MORGAN J P COMMERCIAL MORTGAGE FINANCE CORP
8-K, 1999-04-09
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                     Date of report (Date of earliest event
                             reported) April 7, 1999

                  J.P. Morgan Commercial Mortgage Finance Corp.

               (Exact Name of Registrant as Specified in Charter)

   Delaware             333-63589                        13-3789046
(State or Other  (Commission File Number)  (I.R.S. Employer Identification No.)
Jurisdiction of 
Incorporation)


                                 60 Wall Street
                            New York, New York 10260
                        (Address of Principal Executive
                             Offices and Zip Code)

       Registrant's telephone number, including area code (212) 648-3238


Item 5.       Other Events

Filing of Collateral Term Sheets Materials.

     In  connection  with  the  proposed  offering  of J.P.  Morgan  Commercial
Mortgage  Finance Corp. (the  "Company")  Mortgage  Pass-Through  Certificates,
Series 1999-C7, J.P. Morgan Securities Inc., Chase Securities Inc. and Deutsche
Bank Securities Inc.  (collectively,  the "Underwriters") have prepared certain
materials (the  "Collateral  Term Sheets") for  distribution to their potential
investors.   Although  the  Company  provided  the  Underwriters  with  certain
information  regarding the characteristics of the mortgage loans in the related
portfolio,  it did not  participate in the  preparation of the Collateral  Term
Sheets.

     The  Collateral  Term  Sheets are  attached  hereto as Exhibit  99.  These
Collateral Term Sheets  supercede any prior  collateral  information  which may
have been previously filed with the Securities and Exchange Commission.


     Item  7.  Financial  Statements,   Pro  Forma  Financial  Information  and
Exhibits.

(a)      Not applicable.
(b)      Not applicable.
(c)      Exhibits.

     The following is filed herewith.  The exhibit number corresponds with Item
601(b) of Regulation S-K.

        Exhibit No                                            Description

            99                                           Collateral Term Sheets
                                                         Filed on Form SE dated
                                                             April 7, 1999

                                   SIGNATURES

     Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                            J.P. MORGAN COMMERCIAL MORTGAGE
                                                     FINANCE CORP.



                                            By:/s/ Larry Blume
                                               Name:    Larry Blume
                                               Title:   Vice President

Dated:   April 7, 1999


                                 Exhibit Index

             Exhibit                                                      Page

99           Collateral Term Sheets                                        6
             Filed on Form SE dated
             April 7, 1999




              IN ACCORDANCE WITH RULE 202 OF REGULATION S-T, THESE
         COLLATERAL TERM SHEETS ARE BEING FILED IN PAPER PURSUANT TO A
                         CONTINUING HARDSHIP EXEMPTION

                                   EXHIBIT 99

                             COLLATERAL TERM SHEETS

                                      for

                 J.P. MORGAN COMMERCIAL MORTGAGE FINANCE CORP.

               Mortgage Pass-Through Certificates, Series 1999-C7



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