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Previous: CAMBIAR INVESTORS INC, 13F-HR, 2000-02-02 |
Next: MORGAN STANLEY DEAN WITTER UTILITIES FUND, 24F-2NT, 2000-02-02 |
<PAGE>
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: January 25, 2000
CHASE FUNDING, INC.
(formerly known as "Chemical Mortgage Securities, Inc.")
------------------------------------------------------------
(Exact Name of Registrant)
New York 333-64131 13-3436103
- ---------------------------- ------------------------ -------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
343 Thornall Street, Edison, NJ 08837
---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (732) 205-0600
<PAGE>
Item 5. Other Events:
On or about 1/25/2000, Chase Funding, Inc. (the "Depositor") made the
distributions to holders of its Mortgage Loan Asset-Backed Certificates, Series
1999-1, Series 1999-2, Series 1999-3 and Series 1999-4 contemplated by the
applicable Pooling and Servicing Agreement for such Series (collectively, the
"Pooling and Servicing Agreement").
Copies of the Certificateholders' Report with respect to such
distributions delivered pursuant to Section 6.02 of the Pooling and Servicing
Agreement are being filed as exhibits to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibits Description
-------- ---------------
20.1 Monthly Report with respect to the January 25,
2000 distribution
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: February 2, 2000
THE CHASE MANHATTAN BANK,
As Paying Agent, on behalf of
Chase Funding, Inc.
By: /s/ Andrew M. Cooper
-------------------------
Name: Andrew M.Cooper
Title: Trust Officer
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
- ----------- --------------
20.1 Monthly Report with respect to the
distribution to certificateholders on January
25, 2000.
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
Statement to Certificateholders
January 25 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 56,600,000.00 43,073,161.39 1,406,279.33 214,360.77 1,620,640.10 0.00 0.00 41,666,882.06
IA2 23,800,000.00 23,800,000.00 0.00 119,991.67 119,991.67 0.00 0.00 23,800,000.00
IA3 12,900,000.00 12,900,000.00 0.00 68,316.25 68,316.25 0.00 0.00 12,900,000.00
IA4 12,000,000.00 12,000,000.00 0.00 67,800.00 67,800.00 0.00 0.00 12,000,000.00
IA5 13,000,000.00 13,000,000.00 0.00 68,358.33 68,358.33 0.00 0.00 13,000,000.00
IM1 6,987,000.00 6,987,000.00 0.00 39,534.78 39,534.78 0.00 0.00 6,987,000.00
IM2 2,275,000.00 2,275,000.00 0.00 13,716.35 13,716.35 0.00 0.00 2,275,000.00
IB 2,438,000.00 2,438,000.00 0.00 16,994.89 16,994.89 0.00 0.00 2,438,000.00
IIA1 138,650,000.00 100,792,114.49 6,696,509.03 547,346.68 7,243,855.71 0.00 0.00 94,095,605.46
IIA2 58,750,000.00 58,750,000.00 0.00 291,155.21 291,155.21 0.00 0.00 58,750,000.00
IIM1 17,625,000.00 17,625,000.00 0.00 100,255.04 100,255.04 0.00 0.00 17,625,000.00
IIM2 11,750,000.00 11,750,000.00 0.00 71,758.64 71,758.64 0.00 0.00 11,750,000.00
IIB 8,225,000.00 8,225,000.00 0.00 61,163.44 61,163.44 0.00 0.00 8,225,000.00
R 0.00 0.00 0.00 738,976.43 738,976.43 0.00 0.00 0.00
TOTALS 365,000,000.00 313,615,275.88 8,102,788.360 2,419,728.48 10,522,516.84 0.00 0.00 305,512,487.52
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 161551AA4 761.00991855 24.84592456 3.78729276 28.63321731 736.16399399 IA1 5.972000 %
IA2 161551AB2 1,000.00000000 .00000000 5.04166681 5.04166681 1,000.00000000 IA2 6.050000 %
IA3 161551AC0 1,000.00000000 .00000000 5.29583333 5.29583333 1,000.00000000 IA3 6.355000 %
IA4 161551AD8 1,000.00000000 .00000000 5.65000000 5.65000000 1,000.00000000 IA4 6.780000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
Statement to Certificateholders
January 25 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA5 161551AE6 1,000.00000000 .00000000 5.25833308 5.25833308 1,000.00000000 IA5 6.310000 %
IM1 161551AF3 1,000.00000000 .00000000 5.65833405 5.65833405 1,000.00000000 IM1 6.790000 %
IM2 161551AG1 1,000.00000000 .00000000 6.02916484 6.02916484 1,000.00000000 IM2 7.235000 %
IB 161551AH9 1,000.00000000 .00000000 6.97083265 6.97083265 1,000.00000000 IB 8.365000 %
IIA1 161551AJ5 726.95358449 48.29793747 3.94768612 52.24562358 678.65564702 IIA1 6.741250 %
IIA2 161551AK2 1,000.00000000 .00000000 4.95583336 4.95583336 1,000.00000000 IIA2 5.947000 %
