-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WoAbAqwQzl4xsPvlmABGBMlTRai2K4qqaTQaFXwkdfKG1chzoT7GdF+K1VYHHjcE j5f/C6I+TmKOJ3UXjvZZxg== 0000889812-00-001448.txt : 20000331 0000889812-00-001448.hdr.sgml : 20000331 ACCESSION NUMBER: 0000889812-00-001448 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991231 FILED AS OF DATE: 20000330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN HOME EQUITY LOAN TRUST 1995-1 CENTRAL INDEX KEY: 0001036821 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 134994650 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: SEC FILE NUMBER: 033-93570-02 FILM NUMBER: 586357 BUSINESS ADDRESS: STREET 1: 270 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 270 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN BANK /NY/ CENTRAL INDEX KEY: 0000835271 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 134994650 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: SEC FILE NUMBER: 033-22687 FILM NUMBER: 586358 BUSINESS ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL BANK DATE OF NAME CHANGE: 19930521 10-K 1 ANNAUL REPORT ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------------------------- FORM 10-K FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE - ----- SECURITIES EXCHANGE ACT OF 1934. For the Fiscal Year Ended: December 31, 1999 OR - ----- TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from _____ to _____ Commission file number 33-93570 Chase Manhattan Home Equity Loan Trust 1995-1 (issuer) The Chase Manhattan Bank (originator of the Trust referred to herein) (Exact name of registrant as specified in its charter) New York 13-4994650 (State of Other Jurisdiction of (IRS Employer Incorporation or Organization) Identification Number) 270 Park Avenue, New York, New York 10017 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 270-6000 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange of Which Registered None N/A Securities registered pursuant to Section 12(g) of the Act: None (Title of Each Class) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days: YES ___X___ NO _____ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ___X___ State the aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrants. The aggregate market value shall be computed by reference to the price at which the common equity was sold, or the average bid and asked prices of such common equity, as of a specified date within 60 days prior to the date of filing. The registrant has no voting or non-voting common stock outstanding as of the date of this report. The registrant is a trust that has issued certificates of beneficial interest in the trust assets. DOCUMENTS INCORPORATED BY REFERENCE. List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) any annual report to security holders; (2) any proxy or information statement; and (3) any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 31, 1980). None. ================================================================================ Introductory Note Chase Manhattan Home Equity Loan Trust 1995-1 (the "Trust") was formed pursuant to a Pooling and Servicing Agreement (the "Agreement") between The Chase Manhattan Bank (the "Bank"), as seller and servicer, and an unrelated trustee (the "Trustee"). The Trust files reports pursuant to Sections 13 and 15(d) of the Securities Exchange Act of 1934, as amended the ("Exchange Act"), in the Manner described in "no-action" letters submitted to the Office of the Chief Counsel on behalf of the originators of comparable trusts. Part I Item 1. Business Omitted. Item 2. Properties The aggregate amount of charge-offs with respect to the assets of the Trust for the year ended December 31, 1999 was $266,901.33. As of December 31, 1999, the aggregate Pool Balance of Receivables in the Trust was $170,850,618.21 and the aggregate principal balances of delinquent Receivables in the Trust were as follows: Delinquency Principal Balance ----------- ----------------- 30-59 days $1,791,331.49 60-89 days $ 422,103.73 90-120 days $ 51,759.97 120+ days $ 504,049.73 Item 3. Legal Proceedings The Registrant knows of no material pending legal proceedings with respect to the Trust, the Trustee or the Bank. Item 4. Submission of Matters to a Vote of Security Holders No matter was submitted to a vote of security holders for any Series during the fiscal year covered by this report. Part II Item 5. Market for Registrant's Common Equity and Related Stockholders Matters The registrant has no voting stock or class of common stock outstanding as of the date of this report. The beneficial interest in the Trust is represented by certificates of beneficial interest (the "Certificates"). To the Knowledge of the registrant, the Certificates are traded in the over-the-counter market to a limited extent. As of December 31, 1999, all of the Certificates were registered in the name of CEDE and Co. The registrant understands that CEDE and Co. is the nominee for the Depository Trust Company ("DTC"). The registrant further understands that DTC has no knowledge of the actual beneficial owners of the Certificates held of record by CEDE & Co., and that DTC knows only the identity of the participants to those whose accounts such Certificates are credited, who may or may not be the beneficial owners of the Certificates. The Commission has concurred with the registrant's position that the registrant may consider holders of interests in the DTC System or DTC participants to be "holders of record" and the following information is presented on that basis: Class # of Holders --------- ------------------ A-1 15 A-2 3 Total 18 Item 6. Selected Financial Data Omitted. