<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: March 27, 2000
CHASE FUNDING, INC.
(formerly known as "Chemical Mortgage Securities, Inc.")
-------------------------------------------------------------------------------
(Exact Name of Registrant)
<TABLE>
<S> <C> <C>
New York 333-64131 13-3436103
- ------------------------------ ------------------------------- --------------------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
</TABLE>
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 3/27/2000, 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 March 27, 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: April 5, 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 March 27, 2000.
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
Statement to Certificateholders
March 27 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 56,600,000.00 40,280,392.71 1,441,795.15 200,462.09 1,642,257.24 0.00 0.00 38,838,597.56
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 87,914,380.46 4,933,562.75 464,728.24 5,398,290.99 0.00 0.00 82,980,817.71
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 98,024.99 98,024.99 0.00 0.00 17,625,000.00
IIM2 11,750,000.00 11,750,000.00 0.00 70,611.38 70,611.38 0.00 0.00 11,750,000.00
IIB 8,225,000.00 8,225,000.00 0.00 61,114.32 61,114.32 0.00 0.00 8,225,000.00
R 0.00 0.00 0.00 700,366.77 700,366.77 0.00 0.00 0.00
TOTALS 365,000,000.00 297,944,773.17 6,375,357.900 2,281,175.27 8,656,533.17 0.00 0.00 291,569,415.27
</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 161551AA4 711.66771572 25.47341254 3.54173304 29.01514558 686.19430318 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
March 27 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 634.07414684 35.58285431 3.35180844 38.93466275 598.49129254 IIA1 6.138750%
IIA2 161551AK2 1,000.00000000 .00000000 4.95583336 4.95583336 1,000.00000000 IIA2 5.947000%
IIM1 161551AK2 1,000.00000000 .00000000 5.56170156 5.56170156 1,000.00000000 IIM1 6.458750%
IIM2 161551AL0 1,000.00000000 .00000000 6.00947915 6.00947915 1,000.00000000 IIM2 6.978750%
IIB 161551AM8 1,000.00000000 .00000000 7.43031246 7.43031246 1,000.00000000 IIB 8.628750%
TOTALS 816.28704978 17.46673397 6.24979526 23.71652923 798.82031581
</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
March 27 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(ii) Group 1 Scheduled Interest 949,661.63
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 868.48
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 47,718.91
Sec. 4.05(i) Group 1 Scheduled Principal 108,405.40
Group 1 Curtailments 10,926.44
Group 1 Prepayments 1,232,920.12
Group 1 Liquidations 89,486.03
Group 1 Repurchases 0.00
Group 1 Substitution principal 0.00
Group 1 Extra Principal Distribution Amount 18,451.98
Sec. 4.05(a)(xi) Group 1 Current Realized Loss 18,451.98
Sec. 4.05(a)(xi) Group 1 Cumulative Realized Loss 21,939.97
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 307,180.75
Group 1 Principal Advances 30,849.18
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 114,525,392.71
Group 1 Ending Pool Stated Principal Balance 113,083,597.56
Group 1 Net Mortgage Rate 9.44147754%
Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
March 27 2000
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
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
March 27 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(ii) Group 2 Scheduled Interest 1,558,350.65
Group 2 Master Servicer Fee 1,432.98
Group 2 Subservicer Fee 78,735.16
Sec. 4.05(i) Group 2 Scheduled Principal 98,968.60
Group 2 Curtailments 53,756.17
Group 2 Prepayments 4,486,248.39
Group 2 Liquidations 294,144.19
Group 2 Repurchases 0.00
Group 2 Substitution principal 0.00
Group 2 Extra Principal Distribution Amount 79,623.48
Sec. 4.05(a)(xi) Group 2 Current Realized Loss 78,971.65
Sec. 4.05(a)(xi) Group 2 Cumulative Realized Loss 218,165.08