IIM1 161551AK2 1,000.00000000 .00000000 5.68822922 5.68822922 1,000.00000000 IIM1 7.061250 %
IIM2 161551AL0 1,000.00000000 .00000000 6.10711830 6.10711830 1,000.00000000 IIM2 7.581250 %
IIB 161551AM8 1,000.00000000 .00000000 7.43628450 7.43628450 1,000.00000000 IIB 9.231250 %
TOTALS 859.21993392 22.19942016 6.62939310 28.82881326 837.02051375
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
January 25 2000
<TABLE>
<S> <C>
Sec. 4.05(a)(i)(A) Group 1 Principal Prepayment Amount 1,298,098.30
Group 2 Principal Prepayment Amount 6,521,264.52
Total Principal Prepayment Amount 7,819,362.82
Sec. 4.05(a)(i)(B) Group 1 Scheduled Principal Amount 108,181.03
Group 2 Scheduled Principal Amount 105,238.07
Total Scheduled Principal Amount 213,419.10
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 0.00
Group 2 Extra Principal Distribution Amount 70,006.44
Total Extra Principal Distribution Amount 70,006.44
Sec. 4.05(a)(iii) Class IA-1 Interest Carryforward Amount 0.00
Class IA-2 Interest Carryforward Amount 0.00
Class IA-3 Interest Carryforward Amount 0.00
Class IA-4 Interest Carryforward Amount 0.00
Class IA-5 Interest Carryforward Amount 0.00
Class IM-1 Interest Carryforward Amount 0.00
Class IM-2 Interest Carryforward Amount 0.00
Class IB Interest Carryforward Amount 0.00
Class IIA-1 Interest Carryforward Amount 0.00
Class IIA-2 Interest Carryforward Amount 0.00
Class IIM-1 Interest Carryforward Amount 0.00
Class IIM-2 Interest Carryforward Amount 0.00
Class IIB Interest Carryforward Amount 0.00
Sec. 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 117,318,161.39
Group 2 Beginning Pool Stated Principal Balance 201,842,114.49
Group 1 Ending Pool Stated Principal Balance 115,911,882.06
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
January 25 2000
<TABLE>
<S> <C>
Group 2 Ending Pool Stated Principal Balance 195,145,605.46
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 48,882.57
Group 2 Subservicer Fee 84,100.88
Total Subservicer Fee 132,983.45
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 889.66
Group 2 Master Servicer Fee 1,530.64
Total Master Servicer Fee 2,420.30
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.45208841 %
Group 2 Net Mortgage Rate 9.30816853 %
Sec. 4.05(a)(x) Group 1 Amount of Advances NA
Group 2 Amount of Advances NA
Total Amount of Advances NA
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Group 2 Cumulative Applied Realized Loss 0.00
Total Cumulative Applied Realized Loss 0.00
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
<CAPTION>
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 37 2,370,087.16 2.04 %
2 Months 11 1,100,624.02 .95 %
3+Months 8 504,558.47 .44 %
Total 56 3,975,269.65 3.43 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
January 25 2000
<TABLE>
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 37 3,550,075.21 1.82 %
2 Months 13 1,564,812.08 .80 %
3+Months 16 1,983,110.23 1.02 %
Total 66.00 7,097,997.52 3.64 %
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 74 5,920,162.37 1.90 %
2 Months 24 2,665,436.10 .86 %
3+Months 24 2,487,668.70 .80 %
Total 122.00 11,073,267.17 3.56 %
<CAPTION>
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
33.00 1,893,740.22 1.63 %
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
29.00 3,075,232.00 1.58 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
62.00 4,968,972.22 3.21 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
January 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C>
12/01/1999 grp2 1094202186 176,870.95
11/01/1999 grp2 1094209072 241,366.40
12/01/1999 grp2 1094225239 28,342.86
10/01/1999 grp2 1094230749 79,541.69
12/01/1999 grp2 1094245600 53,042.34
10/01/1999 grp2 1094248143 44,783.29
12/01/1999 grp2 1096077336 352,694.48
<CAPTION>
Sec. 4.05(xv)& (xvi) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C>
grp2 1096075501 12/22/1999 .00 .00 264,947.94 2
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(xvii) Group 1 Trigger Event NO
Group 2 Trigger Event NO
Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount 0.00
Class IIM-1 Interest Carryover Amount 0.00
Class IIM-2 Interest Carryover Amount 0.00
Class IIB Interest Carryover Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
Statement to Certificateholders
January 25 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 76,619,000.00 66,553,567.93 2,490,685.31 353,374.03 2,844,059.34 0.00 0.00 64,062,882.62
