1
Household Finance Corporation
Household Revolving Home Equity Loan
Revolving Home Equity Loan Asset Backed
Certificates - Series 1995-2
P & S Agreement Date: Nov 1, 1995
Original Settlement Date: Nov 21, 1995
Series Number of Class A-1 Certificates:
000000XX0
Series Number of Class A-2 Certificates: N/A
Original Sale Balance: $637,660,000
Servicer Certificate (Page 1 of 3)
Distribution Date: 11/22/99
Investor Certificateholder Floating Allocation 92.14%
Percentage
Investor Certificateholder Fixed Allocation 97.90%
Percentage
Aggregate Amount of Collections 6,003,206.18
Aggregate Amount of Interest Collections 1,754,183.75
Aggregate Amount of Principal 4,249,022.43
Collections
Int. Collections Alloc. to Investor 1,616,227.86
Class A Principal Collections 4,027,312.89
Seller Interest Collections 137,955.89
Seller Principal Collections 221,709.54
Weighted Average Loan Rate 13.34%
Net Loan Rate 12.34%
Weighted Average Maximum Loan Rate 19.08%
Class A-1 Certificate Rate 5.6575%
Maximum Investor Certificate Rate 12.9500%
Class A-1 Certificate Interest Distributed 719,897.08
Class A-1 Investor Certificate Interest 0.00
Shortfall before Draw
Unpaid Class A-1 Certificate Interest 0.00
Shortfall Received
Unpaid Class A-1 Certificate Interest 0.00
Shortfall Remaining
Unpaid Class A-1 Carryover Interest Amount 0.00
Maximum Principal Dist. Amount (MPDA) 4,159,792.96
Alternative Principal Dist. Amount (APDA) 4,027,312.89
Rapid Amortization Period? (Y=1, N=0) 0.00
Scheduled Principal Distribution Amount 4,027,312.89
(SPDA)
Principal allocable to Class A-1 4,027,312.89
SPDA deposited to Funding Account 0.00
Accelerated Principal Distribution Amount 0.00
APDA allocable to Class A-1 0.00
2
Reimbursement to Credit Enhancer 0.00
Spread Trigger hit? No
Reduction in Certificate Principal Balance
due to Current Class A-1 Liquidation Loss 210,602.83
Amount
Cumulative Investor Liquidation Loss Amount 210,602.83
Total Principal allocable to A-1 4,237,915.72
Beginning Class A-1 Certificate Principal 138,814,364.27
Balance
Ending Class A-1 Certificate Principal Balance 134,576,448.55
Pool Factor (PF) 0.2110473
Servicer Certificate (Page 2 of 3)
Distribution Date: 11/22/99
Retransfer Deposit Amount 0.00
Servicing Fees Distributed 118,389.78
Beg. Accrued and Unpaid Inv. Servicing Fees 0.00
Accrued and Unpaid Inv. Servicing Fees Recv'd 0.00
End. Accrued and Unpaid Inv. Servicing Fees 0.00
Aggregate Investor Liquidation Loss Amount 210,602.83
Investor Loss Reduction Amount 0.00
Beginning Pool Balance 154,194,167.66
Ending Pool Balance 149,938,066.32
Beginning Invested Amount 142,067,733.27
Ending Invested Amount 137,829,817.55
Beginning Seller Principal Balance 12,126,434.39
Ending Seller Principal Balance 12,108,248.77
Additional Balances 221,709.54
Beginning Funding Account Balance 0.00
Ending Funding Account Balance 0.00
Ending Funding Account Balance % (before any 0.00%
purchase of Subsequent Loans or release to
Certs.)
Ending Funding Account Balance % (after 0.00%
purchase of Subsequent Loans or release to
Certs.)
Principal Balance of Subsequent Funding Loans 0.00
Purchased in Period
Principal Collections to purchase Additional 0.00
Balances and/or paid to Cert.
Beginning Pre-Funding Account Balance 0.00
Ending Pre-Funding Account Balance 0.00
Pre-Funding Earnings 0.00
Beginning Capitalized Interest Account 0.00
Capital Interest Requirement (Transferred to 0.00
Collection Account)
Ending Capitalized Interest Account 0.00
Beginning Spread Account Balance 6,506,737.00
Ending Spread Account Balance 6,506,737.00
Beginning Seller Interest 7.8644%
Ending Seller's Interest 8.0755%
3
Delinquency & REO Status
60 - 89 days (Del Stat 2)
No. of Accounts 101
Trust Balance 3,321,432.10
90+ days (Del Stat 3+)
No. of Accounts 203
Trust Balance 6,346,292.92
270+ days (Del Stat 9+)
No. of Accounts 123
Trust Balance 3,709,368.21
REO
No. of Accounts 41
Trust Balance 1,540,740.09
Rapid Amortization Event ? No
Failure to make payment within 5 Business No
Days of Required Date ?
Failure to perform covenant relating to No
Trust's Security Interest ?
Failure to perform other covenants as No
described in the Agreement ?
