EX-20.1 3 b331448_ex20-1.txt EX-20.1 CHASE MANHATTAN RV OWNER TRUST 1997-A MONTHLY SERVICER'S REPORT Settlement Date 3/31/2004 Determination Date 4/12/2004 Distribution Date 4/15/2004 I. All Payments on the Contracts 3,492,360.41 II. All Liquidation Proceeds on the Contracts with respect to Principal 69,018.63 III. Repurchased Contracts 0.00 IV. Investment Earnings on Collection Account 0.00 V. Servicer Monthly Advances 62,146.11 VI. Distribution from the Reserve Account 101,316.96 VII. Deposits from the Pay-Ahead Account (including Investment Earnings) 17,987.67 VIII. Transfers to the Pay-Ahead Account (10,311.06) IX. Less: Investment Earnings distributions (a) To Sellers with respect to the Collection Account 0.00 (b) To Sellers with respect to the Pay-Ahead Account 0.00 X. Deposit in error 0.00 Total available amount in Collection Account $3,732,518.72 ============= DISTRIBUTION AMOUNTS Cost per $1000 -------------------------------------------- -------------- 1. (a) Class A-1 Note Interest Distribution 0.00 (b) Class A-1 Note Principal Distribution 0.00 Aggregate Class A-1 Note Distribution 0.00000000 0.00 2. (a) Class A-2 Note Interest Distribution 0.00 (b) Class A-2 Note Principal Distribution 0.00 Aggregate Class A-2 Note Distribution 0.00000000 0.00 3. (a) Class A-3 Note Interest Distribution 0.00 (b) Class A-3 Note Principal Distribution 0.00 Aggregate Class A-3 Note Distribution 0.00000000 0.00 4. (a) Class A-4 Note Interest Distribution 0.00 (b) Class A-4 Note Principal Distribution 0.00 Aggregate Class A-4 Note Distribution 0.00000000 0.00 5. (a) Class A-5 Note Interest Distribution 0.00 (b) Class A-5 Note Principal Distribution 0.00 Aggregate Class A-5 Note Distribution 0.00000000 0.00 6. (a) Class A-6 Note Interest Distribution 0.00 (b) Class A-6 Note Principal Distribution 0.00 Aggregate Class A-6 Note Distribution 0.00000000 0.00 7. (a) Class A-7 Note Interest Distribution 0.00 (b) Class A-7 Note Principal Distribution 0.00 Aggregate Class A-7 Note Distribution 0.00000000 0.00 8. (a) Class A-8 Note Interest Distribution 0.00 (b) Class A-8 Note Principal Distribution 0.00 Aggregate Class A-8 Note Distribution 0.00000000 0.00 9. (a) Class A-9 Note Interest Distribution 0.00 (b) Class A-9 Note Principal Distribution 0.00 Aggregate Class A-9 Note Distribution 0.00000000 0.00 10. (a) Class A-10 Note Interest Distribution 204,552.19 (b) Class A-10 Note Principal Distribution 3,151,515.30 Aggregate Class A-10 Note Distribution 51.63180759 3,356,067.49 11. (a) Class B Certificate Interest Distribution 244,679.31 (b) Class B Certificate Principal Distribution 0.00 Aggregate Class B Certificate Distribution 5.45000000 244,679.31 12. Servicer Payment (a) Servicing Fee 34,762.27 (b) Reimbursement of prior Monthly Advances 97,009.65 Total Servicer Payment 131,771.92 13. Deposits to the Reserve Account 0.00 Total Distribution Amount $3,732,518.72 ===================