IA2 52,940,000.00 52,940,000.00 0.00 302,640.33 302,640.33 0.00 0.00 52,940,000.00
IA3 5,000,000.00 5,000,000.00 0.00 30,366.67 30,366.67 0.00 0.00 5,000,000.00
IA4 19,441,000.00 19,441,000.00 0.00 122,559.30 122,559.30 0.00 0.00 19,441,000.00
IA5 24,000,000.00 24,000,000.00 0.00 146,660.00 146,660.00 0.00 0.00 24,000,000.00
IM1 9,000,000.00 9,000,000.00 0.00 56,797.50 56,797.50 0.00 0.00 9,000,000.00
IM2 7,500,000.00 7,500,000.00 0.00 49,181.25 49,181.25 0.00 0.00 7,500,000.00
IB 5,500,000.00 5,500,000.00 0.00 40,104.17 40,104.17 0.00 0.00 5,500,000.00
IIA1 323,950,000.00 292,408,440.44 7,641,409.71 1,585,554.31 9,226,964.02 0.00 0.00 284,767,030.73
IIM1 22,800,000.00 22,800,000.00 0.00 127,487.63 127,487.63 0.00 0.00 22,800,000.00
IIM2 18,050,000.00 18,050,000.00 0.00 107,325.43 107,325.43 0.00 0.00 18,050,000.00
IIB 15,200,000.00 15,200,000.00 0.00 111,807.08 111,807.08 0.00 0.00 15,200,000.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 580,000,000.00 538,393,008.37 10,132,095.020 3,033,857.70 13,165,952.72 0.00 0.00 528,260,913.35
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 161551AP1 868.63007779 32.50741082 4.61209400 37.11950482 836.12266696 IA1 6.591250 %
IA2 161551AQ9 1,000.00000000 .00000000 5.71666660 5.71666660 1,000.00000000 IA2 6.860000 %
IA3 161551AR7 1,000.00000000 .00000000 6.07333400 6.07333400 1,000.00000000 IA3 7.288000 %
IA4 161551AS5 1,000.00000000 .00000000 6.30416645 6.30416645 1,000.00000000 IA4 7.565000 %
IA5 161551AT3 1,000.00000000 .00000000 6.11083333 6.11083333 1,000.00000000 IA5 7.333000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
Statement to Certificateholders
January 25 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IM1 161551AU0 1,000.00000000 .00000000 6.31083333 6.31083333 1,000.00000000 IM1 7.573000 %
IM2 161551AV8 1,000.00000000 .00000000 6.55750000 6.55750000 1,000.00000000 IM2 7.869000 %
IB 161551AW6 1,000.00000000 .00000000 7.29166727 7.29166727 1,000.00000000 IB 8.750000 %
IIA1 161551AX4 902.63448199 23.58823803 4.89444146 28.48267949 879.04624396 IIA1 6.731250 %
IIM1 161551AY2 1,000.00000000 .00000000 5.59156272 5.59156272 1,000.00000000 IIM1 6.941250 %
IIM2 161551AZ9 1,000.00000000 .00000000 5.94600720 5.94600720 1,000.00000000 IIM2 7.381250 %
IIB 161551BA3 1,000.00000000 .00000000 7.35572895 7.35572895 1,000.00000000 IIB 9.131250 %
TOTALS 928.26380753 17.46912934 5.23078914 22.69991848 910.79467819
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
January 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(i)(A) Group 1 Principal Prepayment Amount 2,097,540.57
Group 2 Principal Prepayment Amount 6,466,483.67
Total Principal Prepayment Amount 8,564,024.24
Sec. 4.05(a)(i)(B) Group 1 Scheduled Principal Amount 177,855.19
Group 2 Scheduled Principal Amount 180,389.41
Total Scheduled Principal Amount 358,244.60
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 215,289.55
Group 2 Extra Principal Distribution Amount 994,536.63
Total Extra Principal Distribution Amount 1,209,826.18
Sec. 4.05(a)(iii) Class IA-1 Interest Carryforward Amount 0.00
Class IA-2 Interest Carryforward Amount 0.00
Class IA-3 Interest Carryforward Amount 0.00
Class IA-4 Interest Carryforward Amount 0.00
Class IA-5 Interest Carryforward Amount 0.00
Class IM-1 Interest Carryforward Amount 0.00
Class IM-2 Interest Carryforward Amount 0.00
Class IB Interest Carryforward Amount 0.00
Class IIA-1 Interest Carryforward Amount 0.00
Class IIM-1 Interest Carryforward Amount 0.00
Class IIM-2 Interest Carryforward Amount 0.00
Class IIB Interest Carryforward Amount 0.00
Sec. 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 192,219,278.38
Group 2 Beginning Pool Stated Principal Balance 353,900,987.16
Group 1 Ending Pool Stated Principal Balance 189,943,882.62
Group 2 Ending Pool Stated Principal Balance 347,254,114.08
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
January 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 80,091.37
Group 2 Subservicer Fee 147,458.74
Total Subservicer Fee 227,550.11
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 1,169.33
Group 2 Master Servicer Fee 2,152.90
Total Master Servicer Fee 3,322.23
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.42780069 %
Group 2 Net Mortgage Rate 9.26873857 %
Sec. 4.05(a)(x) Group 1 Amount of Advances 0.00