Sec. 4.05(a)(xi) Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 602,515.74
Group 2 Principal Advances 37,753.57
Group 2 Nonrecoverable Interest Advances 6.03
Group 2 Nonrecoverable Principal Advances 651.83
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
March 27 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 188,964,380.46
Group 2 Ending Pool Stated Principal Balance 184,030,817.71
Group 2 Net Mortgage Rate 9.38705429 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
March 27 2000
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans
in Delinquency
Group 1
Principal
Category Number Balance Percentage
1 Month 37 2,999,831.93 2.65%
2 Months 12 806,729.53 .71%
3+Months 9 521,570.16 .46%
Total 58 4,328,131.62 3.82%
Group 2
Principal
Category Number Balance Percentage
1 Month 36 4,182,527.10 2.27%
2 Months 11 1,149,673.67 .62%
3+Months 13 1,708,404.53 .93%
Total 60.00 7,040,605.30 3.82%
Group Totals
Principal
Category Number Balance Percentage
1 Month 73 7,182,359.03 2.42%
2 Months 23 1,956,403.20 .66%
3+Months 22 2,229,974.69 .75%
Total 118.00 11,368,736.92 3.83%
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans
in Foreclosure
Group 1
Principal
Number Balance Percentage
37.00 2,417,096.25 2.14%
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
March 27 2000
Group 2
Principal
Number Balance Percentage
41.00 4,625,273.73 2.51%
Group Totals
Principal
Number Balance Percentage
78.00 7,042,369.98 4.65%
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
REO PROPERTY
DATE LOAN PRINCIPAL
BECOME REO NUMBER BALANCE
06/01/1999 grp1 1875007905 72,124.11
12/01/1999 grp2 1094202186 178,035.40
03/01/1999 grp2 1094244969 81,000.00
10/01/1999 grp2 1094248143 44,981.13
12/01/1999 grp2 1096077336 354,028.26
04/01/1999 grp2 1852000317 67,433.33
Group 1 REO Loan Count
Group 1 REO Loan Balance
Group 2 REO Loan Count
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
March 27 2000
Group 2 REO Loan Balance
Total REO Loan Count
Aggregate REO Loan Balance
Sec. 4.05(xv)& (xvi) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
grp1 1094222004 02/11/2000 .00 .00 89,486.03 1
grp2 1094209072 02/24/2000 .00 .00 241,145.64 2
grp2 1094245600 02/23/2000 .00 .00 52,998.66 2
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Statement to Certificateholders
March 27 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 76,619,000.00 62,987,525.83 1,474,133.90 324,825.36 1,798,959.26 0.00 0.00 61,513,391.93
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 323,950,000.00 279,311,415.10 6,141,441.32 1,474,075.69 7,615,517.01 0.00 0.00 273,169,973.78
IIM1 22,800,000.00 22,800,000.00 0.00 124,450.79 124,450.79 0.00 0.00 22,800,000.00
IIM2 18,050,000.00 18,050,000.00 0.00 105,362.49 105,362.49 0.00 0.00 18,050,000.00
IIB 15,200,000.00 15,200,000.00 0.00 111,631.86 111,631.86 0.00 0.00 15,200,000.00
R 0.00 0.00 0.00 1,173,421.18 1,173,421.18 0.00 0.00 0.00
TOTALS 580,000,000.00 521,729,940.93 7,615,575.220 4,062,076.59 11,677,651.81 0.00 0.00 514,114,365.71
</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 161551AP1 822.08754787 19.23979561 4.23948838 23.47928399 802.84775225 IA1 5.988750%
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
March 27 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 862.20532520 18.95799142 4.55031854 23.50830996 843.24733379 IIA1 6.128750%
IIM1 161551AY2 1,000.00000000 .00000000 5.45836798 5.45836798 1,000.00000000 IIM1 6.338750%
IIM2 161551AZ9 1,000.00000000 .00000000 5.83725706 5.83725706 1,000.00000000 IIM2 6.778750%
IIB 161551BA3 1,000.00000000 .00000000 7.34420132 7.34420132 1,000.00000000 IIB 8.528750%
TOTALS 899.53438091 13.13030210 7.00358033 20.13388243 886.40407881
</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
March 27 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 1 Gross Scheduled Interest 1,562,300.37
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 1,148.95
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 78,695.22