Reserve Account distributions: -------------------------------------------- (a) Amounts to the Sellers (Chase USA) from Excess Collections 0.00 (b) Amounts to the Sellers (Chase Manhattan Bank) from Excess Collections 0.00 (c) Distribution from the Reserve Account to the Sellers(Chase USA) 0.00 (d) Distribution from the Reserve Account to the Sellers(Chase Manhattan Bank) 0.00 Total Amounts to Sellers(Chase USA & Chase Manhattan Bank) = $0.00 =================== INTEREST -------------------------------------------- 1. Current Interest Requirement (a) Class A-1 Notes @ 5.598% 0.00 (b) Class A-2 Notes @ 5.852% 0.00 (c) Class A-3 Notes @ 5.919% 0.00 (d) Class A-4 Notes @ 6.020% 0.00 (e) Class A-5 Notes @ 6.050% 0.00 (f) Class A-6 Notes @ 6.130% 0.00 (g) Class A-7 Notes @ 6.140% 0.00 (h) Class A-8 Notes @ 6.230% 0.00 (i) Class A-9 Notes @ 6.320% 0.00 (j) Class A-10 Notes @ 6.370% 204,552.19 Aggregate Interest on Notes 204,552.19 (k) Class B Certificates @ 6.540% 244,679.31 2. Remaining Interest Shortfall (a) Class A-1 Notes 0.00 (b) Class A-2 Notes 0.00 (c) Class A-3 Notes 0.00 (d) Class A-4 Notes 0.00 (e) Class A-5 Notes 0.00 (f) Class A-6 Notes 0.00 (g) Class A-7 Notes 0.00 (h) Class A-8 Notes 0.00 (i) Class A-9 Notes 0.00 (j) Class A-10 Notes 0.00 (k) Class B Certificates 0.00 3. Total Distribution of Interest Cost per $1000 ----------------------- (a) Class A-1 Notes 0.00000000 0.00 (b) Class A-2 Notes 0.00000000 0.00 (c) Class A-3 Notes 0.00000000 0.00 (d) Class A-4 Notes 0.00000000 0.00 (e) Class A-5 Notes 0.00000000 0.00 (f) Class A-6 Notes 0.00000000 0.00 (g) Class A-7 Notes 0.00000000 0.00 (h) Class A-8 Notes 0.00000000 0.00 (i) Class A-9 Notes 0.00000000 0.00 (j) Class A-10 Notes 3.14695682 204,552.19 Total Aggregate Interest on Notes 204,552.19 (k) Class B Certificates 5.45000000 244,679.31 PRINCIPAL -------------------------------------------- No. of Contracts ---------------- 1. Amount of Stated Principal Collected 1,292,780.43 2. Amount of Principal Prepayment Collected 128 1,590,614.79 3. Amount of Liquidated Contract 12 268,120.08 4. Amount of Repurchased Contract 0 0.00 Total Formula Principal Distribution Amount 3,151,515.30 5. Principal Balance before giving effect to Principal Distribution Pool Factor ----------- (a) Class A-1 Notes 0.0000000 0.00 (b) Class A-2 Notes 0.0000000 0.00 (c) Class A-3 Notes 0.0000000 0.00 (d) Class A-4 Notes 0.0000000 0.00 (e) Class A-5 Notes 0.0000000 0.00 (f) Class A-6 Notes 0.0000000 0.00 (g) Class A-7 Notes 0.0000000 0.00 (h) Class A-8 Notes 0.0000000 0.00 (i) Class A-9 Notes 0.0000000 0.00 (j) Class A-10 Notes 0.5928333 38,534,165.13 (k) Class B Certificates 1.0000000 44,895,285.54

6. Remaining Principal Shortfall (a) Class A-1 Notes 0.00 (b) Class A-2 Notes 0.00 (c) Class A-3 Notes 0.00 (d) Class A-4 Notes 0.00 (e) Class A-5 Notes 0.00 (f) Class A-6 Notes 0.00 (g) Class A-7 Notes 0.00 (h) Class A-8 Notes 0.00 (i) Class A-9 Notes 0.00 (j) Class A-10 Notes 0.00 (k) Class B Certificates 0.00 7. Principal Distribution Cost per $1000 -------------- (a) Class A-1 Notes 0.00000000 0.00 (b) Class A-2 Notes 0.00000000 0.00 (c) Class A-3 Notes 0.00000000 0.00 (d) Class A-4 Notes 0.00000000 0.00 (e) Class A-5 Notes 0.00000000 0.00 (f) Class A-6 Notes 0.00000000 0.00 (g) Class A-7 Notes 0.00000000 0.00 (h) Class A-8 Notes 0.00000000 0.00 (i) Class A-9 Notes 0.00000000 0.00 (j) Class A-10 Notes 48.48485077 3,151,515.30 (k) Class B Certificates 0.00000000 0.00 8. Principal Balance after giving effect to Principal Distribution Pool Factor ----------- (a) Class A-1 Notes 0.0000000 0.00 (b) Class A-2 Notes 0.0000000 0.00 (c) Class A-3 Notes 0.0000000 0.00 (d) Class A-4 Notes 0.0000000 0.00 (e) Class A-5 Notes 0.0000000 0.00 (f) Class A-6 Notes 0.0000000 0.00 (g) Class A-7 Notes 0.0000000 0.00 (h) Class A-8 Notes 0.0000000 0.00 (i) Class A-9 Notes 0.0000000 0.00 (j) Class A-10 Notes 0.5443485 35,382,649.83 (k) Class B Certificates 1.0000000 44,895,285.54 POOL DATA ----------------------- Aggregate No. of Contracts Principal Balance ---------------- ----------------- 1. Pool Stated Principal Balance as of 3/31/2004 3,903 80,277,935.37 2. Delinquency Information % Delinquent ------------ (a) 31-59 Days 49 1,257,863.69 1.567% (b) 60-89 Days 18 315,396.37 0.393% (c) 90-119 Days 8 158,024.30 0.197% (d) 120 Days + 26 866,761.06 1.080% 3. Contracts Repossessed during the Due Period 6 174,323.08 4. Current Repossession Inventory 6 174,323.08 5. Aggregate Net Losses for the preceding Collection Period (a) Aggregate Principal Balance of Liquidated Receivables 12 268,120.08 (b) Net Liquidation Proceeds on any Liquidated Receivables 69,018.63 ------------ Total Aggregate Net Losses for the preceding Collection Period 199,101.45 6. Aggregate Losses on all Liquidated Receivables (Year-To-Date) 615,523.12 7. Aggregate Net Losses on all Liquidated Receivables (Life-To-Date) 1,408 22,029,991.15 8. Weighted Average Contract Rate of all Outstanding Contracts 9.146% 9. Weighted Average Remaining Term to Maturity of all Outstanding Contracts 64.799

TRIGGER ANALYSIS -------------------------------------------- 1. (a) Average Delinquency Percentage 2.048% (b) Delinquency Percentage Trigger in effect ? YES 2. (a) Average Net Loss Ratio 0.057% (b) Net Loss Ratio Trigger in effect ? NO (c) Net Loss Ratio (using ending Pool Balance) 0.246% 3. (a) Servicer Replacement Percentage 0.175% (b) Servicer Replacement Trigger in effect ? NO MISCELLANEOUS -------------------------------------------- 1. Monthly Servicing Fees 34,762.27 2. Servicer Advances 62,146.11 3. (a) Opening Balance of the Reserve Account 8,566,582.17 (b) Deposits to the Reserve Account 0.00 (c) Investment Earnings in the Reserve Account 4,336.77 (d) Distribution from the Reserve Account (101,316.96) (e) Ending Balance of the Reserve Account 8,469,601.98 4. Specified Reserve Account Balance 8,973,952.86 5. (a) Opening Balance in the Pay-Ahead Account 101,923.89 (b) Deposits to the Pay-Ahead Account from the Collection Account 10,311.06 (c) Investment Earnings in the Pay-Ahead Account 0.00 (d) Transfers from the Pay-Ahead Account to the Collection Account (17,987.67) (e) Ending Balance in the Pay-Ahead Account 94,247.28

CHASE MANHATTAN RV OWNER TRUST 1997-A 8-K