[LETTERHEAD OF EQUITY ONE]
EXHIBIT 99.2
January 31, 2000
The Chase Manhattan Bank AMBAC Indemnity Corp. Equity One ABS, Inc.
000 Xxxx 00xx Xxxxxx One State Street Plaza 103 Springer Bldg.
15th Floor 18th Floor 0000 Xxxxxxxxxx Xxxx
Xxx Xxxx, XX 00000 Xxx Xxxx, XX 00000 Xxxxxxxxxx, XX 00000
Attn: Xxxxx Xxxxxx, Account Officer Attn: Xxxxxx Xxxx, VP
RE: Pooling and Servicing Agreement dated as of December 1, 1998
(the "Agreement") for Equity One ABS, Inc.
Mortgage Pass-Through Certificates, Series 1998-1
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Ladies and Gentlemen:
Pursuant to the provisions of the Agreement, I, Xxxx Xxxxx, Assistant Vice
President of Equity One, Inc. Inc. (the "Servicer") do hereby certify as
follows:
1. A review of the activities of the Servicer during the period from
December 1, 1998 through November 30, 1999 and of its performance under
the Agreement has been made under my supervision; and
2. To the best of my knowledge, based on such review, the Servicer has
fulfilled all of its obligations under the Agreement in all material
respects throughout such period.
IN WITNESS WHEREOF, I have hereunto set my hand this 31st day of January
2000.
EQUITY ONE, INC.
/s/ Xxxx Xxxxx
-----------------------------
Xxxx Xxxxx
Assistant Vice President
LB/lv
cc: Xxxxxxxx Xxxxx Xxxxxxx & Xxxxx, LLP
0000 Xxx Xxxxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000-0000
Attn: Xxxxx Xxxxxx, Esquire
- YOUR LOAN SOURCE -
000 Xxxxxxxxxx Xxxx * Suite 230 * Mt. Laurel, NJ 08054