Sec. 4.05(i)(A)&(B) Group 1 Scheduled Principal 178,889.89
Group 1 Curtailments 20,920.88
Group 1 Prepayments 1,222,757.31
Group 1 Liquidations 51,693.57
Group 1 Repurchases 0.00
Group 1 Subsitution princial 0.00
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 13,716.78
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 494,862.93
Group 1 Principal Advances 47,344.83
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 188,868,525.83
Group 1 Ending Pool Stated Principal Balance 187,394,391.93
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.41897309%
Sec. 4.05(a)(xvii) Group 1 Trigger Event NO
Sec. 4.05(a)(iii) Class IA-1 Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
March 27 2000
<TABLE>
<S> <C> <C>
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
March 27 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 2 Gross Scheduled Interest 2,786,699.36
Sec. 4.05(a)(vii) Group 2 Master Servicer Fee 2,080.57
Sec. 4.05(a)(vi) Group 2 Subservicer Fee 142,504.76
Sec. 4.05(i)(A)&(B) Group 2 Scheduled Principal 178,333.04
Group 2 Curtailments 16,805.63
Group 2 Prepayments 5,674,488.50
Group 2 Liquidations 271,824.41
Group 2 Repurchases 0.00
Group 2 Subsitution princial 0.00
Sec. 4.05(a)(i)(C) Group 2 Extra Principal Distribution Amount 48,776.86
Sec. 4.05(a)(xi) Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 995,066.85
Group 2 Principal Advances 62,265.35
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 342,011,415.10
Group 2 Ending Pool Stated Principal Balance 335,869,973.78
Sec. 4.05(a)(ix) Group 2 Net Mortgage Rate 9.27026626%
Sec. 4.05(a)(xvii) Group 2 Trigger Event NO
Sec. 4.05(a)(iii) Class IIA-1 Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
March 27 2000
<TABLE>
<S> <C> <C>
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)(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 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
March 27 2000
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in
Delinquency
Group 1
Principal
Category Number Balance Percentage
1 Month 58 5,129,195.00 2.74%
2 Months 11 1,286,646.00 .69%
3+Months 11 945,302.13 .50%
Total 80 7,361,143.13 3.93%
Group 2
Principal
Category Number Balance Percentage
1 Month 50 6,106,043.23 1.82%
2 Months 21 2,389,762.76 .71%
3+Months 8 915,772.42 .27%
Total 79.00 9,411,578.41 2.80%
Group Totals
Principal
Category Number Balance Percentage
1 Month 108 11,235,238.23 2.15%
2 Months 32 3,676,408.76 .70%
3+Months 19 1,861,074.55 .36%
Total 159.00 16,772,721.54 3.21%
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans
in Foreclosure
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
March 27 2000
Group 1
Principal
Number Balance Percentage
46.00 3,680,891.80 1.96%
Group 2
Principal
Number Balance Percentage
62.00 7,948,278.77 2.37%
Group Totals
Principal
Number Balance Percentage
108.00 11,629,170.57 4.33%
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
Group 1
Principal
Number Balance Percentage
.00 .00 .00%
Group 2
Principal
Number Balance Percentage
1.00 46,150.00 .01%
Group Totals
Principal
Number Balance Percentage
1.00 46,150.00 .01%
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
March 27 2000
REO PROPERTY
DATE BECOME LOAN PRINCIPAL
REO NUMBER BALANCE
12/01/1999 1095157203 GRP2 46,150.00
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xiv) Group 1 REO Loan Count 0.00
Sec. 4.05(a)(xiv) Group 1 REO Loan Balance 0.00
Sec. 4.05(a)(xiv) Group 2 REO Loan Count 1.00
Sec. 4.05(a)(xiv) Group 2 REO Loan Balance 46,150.00
Sec. 4.05(a)(xv) Total REO Loan Count 1.00
Sec. 4.05(a)(xv) Aggregate REO Loan Balance 46,150.00
</TABLE>
Sec. 4.05(xvii) Liquidated Loans this Period
<TABLE>
<CAPTION>
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
1097048548 GRP1 02/23/2000 .00 .00 51,693.57 1
1094260852 GRP2 02/23/2000 .00 .00 37,352.93 2
1094268242 GRP2 02/29/2000 .00 .00 143,425.54 2
1095080460 GRP2 02/23/2000 .00 .00 91,045.94 2