Group 2 Amount of Advances 0.00
Total Amount of Advances 0.00
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Group 2 Cumulative Applied Realized Loss 0.00
Total Cumulative Applied Realized Loss 0.00
<CAPTION>
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 51 4,302,803.84 2.27 %
2 Months 20 1,247,908.76 .66 %
3+Months 10 974,771.26 .51 %
Total 81 6,525,483.86 3.44 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
January 25 2000
<TABLE>
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 46 4,487,976.76 1.29 %
2 Months 26 3,219,084.99 .93 %
3+Months 2 584,254.28 .17 %
Total 74.00 8,291,316.03 2.39 %
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 97 8,790,780.60 1.64 %
2 Months 46 4,466,993.75 .83 %
3+Months 12 1,559,025.54 .29 %
Total 155.00 14,816,799.89 2.76 %
<CAPTION>
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
25.00 2,022,707.52 1.06 %
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
42.00 5,447,401.69 1.57 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
67.00 7,470,109.21 2.63 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
January 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
1.00 51,800.00 .03 %
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
2.00 83,650.00 .02 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
3.00 135,450.00 .05 %
<CAPTION>
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<C> <S> <C>
12/01/1999 1097048548 GRP1 51,721.02
12/01/1999 1094260852 GRP2 37,383.40
12/01/1999 1095157203 GRP2 46,007.33
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 0.00
Group 2 Aggregate Principal Balance of Liquidated Loans 0.00
Total Aggregate Principal Balance of Liquidated Loans 0.00
Sec. 4.05(a)(xvii) Group 1 Trigger Event NO
Group 2 Trigger Event NO
Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
January 25 2000
<TABLE>
<S> <C>
Class IIM-1 Interest Carryover Amount 0.00
Class IIM-2 Interest Carryover Amount 0.00
Class IIB Interest Carryover Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
Statement to Certificateholders
January 25 2000
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 44,000,000.00 42,929,308.98 1,532,659.13 231,742.25 1,764,401.38 0.00 0.00 41,396,649.85
IA2 20,000,000.00 20,000,000.00 0.00 117,700.00 117,700.00 0.00 0.00 20,000,000.00
IA3 16,500,000.00 16,500,000.00 0.00 98,725.00 98,725.00 0.00 0.00 16,500,000.00
IA4 18,000,000.00 18,000,000.00 0.00 113,760.00 113,760.00 0.00 0.00 18,000,000.00
IA5 10,850,000.00 10,850,000.00 0.00 70,886.67 70,886.67 0.00 0.00 10,850,000.00
IA6 12,150,000.00 12,150,000.00 0.00 75,714.75 75,714.75 0.00 0.00 12,150,000.00
IM1 6,750,000.00 6,750,000.00 0.00 44,122.50 44,122.50 0.00 0.00 6,750,000.00
IM2 3,712,000.00 3,712,000.00 0.00 26,061.33 26,061.33 0.00 0.00 3,712,000.00
IB 3,038,000.00 3,038,000.00 0.00 22,785.00 22,785.00 0.00 0.00 3,038,000.00
IIA1 207,025,000.00 201,041,261.46 2,953,580.58 1,103,081.29 4,056,661.87 0.00 0.00 198,087,680.88
IIB 11,025,000.00 11,025,000.00 0.00 81,985.04 81,985.04 0.00 0.00 11,025,000.00
IIM1 15,925,000.00 15,925,000.00 0.00 91,483.04 91,483.04 0.00 0.00 15,925,000.00
IIM2 11,025,000.00 11,025,000.00 0.00 67,686.23 67,686.23 0.00 0.00 11,025,000.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 380,000,000.00 372,945,570.44 4,486,239.710 2,145,733.10 6,631,972.81 0.00 0.00 368,459,330.73
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 161551BB1 975.66611318 34.83316205 5.26686932 40.10003136 940.83295114 IA1 6.701250 %
IA2 161551BC9 1,000.00000000 .00000000 5.88500000 5.88500000 1,000.00000000 IA2 7.062000 %
IA3 161551BD7 1,000.00000000 .00000000 5.98333333 5.98333333 1,000.00000000 IA3 7.180000 %
IA4 161551BE5 1,000.00000000 .00000000 6.32000000 6.32000000 1,000.00000000 IA4 7.584000 %
IA5 161551BF2 1,000.00000000 .00000000 6.53333364 6.53333364 1,000.00000000 IA5 7.840000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
Statement to Certificateholders
January 25 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA6 161551BG0 1,000.00000000 .00000000 6.23166667 6.23166667 1,000.00000000 IA6 7.478000 %
IM1 161551BH8 1,000.00000000 .00000000 6.53666667 6.53666667 1,000.00000000 IM1 7.844000 %
IM2 161551BJ4 1,000.00000000 .00000000 7.02083244 7.02083244 1,000.00000000 IM2 8.425000 %
IB 161551BK1 1,000.00000000 .00000000 7.50000000 7.50000000 1,000.00000000 IB 9.000000 %
