-7567
NY, NY 10001	Fax: 212-328-7620

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

Pool III

Schedule of Remittance
Aggregate Amount Received	2,077,303.06
Monthly Advance	3,034.45
(Unreimbursed Monthly Advance)	0.00
(Servicer Fee)	(9,840.00	)
(Contingency Fee)	(9,840.00	)
(Late Charges)	(22,605.02	)
(Escrow)	(19,893.34	)
(Excess Spread)	(288,266.30	)
(Subordination Reduction Amount)	0.00
	(34,410.20	)
Available Remittance Amount	1,729,892.86

EXHIBIT O

Outstanding Balance	$45,823,776.74
# Accounts	2,912

Fees

Contingency Fee	9,840.00
Expense Account	747.25
FHA Premium Account	2,737.50
FHA Custodian Fee	19.82
Reimbursable to the Servicer — FHA Account	8,926.44
Servicer Fee	9,840.00
Trust Administrator Fee	574.85

Prior Three Months Weighted Average Mortgage Interest Rates

6/02	7/02			8/02
12.876%		12.887	%		12.883	%

Delinquent Infor.	# Loans		Amount		Percentage
Delinquent 1-29 Days		545		9,136,935.05		19.94	%
Delinquent 30-59 Days		113		1,779,096.87		3.88	%
Delinquent 60-89 Days		45		646,198.98		1.41	%
Delinquent 90 and over		59		1,129,010.78		2.46	%
Loans in Foreclosure		32		745,726.59		1.63	%
REO Property		6		134,111.37		0.29	%
Totals		800		13,571,079.64		29.62	%

Wells Fargo Bank Minnesota, N. A
Securities Administration Services	Customer Service — CTSLink
7485 New Horizon Way	Telephone: 301-815-6600
Frederick, MD 21703	Fax: 301-846-8152

	The Money Store Asset Backed Certificates	Record Date: 09/30/02
[FIRST UNION LOGO]	Series 1998-B	Determination Date: 10/09/02
	Statement To Certificateholder	Distribution Date: 10/15/02 5

Pool III

Collateral Information
	Accelerated Principal Distribution				288,266.30
	Adjusted Mortgage Interest Rate				12.373	%
	Aggregate Beginning Principal Balance of Loans				47,573,698.13
	Aggregate Ending Principal Balance of Loans				45,823,776.74
	Class X Distribution from Pool III				0.00
	Compensating Interest				2,035.62
	Curtailments				65,098.06
	Deposit to Spread Account due to Trigger Activation				1.00
	Excess and Monthly Payment				166,462.15
	FHA Claims Denied				0.00
	FHA Claims Filed				0.00
	FHA Claims Paid				0.00
	FHA Claims Pending				38,272.56
	FHA Payments Received				0.00
	Interest Received				507,685.40
	Maximum Subordinated Amount				7,334,266.00
	Monthly Excess Spread Percentage				100	%
Payments And Reimbursements to the Servicers Pursuant to:
		Section 5.04(b)			0.00
		Section 5.04(c)			0.00
		Section 5.04(d)(ii)			0.00
		Section 5.04(e)			0.00
		Section 5.04(f)(I)			19,680.00
Principal Prepayments (Number / Amount)			72		1,229,661.78
Realized Losses (Current / Cumulative)			288,699.40		27,359,329.53
Reserve Amount					0.00
Senior Percentage / Class B Percent			100.00%		0.00	%
Specified Subordinated Amount					7,256,150.32
Subordinated Amount					2,450,002.61
Trigger in Effect (Yes/No)				Yes
WAC					12.886	%
WAM					174.18
Weighted Average Adjusted Mortgage Loan Remittance Rate					8.118	%

Wells Fargo Bank Minnesota, N. A
Securities Administration Services	Customer Service — CTSLink
7485 New Horizon Way	Telephone: 301-815-6600
Frederick, MD 21703	Fax: 301-846-8152

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EX-99.1

exv99w1