</TABLE>
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 51,693.57
Group 2 Aggregate Principal Balance of Liquidated Loans 271,824.41
Total Aggregate Principal Balance of Liquidated Loans 323,517.98
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
Statement to Certificateholders
March 27 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 44,000,000.00 40,262,957.22 949,155.71 211,449.03 1,160,604.74 0.00 0.00 39,313,801.51
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 207,025,000.00 194,466,140.20 2,737,197.04 1,039,698.36 3,776,895.40 0.00 0.00 191,728,943.16
IIB 11,025,000.00 11,025,000.00 0.00 81,919.20 81,919.20 0.00 0.00 11,025,000.00
IIM1 15,925,000.00 15,925,000.00 0.00 89,530.02 89,530.02 0.00 0.00 15,925,000.00
IIM2 11,025,000.00 11,025,000.00 0.00 66,634.26 66,634.26 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 380,000,000.00 363,704,097.42 3,686,352.750 2,058,986.12 5,745,338.87 0.00 0.00 360,017,744.67
</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 915.06720955 21.57172068 4.80565977 26.37738045 893.49548886 IA1 6.098750%
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
March 27 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 939.33650622 13.22157730 5.02209086 18.24366816 926.11492892 IIA1 6.208750%
IIB 161551BM7 1,000.00000000 .00000000 7.43031293 7.43031293 1,000.00000000 IIB 8.628750%
IIM1 161551BN5 1,000.00000000 .00000000 5.62197928 5.62197928 1,000.00000000 IIM1 6.528750%
IIM2 161551BP0 1,000.00000000 .00000000 6.04392381 6.04392381 1,000.00000000 IIM2 7.018750%
TOTALS 957.11604584 9.70092829 5.41838453 15.11931282 947.41511755
</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
March 27 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 1 Gross Scheduled Interest 1,082,674.96
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 999.50
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 54,917.41
Sec. 4.05(i)(A)&(B) Group 1 Scheduled Principal 111,209.68
Group 1 Curtailments 13,375.72
Group 1 Prepayments 579,180.75
Group 1 Liquidations 0.00
Group 1 Repurchases 0.00
Group 1 Subsitution princial 0.00
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 245,553.77
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 300,726.81
Group 1 Principal Advances 28,060.38
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 131,801,775.19
Group 1 Ending Pool Stated Principal Balance 131,098,173.25
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.34820038 %
Sec. 4.05(a)(xvii) Group 1 Trigger Event NO
Sec. 4.05(a)(iii) Class IA-1 Interest Carryforward Amount 0.00
Class IA-2 Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
March 27 2000
<TABLE>
<S> <C> <C>
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
March 27 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 2 Gross Scheduled Interest 1,915,816.66
Sec. 4.05(a)(vii) Group 2 Master Servicer Fee 1,783.80
Sec. 4.05(a)(vi) Group 2 Subservicer Fee 98,010.84
Sec. 4.05(i)(A)&(B) Group 2 Scheduled Principal 118,554.39
Group 2 Curtailments 11,895.44
Group 2 Prepayments 1,995,999.18
Group 2 Liquidations 76,099.67
Group 2 Repurchases 0.00
Group 2 Subsitution princial 0.00
Sec. 4.05(a)(i)(C) Group 2 Extra Principal Distribution Amount 538,240.19
Sec. 4.05(a)(xi) Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 606,794.09
Group 2 Principal Advances 36,546.84
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 235,226,021.58
Group 2 Ending Pool Stated Principal Balance 233,023,437.72
Sec. 4.05(a)(ix) Group 2 Net Mortgage Rate 9.26439278 %
Sec. 4.05(a)(xvii) Group 2 Trigger Event NO
Sec. 4.05(a)(iii) Class IIA-1 Interest Carryforward Amount 0.00
Class IIM-2 Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
March 27 2000
<TABLE>
<S> <C> <C>
Class IIB Interest Carryforward Amount 0.00
Class IIM-1 Interest Carryforward Amount 0.00
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 7
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