IIA1 161551BL9 971.09654129 14.26678218 5.32825161 19.59503379 956.82975911 IIA1 6.811250 %
IIB 161551BM7 1,000.00000000 .00000000 7.43628481 7.43628481 1,000.00000000 IIB 9.231250 %
IIM1 161551BN5 1,000.00000000 .00000000 5.74461790 5.74461790 1,000.00000000 IIM1 7.131250 %
IIM2 161551BP0 1,000.00000000 .00000000 6.13934059 6.13934059 1,000.00000000 IIM2 7.621250 %
TOTALS 981.43571168 11.80589397 5.64666605 17.45256003 969.62981771
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
January 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(i)(A) Group 1 Principal Prepayment Amount 1,179,595.94
Group 2 Principal Prepayment Amount 2,323,607.39
Total Principal Prepayment Amount 3,503,203.33
Sec. 4.05(a)(i)(B) Group 1 Scheduled Principal Amount 110,287.75
Group 2 Scheduled Principal Amount 118,581.18
Total Scheduled Principal Amount 228,868.93
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 242,775.44
Group 2 Extra Principal Distribution Amount 511,392.01
Total Extra Principal Distribution Amount 754,167.45
Sec. 4.05(a)(iii) Class IA-1 Interest Carryforward Amount 0.00
Class IA-2 Interest Carryforward Amount 0.00
Class IA-3 Interest Carryforward Amount 0.00
Class IA-4 Interest Carryforward Amount 0.00
Class IA-5 Interest Carryforward Amount 0.00
Class IA-6 Interest Carryforward Amount 0.00
Class IM-1 Interest Carryforward Amount 0.00
Class IM-2 Interest Carryforward Amount 0.00
Class IB Interest Carryforward Amount 0.00
Class IIA-1 Interest Carryforward Amount 0.00
Class IIM-1 Interest Carryforward Amount 0.00
Class IIM-2 Interest Carryforward Amount 0.00
Class IIB Interest Carryforward Amount 0.00
Sec. 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 133,976,337.56
Group 2 Beginning Pool Stated Principal Balance 240,737,530.29
Group 1 Ending Pool Stated Principal Balance 132,686,453.87
Group 2 Ending Pool Stated Principal Balance 238,295,341.72
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
January 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 55,823.47
Group 2 Subservicer Fee 100,307.30
Total Subservicer Fee 156,130.77
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 1,015.99
Group 2 Master Servicer Fee 1,825.59
Total Master Servicer Fee 2,841.58
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.35334966 %
Group 2 Net Mortgage Rate 9.24971196 %
Sec. 4.05(a)(x) Group 1 Amount of Advances 0.00
Group 2 Amount of Advances 0.00
Total Amount of Advances 0.00
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Group 2 Cumulative Applied Realized Loss 0.00
Total Cumulative Applied Realized Loss 0.00
<CAPTION>
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 24 1,613,884.96 1.22 %
2 Months 5 319,959.80 .24 %
3+Months 1 144,000.00 .11 %
Total 30 2,077,844.76 1.57 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
January 25 2000
<TABLE>
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 18 1,739,892.31 .73 %
2 Months 7 1,142,243.99 .48 %
3+Months 1 67,680.00 .03 %
Total 26.00 2,949,816.30 1.24 %
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 42 3,353,777.27 .90 %
2 Months 12 1,462,203.79 .39 %
3+Months 2 211,680.00 .06 %
Total 56.00 5,027,661.06 1.35 %
<CAPTION>
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
5.00 396,813.17 .30 %
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
8.00 777,615.40 .33 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
13.00 1,174,428.57 .63 %
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
January 25 2000
<TABLE>
<CAPTION>
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
.00 .00 .00 %
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
.00 .00 .00 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
.00 .00 .00 %
<CAPTION>
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 0.00
Group 2 Aggregate Principal Balance of Liquidated Loans 0.00
Total Aggregate Principal Balance of Liquidated Loans 0.00
Sec. 4.05(a)(xvii) Group 1 Trigger Event NO
Group 2 Trigger Event NO
Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount 0.00
Class IIM-1 Interest Carryover Amount 0.00
Class IIM-2 Interest Carryover Amount 0.00
Class IIB Interest Carryover Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1 of 7
- --------------------------------------------------------------------------------
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4