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Omitted. Item 7A. Quantitative and Qualitative Disclosures About Market Risk Not applicable. Item 8. Financial Statements and Supplementary Data Omitted. Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure None. Part III Item 10. Directors and Executive Officers of the Registrant Omitted. Item 11. Executive Compliance Omitted. Item 12. Security Ownership of Certain Beneficial Owners and Management For the purposes of this Item 12, the records of DTC indicate that at December 31, 1999, the participants in the DTC system that held positions in Certificates representing interests in the Trust equal to more than 5% of the total principal amount of one or more classes of Certificates outstanding on that date are as follows:
- ---------------------------------------------------------------------------------------------------- Chase Home Equity Loan Trust Name & Address of Participant Original % Class Certificate Principal Balance - ---------------------------------------------------------------------------------------------------- Series 1995-1 - ---------------------------------------------------------------------------------------------------- Class A-1 Bank of New York (The) 75,000,000 20.96% 925 Patterson Plank Rd. Seacacus, NJ 07094 - ---------------------------------------------------------------------------------------------------- The Bank of New York/ 28,000,000 7.83% Credit Agricole One Wall Street New York, NY 10286 - ---------------------------------------------------------------------------------------------------- Citibank, N.A. 60,000,000 16.77% P. O. Box 30576 Tampa, FL 33630-3576 - ---------------------------------------------------------------------------------------------------- Credit Suisse First Boston 47,600,000 13.31% Corporation C/O ADP Proxy Services - ---------------------------------------------------------------------------------------------------- HSBC Bank USA/Republic 35,000,000 9.78% Investment Account One Hanson Place, Lower Level Brooklyn, NY 11243 - ---------------------------------------------------------------------------------------------------- LBI-Lehman Government 30,735,000 8.59% Securities Inc. (LBI) 101 Hudson Street 31st Floor Jersey City, NJ 07302 - ---------------------------------------------------------------------------------------------------- Northern Trust Company (The) 19,900,000 5.56% 801 S. Canal C-IN Chicago, IL 60607 - ---------------------------------------------------------------------------------------------------- Class A-2 Bank of New York (The) 5,000,000 12.50% 925 Patterson Plank Rd. Seacus, NJ 07094 - ---------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------- Fuji Bank and Trust Company 25,000,000 62.50% (The) 2 World Trade Center, 81st Floor New York, NY 10048 - ---------------------------------------------------------------------------------------------------- HSBC Bank USA/Republic 10,000,000 25.00% Investment Account One Hanson Place, Lower Level Brooklyn, NY 11243 - ----------------------------------------------------------------------------------------------------
Item 13. Certain Relationships and Related Transactions None. Part IV Item 14. Exhibits, Financial Statement Schedules, and Reports of Form 8-K Exhibits. No exhibits are being filed as part of this Annual Report on Form 10-K. The following reports were filed on Form 8-K in 1999: Date Items Reported Financial Statements ---- -------------- -------------------- 1/20/1999 5, 7 monthly report to certificateholders dated 1/15/1999 6/23/1999 5, 7 monthly report to certificateholders dated 2/15/1999, 3/15/1999, 4/15/1999 and 5/17/1999 6/30/1999 5, 7 monthly report to certificateholders dated 6/15/99 7/30/1999 5, 7 monthly report to certificateholders dated 7/15/99 8/27/1999 5, 7 monthly report to certificateholders dated 8/16/99 9/30/1999 5, 7 monthly report to certificateholders dated 9/15/99 10/29/1999 5, 7 monthly report to certificateholders dated 10/15/99 11/19/1999 5, 7 monthly report to certificateholders dated 11/15/99 12/23/1999 5, 7 monthly report to certificateholders dated 12/15/99 SIGNATURE Pursuant to the requirements of Section 13 or 15(d) 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. Chase Manhattan Home Equity Loan Trust 1995-1 by The Chase Manhattan Bank By: /s/ Richard Dargan ----------------------------------- Name: Richard Dargan Title: Vice President Dated: March 29, 2000 -----END PRIVACY-ENHANCED MESSAGE-----