March 27 2000
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in
Delinquency
Group 1
Principal
Category Number Balance Percentage
1 Month 33 2,223,249.00 1.70%
2 Months 12 1,246,774.00 .95%
3+Months 4 399,400.86 .30%
Total 49 3,869,423.86 2.95%
Group 2
Principal
Category Number Balance Percentage
1 Month 29 2,887,202.96 1.24%
2 Months 12 1,332,696.11 .57%
3+Months 5 447,320.23 .19%
Total 46.00 4,667,219.30 2.00%
Group Totals
Principal
Category Number Balance Percentage
1 Month 62 5,110,451.96 1.40%
2 Months 24 2,579,470.11 .71%
3+Months 9 846,721.09 .23%
Total 95.00 8,536,643.16 2.34%
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in
Foreclosure
Group 1
Principal
Number Balance Percentage
9.00 515,018.37 .39%
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
March 27 2000
Group 2
Principal
Number Balance Percentage
18.00 1,996,182.30 .86%
Group Totals
Principal
Number Balance Percentage
27.00 2,511,200.67 1.25%
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
Group 1
Principal
Number Balance Percentage
.00 .00 .00%
Group 2
Principal
Number Balance Percentage
.00 .00 .00%
Group Totals
Principal
Number Balance Percentage
.00 .00 .00%
REO PROPERTY
DATE BECOME LOAN PRINCIPAL
REO NUMBER BALANCE
Sec. 4.05(a)(xiv) Group 1 REO Loan Count 0.00
Sec. 4.05(a)(xiv) Group 1 REO Loan Balance 0.00
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
March 27 2000
<TABLE>
<S> <C>
Sec. 4.05(a)(xiv) Group 2 REO Loan Count 0.00
Sec. 4.05(a)(xiv) Group 2 REO Loan Balance 0.00
Sec. 4.05(a)(xv) Total REO Loan Count 0.00
Sec. 4.05(a)(xv) Aggregate REO Loan Balance 0.00
Sec. 4.05(xvii) Liquidated Loans this Period
</TABLE>
<TABLE>
<CAPTION>
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
grp2 1094290820 02/04/2000 .00 .00 76,099.67 2
</TABLE>
<TABLE>
<S> <C>
Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 0.00
Group 2 Aggregate Principal Balance of Liquidated Loans 76,099.67
Total Aggregate Principal Balance of Liquidated Loans 76,099.67
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
Statement to Certificateholders
March 27 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 42,426,814.34 338,673.43 221,716.93 560,390.36 0.00 0.00 42,088,140.91
IA2 18,500,000.00 18,500,000.00 0.00 109,766.67 109,766.67 0.00 0.00 18,500,000.00
IA3 18,500,000.00 18,500,000.00 0.00 110,907.50 110,907.50 0.00 0.00 18,500,000.00
IA4 16,000,000.00 16,000,000.00 0.00 99,920.00 99,920.00 0.00 0.00 16,000,000.00
IA5 11,640,000.00 11,640,000.00 0.00 75,116.80 75,116.80 0.00 0.00 11,640,000.00
IA6 11,960,000.00 11,960,000.00 0.00 73,823.10 73,823.10 0.00 0.00 11,960,000.00
IM1 4,550,000.00 4,550,000.00 0.00 29,320.96 29,320.96 0.00 0.00 4,550,000.00
IM2 2,925,000.00 2,925,000.00 0.00 20,172.75 20,172.75 0.00 0.00 2,925,000.00
IB 2,925,000.00 2,925,000.00 0.00 21,937.50 21,937.50 0.00 0.00 2,925,000.00
IIA1 205,200,000.00 202,974,436.29 1,364,529.56 1,079,943.81 2,444,473.37 0.00 0.00 201,609,906.73
IIM1 14,760,000.00 14,760,000.00 0.00 82,344.91 82,344.91 0.00 0.00 14,760,000.00
IIM2 10,440,000.00 10,440,000.00 0.00 61,390.46 61,390.46 0.00 0.00 10,440,000.00
IIB 9,600,000.00 9,600,000.00 0.00 68,437.67 68,437.67 0.00 0.00 9,600,000.00
R 0.00 0.00 0.00 826,088.74 826,088.74 0.00 0.00 0.00
TOTALS 370,000,000.00 367,201,250.63 1,703,202.990 2,880,887.80 4,584,090.79 0.00 0.00 365,498,047.64
</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 986.67010093 7.87612628 5.15620767 13.03233395 978.79397465 IA1 6.068750%
IA2 161551BR6 1,000.00000000 .00000000 5.93333351 5.93333351 1,000.00000000 IA2 7.120000%
IA3 161551BS4 1,000.00000000 .00000000 5.99500000 5.99500000 1,000.00000000 IA3 7.194000%
IA4 161551BT2 1,000.00000000 .00000000 6.24500000 6.24500000 1,000.00000000 IA4 7.494000%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
Statement to Certificateholders
March 27 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 161551BU9 1,000.00000000 .00000000 6.45333333 6.45333333 1,000.00000000 IA5 7.744000%