Statement to Certificateholders
January 25, 2000
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
- ------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 43,000,000.00 43,000,000.00 417,234.34 270,104.50 687,338.8 0.00 0.00 42,582,765.66
IA2 18,500,000.00 18,500,000.00 0.00 109,766.67 109,766.6 0.00 0.00 18,500,000.00
IA3 18,500,000.00 18,500,000.00 0.00 110,907.50 110,907.5 0.00 0.00 18,500,000.00
IA4 16,000,000.00 16,000,000.00 0.00 99,920.00 99,920.0 0.00 0.00 16,000,000.00
IA5 11,640,000.00 11,640,000.00 0.00 75,116.80 75,116.8 0.00 0.00 11,640,000.00
IA6 11,960,000.00 11,960,000.00 0.00 73,823.10 73,823.1 0.00 0.00 11,960,000.00
IM1 4,550,000.00 4,550,000.00 0.00 29,320.96 29,320.9 0.00 0.00 4,550,000.00
IM2 2,925,000.00 2,925,000.00 0.00 20,172.75 20,172.7 0.00 0.00 2,925,000.00
IB 2,925,000.00 2,925,000.00 0.00 21,937.50 21,937.5 0.00 0.00 2,925,000.00
IIA1 205,200,000.00 205,200,000.00 1,205,680.23 1,310,281.80 2,515,962.0 0.00 0.00 203,994,319.77
IIM1 14,760,000.00 14,760,000.00 0.00 103,309.34 103,309.3 0.00 0.00 14,760,000.00
IIM2 10,440,000.00 10,440,000.00 0.00 73,072.46 73,072.4 0.00 0.00 10,440,000.00
IIB 9,600,000.00 9,600,000.00 0.00 64,019.73 64,019.7 0.00 0.00 9,600,000.00
R 0.00 0.00 0.00 479,877.89 479,877.8 0.00 0.00 0.00
- ------------------------------------------------------------------------------------------------------------------
TOTALS 370,000,000.00 370,000,000.00 1,622,914.57 2,841,631.00 4,464,545.5 0.00 0.00 368,377,085.43
- ------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------- ------------------
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
- -------------------------------------------------------------------------------------- ------------------
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
- -------------------------------------------------------------------------------------- ------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 161551BQ8 1,000.00000000 9.70312419 6.28150000 15.98462419 990.29687581 IA1 6.651000 %
IA2 161551BR6 1,000.00000000 0.00000000 5.93333351 5.93333351 1,000.00000000 IA2 7.120000 %
IA3 161551BS4 1,000.00000000 0.00000000 5.99500000 5.99500000 1,000.00000000 IA3 7.194000 %
IA4 161551BT2 1,000.00000000 0.00000000 6.24500000 6.24500000 1,000.00000000 IA4 7.494000 %
IA5 161551BU9 1,000.00000000 0.00000000 6.45333333 6.45333333 1,000.00000000 IA5 7.744000 %
IA6 161551BV7 1,000.00000000 0.00000000 6.17250000 6.17250000 1,000.00000000 IA6 7.407000 %
IM1 161551BW5 1,000.00000000 0.00000000 6.44416703 6.44416703 1,000.00000000 IM1 7.733000 %
IM2 161551BX3 1,000.00000000 0.00000000 6.89666667 6.89666667 1,000.00000000 IM2 8.276000 %
IB 161551BY1 1,000.00000000 0.00000000 7.50000000 7.50000000 1,000.00000000 IB 9.000000 %
IIA1 161551BZ8 1,000.00000000 5.87563465 6.38538889 12.26102354 994.12436535 IIA1 6.761000 %
IIM1 161551CA2 1,000.00000000 0.00000000 6.99927778 6.99927778 1,000.00000000 IIM1 7.411000 %
IIM2 161551CB0 1,000.00000000 0.00000000 6.99927778 6.99927778 1,000.00000000 IIM2 7.411000 %
IIB 161551CC8 1,000.00000000 0.00000000 6.66872188 6.66872188 1,000.00000000 IIB 7.061000 %
- -------------------------------------------------------------------------------------- ------------------
TOTALS 1,000.00000000 4.38625559 7.68008378 12.06633938 995.61374441
- --------------------------------------------------------------------------------------
</TABLE>
[Image] (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
Page 3 of 7
- --------------------------------------------------------------------------------
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4
January 25, 2000
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,023,813.59
Sec 4.05(a)(vi) Group 1 Master Servicing Fee 946.25
Group 1 Servicing Fee 51,988.77
Group 1 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 111,183.12
Curtailments 59,105.12
Prepayments 246,946.10
Liquidations 0.00
Repurchases 0.00
Substitution principal 0.00
Group 1 Extra Principal Paid 0.00
Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 0.00
Cumulative Group 1 Realized Loss 0.00
Current Group 1 Applied Realized Loss 0.00
Cumulative Group 1 Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances NA
Group 1 Principal Advances NA
Group 1 Nonrecoverable Interest Advances 0.00