Breach of Representation or Warranty ? No
Bankruptcy, Insolvency or Receivership No
relating to Seller ?
Subject to Investment Company Act of 1940 No
Regulation ?
Servicing Termination ? No
Aggregate of Credit Enhancement Draw No
Amounts exceed 1% of the Cut-off Balance and
Pre-Funded Amount
Servicer Certificate (Page 3 of 3)
Distribution Date: 11/22/99
Event of Default ? No
Failure by Servicer to make payment within No
5 Bus. Days of Required Date ?
Failure by Servicer to perform covenant No
relating to Trust's Security Interest ?
Failure by Servicer to perform other No
covenants as described in the Agreement?
Bankruptcy, Insolvency or Receivership No
relating to Master Servicer ?
Trigger Event ? No
Policy Fee Distributed to Credit Enhancer N/A
(Paid directly from HFC)
Premium Distributed to Credit Enhancer 0.00
Amount Distributed to Seller 359,665.43
Master Servicer Credit Facility Amount 0.00
Guaranteed Principal Distribution Amount 0.00
Credit Enhancement Draw Amount 0.00
Spread Account Draw Amount 0.00
Capitalized Interest Account Draw 0.00
Amount re-imbursed to Credit Enhancer 0.00
(5.01(a)(vi))
Amount paid to Trustee 0.00
Cumulative Draw under Policy 0.00
Net Yield 4.00%
Total Available Funds
Aggregate Amount of Collections 6,003,206.18
Deposit for principal not used to 0.00
purchase subsequent loans
Interest Earnings on the Pre-Funding 0.00
Account
Deposit from Capitalized Interest Account 0.00
Total 6,003,206.18
4
Application of Available Funds
Servicing Fee 118,389.78
Prinicpal and Interest to Class A-1 4,957,812.80
Seller's portion of Principal and 359,665.43
Interest
Funds deposited into Funding Account 0.00
(Net)
Funds deposited into Spread Account 0.00
Excess funds released to Seller 567,338.17
Total 6,003,206.18
OFFICERS'S CERTIFICATE
All computations reflected in this Servicer
Certificate were
made in conformity with the Pooling and
Servicing Agreement.
The attached Servicing Certificate is true and
correct in all
material respects.
A Servicing Officer
5
Statement to Certificateholders (Page 1 of 2)
Distribution Date: 11/22/99
INVESTOR CERTIFICATES DISTRIBUTION SUMMARY
(PER $1000)
Class A Certificateholder Floating Allocation 92.1356%
Percentage
Class A Certificateholder Fixed Allocation 97.9000%
Percentage
Beginning Class A-1 Certificate Balance 138,814,364.27
Class A-1 Certificate Rate 5.657500%
Class A-1 Certificate Interest Distributed 1.128967
Class A-1 Certificate Interest Shortfall 0.000000
Distributed
Remaining Unpaid Class A-1 Certificate 0.000000
Interest Shortfall
Rapid Amortization Event ? No
Class A-1 Certificate Principal Distributed 6.646043
Maximum Principal Distribution Amount 6.523528
Scheduled Principal Distribution Amount 6.315768
(SPDA)
Accelerated Principal Distribution Amount 0.000000
Aggregate Investor Liquidation Loss Amount 0.330274
Distributed
Total Amount Distributed to Certificateholders 7.775010
Principal Collections deposited into Funding 0.00
Account
Ending Funding Account Balance 0.00
Ending Class A-1 Certificate Balance 134,576,448.55
Class A-1 Factor 0.2110473
Pool Factor (PF) 0.2110473
Unreimbursed Liquidation Loss Amount $0.00
Accrued Interest on Unreimbursed Liquidation $0.00
Loss Amount
Accrued & Unpaid Interest on Unreimbursed $0.00
Liquidation Loss Amount
Class A Servicing Fee 118,389.78
Beginning Invested Amount 142,067,733.27
Ending Invested Amount 137,829,817.55
Beginning Pool Balance 154,194,167.66
Ending Pool Balance 149,938,066.32
Spread Account Draw Amount 0.00
Credit Enhancement Draw Amount 0.00
Statement to Certificateholders (Page 2 of 2)
Distribution Date: 11/22/99
DELINQUENCY & REO STATUS
60 - 89 days (Del Stat 2)
No. of Accounts 101
Trust Balance 3,321,432.10
90+ days (Del Stat 3+)
No. of Accounts 203
Trust Balance 6,346,292.92
6
REO
No. of Accounts 41
Trust Balance 1,540,740.09
Aggregate Liquidation Loss Amount for 204,366.57
Liquidated Loans
Class A-1 Certificate Rate for Next To be updated
Distribution Date
Amount of any Draws on the Policy 0.00
Subsequent Mortgage Loans
No. of Accounts 0.00
Trust Balance 0.00
Pre-Funded Amount (Ending) 0.00
Subsequent Pre-Funding Mortgage Loans
No. of Accounts 0
Trust Balance 0.00
Capitalized Interest Account (Ending) 0.00
Earnings on the Pre-Funding Account 0.00
