EX-20.1 2 b400477_ex20-1.txt MONTHLY SERVICER'S REPORT Exhibit 20.1 CHASE MANHATTAN RV OWNER TRUST 1997-A MONTHLY SERVICER'S REPORT Settlement Date 7/31/2004 Determination Date 8/11/2004 Distribution Date 8/16/2004 I. All Payments on the Contracts 2,724,444.12 II. All Liquidation Proceeds on the Contracts with respect to Principal 32,649.26 III. Repurchased Contracts 0.00 IV. Investment Earnings on Collection Account 1.55 V. Servicer Monthly Advances 44,230.56 VI. Distribution from the Reserve Account 117,838.75 VII. Deposits from the Pay-Ahead Account (including Investment Earnings) 5,136.86 VIII. Transfers to the Pay-Ahead Account (6,571.11) IX. Less: Investment Earnings distributions (a) To Sellers with respect to the Collection Account (1.55) (b) To Sellers with respect to the Pay-Ahead Account 0.00 X. Deposit in error 0.00 Total available amount in Collection Account $2,917,728.44 ==================== 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 137,602.11 (b) Class A-10 Note Principal Distribution 2,424,891.96 Aggregate Class A-10 Note Distribution 39.42298570 2,562,494.07 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 29,507.16 (b) Reimbursement of prior Monthly Advances 81,047.90 Total Servicer Payment 110,555.06 13. Deposits to the Reserve Account 0.00 TOTAL DISTRIBUTION AMOUNT $2,917,728.44 ===============

Page 1 of 4 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% 137,602.11 Aggregate Interest on Notes 137,602.11 (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 2.11695555 137,602.11 Total Aggregate Interest on Notes 137,602.11 (k) Class B Certificates 5.45000000 244,679.31 PRINCIPAL ---------------------------------------------- No. of Contracts ---------------- 1. Amount of Stated Principal Collected 1,138,911.10 2. Amount of Principal Prepayment Collected 106 1,109,744.52 3. Amount of Liquidated Contract 8 176,236.34 4. Amount of Repurchased Contract 0 0.00 Total Formula Principal Distribution Amount 2,424,891.96 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 0.3987985 25,921,904.65 (k) Class B Certificates 1.0000000 44,895,285.54

Page 2 of 4 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 37.30603015 2,424,891.96 (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 0.3614925 23,497,012.69 (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 7/31/2004 3,404 68,392,298.23 2. Delinquency Information % Delinquent ------------ (a) 31-59 Days 51 1,021,466.71 1.494% (b) 60-89 Days 18 480,919.50 0.703% (c) 90-119 Days 15 421,772.26 0.617% (d) 120 Days+ 26 656,774.91 0.960% 3. Contracts Repossessed during the Due Period 2 21,154.50 4. Current Repossession Inventory 4 82,520.94 5. Aggregate Net Losses for the preceding Collection Period (a) Aggregate Principal Balance of Liquidated Receivables 8 176,236.34 (b) Net Liquidation Proceeds on any Liquidated Receivables 32,649.26 -------------- Total Aggregate Net Losses for the preceding Collection Period 143,587.08 6. Aggregate Losses on all Liquidated Receivables (Year-To-Date) 1,004,242.53 7. Aggregate Net Losses on all Liquidated Receivables (Life-To-Date) 1,435 22,418,710.56 8. Weighted Average Contract Rate of all Outstanding Contracts 9.112% 9. Weighted Average Remaining Term to Maturity of all Outstanding Contracts 62.026

Page 3 of 4 TRIGGER ANALYSIS ---------------------------------------------- 1. (a) Average Delinquency Percentage 2.194% (b) Delinquency Percentage Trigger in effect? YES 2. (a) Average Net Loss Ratio 0.032% (b) Net Loss Ratio Trigger in effect? NO (c) Net Loss Ratio (using ending Pool Balance) 0.158% 3. (a) Servicer Replacement Percentage 0.126% (b) Servicer Replacement Trigger in effect? NO MISCELLANEOUS ---------------------------------------------- 1. Monthly Servicing Fees 29,507.16 2. Servicer Advances 44,230.56 3. (a) Opening Balance of the Reserve Account 8,658,392.89 (b) Deposits to the Reserve Account 0.00 (c) Investment Earnings in the Reserve Account 5,971.65 (d) Distribution from the Reserve Account (117,838.75) (e) Ending Balance of the Reserve Account 8,546,525.79 4. Specified Reserve Account Balance 8,973,952.86 5. (a) Opening Balance in the Pay-Ahead Account 61,626.34 (b) Deposits to the Pay-Ahead Account from the Collection Account 6,571.11 (c) Investment Earnings in the Pay-Ahead Account 0.00 (d) Transfers from the Pay-Ahead Account to the Collection Account (5,136.86) (e) Ending Balance in the Pay-Ahead Account 63,060.59

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CHASE MANHATTAN RV OWNER TRUST 1997-A 8-K