Group 1 Nonrecoverable Principal Advances 0.00
Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 130,006,848.10
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 129,589,613.76
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.35213107 %
Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO
Sec. 4.05(a)(xxii) Current Months:
Number of Group 1 Loans Modified 0
Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0
Number of Group 1 Loans For Which a Short Payoff Occurred 0
Number of Group 1 Loans Repurchased 0
Balance of Group 1 Loans Repurchased 0.00
Sec. 4.05(a)(xxiii) Year To Date:
Number of Group 1 Loans Modified 0
Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0
Number of Group 1 Loans For Which a Short Payoff Occurred 0
Number of Group 1 Loans Repurchased 0
Balance of Group 1 Loans Repurchased 0.00
</TABLE>
[Image] (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
Page 4 of 7
- --------------------------------------------------------------------------------
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4
January 25, 2000
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00
Beginning Class IA-2 Interest Carryforward Amount 0.00
Beginning Class IA-3 Interest Carryforward Amount 0.00
Beginning Class IA-4 Interest Carryforward Amount 0.00
Beginning Class IA-5 Interest Carryforward Amount 0.00
Beginning Class IA-6 Interest Carryforward Amount 0.00
Beginning Class IM-1 Interest Carryforward Amount 0.00
Beginning Class IM-2 Interest Carryforward Amount 0.00
Beginning Class IB Interest Carryforward Amount 0.00
Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00
Class IA-2 Interest Carryforward Amount Paid 0.00
Class IA-3 Interest Carryforward Amount Paid 0.00
Class IA-4 Interest Carryforward Amount Paid 0.00
Class IA-5 Interest Carryforward Amount Paid 0.00
Class IA-6 Interest Carryforward Amount Paid 0.00
Class IM-1 Interest Carryforward Amount Paid 0.00
Class IM-2 Interest Carryforward Amount Paid 0.00
Class IB Interest Carryforward Amount Paid 0.00
Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00
Ending Class IA-2 Interest Carryforward Amount 0.00
Ending Class IA-3 Interest Carryforward Amount 0.00
Ending Class IA-4 Interest Carryforward Amount 0.00
Ending Class IA-5 Interest Carryforward Amount 0.00
Ending Class IA-6 Interest Carryforward Amount 0.00
Ending Class IM-1 Interest Carryforward Amount 0.00
Ending Class IM-2 Interest Carryforward Amount 0.00
Ending Class IB Interest Carryforward Amount 0.00
</TABLE>
[Image] (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
Page 5 of 7
- --------------------------------------------------------------------------------
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4
January 25, 2000
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,971,480.86
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 1,800.51
Group 2 Servicing Fee 98,927.93
Group 2 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 109,225.39
Curtailments 22,826.39
Prepayments 1,073,628.45
Liquidations 0.00
Repurchases 0.00
Substitution principal 0.00
Group 2 Extra Principal Paid 0.00
Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 0.00
Cumulative Group 2 Realized Loss 0.00
Current Group 2 Applied Realized Loss 0.00
Cumulative Group 2 Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances NA
Group 2 Principal Advances NA
Group 2 Nonrecoverable Interest Advances 0.00
Group 2 Nonrecoverable Principal Advances 0.00
Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 240,001,235.21
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 238,795,554.98
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.45306645 %
Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO
Sec. 4.05(a)(xxi)&(xxii) Current Months:
Number of Group 2 Loans Modified 0
Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0
Number of Group 2 Loans For Which a Short Payoff Occurred 0
Number of Group 2 Loans Repurchased 0
Balance of Group 2 Loans Repurchased 0.00
Sec. 4.05(a)(xxiii) Year To Date:
Number of Group 2 Loans Modified 0
Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0
Number of Group 2 Loans For Which a Short Payoff Occurred 0
Number of Group 2 Loans Repurchased 0
Balance of Group 2 Loans Repurchased 0.00
</TABLE>
[Image] (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
Page 6 of 7