IA6 161551BV7 1,000.00000000 .00000000 6.17250000 6.17250000 1,000.00000000 IA6 7.407000%
IM1 161551BW5 1,000.00000000 .00000000 6.44416703 6.44416703 1,000.00000000 IM1 7.733000%
IM2 161551BX3 1,000.00000000 .00000000 6.89666667 6.89666667 1,000.00000000 IM2 8.276000%
IB 161551BY1 1,000.00000000 .00000000 7.50000000 7.50000000 1,000.00000000 IB 9.000000%
IIA1 161551BZ8 989.15417295 6.64975419 5.26288406 11.91263826 982.50441876 IIA1 6.178750%
IIM1 161551CA2 1,000.00000000 .00000000 5.57892344 5.57892344 1,000.00000000 IIM1 6.478750%
IIM2 161551CB0 1,000.00000000 .00000000 5.88031226 5.88031226 1,000.00000000 IIM2 6.828750%
IIB 161551CC8 1,000.00000000 .00000000 7.12892396 7.12892396 1,000.00000000 IIB 8.278750%
TOTALS 992.43581251 4.60325132 7.78618324 12.38943457 987.83256119
</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 1999-4
March 27 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,063,542.50
Sec 4.05(a)(vi) Group 1 Master Servicing Fee 981.54
Group 1 Servicing Fee 53,930.69
Group 1 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 117,628.99
Curtailments 20,895.60
Prepayments 200,148.84
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 202,813.42
Group 1 Principal Advances 21,285.12
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 129,433,662.44
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 129,094,989.01
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
March 27 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.35117084%
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>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
March 27 2000
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
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
March 27 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,973,133.86
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 1,803.13
Group 2 Servicing Fee 99,073.20
Group 2 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 111,751.97
Curtailments 13,676.67
Prepayments 1,239,100.92
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 538,533.58
Group 2 Principal Advances 29,534.97
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 237,775,671.50
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 236,411,141.94
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
March 27 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.44885911%
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
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
March 27 2000
<TABLE>
<S> <C> <C>
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-2 Interest Carryover Amount Paid 0.00
Class IIM-1 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>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
March 27 2000
Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans
in Delinquency
Group 1
Principal
Category Number Balance Percentage
1 Month 5 720,050.15 .56%
2 Months 2 96,870.58 .08%
3+Months 0 .00 .00%
Total 7 816,920.73 .64%
Group 2
Principal
Category Number Balance Percentage
1 Month 21 2,590,505.46 1.10%
2 Months 4 628,677.07 .27%
3+Months 0 .00 .00%
Total 25.00 3,219,182.53 1.37%
Group Totals
Principal
Category Number Balance Percentage
1 Month 26 3,310,555.61 .91%
2 Months 6 725,547.65 .20%
3+Months 0 .00 .00%
Total 32.00 4,036,103.26 1.11%
Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans
in Foreclosure
Group 1
Principal
Number Balance Percentage
2.00 166,000.00 .32%
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 10
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
March 27 2000
Group 2
Principal
Number Balance Percentage
3.00 225,600.00 .10%
Group Totals
Principal
Number Balance Percentage
5.00 391,600.00 .41%
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
REO PROPERTY
DATE BECOME LOAN PRINCIPAL
REO NUMBER BALANCE
Sec. 4.05(xvii) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