- --------------------------------------------------------------------------------
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4
January 25, 2000
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00
Beginning Class IIM-1 Interest Carryforward Amount 0.00
Beginning Class IIM-2 Interest Carryforward Amount 0.00
Beginning Class IIB Interest Carryforward Amount 0.00
Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00
Class IIM-1 Interest Carryforward Amount Paid 0.00
Class IIM-2 Interest Carryforward Amount Paid 0.00
Class IIB Interest Carryforward Amount Paid 0.00
Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00
Ending Class IIM-1 Interest Carryforward Amount 0.00
Ending Class IIM-2 Interest Carryforward Amount 0.00
Ending Class IIB Interest Carryforward Amount 0.00
Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00
Beginning Class IIM-1 Interest Carryover Amount 0.00
Beginning Class IIM-2 Interest Carryover Amount 0.00
Beginning Class IIB Interest Carryover Amount 0.00
Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00
Class IIM-1 Interest Carryover Amount Paid 0.00
Class IIM-2 Interest Carryover Amount Paid 0.00
Class IIB Interest Carryover Amount Paid 0.00
Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00
Ending Class IIM-1 Interest Carryover Amount 0.00
Ending Class IIM-2 Interest Carryover Amount 0.00
Ending Class IIB Interest Carryover Amount 0.00
</TABLE>
[Image] (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
Page 7 of 7
- --------------------------------------------------------------------------------
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4
January 25, 2000
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
=====================================================
Group 1
-----------------------------------------------------
Category Number Principal Balance Percentage
-----------------------------------------------------
<S> <C> <C> <C>
1 Month 5 358,711.39 0.28 %
-----------------------------------------------------
2 Months 0 0.00 0.00 %
-----------------------------------------------------
3+Months 0 0.00 0.00 %
-----------------------------------------------------
Total 5 358,711.39 0.28 %
=====================================================
<CAPTION>
=====================================================
Group 2
-----------------------------------------------------
Category Number Principal Balance Percentage
-----------------------------------------------------
<S> <C> <C> <C>
1 Month 2 190,697.43 0.08 %
-----------------------------------------------------
2 Months 0 0.00 0.00 %
-----------------------------------------------------
3+Months 0 0.00 0.00 %
-----------------------------------------------------
Total 2 190,697.43 0.08 %
=====================================================
<CAPTION>
=====================================================
Group Totals
-----------------------------------------------------
Category Number Principal Balance Percentage
-----------------------------------------------------
<S> <C> <C> <C>
1 Month 7 549,408.82 0.15 %
-----------------------------------------------------
2 Months 0 0.00 0.00 %
-----------------------------------------------------
3+ Months 0 0.00 0.00 %
-----------------------------------------------------
Total 7 549,408.82 0.15 %
=====================================================
<CAPTION>
Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
<CAPTION>
=========================================
Group 1
-----------------------------------------
Number Principal Balance Percentage
-----------------------------------------
<S> <C> <C>
0 0.00 0.00 %
=========================================
<CAPTION>
=========================================
Group 2
-----------------------------------------
Number Principal Balance Percentage
-----------------------------------------
<S> <C> <C>
0 0.00 0.00 %
=========================================
<CAPTION>
=========================================
Group Totals
-----------------------------------------
Number Principal Balance Percentage
-----------------------------------------
<S> <C> <C>
0 0.00 0.00 %
=========================================
</TABLE>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
Sec. 4.05(xvii) Liquidated Loans this Period
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